MDP on NYSE

Meredith Corporation

American media company (1902–2021)

Meredith Corporation was an American media conglomerate based in Des Moines, Iowa, that owned newspapers, magazines, television stations, and websites. Its publications had a readership of more than 120 million and paid circulation of more than 40 million, its websites had nearly 135 million monthly unique visitors and its broadcast television stations reached 11% of U.S. households.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

$3.0BRevenue, fiscal 20214
$306.6MNet income, fiscal 20214
1902Founded1

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  • TickerMDP on NYSE1
  • Industrymedia company1
  • HeadquartersDes Moines1
  • Incorporated inIA5
  • Business address1716 Locust St, Des Moines, Ia 503095
  • Filer categoryLarge accelerated filer5

Meredith Corporation was an American media conglomerate based in Des Moines, Iowa, that owned newspapers, magazines, television stations, and websites. Its publications had a readership of more than 120 million and paid circulation of more than 40 million, its websites had nearly 135 million monthly unique visitors and its broadcast television stations reached 11% of U.S. households. Since 2021, Meredith was absorbed into the new conglomerate, Dotdash Meredith, underneath the holding company IAC Inc.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

18.9%Operating margin4
10.3%Net margin4
4.5%Revenue growth, 20214
47.0%Return on equity4
4.20×Debt to equity4
$363.4MFree cash flow4

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Selling, general and admin43¢$1.3B
  • Other costs44¢$1.3B
  • Income tax3¢$87.0M
  • Profit10¢$306.6M

Out of $3.0B in revenue.4

Where each dollar of operating cash went, fiscal 2021

  • Capital spending9¢$35.2M
  • Share buybacks1¢$2.9M
  • Kept or used elsewhere90¢$360.5M

Out of $398.6M of cash from operations.4

Financial statements

Revenue67894$3.0B in 2021+87% since 2015
0$1.0B$2.0B$3.0B$4.0B2015: $1.6B$1.6B20152016: $1.6B$1.6B2016+3%2017: $1.7B$1.7B2017+4%2018: $2.3B$2.3B2018+32%2019: $3.2B$3.2B2019+41%2020: $2.8B$2.8B2020−11%2021: $3.0B$3.0B2021+5%
Operating income67894$561.4M in 2021+132% since 2015
-$200.0M0$200.0M$400.0M$600.0M2015: $242.1M$242.1M20152016: $130.6M$130.6M2016−46%2017: $308.2M$308.2M2017+136%2018: $86.9M$86.9M2018−72%2019: $287.0M$287.0M2019+230%2020: -$94.1M-$94.1M20202021: $561.4M$561.4M2021
Net income67894$306.6M in 2021+124% since 2015
-$400.0M-$200.0M0$200.0M$400.0M2015: $136.8M$136.8M20152016: $33.9M$33.9M2016−75%2017: $188.9M$188.9M2017+457%2018: $99.4M$99.4M2018−47%2019: $46.3M$46.3M2019−53%2020: -$234.3M-$234.3M20202021: $306.6M$306.6M2021
Fiscal year2015201620172018201920202021
Revenue$1.6B6$1.6B7$1.7B8$2.3B9$3.2B4$2.8B4$3.0B4
Selling, general and admin$695.3M6$723.5M7$726.4M8$987.5M9$1.4B4$1.3B4$1.3B4
Operating income$242.1M6$130.6M7$308.2M8$86.9M9$287.0M4-$94.1M4$561.4M4
Interest$300.0K9
Income tax$86.0M6$76.3M7$101.4M8-$123.6M9$11.5M4-$32.2M4$87.0M4
Net income$136.8M6$33.9M7$188.9M8$99.4M9$46.3M4-$234.3M4$306.6M4
Earnings per share$3.076$0.767$4.238$1.489-$0.714-$10.414$6.314
Earnings per share (diluted)$3.026$0.757$4.168$1.479-$0.704-$10.414$6.274

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The story

Founded by Edwin T. Meredith in 1902.1

Leadership

Who has led Meredith Corporation, and when. Pick a name to see everywhere that person has worked.

Products and brands

  • newspaper

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Acquisitions

  1. Jan 31, 2018Time Inc. became a subsidiary1

Former names

  • MEREDITH CORPFeb 10, 1994 to Nov 22, 20215

Timeline

  1. Dec 1, 2021Dissolved Dissolved1
  2. 1902Founded Founded1

Recent filings

  1. Dec 7, 20214/A OWNERSHIP DOCUMENT
  2. Dec 7, 20214/A OWNERSHIP DOCUMENT
  3. Dec 6, 20214 OWNERSHIP DOCUMENT
  4. Dec 3, 20214
  5. Dec 3, 20214
  6. Dec 3, 20214
  7. Dec 3, 20214
  8. Dec 3, 20214
  9. Dec 3, 20214
  10. Dec 3, 20214
  11. Dec 3, 20214
  12. Dec 3, 20214
  13. Dec 3, 20214
  14. Dec 3, 20214
  15. Dec 3, 20214

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2