To the full analysis
MediaAlpha stock: growth
MAXMediaAlpha reported $1.11B in revenue for fiscal 2025, up 28.8% on the prior year, up 13.7% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
20.8%
per year from 2018 to 2025, per share 12%
Earnings (Annual rate)
5.1%
per year from 2018 to 2025, per share −2.5%
Free cash flow (Annual rate)
16.8%
per year from 2018 to 2025, per share 8.3%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2018 | |
|---|---|---|
| Revenue | 13.7% | 20.8% |
| Revenue per share | 1.7% | 12.0% |
| Earnings | 11.6% | 5.1% |
| Earnings per share | no data | −2.5% |
| Free cash flow | 5.0% | 16.8% |
| Free cash flow per share | −6.1% | 8.3% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2018 | $296.91M | $18.13M | $22.01M |
| 2019 | $408.01M | $17.82M | $21.85M |
| 2020 | $584.81M | $14.8M | $51.11M |
| 2021 | $645.27M | −$5.28M | $27.97M |
| 2022 | $459.07M | −$57.67M | $28.18M |
| 2023 | $388.15M | −$40.42M | $20.16M |
| 2024 | $864.7M | $16.63M | $45.62M |
| 2025 | $1.11B | $25.62M | $65.26M |
Revenue by segment
How MediaAlpha, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Property And Casualty Insurance90%
- Health Insurance8%
- Life Insurance2%
- Other< 1%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|
| Property And Casualty Insurance | $397.71M | $417.72M | $224.37M | $164.23M | $658.2M | $1B | 90.1% |
| Health Insurance | $139.8M | $176.46M | $187.39M | $186.28M | $173.53M | $85.7M | 7.7% |
| Life Insurance | $30.31M | $28.59M | $26.71M | $24.29M | $24.37M | $21.7M | 1.9% |
| Other | $17M | $22.51M | $20.6M | $13.35M | $0 | $0 | 0% |
| Total revenue | $584.81M | $645.27M | $459.07M | $388.15M | $864.7M | $1.11B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 22 Nov 2024)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.