Ziff Davis ZD Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 85.3%-0.3pp | 85.7%-0.3pp | 86%0.0pp | 86.1%+0.4pp | 85.7%0.0pp | |
| Operating margin | 10.9%-0.8pp | 11.6%+0.6pp | 11.1%+4.1pp | 7%+0.2pp | 6.8%-1.3pp | |
| Net margin | 3.3%-0.1pp | 3.4%-4.5pp | 7.9%+3.2pp | 4.7%-0.9pp | 5.6%+1.1pp | |
| EBITDA margin | 26.9%-1.2pp | 28%+0.5pp | 27.5%+4.4pp | 23.1%+0.2pp | 22.9%-0.3pp | |
| Free cash flow margin | 20.8%+0.2pp | 20.6%+2.0pp | 18.6%+1.9pp | 16.8%-0.2pp | 17%-3.2pp | |
| Returns | ||||||
| Return on equity | 2.6%-0.1pp | 2.7%-3.6pp | 6.3%+2.7pp | 3.6%-0.6pp | 4.1%+0.7pp | |
| Return on assets | 1.3%0.0pp | 1.3%-1.9pp | 3.2%+1.4pp | 1.8%-0.3pp | 2.1%+0.4pp | |
| Return on invested capital | 3.6%-0.8pp | 4.4%-0.5pp | 5%+2.7pp | 2.3%0.0pp | 2.3%-0.6pp | |
| Efficiency | ||||||
| Asset turnover | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.7×+0.4× | 1.3×-0.3× | 1.6×0.0× | 1.6×+0.1× | 1.5×+0.1× | |
| Quick ratio | 1.7×+0.4× | 1.3×-0.3× | 1.6×0.0× | 1.6×+0.1× | 1.5×+0.1× | |
| Cash ratio | 0.6×+0.1× | 0.5×-0.2× | 0.7×+0.1× | 0.7×+0.1× | 0.6×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Debt-to-assets | 0.3×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Net debt / EBITDA | 0.9×+0.1× | 0.8×-0.1× | 0.9×-0.3× | 1.3×-0.2× | 1.5×+0.2× | |
| Per Share | ||||||
| Book value per share | $45.79+7.3% | $42.67-3.8% | $44.35+3.9% | $42.71+0.3% | $42.59+4.7% | |
| Valuation | ||||||
| Market capitalization | $1.59B+14.3% | $1.39B-11.1% | $1.56B+16.1% | $1.35B-16.5% | $1.61B-30.6% | |
| Enterprise value | $1.93B+13.4% | $1.71B-11.3% | $1.92B+9.7% | $1.75B-15.1% | $2.07B-24.3% | |
| Price / earnings | 35×+5.7× | 29.3×+15.3× | 14.1×-6.3× | 20.4×-0.7× | 21×-15.8× | |
| Price / sales | 1.1×+0.1× | 1×-0.1× | 1.1×+0.1× | 1×-0.2× | 1.2×-0.5× | |
| Price / book | 0.9×+0.1× | 0.8×-0.1× | 0.9×+0.1× | 0.7×-0.2× | 0.9×-0.4× | |
| EV / EBITDA | 5.2×+0.8× | 4.4×-0.6× | 5×-0.5× | 5.4×-1.2× | 6.6×-1.8× | |
| EV / sales | 1.4×+0.2× | 1.2×-0.2× | 1.4×+0.1× | 1.3×-0.3× | 1.5×-0.4× | |
| Free cash flow yield | 18.2%-2.5pp | 20.7%+4.0pp | 16.7%-0.6pp | 17.3%+3.0pp | 14.3%+2.1pp | |
| Earnings yield | 2.9%-0.6pp | 3.4%-3.7pp | 7.1%+2.2pp | 4.9%+0.2pp | 4.8%+2.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Ziff Davis's profit margins?
- Ziff Davis (ZD) runs a 85.3% gross margin and a 10.9% operating margin, with a 3.3% net margin.
- Where do Ziff Davis's ratios come from?
- Every ratio is computed from Ziff Davis's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
