IAC (IAC) Financials

$33.67 -0.18 (-0.52%)

As of 03:27 PM Eastern

Annual Income Statements for IAC

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	119	-41	305	627	454	162	278	362	652	551
Consolidated Net Income / (Loss)	113	-16	358	758	567	222	277	360	651	551
Net Income / (Loss) Continuing Operations	113	-16	358	451	517	588	276	362	651	551
Total Pre-Tax Income	143	-81	67	462	532	631	256	377	777	704
Total Operating Income	180	-33	188	549	645	746	852	515	917	823
Total Gross Profit	2,453	2,384	2,656	1,320	1,524	1,755	2,144	2,229	2,410	2,488
Total Revenue	3,231	3,140	3,307	1,730	2,051	2,391	2,983	3,189	3,365	3,479
Operating Revenue	3,231	3,140	3,307	1,730	2,051	2,391	2,983	3,189	3,365	3,479
Total Cost of Revenue	778	756	651	410	527	636	839	960	954	991
Operating Cost of Revenue	778	756	651	410	527	636	839	960	954	991
Total Operating Expenses	2,273	2,417	2,468	770	879	1,010	1,292	1,714	1,494	1,665
Selling, General & Admin Expense	512	530	719	182	256	311	415	436	414	439
Marketing Expense	1,348	1,247	1,381	420	427	480	566	535	586	622
Research & Development Expense	197	213	251	132	152	170	241	334	384	442
Depreciation Expense	62	72	74	35	34	41	41	44	62	87
Amortization Expense	140	79	42	1.32	8.73	7.53	29	366	48	74
Total Other Income / (Expense), net	-37	-48	-122	-87	-113	-115	-596	-138	-140	-119
Interest Expense	74	109	105	95	111	131	130	146	160	160
Other Income / (Expense), net	37	61	-16	7.51	-2.03	16	-465	8.03	20	41
Income Tax Expense	30	-65	-291	11	15	43	-20	15	125	153
Net Income / (Loss) Discontinued Operations	-	-	-	307	49	-366	0.51	-2.21	0.00	0.00
Net Income / (Loss) Attributable to Noncontrolling Interest	-6.10	25	53	131	113	59	-1.17	-2.03	-0.07	0.04
Basic Earnings per Share	$1.44	($0.52)	$3.81	$3.48	$2.50	$0.73	$1.01	$1.28	$2.36	$2.12
Weighted Average Basic Shares Outstanding	82.94M	80.05M	80.09M	83.41M	84.76M	268.97M	285.15M	279.32M	268.01M	250.43M
Diluted Earnings per Share	$1.33	($0.52)	$3.18	$3.05	$2.15	$0.66	$0.93	$1.24	$2.26	$2.02
Weighted Average Diluted Shares Outstanding	82.94M	80.05M	80.09M	83.41M	84.76M	268.97M	285.15M	279.32M	268.01M	250.43M
Weighted Average Basic & Diluted Shares Outstanding	82.94M	80.05M	80.09M	83.41M	84.76M	268.97M	285.15M	279.32M	268.01M	250.43M
Cash Dividends to Common per Share	$1.36	$0.00	$0.00	-	-	-	-	-	-	$0.19

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

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	129	955	121	137	164	230	123	133	136	158
Consolidated Net Income / (Loss)	128	954	121	137	164	230	123	133	136	158
Net Income / (Loss) Continuing Operations	128	86	121	137	164	230	123	133	136	158
Total Pre-Tax Income	176	939	162	178	211	225	154	175	178	198
Total Operating Income	211	977	198	215	244	260	185	205	211	223
Total Gross Profit	563	1,349	547	579	626	658	603	619	642	624
Total Revenue	810	1,585	787	830	882	866	860	864	895	860
Operating Revenue	810	-	787	830	882	866	860	864	895	860
Total Cost of Revenue	247	236	240	250	256	208	257	245	253	236
Operating Cost of Revenue	247	236	240	250	256	208	257	245	253	236
Total Operating Expenses	352	372	349	364	382	398	418	415	432	400
Selling, General & Admin Expense	114	110	91	108	107	108	106	114	104	114
Marketing Expense	130	127	137	137	153	159	165	155	157	146
Research & Development Expense	88	81	98	94	94	98	116	114	104	109
Depreciation Expense	11	11	11	15	17	19	21	21	25	21
Amortization Expense	9.61	-	12	11	10	14	10	11	42	11
Total Other Income / (Expense), net	-34	-39	-36	-36	-32	-35	-31	-30	-33	-26
Interest Expense	37	38	39	40	40	40	40	40	40	40
Other Income / (Expense), net	2.33	-0.40	3.39	3.43	7.91	5.04	9.47	11	7.10	14
Income Tax Expense	48	-18	42	41	47	-4.80	31	42	41	39
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.43	-1.16	-0.12	0.00	0.03	0.02	0.04	0.01	0.01	-0.02
Basic Earnings per Share	$0.46	$0.30	$0.43	$0.49	$0.59	$0.85	$0.46	$0.50	$0.53	$0.63
Weighted Average Basic Shares Outstanding	279.31M	279.32M	278.46M	278.09M	271.81M	268.01M	265.67M	257.90M	251.09M	250.43M
Diluted Earnings per Share	$0.44	$0.31	$0.42	$0.48	$0.57	$0.79	$0.44	$0.48	$0.51	$0.59
Weighted Average Diluted Shares Outstanding	279.31M	279.32M	278.46M	278.09M	271.81M	268.01M	265.67M	257.90M	251.09M	250.43M
Weighted Average Basic & Diluted Shares Outstanding	279.31M	279.32M	278.46M	278.09M	271.81M	268.01M	265.67M	257.90M	251.09M	250.43M

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	491	-9.54	262	629	1,007	-2,406	76	-243	290	104
Net Cash From Operating Activities	406	102	417	988	648	789	912	526	897	933
Net Cash From Continuing Operating Activities	406	102	417	611	648	789	912	526	897	933
Net Income / (Loss) Continuing Operations	113	-16	358	451	517	588	276	362	651	551
Consolidated Net Income / (Loss)	113	-16	358	451	567	222	277	360	651	551
Net Income / (Loss) Discontinued Operations	-	-	-	-	49	-366	0.51	-2.21	0.00	0.00
Depreciation Expense	62	72	74	35	34	41	41	44	62	87
Amortization Expense	140	79	42	14	8.73	7.53	29	366	48	74
Non-Cash Adjustments To Reconcile Net Income	116	105	323	66	90	102	147	204	232	267
Changes in Operating Assets and Liabilities, net	-26	-115	-380	45	-2.16	50	420	-450	-96	-48
Net Cash From Investing Activities	-583	-98	42	-173	-42	-3,922	-940	-72	-77	-59
Net Cash From Continuing Investing Activities	-583	-98	42	-38	-42	-3,922	-940	-72	-77	-59
Purchase of Property, Plant & Equipment	-62	-	-76	-31	-39	-42	-80	-49	-67	-51
Other Investing Activities, net	-3.54	-11	2.99	-4.14	1.06	-3,871	0.05	-23	-9.17	-7.96
Net Cash From Financing Activities	678	-13	-197	-313	654	1,788	111	-689	-534	-758
Net Cash From Continuing Financing Activities	678	-13	-197	-199	654	1,788	111	-689	-534	-758
Repayment of Debt	-126	-2.71	-947	-2.50	-328	-449	-638	-176	0.02	-6.48
Repurchase of Common Equity	-223	-	-56	-133	-216	-133	-882	-490	-546	-753
Payment of Dividends	-145	2.74	-20	-115	-1.65	-16	-1.47	-11	-1.87	-1.29
Issuance of Common Equity	429	0.00	167	0.01	167	1,577	58	20	20	14
Other Financing Activities, net	-44	-	-658	-208	-507	-212	1,074	-33	-5.93	-11
Other Net Changes in Cash	-	-	-	127	-254	-1,061	-	-7.81	-	-12

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

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-84	182	-2.52	163	-26	155	52	-77	18	110
Net Cash From Operating Activities	280	225	120	209	291	276	284	129	265	255
Net Cash From Continuing Operating Activities	280	225	120	209	291	276	284	129	265	255
Net Income / (Loss) Continuing Operations	128	86	121	137	164	230	123	133	136	158
Consolidated Net Income / (Loss)	128	83	121	137	164	230	123	133	136	158
Depreciation Expense	11	11	11	15	17	19	21	21	25	21
Amortization Expense	9.61	114	12	11	10	14	10	11	42	11
Non-Cash Adjustments To Reconcile Net Income	53	54	42	61	62	68	64	70	64	69
Changes in Operating Assets and Liabilities, net	79	-39	-65	-14	38	-55	66	-106	-3.42	-4.12
Net Cash From Investing Activities	-36	-10	-20	-18	-10	-29	-26	-13	-12	-7.47
Net Cash From Continuing Investing Activities	-36	-10	-20	-18	-10	-29	-26	-13	-12	-7.47
Purchase of Property, Plant & Equipment	-11	-11	-20	-18	-13	-17	-17	-13	-13	-7.57
Other Investing Activities, net	0.83	-25	0.05	0.04	2.36	-12	-8.81	0.01	0.75	0.10
Net Cash From Financing Activities	-311	-43	-105	-29	-303	-98	-200	-195	-241	-122
Net Cash From Continuing Financing Activities	-311	-43	-105	-29	-303	-98	-200	-195	-241	-122
Repayment of Debt	-24	-58	0.00	-	-	0.02	-1.95	-0.23	-0.01	-4.29
Repurchase of Common Equity	-291	-	-113	-33	-300	-101	-189	-199	-243	-122
Issuance of Common Equity	0.43	3.70	11	4.62	0.59	3.51	1.26	4.48	3.67	4.17
Other Financing Activities, net	3.24	12	-2.05	-0.53	-3.35	-	-9.59	-0.50	-1.34	-0.01
Other Net Changes in Cash	-	9.69	1.82	-0.40	-3.53	-	-5.95	1.59	6.64	-15

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	5,189	4,646	5,868	6,875	8,365	3,046	5,063	4,183	4,508	4,466
Total Current Assets	1,945	1,843	2,125	2,763	3,708	1,020	1,218	882	1,271	1,398
Cash & Equivalents	1,481	1,329	1,631	2,132	466	739	815	572	862	966
Short-Term Investments	39	89	5.00	124	-	0.00	12	8.72	6.20	4.73
Accounts Receivable	250	220	304	279	116	137	188	192	299	325
Other Current Assets	174	204	185	228	98	144	203	109	104	102
Plant, Property, & Equipment, net	303	306	315	319	101	108	163	176	195	158
Total Noncurrent Assets	2,941	2,497	3,427	3,793	4,556	1,918	3,682	3,124	3,042	2,910
Goodwill	2,245	1,924	2,559	2,727	1,240	1,271	2,412	2,348	2,343	2,311
Intangible Assets	441	355	664	631	228	231	772	358	306	215
Noncurrent Deferred & Refundable Income Taxes	-	2.51	66	65	192	293	335	277	260	263
Other Noncurrent Operating Assets	117	92	73	135	64	124	163	141	134	121
Total Liabilities & Shareholders' Equity	5,189	4,646	5,868	6,875	8,365	3,046	5,063	4,183	4,508	4,466
Total Liabilities	2,942	2,602	2,878	3,257	4,422	4,459	5,258	4,542	4,527	4,529
Total Current Liabilities	769	713	800	884	1,010	500	1,168	556	532	549
Accounts Payable	87	63	77	75	20	29	38	14	13	18
Accrued Expenses	383	345	367	435	182	232	768	290	307	365
Current Deferred Revenue	258	286	342	360	219	239	262	253	211	166
Total Noncurrent Liabilities	2,174	1,889	2,078	2,374	3,412	3,959	4,090	3,985	3,995	3,980
Long-Term Debt	1,727	1,582	1,979	2,246	2,890	3,841	3,829	3,836	3,842	3,849
Noncurrent Deferred Revenue	34	34	26	38	30	15	14	13	25	33
Noncurrent Deferred & Payable Income Tax Liabilities	349	229	35	24	18	17	130	33	26	12
Other Noncurrent Operating Liabilities	65	44	38	67	26	86	116	104	102	86
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,216	2,011	2,947	3,552	3,898	-1,413	-196	-359	-19	-64
Total Preferred & Common Equity	1,805	1,869	2,430	2,843	2,928	-1,414	-204	-360	-20	-64
Total Common Equity	1,804	1,869	2,430	2,843	2,928	-1,415	-204	-360	-20	-64
Common Stock	11,486	11,922	12,165	12,022	11,684	7,089	8,164	8,274	8,529	8,757
Retained Earnings	331	290	595	1,259	1,690	-8,422	-8,145	-7,783	-7,131	-6,580
Treasury Stock	-9,861	-10,177	-10,227	-10,310	-10,310	-	0.00	-482	-1,033	-1,791
Accumulated Other Comprehensive Income / (Loss)	-152	-166	-104	-129	-136	-81	-224	-369	-385	-450
Noncontrolling Interest	411	141	517	709	970	1.04	7.93	0.99	0.48	0.00

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

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Total Assets	3,915	4,183	4,204	4,339	4,249	4,508	4,403	4,369	4,426	4,466
Total Current Assets	706	882	951	1,129	1,118	1,271	1,250	1,286	1,323	1,398
Cash & Equivalents	391	572	570	733	707	862	915	838	856	966
Short-Term Investments	7.68	8.72	8.45	8.35	5.94	6.20	5.94	5.81	5.32	4.73
Accounts Receivable	174	192	257	272	288	299	225	324	340	325
Other Current Assets	133	109	116	116	117	104	104	118	122	102
Plant, Property, & Equipment, net	172	176	187	191	191	195	188	181	172	158
Total Noncurrent Assets	3,037	3,124	3,066	3,019	2,940	3,042	2,966	2,902	2,931	2,910
Goodwill	2,190	2,348	2,317	2,303	2,268	2,343	2,286	2,255	2,320	2,311
Intangible Assets	439	358	340	326	311	306	288	276	241	215
Noncurrent Deferred & Refundable Income Taxes	269	277	264	248	228	260	250	235	243	263
Other Noncurrent Operating Assets	139	141	145	142	133	134	142	136	127	121
Total Liabilities & Shareholders' Equity	3,915	4,183	4,204	4,339	4,249	4,508	4,403	4,369	4,426	4,466
Total Liabilities	4,613	4,542	4,538	4,517	4,548	4,527	4,511	4,499	4,514	4,529
Total Current Liabilities	602	556	552	534	570	532	519	512	530	549
Accounts Payable	15	14	14	8.00	11	13	21	17	27	18
Accrued Expenses	287	290	282	282	332	307	299	308	322	365
Current Deferred Revenue	256	253	256	244	227	211	199	187	181	166
Total Noncurrent Liabilities	4,011	3,985	3,986	3,982	3,978	3,995	3,992	3,987	3,984	3,980
Long-Term Debt	3,834	3,836	3,837	3,839	3,841	3,842	3,844	3,846	3,847	3,849
Noncurrent Deferred Revenue	13	13	11	12	11	25	25	27	31	33
Noncurrent Deferred & Payable Income Tax Liabilities	56	33	30	29	27	26	22	17	13	12
Other Noncurrent Operating Liabilities	108	104	107	103	99	102	102	97	93	86
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-698	-359	-335	-178	-299	-19	-108	-130	-89	-64
Total Preferred & Common Equity	-699	-360	-335	-178	-299	-20	-108	-130	-89	-64
Total Common Equity	-699	-360	-335	-178	-299	-20	-108	-130	-89	-64
Common Stock	8,216	8,274	8,326	8,393	8,455	8,529	8,586	8,663	8,730	8,757
Retained Earnings	-7,867	-7,783	-7,662	-7,524	-7,361	-7,131	-7,008	-6,875	-6,738	-6,580
Treasury Stock	-482	-482	-595	-628	-931	-1,033	-1,231	-1,430	-1,673	-1,791
Accumulated Other Comprehensive Income / (Loss)	-567	-369	-404	-419	-464	-385	-455	-489	-408	-450
Noncontrolling Interest	0.87	0.99	0.00	0.41	0.43	0.48	0.14	0.13	0.02	0.00

This table displays calculated financial ratios and metrics derived from IAC's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	3.90%	-2.82%	5.33%	-47.70%	18.58%	16.58%	24.76%	6.89%	5.51%	3.41%
EBITDA Growth	-5.98%	-57.22%	61.15%	110.02%	13.24%	18.04%	-43.66%	104.31%	12.15%	-1.95%
EBIT Growth	-33.63%	-87.06%	514.64%	223.35%	15.52%	18.36%	-49.23%	35.28%	79.08%	-7.74%
NOPAT Growth	-56.70%	-116.03%	4,512.40%	-46.81%	17.00%	10.75%	32.14%	-46.17%	55.65%	-16.16%
Net Income Growth	-72.30%	-114.25%	2,316.63%	111.66%	-25.24%	-60.88%	24.79%	30.14%	81.01%	-15.37%
EPS Growth	-71.58%	-139.10%	711.54%	111.66%	-25.24%	-69.30%	40.91%	33.33%	82.26%	-10.62%
Operating Cash Flow Growth	-4.33%	-74.98%	310.51%	137.13%	-34.42%	21.69%	15.72%	-42.39%	70.59%	4.01%
Free Cash Flow Firm Growth	-870.46%	162.35%	-174.59%	354.25%	471.97%	-77.74%	-154.69%	268.24%	40.38%	10.48%
Invested Capital Growth	27.47%	-10.64%	55.95%	3.18%	-54.40%	9.38%	72.14%	-0.41%	2.03%	-4.74%
Revenue Q/Q Growth	0.56%	-1.18%	4.40%	-57.90%	186.34%	45.29%	5.47%	32.31%	-17.60%	-0.17%
EBITDA Q/Q Growth	-10.78%	80.46%	-19.80%	-27.80%	100.41%	-0.82%	-45.99%	376.30%	-43.44%	-2.84%
EBIT Q/Q Growth	-38.18%	121.03%	-28.07%	-19.48%	67.77%	-0.25%	-50.93%	180.97%	-43.17%	-3.16%
NOPAT Q/Q Growth	-33.93%	78.38%	50.21%	4.86%	9.37%	3.55%	22.67%	406.54%	-49.09%	-11.97%
Net Income Q/Q Growth	-46.87%	90.01%	-20.23%	34.44%	-11.07%	0.75%	-53.44%	147.19%	-52.65%	-11.47%
EPS Q/Q Growth	-47.43%	76.99%	-30.26%	34.44%	-11.07%	29.41%	-55.71%	145.42%	26.97%	-9.01%
Operating Cash Flow Q/Q Growth	29.40%	-75.59%	215.29%	31.70%	-59.80%	64.95%	-2.58%	-3.72%	6.02%	-2.24%
Free Cash Flow Firm Q/Q Growth	-260.70%	166.46%	57.95%	-0.82%	720.95%	-78.53%	71.15%	-4.46%	-51.47%	18.31%
Invested Capital Q/Q Growth	23.23%	-2.03%	1.84%	2.66%	-56.76%	0.42%	-16.26%	4.10%	4.45%	-2.88%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	75.92%	75.93%	80.32%	76.30%	74.30%	73.41%	71.87%	69.90%	71.64%	71.51%
EBITDA Margin	12.96%	5.70%	8.73%	35.05%	33.47%	33.89%	15.31%	29.25%	31.10%	29.48%
Operating Margin	5.56%	-1.04%	5.70%	31.76%	31.47%	31.18%	28.55%	16.15%	27.25%	23.66%
EBIT Margin	6.70%	0.89%	5.21%	32.20%	31.37%	31.85%	12.96%	16.40%	27.84%	24.84%
Profit (Net Income) Margin	3.51%	-0.51%	10.83%	43.80%	27.62%	9.27%	9.27%	11.29%	19.36%	15.85%
Tax Burden Percent	79.34%	19.92%	534.68%	163.87%	106.41%	35.12%	107.97%	95.35%	83.87%	78.31%
Interest Burden Percent	65.99%	-289.33%	38.87%	83.02%	82.75%	82.85%	66.25%	72.17%	82.93%	81.48%
Effective Tax Rate	20.66%	0.00%	-434.68%	2.45%	2.83%	6.86%	-7.77%	4.07%	16.13%	21.69%
Return on Invested Capital (ROIC)	6.78%	-1.02%	37.41%	16.08%	25.44%	42.96%	39.94%	17.03%	26.29%	22.35%
ROIC Less NNEP Spread (ROIC-NNEP)	82.30%	6.84%	-330.07%	738.46%	30.05%	-91.56%	19.26%	12.81%	22.52%	19.16%
Return on Net Nonoperating Assets (RNNOA)	-1.48%	0.27%	-23.19%	6.86%	-10.45%	-25.45%	-74.35%	-147.09%	-371.03%	-1,355.15%
Return on Equity (ROE)	5.30%	-0.75%	14.23%	22.94%	14.99%	17.52%	-34.41%	-130.06%	-344.74%	-1,332.80%
Cash Return on Invested Capital (CROIC)	-17.38%	10.21%	-6.30%	12.95%	100.16%	34.01%	-13.08%	17.43%	24.28%	27.20%
Operating Return on Assets (OROA)	4.58%	0.57%	3.28%	8.74%	8.44%	13.35%	9.54%	11.31%	21.56%	19.26%
Return on Assets (ROA)	2.40%	-0.33%	6.81%	11.89%	7.44%	3.88%	6.82%	7.79%	14.99%	12.29%
Return on Common Equity (ROCE)	4.70%	-0.64%	12.15%	18.30%	11.44%	10.48%	-34.65%	-132.45%	-346.08%	-1,340.49%
Return on Equity Simple (ROE_SIMPLE)	6.28%	-0.86%	14.73%	26.65%	19.35%	-15.67%	-135.72%	-100.01%	-3,332.68%	-866.04%
Net Operating Profit after Tax (NOPAT)	142	-23	1,008	536	627	695	918	494	769	645
NOPAT Margin	4.41%	-0.73%	30.47%	30.99%	30.58%	29.05%	30.77%	15.49%	22.86%	18.53%
Net Nonoperating Expense Percent (NNEP)	-75.52%	-7.86%	367.48%	-722.38%	-4.61%	134.52%	20.67%	4.22%	3.77%	3.19%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	14.21%	20.11%	17.03%
Cost of Revenue to Revenue	24.08%	24.07%	19.68%	23.70%	25.70%	26.59%	28.13%	30.10%	28.36%	28.49%
SG&A Expenses to Revenue	15.85%	16.89%	21.75%	10.54%	12.49%	13.01%	13.90%	13.67%	12.29%	12.61%
R&D to Revenue	6.09%	6.78%	7.59%	7.63%	7.41%	7.10%	8.08%	10.46%	11.42%	12.71%
Operating Expenses to Revenue	70.36%	76.97%	74.62%	44.53%	42.83%	42.23%	43.32%	53.75%	44.39%	47.85%
Earnings before Interest and Taxes (EBIT)	217	28	172	557	643	762	387	523	937	864
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	419	179	289	606	687	810	457	933	1,046	1,026
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.59	0.69	1.01	1.26	2.37	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	4.76	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.33	0.41	0.74	2.06	3.39	16.82	12.55	3.61	2.93	2.35
Price to Earnings (P/E)	8.96	0.00	8.01	5.70	15.30	247.73	134.80	31.83	15.14	14.81
Dividend Yield	0.00%	0.00%	0.00%	4.68%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	11.16%	0.00%	12.48%	17.55%	6.53%	0.40%	0.74%	3.14%	6.61%	6.75%
Enterprise Value to Invested Capital (EV/IC)	0.69	0.73	1.00	1.22	6.72	25.65	13.95	5.10	4.35	3.92
Enterprise Value to Revenue (EV/Rev)	0.50	0.49	1.00	2.38	5.06	18.11	13.59	4.63	3.82	3.17
Enterprise Value to EBITDA (EV/EBITDA)	3.87	8.52	11.42	6.79	15.13	53.45	88.81	15.84	12.27	10.77
Enterprise Value to EBIT (EV/EBIT)	7.49	54.45	19.13	7.39	16.14	56.88	104.88	28.25	13.71	12.78
Enterprise Value to NOPAT (EV/NOPAT)	11.38	0.00	3.27	7.68	16.56	62.37	44.18	29.91	16.69	17.13
Enterprise Value to Operating Cash Flow (EV/OCF)	4.00	15.03	7.91	4.16	16.03	54.93	44.44	28.11	14.32	11.84
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	6.70	0.00	9.53	4.21	78.79	0.00	29.21	18.08	14.08
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.79	0.78	0.67	0.62	0.73	-2.72	-20.19	-10.69	-201.45	-60.46
Long-Term Debt to Equity	0.77	0.77	0.66	0.62	0.73	-2.72	-19.68	-10.69	-201.45	-60.46
Financial Leverage	-0.02	0.04	0.07	0.01	-0.35	0.28	-3.86	-11.49	-16.48	-70.73
Leverage Ratio	2.21	2.29	2.09	1.93	2.02	4.51	-5.05	-16.71	-22.99	-108.47
Compound Leverage Factor	1.46	-6.63	0.81	1.60	1.67	3.74	-3.34	-12.06	-19.07	-88.38
Debt to Total Capital	44.03%	43.95%	40.00%	38.44%	42.29%	158.18%	105.21%	110.32%	100.50%	101.68%
Short-Term Debt to Total Capital	1.00%	0.55%	0.28%	0.23%	0.00%	0.00%	2.68%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	43.03%	43.40%	39.73%	38.21%	42.29%	158.18%	102.53%	110.32%	100.50%	101.68%
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	11.01%	4.78%	11.23%	13.18%	14.85%	0.07%	0.25%	0.03%	0.01%	0.00%
Common Equity to Total Capital	44.96%	51.26%	48.76%	48.37%	42.85%	-58.26%	-5.46%	-10.35%	-0.51%	-1.68%
Debt to EBITDA	4.22	8.95	6.91	3.73	4.21	4.74	8.61	4.11	3.67	3.75
Net Debt to EBITDA	0.26	0.34	1.01	-0.38	3.53	3.83	6.79	3.49	2.84	2.81
Long-Term Debt to EBITDA	4.12	8.83	6.86	3.70	4.21	4.74	8.39	4.11	3.67	3.75
Debt to NOPAT	12.40	-70.17	1.98	4.21	4.61	5.53	4.28	7.76	5.00	5.97
Net Debt to NOPAT	0.76	-2.68	0.29	-0.43	3.86	4.47	3.38	6.59	3.87	4.46
Long-Term Debt to NOPAT	12.12	-69.29	1.96	4.19	4.61	5.53	4.17	7.76	5.00	5.97
Altman Z-Score	1.34	1.37	1.58	1.76	2.11	3.36	2.87	0.19	0.72	0.66
Noncontrolling Interest Sharing Ratio	11.31%	14.37%	14.59%	20.20%	23.67%	40.20%	-0.69%	-1.84%	-0.39%	-0.58%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.53	2.58	2.66	3.13	3.67	2.04	1.04	1.59	2.39	2.54
Quick Ratio	2.30	2.30	2.43	2.87	0.58	1.75	0.87	1.39	2.20	2.36
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-365	228	-170	432	2,469	550	-301	506	710	785
Operating Cash Flow to CapEx	653.79%	0.00%	551.75%	3,147.20%	1,660.02%	1,860.85%	1,141.04%	1,070.10%	1,330.31%	1,844.12%
Free Cash Flow to Firm to Interest Expense	-4.96	2.09	-1.61	4.57	22.24	4.21	-2.30	3.48	4.44	4.90
Operating Cash Flow to Interest Expense	5.51	0.93	3.96	10.45	5.84	6.04	6.99	3.61	5.61	5.83
Operating Cash Flow Less CapEx to Interest Expense	4.67	1.65	3.24	10.12	5.49	5.71	6.38	3.27	5.19	5.51
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.68	0.64	0.63	0.27	0.27	0.42	0.74	0.69	0.77	0.78
Accounts Receivable Turnover	13.29	13.36	12.62	5.93	10.37	18.87	18.33	16.76	13.72	11.16
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	10.68	10.31	10.64	5.46	9.77	22.90	22.01	18.79	18.15	19.73
Accounts Payable Turnover	9.26	10.09	9.34	5.41	11.09	25.75	25.03	37.23	70.97	63.04
Days Sales Outstanding (DSO)	27.46	27.33	28.92	61.53	35.20	19.35	19.91	21.77	26.61	32.71
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)	39.41	36.16	39.09	67.43	32.92	14.18	14.58	9.80	5.14	5.79
Cash Conversion Cycle (CCC)	-11.95	-8.83	-10.16	-5.90	2.28	5.17	5.33	11.97	21.47	26.92
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,355	2,105	3,282	3,386	1,544	1,689	2,908	2,896	2,955	2,815
Invested Capital Turnover	1.54	1.41	1.23	0.52	0.83	1.48	1.30	1.10	1.15	1.21
Increase / (Decrease) in Invested Capital	508	-250	1,177	104	-1,842	145	1,219	-12	59	-140
Enterprise Value (EV)	1,621	1,526	3,295	4,115	10,384	43,317	40,549	14,777	12,838	11,044
Market Capitalization	1,070	1,290	2,443	3,572	6,946	40,214	37,438	11,521	9,863	8,165
Book Value per Share	$21.74	$23.57	$29.64	$34.04	$34.61	($5.32)	($0.72)	($1.29)	($0.07)	($0.25)
Tangible Book Value per Share	($10.63)	($5.18)	($9.67)	($6.17)	$17.26	($10.96)	($11.97)	($10.98)	($9.82)	($10.31)
Total Capital	4,013	3,646	4,983	5,877	6,832	2,428	3,735	3,477	3,823	3,785
Total Debt	1,767	1,602	1,993	2,259	2,890	3,841	3,929	3,836	3,842	3,849
Total Long-Term Debt	1,727	1,582	1,979	2,246	2,890	3,841	3,829	3,836	3,842	3,849
Net Debt	109	61	292	-231	2,424	3,102	3,102	3,255	2,974	2,878
Capital Expenditures (CapEx)	62	-78	76	31	39	42	80	49	67	51
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-304	-269	-297	-362	2,232	-219	-677	-255	-129	-122
Debt-free Net Working Capital (DFNWC)	1,216	1,149	1,339	1,893	2,698	520	150	326	740	848
Net Working Capital (NWC)	1,176	1,129	1,325	1,879	2,698	520	50	326	740	848
Net Nonoperating Expense (NNE)	29	-6.69	650	-222	61	473	641	134	118	93
Net Nonoperating Obligations (NNO)	109	61	292	-231	-2,399	3,102	3,102	3,255	2,974	2,878
Total Depreciation and Amortization (D&A)	202	151	116	49	43	49	70	410	110	162
Debt-free, Cash-free Net Working Capital to Revenue	-9.41%	-8.57%	-8.97%	-20.95%	108.82%	-9.16%	-22.70%	-8.00%	-3.84%	-3.52%
Debt-free Net Working Capital to Revenue	37.65%	36.60%	40.49%	109.43%	131.52%	21.75%	5.02%	10.22%	21.98%	24.38%
Net Working Capital to Revenue	36.41%	35.97%	40.08%	108.63%	131.52%	21.75%	1.67%	10.22%	21.98%	24.38%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.09	($0.39)	$2.88	$5.67	$3.86	$0.58	$1.01	$1.28	$2.36	$2.12
Adjusted Weighted Average Basic Shares Outstanding	110.07M	103.01M	109.53M	111.02M	112.32M	268.97M	285.15M	279.32M	268.01M	250.43M
Adjusted Diluted Earnings per Share	$1.00	($0.39)	$2.40	$4.97	$3.40	$0.49	$0.93	$1.24	$2.26	$2.02
Adjusted Weighted Average Diluted Shares Outstanding	110.07M	103.01M	109.53M	111.02M	112.32M	268.97M	285.15M	279.32M	268.01M	250.43M
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
Adjusted Weighted Average Basic & Diluted Shares Outstanding	110.07M	103.01M	109.53M	111.02M	112.32M	268.97M	285.15M	279.32M	268.01M	250.43M
Normalized Net Operating Profit after Tax (NOPAT)	154	170	132	536	627	695	596	494	769	645
Normalized NOPAT Margin	4.76%	5.41%	3.99%	30.99%	30.58%	29.05%	19.98%	15.49%	22.86%	18.53%
Pre Tax Income Margin	4.42%	-2.58%	2.02%	26.73%	25.96%	26.39%	8.59%	11.84%	23.09%	20.24%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.94	0.26	1.64	5.89	5.80	5.83	2.96	3.59	5.86	5.40
NOPAT to Interest Expense	1.94	-0.21	9.57	5.67	5.65	5.32	7.03	3.39	4.81	4.03
EBIT Less CapEx to Interest Expense	2.10	0.97	0.92	5.56	5.44	5.51	2.35	3.26	5.44	5.08
NOPAT Less CapEx to Interest Expense	1.09	0.51	8.85	5.34	5.30	4.99	6.42	3.06	4.39	3.71
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	128.25%	16.96%	5.64%	15.19%	0.29%	7.14%	0.53%	2.93%	0.29%	0.23%
Augmented Payout Ratio	325.33%	16.96%	21.40%	32.80%	38.48%	67.10%	319.53%	138.94%	84.13%	136.76%

This table displays calculated financial ratios and metrics derived from IAC's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.96%	96.61%	0.00%	4.41%	8.90%	-45.34%	9.21%	4.16%	1.57%	-0.70%
EBITDA Growth	12.93%	754.39%	135.13%	3.33%	19.73%	-72.92%	0.33%	1.22%	2.11%	-10.06%
EBIT Growth	17.41%	608.11%	130.47%	4,655.91%	18.08%	-72.84%	-3.70%	-1.46%	-13.40%	-10.63%
NOPAT Growth	-20.57%	513.21%	131.78%	2,442.25%	23.19%	-73.30%	0.37%	-5.74%	-14.34%	-32.66%
Net Income Growth	-2.01%	665.38%	117.49%	524.36%	27.67%	-75.92%	2.11%	-2.93%	-16.66%	-31.09%
EPS Growth	2.33%	152.54%	-30.00%	536.36%	29.55%	154.84%	4.76%	0.00%	-10.53%	-25.32%
Operating Cash Flow Growth	-11.27%	-8.28%	-48.22%	198.55%	3.68%	22.59%	135.99%	-38.44%	-8.89%	-7.75%
Free Cash Flow Firm Growth	152.84%	195.37%	106.16%	-56.88%	-83.20%	-79.45%	168.83%	-3.13%	-34.63%	54.06%
Invested Capital Growth	-19.89%	-0.41%	1.80%	-1.54%	1.70%	2.03%	-3.73%	-1.67%	2.44%	-4.74%
Revenue Q/Q Growth	1.89%	95.76%	-50.33%	5.39%	6.27%	-1.74%	-48.01%	0.51%	3.64%	-3.94%
EBITDA Q/Q Growth	-1.27%	372.51%	-79.64%	8.81%	14.40%	6.88%	-80.54%	9.77%	15.40%	-5.86%
EBIT Q/Q Growth	4,545.95%	358.66%	-79.35%	8.20%	15.23%	5.50%	-82.71%	10.73%	1.26%	8.88%
NOPAT Q/Q Growth	2,273.53%	549.04%	-85.19%	12.11%	14.32%	40.68%	-86.83%	5.30%	3.88%	10.59%
Net Income Q/Q Growth	496.31%	643.72%	-87.35%	13.80%	19.23%	40.26%	-88.67%	8.18%	2.37%	15.97%
EPS Q/Q Growth	500.00%	-29.55%	35.48%	14.29%	18.75%	38.60%	-44.30%	9.09%	6.25%	15.69%
Operating Cash Flow Q/Q Growth	231.96%	-19.70%	-46.55%	74.00%	38.82%	-5.05%	2.89%	-54.61%	105.44%	-3.86%
Free Cash Flow Firm Q/Q Growth	72.45%	19.35%	-90.51%	120.71%	-32.82%	45.98%	-75.85%	-20.47%	-54.66%	244.04%
Invested Capital Q/Q Growth	-6.23%	4.10%	0.99%	-0.14%	-3.14%	4.45%	-4.71%	2.01%	0.91%	-2.88%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	69.49%	85.11%	69.51%	69.83%	71.01%	75.97%	70.13%	71.65%	71.73%	72.52%
EBITDA Margin	28.81%	69.54%	28.50%	29.43%	31.68%	34.46%	26.19%	28.60%	31.84%	31.21%
Operating Margin	26.02%	61.66%	25.19%	25.89%	27.63%	30.04%	21.49%	23.67%	23.52%	25.97%
EBIT Margin	26.31%	61.63%	25.62%	26.31%	28.52%	30.63%	22.59%	24.89%	24.32%	27.56%
Profit (Net Income) Margin	15.84%	60.19%	15.33%	16.56%	18.57%	26.52%	14.34%	15.43%	15.24%	18.40%
Tax Burden Percent	72.82%	101.64%	74.35%	76.95%	77.58%	102.13%	80.10%	76.18%	76.83%	80.12%
Interest Burden Percent	82.71%	96.09%	80.49%	81.79%	83.94%	84.77%	79.22%	81.38%	81.58%	83.32%
Effective Tax Rate	27.18%	-1.88%	25.65%	23.05%	22.42%	-2.13%	19.90%	23.82%	23.17%	19.88%
Return on Invested Capital (ROIC)	14.60%	69.03%	25.69%	27.15%	31.20%	35.29%	20.61%	21.61%	22.00%	25.10%
ROIC Less NNEP Spread (ROIC-NNEP)	13.89%	67.73%	24.84%	26.29%	30.43%	34.13%	19.81%	20.88%	21.17%	24.39%
Return on Net Nonoperating Assets (RNNOA)	-128.47%	-777.86%	-340.38%	-272.14%	-201.61%	-562.49%	-277.00%	-413.96%	-334.03%	-1,725.28%
Return on Equity (ROE)	-113.87%	-708.82%	-314.69%	-244.99%	-170.41%	-527.20%	-256.39%	-392.34%	-312.03%	-1,700.18%
Cash Return on Invested Capital (CROIC)	16.93%	17.43%	43.23%	51.72%	52.17%	24.28%	30.60%	27.89%	23.16%	27.20%
Operating Return on Assets (OROA)	14.40%	42.51%	22.03%	24.73%	28.53%	23.71%	18.04%	19.84%	19.54%	21.38%
Return on Assets (ROA)	8.67%	41.52%	13.19%	15.57%	18.58%	20.53%	11.45%	12.30%	12.25%	14.27%
Return on Common Equity (ROCE)	-115.33%	-721.86%	-315.35%	-245.48%	-170.63%	-529.25%	-256.47%	-393.03%	-312.39%	-1,709.98%
Return on Equity Simple (ROE_SIMPLE)	109.07%	0.00%	-349.92%	-753.25%	-459.44%	0.00%	-606.64%	-499.07%	-703.43%	0.00%
Net Operating Profit after Tax (NOPAT)	153	995	147	165	189	266	148	156	162	179
NOPAT Margin	18.95%	62.82%	18.73%	19.92%	21.43%	30.69%	17.21%	18.03%	18.07%	20.81%
Net Nonoperating Expense Percent (NNEP)	0.72%	1.31%	0.86%	0.86%	0.76%	1.16%	0.80%	0.74%	0.83%	0.71%
Return On Investment Capital (ROIC_SIMPLE)	-	28.63%	-	-	-	6.95%	-	-	-	4.73%
Cost of Revenue to Revenue	30.51%	14.89%	30.49%	30.17%	28.99%	24.03%	29.87%	28.35%	28.27%	27.48%
SG&A Expenses to Revenue	14.10%	6.96%	11.51%	12.98%	12.15%	12.49%	12.36%	13.23%	11.61%	13.30%
R&D to Revenue	10.86%	5.08%	12.47%	11.37%	10.68%	11.26%	13.46%	13.14%	11.58%	12.69%
Operating Expenses to Revenue	43.47%	23.45%	44.32%	43.93%	43.38%	45.93%	48.64%	47.98%	48.21%	46.55%
Earnings before Interest and Taxes (EBIT)	213	977	202	218	251	265	194	215	218	237
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	233	1,102	224	244	279	298	225	247	285	268
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	5.61	3.61	2.70	2.91	2.67	2.93	2.87	2.32	2.80	2.35
Price to Earnings (P/E)	0.00	31.83	9.14	8.68	7.91	15.14	15.08	12.42	15.67	14.81
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	3.14%	10.94%	11.52%	12.64%	6.61%	6.63%	8.05%	6.38%	6.75%
Enterprise Value to Invested Capital (EV/IC)	6.11	5.10	4.78	5.05	4.96	4.35	4.54	3.86	4.40	3.92
Enterprise Value to Revenue (EV/Rev)	7.05	4.63	3.52	3.68	3.43	3.82	3.72	3.19	3.66	3.17
Enterprise Value to EBITDA (EV/EBITDA)	0.00	15.84	7.79	8.18	7.58	12.27	12.21	10.55	12.07	10.77
Enterprise Value to EBIT (EV/EBIT)	0.00	28.25	10.08	9.16	8.51	13.71	13.76	11.96	14.28	12.78
Enterprise Value to NOPAT (EV/NOPAT)	0.00	29.91	10.71	9.99	9.28	16.69	16.63	14.59	17.40	17.13
Enterprise Value to Operating Cash Flow (EV/OCF)	31.12	28.11	33.81	17.65	16.58	14.32	12.06	11.30	13.36	11.84
Enterprise Value to Free Cash Flow (EV/FCFF)	32.09	29.21	11.16	9.69	9.58	18.08	14.56	13.71	19.22	14.08
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-5.55	-10.69	-11.47	-21.63	-12.84	-201.45	-35.70	-29.56	-43.47	-60.46
Long-Term Debt to Equity	-5.49	-10.69	-11.47	-21.63	-12.84	-201.45	-35.70	-29.56	-43.47	-60.46
Financial Leverage	-9.25	-11.49	-13.70	-10.35	-6.62	-16.48	-13.98	-19.83	-15.78	-70.73
Leverage Ratio	-11.62	-16.71	-20.27	-13.55	-8.18	-22.99	-19.47	-28.31	-22.39	-108.47
Compound Leverage Factor	-9.61	-16.05	-16.31	-11.08	-6.87	-19.49	-15.42	-23.04	-18.26	-90.37
Debt to Total Capital	121.96%	110.32%	109.55%	104.85%	108.44%	100.50%	102.88%	103.50%	102.35%	101.68%
Short-Term Debt to Total Capital	1.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	120.57%	110.32%	109.55%	104.85%	108.44%	100.50%	102.88%	103.50%	102.35%	101.68%
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	0.03%	0.03%	0.00%	0.01%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-21.99%	-10.35%	-9.55%	-4.86%	-8.45%	-0.51%	-2.89%	-3.51%	-2.36%	-1.68%
Debt to EBITDA	-11.49	4.11	2.14	2.13	2.08	3.67	3.67	3.66	3.64	3.75
Net Debt to EBITDA	-10.31	3.49	1.81	1.72	1.69	2.84	2.79	2.86	2.83	2.81
Long-Term Debt to EBITDA	-11.36	4.11	2.14	2.13	2.08	3.67	3.67	3.66	3.64	3.75
Debt to NOPAT	-24.06	7.76	2.94	2.60	2.54	5.00	5.00	5.07	5.25	5.97
Net Debt to NOPAT	-21.59	6.59	2.50	2.10	2.07	3.87	3.80	3.96	4.08	4.46
Long-Term Debt to NOPAT	-23.79	7.76	2.94	2.60	2.54	5.00	5.00	5.07	5.25	5.97
Altman Z-Score	-0.23	0.54	0.08	0.38	0.32	0.23	0.21	0.04	0.33	0.20
Noncontrolling Interest Sharing Ratio	-1.29%	-1.84%	-0.21%	-0.20%	-0.13%	-0.39%	-0.03%	-0.18%	-0.12%	-0.58%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.17	1.59	1.72	2.11	1.96	2.39	2.41	2.51	2.49	2.54
Quick Ratio	0.95	1.39	1.51	1.90	1.76	2.20	2.21	2.28	2.26	2.36
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	844	1,007	96	211	142	207	257	204	93	319
Operating Cash Flow to CapEx	2,534.22%	2,094.84%	606.70%	1,189.27%	2,314.79%	1,587.62%	1,648.50%	1,017.80%	2,021.52%	3,366.06%
Free Cash Flow to Firm to Interest Expense	22.93	26.36	2.43	5.31	3.51	5.12	6.37	5.11	2.31	8.06
Operating Cash Flow to Interest Expense	7.62	5.89	3.06	5.27	7.20	6.83	7.04	3.22	6.60	6.44
Operating Cash Flow Less CapEx to Interest Expense	7.32	5.61	2.56	4.83	6.89	6.40	6.61	2.90	6.28	6.25
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.55	0.69	0.86	0.94	1.00	0.77	0.80	0.80	0.80	0.78
Accounts Receivable Turnover	13.52	16.76	18.18	17.65	17.66	13.72	14.26	11.64	11.10	11.16
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	15.17	18.79	22.40	22.29	22.50	18.15	18.33	18.65	19.21	19.73
Accounts Payable Turnover	42.58	37.23	52.93	83.88	75.23	70.97	54.56	76.54	49.79	63.04
Days Sales Outstanding (DSO)	27.00	21.77	20.08	20.69	20.67	26.61	25.59	31.36	32.89	32.71
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)	8.57	9.80	6.90	4.35	4.85	5.14	6.69	4.77	7.33	5.79
Cash Conversion Cycle (CCC)	18.42	11.97	13.18	16.33	15.82	21.47	18.90	26.59	25.56	26.92
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,782	2,896	2,924	2,921	2,829	2,955	2,815	2,872	2,898	2,815
Invested Capital Turnover	0.77	1.10	1.37	1.36	1.46	1.15	1.20	1.20	1.22	1.21
Increase / (Decrease) in Invested Capital	-691	-12	52	-46	47	59	-109	-49	69	-140
Enterprise Value (EV)	16,994	14,777	13,982	14,752	14,022	12,838	12,784	11,073	12,745	11,044
Market Capitalization	13,513	11,521	10,723	11,654	10,894	9,863	9,861	8,071	9,759	8,165
Book Value per Share	($2.47)	($1.29)	($1.20)	($0.64)	($1.08)	($0.07)	($0.41)	($0.49)	($0.34)	($0.25)
Tangible Book Value per Share	($11.76)	($10.98)	($10.71)	($10.08)	($10.35)	($9.82)	($10.09)	($10.02)	($10.27)	($10.31)
Total Capital	3,180	3,477	3,503	3,661	3,542	3,823	3,736	3,715	3,759	3,785
Total Debt	3,878	3,836	3,837	3,839	3,841	3,842	3,844	3,846	3,847	3,849
Total Long-Term Debt	3,834	3,836	3,837	3,839	3,841	3,842	3,844	3,846	3,847	3,849
Net Debt	3,480	3,255	3,259	3,098	3,128	2,974	2,923	3,002	2,986	2,878
Capital Expenditures (CapEx)	11	11	20	18	13	17	17	13	13	7.57
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-250	-255	-180	-146	-165	-129	-190	-70	-68	-122
Debt-free Net Working Capital (DFNWC)	148	326	399	595	548	740	731	774	792	848
Net Working Capital (NWC)	104	326	399	595	548	740	731	774	792	848
Net Nonoperating Expense (NNE)	25	42	27	28	25	36	25	22	25	21
Net Nonoperating Obligations (NNO)	3,480	3,255	3,259	3,098	3,128	2,974	2,923	3,002	2,986	2,878
Total Depreciation and Amortization (D&A)	20	125	23	26	28	33	31	32	67	31
Debt-free, Cash-free Net Working Capital to Revenue	-10.38%	-8.00%	-4.52%	-3.64%	-4.03%	-3.84%	-5.52%	-2.02%	-1.96%	-3.52%
Debt-free Net Working Capital to Revenue	6.14%	10.22%	10.02%	14.83%	13.42%	21.98%	21.27%	22.28%	22.74%	24.38%
Net Working Capital to Revenue	4.31%	10.22%	10.02%	14.83%	13.42%	21.98%	21.27%	22.28%	22.74%	24.38%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.46	$0.30	$0.43	$0.49	$0.59	$0.85	$0.46	$0.50	$0.53	$0.63
Adjusted Weighted Average Basic Shares Outstanding	279.31M	279.32M	278.46M	278.09M	271.81M	268.01M	265.67M	257.90M	251.09M	250.43M
Adjusted Diluted Earnings per Share	$0.44	$0.31	$0.42	$0.48	$0.57	$0.79	$0.44	$0.48	$0.51	$0.59
Adjusted Weighted Average Diluted Shares Outstanding	279.31M	279.32M	278.46M	278.09M	271.81M	268.01M	265.67M	257.90M	251.09M	250.43M
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
Adjusted Weighted Average Basic & Diluted Shares Outstanding	279.31M	279.32M	278.46M	278.09M	271.81M	268.01M	265.67M	257.90M	251.09M	250.43M
Normalized Net Operating Profit after Tax (NOPAT)	153	684	147	165	189	182	148	156	162	179
Normalized NOPAT Margin	18.95%	43.16%	18.73%	19.92%	21.43%	21.03%	17.21%	18.03%	18.07%	20.81%
Pre Tax Income Margin	21.76%	59.22%	20.62%	21.52%	23.94%	25.96%	17.90%	20.25%	19.84%	22.97%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.78	25.56	5.13	5.49	6.23	6.56	4.81	5.37	5.43	5.99
NOPAT to Interest Expense	4.17	26.05	3.75	4.16	4.68	6.58	3.67	3.89	4.03	4.52
EBIT Less CapEx to Interest Expense	5.48	25.28	4.62	5.05	5.92	6.13	4.39	5.05	5.10	5.80
NOPAT Less CapEx to Interest Expense	3.87	25.77	3.24	3.72	4.37	6.15	3.24	3.57	3.71	4.33
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-1.38%	2.93%	0.15%	0.14%	0.14%	0.29%	0.16%	0.11%	0.21%	0.23%
Augmented Payout Ratio	-181.22%	138.94%	51.59%	32.68%	32.49%	84.13%	95.31%	121.42%	117.71%	136.76%

Frequently Asked Questions About IAC's Financials

When does IAC's fiscal year end?

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

How has IAC's net income changed over the last 9 years?

IAC's net income appears to be on an upward trend, with a most recent value of $551.31 million in 2024, rising from $113.37 million in 2015. The previous period was $651.47 million in 2023.

What is IAC's operating income?

IAC's total operating income in 2024 was $823.31 million, based on the following breakdown:

Total Gross Profit: $2.49 billion
Total Operating Expenses: $1.66 billion

How has IAC revenue changed over the last 9 years?

Over the last 9 years, IAC's total revenue changed from $3.23 billion in 2015 to $3.48 billion in 2024, a change of 7.7%.

How much debt does IAC have?

IAC's total liabilities were at $4.53 billion at the end of 2024, a 0.1% increase from 2023, and a 53.9% increase since 2015.

How much cash does IAC have?

In the past 9 years, IAC's cash and equivalents has ranged from $465.68 million in 2019 to $2.13 billion in 2018, and is currently $965.99 million as of their latest financial filing in 2024.

How has IAC's book value per share changed over the last 9 years?

Over the last 9 years, IAC's book value per share changed from 21.74 in 2015 to -0.25 in 2024, a change of -101.2%.

Remove Ads

Related Companies

This page (NASDAQ:IAC) was last updated on 4/15/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

IAC (IAC) Financials

Frequently Asked Questions About IAC's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

IAC (IAC) Financials

Annual Income Statements for IAC

Quarterly Income Statements for IAC

Annual Cash Flow Statements for IAC

Quarterly Cash Flow Statements for IAC

Annual Balance Sheets for IAC

Quarterly Balance Sheets for IAC

Annual Metrics and Ratios for IAC

Quarterly Metrics and Ratios for IAC

Frequently Asked Questions About IAC's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools