Clarivate Plc Financials
This page shows Clarivate Plc (CLVT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Clarivate Plc has an operating margin of -10.8%, meaning the company retains $-11 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -28.0% the prior year.
Clarivate Plc's revenue declined 2.7% year-over-year, from $2.6B to $2.6B. This contraction results in a growth score of 21/100.
Clarivate Plc carries a low D/E ratio of 0.88, meaning only $0.88 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 79/100, indicating a strong balance sheet with room for future borrowing.
Clarivate Plc's current ratio of 0.87 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 15/100, which could limit financial flexibility.
Clarivate Plc converts 14.0% of revenue into free cash flow ($357.5M). This strong cash generation earns a score of 70/100.
Clarivate Plc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Clarivate Plc generates $-1.02 in operating cash flow ($646.6M OCF vs -$636.7M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Clarivate Plc generated $2.6B in revenue in fiscal year 2024. This represents a decrease of 2.7% from the prior year.
Clarivate Plc's EBITDA was $451.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 1809.8% from the prior year.
Clarivate Plc generated $357.5M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 28.7% from the prior year.
Clarivate Plc reported -$636.7M in net income in fiscal year 2024. This represents an increase of 30.1% from the prior year.
Clarivate Plc earned $-0.96 per diluted share (EPS) in fiscal year 2024. This represents an increase of 34.7% from the prior year.
Clarivate Plc held $295.2M in cash against $4.5B in long-term debt as of fiscal year 2024.
Clarivate Plc had 692M shares outstanding in fiscal year 2024. This represents an increase of 3.8% from the prior year.
Clarivate Plc's gross margin was 66.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.5 percentage points from the prior year.
Clarivate Plc's operating margin was -10.8% in fiscal year 2024, reflecting core business profitability. This is up 17.2 percentage points from the prior year.
Clarivate Plc's net profit margin was -24.9% in fiscal year 2024, showing the share of revenue converted to profit. This is up 9.8 percentage points from the prior year.
Clarivate Plc spent $200.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 100.0% from the prior year.
Clarivate Plc invested $289.1M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 19.2% from the prior year.
CLVT Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $623.1M+0.3% | $621.4M+4.7% | $593.7M-13.2% | $683.7M+5.6% | $647.2M-3.2% | $668.8M+6.3% | $629.1M-6.8% | $675.3M |
| Cost of Revenue | $218.2M+7.2% | $203.6M-1.6% | $207.0M-10.7% | $231.9M+5.1% | $220.6M-1.6% | $224.2M-2.4% | $229.7M-3.1% | $237.0M |
| Gross Profit | $404.9M-3.1% | $417.8M+8.0% | $386.7M-14.4% | $451.8M+5.9% | $426.6M-4.0% | $444.6M+11.3% | $399.4M-8.9% | $438.3M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $170.0M-6.1% | $181.1M+1.5% | $178.4M-0.9% | $180.1M+4.8% | $171.9M-10.9% | $192.9M-1.0% | $194.8M+7.9% | $180.6M |
| Operating Income | $44.0M+537.7% | $6.9M+133.2% | -$20.8M+97.4% | -$788.2M-1003.9% | $87.2M+198.8% | -$88.3M-261.7% | $54.6M-82.9% | $318.5M |
| Interest Expense | N/A | N/A | N/A | $75.2M+4.6% | $71.9M-1.5% | $73.0M-0.8% | $73.6M-4.4% | $77.0M |
| Income Tax | $3.8M-69.1% | $12.3M-34.6% | $18.8M+204.4% | -$18.0M-215.4% | $15.6M+144.2% | -$35.3M+44.5% | -$63.6M+18.3% | -$77.8M |
| Net Income | -$28.3M+60.7% | -$72.0M+30.7% | -$103.9M+87.7% | -$843.9M-6961.0% | $12.3M+110.0% | -$123.1M-383.0% | $43.5M-86.5% | $323.4M |
| EPS (Diluted) | $-0.04+63.6% | $-0.11+26.7% | $-0.15+88.4% | $-1.29-12800.0% | $-0.01+95.2% | $-0.21-625.0% | $0.04-91.3% | $0.46 |
CLVT Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $11.2B-1.7% | $11.4B-0.6% | $11.5B-9.6% | $12.7B-5.3% | $13.4B-2.1% | $13.7B-1.7% | $13.9B0.0% | $13.9B |
| Current Assets | $1.3B-3.7% | $1.3B-1.0% | $1.4B-7.4% | $1.5B+6.4% | $1.4B-3.0% | $1.4B-2.3% | $1.5B+4.0% | $1.4B |
| Cash & Equivalents | $318.7M-12.1% | $362.6M+2.4% | $354.0M-4.5% | $370.7M-7.1% | $398.9M-8.5% | $436.1M+19.7% | $364.2M+2.1% | $356.8M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $810.7M-1.2% | $820.4M-1.2% | $830.5M-8.6% | $908.3M+18.4% | $766.9M-0.4% | $769.7M-8.2% | $838.6M-3.8% | $872.1M |
| Goodwill | $1.6B0.0% | $1.6B0.0% | $1.6B-22.6% | $2.0B-29.4% | $2.9B-1.0% | $2.9B+0.1% | $2.9B+0.5% | $2.9B |
| Total Liabilities | $6.3B-1.6% | $6.4B-0.6% | $6.5B-3.7% | $6.7B-0.3% | $6.7B-0.5% | $6.8B-3.1% | $7.0B-2.1% | $7.1B |
| Current Liabilities | $1.5B+0.7% | $1.5B-4.0% | $1.5B-3.7% | $1.6B+8.9% | $1.5B-2.0% | $1.5B-6.9% | $1.6B+3.2% | $1.6B |
| Long-Term Debt | $4.4B-2.2% | $4.5B-0.1% | $4.5B-4.2% | $4.7B-3.0% | $4.9B+0.1% | $4.9B-0.4% | $4.9B-2.4% | $5.0B |
| Total Equity | $4.9B-1.8% | $5.0B-0.7% | $5.0B-16.1% | $6.0B-10.3% | $6.7B-3.7% | $6.9B-0.3% | $7.0B+2.2% | $6.8B |
| Retained Earnings | -$7.5B-0.4% | -$7.5B-1.0% | -$7.4B-11.6% | -$6.6B-14.9% | -$5.8B-0.1% | -$5.8B-2.5% | -$5.6B+0.4% | -$5.7B |
CLVT Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $181.1M+55.7% | $116.3M-32.1% | $171.2M-10.3% | $190.9M+16.8% | $163.4M+0.6% | $162.4M-28.6% | $227.5M+66.2% | $136.9M |
| Capital Expenditures | $65.6M-0.6% | $66.0M+8.4% | $60.9M-4.7% | $63.9M+3.6% | $61.7M+7.1% | $57.6M-2.9% | $59.3M+27.8% | $46.4M |
| Free Cash Flow | $115.5M+129.6% | $50.3M-54.4% | $110.3M-13.1% | $127.0M+24.9% | $101.7M-3.0% | $104.8M-37.7% | $168.2M+85.9% | $90.5M |
| Investing Cash Flow | -$65.6M+0.6% | -$66.0M-8.4% | -$60.9M+9.1% | -$67.0M-6.5% | -$62.9M-33.5% | -$47.1M+22.0% | -$60.4M-126.5% | $228.1M |
| Financing Cash Flow | -$154.7M-187.0% | -$53.9M+4.8% | -$56.6M+67.5% | -$174.3M-40.1% | -$124.4M-169.3% | -$46.2M+69.5% | -$151.6M+69.2% | -$491.7M |
| Dividends Paid | $0 | $0 | $0-100.0% | $18.8M-1.1% | $19.0M+1.1% | $18.8M-0.5% | $18.9M+0.5% | $18.8M |
| Share Buybacks | $50.0M+1.0% | $49.5M-1.0% | $50.0M | $0-100.0% | $100.0M | $0 | $0 | $0 |
CLVT Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 65.0%-2.3pp | 67.2%+2.1pp | 65.1%-1.0pp | 66.1%+0.2pp | 65.9%-0.6pp | 66.5%+3.0pp | 63.5%-1.4pp | 64.9% |
| Operating Margin | 7.1%+5.9pp | 1.1%+4.6pp | -3.5%+111.8pp | -115.3%-128.8pp | 13.5%+26.7pp | -13.2%-21.9pp | 8.7%-38.5pp | 47.2% |
| Net Margin | -4.5%+7.1pp | -11.6%+5.9pp | -17.5%+105.9pp | -123.4%-125.3pp | 1.9%+20.3pp | -18.4%-25.3pp | 6.9%-41.0pp | 47.9% |
| Return on Equity | N/A | N/A | N/A | N/A | 0.2% | N/A | 0.6%-4.1pp | 4.8% |
| Return on Assets | -0.3%+0.4pp | -0.6%+0.3pp | -0.9%+5.7pp | -6.6%-6.7pp | 0.1%+1.0pp | -0.9%-1.2pp | 0.3%-2.0pp | 2.3% |
| Current Ratio | 0.87-0.0 | 0.91+0.0 | 0.88-0.0 | 0.91-0.0 | 0.94-0.0 | 0.95+0.0 | 0.900.0 | 0.89 |
| Debt-to-Equity | 0.900.0 | 0.900.0 | 0.90+0.1 | 0.79+0.1 | 0.73+0.0 | 0.700.0 | 0.70-0.0 | 0.73 |
| FCF Margin | 18.5%+10.5pp | 8.1%-10.5pp | 18.6%0.0pp | 18.6%+2.9pp | 15.7%+0.0pp | 15.7%-11.1pp | 26.7%+13.3pp | 13.4% |
Note: The current ratio is below 1.0 (0.87), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Clarivate Plc's annual revenue?
Clarivate Plc (CLVT) reported $2.6B in total revenue for fiscal year 2024. This represents a -2.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Clarivate Plc's revenue growing?
Clarivate Plc (CLVT) revenue declined by 2.7% year-over-year, from $2.6B to $2.6B in fiscal year 2024.
Is Clarivate Plc profitable?
No, Clarivate Plc (CLVT) reported a net income of -$636.7M in fiscal year 2024, with a net profit margin of -24.9%.
What is Clarivate Plc's earnings per share (EPS)?
Clarivate Plc (CLVT) reported diluted earnings per share of $-0.96 for fiscal year 2024. This represents a 34.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Clarivate Plc's EBITDA?
Clarivate Plc (CLVT) had EBITDA of $451.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Clarivate Plc have?
As of fiscal year 2024, Clarivate Plc (CLVT) had $295.2M in cash and equivalents against $4.5B in long-term debt.
What is Clarivate Plc's gross margin?
Clarivate Plc (CLVT) had a gross margin of 66.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Clarivate Plc's operating margin?
Clarivate Plc (CLVT) had an operating margin of -10.8% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Clarivate Plc's net profit margin?
Clarivate Plc (CLVT) had a net profit margin of -24.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Clarivate Plc's free cash flow?
Clarivate Plc (CLVT) generated $357.5M in free cash flow during fiscal year 2024. This represents a -28.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Clarivate Plc's operating cash flow?
Clarivate Plc (CLVT) generated $646.6M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Clarivate Plc's total assets?
Clarivate Plc (CLVT) had $11.5B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Clarivate Plc's capital expenditures?
Clarivate Plc (CLVT) invested $289.1M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Clarivate Plc buy back shares?
Yes, Clarivate Plc (CLVT) spent $200.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Clarivate Plc have outstanding?
Clarivate Plc (CLVT) had 692M shares outstanding as of fiscal year 2024.
What is Clarivate Plc's current ratio?
Clarivate Plc (CLVT) had a current ratio of 0.87 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Clarivate Plc's debt-to-equity ratio?
Clarivate Plc (CLVT) had a debt-to-equity ratio of 0.88 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Clarivate Plc's return on assets (ROA)?
Clarivate Plc (CLVT) had a return on assets of -5.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Clarivate Plc's Piotroski F-Score?
Clarivate Plc (CLVT) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Clarivate Plc's earnings high quality?
Clarivate Plc (CLVT) has an earnings quality ratio of -1.02x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Clarivate Plc?
Clarivate Plc (CLVT) scores 37 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.