Ziff Davis (ZD) Financials

$31.40 -0.59 (-1.84%)

Closing price 04:00 PM Eastern

Extended Trading

$31.40 0.00 (-0.02%)

As of 04:14 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	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	124	134	152	139	129	219	151	497	64	42	63
Consolidated Net Income / (Loss)	125	134	152	139	129	219	151	497	64	42	63
Net Income / (Loss) Continuing Operations	125	134	152	139	129	41	29	401	65	42	63
Total Pre-Tax Income	155	157	211	200	178	55	78	351	131	75	93
Total Operating Income	186	199	243	246	244	88	138	167	199	133	114
Total Gross Profit	493	598	727	946	1,006	863	980	1,229	1,206	1,178	1,201
Total Revenue	599	721	874	1,118	1,207	1,050	1,159	1,417	1,391	1,364	1,402
Operating Revenue	599	721	874	1,118	1,207	1,050	1,159	1,417	1,391	1,364	1,402
Total Cost of Revenue	106	123	147	172	201	187	178	188	185	186	200
Operating Cost of Revenue	106	123	147	172	201	187	178	188	185	186	200
Total Operating Expenses	307	398	485	700	762	775	842	1,061	1,008	1,046	1,088
Selling, General & Admin Expense	134	205	240	324	375	403	419	457	182	196	203
Marketing Expense	142	159	207	330	338	328	366	493	491	487	520
Research & Development Expense	31	34	38	46	48	45	57	79	74	69	67
Depreciation Expense	-	-	-	-	-	-	-	-	233	237	212
Impairment Charge	-	-	-	-	-	0.00	0.00	33	27	57	85
Total Other Income / (Expense), net	-31	-42	-31	-46	-67	-33	-60	184	-68	-58	-20
Interest Expense	31	42	41	68	62	27	56	77	-12	0.00	0.00
Interest & Investment Income	-	-	-	-	-0.07	-4.21	-21	-17	-88	-48	-22
Other Income / (Expense), net	0.17	-0.01	10	22	-4.63	-2.31	17	278	8.44	-9.47	1.19
Income Tax Expense	30	23	59	61	45	14	38	-14	58	24	41
Other Gains / (Losses), net	-	-	0.00	0.00	-4.14	-0.17	-11	36	-7.73	-9.33	11
Net Income / (Loss) Discontinued Operations	-	-	-	-	-	178	122	95	-1.71	0.00	0.00
Basic Earnings per Share	$2.60	$2.76	$3.15	$2.89	$2.64	$4.52	$3.24	$10.81	$1.36	$0.89	$1.42
Weighted Average Basic Shares Outstanding	46.78M	47.63M	47.67M	47.59M	47.95M	47.65M	46.31M	45.89M	46.95M	46.40M	44.46M
Diluted Earnings per Share	$2.58	$2.73	$3.13	$2.83	$2.59	$4.39	$3.18	$10.37	$1.36	$0.89	$1.42
Weighted Average Diluted Shares Outstanding	47.11M	48.09M	47.96M	48.67M	48.93M	49.03M	47.12M	47.86M	47.03M	46.46M	44.52M
Weighted Average Basic & Diluted Shares Outstanding	47.80M	48.40M	48.40M	48.20M	48.70M	48.71M	45.17M	47.27M	47.26M	46.07M	42.85M

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

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

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

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	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	1,705	1,784	2,062	2,453	2,561	3,506	3,665	3,770	3,533	3,471	3,704
Total Current Assets	646	483	348	620	460	887	623	1,301	1,084	1,191	1,272
Cash & Equivalents	434	256	124	351	209	576	176	695	653	738	506
Short-Term Investments	96	80	-	-	-	0.00	0.66	229	58	27	0.00
Accounts Receivable	92	115	200	234	222	262	310	316	305	338	660
Prepaid Expenses	23	26	24	35	29	49	52	60	68	89	106
Plant, Property, & Equipment, net	38	57	68	80	99	128	132	161	178	188	197
Total Noncurrent Assets	727	1,243	1,646	1,753	2,002	2,491	2,911	2,308	2,080	2,092	2,235
Long-Term Investments	61	79	0.00	58	84	100	97	123	128	141	158
Goodwill	636	808	1,123	1,197	1,380	1,633	1,525	1,531	1,591	1,546	1,580
Intangible Assets	18	353	512	486	526	557	697	573	272	325	426
Noncurrent Deferred & Refundable Income Taxes	0.00	0.00	5.29	-	0.00	60	12	5.92	8.52	8.73	7.49
Other Noncurrent Operating Assets	13	4.61	6.45	13	11	141	96	76	80	71	63
Total Liabilities & Shareholders' Equity	1,705	1,784	2,062	2,453	2,561	3,506	3,665	3,770	3,533	3,471	3,704
Total Liabilities	885	894	1,148	1,433	1,525	2,195	2,454	1,803	1,641	1,578	1,893
Total Current Liabilities	159	197	454	265	307	833	883	497	432	432	900
Accounts Payable	95	114	178	170	167	238	198	131	121	217	671
Current Deferred Revenue	63	76	80	95	128	163	166	186	188	185	200
Current Deferred & Payable Income Tax Liabilities	0.34	5.95	17	0.00	13	18	30	3.15	20	14	20
Other Current Liabilities	-	-	0.06	0.01	0.32	29	30	27	22	16	9.50
Total Noncurrent Liabilities	726	697	694	1,168	1,218	1,362	1,572	1,305	1,208	1,146	994
Long-Term Debt	593	592	602	1,002	1,013	1,063	1,182	1,036	999	1,001	864
Noncurrent Deferred Revenue	10	6.54	1.59	44	25	24	26	27	21	17	5.50
Noncurrent Deferred & Payable Income Tax Liabilities	100	80	87	90	129	160	210	152	119	82	76
Other Noncurrent Operating Liabilities	22	18	3.48	31	51	114	115	91	69	47	48
Total Equity & Noncontrolling Interests	820	890	915	1,020	1,036	1,311	1,211	1,968	1,893	1,893	1,811
Total Preferred & Common Equity	820	890	915	1,020	1,036	1,311	1,211	1,968	1,893	1,893	1,811
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	820	890	915	1,020	1,036	1,311	1,211	1,968	1,893	1,893	1,811
Common Stock	274	293	309	326	355	466	457	510	440	473	492
Retained Earnings	554	627	660	723	770	892	809	1,515	1,538	1,492	1,401
Accumulated Other Comprehensive Income / (Loss)	-7.13	-29	-55	-29	-46	-46	-55	-57	-85	-72	-82
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 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	3,433	3,527	3,469	3,383	3,727	3,664	3,419
Total Current Assets	975	1,107	1,075	1,064	1,293	1,231	951
Cash & Equivalents	622	722	679	661	735	687	386
Short-Term Investments	55	39	36	30	16	0.00	0.00
Accounts Receivable	232	278	286	291	447	450	471
Prepaid Expenses	66	68	74	82	95	94	94
Plant, Property, & Equipment, net	171	187	192	186	191	192	197
Total Noncurrent Assets	2,287	2,233	2,202	2,133	2,243	2,240	2,271
Long-Term Investments	124	116	114	140	140	152	153
Goodwill	1,580	1,598	1,600	1,540	1,625	1,626	1,573
Intangible Assets	498	433	402	368	401	386	471
Noncurrent Deferred & Refundable Income Taxes	7.64	8.46	8.56	8.57	8.73	8.75	8.62
Other Noncurrent Operating Assets	76	78	78	77	69	67	66
Total Liabilities & Shareholders' Equity	3,433	3,527	3,469	3,383	3,727	3,664	3,419
Total Liabilities	1,639	1,632	1,607	1,579	1,825	1,794	1,667
Total Current Liabilities	416	441	436	419	663	644	667
Accounts Payable	213	144	127	128	360	368	371
Accrued Expenses	-	64	53	47	44	28	37
Current Deferred Revenue	180	201	189	183	200	198	204
Current Deferred & Payable Income Tax Liabilities	-	-	11	4.99	18	6.70	10
Current Employee Benefit Liabilities	-	32	34	37	26	30	34
Other Current Liabilities	23	-	23	20	15	12	11
Total Noncurrent Liabilities	1,223	1,191	1,171	1,160	1,162	1,150	1,000
Long-Term Debt	998	1,000	1,000	1,001	1,002	1,002	864
Noncurrent Deferred Revenue	20	8.86	17	16	16	6.82	7.51
Noncurrent Deferred & Payable Income Tax Liabilities	128	68	58	51	65	66	54
Other Noncurrent Operating Liabilities	76	115	95	91	79	74	75
Total Equity & Noncontrolling Interests	1,794	1,895	1,863	1,804	1,902	1,870	1,752
Total Preferred & Common Equity	1,794	1,895	1,863	1,804	1,902	1,870	1,752
Preferred Stock	0.00	-	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,794	1,895	1,863	1,804	1,902	1,870	1,752
Common Stock	433	445	449	463	476	477	481
Retained Earnings	1,470	1,531	1,493	1,427	1,504	1,472	1,335
Accumulated Other Comprehensive Income / (Loss)	-109	-81	-80	-86	-78	-78	-63
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	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	15.02%	20.33%	21.29%	27.86%	8.00%	-12.99%	10.32%	22.25%	-1.82%	-1.94%	2.76%
EBITDA Growth	25.13%	17.99%	27.52%	14.82%	-0.80%	-24.24%	24.32%	70.48%	-37.36%	-18.30%	-9.26%
EBIT Growth	13.67%	6.98%	26.80%	5.91%	-10.49%	-64.15%	81.02%	186.33%	-53.43%	-40.62%	-6.75%
NOPAT Growth	13.78%	12.90%	2.99%	-2.04%	6.65%	-63.83%	6.88%	146.52%	-36.23%	-19.02%	-29.71%
Net Income Growth	16.56%	6.63%	14.07%	-8.54%	-7.70%	70.03%	-31.14%	229.67%	-87.16%	-34.90%	51.91%
EPS Growth	13.16%	5.81%	14.65%	-9.58%	-8.48%	70.03%	-31.14%	226.10%	-86.89%	-34.56%	59.55%
Operating Cash Flow Growth	-8.32%	29.24%	23.28%	-6.36%	51.78%	2.79%	16.37%	7.59%	-34.87%	-4.90%	21.99%
Free Cash Flow Firm Growth	930.18%	-262.18%	11.92%	139.37%	-68.41%	-744.16%	140.89%	95.49%	24.56%	-114.25%	209.59%
Invested Capital Growth	-13.00%	102.68%	46.99%	2.70%	8.80%	18.71%	-1.76%	-1.74%	-7.46%	6.83%	1.13%
Revenue Q/Q Growth	5.11%	5.52%	5.68%	6.13%	2.52%	-19.97%	4.93%	23.56%	-0.85%	-0.50%	1.66%
EBITDA Q/Q Growth	11.70%	3.09%	5.55%	10.09%	0.00%	-32.09%	0.02%	164.69%	-39.34%	4.63%	2.08%
EBIT Q/Q Growth	8.61%	0.11%	6.38%	12.77%	-4.28%	-65.96%	-3.40%	1,951.59%	-57.67%	4.08%	16.58%
NOPAT Q/Q Growth	4.04%	2.16%	3.93%	-4.60%	11.43%	-66.97%	6.72%	1,608.11%	-35.65%	2.55%	-4.27%
Net Income Q/Q Growth	10.20%	2.07%	5.31%	5.06%	0.58%	49.46%	-30.12%	155.65%	-82.13%	-8.89%	1.07%
EPS Q/Q Growth	9.32%	2.25%	6.10%	4.81%	0.39%	49.46%	-30.12%	149.28%	-82.13%	-10.10%	0.00%
Operating Cash Flow Q/Q Growth	-7.00%	18.27%	3.43%	-1.65%	5.74%	-0.95%	4.54%	-6.82%	-11.35%	18.04%	20.39%
Free Cash Flow Firm Q/Q Growth	1,224.82%	-102.56%	-396.56%	157.73%	151.07%	-48.60%	-18.24%	152.46%	-54.36%	-135.62%	210.81%
Invested Capital Q/Q Growth	-25.85%	0.75%	40.44%	6.04%	5.17%	1.86%	3.35%	-15.86%	-6.51%	0.73%	-3.18%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	82.31%	82.94%	83.17%	84.59%	83.35%	82.17%	84.60%	86.73%	86.73%	86.39%	85.71%
EBITDA Margin	42.69%	41.85%	44.01%	39.52%	36.30%	31.60%	35.62%	49.67%	31.69%	26.40%	23.31%
Operating Margin	31.08%	27.66%	27.75%	21.98%	20.23%	8.40%	11.94%	11.81%	14.30%	9.72%	8.11%
EBIT Margin	31.11%	27.66%	28.92%	23.95%	19.85%	8.18%	13.42%	31.43%	14.91%	9.03%	8.19%
Profit (Net Income) Margin	20.92%	18.54%	17.44%	12.47%	10.66%	20.83%	13.00%	35.06%	4.58%	3.04%	4.50%
Tax Burden Percent	80.77%	85.16%	72.10%	69.72%	72.46%	399.13%	192.31%	141.37%	48.61%	55.36%	67.65%
Interest Burden Percent	83.26%	78.70%	83.64%	74.69%	74.10%	63.81%	50.38%	78.90%	63.24%	60.88%	81.15%
Effective Tax Rate	19.23%	14.84%	27.90%	30.28%	25.20%	25.10%	48.95%	-4.04%	44.19%	32.20%	44.39%
Return on Invested Capital (ROIC)	26.54%	21.28%	13.25%	10.76%	10.85%	3.44%	3.42%	8.58%	5.73%	4.67%	3.16%
ROIC Less NNEP Spread (ROIC-NNEP)	39.29%	84.59%	7.88%	5.66%	2.62%	23.91%	13.37%	81.88%	-724.89%	-145.12%	3.06%
Return on Net Nonoperating Assets (RNNOA)	-10.12%	-5.65%	3.64%	3.65%	1.67%	15.20%	8.53%	22.67%	-2.43%	-2.48%	0.24%
Return on Equity (ROE)	16.42%	15.63%	16.89%	14.41%	12.52%	18.65%	11.95%	31.25%	3.30%	2.19%	3.40%
Cash Return on Invested Capital (CROIC)	40.44%	-46.57%	-24.80%	8.09%	2.42%	-13.66%	5.19%	10.33%	13.49%	-1.93%	2.04%
Operating Return on Assets (OROA)	13.04%	11.43%	13.15%	11.86%	9.56%	2.83%	4.34%	11.98%	5.68%	3.52%	3.20%
Return on Assets (ROA)	8.77%	7.66%	7.93%	6.18%	5.13%	7.21%	4.20%	13.36%	1.75%	1.19%	1.76%
Return on Common Equity (ROCE)	16.42%	15.63%	16.89%	14.41%	12.52%	18.65%	11.95%	31.25%	3.30%	2.19%	3.40%
Return on Equity Simple (ROE_SIMPLE)	15.28%	15.01%	16.67%	13.67%	12.42%	16.69%	12.44%	25.24%	3.37%	2.19%	3.48%
Net Operating Profit after Tax (NOPAT)	150	170	175	171	183	66	71	174	111	90	63
NOPAT Margin	25.11%	23.56%	20.00%	15.33%	15.13%	6.29%	6.09%	12.29%	7.98%	6.59%	4.51%
Net Nonoperating Expense Percent (NNEP)	-12.75%	-63.31%	5.37%	5.10%	8.23%	-20.46%	-9.95%	-73.30%	730.62%	149.79%	0.10%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	3.84%	3.11%	2.36%
Cost of Revenue to Revenue	17.69%	17.06%	16.83%	15.41%	16.65%	17.83%	15.40%	13.27%	13.27%	13.61%	14.29%
SG&A Expenses to Revenue	22.40%	28.46%	27.41%	28.94%	31.08%	38.33%	36.12%	32.24%	13.07%	14.35%	14.52%
R&D to Revenue	5.12%	4.76%	4.35%	4.12%	4.01%	4.25%	4.93%	5.57%	5.33%	5.05%	4.81%
Operating Expenses to Revenue	51.22%	55.28%	55.43%	62.60%	63.11%	73.77%	72.67%	74.91%	72.43%	76.67%	77.60%
Earnings before Interest and Taxes (EBIT)	186	199	253	268	240	86	156	445	207	123	115
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	256	302	385	442	438	332	413	704	441	360	327
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.31	4.18	4.08	3.45	3.27	3.48	3.68	2.72	1.97	1.63	1.28
Price to Tangible Book Value (P/TBV)	16.25	0.00	0.00	0.00	0.00	0.00	0.00	0.00	127.22	143.53	0.00
Price to Revenue (P/Rev)	4.53	5.16	4.27	3.15	2.80	4.35	3.84	3.77	2.68	2.27	1.66
Price to Earnings (P/E)	21.83	27.85	24.50	25.24	26.30	20.87	29.56	10.76	58.55	74.45	36.84
Dividend Yield	1.93%	1.58%	1.75%	2.09%	2.45%	1.88%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.58%	3.59%	4.08%	3.96%	3.80%	4.79%	3.38%	9.29%	1.71%	1.34%	2.71%
Enterprise Value to Invested Capital (EV/IC)	5.15	3.65	2.80	2.55	2.34	2.56	2.81	2.68	2.09	1.60	1.25
Enterprise Value to Revenue (EV/Rev)	4.54	5.41	5.02	3.68	3.40	5.08	4.97	3.80	2.80	2.34	1.80
Enterprise Value to EBITDA (EV/EBITDA)	10.63	12.93	11.42	9.31	9.37	16.08	13.95	7.66	8.83	8.85	7.72
Enterprise Value to EBIT (EV/EBIT)	14.58	19.56	17.37	15.36	17.12	62.14	37.02	12.10	18.77	25.87	21.97
Enterprise Value to NOPAT (EV/NOPAT)	18.07	22.97	25.11	24.00	22.46	80.80	81.53	30.96	35.06	35.43	39.92
Enterprise Value to Operating Cash Flow (EV/OCF)	15.34	17.03	15.55	15.55	10.23	12.94	11.99	10.43	11.57	9.96	6.46
Enterprise Value to Free Cash Flow (EV/FCFF)	11.86	0.00	0.00	31.90	100.78	0.00	53.68	25.70	14.90	0.00	61.86
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.72	0.67	0.85	0.98	0.98	1.10	1.30	0.55	0.53	0.53	0.48
Long-Term Debt to Equity	0.72	0.67	0.66	0.98	0.98	0.81	0.98	0.53	0.53	0.53	0.48
Financial Leverage	-0.26	-0.07	0.46	0.65	0.64	0.64	0.64	0.28	0.00	0.02	0.08
Leverage Ratio	1.87	2.04	2.13	2.33	2.44	2.58	2.84	2.34	1.89	1.85	1.94
Compound Leverage Factor	1.56	1.61	1.78	1.74	1.81	1.65	1.43	1.85	1.20	1.13	1.57
Debt to Total Capital	41.99%	39.96%	46.05%	49.55%	49.45%	52.49%	56.59%	35.66%	34.55%	34.60%	32.31%
Short-Term Debt to Total Capital	0.02%	0.01%	10.55%	0.00%	0.00%	13.97%	14.22%	1.79%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	41.97%	39.94%	35.50%	49.55%	49.45%	38.52%	42.37%	33.88%	34.55%	34.60%	32.31%
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	58.01%	60.04%	53.95%	50.45%	50.55%	47.51%	43.41%	64.34%	65.45%	65.40%	67.69%
Debt to EBITDA	2.32	1.96	2.03	2.27	2.31	4.36	3.83	1.55	2.27	2.78	2.65
Net Debt to EBITDA	0.01	0.59	1.71	1.34	1.64	2.33	3.16	0.06	0.36	0.27	0.61
Long-Term Debt to EBITDA	2.32	1.96	1.56	2.27	2.31	3.20	2.86	1.47	2.27	2.78	2.65
Debt to NOPAT	3.95	3.49	4.46	5.85	5.55	21.92	22.36	6.26	9.00	11.14	13.68
Net Debt to NOPAT	0.02	1.05	3.75	3.46	3.94	11.69	18.47	0.25	1.44	1.06	3.17
Long-Term Debt to NOPAT	3.95	3.49	3.44	5.85	5.55	16.09	16.74	5.95	9.00	11.14	13.68
Altman Z-Score	3.35	3.96	3.17	2.88	2.60	2.00	1.77	3.36	2.78	2.55	1.87
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	4.05	2.46	0.77	2.34	1.50	1.06	0.71	2.62	2.51	2.76	1.41
Quick Ratio	3.90	2.29	0.71	2.21	1.40	1.01	0.55	2.49	2.35	2.55	1.30
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	229	-372	-327	129	41	-262	107	210	261	-37	41
Operating Cash Flow to CapEx	1,579.46%	1,324.28%	1,141.14%	667.81%	711.83%	584.43%	518.71%	454.14%	316.94%	294.27%	366.03%
Free Cash Flow to Firm to Interest Expense	7.35	-8.75	-7.91	1.90	0.66	-9.76	1.91	2.71	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	5.68	5.40	6.83	3.90	6.47	15.34	8.54	6.68	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	5.32	4.99	6.23	3.32	5.56	12.72	6.90	5.21	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.42	0.41	0.45	0.50	0.48	0.35	0.32	0.38	0.38	0.39	0.39
Accounts Receivable Turnover	7.54	6.99	5.56	5.15	5.30	4.34	4.06	4.53	4.48	4.25	2.81
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	17.26	15.07	13.93	15.12	13.52	9.27	8.94	9.68	8.20	7.45	7.27
Accounts Payable Turnover	1.29	1.17	1.01	0.99	1.20	0.93	0.82	1.14	1.47	1.10	0.45
Days Sales Outstanding (DSO)	48.42	52.25	65.66	70.87	68.90	84.01	90.00	80.63	81.49	85.96	129.93
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)	283.90	311.24	362.84	368.48	305.29	394.14	445.92	319.12	249.02	332.03	808.72
Cash Conversion Cycle (CCC)	-235.48	-258.99	-297.17	-297.61	-236.39	-310.14	-355.92	-238.50	-167.53	-246.08	-678.79
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	527	1,069	1,571	1,614	1,756	2,084	2,047	2,012	1,862	1,989	2,011
Invested Capital Turnover	1.06	0.90	0.66	0.70	0.72	0.55	0.56	0.70	0.72	0.71	0.70
Increase / (Decrease) in Invested Capital	-79	542	502	42	142	328	-37	-36	-150	127	22
Enterprise Value (EV)	2,718	3,900	4,392	4,112	4,104	5,339	5,758	5,390	3,893	3,185	2,523
Market Capitalization	2,715	3,721	3,735	3,519	3,384	4,567	4,454	5,346	3,733	3,090	2,323
Book Value per Share	$17.16	$18.35	$19.03	$21.08	$21.01	$26.91	$26.56	$40.81	$40.10	$41.17	$42.37
Tangible Book Value per Share	$3.49	($5.57)	($14.98)	($13.68)	($17.67)	($18.03)	($22.17)	($2.83)	$0.62	$0.47	($4.57)
Total Capital	1,414	1,483	1,695	2,022	2,049	2,760	2,790	3,058	2,892	2,894	2,675
Total Debt	594	592	781	1,002	1,013	1,448	1,579	1,091	999	1,001	864
Total Long-Term Debt	593	592	602	1,002	1,013	1,063	1,182	1,036	999	1,001	864
Net Debt	3.37	179	657	593	720	773	1,304	44	160	96	200
Capital Expenditures (CapEx)	11	17	25	40	56	71	93	114	106	109	107
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-43	-49	-51	4.38	-56	-136	-40	-66	-59	-5.56	-133
Debt-free Net Working Capital (DFNWC)	487	286	73	355	153	439	137	858	652	759	372
Net Working Capital (NWC)	487	286	-106	355	153	54	-260	803	652	759	372
Net Nonoperating Expense (NNE)	25	36	22	32	54	-153	-80	-323	47	48	0.15
Net Nonoperating Obligations (NNO)	-293	179	657	593	720	773	836	44	-31	96	200
Total Depreciation and Amortization (D&A)	69	102	132	174	199	246	257	258	233	237	212
Debt-free, Cash-free Net Working Capital to Revenue	-7.14%	-6.77%	-5.86%	0.39%	-4.68%	-12.97%	-3.45%	-4.66%	-4.27%	-0.41%	-9.52%
Debt-free Net Working Capital to Revenue	81.31%	39.73%	8.32%	31.79%	12.67%	41.82%	11.83%	60.57%	46.86%	55.66%	26.57%
Net Working Capital to Revenue	81.27%	39.70%	-12.13%	31.79%	12.67%	5.12%	-22.41%	56.71%	46.86%	55.66%	26.57%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.28	$2.43	$2.77	$2.54	$2.32	$3.97	$2.85	$10.81	$1.36	$0.89	$1.42
Adjusted Weighted Average Basic Shares Outstanding	53.24M	54.21M	54.25M	54.16M	54.57M	54.23M	52.70M	45.89M	46.95M	46.40M	44.46M
Adjusted Diluted Earnings per Share	$2.27	$2.40	$2.75	$2.49	$2.28	$3.86	$2.79	$10.37	$1.36	$0.89	$1.42
Adjusted Weighted Average Diluted Shares Outstanding	53.61M	54.73M	54.59M	55.39M	55.69M	55.80M	53.63M	47.86M	47.03M	46.46M	44.52M
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	54.90M	55.39M	54.82M	55.88M	55.49M	55.44M	51.41M	47.27M	47.26M	46.07M	42.85M
Normalized Net Operating Profit after Tax (NOPAT)	150	170	175	171	183	66	71	140	126	128	111
Normalized NOPAT Margin	25.11%	23.56%	20.00%	15.33%	15.13%	6.29%	6.09%	9.88%	9.08%	9.42%	7.89%
Pre Tax Income Margin	25.90%	21.77%	24.19%	17.89%	14.71%	5.22%	6.76%	24.80%	9.43%	5.50%	6.65%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.97	4.70	6.11	3.95	3.87	3.20	2.77	5.76	0.00	0.00	0.00
NOPAT to Interest Expense	4.82	4.00	4.23	2.53	2.95	2.46	1.26	2.25	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	5.61	4.29	5.51	3.37	2.96	0.57	1.12	4.29	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	4.46	3.59	3.63	1.94	2.04	-0.17	-0.39	0.78	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	41.71%	44.02%	43.19%	52.69%	64.17%	20.07%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	46.22%	46.77%	80.25%	59.76%	100.77%	29.58%	182.95%	15.77%	122.80%	261.49%	293.72%

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

Frequently Asked Questions About Ziff Davis' Financials

When does Ziff Davis's financial year end?

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

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

In the past 10 years, Ziff Davis' net income has ranged from $41.50 million in 2023 to $496.71 million in 2021, and is currently $63.05 million as of their latest financial filing in 2024.

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%.

Remove Ads

Related Companies

This page (NASDAQ:ZD) 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.

Ziff Davis (ZD) Financials

Frequently Asked Questions About Ziff Davis' 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

Ziff Davis (ZD) Financials

Annual Income Statements for Ziff Davis

Quarterly Income Statements for Ziff Davis

Annual Cash Flow Statements for Ziff Davis

Quarterly Cash Flow Statements for Ziff Davis

Annual Balance Sheets for Ziff Davis

Quarterly Balance Sheets for Ziff Davis

Annual Metrics and Ratios for Ziff Davis

Quarterly Metrics and Ratios for Ziff Davis

Frequently Asked Questions About Ziff Davis' Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools