Acquired by Clayton, Dubilier & Rice, LLC in Dec 2023
VRTV - Veritiv Corporation
NYSE
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Industrials
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Conglomerates
Atlanta,
United States
Type: Equity
VRTV price evolution
VRTV
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 | 31 Jan 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $40.2 | $43.9 | $33 | $40.6 |
| Short term investments | ||||
| Net receivables | $756.9 | $750.5 | $789.8 | $889.6 |
| Inventory | $455.8 | $487 | $470.9 | $423.9 |
| Total current assets | $1353.6 | $1376.4 | $1394.9 | $1457.8 |
| Long term investments | ||||
| Property, plant & equipment | $127.6 | $124.2 | $124.2 | $431.8 |
| Goodwill & intangible assets | $128.7 | $129.7 | $130.8 | $131.9 |
| Total noncurrent assets | $641.8 | $645.9 | $632 | $631.8 |
| Total investments | ||||
| Total assets | $1995.4 | $2022.3 | $2026.9 | $2089.6 |
| Current liabilities | ||||
| Accounts payable | $434.4 | $418.1 | $444.6 | $452.9 |
| Deferred revenue | ||||
| Short long term debt | $13.7 | $14.2 | $13.6 | $13.4 |
| Total current liabilities | $669.2 | $626.3 | $646.5 | $726.6 |
| Long term debt | $61.2 | $171.6 | $231.9 | $264.8 |
| Total noncurrent liabilities | $388.7 | $512.7 | $563.1 | $606.9 |
| Total debt | $74.9 | $185.8 | $245.5 | $278.2 |
| Total liabilities | $1057.9 | $1139 | $1209.6 | $1333.5 |
| Shareholders' equity | ||||
| Retained earnings | $647.2 | $595 | $532.8 | $472.6 |
| Other shareholder equity | -$12.2 | -$9.7 | -$9.9 | -$12.7 |
| Total shareholder equity | $937.5 | $883.3 | $817.3 | $756.1 |
| (in millions $) | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $40.6 | $49.3 | $120.6 | $38 |
| Short term investments | ||||
| Net receivables | $947 | $1011.2 | $849.5 | $913.6 |
| Inventory | $423.9 | $484.5 | $465.4 | $552.9 |
| Total current assets | $1457.8 | $1677.7 | $1555 | $1630.6 |
| Long term investments | $7.3 | $7.1 | ||
| Property, plant & equipment | $431.8 | $162.9 | $194.7 | $216.9 |
| Goodwill & intangible assets | $131.9 | $142.3 | $147 | $151.8 |
| Total noncurrent assets | $631.8 | $760.7 | $780 | $880.5 |
| Total investments | ||||
| Total assets | $2089.6 | $2438.4 | $2335 | $2511.1 |
| Current liabilities | ||||
| Accounts payable | $452.9 | $561.9 | $471.9 | $481.2 |
| Deferred revenue | ||||
| Short long term debt | $13.4 | $16 | $14.7 | $12.6 |
| Total current liabilities | $726.6 | $873.6 | $749.4 | $731.5 |
| Long term debt | $264.8 | $499.7 | $589.1 | $742.4 |
| Total noncurrent liabilities | $606.9 | $929 | $1002.5 | $1243.4 |
| Total debt | $278.2 | $515.7 | $603.8 | $755 |
| Total liabilities | $1333.5 | $1802.6 | $1751.9 | $1974.9 |
| Shareholders' equity | ||||
| Retained earnings | $472.6 | $143.2 | -$1.4 | -$35.3 |
| Other shareholder equity | -$12.7 | -$24.3 | -$33.5 | -$33.1 |
| Total shareholder equity | $756.1 | $635.8 | $583.1 | $536.2 |
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1461 | $1457.3 | $1510.2 | $1663.4 |
| Cost of revenue | $1098.3 | $1096.6 | $1144.1 | $1271.4 |
| Gross Profit | $362.7 | $360.7 | $366.1 | $392 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $269.1 | $252.2 | $261.1 | $283.9 |
| Total operating expenses | $278.5 | $261.8 | $271.2 | $290.3 |
| Operating income | $84.2 | $98.9 | $94.9 | $101.7 |
| Income from continuing operations | ||||
| EBIT | $86.1 | $100.8 | $93.9 | $102.9 |
| Income tax expense | $21.9 | $25.8 | $20.5 | $25.9 |
| Interest expense | $3.4 | $4.3 | $4.7 | $5.4 |
| Net income | ||||
| Net income | $60.8 | $70.7 | $68.7 | $71.6 |
| Income (for common shares) | $60.8 | $70.7 | $68.7 | $71.6 |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $7146.3 | $6850.5 | $6345.6 | $7659.4 |
| Cost of revenue | $5526 | $5417.9 | $5040.2 | $6206.2 |
| Gross Profit | $1620.3 | $1432.6 | $1305.4 | $1453.2 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $1161.2 | $1152 | $1147.7 | $1332.5 |
| Total operating expenses | $1179.1 | $1222.6 | $1257.6 | $1432.3 |
| Operating income | $441.2 | $210 | $47.8 | $20.9 |
| Income from continuing operations | ||||
| EBIT | $449.6 | $214.7 | $68.1 | $9.3 |
| Income tax expense | $94 | $52.9 | $8.8 | $0.7 |
| Interest expense | $17.7 | $17.2 | $25.1 | $38.1 |
| Net income | ||||
| Net income | $337.9 | $144.6 | $34.2 | -$29.5 |
| Income (for common shares) | $337.9 | $144.6 | $34.2 | -$29.5 |
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Net income | $60.8 | $70.7 | $68.7 | $71.6 |
| Operating activities | ||||
| Depreciation | $9.4 | $9.6 | $10.1 | $11 |
| Business acquisitions & disposals | $0.4 | $0.1 | $0.2 | $28.5 |
| Stock-based compensation | $4.5 | $3.6 | $1.8 | $1.8 |
| Total cash flows from operations | $124 | $94.4 | $70.9 | $93.5 |
| Investing activities | ||||
| Capital expenditures | -$4.7 | -$3.1 | -$2.9 | -$3.8 |
| Investments | ||||
| Total cash flows from investing | -$4.3 | -$2.9 | -$2.7 | $24.6 |
| Financing activities | ||||
| Dividends paid | -$8.6 | -$8.5 | -$8.5 | -$8.5 |
| Sale and purchase of stock | ||||
| Net borrowings | -$113.4 | -$72.3 | -$64.2 | -$103.1 |
| Total cash flows from financing | -$122.9 | -$80.3 | -$76.5 | -$112.1 |
| Effect of exchange rate | -$0.5 | -$0.3 | $0.7 | $0.8 |
| Change in cash and equivalents | -$3.7 | $10.9 | -$7.6 | $6.8 |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Net income | $337.9 | $144.6 | $34.2 | -$29.5 |
| Operating activities | ||||
| Depreciation | $45.6 | $55.2 | $57.7 | $53.5 |
| Business acquisitions & disposals | $186.7 | $16.1 | ||
| Stock-based compensation | $9.5 | $7.4 | $17.7 | $14.6 |
| Total cash flows from operations | $252.4 | $154.7 | $289.2 | $281 |
| Investing activities | ||||
| Capital expenditures | -$21.9 | -$20.4 | -$23.6 | -$34.1 |
| Investments | ||||
| Total cash flows from investing | $168 | -$4.3 | -$5.3 | -$33.6 |
| Financing activities | ||||
| Dividends paid | -$8.5 | |||
| Sale and purchase of stock | -$200 | -$100 | -$3.5 | |
| Net borrowings | -$189.4 | -$110.4 | -$182.8 | -$243.4 |
| Total cash flows from financing | -$428.6 | -$221.4 | -$202.6 | -$273.9 |
| Effect of exchange rate | -$0.5 | -$0.3 | $1.3 | $0.2 |
| Change in cash and equivalents | -$8.7 | -$71.3 | $82.6 | -$26.3 |
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Fundamentals
| Market cap | N/A |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 13.55M |
| Revenue | $6.09B |
|---|---|
| EBITDA | $423.80M |
| EBIT | $383.70M |
| Net Income | $271.80M |
| Revenue Q/Q | -19.02% |
| Revenue Y/Y | -17.09% |
| P/E ratio | 0.00 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | 0.00 |
| Book/Share | 70.08 |
| Cash/Share | 2.97 |
| EPS | $20.06 |
|---|---|
| ROA | 13.37% |
| ROE | 32.03% |
| Debt/Equity | 1.76 |
|---|---|
| Net debt/EBITDA | 2.40 |
| Current ratio | 2.02 |
| Quick ratio | 1.34 |