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Side-by-side financial comparison of Interpublic Group of Companies (The) (IPG) and PVH CORP. (PVH). Click either name above to swap in a different company.

PVH CORP. is the larger business by last-quarter revenue ($2.3B vs $2.1B, roughly 1.1× Interpublic Group of Companies (The)). Interpublic Group of Companies (The) runs the higher net margin — 5.8% vs 0.2%, a 5.6% gap on every dollar of revenue. On growth, PVH CORP. posted the faster year-over-year revenue change (1.7% vs -4.8%). Interpublic Group of Companies (The) produced more free cash flow last quarter ($153.6M vs $-85.1M).

The Interpublic Group of Companies, Inc. (IPG) was an American advertising company based in New York City. It consisted of the five major networks FCB, IPG Mediabrands, McCann Worldgroup, MullenLowe Group and Marketing Specialists, as well as several independent specialty agencies in the areas of public relations, sports marketing, talent representation and healthcare. Prior to the Omnicom acquisition, it was one of the "Big Four" agency companies, alongside WPP, Publicis, and Omnicom. The co...

PVH Corp., formerly known as the Phillips-Van Heusen Corporation, is an American clothing company which owns brands such as Tommy Hilfiger and Calvin Klein. The company also licenses brands such as Kenneth Cole New York and Michael Kors.

IPG vs PVH — Head-to-Head

Bigger by revenue
PVH
PVH
1.1× larger
PVH
$2.3B
$2.1B
IPG
Growing faster (revenue YoY)
PVH
PVH
+6.5% gap
PVH
1.7%
-4.8%
IPG
Higher net margin
IPG
IPG
5.6% more per $
IPG
5.8%
0.2%
PVH
More free cash flow
IPG
IPG
$238.7M more FCF
IPG
$153.6M
$-85.1M
PVH

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
IPG
IPG
PVH
PVH
Revenue
$2.1B
$2.3B
Net Profit
$124.2M
$4.2M
Gross Margin
56.3%
Operating Margin
10.3%
7.9%
Net Margin
5.8%
0.2%
Revenue YoY
-4.8%
1.7%
Net Profit YoY
517.9%
-96.8%
EPS (diluted)
$0.34
$0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IPG
IPG
PVH
PVH
Q4 25
$2.3B
Q3 25
$2.1B
$2.2B
Q2 25
$2.2B
$2.0B
Q1 25
$2.0B
Q4 24
$2.4B
Q3 24
$2.2B
Q2 24
$2.3B
Q1 24
$2.2B
Net Profit
IPG
IPG
PVH
PVH
Q4 25
$4.2M
Q3 25
$124.2M
$224.2M
Q2 25
$162.5M
$-44.8M
Q1 25
$-85.4M
Q4 24
$344.5M
Q3 24
$20.1M
Q2 24
$214.5M
Q1 24
$110.4M
Gross Margin
IPG
IPG
PVH
PVH
Q4 25
56.3%
Q3 25
57.7%
Q2 25
58.6%
Q1 25
-3.2%
Q4 24
10.1%
Q3 24
2.9%
Q2 24
1.2%
Q1 24
-1.1%
Operating Margin
IPG
IPG
PVH
PVH
Q4 25
7.9%
Q3 25
10.3%
6.1%
Q2 25
11.2%
-16.7%
Q1 25
-2.1%
Q4 24
23.3%
Q3 24
5.9%
Q2 24
13.7%
Q1 24
8.4%
Net Margin
IPG
IPG
PVH
PVH
Q4 25
0.2%
Q3 25
5.8%
10.3%
Q2 25
7.5%
-2.3%
Q1 25
-4.3%
Q4 24
14.1%
Q3 24
0.9%
Q2 24
9.2%
Q1 24
5.1%
EPS (diluted)
IPG
IPG
PVH
PVH
Q4 25
$0.09
Q3 25
$0.34
$4.63
Q2 25
$0.44
$-0.88
Q1 25
$-0.23
Q4 24
$0.92
Q3 24
$0.05
Q2 24
$0.57
Q1 24
$0.29

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IPG
IPG
PVH
PVH
Cash + ST InvestmentsLiquidity on hand
$1.5B
$158.2M
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
$3.7B
$4.9B
Total Assets
$17.0B
$11.4B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPG
IPG
PVH
PVH
Q4 25
$158.2M
Q3 25
$1.5B
$248.8M
Q2 25
$1.6B
$191.0M
Q1 25
$1.9B
Q4 24
$2.2B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.9B
Total Debt
IPG
IPG
PVH
PVH
Q4 25
$2.3B
Q3 25
$2.3B
Q2 25
$2.2B
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
IPG
IPG
PVH
PVH
Q4 25
$4.9B
Q3 25
$3.7B
$4.9B
Q2 25
$3.7B
$4.6B
Q1 25
$3.6B
Q4 24
$3.8B
Q3 24
$3.7B
Q2 24
$3.8B
Q1 24
$3.8B
Total Assets
IPG
IPG
PVH
PVH
Q4 25
$11.4B
Q3 25
$17.0B
$11.6B
Q2 25
$17.0B
$10.7B
Q1 25
$17.1B
Q4 24
$18.3B
Q3 24
$17.1B
Q2 24
$17.0B
Q1 24
$17.3B
Debt / Equity
IPG
IPG
PVH
PVH
Q4 25
0.46×
Q3 25
0.47×
Q2 25
0.48×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IPG
IPG
PVH
PVH
Operating Cash FlowLast quarter
$180.1M
$-44.5M
Free Cash FlowOCF − Capex
$153.6M
$-85.1M
FCF MarginFCF / Revenue
7.2%
-3.7%
Capex IntensityCapex / Revenue
1.2%
1.8%
Cash ConversionOCF / Net Profit
1.45×
-10.60×
TTM Free Cash FlowTrailing 4 quarters
$806.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPG
IPG
PVH
PVH
Q4 25
$-44.5M
Q3 25
$180.1M
$213.1M
Q2 25
$-96.0M
$-71.4M
Q1 25
$-37.0M
Q4 24
$868.1M
Q3 24
$223.8M
Q2 24
$120.7M
Q1 24
$-157.4M
Free Cash Flow
IPG
IPG
PVH
PVH
Q4 25
$-85.1M
Q3 25
$153.6M
$181.9M
Q2 25
$-121.8M
$-98.1M
Q1 25
$-58.5M
Q4 24
$833.5M
Q3 24
$186.5M
Q2 24
$85.9M
Q1 24
$-192.5M
FCF Margin
IPG
IPG
PVH
PVH
Q4 25
-3.7%
Q3 25
7.2%
8.4%
Q2 25
-5.6%
-4.9%
Q1 25
-2.9%
Q4 24
34.2%
Q3 24
8.3%
Q2 24
3.7%
Q1 24
-8.8%
Capex Intensity
IPG
IPG
PVH
PVH
Q4 25
1.8%
Q3 25
1.2%
1.4%
Q2 25
1.2%
1.3%
Q1 25
1.1%
Q4 24
1.4%
Q3 24
1.7%
Q2 24
1.5%
Q1 24
1.6%
Cash Conversion
IPG
IPG
PVH
PVH
Q4 25
-10.60×
Q3 25
1.45×
0.95×
Q2 25
-0.59×
Q1 25
Q4 24
2.52×
Q3 24
11.13×
Q2 24
0.56×
Q1 24
-1.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IPG
IPG

MDE$619.0M29%
IAC$574.9M27%
Other$527.9M25%
SCE$413.8M19%

PVH
PVH

Sales Channel Salesto Wholesale Customers$1.0B44%
Sales Channel Sales To Owned And Operated Retail Customers$868.0M38%
Sales Channel Sales To Owned And Operated Digital Retail Customers$186.6M8%
Licensing$99.5M4%
Other$75.8M3%
Heritage Brands$51.3M2%

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