RRD · Rr Donnelley & Sons Co - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Annual Quarterly

Income Statement

Line item	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Revenue	$4.96B	$4.77B	$6.28B	$6.83B	$6.94B	$6.90B
Cost of Revenue	$3.99B	$3.79B	$5.09B	$5.48B	-	-
Gross Profit	$968.80M	$977.10M	$1.19B	$1.35B	-	-
R&D	-	-	-	-	-	-
SG&A	-	-	-	-	-	-
Total Operating Expenses	-	-	-	-	-	-
D&A	$130.50M	$145.70M	$169.20M	$181.40M	$191.40M	$204.20M
Operating Income	$163.50M	$108.10M	$98.60M	$208.60M	$226.50M	($300.60M)
Interest Expense	$127.60M	$135.10M	$150.60M	$168.30M	$179.60M	$198.70M
Income Tax	$44.90M	$10.00M	$56.60M	$37.90M	$108.70M	($12.30M)
Net Income	$3.70M	$98.50M	($93.20M)	($11.00M)	($34.40M)	($495.90M)
EPS - Basic	$0.05	$1.36	($1.31)	($0.16)	($0.49)	($7.09)
EPS - Diluted	$1.36	-	($1.31)	($0.16)	($0.49)	($7.09)

Balance Sheet

Line item	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Cash & Equivalents	$280.20M	$288.80M	$190.80M	$370.60M	$273.40M	$317.50M
Accounts Receivable	$1.06B	$1.01B	$1.16B	$1.30B	$1.42B	$1.35B
Inventory	$352.70M	$302.10M	$301.80M	$329.70M	$416.80M	$379.60M
Accounts Payable	$895.30M	$804.50M	$852.20M	$987.30M	$1.09B	$1.00B
Current Assets	$1.81B	$1.76B	$1.75B	$2.10B	$2.22B	$2.52B
Total Assets	$3.13B	$3.13B	$3.33B	$3.64B	$3.90B	$4.28B
Current Liabilities	$1.32B	$1.29B	$1.33B	$1.55B	$1.55B	$1.55B
Long-term Debt	$1.47B	$1.44B	$1.75B	$2.11B	$2.12B	$2.41B
Total Liabilities	$3.30B	$3.37B	$3.70B	$3.89B	$4.11B	$4.38B
Stockholders' Equity	($178.70M)	($257.70M)	($383.70M)	($260.10M)	($217.60M)	($105.70M)
Retained Earnings	($2.24B)	($2.24B)	($2.34B)	($2.23B)	($2.23B)	($2.16B)

Cash Flow

Line item	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Operating Cash Flow	$92.10M	$149.80M	$139.30M	$203.50M	$217.90M	$125.20M
Investing Cash Flow	($55.30M)	$305.00M	($25.80M)	($7.40M)	$24.70M	($210.50M)
Financing Cash Flow	($75.30M)	($329.30M)	($289.40M)	($77.20M)	($294.30M)	$29.00M
CapEx	$73.30M	$85.60M	$138.80M	$104.40M	$108.50M	$172.10M
Free Cash Flow	$18.80M	$64.20M	$500.0K	$99.10M	$109.40M	($46.90M)

Ratios

Metric	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Profitability
Gross margin	19.5%	20.5%	19.0%	19.7%	-	-
Operating margin	3.3%	2.3%	1.6%	3.1%	3.3%	-4.4%
EBITDA margin	5.9%	5.3%	4.3%	5.7%	6.0%	-1.4%
Net margin	0.1%	2.1%	-1.5%	-0.2%	-0.5%	-7.2%
Free cash flow margin	0.4%	1.3%	0.0%	1.5%	1.6%	-0.7%
FCF / Net income	5.08	0.65	-0.01	-9.01	-3.18	0.09
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	-	-	-	-	-	-
Effective tax rate	92.4%	9.2%	-	140.9%	146.3%	-
Return on assets	0.1%	3.1%	-2.8%	-0.3%	-0.9%	-11.6%
Return on equity	-2.1%	-38.2%	24.3%	4.2%	15.8%	469.2%
Return on invested capital	6.3%	8.3%	5.7%	5.6%	5.9%	-10.3%
Liquidity
Current ratio	1.37	1.36	1.32	1.35	1.43	1.62
Quick ratio	1.10	1.13	1.09	1.14	1.16	1.38
Cash ratio	0.21	0.22	0.14	0.24	0.18	0.20
Leverage
Debt / Equity	-8.21	-5.60	-4.55	-8.13	-9.75	-22.76
Debt / Assets	0.47	0.46	0.52	0.58	0.54	0.56
Debt / EBITDA	4.99	5.68	6.52	5.42	5.08	-
Interest coverage	1.3x	0.8x	0.7x	1.2x	1.3x	-1.5x
Equity multiplier	-17.52	-12.15	-8.68	-14.00	-17.94	-40.54
Liabilities / Assets	1.05	1.08	1.11	1.07	1.05	1.02
Efficiency
Asset turnover	1.59	1.52	1.88	1.88	1.78	1.61
Inventory turnover	11.33	12.54	16.85	16.63	-	-
Days sales outstanding	78d	77d	68d	69d	75d	72d
Days inventory outstanding	32d	29d	22d	22d	-	-
Days payable outstanding	82d	77d	61d	66d	-	-
Cash conversion cycle	29d	29d	28d	26d	-	-
Valuation
P / E	-	-	-	-	-	-
P / B	-	-	-	-	-	-
P / S	-	-	-	-	-	-
EV / EBITDA	-	-	-	-	-	-
Growth
Revenue growth (YoY)	4.1%	-24.1%	-8.1%	-1.5%	0.6%	-38.7%
Revenue CAGR (3y)	-10.1%	-11.8%	-3.1%	-15.3%	-15.7%	-13.0%
Revenue CAGR (5y)	-6.4%	-15.8%	-11.6%	-8.2%	-7.5%	-8.3%
Gross profit growth (YoY)	-0.8%	-18.0%	-11.7%	-	-	-
Operating income growth (YoY)	51.2%	9.6%	-52.7%	-7.9%	-	-
Net income growth (YoY)	-96.2%	-	-747.3%	68.0%	93.1%	-
EPS growth (YoY)	-	-	-718.8%	67.3%	93.1%	-
EPS CAGR (3y)	-	-	-	-	-	-
EPS CAGR (5y)	-	-	-	-	-	-
FCF growth (YoY)	-70.7%	12740.0%	-99.5%	-9.4%	-	-
FCF CAGR (5y)	-	-32.1%	-74.5%	-27.0%	-25.8%	-
Book value growth (YoY)	30.7%	32.8%	-47.5%	-19.5%	-105.9%	-

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2021-12-31.

Business segments

$5.04B total

Business Services Segment$3.97B · 78.7%

Marketing Solutions Segment$1.07B · 21.3%

Product / service

$4.96B total

Commercial Print Product$1.54B · 30.9%

Packaging Products$770.50M · 15.5%

Direct Marketing Product$534.40M · 10.8%

Labels Product$532.90M · 10.7%

Digital Print And Fulfillment Product$431.80M · 8.7%

Statements Product$430.00M · 8.7%

Supply Chain Management Product$279.70M · 5.6%

Forms Product$195.30M · 3.9%

Business Process Outsourcing Services$165.60M · 3.3%

Digital And Creative Solutions Services$88.00M · 1.8%

Geographic

$4.96B total

US$3.44B · 69.3%

Asia$1.07B · 21.6%

Europe$229.30M · 4.6%

Other Geographic Area$221.20M · 4.5%

Stability scores

Altman Z′

FY 2021 · bankruptcy risk

1.23

Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2021 · 9-point quality

5/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
✗Long-term debt decreased
✓Current ratio improved
✗No share dilution
✗Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Commercial Printing

Company	Revenue (last FY)	Net margin	ROE
PMTS	$543.53M	2.8%	-86.3%
QUAD	$2.42B	1.1%	-45.4%
CMPR	$3.40B	0.4%	-2.6%

Comparing RR Donnelley & Sons Co against the 3 most active filers in the same SIC group.