Meredith Corporation is the leading media and marketing company providing consumers with multiple well-known national brands and local television brands in fast-growing markets. Meredith is the industry leader in creating content in key consumer interest areas such as home, family, food, health and agriculture. The Company uses multiple distribution platforms – including print, television, digital, mobile, tablets, and video – to give consumers content they desire and to deliver the messages of its advertising and marketing partners.

Additionally, Meredith uses its many assets to create powerful custom marketing solutions for many of the nation's top brands and companies. Meredith Xcelerated Marketing has significantly added to its capabilities in recent years through the acquisition of cutting-edge companies in digital, mobile, social, healthcare, database, and international marketing.

Company Growth (employees)
Type
Public
Parent Company
Media General
HQ
Des Moines, US
Founded
1902
Size (employees)
3,600 (est)-2%
Meredith was founded in 1902 and is headquartered in Des Moines, US

Meredith Office Locations

Meredith has offices in Des Moines, New York, Charleston, Chicago and in 22 other locations
Des Moines, US (HQ)
1716 Locust St
Seattle, US
500 413 Pine St
Northampton, US
47 Pleasant St
Los Angeles, US
500 Cornerstone Plaza 1990 S Bundy Dr
Troy, US
150 Wilshire Plaza West 1050 Wilshire Dr
Chicago, US
333 N Michigan Ave
Show all (26)

Meredith Financials and Metrics

Meredith Financials

Meredith's revenue was reported to be $1.6 b in FY, 2016
USD

Revenue (Q3, 2017)

425.4 m

Net income (Q3, 2017)

39.8 m

EBIT (Q3, 2017)

70 m

Market capitalization (13-Nov-2017)

2.4 b

Cash (31-Mar-2017)

27.4 m
Meredith's current market capitalization is $2.4 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

1.5 b1.6 b1.6 b

Revenue growth, %

9%3%

Sales and marketing expense

914.2 m

Operating expense total

914.2 m
USDQ1, 2014Q2, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q3, 2017

Revenue

371.2 m398.9 m384.7 m406.4 m398.2 m399.9 m442.6 m422.8 m425.4 m

Sales and marketing expense

218 m241.4 m218.7 m241.6 m206 m225.9 m267.1 m222.4 m210.7 m

Operating expense total

218 m241.4 m218.7 m241.6 m206 m225.9 m267.1 m222.4 m210.7 m

EBIT

52.9 m68.9 m29 m60.1 m47.1 m60.8 m109.8 m128 m70 m
USDFY, 2014FY, 2015FY, 2016

Cash

36.6 m22.8 m25 m

Accounts Receivable

257.6 m284.6 m273.9 m

Inventories

24 m24.7 m20.7 m

Current Assets

470 m482.5 m481.2 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

30.3 m18.1 m19.7 m29.9 m27.9 m17.2 m32.1 m44.5 m27.4 m

Accounts Receivable

263.6 m289.7 m269.5 m278.2 m294.6 m281.3 m273.4 m284.8 m275.5 m

Inventories

22.2 m26.2 m29.5 m24.2 m23.4 m24 m21.9 m20 m25.7 m

Current Assets

476 m522.7 m470.3 m520.1 m531.5 m488.6 m501.7 m531.5 m494.9 m
USDFY, 2014FY, 2015FY, 2016

Net Income

113.5 m136.8 m33.9 m

Depreciation and Amortization

59.9 m57.8 m59.2 m

Accounts Receivable

(2.4 m)(19 m)10.7 m

Inventories

4.1 m(1 m)3.5 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

29.4 m39.6 m25.3 m11 m32.5 m80.9 m34 m71.8 m39.8 m

Depreciation and Amortization

12.8 m14.3 m14.6 m15.1 m15 m14.6 m13.9 m13.5 m13.3 m

Accounts Receivable

263.6 m289.7 m269.5 m278.2 m294.6 m281.3 m273.4 m284.8 m275.5 m

Inventories

22.2 m26.2 m29.5 m24.2 m23.4 m24 m21.9 m20 m25.7 m
Y, 2017

Financial Leverage

2.7 x
Show all financial metrics

Meredith Operating Metrics

Meredith's Monthly Unique Visitors was reported to be 71 m in FY, 2016, which is a 1% increase from the previous period
FY, 2014FY, 2015FY, 2016

Agents

8.3 k9 k10 k

Websites (National Media)

405050

Applications (National Media)

202015

Monthly Unique Visitors

51 m70 m71 m
Show all operating metrics

Meredith Market Value History

Meredith Revenue Breakdown

Meredith Median Salaries

Source: 16 public H-1B filings from Meredith

Meredith's Web-traffic and Trends

Meredith Online and Social Media Presence

Meredith News and Updates

This is why Time Inc's shares are soaring

Shares in magazine publisher Time Inc are up more than 25 per cent today after two billionaire brothers joined talks to buy the company. Charles G. and David H. Koch, known for their donations to the Republican Party, have joined publisher Meredith in a renewed push to buy Time, according to the …

Meredith approaches Time again with Koch brothers backing: source

(Reuters) - Meredith Corp is in talks again to buy Time Inc in a potential deal backed by billionaire brothers Charles Koch and David Koch, a source familiar with the situation told Reuters on Thursday.

An obscure company is ground zero for the biggest debate in the stock market (MDP)

More than 20% of Meredith Corporation's shares are owned by ETFs, with much of that being held in dividend-focused funds. This is among the highest percentages in the US market, and serves as a microcosm for the debate around the effect rapidly-growing ETF investment is having on the stock market.…

The Academics and Economics Behind School Choice

Indiana’s booming program highlights the benefits and battles over vouchers.

Elliott proposes $18.5 billion Oncor deal to top Buffett

(Reuters) - Elliott Management Corp, the largest creditor of the bankrupt parent of Oncor Electric Delivery Co, unveiled a plan on Monday to best Berkshire Hathaway Inc's deal for the Texas utility with a bid worth $18.5 billion, including debt.
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Meredith Company Life and Culture

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