Quad/Graphics, Inc. (QUAD)
NYSE: QUAD · Real-Time Price · USD
7.62
+0.08 (1.06%)
Nov 13, 2026, 4:00 PM EST - Market closed
Quad/Graphics Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 22.8 | 63.3 | 29.2 | 52.9 | 25.2 | 179.9 |
Trading Asset Securities | - | - | 0.1 | 0.9 | 3.8 | - |
Cash & Short-Term Investments | 22.8 | 63.3 | 29.3 | 53.8 | 29 | 179.9 |
Cash Growth | 267.74% | 116.04% | -45.54% | 85.52% | -83.88% | 225.91% |
Accounts Receivable | 318.2 | 290.5 | 273.2 | 316.2 | 372.6 | 362 |
Receivables | 330.5 | 294.8 | 273.2 | 316.2 | 372.6 | 362 |
Inventory | 188.7 | 143.5 | 162.4 | 178.8 | 260.7 | 226.2 |
Prepaid Expenses | 32 | 36.8 | 69.4 | 38.9 | 42.2 | 41 |
Total Current Assets | 574 | 538.4 | 534.3 | 587.7 | 704.5 | 809.1 |
Property, Plant & Equipment | 509.3 | 529.6 | 578.6 | 717.2 | 783.2 | 852.7 |
Long-Term Investments | 1.9 | - | - | - | - | - |
Goodwill | 107.6 | 107.6 | 100.3 | 103 | 86.4 | 86.4 |
Other Intangible Assets | 10.8 | 13.7 | 7.2 | 21.8 | 46.9 | 75.3 |
Long-Term Deferred Tax Assets | - | 4.2 | 7.1 | 12.4 | 11.5 | 11.8 |
Other Long-Term Assets | 36.2 | 44.2 | 71.5 | 67.6 | 69.3 | 54.7 |
Total Assets | 1,250 | 1,253 | 1,299 | 1,510 | 1,702 | 1,890 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 328.1 | 342 | 356.7 | 373.6 | 456.6 | 367.3 |
Accrued Expenses | 2.6 | 110.3 | 114.9 | 122.9 | 123.5 | 137 |
Current Portion of Long-Term Debt | 51.9 | 47 | 28 | 151.7 | 61.1 | 246.3 |
Current Portion of Leases | 23.9 | 23.5 | 24.8 | 27.9 | 28.6 | 29.9 |
Current Income Taxes Payable | - | 14.6 | 14.7 | 19.6 | 18.9 | 20 |
Current Unearned Revenue | - | 29.8 | 44.7 | 35.6 | 53.1 | 66.4 |
Other Current Liabilities | 183.9 | 57 | 114.9 | 59.5 | 53.6 | 90.2 |
Total Current Liabilities | 590.4 | 624.2 | 698.7 | 790.8 | 795.4 | 957.1 |
Long-Term Debt | 390.2 | 324 | 349.8 | 362.5 | 506.7 | 559.3 |
Long-Term Leases | 46.7 | 50.6 | 62.7 | 83.2 | 88.7 | 101.2 |
Long-Term Unearned Revenue | - | 0.1 | 0.1 | 0.9 | 1.2 | 2.1 |
Pension & Post-Retirement Benefits | 14.8 | 37.6 | 51.6 | 59.3 | 59.1 | 46 |
Long-Term Deferred Tax Liabilities | 4.7 | 4 | 3.2 | 5.1 | 9.3 | 11.9 |
Other Long-Term Liabilities | 83.1 | 83.8 | 83 | 88.4 | 68.5 | 75.6 |
Total Liabilities | 1,130 | 1,124 | 1,249 | 1,390 | 1,529 | 1,753 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 | 1.4 |
Additional Paid-In Capital | 844.6 | 846.2 | 842.8 | 842.7 | 841.8 | 839.3 |
Retained Earnings | -623 | -623.2 | -635.1 | -573.9 | -518.5 | -527.8 |
Treasury Stock | -41.1 | -36.3 | -28 | -33.1 | -23.5 | -14.9 |
Comprehensive Income & Other | -61.4 | -59.5 | -131.2 | -117.6 | -128.3 | -161.2 |
Total Common Equity | 120.5 | 128.6 | 49.9 | 119.5 | 172.9 | 136.8 |
Shareholders' Equity | 120.5 | 128.6 | 49.9 | 119.5 | 172.9 | 136.8 |
Total Liabilities & Equity | 1,250 | 1,253 | 1,299 | 1,510 | 1,702 | 1,890 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 512.7 | 445.1 | 465.3 | 625.3 | 685.1 | 936.7 |
Net Cash (Debt) | -489.9 | -381.8 | -436 | -571.5 | -656.1 | -756.8 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -9.82 | -7.65 | -9.16 | -11.81 | -12.50 | -14.28 |
Filing Date Shares Outstanding | 50.92 | 52.26 | 52.35 | 52.28 | 53.42 | 55.97 |
Total Common Shares Outstanding | 51 | 50.9 | 52.1 | 51 | 52.7 | 54.3 |
Working Capital | -16.4 | -85.8 | -164.4 | -203.1 | -90.9 | -148 |
Book Value Per Share | 2.36 | 2.53 | 0.96 | 2.34 | 3.28 | 2.52 |
Tangible Book Value | 2.1 | 7.3 | -57.6 | -5.3 | 39.6 | -24.9 |
Tangible Book Value Per Share | 0.04 | 0.14 | -1.11 | -0.10 | 0.75 | -0.46 |
Land | - | 52.9 | 57.1 | 65.8 | 68.2 | 73.6 |
Buildings | - | 509.9 | 547.6 | 638.7 | 651.9 | 658.4 |
Machinery | - | 2,148 | 2,267 | 2,698 | 2,830 | 2,860 |
Construction In Progress | - | 18 | 19.8 | 34.6 | 30.5 | 25.1 |