NYSE$OMC

Omnicom Group Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Omnicom reported strong Q3 2024 results driven by organic revenue growth and strategic investments.

Omnicom reported a strong third quarter in 2024, with revenue reaching $3.9 billion and organic growth of 6.5%. Net income was $385.9 million, and diluted earnings per share were $1.95. The company benefited from new business wins and strategic investments in talent and technology.

  • Revenue reached $3.9 billion with 6.5% organic growth.
  • Net income was reported at $385.9 million.
  • Diluted earnings per share (EPS) were $1.95, with non-GAAP adjusted EPS at $2.03.
  • Operating income amounted to $600.1 million with an EBITA of $622.3 million.

Headline financials

Total Revenue

$3.88B

Previous: $3.58B+8.5%
EPS

$1.95

Previous: $1.86+4.8%
Operating Margin

15.5%

No prior period
Effective Income Tax Rate

26.8%

No prior period
Ebita Margin

16.0%

Previous: 16.2%-1.2%
Adjusted Ebita Margin

16.0%

No prior period
Capital Expenditures

-$93.6M

Previous: -$64.2M-45.8%
Free Cash Flow

$292M

Previous: $308M-5.0%
Net Income

$386M

Previous: $372M+3.8%
Operating Income

$600M

Previous: $561M+7.0%
Gross Profit

$761M

Previous: $703M+8.3%
Total Assets

$28.8B

Previous: $25B+15.1%
Stock-Based Comp

$24.4M

Previous: $22.5M+8.4%

Revenue & EPS history

Omnicom · Revenue · Quarterly

$3.88B

Q3 2024+8.5%vs Q3 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Omnicom · $1.22B total across 4 segments · Q4 2021

  • Public Relations
    $369M
  • Healthcare
    $330M
  • Precision Marketing
    $322M
  • Experiential
    $201M

Forward guidance

Omnicom anticipates finishing the year with strong momentum, driven by exceptional new business wins and exciting new client work.

Tailwinds

  • Strong organic revenue growth.
  • Improved cash flow.
  • Disciplined capital allocation.
  • Exceptional new business wins.
  • Exciting new work for clients.

Headwinds

  • Current global economic disruptions.
  • Geopolitical events and international hostilities.
  • High and sustained inflation in major markets.
  • High interest rates.
  • Labor and supply chain issues.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+0.3%

Avg return

Earnings day

-0.6%

Avg return

5 days after

-0.5%

Avg return

30 days after

55%

40 / 73 earnings

Positive

+16.4%

Q4 2021

Best reaction

-10.6%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.3%-0.8%-5.5%
Q4 2025+10.8%+17.5%+7.0%
Q3 2025+3.1%+0.6%-4.9%
Q2 2025+1.2%+3.0%+2.4%
Q1 2025-7.3%-6.2%+0.2%
Q4 2024-2.3%-5.0%-2.2%
Q3 2024+2.2%+1.2%+1.7%
Q2 2024-2.4%-2.9%+2.6%
Q1 2024+2.1%+2.3%+6.7%
Q4 2023-2.8%-4.7%+4.4%
Q3 2023-0.9%-2.7%+1.2%
Q2 2023-10.6%-14.7%-19.9%
Q1 2023-3.7%-1.9%-1.6%
Q4 2022+2.0%+0.1%-3.4%
Q3 2022+1.3%+3.9%+12.9%
Q2 2022+7.0%+5.3%+11.8%
Q1 2022+7.4%+0.5%-4.7%
Q4 2021+16.4%+9.5%-0.6%
Q3 2021-2.2%-7.1%-11.4%
Q2 2021-3.5%-5.3%-6.9%
Q1 2021+1.6%+2.4%+4.2%
Q4 2020+0.8%+5.4%+13.9%
Q3 2020-10.1%-7.9%+25.2%
Q2 2020-5.2%-5.8%-3.6%
Q1 2020+12.9%+2.9%+1.5%
Q4 2019+2.4%+1.5%-26.6%
Q3 2019+0.5%+0.3%+4.5%
Q2 2019-3.2%-4.4%-8.2%
Q1 2019+9.0%+7.0%+2.8%
Q4 2018-0.5%+1.5%+2.4%
Q3 2018+8.9%+10.9%+10.4%
Q2 2018-9.6%-12.7%-11.2%
Q1 2018+1.0%-0.4%+0.4%
Q4 2017-4.9%-5.3%-10.6%
Q3 2017+2.1%-0.3%-8.8%
Q2 2017+2.5%-1.5%-4.9%
Q1 2017-3.0%-3.4%-4.4%
Q4 2016-2.8%-2.4%-2.7%
Q3 2016-3.0%-3.7%+5.4%
Q2 2016-2.6%-1.9%-0.8%
Q1 2016-2.2%
Q4 2015+5.4%
Q3 2015+0.8%
Q2 2015-0.5%
Q1 2015-0.0%
Q4 2014-0.2%
Q3 2014-0.5%
Q2 2014+1.3%
Q1 2014-3.8%
Q4 2013-1.8%
Q3 2013+1.0%
Q2 2013-2.1%
Q1 2013-2.1%
Q4 2012+2.4%
Q3 2012-4.9%
Q2 2012+2.3%
Q1 2012+0.5%
Q4 2011+1.3%
Q3 2011+1.8%
Q2 2011+1.0%
Q1 2011+0.6%
Q4 2010+3.7%
Q3 2010+1.3%
Q2 2010-1.3%
Q1 2009+0.3%
Q1 2010-2.6%
Q4 2007+0.5%
Q4 2009+0.5%
Q3 2009-1.3%
Q3 2008-1.3%
Q2 2009+3.2%
Q4 2008+3.2%
Q2 2008+3.2%

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