# People Incorporated (PPLI)

**Exchange:** NASDAQ  
**Sector:** Communication Services  
**Market cap:** $3.39B  
**Price:** $42.28 (+0.14%)

> People Incorporated is a publicly traded holding company focused on media, internet, and consumer-facing businesses. The company primarily operates through People Inc., described as America’s largest publisher, which manages more than 40 well-known brands such as PEOPLE, Food & Wine, Travel + Leisure, InStyle, Better Homes & Gardens, and Southern Living. These brands span lifestyle, entertainment, travel, home, and food, reaching a broad consumer audience across digital, print, and other content channels. In addition to its media operations, People Incorporated holds a significant minority stake in MGM Resorts International, providing exposure to the hospitality and entertainment sector. This combination positions the company as a diversified player at the intersection of digital media, advertising, and experiential consumer brands. People Incorporated is headquartered in New York City and serves advertisers, partners, and consumers seeking large-scale, brand-driven audiences.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.39B | $1.58B | -$97M | -$104M | $-1.30 |
| 2024 | $2.62B | $1.62B | -$29M | -$540M | $-6.49 |
| 2023 | $2.92B | $1.70B | -$238M | $266M | $2.97 |
| 2022 | $5.24B | $3.30B | -$475M | -$1.17B | $-13.55 |
| 2021 | $3.70B | $2.40B | -$137M | $598M | $6.31 |
| 2020 | $2.76B | $1.95B | -$538M | $270M | $2.97 |
| 2019 | $2.51B | $1.91B | $6M | $23M | $0.27 |
| 2018 | $2.53B | $2.03B | $36M | — | $2.90 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $7.19B | $2.46B | $4.73B | $941M | $1.44B |
| 2024 | $9.69B | $4.11B | $5.58B | $1.36B | $1.98B |
| 2023 | $10.37B | $4.29B | $6.08B | $933M | $2.04B |
| 2022 | $10.39B | $4.46B | $5.93B | $1.10B | $2.07B |
| 2021 | $12.30B | $5.13B | $7.18B | $2.12B | $2.10B |
| 2020 | $9.16B | $2.56B | $6.60B | $3.37B | $720M |
| 2019 | $4.10B | $1.56B | $2.54B | $838M | $232M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2024 | $355M | $15M | $340M |
| 2023 | $190M | $94M | $96M |
| 2022 | -$83M | $140M | -$223M |
| 2020 | $155M | $61M | $94M |
| 2019 | $252M | $95M | $157M |
| 2018 | $369M | $55M | $315M |

Source: [CompaniesByCap](https://companiesbycap.com/company/PPLI)