Bankrate is a publisher, aggregator, and distributor of personal finance content on the Internet. The Company provides consumers with proprietary, fully researched, comprehensive, independent and objective personal finance editorial content across multiple vertical categories including mortgages, deposits, insurance, credit cards, and other categories, such as retirement, automobile loans, and taxes.

Company Growth (employees)
Type
Public
HQ
New York, US
Founded
1976
Size (employees)
600 (est)+17%
Bankrate was founded in 1976 and is headquartered in New York, US

Key People/Management at Bankrate

Kenneth S. Esterow

Kenneth S. Esterow

President and Chief Executive Officer
James R. Gilmartin

James R. Gilmartin

Senior Vice President, General Counsel and Corporate Secretary
Steven Barnhart

Steven Barnhart

SVP & Chief Financial Officer
Debbie Kemp

Debbie Kemp

SVP of HR

Bankrate Office Locations

Bankrate has an office in New York
New York, US (HQ)
1675 Broadway

Bankrate Financials and Metrics

Bankrate Financials

Bankrate's revenue was reported to be $434.2 m in FY, 2016
USD

Revenue (Q2, 2017)

115.9 m

Gross profit (Q2, 2017)

51.5 m

Gross profit margin (Q2, 2017), %

44%

Net income (Q2, 2017)

(23.3 m)

EBIT (Q2, 2017)

(25.7 m)

Market capitalization (09-Nov-2017)

1.2 b

Cash (30-Jun-2017)

188.6 m
Bankrate's current market capitalization is $1.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

457.4 m544.9 m370.5 m434.2 m

Revenue growth, %

19%(32%)17%

Cost of goods sold

151.1 m85.5 m171.8 m227.5 m

Gross profit

306.4 m459.4 m198.7 m206.6 m
USDQ3, 2013Q1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

121.2 m136.5 m130.7 m141.5 m132.9 m140.8 m93.3 m98.3 m128.8 m118.7 m115.9 m

Cost of goods sold

40.5 m46.3 m46.5 m78.7 m74.7 m74.7 m47.2 m52.6 m64.5 m63.2 m64.4 m

Gross profit

80.7 m90.2 m84.2 m62.8 m58.2 m66 m46.1 m45.7 m64.3 m55.5 m51.5 m

Gross profit Margin, %

67%66%64%44%44%47%49%46%50%47%44%
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

77.7 m115.6 m61 m83.3 m88.6 m243.3 m236.9 m176.7 m

Inventories

9.7 m35.7 m27.7 m42 m

Current Assets

308.9 m256.3 m321.8 m270.9 m

Goodwill

612 m641.4 m567.5 m599.8 m
USDQ3, 2013Q1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

191.5 m243.9 m175.8 m154.6 m138.5 m144.6 m204.4 m122 m135.8 m183.3 m188.6 m

Current Assets

282.7 m336.4 m302 m260 m250.1 m256.4 m285.4 m214.6 m230.3 m279.1 m293.4 m

Goodwill

611 m612 m638 m642.6 m663.6 m628.1 m567.5 m609 m604.8 m599.8 m599.8 m

Total Assets

1.3 b1.3 b1.3 b1.3 b1.3 b1.2 b1.1 b1.1 b1.1 b1.1 b1.1 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(10 m)(7 m)(13.3 m)(34.1 m)

Depreciation and Amortization

60.1 m15 m40.5 m42.2 m

Accounts Receivable

(6.2 m)(6.3 m)12.3 m

Accounts Payable

(1.6 m)1.4 m(1.2 m)
USDQ3, 2013Q1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(7.8 m)4.8 m(2.2 m)5 m320 k(23.4 m)283 k(41 m)10.7 m(5.2 m)

Depreciation and Amortization

14.7 m14.5 m15.2 m15.7 m15.9 m16.2 m9.6 m11.1 m10.8 m10.5 m

Accounts Receivable

(16.6 m)

Accounts Payable

2.1 m8.2 m16.8 m12.3 m13.7 m1.4 m5.4 m11.2 m14.3 m
USDY, 2017

Revenue/Employee

193.2 k

Financial Leverage

1.6 x
Show all financial metrics

Bankrate Operating Metrics

Q1, 2014Q2, 2014Q3, 2014Q4, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017

Credit Cards Consumer Inquiries

2.6 m2.5 m2.5 m2.8 m10.3 m2.7 m2.9 m3.3 m3.6 m12.5 m3 m3.5 m4.4 m4.2 m15 m4.1 m

Mortgage and Savings Consumer Inquiries

1.7 m1.7 m1.7 m1.6 m6.6 m1.7 m1.6 m1.7 m1.5 m6.6 m1.8 m1.8 m2.1 m2.1 m8 m2.5 m

Senior Care Consumer Inquiries

11.9 m19 m18.8 m49.7 m24 m26.8 m25.8 m22.7 m99.3 m33.1 m26 m28.6 m22.6 m110.3 m33.5 m
Show all operating metrics

Bankrate Market Value History

Bankrate Revenue Breakdown

Bankrate's Web-traffic and Trends

Bankrate Online and Social Media Presence

Bankrate News and Updates

Red Ventures to buy Bankrate for $1.24 billion: Reuters

Bankrate (RATE.N), an online publisher of personal finance content, said on Monday it would be acquired by digital marketing company Red Ventures for $1.24 billion.

Financial publishing giant Bankrate selling to Red Ventures for $1.24 billion

In a move that could shake up the financial services industry, Bankrate announced earlier this week that it agreed to be acquired by Red Ventures, which bills itself as a “digital consumer choice platform,” in a deal that values Bankrate at $1.4 billion. Under the terms of the agreement, Bankrate sh…

Red Ventures Buys Online Publisher Bankrate for $1.24 Billion

Bankrate's shares rose 7% on the news.

Apax sells stake in GardaWorld to Rhône Capital and Stephan Crétier

Apax Partners LLP has sold its stake in GardaWorld, a security services provider. The buyers are Rhône Capital, Stephan Crétier, founder, chairman and CEO of GardaWorld and certain members of GardaWorld's management. No financial terms were disclosed.

Bankrate Company Life and Culture

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