Shutterstock Balance Sheet Health
Financial Health criteria checks 4/6
Shutterstock has a total shareholder equity of $532.1M and total debt of $274.0M, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are $1.3B and $779.1M respectively. Shutterstock's EBIT is $96.8M making its interest coverage ratio 7.6. It has cash and short-term investments of $162.5M.
Key information
51.50%
Debt to equity ratio
US$274.01m
Debt
| Interest coverage ratio | 7.6x |
| Cash | US$162.52m |
| Equity | US$532.08m |
| Total liabilities | US$779.12m |
| Total assets | US$1.31b |
Recent financial health updates
We Think Shutterstock (NYSE:SSTK) Can Stay On Top Of Its Debt
Oct 30
Is Shutterstock (NYSE:SSTK) Using Too Much Debt?
Jun 23Recent updates
SSTK: AI Content Partnerships Will Offset Rising Merger Regulation Risk
Analysts left their $28.85 price target for Shutterstock unchanged, citing merger-related uncertainty highlighted by regulators as a key reason to keep estimates steady for now. Analyst Commentary Bullish Takeaways Bullish analysts view the unchanged US$28.85 target for Shutterstock as a sign that current merger uncertainty is already reflected in expectations, which may limit immediate downside from regulatory headlines.SSTK: AI Data Partnerships And Dividend Will Offset Merger Uncertainty
Analysts kept their $28.85 fair value estimate for Shutterstock steady, explaining that recent merger uncertainty flagged by regulators for a peer company is now reflected through a slightly higher discount rate and future P/E assumption rather than a change in the price target itself. Analyst Commentary Recent commentary on a peer's proposed merger has put a spotlight on Shutterstock's potential deal path and how investors might think about valuation risk versus execution upside.SSTK: Merger Uncertainty Will Highlight AI Data Strength And Dividend Support
Analysts held their fair value estimate for Shutterstock steady at $28.85, with only minor model tweaks. Ongoing uncertainty around the proposed Getty Images merger, highlighted by the UK regulator's recent concerns, kept price target revisions muted.SSTK: Merger Uncertainty Will Highlight Resilient Margins And Dividend Support
Analysts have trimmed their price target on Shutterstock, cutting it by $0.00 to reflect a slightly higher discount rate, softer revenue growth assumptions, a higher projected profit margin and a lower future P/E multiple, with recent merger uncertainty highlighted in street research as a key backdrop. Analyst Commentary Street research around Shutterstock is increasingly focused on the merger overhang, with recent commentary using the cut to Getty Images' price target as a reference point for how merger risk can feed back into valuation.SSTK: Stable Margins And Dividend Policy Will Support Future Upside
Analysts have modestly lowered their price target on Shutterstock to $24.55 from $25.18, reflecting incremental adjustments to the discount rate and forward P/E assumptions while keeping fair value, revenue growth, and profit margin expectations effectively unchanged. What's in the News Shutterstock, Inc.SSTK: Higher Future P/E And Dividend Policy Will Support Upside
Analysts now see Shutterstock's fair value at US$28.85, up from US$26.93, reflecting updated assumptions for revenue growth, profit margins, discount rate, and a higher future P/E multiple. What's in the News Shutterstock's Board of Directors declared a cash dividend of US$0.36 per common share on January 26, 2026, for shareholders of record as of March 5, 2026, payable on March 19, 2026 (company announcement).With Merger Or Without, Shutterstock Is An Objective Bargain
Jan 06Shutterstock's (NYSE:SSTK) Returns On Capital Are Heading Higher
Dec 20Is It Too Late To Consider Buying Shutterstock, Inc. (NYSE:SSTK)?
Dec 05Shutterstock: AI Concerns Outweigh The Potential
Dec 01We Think Shutterstock (NYSE:SSTK) Can Stay On Top Of Its Debt
Oct 30
Envato Acquisition And GenAI Integration Set To Revolutionize Content Creation And Drive Growth
Shutterstock's acquisition of Envato and strategic focus on integrating GenAI capabilities, such as partnerships with NVIDIA and Databricks, aim to enhance content diversification and innovation.Shutterstock, Inc.'s (NYSE:SSTK) Share Price Matching Investor Opinion
Sep 10Shutterstock: Undervalued, But Momentum Warrants Temperance
Aug 15Shutterstock, Inc. Just Missed EPS By 79%: Here's What Analysts Think Will Happen Next
Aug 09Is Shutterstock (NYSE:SSTK) Using Too Much Debt?
Jun 23Shutterstock: Opportunities And Headwinds For This Digital Content Player
Jun 04Shutterstock (NYSE:SSTK) Will Pay A Dividend Of $0.30
Apr 29An Intrinsic Calculation For Shutterstock, Inc. (NYSE:SSTK) Suggests It's 49% Undervalued
Apr 25Financial Position Analysis
Short Term Liabilities: SSTK's short term assets ($321.2M) do not cover its short term liabilities ($629.1M).
Long Term Liabilities: SSTK's short term assets ($321.2M) exceed its long term liabilities ($150.0M).
Debt to Equity History and Analysis
Debt Level: SSTK's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: SSTK's debt to equity ratio has increased from 0% to 51.5% over the past 5 years.
Debt Coverage: SSTK's debt is well covered by operating cash flow (58%).
Interest Coverage: SSTK's interest payments on its debt are well covered by EBIT (7.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/01 20:32 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Shutterstock, Inc. is covered by 14 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.
| Analyst | Institution |
|---|---|
| Nitin Bansal | BofA Global Research |
| Youssef Squali | Cantor Fitzgerald & Co. |
| Andrew Boone | Citizens JMP Securities, LLC |