QUAD · NYSE · Specialty Business Services

Quad/Graphics (QUAD)

Runs print, direct mail, creative, media, data, and marketing technology services.

$9.58
vs last close+0.08 (+0.84%)
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Quad/Graphics, Inc.QUAD
Industrials

Sells production, creative, media, intelligence, and technology services through an MX Solutions Suite. The business is concentrated in U.S. print and related services, with Latin America print operations after the European divestiture.

Built around the MX Solutions Suite, the business combines Production, Creative, Media, Intelligence, and Technology with legacy commercial printing, packaging, in-store signage, branded merchandise, managed services, and postal optimization.

Operations are concentrated in U.S. print and related services, with an International segment now mainly tied to Latin America after the European operations sale. Core customers sit in commerce verticals such as retail, consumer packaged goods, direct-to-consumer, financial services, health, and publishing.

Execution depends on integrating data, creative, media, technology, direct mail, logistics, and large-scale production. Print-demand decline, industry overcapacity, postal-cost changes, and USPS work-sharing economics shape the operating model.

Company facts

CEOJ. Joel Quadracci
ListedJul 6, 2010
ExchangeNYSE
HeadquartersSussex, WI
CountryUnited States
Employees10,100
CIK0001481792
ISINUS7473011093

Market cap$489.8M
EPS (ttm)$0.6300
P/E (ttm)15.08
ROE26.2%
P/B3.93
P/S0.1718
Dividend yieldDiv yield3.95%
Beta0.50vs XLI −0.07

Price target$13.50+42.1%Average of 7 analysts
ConsensusBuy5 of 7 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 3, 2026BarringtonTarget
Target: $8.50
Target: $13.50

Next report
Oct 27, 26
in 35 days
EPS estimate
$0.36
Revenue estimate
$583.4M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$0.36$0.20$0.14$0.31$0.36$0.25$0.24Pending
Estimate$0.38$0.07$0.12$0.27$0.36$0.22$0.20$0.36
Surprise−5.3%+185.7%+16.7%+14.8%0.0%+13.6%+21.6%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$708.4M$629.4M$571.9M$588.0M$630.6M$581.0M$577.5MPending
Estimate$726.5M$588.1M$604.5M$632.9M$633.1M$581.1M$545.1M$583.4M
Surprise−2.5%+7.0%−5.4%−7.1%−0.4%0.0%+5.9%
Estimate$0.36
ReportedDue Oct 27, 2026
Estimate$583.4M
ReportedDue Oct 27, 2026
View details

Debt to equity376.30%
Current ratio87.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$674.8M$708.4M$629.4M$571.9M$588.0M$630.6M$581.0M$1.05B
Net income−$24.7M$4.7M$5.8M−$100.0K$10.2M$11.1M$6.2M$3.7M
Net margin0.0%0.7%0.9%0.0%1.7%1.8%1.1%0.4%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$34.4M$39.3M$26.2M$22.9M$33.7M$36.0M$26.1M$14.9M
YoY growth+38.2%+14.9%+20.2%−9.1%−2.0%−8.4%−0.4%−34.9%

Balance sheet, Jun 30, 2026Cash & short-term investments $7.4M · Total debt $469.2M · Total assets $1.20B · Shareholders' equity $124.7M

Revenue
$1.05B
Operating income
$14.9M
Net income
$3.7M
View details

Dividend yield
3.95%
Next ex-date
Nov 17, 26
estimated · in 56 days
Annual dividend
$0.38
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26
Dividend$0.05$0.075$0.075$0.075$0.075$0.10$0.10$0.10
Annual yield2.83%3.58%4.75%4.44%5.71%4.70%4.87%3.71%
Ex-dateNov 18Feb 28May 22Aug 18Nov 17Feb 27May 21Aug 17
Payment dateDec 6Mar 14Jun 6Sep 5Dec 5Mar 13Jun 5Sep 4
View details

Institutions41.46%21.34M shares
148 holders · as of Jun 30, 2026
Insiders13.73%7.06M shares
22 holders · as of Aug 4, 2026
Strategic holders31.81%16.37M shares
3 holders · as of Feb 13, 2025
Other13.00%6.69M shares
remainder

51.46M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Quad/Graphics, Inc. Voting TrustStrategic10 percent owner
23.88%12.29M COMPANYfiled Feb 13, 2025
Quad/Graphics ESOP TrustInstitution
6.57%3.38Mfiled Feb 10, 2022
J. Joel QuadracciInsiderdirector, officer: Chairman & CEO
5.16%2.42M A · 229,364 Bfiled Mar 3, 2026
Miller Value Partners, LLCInstitution
4.93%2.54M Aas of Jun 30, 2026
BlackRock, Inc.Institution
4.45%2.29M Aas of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

  • Deluxe

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  • Cimpress

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  • Omnicom Group

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  • WPP (ADR)

    Global marketing group spanning media, data, creative, and production

  • Stagwell

    Digital-first agency network with media, commerce, and marketing tools

  • Ennis

    Trade printer overlapping in forms, envelopes, labels, and direct mail

Compare

CompanyPriceChange
Quad/Graphics$9.58+0.84%$489.8M15.17.00.2+1.0%
Deluxe$23.72+1.15%$1.07B10.46.10.5−4.2%
Cimpress$79.53−0.27%$1.93B21.215.70.5+8.7%
Omnicom Group$75.27−0.42%$20.74B40.97.30.9+63.4%
WPP (ADR)$25.72+0.26%$5.53B0.3−3.9%
Stagwell$8.46+1.30%$2.07B134.77.10.7+11.3%
Ennis$21.86+1.72%$543.7M14.01.4+3.4%
Median21.27.20.6+6.0%