IPSOS (FRANCE) : revenue, balance sheet and financial ratios

IPSOS (FRANCE) is a French company founded 32 years ago, specialized in the sector Études de marché et sondages. Based in PARIS (75013), this company of category ETI shows in 2024 a revenue of 132.6 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - IPSOS (FRANCE) (SIREN 392901856)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 132 634 978 € 132 496 129 € 123 376 209 € 116 754 576 € 101 685 998 € 107 894 019 € 103 423 099 € 108 018 346 € 113 362 339 €
Net income 2 721 858 € 5 035 356 € 3 465 074 € 1 792 398 € -652 993 € -1 609 496 € 2 891 388 € 3 005 723 € 2 037 879 €
EBITDA 5 681 503 € 9 794 528 € 7 558 565 € 4 521 677 € 4 379 709 € -223 024 € 5 205 803 € 7 052 038 € 5 031 671 €
Net margin 2.1% 3.8% 2.8% 1.5% -0.6% -1.5% 2.8% 2.8% 1.8%

Revenue and income statement

In 2024, IPSOS (FRANCE) achieves revenue of 132.6 M€. Revenue is growing positively over 9 years (CAGR: +2.0%). Vs 2023: +0%. After deducting consumption (0 €), gross margin stands at 132.6 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5.7 M€, representing 4.3% of revenue. Warning negative scissor effect: despite revenue change (+0%), EBITDA varies by -42%, reducing margin by 3.1 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2.7 M€, i.e. 2.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

132 634 978 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

132 634 978 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

5 681 503 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

2 998 525 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

2 721 858 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

4.3%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 50%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 1.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.001%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

50.337%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

1.67%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.0

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

38.7%

Solvency indicators evolution
IPSOS (FRANCE)

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.0
Med: 2.02
Q3: 34.22
Excellent

In 2024, the debt ratio of IPSOS (FRANCE) (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
50.34% 2024
2022
2023
2024
Q1: 12.11%
Med: 39.42%
Q3: 65.91%
Good

In 2024, the financial autonomy of IPSOS (FRANCE) (50.3%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.41 years
Excellent

In 2024, the repayment capacity of IPSOS (FRANCE) (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 112.03. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 15.6x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

112.031

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

15.608

Liquidity indicators evolution
IPSOS (FRANCE)

Sector positioning

Liquidity ratio
112.03 2024
2022
2023
2024
Q1: 138.9
Med: 219.42
Q3: 420.98
Watch

In 2024, the liquidity ratio of IPSOS (FRANCE) (112.03) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
15.61x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 3.73x
Excellent

In 2024, the interest coverage of IPSOS (FRANCE) (15.6x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 91 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 105 days. Favorable situation: supplier credit is longer than customer credit by 14 days. Overall, WCR represents 67 days of revenue, i.e. 24.6 M€ to permanently finance.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

24 570 630 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

91 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

105 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

67 j

WCR and payment terms evolution
IPSOS (FRANCE)

Positioning of IPSOS (FRANCE) in its sector

Comparison with sector Études de marché et sondages

Valuation estimate

Based on 107 transactions of similar company sales (all years), the value of IPSOS (FRANCE) is estimated at 17 853 015 € (range 6 876 667€ - 36 374 596€). With an EBITDA of 5 681 503€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.23x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2024
107 transactions
6876k€ 17853k€ 36374k€
17 853 015 € Range: 6 876 667€ - 36 374 596€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
5 681 503 € × 2.6x
Estimation 14 707 489 €
5 373 494€ - 33 692 410€
Revenue Multiple 30%
132 634 978 € × 0.23x
Estimation 29 966 980 €
12 338 892€ - 52 117 110€
Net Income Multiple 20%
2 721 858 € × 2.8x
Estimation 7 545 883 €
2 441 265€ - 19 466 293€
How is this estimate calculated?

This estimate is based on the analysis of 107 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Études de marché et sondages)

Compare IPSOS (FRANCE) with other companies in the same sector:

Frequently asked questions about IPSOS (FRANCE)

What is the revenue of IPSOS (FRANCE) ?

The revenue of IPSOS (FRANCE) in 2024 is 132.6 M€.

Is IPSOS (FRANCE) profitable?

Yes, IPSOS (FRANCE) generated a net profit of 2.7 M€ in 2024.

Where is the headquarters of IPSOS (FRANCE) ?

The headquarters of IPSOS (FRANCE) is located in PARIS (75013), in the department Paris.

Where to find the tax return of IPSOS (FRANCE) ?

The tax return of IPSOS (FRANCE) is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does IPSOS (FRANCE) operate?

IPSOS (FRANCE) operates in the sector Études de marché et sondages (NAF code 73.20Z). See the 'Sector positioning' section above to compare the company with its competitors.