Veritiv Corporation (VRTV) Financials

NYSE:VRTV

Market Cap

2.29B

Total Revenue

5.30M

Gross Profit

5.30M

Operating Income

455.70M

Net Income

328.10M

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
revenue	7,406,500,000	8,717,700,000	8,326,600,000	8,364,700,000	8,696,200,000	7,659,400,000	6,345,600,000	6,850,500,000	7,146,300,000	5,300,000
costOfRevenue	6,180,900,000	7,160,300,000	6,826,400,000	6,846,600,000	7,155,700,000	6,206,200,000	5,040,200,000	5,417,900,000	5,526,000,000	--
grossProfit	1,225,600,000	1,557,400,000	1,500,200,000	1,518,100,000	1,540,500,000	1,453,200,000	1,305,400,000	1,432,600,000	1,620,300,000	5,300,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	426,200,000	521,800,000	505,100,000	516,900,000	550,500,000	509,200,000	429,800,000	419,300,000	398,500,000	--
generalAndAdministrativeExpenses	689,100,000	853,900,000	826,200,000	872,600,000	867,600,000	823,300,000	717,900,000	732,700,000	762,700,000	--
sellingGeneralAndAdministrativeExpenses	1,115,300,000	1,375,700,000	1,331,300,000	1,389,500,000	1,418,100,000	1,332,500,000	1,147,700,000	1,152,000,000	1,161,200,000	--
operatingExpenses	1,152,900,000	1,432,600,000	1,386,000,000	1,443,700,000	1,471,600,000	1,386,000,000	1,205,400,000	1,207,200,000	1,206,800,000	450,400,000
operatingIncome	-6,400,000	78,600,000	75,900,000	21,200,000	15,800,000	55,600,000	118,200,000	210,000,000	441,200,000	455,700,000
totalOtherIncomeExpensesNet	-80,300,000	-52,900,000	-45,900,000	-45,100,000	-36,800,000	-84,400,000	-75,200,000	-12,500,000	-9,300,000	-18,900,000
ebitda	109,100,000	175,000,000	161,300,000	136,700,000	138,700,000	109,100,000	175,900,000	285,300,000	467,500,000	498,700,000
depreciationAndAmortization	37,600,000	56,900,000	54,700,000	54,200,000	53,500,000	53,500,000	57,700,000	75,300,000	26,300,000	43,000,000
interestIncome	--	--	--	--	--	--	--	--	--	--
interestExpense	14,000,000	27,000,000	27,500,000	31,200,000	42,300,000	38,100,000	23,000,000	17,200,000	17,700,000	18,900,000
incomeBeforeTax	-21,600,000	44,900,000	40,800,000	-1,900,000	-10,200,000	-28,800,000	43,000,000	197,500,000	431,900,000	436,800,000
incomeTaxExpense	-2,100,000	18,200,000	19,800,000	11,400,000	5,500,000	700,000	8,800,000	52,900,000	94,000,000	108,700,000
netIncome	-19,600,000	26,700,000	21,000,000	-13,300,000	-15,700,000	-29,500,000	34,200,000	144,600,000	337,900,000	328,100,000
eps	-1.62	1.67	1.31	-0.85	-0.99	-1.84	2.14	9.5	23.85	24.23
epsdiluted	-1.62	1.67	1.3	-0.85	-0.99	-1.84	2.08	9.01	23.29	24.23
weightedAverageShsOut	12,080,000	16,000,000	15,970,000	15,700,000	15,820,000	16,060,000	15,960,000	15,220,000	14,170,000	13,540,000
weightedAverageShsOutDil	12,080,000	16,000,000	16,150,000	15,700,000	15,820,000	16,060,000	16,480,000	16,050,000	14,510,000	--
costAndExpenses	7,333,800,000	8,592,900,000	8,212,400,000	8,290,300,000	8,627,300,000	7,592,200,000	6,245,600,000	6,625,100,000	6,732,800,000	450,400,000
otherExpenses	-1,200,000	-6,700,000	-7,600,000	8,100,000	16,300,000	53,500,000	57,700,000	55,200,000	45,600,000	450,400,000

Key Facts

Industry

Conglomerates

Sector

Industrials

Headquarters

Atlanta, GA, US

Website

veritivcorp.com

CEO

Mr. Salvatore A. Abbate

Employees

5000

About the Company

Veritiv Corporation operates as a business-to-business provider of value-added packaging products and services, as well as facility solutions, print, and publishing products and services in the United States and internationally. The company operates through four segments: Packaging, Facility Solutions, Print, and Publishing and Print Management (Publishing). The Packaging segment provides packaging product materials within flexible, corrugated and fiber, ancillary packaging, rigid, and equipment categories. The Facility Solutions segment sources and sells cleaning, break-room, and other supplies in various product categories that include towels and tissues, food service, personal protective equipment, cleaning chemicals, and skincare, as well as re-merchandising, budgeting and compliance reporting, and inventory management services. The Print segment sells and distributes commercial printing, writing, copying, digital, specialty products, and graphics consumables. The Publishing segment sells and distributes coated and uncoated commercial printing papers to publishers, retailers, converters, printers, and specialty businesses for use in magazines, catalogs, books, directories, gaming, couponing, retail inserts, and direct mail. This segment also provides print management, procurement, and supply chain management solutions. The company also provides transportation and warehousing solutions. It serves manufacturing, food and beverage, wholesale and retail, healthcare, transportation, property management, higher education, entertainment and hospitality, commercial printing, and publishing sectors. As of December 31, 2021, the company operated 115 distribution centers. Veritiv Corporation was incorporated in 2013 and is headquartered in Atlanta, Georgia.