ZDZIFF DAVIS, INC.
Telegraph & Other Message Communications
- Revenue
- $1.5B
- 3.5% YoY
- Operating margin
- 12.6%
- 56% YoY
- EBITDA
- $412M
- 26% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -0.3×
- −$144M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear860% of net incomeCash flow under 80% of net income
- Dilutive SBCClear3% of revenueOver 10% of revenue
- Payouts exceed cash flowClear43% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear32% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.4B | $1.4B | $1.5B | 3.5% |
| Operating income | $167M | $199M | $133M | $114M | $183M | 61% |
| Net income | $497M | $64M | $42M | $63M | $47M | 25% |
| Operating cash flow | $517M | $336M | $320M | $390M | $407M | 4.3% |
| Capex | $114M | $106M | $109M | $107M | $119M | 12% |
| Stock-based comp | $25M | $27M | $32M | $41M | $45M | 9.8% |
| Buybacks | $78M | $78M | $109M | $185M | $174M | 6.2% |
| Dividends | $0 | — | — | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.