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MediaAlpha MAX Net debt / EBITDA

Net debt / EBITDA at other companies

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-6.2×
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-2.3×-0.3×
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-3.8×+0.5×
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3.6×+0.8×

Other financials

Income statement

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Revenue$316.9M+25.9%
Gross profit$45.2M+19.9%
Operating income$20.0M+200%
Net income$39.4M+310%
EPS (diluted)$0.65+297%

Balance sheet

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Cash & equivalents$23.7M-72.2%
Total debt$176.7M+11.8%
Total equity$28.4M+853%
Total assets$359.8M+44.3%

Cash flow

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Operating cash flow$42.6M+65.6%
CapEx$774.0K+342%
Free cash flow$41.8M+63.7%

Valuation

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Market cap$820.94M+52.3%
Enterprise value$973.9M+59.3%
P/E8.4×
P/S0.7×+0.2×

Profitability

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Gross margin14.7%-0.9pp
Operating margin6.9%+5.6pp
Net margin7.9%+7.4pp
FCF margin7.8%+2.4pp

Returns & leverage

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Return on equity793.8%
Debt / equity6.2×
Current ratio1.3×0.0×

Where this comes from

Calculated from MediaAlpha’s reported figures.

Based on the most recent quarter.

The source filing: MediaAlpha’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001818383-26-000200

FAQ

What is MediaAlpha's net debt / EBITDA?
MediaAlpha (MAX) reported net debt / EBITDA of 1.8× in Q2 2026.
How has MediaAlpha's net debt / EBITDA changed year-over-year?
MediaAlpha's net debt / EBITDA decreased by 53.0% year-over-year, from 3.8× to 1.8×.
What is the long-term trend for MediaAlpha's net debt / EBITDA?
Over 3 years (2020 to 2025), MediaAlpha's net debt / EBITDA has grown at a -15.5% compound annual growth rate (CAGR), from 7× to 4.3×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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