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埃培智集团（IPG）与RPM INTERNATIONAL INC（RPM）财务数据对比。点击上方公司名可切换其他公司
埃培智集团的季度营收约是RPM INTERNATIONAL INC的1.1倍（$2.1B vs $1.9B），RPM INTERNATIONAL INC净利率更高（8.4% vs 5.8%，领先2.6%），RPM INTERNATIONAL INC同比增速更快（3.5% vs -4.8%），RPM INTERNATIONAL INC自由现金流更多（$296.4M vs $153.6M），过去两年RPM INTERNATIONAL INC的营收复合增速更高（12.0% vs -9.1%）
埃培智集团（IPG）是总部位于美国纽约的广告营销传播集团，旗下拥有FCB、IPG盟博、麦肯世界集团、睿狮集团等五大核心业务网络，以及公关、体育营销、艺人经纪、医疗营销等领域的多家专业独立代理商，被宏盟收购前是与WPP、阳狮、宏盟齐名的全球广告行业“四大集团”之一。
BVS娱乐前身为Saban制作、Saban国际及Saban娱乐，是华特迪士尼公司旗下子公司。1980年4月24日由哈伊姆·萨班与舒基·利维创立，最初主营音乐制作，后逐步转向电视节目制作发行业务，最为知名的是为Fox Family/ABC Family及已停播的Fox Kids、Jetix频道制作发行儿童节目。
IPG vs RPM — 直观对比
营收规模更大
IPG
是对方的1.1倍
$1.9B
营收增速更快
RPM
高出8.3%
-4.8%
净利率更高
RPM
高出2.6%
5.8%
自由现金流更多
RPM
多$142.8M
$153.6M
两年增速更快
RPM
近两年复合增速
-9.1%
损益表 — Q3 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.9B |
| 净利润 | $124.2M | $161.2M |
| 毛利率 | — | 40.8% |
| 营业利润率 | 10.3% | 11.0% |
| 净利率 | 5.8% | 8.4% |
| 营收同比 | -4.8% | 3.5% |
| 净利润同比 | 517.9% | -12.0% |
| 每股收益（稀释后） | $0.34 | $1.26 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收IPGRPM
| Q4 25 | — | $1.9B | ||
| Q3 25 | $2.1B | $2.1B | ||
| Q2 25 | $2.2B | $2.1B | ||
| Q1 25 | $2.0B | $1.5B | ||
| Q4 24 | $2.4B | $1.8B | ||
| Q3 24 | $2.2B | $2.0B | ||
| Q2 24 | $2.3B | $2.0B | ||
| Q1 24 | $2.2B | $1.5B |
净利润IPGRPM
| Q4 25 | — | $161.2M | ||
| Q3 25 | $124.2M | $227.6M | ||
| Q2 25 | $162.5M | $225.8M | ||
| Q1 25 | $-85.4M | $52.0M | ||
| Q4 24 | $344.5M | $183.2M | ||
| Q3 24 | $20.1M | $227.7M | ||
| Q2 24 | $214.5M | $180.6M | ||
| Q1 24 | $110.4M | $61.2M |
毛利率IPGRPM
| Q4 25 | — | 40.8% | ||
| Q3 25 | — | 42.3% | ||
| Q2 25 | — | 42.4% | ||
| Q1 25 | -3.2% | 38.4% | ||
| Q4 24 | 10.1% | 41.4% | ||
| Q3 24 | 2.9% | 42.5% | ||
| Q2 24 | 1.2% | 41.4% | ||
| Q1 24 | -1.1% | 39.9% |
营业利润率IPGRPM
| Q4 25 | — | 11.0% | ||
| Q3 25 | 10.3% | 14.1% | ||
| Q2 25 | 11.2% | 11.9% | ||
| Q1 25 | -2.1% | 2.8% | ||
| Q4 24 | 23.3% | 11.5% | ||
| Q3 24 | 5.9% | 14.8% | ||
| Q2 24 | 13.7% | 11.9% | ||
| Q1 24 | 8.4% | 5.5% |
净利率IPGRPM
| Q4 25 | — | 8.4% | ||
| Q3 25 | 5.8% | 10.8% | ||
| Q2 25 | 7.5% | 10.8% | ||
| Q1 25 | -4.3% | 3.5% | ||
| Q4 24 | 14.1% | 9.9% | ||
| Q3 24 | 0.9% | 11.6% | ||
| Q2 24 | 9.2% | 9.0% | ||
| Q1 24 | 5.1% | 4.0% |
每股收益（稀释后）IPGRPM
| Q4 25 | — | $1.26 | ||
| Q3 25 | $0.34 | $1.77 | ||
| Q2 25 | $0.44 | $1.76 | ||
| Q1 25 | $-0.23 | $0.40 | ||
| Q4 24 | $0.92 | $1.42 | ||
| Q3 24 | $0.05 | $1.77 | ||
| Q2 24 | $0.57 | $1.40 | ||
| Q1 24 | $0.29 | $0.47 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.5B | $316.6M |
| 总债务越低越好 | — | $2.5B |
| 股东权益账面价值 | $3.7B | $3.1B |
| 总资产 | $17.0B | $7.9B |
| 负债/权益比越低杠杆越低 | — | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资IPGRPM
| Q4 25 | — | $316.6M | ||
| Q3 25 | $1.5B | $297.1M | ||
| Q2 25 | $1.6B | $302.1M | ||
| Q1 25 | $1.9B | $241.9M | ||
| Q4 24 | $2.2B | $268.7M | ||
| Q3 24 | $1.5B | $231.6M | ||
| Q2 24 | $1.5B | $237.4M | ||
| Q1 24 | $1.9B | $248.9M |
总债务IPGRPM
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $2.2B |
股东权益IPGRPM
| Q4 25 | — | $3.1B | ||
| Q3 25 | $3.7B | $3.1B | ||
| Q2 25 | $3.7B | $2.9B | ||
| Q1 25 | $3.6B | $2.7B | ||
| Q4 24 | $3.8B | $2.7B | ||
| Q3 24 | $3.7B | $2.6B | ||
| Q2 24 | $3.8B | $2.5B | ||
| Q1 24 | $3.8B | $2.3B |
总资产IPGRPM
| Q4 25 | — | $7.9B | ||
| Q3 25 | $17.0B | $7.9B | ||
| Q2 25 | $17.0B | $7.8B | ||
| Q1 25 | $17.1B | $6.6B | ||
| Q4 24 | $18.3B | $6.7B | ||
| Q3 24 | $17.1B | $6.6B | ||
| Q2 24 | $17.0B | $6.6B | ||
| Q1 24 | $17.3B | $6.4B |
负债/权益比IPGRPM
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | — | 0.91× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 0.79× | ||
| Q1 24 | — | 0.93× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $180.1M | $345.7M |
| 自由现金流经营现金流 - 资本支出 | $153.6M | $296.4M |
| 自由现金流率自由现金流/营收 | 7.2% | 15.5% |
| 资本支出强度资本支出/营收 | 1.2% | 2.6% |
| 现金转化率经营现金流/净利润 | 1.45× | 2.14× |
| 过去12个月自由现金流最近4个季度 | $806.8M | $582.9M |
8季度趋势，按日历期对齐
经营现金流IPGRPM
| Q4 25 | — | $345.7M | ||
| Q3 25 | $180.1M | $237.5M | ||
| Q2 25 | $-96.0M | $149.2M | ||
| Q1 25 | $-37.0M | $91.5M | ||
| Q4 24 | $868.1M | $279.4M | ||
| Q3 24 | $223.8M | $248.1M | ||
| Q2 24 | $120.7M | $181.2M | ||
| Q1 24 | $-157.4M | $173.4M |
自由现金流IPGRPM
| Q4 25 | — | $296.4M | ||
| Q3 25 | $153.6M | $175.0M | ||
| Q2 25 | $-121.8M | $78.2M | ||
| Q1 25 | $-58.5M | $33.3M | ||
| Q4 24 | $833.5M | $229.5M | ||
| Q3 24 | $186.5M | $197.3M | ||
| Q2 24 | $85.9M | $105.3M | ||
| Q1 24 | $-192.5M | $124.6M |
自由现金流率IPGRPM
| Q4 25 | — | 15.5% | ||
| Q3 25 | 7.2% | 8.3% | ||
| Q2 25 | -5.6% | 3.8% | ||
| Q1 25 | -2.9% | 2.3% | ||
| Q4 24 | 34.2% | 12.4% | ||
| Q3 24 | 8.3% | 10.0% | ||
| Q2 24 | 3.7% | 5.2% | ||
| Q1 24 | -8.8% | 8.2% |
资本支出强度IPGRPM
| Q4 25 | — | 2.6% | ||
| Q3 25 | 1.2% | 3.0% | ||
| Q2 25 | 1.2% | 3.4% | ||
| Q1 25 | 1.1% | 3.9% | ||
| Q4 24 | 1.4% | 2.7% | ||
| Q3 24 | 1.7% | 2.6% | ||
| Q2 24 | 1.5% | 3.8% | ||
| Q1 24 | 1.6% | 3.2% |
现金转化率IPGRPM
| Q4 25 | — | 2.14× | ||
| Q3 25 | 1.45× | 1.04× | ||
| Q2 25 | -0.59× | 0.66× | ||
| Q1 25 | — | 1.76× | ||
| Q4 24 | 2.52× | 1.53× | ||
| Q3 24 | 11.13× | 1.09× | ||
| Q2 24 | 0.56× | 1.00× | ||
| Q1 24 | -1.43× | 2.83× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
IPG
| MDE | $619.0M | 29% |
| IAC | $574.9M | 27% |
| Other | $527.9M | 25% |
| SCE | $413.8M | 19% |
RPM
| Construction Products Group Segment | $737.4M | 39% |
| Consumer Segment | $638.6M | 33% |
| Performance Coatings Group Segment | $533.8M | 28% |
