Quad/Graphics, Inc.
Quad/Graphics, Inc. (QUAD) is listed on NYSE and classified in Specialty Business Services, part of the Industrials sector. It is headquartered in Sussex, United States and has 10,100 employees. The company is worth $501.23M and trades at 14.3x its earnings of the last twelve months; the median for its sector is 24.3x. Revenue was $2.42B in fiscal 2025, down 9.4% from the year before. Net income was $27M. The share price is 12.6% below its 52-week high of $11.15. It pays a dividend yielding 4.11%. 5 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Renaissance Technologies, at $5.67M. In that quarter, 1 of them reduced the position. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +135.1% over 5Y.
today you would have $2,722.38▲ +172.2%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 16 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $6.27 | $6.97 | $5.42 | $4.08 | $4.00 | $3.82 | $4.67 | $12.32 | $22.60 | $26.88 | $9.30 | $22.96 | $27.23 | $20.39 | $14.34 | $41.26 | |
| P/E | 22.7x | 11.6x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 4.1% dividend yield. Growth capped at 25%.
Median P/E of 24.3 among peers in the sector.
Median P/E of 22.7 across this company’s own years on record.
Cash flow growing 5.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 13.2x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 0.0% a year against a 9.5% required return, from the stock’s beta.
Companies of similar size in Industrials, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| PANLPangaea Logistics Solutions Ltd. | $7.61 | 10.4x | 1.1x | 5.26% | 10.36% | $498.26M |
| ROMARoma Green Finance Ltd | $8.34 | — | 52.0x | 0.00% | -44.17% | $496.77M |
| FACFactorial Energy Inc. | $4.76 | — | 6.0x | 0.00% | — | $511.3M |
| ONTOnterris, Inc. | $14.64 |
| — |
| — |
| 22.7x |
| 5.6x |
| — |
| — |
| 77.0x |
| 10.9x |
| 29.9x |
| — |
| 60.4x |
| 41.9x |
| 11.5x |
| — |
| — |
| P/S | 0.1x | 0.1x | 0.1x | 0.1x | 0.1x | 0.1x | 0.1x | 0.1x | 0.2x | 0.3x | 0.3x | 0.1x | 0.2x | 0.3x | 0.2x | 0.2x | 0.5x |
| P/B | 1.1x | — | — | — | 1.2x | 1.5x | 2.3x | 1.0x | 1.4x | 2.2x | 3.0x | 1.1x | 1.0x | 1.0x | 0.8x | 0.5x | 1.0x |
| EPS | $0.54 | -$1.07 | -$1.14 | $0.18 | $0.71 | -$2.53 | -$3.12 | $0.16 | $2.07 | $0.90 | -$13.40 | $0.38 | $0.65 | $1.78 | -$1.00 | -$6.67 |
| Dividend yield | 4.84% | 4.78% | 2.87% | — | — | — | 3.93% | 22.48% | 9.74% | 5.31% | 4.46% | 12.90% | 5.23% | 4.41% | 4.90% | 4.18% | — |
| Payout | 133.33% | 55.56% | — | — | — | — | — | — | 750.00% | 57.97% | 133.33% | — | 315.79% | 184.62% | 56.18% | — | — |
| Profit margin | 0.25% | 1.12% | -1.90% | -1.87% | 0.29% | 1.28% | -4.38% | -3.98% | 0.21% | 2.71% | 1.04% | -13.96% | 0.39% | 0.68% | 2.13% | -1.08% | -7.85% |
| ROE | 1.92% | — | — | — | 5.38% | 27.63% | -152.56% | -68.98% | 1.92% | 20.52% | 10.17% | -151.43% | 1.61% | 2.52% | 7.07% | -3.60% | -16.88% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
7 methods answered, across 4 families.
Room for errors in the reported numbers.
+60.8% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| — |
| 1.2x |
| 0.00% |
| -2.39% |
| $514.12M |
| BLDPBallard Power Systems Inc. | $1.49 | — | 0.8x | 0.00% | -12.92% | $523.13M |
| HYHyster-yale Inc | $29.20 | — | 1.3x | 4.97% | -23.61% | $523.57M |