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Ziff Davis (Ziff Davis) ROE % : 13.72% (As of Dec. 2023)


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What is Ziff Davis ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ziff Davis's annualized net income for the quarter that ended in Dec. 2023 was $254 Mil. Ziff Davis's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $1,849 Mil. Therefore, Ziff Davis's annualized ROE % for the quarter that ended in Dec. 2023 was 13.72%.

The historical rank and industry rank for Ziff Davis's ROE % or its related term are showing as below:

ZD' s ROE % Range Over the Past 10 Years
Min: 2.19   Med: 15.02   Max: 31.25
Current: 2.22

During the past 13 years, Ziff Davis's highest ROE % was 31.25%. The lowest was 2.19%. And the median was 15.02%.

ZD's ROE % is ranked worse than
51.16% of 989 companies
in the Media - Diversified industry
Industry Median: 2.39 vs ZD: 2.22

Ziff Davis ROE % Historical Data

The historical data trend for Ziff Davis's ROE % 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 ROE % Chart

Ziff Davis Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.65 11.95 31.25 3.30 2.19

Ziff Davis Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 14.64 -1.61 3.55 -6.76 13.72

Competitive Comparison of Ziff Davis's ROE %

For the Advertising Agencies subindustry, Ziff Davis's ROE %, along with its competitors' market caps and ROE % 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 ROE % Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Ziff Davis's ROE % falls into.



Ziff Davis ROE % Calculation

Ziff Davis's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=41.503/( (1892.611+1892.998)/ 2 )
=41.503/1892.8045
=2.19 %

Ziff Davis's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=253.688/( (1804.138+1892.998)/ 2 )
=253.688/1848.568
=13.72 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Ziff Davis  (NAS:ZD) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=253.688/1848.568
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(253.688 / 1559.54)*(1559.54 / 3427.1245)*(3427.1245 / 1848.568)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.27 %*0.4551*1.8539
=ROA %*Equity Multiplier
=7.4 %*1.8539
=13.72 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=253.688/1848.568
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (253.688 / 304.192) * (304.192 / 322.88) * (322.88 / 1559.54) * (1559.54 / 3427.1245) * (3427.1245 / 1848.568)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.834 * 0.9421 * 20.7 % * 0.4551 * 1.8539
=13.72 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Ziff Davis ROE % Related Terms

Thank you for viewing the detailed overview of Ziff Davis's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


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