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EEX logoEmerald Holding, Inc.(EEX)Earnings, Financials & Key Ratios

EEX•NYSE
$4.60
$910M mkt cap·Price updated May 6, 2026
SectorCommunication ServicesIndustryAdvertising & MarketingSub-IndustryExperiential and event marketing
AboutEmerald Holding, Inc. operates business-to-business (B2B) trade shows in the United States. The company operates trade shows in various industry sectors, including retail, design and construction, technology, equipment, and safety and security. It also operates content and content-marketing websites, and related digital products, as well as produce publications. In addition, the company operates Elastic Suite platform that streamlines the wholesale buying process for brands and retail buyers; and Flex platform. Emerald Expositions Events, Inc. was incorporated in 2013 and is based in New York, New York.Show more
  • Revenue$463M+16.2%
  • EBITDA$116M+25.6%
  • Net Income-$31M-1495.5%
  • EPS (Diluted)-0.15-123.9%
  • Gross Margin56.91%+1.8%
  • EBITDA Margin24.97%+8.1%
  • Operating Margin18.28%+14.3%
  • Net Margin-6.62%-1300.8%
  • ROE-8.47%-1622.2%
  • ROIC8.78%+11.9%
  • Debt/Equity1.51+41.6%
  • Interest Coverage1.74+50.0%
Technical→

EEX Key Insights

Emerald Holding, Inc. (EEX) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 45.4%
  • ✓Strong 5Y sales CAGR of 29.5%

✗Weaknesses

  • ✗Shares diluted 26.9% in last year

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

EEX Price & Volume

Emerald Holding, Inc. (EEX) stock price & volume — 10-year historical chart

Loading chart...

EEX Growth Metrics

Emerald Holding, Inc. (EEX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years4.22%
5 Years29.47%
3 Years12.45%
TTM16.2%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-1635%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-162.56%

Return on Capital

10 Years2.91%
5 Years1.8%
3 Years6.77%
Last Year9.78%

EEX Recent Earnings

Emerald Holding, Inc. (EEX) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 5/12 qtrs (45%)●Beat Revenue 4/12 qtrs (33%)
Q2 2026Latest
Mar 13, 2026
EPS
$0.15
Est $0.04
-433.3%
Revenue
$133M
Est $131M
+1.2%
Q4 2025
Oct 31, 2025
EPS
$0.07
Est $0.04
-255.6%
Revenue
$78M
Est $131M
-40.8%
Q3 2025
Aug 4, 2025
EPS
$0.01
Est $0.03
+66.7%
Revenue
$106M
Est $80M
+31.2%
Q2 2025
May 1, 2025
EPS
$0.08
Est $0.07
+14.3%
Revenue
$148M
Est $107M
+38.4%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMar 13, 2026
$0.15vs $0.04-433.3%
$133Mvs $131M+1.2%
Q4 2025Oct 31, 2025
$0.07vs $0.04-255.6%
$78Mvs $131M-40.8%
Q3 2025Aug 4, 2025
$0.01vs $0.03+66.7%
$106Mvs $80M+31.2%
Q2 2025May 1, 2025
$0.08vs $0.07+14.3%
$148Mvs $107M+38.4%
Based on last 12 quarters of dataView full earnings history →

EEX Peer Comparison

Emerald Holding, Inc. (EEX) competitors in Experiential and event marketing — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
EVCM logoEVCMEverCommerce Inc.Direct Competitor1.96B11.03110.30-15.72%2.99%2.4%0.01
IHRT logoIHRTiHeartMedia, Inc.Direct Competitor910.95M5.87-1.920.27%-12.23%
INVE logoINVEIdentiv, Inc.Direct Competitor125.53M5.291.68-38.71%-66.49%-9.85%0.01
MSGE logoMSGEMadison Square Garden Entertainment Corp.Product Competitor2.71B66.9586.95-1.72%5.12%144.17%
LYV logoLYVLive Nation Entertainment, Inc.Product Competitor39B167.82-699.258.83%0.33%5.08%6.84
YELP logoYELPYelp Inc.Product Competitor1.76B28.3112.643.75%9.94%19.96%0.06
EVC logoEVCEntravision Communications CorporationProduct Competitor709.16M7.71-8.9622.65%-3.27%-25.09%3.85
TTD logoTTDThe Trade Desk, Inc.Supply Chain11.42B23.9926.3618.47%15.31%16.89%0.18

Compare EEX vs Peers

Emerald Holding, Inc. (EEX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs EVCM

Most directly comparable listed peer for EEX.

Scale Benchmark

vs GOOGL

Larger-name benchmark to compare EEX against a more recognizable public peer.

Peer Set

Compare Top 5

vs EVCM, IHRT, INVE, MSGE

EEX Income Statement

Emerald Holding, Inc. (EEX) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Sales/Revenue341.7M380.7M360.9M127.4M145.5M325.9M382.8M398.8M463.4M
Revenue Growth %5.54%11.41%-5.2%-64.7%14.21%123.99%17.46%4.18%16.2%
Cost of Goods Sold138.2M158.9M172.2M106.2M104.7M176M182.6M175.8M199.7M
COGS % of Revenue40.44%41.74%47.71%83.36%71.96%54%47.7%44.08%43.09%
Gross Profit
203.5M▲ 0%
221.8M▲ 9.0%
188.7M▼ 14.9%
21.2M▼ 88.8%
40.8M▲ 92.5%
149.9M▲ 267.4%
200.2M▲ 33.6%
223M▲ 11.4%
263.7M▲ 18.3%
Gross Margin %59.56%58.26%52.29%16.64%28.04%46%52.3%55.92%56.91%
Gross Profit Growth %2.09%8.99%-14.92%-88.77%92.45%267.4%33.56%11.39%18.25%
Operating Expenses98.4M112.6M127M111.6M133.6M159M177.1M159.2M179M
OpEx % of Revenue28.8%29.58%35.19%87.6%91.82%48.79%46.26%39.92%38.63%
Selling, General & Admin98.4M112.6M127M111.6M133.6M159M177.1M159.2M241.2M
SG&A % of Revenue28.8%29.58%35.19%87.6%91.82%48.79%46.26%39.92%52.05%
Research & Development000000000
R&D % of Revenue---------
Other Operating Expenses00000000-62.2M
Operating Income
105.1M▲ 0%
109.2M▲ 3.9%
61.7M▼ 43.5%
-90.4M▼ 246.5%
-92.8M▼ 2.7%
-9.1M▲ 90.2%
23.1M▲ 353.8%
63.8M▲ 176.2%
84.7M▲ 32.8%
Operating Margin %30.76%28.68%17.1%-70.96%-63.78%-2.79%6.03%16%18.28%
Operating Income Growth %-2.81%3.9%-43.5%-246.52%-2.65%90.19%353.85%176.19%32.76%
EBITDA148.3M156M113.7M-38.5M-41.9M53.8M68.1M92.1M115.7M
EBITDA Margin %43.4%40.98%31.5%-30.22%-28.8%16.51%17.79%23.09%24.97%
EBITDA Growth %0.07%5.19%-27.12%-133.86%-8.83%228.4%26.58%35.24%25.62%
D&A (Non-Cash Add-back)43.2M46.8M52M51.9M50.9M62.9M45M28.3M31M
EBIT85.1M-4M-24.7M-670.6M-65.1M182.5M40.4M55.3M84.7M
Net Interest Income-38.3M-29.4M-30.3M-20.5M-15.8M-21.8M-35.1M-39.3M-44.2M
Interest Income000100K100K2.7M8.2M8.5M4.6M
Interest Expense38.3M29.4M30.3M20.6M15.9M24.5M43.3M47.8M48.8M
Other Income/Expense-58.3M-142.6M-116.7M-600.8M11.8M167.1M-26M-56.3M-106.3M
Pretax Income
46.8M▲ 0%
-33.4M▼ 171.4%
-55M▼ 64.7%
-691.2M▼ 1156.7%
-81M▲ 88.3%
158M▲ 295.1%
-2.9M▼ 101.8%
7.5M▲ 358.6%
-21.6M▼ 388.0%
Pretax Margin %13.7%-8.77%-15.24%-542.54%-55.67%48.48%-0.76%1.88%-4.66%
Income Tax-35M-8.3M-5M-57.6M-1.3M27.2M5.3M5.3M9.1M
Effective Tax Rate %-74.79%24.85%9.09%8.33%1.6%17.22%-182.76%70.67%-42.13%
Net Income
81.8M▲ 0%
-25.1M▼ 130.7%
-50M▼ 99.2%
-633.6M▼ 1167.2%
-79.7M▲ 87.4%
70.6M▲ 188.6%
-8.2M▼ 111.6%
2.2M▲ 126.8%
-30.7M▼ 1495.5%
Net Margin %23.94%-6.59%-13.85%-497.33%-54.78%21.66%-2.14%0.55%-6.62%
Net Income Growth %269.02%-130.68%-99.2%-1167.2%87.42%188.58%-111.61%126.83%-1495.45%
Net Income (Continuing)81.8M-25.1M-50M-633.6M-79.7M130.8M-8.2M2.2M-30.7M
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)
1.13▲ 0%
-0.34▼ 130.4%
-0.70▼ 102.4%
-9.09▼ 1203.6%
-1.62▲ 82.2%
0.46▲ 128.4%
-0.78▼ 270.7%
-0.07▲ 91.5%
-0.15▼ 123.9%
EPS Growth %-97.41%-130.36%-102.44%-1203.57%82.21%128.44%-270.67%91.46%-123.88%
EPS (Basic)1.19-0.34-0.70-9.09-1.620.46-0.78-0.07-0.15
Diluted Shares Outstanding72.12M72.89M71.72M71.43M71.31M69.15M63.96M156.59M198.73M
Basic Shares Outstanding68.91M72.89M71.72M71.43M71.31M69M63.96M156.59M198.73M
Dividend Payout Ratio18.58%------277.27%-

EEX Balance Sheet

Emerald Holding, Inc. (EEX) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Current Assets93.5M103M93.7M352.3M290.1M331.8M310.9M306.9M235.3M
Cash & Short-Term Investments10.9M20.5M9.6M295.3M231.2M239.1M204.2M194.8M7.2M
Cash Only10.9M20.5M9.6M295.3M231.2M239.1M204.2M194.8M7.2M
Short-Term Investments000000000
Accounts Receivable62.7M62.7M60.1M48.5M46.4M74.9M85.2M82.5M99M
Days Sales Outstanding66.9860.1160.78138.95116.483.8981.2475.5177.98
Inventory000000000
Days Inventory Outstanding---------
Other Current Assets0000017.8M21.5M29.6M129.1M
Total Non-Current Assets1.54B1.48B1.38B702.1M772.3M766.6M743M741.8M977.5M
Property, Plant & Equipment3.8M3.7M22.5M19.9M18.8M12.8M10.3M8.2M500K
Fixed Asset Turnover89.92x102.89x16.04x6.40x7.74x25.46x37.17x48.63x926.80x
Goodwill993.7M1.04B980.3M404.3M514.2M545.5M553.9M573.8M57.4M
Intangible Assets545M435.3M373.8M275M236.7M204.8M175.1M155.9M13.3M
Long-Term Investments-10.5M-8.2M-13.3M-2.2M-2.3M-2.2M000
Other Non-Current Assets1.9M1.5M1.4M2.9M2.6M3.5M3.7M3.9M906.3M
Total Assets
1.64B▲ 0%
1.58B▼ 3.5%
1.47B▼ 6.9%
1.05B▼ 28.4%
1.06B▲ 0.8%
1.1B▲ 3.4%
1.05B▼ 4.1%
1.05B▼ 0.5%
1.21B▲ 15.6%
Asset Turnover0.21x0.24x0.25x0.12x0.14x0.30x0.36x0.38x0.38x
Asset Growth %4.16%-3.54%-6.85%-28.36%0.76%3.39%-4.05%-0.49%15.65%
Total Current Liabilities223.2M268.6M229.3M115.6M191.7M222.2M230.1M241.3M288.7M
Accounts Payable5.3M3.4M5.7M3.8M12M20.4M24.1M17.3M15.7M
Days Payables Outstanding147.8112.0813.0641.8342.3148.1735.9228.7
Short-Term Debt5.7M45.7M15.7M10M10.4M04.2M4.2M10.5M
Deferred Revenue (Current)192.5M192.4M187.3M48.6M118.1M151.2M174.3M190.5M-14.5M
Other Current Liabilities200.6M16.4M8.2M40.5M35.2M33.2M16.8M17.9M274.9M
Current Ratio0.42x0.38x0.41x3.05x1.51x1.49x1.35x1.27x0.82x
Quick Ratio0.42x0.38x0.41x3.05x1.51x1.49x1.35x1.27x0.82x
Cash Conversion Cycle---------
Total Non-Current Liabilities663.9M611.3M615.5M942.6M991.7M909.3M419.2M421.5M585.3M
Long-Term Debt548.5M524.2M519.7M515.3M510.9M413.9M398.7M398.5M498.6M
Capital Lease Obligations0015.7M13.4M13.3M10.4M8.9M5.5M3.2M
Deferred Tax Liabilities110.7M83.6M73.3M4.1M1.5M1.8M3.1M4.9M17.6M
Other Non-Current Liabilities4.7M3.5M6.7M412M466M483.2M7.6M12.4M65.9M
Total Liabilities887.2M879.9M844.8M1.06B1.18B1.13B649.3M662.8M874M
Total Debt554.2M569.9M555.2M538.7M534.6M429.2M415.8M412.2M512.3M
Net Debt543.3M549.4M545.6M243.4M303.4M190.1M211.6M217.4M505.1M
Debt / Equity0.73x0.80x0.87x---1.03x1.07x1.51x
Debt / EBITDA3.74x3.65x4.88x--7.98x6.11x4.48x4.43x
Net Debt / EBITDA3.66x3.52x4.80x--3.53x3.11x2.36x4.37x
Interest Coverage2.22x-0.14x-0.82x-32.55x-4.09x7.45x0.93x1.16x1.74x
Total Equity
761.2M▲ 0%
708.3M▼ 6.9%
640.2M▼ 9.6%
-3.8M▼ 100.6%
-121M▼ 3084.2%
-33.1M▲ 72.6%
404.6M▲ 1322.4%
385.9M▼ 4.6%
338.8M▼ 12.2%
Equity Growth %44.23%-6.95%-9.61%-100.59%-3084.21%72.64%1322.36%-4.62%-12.21%
Book Value per Share10.569.728.93-0.05-1.70-0.486.332.461.70
Total Shareholders' Equity761.2M708.3M640.2M-3.8M-121M-33.1M404.6M385.9M338.8M
Common Stock700K700K700K700K700K700K600K2M2M
Retained Earnings83.4M17.9M-61.6M-695.2M-774.9M-644.1M-652.3M-650.1M-680.8M
Treasury Stock000000000
Accumulated OCI000000001.2M
Minority Interest000000000

EEX Cash Flow Statement

Emerald Holding, Inc. (EEX) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations110.8M103.9M67.8M-37.1M90M174.7M38.3M46.8M42.6M
Operating CF Margin %32.43%27.29%18.79%-29.12%61.86%53.61%10.01%11.74%9.19%
Operating CF Growth %19.17%-6.23%-34.74%-154.72%342.59%94.11%-78.08%22.19%-8.97%
Net Income81.8M-25.1M-50M-633.6M-79.7M70.6M-8.2M2.2M-30.7M
Depreciation & Amortization43.2M46.8M52M51.9M50.9M62.9M45M28.3M31M
Stock-Based Compensation06.1M000005.8M11.3M
Deferred Taxes-39.9M-24.8M-15.4M-58.1M-400K300K1.3M1.8M4.1M
Other Non-Cash Items9.6M106.2M92.6M690.6M54.7M45.3M12.8M13.4M52.8M
Working Capital Changes16.1M-5.3M-11.4M-87.9M64.5M-4.4M-12.6M-4.7M-25.9M
Change in Receivables-700K1M3.4M12.8M2.2M-24.9M-8.6M4M5.7M
Change in Inventory000000000
Change in Payables3.3M3.4M-7.1M5.7M20.8M6.2M-11M-7.9M-2.4M
Cash from Investing-95.5M-74.7M-16.7M-37.3M-131.9M-47.9M-21M-25M-203.2M
Capital Expenditures-3M-3.5M-3.9M-4M-6.6M-10.3M-11.5M-9.8M-8.3M
CapEx % of Revenue0.88%0.92%1.08%3.14%4.54%3.16%3%2.46%1.79%
Acquisitions-92.5M-71.2M-12.8M-33.3M-125.3M-37.6M-9.5M-15.2M-194.9M
Investments---------
Other Investing000000000
Cash from Financing-19.3M-19.6M-62M360.1M-22.2M-118.9M-52.2M-31.2M67.1M
Debt Issued (Net)-155.9M14.3M-35.7M-15.7M-5.7M-104.2M-2.1M-4.2M103.3M
Equity Issued (Net)164.4M-12.9M-4M382M-12.3M-10.3M-29.2M-12.3M-17M
Dividends Paid-15.2M-21M-21.3M-5.4M00-17.2M-14.7M-11.9M
Share Repurchases0-19.4M-8.3M-900K-12.4M-10.4M-16.9M-13.8M-17.5M
Other Financing-12.6M0-1M-800K-4.2M-4.4M-3.7M0-7.3M
Net Change in Cash
-4.04M▲ 0%
9.6M▲ 337.5%
-10.9M▼ 213.5%
285.7M▲ 2721.1%
-64.1M▼ 122.4%
7.9M▲ 112.3%
-34.9M▼ 541.8%
-9.4M▲ 73.1%
-93.9M▼ 898.9%
Free Cash Flow
109.9M▲ 0%
103.1M▼ 6.2%
66.2M▼ 35.8%
-38M▼ 157.4%
88.5M▲ 332.9%
172.9M▲ 95.4%
37.7M▼ 78.2%
45.5M▲ 20.7%
41.4M▼ 9.0%
FCF Margin %32.16%27.08%18.34%-29.83%60.82%53.05%9.85%11.41%8.93%
FCF Growth %21.39%-6.19%-35.79%-157.4%332.89%95.37%-78.2%20.69%-9.01%
FCF per Share1.521.410.92-0.531.242.500.590.290.21
FCF Conversion (FCF/Net Income)1.35x-4.14x-1.36x0.06x-1.13x2.47x-4.67x21.27x-1.39x
Interest Paid34.7M28.5M28.8M18.5M13.8M22.5M38.1M43.8M40.9M
Taxes Paid3.9M14.8M11.9M1.1M200K25.6M6.9M4.6M5M

EEX Key Ratios

Emerald Holding, Inc. (EEX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)4.3%12.69%-3.42%-7.42%-199.12%---4.41%0.56%-8.47%
Return on Invested Capital (ROIC)6.67%6.26%6.39%3.79%-9.51%-32.99%-4.02%4.48%7.85%8.78%
Gross Margin61.57%59.56%58.26%52.29%16.64%28.04%46%52.3%55.92%56.91%
Net Margin6.85%23.94%-6.59%-13.85%-497.33%-54.78%21.66%-2.14%0.55%-6.62%
Debt / Equity1.33x0.73x0.80x0.87x---1.03x1.07x1.51x
Interest Coverage1.72x2.22x-0.14x-0.82x-32.55x-4.09x7.45x0.93x1.16x1.74x
FCF Conversion4.19x1.35x-4.14x-1.36x0.06x-1.13x2.47x-4.67x21.27x-1.39x
Revenue Growth5.66%5.54%11.41%-5.2%-64.7%14.21%123.99%17.46%4.18%16.2%

EEX SEC Filings & Documents

Emerald Holding, Inc. (EEX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 13, 2026·SEC

Material company update

Dec 16, 2025·SEC

Material company update

Oct 31, 2025·SEC

10-K Annual Reports

4
FY 2026

Mar 13, 2026·SEC

FY 2025

Mar 14, 2025·SEC

FY 2024

Mar 5, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Oct 31, 2025·SEC

FY 2025

Aug 4, 2025·SEC

FY 2025

May 2, 2025·SEC

EEX Frequently Asked Questions

Emerald Holding, Inc. (EEX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Emerald Holding, Inc. (EEX) reported $463.4M in revenue for fiscal year 2025. This represents a 51% increase from $306.4M in 2015.

Emerald Holding, Inc. (EEX) grew revenue by 16.2% over the past year. This is strong growth.

Emerald Holding, Inc. (EEX) reported a net loss of $30.7M for fiscal year 2025.

Dividend & Returns

Yes, Emerald Holding, Inc. (EEX) pays a dividend with a yield of 1.30%. This makes it attractive for income-focused investors.

Emerald Holding, Inc. (EEX) has a return on equity (ROE) of -8.5%. Negative ROE indicates the company is unprofitable.

Emerald Holding, Inc. (EEX) generated $39.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More EEX

Emerald Holding, Inc. (EEX) financial analysis — history, returns, DCA and operating performance tools

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Historical returns with dividends reinvested

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