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Ziff Davis (Ziff Davis) EBIT : $111 Mil (TTM As of Mar. 2024)


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What is Ziff Davis EBIT?

Ziff Davis's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $111 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ziff Davis's annualized ROC % for the quarter that ended in Mar. 2024 was 3.19%. Ziff Davis's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 44.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ziff Davis's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.93%.


Ziff Davis EBIT Historical Data

The historical data trend for Ziff Davis's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ziff Davis EBIT Chart

Ziff Davis Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.71 134.54 423.37 165.00 95.01

Ziff Davis Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.42 34.20 -22.91 78.30 21.27

Competitive Comparison of Ziff Davis's EBIT

For the Advertising Agencies subindustry, Ziff Davis's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ziff Davis's EV-to-EBIT Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Ziff Davis's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ziff Davis's EV-to-EBIT falls into.



Ziff Davis EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $111 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ziff Davis  (NAS:ZD) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Ziff Davis's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=143.444 * ( 1 - 42.2% )/( (2530.535 + 2675.079)/ 2 )
=82.910632/2602.807
=3.19 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3471.022 - 181.326 - ( 764.721 - max(0, 431.833 - 1190.994+764.721))
=2530.535

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3727.031 - 422.184 - ( 751.183 - max(0, 663.334 - 1293.102+751.183))
=2675.079

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Ziff Davis's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=85.088/( ( (188.169 + max(-5.5600000000001, 0)) + (190.897 + max(-121.415, 0)) )/ 2 )
=85.088/( ( 188.169 + 190.897 )/ 2 )
=85.088/189.533
=44.89 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(337.703 + 0 + 88.57) - (181.326 + 184.549 + 65.958)
=-5.5600000000001

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(446.883 + 0 + 95.036) - (422.184 + 199.88 + 41.27)
=-121.415

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Ziff Davis's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=110.858/2817.268
=3.93 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ziff Davis EBIT Related Terms

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Ziff Davis (Ziff Davis) Business Description

Traded in Other Exchanges
Address
114 5th Avenue, 15th Floor New York, NY 10011
Ziff Davis is a vertically focused digital media and internet company whose portfolio includes leading brands in technology, entertainment, shopping, health, cybersecurity, and martech.
Executives
Vivek Shah director, officer: Chief Executive Officer C/O J2 GLOBAL, INC., 6922 HOLLYWOOD BOULEVARD, SUITE 500, LOS ANGELES CA 90028
Sarah Ann Fay director 5 GORHAN AVENUE, BROOKLINE MA 02445
Layth Taki officer: Chief Accounting Officer 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
W Brian Kretzmer director 26110 ENTERPRISE WAY, STE 200, LAKE FOREST CA 92630
Jeremy Rossen officer: VP/General Counsel ZIFF DAVIS INC, 114 5TH AVE,14TH AND 15TH FLOOR, NEW YORK NY 10011
Bret Richter officer: Chief Financial Officer 11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
Teresa A Harris director 1820 E BIG BEAVER RD, TROY MI 48083
R Scott Turicchi officer: President C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Douglas Y Bech director C/O J2 GLOBAL COMMUNICATIONS INC, 6922 HOLLYWOOD BLVD/LEGAL DEPT - 5TH FL., LOS ANGELES CA 90028
Richard S Ressler director, 10 percent owner C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Pamela Sutton-wallace director 197 VAN VORST ST, APT 1505, JERSEY CITY NJ 07302
Scott C Taylor director 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Stephen Ross director
Robert J Cresci director
Jon Miller director C/O TRIPADVISOR, INC, 141 NEEDHAM STREET, NEWTON MA 02464