← Quad/Graphics, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $4.3b | $4.1b | $4.2b | $3.9b | $2.9b | $3.0b | $3.2b | $3.0b | $2.7b | $2.4b | |
| Cost of Revenue | $3.4b | $3.3b | $3.4b | $3.2b | $2.3b | $2.4b | $2.6b | $2.4b | $2.1b | $1.9b | |
| Gross Profit (Calculated) | $1.4b | $1.3b | $1.4b | $731.2m | $594.8m | $570.5m | $598.2m | $576.5m | $580.0m | $523.3m | |
| Operating Income (Loss) | $122.4m | $164.9m | $58.0m | $34.7m | ($46.0m) | $92.8m | $53.5m | $25.7m | $19.2m | $97.0m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $50.7m | $18.3m | $34.4m | $44.8m | $39.1m | $31.5m | $30.9m | $27.9m | $17.5m | $5.2m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($6.0m) | $1.5m | ($1.6m) | $1.2m | ($2.0m) | ($2.9m) | ($2.1m) | $4.4m | ($6.4m) | $4.3m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $48.4m | $65.6m | ($5.8m) | ($94.1m) | ($108.8m) | $52.4m | ($13.9m) | ($65.8m) | ($8.6m) | $7.8m | |
| Income (Loss) from Continuing Operations, Per Basic Share | $1 | $2 | $0 | ($1) | ($2) | $1 | $0 | ($1) | ($1) | $1 | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $1 | $2 | $0 | ($1) | ($3) | $1 | $0 | ($1) | ($1) | $1 | |
| Income (Loss) from Equity Method Investments | ($1.4m) | $0 | $1.0m | ($300k) | ($200k) | $300k | $0 | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | — | $17.7m | ($42.6m) | ($44.5m) | $32.5m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | ($55.7m) | ($106.4m) | $37.8m | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | ($55.7m) | ($106.6m) | $37.8m | $9.3m | ($55.4m) | ($50.9m) | $27.0m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | ($100.6m) | ($21.9m) | $0 | — | — | — | — | |
| Net Income (Loss) Attributable to Parent | $44.9m | $107.2m | $8.5m | ($156.3m) | ($128.3m) | $37.8m | — | — | — | — | |
| Net Income (Loss) Available to Common Stockholders, Basic | $44.9m | — | — | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $0 | — | ($600k) | $0 | ($200k) | $0 | — | — | — | — | |
| Earnings Per Share, Basic | $0.94 | $2.16 | $0.17 | ($3.12) | ($2.53) | $0.74 | $0.18 | ($1.14) | ($1.07) | $0.57 | |
| Earnings Per Share, Diluted | $0.90 | $2.07 | $0.16 | ($3.12) | ($2.53) | $0.71 | $0.18 | ($1.14) | ($1.07) | $0.54 | |
| Common Stock, Dividends, Per Share, Declared | $1.20 | $1.20 | $1.20 | $1.05 | $0.15 | $0.74 | $0.18 | ($1.14) | $0.20 | $0.30 | |
| Weighted Average Number of Shares Outstanding, Basic | 47.9m | 49.6m | 49.8m | 50.0m | 50.6m | 51.3m | 50.7m | 48.4m | 47.6m | 47.6m | |
| Weighted Average Number of Shares Outstanding, Diluted | 49.8m | 51.8m | 51.6m | 50.0m | 50.6m | 53.0m | 52.5m | 48.4m | 47.6m | 49.9m | |
| Selling, General and Administrative Expense | $454.6m | $413.4m | $372.1m | $397.6m | $335.1m | $326.0m | $358.6m | $344.5m | $356.8m | $325.9m | |
| Business Combination, Acquisition Related Costs | $2.2m | $3.1m | $8.2m | $51.6m | $1.4m | $600k | $2.0m | $4.2m | ($600k) | ($4.9m) | |
| Costs and Expenses | $4.2b | $4.0b | $4.1b | $3.9b | $3.0b | $2.9b | $3.2b | $2.9b | $2.7b | $2.3b | |
| Interest Expense | $77.2m | $71.1m | $73.3m | $90.0m | $68.8m | $59.6m | $48.4m | $70.0m | $64.5m | $50.5m | |
| Operating Lease, Expense | — | — | — | $42.6m | $32.6m | $28.4m | $29.7m | — | — | — | |
| Research and Development Expense | $9.3m | $9.0m | $3.6m | $3.6m | $3.0m | $3.1m | $3.3m | $3.1m | $3.2m | $2.9m | |
| Income Tax Expense (Benefit) | $13.0m | ($16.0m) | ($9.8m) | ($24.4m) | $300k | $9.5m | $8.4m | $12.8m | $6.4m | $5.5m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | ($900k) | $0 | — | — | ($12.8m) | |
| Interest Income (Expense), Net | — | — | — | — | $5.6m | $7.6m | $1.7m | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.