Ziff Davis (ZD) Financials

$32.73 -0.11 (-0.33%)

As of 04:00 PM Eastern

Annual Income Statements for Ziff Davis

This table shows Ziff Davis' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Net Income / (Loss) Attributable to Common Shareholders	63	42	64	497	151	219	129	139	152	134	124
Consolidated Net Income / (Loss)	63	42	64	497	151	219	129	139	152	134	125
Net Income / (Loss) Continuing Operations	63	42	65	401	29	41	129	139	152	134	125
Total Pre-Tax Income	93	75	131	351	78	55	178	200	211	157	155
Total Operating Income	114	133	199	167	138	88	244	246	243	199	186
Total Gross Profit	1,201	1,178	1,206	1,229	980	863	1,006	946	727	598	493
Total Revenue	1,402	1,364	1,391	1,417	1,159	1,050	1,207	1,118	874	721	599
Operating Revenue	1,402	1,364	1,391	1,417	1,159	1,050	1,207	1,118	874	721	599
Total Cost of Revenue	200	186	185	188	178	187	201	172	147	123	106
Operating Cost of Revenue	200	186	185	188	178	187	201	172	147	123	106
Total Operating Expenses	1,088	1,046	1,008	1,061	842	775	762	700	485	398	307
Selling, General & Admin Expense	203	196	182	457	419	403	375	324	240	205	134
Marketing Expense	520	487	491	493	366	328	338	330	207	159	142
Research & Development Expense	67	69	74	79	57	45	48	46	38	34	31
Depreciation Expense	212	237	233	-	-	-	-	-	-	-	-
Impairment Charge	85	57	27	33	0.00	0.00	-	-	-	-	-
Total Other Income / (Expense), net	-20	-58	-68	184	-60	-33	-67	-46	-31	-42	-31
Interest Expense	0.00	0.00	-12	77	56	27	62	68	41	42	31
Interest & Investment Income	-22	-48	-88	-17	-21	-4.21	-0.07	-	-	-	-
Other Income / (Expense), net	1.19	-9.47	8.44	278	17	-2.31	-4.63	22	10	-0.01	0.17
Income Tax Expense	41	24	58	-14	38	14	45	61	59	23	30
Other Gains / (Losses), net	11	-9.33	-7.73	36	-11	-0.17	-4.14	0.00	0.00	-	-
Net Income / (Loss) Discontinued Operations	0.00	0.00	-1.71	95	122	178	-	-	-	-	-
Basic Earnings per Share	$1.42	$0.89	$1.36	$10.81	$3.24	$4.52	$2.64	$2.89	$3.15	$2.76	$2.60
Weighted Average Basic Shares Outstanding	44.46M	46.40M	46.95M	45.89M	46.31M	47.65M	47.95M	47.59M	47.67M	47.63M	46.78M
Diluted Earnings per Share	$1.42	$0.89	$1.36	$10.37	$3.18	$4.39	$2.59	$2.83	$3.13	$2.73	$2.58
Weighted Average Diluted Shares Outstanding	44.52M	46.46M	47.03M	47.86M	47.12M	49.03M	48.93M	48.67M	47.96M	48.09M	47.11M
Weighted Average Basic & Diluted Shares Outstanding	42.85M	46.07M	47.26M	47.27M	45.17M	48.71M	48.70M	48.20M	48.40M	48.40M	47.80M

This table shows Ziff Davis' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	64	-49	37	11	63	-31	17	-7.63	67	18
Consolidated Net Income / (Loss)	64	-49	37	11	63	-31	17	-7.63	67	18
Net Income / (Loss) Continuing Operations	64	-49	37	11	63	-31	17	-7.63	69	18
Total Pre-Tax Income	75	-36	35	20	76	-26	24	0.94	92	39
Total Operating Income	79	-29	29	36	81	-13	39	26	93	29
Total Gross Profit	365	300	268	267	353	285	279	261	357	289
Total Revenue	413	354	321	314	390	341	326	307	397	342
Operating Revenue	413	354	321	314	390	341	326	307	397	342
Total Cost of Revenue	47	53	53	47	37	56	47	46	40	53
Operating Cost of Revenue	47	53	53	47	37	56	47	46	40	53
Total Operating Expenses	287	330	240	232	272	299	240	235	263	260
Selling, General & Admin Expense	-93	102	98	97	-107	99	102	101	-118	96
Marketing Expense	151	127	125	117	126	125	120	116	130	119
Research & Development Expense	18	15	17	18	16	18	18	18	18	18
Total Other Income / (Expense), net	-3.95	-6.66	6.51	-16	-4.67	-12	-15	-25	-1.90	10
Interest & Investment Income	-16	-4.02	-1.80	0.00	-29	-8.84	-10	0.36	-40	0.47
Other Income / (Expense), net	10	-2.63	8.32	-15	20	-3.57	-4.70	-21	9.64	8.42
Income Tax Expense	14	13	6.99	8.23	13	5.34	6.46	-0.62	25	18
Other Gains / (Losses), net	3.13	-0.08	8.82	-0.65	0.34	0.09	-0.57	-9.18	2.35	-3.19
Basic Earnings per Share	$1.49	($1.11)	$0.81	$0.23	$1.37	($0.67)	$0.36	($0.16)	$1.44	$0.39
Weighted Average Basic Shares Outstanding	44.46M	43.92M	45.49M	45.86M	46.40M	46.06M	46.80M	46.99M	46.95M	46.87M
Diluted Earnings per Share	$1.53	($1.11)	$0.77	$0.23	$1.37	($0.67)	$0.36	($0.16)	$1.44	$0.39
Weighted Average Diluted Shares Outstanding	44.52M	43.92M	50.67M	45.96M	46.46M	46.06M	46.80M	46.99M	47.03M	46.87M
Weighted Average Basic & Diluted Shares Outstanding	42.85M	42.74M	44.74M	46.13M	46.07M	45.98M	46.48M	47.28M	47.26M	47.19M

This table details how cash moves in and out of Ziff Davis' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Net Change in Cash & Equivalents	-232	85	-42	452	-333	366	-141	227	-132	-178	226
Net Cash From Operating Activities	390	320	336	517	480	413	401	264	282	229	177
Net Cash From Continuing Operating Activities	390	320	336	517	480	413	401	264	282	229	177
Net Income / (Loss) Continuing Operations	63	42	64	497	151	219	129	139	152	134	125
Consolidated Net Income / (Loss)	63	42	64	497	151	219	129	139	152	134	125
Depreciation Expense	212	237	233	258	229	232	187	162	122	93	63
Non-Cash Adjustments To Reconcile Net Income	140	140	117	-214	117	63	56	16	19	18	8.01
Changes in Operating Assets and Liabilities, net	-25	-99	-78	-25	-45	-115	18	-65	-21	-25	-25
Net Cash From Investing Activities	-297	-127	-221	59	-586	-505	-407	-158	-449	-336	-275
Net Cash From Continuing Investing Activities	-297	-127	-221	59	-586	-505	-407	-158	-449	-336	-275
Purchase of Property, Plant & Equipment	-107	-109	-106	-114	-93	-71	-56	-40	-25	-17	-12
Acquisitions	-218	-21	-104	-164	-517	-445	-350	-177	-585	-304	-251
Purchase of Investments	0.00	0.00	-15	-1.00	-1.25	0.00	-0.50	-0.00	-81	-136	-139
Divestitures	7.86	0.00	0.00	308	25	0.00	0.00	58	0.00	0.00	-
Sale and/or Maturity of Investments	19	3.17	4.53	30	0.00	10	0.00	0.00	242	122	125
Other Investing Activities, net	-0.57	-0.50	-0.05	-	-	-	-	-	-	-	-
Net Cash From Financing Activities	-321	-115	-141	-113	-235	457	-131	112	41	-67	328
Net Cash From Continuing Financing Activities	-321	-115	-141	-113	-235	457	-131	112	41	-67	328
Repayment of Debt	-136	0.25	-168	-518	-689	-204	-1.75	-494	1.78	4.19	-13
Repurchase of Common Equity	-185	-109	-78	-78	-276	-21	-47	-9.85	-56	-3.67	-5.66
Issuance of Debt	0.00	0.00	112	485	750	735	0.00	695	179	0.00	403
Issuance of Common Equity	8.37	8.73	9.43	9.23	7.38	4.51	2.08	0.26	0.25	0.26	0.27
Other Financing Activities, net	-7.84	-15	-16	-11	-28	-14	-2.02	-6.53	-17	-9.31	-4.38
Effect of Exchange Rate Changes	-3.60	7.06	-17	-10	7.81	2.18	-4.82	9.24	-6.26	-4.13	-3.43

This table details how cash moves in and out of Ziff Davis' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	120	-301	-48	-2.83	77	-18	-42	69	31	-26
Net Cash From Operating Activities	158	106	51	76	92	73	40	115	43	101
Net Cash From Continuing Operating Activities	158	106	51	76	92	73	40	115	43	101
Net Income / (Loss) Continuing Operations	64	-49	37	11	63	-31	17	-7.63	67	18
Consolidated Net Income / (Loss)	64	-49	37	11	63	-31	17	-7.63	67	18
Depreciation Expense	60	51	52	48	70	56	57	55	59	56
Non-Cash Adjustments To Reconcile Net Income	10	99	3.79	27	11	71	17	41	0.66	26
Changes in Operating Assets and Liabilities, net	24	3.87	-42	-10	-51	-23	-51	27	-83	1.09
Net Cash From Investing Activities	-33	-181	-12	-71	-23	-39	-27	-39	-21	-39
Net Cash From Continuing Investing Activities	-33	-181	-12	-71	-23	-39	-27	-39	-21	-39
Purchase of Property, Plant & Equipment	-27	-26	-26	-28	-26	-27	-25	-30	-25	-27
Acquisitions	-6.04	-155	-12	-45	-0.07	-12	-1.49	-8.00	-	-12
Other Investing Activities, net	0.32	-0.76	-0.06	-0.07	3.65	-0.40	0.19	-3.95	-0.05	-
Net Cash From Financing Activities	2.10	-231	-85	-6.31	2.02	-52	-55	-9.48	1.00	-80
Net Cash From Continuing Financing Activities	2.10	-231	-85	-6.31	2.02	-52	-55	-9.48	1.00	-80
Repayment of Debt	-0.14	-135	-0.97	0.03	0.30	-0.07	-0.05	0.07	-0.07	-95
Repurchase of Common Equity	-1.20	-96	-84	-3.92	-1.19	-45	-60	-2.88	-1.75	-0.20
Issuance of Common Equity	3.85	-	-	-	4.00	0.00	-	-	4.20	-
Other Financing Activities, net	-0.40	-0.03	-5.00	-2.42	-1.10	-7.46	-	-6.68	-1.38	-7.64
Effect of Exchange Rate Changes	-7.69	5.70	-1.00	-0.60	5.52	0.34	-0.48	1.68	7.56	-8.40

This table presents Ziff Davis' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Total Assets	3,704	3,471	3,533	3,770	3,665	3,506	2,561	2,453	2,062	1,784	1,705
Total Current Assets	1,272	1,191	1,084	1,301	623	887	460	620	348	483	646
Cash & Equivalents	506	738	653	695	176	576	209	351	124	256	434
Short-Term Investments	0.00	27	58	229	0.66	0.00	-	-	-	80	96
Accounts Receivable	660	338	305	316	310	262	222	234	200	115	92
Prepaid Expenses	106	89	68	60	52	49	29	35	24	26	23
Plant, Property, & Equipment, net	197	188	178	161	132	128	99	80	68	57	38
Total Noncurrent Assets	2,235	2,092	2,080	2,308	2,911	2,491	2,002	1,753	1,646	1,243	727
Long-Term Investments	158	141	128	123	97	100	84	58	0.00	79	61
Goodwill	1,580	1,546	1,591	1,531	1,525	1,633	1,380	1,197	1,123	808	636
Intangible Assets	426	325	272	573	697	557	526	486	512	353	18
Noncurrent Deferred & Refundable Income Taxes	7.49	8.73	8.52	5.92	12	60	0.00	-	5.29	0.00	0.00
Other Noncurrent Operating Assets	63	71	80	76	96	141	11	13	6.45	4.61	13
Total Liabilities & Shareholders' Equity	3,704	3,471	3,533	3,770	3,665	3,506	2,561	2,453	2,062	1,784	1,705
Total Liabilities	1,893	1,578	1,641	1,803	2,454	2,195	1,525	1,433	1,148	894	885
Total Current Liabilities	900	432	432	497	883	833	307	265	454	197	159
Accounts Payable	671	217	121	131	198	238	167	170	178	114	95
Current Deferred Revenue	200	185	188	186	166	163	128	95	80	76	63
Current Deferred & Payable Income Tax Liabilities	20	14	20	3.15	30	18	13	0.00	17	5.95	0.34
Other Current Liabilities	9.50	16	22	27	30	29	0.32	0.01	0.06	-	-
Total Noncurrent Liabilities	994	1,146	1,208	1,305	1,572	1,362	1,218	1,168	694	697	726
Long-Term Debt	864	1,001	999	1,036	1,182	1,063	1,013	1,002	602	592	593
Noncurrent Deferred Revenue	5.50	17	21	27	26	24	25	44	1.59	6.54	10
Noncurrent Deferred & Payable Income Tax Liabilities	76	82	119	152	210	160	129	90	87	80	100
Other Noncurrent Operating Liabilities	48	47	69	91	115	114	51	31	3.48	18	22
Total Equity & Noncontrolling Interests	1,811	1,893	1,893	1,968	1,211	1,311	1,036	1,020	915	890	820
Total Preferred & Common Equity	1,811	1,893	1,893	1,968	1,211	1,311	1,036	1,020	915	890	820
Preferred Stock	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,811	1,893	1,893	1,968	1,211	1,311	1,036	1,020	915	890	820
Common Stock	492	473	440	510	457	466	355	326	309	293	274
Retained Earnings	1,401	1,492	1,538	1,515	809	892	770	723	660	627	554
Accumulated Other Comprehensive Income / (Loss)	-82	-72	-85	-57	-55	-46	-46	-29	-55	-29	-7.13
Other Equity Adjustments	0.00	0.00	-	-	0.00	0.00	-	-	-	-	-

This table presents Ziff Davis' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	3,419	3,664	3,727	3,383	3,469	3,527	3,433
Total Current Assets	951	1,231	1,293	1,064	1,075	1,107	975
Cash & Equivalents	386	687	735	661	679	722	622
Short-Term Investments	0.00	0.00	16	30	36	39	55
Accounts Receivable	471	450	447	291	286	278	232
Prepaid Expenses	94	94	95	82	74	68	66
Plant, Property, & Equipment, net	197	192	191	186	192	187	171
Total Noncurrent Assets	2,271	2,240	2,243	2,133	2,202	2,233	2,287
Long-Term Investments	153	152	140	140	114	116	124
Goodwill	1,573	1,626	1,625	1,540	1,600	1,598	1,580
Intangible Assets	471	386	401	368	402	433	498
Noncurrent Deferred & Refundable Income Taxes	8.62	8.75	8.73	8.57	8.56	8.46	7.64
Other Noncurrent Operating Assets	66	67	69	77	78	78	76
Total Liabilities & Shareholders' Equity	3,419	3,664	3,727	3,383	3,469	3,527	3,433
Total Liabilities	1,667	1,794	1,825	1,579	1,607	1,632	1,639
Total Current Liabilities	667	644	663	419	436	441	416
Accounts Payable	371	368	360	128	127	144	213
Accrued Expenses	37	28	44	47	53	64	-
Current Deferred Revenue	204	198	200	183	189	201	180
Current Deferred & Payable Income Tax Liabilities	10	6.70	18	4.99	11	-	-
Current Employee Benefit Liabilities	34	30	26	37	34	32	-
Other Current Liabilities	11	12	15	20	23	-	23
Total Noncurrent Liabilities	1,000	1,150	1,162	1,160	1,171	1,191	1,223
Long-Term Debt	864	1,002	1,002	1,001	1,000	1,000	998
Noncurrent Deferred Revenue	7.51	6.82	16	16	17	8.86	20
Noncurrent Deferred & Payable Income Tax Liabilities	54	66	65	51	58	68	128
Other Noncurrent Operating Liabilities	75	74	79	91	95	115	76
Total Equity & Noncontrolling Interests	1,752	1,870	1,902	1,804	1,863	1,895	1,794
Total Preferred & Common Equity	1,752	1,870	1,902	1,804	1,863	1,895	1,794
Preferred Stock	0.00	0.00	0.00	0.00	0.00	-	0.00
Total Common Equity	1,752	1,870	1,902	1,804	1,863	1,895	1,794
Common Stock	481	477	476	463	449	445	433
Retained Earnings	1,335	1,472	1,504	1,427	1,493	1,531	1,470
Accumulated Other Comprehensive Income / (Loss)	-63	-78	-78	-86	-80	-81	-109
Other Equity Adjustments	0.00	0.00	0.00	0.00	-	-	-

This table displays calculated financial ratios and metrics derived from Ziff Davis' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.76%	-1.94%	-1.82%	22.25%	10.32%	-12.99%	8.00%	27.86%	21.29%	20.33%	15.02%
EBITDA Growth	-9.26%	-18.30%	-37.36%	70.48%	24.32%	-24.24%	-0.80%	14.82%	27.52%	17.99%	25.13%
EBIT Growth	-6.75%	-40.62%	-53.43%	186.33%	81.02%	-64.15%	-10.49%	5.91%	26.80%	6.98%	13.67%
NOPAT Growth	-29.71%	-19.02%	-36.23%	146.52%	6.88%	-63.83%	6.65%	-2.04%	2.99%	12.90%	13.78%
Net Income Growth	51.91%	-34.90%	-87.16%	229.67%	-31.14%	70.03%	-7.70%	-8.54%	14.07%	6.63%	16.56%
EPS Growth	59.55%	-34.56%	-86.89%	226.10%	-31.14%	70.03%	-8.48%	-9.58%	14.65%	5.81%	13.16%
Operating Cash Flow Growth	21.99%	-4.90%	-34.87%	7.59%	16.37%	2.79%	51.78%	-6.36%	23.28%	29.24%	-8.32%
Free Cash Flow Firm Growth	209.59%	-114.25%	24.56%	95.49%	140.89%	-744.16%	-68.41%	139.37%	11.92%	-262.18%	930.18%
Invested Capital Growth	1.13%	6.83%	-7.46%	-1.74%	-1.76%	18.71%	8.80%	2.70%	46.99%	102.68%	-13.00%
Revenue Q/Q Growth	1.66%	-0.50%	-0.85%	23.56%	4.93%	-19.97%	2.52%	6.13%	5.68%	5.52%	5.11%
EBITDA Q/Q Growth	2.08%	4.63%	-39.34%	164.69%	0.02%	-32.09%	0.00%	10.09%	5.55%	3.09%	11.70%
EBIT Q/Q Growth	16.58%	4.08%	-57.67%	1,951.59%	-3.40%	-65.96%	-4.28%	12.77%	6.38%	0.11%	8.61%
NOPAT Q/Q Growth	-4.27%	2.55%	-35.65%	1,608.11%	6.72%	-66.97%	11.43%	-4.60%	3.93%	2.16%	4.04%
Net Income Q/Q Growth	1.07%	-8.89%	-82.13%	155.65%	-30.12%	49.46%	0.58%	5.06%	5.31%	2.07%	10.20%
EPS Q/Q Growth	0.00%	-10.10%	-82.13%	149.28%	-30.12%	49.46%	0.39%	4.81%	6.10%	2.25%	9.32%
Operating Cash Flow Q/Q Growth	20.39%	18.04%	-11.35%	-6.82%	4.54%	-0.95%	5.74%	-1.65%	3.43%	18.27%	-7.00%
Free Cash Flow Firm Q/Q Growth	210.81%	-135.62%	-54.36%	152.46%	-18.24%	-48.60%	151.07%	157.73%	-396.56%	-102.56%	1,224.82%
Invested Capital Q/Q Growth	-3.18%	0.73%	-6.51%	-15.86%	3.35%	1.86%	5.17%	6.04%	40.44%	0.75%	-25.85%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	85.71%	86.39%	86.73%	86.73%	84.60%	82.17%	83.35%	84.59%	83.17%	82.94%	82.31%
EBITDA Margin	23.31%	26.40%	31.69%	49.67%	35.62%	31.60%	36.30%	39.52%	44.01%	41.85%	42.69%
Operating Margin	8.11%	9.72%	14.30%	11.81%	11.94%	8.40%	20.23%	21.98%	27.75%	27.66%	31.08%
EBIT Margin	8.19%	9.03%	14.91%	31.43%	13.42%	8.18%	19.85%	23.95%	28.92%	27.66%	31.11%
Profit (Net Income) Margin	4.50%	3.04%	4.58%	35.06%	13.00%	20.83%	10.66%	12.47%	17.44%	18.54%	20.92%
Tax Burden Percent	67.65%	55.36%	48.61%	141.37%	192.31%	399.13%	72.46%	69.72%	72.10%	85.16%	80.77%
Interest Burden Percent	81.15%	60.88%	63.24%	78.90%	50.38%	63.81%	74.10%	74.69%	83.64%	78.70%	83.26%
Effective Tax Rate	44.39%	32.20%	44.19%	-4.04%	48.95%	25.10%	25.20%	30.28%	27.90%	14.84%	19.23%
Return on Invested Capital (ROIC)	3.16%	4.67%	5.73%	8.58%	3.42%	3.44%	10.85%	10.76%	13.25%	21.28%	26.54%
ROIC Less NNEP Spread (ROIC-NNEP)	3.06%	-145.12%	-724.89%	81.88%	13.37%	23.91%	2.62%	5.66%	7.88%	84.59%	39.29%
Return on Net Nonoperating Assets (RNNOA)	0.24%	-2.48%	-2.43%	22.67%	8.53%	15.20%	1.67%	3.65%	3.64%	-5.65%	-10.12%
Return on Equity (ROE)	3.40%	2.19%	3.30%	31.25%	11.95%	18.65%	12.52%	14.41%	16.89%	15.63%	16.42%
Cash Return on Invested Capital (CROIC)	2.04%	-1.93%	13.49%	10.33%	5.19%	-13.66%	2.42%	8.09%	-24.80%	-46.57%	40.44%
Operating Return on Assets (OROA)	3.20%	3.52%	5.68%	11.98%	4.34%	2.83%	9.56%	11.86%	13.15%	11.43%	13.04%
Return on Assets (ROA)	1.76%	1.19%	1.75%	13.36%	4.20%	7.21%	5.13%	6.18%	7.93%	7.66%	8.77%
Return on Common Equity (ROCE)	3.40%	2.19%	3.30%	31.25%	11.95%	18.65%	12.52%	14.41%	16.89%	15.63%	16.42%
Return on Equity Simple (ROE_SIMPLE)	3.48%	2.19%	3.37%	25.24%	12.44%	16.69%	12.42%	13.67%	16.67%	15.01%	15.28%
Net Operating Profit after Tax (NOPAT)	63	90	111	174	71	66	183	171	175	170	150
NOPAT Margin	4.51%	6.59%	7.98%	12.29%	6.09%	6.29%	15.13%	15.33%	20.00%	23.56%	25.11%
Net Nonoperating Expense Percent (NNEP)	0.10%	149.79%	730.62%	-73.30%	-9.95%	-20.46%	8.23%	5.10%	5.37%	-63.31%	-12.75%
Return On Investment Capital (ROIC_SIMPLE)	2.36%	3.11%	3.84%	-	-	-	-	-	-	-	-
Cost of Revenue to Revenue	14.29%	13.61%	13.27%	13.27%	15.40%	17.83%	16.65%	15.41%	16.83%	17.06%	17.69%
SG&A Expenses to Revenue	14.52%	14.35%	13.07%	32.24%	36.12%	38.33%	31.08%	28.94%	27.41%	28.46%	22.40%
R&D to Revenue	4.81%	5.05%	5.33%	5.57%	4.93%	4.25%	4.01%	4.12%	4.35%	4.76%	5.12%
Operating Expenses to Revenue	77.60%	76.67%	72.43%	74.91%	72.67%	73.77%	63.11%	62.60%	55.43%	55.28%	51.22%
Earnings before Interest and Taxes (EBIT)	115	123	207	445	156	86	240	268	253	199	186
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	327	360	441	704	413	332	438	442	385	302	256
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.28	1.63	1.97	2.72	3.68	3.48	3.27	3.45	4.08	4.18	3.31
Price to Tangible Book Value (P/TBV)	0.00	143.53	127.22	0.00	0.00	0.00	0.00	0.00	0.00	0.00	16.25
Price to Revenue (P/Rev)	1.66	2.27	2.68	3.77	3.84	4.35	2.80	3.15	4.27	5.16	4.53
Price to Earnings (P/E)	36.84	74.45	58.55	10.76	29.56	20.87	26.30	25.24	24.50	27.85	21.83
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	1.88%	2.45%	2.09%	1.75%	1.58%	1.93%
Earnings Yield	2.71%	1.34%	1.71%	9.29%	3.38%	4.79%	3.80%	3.96%	4.08%	3.59%	4.58%
Enterprise Value to Invested Capital (EV/IC)	1.25	1.60	2.09	2.68	2.81	2.56	2.34	2.55	2.80	3.65	5.15
Enterprise Value to Revenue (EV/Rev)	1.80	2.34	2.80	3.80	4.97	5.08	3.40	3.68	5.02	5.41	4.54
Enterprise Value to EBITDA (EV/EBITDA)	7.72	8.85	8.83	7.66	13.95	16.08	9.37	9.31	11.42	12.93	10.63
Enterprise Value to EBIT (EV/EBIT)	21.97	25.87	18.77	12.10	37.02	62.14	17.12	15.36	17.37	19.56	14.58
Enterprise Value to NOPAT (EV/NOPAT)	39.92	35.43	35.06	30.96	81.53	80.80	22.46	24.00	25.11	22.97	18.07
Enterprise Value to Operating Cash Flow (EV/OCF)	6.46	9.96	11.57	10.43	11.99	12.94	10.23	15.55	15.55	17.03	15.34
Enterprise Value to Free Cash Flow (EV/FCFF)	61.86	0.00	14.90	25.70	53.68	0.00	100.78	31.90	0.00	0.00	11.86
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.48	0.53	0.53	0.55	1.30	1.10	0.98	0.98	0.85	0.67	0.72
Long-Term Debt to Equity	0.48	0.53	0.53	0.53	0.98	0.81	0.98	0.98	0.66	0.67	0.72
Financial Leverage	0.08	0.02	0.00	0.28	0.64	0.64	0.64	0.65	0.46	-0.07	-0.26
Leverage Ratio	1.94	1.85	1.89	2.34	2.84	2.58	2.44	2.33	2.13	2.04	1.87
Compound Leverage Factor	1.57	1.13	1.20	1.85	1.43	1.65	1.81	1.74	1.78	1.61	1.56
Debt to Total Capital	32.31%	34.60%	34.55%	35.66%	56.59%	52.49%	49.45%	49.55%	46.05%	39.96%	41.99%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	1.79%	14.22%	13.97%	0.00%	0.00%	10.55%	0.01%	0.02%
Long-Term Debt to Total Capital	32.31%	34.60%	34.55%	33.88%	42.37%	38.52%	49.45%	49.55%	35.50%	39.94%	41.97%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	67.69%	65.40%	65.45%	64.34%	43.41%	47.51%	50.55%	50.45%	53.95%	60.04%	58.01%
Debt to EBITDA	2.65	2.78	2.27	1.55	3.83	4.36	2.31	2.27	2.03	1.96	2.32
Net Debt to EBITDA	0.61	0.27	0.36	0.06	3.16	2.33	1.64	1.34	1.71	0.59	0.01
Long-Term Debt to EBITDA	2.65	2.78	2.27	1.47	2.86	3.20	2.31	2.27	1.56	1.96	2.32
Debt to NOPAT	13.68	11.14	9.00	6.26	22.36	21.92	5.55	5.85	4.46	3.49	3.95
Net Debt to NOPAT	3.17	1.06	1.44	0.25	18.47	11.69	3.94	3.46	3.75	1.05	0.02
Long-Term Debt to NOPAT	13.68	11.14	9.00	5.95	16.74	16.09	5.55	5.85	3.44	3.49	3.95
Altman Z-Score	1.87	2.55	2.78	3.36	1.77	2.00	2.60	2.88	3.17	3.96	3.35
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.41	2.76	2.51	2.62	0.71	1.06	1.50	2.34	0.77	2.46	4.05
Quick Ratio	1.30	2.55	2.35	2.49	0.55	1.01	1.40	2.21	0.71	2.29	3.90
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	41	-37	261	210	107	-262	41	129	-327	-372	229
Operating Cash Flow to CapEx	366.03%	294.27%	316.94%	454.14%	518.71%	584.43%	711.83%	667.81%	1,141.14%	1,324.28%	1,579.46%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	2.71	1.91	-9.76	0.66	1.90	-7.91	-8.75	7.35
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	6.68	8.54	15.34	6.47	3.90	6.83	5.40	5.68
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	5.21	6.90	12.72	5.56	3.32	6.23	4.99	5.32
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.39	0.39	0.38	0.38	0.32	0.35	0.48	0.50	0.45	0.41	0.42
Accounts Receivable Turnover	2.81	4.25	4.48	4.53	4.06	4.34	5.30	5.15	5.56	6.99	7.54
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	7.27	7.45	8.20	9.68	8.94	9.27	13.52	15.12	13.93	15.07	17.26
Accounts Payable Turnover	0.45	1.10	1.47	1.14	0.82	0.93	1.20	0.99	1.01	1.17	1.29
Days Sales Outstanding (DSO)	129.93	85.96	81.49	80.63	90.00	84.01	68.90	70.87	65.66	52.25	48.42
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	808.72	332.03	249.02	319.12	445.92	394.14	305.29	368.48	362.84	311.24	283.90
Cash Conversion Cycle (CCC)	-678.79	-246.08	-167.53	-238.50	-355.92	-310.14	-236.39	-297.61	-297.17	-258.99	-235.48
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,011	1,989	1,862	2,012	2,047	2,084	1,756	1,614	1,571	1,069	527
Invested Capital Turnover	0.70	0.71	0.72	0.70	0.56	0.55	0.72	0.70	0.66	0.90	1.06
Increase / (Decrease) in Invested Capital	22	127	-150	-36	-37	328	142	42	502	542	-79
Enterprise Value (EV)	2,523	3,185	3,893	5,390	5,758	5,339	4,104	4,112	4,392	3,900	2,718
Market Capitalization	2,323	3,090	3,733	5,346	4,454	4,567	3,384	3,519	3,735	3,721	2,715
Book Value per Share	$42.37	$41.17	$40.10	$40.81	$26.56	$26.91	$21.01	$21.08	$19.03	$18.35	$17.16
Tangible Book Value per Share	($4.57)	$0.47	$0.62	($2.83)	($22.17)	($18.03)	($17.67)	($13.68)	($14.98)	($5.57)	$3.49
Total Capital	2,675	2,894	2,892	3,058	2,790	2,760	2,049	2,022	1,695	1,483	1,414
Total Debt	864	1,001	999	1,091	1,579	1,448	1,013	1,002	781	592	594
Total Long-Term Debt	864	1,001	999	1,036	1,182	1,063	1,013	1,002	602	592	593
Net Debt	200	96	160	44	1,304	773	720	593	657	179	3.37
Capital Expenditures (CapEx)	107	109	106	114	93	71	56	40	25	17	11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-133	-5.56	-59	-66	-40	-136	-56	4.38	-51	-49	-43
Debt-free Net Working Capital (DFNWC)	372	759	652	858	137	439	153	355	73	286	487
Net Working Capital (NWC)	372	759	652	803	-260	54	153	355	-106	286	487
Net Nonoperating Expense (NNE)	0.15	48	47	-323	-80	-153	54	32	22	36	25
Net Nonoperating Obligations (NNO)	200	96	-31	44	836	773	720	593	657	179	-293
Total Depreciation and Amortization (D&A)	212	237	233	258	257	246	199	174	132	102	69
Debt-free, Cash-free Net Working Capital to Revenue	-9.52%	-0.41%	-4.27%	-4.66%	-3.45%	-12.97%	-4.68%	0.39%	-5.86%	-6.77%	-7.14%
Debt-free Net Working Capital to Revenue	26.57%	55.66%	46.86%	60.57%	11.83%	41.82%	12.67%	31.79%	8.32%	39.73%	81.31%
Net Working Capital to Revenue	26.57%	55.66%	46.86%	56.71%	-22.41%	5.12%	12.67%	31.79%	-12.13%	39.70%	81.27%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.42	$0.89	$1.36	$10.81	$2.85	$3.97	$2.32	$2.54	$2.77	$2.43	$2.28
Adjusted Weighted Average Basic Shares Outstanding	44.46M	46.40M	46.95M	45.89M	52.70M	54.23M	54.57M	54.16M	54.25M	54.21M	53.24M
Adjusted Diluted Earnings per Share	$1.42	$0.89	$1.36	$10.37	$2.79	$3.86	$2.28	$2.49	$2.75	$2.40	$2.27
Adjusted Weighted Average Diluted Shares Outstanding	44.52M	46.46M	47.03M	47.86M	53.63M	55.80M	55.69M	55.39M	54.59M	54.73M	53.61M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	42.85M	46.07M	47.26M	47.27M	51.41M	55.44M	55.49M	55.88M	54.82M	55.39M	54.90M
Normalized Net Operating Profit after Tax (NOPAT)	111	128	126	140	71	66	183	171	175	170	150
Normalized NOPAT Margin	7.89%	9.42%	9.08%	9.88%	6.09%	6.29%	15.13%	15.33%	20.00%	23.56%	25.11%
Pre Tax Income Margin	6.65%	5.50%	9.43%	24.80%	6.76%	5.22%	14.71%	17.89%	24.19%	21.77%	25.90%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	5.76	2.77	3.20	3.87	3.95	6.11	4.70	5.97
NOPAT to Interest Expense	0.00	0.00	0.00	2.25	1.26	2.46	2.95	2.53	4.23	4.00	4.82
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	4.29	1.12	0.57	2.96	3.37	5.51	4.29	5.61
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.78	-0.39	-0.17	2.04	1.94	3.63	3.59	4.46
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	20.07%	64.17%	52.69%	43.19%	44.02%	41.71%
Augmented Payout Ratio	293.72%	261.49%	122.80%	15.77%	182.95%	29.58%	100.77%	59.76%	80.25%	46.77%	46.22%

This table displays calculated financial ratios and metrics derived from Ziff Davis' official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	5.88%	3.69%	-1.60%	2.39%	-1.72%	-0.26%	-3.36%	-2.52%	-2.92%	-3.74%
EBITDA Growth	-12.81%	-50.17%	-2.22%	16.82%	5.44%	-58.28%	7.39%	-40.90%	-63.88%	-0.62%
EBIT Growth	-12.07%	-89.09%	7.87%	320.23%	-2.25%	-145.10%	37.25%	-87.92%	-73.27%	82.55%
NOPAT Growth	-4.14%	-120.02%	-19.16%	-52.44%	-1.84%	-159.30%	-11.90%	71.19%	-18.85%	-75.78%
Net Income Growth	1.05%	-56.85%	121.30%	239.33%	-6.00%	-270.31%	135.92%	-131.08%	-81.28%	-57.28%
EPS Growth	11.68%	-65.67%	113.89%	243.75%	-4.86%	-271.79%	136.36%	-131.37%	-81.68%	-55.68%
Operating Cash Flow Growth	71.77%	45.53%	27.28%	-34.47%	113.12%	-27.72%	-47.71%	-1.03%	-49.90%	-28.16%
Free Cash Flow Firm Growth	169.44%	-1,747.59%	-43.12%	0.02%	-127.55%	-98.20%	-86.95%	-90.23%	82.51%	220.41%
Invested Capital Growth	1.13%	5.21%	-0.04%	-0.24%	6.83%	-0.84%	-0.66%	0.90%	-7.46%	-16.72%
Revenue Q/Q Growth	16.76%	10.22%	2.01%	-19.34%	14.34%	4.59%	6.15%	-22.58%	16.04%	1.34%
EBITDA Q/Q Growth	665.35%	-78.19%	27.68%	-52.87%	337.35%	-57.21%	52.55%	-61.36%	73.06%	10.15%
EBIT Q/Q Growth	377.47%	-186.58%	73.41%	-72.83%	696.65%	-149.39%	575.54%	-94.72%	175.27%	50.32%
NOPAT Q/Q Growth	412.93%	-189.67%	10.38%	-69.05%	818.22%	-132.95%	-35.07%	-36.12%	333.92%	-51.05%
Net Income Q/Q Growth	231.93%	-231.61%	247.32%	-83.24%	304.78%	-285.69%	318.68%	-111.30%	271.03%	139.16%
EPS Q/Q Growth	237.84%	-244.16%	234.78%	-83.21%	304.48%	-286.11%	325.00%	-111.11%	269.23%	139.39%
Operating Cash Flow Q/Q Growth	49.33%	109.56%	-33.08%	-17.98%	26.52%	83.27%	-65.55%	166.76%	-57.09%	32.59%
Free Cash Flow Firm Q/Q Growth	133.87%	-618.58%	-7.22%	142.61%	-903.70%	-82.10%	63.15%	-88.26%	-47.43%	29.65%
Invested Capital Q/Q Growth	-3.18%	2.19%	0.99%	1.21%	0.73%	-2.92%	0.79%	8.39%	-6.51%	-2.74%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	88.51%	84.94%	83.61%	85.03%	90.52%	83.72%	85.45%	85.11%	89.96%	84.61%
EBITDA Margin	35.99%	5.49%	27.75%	22.17%	43.71%	11.43%	27.93%	19.43%	40.74%	27.32%
Operating Margin	19.02%	-8.29%	8.91%	11.40%	20.70%	-3.91%	11.93%	8.57%	23.56%	8.49%
EBIT Margin	21.47%	-9.03%	11.50%	6.76%	25.85%	-4.95%	10.49%	1.65%	25.99%	10.96%
Profit (Net Income) Margin	15.52%	-13.74%	11.51%	3.38%	16.27%	-9.08%	5.12%	-2.48%	17.01%	5.32%
Tax Burden Percent	85.94%	135.08%	105.21%	54.49%	83.40%	120.39%	70.34%	-812.25%	73.69%	46.07%
Interest Burden Percent	84.15%	112.60%	95.11%	91.68%	75.46%	152.32%	69.34%	18.55%	88.81%	105.40%
Effective Tax Rate	18.25%	0.00%	19.92%	42.20%	17.04%	0.00%	27.25%	-65.60%	27.01%	45.85%
Return on Invested Capital (ROIC)	10.90%	-3.95%	4.79%	4.49%	12.17%	-1.89%	5.84%	9.77%	12.35%	2.94%
ROIC Less NNEP Spread (ROIC-NNEP)	10.83%	-15.29%	13.20%	-4.16%	1.22%	-13.67%	0.35%	-30.04%	0.79%	3.35%
Return on Net Nonoperating Assets (RNNOA)	0.87%	-2.13%	1.18%	-0.26%	0.02%	-1.40%	0.04%	-2.06%	0.00%	1.29%
Return on Equity (ROE)	11.76%	-6.08%	5.97%	4.23%	12.19%	-3.29%	5.88%	7.71%	12.35%	4.24%
Cash Return on Invested Capital (CROIC)	2.04%	-1.82%	4.46%	4.81%	-1.93%	5.27%	6.99%	3.82%	13.49%	26.12%
Operating Return on Assets (OROA)	8.39%	-3.66%	4.40%	2.56%	10.07%	-1.99%	4.10%	0.63%	9.90%	4.23%
Return on Assets (ROA)	6.07%	-5.57%	4.41%	1.28%	6.34%	-3.65%	2.00%	-0.96%	6.48%	2.05%
Return on Common Equity (ROCE)	11.76%	-6.08%	5.97%	4.23%	12.19%	-3.29%	5.88%	7.71%	12.35%	4.24%
Return on Equity Simple (ROE_SIMPLE)	0.00%	3.56%	4.28%	3.14%	0.00%	2.52%	5.08%	1.67%	0.00%	19.89%
Net Operating Profit after Tax (NOPAT)	64	-21	23	21	67	-9.32	28	44	68	16
NOPAT Margin	15.55%	-5.80%	7.13%	6.59%	17.17%	-2.73%	8.68%	14.19%	17.20%	4.60%
Net Nonoperating Expense Percent (NNEP)	0.07%	11.34%	-8.41%	8.64%	10.95%	11.78%	5.48%	39.81%	11.56%	-0.40%
Return On Investment Capital (ROIC_SIMPLE)	2.40%	-	-	-	2.31%	-	-	-	2.36%	-
Cost of Revenue to Revenue	11.49%	15.06%	16.39%	14.97%	9.48%	16.28%	14.55%	14.89%	10.04%	15.39%
SG&A Expenses to Revenue	-22.55%	28.76%	30.57%	30.78%	-27.38%	29.11%	31.27%	32.97%	-29.74%	27.98%
R&D to Revenue	4.25%	4.31%	5.24%	5.65%	3.98%	5.16%	5.47%	5.83%	4.59%	5.19%
Operating Expenses to Revenue	69.49%	93.23%	74.70%	73.63%	69.81%	87.62%	73.52%	76.54%	66.40%	76.12%
Earnings before Interest and Taxes (EBIT)	89	-32	37	21	101	-17	34	5.06	103	37
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	149	19	89	70	170	39	91	60	162	93
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.28	1.24	1.36	1.52	1.63	1.64	1.78	1.95	1.97	1.80
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	143.53	0.00	0.00	0.00	127.22	0.00
Price to Revenue (P/Rev)	1.66	1.58	1.86	2.11	2.27	2.16	2.41	2.67	2.68	2.30
Price to Earnings (P/E)	36.84	34.90	31.75	48.51	74.45	64.99	34.98	116.76	58.55	9.06
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.71%	2.87%	3.15%	2.06%	1.34%	1.54%	2.86%	0.86%	1.71%	11.04%
Enterprise Value to Invested Capital (EV/IC)	1.25	1.20	1.33	1.50	1.60	1.59	1.71	1.89	2.09	1.72
Enterprise Value to Revenue (EV/Rev)	1.80	1.81	1.98	2.19	2.34	2.28	2.54	2.76	2.80	2.44
Enterprise Value to EBITDA (EV/EBITDA)	7.72	7.82	7.96	8.81	8.85	9.10	8.74	9.72	8.83	4.72
Enterprise Value to EBIT (EV/EBIT)	21.97	25.40	23.80	27.15	25.87	26.46	20.18	23.33	18.77	7.00
Enterprise Value to NOPAT (EV/NOPAT)	39.92	37.90	30.12	32.71	35.43	35.71	27.00	40.28	35.06	19.88
Enterprise Value to Operating Cash Flow (EV/OCF)	6.46	7.72	9.28	10.74	9.96	11.55	11.65	11.37	11.57	9.04
Enterprise Value to Free Cash Flow (EV/FCFF)	61.86	0.00	29.82	31.05	0.00	29.96	24.44	49.71	14.90	5.99
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.48	0.49	0.54	0.53	0.53	0.55	0.54	0.53	0.53	0.56
Long-Term Debt to Equity	0.48	0.49	0.54	0.53	0.53	0.55	0.54	0.53	0.53	0.56
Financial Leverage	0.08	0.14	0.09	0.06	0.02	0.10	0.12	0.07	0.00	0.39
Leverage Ratio	1.94	1.91	1.91	1.91	1.85	1.89	1.92	1.91	1.89	2.30
Compound Leverage Factor	1.63	2.15	1.82	1.75	1.40	2.89	1.33	0.35	1.68	2.42
Debt to Total Capital	32.31%	33.02%	34.90%	34.50%	34.60%	35.68%	34.94%	34.54%	34.55%	35.76%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	32.31%	33.02%	34.90%	34.50%	34.60%	35.68%	34.94%	34.54%	34.55%	35.76%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	67.69%	66.98%	65.10%	65.50%	65.40%	64.32%	65.06%	65.46%	65.45%	64.24%
Debt to EBITDA	2.65	2.70	2.95	2.93	2.78	2.91	2.51	2.55	2.27	1.37
Net Debt to EBITDA	0.61	1.01	0.48	0.32	0.27	0.49	0.43	0.31	0.36	0.27
Long-Term Debt to EBITDA	2.65	2.70	2.95	2.93	2.78	2.91	2.51	2.55	2.27	1.37
Debt to NOPAT	13.68	13.08	11.17	10.89	11.14	11.41	7.75	10.56	9.00	5.79
Net Debt to NOPAT	3.17	4.92	1.81	1.20	1.06	1.94	1.32	1.30	1.44	1.14
Long-Term Debt to NOPAT	13.68	13.08	11.17	10.89	11.14	11.41	7.75	10.56	9.00	5.79
Altman Z-Score	1.84	1.80	2.01	2.11	2.53	2.33	2.49	2.59	2.69	2.42
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.41	1.43	1.91	1.95	2.76	2.54	2.47	2.51	2.51	2.34
Quick Ratio	1.30	1.28	1.77	1.81	2.55	2.34	2.30	2.35	2.35	2.18
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	42	-123	24	26	-60	7.49	42	26	218	415
Operating Cash Flow to CapEx	582.62%	410.01%	198.26%	268.61%	350.89%	267.42%	157.44%	384.14%	170.26%	374.60%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	14.49	0.00	0.00	0.00	5.72	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	42.71	0.00	0.00	0.00	25.74	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	26.81	0.00	0.00	0.00	19.04	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.39	0.41	0.38	0.38	0.39	0.40	0.39	0.38	0.38	0.39
Accounts Receivable Turnover	2.81	3.62	3.71	3.78	4.25	5.23	5.18	5.11	4.48	5.60
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	7.27	7.19	7.10	7.26	7.45	7.67	7.65	7.96	8.20	7.92
Accounts Payable Turnover	0.45	0.81	0.82	0.79	1.10	1.17	1.23	1.09	1.47	0.86
Days Sales Outstanding (DSO)	129.93	100.87	98.36	96.43	85.96	69.73	70.41	71.44	81.49	65.13
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	808.72	452.20	443.30	463.18	332.03	311.67	296.18	333.77	249.02	423.51
Cash Conversion Cycle (CCC)	-678.79	-351.33	-344.94	-366.75	-246.08	-241.94	-225.77	-262.33	-167.53	-358.39
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,011	2,077	2,033	2,013	1,989	1,974	2,034	2,018	1,862	1,991
Invested Capital Turnover	0.70	0.68	0.67	0.68	0.71	0.69	0.67	0.69	0.72	0.64
Increase / (Decrease) in Invested Capital	22	103	-0.91	-4.91	127	-17	-14	18	-150	-400
Enterprise Value (EV)	2,523	2,502	2,702	3,010	3,185	3,131	3,484	3,812	3,893	3,429
Market Capitalization	2,323	2,177	2,539	2,899	3,090	2,960	3,313	3,689	3,733	3,232
Book Value per Share	$42.37	$39.17	$40.54	$41.47	$41.17	$38.81	$39.39	$40.09	$40.10	$38.01
Tangible Book Value per Share	($4.57)	($6.51)	($3.08)	($2.69)	$0.47	($2.23)	($2.94)	($2.89)	$0.62	($6.03)
Total Capital	2,675	2,616	2,872	2,904	2,894	2,805	2,863	2,894	2,892	2,792
Total Debt	864	864	1,002	1,002	1,001	1,001	1,000	1,000	999	998
Total Long-Term Debt	864	864	1,002	1,002	1,001	1,001	1,000	1,000	999	998
Net Debt	200	325	163	111	96	170	171	123	160	197
Capital Expenditures (CapEx)	27	26	26	28	26	27	25	30	25	27
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-133	-102	-100	-121	-5.56	-46	-76	-95	-59	-118
Debt-free Net Working Capital (DFNWC)	372	284	587	630	759	644	639	665	652	559
Net Working Capital (NWC)	372	284	587	630	759	644	639	665	652	559
Net Nonoperating Expense (NNE)	0.10	28	-14	10	3.54	22	12	51	0.75	-2.46
Net Nonoperating Obligations (NNO)	200	325	163	111	96	170	171	123	-31	197
Total Depreciation and Amortization (D&A)	60	51	52	48	70	56	57	55	59	56
Debt-free, Cash-free Net Working Capital to Revenue	-9.52%	-7.43%	-7.31%	-8.85%	-0.41%	-3.37%	-5.55%	-6.88%	-4.27%	-8.41%
Debt-free Net Working Capital to Revenue	26.57%	20.57%	42.99%	45.92%	55.66%	46.99%	46.57%	48.11%	46.86%	39.83%
Net Working Capital to Revenue	26.57%	20.57%	42.99%	45.92%	55.66%	46.99%	46.57%	48.11%	46.86%	39.83%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.49	($1.11)	$0.81	$0.23	$1.37	($0.67)	$0.36	($0.16)	$1.44	$0.39
Adjusted Weighted Average Basic Shares Outstanding	44.46M	43.92M	45.49M	45.86M	46.40M	46.06M	46.80M	46.99M	46.95M	46.87M
Adjusted Diluted Earnings per Share	$1.53	($1.11)	$0.77	$0.23	$1.37	($0.67)	$0.36	($0.16)	$1.44	$0.39
Adjusted Weighted Average Diluted Shares Outstanding	44.52M	43.92M	50.67M	45.96M	46.46M	46.06M	46.80M	46.99M	47.03M	46.87M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$1.37	$0.00	$0.00	$0.00	$1.44	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	42.85M	42.74M	44.74M	46.13M	46.07M	45.98M	46.48M	47.28M	47.26M	47.19M
Normalized Net Operating Profit after Tax (NOPAT)	64	39	23	21	67	30	28	18	68	31
Normalized NOPAT Margin	15.55%	11.08%	7.13%	6.59%	17.17%	8.94%	8.68%	6.00%	17.20%	8.93%
Pre Tax Income Margin	18.06%	-10.17%	10.94%	6.20%	19.51%	-7.54%	7.27%	0.31%	23.08%	11.55%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	12.02	0.00	0.00	0.00	1.13	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	11.72	0.00	0.00	0.00	9.73	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	-3.88	0.00	0.00	0.00	-5.57	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	-4.18	0.00	0.00	0.00	3.03	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	293.72%	296.83%	167.25%	183.37%	261.49%	239.48%	68.24%	58.10%	122.80%	35.04%

Frequently Asked Questions About Ziff Davis' Financials

When does Ziff Davis's fiscal year end?

According to the most recent income statement we have on file, Ziff Davis' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Ziff Davis' net income changed over the last 10 years?

Ziff Davis' net income were at $63.05 million at the end of 2024, a 51.9% increase from 2023, and a 49.7% decrease since 2014. View Ziff Davis' forecast to see where analysts expect Ziff Davis to go next.

What is Ziff Davis's operating income?

Ziff Davis's total operating income in 2024 was $113.65 million, based on the following breakdown:

Total Gross Profit: $1.20 billion
Total Operating Expenses: $1.09 billion

How has Ziff Davis revenue changed over the last 10 years?

Over the last 10 years, Ziff Davis' total revenue changed from $599.03 million in 2014 to $1.40 billion in 2024, a change of 134.0%.

How much debt does Ziff Davis have?

Ziff Davis' total liabilities were at $1.89 billion at the end of 2024, a 20.0% increase from 2023, and a 114.0% increase since 2014.

How much cash does Ziff Davis have?

In the past 10 years, Ziff Davis' cash and equivalents has ranged from $123.95 million in 2016 to $737.61 million in 2023, and is currently $505.88 million as of their latest financial filing in 2024.

How has Ziff Davis' book value per share changed over the last 10 years?

Over the last 10 years, Ziff Davis' book value per share changed from 17.16 in 2014 to 42.37 in 2024, a change of 146.9%.

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This page (NASDAQ:ZD) was last updated on 5/20/2025 by MarketBeat.com Staff

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Ziff Davis (ZD) Financials

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