Meredith Corporation

MDPNYSECommunication Services

$59.07

+$0.07(+0.12%)

Market Cap$2.7B

P/E Ratio—

52W High$59.16

52W Low$18.0

Avg Volume1.0M

Open$59.10

Beta0.00

Free Cash Flow Financials Revenue

Meredith Corporation (MDP) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MDP · free cash flow · updated Jun 9, 2026

Core FCF metrics

MDP · FCF · TTM · margin & CAGR

Free cash flow was $363.4M for FY2021 (fiscal year ending 2021-06-30), up 44.7% year-over-year The FCF margin was 12.2%. Five-year CAGR stands at +12.5%.

FY2021 Free Cash Flow$363.4M▲ +44.7% YoY

Trailing 12M (TTM)$328.3Mtrailing 4 quarters sum

FCF Margin12.2%$363.4M ÷ revenue

3-Year CAGR+54.7%FY2018 → FY2021

5-Year CAGR+12.5%FY2016 → FY2021

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MDP · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2021Latest$398.6M(35M)$363.4M▲ +44.7%12.2%

FY2020$306.6M(55M)$251.2M▲ +26.3%8.8%

FY2019$245.3M(46M)$198.9M▲ +102.5%6.2%

FY2018$151.4M(53M)$98.2M▼ 46.8%4.4%

FY2017$219.3M(35M)$184.6M▼ 8.4%10.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MDP · P/FCF · FCF yield · FCF per share

Meredith Corporation (MDP) trades at a FCF yield of 13.43% and a price-to-free-cash-flow ratio of 16.5x. FCF per share stands at $3.59, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

13.43%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$3.59

TTM FCF ÷ Shares Outstanding

Price / FCF

x16.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x15.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2021 · 2021-06-30

Cash flow statement summary

MDP · cash flow statement · operating / investing / financing

For FY2021, Meredith Corporation generated $398.6M in operating cash flow and spent 35M in capital expenditures, yielding $363.4M in free cash flow.

Operating Activities

+$398.6M

Cash from core business operations

2021-06-30

Investing Activities

+$39.5M

CapEx, acquisitions & investments

2021-06-30

Financing Activities

−$330.8M

Buybacks, dividends & debt

2021-06-30

FCF FormulaOperating CF ($398.6M) − |CapEx| (35M) = FCF ($363.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Communication Services)

MDP vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Meredith CorporationYOU

MDP

$363.4M+44.7%12.2%

About Free Cash Flow & Methodology

Meredith Corporation (MDP) reported free cash flow of $363.4M for FY2021 (fiscal year ending 2021-06-30), up 44.7% year-over-year. The FCF margin was 12.2%.

Based on available data, Meredith Corporation has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $363.4M in FY2021. The 5-year CAGR stands at +12.5%.

Meredith Corporation's FCF yield is 13.43% and price-to-FCF ratio is 16.5x for FY2021, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MDP free cash flow · 8 questions

Meredith Corporation free cash flow was $363.4M for FY2021, up 44.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $328.3M.

MDP free cash flowMDP FCFMDP FCF 2021MDP free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Meredith Corporation · Meredith Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026