Thryv Holdings, Inc. (THRY) intrinsic value & 10-year financials
Thryv Holdings, Inc. (THRY) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 8.9% a year to $785.0M, with an average return on invested capital of 8.2%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $1.21
- Market cap
- $53.8M
- Revenue (FY2025)
- $785.0M
- Revenue growth (10-yr CAGR)
- -8.9%
- ROIC (10-yr avg)
- 8.2%
- Free cash flow (FY2025)
- $31.1M
THRY 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $785.0M | $307.0K | $0.01 | $31.1M | 7.2% | 6.1% |
| FY2024 | $824.2M | -$74.2M | -$2.00 | $56.2M | -4.0% | -7.0% |
| FY2023 | $917.0M | -$259.3M | -$7.47 | $114.8M | -21.8% | -29.7% |
| FY2022 | $1.2B | $54.3M | $1.49 | $119.3M | 8.3% | 6.3% |
| FY2021 | $1.1B | $101.6M | $2.78 | $143.7M | 17.1% | 17.6% |
| FY2020 | $1.1B | $149.2M | $4.42 | $205.0M | 13.7% | 20.1% |
| FY2019 | $1.4B | $35.5M | $0.82 | $244.5M | 14.5% | 17.8% |
| FY2018 | $1.8B | $52.3M | $0.88 | $319.6M | 9.1% | 43.5% |
| FY2017 | — | — | — | — | — | — |
| FY2014 | $1.8B | -$371.0M | — | $370.0M | -0.2% | -0.4% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Thryv Holdings, Inc. is facing top-line stagnation, with revenue contracting over the decade.
Thryv Holdings, Inc. returns on capital have been average, hovering around 8.2% ROIC over the decade.
Thryv Holdings, Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Thryv Holdings, Inc. is modeled at -47.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-0.74 per share.