THRY · CIK 0001556739 · FY2025 live · 2025-12-31
Thryv Holdings, Inc.
View as
Model
Z″
FY2025
−1.68
Zone
Distress
Prior
—
Market DD
—
1y PD
—
−1.68
Classic Z 0.53
Z″ −1.68 · distress below 1.10, grey to 2.60, safe above.
Z″ factor contributions
X1 Working capital / assets
Short-term liquidity. Carries more weight in Z″ than in classic Z.
−0.006.56 × = −0.01X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−0.833.26 × = −2.71X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
0.086.72 × = 0.55X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names keep turnover from dragging the score.
0.461.05 × = 0.49
Five-year path
Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings.
Meridian Rank
26.36
0–100 · Z″ family
Book standing
22
Year change
—
Market PD
—
O-score
38
Events on this name
Same published rows as Today.
No published events on this print.
Overview
rule-v1
Thryv Holdings, Inc. is on Z″ at −1.68 (distress) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print. This is the first live year on the desk. No market tape loaded. Z″ omits sales/assets so asset-light names keep turnover from dragging the score. X4 is book equity on every name.
Book screen Distress; market PD —. Market PD has not been priced on this name.
Market DD · naive Merton
No market tape yet.
Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.
Sector peers
Closest Z″ scores · 18th percentile in Industrials.
- CTEVDistressClaritev Corp−1.67
- GETYDistressGetty Images Holdings, Inc.−1.64
- FISDistressFidelity National Information Services, Inc.−1.73
- XBPDistressXBP Global Holdings, Inc.−1.75
- AALDistressAmerican Airlines Group Inc.−1.56
- NCLHDistressNorwegian Cruise Line Holdings Ltd.−1.48
- ABSIDistressAbsci Corp−1.90
- FORRDistressFORRESTER RESEARCH, INC.−1.42
Filing line items
Current assets
$179M
Total assets
$689M
Current liabilities
$180M
Total liabilities
$470M
Working capital
−$736K
Retained earnings
−$572M
EBIT
$57M
Total sales
$785M
Book equity
$218M
Accession 0001556739-26-000013. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Z″ is the live score. View as is a display overlay. X4 is book equity. Pulled 14 Sept 2026.