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BuzzFeed (BuzzFeed) ROE % : -38.62% (As of Dec. 2023)


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What is BuzzFeed ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BuzzFeed's annualized net income for the quarter that ended in Dec. 2023 was $-44.1 Mil. BuzzFeed's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $114.1 Mil. Therefore, BuzzFeed's annualized ROE % for the quarter that ended in Dec. 2023 was -38.62%.

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

BZFD' s ROE % Range Over the Past 10 Years
Min: -71.55   Med: 14.04   Max: Negative Equity
Current: -62.76

During the past 6 years, BuzzFeed's highest ROE % was Negative Equity%. The lowest was -71.55%. And the median was 14.04%.

BZFD's ROE % is ranked worse than
87.03% of 555 companies
in the Interactive Media industry
Industry Median: 0.01 vs BZFD: -62.76

BuzzFeed ROE % Historical Data

The historical data trend for BuzzFeed'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.

BuzzFeed ROE % Chart

BuzzFeed Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial - Negative Equity 87.11 -71.55 -59.04

BuzzFeed Quarterly Data
Dec18 Dec19 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 -173.96 -83.10 -77.81 -43.85 -38.62

Competitive Comparison of BuzzFeed's ROE %

For the Internet Content & Information subindustry, BuzzFeed'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.


BuzzFeed's ROE % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, BuzzFeed's ROE % distribution charts can be found below:

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



BuzzFeed ROE % Calculation

BuzzFeed'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 )
=-88.579/( (191.217+108.828)/ 2 )
=-88.579/150.0225
=-59.04 %

BuzzFeed'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 )
=-44.08/( (119.471+108.828)/ 2 )
=-44.08/114.1495
=-38.62 %

* 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.


BuzzFeed  (NAS:BZFD) 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
=-44.08/114.1495
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-44.08 / 137.296)*(137.296 / 421.3415)*(421.3415 / 114.1495)
=Net Margin %*Asset Turnover*Equity Multiplier
=-32.11 %*0.3259*3.6911
=ROA %*Equity Multiplier
=-10.46 %*3.6911
=-38.62 %

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
=-44.08/114.1495
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-44.08 / 76.536) * (76.536 / 67.124) * (67.124 / 137.296) * (137.296 / 421.3415) * (421.3415 / 114.1495)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.5759 * 1.1402 * 48.89 % * 0.3259 * 3.6911
=-38.62 %

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.


BuzzFeed ROE % Related Terms

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


BuzzFeed (BuzzFeed) Business Description

Traded in Other Exchanges
Address
229 West 43rd Street, New York, NY, USA, 10036
BuzzFeed Inc is a tech-powered, diversified media company that reaches hundreds of millions globally through its cross-platform news and entertainment network. The company produces articles, lists, quizzes, videos, and original series; lifestyle content through brands including Tasty, the world's largest social food network; original reporting and investigative journalism through BuzzFeed News and HuffPost; an industry- leading affiliate business, strategic partnerships, licensing and product development through BuzzFeed Commerce; and original productions across broadcast, cable, SVOD, film and digital platforms for BuzzFeed Studios.
Executives
Johnson John S. Iii other: Member of 10% Group C/O CRM MANAGEMENT, PO BOX 778, NEW YORK NY 10013
Matthew Omer officer: CFO C/O BUZZFEED, INC., 229 W. 43RD ST., NEW YORK NY 10036
Comcast Corp 10 percent owner ONE COMCAST CENTER, PHILADELPHIA PA 19103-2838
Janet L Rolle director 75 WEST 125TH STREET, NEW YORK NY 10027
Joan Lordi Amble director AMERICAN EXPRESS COMPANY, 200 VESEY STREET, NEW YORK NY 10285
David Arroyo officer: Chief Legal Officer 229 W. 43RD ST., NEW YORK NY 10036
Daniel Weinstein officer: Chief Accounting Officer C/O BUZZFEED, INC., 229 W. 43RD ST., NEW YORK NY 10036
Marcela Martin officer: President C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
Johnson Bf, Llc other: Member of 10% Group C/O CRM MANAGEMENT, PO BOX 778, NEW YORK NY 10013
Adam Rothstein director, officer: Executive Chairman 101 CROSS HWY, WESTPORT CA 92610
Gregory Coleman director C/O MEREDITH CORP., 1716 LOCUST STREET, DES MOINES IA 50309
Phuong Dao Nguyen officer: Publisher C/O BUZZFEED, INC., 111 EAST 18TH STREET, NEW YORK NY 10003
Christian Baesler officer: Chief Operating Officer 111 EAST 18TH STREET, NEW YORK NY 10003
Felicia Dellafortuna officer: Chief Financial Officer C/O BUZZFEED, INC., 111 EAST 18TH STREET, NEW YORK NY 10003
Rhonda Powell officer: Chief Legal Officer C/O BUZZFEED, INC., 111 EAST 18TH STREET, NEW YORK NY 10003