This company has been acquired
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 Growth | 23.4% |
Revenue growth rate | -5.4% |
Return on equity | 29.0% |
Net Margin | 4.5% |
Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Veritiv Corporation: The End Of A Volatile Era
Nov 01Veritiv: Operating Margin, A Double-Edged Sword
Aug 09Shareholders Would Enjoy A Repeat Of Veritiv's (NYSE:VRTV) Recent Growth In Returns
Aug 01Should You Be Adding Veritiv (NYSE:VRTV) To Your Watchlist Today?
Jun 27These 4 Measures Indicate That Veritiv (NYSE:VRTV) Is Using Debt Safely
May 27Why We Like The Returns At Veritiv (NYSE:VRTV)
Apr 11Here's Why We Think Veritiv (NYSE:VRTV) Is Well Worth Watching
Mar 24We Think Veritiv (NYSE:VRTV) Can Manage Its Debt With Ease
Feb 21Under The Bonnet, Veritiv's (NYSE:VRTV) Returns Look Impressive
Jan 10Veritiv: Volatile Earnings But Strong Free Cash Flow, Relative Price Strength On The Chart
Dec 21Here's Why We Think Veritiv (NYSE:VRTV) Is Well Worth Watching
Dec 15Estimating The Fair Value Of Veritiv Corporation (NYSE:VRTV)
Dec 01Veritiv Corporation Q3 Earnings Preview
Nov 07Veritiv (NYSE:VRTV) Seems To Use Debt Rather Sparingly
Oct 13Veritiv (NYSE:VRTV) Is Very Good At Capital Allocation
Aug 26Does Veritiv (NYSE:VRTV) Deserve A Spot On Your Watchlist?
Aug 10Veritiv Corporation Q2 Earnings Preview
Aug 08These 4 Measures Indicate That Veritiv (NYSE:VRTV) Is Using Debt Reasonably Well
Jul 07Veritiv (NYSE:VRTV) Is Looking To Continue Growing Its Returns On Capital
May 23Is Now The Time To Put Veritiv (NYSE:VRTV) On Your Watchlist?
May 07Why Veritiv Is Still A Buy
Apr 14Is Veritiv (NYSE:VRTV) Using Too Much Debt?
Apr 06Improved Earnings Required Before Veritiv Corporation (NYSE:VRTV) Stock's 32% Jump Looks Justified
Mar 03Veritiv (NYSE:VRTV) Shareholders Will Want The ROCE Trajectory To Continue
Feb 14Is Now The Time To Put Veritiv (NYSE:VRTV) On Your Watchlist?
Jan 26Revenue & Expenses Breakdown
How Veritiv makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Sep 23 | 6,092 | 272 | 1,064 | 0 |
30 Jun 23 | 6,435 | 308 | 1,085 | 0 |
31 Mar 23 | 6,798 | 328 | 1,116 | 0 |
31 Dec 22 | 7,146 | 338 | 1,154 | 0 |
30 Sep 22 | 7,348 | 323 | 1,179 | 0 |
30 Jun 22 | 7,311 | 267 | 1,185 | 0 |
31 Mar 22 | 7,149 | 202 | 1,183 | 0 |
31 Dec 21 | 6,851 | 145 | 1,150 | 0 |
30 Sep 21 | 6,628 | 120 | 1,119 | 0 |
30 Jun 21 | 6,451 | 101 | 1,106 | 0 |
31 Mar 21 | 6,198 | 56 | 1,085 | 0 |
31 Dec 20 | 6,346 | 34 | 1,144 | 0 |
30 Sep 20 | 6,539 | 6 | 1,182 | 0 |
30 Jun 20 | 6,872 | -10 | 1,229 | 0 |
31 Mar 20 | 7,425 | -3 | 1,313 | 0 |
31 Dec 19 | 7,659 | -29 | 1,331 | 0 |
30 Sep 19 | 8,055 | -24 | 1,382 | 0 |
30 Jun 19 | 8,323 | -27 | 1,397 | 0 |
31 Mar 19 | 8,537 | -27 | 1,409 | 0 |
31 Dec 18 | 8,696 | -16 | 1,418 | 0 |
30 Sep 18 | 8,690 | -13 | 1,413 | 0 |
30 Jun 18 | 8,614 | -28 | 1,422 | 0 |
31 Mar 18 | 8,471 | -27 | 1,401 | 0 |
31 Dec 17 | 8,365 | -13 | 1,384 | 0 |
30 Sep 17 | 8,260 | -21 | 1,362 | 0 |
30 Jun 17 | 8,270 | -1 | 1,337 | 0 |
31 Mar 17 | 8,301 | 16 | 1,333 | 0 |
31 Dec 16 | 8,327 | 21 | 1,325 | 0 |
30 Sep 16 | 8,408 | 27 | 1,335 | 0 |
30 Jun 16 | 8,501 | 36 | 1,342 | 0 |
31 Mar 16 | 8,600 | 32 | 1,360 | 0 |
31 Dec 15 | 8,718 | 27 | 1,373 | 0 |
30 Sep 15 | 8,897 | 3 | 1,395 | 0 |
30 Jun 15 | 9,067 | -26 | 1,409 | 0 |
31 Mar 15 | 8,237 | -27 | 1,264 | 0 |
31 Dec 14 | 7,407 | -19 | 1,115 | 0 |
30 Sep 14 | 6,445 | -7 | 977 | 0 |
30 Jun 14 | 5,498 | 12 | 836 | 0 |
31 Mar 14 | 5,571 | 7 | 848 | 0 |
31 Dec 13 | 5,652 | 0 | 862 | 0 |
30 Sep 13 | 5,758 | 3 | 881 | 0 |
31 Dec 12 | 6,012 | 14 | 905 | 0 |
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
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2023/12/01 12:55 |
End of Day Share Price | 2023/11/29 00:00 |
Earnings | 2023/09/30 |
Annual Earnings | 2022/12/31 |
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.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
| |
Management | 10 years |
| |
Key Developments | 10 years |
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* 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
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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.
Analyst | Institution |
---|---|
Scott Gaffner | Barclays |
George Staphos | BofA Global Research |
James Clement | Macquarie Research |