Financial Snapshot

Revenue
$6.373B
TTM
Gross Margin
32.1%
TTM
Net Earnings
-$1.372B
TTM
Current Assets
$3.011B
Q3 2024
Current Liabilities
$2.393B
Q3 2024
Current Ratio
125.83%
Q3 2024
Total Assets
$8.322B
Q3 2024
Total Liabilities
$6.805B
Q3 2024
Book Value
$1.517B
Q3 2024
Cash
$521.0M
Q3 2024
P/E
-0.7968
Nov 29, 2024 EST
Free Cash Flow
$512.0M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $6.886B $7.107B $7.038B $7.022B $9.066B $117.0M $9.991B $10.77B
YoY Change -3.11% 0.98% 0.23% -22.55% 7648.72% -98.83% -7.24%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $6.886B $7.107B $7.038B $7.022B $9.066B $117.0M $9.991B $10.77B
Cost Of Revenue $4.572B $4.789B $4.615B $4.396B $5.416B $5.793B $5.920B $6.510B
Gross Profit $2.314B $2.318B $2.423B $2.626B $3.650B $3.869B $4.071B $4.261B
Gross Profit Margin 33.6% 32.62% 34.43% 37.4% 40.26% 3306.84% 40.75% 39.56%

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
Selling, General & Admin $1.696B $1.760B $1.718B $1.851B $2.085B $2.379B $2.514B $2.695B
YoY Change -3.64% 2.44% -7.19% -11.22% -12.36% -5.37% -6.72%
% of Gross Profit 73.29% 75.93% 70.9% 70.49% 57.12% 61.49% 61.75% 63.25%
Research & Development $229.0M $304.0M $309.0M $311.0M $373.0M $397.0M $424.0M $476.0M
YoY Change -24.67% -1.62% -0.64% -16.62% -6.05% -6.37% -10.92%
% of Gross Profit 9.9% 13.11% 12.75% 11.84% 10.22% 10.26% 10.42% 11.17%
Depreciation & Amortization $251.0M $270.0M $327.0M $368.0M $430.0M $526.0M $527.0M $563.0M
YoY Change -7.04% -17.43% -11.14% -14.42% -18.25% -0.19% -6.39%
% of Gross Profit 10.85% 11.65% 13.5% 14.01% 11.78% 13.6% 12.95% 13.21%
Operating Expenses $1.968B $2.106B $1.718B $1.851B $2.085B $2.379B $2.514B $3.229B
YoY Change -6.55% 22.58% -7.19% -11.22% -12.36% -5.37% -22.14%
Operating Profit $346.0M $212.0M $705.0M $775.0M $1.565B $1.490B $1.557B $1.032B
YoY Change 63.21% -69.93% -9.03% -50.48% 5.03% -4.3% 50.87%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense -$80.00M -$93.00M $207.0M $215.0M $236.0M $244.0M $252.0M -$189.0M
YoY Change -13.98% -144.93% -3.72% -8.9% -3.28% -3.17% -233.33%
% of Operating Profit -23.12% -43.87% 29.36% 27.74% 15.08% 16.38% 16.18% -18.31%
Other Income/Expense, Net -$22.00M $11.00M $85.00M $36.00M -$29.00M -$158.0M -$208.0M -$33.00M
YoY Change -300.0% -87.06% 136.11% -224.14% -81.65% -24.04% 530.3%

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
Pretax Income -$28.00M -$328.0M -$343.0M $353.0M $679.0M $331.0M $354.0M $568.0M
YoY Change -91.46% -4.37% -197.17% -48.01% 105.14% -6.5% -37.68%
Income Tax -$29.00M -$3.000M -$17.00M $64.00M $179.0M $247.0M $468.0M $62.00M
% Of Pretax Income 18.13% 26.36% 74.62% 132.2% 10.92%
Net Earnings -$13.00M -$336.0M -$455.0M $192.0M $1.353B $361.0M $195.0M -$471.0M
YoY Change -96.13% -26.15% -336.98% -85.81% 274.79% 85.13% -141.4%
Net Earnings / Revenue -0.19% -4.73% -6.46% 2.73% 14.92% 308.55% 1.95% -4.37%
Basic Earnings Per Share -$0.09 -$2.15 -$2.56 $0.85 $6.03 $1.40 $0.71
Diluted Earnings Per Share -$0.09 -$2.154M -$2.56 $0.84 $5.80 $1.38 $0.71 -$1.859M

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
Cash & Short-Term Investments $519.0M $1.045B $1.840B $2.625B $2.740B $1.081B $1.293B $2.223B
YoY Change -50.33% -43.21% -29.9% -4.2% 153.47% -16.4% -41.84%
Cash & Equivalents $519.0M $1.045B $1.840B $2.625B $2.740B $1.081B $1.293B $2.223B
Short-Term Investments
Other Short-Term Assets $234.0M $254.0M $200.0M $222.0M $174.0M $196.0M $193.0M $1.444B
YoY Change -7.87% 27.0% -9.91% 27.59% -11.22% 1.55% -86.63%
Inventory $661.0M $797.0M $696.0M $843.0M $694.0M $829.0M $915.0M $841.0M
Prepaid Expenses
Receivables $921.0M $950.0M $912.0M $982.0M $1.347B $1.375B $1.469B $1.051B
Other Receivables $842.0M $1.061B $1.053B $1.111B $1.185B $1.232B $1.360B $1.433B
Total Short-Term Assets $3.177B $4.107B $4.701B $5.783B $6.140B $4.713B $5.230B $6.992B
YoY Change -22.64% -12.64% -18.71% -5.81% 30.28% -9.89% -25.2%
Property, Plant & Equipment $531.0M $555.0M $875.0M $1.013B $1.109B $940.0M $1.083B $1.135B
YoY Change -4.32% -36.57% -13.62% -8.66% 17.98% -13.2% -4.58%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $80.00M $74.00M $71.00M $65.00M $65.00M $59.00M $1.422B $1.435B
YoY Change 8.11% 4.23% 9.23% 0.0% 10.17% -95.85% -0.91%
Other Assets $1.794B $1.905B $2.016B $1.463B $1.421B $2.773B $1.471B $1.758B
YoY Change -5.83% -5.51% 37.8% 2.96% -48.76% 88.51% -16.33%
Total Long-Term Assets $6.846B $7.436B $8.522B $8.958B $8.907B $10.16B $10.72B $11.06B
YoY Change -7.93% -12.74% -4.87% 0.57% -12.34% -5.18% -3.1%
Total Assets $10.02B $11.54B $13.22B $14.74B $15.05B $14.87B $15.95B $18.05B
YoY Change
Accounts Payable $1.044B $1.331B $1.069B $983.0M $1.053B $1.073B $1.108B $1.126B
YoY Change -21.56% 24.51% 8.75% -6.65% -1.86% -3.16% -1.6%
Accrued Expenses $1.183B $1.139B $397.0M $482.0M $544.0M $482.0M $593.0M $596.0M
YoY Change 3.86% 186.9% -17.63% -11.4% 12.86% -18.72% -0.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $6.000M $4.000M
YoY Change -100.0% 50.0%
Long-Term Debt Due $567.0M $860.0M $652.0M $396.0M $1.051B $961.0M $276.0M $1.007B
YoY Change -34.07% 31.9% 64.65% -62.32% 9.37% 248.19% -72.59%
Total Short-Term Liabilities $2.794B $3.330B $2.829B $2.478B $3.435B $3.251B $2.741B $4.654B
YoY Change -16.1% 17.71% 14.16% -27.86% 5.66% 18.61% -41.1%
Long-Term Debt $2.710B $2.866B $3.601B $4.057B $3.238B $4.269B $5.235B $5.305B
YoY Change -5.44% -20.41% -11.24% 25.29% -24.15% -18.45% -1.32%
Other Long-Term Liabilities $1.747B $1.770B $2.018B $2.361B $2.529B $2.050B $2.421B $3.089B
YoY Change -1.3% -12.29% -14.53% -6.64% 23.37% -15.32% -21.63%
Total Long-Term Liabilities $4.457B $4.636B $5.619B $6.418B $5.767B $6.319B $7.656B $8.394B
YoY Change -3.86% -17.49% -12.45% 11.29% -8.74% -17.46% -8.79%
Total Liabilities $7.271B $7.986B $8.573B $8.935B $9.246B $9.655B $10.48B $13.13B
YoY Change -8.95% -6.85% -4.05% -3.36% -4.24% -7.84% -20.2%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding 149.1M shares 156.0M shares 183.2M shares 209.0M shares 222.0M shares 248.7M shares 254.3M shares
Diluted Shares Outstanding 183.2M shares 209.0M shares 222.0M shares 251.7M shares 256.6M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

Stock Price

Market Cap: $1.0932 Billion

About Xerox Holdings Corp

Xerox Holdings Corp. is a workplace technology company, which builds and integrates software and hardware for enterprises. The company is headquartered in Norwalk, Connecticut and currently employs 17,300 full-time employees. The firm's segments include Print and Other and FITTLE. Its Print and Other segment includes the sale of document systems, supplies and technical services and managed services. The segment also includes the delivery of managed services that involve a continuum of solutions and services that help its customers optimize their print and communications infrastructure, apply automation and simplification to maximize productivity, and ensure the highest levels of security. This segment also includes information technology (IT) services and software. Its product groupings range from Entry, Mid-Range and High-End. The FITTLE segment provides leasing solutions and offers leasing for direct channel customer purchases of Xerox solutions through bundled lease agreements and lease financing to end-user customers who purchase Xerox solutions through its indirect channels.

Industry: Computer Peripheral Equipment, NEC Peers: Apple Inc. 3D SYSTEMS CORP AVID TECHNOLOGY, INC. Corsair Gaming, Inc. IonQ, Inc. Hewlett Packard Enterprise Co NetApp, Inc. Pure Storage, Inc. Super Micro Computer, Inc. WESTERN DIGITAL CORP