ZIPRECRUITER, Inc. (ZIP) intrinsic value & 10-year financials
ZIPRECRUITER, Inc. (ZIP) has a Graham intrinsic value of $3.96 per share. At $4.41 on Oct 17, 2026, the stock trades 11% above that value. Over the last 8 fiscal years revenue grew 0.7% a year to $449.0M, with an average return on invested capital of 1.9%.
- Graham intrinsic value
- $3.96
- Share price (Oct 17, 2026)
- $4.41
- Price vs Graham value
- 11% above
- Market cap
- $396.3M
- Revenue (FY2025)
- $449.0M
- Revenue growth (8-yr CAGR)
- 0.7%
- ROIC (10-yr avg)
- 1.9%
- Free cash flow (FY2025)
- $9.9M
ZIP 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $449.0M | -$33.0M | -$0.37 | $9.9M | -4.3% | -6.1% |
| FY2024 | $474.0M | -$12.9M | -$0.13 | $44.8M | 0.3% | 0.4% |
| FY2023 | $645.7M | $49.1M | $0.46 | $102.3M | 12.3% | 17.5% |
| FY2022 | $904.6M | $61.5M | $0.51 | $126.1M | 10.7% | 45.4% |
| FY2021 | $741.1M | $3.6M | $0.02 | $138.1M | -1.1% | 7.3% |
| FY2020 | $418.1M | $86.0M | $0.70 | $86.7M | 15.4% | -56.4% |
| FY2019 | $429.6M | -$6.3M | -$0.13 | -$4.7M | -1.5% | 5.2% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
ZIPRECRUITER, INC. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
ZIPRECRUITER, INC. has historically struggled to out-earn its cost of capital, averaging just 1.9% ROIC.
ZIPRECRUITER, INC. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, ZIPRECRUITER, INC. is modeled at 0.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $3.96 per share.