Meredith (MDP) stock price, revenue, and financials

Meredith market cap is $679 m, and annual revenue was $3.19 b in FY 2019

$679 M

MDP Mkt cap, 22-May-2020

$701.7 M

Meredith Revenue Q3, 2020
Meredith Net income (Q3, 2020)-284.4 M
Meredith Cash, 31-Mar-2020103.4 M
Meredith EV3.4 B

Meredith Revenue Breakdown

Embed Graph

Meredith revenue breakdown by business segment: 66.8% from National media and 33.2% from Local media

Meredith Income Statement

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.4b1.4b1.5b1.6b1.7b2.2b3.2b

Revenue growth, %

3%4%31%

Sales and marketing expense

93.6m89.9m90.2m914.2m934.2m

General and administrative expense

581.5m599.0m654.1m962.7m

Operating expense total

675.1m688.9m744.3m1.5b1.4b962.7m

Depreciation and amortization

59.2m53.9m129.0m247.6m

EBIT

225.3m185.8m210.8m130.6m309.1m99.0m

EBIT margin, %

16%13%14%8%18%4%

Interest expense

13.0m12.9m13.4m20.4m18.8m96.9m170.6m

Interest income

31.0k8.0k17.0k

Pre tax profit

212.4m172.9m197.4m110.2m290.3m(9.6m)140.6m

Income tax expense

80.7m68.5m73.8m76.3m101.4m(123.6m)11.5m

Net Income

127.4m104.4m123.7m33.9m188.9m114.0m46.3m

Quarterly

USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

344.4m366.9m340.7m327.9m328.7m345.5m354.2m360.6m369.6m356.5m398.2m384.7m406.4m422.8m399.9m442.6m425.4m392.8m417.7m648.8m756.7m853.5m743.4m725.2m810.5m701.7m

Sales and marketing expense

218.7m241.6m222.4m225.9m267.1m210.7m209.2m231.8m

General and administrative expense

143.4m149.7m143.6m143.0m134.9m159.4m156.3m158.1m166.9m161.1m182.0m288.6m336.1m325.9m305.8m330.8m338.4m294.2m

Operating expense total

143.4m149.7m143.6m143.0m134.9m159.4m156.3m158.1m166.9m161.1m182.0m355.7m346.3m294.7m339.1m332.8m355.4m336.0m380.4m288.6m336.1m325.9m305.8m330.8m338.4m678.3m

Depreciation and amortization

11.8m14.6m15.1m15.0m14.6m13.9m13.5m13.3m12.6m12.5m40.0m63.7m61.5m58.5m58.6m53.5m

EBIT

47.6m69.6m51.8m38.2m54.9m38.3m45.3m57.5m50.0m42.8m47.1m29.0m60.1m128.0m60.8m109.8m70.0m56.8m37.3m(68.1m)53.7m131.9m74.9m42.9m133.9m

EBIT margin, %

14%19%15%12%17%11%13%16%14%12%12%8%15%30%15%25%16%14%9%(10%)7%15%10%6%17%

Interest expense

3.5m3.4m3.2m2.7m2.9m3.3m3.7m3.3m3.2m2.7m5.2m5.3m5.3m5.1m4.7m4.7m4.6m5.1m5.2m45.7m41.4m50.6m38.4m38.9m36.9m100.0k

Interest income

11.0k11.0k6.0k

Pre tax profit

44.1m66.3m48.6m35.5m52.0m35.0m41.6m54.1m46.8m40.1m41.9m23.7m54.8m122.9m56.0m105.1m65.4m51.7m32.2m(125.6m)19.6m87.2m40.6m12.6m89.8m

Income tax expense

18.4m25.7m17.8m13.9m20.4m13.8m16.8m18.6m17.4m16.1m16.7m12.7m22.3m42.0m22.0m33.3m25.7m18.3m5.2m(30.2m)3.6m200.0k12.5m500.0k27.7m(43.6m)

Net Income

25.7m40.6m30.8m21.6m31.6m21.2m24.9m35.6m29.4m24.0m25.3m11.0m32.5m80.9m34.0m71.8m39.8m33.4m159.3m(110.1m)17.0m18.6m23.7m6.1m37.8m(284.4m)

Meredith Balance Sheet

Quarterly

USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

21.7m18.2m20.7m18.9m26.1m24.7m27.6m24.7m24.5m16.4m25.9m22.1m30.3m18.1m19.7m29.9m27.9m17.2m32.1m44.5m27.4m27.8m35.0m372.2m144.0m77.1m52.5m27.4m21.2m103.4m

Accounts Receivable

232.0m238.8m221.1m213.4m210.1m219.2m222.8m222.8m226.5m237.0m238.6m240.8m263.6m289.7m269.5m278.2m294.6m281.3m273.4m284.8m275.5m286.7m297.4m552.9m628.7m594.0m589.5m616.6m509.9m

Prepaid Expenses

16.7m18.1m14.8m21.4m22.0m16.6m19.1m21.1m19.0m20.9m18.0m19.2m19.8m24.4m27.6m39.1m31.1m25.8m25.5m23.4m22.2m28.3m31.5m136.5m105.2m85.6m59.3m72.2m67.8m

Inventories

25.1m22.9m28.3m23.6m21.1m28.2m25.1m24.9m26.1m29.0m25.7m26.5m22.2m26.2m29.5m24.2m23.4m24.0m21.9m20.0m25.7m23.3m21.4m43.4m50.3m59.6m70.5m49.5m40.7m

Current Assets

368.1m365.2m348.7m340.3m343.6m363.6m383.8m389.7m399.4m408.4m417.8m418.3m476.0m522.7m470.3m520.1m531.5m488.6m501.7m531.5m494.9m535.7m542.9m2.1b1.7b1.4b1.4b1.3b1.1b950.7m

PP&E

182.8m183.8m184.7m193.3m197.9m197.5m190.9m190.6m187.7m181.7m180.8m188.8m197.7m212.5m210.3m203.5m199.6m195.3m183.9m183.8m180.5m200.6m200.9m496.7m463.7m449.4m435.8m893.2m442.1m

Goodwill

498.4m512.4m514.6m544.5m566.9m730.1m734.6m733.2m732.7m788.8m788.8m857.2m840.8m941.2m1.0b998.3m1.0b1.0b883.1m895.4m895.4m907.6m907.6m1.9b1.9b2.0b2.0b2.0b2.0b1.7b

Total Assets

1.7b1.7b1.7b1.7b1.8b2.0b2.0b2.1b2.1b2.1b2.1b2.3b2.5b2.8b2.8b2.9b2.9b2.8b2.6b2.7b2.6b2.8b2.7b6.9b6.4b6.1b6.1b6.6b6.2b5.7b

Accounts Payable

68.6m65.5m56.0m67.2m52.9m56.0m50.9m48.0m58.7m62.0m58.0m60.5m77.3m76.3m83.7m96.9m76.9m71.2m74.5m75.7m75.7m76.7m83.9m209.5m161.4m186.2m219.7m217.3m149.4m131.9m

Short-term debt

50.0m50.0m50.0m50.0m50.0m50.0m50.0m50.0m50.0m25.0m25.0m75.0m62.5m62.5m62.5m65.6m68.8m71.9m75.0m62.5m62.5m62.5m65.6m17.6m35.5m

Current Liabilities

412.4m418.7m388.9m371.7m387.1m411.5m411.4m430.5m428.5m396.6m415.5m459.0m436.2m484.4m506.7m536.9m510.1m509.6m475.2m491.4m464.8m494.8m473.7m1.2b1.1b1.1b1.1b1.2b888.9m773.3m

Long-term debt

235.0m195.0m175.0m200.0m200.0m370.0m355.0m315.0m305.0m345.0m315.0m450.0m659.4m796.3m763.1m753.8m730.0m631.3m622.4m611.7m568.7m642.8m631.6m3.1b2.9b2.5b2.5b2.9b2.8b2.8b

Non-Current Liabilities

1.0b980.5m

Total Debt

285.0m245.0m225.0m250.0m250.0m420.0m405.0m365.0m355.0m370.0m340.0m525.0m721.9m858.8m825.6m819.4m798.8m703.1m697.4m674.2m631.2m705.3m697.2m3.1b2.9b2.5b2.5b2.9b2.8b2.8b

Total Liabilities

945.6m965.2m1.0b1.2b1.2b1.2b1.2b1.3b1.3b1.4b1.6b1.9b1.9b1.9b1.9b1.8b1.7b1.7b1.6b1.8b1.6b5.2b4.8b4.5b4.5b4.8b4.5b

Preferred Stock

Additional Paid-in Capital

67.7m71.5m70.9m53.1m51.7m54.6m48.4m47.2m48.8m47.4m48.8m45.9m40.7m43.6m47.2m55.4m59.0m56.5m56.2m55.3m54.8m56.6m58.9m198.6m207.5m212.7m212.6m222.9m223.2m225.2m

Retained Earnings

619.8m649.9m669.0m697.9m712.3m716.3m730.5m748.2m760.3m781.6m793.9m793.0m824.0m844.2m848.9m861.2m873.0m931.6m830.2m879.7m895.9m924.9m1.1b917.0m865.1m839.1m817.6m711.2m702.9m371.6m

Total Equity

705.7m740.3m759.5m780.1m793.1m800.3m800.7m817.4m831.7m857.8m871.7m868.1m901.2m923.1m929.7m946.4m964.0m1.0b904.4m955.9m972.7m1.0b1.1b1.1b1.1b1.1b1.0b928.6m930.3m592.1m

Debt to Equity Ratio

0.4 x0.3 x0.3 x0.3 x0.3 x0.5 x0.5 x0.4 x0.4 x0.4 x0.4 x0.6 x0.8 x0.9 x0.9 x0.9 x0.8 x0.7 x0.8 x0.7 x0.6 x0.7 x0.6 x2.8 x2.7 x2.4 x2.4 x

Debt to Assets Ratio

0.2 x0.1 x0.1 x0.1 x0.1 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.2 x0.3 x0.3 x0.3 x0.3 x0.3 x0.2 x0.3 x0.3 x0.2 x0.3 x0.3 x0.5 x0.5 x0.4 x0.4 x

Financial Leverage

2.4 x2.3 x2.2 x2.2 x2.3 x2.5 x2.6 x2.5 x2.5 x2.5 x2.5 x2.7 x2.8 x3 x3 x3 x3 x2.8 x2.9 x2.8 x2.7 x2.7 x2.4 x6 x5.9 x5.8 x5.9 x7.1 x6.7 x9.6 x

Meredith Cash Flow

Quarterly

USDQ1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

25.7m66.3m97.1m21.6m53.2m74.4m24.9m60.4m89.8m24.0m54.6m73.1m29.4m69.0m94.2m11.0m43.5m124.5m34.0m105.8m145.6m33.4m192.7m82.6m17.0m35.6m59.3m6.1m43.9m(240.5m)

Depreciation and Amortization

9.8m19.5m29.4m9.8m20.3m31.7m11.9m22.9m34.0m11.8m23.4m35.2m12.8m25.8m40.4m15.1m30.1m44.7m13.9m27.4m40.7m12.6m25.0m65.0m63.7m128.8m190.3m58.5m117.1m111.6m

Cash From Operating Activities

27.1m84.5m140.4m3.6m68.7m105.6m10.6m80.4m113.3m(6.4m)60.7m91.4m11.1m74.4m123.3m2.8m47.7m173.6m35.4m117.3m178.0m51.4m101.6m96.6m(36.0m)59.4m152.5m(13.5m)72.1m

Purchases of PP&E

(2.9m)(11.2m)(19.6m)(14.1m)(26.6m)(30.7m)(5.7m)(13.7m)(18.9m)(3.8m)(11.3m)(16.5m)(1.9m)(11.9m)(20.0m)(1.8m)(7.9m)(13.4m)(2.2m)(10.9m)(16.2m)(20.6m)(28.8m)(41.5m)(7.5m)(17.0m)(28.6m)(15.9m)(34.5m)(45.6m)

Cash From Investing Activities

(27.9m)(39.7m)(58.8m)(48.1m)(83.7m)(275.4m)(9.0m)(19.7m)(26.3m)(4.5m)(12.2m)(205.1m)(1.9m)(195.8m)(191.5m)(73.0k)(6.3m)(19.8m)(2.2m)(22.8m)(30.1m)(19.4m)(29.6m)(2.7b)4.1m329.1m302.0m(30.1m)(23.7m)10.5m

Long-term Borrowings

(27.5m)(67.5m)(87.5m)(5.0m)(30.0m)(70.0m)(10.0m)(55.0m)(90.0m)(71.0m)(116.0m)(211.0m)(38.1m)(141.2m)(309.4m)(23.1m)(86.2m)(259.4m)(16.2m)(288.1m)(361.2m)(13.1m)(61.2m)(760.6m)(200.0m)(646.9m)(776.9m)(700.0k)(700.0k)(800.0k)

Dividends Paid

(10.5m)(21.0m)(32.7m)(11.5m)(28.7m)(45.9m)(17.1m)(34.1m)(52.3m)(18.3m)(36.6m)(56.0m)(19.4m)(38.8m)(59.4m)(20.7m)(41.4m)(63.7m)(22.4m)(44.8m)(68.4m)(23.6m)(47.2m)(81.8m)(39.8m)(80.1m)(120.9m)(41.6m)(83.2m)(125.5m)

Cash From Financing Activities

(26.1m)(75.2m)(109.5m)35.7m13.4m166.7m148.0k(61.8m)(88.4m)(342.0k)(50.3m)108.2m(15.5m)103.0m51.3m4.4m(36.4m)(159.4m)(26.0m)(75.0m)(145.5m)(26.4m)(59.3m)3.0b(261.2m)(748.8m)(842.3m)16.4m(129.5m)

Net Change in Cash

(26.9m)(30.4m)(27.9m)(8.8m)(1.6m)(3.0m)1.8m(1.1m)(1.3m)(11.3m)(1.8m)(5.6m)(6.2m)(18.5m)(16.9m)7.1m5.0m(5.6m)7.2m19.5m2.4m5.5m12.7m349.9m(293.6m)(360.5m)(385.1m)(17.6m)(23.8m)58.4m

Meredith Ratios

USDY, 2020

Financial Leverage

9.6 x

Meredith Operating Metrics

Meredith's Monthly Unique Visitors was reported to be 71 m in FY, 2016.
FY, 2014FY, 2015FY, 2016

Agents

8.30 k9 k10 k

Applications (Local Media)

27 38 40

Applications (National Media)

20 20 15

Countries

70 100 80

Monthly Unique Visitors

51 m70 m71 m

Websites (Local Media)

12 13 13

Websites (National Media)

40 50 50

Meredith Employee Rating

3.1473 votes
Culture & Values
3.1
Work/Life Balance
3.7
Senior Management
2.7
Salary & Benefits
3.2
Career Opportunities
2.8
Source