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Time

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Media & Entertainmentmedianews

Time Inc. is one of the world’s most influential media networks that opens experiences to people and your brands like never before, spanning stories, passions and mediums for a more powerful impact. It is home to 100 iconic brands like People, Sports Illustrated, Time, InStyle, Real Simple, Food & Wine, and Fortune, as well as more than 50 diverse brands in the United Kingdom such as Decanter, Horse & Hound and Wallpaper. It hosts the world’s most anticipated annual events - the TIME 100, Sports Illustrated Sportsman of the Year, the Fortune Most Powerful Women Summit, the Essence Festival, and the Food & Wine Classic in Aspen, all attended by hundreds of thousands of VIPs, journalists and influencers.

Revenue(FY, 2016)
$3.1 B
StateClosed
TypeSubsidiary
Parent CompanyMeredith
HQNew York, US
Founded1922
Websitetimeinc.com
Cybersecurity ratingCMore
Time was founded in 1922 and is headquartered in New York, US

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Key People/Management at Time

Rich Battista

Rich Battista

President and Chief Executive Officer

Time Office Locations

Time has offices in New York, Amargosa Valley, Atlanta, Bala Cynwyd and in 24 other locations
New York, US (HQ)
225 Liberty St
Amargosa Valley, US
Amargosa Valley, NV 89020, USA
Atlanta, US
Atlanta, GA, USA
Bala Cynwyd, US
Bala Cynwyd, PA, USA
Birmingham, US
2100 Lakeshore Dr
Bloomfield Hills, US
Bloomfield Hills, MI 48304, USA
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Time Financials and Metrics

Summary Metrics

Founding Date

1922
Time is a subsidiary of Meredith

Time Revenue

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View revenue for all periods
Time's revenue was reported to be $3.08 b in FY, 2016 which is a 0.9% decrease from the previous period.
Annual
USDFY, 2014FY, 2015FY, 2016

Revenue

3.3b3.1b3.1b

Revenue growth, %

(5%)(1%)

Cost of goods sold

1.3b1.2b1.3b

Gross profit

2.0b1.9b1.8b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

745.0m820.0m821.0m680.0m773.0m773.0m690.0m769.0m750.0m636.0m694.0m679.0m

Cost of goods sold

311.0m332.0m324.0m274.0m297.0m308.0m297.0m332.0m327.0m284.0m303.0m280.0m

Gross profit

434.0m488.0m497.0m406.0m476.0m465.0m393.0m437.0m423.0m352.0m391.0m399.0m

Gross profit Margin, %

58%60%61%60%62%60%57%57%56%55%56%59%
show all
Annual
USDFY, 2014FY, 2015FY, 2016

Cash

519.0m651.0m296.0m

Accounts Receivable

488.0m

Prepaid Expenses

117.0m

Inventories

48.0m187.0m110.0m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

51.0m204.0m325.0m458.0m338.0m265.0m340.0m320.0m244.0m241.0m269.0m332.0m

Accounts Receivable

414.0m383.0m407.0m413.0m414.0m428.0m470.0m431.0m456.0m427.0m417.0m409.0m

Prepaid Expenses

133.0m113.0m129.0m141.0m157.0m186.0m183.0m162.0m140.0m132.0m133.0m125.0m

Inventories

63.0m62.0m59.0m42.0m42.0m42.0m34.0m33.0m38.0m30.0m27.0m29.0m
show all
Annual
USDFY, 2014FY, 2015FY, 2016

Net Income

87.0m(48.0m)

Depreciation and Amortization

78.0m83.0m

Inventories

3.0m

Accounts Payable

452.1k(72.0m)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

(74.0m)(106.0m)(58.0m)(9.0m)15.0m(898.0m)(10.0m)8.0m(28.0m)(72.0m)(59.0m)

Depreciation and Amortization

43.0m91.0m135.0m19.0m39.0m69.0m21.0m20.0m

Inventories

(7.0m)(2.0m)5.0m6.0m5.0m2.0m(4.0m)1.0m4.0m2.0m

Accounts Payable

(38.0m)(7.0m)(122.0m)(121.0m)(121.0m)(165.0m)(178.0m)(110.0m)(93.0m)(105.0m)(107.0m)
show all
USDQ1, 2014

Financial Leverage

1.4 x
Show all financial metrics

Time Acquisitions / Subsidiaries

Company NameDateDeal Size
Hello GigglesOctober 18, 2015$30 m

Time Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

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Time Online and Social Media Presence

Time's Trends

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 Time Frequently Asked Questions

  • When was Time founded?

    Time was founded in 1922.

  • Who are Time key executives?

    Time's key executives are Rich Battista.

  • How many employees does Time have?

    Time has 7,450 employees.

  • What is Time revenue?

    Latest Time annual revenue is $3.1 b.

  • What is Time revenue per employee?

    Latest Time revenue per employee is $412.9 k.

  • Who are Time competitors?

    Competitors of Time include Boston Globe Media, Mic Network and Salon Media Group.

  • Where is Time headquarters?

    Time headquarters is located at 225 Liberty St, New York.

  • Where are Time offices?

    Time has offices in New York, Amargosa Valley, Atlanta, Bala Cynwyd and in 24 other locations.

  • How many offices does Time have?

    Time has 31 offices.