QUAD
Quad Graphics Inc
NYSE: QUAD · INDUSTRIALS · SPECIALTY BUSINESS SERVICES
$7.44
+6.13% today
Updated 2026-04-30
Market cap
$407.66M
P/E ratio
13.68
P/S ratio
0.17x
EPS (TTM)
$0.57
Dividend yield
3.89%
52W range
$4 – $8
Volume
0.2M
Quad Graphics Inc (QUAD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.27B | $1.79B | $3.39B | $4.32B | $4.09B | $4.80B | $4.86B | $4.68B | $4.33B | $4.13B | $4.19B | $3.92B | $2.93B | $2.96B | $3.22B | $2.96B | $2.67B | $2.42B |
| Revenue growth (YoY) | — | -21.1% | +89.6% | +27.5% | -5.3% | +17.1% | +1.4% | -3.8% | -7.4% | -4.6% | +1.5% | -6.4% | -25.3% | +1.1% | +8.7% | -8.1% | -9.7% | -9.4% |
| Cost of revenue | $1.87B | $1.46B | $2.84B | $3.63B | $3.51B | $4.13B | $4.22B | $4.00B | $3.66B | $3.48B | $3.43B | $3.40B | $2.51B | $2.54B | $2.76B | $2.51B | $2.19B | $1.98B |
| Gross profit | $396.60M | $331.90M | $553.00M | $694.80M | $585.10M | $666.90M | $645.40M | $601.80M | $666.90M | $648.50M | $553.10M | $525.30M | $416.20M | $416.30M | $460.20M | $450.80M | $480.70M | $444.70M |
| Gross margin | 17.5% | 18.6% | 16.3% | 16.1% | 14.3% | 13.9% | 13.3% | 12.9% | 15.4% | 15.7% | 13.2% | 13.4% | 14.2% | 14.1% | 14.3% | 15.2% | 18.0% | 18.4% |
| R&D | $14.80M | $14.30M | $17.30M | $16.90M | $13.20M | $13.40M | $11.30M | $10.30M | $9.30M | $9.00M | $3.60M | $3.60M | $3.00M | $3.10M | $3.30M | $3.10M | $3.20M | — |
| SG&A | $196.70M | $203.40M | $316.20M | $407.00M | $347.10M | $416.00M | $425.50M | $448.30M | $454.60M | $413.40M | $372.10M | $397.60M | $335.10M | $311.50M | $358.60M | $356.80M | $356.80M | $325.90M |
| Operating income | $185.10M | $111.40M | $212.40M | $270.90M | $224.40M | $234.70M | $208.60M | $144.60M | $209.00M | $215.70M | $192.20M | $122.90M | $82.30M | $90.10M | $100.40M | $98.80M | $127.10M | $118.80M |
| Operating margin | 8.2% | 6.2% | 6.3% | 6.3% | 5.5% | 4.9% | 4.3% | 3.1% | 4.8% | 5.2% | 4.6% | 3.1% | 2.8% | 3.0% | 3.1% | 3.3% | 4.8% | 4.9% |
| EBITDA | $378.50M | $308.60M | $331.50M | $468.20M | $445.10M | $482.70M | $470.50M | $-504.70M | $413.60M | $394.80M | $314.80M | $218.90M | $150.40M | $266.10M | $213.00M | $150.60M | $121.00M | $197.40M |
| EBITDA margin | 16.7% | 17.3% | 9.8% | 10.8% | 10.9% | 10.1% | 9.7% | -10.8% | 9.6% | 9.6% | 7.5% | 5.6% | 5.1% | 9.0% | 6.6% | 5.1% | 4.5% | 8.2% |
| EBIT | $174.20M | $111.90M | $57.00M | $115.20M | $106.50M | $142.20M | $134.10M | $-830.00M | $136.50M | $162.30M | $99.90M | $9.40M | $-31.20M | $108.80M | $71.70M | $21.80M | $18.50M | $118.80M |
| Interest expense | $74.60M | $64.10M | $92.90M | $108.00M | $84.00M | $85.50M | $92.90M | $88.40M | $77.20M | $71.10M | $73.30M | $90.00M | $68.80M | $59.60M | $48.40M | $70.00M | $64.50M | $50.50M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 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% |
| Net income | $109.10M | $52.80M | $-250.10M | $-46.90M | $87.40M | $32.50M | $18.60M | $-641.90M | $44.90M | $107.20M | $8.50M | $-55.40M | $-128.30M | $37.80M | $9.30M | $-55.40M | $-50.90M | $27.00M |
| Net income growth (YoY) | — | -51.6% | -573.7% | +81.2% | +286.4% | -62.8% | -42.8% | -3551.1% | +107.0% | +138.8% | -92.1% | -751.8% | -131.6% | +129.5% | -75.4% | -695.7% | +8.1% | +153.0% |
| Profit margin | 4.8% | 3.0% | -7.4% | -1.1% | 2.1% | 0.7% | 0.4% | -13.7% | 1.0% | 2.6% | 0.2% | -1.4% | -4.4% | 1.3% | 0.3% | -1.9% | -1.9% | 1.1% |