Return On Invested Capital
29%
Trailing 12 months · Through 30 Sep 2023
Assumes a 21% tax rate.
Cash unavailable; invested capital does not subtract cash.
YoY relative change: -5.1%
Veritiv Corp financial metrics
Period Q3 2023 · Filed 03 Nov 2023
Key metrics snapshot
Return On Equity
34%
Trailing 12 months · Through 30 Sep 2023
YoY relative change: -35%
Return On Assets
13%
Trailing 12 months · Through 30 Sep 2023
YoY relative change: -8.8%
Operating Margin
6.2%
Trailing 12 months · Through 30 Sep 2023
YoY relative change: +9.1%
Current Ratio
2.02x
Period-end balance · Through 30 Sep 2023
YoY relative change: +2.1%
Debt-to-equity
0.07x
Period-end balance · Through 30 Sep 2023
YoY relative change: -89%
Revenues YoY
-17%
Trailing 12 months · Through 30 Sep 2023
NetIncomeLoss YoY
-16%
Trailing 12 months · Through 30 Sep 2023
Profitability
| Metric | Latest value | YoY relative change |
|---|---|---|
| Return On Invested Capital |
29%
Trailing 12 months · 30 Sep 2023
Assumes a 21% tax rate. Cash unavailable; invested capital does not subtract cash.
|
-5.1% |
| Return On Equity |
34%
Trailing 12 months · 30 Sep 2023
|
-35% |
| Return On Assets |
13%
Trailing 12 months · 30 Sep 2023
|
-8.8% |
| Operating Margin |
6.2%
Trailing 12 months · 30 Sep 2023
|
+9.1% |
Financial Health
| Metric | Latest value | YoY relative change |
|---|---|---|
| Current Ratio |
2.02x
Period-end balance · 30 Sep 2023
|
+2.1% |
| Debt-to-equity |
0.07x
Period-end balance · 30 Sep 2023
|
-89% |
Growth
| Metric | Latest value | YoY relative change |
|---|---|---|
| Revenues YoY |
-17%
Trailing 12 months · 30 Sep 2023
|
|
| NetIncomeLoss YoY |
-16%
Trailing 12 months · 30 Sep 2023
|
Share Metrics
| Metric | Latest value | YoY relative change |
|---|---|---|
| Entity Common Stock, Shares Outstanding |
13,567,310
Period-end balance · 30 Oct 2023
|
+0.62% |
| Common Stock, Shares, Outstanding |
13,551,081
Period-end balance · 30 Sep 2023
|
+0.38% |
| Weighted Average Number of Shares Outstanding, Basic |
13,550,000
Reported period · 30 Sep 2023
|
-2.2% |
| Weighted Average Number of Shares Outstanding, Diluted |
13,770,000
Reported period · 30 Sep 2023
|
-2.3% |
Supporting Metrics
These supporting metrics stay fully source-backed for deeper research. Scan the latest value and reported period first, then open a metric page when you need the full filing trail.
| Metric | Latest value | YoY relative change |
|---|---|---|
| Accounts Payable, Current |
$434,400,000
Period-end balance · 30 Sep 2023
|
-20% |
| Accounts Receivable, after Allowance for Credit Loss, Current |
$756,900,000
Period-end balance · 30 Sep 2023
|
-21% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax |
$12,200,000
Period-end balance · 30 Sep 2023
|
+36% |
| Additional Paid in Capital |
$619,400,000
Period-end balance · 30 Sep 2023
|
+1.3% |
| Assets |
$1,995,400,000
Period-end balance · 30 Sep 2023
|
-11% |
| Assets, Current |
$1,353,600,000
Period-end balance · 30 Sep 2023
|
-15% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents |
$40,200,000
Period-end balance · 30 Sep 2023
|
+19% |
| Common Stock, Par or Stated Value Per Share |
0.01
Period-end balance · 30 Sep 2023
|
0% |
| Common Stock, Shares Authorized |
100,000,000
Period-end balance · 30 Sep 2023
|
0% |
| Common Stock, Shares, Issued |
17,547,883
Period-end balance · 30 Sep 2023
|
+0.27% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent |
$278,600,000
Trailing 12 months · 30 Sep 2023
|
-18% |
| Deferred Income Tax Assets, Net |
$25,400,000
Period-end balance · 30 Sep 2023
|
-53% |
| Depreciation, Depletion and Amortization |
$40,100,000
Trailing 12 months · 30 Sep 2023
|
-16% |
| Earnings Per Share, Basic |
20
Trailing 12 months · 30 Sep 2023
|
-9.9% |
| Earnings Per Share, Diluted |
20
Trailing 12 months · 30 Sep 2023
|
-8.8% |
| Employee-related Liabilities, Current |
$55,900,000
Period-end balance · 30 Sep 2023
|
-34% |
| Goodwill |
$96,300,000
Period-end balance · 30 Sep 2023
|
0% |
| Income Tax Expense (Benefit) |
$94,100,000
Trailing 12 months · 30 Sep 2023
|
+6.1% |
| Interest Expense |
$17,800,000
Trailing 12 months · 30 Sep 2023
|
+11% |
| Lessee, Operating Lease, Liability, to be Paid |
$379,400,000
Period-end balance · 30 Sep 2023
|
-4.6% |
| Lessee, Operating Lease, Liability, to be Paid, Year Four |
$50,100,000
Period-end balance · 30 Sep 2023
|
-2.1% |
| Lessee, Operating Lease, Liability, to be Paid, Year One |
$86,000,000
Period-end balance · 30 Sep 2023
|
+6.8% |
| Lessee, Operating Lease, Liability, to be Paid, Year Three |
$69,200,000
Period-end balance · 30 Sep 2023
|
+24% |
| Lessee, Operating Lease, Liability, to be Paid, Year Two |
$75,500,000
Period-end balance · 30 Sep 2023
|
+11% |
| Lessee, Operating Lease, Liability, Undiscounted Excess Amount |
$45,300,000
Period-end balance · 30 Sep 2023
|
-12% |
| Liabilities |
$1,057,900,000
Period-end balance · 30 Sep 2023
|
-32% |
| Liabilities and Equity |
$1,995,400,000
Period-end balance · 30 Sep 2023
|
-11% |
| Liabilities, Current |
$669,200,000
Period-end balance · 30 Sep 2023
|
-16% |
| Long-term Debt and Lease Obligation |
$61,200,000
Period-end balance · 30 Sep 2023
|
-84% |
| Nonoperating Income (Expense) |
$4,000,000
Trailing 12 months · 30 Sep 2023
|
-51% |
| Operating Income (Loss) |
$379,700,000
Trailing 12 months · 30 Sep 2023
|
-9.6% |
| Operating Lease, Liability |
$334,100,000
Period-end balance · 30 Sep 2023
|
-3.5% |
| Operating Lease, Liability, Current |
$72,100,000
Period-end balance · 30 Sep 2023
|
+2.7% |
| Operating Lease, Liability, Noncurrent |
$262,000,000
Period-end balance · 30 Sep 2023
|
-5% |
| Operating Lease, Right-of-Use Asset |
$305,700,000
Period-end balance · 30 Sep 2023
|
-2.9% |
| Operating Lease, Weighted Average Discount Rate, Percent |
0.05
Period-end balance · 30 Sep 2023
|
0% |
| Other Assets, Current |
$100,700,000
Period-end balance · 30 Sep 2023
|
-27% |
| Other Assets, Noncurrent |
$360,100,000
Period-end balance · 30 Sep 2023
|
+6.7% |
| Other Liabilities, Noncurrent |
$326,700,000
Period-end balance · 30 Sep 2023
|
-9.5% |
| Preferred Stock, Par or Stated Value Per Share |
0.01
Period-end balance · 30 Sep 2023
|
0% |
| Preferred Stock, Shares Authorized |
10,000,000
Period-end balance · 30 Sep 2023
|
0% |
| Preferred Stock, Shares Issued |
0
Period-end balance · 30 Sep 2023
|
|
| Retained Earnings (Accumulated Deficit) |
$647,200,000
Period-end balance · 30 Sep 2023
|
+58% |
| Share-based Payment Arrangement, Expense |
$11,700,000
Trailing 12 months · 30 Sep 2023
|
+24% |
| Stockholders' Equity Attributable to Parent |
$937,500,000
Period-end balance · 30 Sep 2023
|
+37% |
Comparisons, sources and research notes
Sources and sharing
Veritiv Corp Financial Facts
- Context
- Latest metrics period: Q3 2023
- Latest reported value
- Return On Invested Capital 29%
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Open metric pages to inspect the reported history.
Tracking and update notes
Why revisit this company facts page
Company facts change as new 10-Q and 10-K filings update the latest reported period, headline values, and cross-company comparison context.
- Latest source-backed update
- Latest metrics period Q3 2023
- Why come back
- Use the next filing cycle to compare new facts against this baseline and then verify the detailed metric history.
- Current latest metrics period: Q3 2023.
- Most recent SEC facts end date on this page: 30 Oct 2023.
- Save this filer to return when the next filing-backed metric period changes the picture.
Freshness comes from the latest SEC company facts period available for this filer and the linked metric history pages.
Latest update
Latest update for Veritiv Corp
Latest financial period: Q3 2023. Reopen this facts page to verify the newest reported period against the prior baseline.
Update date
03 Nov 2023
Page type
Company facts
Latest period
Q3 2023
SEC-backed company facts were refreshed from filings filed on 03 Nov 2023.
Benchmark Context
How Return On Invested Capital compares
Return On Invested Capital is down about 5.1% versus the comparable prior period.
Compared with
Compared with Veritiv Corp's recent history first. Same-industry peer context appears only when enough SEC-backed benchmark coverage exists.
Why this is notable
Return On Invested Capital already has a self-history signal here, but same-industry benchmark context waits until the benchmark sample is strong enough.
- Latest comparable period on this page: Q3 2023.
- Peer context will appear when enough companies report a comparable value for this metric.
- Open the metric history first if you want to verify the exact period-to-period change.
Industry benchmark context uses SEC-reported values from the same methodology version. Latest periods may differ across companies.
How to read key metrics on this page
These short guides explain what the headline metrics mean, what to compare next, and where to open the live SEC-backed example for this company.
Plain-English Guide
How to read Revenue on this page
Revenue is the sales a company reports from customers before most expenses are subtracted.
Why people care
People start here to understand business scale and whether demand is growing before they ask about margins or cash flow.
How to read it
Check the latest reported period first, then compare the same quarter or year against prior periods so seasonality does not distort the story.
Compare next
Compare revenue with gross profit, operating income, and operating cash flow to see whether sales are turning into healthy economics.
Revenue can jump because of acquisitions, pricing changes, or revenue-recognition rules, and reporting periods may differ across companies.
Open a live SEC-backed example
Plain-English Guide
How to read Net Income on this page
Net income is profit after operating costs, interest, taxes, and other non-operating items.
Why people care
It is the bottom-line profit figure many users recognize first, especially when they want to compare earnings with sales or cash flow.
How to read it
Use the same quarter or fiscal year comparison first, then check operating income or cash flow if the bottom line moved sharply.
Compare next
Compare it with operating income, EPS, and operating cash flow to see whether earnings are broad-based or driven by one-off items.
Net income can swing because of tax, financing, or accounting adjustments, so it is often less comparable than core operating metrics.
Open a live SEC-backed example
Filing notes and source
Key facts
- Veritiv Corp financial facts use SEC filings; any third-party reference is labeled separately.
- Latest metrics period on this page: Q3 2023.
- Headline metric: Return On Invested Capital 29%.
Change
- Return On Invested Capital YoY relative change: -5.1%.
- Most recent SEC facts end date: 30 Oct 2023.
Research use
- This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
- Metric cards link to SEC history; a third-party reference may use a different or unverified reporting period.
Evidence
Based on latest 10-Q/10-K
View source filing
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Open company facts to inspect the reported metric history.
Latest financial snapshot (2023-10-30) highlights Return On Invested Capital 28.9%, Return On Equity 33.5%, and Return On Assets 12.8%.
Valuation Snapshot
SEC-only DCF estimate using a normalized free cash flow base, cash, debt, and reported share count when available.
No market comparison
No market comparison
Medium confidence
Fair value per share
$456.67
Market price
n/a
PEG ratio
n/a
Enterprise value
$6.35B
Equity value
$6.29B
DCF fair value scenarios
Bear
$339.31
- Growth
- 9%
- Discount
- 11%
- Terminal
- 2%
Base
$456.67
- Growth
- 12%
- Discount
- 10%
- Terminal
- 2.5%
Bull
$641.16
- Growth
- 15%
- Discount
- 9%
- Terminal
- 3%
Base growth: Free Cash Flow CAGR (2Y).
Key valuation metrics
EV/Revenue
n/a
Market price market EV / SEC revenue
Market enterprise value is unavailable
EV/EBITDA
n/a
Market price market EV / SEC EBITDA
Market enterprise value is unavailable
P/E
n/a
Market price market price / SEC EPS
Market cap is unavailable
P/S
n/a
Market price market cap / SEC revenue
Market cap is unavailable
P/B
n/a
Market price market cap / SEC equity
Market cap is unavailable
PEG
n/a
P/E / EPS CAGR
P/e or positive growth is unavailable
Core assumptions
- Projection
- 5 years
- FCF growth
- 4%
- Discount rate
- 10%
- Terminal growth
- 2.5%
SEC fact inputs
- DCF base FCF
- $313.8M
- Trailing SEC FCF
- Reported FCF
- $313.8M
- Net income
- $271.8M
- EBITDA
- $419.8M
- Cash
- n/a
- Debt
- $61.2M
- Equity
- $937.5M
- Shares
- 13,770,000
Data confidence notes
- Dcf base free cash flow: dcf base starts from trailing sec free cash flow
- Ticker missing for issuer
- Cash and equivalents missing: equity value treats cash as 0
- Dcf historical free cash flow growth is capped for scenario conservatism
- Peg unavailable: market price is missing
Compare This Company Through SEC-backed Metrics
Use these links to compare Veritiv Corp against other SEC filers on the same metric, then verify the company history from the paired facts page.
Revenues YoY
Latest value: -17%
NetIncomeLoss YoY
Latest value: -16%
Financial Quality Score
Transparent 0-100 scoring model based on profitability, financial health, and growth factors.
73.0/100
Balanced Confidence high
Return On Invested Capital
29%
Metric score 100.0/100
Return On Equity
34%
Metric score 100.0/100
Return On Assets
13%
Metric score 100.0/100
Financial Health
- Current Ratio
- 2.02x
- Debt to Equity
- 0.07x
Strengths
Return On Invested Capital, Return On Equity, and Return On Assets
Watchpoints
Operating Margin, Revenues YoY, and NetIncomeLoss YoY
Calculation methodology and other links
How we score
This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.
| Metric | Weight | V1 threshold |
|---|---|---|
| ROIC | 20 | 5% to 20% |
| ROE | 15 | 8% to 25% |
| ROA | 10 | 2% to 10% |
| Operating Margin | 5 | 5% to 25% |
| Current Ratio | 12 | 1.0x to 2.0x |
| Quick Ratio | 8 | 0.8x to 1.5x |
| Debt to Equity | 10 | 0.3x to 2.0x (lower is better) |
| Revenue YoY | 10 | -10% to +20% |
| Net Income YoY | 10 | -10% to +20% |
How Calculated (standard_v1)
Metrics are computed with a market-consensus convention designed for cross-portal comparability.
- Operating Income / Revenues using matching TTM or quarter periods; basis shown per metric
- Current Assets / Current Liabilities (latest instant quarter)
- (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
- Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
- TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
- TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
- TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
- Revenues YoY using available TTM or quarter comparison; basis shown per metric
- Net Income YoY using available TTM or quarter comparison; basis shown per metric
CIK / security context first