Event-Driven Stocks

Activision Blizzard, Inc.

Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕

Signs5 good1 warningdetails ↓

Financials

SEC XBRL · annual
 FY22FY21FY20FY19FY18FY17
Revenue$7.53B$8.80B$8.09B$6.49B$7.50B$1.73B
Operating income$1.67B$3.26B$2.73B$1.61B$1.99B$493.0M
Net income$1.51B$2.70B$2.20B$1.50B$1.85B$426.0M
Total assets$27.38B$25.06B$23.11B$19.84B$17.84B$18.67B
Total liabilities$8.14B$7.46B$8.07B$7.04B$6.48B$9.21B
Equity$19.24B$17.60B$15.04B$12.80B$11.39B$9.46B
EPS (diluted)$1.92$3.44$2.82$1.95$2.40$0.56
Shares out.779.2M774.8M769.2M763.8M758.6M751.8M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2022
Operating margin
22.2%
Net margin
20.1%
Return on equity
7.9%
Return on assets
5.5%
Return on capital (ROCE)
7.0%
Liabilities / assets
29.7%
Debt / equity
0.42×
Book value / share
$24.69
Revenue growth (YoY)
−14.5%
Net income growth (YoY)
−43.9%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2022
Altman Z″ (distress)
7.07safe
Accruals / assets
2.6%clean
Piotroski F-Score
4/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
67
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 warning5 good
  • Revenue declined year-over-year
  • Operating margin is positive
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
5 acquisitions7 disposalsnet 3.8M shares · last 12
InsiderDateTypeSharesPrice
Microsoft Corp10% ownerFeb 22, 2024Sell1.0M$1.95
Zerza ArminOfficer — Chief Financial OfficerOct 12, 2023Grant21,053$0.00
Yang JesseOfficer — Dep CFO, Comptr &amp; Pr Acctg OffOct 12, 2023Grant2,632$0.00
Kotick Robert AOfficer — Chief Executive OfficerOct 13, 2023D2.7M
Hodges JulieOfficer — Chief People OfficerOct 12, 2023Grant10,526$0.00
Dixton Grant MichaelOfficer — Chief Legal OfficerOct 12, 2023Grant10,526$0.00
Bulatao BrianOfficer — Chief Administrative OfficerOct 12, 2023Grant21,053$0.00
Ostroff DawnDirectorOct 13, 2023D12,314
Nolan Peter JDirectorOct 13, 2023D77,775
Morgado Robert JDirectorOct 13, 2023D6,206
Meyer BarryDirectorOct 13, 2023D58,599
Kelly Brian GDirectorOct 13, 2023D29,102

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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