
LegalZoom.com (LZ) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
183.1M
Gross Profit
116.6M
63.65%
Operating Income
-5.4M
-2.93%
Net Income
5.1M
2.80%
EPS (Diluted)
$0.03
Balance Sheet Metrics
Total Assets
532.7M
Total Liabilities
345.5M
Shareholders Equity
187.2M
Debt to Equity
1.85
Cash Flow Metrics
Operating Cash Flow
70.6M
Free Cash Flow
41.3M
Revenue & Profitability Trend
LegalZoom.com Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 681.9M | 660.7M | 620.0M | 575.1M | 470.6M |
Cost of Goods Sold | 240.1M | 239.3M | 211.1M | 189.4M | 154.6M |
Gross Profit | 441.8M | 421.5M | 408.9M | 385.7M | 316.1M |
Gross Margin % | 64.8% | 63.8% | 66.0% | 67.1% | 67.2% |
Operating Expenses | |||||
Research & Development | 89.6M | 83.2M | 70.4M | 84.0M | 41.9M |
Selling, General & Administrative | 316.6M | 317.2M | 379.9M | 385.9M | 222.4M |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 406.2M | 400.4M | 450.4M | 469.9M | 264.3M |
Operating Income | 35.6M | 21.1M | -41.5M | -84.2M | 51.8M |
Operating Margin % | 5.2% | 3.2% | -6.7% | -14.6% | 11.0% |
Non-Operating Items | |||||
Interest Income | 7.8M | 9.3M | 1.8M | 61.0K | - |
Interest Expense | 446.0K | 493.0K | 260.0K | 28.0M | 35.5M |
Other Non-Operating Income | 98.0K | 1.6M | -7.7M | -7.5M | -4.0M |
Pre-tax Income | 43.1M | 31.5M | -47.7M | -119.6M | 12.3M |
Income Tax | 13.1M | 17.5M | 1.1M | -11.0M | 2.4M |
Effective Tax Rate % | 30.5% | 55.7% | 0.0% | 0.0% | 19.7% |
Net Income | 30.0M | 14.0M | -48.7M | -108.7M | 9.9M |
Net Margin % | 4.4% | 2.1% | -7.9% | -18.9% | 2.1% |
Key Metrics | |||||
EBITDA | 80.6M | 60.1M | -20.4M | -66.2M | 79.6M |
EPS (Basic) | $0.17 | $0.07 | $-0.25 | $-0.67 | $0.06 |
EPS (Diluted) | $0.16 | $0.07 | $-0.25 | $-0.67 | $0.06 |
Basic Shares Outstanding | 180210000 | 190466000 | 195829000 | 161424000 | 125245000 |
Diluted Shares Outstanding | 180210000 | 190466000 | 195829000 | 161424000 | 125245000 |
Income Statement Trend
LegalZoom.com Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 142.1M | 225.7M | 189.1M | 239.3M | 114.5M |
Short-term Investments | - | - | - | - | - |
Accounts Receivable | 8.5M | 11.7M | 13.2M | 10.6M | 8.6M |
Inventory | - | - | - | - | - |
Other Current Assets | 3.4M | 3.0M | 3.4M | 3.0M | 676.0K |
Total Current Assets | 191.2M | 275.3M | 241.7M | 266.5M | 133.6M |
Non-Current Assets | |||||
Property, Plant & Equipment | 7.2M | 8.5M | 11.1M | 0 | 0 |
Goodwill | 135.3M | 140.4M | 145.4M | 135.9M | 23.6M |
Intangible Assets | 8.7M | 13.7M | 18.9M | 16.0M | 815.0K |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 42.3M | 37.5M | 38.6M | 40.4M | 53.9M |
Total Non-Current Assets | 182.7M | 172.5M | 163.7M | 164.5M | 118.5M |
Total Assets | 373.9M | 447.8M | 405.4M | 431.0M | 252.1M |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 31.2M | 32.3M | 25.3M | 31.8M | 28.7M |
Short-term Debt | 1.9M | 2.1M | 2.3M | - | 3.0M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | 2.8M | 3.6M | 4.7M | 2.8M | 7.4M |
Total Current Liabilities | 265.6M | 264.0M | 249.2M | 229.0M | 199.9M |
Non-Current Liabilities | |||||
Long-term Debt | 6.0M | 7.0M | 9.0M | 0 | 512.4M |
Deferred Tax Liabilities | - | - | - | - | - |
Other Non-Current Liabilities | 8.6M | 7.6M | 4.0M | 2.9M | 16.6M |
Total Non-Current Liabilities | 15.0M | 15.0M | 13.8M | 4.5M | 602.8M |
Total Liabilities | 280.6M | 279.0M | 263.0M | 233.5M | 802.7M |
Equity | |||||
Common Stock | 175.0K | 189.0K | 190.0K | 198.0K | 126.0K |
Retained Earnings | -1.1B | -933.1M | -891.9M | -748.0M | -639.3M |
Treasury Stock | - | - | - | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 93.3M | 168.8M | 142.4M | 197.6M | -550.6M |
Key Metrics | |||||
Total Debt | 7.9M | 9.0M | 11.3M | 0 | 515.4M |
Working Capital | -74.4M | 11.4M | -7.5M | 37.6M | -66.4M |
Balance Sheet Composition
LegalZoom.com Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 30.0M | 14.0M | -48.7M | -108.7M | 9.9M |
Depreciation & Amortization | 37.1M | 28.1M | 23.8M | 16.7M | 20.1M |
Stock-Based Compensation | 71.5M | 66.0M | 80.5M | 112.6M | 12.9M |
Working Capital Changes | 7.8M | 7.9M | 6.0M | 15.1M | 37.7M |
Operating Cash Flow | 142.0M | 120.0M | 61.0M | 25.5M | 84.6M |
Investing Activities | |||||
Capital Expenditures | -35.7M | -31.6M | -22.1M | -11.7M | -10.6M |
Acquisitions | 0 | 0 | -2.5M | -61.5M | -2.1M |
Investment Purchases | - | 0 | 0 | -1.1M | 0 |
Investment Sales | - | - | - | - | - |
Investing Cash Flow | -35.7M | -31.6M | -30.6M | -77.7M | -12.7M |
Financing Activities | |||||
Share Repurchases | -165.0M | -54.9M | -95.1M | 0 | -8.4M |
Dividends Paid | - | 0 | 0 | -112.0K | -284.0K |
Debt Issuance | - | - | - | - | - |
Debt Repayment | -25.0K | -35.0K | -14.0K | -524.3M | -45.4M |
Financing Cash Flow | -185.7M | -64.6M | -95.8M | 121.5M | -55.5M |
Free Cash Flow | 99.9M | 92.7M | 51.7M | 42.4M | 82.5M |
Net Change in Cash | -79.4M | 23.9M | -65.4M | 69.4M | 16.4M |
Cash Flow Trend
LegalZoom.com Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
67.06
Forward P/E
18.82
Price to Book
9.95
Price to Sales
2.74
PEG Ratio
-0.67
Profitability Ratios
Profit Margin
4.07%
Operating Margin
-1.57%
Return on Equity
22.58%
Return on Assets
3.96%
Financial Health
Current Ratio
0.78
Debt to Equity
7.41
Beta
1.24
Per Share Data
EPS (TTM)
$0.16
Book Value per Share
$1.08
Revenue per Share
$4.00
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
lz | 1.9B | 67.06 | 9.95 | 22.58% | 4.07% | 7.41 |
Cintas | 86.4B | 48.81 | 18.43 | 40.27% | 17.53% | 56.67 |
Copart | 45.5B | 31.18 | 5.18 | 18.44% | 32.21% | 1.15 |
Acuren | 2.0B | 44.48 | 1.03 | -18.02% | -12.62% | 68.97 |
Cimpress plc | 1.4B | 101.57 | - | -2.65% | 0.44% | -3.03 |
Brightview Holdings | 1.4B | 122.00 | 1.09 | 3.03% | 2.00% | 48.82 |
Financial data is updated regularly. All figures are in the company's reporting currency.