Ipsos Past Earnings Performance
Past criteria checks 2/6
Ipsos has been growing earnings at an average annual rate of 2.9%, while the Media industry saw earnings growing at 4.3% annually. Revenues have been growing at an average rate of 4.8% per year. Ipsos's return on equity is 12%, and it has net margins of 7.4%.
Key information
2.87%
Earnings growth rate
3.58%
EPS growth rate
| Media Industry Growth | 8.43% |
| Revenue growth rate | 4.80% |
| Return on equity | 12.02% |
| Net Margin | 7.39% |
| Next Earnings Update | 22 Jul 2026 |
Recent past performance updates
Recent updates
Narrative Update • Apr 30
IPS: Measured Outlook Will Balance Cautious Earnings With Ongoing Capital Returns
Narrative Update on Ipsos Analysts have reduced their Ipsos price target by €1 to €72, citing updated assumptions regarding discount rates, revenue growth, profit margins and future P/E expectations. Analyst Commentary Recent research has pointed to slightly more cautious expectations around Ipsos, with the latest move being a reduction in the price target to €72 from €73.Narrative Update • Apr 14
IPS: 2025 Guidance And Capital Returns Will Balance Earnings Caution
Analysts have trimmed their price target for Ipsos slightly, with the latest update moving from €73 to €72 as they refresh their models and assumptions around growth, profitability and valuation multiples. Analyst Commentary Bearish analysts trimming the price target to €72 signals a bit more caution around how Ipsos might balance growth, margins and valuation.Narrative Update • Mar 31
IPS: 2025 Guidance And Capital Returns Will Shape Earnings Expectations
Analysts have inched their price target for Ipsos lower to €72 from €73, reflecting updated views on the group’s earnings profile and valuation multiples while generally maintaining a constructive stance on the shares. Analyst Commentary Recent research reflects a slightly more cautious stance, with the price target adjusted to €72 from €73.Narrative Update • Mar 17
IPS: Outlook Will Rely On 2025 Guidance And Capital Return Plans
Analysts trimmed their Ipsos price target by €1 to €72, citing slightly revised assumptions for revenue growth and the discount rate, partly offset by a marginal improvement in projected profit margins and future P/E. Analyst Commentary Bearish analysts trimming the price target to €72 from €73 signals a slightly more cautious stance on Ipsos, even if the absolute change looks modest.Narrative Update • Mar 03
IPS: Stable Outlook Will Depend On 2025 Guidance And Dividend Policy
Analysts have kept their Ipsos price target steady at €36.70, citing slightly lower assumed revenue growth and profit margins, partly offset by a modest adjustment in the discount rate and future P/E expectations. What's in the News Ipsos SA plans to ask shareholders at the General Meeting on 20 May 2026 to approve a dividend of €2.00 per share, described as up more than 8%, with a payout ratio of 36% of adjusted diluted net earnings per share, with the dividend scheduled to be detached on 1 July 2026 (Key Developments).Narrative Update • Feb 17
IPS: Stable Outlook Will Rely On 2025 Guidance And CFO Transition
Analysts have maintained their Ipsos fair value estimate at €36.70, making only marginal adjustments to their underlying assumptions on discount rate, revenue growth, profit margin and future P/E that together result in an unchanged price target. What's in the News Ipsos confirmed its 2025 earnings guidance, targeting total revenue of around €2,525m, with organic growth of 0.6% for the year (Key Developments).Narrative Update • Feb 02
IPS: Fair Outlook Will Balance CFO Transition And Expanded Global Survey Program
Analysts have nudged their price target for Ipsos slightly higher to €36.70 from €36.50, citing small adjustments in their fair value model, discount rate, revenue growth assumptions, profit margin outlook and expected future P/E multiple. What's in the News Ipsos confirmed its 2025 earnings guidance, with total revenue expected to be around €2,525m and organic growth of 0.6% for the year (Corporate Guidance).Analysis Article • Jan 20
Ipsos (EPA:IPS) Shareholders Will Want The ROCE Trajectory To Continue
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...Narrative Update • Jan 19
IPS: Fair Outlook Will Balance CFO Transition And Influential Survey Expansion
Analysts have maintained their fair value estimate for Ipsos at €36.50. Only small adjustments have been made to assumptions on the discount rate, revenue growth, profit margin and future P/E, resulting in an unchanged price target.Narrative Update • Jan 05
IPS: Fair Outlook Will Balance CFO Transition And Influential Survey Expansion
Analysts have cut their price target on Ipsos from €43.00 to €36.50, citing updated assumptions on the discount rate, revenue growth, profit margin, and a lower future P/E multiple. What's in the News Olivier Champourlier, currently Head of Group Controlling at Ipsos, has been appointed Interim Chief Financial Officer, effective 9 December 2025, as the company begins a selection process for a new Group CFO (Key Developments).
Narrative Update • Dec 20
IPS: Expanded Influentials Survey Reach Will Drive Long Term Margin Upside
Analysts have nudged their price target on Ipsos slightly higher to align with a more optimistic long term profit margin outlook and modestly stronger valuation multiples, even though assumptions for growth and discount rates were only fractionally adjusted. What's in the News Olivier Champourlier, currently Head of Group Controlling, has been appointed Interim Chief Financial Officer effective December 9, 2025, as current Group CFO Dan Lévy prepares to step down and pursue opportunities outside Ipsos.Narrative Update • Dec 06
IPS: Expanding Global Influentials Reach Will Drive Strong Momentum Ahead
Narrative Update on Ipsos Analysts have maintained their price target for Ipsos at approximately €57.61. This reflects largely unchanged views on the company’s fair value, as only minor adjustments to the discount rate and valuation inputs were made.Narrative Update • Nov 21
IPS: Expanding Global Survey Coverage Will Support Strong Momentum Ahead
Analysts have maintained their price target for Ipsos at €57.61, citing stable financial projections and unchanged estimates for long-term growth and profitability. What's in the News Ipsos launched the 2025 Ipsos Global Influentials (IGI) survey, a large-scale study tracking cross-media consumption and brand preferences among top income earners and company leaders.Narrative Update • Nov 07
IPS: New CEO Appointment Will Drive Momentum In Period Ahead
Analysts have lowered their price target for Ipsos from $59 to $57.61. They cite slightly reduced revenue growth projections and a modest softening in profit margin expectations.Narrative Update • Oct 24
Leadership Transition And New Partnerships Will Shape Future Customer Experience Success
Analysts have lowered their price target for Ipsos from €61.89 to €59.00, citing a modest reduction in projected revenue growth and a slightly higher discount rate as key factors in the updated valuation. What's in the News Ipsos will host an Analyst/Investor Day event.Analysis Article • Oct 07
When Should You Buy Ipsos SA (EPA:IPS)?
While Ipsos SA ( EPA:IPS ) might not have the largest market cap around , it saw significant share price movement...Analysis Article • Sep 13
Ipsos SA's (EPA:IPS) Subdued P/E Might Signal An Opportunity
Ipsos SA's ( EPA:IPS ) price-to-earnings (or "P/E") ratio of 8.8x might make it look like a buy right now compared to...Analysis Article • Jul 27
Ipsos SA (EPA:IPS) Just Reported Half-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Last week saw the newest interim earnings release from Ipsos SA ( EPA:IPS ), an important milestone in the company's...Analysis Article • Jun 13
Ipsos (EPA:IPS) Has Announced That It Will Be Increasing Its Dividend To €1.85
Ipsos SA ( EPA:IPS ) has announced that it will be increasing its dividend from last year's comparable payment on the...Analysis Article • Jun 12
Investors Will Want Ipsos' (EPA:IPS) Growth In ROCE To Persist
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Analysis Article • Apr 18
Ipsos (EPA:IPS) Has Announced That It Will Be Increasing Its Dividend To €1.85
Ipsos SA's ( EPA:IPS ) dividend will be increasing from last year's payment of the same period to €1.85 on 3rd of July...Analysis Article • Mar 20
Ipsos (EPA:IPS) Has A Rock Solid Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
New Narrative • Feb 06
Digital Platform Expansion And Emerging Markets Will Drive Future Opportunities
Strong growth in Ipsos.Digital and strategic acquisitions aim to enhance profitability and expand market presence, positively impacting future earnings.Analysis Article • Jan 30
Ipsos SA's (EPA:IPS) Shares Lagging The Market But So Is The Business
When close to half the companies in France have price-to-earnings ratios (or "P/E's") above 15x, you may consider Ipsos...Analysis Article • Dec 27
Is It Time To Consider Buying Ipsos SA (EPA:IPS)?
Ipsos SA ( EPA:IPS ), might not be a large cap stock, but it received a lot of attention from a substantial price...Analysis Article • Dec 03
Does Ipsos (EPA:IPS) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Nov 08
Returns Are Gaining Momentum At Ipsos (EPA:IPS)
There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...Analysis Article • Oct 12
Ipsos SA's (EPA:IPS) Shares May Have Run Too Fast Too Soon
There wouldn't be many who think Ipsos SA's ( EPA:IPS ) price-to-earnings (or "P/E") ratio of 13.1x is worth a mention...Analysis Article • Jul 27
Ipsos SA (EPA:IPS) Just Released Its Interim Results And Analysts Are Updating Their Estimates
Last week, you might have seen that Ipsos SA ( EPA:IPS ) released its interim result to the market. The early response...Analysis Article • Jul 17
There's Been No Shortage Of Growth Recently For Ipsos' (EPA:IPS) Returns On Capital
There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...Analysis Article • Jun 19
Ipsos (EPA:IPS) Is Increasing Its Dividend To €1.65
Ipsos SA ( EPA:IPS ) will increase its dividend from last year's comparable payment on the 3rd of July to €1.65. Even...Analysis Article • Jun 04
Ipsos (EPA:IPS) Is Increasing Its Dividend To €1.65
Ipsos SA's ( EPA:IPS ) dividend will be increasing from last year's payment of the same period to €1.65 on 3rd of July...Analysis Article • May 21
Ipsos (EPA:IPS) Is Increasing Its Dividend To €1.65
The board of Ipsos SA ( EPA:IPS ) has announced that it will be paying its dividend of €1.65 on the 3rd of July, an...Analysis Article • May 11
These 4 Measures Indicate That Ipsos (EPA:IPS) Is Using Debt Reasonably Well
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Apr 26
Ipsos (EPA:IPS) Is Paying Out A Larger Dividend Than Last Year
Ipsos SA ( EPA:IPS ) has announced that it will be increasing its dividend from last year's comparable payment on the...Analysis Article • Apr 22
Some Investors May Be Willing To Look Past Ipsos' (EPA:IPS) Soft Earnings
The most recent earnings report from Ipsos SA ( EPA:IPS ) was disappointing for shareholders. While the headline...Analysis Article • Apr 08
Ipsos (EPA:IPS) Is Increasing Its Dividend To €1.65
The board of Ipsos SA ( EPA:IPS ) has announced that it will be paying its dividend of €1.65 on the 3rd of July, an...Analysis Article • Mar 12
There's Been No Shortage Of Growth Recently For Ipsos' (EPA:IPS) Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...Analysis Article • Jan 14
What Is Ipsos SA's (EPA:IPS) Share Price Doing?
While Ipsos SA ( EPA:IPS ) might not have the largest market cap around , it led the ENXTPA gainers with a relatively...Analysis Article • Dec 24
Is Ipsos (EPA:IPS) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • Oct 11
At €43.54, Is Ipsos SA (EPA:IPS) Worth Looking At Closely?
While Ipsos SA ( EPA:IPS ) might not be the most widely known stock at the moment, it received a lot of attention from...Analysis Article • Sep 16
Here's Why Ipsos (EPA:IPS) Can Manage Its Debt Responsibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Jun 21
Ipsos' (EPA:IPS) Dividend Will Be Increased To €1.35
Ipsos SA's ( EPA:IPS ) dividend will be increasing from last year's payment of the same period to €1.35 on 5th of July...Analysis Article • Jun 08
Does Ipsos (EPA:IPS) Have A Healthy Balance Sheet?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Analysis Article • May 19
Ipsos (EPA:IPS) Is Increasing Its Dividend To €1.35
Ipsos SA ( EPA:IPS ) has announced that it will be increasing its dividend from last year's comparable payment on the...Analysis Article • May 16
Should You Investigate Ipsos SA (EPA:IPS) At €47.76?
Ipsos SA ( EPA:IPS ), is not the largest company out there, but it received a lot of attention from a substantial price...Analysis Article • Apr 10
Ipsos' (EPA:IPS) Shareholders Will Receive A Bigger Dividend Than Last Year
Ipsos SA ( EPA:IPS ) has announced that it will be increasing its dividend from last year's comparable payment on the...Analysis Article • Apr 06
Does Ipsos (EPA:IPS) Deserve A Spot On Your Watchlist?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Mar 05
Ipsos (EPA:IPS) Has A Rock Solid Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Ipsos makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 25 | 2,525 | 187 | 1,385 | 0 |
| 30 Sep 25 | 2,491 | 183 | 1,375 | 0 |
| 30 Jun 25 | 2,457 | 180 | 1,365 | 0 |
| 31 Mar 25 | 2,449 | 192 | 1,351 | 0 |
| 31 Dec 24 | 2,441 | 205 | 1,338 | 0 |
| 30 Sep 24 | 2,441 | 193 | 1,322 | 0 |
| 30 Jun 24 | 2,441 | 181 | 1,305 | 0 |
| 31 Mar 24 | 2,416 | 171 | 1,293 | 0 |
| 31 Dec 23 | 2,390 | 160 | 1,280 | 0 |
| 30 Sep 23 | 2,380 | 173 | 1,286 | 0 |
| 30 Jun 23 | 2,371 | 186 | 1,292 | 0 |
| 31 Mar 23 | 2,388 | 201 | 1,281 | 0 |
| 31 Dec 22 | 2,405 | 215 | 1,271 | 0 |
| 30 Sep 22 | 2,340 | 206 | 1,222 | 0 |
| 30 Jun 22 | 2,275 | 197 | 1,173 | 0 |
| 31 Mar 22 | 2,211 | 191 | 1,132 | 0 |
| 31 Dec 21 | 2,147 | 184 | 1,092 | 0 |
| 30 Sep 21 | 2,096 | 182 | 1,062 | 0 |
| 30 Jun 21 | 2,045 | 180 | 1,032 | 0 |
| 31 Mar 21 | 1,941 | 145 | 1,019 | 0 |
| 31 Dec 20 | 1,837 | 109 | 1,007 | 0 |
| 30 Sep 20 | 1,862 | 98 | 1,033 | 0 |
| 30 Jun 20 | 1,886 | 87 | 1,059 | 0 |
| 31 Mar 20 | 1,945 | 96 | 1,074 | 0 |
| 31 Dec 19 | 2,003 | 105 | 1,089 | 0 |
| 30 Sep 19 | 1,935 | 103 | 1,064 | 0 |
| 30 Jun 19 | 1,867 | 102 | 1,039 | 0 |
| 31 Mar 19 | 1,808 | 105 | 1,004 | 0 |
| 31 Dec 18 | 1,749 | 108 | 970 | 0 |
| 30 Sep 18 | 1,741 | 120 | 956 | 0 |
| 30 Jun 18 | 1,733 | 132 | 942 | 0 |
| 31 Mar 18 | 1,757 | 130 | 955 | 0 |
| 31 Dec 17 | 1,780 | 129 | 968 | 0 |
| 30 Sep 17 | 1,782 | 111 | 975 | 0 |
| 30 Jun 17 | 1,783 | 93 | 982 | 0 |
| 31 Mar 17 | 1,783 | 100 | 982 | 0 |
| 31 Dec 16 | 1,783 | 107 | 982 | 0 |
| 30 Sep 16 | 1,784 | 111 | 978 | 0 |
| 30 Jun 16 | 1,786 | 115 | 973 | 0 |
| 31 Mar 16 | 1,786 | 104 | 973 | 0 |
| 31 Dec 15 | 1,785 | 93 | 972 | 0 |
| 30 Sep 15 | 1,766 | 93 | 959 | 0 |
| 30 Jun 15 | 1,746 | 92 | 945 | 0 |
Quality Earnings: IPS has high quality earnings.
Growing Profit Margin: IPS's current net profit margins (7.4%) are lower than last year (8.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IPS's earnings have grown by 2.9% per year over the past 5 years.
Accelerating Growth: IPS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IPS had negative earnings growth (-8.8%) over the past year, making it difficult to compare to the Media industry average (-4.7%).
Return on Equity
High ROE: IPS's Return on Equity (12%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/20 09:57 |
| End of Day Share Price | 2026/05/20 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Ipsos SA is covered by 23 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Grégoire Hermann | Berenberg |
| Anna Patrice | Berenberg |
| Marie-Line Fort | Bernstein |