ODP (ODP) Financials

$12.56 -0.87 (-6.48%)

As of 04:00 PM Eastern

Annual Income Statements for ODP

This table shows ODP's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	166	139	-3.00
Consolidated Net Income / (Loss)	166	139	-3.00
Net Income / (Loss) Continuing Operations	226	247	106
Total Pre-Tax Income	305	329	146
Total Operating Income	306	330	163
Total Gross Profit	1,845	1,761	1,445
Total Revenue	8,484	7,823	6,990
Operating Revenue	8,484	7,823	6,990
Total Cost of Revenue	6,639	6,062	5,545
Operating Cost of Revenue	6,639	6,062	5,545
Total Operating Expenses	1,539	1,431	1,282
Selling, General & Admin Expense	1,486	1,410	1,272
Other Operating Expenses / (Income)	0.00	0.00	-70
Impairment Charge	14	17	33
Restructuring Charge	39	4.00	47
Total Other Income / (Expense), net	-1.00	-1.00	-17
Interest Expense	16	20	23
Interest & Investment Income	5.00	10	9.00
Other Income / (Expense), net	10	9.00	-3.00
Income Tax Expense	79	82	40
Net Income / (Loss) Discontinued Operations	-60	-108	-109
Basic Earnings per Share	$3.48	$3.61	($0.08)
Weighted Average Basic Shares Outstanding	40.20M	36.63M	29.82M
Diluted Earnings per Share	$3.37	$3.50	($0.08)
Weighted Average Diluted Shares Outstanding	40.20M	36.63M	29.82M
Weighted Average Basic & Diluted Shares Outstanding	40.20M	36.63M	29.82M

This table shows ODP's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	67	17	72	34	70	-37	15	-73	58	-3.00
Consolidated Net Income / (Loss)	67	17	72	34	70	-37	15	-73	58	-3.00
Net Income / (Loss) Continuing Operations	67	84	72	43	82	50	15	-4.00	68	27
Total Pre-Tax Income	89	114	94	60	109	66	17	-4.00	95	38
Total Operating Income	84	118	95	60	108	67	18	0.00	102	43
Total Gross Profit	486	444	481	414	472	394	410	342	364	329
Total Revenue	2,172	2,100	2,108	1,907	2,007	1,801	1,871	1,717	1,780	1,622
Operating Revenue	2,172	2,100	2,108	1,907	2,007	1,801	1,871	1,717	1,780	1,622
Total Cost of Revenue	1,686	1,656	1,627	1,493	1,535	1,407	1,461	1,375	1,416	1,293
Operating Cost of Revenue	1,686	1,656	1,627	1,493	1,535	1,407	1,461	1,375	1,416	1,293
Total Operating Expenses	402	326	386	354	364	327	392	342	262	286
Selling, General & Admin Expense	391	322	382	347	360	321	359	309	323	281
Impairment Charge	3.00	6.00	4.00	6.00	3.00	4.00	6.00	8.00	7.00	12
Restructuring Charge	8.00	-2.00	0.00	1.00	1.00	2.00	27	25	2.00	-7.00
Total Other Income / (Expense), net	5.00	-4.00	-1.00	0.00	1.00	-1.00	-1.00	-4.00	-7.00	-5.00
Interest Expense	1.00	6.00	5.00	5.00	5.00	5.00	4.00	5.00	6.00	8.00
Interest & Investment Income	1.00	2.00	2.00	2.00	3.00	3.00	3.00	2.00	2.00	2.00
Other Income / (Expense), net	5.00	-	2.00	3.00	3.00	1.00	0.00	-1.00	-3.00	1.00
Income Tax Expense	22	30	22	17	27	16	2.00	0.00	27	11
Net Income / (Loss) Discontinued Operations	0.00	-67	0.00	-9.00	-12	-87	0.00	-69	-10	-30
Basic Earnings per Share	$1.38	$0.41	$1.79	$0.89	$1.83	($0.90)	$0.42	($2.05)	$1.75	($0.20)
Weighted Average Basic Shares Outstanding	45.81M	40.20M	38.60M	38.05M	37.38M	36.63M	35.89M	33.58M	30.12M	29.82M
Diluted Earnings per Share	$1.35	$0.39	$1.71	$0.87	$1.79	($0.87)	$0.40	($2.05)	$1.73	($0.16)
Weighted Average Diluted Shares Outstanding	45.81M	40.20M	38.60M	38.05M	37.38M	36.63M	35.89M	33.58M	30.12M	29.82M
Weighted Average Basic & Diluted Shares Outstanding	45.81M	40.20M	38.60M	38.05M	37.38M	36.63M	35.89M	33.58M	30.12M	29.82M

This table details how cash moves in and out of ODP's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	-133	-9.00	-224
Net Cash From Operating Activities	237	331	130
Net Cash From Continuing Operating Activities	251	360	159
Net Income / (Loss) Continuing Operations	226	247	106
Consolidated Net Income / (Loss)	166	139	-3.00
Net Income / (Loss) Discontinued Operations	-60	-108	-109
Depreciation Expense	118	99	97
Amortization Expense	2.00	2.00	2.00
Non-Cash Adjustments To Reconcile Net Income	64	70	87
Changes in Operating Assets and Liabilities, net	-159	-58	-133
Net Cash From Discontinued Operating Activities	-14	-29	-29
Net Cash From Investing Activities	-10	-2.00	-126
Net Cash From Continuing Investing Activities	-42	17	-102
Purchase of Property, Plant & Equipment	-55	-81	-98
Acquisitions	0.00	-16	-11
Sale of Property, Plant & Equipment	8.00	109	3.00
Other Investing Activities, net	5.00	5.00	4.00
Net Cash From Discontinued Investing Activities	32	-19	-24
Net Cash From Financing Activities	-355	-340	-225
Net Cash From Continuing Financing Activities	-355	-340	-225
Repayment of Debt	-64	-219	-625
Repurchase of Common Equity	-266	-295	-300
Issuance of Debt	-5.00	200	715
Other Financing Activities, net	-20	-26	-15
Net Cash From Discontinued Financing Activities	0.00	0.00	0.00
Other Net Changes in Cash	-5.00	2.00	-3.00
Cash Interest Paid	16	16	19
Cash Income Taxes Paid	17	35	-8.00

This table details how cash moves in and out of ODP's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	57	-70	-59	-8.00	51	7.00	-110	-92	4.00	-26
Net Cash From Operating Activities	163	158	157	-8.00	113	69	38	-11	75	28
Net Cash From Continuing Operating Activities	163	172	157	12	120	71	38	5.00	82	34
Net Income / (Loss) Continuing Operations	67	84	72	55	81	39	15	12	68	11
Consolidated Net Income / (Loss)	67	17	72	35	69	-37	15	-73	58	-3.00
Net Income / (Loss) Discontinued Operations	-	-67	0.00	-20	-12	-76	0.00	-85	-10	-14
Depreciation Expense	32	18	30	20	25	24	29	20	24	24
Amortization Expense	-	2.00	1.00	-	-	1.00	0.00	1.00	-	1.00
Non-Cash Adjustments To Reconcile Net Income	21	14	17	16	15	22	26	19	15	27
Changes in Operating Assets and Liabilities, net	43	54	37	-79	-1.00	-15	-32	-47	-25	-29
Net Cash From Discontinued Operating Activities	-	-14	0.00	-20	-7.00	-2.00	0.00	-16	-7.00	-6.00
Net Cash From Investing Activities	-24	-25	-31	77	-18	-30	-34	-19	-32	-41
Net Cash From Continuing Investing Activities	-24	17	-36	92	-13	-26	-34	-14	-30	-24
Purchase of Property, Plant & Equipment	-25	13	-27	-9.00	-20	-25	-35	-15	-22	-26
Sale of Property, Plant & Equipment	-	2.00	1.00	100	4.00	4.00	1.00	-	-	2.00
Net Cash From Discontinued Investing Activities	-	-42	5.00	-15	-5.00	-4.00	0.00	-5.00	-2.00	-17
Net Cash From Financing Activities	-77	-204	-185	-78	-43	-34	-113	-61	-40	-11
Net Cash From Continuing Financing Activities	-77	-204	-185	-78	-43	-34	-113	-61	-40	-11
Repayment of Debt	-2.00	-5.00	-65	-109	-42	-3.00	-131	-114	-213	-167
Repurchase of Common Equity	-69	-197	-201	-30	-33	-31	-50	-103	-101	-46
Issuance of Debt	-4.00	-1.00	100	65	35	-	74	165	274	202
Other Net Changes in Cash	-5.00	1.00	0.00	1.00	-1.00	2.00	-1.00	-1.00	1.00	-2.00
Cash Interest Paid	-	16	4.00	6.00	-5.00	11	3.00	5.00	5.00	6.00
Cash Income Taxes Paid	-	17	0.00	19	8.00	8.00	1.00	10	3.00	-22

This table presents ODP's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	4,149	3,887	3,529
Total Current Assets	1,910	1,739	1,438
Cash & Equivalents	403	381	166
Accounts Receivable	536	485	466
Inventories, net	828	765	770
Prepaid Expenses	36	28	30
Other Current Nonoperating Assets	107	80	6.00
Plant, Property, & Equipment, net	352	297	299
Total Noncurrent Assets	1,887	1,851	1,792
Goodwill	464	403	411
Intangible Assets	46	45	48
Noncurrent Deferred & Refundable Income Taxes	182	142	102
Other Noncurrent Operating Assets	1,195	1,261	1,231
Total Liabilities & Shareholders' Equity	4,149	3,887	3,529
Total Liabilities	2,862	2,786	2,722
Total Current Liabilities	1,859	1,697	1,543
Short-Term Debt	16	9.00	9.00
Accounts Payable	821	755	697
Current Deferred & Payable Income Tax Liabilities	17	6.00	2.00
Other Current Liabilities	1,005	915	835
Other Current Nonoperating Liabilities	-	12	0.00
Total Noncurrent Liabilities	1,003	1,089	1,179
Long-Term Debt	172	165	270
Capital Lease Obligations	693	789	779
Noncurrent Deferred & Payable Income Tax Liabilities	122	120	116
Noncurrent Employee Benefit Liabilities	16	15	14
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,287	1,101	807
Total Preferred & Common Equity	1,287	1,101	807
Total Common Equity	1,287	1,101	807
Common Stock	2,743	2,753	2,772
Retained Earnings	-451	-312	-315
Treasury Stock	-928	-1,226	-1,526
Accumulated Other Comprehensive Income / (Loss)	-77	-114	-124

This table presents ODP's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	4,418	4,041	3,961	3,980	3,735	3,653	3,691
Total Current Assets	2,108	1,813	1,738	1,754	1,524	1,476	1,538
Cash & Equivalents	473	343	335	384	282	180	181
Accounts Receivable	591	524	516	542	466	465	550
Inventories, net	890	793	836	782	733	778	760
Prepaid Expenses	47	43	38	37	36	38	35
Other Current Nonoperating Assets	107	110	13	9.00	7.00	15	12
Plant, Property, & Equipment, net	355	345	347	352	360	301	307
Total Noncurrent Assets	1,955	1,883	1,876	1,874	1,851	1,876	1,846
Goodwill	464	467	467	468	403	403	412
Intangible Assets	47	44	43	42	44	43	49
Noncurrent Deferred & Refundable Income Taxes	185	165	158	141	147	158	128
Other Noncurrent Operating Assets	1,259	1,207	1,208	1,223	1,257	1,272	1,257
Total Liabilities & Shareholders' Equity	4,418	4,041	3,961	3,980	3,735	3,653	3,691
Total Liabilities	2,919	2,893	2,800	2,825	2,666	2,760	2,835
Total Current Liabilities	1,893	1,845	1,782	1,760	1,624	1,642	1,667
Short-Term Debt	16	12	9.00	9.00	10	10	10
Accounts Payable	853	903	864	818	755	779	773
Current Deferred & Payable Income Tax Liabilities	9.00	7.00	6.00	3.00	5.00	5.00	4.00
Other Current Liabilities	1,015	923	903	930	854	840	874
Other Current Nonoperating Liabilities	0.00	-	-	-	-	8.00	6.00
Total Noncurrent Liabilities	1,026	1,048	1,018	1,065	1,042	1,118	1,168
Long-Term Debt	175	210	172	164	115	173	236
Noncurrent Deferred & Payable Income Tax Liabilities	124	123	122	118	122	113	118
Noncurrent Employee Benefit Liabilities	20	16	16	16	14	13	13
Other Noncurrent Operating Liabilities	707	699	-	767	791	819	801
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,499	1,148	1,161	1,155	1,069	893	856
Total Preferred & Common Equity	1,499	1,148	1,161	1,155	1,069	893	856
Total Common Equity	1,499	1,148	1,161	1,155	1,069	893	856
Common Stock	2,734	2,733	2,738	2,745	2,759	2,760	2,764
Retained Earnings	-468	-379	-344	-275	-297	-370	-312
Treasury Stock	-731	-1,131	-1,162	-1,194	-1,276	-1,380	-1,482
Accumulated Other Comprehensive Income / (Loss)	-36	-75	-71	-121	-117	-117	-114

This table displays calculated financial ratios and metrics derived from ODP's official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	0.22%	-7.79%	-10.65%
EBITDA Growth	7.39%	0.92%	-41.14%
EBIT Growth	22.48%	7.28%	-52.80%
NOPAT Growth	19.70%	9.27%	-52.23%
Net Income Growth	179.81%	-16.27%	-102.16%
EPS Growth	188.92%	3.86%	-102.29%
Operating Cash Flow Growth	-31.50%	39.66%	-60.73%
Free Cash Flow Firm Growth	-139.50%	166.34%	-86.12%
Invested Capital Growth	66.97%	-2.59%	4.83%
Revenue Q/Q Growth	0.69%	-3.76%	-2.61%
EBITDA Q/Q Growth	17.84%	1.15%	52.35%
EBIT Q/Q Growth	35.04%	3.99%	190.91%
NOPAT Q/Q Growth	31.66%	4.99%	337.23%
Net Income Q/Q Growth	232.80%	-27.98%	91.89%
EPS Q/Q Growth	223.44%	-26.47%	89.87%
Operating Cash Flow Q/Q Growth	32.40%	-21.19%	-23.98%
Free Cash Flow Firm Q/Q Growth	-939.36%	-29.25%	-14.29%
Invested Capital Q/Q Growth	49.37%	72.73%	85.03%
Profitability Metrics	-	-	-
Gross Margin	21.75%	22.51%	20.67%
EBITDA Margin	5.14%	5.62%	3.71%
Operating Margin	3.61%	4.22%	2.33%
EBIT Margin	3.72%	4.33%	2.29%
Profit (Net Income) Margin	1.96%	1.78%	-0.04%
Tax Burden Percent	54.43%	42.25%	-2.05%
Interest Burden Percent	96.52%	97.05%	91.25%
Effective Tax Rate	25.90%	24.92%	27.40%
Return on Invested Capital (ROIC)	17.11%	15.14%	7.15%
ROIC Less NNEP Spread (ROIC-NNEP)	181.27%	-9.44%	-10.18%
Return on Net Nonoperating Assets (RNNOA)	-4.92%	-3.50%	-7.47%
Return on Equity (ROE)	12.18%	11.64%	-0.31%
Cash Return on Invested Capital (CROIC)	-33.06%	17.77%	2.44%
Operating Return on Assets (OROA)	7.01%	8.44%	4.32%
Return on Assets (ROA)	3.68%	3.46%	-0.08%
Return on Common Equity (ROCE)	12.18%	11.64%	-0.31%
Return on Equity Simple (ROE_SIMPLE)	12.90%	12.62%	-0.37%
Net Operating Profit after Tax (NOPAT)	227	248	118
NOPAT Margin	2.67%	3.17%	1.69%
Net Nonoperating Expense Percent (NNEP)	-164.16%	24.58%	17.33%
Return On Investment Capital (ROIC_SIMPLE)	10.46%	12.00%	6.35%
Cost of Revenue to Revenue	78.25%	77.49%	79.33%
SG&A Expenses to Revenue	17.52%	18.02%	18.20%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	18.14%	18.29%	18.34%
Earnings before Interest and Taxes (EBIT)	316	339	160
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	436	440	259
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.62	1.91	0.86
Price to Tangible Book Value (P/TBV)	2.69	3.22	1.98
Price to Revenue (P/Rev)	0.25	0.27	0.10
Price to Earnings (P/E)	12.57	15.14	0.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	7.96%	6.61%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.55	1.66	0.93
Enterprise Value to Revenue (EV/Rev)	0.30	0.34	0.23
Enterprise Value to EBITDA (EV/EBITDA)	5.88	6.11	6.11
Enterprise Value to EBIT (EV/EBIT)	8.11	7.92	9.89
Enterprise Value to NOPAT (EV/NOPAT)	11.31	10.84	13.37
Enterprise Value to Operating Cash Flow (EV/OCF)	10.82	8.12	12.17
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	9.24	39.22
Leverage & Solvency	-	-	-
Debt to Equity	0.68	0.87	1.31
Long-Term Debt to Equity	0.67	0.87	1.30
Financial Leverage	-0.03	0.37	0.73
Leverage Ratio	3.31	3.37	3.89
Compound Leverage Factor	3.19	3.27	3.55
Debt to Total Capital	40.64%	46.66%	56.73%
Short-Term Debt to Total Capital	0.74%	0.44%	0.48%
Long-Term Debt to Total Capital	39.90%	46.22%	56.25%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	59.36%	53.34%	43.27%
Debt to EBITDA	2.02	2.19	4.08
Net Debt to EBITDA	1.10	1.32	3.44
Long-Term Debt to EBITDA	1.98	2.17	4.05
Debt to NOPAT	3.89	3.89	8.94
Net Debt to NOPAT	2.11	2.35	7.54
Long-Term Debt to NOPAT	3.81	3.85	8.86
Altman Z-Score	2.60	2.65	2.12
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	1.03	1.02	0.93
Quick Ratio	0.51	0.51	0.41
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-438	291	40
Operating Cash Flow to CapEx	504.26%	0.00%	136.84%
Free Cash Flow to Firm to Interest Expense	-27.39	14.54	1.75
Operating Cash Flow to Interest Expense	14.81	16.55	5.65
Operating Cash Flow Less CapEx to Interest Expense	11.88	17.95	1.52
Efficiency Ratios	-	-	-
Asset Turnover	1.88	1.95	1.89
Accounts Receivable Turnover	16.46	15.32	14.70
Inventory Turnover	7.87	7.61	7.22
Fixed Asset Turnover	20.47	24.11	23.46
Accounts Payable Turnover	7.50	7.69	7.64
Days Sales Outstanding (DSO)	22.18	23.82	24.83
Days Inventory Outstanding (DIO)	46.37	47.96	50.52
Days Payable Outstanding (DPO)	48.68	47.45	47.79
Cash Conversion Cycle (CCC)	19.87	24.33	27.56
Capital & Investment Metrics	-	-	-
Invested Capital	1,658	1,615	1,693
Invested Capital Turnover	6.40	4.78	4.23
Increase / (Decrease) in Invested Capital	665	-43	78
Enterprise Value (EV)	2,564	2,686	1,582
Market Capitalization	2,086	2,104	690
Book Value per Share	$28.09	$29.46	$26.79
Tangible Book Value per Share	$16.96	$17.47	$11.55
Total Capital	2,168	2,064	1,865
Total Debt	881	963	1,058
Total Long-Term Debt	865	954	1,049
Net Debt	478	582	892
Capital Expenditures (CapEx)	47	-28	95
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-336	-330	-262
Debt-free Net Working Capital (DFNWC)	67	51	-96
Net Working Capital (NWC)	51	42	-105
Net Nonoperating Expense (NNE)	61	109	121
Net Nonoperating Obligations (NNO)	371	514	886
Total Depreciation and Amortization (D&A)	120	101	99
Debt-free, Cash-free Net Working Capital to Revenue	-3.96%	-4.22%	-3.75%
Debt-free Net Working Capital to Revenue	0.79%	0.65%	-1.37%
Net Working Capital to Revenue	0.60%	0.54%	-1.50%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.00	$3.61	($0.08)
Adjusted Weighted Average Basic Shares Outstanding	0.00	36.63M	29.82M
Adjusted Diluted Earnings per Share	$0.00	$3.50	($0.08)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	36.63M	29.82M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	36.63M	29.82M
Normalized Net Operating Profit after Tax (NOPAT)	266	264	176
Normalized NOPAT Margin	3.14%	3.37%	2.52%
Pre Tax Income Margin	3.60%	4.21%	2.09%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	19.75	16.95	6.96
NOPAT to Interest Expense	14.17	12.39	5.15
EBIT Less CapEx to Interest Expense	16.81	18.35	2.83
NOPAT Less CapEx to Interest Expense	11.23	13.79	1.01
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	160.24%	212.23%	-10,000.00%

This table displays calculated financial ratios and metrics derived from ODP's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-0.32%	2.84%	-3.21%	-6.24%	-7.60%	-14.24%	-11.24%	-9.96%	-11.31%	-9.94%
EBITDA Growth	-15.38%	91.67%	14.29%	27.69%	12.40%	-32.61%	-63.28%	-75.90%	-9.56%	-25.81%
EBIT Growth	-16.82%	227.78%	24.36%	103.23%	24.72%	-42.37%	-81.44%	-101.59%	-10.81%	-35.29%
NOPAT Growth	-16.71%	162.38%	28.82%	115.00%	28.48%	-41.62%	-78.17%	-100.00%	-10.14%	-39.81%
Net Income Growth	-33.66%	106.20%	30.91%	25.93%	4.48%	-317.65%	-79.17%	-314.71%	-17.14%	91.89%
EPS Growth	-27.03%	106.90%	56.88%	61.11%	32.59%	-323.08%	-76.61%	-335.63%	-3.35%	81.61%
Operating Cash Flow Growth	-4.68%	58.00%	423.33%	92.98%	-30.67%	-56.33%	-75.80%	-37.50%	-33.63%	-59.42%
Free Cash Flow Firm Growth	-103.66%	-160.65%	561.47%	173.20%	551.43%	116.22%	-97.22%	129.01%	-63.70%	-150.61%
Invested Capital Growth	12.12%	66.97%	-50.38%	-15.49%	-15.77%	-2.59%	-1.31%	-47.77%	-2.14%	4.83%
Revenue Q/Q Growth	6.78%	-3.31%	0.05%	-9.54%	5.24%	-10.26%	3.54%	-8.23%	3.67%	-8.88%
EBITDA Q/Q Growth	86.15%	14.05%	45.45%	-35.16%	63.86%	-31.62%	413.33%	-57.45%	515.00%	-43.90%
EBIT Q/Q Growth	187.10%	32.58%	76.36%	-35.05%	76.19%	-38.74%	140.91%	-105.56%	10,000.00%	-55.56%
NOPAT Q/Q Growth	216.18%	37.50%	87.43%	-40.91%	88.95%	-37.53%	150.42%	-100.00%	0.00%	-58.15%
Net Income Q/Q Growth	148.15%	-74.63%	323.53%	-52.78%	105.88%	-152.86%	140.54%	-586.67%	179.45%	-105.17%
EPS Q/Q Growth	150.00%	-71.11%	338.46%	-49.12%	105.75%	-148.60%	145.98%	-612.50%	184.39%	-109.25%
Operating Cash Flow Q/Q Growth	242.98%	-3.07%	-0.63%	-105.10%	1,512.50%	-38.94%	-45.71%	-128.95%	781.82%	-62.67%
Free Cash Flow Firm Q/Q Growth	88.30%	-918.34%	260.30%	-64.63%	-27.82%	-63.41%	142.46%	2,815.82%	-88.56%	-151.01%
Invested Capital Q/Q Growth	-44.89%	49.37%	-44.69%	85.61%	-45.06%	72.73%	-43.96%	-1.77%	2.92%	85.03%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	22.38%	21.14%	22.82%	21.71%	23.52%	21.88%	21.91%	19.92%	20.45%	20.28%
EBITDA Margin	5.57%	6.57%	6.07%	4.35%	6.78%	5.16%	2.51%	1.16%	6.91%	4.25%
Operating Margin	3.87%	5.62%	4.51%	3.15%	5.38%	3.72%	0.96%	0.00%	5.73%	2.65%
EBIT Margin	4.10%	5.62%	4.60%	3.30%	5.53%	3.78%	0.96%	-0.06%	5.56%	2.71%
Profit (Net Income) Margin	3.08%	0.81%	3.42%	1.78%	3.49%	-2.05%	0.80%	-4.25%	3.26%	-0.19%
Tax Burden Percent	75.28%	14.91%	76.60%	56.67%	64.22%	-56.06%	88.24%	1,825.00%	61.05%	-7.89%
Interest Burden Percent	100.00%	96.61%	96.91%	95.24%	98.20%	97.06%	94.44%	400.00%	95.96%	86.36%
Effective Tax Rate	24.72%	26.32%	23.40%	28.33%	24.77%	24.24%	11.76%	0.00%	28.42%	28.95%
Return on Invested Capital (ROIC)	23.36%	26.50%	21.03%	10.07%	32.18%	13.47%	7.08%	0.00%	31.82%	7.96%
ROIC Less NNEP Spread (ROIC-NNEP)	22.77%	215.55%	19.80%	8.34%	35.88%	-6.36%	7.52%	-27.19%	50.47%	3.17%
Return on Net Nonoperating Assets (RNNOA)	-8.54%	-5.85%	0.94%	3.25%	-8.23%	-2.36%	-1.34%	-7.11%	-4.04%	2.32%
Return on Equity (ROE)	14.82%	20.65%	21.96%	13.31%	23.95%	11.12%	5.74%	-7.11%	27.78%	10.28%
Cash Return on Invested Capital (CROIC)	4.97%	-33.06%	81.45%	28.53%	40.19%	17.77%	10.39%	65.69%	5.09%	2.44%
Operating Return on Assets (OROA)	7.07%	10.58%	9.04%	6.50%	10.71%	7.35%	1.88%	-0.11%	10.41%	5.11%
Return on Assets (ROA)	5.32%	1.52%	6.71%	3.51%	6.75%	-4.00%	1.57%	-8.27%	6.10%	-0.35%
Return on Common Equity (ROCE)	14.82%	20.65%	21.96%	13.31%	23.95%	11.12%	5.74%	-7.11%	27.78%	10.28%
Return on Equity Simple (ROE_SIMPLE)	-8.34%	0.00%	15.94%	16.37%	16.71%	0.00%	7.67%	-2.80%	-4.32%	0.00%
Net Operating Profit after Tax (NOPAT)	63	87	73	43	81	51	16	0.00	73	31
NOPAT Margin	2.91%	4.14%	3.45%	2.25%	4.05%	2.82%	0.85%	0.00%	4.10%	1.88%
Net Nonoperating Expense Percent (NNEP)	0.60%	-189.05%	1.23%	1.73%	-3.69%	19.83%	-0.45%	27.19%	-18.65%	4.79%
Return On Investment Capital (ROIC_SIMPLE)	-	4.01%	-	-	-	2.46%	-	-	-	1.64%
Cost of Revenue to Revenue	77.62%	78.86%	77.18%	78.29%	76.48%	78.12%	78.09%	80.08%	79.55%	79.72%
SG&A Expenses to Revenue	18.00%	15.33%	18.12%	18.20%	17.94%	17.82%	19.19%	18.00%	18.15%	17.32%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	18.51%	15.52%	18.31%	18.56%	18.14%	18.16%	20.95%	19.92%	14.72%	17.63%
Earnings before Interest and Taxes (EBIT)	89	118	97	63	111	68	18	-1.00	99	44
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	121	138	128	83	136	93	47	20	123	69
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.14	1.62	1.58	1.56	1.52	1.91	1.85	1.58	1.15	0.86
Price to Tangible Book Value (P/TBV)	1.73	2.69	2.84	2.78	2.72	3.22	3.19	3.15	2.50	1.98
Price to Revenue (P/Rev)	0.20	0.25	0.21	0.22	0.22	0.27	0.26	0.19	0.14	0.10
Price to Earnings (P/E)	0.00	12.57	9.88	9.51	9.10	15.14	24.18	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	7.96%	10.12%	10.51%	10.99%	6.61%	4.14%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.28	1.55	1.84	1.39	1.65	1.66	2.02	1.59	1.15	0.93
Enterprise Value to Revenue (EV/Rev)	0.17	0.30	0.20	0.28	0.19	0.34	0.24	0.19	0.15	0.23
Enterprise Value to EBITDA (EV/EBITDA)	3.85	5.88	4.20	5.62	3.55	6.11	7.42	7.72	6.18	6.11
Enterprise Value to EBIT (EV/EBIT)	6.09	8.11	6.20	7.77	4.74	7.92	13.94	21.08	19.11	9.89
Enterprise Value to NOPAT (EV/NOPAT)	8.28	11.31	8.65	10.83	6.55	10.84	22.09	37.21	38.84	13.37
Enterprise Value to Operating Cash Flow (EV/OCF)	7.97	10.82	4.63	5.02	3.68	8.12	8.61	6.76	6.15	12.17
Enterprise Value to Free Cash Flow (EV/FCFF)	27.31	0.00	1.50	4.45	3.76	9.24	19.29	1.66	22.34	39.22
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.13	0.68	0.19	0.77	0.15	0.87	0.12	0.20	0.29	1.31
Long-Term Debt to Equity	0.12	0.67	0.18	0.76	0.14	0.87	0.11	0.19	0.28	1.30
Financial Leverage	-0.38	-0.03	0.05	0.39	-0.23	0.37	-0.18	0.26	-0.08	0.73
Leverage Ratio	2.91	3.31	3.25	3.15	3.16	3.37	3.51	3.71	3.81	3.89
Compound Leverage Factor	2.91	3.20	3.15	3.00	3.11	3.27	3.31	14.83	3.66	3.36
Debt to Total Capital	11.30%	40.64%	16.20%	43.37%	13.03%	46.66%	10.47%	17.01%	22.32%	56.73%
Short-Term Debt to Total Capital	0.95%	0.74%	0.88%	0.44%	0.68%	0.44%	0.84%	0.93%	0.91%	0.48%
Long-Term Debt to Total Capital	10.36%	39.90%	15.33%	42.93%	12.35%	46.22%	9.63%	16.08%	21.42%	56.25%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	88.70%	59.36%	83.80%	56.63%	86.97%	53.34%	89.53%	82.99%	77.68%	43.27%
Debt to EBITDA	0.52	2.02	0.55	2.12	0.40	2.19	0.51	1.00	1.45	4.08
Net Debt to EBITDA	-0.76	1.10	-0.30	1.32	-0.49	1.32	-0.64	0.02	0.38	3.44
Long-Term Debt to EBITDA	0.47	1.98	0.52	2.10	0.38	2.17	0.47	0.95	1.39	4.05
Debt to NOPAT	1.11	3.89	1.14	4.08	0.73	3.89	1.51	4.82	9.09	8.94
Net Debt to NOPAT	-1.64	2.11	-0.62	2.54	-0.89	2.35	-1.90	0.08	2.40	7.54
Long-Term Debt to NOPAT	1.02	3.81	1.08	4.04	0.70	3.85	1.39	4.56	8.72	8.86
Altman Z-Score	2.23	2.44	2.40	2.40	2.41	2.42	2.35	2.14	2.08	2.01
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.11	1.03	0.98	0.98	1.00	1.02	0.94	0.90	0.92	0.93
Quick Ratio	0.56	0.51	0.47	0.48	0.53	0.51	0.46	0.39	0.44	0.41
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-57	-578	1,004	355	256	94	28	813	93	-47
Operating Cash Flow to CapEx	652.00%	0.00%	603.85%	0.00%	706.25%	328.57%	111.76%	-73.33%	340.91%	116.67%
Free Cash Flow to Firm to Interest Expense	-56.76	-96.34	200.75	71.00	51.25	18.75	6.97	162.60	15.50	-5.93
Operating Cash Flow to Interest Expense	163.00	26.33	31.40	-1.60	22.60	13.80	9.50	-2.20	12.50	3.50
Operating Cash Flow Less CapEx to Interest Expense	138.00	28.83	26.20	16.60	19.40	9.60	1.00	-5.20	8.83	0.50
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.73	1.88	1.97	1.97	1.94	1.95	1.95	1.94	1.87	1.89
Accounts Receivable Turnover	15.71	16.46	15.37	15.33	14.35	15.32	15.34	15.09	13.14	14.70
Inventory Turnover	7.62	7.87	7.93	7.17	7.55	7.61	7.73	7.16	7.34	7.22
Fixed Asset Turnover	19.90	20.47	20.77	20.53	23.00	24.11	21.54	22.85	21.78	23.46
Accounts Payable Turnover	7.68	7.50	7.00	7.26	7.56	7.69	7.12	7.04	7.12	7.64
Days Sales Outstanding (DSO)	23.24	22.18	23.75	23.81	25.44	23.82	23.79	24.18	27.77	24.83
Days Inventory Outstanding (DIO)	47.92	46.37	46.04	50.92	48.32	47.96	47.21	50.95	49.70	50.52
Days Payable Outstanding (DPO)	47.50	48.68	52.12	50.27	48.29	47.45	51.29	51.87	51.28	47.79
Cash Conversion Cycle (CCC)	23.66	19.87	17.67	24.46	25.47	24.33	19.71	23.27	26.19	27.56
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,110	1,658	917	1,702	935	1,615	905	889	915	1,693
Invested Capital Turnover	8.02	6.40	6.09	4.46	7.95	4.78	8.34	5.72	7.76	4.23
Increase / (Decrease) in Invested Capital	120	665	-931	-312	-175	-43	-12	-813	-20	78
Enterprise Value (EV)	1,426	2,564	1,687	2,361	1,545	2,686	1,826	1,413	1,051	1,582
Market Capitalization	1,708	2,086	1,808	1,807	1,756	2,104	1,983	1,410	986	690
Book Value per Share	$30.82	$28.09	$28.56	$30.08	$30.36	$29.46	$29.78	$24.88	$25.49	$26.79
Tangible Book Value per Share	$20.32	$16.96	$15.85	$16.87	$16.95	$17.47	$17.33	$12.45	$11.76	$11.55
Total Capital	1,690	2,168	1,370	2,050	1,328	2,064	1,194	1,076	1,102	1,865
Total Debt	191	881	222	889	173	963	125	183	246	1,058
Total Long-Term Debt	175	865	210	880	164	954	115	173	236	1,049
Net Debt	-282	478	-121	554	-211	582	-157	3.00	65	892
Capital Expenditures (CapEx)	25	-15	26	-91	16	21	34	15	22	24
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-242	-336	-363	-370	-381	-330	-372	-336	-300	-262
Debt-free Net Working Capital (DFNWC)	231	67	-20	-35	3.00	51	-90	-156	-119	-96
Net Working Capital (NWC)	215	51	-32	-44	-6.00	42	-100	-166	-129	-105
Net Nonoperating Expense (NNE)	-3.76	70	0.77	9.00	11	88	0.88	73	15	34
Net Nonoperating Obligations (NNO)	-389	371	-231	541	-220	514	-164	-4.00	59	886
Total Depreciation and Amortization (D&A)	32	20	31	20	25	25	29	21	24	25
Debt-free, Cash-free Net Working Capital to Revenue	-2.87%	-3.96%	-4.31%	-4.46%	-4.69%	-4.22%	-4.90%	-4.54%	-4.18%	-3.75%
Debt-free Net Working Capital to Revenue	2.74%	0.79%	-0.24%	-0.42%	0.04%	0.65%	-1.19%	-2.11%	-1.66%	-1.37%
Net Working Capital to Revenue	2.55%	0.60%	-0.38%	-0.53%	-0.07%	0.54%	-1.32%	-2.24%	-1.80%	-1.50%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.38	$0.41	$1.79	$0.89	$1.83	($0.90)	$0.42	($2.05)	$1.75	($0.20)
Adjusted Weighted Average Basic Shares Outstanding	45.81M	40.20M	38.60M	38.05M	37.38M	36.63M	35.89M	33.58M	30.12M	29.82M
Adjusted Diluted Earnings per Share	$1.35	$0.39	$1.71	$0.87	$1.79	($0.87)	$0.40	($2.05)	$1.73	($0.16)
Adjusted Weighted Average Diluted Shares Outstanding	45.81M	40.20M	38.60M	38.05M	37.38M	36.63M	35.89M	33.58M	30.12M	29.82M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	45.81M	40.20M	38.60M	38.05M	37.38M	36.63M	35.89M	33.58M	30.12M	29.82M
Normalized Net Operating Profit after Tax (NOPAT)	72	90	76	48	84	55	45	23	79	34
Normalized NOPAT Margin	3.29%	4.28%	3.60%	2.52%	4.20%	3.07%	2.41%	1.35%	4.46%	2.10%
Pre Tax Income Margin	4.10%	5.43%	4.46%	3.15%	5.43%	3.66%	0.91%	-0.23%	5.34%	2.34%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	89.00	19.67	19.40	12.60	22.20	13.60	4.50	-0.20	16.50	5.50
NOPAT to Interest Expense	63.24	14.49	14.55	8.60	16.25	10.15	3.97	0.00	12.17	3.82
EBIT Less CapEx to Interest Expense	64.00	22.17	14.20	30.80	19.00	9.40	-4.00	-3.20	12.83	2.50
NOPAT Less CapEx to Interest Expense	38.24	16.99	9.35	26.80	13.05	5.95	-4.53	-3.00	8.50	0.82
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-203.20%	160.24%	255.19%	261.58%	238.86%	212.23%	175.61%	-868.00%	-770.27%	-10,000.00%

Frequently Asked Questions About ODP's Financials

When does ODP's fiscal year end?

According to the most recent income statement we have on file, ODP's financial year ends in December. Their financial year 2024 ended on December 28, 2024.

How has ODP's net income changed over the last 2 years?

ODP's net income appears to be on a downward trend, with a most recent value of -$3 million in 2024, falling from $166 million in 2022. The previous period was $139 million in 2023.

What is ODP's operating income?

ODP's total operating income in 2024 was $163 million, based on the following breakdown:

Total Gross Profit: $1.45 billion
Total Operating Expenses: $1.28 billion

How has ODP revenue changed over the last 2 years?

Over the last 2 years, ODP's total revenue changed from $8.48 billion in 2022 to $6.99 billion in 2024, a change of -17.6%.

How much debt does ODP have?

ODP's total liabilities were at $2.72 billion at the end of 2024, a 2.3% decrease from 2023, and a 4.9% decrease since 2022.

How much cash does ODP have?

In the past 2 years, ODP's cash and equivalents has ranged from $166 million in 2024 to $403 million in 2022, and is currently $166 million as of their latest financial filing in 2024.

How has ODP's book value per share changed over the last 2 years?

Over the last 2 years, ODP's book value per share changed from 28.09 in 2022 to 26.79 in 2024, a change of -4.6%.

Remove Ads

Related Companies

This page (NASDAQ:ODP) was last updated on 4/14/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

ODP (ODP) Financials

Frequently Asked Questions About ODP's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

ODP (ODP) Financials

Annual Income Statements for ODP

Quarterly Income Statements for ODP

Annual Cash Flow Statements for ODP

Quarterly Cash Flow Statements for ODP

Annual Balance Sheets for ODP

Quarterly Balance Sheets for ODP

Annual Metrics and Ratios for ODP

Quarterly Metrics and Ratios for ODP

Frequently Asked Questions About ODP's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools