Veritiv (VRTV) Tops Q4 EPS by 18c

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Go back to Veritiv (VRTV) Tops Q4 EPS by 18c

Veritiv Announces Record Fourth Quarter and Full Year 2022 Net Income, EPS, Adjusted EBITDA, and Adjusted EBITDA Margin

February 28, 2023 8:01 AM EST

Fourth Quarter Financial Highlights

Net Sales of $1.7 billion, a decrease of 10.8% from prior year; organic sales growth of 1.8% Net Income of $71.6 million, an increase of 25.8% from prior yearDiluted EPS of $5.20, an increase of 41.7% from prior yearAdjusted EBITDA and Adjusted EBITDA margin1 of $120.8 million and 7.3%, respectivelyNet Leverage Ratio of 0.4x

Full Year 2022 Financial Highlights

Net Income $337.9 million, an increase of 133.7% from prior yearDiluted EPS of $23.29, an increase of 158.5% from prior yearAdjusted EBITDA and Adjusted EBITDA margin1 of $517.9 million and... More