Emerald Holding, Inc.

NYSE:EEX Stock Report

Market Cap: US$989.5m

Emerald Holding Past Earnings Performance

Past criteria checks 0/6

Emerald Holding has been growing earnings at an average annual rate of 39.5%, while the Media industry saw earnings growing at 5.8% annually. Revenues have been growing at an average rate of 24.4% per year.

Key information

39.53%

Earnings growth rate

47.87%

EPS growth rate

Media Industry Growth13.17%
Revenue growth rate24.36%
Return on equity-11.47%
Net Margin-8.24%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update May 30

EEX: Apollo Takeover Terms And Execution Risks Will Shape Future Upside

Analysts have trimmed their price target on Emerald Holding to $5.03. This reflects updated views on discount rate, revenue growth, profit margin and future P/E assumptions following recent downgrades from multiple firms.
Seeking Alpha May 12

Emerald Holding: Final Thoughts After The Apollo Acquisition

Summary Emerald Holding, Inc. is being acquired by Apollo Global for $5.03 per share, with Onex supporting the deal. EEX’s organic growth stagnated post-pandemic, with revenue gains driven by acquisitions and LT debt/EBITDA above 4x. The transaction values EEX at ~11.8x–13x EBITDA, aligning with historical B2B events industry multiples. With minimal arbitrage remaining, I rate EEX a Sell and recommend reallocating capital elsewhere. Read the full article on Seeking Alpha
Narrative Update May 12

EEX: Apollo Deal Terms And Reset Expectations Will Define Future Upside

Analysts have reduced their price target for Emerald Holding from $7.95 to $5.03, citing updated assumptions for revenue growth, profitability, discount rate, and a lower future P/E multiple following recent downgrades at major firms. Analyst Commentary Recent Street research on Emerald Holding reflects a reassessment of the stock that has fed into the lower price target, with analysts updating their views on growth, profitability, and valuation multiples.
Analysis Article Jan 09

Does Emerald Holding (NYSE:EEX) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Dec 19

Revenues Tell The Story For Emerald Holding, Inc. (NYSE:EEX) As Its Stock Soars 33%

Emerald Holding, Inc. ( NYSE:EEX ) shareholders are no doubt pleased to see that the share price has bounced 33% in the...
Analysis Article Jul 31

There's Been No Shortage Of Growth Recently For Emerald Holding's (NYSE:EEX) Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
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New Narrative May 28

Expanding Global Markets And Premium Events Will Strengthen Future Position

Portfolio diversification through premium and tech-focused event acquisitions is strengthening revenue durability and supporting long-term margin growth.
Analysis Article May 09

Shareholders Can Be Confident That Emerald Holding's (NYSE:EEX) Earnings Are High Quality

Emerald Holding, Inc. ( NYSE:EEX ) recently posted some strong earnings, and the market responded positively. We did...
Analysis Article May 08

Revenues Tell The Story For Emerald Holding, Inc. (NYSE:EEX) As Its Stock Soars 32%

Emerald Holding, Inc. ( NYSE:EEX ) shares have had a really impressive month, gaining 32% after a shaky period...
Analysis Article Feb 27

Returns Are Gaining Momentum At Emerald Holding (NYSE:EEX)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Analysis Article Jan 23

Investors Still Waiting For A Pull Back In Emerald Holding, Inc. (NYSE:EEX)

Emerald Holding, Inc.'s ( NYSE:EEX ) price-to-sales (or "P/S") ratio of 2.3x may not look like an appealing investment...
Analysis Article Oct 12

Calculating The Intrinsic Value Of Emerald Holding, Inc. (NYSE:EEX)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Emerald Holding fair value estimate is US$3.93 Current share...
Analysis Article Sep 22

Why Investors Shouldn't Be Surprised By Emerald Holding, Inc.'s (NYSE:EEX) P/S

Emerald Holding, Inc.'s ( NYSE:EEX ) price-to-sales (or "P/S") ratio of 2.3x may not look like an appealing investment...
Analysis Article Aug 27

Emerald Holding's (NYSE:EEX) Returns Have Hit A Wall

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Aug 06

Is There Now An Opportunity In Emerald Holding, Inc. (NYSE:EEX)?

Emerald Holding, Inc. ( NYSE:EEX ), is not the largest company out there, but it saw significant share price movement...
Analysis Article Jul 16

Emerald Holding (NYSE:EEX) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article May 30

Emerald Holding, Inc.'s (NYSE:EEX) Popularity With Investors Is Clear

When close to half the companies in the Media industry in the United States have price-to-sales ratios (or "P/S") below...
Analysis Article Mar 01

Emerald Holding (NYSE:EEX) Has Some Difficulty Using Its Capital Effectively

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Analysis Article Dec 27

Risks To Shareholder Returns Are Elevated At These Prices For Emerald Holding, Inc. (NYSE:EEX)

With a median price-to-sales (or "P/S") ratio of close to 1x in the Media industry in the United States, you could be...
Seeking Alpha Dec 08

Emerald Holding Aims For Advertising Segment Revamp

Summary Emerald Holding, Inc. has reported Q3 2023 financial results, missing revenue but beating earnings estimates. The company provides live event-related services, production, and software. Softness in advertising and content, especially in the technology industry, may delay the generation of strong revenue growth. I'm Neutral [Hold] on Emerald Holding for the near term. Read the full article on Seeking Alpha
Analysis Article Oct 20

These 4 Measures Indicate That Emerald Holding (NYSE:EEX) Is Using Debt Extensively

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Sep 29

Emerald Holding's (NYSE:EEX) Returns On Capital Not Reflecting Well On The Business

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Typically...

Revenue & Expenses Breakdown

How Emerald Holding makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:EEX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26471-391850
31 Dec 25463-311800
30 Sep 2543851810
30 Jun 2543381590
31 Mar 2541351550
31 Dec 24399-101580
30 Sep 24394-441590
30 Jun 24393-331610
31 Mar 24394-471630
31 Dec 23383-501590
30 Sep 23375-171640
30 Jun 23365111730
31 Mar 23350221640
31 Dec 22326321610
30 Sep 22273101610
30 Jun 22288-371490
31 Mar 22231-851470
31 Dec 21146-1151350
30 Sep 21117-1391250
30 Jun 2149-1441130
31 Mar 2141-791080
31 Dec 20127-6491130
30 Sep 20160-6751180
30 Jun 20227-6721230
31 Mar 20323-6711300
31 Dec 19361-501340
30 Sep 19373-721270
30 Jun 19401-311240
31 Mar 19376-371190
31 Dec 18381-251130
30 Sep 18355105930
30 Jun 18353104980
31 Mar 1834892990
31 Dec 1734282990
30 Sep 17341171080
30 Jun 1734117990
31 Mar 1733222940
31 Dec 1632422990
30 Sep 1631928890
31 Dec 1530620880

Quality Earnings: EEX is currently unprofitable.

Growing Profit Margin: EEX is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: EEX is unprofitable, but has reduced losses over the past 5 years at a rate of 39.5% per year.

Accelerating Growth: Unable to compare EEX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EEX is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (1.1%).


Return on Equity

High ROE: EEX has a negative Return on Equity (-11.47%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/01 18:29
End of Day Share Price 2026/06/01 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Emerald Holding, Inc. is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey MeulerBaird
Jitaek ChuBofA Global Research
Ashish SabadraDeutsche Bank