LEE: Lee Enterprises Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Lee Enterprises Inc (LEE).

OverviewDividends

$54.38M Market Cap.

As of 05/09/2025 5:00 PM ET (MRY) • Disclaimer

LEE Market Cap. (MRY)


LEE Shares Outstanding (MRY)


LEE Assets (MRY)


Total Assets

$649.17M

Total Liabilities

$656.50M

Total Investments

$33.98M

LEE Income (MRY)


Revenue

$611.38M

Net Income

-$25.84M

Operating Expense

$360.01M

LEE Cash Flow (MRY)


CF Operations

$1.12M

CF Investing

$3.73M

CF Financing

-$9.80M

LEE Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$649,171,000 (-8.78%)

$711,617,000 (-4.36%)

$744,042,000 (-11.80%)

$843,551,000 (-2.37%)

Assets Current

$97,773,000 (-8.22%)

$106,529,000 (-2.38%)

$109,123,000 (0.30%)

$108,799,000 (0.04%)

Assets Non-Current

$551,398,000 (-8.87%)

$605,088,000 (-4.70%)

$634,919,000 (-13.59%)

$734,752,000 (-2.72%)

Goodwill & Intangible Assets

$398,115,000 (-6.21%)

$424,492,000 (-5.85%)

$450,877,000 (-7.39%)

$486,875,000 (-4.74%)

Shareholders Equity

-$9,889,000 (-146.56%)

$21,240,000 (41.55%)

$15,005,000 (-63.49%)

$41,097,000 (230.20%)

Property Plant & Equipment Net

$79,254,000 (-22.34%)

$102,056,000 (-15.80%)

$121,203,000 (-18.63%)

$148,948,000 (-15.63%)

Cash & Equivalents

$9,598,000 (-34.03%)

$14,548,000 (-10.11%)

$16,185,000 (-38.02%)

$26,112,000 (-22.59%)

Accumulated Other Comprehensive Income

$19,920,000 (-25.79%)

$26,843,000 (61.19%)

$16,653,000 (-60.53%)

$42,187,000 (310.41%)

Deferred Revenue

$31,755,000 (-22.25%)

$40,843,000 (-18.20%)

$49,929,000 (-18.69%)

$61,404,000 (1.88%)

Total Investments

$33,983,000 (1.77%)

$33,391,000 (0.13%)

$33,349,000 (1.84%)

$32,747,000 (-3.34%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$33,983,000 (1.77%)

$33,391,000 (0.13%)

$33,349,000 (1.84%)

$32,747,000 (-3.34%)

Inventory

$5,643,000 (-24.80%)

$7,504,000 (-9.21%)

$8,265,000 (31.25%)

$6,297,000 (-16.42%)

Trade & Non-Trade Receivables

$60,648,000 (-12.24%)

$69,104,000 (-0.60%)

$69,522,000 (6.84%)

$65,070,000 (23.71%)

Trade & Non-Trade Payables

$36,290,000 (0.00%)

$36,290,000 (26.85%)

$28,608,000 (40.10%)

$20,420,000 (18.98%)

Accumulated Retained Earnings (Deficit)

-$292,341,000 (-9.70%)

-$266,496,000 (-2.02%)

-$261,229,000 (-0.78%)

-$259,212,000 (3.47%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$31,859,000 (-32.44%)

$47,160,000 (-7.55%)

$51,011,000 (-18.95%)

$62,937,000 (89.25%)

Total Debt

$483,851,000 (-3.24%)

$500,076,000 (-3.16%)

$516,416,000 (-5.92%)

$548,911,000 (-9.90%)

Debt Current

$8,139,000 (4.95%)

$7,755,000 (-1.32%)

$7,859,000 (-46.62%)

$14,724,000 (-34.00%)

Debt Non-Current

$475,712,000 (-3.37%)

$492,321,000 (-3.19%)

$508,557,000 (-4.80%)

$534,187,000 (-8.99%)

Total Liabilities

$656,505,000 (-4.57%)

$687,911,000 (-5.35%)

$726,805,000 (-9.19%)

$800,321,000 (-10.45%)

Liabilities Current

$115,354,000 (0.89%)

$114,336,000 (-12.81%)

$131,136,000 (-7.41%)

$141,624,000 (-1.67%)

Liabilities Non-Current

$541,151,000 (-5.65%)

$573,575,000 (-3.71%)

$595,669,000 (-9.57%)

$658,697,000 (-12.13%)

LEE Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$611,380,000 (-11.54%)

$691,138,000 (-11.50%)

$780,969,000 (-1.72%)

$794,649,000 (28.58%)

Cost of Revenue

$251,394,000 (-13.98%)

$292,253,000 (-15.99%)

$347,890,000 (-3.54%)

$360,671,000 (34.95%)

Selling General & Administrative Expense

$301,950,000 (-6.54%)

$323,067,000 (-6.33%)

$344,905,000 (5.93%)

$325,597,000 (25.53%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$360,012,000 (-2.24%)

$368,243,000 (-11.03%)

$413,885,000 (7.83%)

$383,834,000 (26.32%)

Interest Expense

$41,232,000 (-0.58%)

$41,471,000 (-0.72%)

$41,770,000 (-6.71%)

$44,773,000 (-6.22%)

Income Tax Expense

-$7,610,000 (-2080.52%)

-$349,000 (-150.00%)

$698,000 (-90.38%)

$7,255,000 (144.03%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$23,573,000 (-762.53%)

-$2,733,000 (-2917.53%)

$97,000 (-99.61%)

$24,792,000 (19170.77%)

Net Income to Non-Controlling Interests

$2,272,000 (-10.34%)

$2,534,000 (19.87%)

$2,114,000 (3.27%)

$2,047,000 (10.95%)

Net Income

-$25,845,000 (-390.70%)

-$5,267,000 (-161.13%)

-$2,017,000 (-108.87%)

$22,745,000 (1251.65%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$25,845,000 (-390.70%)

-$5,267,000 (-161.13%)

-$2,017,000 (-108.87%)

$22,745,000 (1251.65%)

Weighted Average Shares

$6,190,554 (1.95%)

$6,072,392 (1.59%)

$5,977,315 (1.50%)

$5,888,983 (0.91%)

Weighted Average Shares Diluted

-

-

-

-

Earning Before Interest & Taxes (EBIT)

$7,777,000 (-78.31%)

$35,855,000 (-11.36%)

$40,451,000 (-45.90%)

$74,773,000 (53.41%)

Gross Profit

$359,986,000 (-9.75%)

$398,885,000 (-7.90%)

$433,079,000 (-0.21%)

$433,978,000 (23.73%)

Operating Income

-$26,000 (-100.08%)

$30,642,000 (59.64%)

$19,194,000 (-61.72%)

$50,144,000 (6.97%)

LEE Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

$3,731,000 (-56.80%)

$8,636,000 (24.92%)

$6,913,000 (403.47%)

-$2,278,000 (98.07%)

Net Cash Flow from Financing

-$9,798,000 (-38.16%)

-$7,092,000 (63.99%)

-$19,693,000 (64.47%)

-$55,421,000 (-159.34%)

Net Cash Flow from Operations

$1,117,000 (135.11%)

-$3,181,000 (-211.50%)

$2,853,000 (-94.30%)

$50,078,000 (0.42%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$4,950,000 (-202.38%)

-$1,637,000 (83.51%)

-$9,927,000 (-30.26%)

-$7,621,000 (-130.38%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$1,038,000 (100.79%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

$4,248,000 (-37.94%)

$6,845,000 (-6.22%)

$7,299,000 (354.94%)

-$2,863,000 (-121.03%)

Issuance (Repayment) of Debt Securities

-$9,798,000 (-43.81%)

-$6,813,000 (66.04%)

-$20,062,000 (63.97%)

-$55,674,000 (-158.81%)

Issuance (Purchase) of Equity Shares

$0 (0%)

-$279,000 (-175.61%)

$369,000 (45.85%)

$253,000 (143.32%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$1,751,000 (-3.05%)

$1,806,000 (35.08%)

$1,337,000 (56.56%)

$854,000 (-34.00%)

Depreciation Amortization & Accretion

$27,616,000 (-9.81%)

$30,621,000 (-16.21%)

$36,544,000 (-14.70%)

$42,841,000 (18.56%)

LEE Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

58.90% (2.08%)

57.70% (3.96%)

55.50% (1.65%)

54.60% (-3.87%)

Profit Margin

-4.20% (-425.00%)

-0.80% (-166.67%)

-0.30% (-110.34%)

2.90% (1066.67%)

EBITDA Margin

5.80% (-39.58%)

9.60% (-3.03%)

9.90% (-33.11%)

14.80% (8.03%)

Return on Average Equity (ROAE)

-476.00% (-1248.44%)

-35.30% (-702.27%)

-4.40% (-100.07%)

6679.90% (119183.93%)

Return on Average Assets (ROAA)

-3.80% (-442.86%)

-0.70% (-133.33%)

-0.30% (-111.11%)

2.70% (1450.00%)

Return on Sales (ROS)

1.30% (-75.00%)

5.20% (0.00%)

5.20% (-44.68%)

9.40% (18.99%)

Return on Invested Capital (ROIC)

1.20% (-78.18%)

5.50% (-6.78%)

5.90% (-42.16%)

10.20% (59.37%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

-2.02 (83.46%)

-12.21 (74.87%)

-48.6 (-914.75%)

5.96 (125.46%)

Price to Sales Ratio (P/S)

0.09 (-8.25%)

0.1 (-25.38%)

0.13 (-26.14%)

0.18 (128.57%)

Price to Book Ratio (P/B)

-5.5 (-275.02%)

3.14 (-53.63%)

6.78 (99.18%)

3.4 (324.41%)

Debt to Equity Ratio (D/E)

-66.39 (-304.97%)

32.39 (-33.14%)

48.44 (148.73%)

19.47 (168.78%)

Earnings Per Share (EPS)

-4.35 (-383.33%)

-0.9 (-157.14%)

-0.35 (-108.79%)

3.98 (1237.14%)

Sales Per Share (SPS)

98.76 (-13.23%)

113.82 (-12.89%)

130.66 (-3.17%)

134.94 (27.42%)

Free Cash Flow Per Share (FCFPS)

0.87 (43.78%)

0.6 (-64.49%)

1.7 (-78.82%)

8.02 (-26.29%)

Book Value Per Share (BVPS)

-1.6 (-145.65%)

3.5 (39.36%)

2.51 (-64.03%)

6.98 (229.03%)

Tangible Assets Book Value Per Share (TABVPS)

40.55 (-14.23%)

47.28 (-3.59%)

49.05 (-19.02%)

60.57 (0.15%)

Enterprise Value Over EBIT (EV/EBIT)

69 (331.25%)

16 (6.67%)

15 (66.67%)

9 (-30.77%)

Enterprise Value Over EBITDA (EV/EBITDA)

15.06 (79.74%)

8.38 (6.44%)

7.87 (37.87%)

5.71 (-24.10%)

Asset Turnover

0.9 (-4.96%)

0.95 (-3.95%)

0.99 (4.56%)

0.94 (23.72%)

Current Ratio

0.85 (-9.01%)

0.93 (12.02%)

0.83 (8.33%)

0.77 (1.72%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

$5,365,000 (46.42%)

$3,664,000 (-63.91%)

$10,152,000 (-78.50%)

$47,215,000 (-25.63%)

Enterprise Value (EV)

$533,174,017 (-4.31%)

$557,166,588 (-8.10%)

$606,296,128 (-9.74%)

$671,715,456 (5.18%)

Earnings Before Tax (EBT)

-$33,455,000 (-495.71%)

-$5,616,000 (-325.78%)

-$1,319,000 (-104.40%)

$30,000,000 (2906.01%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$35,393,000 (-46.76%)

$66,476,000 (-13.66%)

$76,995,000 (-34.54%)

$117,614,000 (38.57%)

Invested Capital

$609,955,000 (-7.35%)

$658,317,000 (-0.60%)

$662,260,000 (-10.24%)

$737,851,000 (-5.94%)

Working Capital

-$17,581,000 (-125.20%)

-$7,807,000 (64.53%)

-$22,013,000 (32.94%)

-$32,825,000 (6.93%)

Tangible Asset Value

$251,056,000 (-12.56%)

$287,125,000 (-2.06%)

$293,165,000 (-17.81%)

$356,676,000 (1.06%)

Market Capitalization

$54,384,017 (-18.51%)

$66,735,588 (-34.36%)

$101,674,128 (-27.27%)

$139,804,456 (192.15%)

Average Equity

$5,429,250 (-63.66%)

$14,939,750 (-67.06%)

$45,359,250 (13221.37%)

$340,500 (100.97%)

Average Assets

$678,485,500 (-6.90%)

$728,807,500 (-7.92%)

$791,532,000 (-5.96%)

$841,687,500 (3.98%)

Invested Capital Average

$638,143,750 (-2.75%)

$656,175,250 (-4.67%)

$688,291,250 (-6.24%)

$734,110,500 (-2.92%)

Shares

6,190,554 (1.95%)

6,072,392 (1.59%)

5,977,315 (1.50%)

5,888,983 (0.91%)