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Quad Graphics (QUAD) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Quad Graphics
NYSE•Industrials•Specialty Business Services
$10.70+0.34(0.03%)Market closed
Market Cap
$462.24M
P/E
14.8x
P/S
0.2x
P/B
3.7x

Quad/Graphics, Inc. provides marketing solutions in North America, Mexico, Central America, the Caribbean, Europe, the Middle East, Africa, South America, and Asia. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, long-run publications, catalogs, special interest publications, journals, direct mail, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; paper procurement services; and manufactures ink. The company also provides marketing and other services, including data intelligence and analytics, technology solutions, media planning, placement and optimization, creative strategy, and content creation, as well as execution in non-print digital and broadcast channels; and provides medical services. It serves blue-chip companies that operate in various industries and serve businesses and consumers across various industry verticals, including retail, consumer packaged goods and direct-to-consumer, financial services, and health. Quad/Graphics, Inc. was founded in 1971 and is headquartered in Sussex, Wisconsin.

C

How this company scores

AverageMetricSide Score: 43/100

Strongest: Profitability (16/25); weakest: Cash & Earnings Quality (4/25).

Profitability16/25
Growth12/25
Balance Sheet & Red Flags11/25
Cash & Earnings Quality4/25
Strengths
High ROERising earningsProfit converts from growthImproving leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 14.8x5y range 5.4x – 21.5x
P/E 14.8x · near its 7-quarter median

Currently near its 7-quarter median.

P/S · 0.2x5y range 0.0x – 0.2x
P/S 0.2x · above its 20-quarter median

Currently above its 20-quarter median.

P/B · 3.7x5y range 1.0x – 6.5x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Price & Volume
Market Cap $462.24M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$2.38B
8%
Q. Revenue
$577.50M
2Q
TTM EBITDA
$164.90M
2Q
TTM Op. Income
$96.30M
100%
Q. Op. Income
$14.90M
2Q
TTM Net Income
$31.20M
7Q
Q. Net Income
$3.70M
2Q
EPS
$0.08
2Q
Shares Out.
$48.00M
2Q
$2.38B in TTM revenue declined 8.0% YoY, reaching $577.50M last quarter. TTM EBITDA of $164.90M and TTM operating income of $96.30M show growth is flowing through to the bottom line. TTM net income of $31.20M means revenue is converting into profit. Over the past year, TTM revenue is down 8% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin
5.6%
2Q
Op. Margin
2.6%
2Q
Net Margin
0.6%
2Q
Op. margin of 2.6% is up 0.2% YoY — cost efficiency is improving. Net margin at 0.6% Across the last 8 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
14.8x
2Q
P/S Ratio
0.2x
5Q
P/B Ratio
3.7x
2Q
At 14.8x P/E, the stock trades below typical market levels. P/S of 0.2x and P/B of 3.7x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 4 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$1.20B
3Q
Cash
$7.40M
10%
Long-Term Debt
$349.80M
17%
Book Value
$124.70M
2Q
D/E Ratio
2.8
42%
Debt/EBITDA
10.9
2Q
With $1.20B in assets and $349.80M in long-term debt, D/E is 2.8and book value is $124.70M — elevated leverage, meaning significant financial risk in a downturn. Over the past year, debt/equity is down 42% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$52.80M
11%
TTM Free Cash Flow
$50.40M
30%
FCF Margin
2.1%
23%
FCF / Net Income
1.6
132%
TTM FCF of $50.40M on $52.80M in operating cash flow. The FCF / Net Income ratio of 1.6x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 30% — an improving trend.

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· above its 20-quarter median

Currently above its 20-quarter median.

Leverage Risk

Watch

D/E ratio of 2.8 is elevated. Watch for further debt accumulation.

Revenue Decline

Red Flag

Revenue declined in 6 of the last 7 quarters — persistent contraction signals a fundamental problem.

Cash Burn

Watch

4 of the last 8 quarters had negative FCF — inconsistent cash generation raises sustainability concerns.