Activision Blizzard, Inc. engages in the development and publication of interactive entertainment. It operates through the following segments: Activision Publishing, Blizzard Entertainment, and King Digital Entertainment. The Activision Publishing segment develops and publishes interactive software products and entertainment content, particularly for the console platform. The Blizzard Entertainment segment develops and publishes interactive software products and entertainment content, particularly for the PC platform. The King Digital Entertainment segment develops and publishes interactive entertainment content and services, particularly on mobile platforms, such as Google's Android and Apple's iOS. The company was founded in 1979 and is headquartered in Santa Monica, CA.
Highlights
Activision Blizzard's net income has increased by 16% QoQ and by 5% YoY
The company's EPS rose by 16% QoQ and by 4.9% YoY
ATVI's P/E is 33% lower than its 5-year quarterly average of 51.5 but 19% higher than its last 4 quarters average of 29.0
The quick ratio has declined by 12% year-on-year but it has grown by 7% since the previous quarter
Key stats
What are the main financial stats of ATVI
Market
Shares outstanding
771.87M
Market cap
$62.75B
Enterprise value
$59.08B
Valuations
Price to earnings (P/E)
34.44
Price to book (P/B)
4.58
Price to sales (P/S)
8.97
EV/EBIT
28.65
EV/EBITDA
24.7
EV/Sales
8.45
Earnings
Revenue
$6.99B
EBIT
$2.06B
EBITDA
$2.39B
Free cash flow
$2.04B
Per share
EPS
$2.36
Free cash flow per share
$2.65
Book value per share
$17.76
Revenue per share
$9.06
TBVPS
$12.33
Balance sheet
Total assets
$20.22B
Total liabilities
$6.54B
Debt
$2.68B
Equity
$13.68B
Working capital
$5.16B
Liquidity
Debt to equity
0.2
Current ratio
3.02
Quick ratio
2.72
Net debt/EBITDA
-1.53
Margins
EBITDA margin
34.2%
Gross margin
70.3%
Net margin
26%
Operating margin
29.5%
Efficiency
Return on assets
9.4%
Return on equity
14%
Return on invested capital
65%
Return on capital employed
11.7%
Return on sales
29.5%
Dividend
Dividend yield
0.5%
DPS
$0.41
Payout ratio
17.4%
ATVI stock price
How has the Activision Blizzard stock price performed over time
Financial performance
How have Activision Blizzard's revenue and profit performed over time
Revenue
$6.99B
Gross profit
$4.92B
Operating income
$2.06B
Net income
$1.81B
Gross margin
70.3%
Net margin
26%
The operating income has grown by 25% from the previous quarter and by 11% YoY
Activision Blizzard's net income has increased by 16% QoQ and by 5% YoY
The operating margin has increased by 15% since the previous quarter and by 13% year-on-year
Activision Blizzard's gross profit has increased by 11% QoQ and by 3% YoY
Valuation
What is Activision Blizzard stock price valuation
P/E
34.44
P/B
4.58
P/S
8.97
EV/EBIT
28.65
EV/EBITDA
24.7
EV/Sales
8.45
ATVI's P/E is 33% lower than its 5-year quarterly average of 51.5 but 19% higher than its last 4 quarters average of 29.0
The company's EPS rose by 16% QoQ and by 4.9% YoY
ATVI's P/B is 24% above its last 4 quarters average of 3.7 and 17% above its 5-year quarterly average of 3.9
ATVI's equity is up by 14% YoY and by 5% from the previous quarter
The P/S is 45% above the 5-year quarterly average of 6.2 and 26% above the last 4 quarters average of 7.1
Activision Blizzard's revenue has increased by 8% from the previous quarter
Efficiency
How efficient is Activision Blizzard business performance
The ROIC has increased by 25% QoQ and by 3.7% YoY
The company's return on sales rose by 15% QoQ and by 15% YoY
The ROE has grown by 12% from the previous quarter but it has contracted by 7% YoY
The ROA has grown by 12% from the previous quarter but it has contracted by 4.1% YoY
Dividends
What is ATVI's dividend history
DPS
$0.41
Dividend yield
0.5%
Payout ratio
17.4%
Recent dividends
Financial health
How did Activision Blizzard financials performed over time
Activision Blizzard's total assets has increased by 16% YoY and by 3.1% QoQ
ATVI's current ratio is down by 13% year-on-year but it is up by 9% since the previous quarter
The debt is 80% smaller than the equity
ATVI's equity is up by 14% YoY and by 5% from the previous quarter
ATVI's debt to equity is down by 9% year-on-year and by 4.8% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.