$OMC
OMNICOM GROUP INC.

2023 Q3 Form 10-Q Financial Statement

#000002998923000026 Filed on July 19, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $3.578B $3.610B
YoY Change 3.91% 1.2%
Cost Of Revenue $2.875B $2.618B
YoY Change 4.28% -8.44%
Gross Profit $703.0M $992.1M
YoY Change 2.43% 40.09%
Gross Profit Margin 19.65% 27.48%
Selling, General & Admin $89.80M $396.8M
YoY Change 3.94% 257.8%
% of Gross Profit 12.77% 40.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $52.40M $51.10M
YoY Change -2.78% -8.26%
% of Gross Profit 7.45% 5.15%
Operating Expenses $89.80M $447.9M
YoY Change 3.94% 303.88%
Operating Profit $560.8M $544.2M
YoY Change 2.71% 0.48%
Interest Expense $53.50M -$27.40M
YoY Change 2.88% -153.52%
% of Operating Profit 9.54% -5.03%
Other Income/Expense, Net
YoY Change
Pretax Income $522.5M $523.3M
YoY Change 1.08% 4.35%
Income Tax $136.1M $141.2M
% Of Pretax Income 26.05% 26.98%
Net Earnings $371.9M $366.3M
YoY Change 2.03% 5.14%
Net Earnings / Revenue 10.39% 10.15%
Basic Earnings Per Share $1.88 $1.84
Diluted Earnings Per Share $1.86 $1.82
COMMON SHARES
Basic Shares Outstanding 197.6M shares 199.5M shares
Diluted Shares Outstanding 199.9M shares 201.6M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.770B $2.810B
YoY Change -15.9% -15.49%
Cash & Equivalents $2.770B $2.734B
Short-Term Investments $0.00 $75.90M
Other Short-Term Assets $891.8M $904.3M
YoY Change 5.94% 1.4%
Inventory $761.5M $797.1M
Prepaid Expenses
Receivables $7.286B $8.301B
Other Receivables $0.00 $0.00
Total Short-Term Assets $12.56B $12.81B
YoY Change 4.44% 2.53%
LONG-TERM ASSETS
Property, Plant & Equipment $1.904B $1.956B
YoY Change -5.62% -6.52%
Goodwill $9.889B $9.703B
YoY Change 4.1% 0.02%
Intangibles $384.9M $289.0M
YoY Change 20.73% -12.82%
Long-Term Investments $65.40M $67.10M
YoY Change 1.87% -3.59%
Other Assets $202.8M $239.6M
YoY Change 0.15% 12.17%
Total Long-Term Assets $12.45B $12.26B
YoY Change 2.84% -1.24%
TOTAL ASSETS
Total Short-Term Assets $12.56B $12.81B
Total Long-Term Assets $12.45B $12.26B
Total Assets $25.01B $25.07B
YoY Change 3.64% 0.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.601B $9.949B
YoY Change 6.35% 4.14%
Accrued Expenses
YoY Change
Deferred Revenue $1.193B $1.160B
YoY Change -12.21% -15.52%
Short-Term Debt $14.50M $20.50M
YoY Change 42.16% 66.67%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $13.02B $13.30B
YoY Change 2.47% 0.66%
LONG-TERM LIABILITIES
Long-Term Debt $5.572B $5.614B
YoY Change 2.23% 1.18%
Other Long-Term Liabilities $906.8M $1.657B
YoY Change -0.77% 77.56%
Total Long-Term Liabilities $906.8M $7.271B
YoY Change -0.77% 679.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.02B $13.30B
Total Long-Term Liabilities $906.8M $7.271B
Total Liabilities $13.93B $21.91B
YoY Change 2.25% 54.9%
SHAREHOLDERS EQUITY
Retained Earnings $10.28B $10.05B
YoY Change 8.81% 8.89%
Common Stock $557.3M $630.4M
YoY Change -6.6% 3.07%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.155B $6.174B
YoY Change 10.55% 11.84%
Treasury Stock Shares
Shareholders Equity $3.229B $3.154B
YoY Change
Total Liabilities & Shareholders Equity $25.01B $25.07B
YoY Change 3.64% 0.65%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $371.9M $366.3M
YoY Change 2.03% 5.14%
Depreciation, Depletion And Amortization $52.40M $51.10M
YoY Change -2.78% -8.26%
Cash From Operating Activities $405.5M -$262.5M
YoY Change -17.13% 34.34%
INVESTING ACTIVITIES
Capital Expenditures $24.20M $16.90M
YoY Change -204.76% -187.56%
Acquisitions
YoY Change
Other Investing Activities $200.0K $187.1M
YoY Change -97.78% -1699.15%
Cash From Investing Activities -$24.00M $170.2M
YoY Change 70.21% -649.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -276.7M -418.0M
YoY Change -10.1% 36.82%
NET CHANGE
Cash From Operating Activities 405.5M -262.5M
Cash From Investing Activities -24.00M 170.2M
Cash From Financing Activities -276.7M -418.0M
Net Change In Cash 104.8M -510.3M
YoY Change -37.4% -4.06%
FREE CASH FLOW
Cash From Operating Activities $405.5M -$262.5M
Capital Expenditures $24.20M $16.90M
Free Cash Flow $381.3M -$279.4M
YoY Change -25.59% 58.66%

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Files In Submission

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