Veritiv Corporation

Veritiv Corporation (NYSE: VRTV) is a leading North American business-to-business distributor of print, publishing, packaging, facility, and logistics solutions. With approximately 8,900 employees and $9 billion in revenue, we serve customers across virtually every industry. Our history goes back more than 150 years, and our legacy companies achieved past success by upholding high standards of efficiency, integrity, accountability, and customer focus. We leverage this rich history as one team shaping success through exceptional service, innovative people, and consistent values.
Veritiv has an expansive North American network with more than 180 locations, and we do business with more than half of the Fortune 500. We’re a big company, but we’re also a new company, shaping our systems and processes to support a successful and sustainable future.

Company Growth (employees)
Type
Public
HQ
Atlanta, US
Founded
2014
Size (employees)
8,700 (est)-1%
Veritiv Corporation was founded in 2014 and is headquartered in Atlanta, US

Veritiv Corporation Office Locations

Veritiv Corporation has offices in Atlanta, Suwanee, Fort Lauderdale, Fairfield and in 21 other locations
Show all (25)

Veritiv Corporation Data and Metrics

Veritiv Corporation Financial Metrics

Veritiv Corporation's revenue was reported to be $2 b in Q1, 2017
USD

Revenue (Q1, 2017)

2 b

Gross profit (Q1, 2017)

365.3 m

Gross profit margin (Q1, 2017), %

18%

Net income (Q1, 2017)

(2.2 m)

EBIT (Q1, 2017)

3.9 m

Market capitalization (25-Jul-2017)

625.2 m

Cash (31-Mar-2017)

52.4 m
Veritiv Corporation's current market capitalization is $625.2 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

7.4 b8.7 b8.3 b

Revenue growth, %

18%(4%)

Cost of goods sold

6.2 b7.2 b6.8 b

Gross profit

1.2 b1.6 b1.5 b

Gross profit Margin, %

17%18%18%

General and administrative expense

689.1 m853.9 m826.2 m

Operating expense total

689.1 m853.9 m826.2 m

EBIT

(6.4 m)78.6 m75.9 m

EBIT margin, %

(0%)1%1%

Interest expense

14 m27 m27.5 m

Pre tax profit

(21.6 m)44.9 m40.8 m

Income tax expense

(2.1 m)18.2 m(2.1 m)

Net Income

(19.6 m)26.7 m21 m
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

2 b2.1 b2.1 b2 b

Cost of goods sold

1.7 b1.7 b1.7 b1.6 b

Gross profit

365.3 m372.9 m382.8 m365.3 m

Gross profit Margin, %

18%18%18%18%

General and administrative expense

200.9 m207.7 m207.3 m211.6 m

Operating expense total

200.9 m207.7 m207.3 m211.6 m

EBIT

15.5 m24.1 m23 m3.9 m

EBIT margin, %

1%1%1%0%

Interest expense

6.5 m6.4 m8.2 m6.4 m

Pre tax profit

7.5 m14.1 m13.6 m(3.6 m)

Income tax expense

4.2 m6.2 m8 m(1.4 m)

Net Income

3.3 m7.9 m5.6 m(2.2 m)
USDFY, 2014FY, 2015FY, 2016

Cash

54.4 m69.6 m

Accounts Receivable

1 b1 b

Inventories

4.7 m720.6 m707.9 m

Current Assets

1.9 b1.9 b

PP&E

363.7 m371.8 m

Goodwill

50.2 m50.2 m

Total Assets

2.5 b2.5 b

Accounts Payable

9 m565.1 m654.1 m

Total Debt

803.3 m752.1 m

Current Liabilities

814.2 m867.8 m

Total Liabilities

1.9 b

Additional Paid-in Capital

566.2 m574.5 m

Retained Earnings

(1.3 m)19.7 m

Total Equity

530.1 m541.8 m

Debt to Equity Ratio

1.5 x1.4 x

Debt to Assets Ratio

0.3 x0.3 x

Financial Leverage

4.7 x4.6 x
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

63.5 m79.4 m53.5 m47.7 m46.1 m59.2 m52.4 m

Inventories

688.1 m711.5 m705.4 m728.4 m692.9 m703.7 m725.2 m

Current Assets

1.9 b1.9 b2 b1.9 b1.9 b2 b1.9 b

PP&E

376.5 m377.2 m368.5 m359.3 m356.4 m

Goodwill

52.4 m52.1 m52.1 m50.2 m50.2 m50.2 m50.2 m

Total Assets

2.5 b2.5 b2.5 b2.4 b2.4 b2.5 b2.5 b

Accounts Payable

642.5 m618.8 m645.3 m590.6 m604.1 m641.8 m604.3 m

Current Liabilities

892.9 m875.2 m901.8 m813.2 m820 m858.5 m795.4 m

Additional Paid-in Capital

563.4 m564.4 m565.4 m568.2 m571.3 m573.4 m578.2 m

Retained Earnings

(30.2 m)(25.9 m)(11.4 m)

Total Equity

504.7 m510.1 m521.5 m539 m548.5 m554.6 m546.1 m

Financial Leverage

5 x5 x4.9 x4.5 x4.4 x4.5 x4.5 x
USDFY, 2014FY, 2015FY, 2016

Net Income

(19.6 m)26.7 m21 m

Depreciation and Amortization

37.6 m56.9 m54.7 m

Accounts Receivable

(17.3 m)53.4 m(14.7 m)

Inventories

28.2 m(62 m)13.1 m

Accounts Payable

(44.5 m)(8.4 m)69.9 m

Cash From Operating Activities

6.1 m113 m140.2 m

Purchases of PP&E

(17.2 m)(44.4 m)(41 m)

Cash From Investing Activities

19.9 m(44.1 m)(34.4 m)

Long-term Borrowings

(2.3 b)(4.7 b)(4.6 b)

Cash From Financing Activities

21.9 m(70.4 m)(89.9 m)

Interest Paid

11.5 m21.7 m20.6 m

Income Taxes Paid

2 m1.9 m11.6 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

3.3 m7.9 m5.6 m(2.2 m)

Depreciation and Amortization

13.5 m13.6 m13.4 m13.1 m

Inventories

688.1 m711.5 m705.4 m728.4 m692.9 m703.7 m725.2 m

Accounts Payable

642.5 m618.8 m645.3 m590.6 m604.1 m641.8 m604.3 m
USDY, 2017

Revenue/Employee

229.3 k

Financial Leverage

4.5 x

Veritiv Corporation Market Value History

Veritiv Corporation Online and Social Media Presence

Veritiv Corporation Company Life and Culture

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