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Veritiv Past Earnings Performance

Past criteria checks 5/6

Veritiv has been growing earnings at an average annual rate of 72.3%, while the Trade Distributors industry saw earnings growing at 37.7% annually. Revenues have been declining at an average rate of 5.4% per year. Veritiv's return on equity is 34.8%, and it has net margins of 4.8%.

Key information

72.3%

Earnings growth rate

73.6%

EPS growth rate

Trade Distributors Industry Growth18.4%
Revenue growth rate-5.4%
Return on equity34.8%
Net Margin4.8%
Last Earnings Update30 Jun 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Veritiv makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BMV:VRTV * Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 236,4353081,0850
31 Mar 236,7983281,1160
31 Dec 227,1463381,1540
30 Sep 227,3483231,1790
30 Jun 227,3112671,1850
31 Mar 227,1492021,1830
31 Dec 216,8511451,1500
30 Sep 216,6281201,1190
30 Jun 216,4511011,1060
31 Mar 216,198561,0850
31 Dec 206,346341,1440
30 Sep 206,53961,1820
30 Jun 206,872-101,2290
31 Mar 207,425-31,3130
31 Dec 197,659-291,3310
30 Sep 198,055-241,3820
30 Jun 198,323-271,3970
31 Mar 198,537-271,4090
31 Dec 188,696-161,4180
30 Sep 188,690-131,4130
30 Jun 188,614-281,4220
31 Mar 188,471-271,4010
31 Dec 178,365-131,3840
30 Sep 178,260-211,3620
30 Jun 178,270-11,3370
31 Mar 178,301161,3330
31 Dec 168,327211,3250
30 Sep 168,408271,3350
30 Jun 168,501361,3420
31 Mar 168,600321,3600
31 Dec 158,718271,3730
30 Sep 158,89731,3950
30 Jun 159,067-261,4090
31 Mar 158,237-271,2640
31 Dec 147,407-191,1150
30 Sep 146,445-79770
30 Jun 145,498128360
31 Mar 145,57178480
31 Dec 135,65208620
30 Sep 135,75838810
31 Dec 126,012149050

Quality Earnings: VRTV * has high quality earnings.

Growing Profit Margin: VRTV *'s current net profit margins (4.8%) are higher than last year (3.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: VRTV * has become profitable over the past 5 years, growing earnings by 72.3% per year.

Accelerating Growth: VRTV *'s earnings growth over the past year (15.5%) is below its 5-year average (72.3% per year).

Earnings vs Industry: VRTV * earnings growth over the past year (15.5%) exceeded the Trade Distributors industry -4.5%.


Return on Equity

High ROE: VRTV *'s Return on Equity (34.8%) is considered high.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/09/18 06:23
End of Day Share Price 2023/06/21 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Veritiv Corporation is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Scott GaffnerBarclays
George StaphosBofA Global Research
James ClementMacquarie Research