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Quad/Graphics, Inc. QUAD R2K

Industrials · Specialty Business Services · United States
https://www.quad.com

Quad/Graphics, Inc. provides marketing solutions in North America, Mexico, Central America, the Caribbean, Europe, the Middle East, Africa, South America, and Asia. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, long-run publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; paper procurement services; and manufactures ink. The company also provides marketing and other services, including data intelligence and analytics, technology solutions, media planning, placement and optimization, creative strategy, and content creation, as well as execution in non-print digital and broadcast channels; and provides medical services. It serves blue-chip companies that operate in various industries and serve businesses and consumers across various industry verticals, including retail, consumer packaged goods and direct-to-consumer, financial services, and health. Quad/Graphics, Inc. was founded in 1971 and is headquartered in Sussex, Wisconsin.

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$7.45
+34.69% 1Y

Market & Price

Market Cap
$384.12M
Current Price
$7.45
High / Low (52W)
$8.32 / $4.81
Beta
1.17

Valuation

Stock P/E
12.84
Industry PE
28.38
Forward P/E
5.42
PEG Ratio
0.84
Book Value
$2.53
Price to Book
2.95
P/S
0.16
EV/EBITDA
4.82
Dividend Yield
5.37%

Profitability & Returns

ROCE
13.20%
ROE
25.61%
ROA
5.31%
Profit Margin
1.16%
Op Margin
4.53%
EPS (Latest Qtr)
$0.13
EPS (TTM)
$0.58

Balance Sheet & Liquidity

Debt/Equity
3.98
Quick Ratio
0.57
Current Ratio
0.94
Debt
$503.90M
Total Assets
$1.25B
Current Assets
$538.40M
Working Capital
$-85.80M

Ownership

Promoter Holding
21.63%
Chg in Prom Hold
-
FII / Inst Holding
56.59%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$880.72M
Total Revenue (TTM)
$2.37B
EBITDA
$182.60M
Free Cash Flow
$63.95M
Operating Cash Flow
$91.20M
Shares Outstanding
38.30M
Gross Margin
21.79%
Payout Ratio
56.03%

Growth (CAGR)

Revenue 5Y
-9.05%
Profit 5Y
42.66%
Revenue (YoY)
-7.70%
Earnings (YoY)
18.20%

PROS

  • Strong return on equity of 25.6%.
  • Profit CAGR of 42.7% over 5 years.
  • Attractive dividend yield of 5.37%.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -9.1% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 QUAD Quad/Graphics, Inc. R2K 7.45 12.84 $384.12M 5.37% 13.20% 25.61% -9.05% 42.66%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
Ad space

Quarterly Results

Figures in USD.

Metric Jun 2013Sep 2013Mar 2014Jun 2014Sep 2014Mar 2015Jun 2015Sep 2015Mar 2016Jun 2016Sep 2016Mar 2017Jun 2017Sep 2017Mar 2018Jun 2018Sep 2018Mar 2019Jun 2019Sep 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -----------998.60M963.20M1.01B967.50M1.02B973.50M961.00M948.90M943.60M822.50M584.50M679.30M705.80M693.90M706.10M744.20M757.70M829.90M766.50M703.10M700.20M654.80M634.20M-629.40M571.90M588.00M630.60M581.00M
Cost of Revenue -----------------------------------500.00M448.10M454.10M494.40M458.10M
Gross Profit -----------------------------------129.40M123.80M133.90M136.20M122.90M
Operating Expenses -----------------------------------103.20M100.90M100.20M100.20M96.80M
Operating Income -5.20M44.40M11.00M500.00K53.60M-11.80M-25.80M-772.10M13.00M13.30M33.80M51.00M30.10M46.80M7.10M20.90M47.00M16.40M18.70M-29.40M5.00M-2.80M6.30M21.00M48.00M28.00M5.40M14.20M25.20M100.00K8.40M13.70M-10.70M15.10M-26.20M22.90M33.70M36.00M26.10M
EBITDA -----------------------------------38.90M34.10M45.30M43.30M36.30M
Interest Expense -----------------------------------12.40M13.20M12.80M12.10M10.00M
Pretax Income -----------------------------------6.80M200.00K13.20M12.30M7.90M
Tax Provision -----------------------------------1.00M300.00K3.00M1.20M1.70M
Net Income -27.20M13.00M-8.80M-22.80M24.40M-35.20M-45.10M-552.20M3.80M-7.70M11.30M25.40M6.70M19.80M-3.50M9.40M23.40M-22.50M-14.80M-126.50M-12.40M-23.50M1.60M10.20M34.40M14.30M-1.00M5.30M13.70M-24.60M-6.10M-2.70M-28.10M-2.80M-5.80M-100.00K10.20M11.10M6.20M
Diluted EPS -0.590.26--0.50---11.500.08-0.160.220.490.130.38-0.070.180.46--0.30-2.52-0.25-0.460.030.190.660.27-0.020.100.27-0.50-0.12-0.06-0.60-0.06-0.110.000.210.220.13

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -------4.33B3.95B3.99B3.92B2.93B-3.22B2.96B2.67B2.42B
Cost of Revenue -------------2.62B2.38B2.09B1.90B
Gross Profit -------------598.20M576.50M580.00M523.30M
Operating Expenses -------------499.90M473.30M459.30M404.50M
Operating Income 112.40M61.60M156.90M106.50M142.20M141.30M-830.00M117.30M172.80M87.30M34.70M-46.00M-98.30M103.20M120.70M118.80M
EBITDA -------------207.40M156.20M122.50M161.60M
Interest Expense -------------48.40M70.00M64.50M50.50M
Pretax Income -------------17.70M-42.60M-44.50M32.50M
Tax Provision -------------8.40M12.80M6.40M5.50M
Net Income 52.80M-250.10M-46.90M87.40M32.50M18.60M-641.90M44.90M107.20M8.50M-156.30M-128.30M-9.30M-55.40M-50.90M27.00M
Diluted EPS 1.81-6.67-1.001.780.650.38-13.400.902.070.16-3.12-2.53-0.18-1.14-1.070.54
R&D Expense 14.30M17.30M16.90M13.20M13.40M11.30M10.30M9.30M9.00M3.60M3.60M3.00M3.10M3.30M3.10M3.20M2.90M

Compounded Sales Growth

5 Years:-9.05%
1 Year:-7.70%

Compounded Profit Growth

5 Years:42.66%
1 Year:18.20%

Stock Price Performance

1 Year:+34.69%
6 Months:+36.43%
3 Months:+9.27%
1 Month:+7.71%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -2.11B4.95B4.74B4.10B4.17B4.01B2.85B2.57B2.45B2.47B2.42B1.93B-1.70B1.51B1.30B1.25B
Current Assets --------------704.50M587.70M534.30M538.40M
Cash & Equivalents 18.80M8.90M20.50M25.60M16.90M13.10M9.60M24.30M19.20M64.40M69.50M78.70M55.20M-25.20M52.90M29.20M63.30M
Inventory --------------260.70M178.80M162.40M143.50M
Receivables --------------372.60M316.20M273.20M294.80M
Total Liabilities --3.45B3.43B2.86B2.88B2.86B2.42B2.13B1.93B2.01B2.17B1.84B-1.53B1.39B1.25B1.12B
Current Liabilities --902.70M928.90M752.80M888.80M862.60M807.40M774.60M745.90M851.30M813.40M682.70M-795.40M790.80M698.70M624.20M
Long Term Debt --1.42B1.34B1.21B1.27B1.30B1.24B1.02B903.50M882.60M1.06B902.70M-506.70M362.50M349.10M322.90M
Total Debt --------------685.10M625.30M464.60M444.00M
Total Equity --1.48B1.30B1.24B1.29B1.15B-441.50M522.40M442.50M226.60M84.10M-172.90M119.50M49.90M128.60M
Shares Outstanding --------------56.10M56.06M55.72M55.78M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 242.40M152.80M371.10M354.20M441.10M293.20M348.10M353.60M344.00M260.60M155.50M190.20M-154.60M147.60M112.90M95.90M
Investing Cash Flow -68.20M-118.10M-184.30M-70.10M-430.60M-224.20M-216.70M-88.80M-47.20M-120.50M-208.10M9.70M--60.50M-46.40M12.70M-27.70M
Financing Cash Flow -184.60M-30.10M-173.50M-285.60M-10.20M-71.70M-127.90M-269.30M-251.70M-133.50M61.80M-223.60M--248.70M-73.60M-149.10M-36.10M
Capital Expenditure -87.80M-112.60M-168.30M-103.50M-149.50M-139.20M-133.00M-106.10M-85.90M-96.30M-111.00M-61.00M--60.30M-70.80M-57.20M-45.20M
Free Cash Flow 154.60M40.20M202.80M250.70M291.60M154.00M215.10M247.50M258.10M164.30M44.50M129.20M-94.30M76.80M55.70M50.70M
Net Change in Cash --------------154.60M27.60M-23.50M32.10M
Share Buybacks 13.10M08.20M00008.80M3.80M36.70M0-010.00M12.60M08.00M
Dividends Paid 14.10M14.00M28.20M151.80M56.40M61.20M62.30M61.10M62.50M62.90M57.10M9.50M1.40M1.40M100.00K9.40M14.40M

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------------18.6%19.5%21.7%21.6%
Operating Margin % -------2.7%4.4%2.2%0.9%-1.6%-3.1%3.5%4.5%4.9%
Net Margin % -------1.0%2.7%0.2%-4.0%-4.4%-0.3%-1.9%-1.9%1.1%
ROE % --16.9%-3.6%7.1%2.5%1.6%-10.2%20.5%1.9%-69.0%-152.6%-5.4%-46.4%-102.0%21.0%
ROCE % -1.5%4.1%3.2%4.3%4.5%-40.7%6.5%10.1%5.4%2.2%-3.7%-10.8%14.4%20.1%18.9%

Shareholding Pattern

Insiders
21.63%
Institutions
56.59%
Public Float
72.21%

Top Institutional Holders

#Holder% HeldSharesValue
1 Miller Value Partners, LLC 6.92% 2.65M $19.75M
2 Blackrock Inc. 5.28% 2.02M $15.06M
3 Vanguard Capital Management LLC 3.62% 1.39M $10.33M
4 LSV Asset Management 3.48% 1.33M $9.94M
5 Dimensional Fund Advisors LP 2.96% 1.14M $8.46M
6 Hotchkis & Wiley Capital Management, LLC 2.67% 1.02M $7.61M
7 Renaissance Technologies, LLC 1.89% 722.40K $5.38M
8 Geode Capital Management, LLC 1.81% 692.52K $5.16M
9 State Street Corporation 1.65% 633.16K $4.72M
10 Great Valley Advisor Group, Inc. 1.62% 621.33K $4.63M

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