GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Omnicom Group Inc (NYSE:OMC) » Definitions » Goodwill

OMC (Omnicom Group) Goodwill : $10,677 Mil (As of Dec. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Omnicom Group Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Omnicom Group's goodwill for the quarter that ended in Dec. 2024 was $10,677 Mil.


Omnicom Group Goodwill Historical Data

The historical data trend for Omnicom Group's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Omnicom Group Goodwill Chart

Omnicom Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,609.70 9,738.60 9,734.30 10,082.30 10,677.40

Omnicom Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,082.30 10,693.80 10,646.50 10,928.00 10,677.40

Omnicom Group Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Omnicom Group  (NYSE:OMC) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Omnicom Group's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Goodwill-to-Asset (A: Dec. 2024 )=Goodwill/Total Assets
=10677.4/29620.7
=0.36

Omnicom Group's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill-to-Asset (Q: Dec. 2024 )=Goodwill/Total Assets
=10677.4/29620.7
=0.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Omnicom Group Goodwill Related Terms

Thank you for viewing the detailed overview of Omnicom Group's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


Omnicom Group Business Description

Traded in Other Exchanges
Address
280 Park Avenue, New York, NY, USA, 10017
Omnicom is a holding company that owns several advertising agencies and related firms. It provides traditional and digital advertising services that include creative design, market research, data analytics, and ad placement. In addition, Omnicom provides outsourced public relations and other communications services. The firm operates globally, providing services in more than 70 countries; it generates more than half of its revenue in North America and nearly 30% in Europe. The firm announced plans to merge with Interpublic Group in December 2024, pending regulatory approval.
Executives
Andrew Castellaneta officer: SVP, Chief Accounting Officer C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Rochelle M. Tarlowe officer: Senior VP and Treasurer C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Linda Johnson Rice director
Mark D Gerstein director C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
Jonathan B. Nelson officer: CEO, Omnicom Digital C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
John Wren director, officer: President and CEO
Louis F Januzzi officer: Senior VP, Gen. Counsel & Sec. C/O OMNICOMGROUP, 280 PARK AVENUE, NEW YORK NY 10017
Michael J Obrien officer: Senior VP, Gen. Counsel & Sec. C/O OMNICOM GROUP INC, 437 MADISON AVE, NEW YORK NY 10022
Patricia Salas Pineda director C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Coleman Leonard S Jr director C/O ELECTRONIC ARTS INC., 209 REDWOOD SHORES PARKWAY, REDWOOD CITY, CA 94065
Dennis E. Hewitt officer: Treasurer 437 MADISON AVENUE, NEW YORK NY 10022
Ronnie S. Hawkins director C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Peter K. Sherman officer: Executive Vice President C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Gracia C Martore director C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Bruce Crawford director, officer: Chairman