Magnite, Inc.
MGNICommunication ServicesNASDAQAdvertising Agencies · Last scanned Jun 1, 2026
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Daily timeframePart of the communication services sector, Magnite, Inc. (MGNI) is listed under Advertising Agencies. At a $2.05B market cap, Magnite, Inc. ranks as a mid-cap company within communication services. The company's platform offers applications and services for sellers of digital advertising inventory, or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that brings buyers and sellers together.
Market Cap
$2.05B
Beta
2.32
P/E (TTM)
13.65
P/E (Fwd)
11.65
EPS (TTM)
$1.05
EPS (Fwd)
$1.23
ROE
19.1%
ROA
2.4%
Cash
$184.6M
Total Debt
$429.7M
Free CF
$1.5M
52W Change
-14.1%
Annual Financials
Cash vs Debt
Magnite, Inc. carries $429.7M in total debt against $184.6M in cash reserves — debt is roughly 2.3x the cash position. Managing this leverage effectively will be important for long-term financial stability. Annual free cash flow of $1.5M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 19.1%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.4% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $577.1M (2022) to $714.0M (2025), reflecting a 24% increase over the period.
A beta of 2.32 means MGNI is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing MGNI.