Ziff Davis, Inc. (ZD) Financial Ratios
28 years of historical data (1998–2025) · Communication Services · Advertising Agencies
EV/EBITDA
↓
4.58
↓-49% vs avg
5yr avg: 8.95
30Y Low4.0·High31.0
P/FCF
↓
5.89
↓-49% vs avg
5yr avg: 11.53
30Y Low5.0·High19.4
P/B Ratio
↓
1.08
↓-36% vs avg
5yr avg: 1.69
30Y Low0.2·High5.3
ROE
↓
2.7%
↑-69% vs avg
5yr avg: 8.6%
30Y Low-71%·High45%
Debt/EBITDA
↓
2.06
↓-18% vs avg
5yr avg: 2.52
30Y Low0.0·High4.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ZD Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Ziff Davis, Inc. trades at 40.0x earnings, 6% below its 5-year average of 42.6x, sitting at the 92nd percentile of its historical range. Compared to the Communication Services sector median P/E of 15.3x, the stock trades at a premium of 162%. On a free-cash-flow basis, the stock trades at 5.9x P/FCF, 49% below the 5-year average of 11.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.7B | $1.4B | $2.4B | $3.1B | $3.7B | $5.3B | $4.0B | $4.0B | $3.0B | $3.2B | $3.4B |
| Enterprise Value | $2.0B | $1.7B | $2.8B | $3.4B | $4.1B | $5.8B | $5.5B | $5.0B | $3.8B | $3.8B | $4.1B |
| P/E Ratio → | 40.03 | 30.57 | 38.27 | 75.49 | 58.16 | 10.73 | 26.71 | 18.56 | 22.94 | 23.05 | 22.73 |
| P/S Ratio | 1.17 | 1.00 | 1.73 | 2.29 | 2.67 | 3.75 | 3.45 | 2.91 | 2.44 | 2.84 | 3.90 |
| P/B Ratio | 1.08 | 0.82 | 1.34 | 1.65 | 1.97 | 2.70 | 3.31 | 3.05 | 2.85 | 3.11 | 3.73 |
| P/FCF | 5.89 | 5.02 | 8.53 | 14.78 | 16.15 | 13.17 | 10.41 | 11.68 | 8.57 | 14.27 | 13.47 |
| P/OCF | 4.17 | 3.55 | 6.20 | 9.76 | 11.06 | 10.27 | 8.34 | 9.68 | 7.36 | 12.01 | 12.08 |
P/E links to full P/E history page with 30-year chart
ZD EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Ziff Davis, Inc.'s enterprise value stands at 4.6x EBITDA, 49% below its 5-year average of 9.0x. The Communication Services sector median is 9.6x, placing the stock at a 52% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.19 | 2.00 | 2.48 | 2.92 | 4.08 | 4.75 | 3.64 | 3.11 | 3.42 | 4.65 |
| EV / EBITDA | 4.58 | 4.00 | 8.63 | 9.16 | 9.40 | 13.59 | 15.01 | 9.82 | 8.70 | 9.38 | 11.16 |
| EV / EBIT | 9.71 | 17.52 | 26.20 | 35.64 | 24.64 | 13.66 | 40.95 | 61.18 | 15.68 | 14.29 | 16.09 |
| EV / FCF | — | 6.01 | 9.90 | 16.03 | 17.66 | 14.36 | 14.33 | 14.62 | 10.91 | 17.19 | 16.06 |
ZD Profitability
Margins and return-on-capital ratios measuring operating efficiency
Ziff Davis, Inc. earns an operating margin of 14.1%, above the Communication Services sector average of 1.6%. Operating margins have expanded from 9.7% to 14.1% over the past 3 years, signaling improving operational efficiency. ROE of 2.7% is modest. ROIC of 7.2% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 70.0% | 70.0% | 85.7% | 86.4% | 86.7% | 86.7% | 84.6% | 82.7% | 83.3% | 84.6% | 83.2% |
| Operating Margin | 14.1% | 14.1% | 8.1% | 9.7% | 14.3% | 11.8% | 11.9% | 20.2% | 20.2% | 22.0% | 27.7% |
| Net Profit Margin | 3.3% | 3.3% | 4.5% | 3.0% | 4.6% | 35.1% | 13.0% | 15.9% | 10.7% | 12.5% | 17.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 2.7% | 2.7% | 3.4% | 2.2% | 3.3% | 31.3% | 11.9% | 18.6% | 12.5% | 14.4% | 16.9% |
| ROA | 1.3% | 1.3% | 1.8% | 1.2% | 1.7% | 13.4% | 4.2% | 7.2% | 5.1% | 6.2% | 7.9% |
| ROIC | 7.2% | 7.2% | 3.9% | 4.5% | 6.4% | 4.9% | 4.1% | 10.0% | 10.4% | 11.4% | 13.0% |
| ROCE | 7.6% | 7.6% | 3.9% | 4.3% | 6.2% | 5.5% | 5.1% | 11.2% | 11.0% | 12.9% | 15.1% |
ZD Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Ziff Davis, Inc. carries a Debt/EBITDA ratio of 2.1x, which is manageable (43% below the sector average of 3.6x). Net debt stands at $285M ($892M total debt minus $607M cash). Interest coverage of 3.8x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.51 | 0.51 | 0.49 | 0.53 | 0.53 | 0.60 | 1.39 | 1.20 | 0.98 | 0.98 | 0.85 |
| Debt / EBITDA | 2.06 | 2.06 | 2.75 | 2.71 | 2.31 | 2.75 | 4.58 | 3.10 | 2.35 | 2.46 | 2.14 |
| Net Debt / Equity | — | 0.16 | 0.21 | 0.14 | 0.18 | 0.24 | 1.24 | 0.77 | 0.78 | 0.64 | 0.72 |
| Net Debt / EBITDA | 0.66 | 0.66 | 1.19 | 0.71 | 0.80 | 1.12 | 4.10 | 1.97 | 1.86 | 1.60 | 1.80 |
| Debt / FCF | — | 0.99 | 1.37 | 1.25 | 1.50 | 1.18 | 3.92 | 2.94 | 2.33 | 2.92 | 2.59 |
| Interest Coverage | 3.81 | 3.81 | 7.66 | 4.74 | 4.88 | 5.88 | 2.39 | 3.04 | 3.86 | 3.95 | 6.11 |
ZD Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.27x means Ziff Davis, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 2.76x to 1.27x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.27 | 1.27 | 1.41 | 2.76 | 2.51 | 2.62 | 0.71 | 1.06 | 1.50 | 2.34 | 0.77 |
| Quick Ratio | 1.27 | 1.27 | 1.41 | 2.76 | 2.51 | 2.62 | 0.71 | 1.06 | 1.50 | 2.34 | 0.77 |
| Cash Ratio | 0.56 | 0.56 | 0.56 | 1.77 | 1.64 | 1.86 | 0.20 | 0.69 | 0.68 | 1.32 | 0.27 |
| Asset Turnover | — | 0.40 | 0.38 | 0.39 | 0.39 | 0.38 | 0.32 | 0.39 | 0.47 | 0.46 | 0.42 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 167.81 | 171.92 | 90.37 | 79.96 | 81.50 | 97.50 | 69.68 | 67.00 | 76.47 | 83.45 |
ZD Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Ziff Davis, Inc. returns 10.3% to shareholders annually primarily through share buybacks. The earnings yield of 2.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | 1.1% | 2.8% | 2.3% | 1.9% |
| Payout Ratio | — | — | — | — | — | — | — | 20.1% | 63.5% | 52.7% | 43.2% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.5% | 3.3% | 2.6% | 1.3% | 1.7% | 9.3% | 3.7% | 5.4% | 4.4% | 4.3% | 4.4% |
| FCF Yield | 17.0% | 19.9% | 11.7% | 6.8% | 6.2% | 7.6% | 9.6% | 8.6% | 11.7% | 7.0% | 7.4% |
| Buyback Yield | 10.3% | 12.0% | 7.7% | 3.5% | 2.1% | 1.5% | 6.9% | 0.5% | 1.6% | 0.3% | 1.7% |
| Total Shareholder Yield | 10.3% | 12.0% | 7.7% | 3.5% | 2.1% | 1.5% | 6.9% | 1.6% | 4.4% | 2.6% | 3.6% |
| Shares Outstanding | — | $41M | $45M | $46M | $47M | $48M | $47M | $49M | $49M | $49M | $48M |
Peer Comparison
Compare ZD with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 ZDYou | $2B | 40.0 | 4.6 | 5.9 | 70.0% | 14.1% | 2.7% | 7.2% | 2.1 |
 IAC | $3B | -32.1 | 14.2 | 70.9 | 66.8% | -4.1% | -1.9% | -1.2% | 5.5 |
 DHI | $46B | 13.6 | 10.8 | 13.9 | 23.7% | 12.9% | 14.2% | 12.1% | 1.3 |
 NWSA | $14B | 12.2 | 10.4 | 19.5 | 100.0% | 11.3% | 12.8% | 6.8% | 2.1 |
 AMCX | $411M | 5.6 | 1.6 | 1.5 | 50.6% | 5.8% | 9.2% | 4.0% | 1.7 |
 IHRT | $467M | -1.2 | 10.8 | 42.8 | 58.3% | 5.0% | — | 3.7% | 10.5 |
 CNET | $3M | -1.5 | — | — | 7.7% | -42.3% | -43.6% | -44.2% | — |
 YELP | $1B | 10.2 | 4.4 | 3.9 | 90.3% | 12.6% | 20.0% | 25.1% | 0.2 |
 ANGI | $201M | 5.3 | 3.2 | 4.4 | 90.8% | 7.6% | 4.4% | 5.0% | 4.0 |
 CARS | $556M | 31.1 | 6.4 | 3.8 | 83.0% | 8.3% | 4.1% | 5.0% | 3.1 |
 TRMK | $3B | 12.1 | 9.4 | 11.3 | 71.0% | 25.5% | 11.0% | 7.1% | 3.4 |
| Communication Services Median | — | 15.3 | 9.6 | 11.4 | 48.5% | 1.6% | 2.0% | 2.6% | 3.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 28 years · Updated daily
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ZD — Frequently Asked Questions
Quick answers to the most common questions about buying ZD stock.
What is Ziff Davis, Inc.'s P/E ratio?
Ziff Davis, Inc.'s current P/E ratio is 40.0x. The historical average is 23.3x. This places it at the 92th percentile of its historical range.
What is Ziff Davis, Inc.'s EV/EBITDA?
Ziff Davis, Inc.'s current EV/EBITDA is 4.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.9x.
What is Ziff Davis, Inc.'s ROE?
Ziff Davis, Inc.'s return on equity (ROE) is 2.7%. The historical average is 12.1%.
Is ZD stock overvalued?
Based on historical data, Ziff Davis, Inc. is trading at a P/E of 40.0x. This is at the 92th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Ziff Davis, Inc.'s profit margins?
Ziff Davis, Inc. has 70.0% gross margin and 14.1% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Ziff Davis, Inc. have?
Ziff Davis, Inc.'s Debt/EBITDA ratio is 2.1x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.