Daily Journal (DJCO)
Market Price (3/30/2026): $492.85 | Market Cap: $679.0 MilSector: Communication Services | Industry: Publishing
Daily Journal (DJCO)
Market Price (3/30/2026): $492.85Market Cap: $679.0 MilSector: Communication ServicesIndustry: Publishing
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 14%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.9% | Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 13% | Expensive valuation multiplesP/SPrice/Sales ratio is 7.6x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 74x |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -70% | Key risksDJCO key risks include [1] significant volatility to its valuation and net income driven by its massive and highly concentrated marketable securities portfolio that dominates the company's balance sheet. | |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 25% | ||
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10% | ||
| Megatrend and thematic driversMegatrends include Digital Transformation of Public Services. Themes include Legal Case Management Software. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 14%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.9% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -70% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 25% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10% |
| Megatrend and thematic driversMegatrends include Digital Transformation of Public Services. Themes include Legal Case Management Software. |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 13% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 7.6x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 74x |
| Key risksDJCO key risks include [1] significant volatility to its valuation and net income driven by its massive and highly concentrated marketable securities portfolio that dominates the company's balance sheet. |
Qualitative Assessment
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Daily Journal (DJCO) stock has gained about 5% since 11/30/2025 because of the following key factors:
1. Strong Fiscal Year 2025 Financial Performance: Daily Journal (DJCO) reported robust financial results for the fiscal year ending September 30, 2025, announced on December 29, 2025. Total consolidated revenue increased by 25% year-over-year to $87.7 million, with net income surging by 44% to $112.1 million, or $81.41 per diluted share.
2. Robust Growth in Journal Technologies Segment: The company's subsidiary, Journal Technologies, was a primary driver of the positive trend, with its revenue rising by 32% to $69.9 million in fiscal year 2025. This growth was attributed to increased consulting, public service, and license and maintenance fees.
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1. Strong Fiscal Year 2025 Financial Performance: Daily Journal (DJCO) reported robust financial results for the fiscal year ending September 30, 2025, announced on December 29, 2025. Total consolidated revenue increased by 25% year-over-year to $87.7 million, with net income surging by 44% to $112.1 million, or $81.41 per diluted share.
2. Robust Growth in Journal Technologies Segment: The company's subsidiary, Journal Technologies, was a primary driver of the positive trend, with its revenue rising by 32% to $69.9 million in fiscal year 2025. This growth was attributed to increased consulting, public service, and license and maintenance fees.
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Stock Movement Drivers
Fundamental Drivers
The 7.3% change in DJCO stock from 11/30/2025 to 3/29/2026 was primarily driven by a 13.1% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 11302025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 458.39 | 491.76 | 7.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 79 | 90 | 13.1% |
| Net Income Margin (%) | 122.2% | 104.2% | -14.7% |
| P/E Multiple | 6.5 | 7.3 | 11.3% |
| Shares Outstanding (Mil) | 1 | 1 | 0.0% |
| Cumulative Contribution | 7.3% |
Market Drivers
11/30/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| DJCO | 7.3% | |
| Market (SPY) | -5.3% | 32.5% |
| Sector (XLC) | -6.9% | 31.4% |
Fundamental Drivers
The 5.3% change in DJCO stock from 8/31/2025 to 3/29/2026 was primarily driven by a 13.1% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 8312025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 467.20 | 491.76 | 5.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 79 | 90 | 13.1% |
| Net Income Margin (%) | 122.2% | 104.2% | -14.7% |
| P/E Multiple | 6.7 | 7.3 | 9.2% |
| Shares Outstanding (Mil) | 1 | 1 | 0.0% |
| Cumulative Contribution | 5.3% |
Market Drivers
8/31/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| DJCO | 5.3% | |
| Market (SPY) | 0.6% | 26.4% |
| Sector (XLC) | -3.3% | 22.6% |
Fundamental Drivers
The 25.0% change in DJCO stock from 2/28/2025 to 3/29/2026 was primarily driven by a 25.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 2282025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 393.27 | 491.76 | 25.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 72 | 90 | 25.0% |
| Net Income Margin (%) | 106.6% | 104.2% | -2.3% |
| P/E Multiple | 7.1 | 7.3 | 2.5% |
| Shares Outstanding (Mil) | 1 | 1 | -0.1% |
| Cumulative Contribution | 25.0% |
Market Drivers
2/28/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| DJCO | 25.0% | |
| Market (SPY) | 9.8% | 36.9% |
| Sector (XLC) | 6.2% | 33.6% |
Fundamental Drivers
The 61.9% change in DJCO stock from 2/28/2023 to 3/29/2026 was primarily driven by a 64.1% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 2282023 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 303.68 | 491.76 | 61.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 55 | 90 | 64.1% |
| P/S Multiple | 7.7 | 7.6 | -1.2% |
| Shares Outstanding (Mil) | 1 | 1 | -0.1% |
| Cumulative Contribution | 61.9% |
Market Drivers
2/28/2023 to 3/29/2026| Return | Correlation | |
|---|---|---|
| DJCO | 61.9% | |
| Market (SPY) | 69.4% | 40.4% |
| Sector (XLC) | 106.7% | 32.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| DJCO Return | -12% | -30% | 36% | 67% | -14% | -0% | 20% |
| Peers Return | 32% | -20% | 32% | 21% | -14% | -21% | 14% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| DJCO Win Rate | 50% | 33% | 50% | 67% | 50% | 33% | |
| Peers Win Rate | 61% | 33% | 72% | 58% | 44% | 22% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| DJCO Max Drawdown | -26% | -34% | 0% | -8% | -36% | -4% | |
| Peers Max Drawdown | -6% | -34% | -7% | -4% | -18% | -30% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: TYL, TRI, NWSA.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)
How Low Can It Go
| Event | DJCO | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -41.6% | -25.4% |
| % Gain to Breakeven | 71.2% | 34.1% |
| Time to Breakeven | 645 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -32.9% | -33.9% |
| % Gain to Breakeven | 49.0% | 51.3% |
| Time to Breakeven | 147 days | 148 days |
| 2018 Correction | ||
| % Loss | -22.8% | -19.8% |
| % Gain to Breakeven | 29.5% | 24.7% |
| Time to Breakeven | 30 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -38.0% | -56.8% |
| % Gain to Breakeven | 61.2% | 131.3% |
| Time to Breakeven | 188 days | 1,480 days |
Compare to TYL, TRI, NWSA
In The Past
Daily Journal's stock fell -41.6% during the 2022 Inflation Shock from a high on 1/1/2021. A -41.6% loss requires a 71.2% gain to breakeven.
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About Daily Journal (DJCO)
Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, and Utah. It operates in two segments, Traditional Business and Journal Technologies. The company publishes 10 newspapers of general circulation, including Los Angeles Daily Journal, San Francisco Daily Journal, Daily Commerce, The Daily Recorder, The Inter-City Express, San Jose Post-Record, Orange County Reporter, The Daily Transcript, Business Journal, and The Record Reporter. It also provides specialized information services; and serves as an advertising and newspaper representative for commercial and public notice advertising. In addition, the company offers case management software systems and related products, including eCourt, eProsecutor, eDefender, and eProbation, which are browser-based case processing systems; eFile, a browser-based interface that allows attorneys and the general public to electronically file documents with the court; and ePayIt, a service primarily for the online payment of traffic citations. It provides its software systems and related products for courts; prosecutor and public defender offices; probation departments; and other justice agencies, including administrative law organizations, city and county governments, and bar associations to manage cases and information electronically, to interface with other justice partners, and to extend electronic services to bar members and the public in 42 states and internationally. Daily Journal Corporation was incorporated in 1987 and is based in Los Angeles, California.
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Tyler Technologies for courts and justice agencies.
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- Newspaper and Website Publishing: Publishes daily newspapers and websites covering legal and general news in California, Arizona, and Utah.
- Advertising and Newspaper Representation: Serves as an advertising and newspaper representative for commercial and public notice advertising.
- Specialized Information Services: Provides specialized information services, likely related to legal or business intelligence.
- Case Management Software Systems: Offers browser-based case processing systems (e.g., eCourt, eProsecutor) for courts and other justice agencies.
- Electronic Document Filing System (eFile): Provides a browser-based interface for attorneys and the public to electronically file documents with the court.
- Online Payment Service (ePayIt): Offers a service primarily for the online payment of traffic citations.
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Daily Journal (DJCO) primarily sells its products and services to other companies and organizations, rather than to individuals. While specific customer names are not provided in the background information, the company's major customers can be categorized as follows:
- Courts: For case management software systems (eCourt, eFile, ePayIt).
- Prosecutor and Public Defender Offices: For case management software systems (eProsecutor, eDefender).
- Probation Departments: For case management software systems (eProbation).
- Other Justice Agencies: Including administrative law organizations, city and county governments, and bar associations, for various software systems and related products.
- Commercial Businesses: For advertising services in its newspapers and websites.
- Government Entities: For public notice advertising in its newspapers and websites.
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Steven Myhill-Jones, Chairman & Chief Executive Officer
Steven Myhill-Jones was appointed Chairman and Interim Chief Executive Officer of Daily Journal Corporation in March 2022, and then became Chairman and Chief Executive Officer in October 2023. A Canada-based technology entrepreneur and investor, he founded Latitude Geographics in 1999. He led Latitude Geographics, which developed web-based geography software, until September 2018, transforming it from a services-oriented business into a software-centric one with international partners. Latitude Geographics (now VertiGIS) grew to serve a global client base of 1,400 clients, including Fortune 500 companies and the United Nations, before its acquisition in 2017. Following his exit, Mr. Myhill-Jones became an angel investor, advisor, and mentor to technology businesses and entrepreneurs through his wholly-owned company, SMJ Holdings Inc.
Erik Nakamura, Chief Financial Officer & Principal Financial Officer
Erik Nakamura was appointed Chief Financial Officer and Principal Financial Officer of Daily Journal Corporation, effective December 12, 2025, succeeding Tu To. Prior to this role, he served as the Chief Financial Officer of Journal Technologies, Inc., a subsidiary of Daily Journal. His extensive experience includes serving as chief financial officer and advisor at Orange Comet, Inc. from April 2022 to October 2024, and as chief financial officer at Nogin, Inc. from September 2021 to April 2022. Additionally, he was CFO at Dvele, Inc. from July 2019 to September 2021 and held senior finance positions at Roofstock, Inc. between 2017 and 2019. Earlier in his career, Mr. Nakamura worked at The Cooper Companies, Inc. and its subsidiary CooperVision from 2005 to 2016, at ZipRealty, Inc. from 2004 to 2005, and began as an auditor with KPMG from 2000 to 2004.
Maryjoe Rodriguez, President
As President of Daily Journal Corporation, Maryjoe Rodriguez is responsible for the organization's overall strategic vision, operational management, and long-term growth. Her leadership encompasses guiding the company's business development, fostering a strong corporate culture, and ensuring the successful execution of strategic initiatives across all departments.
Michelle Stephens, Executive Vice President of Publications
Michelle Stephens serves as the Executive Vice President of Publications for Daily Journal Corporation. She also holds the position of the company's Secretary.
Danny Hemnani, CEO of Journal Technologies
Danny Hemnani holds the position of Chief Executive Officer of Journal Technologies, a significant subsidiary of Daily Journal Corporation. In this executive leadership role, he is responsible for charting the strategic direction and overseeing the daily operations of Journal Technologies, driving innovation, product development, and the overall business growth of the company's technology solutions.
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The Daily Journal Corporation (DJCO) faces several key risks to its business operations and financial performance, primarily stemming from its significant marketable securities portfolio, the ongoing decline in its traditional publishing segment, and challenges within its Journal Technologies software division. The most significant risk to Daily Journal Corporation is the **high volatility and concentration risk associated with its large marketable securities portfolio.** This portfolio, valued at approximately $493 million as of fiscal year 2025, significantly outweighs the operating profits of its core businesses. Fluctuations in the market prices of these securities can profoundly impact the company's net income, overall valuation, and stock price. The recent passing of Charles T. Munger, who previously managed this portfolio, also introduces uncertainty regarding its future management and performance. Secondly, the company's **Traditional Business segment faces a continuing secular decline in the newspaper industry, exacerbated by potential legislative changes impacting public notice advertising.** The print media sector is experiencing long-term headwinds due to decreasing readership and advertising revenues. A substantial threat comes from possible legislative actions that could limit or eliminate the legal requirements for public notice advertising, which has historically been a crucial revenue stream for Daily Journal's newspapers. The company anticipates this segment will continue to face significant decline. Finally, the **Journal Technologies software segment carries risks related to its reliance on government agency contracts, intense competition, and the necessity for continuous technological innovation.** The segment's revenue and growth are highly dependent on securing new contracts and professional service engagements with justice agencies. Government budget constraints, particularly during economic downturns, could lead to delayed or canceled projects and non-payment of maintenance fees. Furthermore, Journal Technologies operates in a competitive market against larger vendors and must constantly invest in software development, including adapting to disruptive technologies like artificial intelligence, to remain relevant and competitive. The potential for cybersecurity breaches of its software and websites also poses an ongoing risk.AI Analysis | Feedback
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Daily Journal Corporation (DJCO) operates in two main segments: Traditional Business and Journal Technologies. The addressable market sizes for its Journal Technologies segment are as follows:
Journal Technologies (Software and Related Products)
This segment provides case management software systems and related products, including eCourt, eProsecutor, eDefender, eProbation, eFile, and ePayIt, for justice agencies in 42 states and internationally. These offerings fall under the broader categories of Legal Technology, Court Management Software, Case Management Software, and E-Filing Platforms.
- Legal Technology Market: The global legal technology market was valued at approximately USD 15.37 billion in 2023 and is projected to grow to around USD 48.41 billion by 2032, exhibiting a compound annual growth rate (CAGR) of roughly 13.60%. Another estimate places the global legal technology market size at USD 33.97 billion in 2025, with a projection to reach USD 77.93 billion by 2034. In North America, the U.S. market alone is valued at USD 7.32 billion by 2026.
- Court Management Software Market: The global court management software market was valued at USD 956.26 million in 2023 and is projected to reach USD 2,377.6 million by 2032, growing at a CAGR of 10.65%. Another report estimates the global market at USD 750 million in 2023, expected to reach USD 1.5 billion by 2032. North America is a dominant region in this market.
- Case Management Software Market: The global case management software market was estimated at USD 7.32 billion in 2023 and is anticipated to reach USD 15.00 billion by 2030, growing at a CAGR of 11.2%. Another source indicates a market size of USD 8.26 billion in 2024, projected to exceed USD 24.09 billion by 2034. The U.S. case management software market was valued at USD 2.37 billion in 2024 and is projected to reach around USD 7.05 billion by 2034.
- E-Filing Platforms Market: The global E-Filing Platforms market size was approximately USD 4.2 billion in 2023 and is projected to reach around USD 8.7 billion by 2032, with a CAGR of 8.6%. Another estimate suggests a market size between USD 4.0 billion and USD 10.0 billion by 2026. North America held the largest market share in 2023 and is expected to maintain its dominance.
Traditional Business (Newspapers, Specialized Information Services, and Advertising)
null
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Daily Journal Corporation (DJCO) is expected to drive future revenue growth over the next 2-3 years through several key initiatives, primarily centered around its high-growth Journal Technologies segment and strategic management of its Traditional Business.
- Growth in Journal Technologies' Recurring Revenue Streams: The Journal Technologies segment, which provides case management software systems and related products to justice agencies, is the primary driver of the company's revenue growth. Future expansion is expected from continued increases in recurring license and maintenance fees, as well as public service fees, including e-filing services. The company has a stated strategy to build on its recent success by growing its installed base and recurring revenue.
- Expansion of Journal Technologies' Customer Base and Market Reach: Daily Journal is focused on securing more multi-year contracts with courts and government agencies, both within its existing footprint across 42 U.S. states and internationally. This expansion of its client base for its eCourt, eProsecutor, eDefender, and eProbation systems is a critical component of its growth strategy.
- Modernization and AI Integration within Journal Technologies' Platforms: The company is investing in next-generation architecture and introducing artificial intelligence (AI) features to enhance its Journal Technologies platforms. These advancements aim to improve user experience, automate workflows, and strengthen the company's competitive position to secure new contracts and system upgrades in the justice technology market.
- Strategic Pricing and Value Optimization in the Traditional Business Segment: While facing long-term industry challenges, the Traditional Business segment, which includes its newspapers and advertising services, is expected to contribute to revenue growth through strategic pricing adjustments and maximizing remaining economic value. The company aims to provide continued value to an evolving subscriber base and manage costs with discipline, potentially utilizing new technologies like AI to streamline workflows.
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Capital Allocation Decisions for Daily Journal Corporation (DJCO)
Share Repurchases
- Daily Journal Corporation did not repurchase any shares during fiscal years 2025 and 2024.
- A stock repurchase program for the company remains in effect.
Outbound Investments
- The company holds a concentrated portfolio of marketable securities, which was valued at approximately $493.0 million as of September 30, 2025, an increase from $358.7 million a year earlier.
- In fiscal year 2024, Daily Journal sold approximately $40.6 million of marketable securities to reduce its margin loan balance.
- The company used excess cash from operations in fiscal year 2025 to pay down its margin loan principal balance by $5.5 million, reducing it to $22.0 million.
Capital Expenditures
- Daily Journal Corporation continues to invest in its Journal Technologies segment, focusing on product development, implementation capacity, and customer support.
- Operating expenses for Journal Technologies increased by approximately 12% to $56.9 million in fiscal year 2025, reflecting these investments.
- The company aims to continue investing in its businesses, particularly Journal Technologies, to drive future growth.
Latest Trefis Analyses
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Trade Ideas
Select ideas related to DJCO.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 02132026 | TYL | Tyler Technologies | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 16.7% | 16.7% | 0.0% |
| 02132026 | YELP | Yelp | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 6.2% | 6.2% | -5.7% |
| 02132026 | TRIP | Tripadvisor | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 5.2% | 5.2% | 0.0% |
| 02062026 | OMC | Omnicom | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 22.1% | 22.1% | -3.7% |
| 02062026 | MGNI | Magnite | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 20.6% | 20.6% | -0.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 211.73 |
| Mkt Cap | 14.0 |
| Rev LTM | 4,904 |
| Op Inc LTM | 681 |
| FCF LTM | 603 |
| FCF 3Y Avg | 517 |
| CFO LTM | 835 |
| CFO 3Y Avg | 744 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.1% |
| Rev Chg 3Y Avg | 6.1% |
| Rev Chg Q | 5.9% |
| QoQ Delta Rev Chg LTM | 1.5% |
| Op Mgn LTM | 14.2% |
| Op Mgn 3Y Avg | 12.1% |
| QoQ Delta Op Mgn LTM | -0.3% |
| CFO/Rev LTM | 19.9% |
| CFO/Rev 3Y Avg | 18.5% |
| FCF/Rev LTM | 18.4% |
| FCF/Rev 3Y Avg | 16.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 14.0 |
| P/S | 5.8 |
| P/EBIT | 16.2 |
| P/E | 19.2 |
| P/CFO | 18.5 |
| Total Yield | 8.1% |
| Dividend Yield | 0.7% |
| FCF Yield 3Y Avg | 2.7% |
| D/E | 0.1 |
| Net D/E | 0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -4.7% |
| 3M Rtn | -17.4% |
| 6M Rtn | -28.5% |
| 12M Rtn | -25.3% |
| 3Y Rtn | 21.7% |
| 1M Excs Rtn | 0.8% |
| 3M Excs Rtn | -9.6% |
| 6M Excs Rtn | -24.1% |
| 12M Excs Rtn | -38.1% |
| 3Y Excs Rtn | -31.3% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Journal Technologies | 53 | 51 | 38 | 34 | 35 |
| Traditional Business | 17 | 16 | 16 | 15 | 15 |
| Corporate | 0 | 0 | 0 | ||
| Total | 70 | 68 | 54 | 50 | 50 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Journal Technologies | 2 | 5 | 1 | 2 | -1 |
| Traditional Business | 2 | 2 | 1 | 0 | -1 |
| Corporate | 0 | 0 | 0 | ||
| Total | 4 | 7 | 2 | 2 | -1 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Corporate | 75 | 17 | -77 | 111 | 5 |
| Journal Technologies | 2 | 4 | 1 | 1 | -1 |
| Traditional Business | 1 | 1 | 1 | 0 | -0 |
| Total | 78 | 21 | -76 | 113 | 4 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Corporate | 359 | 303 | 268 | 340 | 180 |
| Journal Technologies | 30 | 33 | 28 | 20 | 22 |
| Traditional Business | 14 | 19 | 23 | 22 | 36 |
| Total | 404 | 355 | 319 | 383 | 239 |
Price Behavior
Price Behavior
| Market Price | $491.76 | |
| Market Cap ($ Bil) | 0.7 | |
| First Trading Date | 02/25/1992 | |
| Distance from 52W High | -26.0% | |
| 50 Days | 200 Days | |
| DMA Price | $542.32 | $469.09 |
| DMA Trend | up | down |
| Distance from DMA | -9.3% | 4.8% |
| 3M | 1YR | |
| Volatility | 58.0% | 52.4% |
| Downside Capture | 0.87 | 0.79 |
| Upside Capture | 165.57 | 116.51 |
| Correlation (SPY) | 38.2% | 35.7% |
DJCO Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.05 | 2.18 | 1.81 | 1.29 | 0.99 | 1.11 |
| Up Beta | 2.13 | 2.24 | 2.58 | 0.94 | 1.01 | 1.18 |
| Down Beta | 6.02 | 3.96 | 3.03 | 1.60 | 0.72 | 1.01 |
| Up Capture | 19% | 136% | 136% | 130% | 136% | 126% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 13 | 26 | 40 | 73 | 142 | 397 |
| Down Capture | 164% | 125% | 67% | 118% | 107% | 103% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 8 | 15 | 21 | 51 | 108 | 348 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DJCO | |
|---|---|---|---|---|
| DJCO | 34.6% | 51.7% | 0.76 | - |
| Sector ETF (XLC) | 9.1% | 18.3% | 0.33 | 32.1% |
| Equity (SPY) | 14.5% | 18.9% | 0.59 | 35.3% |
| Gold (GLD) | 50.2% | 27.7% | 1.46 | 4.4% |
| Commodities (DBC) | 17.8% | 17.6% | 0.85 | 10.7% |
| Real Estate (VNQ) | 0.4% | 16.4% | -0.15 | 21.7% |
| Bitcoin (BTCUSD) | -23.7% | 44.2% | -0.49 | 24.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DJCO | |
|---|---|---|---|---|
| DJCO | 10.7% | 39.8% | 0.37 | - |
| Sector ETF (XLC) | 8.1% | 20.7% | 0.31 | 33.3% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 39.5% |
| Gold (GLD) | 20.7% | 17.7% | 0.96 | 4.5% |
| Commodities (DBC) | 11.6% | 18.9% | 0.50 | 6.6% |
| Real Estate (VNQ) | 3.0% | 18.8% | 0.07 | 28.2% |
| Bitcoin (BTCUSD) | 4.0% | 56.6% | 0.29 | 20.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with DJCO | |
|---|---|---|---|---|
| DJCO | 10.9% | 38.0% | 0.39 | - |
| Sector ETF (XLC) | 8.7% | 22.4% | 0.47 | 37.8% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 41.9% |
| Gold (GLD) | 13.3% | 15.8% | 0.70 | 0.8% |
| Commodities (DBC) | 8.2% | 17.6% | 0.39 | 11.5% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 32.8% |
| Bitcoin (BTCUSD) | 66.4% | 66.8% | 1.06 | 15.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 12/29/2025 | 0.1% | 9.1% | 15.2% |
| SUMMARY STATS | |||
| # Positive | 1 | 1 | 1 |
| # Negative | 0 | 0 | 0 |
| Median Positive | 0.1% | 9.1% | 15.2% |
| Median Negative | |||
| Max Positive | 0.1% | 9.1% | 15.2% |
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/17/2026 | 10-Q |
| 09/30/2025 | 12/29/2025 | 10-K |
| 06/30/2025 | 08/14/2025 | 10-Q |
| 03/31/2025 | 05/20/2025 | 10-Q |
| 12/31/2024 | 02/19/2025 | 10-Q |
| 09/30/2024 | 12/31/2024 | 10-K |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 02/15/2024 | 10-Q |
| 09/30/2023 | 12/28/2023 | 10-K |
| 06/30/2023 | 08/14/2023 | 10-Q |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 02/13/2023 | 10-Q |
| 09/30/2022 | 12/19/2022 | 10-K |
| 06/30/2022 | 08/12/2022 | 10-Q |
| 03/31/2022 | 05/12/2022 | 10-Q |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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