Criteo (CRTO) Financials

$26.29 -0.20 (-0.76%)

Closing price 05/23/2025 04:00 PM Eastern

Extended Trading

$26.30 +0.01 (+0.02%)

As of 05/23/2025 04:04 PM Eastern

Annual Income Statements for Criteo

This table shows Criteo's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Net Income / (Loss) Attributable to Common Shareholders	112	53	8.95	134	72	91	89	91	82	60	46
Consolidated Net Income / (Loss)	115	55	11	138	75	96	96	97	87	62	47
Net Income / (Loss) Continuing Operations	115	55	11	138	75	96	96	97	87	62	47
Total Pre-Tax Income	154	75	42	154	107	135	142	128	120	72	64
Total Operating Income	151	77	24	152	109	141	147	138	121	76	53
Total Gross Profit	983	863	795	782	688	829	834	819	645	472	355
Total Revenue	1,933	1,949	2,017	2,254	2,073	2,262	2,300	2,297	1,799	1,323	988
Operating Revenue	1,933	1,949	2,017	2,254	2,073	2,262	2,300	2,297	1,799	1,323	988
Total Cost of Revenue	950	1,086	1,222	1,472	1,385	1,432	1,466	1,477	1,154	851	633
Operating Cost of Revenue	950	1,086	1,222	1,472	1,385	1,432	1,466	1,477	1,154	851	633
Total Operating Expenses	832	786	771	630	579	688	687	682	524	395	302
Selling, General & Admin Expense	176	138	205	153	116	140	135	127	117	79	65
Marketing Expense	376	406	378	326	330	375	373	381	283	230	177
Research & Development Expense	279	242	188	152	133	173	179	174	124	87	60
Total Other Income / (Expense), net	3.10	-2.49	18	1.94	-1.94	-5.75	-5.08	-9.53	-0.55	-4.54	11
Other Income / (Expense), net	3.10	-2.49	18	1.94	-1.94	-5.75	-5.08	-9.53	-0.55	-4.54	11
Income Tax Expense	40	20	31	16	32	39	46	32	33	9.52	18
Net Income / (Loss) Attributable to Noncontrolling Interest	3.14	1.39	1.92	3.19	3.01	5.22	7.24	5.45	5.06	2.72	1.34
Basic Earnings per Share	$2.04	$0.95	$0.15	$2.21	$1.18	$1.41	$1.33	$1.40	$1.30	$0.96	$0.77
Weighted Average Basic Shares Outstanding	54.82M	56.17M	60.00M	60.72M	60.88M	64.31M	66.46M	65.14M	63.34M	61.84M	58.93M
Diluted Earnings per Share	$1.90	$0.88	$0.14	$2.09	$1.16	$1.38	$1.31	$1.34	$1.25	$0.91	$0.72
Weighted Average Diluted Shares Outstanding	58.61M	60.23M	62.76M	64.23M	61.82M	65.60M	67.66M	67.85M	65.63M	65.10M	63.49M
Weighted Average Basic & Diluted Shares Outstanding	54.34M	55.23M	55.83M	60.76M	60.76M	61.92M	67.71M	65.20M	63.30M	62M	-

This table shows Criteo's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	38	71	6.25	27	7.24	61	6.93	-2.88	-12	15	6.58
Consolidated Net Income / (Loss)	40	72	6.14	28	8.57	62	6.64	-1.97	-12	16	6.52
Net Income / (Loss) Continuing Operations	40	72	6.14	28	8.57	62	6.64	-1.97	-12	16	6.52
Total Pre-Tax Income	50	97	9.59	37	12	84	8.47	-0.89	-17	43	7.96
Total Operating Income	48	95	9.60	37	10	88	11	0.96	-23	49	4.48
Total Gross Profit	237	301	232	233	217	277	205	200	182	247	180
Total Revenue	451	553	459	471	450	566	469	469	445	564	447
Operating Revenue	451	553	459	471	450	566	469	469	445	564	447
Total Cost of Revenue	214	252	227	238	233	290	264	269	264	318	267
Operating Cost of Revenue	214	252	227	238	233	290	264	269	264	318	267
Total Operating Expenses	189	206	222	196	207	188	194	199	205	198	175
Selling, General & Admin Expense	39	42	46	41	47	42	37	19	40	29	42
Marketing Expense	89	97	91	95	93	98	95	113	101	100	90
Research & Development Expense	61	68	85	60	67	48	63	68	64	69	43
Total Other Income / (Expense), net	2.30	2.21	-0.01	-0.28	1.18	-4.50	-2.97	-1.85	6.83	-6.14	3.49
Other Income / (Expense), net	2.30	2.21	-0.01	-0.28	1.18	-4.50	-2.97	-1.85	6.83	-6.14	3.49
Income Tax Expense	10	25	3.45	8.60	2.97	22	1.83	1.08	-4.60	26	1.44
Net Income / (Loss) Attributable to Noncontrolling Interest	2.08	0.85	-0.10	1.07	1.32	1.03	-0.29	0.91	-0.26	0.65	-0.06
Basic Earnings per Share	$0.70	$1.31	$0.11	$0.49	$0.13	$1.09	$0.12	($0.05)	($0.21)	$0.26	$0.11
Weighted Average Basic Shares Outstanding	53.98M	54.82M	54.70M	54.68M	55.15M	56.17M	56.30M	55.92M	56.26M	60.00M	60.32M
Diluted Earnings per Share	$0.66	$1.21	$0.11	$0.46	$0.12	$1.02	$0.12	($0.05)	($0.21)	$0.28	$0.10
Weighted Average Diluted Shares Outstanding	57.20M	58.61M	58.43M	58.97M	59.33M	60.23M	60.17M	55.92M	56.26M	62.76M	63.24M
Weighted Average Basic & Diluted Shares Outstanding	53.14M	54.34M	55.18M	55.99M	56.69M	55.23M	56.42M	55.81M	56.14M	55.83M	60.21M

This table details how cash moves in and out of Criteo's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Net Change in Cash & Equivalents	-120	-37	-67	28	69	54	-29	110	-69	43	72
Net Cash From Operating Activities	258	224	256	221	185	223	261	245	153	137	116
Net Cash From Continuing Operating Activities	258	224	256	221	185	223	261	245	153	137	116
Net Income / (Loss) Continuing Operations	115	55	11	138	75	96	96	97	87	62	47
Consolidated Net Income / (Loss)	115	55	11	138	75	96	96	97	87	62	47
Amortization Expense	88	72	150	91	107	97	112	-	-	-	-
Non-Cash Adjustments To Reconcile Net Income	108	49	41	47	33	42	64	65	43	28	37
Changes in Operating Assets and Liabilities, net	-53	49	54	-54	-29	-12	-10	-20	-39	-0.52	-0.65
Net Cash From Investing Activities	-98	-109	-166	-76	-101	-104	-227	-106	-313	-102	-75
Net Cash From Continuing Investing Activities	-98	-109	-166	-76	-101	-104	-227	-106	-313	-102	-75
Purchase of Property, Plant & Equipment	-78	-116	-64	-53	-65	-98	-125	-122	-85	-76	-49
Acquisitions	-0.53	-6.83	-138	-10	-	-	-	-	-	-21	-26
Purchase of Investments	-27	-22	-	-	-	-	-	-	-	-	-
Sale of Property, Plant & Equipment	1.48	1.80	7.97	-	-	-	-	14	7.75	1.13	1.71
Divestitures	0.00	8.85	0.00	0.00	-	-	-	-	-	-	-
Sale and/or Maturity of Investments	5.95	26	47	-	-	-	-	-	-	-	-
Net Cash From Financing Activities	-270	-147	-113	-80	-58	-59	-63	-29	91	7.81	31
Net Cash From Continuing Financing Activities	-270	-147	-113	-80	-58	-59	-63	-29	91	7.81	31
Repayment of Debt	1.53	-1.92	-57	-1.25	-167	-1.02	-0.96	-90	-13	-8.98	-6.53
Repurchase of Common Equity	-225	-125	-136	-100	-44	-59	-80	0.00	0.00	-	-
Issuance of Debt	0.00	0.00	79	0.00	153	0.00	0.00	3.70	84	4.02	5.63
Issuance of Common Equity	4.55	1.95	1.03	25	1.73	1.69	1.47	32	20	14	32
Other Financing Activities, net	-52	-22	-0.27	-4.04	-1.66	-1.19	17	25	-0.22	-1.00	0.27
Effect of Exchange Rate Changes	-10	-5.14	-44	-37	43	-5.50	-	-	-	-	-
Cash Interest Paid	1.36	1.54	1.30	1.49	2.16	1.40	1.70	2.10	-	-	-
Cash Income Taxes Paid	41	40	38	29	18	52	67	-56	-	-	-

This table details how cash moves in and out of Criteo's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-4.77	6.95	-7.79	-50	-69	141	-28	-82	-68	41	-155
Net Cash From Operating Activities	62	169	58	17	14	161	20	1.33	42	125	42
Net Cash From Continuing Operating Activities	62	169	58	17	14	161	20	1.27	42	125	42
Net Income / (Loss) Continuing Operations	40	72	6.14	28	8.57	62	6.64	-1.97	-12	16	6.52
Consolidated Net Income / (Loss)	40	72	6.14	28	8.57	62	6.64	-1.97	-12	16	6.52
Amortization Expense	24	21	21	21	25	16	19	10	27	16	20
Non-Cash Adjustments To Reconcile Net Income	16	19	38	22	30	21	-18	29	17	25	11
Changes in Operating Assets and Liabilities, net	-18	58	-7.42	-54	-50	62	12	-35	9.74	69	4.13
Net Cash From Investing Activities	-18	-39	-24	-21	-14	-4.51	-16	-52	-36	-32	-157
Net Cash From Continuing Investing Activities	-18	-39	-24	-21	-14	-4.51	-16	-52	-36	-32	-157
Purchase of Property, Plant & Equipment	-17	-22	-19	-24	-13	-38	-16	-24	-37	-15	-16
Acquisitions	0.00	-	-	-	-0.53	0.13	-	-0.46	-6.50	-2.57	-135
Purchase of Investments	-11	-	-	-	-	-	-	-	-	-	-
Sale of Property, Plant & Equipment	0.00	-1.65	0.50	2.56	0.07	19	0.48	-21	3.98	0.34	-4.15
Sale and/or Maturity of Investments	11	-	-	-	-	-	-	-	-	-	-
Net Cash From Financing Activities	-55	-116	-52	-40	-62	-22	-29	-24	-72	-77	-22
Net Cash From Continuing Financing Activities	-55	-116	-52	-40	-62	-22	-29	-24	-72	-77	-22
Repayment of Debt	-0.47	2.83	-0.49	-0.38	-0.43	-0.49	-0.50	-0.50	-0.43	-0.36	7.77
Repurchase of Common Equity	-56	-67	-55	-40	-62	-22	-28	-24	-51	-77	-30
Other Financing Activities, net	1.85	-56	3.23	0.81	0.40	-1.71	0.25	0.43	-21	-0.99	0.37
Effect of Exchange Rate Changes	5.22	-7.42	11	-6.17	-7.33	7.05	-3.34	-7.67	-1.18	25	-18
Cash Interest Paid	0.24	0.33	0.38	0.33	0.33	0.48	0.38	0.06	0.62	0.34	0.33
Cash Income Taxes Paid	5.92	4.61	12	23	1.17	-1.25	10	23	7.90	4.44	8.60

This table presents Criteo's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Total Assets	2,266	2,392	2,349	1,984	1,853	1,790	1,597	1,531	1,211	494	445
Total Current Assets	1,224	1,312	1,261	1,264	1,065	1,000	934	992	743	354	352
Cash & Equivalents	291	336	348	516	488	419	364	414	270	354	352
Restricted Cash	0.25	75	25	0.00	-	-	-	-	-	-	-
Short-Term Investments	26	5.97	25	50	0.00	-	-	-	-	-	-
Accounts Receivable	801	776	709	582	474	482	474	484	397	-	-
Prepaid Expenses	54	69	78	73	70	61	53	58	53	-	-
Current Deferred & Refundable Income Taxes	1.55	2.07	24	8.78	11	22	19	8.88	2.74	-	-
Other Current Assets	51	48	52	34	21	17	23	26	19	-	-
Plant, Property, & Equipment, net	107	126	131	140	190	194	184	162	109	82	52
Total Noncurrent Assets	935	953	957	579	599	596	479	378	360	58	41
Long-Term Investments	16	17	0.00	5.00	42	0.00	-	-	-	-	-
Noncurrent Note & Lease Receivables	4.33	5.29	5.93	6.44	18	22	20	20	17	-	-
Goodwill	515	524	515	330	326	317	313	237	209	42	28
Intangible Assets	158	181	176	83	80	87	112	96	103	16	13
Noncurrent Deferred & Refundable Income Taxes	81	53	32	35	20	28	34	25	31	-	-
Other Noncurrent Operating Assets	161	173	228	120	114	142	-	-	-	-	-
Total Liabilities & Shareholders' Equity	2,266	2,392	2,349	1,984	1,853	1,790	1,597	1,531	1,211	11	16
Total Liabilities	1,185	1,280	1,268	785	701	752	629	634	601	11	16
Total Current Liabilities	1,047	1,140	1,080	673	600	610	605	621	520	7.82	11
Accounts Payable	803	839	743	430	367	390	425	417	366	-	-
Accrued Expenses	1.88	1.47	66	-	-	-	-	-	-	-	-
Current Deferred & Payable Income Tax Liabilities	35	17	13	6.64	2.63	3.42	7.73	10.00	14	-	-
Current Employee Benefit Liabilities	109	113	86	98	85	75	66	66	56	-	-
Other Taxes Payable	19	26	58	60	58	50	56	59	45	-	-
Other Current Liabilities	79	143	115	77	87	92	51	69	39	7.82	11
Total Noncurrent Liabilities	139	140	188	113	100	142	24	13	82	3.27	5.26
Noncurrent Deferred & Payable Income Tax Liabilities	4.07	1.08	3.46	3.05	5.30	9.27	11	2.50	0.69	-	-
Noncurrent Employee Benefit Liabilities	4.71	4.12	3.71	5.53	6.17	8.49	5.54	5.15	3.22	-	-
Other Noncurrent Operating Liabilities	130	135	181	104	89	124	7.59	4.95	78	3.27	5.26
Total Equity & Noncontrolling Interests	1,081	1,111	1,081	1,198	1,153	1,038	968	898	610	0.00	0.00
Total Preferred & Common Equity	1,049	1,080	1,048	1,163	1,117	1,007	944	882	600	0.00	0.00
Total Common Equity	1,049	1,080	1,048	1,163	1,117	1,007	944	882	600	0.00	0.00
Common Stock	712	771	737	733	695	671	665	594	490	-	-
Retained Earnings	572	555	578	602	491	452	388	300	198	-	-
Treasury Stock	-125	-162	-174	-132	-86	-75	-79	0.00	-	-	-
Accumulated Other Comprehensive Income / (Loss)	-109	-85	-92	-40	16	-40	-31	-12	-89	-	-
Noncontrolling Interest	32	32	33	35	36	31	24	16	9.75	-	-

This table presents Criteo's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	2,128	2,208	2,168	2,206	2,141	2,128	2,191	2,123
Total Current Assets	1,084	1,140	1,139	1,158	1,075	1,059	1,125	1,045
Cash & Equivalents	286	209	217	267	195	223	306	307
Short-Term Investments	27	23	16	11	21	21	21	10
Accounts Receivable	647	646	633	611	625	573	546	576
Current Deferred & Refundable Income Taxes	60	9.79	149	145	117	28	119	16
Other Current Assets	64	177	49	50	42	137	58	110
Plant, Property, & Equipment, net	106	117	116	117	134	144	146	114
Total Noncurrent Assets	938	951	913	931	931	926	920	963
Long-Term Investments	16	5.60	5.35	11	16	16	11	0.00
Noncurrent Note & Lease Receivables	4.92	4.96	5.44	5.37	4.98	5.31	4.54	6.86
Goodwill	521	527	520	521	519	523	523	598
Intangible Assets	160	170	173	175	174	179	180	77
Noncurrent Deferred & Refundable Income Taxes	74	71	46	51	56	52	44	49
Other Noncurrent Operating Assets	161	173	163	167	162	151	158	231
Total Liabilities & Shareholders' Equity	2,128	2,208	2,168	2,206	2,141	2,128	2,191	2,123
Total Liabilities	1,028	1,123	1,095	1,134	1,106	1,085	1,141	1,046
Total Current Liabilities	887	975	956	995	961	949	993	863
Accounts Payable	640	630	635	630	669	617	602	577
Accrued Expenses	1.65	1.60	1.37	1.39	1.61	45	67	60
Current Deferred & Payable Income Tax Liabilities	31	15	3.33	15	1.63	3.74	17	5.60
Current Employee Benefit Liabilities	118	104	94	123	100	100	100	73
Other Taxes Payable	22	83	89	93	60	61	60	57
Other Current Liabilities	74	140	132	133	129	122	147	91
Total Noncurrent Liabilities	141	148	139	139	145	136	148	182
Noncurrent Deferred & Payable Income Tax Liabilities	4.20	3.18	3.06	3.17	3.43	3.54	3.88	2.84
Noncurrent Employee Benefit Liabilities	4.83	4.94	4.23	4.36	4.03	4.36	4.14	2.84
Other Noncurrent Operating Liabilities	132	140	131	131	137	128	140	177
Total Equity & Noncontrolling Interests	1,100	1,086	1,073	1,073	1,035	1,043	1,050	1,077
Total Preferred & Common Equity	1,065	1,051	1,043	1,041	1,005	1,012	1,018	1,047
Total Common Equity	1,065	1,051	1,043	1,041	1,005	1,012	1,018	1,047
Common Stock	709	731	764	800	813	790	762	763
Retained Earnings	607	557	537	543	504	528	552	569
Treasury Stock	-159	-153	-154	-204	-212	-214	-211	-153
Accumulated Other Comprehensive Income / (Loss)	-93	-83	-104	-97	-100	-91	-85	-132
Noncontrolling Interest	36	34	30	31	30	31	33	29

This table displays calculated financial ratios and metrics derived from Criteo's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-0.83%	-3.35%	-10.52%	8.76%	-8.35%	-1.69%	0.16%	27.65%	35.97%	33.89%	0.00%
EBITDA Growth	64.72%	-23.53%	-21.42%	14.65%	-8.21%	-8.38%	9.26%	26.83%	54.10%	21.50%	0.00%
EBIT Growth	106.75%	77.67%	-72.66%	43.91%	-21.10%	-4.62%	10.69%	6.52%	67.79%	11.35%	0.00%
NOPAT Growth	99.09%	799.53%	-95.38%	78.73%	-23.99%	0.74%	-4.36%	18.37%	32.48%	71.49%	0.00%
Net Income Growth	109.93%	402.47%	-92.10%	84.29%	-22.17%	0.09%	-0.81%	10.68%	40.23%	32.80%	0.00%
EPS Growth	115.91%	528.57%	-93.30%	80.17%	-15.94%	5.34%	-2.24%	7.20%	37.36%	26.39%	0.00%
Operating Cash Flow Growth	15.12%	-12.40%	15.88%	19.18%	-16.82%	-14.53%	6.22%	59.94%	11.90%	17.95%	0.00%
Free Cash Flow Firm Growth	-32.66%	225.96%	-137.35%	81.33%	-14.10%	509.80%	48.82%	67.06%	-1,027.87%	0.00%	0.00%
Invested Capital Growth	10.45%	-0.78%	8.82%	0.74%	0.59%	2.61%	24.79%	42.42%	161.54%	69.13%	0.00%
Revenue Q/Q Growth	-0.68%	0.10%	-4.22%	-0.35%	0.42%	-0.77%	-0.17%	4.90%	10.42%	0.00%	0.00%
EBITDA Q/Q Growth	7.77%	39.65%	-15.01%	-0.79%	119.69%	67.87%	-2.47%	14.03%	81.14%	0.00%	0.00%
EBIT Q/Q Growth	9.11%	123.68%	-38.72%	1.32%	10.00%	-2.22%	-5.24%	12.65%	19.11%	0.00%	0.00%
NOPAT Q/Q Growth	4.58%	481.40%	-85.08%	22.87%	6.01%	-0.75%	-9.76%	16.13%	1.32%	0.00%	0.00%
Net Income Q/Q Growth	9.44%	532.31%	-84.41%	25.67%	7.71%	-0.68%	-9.64%	13.68%	2.11%	0.00%	0.00%
EPS Q/Q Growth	11.11%	528.57%	-86.00%	24.40%	7.41%	6.15%	-13.82%	16.52%	0.81%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	3.25%	19.05%	30.24%	11.02%	-7.62%	-10.54%	2.60%	3.08%	3.34%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	-33.55%	279.46%	48.40%	353.91%	-70.06%	135.46%	-181.92%	78.77%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-3.18%	-6.94%	-7.05%	5.02%	43.13%	2.31%	11.71%	6.22%	92.32%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	50.84%	44.27%	39.42%	34.69%	33.20%	36.66%	36.27%	35.68%	35.85%	35.66%	35.90%
EBITDA Margin	12.53%	7.54%	9.54%	10.86%	10.30%	10.28%	11.04%	10.12%	10.18%	8.98%	9.90%
Operating Margin	7.83%	3.96%	1.20%	6.74%	5.25%	6.24%	6.40%	6.00%	6.73%	5.77%	5.37%
EBIT Margin	7.99%	3.83%	2.09%	6.82%	5.16%	5.99%	6.17%	5.59%	6.70%	5.43%	6.52%
Profit (Net Income) Margin	5.93%	2.80%	0.54%	6.11%	3.60%	4.24%	4.17%	4.21%	4.85%	4.71%	4.75%
Tax Burden Percent	74.25%	73.12%	25.86%	89.49%	69.88%	70.84%	67.51%	75.33%	72.50%	86.74%	72.74%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	25.75%	26.88%	74.14%	10.51%	30.12%	29.16%	32.49%	24.67%	27.50%	13.26%	27.26%
Return on Invested Capital (ROIC)	15.77%	8.30%	0.96%	21.74%	12.24%	16.36%	18.27%	25.23%	37.38%	64.10%	50.30%
ROIC Less NNEP Spread (ROIC-NNEP)	15.17%	8.74%	0.01%	21.42%	12.53%	17.40%	19.15%	27.33%	37.94%	60.29%	61.09%
Return on Net Nonoperating Assets (RNNOA)	-5.30%	-3.32%	0.00%	-10.03%	-5.43%	-6.80%	-7.99%	-12.41%	-8.74%	0.00%	0.00%
Return on Equity (ROE)	10.46%	4.98%	0.95%	11.71%	6.82%	9.57%	10.28%	12.82%	28.64%	0.00%	0.00%
Cash Return on Invested Capital (CROIC)	5.83%	9.08%	-7.48%	21.00%	11.66%	13.79%	-3.78%	-9.76%	-51.99%	12.73%	0.00%
Operating Return on Assets (OROA)	6.63%	3.15%	1.94%	8.02%	5.87%	8.00%	9.08%	9.36%	14.12%	15.29%	14.50%
Return on Assets (ROA)	4.93%	2.31%	0.50%	7.17%	4.10%	5.67%	6.13%	7.05%	10.24%	13.26%	10.54%
Return on Common Equity (ROCE)	10.16%	4.84%	0.93%	11.36%	6.61%	9.31%	10.06%	12.60%	28.18%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	10.93%	5.06%	1.04%	11.83%	6.69%	9.53%	10.16%	10.97%	14.55%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	112	56	6.28	136	76	100	99	104	88	66	39
NOPAT Margin	5.81%	2.90%	0.31%	6.03%	3.67%	4.42%	4.32%	4.52%	4.88%	5.00%	3.91%
Net Nonoperating Expense Percent (NNEP)	0.60%	-0.44%	0.95%	0.32%	-0.29%	-1.04%	-0.88%	-2.10%	-0.56%	3.81%	-10.79%
Return On Investment Capital (ROIC_SIMPLE)	10.40%	5.08%	0.58%	-	-	-	-	-	-	-	-
Cost of Revenue to Revenue	49.16%	55.73%	60.58%	65.31%	66.80%	63.34%	63.73%	64.32%	64.15%	64.34%	64.10%
SG&A Expenses to Revenue	9.11%	7.05%	10.18%	6.77%	5.62%	6.18%	5.88%	5.53%	6.53%	5.98%	6.55%
R&D to Revenue	14.45%	12.43%	9.30%	6.73%	6.39%	7.63%	7.79%	7.57%	6.87%	6.56%	6.08%
Operating Expenses to Revenue	43.01%	40.31%	38.22%	27.95%	27.95%	30.41%	29.87%	29.68%	29.12%	29.89%	30.53%
Earnings before Interest and Taxes (EBIT)	154	75	42	154	107	135	142	128	120	72	64
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	242	147	192	245	213	233	254	232	183	119	98
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.08	1.32	1.50	2.03	1.11	1.10	1.62	1.95	4.36	0.00	0.00
Price to Tangible Book Value (P/TBV)	5.81	3.81	4.40	3.14	1.74	1.84	2.95	3.13	9.10	0.00	0.00
Price to Revenue (P/Rev)	1.13	0.73	0.78	1.05	0.60	0.49	0.67	0.75	1.46	0.00	0.00
Price to Earnings (P/E)	19.57	26.82	175.28	17.55	17.24	12.24	17.27	18.83	31.84	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	5.11%	3.73%	0.57%	5.70%	5.80%	8.17%	5.79%	5.31%	3.14%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.52	1.52	1.76	2.91	1.19	1.17	1.97	2.73	6.95	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.97	0.53	0.60	0.81	0.36	0.32	0.52	0.57	1.31	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	7.77	6.98	6.26	7.46	3.47	3.11	4.69	5.68	12.88	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	12.18	13.74	28.62	11.86	6.94	5.33	8.38	10.29	19.58	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	16.74	18.18	191.78	13.43	9.75	7.22	11.99	12.71	26.89	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	7.29	4.58	4.70	8.26	4.00	3.24	4.57	5.38	15.37	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	45.25	16.62	0.00	13.90	10.24	8.57	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.35	-0.38	-0.43	-0.47	-0.43	-0.39	-0.42	-0.45	-0.23	0.00	0.00
Leverage Ratio	2.12	2.16	1.90	1.63	1.66	1.69	1.68	1.82	2.80	0.00	0.00
Compound Leverage Factor	2.12	2.16	1.90	1.63	1.66	1.69	1.68	1.82	2.80	0.00	0.00
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.95%	2.86%	3.06%	2.94%	3.08%	2.96%	2.50%	1.80%	1.60%	0.00%	0.00%
Common Equity to Total Capital	97.05%	97.14%	96.94%	97.06%	96.92%	97.04%	97.50%	98.20%	98.40%	0.00%	0.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	2.63	2.00	2.10	3.98	3.04	3.01	3.78	3.97	4.88	0.00	0.00
Noncontrolling Interest Sharing Ratio	2.91%	2.96%	2.99%	3.01%	3.02%	2.74%	2.17%	1.72%	1.60%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.17	1.15	1.17	1.88	1.77	1.64	1.54	1.60	1.43	45.19	32.30
Quick Ratio	1.07	0.98	1.00	1.71	1.60	1.48	1.38	1.45	1.28	45.19	32.30
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	42	62	-49	131	72	84	-21	-40	-122	13	0.00
Operating Cash Flow to CapEx	336.87%	196.17%	458.38%	416.74%	283.12%	227.52%	207.79%	226.21%	198.33%	184.15%	248.01%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.83	0.82	0.93	1.18	1.14	1.34	1.47	1.67	2.11	2.82	2.22
Accounts Receivable Turnover	2.45	2.63	3.12	4.27	4.34	4.73	4.80	5.21	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	16.54	15.13	14.88	13.68	10.80	11.96	13.31	16.99	18.83	19.64	18.92
Accounts Payable Turnover	1.16	1.37	2.08	3.69	3.66	3.51	3.48	3.77	0.00	0.00	0.00
Days Sales Outstanding (DSO)	148.81	138.98	116.81	85.50	84.16	77.12	76.01	70.03	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	315.15	265.66	175.23	98.83	99.82	103.92	104.86	96.71	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	-166.33	-126.68	-58.43	-13.33	-15.66	-26.80	-28.86	-26.68	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	748	678	683	627	623	619	603	484	340	130	77
Invested Capital Turnover	2.71	2.87	3.08	3.61	3.34	3.70	4.23	5.58	7.67	12.81	12.87
Increase / (Decrease) in Invested Capital	71	-5.30	55	4.63	3.64	16	120	144	210	53	0.00
Enterprise Value (EV)	1,882	1,026	1,204	1,825	741	722	1,190	1,320	2,359	0.00	0.00
Market Capitalization	2,183	1,429	1,569	2,360	1,236	1,110	1,530	1,718	2,619	0.00	0.00
Book Value per Share	$19.01	$19.14	$17.41	$19.15	$18.54	$15.72	$14.01	$13.36	$9.41	$0.00	$0.00
Tangible Book Value per Share	$6.81	$6.64	$5.93	$12.36	$11.81	$9.41	$7.70	$8.31	$4.51	($0.95)	($0.69)
Total Capital	1,081	1,111	1,081	1,198	1,153	1,038	968	898	610	0.00	0.00
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-333	-434	-398	-571	-530	-419	-364	-414	-270	-354	-352
Capital Expenditures (CapEx)	77	114	56	53	65	98	125	109	77	74	47
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-140	-245	-217	26	-24	-29	-36	-43	-48	-7.82	-11
Debt-free Net Working Capital (DFNWC)	178	172	181	592	464	390	329	371	223	346	341
Net Working Capital (NWC)	178	172	181	592	464	390	329	371	223	346	341
Net Nonoperating Expense (NNE)	-2.30	1.82	-4.60	-1.74	1.35	4.07	3.43	7.18	0.40	3.94	-8.28
Net Nonoperating Obligations (NNO)	-333	-434	-398	-571	-530	-419	-364	-414	-270	130	77
Total Depreciation and Amortization (D&A)	88	72	150	91	107	97	112	104	63	47	33
Debt-free, Cash-free Net Working Capital to Revenue	-7.22%	-12.58%	-10.77%	1.14%	-1.15%	-1.27%	-1.56%	-1.89%	-2.64%	-0.59%	-1.10%
Debt-free Net Working Capital to Revenue	9.18%	8.83%	8.97%	26.24%	22.40%	17.25%	14.28%	16.14%	12.38%	26.13%	34.50%
Net Working Capital to Revenue	9.18%	8.83%	8.97%	26.24%	22.40%	17.25%	14.28%	16.14%	12.38%	26.13%	34.50%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.04	$0.95	$0.15	$2.21	$1.18	$1.41	$1.33	$1.40	$1.30	$0.96	$0.77
Adjusted Weighted Average Basic Shares Outstanding	54.82M	56.17M	60.00M	60.72M	60.88M	64.31M	66.46M	65.14M	63.34M	61.84M	58.93M
Adjusted Diluted Earnings per Share	$1.90	$0.88	$0.14	$2.09	$1.16	$1.38	$1.31	$1.34	$1.25	$0.91	$0.72
Adjusted Weighted Average Diluted Shares Outstanding	58.61M	60.23M	62.76M	64.23M	61.82M	65.60M	67.66M	67.85M	65.63M	65.10M	63.49M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$1.41	$0.00	$0.00	$0.00	$0.00	$0.77
Adjusted Weighted Average Basic & Diluted Shares Outstanding	54.34M	55.23M	55.83M	60.76M	60.76M	61.92M	67.71M	66.14M	63.99M	62M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	112	56	17	136	76	100	99	104	88	66	39
Normalized NOPAT Margin	5.81%	2.90%	0.84%	6.03%	3.67%	4.42%	4.32%	4.52%	4.88%	5.00%	3.91%
Pre Tax Income Margin	7.99%	3.83%	2.09%	6.82%	5.16%	5.99%	6.17%	5.59%	6.70%	5.43%	6.52%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	195.79%	229.65%	1,247.68%	72.67%	58.45%	61.05%	83.44%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Criteo's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.31%	-2.34%	-2.20%	0.51%	1.13%	0.33%	4.98%	-5.28%	-12.84%	-13.60%	-12.12%
EBITDA Growth	101.39%	17.49%	11.24%	526.42%	245.42%	71.86%	-2.77%	-80.71%	-81.74%	-36.90%	-51.17%
EBIT Growth	337.53%	15.38%	13.31%	4,204.59%	169.21%	97.22%	6.33%	97.77%	-152.59%	-38.47%	-75.14%
NOPAT Growth	396.63%	7.53%	-31.37%	4,112.19%	146.76%	255.93%	144.34%	101.70%	-188.55%	-74.25%	-84.94%
Net Income Growth	367.09%	15.94%	-7.40%	1,523.59%	170.96%	286.63%	1.75%	94.02%	-156.73%	-78.58%	-73.09%
EPS Growth	450.00%	18.63%	-8.33%	1,020.00%	157.14%	264.29%	20.00%	91.07%	-165.63%	-75.44%	-72.97%
Operating Cash Flow Growth	344.75%	5.03%	193.17%	1,194.20%	-66.60%	28.60%	-52.88%	-90.50%	-44.00%	90.05%	-18.66%
Free Cash Flow Firm Growth	62.26%	-100.74%	-349.57%	85.80%	11.93%	291.32%	111.64%	-706.39%	-593.56%	-155.39%	3.29%
Invested Capital Growth	8.77%	10.45%	6.17%	7.39%	11.17%	-0.78%	-0.89%	31.57%	9.57%	8.82%	22.95%
Revenue Q/Q Growth	-18.37%	20.52%	-2.63%	4.72%	-20.53%	20.70%	0.06%	5.37%	-21.16%	26.29%	-9.73%
EBITDA Q/Q Growth	-36.89%	285.92%	-47.35%	57.04%	-63.18%	265.38%	196.52%	-13.41%	-81.68%	106.72%	-41.19%
EBIT Q/Q Growth	-47.82%	908.07%	-73.83%	217.76%	-86.24%	889.96%	1,048.15%	94.64%	-139.21%	433.72%	119.86%
NOPAT Q/Q Growth	-45.68%	1,043.30%	-78.25%	267.75%	-88.24%	629.69%	1,234.73%	104.08%	-189.53%	400.92%	109.27%
Net Income Q/Q Growth	-44.39%	1,070.96%	-78.10%	227.56%	-86.20%	835.21%	436.63%	83.67%	-175.21%	146.11%	119.78%
EPS Q/Q Growth	-45.45%	1,000.00%	-76.09%	283.33%	-88.12%	750.00%	340.00%	76.19%	-175.00%	180.00%	117.86%
Operating Cash Flow Q/Q Growth	-63.21%	194.69%	234.57%	22.62%	-91.31%	722.58%	1,376.96%	-96.84%	-66.55%	201.37%	197.94%
Free Cash Flow Firm Q/Q Growth	-4,510.69%	98.66%	-61.43%	62.22%	-189.88%	355.26%	109.18%	-134.37%	-95.25%	72.31%	-578.56%
Invested Capital Q/Q Growth	3.01%	-3.18%	1.74%	7.19%	4.60%	-6.94%	2.92%	10.96%	-6.64%	-7.05%	36.63%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	52.49%	54.42%	50.54%	49.40%	48.27%	48.85%	43.72%	42.60%	40.79%	43.69%	40.19%
EBITDA Margin	16.40%	21.22%	6.63%	12.25%	8.17%	17.64%	5.83%	1.97%	2.39%	10.30%	6.29%
Operating Margin	10.67%	17.09%	2.09%	7.84%	2.30%	15.60%	2.44%	0.20%	-5.28%	8.62%	1.00%
EBIT Margin	11.18%	17.49%	2.09%	7.78%	2.56%	14.80%	1.80%	-0.19%	-3.75%	7.53%	1.78%
Profit (Net Income) Margin	8.86%	13.01%	1.34%	5.95%	1.90%	10.96%	1.41%	-0.42%	-2.71%	2.84%	1.46%
Tax Burden Percent	79.28%	74.39%	64.04%	76.55%	74.26%	74.03%	78.36%	220.72%	72.43%	37.76%	81.89%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	20.72%	25.61%	35.96%	23.45%	25.74%	25.97%	21.64%	0.00%	0.00%	62.24%	18.11%
Return on Invested Capital (ROIC)	22.12%	34.47%	3.48%	16.01%	4.96%	33.09%	5.09%	0.44%	-11.83%	10.02%	2.59%
ROIC Less NNEP Spread (ROIC-NNEP)	21.60%	34.04%	3.48%	16.07%	4.74%	33.89%	5.80%	1.02%	-12.68%	10.50%	1.96%
Return on Net Nonoperating Assets (RNNOA)	-6.89%	-11.90%	-1.02%	-4.93%	-1.73%	-12.86%	-1.78%	-0.43%	5.81%	-4.46%	-0.79%
Return on Equity (ROE)	15.23%	22.57%	2.46%	11.08%	3.23%	20.23%	3.30%	0.01%	-6.01%	5.56%	1.81%
Cash Return on Invested Capital (CROIC)	10.92%	5.83%	8.34%	7.90%	1.49%	9.08%	2.23%	-25.99%	-12.22%	-7.48%	-14.27%
Operating Return on Assets (OROA)	9.98%	14.52%	1.87%	7.08%	2.28%	12.17%	1.65%	-0.18%	-3.56%	7.01%	1.91%
Return on Assets (ROA)	7.91%	10.80%	1.20%	5.42%	1.69%	9.01%	1.29%	-0.40%	-2.58%	2.65%	1.56%
Return on Common Equity (ROCE)	14.76%	21.91%	2.39%	10.75%	3.13%	19.63%	3.21%	0.01%	-5.84%	5.39%	1.76%
Return on Equity Simple (ROE_SIMPLE)	13.73%	0.00%	9.97%	10.10%	7.23%	0.00%	0.86%	0.84%	-2.21%	0.00%	6.66%
Net Operating Profit after Tax (NOPAT)	38	70	6.15	28	7.69	65	8.96	0.67	-16	18	3.67
NOPAT Margin	8.46%	12.71%	1.34%	6.00%	1.71%	11.55%	1.91%	0.14%	-3.70%	3.25%	0.82%
Net Nonoperating Expense Percent (NNEP)	0.53%	0.43%	0.00%	-0.07%	0.23%	-0.80%	-0.72%	-0.58%	0.85%	-0.48%	0.64%
Return On Investment Capital (ROIC_SIMPLE)	3.47%	6.50%	-	-	-	5.88%	-	-	-	1.70%	-
Cost of Revenue to Revenue	47.51%	45.58%	49.46%	50.60%	51.73%	51.15%	56.28%	57.40%	59.21%	56.31%	59.81%
SG&A Expenses to Revenue	8.68%	7.51%	10.07%	8.74%	10.48%	7.46%	7.80%	3.95%	9.03%	5.13%	9.48%
R&D to Revenue	13.46%	12.22%	18.59%	12.65%	14.86%	8.55%	13.33%	14.45%	14.29%	12.29%	9.56%
Operating Expenses to Revenue	41.82%	37.33%	48.45%	41.57%	45.97%	33.25%	41.28%	42.40%	46.07%	35.07%	39.19%
Earnings before Interest and Taxes (EBIT)	50	97	9.59	37	12	84	8.47	-0.89	-17	43	7.96
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	74	117	30	58	37	100	27	9.22	11	58	28
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.81	2.08	2.14	2.05	1.90	1.32	1.62	1.87	1.73	1.50	1.56
Price to Tangible Book Value (P/TBV)	5.02	5.81	6.36	6.11	5.73	3.81	5.21	6.10	5.59	4.40	4.40
Price to Revenue (P/Rev)	0.99	1.13	1.16	1.09	1.01	0.73	0.84	0.98	0.90	0.78	0.78
Price to Earnings (P/E)	13.53	19.57	22.20	20.93	27.36	26.82	213.26	259.67	0.00	175.28	24.34
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	7.39%	5.11%	4.51%	4.78%	3.65%	3.73%	0.47%	0.39%	0.00%	0.57%	4.11%
Enterprise Value to Invested Capital (EV/IC)	2.12	2.52	2.55	2.44	2.32	1.52	1.86	2.25	2.16	1.76	1.80
Enterprise Value to Revenue (EV/Rev)	0.84	0.97	1.01	0.95	0.84	0.53	0.69	0.83	0.71	0.60	0.63
Enterprise Value to EBITDA (EV/EBITDA)	5.83	7.77	8.78	8.37	9.50	6.98	12.84	14.98	9.53	6.26	5.86
Enterprise Value to EBIT (EV/EBIT)	8.43	12.18	13.94	13.21	15.99	13.74	40.48	48.30	0.00	28.62	19.31
Enterprise Value to NOPAT (EV/NOPAT)	11.40	16.74	18.37	16.83	20.26	18.18	139.26	200.46	0.00	191.78	31.51
Enterprise Value to Operating Cash Flow (EV/OCF)	5.32	7.29	7.90	8.74	8.38	4.58	7.18	7.55	6.18	4.70	6.74
Enterprise Value to Free Cash Flow (EV/FCFF)	20.18	45.25	31.54	32.01	164.35	16.62	83.09	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.32	-0.35	-0.29	-0.31	-0.37	-0.38	-0.31	-0.42	-0.46	-0.43	-0.40
Leverage Ratio	1.99	2.12	2.05	2.03	2.07	2.16	2.02	1.86	1.82	1.90	1.77
Compound Leverage Factor	1.99	2.12	2.05	2.03	2.07	2.16	2.02	1.86	1.82	1.90	1.77
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	3.24%	2.95%	3.14%	2.83%	2.90%	2.86%	2.86%	2.95%	3.10%	3.06%	2.73%
Common Equity to Total Capital	96.76%	97.05%	96.86%	97.17%	97.10%	97.14%	97.14%	97.05%	96.90%	96.94%	97.27%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	2.62	2.55	2.54	2.58	2.38	2.01	2.20	2.36	2.22	2.10	2.42
Noncontrolling Interest Sharing Ratio	3.07%	2.91%	3.01%	2.89%	3.00%	2.96%	2.80%	2.88%	2.96%	2.99%	2.89%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.22	1.17	1.17	1.19	1.16	1.15	1.12	1.12	1.13	1.17	1.21
Quick Ratio	1.08	1.07	0.90	0.91	0.89	0.98	0.87	0.86	0.88	1.00	1.03
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-24	-0.52	-39	-24	-64	71	16	-169	-72	-37	-133
Operating Cash Flow to CapEx	364.76%	724.35%	304.26%	81.38%	106.00%	817.99%	123.76%	2.92%	126.33%	863.90%	204.99%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.89	0.83	0.90	0.91	0.89	0.82	0.91	0.96	0.95	0.93	1.07
Accounts Receivable Turnover	3.08	2.45	3.06	3.24	3.38	2.63	3.24	3.62	3.81	3.12	4.15
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	17.39	16.54	15.50	15.08	14.86	15.13	15.66	14.38	14.17	14.88	15.92
Accounts Payable Turnover	1.47	1.16	1.52	1.64	1.71	1.37	1.79	2.20	2.37	2.08	2.83
Days Sales Outstanding (DSO)	118.65	148.81	119.15	112.49	107.99	138.98	112.51	100.87	95.90	116.81	88.01
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	248.59	315.15	239.88	222.87	212.94	265.66	203.91	165.98	153.84	175.23	128.82
Cash Conversion Cycle (CCC)	-129.94	-166.33	-120.73	-110.38	-104.95	-126.68	-91.40	-65.12	-57.94	-58.43	-40.81
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	771	748	773	760	709	678	728	707	637	683	735
Invested Capital Turnover	2.62	2.71	2.59	2.67	2.90	2.87	2.66	3.09	3.20	3.08	3.16
Increase / (Decrease) in Invested Capital	62	71	45	52	71	-5.30	-6.57	170	56	55	137
Enterprise Value (EV)	1,631	1,882	1,974	1,855	1,646	1,026	1,352	1,589	1,379	1,204	1,325
Market Capitalization	1,924	2,183	2,253	2,138	1,979	1,429	1,630	1,894	1,759	1,569	1,638
Book Value per Share	$19.59	$19.01	$18.78	$18.40	$18.88	$19.14	$18.01	$18.03	$18.23	$17.41	$17.28
Tangible Book Value per Share	$7.05	$6.81	$6.33	$6.18	$6.26	$6.64	$5.60	$5.53	$5.64	$5.93	$6.14
Total Capital	1,100	1,081	1,086	1,073	1,073	1,111	1,035	1,043	1,050	1,081	1,077
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-329	-333	-313	-314	-364	-434	-307	-336	-413	-398	-342
Capital Expenditures (CapEx)	17	23	19	21	13	20	16	46	33	15	20
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-116	-140	-141	-125	-190	-245	-177	-210	-270	-217	-161
Debt-free Net Working Capital (DFNWC)	197	178	166	183	163	172	114	110	132	181	182
Net Working Capital (NWC)	197	178	166	183	163	172	114	110	132	181	182
Net Nonoperating Expense (NNE)	-1.82	-1.64	0.01	0.22	-0.88	3.33	2.33	2.64	-4.37	2.32	-2.85
Net Nonoperating Obligations (NNO)	-329	-333	-313	-314	-364	-434	-307	-336	-413	-398	-342
Total Depreciation and Amortization (D&A)	24	21	21	21	25	16	19	10	27	16	20
Debt-free, Cash-free Net Working Capital to Revenue	-6.00%	-7.22%	-7.26%	-6.39%	-9.70%	-12.58%	-9.09%	-10.89%	-13.82%	-10.77%	-7.63%
Debt-free Net Working Capital to Revenue	10.19%	9.18%	8.51%	9.36%	8.36%	8.83%	5.85%	5.69%	6.78%	8.97%	8.62%
Net Working Capital to Revenue	10.19%	9.18%	8.51%	9.36%	8.36%	8.83%	5.85%	5.69%	6.78%	8.97%	8.62%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.70	$1.31	$0.11	$0.49	$0.13	$1.09	$0.12	($0.05)	($0.21)	$0.26	$0.11
Adjusted Weighted Average Basic Shares Outstanding	53.98M	54.82M	54.70M	54.68M	55.15M	56.17M	56.30M	55.92M	56.26M	60.00M	60.32M
Adjusted Diluted Earnings per Share	$0.66	$1.21	$0.11	$0.46	$0.12	$1.02	$0.12	($0.05)	($0.20)	$0.28	$0.10
Adjusted Weighted Average Diluted Shares Outstanding	57.20M	58.61M	58.43M	58.97M	59.33M	60.23M	60.17M	55.92M	60.49M	62.76M	63.24M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	53.14M	54.34M	55.18M	55.99M	56.69M	55.23M	56.42M	55.81M	56.14M	55.83M	60.21M
Normalized Net Operating Profit after Tax (NOPAT)	38	70	6.15	28	7.69	65	8.96	0.67	-16	34	3.67
Normalized NOPAT Margin	8.46%	12.71%	1.34%	6.00%	1.71%	11.55%	1.91%	0.14%	-3.70%	6.03%	0.82%
Pre Tax Income Margin	11.18%	17.49%	2.09%	7.78%	2.56%	14.80%	1.80%	-0.19%	-3.75%	7.53%	1.78%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	149.58%	195.79%	171.37%	145.40%	181.46%	229.65%	2,081.43%	2,124.96%	-793.86%	1,247.68%	124.10%

Frequently Asked Questions About Criteo's Financials

When does Criteo's fiscal year end?

According to the most recent income statement we have on file, Criteo's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Criteo's net income changed over the last 10 years?

Over the last 10 years, Criteo's net income changed from $46.90 million in 2014 to $114.71 million in 2024, a change of 144.6%. Find out what analysts predict for Criteo in the coming months.

What is Criteo's operating income?

Criteo's total operating income in 2024 was $151.40 million, based on the following breakdown:

Total Gross Profit: $982.97 million
Total Operating Expenses: $831.57 million

How has Criteo revenue changed over the last 10 years?

Over the last 10 years, Criteo's total revenue changed from $988.25 million in 2014 to $1.93 billion in 2024, a change of 95.6%.

How much debt does Criteo have?

Criteo's total liabilities were at $1.19 billion at the end of 2024, a 7.4% decrease from 2023, and a 7,238.3% increase since 2014.

How much cash does Criteo have?

In the past 10 years, Criteo's cash and equivalents has ranged from $270.32 million in 2016 to $515.53 million in 2021, and is currently $290.69 million as of their latest financial filing in 2024.

How has Criteo's book value per share changed over the last 10 years?

Over the last 10 years, Criteo's book value per share changed from 0.00 in 2014 to 19.01 in 2024, a change of 1,901.3%.

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This page (NASDAQ:CRTO) was last updated on 5/25/2025 by MarketBeat.com Staff

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Criteo (CRTO) Financials

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Criteo (CRTO) Financials

Annual Income Statements for Criteo

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Quarterly Cash Flow Statements for Criteo

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Quarterly Metrics And Ratios for Criteo

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