Quad/Graphics, Inc. (QUAD)

Quad/Graphics Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,846	2,958	3,217	2,960	2,930	3,923
Revenue Growth (YoY)	-12.14%	-8.06%	8.67%	1.05%	-25.33%	-1.57%
Cost of Revenue	2,285	2,381	2,619	2,390	2,335	3,192
Gross Profit	561	576.5	598.2	570.5	594.8	731.2
Selling, General & Admin	338.4	344.5	358.6	326	335.1	397.6
Other Operating Expenses	207.7	206.3	186.1	151.7	305.7	298.9
Operating Expenses	546.1	550.8	544.7	477.7	640.8	696.5
Operating Income	14.9	25.7	53.5	92.8	-46	34.7
Interest Expense / Income	68.9	70	48.4	59.6	68.8	90
Other Expense / Income	-1.5	-1.7	-12.6	-14.1	13.2	125.4
Pretax Income	-52.5	-42.6	17.7	47.3	-128	-180.7
Income Tax	6.4	12.8	8.4	9.5	0.3	-24.4
Net Income	-58.9	-55.4	9.3	37.8	-128.3	-156.3
Net Income Growth	-	-	-75.40%	-	-	-
Shares Outstanding (Basic)	47	48	51	51	51	50
Shares Outstanding (Diluted)	47	48	53	53	51	50
Shares Change	-4.07%	-7.81%	-0.94%	4.74%	1.20%	-3.10%
EPS (Basic)	-1.24	-1.14	0.18	0.74	-2.53	-3.12
EPS (Diluted)	-1.24	-1.14	0.18	0.71	-2.53	-3.12
EPS Growth	-	-	-74.65%	-	-	-
Free Cash Flow	112.3	108.5	98.9	212.8	136.6	62
Free Cash Flow Per Share	2.38	2.24	1.95	4.15	2.70	1.24
Dividend Per Share	0.050	-	-	-	0.150	1.050
Dividend Growth	-	-	-	-	-85.71%	-12.50%
Gross Margin	19.71%	19.49%	18.59%	19.27%	20.30%	18.64%
Operating Margin	0.52%	0.87%	1.66%	3.13%	-1.57%	0.88%
Profit Margin	-2.07%	-1.87%	0.29%	1.28%	-4.38%	-3.98%
Free Cash Flow Margin	3.95%	3.67%	3.07%	7.19%	4.66%	1.58%
Effective Tax Rate	-	-	47.46%	20.08%	-	-
EBITDA	140.1	156.2	207.4	264.2	122.4	132.4
EBITDA Margin	4.92%	5.28%	6.45%	8.92%	4.18%	3.37%
Depreciation & Amortization	123.7	128.8	141.3	157.3	181.6	223.1
EBIT	16.4	27.4	66.1	106.9	-59.2	-90.7
EBIT Margin	0.58%	0.93%	2.05%	3.61%	-2.02%	-2.31%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).