Buzzfeed, Inc. key statistics and ratios
In fiscal 2025, Buzzfeed, Inc. had return on equity of -74.9% and a net margin of -31.2%. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.
Financial ratios
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Net margin | −11.7% | 3.2% | 6.4% | −61.7% | −38.4% | −5.3% | −31.2% | −35.8% |
| Return on equity | — | — | 87.1% | −71.5% | −59.0% | −9.5% | −74.9% | −122.3% |
| Return on assets | — | 3.7% | 5.4% | −34.4% | −18.8% | −3.2% | −28.2% | −36.1% |
| Effective tax rate | — | 7.8% | — | — | — | — | — | — |
| R&D as % of revenue | 6.6% | 5.5% | 6.4% | 8.3% | 4.9% | 5.7% | 5.8% | 5.8% |
Financial health
- Short-term assets cover short-term liabilities $63m of assets due within a year against $62m of liabilities due within a year.
- Short-term assets cover long-term liabilities $63m short-term assets against $37m of longer-dated liabilities.
- More cash than debt $16m of cash against $35m of debt.
- Debt below 40% of shareholders' equity Debt is 68% of equity.
- Debt burden no higher than five years ago Debt to equity moved from 38% to 68% over five years.
- A year's operating cash flow covers at least 20% of debt −$15m of operating cash flow against $35m of debt.
- Operating profit covers interest at least five times over Operating income of −$54m against $6m of interest.
Moat
Weak moat
How hard Buzzfeed's competitive advantage looks for rivals to wear away, judged from 5 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
- Returns on capital 0 / 20
Net income has been a median -24.9% of total assets over 5 years.
- Durability 10 / 20
Operating margin has been a median -17.2%; its worst year was -39.0%.
- Cash conversion 0 / 20
Free cash flow was positive in 0 of 5 years, at a median -6.1% of revenue.
AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (17 before it).
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