Quad/Graphics, Inc. (QUAD) Stock

Quad/Graphics, Inc. (QUAD) is a Technology stock trading at $10.32 (as of 2026-08-21), with a market capitalization of $511.87M and a trailing P/E of 23.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Quad/Graphics, Inc. provides marketing and printing solutions through U.S. print and related services and international operations. It offers commercial and specialty printed products and related services, including paper procurement and marketing services such as audience targeting and campaign execution. It serves retailers, publishers, direct marketers, and other businesses.

Understand Quad/Graphics, Inc.: how it makes money

Quad/Graphics provides marketing solutions (including print and related services, plus marketing services like consumer insights, audience targeting, personalization, and media planning) and makes money by selling these offerings through its United States Print and Related Services and International segments.

The company converts brand and audience marketing needs into revenue by delivering printed marketing products and marketing services, with sales reported primarily through its United States Print and Related Services and International streams.

Revenue by segment (latest quarter)
US Print$0.6B
Intl Print$0.1B

Business quality (Weak): Clear two-segment operating structure and measurable operating inputs (client base and audience coverage), but profitability appears thin in the latest quarter (operating margin 3.0%) and recent operational KPIs point to execution pressure (staffing and glass shipment reduction).

Valuation: Trades at 15× trailing earnings · $0B market cap.

Bull case

  • Large, trackable client base: The company reports Current Client Count of 2900 and Existing Clients of 2500, giving investors an operating view into customer coverage.
  • Audience intelligence footprint is a measurable asset: Audience Intelligence Coverage United States Households is 92%, and the Household-Based Data Stack Share of Adult United States Population is 97%, supporting its marketing services offering.
  • Ongoing in-store go-live activity: In-Store Connect Go-Live Stores Bayarda is 15 and In-Store Connect by Quad Test Phase Stores is 15, indicating continued rollout work for its marketing platform.

Bear case

  • Thin operating profitability: In the latest quarter, operating margin is 3.0% (gross margin 21.2%), which leaves limited room for operational setbacks.
  • Operational headwinds show up in KPIs: North America Glass Shipments Reduction is 16% and Number of People Short of Staffing Requirement is 700, which can pressure output and service levels.
  • Revenue mix is heavily weighted to the United States segment: Net Sales United States Print and Related Services is 0.58B versus Net Sales International of 0.08B, so results may be more sensitive to U.S. conditions.
Valuation — source: SEC EDGAR (first-party)
Price$10.32
Market Cap$511.87M
P/E Ratio23.2
EV / EBITDA4.4
Price / Book4.04
Price / Sales0.22
FCF Yield-70.3%
DCF Value (model)$22.33
DCF Upside vs Price116.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$2.42B
Net Margin1.1%
Revenue Growth (YoY)-9.4%
EPS Growth (YoY)-153.3%
FCF Growth (YoY)-9.0%
Financial Health — source: SEC EDGAR
Altman Z-Score1.68 (distress)
Piotroski F-Score5/9 (moderate)
Valuation vs Sector & Industry
Stock P/E23.2
Sector P/E (Technology)33.9
Industry P/E (Business Services)29.9
vs Sector-31.6%
vs Industry-22.5%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock Fund Advisors ($23.73M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryBusiness Services
CEOAnne Bauer
Employees11,000
CountryUS
IPO Date2010-07-06

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QUAD earnings history · QUAD institutional & insider holders · QUAD KPIs & operating metrics · QUAD financials · QUAD investor presentations & press releases · QUAD SEC filings · QUAD peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.