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

Textron is the larger business by last-quarter revenue ($4.2B vs $2.1B, roughly 2.0× Interpublic Group of Companies (The)). Interpublic Group of Companies (The) runs the higher net margin — 5.8% vs 5.6%, a 0.2% gap on every dollar of revenue. On growth, Textron posted the faster year-over-year revenue change (15.6% vs -4.8%). Textron produced more free cash flow last quarter ($527.0M vs $153.6M). Over the past eight quarters, Textron's revenue compounded faster (15.4% CAGR vs -9.1%).

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...

Textron Inc. is an American industrial conglomerate based in Providence, Rhode Island. Textron's subsidiaries include Bell Textron, Kautex, Textron Aviation, and Lycoming Engines. It was founded by Royal Little in 1923 as the Special Yarns Company. In 2020, Textron employed over 33,000 people in 25 countries. The company ranked 265th on the 2021 Fortune 500 of the largest United States corporations by revenue.

IPG vs TXT — Head-to-Head

Bigger by revenue
TXT
TXT
2.0× larger
TXT
$4.2B
$2.1B
IPG
Growing faster (revenue YoY)
TXT
TXT
+20.3% gap
TXT
15.6%
-4.8%
IPG
Higher net margin
IPG
IPG
0.2% more per $
IPG
5.8%
5.6%
TXT
More free cash flow
TXT
TXT
$373.4M more FCF
TXT
$527.0M
$153.6M
IPG
Faster 2-yr revenue CAGR
TXT
TXT
Annualised
TXT
15.4%
-9.1%
IPG

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
IPG
IPG
TXT
TXT
Revenue
$2.1B
$4.2B
Net Profit
$124.2M
$235.0M
Gross Margin
Operating Margin
10.3%
Net Margin
5.8%
5.6%
Revenue YoY
-4.8%
15.6%
Net Profit YoY
517.9%
66.7%
EPS (diluted)
$0.34

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
TXT
TXT
Q4 25
$4.2B
Q3 25
$2.1B
$3.6B
Q2 25
$2.2B
$3.7B
Q1 25
$2.0B
$3.3B
Q4 24
$2.4B
$3.6B
Q3 24
$2.2B
$3.4B
Q2 24
$2.3B
$3.5B
Q1 24
$2.2B
$3.1B
Net Profit
IPG
IPG
TXT
TXT
Q4 25
$235.0M
Q3 25
$124.2M
$234.0M
Q2 25
$162.5M
$245.0M
Q1 25
$-85.4M
$207.0M
Q4 24
$344.5M
$141.0M
Q3 24
$20.1M
$223.0M
Q2 24
$214.5M
$259.0M
Q1 24
$110.4M
$201.0M
Gross Margin
IPG
IPG
TXT
TXT
Q4 25
Q3 25
Q2 25
Q1 25
-3.2%
Q4 24
10.1%
Q3 24
2.9%
Q2 24
1.2%
Q1 24
-1.1%
Operating Margin
IPG
IPG
TXT
TXT
Q4 25
Q3 25
10.3%
Q2 25
11.2%
Q1 25
-2.1%
Q4 24
23.3%
3.6%
Q3 24
5.9%
7.4%
Q2 24
13.7%
9.2%
Q1 24
8.4%
7.6%
Net Margin
IPG
IPG
TXT
TXT
Q4 25
5.6%
Q3 25
5.8%
6.5%
Q2 25
7.5%
6.6%
Q1 25
-4.3%
6.3%
Q4 24
14.1%
3.9%
Q3 24
0.9%
6.5%
Q2 24
9.2%
7.3%
Q1 24
5.1%
6.4%
EPS (diluted)
IPG
IPG
TXT
TXT
Q4 25
Q3 25
$0.34
Q2 25
$0.44
Q1 25
$-0.23
$1.13
Q4 24
$0.92
Q3 24
$0.05
Q2 24
$0.57
Q1 24
$0.29
$1.03

Balance Sheet & Financial Strength

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

Metric
IPG
IPG
TXT
TXT
Cash + ST InvestmentsLiquidity on hand
$1.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.7B
Total Assets
$17.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPG
IPG
TXT
TXT
Q4 25
Q3 25
$1.5B
Q2 25
$1.6B
Q1 25
$1.9B
Q4 24
$2.2B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.9B
Stockholders' Equity
IPG
IPG
TXT
TXT
Q4 25
Q3 25
$3.7B
$7.5B
Q2 25
$3.7B
$7.4B
Q1 25
$3.6B
$7.3B
Q4 24
$3.8B
$7.2B
Q3 24
$3.7B
$7.0B
Q2 24
$3.8B
$6.9B
Q1 24
$3.8B
$6.9B
Total Assets
IPG
IPG
TXT
TXT
Q4 25
Q3 25
$17.0B
$17.4B
Q2 25
$17.0B
$17.1B
Q1 25
$17.1B
$16.9B
Q4 24
$18.3B
$16.8B
Q3 24
$17.1B
$16.5B
Q2 24
$17.0B
$16.4B
Q1 24
$17.3B
$16.4B

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
TXT
TXT
Operating Cash FlowLast quarter
$180.1M
$700.0M
Free Cash FlowOCF − Capex
$153.6M
$527.0M
FCF MarginFCF / Revenue
7.2%
12.6%
Capex IntensityCapex / Revenue
1.2%
4.1%
Cash ConversionOCF / Net Profit
1.45×
2.98×
TTM Free Cash FlowTrailing 4 quarters
$806.8M
$929.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPG
IPG
TXT
TXT
Q4 25
$700.0M
Q3 25
$180.1M
$349.0M
Q2 25
$-96.0M
$387.0M
Q1 25
$-37.0M
$-124.0M
Q4 24
$868.1M
$446.0M
Q3 24
$223.8M
$208.0M
Q2 24
$120.7M
$367.0M
Q1 24
$-157.4M
$-7.0M
Free Cash Flow
IPG
IPG
TXT
TXT
Q4 25
$527.0M
Q3 25
$153.6M
$273.0M
Q2 25
$-121.8M
$309.0M
Q1 25
$-58.5M
$-180.0M
Q4 24
$833.5M
$293.0M
Q3 24
$186.5M
$137.0M
Q2 24
$85.9M
$293.0M
Q1 24
$-192.5M
$-73.0M
FCF Margin
IPG
IPG
TXT
TXT
Q4 25
12.6%
Q3 25
7.2%
7.6%
Q2 25
-5.6%
8.3%
Q1 25
-2.9%
-5.4%
Q4 24
34.2%
8.1%
Q3 24
8.3%
4.0%
Q2 24
3.7%
8.3%
Q1 24
-8.8%
-2.3%
Capex Intensity
IPG
IPG
TXT
TXT
Q4 25
4.1%
Q3 25
1.2%
2.1%
Q2 25
1.2%
2.1%
Q1 25
1.1%
1.7%
Q4 24
1.4%
4.2%
Q3 24
1.7%
2.1%
Q2 24
1.5%
2.1%
Q1 24
1.6%
2.1%
Cash Conversion
IPG
IPG
TXT
TXT
Q4 25
2.98×
Q3 25
1.45×
1.49×
Q2 25
-0.59×
1.58×
Q1 25
-0.60×
Q4 24
2.52×
3.16×
Q3 24
11.13×
0.93×
Q2 24
0.56×
1.42×
Q1 24
-1.43×
-0.03×

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%

TXT
TXT

Aircraft$1.2B29%
Military Aircraft And Support Programs$655.0M16%
Aftermarket Parts And Services$551.0M13%
Services$507.0M12%
Fuel Systems And Functional Components$480.0M11%
Textron Systems$323.0M8%
Other$317.0M8%
US Government$119.0M3%
Finance$18.0M0%
Textron E Aviation Segment$7.0M0%

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