The ODP Corporation (ODP) Financials

NASDAQ:ODP

Market Cap

1.78B

Total Revenue

8.49B

Gross Profit

1.85B

Operating Income

243.00M

Net Income

166.00M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	11,242,000,000	16,096,000,000	14,485,000,000	11,021,000,000	10,240,000,000	11,015,000,000	10,647,000,000	9,710,000,000	8,465,000,000	8,491,000,000
costOfRevenue	8,616,000,000	12,320,000,000	10,983,000,000	8,313,000,000	7,779,000,000	8,464,000,000	8,183,000,000	7,578,000,000	6,602,000,000	6,643,000,000
grossProfit	2,626,000,000	3,776,000,000	3,502,000,000	2,708,000,000	2,461,000,000	2,551,000,000	2,464,000,000	2,132,000,000	1,863,000,000	1,848,000,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	--	--	--	--	--	--	--	--	--	-54,000,000
generalAndAdministrativeExpenses	2,560,000,000	3,560,000,000	3,042,000,000	2,242,000,000	2,022,000,000	2,218,000,000	2,101,000,000	1,832,000,000	1,558,000,000	1,606,000,000
sellingGeneralAndAdministrativeExpenses	2,560,000,000	3,560,000,000	3,042,000,000	2,242,000,000	2,022,000,000	2,218,000,000	2,101,000,000	1,832,000,000	1,558,000,000	1,552,000,000
operatingExpenses	2,560,000,000	3,560,000,000	3,042,000,000	2,242,000,000	2,022,000,000	2,218,000,000	2,101,000,000	1,832,000,000	1,558,000,000	1,552,000,000
operatingIncome	-205,000,000	-275,000,000	115,000,000	531,000,000	341,000,000	254,000,000	407,000,000	311,000,000	330,000,000	243,000,000
totalOtherIncomeExpensesNet	125,000,000	-491,000,000	-344,000,000	51,000,000	-100,000,000	-79,000,000	-261,000,000	-606,000,000	-99,000,000	-1,000,000
ebitda	294,000,000	553,000,000	768,000,000	670,000,000	618,000,000	565,000,000	611,000,000	500,000,000	476,000,000	442,000,000
depreciationAndAmortization	209,000,000	313,000,000	283,000,000	181,000,000	159,000,000	192,000,000	204,000,000	189,000,000	146,000,000	199,000,000
interestIncome	5,000,000	24,000,000	24,000,000	22,000,000	22,000,000	25,000,000	23,000,000	4,000,000	1,000,000	5,000,000
interestExpense	69,000,000	89,000,000	93,000,000	80,000,000	62,000,000	121,000,000	89,000,000	42,000,000	28,000,000	16,000,000
incomeBeforeTax	127,000,000	-340,000,000	47,000,000	459,000,000	299,000,000	158,000,000	146,000,000	-295,000,000	231,000,000	242,000,000
incomeTaxExpense	147,000,000	12,000,000	39,000,000	-220,000,000	153,000,000	59,000,000	47,000,000	24,000,000	44,000,000	64,000,000
netIncome	-20,000,000	-354,000,000	8,000,000	529,000,000	181,000,000	104,000,000	99,000,000	-319,000,000	187,000,000	166,000,000
eps	-0.63	-6.6	0.1	9.8	3.5	1.89	1.82	-6.02	3.53	3.48
epsdiluted	-0.63	-6.6	0.1	9.6	3.4	1.86	1.79	-6.02	3.4	3.37
weightedAverageShsOut	31,800,000	53,636,364	54,892,003	53,979,592	51,714,286	55,000,000	54,000,000	53,000,000	53,000,000	48,000,000
weightedAverageShsOutDil	31,800,000	53,636,364	54,892,003	55,104,167	53,235,294	56,000,000	55,000,000	53,000,000	55,000,000	49,000,000
costAndExpenses	11,176,000,000	15,880,000,000	14,025,000,000	10,555,000,000	9,801,000,000	10,682,000,000	10,284,000,000	9,410,000,000	8,160,000,000	8,195,000,000
otherExpenses	14,000,000	--	1,000,000	1,000,000	-2,000,000	15,000,000	21,000,000	7,000,000	24,000,000	10,000,000

Key Facts

Industry

Specialty Retail

Sector

Consumer Cyclical

Headquarters

Boca Raton, FL, US

Website

investor.theodpcorp.com

CEO

Mr. Gerry P. Smith

Employees

25000

About the Company

The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses. The company operates in two divisions, Business Solutions and Retail. The Business Solutions division offers office supply products and services, cleaning and breakroom supplies, technology services, copy and print services, and office furniture products and services through sales forces, catalogs, and telesales, as well as through Internet Websites in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada. The Retail division operates a chain of retail stores, which offer office supplies; technology products and solutions; business machines and related supplies; print, cleaning, breakroom, and facilities products; and furniture, as well as printing, copying, mailing, and shipping services. As of December 31, 2021, this division operated 1,038 retail stores in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers its products under various brands, including Office Depot, OfficeMax, and Grand&Toy, as well as others. The ODP Corporation was incorporated in 1986 and is headquartered in Boca Raton, Florida.