Omnicom

Omnicom is a global marketing and advertising holding company. It owns agency networks for media buying, creative advertising, health marketing, public relations, branding and events, such as OMD, PHD, BBDO, McCann and TBWA. Omnicom bought The Interpublic Group (IPG) on November 26, 2025, and became the largest company in its industry. Clients pay fees and commissions for strategy, creative work, media planning and buying, data and commerce services.

Integrated Media is the largest discipline, at 53.0% of Core Operations revenue in Q3 2026. The United States gave 60.2% of that revenue. Omni, its data and technology platform, includes Acxiom and Flywheel and supports all of its agencies.

The market fears that AI will shrink the work that clients pay agencies to do. AI tools can make ads, and large platforms can plan and buy media with automation, so investors expect lower fees and fewer staff hours to bill. The large IPG purchase adds a second question: can Omnicom combine two large companies without the loss of clients and key people? Omnicom also used debt and cash to buy back shares, so net debt was $6.2 billion on September 30, 2026, up $4.0 billion since the end of 2025.

For the gap to close, three things must be true. Organic growth in Core Operations must stay positive after the 7.2% of Q3 2026, when FIFA World Cup spending helped, according to press reports. Cost synergies must reach the $900 million planned for 2026 and the $1.3 billion planned for 2027, and the adjusted EBITA margin of Core Operations must stay near the 18.2% of Q3 2026. Omnicom must also win more new business than it loses, as its media group did in the first half of 2026, although PepsiCo moved its global media account to Publicis in September 2026.

The Q4 2026 report, expected in early 2027, shows the full-year synergies and gives the next test, and the $5 billion buyback should end by April 2027. Because the AI fear has no single date to resolve it, the gap can close only slowly over the next two to three years of steady growth.

1. Oct 22, 2026Passed

   Q3 2026 results: organic growth and synergiesPositive organic growth in Core Operations and a higher adjusted EBITA margin than a year earlier pass; a fall in organic revenue fails.Outcome: Organic growth in Core Operations was 7.2%, and the adjusted EBITA margin rose to 18.2% from 16.2%.
2. Jan 22, 2027 · est.Pending

   Q4 2026 results: full-year synergiesCost synergies near the $900 million plan for 2026 and positive organic growth for the full year pass; synergies well below plan or lower organic revenue fails.
3. Apr 2027 · est.Pending

   End of the $5 billion share buybackCompletion of the buyback by April 2027 while net debt stays near the mid-2026 level passes; a stop to the buyback or a large rise in debt fails.

Every passed and failed checkpoint across all picks

• October 22, 2026Omnicom reported Q3 2026 results. Revenue was $6.4 billion. Core Operations revenue grew 7.2% organically to $6.0 billion, and its adjusted EBITA margin rose to 18.2% from 16.2%, mainly from cost synergies. Diluted EPS was $2.38, and adjusted diluted EPS rose 22% to $2.73. Omnicom said that it is on track for $900 million of cost synergies in 2026, and it had bought back $3.2 billion of shares in 2026. According to press reports of the call, Omnicom expects about 5% organic growth in Core Operations for 2026, FIFA World Cup spending helped the quarter, and the company still plans to finish the $5 billion buyback by April 2027.
• October 6, 2026Omnicom said that Andrew Castellaneta retired as Chief Accounting Officer on October 1, 2026. The board named Jordan Farnam, who joined Omnicom in January 2024, as Chief Accounting Officer. Omnicom said that the change was not the result of a disagreement.
• September 21, 2026Omnicom said that its media group won $3.3 billion in new billings in the first half of 2026, the most of the five global media groups, according to the research firm COMvergence. Wins included Adidas, Bloomberg, IBM and Royal Caribbean.

Last earnings

October 22, 2026 (8-K on sec.gov)

Next earnings

Expected about January 22, 2027. The company has not confirmed the date.

• 10-QQuarterly report for the period ended Sep 30, 2026Filed October 23, 2026 · omc-20260930
• 8-KEarnings release and Investor disclosureFiled October 22, 2026 · Press release and exhibits
• 8-KChange of directors or officersFiled October 6, 2026 · Read it on sec.gov
• 10-QQuarterly report for the period ended Jun 30, 2026Filed July 29, 2026 · omc-20260630
• 8-KEarnings release and Investor disclosureFiled July 28, 2026 · Press release and exhibits
• 8-KShareholder vote resultsFiled May 8, 2026 · Read it on sec.gov
• 10-QQuarterly report for the period ended Mar 31, 2026Filed April 29, 2026 · omc-20260331
• 8-KEarnings release and Investor disclosureFiled April 28, 2026 · Press release and exhibits
• 8-KInvestor disclosureFiled March 12, 2026 · Read it on sec.gov
• 8-KNew material agreement and New debt or financial obligationFiled March 2, 2026 · Read it on sec.gov

Every filing on SEC EDGAR (CIK 29989)

• AI tools can make ads and plan media at a lower cost, and large platforms offer automated media buying to advertisers. If clients do more of this work themselves, agency fees and staff hours can fall.
• Omnicom must still combine the people, systems and offices of IPG, bought in November 2025. Its plan has $1.5 billion of cost synergies by 2028, mostly from fewer staff. A loss of key people or large clients during this work can reduce revenue. PepsiCo moved its global media account to Publicis in September 2026.
• Clients cut marketing budgets first when the economy slows. Pharma and health, food and beverage, and auto clients gave 42% of revenue in Q3 2026, and tariffs or a weaker consumer can reduce their spending.
• Omnicom used cash and new debt to buy back shares, and net debt was $6.2 billion on September 30, 2026, up $4.0 billion since the end of 2025. Lower profits would make this debt harder to reduce.

Omnicom funds itself with unsecured senior notes in US dollars, euros and pounds, including notes that it took over from IPG. At September 30, 2026, gross debt was $10,243.1 million, of which $60.5 million was short-term bank debt. Read more

Yield at the current rate

3.6% (current annual rate, at today’s price)

Dividend yield

3.6% (last 12 months, at today’s price of $88.88)

Paid per share

$3.20 in the last 12 months (4 payments)

Current annual rate

$3.20 ($0.80 × 4 a year)

Latest ex-dividend date

September 18, 2026, $0.80 per share

Dividends per share by year

From 2020 to 2025, the dividend grew by about 2.2% a year. From 2015 to 2025, the dividend grew by about 3.8% a year.

Source: company filings and market data, read on November 13, 2026. The ex-dividend date is the first day a buyer no longer gets the next payment.