Quad/Graphics, Inc. - Understand $quad stock

$QUAD Market Cap: $431.9 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$2.752B

TTM

Gross Margin

20.99%

TTM

Net Earnings

-$77.60M

TTM

Current Assets

$591.9M

Q3 2024

Current Liabilities

$698.1M

Q3 2024

Current Ratio

84.79%

Q3 2024

Total Assets

$1.389B

Q3 2024

Total Liabilities

$1.338B

Q3 2024

Book Value

$50.90M

Q3 2024

Cash

$12.50M

Q3 2024

P/E

-5.565

Nov 29, 2024 EST

Free Cash Flow

$3.600M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$2.958B	$3.217B	$2.960B	$2.930B	$3.923B	$4.194B	$4.131B	$4.330B	$4.597B	$4.778B	$4.796B	$4.094B	$4.325B	$3.186B	$1.789B	$2.267B	$2.049B
YoY Change	-8.06%	8.67%	1.05%	-25.33%	-6.45%	1.51%	-4.58%	-5.82%	-3.78%	-0.38%	17.14%	-5.33%	35.75%	78.13%	-21.1%	10.64%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$2.958B	$3.217B	$2.960B	$2.930B	$3.923B	$4.194B	$4.131B	$4.330B	$4.597B	$4.778B	$4.796B	$4.094B	$4.325B	$3.186B	$1.789B	$2.267B	$2.049B
Cost Of Revenue	$2.381B	$2.619B	$2.390B	$2.335B	$3.192B	$3.221B	$3.091B	$3.395B	$3.680B	$3.807B	$3.802B	$3.184B	$3.302B	$2.406B	$1.274B	$1.681B	$1.420B
Gross Profit	$576.5M	$598.2M	$570.5M	$594.8M	$731.2M	$972.3M	$1.040B	$934.7M	$916.8M	$970.5M	$994.0M	$910.5M	$1.023B	$779.5M	$514.3M	$586.1M	$629.1M
Gross Profit Margin	19.49%	18.59%	19.27%	20.3%	18.64%	23.18%	25.18%	21.59%	19.94%	20.31%	20.73%	22.24%	23.64%	24.47%	28.76%	25.86%	30.71%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Selling, General & Admin	$344.5M	$358.6M	$326.0M	$335.1M	$397.6M	$358.9M	$408.7M	$466.7M	$448.3M	$425.5M	$416.0M	$347.1M	$407.0M	$303.0M	$194.0M	$196.7M	$193.3M
YoY Change	-3.93%	10.0%	-2.72%	-15.72%	10.78%	-12.18%	-12.43%	4.1%	5.36%	2.28%	19.85%	-14.72%	34.32%	56.19%	-1.37%	1.76%
% of Gross Profit	59.76%	59.95%	57.14%	56.34%	54.38%	36.91%	39.29%	49.93%	48.9%	43.84%	41.85%	38.12%	39.8%	38.87%	37.72%	33.56%	30.73%
Research & Development	$3.100M	$3.300M	$3.100M	$3.000M	$3.600M	$3.600M	$9.000M	$9.300M	$10.30M	$11.30M	$13.40M	$13.20M	$16.90M	$17.30M	$14.30M
YoY Change	-6.06%	6.45%	3.33%	-16.67%	0.0%	-60.0%	-3.23%	-9.71%	-8.85%	-15.67%	1.52%	-21.89%	-2.31%	20.98%
% of Gross Profit	0.54%	0.55%	0.54%	0.5%	0.49%	0.37%	0.87%	0.99%	1.12%	1.16%	1.35%	1.45%	1.65%	2.22%	2.78%
Depreciation & Amortization	$100.9M	$110.4M	$125.8M	$142.5M	$164.7M	$180.5M	$200.2M	$226.4M	$245.7M	$260.5M	$270.2M	$272.3M	$278.8M	$233.4M	$194.6M	$204.3M	$184.9M
YoY Change	-8.61%	-12.24%	-11.72%	-13.48%	-8.75%	-9.84%	-11.57%	-7.86%	-5.68%	-3.59%	-0.77%	-2.33%	19.45%	19.94%	-4.75%	10.49%
% of Gross Profit	17.5%	18.46%	22.05%	23.96%	22.52%	18.56%	19.25%	24.22%	26.8%	26.84%	27.18%	29.91%	27.27%	29.94%	37.84%	34.86%	29.39%
Operating Expenses	$347.6M	$361.9M	$329.1M	$338.1M	$401.2M	$362.5M	$417.7M	$476.0M	$458.6M	$436.8M	$429.4M	$360.3M	$423.9M	$320.3M	$208.3M	$401.0M	$378.2M
YoY Change	-3.95%	9.97%	-2.66%	-15.73%	10.68%	-13.22%	-12.25%	3.79%	4.99%	1.72%	19.18%	-15.0%	32.34%	53.77%	-48.05%	6.03%
Operating Profit	$25.70M	$53.50M	$92.80M	-$46.00M	$34.70M	$87.30M	$172.8M	$117.3M	-$830.0M	$141.3M	$142.2M	$106.5M	$156.9M	$61.60M	$112.4M	$185.1M	$250.9M
YoY Change	-51.96%	-42.35%	-301.74%	-232.56%	-60.25%	-49.48%	47.31%	-114.13%	-687.4%	-0.63%	33.52%	-32.12%	154.71%	-45.2%	-39.28%	-26.23%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Interest Expense	$70.00M	$48.40M	$59.60M	$68.80M	$90.00M	$73.20M	$70.90M	$77.20M	$88.40M	$92.90M	$85.50M	$84.00M	$108.0M	$92.90M	$64.10M	-$74.60M	-$68.80M
YoY Change	44.63%	-18.79%	-13.37%	-23.56%	22.95%	3.24%	-8.16%	-12.67%	-4.84%	8.65%	1.79%	-22.22%	16.25%	44.93%	-185.92%	8.43%
% of Operating Profit	272.37%	90.47%	64.22%		259.37%	83.85%	41.03%	65.81%		65.75%	60.13%	78.87%	68.83%	150.81%	57.03%	-40.3%	-27.42%
Other Income/Expense, Net	$1.700M	$12.60M	$14.50M	$10.50M	$6.000M	$12.40M	$9.600M
YoY Change	-86.51%	-13.1%	38.1%	75.0%	-51.61%	29.17%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Pretax Income	-$42.60M	-$13.90M	$52.40M	-$108.8M	-$94.10M	$23.60M	$83.30M	$48.40M	-$855.1M	$57.40M	$83.00M	$69.10M	$41.80M	$59.30M	$72.60M	$99.70M	$177.9M
YoY Change	206.47%	-126.53%	-148.16%	15.62%	-498.73%	-71.67%	72.11%	-105.66%	-1589.72%	-30.84%	20.12%	65.31%	-29.51%	-18.32%	-27.18%	-43.96%
Income Tax	$12.80M	$8.400M	$9.500M	$300.0K	-$24.40M	-$2.400M	-$9.200M	$13.00M	-$282.8M	$20.20M	$23.30M	-$31.50M	$26.00M	$223.2M	$1.500M	$3.700M	$2.000M
% Of Pretax Income			18.13%			-10.17%	-11.04%	26.86%		35.19%	28.07%	-45.59%	62.2%	376.39%	2.07%	3.71%	1.12%
Net Earnings	-$55.40M	$9.300M	$37.80M	-$128.3M	-$156.3M	$8.500M	$107.2M	$44.90M	-$641.9M	$18.60M	$32.50M	$87.40M	-$46.90M	-$250.1M	$52.80M	$109.1M	$178.4M
YoY Change	-695.7%	-75.4%	-129.46%	-17.91%	-1938.82%	-92.07%	138.75%	-106.99%	-3551.08%	-42.77%	-62.81%	-286.35%	-81.25%	-573.67%	-51.6%	-38.85%
Net Earnings / Revenue	-1.87%	0.29%	1.28%	-4.38%	-3.98%	0.2%	2.59%	1.04%	-13.96%	0.39%	0.68%	2.13%	-1.08%	-7.85%	2.95%	4.81%	8.71%
Basic Earnings Per Share	-$1.14	$0.18	$0.74	-$2.53	-$3.12	$0.17	$2.16	$0.94	-$13.40	$0.39	$0.67	$1.80	-$1.00	-$6.67	$1.87
Diluted Earnings Per Share	-$1.14	$0.18	$0.71	-$2.53	-$3.12	$0.16	$2.07	$0.90	-$13.40	$0.38	$0.65	$1.78	-$1.00	-$6.67	$1.81	$3.673M	$5.830M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Cash & Short-Term Investments	$52.90M	$25.20M	$179.9M	$55.20M	$78.70M	$69.50M	$64.30M	$9.000M	$10.80M	$9.600M	$13.10M	$16.90M	$25.60M	$20.50M	$8.900M	$18.80M
YoY Change	109.92%	-85.99%	225.91%	-29.86%	13.24%	8.09%	614.44%	-16.67%	12.5%	-26.72%	-22.49%	-33.98%	24.88%	130.34%	-52.66%
Cash & Equivalents	$52.90M	$25.20M	$179.9M	$55.20M	$78.70M	$69.50M	$64.30M	$9.000M	$10.80M	$9.600M	$13.10M	$16.90M	$25.60M	$20.50M	$8.900M	$18.80M
Short-Term Investments
Other Short-Term Assets	$39.80M	$46.00M	$41.00M	$54.70M	$165.6M	$47.80M	$45.20M	$64.60M	$51.70M	$70.30M	$89.80M	$145.1M	$310.1M	$157.1M	$12.70M	$13.10M
YoY Change	-13.48%	12.2%	-25.05%	-66.97%	246.44%	5.75%	-30.03%	24.95%	-26.46%	-21.71%	-38.11%	-53.21%	97.39%	1137.01%	-3.05%
Inventory	$178.8M	$260.7M	$226.2M	$170.2M	$210.5M	$300.6M	$246.5M	$265.4M	$280.1M	$287.8M	$272.5M	$242.9M	$249.5M	$247.4M	$87.30M	$100.8M
Prepaid Expenses
Receivables	$316.2M	$372.6M	$362.0M	$399.1M	$456.1M	$528.7M	$552.5M	$563.6M	$648.7M	$766.2M	$698.9M	$585.1M	$656.1M	$786.4M	$227.2M	$296.9M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$587.7M	$704.5M	$809.1M	$679.2M	$910.9M	$946.6M	$908.5M	$902.6M	$991.3M	$1.134B	$1.074B	$990.0M	$1.241B	$1.211B	$336.1M	$429.6M
YoY Change	-16.58%	-12.93%	19.13%	-25.44%	-3.77%	4.19%	0.65%	-8.95%	-12.58%	5.55%	8.52%	-20.24%	2.47%	260.43%	-21.76%
Property, Plant & Equipment	$717.2M	$783.2M	$852.7M	$965.2M	$1.134B	$1.257B	$1.378B	$1.520B	$1.676B	$1.856B	$1.926B	$1.926B	$2.123B	$2.318B	$1.677B	$1.811B
YoY Change	-8.43%	-8.15%	-11.66%	-14.92%	-9.78%	-8.73%	-9.36%	-9.3%	-9.68%	-3.64%	-0.05%	-9.27%	-8.39%	38.19%	-7.37%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments			$0.00	$2.600M	$3.600M	$4.000M	$3.600M	$3.600M	$4.400M	$42.00M	$57.10M	$72.00M	$69.40M	$82.50M	$40.70M	$22.00M
YoY Change			-100.0%	-27.78%	-10.0%	11.11%	0.0%	-18.18%	-89.52%	-26.44%	-20.69%	3.75%	-15.88%	102.7%	85.0%
Other Assets	$80.00M	$80.80M	$66.50M	$73.40M	$128.0M	$93.90M	$119.3M	$84.30M	$65.50M	$52.80M	$113.9M	$112.0M	$218.5M	$152.3M	$5.500M	$14.90M
YoY Change	-0.99%	21.5%	-9.4%	-42.66%	36.32%	-21.29%	41.52%	28.7%	24.05%	-53.64%	1.7%	-48.74%	43.47%	2669.09%	-63.09%
Total Long-Term Assets	$922.0M	$997.3M	$1.081B	$1.249B	$1.506B	$1.523B	$1.544B	$1.668B	$1.856B	$2.875B	$3.091B	$3.109B	$3.494B	$3.736B	$1.773B	$1.897B
YoY Change	-7.55%	-7.73%	-13.42%	-17.11%	-1.07%	-1.39%	-7.41%	-10.17%	-35.43%	-7.0%	-0.56%	-11.02%	-6.47%	110.68%	-6.52%
Total Assets	$1.510B	$1.702B	$1.890B	$1.928B	$2.417B	$2.469B	$2.452B	$2.570B	$2.848B	$4.009B	$4.166B	$4.099B	$4.735B	$4.947B	$2.109B	$2.326B
YoY Change
Accounts Payable	$373.6M	$456.6M	$367.3M	$320.0M	$416.7M	$511.0M	$381.6M	$323.5M	$358.8M	$406.9M	$401.0M	$285.8M	$301.9M	$332.4M	$105.0M	$154.9M
YoY Change	-18.18%	24.31%	14.78%	-23.21%	-18.45%	33.91%	17.96%	-9.84%	-11.82%	1.47%	40.31%	-5.33%	-9.18%	216.57%	-32.21%
Accrued Expenses	$263.0M	$204.9M	$255.3M	$339.2M	$333.2M	$292.3M	$316.7M	$356.7M	$347.5M	$358.1M	$350.7M	$334.0M	$393.9M	$305.0M	$144.8M	$186.8M
YoY Change	28.36%	-19.74%	-24.73%	1.8%	13.99%	-7.7%	-11.21%	2.65%	-2.96%	2.11%	5.0%	-15.21%	29.15%	110.64%	-22.48%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$154.2M	$61.90M	$247.4M	$23.50M	$47.70M	$48.00M	$47.60M	$92.10M	$99.70M	$96.20M	$134.6M	$123.7M	$102.8M	$117.1M	$107.7M	$50.70M
YoY Change	149.11%	-74.98%	952.77%	-50.73%	-0.63%	0.84%	-48.32%	-7.62%	3.64%	-28.53%	8.81%	20.33%	-12.21%	8.73%	112.43%
Total Short-Term Liabilities	$790.8M	$795.4M	$957.1M	$682.7M	$813.4M	$851.3M	$745.9M	$774.6M	$807.4M	$862.6M	$888.8M	$752.8M	$928.9M	$902.7M	$364.4M	$392.4M
YoY Change	-0.58%	-16.89%	40.19%	-16.07%	-4.45%	14.13%	-3.71%	-4.06%	-6.4%	-2.95%	18.07%	-18.96%	2.9%	147.72%	-7.14%
Long-Term Debt	$368.5M	$508.3M	$556.3M	$904.7M	$1.065B	$892.9M	$917.2M	$1.044B	$1.257B	$1.318B	$1.290B	$1.251B	$1.406B	$1.514B	$765.5M	$967.3M
YoY Change	-27.5%	-8.63%	-38.51%	-15.01%	19.22%	-2.65%	-12.15%	-16.92%	-4.68%	2.19%	3.15%	-11.06%	-7.11%	97.79%	-20.86%
Other Long-Term Liabilities	$225.8M	$215.9M	$227.9M	$251.3M	$292.1M	$232.6M	$225.0M	$274.6M	$300.5M	$339.3M	$303.9M	$495.7M	$624.6M	$614.4M	$181.4M	$207.3M
YoY Change	4.59%	-5.27%	-9.31%	-13.97%	25.58%	3.38%	-18.06%	-8.62%	-11.44%	11.65%	-38.69%	-20.64%	1.66%	238.7%	-12.49%
Total Long-Term Liabilities	$594.3M	$724.2M	$784.2M	$1.156B	$1.357B	$1.126B	$1.142B	$1.319B	$1.557B	$1.658B	$1.594B	$1.747B	$2.031B	$2.129B	$946.9M	$1.175B
YoY Change	-17.94%	-7.65%	-32.16%	-14.79%	20.53%	-1.46%	-13.38%	-15.32%	-6.06%	3.99%	-8.73%	-14.01%	-4.58%	124.79%	-19.39%
Total Liabilities	$1.390B	$1.529B	$1.753B	$1.844B	$2.191B	$2.027B	$1.930B	$2.129B	$2.424B	$2.856B	$2.877B	$2.864B	$3.433B	$3.466B	$1.328B	$1.581B
YoY Change	-9.07%	-12.79%	-4.9%	-15.84%	8.09%	5.01%	-9.33%	-12.17%	-15.15%	-0.71%	0.46%	-16.58%	-0.96%	161.05%	-16.02%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	48.40M shares	50.70M shares	51.30M shares	50.60M shares	50.00M shares	49.80M shares	49.60M shares	47.90M shares	47.90M shares	47.50M shares	47.00M shares	46.80M shares	47.10M shares	37.50M shares	28.30M shares
Diluted Shares Outstanding	48.40M shares	52.50M shares	53.00M shares	50.60M shares	50.00M shares	51.60M shares	51.80M shares	49.80M shares	47.90M shares	48.50M shares	48.00M shares	47.20M shares	47.10M shares	37.50M shares	29.20M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $431.86 Million

About Quad/Graphics, Inc.

Quad/Graphics, Inc. engages in the provision of print solutions, media solutions, and logistics services. The company is headquartered in Sussex, Wisconsin and currently employs 13,150 full-time employees. The company went IPO on 2010-07-06. The firm's segments include the United States Print and Related Services and International. The United States Print and Related Services segment consists of its United States printing operations and is managed as one integrated platform. This includes print execution and logistics for retail inserts, catalogs, long-run publications, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products, along with global paper procurement, and marketing and other complementary services, such as data intelligence and analytics, technology solutions, media planning, placement and optimization, creative strategy and content creation. The International segment consists of its printing operations in Europe and Latin America, including operations in England, France, Germany, Poland, Colombia, Mexico and Peru.

Industry: Commercial Printing Peers: BRADY CORP DELUXE CORP DSS, INC. ENNIS, INC. Shapeways Holdings, Inc.