Activity during the financial year
ACTIVITY DURING THE FINANCIAL YEAR
1. 2025 KEY FIGURES
The Group’s net revenue totaled euro 14,547 million in 2025, up by +4.2% on a reported basis. Organic growth was +5.6%.
The operating margin represented 18.2% of net revenue and was euro 2,648 million.
Headline Group net income stood at euro 1,896 million.
Underlying free cash flow, before change in working capital, was euro 2,032 million.
NET REVENUE AND ORGANIC GROWTH
In millions of euros
This bar chart presents the evolution of Publicis Groupe's net revenue and growth over three years:
- 2023: €13,099M — organic growth: +6.3%
- 2024: €13,965M — organic growth:+5.8%
- 2025: €14,547M — organic growth:+5.6%
OPERATING MARGIN(1)
In millions of euros
This chart presents the evolution of Publicis Groupe's Operating Margin(1) over three years:
In absolute value (€M):
- 2023: €2,363M
- 2024: €2,519M
- 2025: €2,648M
As a percentage of net revenue:
- 2023: 18.0%
- 2024: 18.0%
- 2025: 18.2%
NET INCOME
HEADLINE GROUPE(1)
In millions of euros
This line chart presents the evolution of Publicis Groupe's Net Income Headline Groupe (1) over three years:
- 2023: €1,767M
- 2024: €1,851M
- 2025: €1,896M
FREE CASH FLOW
BEFORE CHANGE IN WORKING CAPITAL REQUIREMENTS(1)
In millions of euros
This line chart presents the evolution of Publicis Groupe's Free Cash Flow before change in working capital requirements(1) over three years:
- 2023: €1,547M (2)
- 2024: €1,838M
- 2025: €2,032M
HEADLINE EARNINGS PER SHARE - DILUTED(2)
In euros
This chart presents the evolution of Publicis Groupe's Headline Earnings Per Share - Diluted (2) over three years:
- 2023: €6.96
- 2024: €7.30
- 2025: €7.48
DIVIDEND PER SHARE
In euros
This line chart presents the evolution of Publicis Groupe's Dividend Per Share over three years:
- 2023: €3.40
- 2024: €3.60
- 2025: €3.75 (3)
PAYOUT RATIO
In euros
This chart presents the evolution of Publicis Groupe's Payout Ratio over three years, illustrated by three circular gauges:
- 2023: 48.9%
- 2024: 49.3%
- 2025: 50.1%