Magnite (MGNI) Financials

$16.19 -0.04 (-0.25%)

Closing price 05/30/2025 04:00 PM Eastern

Extended Trading

$16.43 +0.24 (+1.46%)

As of 05/30/2025 07:45 PM Eastern

Annual Income Statements for Magnite

This table shows Magnite'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	23	-159	-130	0.07	-53	-25	-62	-155	-18	0.42	-20
Consolidated Net Income / (Loss)	23	-159	-130	0.07	-53	-25	-62	-155	-18	0.42	-19
Net Income / (Loss) Continuing Operations	23	-159	-130	0.07	-53	-25	-62	-155	-18	0.42	-19
Total Pre-Tax Income	26	-158	-136	-95	-53	-27	-61	-157	-23	-4.14	-19
Total Operating Income	51	-155	-113	-81	-54	-28	-64	-157	-25	-5.60	-19
Total Gross Profit	409	210	270	267	144	99	65	99	205	190	105
Total Revenue	668	620	577	468	222	156	125	156	278	248	125
Operating Revenue	668	620	577	468	222	156	125	156	278	248	125
Total Cost of Revenue	259	410	307	202	78	57	60	57	73	58	21
Operating Cost of Revenue	259	410	307	202	78	57	60	57	73	58	21
Total Operating Expenses	358	365	383	348	198	127	128	256	230	196	123
Selling, General & Admin Expense	97	89	81	65	53	40	42	56	69	70	57
Marketing Expense	166	174	200	170	76	45	45	52	83	83	43
Research & Development Expense	95	94	94	74	52	40	38	48	51	42	23
Restructuring Charge	0.00	7.47	7.47	38	18	2.04	3.44	5.96	3.32	0.00	0.00
Total Other Income / (Expense), net	-25	-2.54	-23	-14	1.50	0.59	2.14	0.43	1.98	1.46	0.28
Interest Expense	35	5.89	29	20	-0.05	-0.79	-0.99	-0.91	-0.49	-0.06	0.11
Other Income / (Expense), net	10	3.35	6.45	5.93	1.45	-0.20	1.16	-0.48	1.49	1.40	0.39
Income Tax Expense	3.70	1.64	-5.27	-95	0.69	-1.51	0.36	-1.80	-4.86	-4.56	0.17
Basic Earnings per Share	$0.16	($1.17)	($0.98)	$0.00	($0.55)	($0.48)	($1.23)	($3.17)	($0.39)	$0.01	($0.70)
Weighted Average Basic Shares Outstanding	140.56M	136.62M	132.89M	126.29M	96.70M	52.61M	50.26M	48.87M	46.66M	39.66M	28.22M
Diluted Earnings per Share	$0.16	($1.17)	($0.98)	$0.00	($0.55)	($0.48)	($1.23)	($3.17)	($0.39)	$0.01	($0.70)
Weighted Average Diluted Shares Outstanding	146.81M	136.62M	132.89M	136.26M	96.70M	52.61M	50.26M	48.87M	46.66M	44.50M	28.22M
Weighted Average Basic & Diluted Shares Outstanding	142.95M	139.93M	135.06M	132.27M	96.70M	52.61M	50.26M	48.87M	49.44M	42.20M	28.30M

This table shows Magnite'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	-9.63	36	5.21	-1.08	-18	31	-17	-74	-99	-36	-24
Consolidated Net Income / (Loss)	-9.63	36	5.21	-1.08	-18	31	-17	-74	-99	-36	-24
Net Income / (Loss) Continuing Operations	-9.63	36	5.21	-1.08	-18	31	-17	-74	-99	-36	-24
Total Pre-Tax Income	-10	42	6.24	3.55	-26	33	-18	-73	-99	-39	-25
Total Operating Income	-1.36	40	15	9.57	-14	35	-18	-72	-100	-29	-21
Total Gross Profit	93	126	99	100	83	117	65	22	5.32	64	74
Total Revenue	156	194	162	163	149	187	150	153	130	175	146
Operating Revenue	156	194	162	163	149	187	150	153	130	175	146
Total Cost of Revenue	63	68	63	63	66	70	85	130	125	111	72
Operating Cost of Revenue	63	68	63	63	66	70	85	130	125	111	72
Total Operating Expenses	94	86	84	91	97	82	83	94	106	93	95
Selling, General & Admin Expense	24	23	24	23	27	21	21	26	21	22	20
Marketing Expense	48	41	40	42	44	38	38	45	53	48	50
Research & Development Expense	22	22	20	26	27	23	24	23	24	23	25
Total Other Income / (Expense), net	-9.12	2.04	-8.88	-6.03	-12	-1.96	-0.60	-1.43	1.45	-11	-3.67
Interest Expense	7.33	5.43	7.17	6.79	15	-0.25	3.42	3.09	-0.37	7.99	7.02
Other Income / (Expense), net	-1.79	7.47	-1.71	0.77	3.61	-2.21	2.82	1.66	1.08	-2.59	3.35
Income Tax Expense	-0.85	5.85	1.03	4.63	-7.81	2.25	-0.97	0.66	-0.31	-2.73	-0.44
Basic Earnings per Share	($0.07)	$0.26	$0.04	($0.01)	($0.13)	$0.23	($0.13)	($0.54)	($0.73)	($0.27)	($0.18)
Weighted Average Basic Shares Outstanding	141.85M	140.56M	141.27M	140.55M	139.30M	136.62M	137.37M	136.16M	134.67M	132.89M	133.14M
Diluted Earnings per Share	($0.07)	$0.26	$0.04	($0.01)	($0.13)	$0.23	($0.13)	($0.54)	($0.73)	($0.27)	($0.18)
Weighted Average Diluted Shares Outstanding	141.85M	146.81M	148.70M	140.55M	139.30M	136.62M	137.37M	136.16M	134.67M	132.89M	133.14M
Weighted Average Basic & Diluted Shares Outstanding	141.11M	142.95M	140.69M	141.15M	140.02M	139.93M	137.85M	136.96M	135.57M	135.06M	133.38M

This table details how cash moves in and out of Magnite'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	157	-0.28	96	113	29	8.44	3.98	-73	33	18	67
Net Cash From Operating Activities	235	214	193	127	-12	32	-23	22	60	77	6.65
Net Cash From Continuing Operating Activities	235	214	193	127	-12	33	-23	22	60	77	6.65
Net Income / (Loss) Continuing Operations	23	-159	-130	0.07	-53	-25	-62	-155	-18	0.42	-19
Consolidated Net Income / (Loss)	23	-159	-130	0.07	-53	-25	-62	-155	-18	0.42	-19
Depreciation Expense	59	241	216	147	49	32	35	36	43	31	13
Amortization Expense	4.12	6.28	6.79	4.93	0.00	0.00	-	-	-	-	-
Non-Cash Adjustments To Reconcile Net Income	73	50	68	38	26	21	16	117	52	31	24
Changes in Operating Assets and Liabilities, net	77	76	32	-64	-34	5.34	-12	23	-16	14	-11
Net Cash From Investing Activities	-48	-37	-65	-691	33	-23	28	-93	-37	-74	-23
Net Cash From Continuing Investing Activities	-48	-37	-65	-691	33	-23	28	-93	-37	-74	-23
Purchase of Property, Plant & Equipment	-47	-37	-44	-29	-22	-20	-20	-40	-33	-28	-19
Acquisitions	0.00	0.00	-21	-662	55	-11	0.00	-39	-0.24	-8.65	-3.98
Other Investing Activities, net	-0.43	0.00	0.00	-	-	-	-	-	-	-	0.35
Net Cash From Financing Activities	-29	-178	-30	678	7.35	-0.21	-1.28	-1.38	10	15	84
Net Cash From Continuing Financing Activities	-29	-178	-30	678	7.35	-0.21	-1.28	-1.38	10	15	84
Repayment of Debt	-409	-169	-4.41	-33	0.00	0.00	-	-	0.00	-0.11	-4.08
Repurchase of Common Equity	-15	0.00	-16	-6.01	0.00	0.00	-	-	-	-	-3.04
Issuance of Debt	413	0.00	0.00	749	0.00	0.00	-	-	-	-	-
Issuance of Common Equity	3.59	3.51	3.74	3.71	1.66	1.05	0.31	0.63	1.89	2.04	90
Other Financing Activities, net	-22	-12	-14	-36	5.69	-1.26	-1.59	-2.01	8.19	14	1.17
Effect of Exchange Rate Changes	-1.79	0.58	-1.42	-0.68	0.92	-	-	-	-0.16	-0.16	-0.08
Cash Interest Paid	37	37	26	13	0.10	0.06	0.05	0.06	0.06	0.06	0.12
Cash Income Taxes Paid	3.87	5.36	4.93	2.14	1.61	0.29	0.38	0.38	1.29	1.07	0.40

This table details how cash moves in and out of Magnite'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	-54	96	61	74	-73	16	44	30	-90	73	20
Net Cash From Operating Activities	2.56	115	91	90	-60	89	82	74	-31	89	40
Net Cash From Continuing Operating Activities	2.56	115	91	90	-60	88	83	74	-31	89	40
Net Income / (Loss) Continuing Operations	-9.63	36	5.21	-1.08	-18	31	-17	-74	-99	-36	-24
Consolidated Net Income / (Loss)	-9.63	36	5.21	-1.08	-18	31	-17	-74	-99	-36	-24
Depreciation Expense	16	16	15	14	14	17	39	89	96	77	47
Amortization Expense	0.97	0.98	0.99	1.00	1.15	1.46	1.55	1.60	1.67	1.69	1.70
Non-Cash Adjustments To Reconcile Net Income	27	8.58	21	20	24	13	10	17	9.35	19	16
Changes in Operating Assets and Liabilities, net	-32	53	50	55	-81	26	49	40	-39	27	0.38
Net Cash From Investing Activities	-17	-6.83	-18	-13	-9.25	-12	-6.81	-11	-7.47	-15	-13
Net Cash From Continuing Investing Activities	-17	-6.83	-18	-13	-9.25	-12	-6.81	-11	-7.47	-15	-13
Purchase of Property, Plant & Equipment	-17	-6.40	-18	-13	-9.25	-12	-6.81	-11	-7.47	-15	-13
Net Cash From Financing Activities	-39	-9.46	-14	-2.55	-3.10	-62	-31	-33	-52	-1.85	-4.75
Net Cash From Continuing Financing Activities	-39	-9.46	-14	-2.55	-3.10	-62	-31	-33	-52	-1.85	-4.75
Repayment of Debt	-93	-0.91	-52	-0.91	-356	-62	-30	-35	-42	-1.11	-1.11
Repurchase of Common Equity	-19	-5.57	-	-	-	-	-	-	-	-	-
Issuance of Debt	93	-	52	-	361	-	-	-	0.00	-	-
Other Financing Activities, net	-20	-4.59	-4.76	-3.62	-8.94	-1.85	-0.22	-0.02	-9.87	-2.35	-3.65
Effect of Exchange Rate Changes	0.58	-2.43	1.35	-0.09	-0.62	0.78	-0.47	-0.01	0.27	1.07	-1.57
Cash Interest Paid	6.68	8.12	11	11	7.18	9.42	9.67	8.96	8.99	7.70	7.20
Cash Income Taxes Paid	0.57	0.71	1.22	1.21	0.73	0.76	1.53	1.52	1.55	0.58	1.05

This table presents Magnite'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	2,855	2,689	2,712	2,713	939	395	360	384	520	537	296
Total Current Assets	1,703	1,523	1,326	1,178	607	313	301	305	392	366	238
Cash & Equivalents	483	326	326	230	118	89	80	77	149	116	97
Accounts Receivable	1,200	1,176	977	928	472	218	206	166	192	218	133
Prepaid Expenses	20	21	24	20	18	6.59	6.88	9.62	9.54	7.72	7.51
Plant, Property, & Equipment, net	69	47	0.00	0.00	0.00	24	33	47	36	25	15
Total Noncurrent Assets	1,083	1,097	1,386	1,534	332	58	26	32	92	146	43
Goodwill	978	978	978	970	158	7.37	0.00	-	66	66	16
Intangible Assets	21	51	254	427	90	11	10	13	6.80	51	14
Other Noncurrent Operating Assets	83	67	154	138	84	40	16	18	19	16	13
Total Liabilities & Shareholders' Equity	2,855	2,689	2,712	2,713	939	395	360	384	520	537	296
Total Liabilities	2,087	1,987	1,921	1,832	557	283	242	219	220	259	168
Total Current Liabilities	1,496	1,402	1,125	1,029	522	267	241	217	218	250	154
Short-Term Debt	3.64	3.60	3.60	3.60	0.00	-	-	-	-	-	0.11
Accounts Payable	1,466	1,372	1,094	1,001	509	259	240	214	215	248	151
Other Current Liabilities	26	26	27	25	13	8.06	1.30	3.14	3.53	2.20	3.28
Total Noncurrent Liabilities	591	585	796	802	35	16	1.02	1.78	1.83	8.47	13
Long-Term Debt	550	533	723	720	0.00	-	-	-	-	-	-
Other Noncurrent Operating Liabilities	40	52	68	69	35	16	1.02	1.78	1.78	2.25	13
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	768	702	791	881	382	112	118	165	300	278	129
Total Preferred & Common Equity	768	702	791	881	382	112	118	165	300	278	129
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00
Total Common Equity	768	702	791	881	382	112	118	165	300	278	129
Common Stock	1,434	1,388	1,319	1,283	777	453	434	418	399	358	209
Retained Earnings	-661	-684	-525	-394	-395	-341	-316	-254	-99	-80	-81
Accumulated Other Comprehensive Income / (Loss)	-4.42	-2.08	-3.15	-1.38	-0.96	-0.05	-0.26	0.04	-0.27	-0.02	-0.01

This table presents Magnite'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	2,675	2,738	2,643	2,454	2,445	2,408	2,430	2,529
Total Current Assets	1,515	1,573	1,468	1,273	1,269	1,197	1,137	1,079
Cash & Equivalents	430	387	326	253	311	266	237	254
Accounts Receivable	1,053	1,164	1,122	1,000	937	908	875	804
Prepaid Expenses	32	22	19	21	21	22	25	21
Plant, Property, & Equipment, net	79	65	63	56	46	46	46	45
Total Noncurrent Assets	1,080	1,100	1,112	1,125	1,130	1,165	1,247	1,404
Goodwill	978	978	978	978	978	978	978	978
Intangible Assets	14	28	36	43	59	88	167	323
Other Noncurrent Operating Assets	88	93	98	103	93	98	102	104
Total Liabilities & Shareholders' Equity	2,675	2,738	2,643	2,454	2,445	2,408	2,430	2,529
Total Liabilities	1,933	2,012	1,930	1,759	1,793	1,755	1,725	1,719
Total Current Liabilities	1,538	1,414	1,329	1,155	1,131	1,054	982	919
Short-Term Debt	208	22	24	24	3.60	3.60	3.60	3.60
Accounts Payable	1,307	1,385	1,299	1,123	1,101	1,022	950	890
Other Current Liabilities	24	7.01	6.22	7.73	27	28	28	25
Total Noncurrent Liabilities	394	598	601	604	662	701	742	800
Long-Term Debt	349	550	549	549	602	635	674	722
Other Noncurrent Operating Liabilities	45	1.63	1.52	1.58	56	61	64	66
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	742	726	713	695	652	653	705	811
Total Preferred & Common Equity	742	726	713	695	652	653	705	811
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	742	726	713	695	652	653	705	811
Common Stock	1,416	1,425	1,419	1,400	1,371	1,353	1,332	1,304
Retained Earnings	-671	-698	-703	-702	-715	-697	-624	-488
Accumulated Other Comprehensive Income / (Loss)	-3.59	-1.09	-3.18	-3.09	-3.64	-2.68	-2.78	-5.29

This table displays calculated financial ratios and metrics derived from Magnite'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	7.82%	7.39%	23.20%	111.35%	41.69%	25.45%	-19.84%	-44.09%	11.97%	98.32%	49.46%
EBITDA Growth	29.77%	-18.08%	51.95%	2,265.24%	-181.46%	116.03%	77.63%	-726.21%	-27.80%	556.45%	-1,918.56%
EBIT Growth	140.37%	-42.62%	-41.52%	-42.34%	-90.03%	55.52%	60.34%	-572.76%	-457.50%	77.17%	-110.69%
NOPAT Growth	140.51%	-37.44%	-39.12%	-49.48%	-96.62%	56.64%	59.48%	-530.50%	-344.75%	70.19%	-383.97%
Net Income Growth	114.31%	-22.15%	-200,596.92%	100.12%	-109.72%	58.79%	60.06%	-757.38%	-4,377.96%	102.26%	-101.89%
EPS Growth	113.68%	-19.39%	0.00%	100.00%	-14.58%	60.98%	61.20%	-712.82%	-4,000.00%	101.43%	40.17%
Operating Cash Flow Growth	9.72%	11.33%	52.11%	1,149.23%	-137.72%	240.98%	-205.34%	-64.18%	-21.77%	1,056.60%	-68.50%
Free Cash Flow Firm Growth	-50.55%	86.02%	108.88%	-318.43%	-2,163.58%	68.49%	-9.19%	-1,606.86%	97.84%	-78.48%	-888.82%
Invested Capital Growth	-5.77%	-25.29%	-13.29%	420.57%	1,045.16%	-23.27%	-15.31%	-67.62%	-12.28%	294.40%	429.29%
Revenue Q/Q Growth	1.06%	1.90%	2.51%	20.37%	17.82%	4.72%	8.75%	-20.97%	-7.12%	26.58%	12.28%
EBITDA Q/Q Growth	12.38%	3.50%	-6.74%	94.22%	76.45%	31.25%	44.69%	-6.54%	-64.09%	352.37%	37.30%
EBIT Q/Q Growth	31.81%	29.69%	-51.22%	-1.65%	9.73%	8.96%	26.05%	-2.02%	-246.20%	79.95%	7.10%
NOPAT Q/Q Growth	-3.90%	29.11%	-39.92%	-5.68%	11.44%	11.17%	25.65%	-1.59%	-179.60%	76.22%	-13.18%
Net Income Q/Q Growth	31.76%	29.71%	-39.41%	-98.82%	7.55%	12.84%	25.88%	-1.73%	-176.68%	102.27%	7.28%
EPS Q/Q Growth	23.08%	29.94%	-44.12%	-100.00%	8.33%	14.29%	26.79%	-1.28%	-167.24%	105.26%	36.94%
Operating Cash Flow Q/Q Growth	12.22%	0.18%	11.67%	80.91%	-547.61%	230.61%	-121.76%	4.93%	-42.46%	240.40%	-62.14%
Free Cash Flow Firm Q/Q Growth	170.10%	5.49%	43.01%	3.80%	-0.96%	37.86%	-9.82%	-10.04%	-105.16%	36.60%	0.00%
Invested Capital Q/Q Growth	-12.38%	-5.99%	-7.11%	-2.66%	4.60%	21.30%	43.64%	-21.53%	-9.33%	-10.56%	996.30%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	61.26%	33.86%	46.77%	56.95%	64.92%	63.31%	51.88%	63.46%	73.67%	76.46%	83.44%
EBITDA Margin	18.54%	15.40%	20.19%	16.37%	-1.60%	2.78%	-21.75%	-77.94%	6.96%	10.79%	-4.69%
Operating Margin	7.65%	-25.01%	-19.54%	-17.31%	-24.47%	-17.63%	-51.02%	-100.92%	-8.95%	-2.25%	-14.99%
EBIT Margin	9.16%	-24.47%	-18.43%	-16.04%	-23.82%	-17.76%	-50.09%	-101.23%	-8.41%	-1.69%	-14.68%
Profit (Net Income) Margin	3.41%	-25.69%	-22.58%	0.01%	-24.11%	-16.29%	-49.58%	-99.51%	-6.49%	0.17%	-14.90%
Tax Burden Percent	86.04%	101.04%	96.11%	-0.07%	101.31%	94.40%	100.58%	98.87%	78.79%	-10.20%	100.93%
Interest Burden Percent	43.26%	103.88%	127.52%	126.41%	99.91%	97.16%	98.42%	99.42%	97.90%	98.59%	100.60%
Effective Tax Rate	13.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	5.08%	-10.43%	-6.15%	-6.93%	-26.46%	-72.74%	-135.95%	-151.56%	-14.87%	-5.01%	-119.25%
ROIC Less NNEP Spread (ROIC-NNEP)	-11.26%	-27.65%	-17.66%	23.33%	-11.48%	-65.77%	-120.02%	-123.42%	-14.51%	-8.47%	-110.25%
Return on Net Nonoperating Assets (RNNOA)	-1.98%	-10.90%	-9.43%	6.94%	4.80%	50.58%	92.20%	84.86%	8.62%	5.21%	93.48%
Return on Equity (ROE)	3.10%	-21.32%	-15.59%	0.01%	-21.65%	-22.16%	-43.75%	-66.70%	-6.25%	0.21%	-25.77%
Cash Return on Invested Capital (CROIC)	11.03%	18.52%	8.08%	-142.47%	-194.33%	-46.41%	-119.38%	-49.39%	-1.79%	-124.10%	-171.89%
Operating Return on Assets (OROA)	2.21%	-5.62%	-3.92%	-4.12%	-7.91%	-7.36%	-16.80%	-34.86%	-4.43%	-1.01%	-8.24%
Return on Assets (ROA)	0.82%	-5.89%	-4.80%	0.00%	-8.01%	-6.75%	-16.63%	-34.27%	-3.42%	0.10%	-8.37%
Return on Common Equity (ROCE)	3.10%	-21.32%	-15.59%	0.01%	-21.65%	-22.16%	-43.75%	-66.70%	-6.25%	0.21%	-16.42%
Return on Equity Simple (ROE_SIMPLE)	2.97%	-22.69%	-16.47%	0.01%	-14.00%	-22.76%	-52.39%	-94.03%	-6.03%	0.15%	-14.50%
Net Operating Profit after Tax (NOPAT)	44	-109	-79	-57	-38	-19	-45	-110	-17	-3.92	-13
NOPAT Margin	6.58%	-17.51%	-13.68%	-12.12%	-17.13%	-12.34%	-35.71%	-70.64%	-6.26%	-1.58%	-10.49%
Net Nonoperating Expense Percent (NNEP)	16.35%	17.22%	11.50%	-30.26%	-14.98%	-6.98%	-15.93%	-28.14%	-0.36%	3.47%	-9.00%
Return On Investment Capital (ROIC_SIMPLE)	3.32%	-8.76%	-5.20%	-	-	-	-	-	-	-	-
Cost of Revenue to Revenue	38.74%	66.14%	53.23%	43.05%	35.08%	36.69%	48.12%	36.54%	26.33%	23.54%	16.56%
SG&A Expenses to Revenue	14.50%	14.37%	14.10%	13.83%	23.91%	25.41%	34.03%	35.74%	24.65%	28.25%	45.81%
R&D to Revenue	14.25%	15.22%	16.25%	15.89%	23.26%	25.73%	30.37%	30.54%	18.40%	16.92%	18.13%
Operating Expenses to Revenue	53.62%	58.87%	66.32%	74.26%	89.39%	80.94%	102.89%	164.38%	82.62%	78.71%	98.42%
Earnings before Interest and Taxes (EBIT)	61	-152	-106	-75	-53	-28	-62	-157	-23	-4.20	-18
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	124	95	117	77	-3.54	4.35	-27	-121	19	27	-5.87
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.92	1.83	1.79	2.62	9.01	3.87	1.60	0.57	1.21	2.63	4.51
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	25.73	4.65	1.76	0.62	1.60	4.52	5.90
Price to Revenue (P/Rev)	3.35	2.08	2.45	4.92	15.51	2.77	1.52	0.60	1.31	2.94	4.63
Price to Earnings (P/E)	98.30	0.00	0.00	35,488.08	0.00	0.00	0.00	0.00	0.00	1,729.93	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	1.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.06%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.75	1.68	1.52	2.04	12.58	14.93	3.37	0.00	1.59	4.62	15.26
Enterprise Value to Revenue (EV/Rev)	3.46	2.42	3.14	5.98	14.98	2.20	0.81	0.00	0.63	2.32	3.86
Enterprise Value to EBITDA (EV/EBITDA)	18.65	15.69	15.56	36.52	0.00	79.17	0.00	0.00	8.98	21.51	0.00
Enterprise Value to EBIT (EV/EBIT)	37.74	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	52.56	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	9.82	6.99	9.41	22.12	0.00	10.76	0.00	0.00	2.89	7.51	72.72
Enterprise Value to Free Cash Flow (EV/FCFF)	24.23	7.77	17.49	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.72	0.76	0.92	0.82	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.72	0.76	0.91	0.82	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	0.18	0.39	0.53	0.30	-0.42	-0.77	-0.77	-0.69	-0.59	-0.62	-0.85
Leverage Ratio	3.77	3.62	3.24	2.89	2.70	3.28	2.63	1.95	1.83	2.05	3.08
Compound Leverage Factor	1.63	3.76	4.14	3.66	2.70	3.19	2.59	1.94	1.79	2.02	3.10
Debt to Total Capital	41.89%	43.33%	47.86%	45.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.08%
Short-Term Debt to Total Capital	0.28%	0.29%	0.24%	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.08%
Long-Term Debt to Total Capital	41.61%	43.04%	47.62%	44.88%	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	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	58.11%	56.67%	52.14%	54.90%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	99.92%
Debt to EBITDA	4.47	5.62	6.23	9.44	0.00	0.00	0.00	0.00	0.00	0.00	-0.02
Net Debt to EBITDA	0.57	2.20	3.43	6.43	0.00	0.00	0.00	0.00	0.00	0.00	16.53
Long-Term Debt to EBITDA	4.44	5.58	6.20	9.39	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	12.60	-4.95	-9.20	-12.75	0.00	0.00	0.00	0.00	0.00	0.00	-0.01
Net Debt to NOPAT	1.60	-1.94	-5.07	-8.69	0.00	0.00	0.00	0.00	0.00	0.00	7.39
Long-Term Debt to NOPAT	12.52	-4.91	-9.15	-12.69	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	0.71	0.13	0.34	0.70	3.27	0.01	-0.79	-1.35	1.51	2.18	2.25
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	36.28%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.14	1.09	1.18	1.14	1.16	1.17	1.25	1.40	1.79	1.46	1.54
Quick Ratio	1.13	1.07	1.16	1.13	1.13	1.15	1.22	1.36	1.75	1.43	1.49
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	95	193	104	-1,167	-279	-12	-39	-36	-2.10	-97	-54
Operating Cash Flow to CapEx	499.68%	573.43%	433.70%	434.60%	-54.94%	160.82%	-113.77%	53.27%	180.00%	270.27%	34.10%
Free Cash Flow to Firm to Interest Expense	2.74	32.73	3.54	-58.79	0.00	0.00	0.00	0.00	0.00	0.00	-494.73
Operating Cash Flow to Interest Expense	6.77	36.40	6.58	6.38	0.00	0.00	0.00	0.00	0.00	0.00	60.41
Operating Cash Flow Less CapEx to Interest Expense	5.42	30.05	5.06	4.91	0.00	0.00	0.00	0.00	0.00	0.00	-116.73
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.24	0.23	0.21	0.26	0.33	0.41	0.34	0.34	0.53	0.60	0.56
Accounts Receivable Turnover	0.56	0.58	0.61	0.67	0.64	0.74	0.67	0.87	1.36	1.41	1.10
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	11.51	0.00	0.00	0.00	0.00	5.47	3.08	3.72	9.03	12.24	10.48
Accounts Payable Turnover	0.18	0.33	0.29	0.27	0.20	0.23	0.26	0.27	0.32	0.29	0.15
Days Sales Outstanding (DSO)	649.05	633.98	602.24	545.24	567.55	493.84	543.87	419.99	269.14	258.16	332.08
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)	2,001.39	1,098.14	1,244.89	1,366.76	1,804.54	1,587.16	1,380.18	1,377.54	1,153.27	1,244.81	2,384.96
Cash Conversion Cycle (CCC)	-1,352.34	-464.17	-642.66	-821.52	-1,236.99	-1,093.32	-836.31	-957.55	-884.14	-986.65	-2,052.88
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	839	890	1,191	1,374	264	23	30	35	110	125	32
Invested Capital Turnover	0.77	0.60	0.45	0.57	1.54	5.89	3.81	2.15	2.37	3.17	11.37
Increase / (Decrease) in Invested Capital	-51	-301	-183	1,110	241	-6.99	-5.43	-74	-15	93	41
Enterprise Value (EV)	2,310	1,498	1,813	2,800	3,321	344	101	-36	174	577	483
Market Capitalization	2,240	1,288	1,413	2,307	3,438	433	189	93	364	730	580
Book Value per Share	$5.46	$5.09	$5.93	$6.68	$3.41	$2.11	$2.33	$3.31	$6.11	$6.27	$3.58
Tangible Book Value per Share	($1.64)	($2.38)	($3.30)	($3.91)	$1.19	$1.76	$2.12	$3.04	$4.63	$3.64	$2.74
Total Capital	1,322	1,238	1,518	1,604	382	112	118	165	300	278	129
Total Debt	554	537	726	724	0.00	0.00	0.00	0.00	0.00	0.00	0.11
Total Long-Term Debt	550	533	723	720	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	71	210	400	493	-118	-89	-88	-129	-190	-153	-97
Capital Expenditures (CapEx)	47	37	44	29	22	20	20	40	33	28	19
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-272	-202	-121	-78	-33	-43	-28	-42	-17	-24	-14
Debt-free Net Working Capital (DFNWC)	211	124	205	152	85	46	60	87	173	116	84
Net Working Capital (NWC)	207	121	201	149	85	46	60	87	173	116	84
Net Nonoperating Expense (NNE)	21	51	51	-57	15	6.17	17	45	0.63	-4.34	5.53
Net Nonoperating Obligations (NNO)	71	188	400	493	-118	-89	-88	-129	-190	-153	-97
Total Depreciation and Amortization (D&A)	63	247	223	152	49	32	35	36	43	31	13
Debt-free, Cash-free Net Working Capital to Revenue	-40.77%	-32.56%	-21.04%	-16.67%	-14.80%	-27.71%	-22.79%	-26.83%	-6.05%	-9.74%	-10.79%
Debt-free Net Working Capital to Revenue	31.55%	20.08%	35.49%	32.52%	38.30%	29.12%	47.77%	56.20%	62.23%	46.50%	66.79%
Net Working Capital to Revenue	31.01%	19.50%	34.87%	31.75%	38.30%	29.12%	47.77%	56.20%	62.23%	46.50%	66.70%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.16	($1.17)	($0.98)	$0.00	($0.55)	($0.48)	($1.23)	($3.17)	($0.39)	$0.01	($0.70)
Adjusted Weighted Average Basic Shares Outstanding	140.56M	136.62M	132.89M	126.29M	115.57M	55.04M	51.73M	48.87M	46.66M	39.66M	37.75M
Adjusted Diluted Earnings per Share	$0.16	($1.17)	($0.98)	$0.00	($0.55)	($0.48)	($1.23)	($3.17)	($0.39)	$0.01	($0.70)
Adjusted Weighted Average Diluted Shares Outstanding	146.81M	136.62M	132.89M	136.26M	115.57M	55.04M	51.73M	48.87M	46.66M	44.50M	37.75M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($0.55)	($0.48)	($1.23)	$0.00	$0.00	$0.00	($0.70)
Adjusted Weighted Average Basic & Diluted Shares Outstanding	142.95M	139.93M	135.06M	132.27M	96.70M	52.61M	50.26M	50.25M	49.44M	47.18M	28.22M
Normalized Net Operating Profit after Tax (NOPAT)	44	-103	-74	-30	-26	-18	-42	-39	1.32	-3.92	-13
Normalized NOPAT Margin	6.58%	-16.67%	-12.78%	-6.41%	-11.59%	-11.43%	-33.78%	-25.28%	0.48%	-1.58%	-10.49%
Pre Tax Income Margin	3.96%	-25.42%	-23.50%	-20.28%	-23.80%	-17.26%	-49.30%	-100.64%	-8.24%	-1.67%	-14.77%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.76	-25.75	-3.63	-3.79	0.00	0.00	0.00	0.00	0.00	0.00	-167.19
NOPAT to Interest Expense	1.27	-18.43	-2.70	-2.86	0.00	0.00	0.00	0.00	0.00	0.00	-119.50
EBIT Less CapEx to Interest Expense	0.41	-32.10	-5.15	-5.25	0.00	0.00	0.00	0.00	0.00	0.00	-344.33
NOPAT Less CapEx to Interest Expense	-0.09	-24.77	-4.22	-4.33	0.00	0.00	0.00	0.00	0.00	0.00	-296.63
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	63.96%	0.00%	-12.02%	9,241.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-16.26%

This table displays calculated financial ratios and metrics derived from Magnite'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	4.32%	3.76%	7.94%	6.78%	14.73%	6.58%	2.93%	10.71%	10.23%	8.75%	10.57%
EBITDA Growth	198.13%	26.65%	12.20%	25.33%	330.55%	6.72%	-15.45%	-31.86%	-124.15%	-14.93%	6.41%
EBIT Growth	69.10%	44.89%	189.25%	114.75%	89.72%	205.74%	15.63%	-291.54%	-151.77%	-736.56%	18.10%
NOPAT Growth	90.14%	5.83%	201.12%	94.21%	86.24%	263.87%	15.66%	-208.62%	-152.35%	-885.20%	11.66%
Net Income Growth	45.75%	17.77%	129.83%	98.54%	82.01%	184.96%	28.35%	-196.10%	-121.41%	-8,132.01%	-0.30%
EPS Growth	46.15%	13.04%	130.77%	98.15%	82.19%	185.19%	27.78%	-184.21%	-114.71%	-1,000.00%	0.00%
Operating Cash Flow Growth	104.24%	28.75%	11.32%	20.85%	-95.55%	0.43%	105.70%	75.13%	-242.81%	29.33%	30.42%
Free Cash Flow Firm Growth	190.44%	-74.24%	-99.32%	-94.77%	-51.48%	105.42%	183.42%	172.37%	112.55%	114.68%	109.70%
Invested Capital Growth	-18.69%	-5.77%	1.10%	-1.50%	-6.81%	-25.29%	-26.18%	-21.96%	-15.57%	-13.29%	-9.13%
Revenue Q/Q Growth	-19.69%	19.73%	-0.54%	9.08%	-20.12%	24.55%	-1.61%	17.21%	-25.80%	20.29%	5.83%
EBITDA Q/Q Growth	-79.32%	124.11%	13.13%	468.59%	-91.21%	98.55%	26.37%	1,145.93%	-104.07%	57.30%	1.85%
EBIT Q/Q Growth	-106.62%	255.64%	29.67%	201.18%	-131.05%	319.06%	78.58%	29.45%	-219.37%	-74.78%	0.57%
NOPAT Q/Q Growth	-102.76%	174.33%	534.32%	69.96%	-129.56%	362.14%	75.15%	28.56%	-252.10%	-34.92%	9.06%
Net Income Q/Q Growth	-126.46%	598.25%	583.67%	93.93%	-157.44%	276.88%	76.35%	25.16%	-171.35%	-49.17%	2.26%
EPS Q/Q Growth	-126.92%	550.00%	500.00%	92.31%	-156.52%	276.92%	75.93%	26.03%	-170.37%	-50.00%	5.26%
Operating Cash Flow Q/Q Growth	-97.77%	25.56%	1.99%	248.26%	-167.81%	8.56%	10.72%	339.91%	-134.83%	122.36%	-5.73%
Free Cash Flow Firm Q/Q Growth	130.92%	3,827.69%	-82.42%	-81.78%	-71.74%	3.31%	35.77%	68.93%	-13.30%	42.53%	30.48%
Invested Capital Q/Q Growth	3.56%	-12.38%	-5.17%	-5.50%	8.77%	-5.99%	-7.61%	-10.60%	-3.78%	-7.11%	-2.33%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	59.69%	65.05%	61.39%	61.56%	55.87%	62.54%	43.45%	14.66%	4.09%	36.71%	50.79%
EBITDA Margin	8.61%	33.43%	17.86%	15.70%	3.01%	27.39%	17.18%	13.38%	-1.50%	27.35%	20.92%
Operating Margin	-0.88%	20.73%	9.34%	5.88%	-9.26%	18.79%	-11.89%	-47.07%	-77.21%	-16.27%	-14.51%
EBIT Margin	-2.03%	24.59%	8.28%	6.35%	-6.85%	17.61%	-10.01%	-45.98%	-76.38%	-17.75%	-12.21%
Profit (Net Income) Margin	-6.18%	18.77%	3.22%	-0.66%	-11.89%	16.54%	-11.64%	-48.44%	-75.86%	-20.74%	-16.73%
Tax Burden Percent	91.87%	86.15%	83.52%	-30.37%	69.46%	93.22%	94.76%	100.91%	99.69%	93.02%	98.25%
Interest Burden Percent	332.08%	88.61%	46.55%	34.32%	250.13%	100.75%	122.75%	104.41%	99.62%	125.66%	139.39%
Effective Tax Rate	0.00%	13.85%	16.48%	130.37%	0.00%	6.78%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-0.43%	13.81%	5.41%	-1.14%	-3.74%	10.43%	-4.54%	-17.02%	-25.43%	-5.12%	-4.24%
ROIC Less NNEP Spread (ROIC-NNEP)	-3.90%	15.17%	2.59%	-0.59%	-5.73%	9.81%	-5.84%	-22.49%	-31.34%	-8.80%	-6.15%
Return on Net Nonoperating Assets (RNNOA)	-1.36%	2.67%	0.99%	-0.29%	-3.33%	3.87%	-3.06%	-13.18%	-19.52%	-4.70%	-3.67%
Return on Equity (ROE)	-1.78%	16.48%	6.40%	-1.43%	-7.07%	14.30%	-7.60%	-30.20%	-44.95%	-9.82%	-7.91%
Cash Return on Invested Capital (CROIC)	25.49%	11.03%	3.71%	2.41%	2.73%	18.52%	16.39%	11.38%	7.18%	8.08%	5.38%
Operating Return on Assets (OROA)	-0.53%	5.93%	2.11%	1.63%	-1.79%	4.04%	-2.45%	-11.04%	-18.17%	-3.78%	-2.72%
Return on Assets (ROA)	-1.63%	4.52%	0.82%	-0.17%	-3.11%	3.80%	-2.85%	-11.63%	-18.05%	-4.41%	-3.72%
Return on Common Equity (ROCE)	-1.78%	16.48%	6.40%	-1.43%	-7.07%	14.30%	-7.60%	-30.20%	-44.95%	-9.82%	-7.91%
Return on Equity Simple (ROE_SIMPLE)	4.17%	0.00%	2.38%	-0.76%	-11.25%	0.00%	-34.73%	-35.77%	-26.16%	0.00%	-11.53%
Net Operating Profit after Tax (NOPAT)	-0.95	35	13	-2.91	-9.68	33	-12	-50	-70	-20	-15
NOPAT Margin	-0.61%	17.86%	7.80%	-1.79%	-6.48%	17.51%	-8.32%	-32.95%	-54.05%	-11.39%	-10.16%
Net Nonoperating Expense Percent (NNEP)	3.47%	-1.36%	2.82%	-0.55%	1.98%	0.62%	1.30%	5.47%	5.91%	3.67%	1.90%
Return On Investment Capital (ROIC_SIMPLE)	-0.07%	2.62%	-	-	-	2.64%	-	-	-	-1.32%	-
Cost of Revenue to Revenue	40.31%	34.95%	38.61%	38.44%	44.14%	37.46%	56.55%	85.34%	95.91%	63.29%	49.21%
SG&A Expenses to Revenue	15.37%	11.90%	15.12%	13.89%	17.86%	11.25%	14.18%	16.81%	16.20%	12.53%	13.88%
R&D to Revenue	14.31%	11.48%	12.51%	15.86%	18.01%	12.40%	15.68%	15.33%	18.61%	12.85%	17.24%
Operating Expenses to Revenue	60.56%	44.32%	52.06%	55.69%	65.13%	43.75%	55.34%	61.73%	81.30%	52.98%	65.30%
Earnings before Interest and Taxes (EBIT)	-3.16	48	13	10	-10	33	-15	-70	-99	-31	-18
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	13	65	29	26	4.50	51	26	20	-1.95	48	31
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.20	2.92	2.69	2.61	2.16	1.83	1.58	2.84	1.77	1.79	1.08
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	2.42	3.35	2.96	2.87	2.35	2.08	1.70	3.06	2.12	2.45	1.55
Price to Earnings (P/E)	52.77	98.30	113.04	0.00	0.00	0.00	0.00	0.00	0.00	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	1.90%	1.02%	0.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.02	2.75	2.28	2.14	1.76	1.68	1.40	2.17	1.48	1.52	1.05
Enterprise Value to Revenue (EV/Rev)	2.61	3.46	3.31	3.32	2.94	2.42	2.18	3.68	2.87	3.14	2.39
Enterprise Value to EBITDA (EV/EBITDA)	13.24	18.65	19.84	20.15	18.42	15.69	14.39	22.93	15.89	15.56	10.77
Enterprise Value to EBIT (EV/EBIT)	25.74	37.74	47.07	119.78	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	37.20	52.56	47.80	236.59	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	5.90	9.82	10.43	10.77	10.15	6.99	6.20	12.94	12.08	9.41	7.80
Enterprise Value to Free Cash Flow (EV/FCFF)	7.12	24.23	61.94	88.11	62.07	7.77	7.26	16.71	18.82	17.49	18.57
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.75	0.72	0.85	0.87	0.90	0.76	0.93	0.98	0.96	0.92	0.90
Long-Term Debt to Equity	0.47	0.72	0.82	0.84	0.87	0.76	0.92	0.97	0.96	0.91	0.89
Financial Leverage	0.35	0.18	0.38	0.49	0.58	0.39	0.52	0.59	0.62	0.53	0.60
Leverage Ratio	3.57	3.77	3.76	3.70	3.49	3.62	3.40	3.41	3.21	3.24	3.00
Compound Leverage Factor	11.85	3.34	1.75	1.27	8.72	3.64	4.17	3.56	3.20	4.08	4.18
Debt to Total Capital	42.87%	41.89%	46.01%	46.63%	47.36%	43.33%	48.13%	49.46%	49.00%	47.86%	47.24%
Short-Term Debt to Total Capital	15.99%	0.28%	1.63%	1.77%	1.78%	0.29%	0.29%	0.28%	0.26%	0.24%	0.23%
Long-Term Debt to Total Capital	26.88%	41.61%	44.38%	44.86%	45.58%	43.04%	47.85%	49.18%	48.74%	47.62%	47.00%
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	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	57.13%	58.11%	53.99%	53.37%	52.64%	56.67%	51.87%	50.54%	51.00%	52.14%	52.76%
Debt to EBITDA	4.19	4.47	5.61	5.82	6.14	5.62	6.56	6.59	6.36	6.23	5.81
Net Debt to EBITDA	0.96	0.57	2.10	2.77	3.66	2.20	3.20	3.84	4.14	3.43	3.78
Long-Term Debt to EBITDA	2.63	4.44	5.41	5.60	5.91	5.58	6.52	6.55	6.33	6.20	5.78
Debt to NOPAT	11.78	12.60	13.53	68.32	-13.08	-4.95	-3.95	-4.11	-5.58	-9.20	-12.86
Net Debt to NOPAT	2.68	1.60	5.06	32.52	-7.79	-1.94	-1.93	-2.40	-3.63	-5.07	-8.37
Long-Term Debt to NOPAT	7.38	12.52	13.05	65.72	-12.59	-4.91	-3.93	-4.09	-5.55	-9.15	-12.80
Altman Z-Score	0.39	0.70	0.55	0.53	0.42	0.36	0.23	0.45	0.26	0.43	0.31
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.98	1.14	1.11	1.10	1.10	1.09	1.12	1.14	1.16	1.18	1.17
Quick Ratio	0.96	1.13	1.10	1.09	1.08	1.07	1.10	1.11	1.13	1.16	1.15
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	199	86	2.19	12	68	334	323	238	141	163	114
Operating Cash Flow to CapEx	14.89%	1,791.86%	504.32%	673.23%	-652.95%	739.66%	1,205.86%	669.70%	-413.73%	582.97%	302.38%
Free Cash Flow to Firm to Interest Expense	27.11	15.83	0.31	1.83	4.46	0.00	94.60	76.99	0.00	20.36	16.26
Operating Cash Flow to Interest Expense	0.35	21.11	12.75	13.19	-3.94	0.00	24.01	23.96	0.00	11.11	5.69
Operating Cash Flow Less CapEx to Interest Expense	-2.00	19.93	10.22	11.23	-4.54	0.00	22.02	20.38	0.00	9.20	3.81
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.26	0.24	0.26	0.26	0.26	0.23	0.24	0.24	0.24	0.21	0.22
Accounts Receivable Turnover	0.66	0.56	0.63	0.64	0.68	0.58	0.70	0.67	0.71	0.61	0.72
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	10.02	11.51	11.95	11.89	12.63	0.00	13.28	14.29	14.61	0.00	14.39
Accounts Payable Turnover	0.21	0.18	0.21	0.24	0.34	0.33	0.45	0.44	0.41	0.29	0.31
Days Sales Outstanding (DSO)	555.38	649.05	579.97	570.88	535.65	633.98	522.60	542.31	513.68	602.24	508.78
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)	1,734.07	2,001.39	1,737.42	1,494.93	1,078.33	1,098.14	805.78	831.90	886.34	1,244.89	1,192.60
Cash Conversion Cycle (CCC)	-1,178.68	-1,352.34	-1,157.45	-924.05	-542.68	-464.17	-283.18	-289.59	-372.66	-642.66	-683.82
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	869	839	957	1,009	1,068	890	947	1,025	1,146	1,191	1,283
Invested Capital Turnover	0.70	0.77	0.69	0.64	0.58	0.60	0.55	0.52	0.47	0.45	0.42
Increase / (Decrease) in Invested Capital	-200	-51	10	-15	-78	-301	-336	-288	-211	-183	-129
Enterprise Value (EV)	1,758	2,310	2,186	2,157	1,877	1,498	1,327	2,223	1,692	1,813	1,346
Market Capitalization	1,631	2,240	1,955	1,861	1,504	1,288	1,033	1,851	1,251	1,413	873
Book Value per Share	$5.19	$5.46	$5.14	$5.09	$4.97	$5.09	$4.76	$4.81	$5.22	$5.93	$6.10
Tangible Book Value per Share	($1.75)	($1.64)	($1.99)	($2.15)	($2.33)	($2.38)	($2.81)	($3.05)	($3.26)	($3.30)	($3.69)
Total Capital	1,298	1,322	1,344	1,336	1,321	1,238	1,257	1,291	1,383	1,518	1,536
Total Debt	557	554	619	623	626	537	605	639	678	726	726
Total Long-Term Debt	349	550	597	599	602	533	602	635	674	723	722
Net Debt	127	71	231	297	373	210	295	372	441	400	472
Capital Expenditures (CapEx)	17	6.40	18	13	9.25	12	6.81	11	7.47	15	13
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-246	-272	-206	-164	-111	-202	-169	-120	-78	-121	-90
Debt-free Net Working Capital (DFNWC)	184	211	182	163	142	124	142	146	158	205	164
Net Working Capital (NWC)	-23	207	160	139	119	121	138	143	155	201	160
Net Nonoperating Expense (NNE)	8.68	-1.76	7.42	-1.83	8.08	1.83	4.99	24	28	16	9.58
Net Nonoperating Obligations (NNO)	127	71	231	297	373	188	295	372	441	400	472
Total Depreciation and Amortization (D&A)	17	17	16	15	15	18	41	91	97	79	48
Debt-free, Cash-free Net Working Capital to Revenue	-36.40%	-40.77%	-31.10%	-25.21%	-17.30%	-32.56%	-27.75%	-19.85%	-13.30%	-21.04%	-15.93%
Debt-free Net Working Capital to Revenue	27.30%	31.55%	27.47%	25.07%	22.28%	20.08%	23.30%	24.26%	26.85%	35.49%	29.11%
Net Working Capital to Revenue	-3.47%	31.01%	24.16%	21.43%	18.59%	19.50%	22.71%	23.66%	26.24%	34.87%	28.47%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.07)	$0.26	$0.04	($0.01)	($0.13)	$0.23	($0.13)	($0.54)	($0.73)	($0.27)	($0.18)
Adjusted Weighted Average Basic Shares Outstanding	141.85M	140.56M	141.27M	140.55M	139.30M	136.62M	137.37M	136.16M	134.67M	132.89M	133.14M
Adjusted Diluted Earnings per Share	($0.07)	$0.26	$0.04	($0.01)	($0.13)	$0.23	($0.13)	($0.54)	($0.73)	($0.27)	($0.18)
Adjusted Weighted Average Diluted Shares Outstanding	141.85M	146.81M	148.70M	140.55M	139.30M	136.62M	137.37M	136.16M	134.67M	132.89M	133.14M
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	141.11M	142.95M	140.69M	141.15M	140.02M	139.93M	137.85M	136.96M	135.57M	135.06M	133.38M
Normalized Net Operating Profit after Tax (NOPAT)	-0.95	35	13	6.70	-9.68	33	-12	-50	-65	-20	-15
Normalized NOPAT Margin	-0.61%	17.86%	7.80%	4.11%	-6.48%	17.51%	-8.32%	-32.95%	-50.04%	-11.39%	-10.16%
Pre Tax Income Margin	-6.73%	21.79%	3.85%	2.18%	-17.12%	17.74%	-12.29%	-48.00%	-76.10%	-22.30%	-17.03%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.43	8.78	1.87	1.52	-0.67	0.00	-4.40	-22.67	0.00	-3.90	-2.54
NOPAT to Interest Expense	-0.13	6.38	1.76	-0.43	-0.63	0.00	-3.65	-16.25	0.00	-2.50	-2.11
EBIT Less CapEx to Interest Expense	-2.78	7.60	-0.66	-0.44	-1.27	0.00	-6.39	-26.25	0.00	-5.80	-4.42
NOPAT Less CapEx to Interest Expense	-2.48	5.20	-0.77	-2.39	-1.23	0.00	-5.65	-19.83	0.00	-4.41	-3.99
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	109.36%	63.96%	52.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-12.02%	-23.18%

Frequently Asked Questions About Magnite's Financials

When does Magnite's financial year end?

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

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

Magnite's net income appears to be on an upward trend, with a most recent value of $22.79 million in 2024, falling from -$18.67 million in 2014. The previous period was -$159.18 million in 2023. See where experts think Magnite is headed by visiting Magnite's forecast page.

What is Magnite's operating income?

Magnite's total operating income in 2024 was $51.09 million, based on the following breakdown:

Total Gross Profit: $409.33 million
Total Operating Expenses: $358.25 million

How has Magnite revenue changed over the last 10 years?

Over the last 10 years, Magnite's total revenue changed from $125.30 million in 2014 to $668.17 million in 2024, a change of 433.3%.

How much debt does Magnite have?

Magnite's total liabilities were at $2.09 billion at the end of 2024, a 5.0% increase from 2023, and a 1,144.0% increase since 2014.

How much cash does Magnite have?

In the past 10 years, Magnite's cash and equivalents has ranged from $76.64 million in 2017 to $483.22 million in 2024, and is currently $483.22 million as of their latest financial filing in 2024.

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

Over the last 10 years, Magnite's book value per share changed from 3.58 in 2014 to 5.46 in 2024, a change of 52.5%.

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This page (NASDAQ:MGNI) was last updated on 6/1/2025 by MarketBeat.com Staff

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Magnite (MGNI) Financials

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Magnite (MGNI) Financials

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