$4.91B Market Cap.
IDCC Market Cap. (MRY)
IDCC Shares Outstanding (MRY)
IDCC Assets (MRY)
Total Assets
$1.84B
Total Liabilities
$978.31M
Total Investments
$430.85M
IDCC Income (MRY)
Revenue
$868.52M
Net Income
$358.61M
Operating Expense
$62.86M
IDCC Cash Flow (MRY)
CF Operations
$271.53M
CF Investing
$109.45M
CF Financing
-$272.39M
IDCC Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $1.65 | 0.90% | 13.79% | 11.65% | 8.58 |
2023 | $1.45 | 1.30% | 3.57% | 18.19% | 5.50 |
2022 | $1.40 | 2.80% | 0.00% | 45.02% | 2.22 |
2021 | $1.40 | 2.00% | 0.00% | 77.78% | 1.29 |
2020 | $1.40 | 2.30% | - | 95.89% | 1.04 |
IDCC Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $1,835,529,000 (3.65%) | $1,770,814,000 (-6.80%) | $1,900,105,000 (16.70%) | $1,628,156,000 (0.74%) |
Assets Current | $1,230,822,000 (5.41%) | $1,167,624,000 (-13.17%) | $1,344,675,000 (28.03%) | $1,050,285,000 (4.76%) |
Assets Non-Current | $604,707,000 (0.25%) | $603,190,000 (8.60%) | $555,430,000 (-3.88%) | $577,871,000 (-5.84%) |
Goodwill & Intangible Assets | $308,630,000 (-1.40%) | $313,001,000 (-11.58%) | $353,999,000 (-2.64%) | $363,585,000 (-13.09%) |
Shareholders Equity | $857,215,000 (47.40%) | $581,549,000 (-19.77%) | $724,895,000 (-2.73%) | $745,239,000 (-3.64%) |
Property Plant & Equipment Net | $18,544,000 (60.33%) | $11,566,000 (2.01%) | $11,338,000 (-15.24%) | $13,377,000 (-19.56%) |
Cash & Equivalents | $527,360,000 (20.66%) | $437,076,000 (-36.97%) | $693,479,000 (-1.81%) | $706,282,000 (49.17%) |
Accumulated Other Comprehensive Income | -$458,000 (29.21%) | -$647,000 (29.37%) | -$916,000 (-60.42%) | -$571,000 (-210.33%) |
Deferred Revenue | $360,128,000 (-4.59%) | $377,463,000 (-11.53%) | $426,639,000 (37.12%) | $311,136,000 (-5.14%) |
Total Investments | $430,848,000 (-24.32%) | $569,280,000 (12.00%) | $508,298,000 (115.98%) | $235,345,000 (-48.07%) |
Investments Current | $430,848,000 (-24.32%) | $569,280,000 (12.00%) | $508,298,000 (115.98%) | $235,345,000 (-48.07%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $188,302,000 (60.54%) | $117,292,000 (120.55%) | $53,182,000 (70.93%) | $31,113,000 (94.36%) |
Trade & Non-Trade Payables | $12,206,000 (55.57%) | $7,846,000 (-21.52%) | $9,997,000 (39.72%) | $7,155,000 (-34.83%) |
Accumulated Retained Earnings (Deficit) | $1,775,823,000 (21.46%) | $1,462,070,000 (-2.01%) | $1,492,046,000 (3.53%) | $1,441,105,000 (1.92%) |
Tax Assets | $128,133,000 (-0.65%) | $128,967,000 (36.66%) | $94,373,000 (-4.10%) | $98,408,000 (22.43%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $471,772,000 (-22.38%) | $607,771,000 (0.12%) | $607,066,000 (43.60%) | $422,745,000 (14.88%) |
Debt Current | $456,329,000 (-21.15%) | $578,752,000 (0%) | $0 (0%) | $0 (0%) |
Debt Non-Current | $15,443,000 (-46.78%) | $29,019,000 (-95.22%) | $607,066,000 (43.60%) | $422,745,000 (14.88%) |
Total Liabilities | $978,314,000 (-17.74%) | $1,189,265,000 (1.68%) | $1,169,592,000 (33.63%) | $875,239,000 (6.77%) |
Liabilities Current | $725,810,000 (-17.63%) | $881,128,000 (224.72%) | $271,346,000 (-26.97%) | $371,561,000 (25.63%) |
Liabilities Non-Current | $252,504,000 (-18.05%) | $308,137,000 (-65.70%) | $898,246,000 (78.34%) | $503,678,000 (-3.87%) |
IDCC Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $868,516,000 (58.03%) | $549,588,000 (20.05%) | $457,794,000 (7.61%) | $425,409,000 (18.50%) |
Cost of Revenue | $366,142,000 (33.30%) | $274,682,000 (7.04%) | $256,621,000 (-3.20%) | $265,109,000 (4.04%) |
Selling General & Administrative Expense | $62,862,000 (17.96%) | $53,291,000 (12.48%) | $47,377,000 (-22.61%) | $61,217,000 (24.94%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $62,862,000 (17.96%) | $53,291,000 (5.20%) | $50,657,000 (-43.14%) | $89,094,000 (81.83%) |
Interest Expense | $45,421,000 (1.35%) | $44,817,000 (51.94%) | $29,496,000 (16.93%) | $25,225,000 (-38.17%) |
Income Tax Expense | $70,802,000 (200.56%) | $23,557,000 (-7.63%) | $25,502,000 (65.94%) | $15,368,000 (331.17%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $358,614,000 (69.92%) | $211,053,000 (129.25%) | $92,061,000 (118.22%) | $42,188,000 (11.19%) |
Net Income to Non-Controlling Interests | $0 (0%) | -$3,016,000 (-84.80%) | -$1,632,000 (87.55%) | -$13,107,000 (-91.06%) |
Net Income | $358,614,000 (67.52%) | $214,069,000 (128.48%) | $93,693,000 (69.44%) | $55,295,000 (23.42%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $358,614,000 (67.52%) | $214,069,000 (128.48%) | $93,693,000 (69.44%) | $55,295,000 (23.42%) |
Weighted Average Shares | $25,325,000 (-5.71%) | $26,860,000 (-10.78%) | $30,106,000 (-2.14%) | $30,764,000 (-0.04%) |
Weighted Average Shares Diluted | $29,711,000 (5.73%) | $28,102,000 (-7.82%) | $30,485,000 (-2.46%) | $31,253,000 (0.63%) |
Earning Before Interest & Taxes (EBIT) | $474,837,000 (68.12%) | $282,443,000 (89.95%) | $148,691,000 (55.07%) | $95,888,000 (21.45%) |
Gross Profit | $502,374,000 (82.74%) | $274,906,000 (36.65%) | $201,173,000 (25.50%) | $160,300,000 (53.89%) |
Operating Income | $439,512,000 (98.32%) | $221,615,000 (47.24%) | $150,516,000 (111.38%) | $71,206,000 (29.07%) |
IDCC Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $109,451,000 (228.51%) | -$85,170,000 (72.94%) | -$314,706,000 (-275.19%) | $179,639,000 (157.94%) |
Net Cash Flow from Financing | -$272,393,000 (29.93%) | -$388,763,000 (-2189.67%) | $18,604,000 (124.98%) | -$74,470,000 (43.95%) |
Net Cash Flow from Operations | $271,528,000 (27.04%) | $213,733,000 (-25.28%) | $286,039,000 (119.37%) | $130,392,000 (-20.23%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $108,586,000 (141.73%) | -$260,200,000 (-2485.71%) | -$10,063,000 (-104.27%) | $235,561,000 (184.30%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $172,438,000 (525.31%) | -$40,544,000 (85.09%) | -$271,953,000 (-224.80%) | $217,916,000 (181.15%) |
Capital Expenditure | -$62,987,000 (-41.14%) | -$44,626,000 (-4.38%) | -$42,753,000 (-11.69%) | -$38,277,000 (9.74%) |
Issuance (Repayment) of Debt Securities | -$141,442,000 (-141342.00%) | -$100,000 (-100.06%) | $179,523,000 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | -$66,694,000 (80.29%) | -$338,452,000 (-1046.56%) | -$29,519,000 (-33.87%) | -$22,050,000 (-1529.03%) |
Payment of Dividends & Other Cash Distributions | -$41,799,000 (-5.94%) | -$39,454,000 (6.74%) | -$42,306,000 (1.75%) | -$43,058,000 (0.03%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $45,966,000 (28.61%) | $35,741,000 (61.53%) | $22,127,000 (-23.00%) | $28,736,000 (175.20%) |
Depreciation Amortization & Accretion | $69,913,000 (-10.13%) | $77,792,000 (-0.99%) | $78,571,000 (0.48%) | $78,193,000 (-3.51%) |
IDCC Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 57.80% (15.60%) | 50.00% (13.90%) | 43.90% (16.45%) | 37.70% (30.00%) |
Profit Margin | 41.30% (5.90%) | 39.00% (90.24%) | 20.50% (57.69%) | 13.00% (4.00%) |
EBITDA Margin | 62.70% (-4.27%) | 65.50% (32.06%) | 49.60% (21.27%) | 40.90% (-8.30%) |
Return on Average Equity (ROAE) | 49.50% (37.50%) | 36.00% (174.81%) | 13.10% (70.13%) | 7.70% (32.76%) |
Return on Average Assets (ROAA) | 20.50% (70.83%) | 12.00% (126.42%) | 5.30% (51.43%) | 3.50% (20.69%) |
Return on Sales (ROS) | 54.70% (6.42%) | 51.40% (58.15%) | 32.50% (44.44%) | 22.50% (2.27%) |
Return on Invested Capital (ROIC) | 61.30% (146.18%) | 24.90% (61.69%) | 15.40% (31.62%) | 11.70% (-4.88%) |
Dividend Yield | 0.90% (-30.77%) | 1.30% (-53.57%) | 2.80% (40.00%) | 2.00% (-13.04%) |
Price to Earnings Ratio (P/E) | 13.68 (0.46%) | 13.62 (-14.40%) | 15.91 (-60.02%) | 39.79 (-4.25%) |
Price to Sales Ratio (P/S) | 5.65 (6.48%) | 5.3 (63.03%) | 3.25 (-37.18%) | 5.18 (-0.42%) |
Price to Book Ratio (P/B) | 5.73 (19.39%) | 4.8 (136.89%) | 2.02 (-31.33%) | 2.95 (22.01%) |
Debt to Equity Ratio (D/E) | 1.14 (-44.21%) | 2.04 (26.78%) | 1.61 (37.39%) | 1.17 (10.75%) |
Earnings Per Share (EPS) | 14.16 (77.67%) | 7.97 (156.27%) | 3.11 (72.78%) | 1.8 (23.29%) |
Sales Per Share (SPS) | 34.3 (67.61%) | 20.46 (34.56%) | 15.21 (9.97%) | 13.83 (18.54%) |
Free Cash Flow Per Share (FCFPS) | 8.23 (30.80%) | 6.3 (-22.09%) | 8.08 (169.91%) | 2.99 (-23.89%) |
Book Value Per Share (BVPS) | 33.85 (56.34%) | 21.65 (-10.08%) | 24.08 (-0.60%) | 24.22 (-3.60%) |
Tangible Assets Book Value Per Share (TABVPS) | 60.29 (11.09%) | 54.27 (5.68%) | 51.35 (24.93%) | 41.11 (5.61%) |
Enterprise Value Over EBIT (EV/EBIT) | 10 (0.00%) | 10 (0.00%) | 10 (-54.55%) | 22 (15.79%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 9.14 (14.27%) | 8 (18.55%) | 6.75 (-45.38%) | 12.36 (33.02%) |
Asset Turnover | 0.5 (60.52%) | 0.31 (18.85%) | 0.26 (-2.26%) | 0.27 (16.16%) |
Current Ratio | 1.7 (28.00%) | 1.32 (-73.26%) | 4.96 (75.31%) | 2.83 (-16.61%) |
Dividends | $1.65 (13.79%) | $1.45 (3.57%) | $1.4 (0.00%) | $1.4 (0.00%) |
Free Cash Flow (FCF) | $208,541,000 (23.32%) | $169,107,000 (-30.49%) | $243,286,000 (164.11%) | $92,115,000 (-23.91%) |
Enterprise Value (EV) | $4,981,050,150 (72.80%) | $2,882,587,552 (87.92%) | $1,533,932,894 (-28.70%) | $2,151,278,997 (44.74%) |
Earnings Before Tax (EBT) | $429,416,000 (80.71%) | $237,626,000 (99.36%) | $119,195,000 (68.68%) | $70,663,000 (85.21%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $544,750,000 (51.22%) | $360,235,000 (58.51%) | $227,262,000 (30.55%) | $174,081,000 (8.81%) |
Invested Capital | $745,501,000 (-0.25%) | $747,380,000 (-37.11%) | $1,188,347,000 (94.98%) | $609,473,000 (-23.50%) |
Working Capital | $505,012,000 (76.27%) | $286,496,000 (-73.31%) | $1,073,329,000 (58.14%) | $678,724,000 (-3.97%) |
Tangible Asset Value | $1,526,899,000 (4.74%) | $1,457,813,000 (-5.71%) | $1,546,106,000 (22.26%) | $1,264,571,000 (5.56%) |
Market Capitalization | $4,909,588,150 (75.98%) | $2,789,820,552 (90.08%) | $1,467,724,894 (-33.21%) | $2,197,464,997 (17.55%) |
Average Equity | $725,205,000 (21.89%) | $594,967,000 (-16.59%) | $713,286,250 (-1.13%) | $721,448,250 (-6.27%) |
Average Assets | $1,751,048,750 (-1.43%) | $1,776,508,000 (0.91%) | $1,760,460,500 (10.24%) | $1,596,931,250 (2.04%) |
Invested Capital Average | $775,016,750 (-31.55%) | $1,132,247,000 (17.38%) | $964,615,000 (17.28%) | $822,478,250 (28.12%) |
Shares | 25,343,734 (-1.40%) | 25,703,156 (-13.35%) | 29,662,993 (-3.31%) | 30,677,998 (-0.42%) |
