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GETY (Getty Images Holdings) Beneish M-Score : -2.68 (As of Jun. 24, 2025)


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What is Getty Images Holdings Beneish M-Score?

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Good Sign:

Beneish M-Score -2.68 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Getty Images Holdings's Beneish M-Score or its related term are showing as below:

GETY' s Beneish M-Score Range Over the Past 10 Years
Min: -101.81   Med: -2.51   Max: -2.13
Current: -2.68

During the past 5 years, the highest Beneish M-Score of Getty Images Holdings was -2.13. The lowest was -101.81. And the median was -2.51.


Getty Images Holdings Beneish M-Score Historical Data

The historical data trend for Getty Images Holdings's Beneish M-Score 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.

Getty Images Holdings Beneish M-Score Chart

Getty Images Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Beneish M-Score
- - -2.66 -2.17 -2.59

Getty Images Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Beneish M-Score 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 -2.23 -2.22 -2.48 -2.59 -2.68

Competitive Comparison of Getty Images Holdings's Beneish M-Score

For the Internet Content & Information subindustry, Getty Images Holdings's Beneish M-Score, along with its competitors' market caps and Beneish M-Score 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.


Getty Images Holdings's Beneish M-Score Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Getty Images Holdings's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Getty Images Holdings's Beneish M-Score falls into.


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Getty Images Holdings Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Getty Images Holdings for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 1.0226+0.528 * 0.9934+0.404 * 1.0076+0.892 * 1.042+0.115 * 1.1101
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.969+4.679 * -0.060118-0.327 * 0.9958
=-2.68

* 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.

This Year (Mar25) TTM:Last Year (Mar24) TTM:
Total Receivables was $208.8 Mil.
Revenue was 224.077 + 247.324 + 240.545 + 229.14 = $941.1 Mil.
Gross Profit was 163.868 + 181.701 + 176.453 + 166.043 = $688.1 Mil.
Total Current Assets was $350.3 Mil.
Total Assets was $2,566.5 Mil.
Property, Plant and Equipment(Net PPE) was $210.8 Mil.
Depreciation, Depletion and Amortization(DDA) was $61.9 Mil.
Selling, General, & Admin. Expense(SGA) was $405.1 Mil.
Total Current Liabilities was $488.4 Mil.
Long-Term Debt & Capital Lease Obligation was $1,334.7 Mil.
Net Income was -102.572 + 24.426 + -2.195 + 3.847 = $-76.5 Mil.
Non Operating Income was -36.989 + 32.188 + -30.404 + 0.827 = $-34.4 Mil.
Cash Flow from Operations was 15.384 + 39.696 + 10.653 + 46.443 = $112.2 Mil.
Total Receivables was $195.9 Mil.
Revenue was 222.278 + 225.939 + 229.298 + 225.675 = $903.2 Mil.
Gross Profit was 162.022 + 163.269 + 168.359 + 162.321 = $656.0 Mil.
Total Current Assets was $363.6 Mil.
Total Assets was $2,585.5 Mil.
Property, Plant and Equipment(Net PPE) was $217.0 Mil.
Depreciation, Depletion and Amortization(DDA) was $73.1 Mil.
Selling, General, & Admin. Expense(SGA) was $401.2 Mil.
Total Current Liabilities was $422.3 Mil.
Long-Term Debt & Capital Lease Obligation was $1,421.8 Mil.




1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(208.755 / 941.086) / (195.914 / 903.19)
=0.221824 / 0.216913
=1.0226

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(655.971 / 903.19) / (688.065 / 941.086)
=0.726282 / 0.731139
=0.9934

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (350.335 + 210.787) / 2566.503) / (1 - (363.617 + 216.97) / 2585.453)
=0.781367 / 0.775441
=1.0076

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=941.086 / 903.19
=1.042

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(73.107 / (73.107 + 216.97)) / (61.912 / (61.912 + 210.787))
=0.252026 / 0.227034
=1.1101

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(405.12 / 941.086) / (401.237 / 903.19)
=0.430481 / 0.444244
=0.969

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((1334.671 + 488.365) / 2566.503) / ((1421.837 + 422.327) / 2585.453)
=0.710319 / 0.713285
=0.9958

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(-76.494 - -34.378 - 112.176) / 2566.503
=-0.060118

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Getty Images Holdings has a M-score of -2.68 suggests that the company is unlikely to be a manipulator.


Getty Images Holdings Beneish M-Score Related Terms

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Getty Images Holdings Business Description

Traded in Other Exchanges
N/A
Address
605 5th Avenue S, Suite 400, Seattle, WA, USA, 98104
Getty Images Holdings Inc. is a visual content creator and marketplace that offers a full range of content solutions. Through its Getty Images, Stock, and Unsplash brands, websites, and APIs, it serves customers around the world by allowing them to discover, purchase, and share visual content from photographers, illustrators, image partners, and videographers. The company generates a majority of its revenue through subscriptions, offering various subscription products on the Getty Images, iStock, and Unsplash websites. It operates and manages one operating segment, which is the business of developing and commercializing visual content. Geographically, the company generates maximum revenue from the Americas, followed by Europe, the Middle East and Africa, and the Asia-Pacific region.
Executives
Chinh Chu director, officer: Chief Executive Officer THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Jonathan Gear director C/O IHS MARKIT LTD., 4TH FLOOR, ROPEMAKE, 25 ROPEMAKER STREET, LONDON X0 EC2Y 9LY
James Quella director C/O CATALENT, INC., 14 SCHOOLHOUSE ROAD, SOMERSET NJ 08822
Jason K Giordano officer: Executive VP, Corp. Develop. 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Joel Alsfine director 2905 PREMIERE PARKWAY, SUITE 300, DULUTH GA 30097
Matthew Skurbe officer: Chief Financial Officer C/O CC NEUBERGER PRINCIPAL HOLDINGS II, 200 PARK AVE, 58TH FLOOR, NEW YORK NY 10166
Douglas Newton officer: Executive VP, Corp. Develop. 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Charles Kantor director C/O NEUBERGER BERMAN, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Cc Neuberger Principal Holdings Ii Sponsor Llc 10 percent owner C/O CC CAPITAL, 200 PARK AVENUE, 58TH FLOOR, NEW YORK NY 10166