This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Veritiv Past Earnings Performance

Past criteria checks 4/6

Veritiv has been growing earnings at an average annual rate of 67.1%, while the Trade Distributors industry saw earnings growing at 23.4% annually. Revenues have been declining at an average rate of 5.4% per year. Veritiv's return on equity is 29%, and it has net margins of 4.5%.

Key information

67.1%

Earnings growth rate

68.5%

EPS growth rate

Trade Distributors Industry Growth23.4%
Revenue growth rate-5.4%
Return on equity29.0%
Net Margin4.5%
Last Earnings Update30 Sep 2023

Recent past performance updates

Recent updates

Veritiv Corporation: The End Of A Volatile Era

Nov 01

Veritiv: Operating Margin, A Double-Edged Sword

Aug 09

Shareholders Would Enjoy A Repeat Of Veritiv's (NYSE:VRTV) Recent Growth In Returns

Aug 01
Shareholders Would Enjoy A Repeat Of Veritiv's (NYSE:VRTV) Recent Growth In Returns

Should You Be Adding Veritiv (NYSE:VRTV) To Your Watchlist Today?

Jun 27
Should You Be Adding Veritiv (NYSE:VRTV) To Your Watchlist Today?

These 4 Measures Indicate That Veritiv (NYSE:VRTV) Is Using Debt Safely

May 27
These 4 Measures Indicate That Veritiv (NYSE:VRTV) Is Using Debt Safely

Why We Like The Returns At Veritiv (NYSE:VRTV)

Apr 11
Why We Like The Returns At Veritiv (NYSE:VRTV)

Here's Why We Think Veritiv (NYSE:VRTV) Is Well Worth Watching

Mar 24
Here's Why We Think Veritiv (NYSE:VRTV) Is Well Worth Watching

We Think Veritiv (NYSE:VRTV) Can Manage Its Debt With Ease

Feb 21
We Think Veritiv (NYSE:VRTV) Can Manage Its Debt With Ease

Under The Bonnet, Veritiv's (NYSE:VRTV) Returns Look Impressive

Jan 10
Under The Bonnet, Veritiv's (NYSE:VRTV) Returns Look Impressive

Veritiv: Volatile Earnings But Strong Free Cash Flow, Relative Price Strength On The Chart

Dec 21

Here's Why We Think Veritiv (NYSE:VRTV) Is Well Worth Watching

Dec 15
Here's Why We Think Veritiv (NYSE:VRTV) Is Well Worth Watching

Estimating The Fair Value Of Veritiv Corporation (NYSE:VRTV)

Dec 01
Estimating The Fair Value Of Veritiv Corporation (NYSE:VRTV)

Veritiv Corporation Q3 Earnings Preview

Nov 07

Veritiv (NYSE:VRTV) Seems To Use Debt Rather Sparingly

Oct 13
Veritiv (NYSE:VRTV) Seems To Use Debt Rather Sparingly

Veritiv (NYSE:VRTV) Is Very Good At Capital Allocation

Aug 26
Veritiv (NYSE:VRTV) Is Very Good At Capital Allocation

Does Veritiv (NYSE:VRTV) Deserve A Spot On Your Watchlist?

Aug 10
Does Veritiv (NYSE:VRTV) Deserve A Spot On Your Watchlist?

Veritiv Corporation Q2 Earnings Preview

Aug 08

These 4 Measures Indicate That Veritiv (NYSE:VRTV) Is Using Debt Reasonably Well

Jul 07
These 4 Measures Indicate That Veritiv (NYSE:VRTV) Is Using Debt Reasonably Well

Veritiv (NYSE:VRTV) Is Looking To Continue Growing Its Returns On Capital

May 23
Veritiv (NYSE:VRTV) Is Looking To Continue Growing Its Returns On Capital

Is Now The Time To Put Veritiv (NYSE:VRTV) On Your Watchlist?

May 07
Is Now The Time To Put Veritiv (NYSE:VRTV) On Your Watchlist?

Why Veritiv Is Still A Buy

Apr 14

Is Veritiv (NYSE:VRTV) Using Too Much Debt?

Apr 06
Is Veritiv (NYSE:VRTV) Using Too Much Debt?

Improved Earnings Required Before Veritiv Corporation (NYSE:VRTV) Stock's 32% Jump Looks Justified

Mar 03
Improved Earnings Required Before Veritiv Corporation (NYSE:VRTV) Stock's 32% Jump Looks Justified

Veritiv (NYSE:VRTV) Shareholders Will Want The ROCE Trajectory To Continue

Feb 14
Veritiv (NYSE:VRTV) Shareholders Will Want The ROCE Trajectory To Continue

Is Now The Time To Put Veritiv (NYSE:VRTV) On Your Watchlist?

Jan 26
Is Now The Time To Put Veritiv (NYSE:VRTV) On Your Watchlist?

Revenue & Expenses Breakdown

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


Earnings and Revenue History

NYSE:VRTV Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 236,0922721,0640
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 (4.5%) are higher than last year (4.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: VRTV has become profitable over the past 5 years, growing earnings by 67.1% per year.

Accelerating Growth: VRTV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: VRTV had negative earnings growth (-15.9%) over the past year, making it difficult to compare to the Trade Distributors industry average (3%).


Return on Equity

High ROE: VRTV's Return on Equity (29%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/01 12:55
End of Day Share Price 2023/11/29 00:00
Earnings2023/09/30
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. 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