Veritiv Corporation
NYSE:VRTV
169.99 (USD) • At close November 29, 2023
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q3 | 2015 Q2 | 2015 Q1 | 2014 Q4 | 2014 Q3 | 2014 Q2 | 2014 Q1 | 2013 Q4 | 2013 Q3 | 2013 Q2 | 2013 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue
| 1,457.3 | 1,510.2 | 1,663.4 | 1,804.1 | 1,820.7 | 1,858.1 | 1,864.8 | 1,767.8 | 1,658.6 | 1,559.3 | 1,642.3 | 1,591.2 | 1,404.8 | 1,707.3 | 1,835.2 | 1,924.5 | 1,958.2 | 1,941.5 | 2,230.8 | 2,192.5 | 2,171.9 | 2,101 | 2,224.4 | 2,116.8 | 2,028.9 | 1,994.6 | 2,119.4 | 2,126.6 | 2,060.8 | 2,019.8 | 2,200.7 | 2,219.8 | 2,159.3 | 2,137.9 | 2,379.8 | 2,390.3 | 1,329 | 1,307.4 | 1,418.3 | 1,442.8 | 1,402.9 | 1,388.4 |
| Cost of Revenue
| 1,096.6 | 1,144.1 | 1,271.4 | 1,388.3 | 1,410.9 | 1,455.4 | 1,458.7 | 1,402.1 | 1,319 | 1,238.1 | 1,311.4 | 1,262.4 | 1,106.8 | 1,359.6 | 1,479.7 | 1,550.8 | 1,584.3 | 1,591.4 | 1,831.9 | 1,805.8 | 1,788.5 | 1,729.5 | 1,820.2 | 1,736.6 | 1,660.5 | 1,629.3 | 1,740.2 | 1,743.8 | 1,687.9 | 1,654.5 | 1,804.3 | 1,825.8 | 1,768.3 | 1,761.9 | 1,988.6 | 1,987.1 | 1,116.7 | 1,088.5 | 1,191.3 | 1,214.1 | 1,172.1 | 1,159.3 |
| Gross Profit
| 360.7 | 366.1 | 392 | 415.8 | 409.8 | 402.7 | 406.1 | 365.7 | 339.6 | 321.2 | 330.9 | 328.8 | 298 | 347.7 | 355.5 | 373.7 | 373.9 | 350.1 | 398.9 | 386.7 | 383.4 | 371.5 | 404.2 | 380.2 | 368.4 | 365.3 | 379.2 | 382.8 | 372.9 | 365.3 | 396.4 | 394 | 391 | 376 | 391.2 | 403.2 | 212.3 | 218.9 | 227 | 228.7 | 230.8 | 229.1 |
| Gross Profit Ratio
| 0.248 | 0.242 | 0.236 | 0.23 | 0.225 | 0.217 | 0.218 | 0.207 | 0.205 | 0.206 | 0.201 | 0.207 | 0.212 | 0.204 | 0.194 | 0.194 | 0.191 | 0.18 | 0.179 | 0.176 | 0.177 | 0.177 | 0.182 | 0.18 | 0.182 | 0.183 | 0.179 | 0.18 | 0.181 | 0.181 | 0.18 | 0.177 | 0.181 | 0.176 | 0.164 | 0.169 | 0.16 | 0.167 | 0.16 | 0.159 | 0.165 | 0.165 |
| Reseach & Development Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & Administrative Expenses
| 163.5 | 171.4 | 189.2 | 194.9 | 180.7 | 187.9 | 198.8 | 189.7 | 177.8 | 166.4 | 172.5 | 177.4 | 164.4 | 203.6 | 191.7 | 204.3 | 211.2 | 216.1 | 211.5 | 209.8 | 223.6 | 222.7 | 222.2 | 228.7 | 210.1 | 211.6 | 210.3 | 207.3 | 207.7 | 200.9 | 218.2 | 207.1 | 218 | 210.6 | 219.9 | 212.9 | 132 | 128.6 | 139.3 | 134 | 135.8 | 139.1 |
| Selling & Marketing Expenses
| 88.7 | 89.7 | 94.7 | 93.4 | 98.2 | 112.2 | 110.4 | 103.4 | 104 | 101.5 | 105.9 | 100.6 | 99.9 | 123.4 | 121.9 | 124.9 | 132 | 130.4 | 150.4 | 135 | 132 | 133.1 | 136 | 132 | 122.7 | 126.2 | 129.9 | 126 | 121.7 | 127.5 | 131.8 | 129.8 | 129.5 | 130.7 | 136.8 | 138.2 | 72 | 77.1 | 79.4 | 75.4 | 77.9 | 81.5 |
| SG&A
| 252.2 | 261.1 | 283.9 | 288.3 | 278.9 | 300.1 | 309.2 | 293.1 | 281.8 | 267.9 | 278.4 | 278 | 264.3 | 327 | 313.6 | 329.2 | 343.2 | 346.5 | 361.9 | 344.8 | 355.6 | 355.8 | 358.2 | 360.7 | 332.8 | 337.8 | 340.2 | 333.3 | 329.4 | 328.4 | 350 | 336.9 | 347.5 | 341.3 | 356.7 | 351.1 | 204 | 205.7 | 218.7 | 209.4 | 213.7 | 220.6 |
| Other Expenses
| 1.9 | 10.1 | 11 | 10.8 | 11.1 | 12.7 | 0.9 | 1.1 | 1.7 | 1 | 0 | -1.4 | 1.3 | 0.1 | -0.3 | 2.5 | -7.6 | -6.2 | 2.5 | 0.4 | 2.9 | 10.5 | 9.3 | 0.5 | -0.6 | -1.1 | -1.3 | -1.2 | -3.6 | -1.5 | -3 | -1.7 | 1.5 | -3.5 | -1.1 | -0.6 | 0.1 | 0.5 | -0.1 | 0.2 | 0.6 | 1.5 |
| Operating Expenses
| 261.8 | 271.2 | 294.9 | 299.1 | 290 | 312.8 | 322.3 | 306.4 | 296.1 | 282.4 | 293 | 293 | 278.6 | 340.8 | 327.6 | 342.5 | 356.6 | 359.3 | 373.9 | 357.9 | 369.6 | 370.2 | 372.5 | 373.8 | 346.5 | 350.9 | 354.4 | 346.7 | 343 | 341.9 | 364.4 | 350.6 | 362.8 | 354.8 | 371.2 | 365.3 | 208.3 | 210.3 | 223 | 213.8 | 217.8 | 224.9 |
| Operating Income
| 98.9 | 94.9 | 101.7 | 133.9 | 118.4 | 87.2 | 80.4 | 56.8 | 38.3 | 34.5 | 26.1 | 27.9 | -13.1 | 6.9 | 11.8 | 19.1 | 5.9 | -15.9 | 25.2 | 15.5 | -6 | -18.9 | 36.6 | -10.5 | -8.8 | 3.9 | 13.3 | 23 | 24.1 | 15.5 | 23 | 32.1 | 15.7 | 7.8 | -3.2 | -17 | 4.9 | 8.8 | -3.5 | 8.9 | -4.3 | -2.9 |
| Operating Income Ratio
| 0.068 | 0.063 | 0.061 | 0.074 | 0.065 | 0.047 | 0.043 | 0.032 | 0.023 | 0.022 | 0.016 | 0.018 | -0.009 | 0.004 | 0.006 | 0.01 | 0.003 | -0.008 | 0.011 | 0.007 | -0.003 | -0.009 | 0.016 | -0.005 | -0.004 | 0.002 | 0.006 | 0.011 | 0.012 | 0.008 | 0.01 | 0.014 | 0.007 | 0.004 | -0.001 | -0.007 | 0.004 | 0.007 | -0.002 | 0.006 | -0.003 | -0.002 |
| Total Other Income Expenses Net
| 1.9 | -5.7 | -4.2 | -4.8 | 2.6 | -2.9 | -2.5 | -1.4 | -3.5 | -3.3 | 8.5 | -9.3 | -31.2 | 0.1 | -16.4 | -9.6 | -19 | -12.9 | 2.7 | -12.9 | -16.9 | -9.7 | 14.2 | -16.4 | -31.3 | -11.6 | -12.8 | -14.3 | -9.4 | -9.4 | -12 | -13 | -11 | -16.9 | -24.3 | -55.5 | 1 | 0.7 | -7.6 | -5.8 | -16.7 | -5.6 |
| Income Before Tax
| 96.5 | 89.2 | 97.5 | 129.1 | 121 | 84.3 | 77.5 | 54.1 | 35.5 | 30.4 | 41 | 21 | -19 | 7 | 3.9 | 12.7 | -11.9 | -33.5 | 15.9 | 4.9 | -13.3 | -17.7 | 36.8 | -18.3 | -16.8 | -3.6 | 5.6 | 13.6 | 14.1 | 7.5 | 12.8 | 23.4 | 10.8 | -2.1 | -11.5 | -24.4 | 5 | 9.3 | -3.6 | 9.1 | -3.7 | -1.4 |
| Income Before Tax Ratio
| 0.066 | 0.059 | 0.059 | 0.072 | 0.066 | 0.045 | 0.042 | 0.031 | 0.021 | 0.019 | 0.025 | 0.013 | -0.014 | 0.004 | 0.002 | 0.007 | -0.006 | -0.017 | 0.007 | 0.002 | -0.006 | -0.008 | 0.017 | -0.009 | -0.008 | -0.002 | 0.003 | 0.006 | 0.007 | 0.004 | 0.006 | 0.011 | 0.005 | -0.001 | -0.005 | -0.01 | 0.004 | 0.007 | -0.003 | 0.006 | -0.003 | -0.001 |
| Income Tax Expense
| 25.8 | 20.5 | 25.9 | 32.4 | 29.9 | 5.8 | 20.6 | 14.1 | 9.1 | 9.1 | 9 | -0.1 | -0.5 | 0.4 | 0.5 | 7.6 | -0.6 | -6.8 | 6.6 | 3.5 | -2.7 | -1.9 | 24.5 | -4 | -7.7 | -1.4 | 1.4 | 8 | 6.2 | 4.2 | 2.7 | 8.9 | 6.5 | 0.1 | 2.5 | -10.4 | 2.1 | 3.7 | -1.6 | 3.9 | -1.4 | -0.5 |
| Net Income
| 70.7 | 68.7 | 71.6 | 96.7 | 91.1 | 78.5 | 56.9 | 40 | 26.4 | 21.3 | 32 | 21.1 | -18.5 | -0.4 | 3.4 | 5.1 | -11.3 | -26.7 | 9.3 | 1.4 | -10.6 | -15.8 | 12.3 | -14.3 | -9.1 | -2.2 | 4.2 | 5.6 | 7.9 | 3.3 | 10.1 | 14.5 | 4.3 | -2.2 | -14 | -14 | 2.9 | 5.5 | -1.8 | 5.1 | -2.4 | -0.7 |
| Net Income Ratio
| 0.049 | 0.045 | 0.043 | 0.054 | 0.05 | 0.042 | 0.031 | 0.023 | 0.016 | 0.014 | 0.019 | 0.013 | -0.013 | -0 | 0.002 | 0.003 | -0.006 | -0.014 | 0.004 | 0.001 | -0.005 | -0.008 | 0.006 | -0.007 | -0.004 | -0.001 | 0.002 | 0.003 | 0.004 | 0.002 | 0.005 | 0.007 | 0.002 | -0.001 | -0.006 | -0.006 | 0.002 | 0.004 | -0.001 | 0.004 | -0.002 | -0.001 |
| EPS
| 5.22 | 5.08 | 5.31 | 6.98 | 6.24 | 5.31 | 3.9 | 2.69 | 1.69 | 1.34 | 2.02 | 1.33 | -1.16 | -0.025 | 0.21 | 0.32 | -0.7 | -1.68 | 0.59 | 0.09 | -0.67 | -1 | 0.78 | -0.91 | -0.58 | -0.14 | 0.26 | 0.35 | 0.49 | 0.21 | 0.63 | 0.91 | 0.27 | -0.14 | -0.87 | -0.87 | 0.36 | 0.68 | -0.22 | 0.63 | -0.29 | -0.086 |
| EPS Diluted
| 5.15 | 5 | 5.2 | 6.86 | 6.12 | 5.12 | 3.67 | 2.54 | 1.62 | 1.28 | 1.92 | 1.3 | -1.16 | -0.025 | 0.21 | 0.31 | -0.7 | -1.68 | 0.57 | 0.09 | -0.67 | -1 | 0.77 | -0.91 | -0.58 | -0.14 | 0.26 | 0.34 | 0.49 | 0.21 | 0.63 | 0.91 | 0.27 | -0.14 | -0.87 | -0.87 | 0.36 | 0.68 | -0.22 | 0.63 | -0.29 | -0.086 |
| EBITDA
| 110.4 | 104 | 109.3 | 127.5 | 137.5 | 103.2 | 97.8 | 73.7 | 59.5 | 54.3 | 70.7 | 49.4 | 35 | 20.8 | 41.6 | 47 | 23.1 | -2.6 | 39.5 | 42.3 | 30.7 | 26.2 | 55.3 | 20 | 35 | 26.4 | 37.7 | 48.3 | 39.9 | 34.3 | 43.4 | 54.3 | 43.9 | 30.1 | 33.4 | 50.4 | 7.4 | 14.5 | 51.9 | 19.5 | 34.4 | 17.5 |
| EBITDA Ratio
| 0.076 | 0.069 | 0.066 | 0.071 | 0.076 | 0.056 | 0.052 | 0.042 | 0.036 | 0.035 | 0.043 | 0.031 | 0.025 | 0.012 | 0.023 | 0.024 | 0.012 | -0.001 | 0.018 | 0.019 | 0.014 | 0.012 | 0.025 | 0.009 | 0.017 | 0.013 | 0.018 | 0.023 | 0.019 | 0.017 | 0.02 | 0.024 | 0.02 | 0.014 | 0.014 | 0.021 | 0.006 | 0.011 | 0.037 | 0.014 | 0.025 | 0.013 |