What is Mediaalpha Inc's earnings per share (EPS)?

Mediaalpha Inc (MAX) reported diluted earnings per share of $0.39 for fiscal year 2025. This represents a 25.8% 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.

Mediaalpha Inc Financials

MAX

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Mediaalpha Inc (MAX) 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).

Rhea AI MAX FY2025 2026-04-29

Cash generation is outrunning reported profit because this low-capex, working-capital-sensitive model turns collections into usable cash.

Between FY2024 and FY2025, operating cash flow climbed from $45.9M to $65.6M. At the same time, operating margin compressed from 4.9% to 2.0%, so the extra cash came more from faster collections than from better unit economics, with receivables falling even as sales rose.

Capital intensity is minimal: FY2025 free cash flow of $65.3M was almost identical to operating cash flow of $65.6M, so the business does not need much reinvestment to keep running. That makes cash conversion the key operating tell here, because collections can become deployable cash with very little capex drag.

Scale is not automatically lifting profitability; revenue reached $1.11B in FY2025, but gross margin slipped to 15.1% and SG&A absorbed more of the incremental volume. Even so, internally generated cash still supported both balance-sheet cleanup and shareholder returns, with long-term debt reduced to $131.6M while buybacks consumed $47.3M.

Financial Health Signals

Financial Health Score 43/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Mediaalpha Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Mediaalpha Inc has an operating margin of 2.0%, meaning the company retains $2 of operating profit per $100 of revenue. This results in a moderate score of 31/100, indicating healthy but not exceptional operating efficiency. This is down from 4.9% the prior year.

Growth

Mediaalpha Inc's revenue surged 28.8% year-over-year to $1.1B, reflecting rapid business expansion. This strong growth earns a score of 96/100.

Leverage

Mediaalpha Inc has elevated debt relative to equity (D/E of 31.64), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 18/100, reflecting increased financial risk.

Liquidity

Mediaalpha Inc's current ratio of 1.18 is below the typical benchmark, resulting in a score of 28/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Mediaalpha Inc has a free cash flow margin of 5.9%, earning a moderate score of 50/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Mediaalpha Inc's ROE of 615.9% shows moderate profitability relative to equity, earning a score of 36/100. This is down from 699.3% the prior year.

Altman Z-Score Grey Zone

2.48

Mediaalpha Inc scores 2.48, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

5/8

Mediaalpha Inc passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

2.56x

For every $1 of reported earnings, Mediaalpha Inc generates $2.56 in operating cash flow ($65.6M OCF vs $25.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

2.1x

Mediaalpha Inc earns $2.1 in operating income for every $1 of interest expense ($22.1M vs $10.4M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.1B

YoY+28.8%

5Y CAGR+13.7%

Mediaalpha Inc generated $1.1B in revenue in fiscal year 2025. This represents an increase of 28.8% from the prior year.

EBITDA

$25.4M

YoY-48.6%

5Y CAGR+5.0%

Mediaalpha Inc's EBITDA was $25.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 48.6% from the prior year.

Net Income

$25.6M

YoY+54.1%

Mediaalpha Inc reported $25.6M in net income in fiscal year 2025. This represents an increase of 54.1% from the prior year.

EPS (Diluted)

$0.39

YoY+25.8%

Mediaalpha Inc earned $0.39 per diluted share (EPS) in fiscal year 2025. This represents an increase of 25.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$65.3M

YoY+43.1%

5Y CAGR+5.0%

Mediaalpha Inc generated $65.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 43.1% from the prior year.

Cash & Debt

$46.9M

YoY+8.3%

5Y CAGR+14.8%

Mediaalpha Inc held $46.9M in cash against $131.6M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

15.0%

YoY-1.6pp

5Y CAGR+0.5pp

Mediaalpha Inc's gross margin was 15.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.6 percentage points from the prior year.

Operating Margin

2.0%

YoY-2.9pp

5Y CAGR-1.3pp

Mediaalpha Inc's operating margin was 2.0% in fiscal year 2025, reflecting core business profitability. This is down 2.9 percentage points from the prior year.

Net Margin

2.3%

YoY+0.4pp

5Y CAGR+3.0pp

Mediaalpha Inc's net profit margin was 2.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.4 percentage points from the prior year.

Return on Equity

615.9%

YoY-83.3pp

Mediaalpha Inc's ROE was 615.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 83.3 percentage points from the prior year.

Capital Allocation

R&D Spending

$21.4M

YoY+8.3%

5Y CAGR+11.4%

Mediaalpha Inc invested $21.4M in research and development in fiscal year 2025. This represents an increase of 8.3% from the prior year.

Share Buybacks

$47.3M

Mediaalpha Inc spent $47.3M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

$340K

YoY+33.9%

5Y CAGR+2.8%

Mediaalpha Inc invested $340K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 33.9% from the prior year.

MAX Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$1.1B+28.8%	$864.7M+122.8%	$388.1M-15.4%	$459.1M-28.9%	$645.3M+10.3%	$584.8M
Cost of Revenue	$946.1M+31.2%	$721.1M+124.3%	$321.4M-17.4%	$389.0M-28.5%	$543.8M+8.9%	$499.4M
Gross Profit	$167.5M+16.7%	$143.6M+115.2%	$66.7M-4.8%	$70.1M-31.0%	$101.5M+18.9%	$85.4M
R&D Expenses	$21.4M+8.3%	$19.8M+7.1%	$18.5M-12.4%	$21.1M+38.7%	$15.2M+22.1%	$12.4M
SG&A Expenses	$89.6M+58.9%	$56.4M-10.2%	$62.7M+12.9%	$55.6M-9.5%	$61.4M+86.4%	$32.9M
Operating Income	$22.1M-48.2%	$42.7M+207.0%	-$39.9M-12.8%	-$35.4M-1746.8%	$2.1M-89.0%	$19.5M
Interest Expense	$10.4M-21.8%	$13.3M-13.2%	$15.3M+65.7%	$9.2M+18.1%	$7.8M-1.4%	$7.9M
Income Tax	-$137.8M-10058.2%	$1.4M+398.9%	-$463K-100.4%	$102.9M+9928.6%	-$1.0M+17.4%	-$1.3M
Net Income	$25.6M+54.1%	$16.6M+141.1%	-$40.4M+29.9%	-$57.7M-993.2%	-$5.3M-20.8%	-$4.4M
EPS (Diluted)	$0.39+25.8%	$0.31+134.8%	$-0.89+35.0%	$-1.37-621.1%	$-0.19-35.7%	$-0.14

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$310.0M+6.5%	$291.2M-5.0%	$306.5M+21.8%	$251.6M-4.8%	$264.3M-12.1%	$300.6M+16.0%	$259.1M+45.4%	$178.3M
Cost of Revenue	$263.3M+6.9%	$246.3M-6.4%	$263.1M+23.0%	$213.9M-3.9%	$222.7M-11.5%	$251.7M+14.4%	$219.9M+50.0%	$146.6M
Gross Profit	$46.7M+4.2%	$44.8M+3.2%	$43.4M+15.2%	$37.7M-9.5%	$41.6M-15.0%	$49.0M+24.9%	$39.2M+23.8%	$31.7M
R&D Expenses	$5.5M+2.4%	$5.3M-8.6%	$5.8M+8.9%	$5.4M+9.6%	$4.9M-2.7%	$5.0M-5.8%	$5.3M+5.5%	$5.1M
SG&A Expenses	$13.5M+11.1%	$12.2M-3.4%	$12.6M-73.2%	$47.1M+168.0%	$17.6M-10.2%	$19.6M+66.1%	$11.8M-14.7%	$13.8M
Operating Income	$22.4M+0.3%	$22.3M+13.1%	$19.7M+198.5%	-$20.0M-17377.6%	$116K-99.4%	$18.3M+16.9%	$15.6M+140.4%	$6.5M
Interest Expense	$2.2M-12.0%	$2.5M-3.8%	$2.6M0.0%	$2.6M-3.7%	$2.7M-5.4%	$2.9M-13.5%	$3.3M0.0%	$3.3M
Income Tax	$6.5M+104.7%	-$138.1M-255920.4%	$54K-82.9%	$316K+744.9%	-$49K-105.4%	$915K+193.3%	$312K+140.0%	$130K
Net Income	$11.5M-63.5%	$31.4M+110.7%	$14.9M+179.5%	-$18.7M-862.1%	-$1.9M-142.0%	$4.6M-51.1%	$9.5M+161.9%	$3.6M
EPS (Diluted)	$0.21	N/A	$0.26+178.8%	$-0.33-725.0%	$-0.04	N/A	$0.17+142.9%	$0.07

MAX Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$383.8M+46.3%	$262.4M+70.5%	$153.9M-9.5%	$170.1M-41.3%	$289.8M+37.8%	$210.3M
Current Assets	$174.4M-8.2%	$189.9M+154.7%	$74.6M-7.3%	$80.4M-41.3%	$137.1M+7.3%	$127.8M
Cash & Equivalents	$46.9M+8.3%	$43.3M+150.5%	$17.3M+18.8%	$14.5M-71.2%	$50.6M+114.7%	$23.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$123.0M-13.9%	$142.9M+165.8%	$53.8M-10.4%	$60.0M-21.2%	$76.1M-21.0%	$96.3M
Goodwill	$47.7M0.0%	$47.7M0.0%	$47.7M0.0%	$47.7M+159.4%	$18.4M0.0%	$18.4M
Total Liabilities	$413.0M+33.8%	$308.7M+88.0%	$164.2M-11.7%	$186.1M-47.0%	$351.4M+43.9%	$244.1M
Current Liabilities	$147.6M+11.1%	$133.0M+66.8%	$79.7M+3.7%	$76.9M-8.7%	$84.2M-21.6%	$107.5M
Long-Term Debt	$131.6M-14.3%	$153.6M-5.4%	$162.4M-6.8%	$174.3M-2.1%	$178.1M-2.5%	$182.7M
Total Equity	$4.2M+74.9%	$2.4M+123.1%	-$10.3M+35.6%	-$16.0M-268.8%	-$4.3M+87.2%	-$33.8M
Retained Earnings	-$480.3M+5.1%	-$505.9M+3.2%	-$522.6M-8.4%	-$482.1M-13.6%	-$424.5M-1.3%	-$419.0M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$367.7M-4.2%	$383.8M+44.2%	$266.2M+6.7%	$249.4M+3.9%	$240.0M-8.6%	$262.4M+11.2%	$236.1M+19.1%	$198.2M
Current Assets	$165.2M-5.3%	$174.4M-15.2%	$205.7M+6.9%	$192.5M+5.5%	$182.5M-3.9%	$189.9M+17.2%	$162.1M+32.1%	$122.7M
Cash & Equivalents	$26.1M-44.4%	$46.9M+20.7%	$38.8M-54.5%	$85.4M+34.3%	$63.6M+46.9%	$43.3M+33.9%	$32.3M+12.7%	$28.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$133.8M+8.8%	$123.0M-4.8%	$129.2M+25.7%	$102.8M-10.5%	$114.8M-19.6%	$142.9M+12.7%	$126.8M+39.8%	$90.7M
Goodwill	$47.7M0.0%	$47.7M0.0%	$47.7M0.0%	$47.7M0.0%	$47.7M0.0%	$47.7M0.0%	$47.7M0.0%	$47.7M
Total Liabilities	$396.8M-3.9%	$413.0M+24.4%	$332.0M+8.4%	$306.4M+9.0%	$281.2M-8.9%	$308.7M+4.4%	$295.7M+32.8%	$222.6M
Current Liabilities	$113.2M-23.4%	$147.6M-22.2%	$189.7M+27.6%	$148.7M+35.9%	$109.4M-17.7%	$133.0M+0.3%	$132.6M+19.2%	$111.2M
Long-Term Debt	$156.3M+18.8%	$131.6M-1.6%	$133.7M-10.4%	$149.2M-1.5%	$151.4M-1.4%	$153.6M-1.4%	$155.8M-1.4%	$158.0M
Total Equity	$1.9M-53.9%	$4.2M+114.0%	-$29.8M-688.4%	-$3.8M-147.7%	$7.9M+233.0%	$2.4M+128.4%	-$8.4M+65.7%	-$24.4M
Retained Earnings	-$468.8M+2.4%	-$480.3M+6.1%	-$511.7M+2.8%	-$526.6M-3.7%	-$507.9M-0.4%	-$505.9M+0.9%	-$510.6M+1.8%	-$520.1M

MAX Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$65.6M+43.0%	$45.9M+126.7%	$20.2M-28.4%	$28.3M-1.2%	$28.6M-44.3%	$51.4M
Capital Expenditures	$340K+33.9%	$254K+247.9%	$73K-25.5%	$98K-84.9%	$650K+119.6%	$296K
Free Cash Flow	$65.3M+43.1%	$45.6M+126.3%	$20.2M-28.5%	$28.2M+0.7%	$28.0M-45.3%	$51.1M
Investing Cash Flow	-$340K+48.0%	-$654K-795.9%	-$73K+99.9%	-$49.8M-7557.7%	-$650K+93.7%	-$10.3M
Financing Cash Flow	-$61.6M-220.7%	-$19.2M-10.3%	-$17.4M-20.0%	-$14.5M-1411.0%	-$961K+96.5%	-$27.6M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$47.3M	$0	$0-100.0%	$5.0M	$0	$0

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$1.6M+79.1%	-$7.4M-131.5%	$23.6M-8.2%	$25.7M+8.5%	$23.7M+63.1%	$14.5M+80.4%	$8.1M-62.7%	$21.6M
Capital Expenditures	$42K+5.0%	$40K-41.2%	$68K-61.1%	$175K+207.0%	$57K+21.3%	$47K+9.3%	$43K-66.9%	$130K
Free Cash Flow	-$1.6M+78.7%	-$7.5M-131.8%	$23.6M-7.8%	$25.5M+8.0%	$23.6M+63.3%	$14.5M+80.7%	$8.0M-62.7%	$21.5M
Investing Cash Flow	-$42K-5.0%	-$40K+41.2%	-$68K+61.1%	-$175K-207.0%	-$57K-21.3%	-$47K+89.4%	-$443K-240.8%	-$130K
Financing Cash Flow	-$19.2M-7.0%	-$18.0M+50.9%	-$36.6M-881.9%	-$3.7M-11.3%	-$3.3M+4.9%	-$3.5M+11.3%	-$4.0M+45.6%	-$7.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$20.3M+41.0%	$14.4M	N/A	N/A	$0	$0	N/A	N/A

MAX Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	15.0%-1.6pp	16.6%-0.6pp	17.2%+1.9pp	15.3%-0.5pp	15.7%+1.1pp	14.6%
Operating Margin	2.0%-2.9pp	4.9%+15.2pp	-10.3%-2.6pp	-7.7%-8.0pp	0.3%-3.0pp	3.3%
Net Margin	2.3%+0.4pp	1.9%+12.3pp	-10.4%+2.1pp	-12.6%-11.7pp	-0.8%-0.1pp	-0.8%
Return on Equity	615.9%-83.3pp	699.3%	N/A	N/A	N/A	N/A
Return on Assets	6.7%+0.3pp	6.3%+32.6pp	-26.3%+7.7pp	-33.9%-32.1pp	-1.8%+0.3pp	-2.1%
Current Ratio	1.18-0.2	1.43+0.5	0.94-0.1	1.05-0.6	1.63+0.4	1.19
Debt-to-Equity	31.64-33.0	64.59+80.4	-15.78-4.9	-10.90+30.2	-41.06-35.6	-5.41
FCF Margin	5.9%+0.6pp	5.3%+0.1pp	5.2%-1.0pp	6.1%+1.8pp	4.3%-4.4pp	8.7%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	15.1%-0.3pp	15.4%+1.2pp	14.2%-0.8pp	15.0%-0.8pp	15.8%-0.5pp	16.3%+1.1pp	15.1%-2.6pp	17.8%
Operating Margin	7.2%-0.4pp	7.7%+1.2pp	6.4%+14.4pp	-8.0%-8.0pp	0.0%-6.0pp	6.1%+0.1pp	6.0%+2.4pp	3.6%
Net Margin	3.7%-7.1pp	10.8%+5.9pp	4.9%+12.3pp	-7.4%-6.7pp	-0.7%-2.3pp	1.5%-2.1pp	3.7%+1.6pp	2.0%
Return on Equity	598.2%-156.8pp	755.0%	N/A	N/A	-24.6%-219.7pp	195.1%	N/A	N/A
Return on Assets	3.1%-5.1pp	8.2%+2.6pp	5.6%+13.1pp	-7.5%-6.7pp	-0.8%-2.6pp	1.8%-2.3pp	4.0%+2.2pp	1.8%
Current Ratio	1.46+0.3	1.18+0.1	1.08-0.2	1.29-0.4	1.67+0.2	1.43+0.2	1.22+0.1	1.10
Debt-to-Equity	81.55+49.9	31.64+36.1	-4.49+35.0	-39.52-58.6	19.12-45.5	64.59+83.2	-18.63-12.2	-6.48
FCF Margin	-0.5%+2.1pp	-2.6%-10.3pp	7.7%-2.5pp	10.2%+1.2pp	8.9%+4.1pp	4.8%+1.7pp	3.1%-9.0pp	12.0%

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Frequently Asked Questions

What is Mediaalpha Inc's annual revenue?

Mediaalpha Inc (MAX) reported $1.1B in total revenue for fiscal year 2025. This represents a 28.8% 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 Mediaalpha Inc's revenue growing?

Mediaalpha Inc (MAX) revenue grew by 28.8% year-over-year, from $864.7M to $1.1B in fiscal year 2025.

Is Mediaalpha Inc profitable?

Yes, Mediaalpha Inc (MAX) reported a net income of $25.6M in fiscal year 2025, with a net profit margin of 2.3%.

What is Mediaalpha Inc's EBITDA?

Mediaalpha Inc (MAX) had EBITDA of $25.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Mediaalpha Inc have?

As of fiscal year 2025, Mediaalpha Inc (MAX) had $46.9M in cash and equivalents against $131.6M in long-term debt.

What is Mediaalpha Inc's gross margin?

Mediaalpha Inc (MAX) had a gross margin of 15.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Mediaalpha Inc's operating margin?

Mediaalpha Inc (MAX) had an operating margin of 2.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Mediaalpha Inc's net profit margin?

Mediaalpha Inc (MAX) had a net profit margin of 2.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Mediaalpha Inc's return on equity (ROE)?

Mediaalpha Inc (MAX) has a return on equity of 615.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Mediaalpha Inc's free cash flow?

Mediaalpha Inc (MAX) generated $65.3M in free cash flow during fiscal year 2025. This represents a 43.1% 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 Mediaalpha Inc's operating cash flow?

Mediaalpha Inc (MAX) generated $65.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Mediaalpha Inc's total assets?

Mediaalpha Inc (MAX) had $383.8M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Mediaalpha Inc's capital expenditures?

Mediaalpha Inc (MAX) invested $340K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Mediaalpha Inc spend on research and development?

Mediaalpha Inc (MAX) invested $21.4M in research and development during fiscal year 2025.

Does Mediaalpha Inc buy back shares?

Yes, Mediaalpha Inc (MAX) spent $47.3M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is Mediaalpha Inc's current ratio?

Mediaalpha Inc (MAX) had a current ratio of 1.18 as of fiscal year 2025, which is considered adequate.

What is Mediaalpha Inc's debt-to-equity ratio?

Mediaalpha Inc (MAX) had a debt-to-equity ratio of 31.64 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Mediaalpha Inc's return on assets (ROA)?

Mediaalpha Inc (MAX) had a return on assets of 6.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Mediaalpha Inc's Altman Z-Score?

Mediaalpha Inc (MAX) has an Altman Z-Score of 2.48, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Mediaalpha Inc's Piotroski F-Score?

Mediaalpha Inc (MAX) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Mediaalpha Inc's earnings high quality?

Mediaalpha Inc (MAX) has an earnings quality ratio of 2.56x, considered cash-backed (high 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.

Can Mediaalpha Inc cover its interest payments?

Mediaalpha Inc (MAX) has an interest coverage ratio of 2.1x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Mediaalpha Inc?

Mediaalpha Inc (MAX) scores 43 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.