Quad/Graphics annual net debt
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2025
Quad/Graphics Net Debt Growth & History (QUAD)
Quad/Graphics's net debt was $380.7M for fiscal 2025.
View full Quad/Graphics company overviewQuad/Graphics annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $380.7M | −$54.7M | −12.56% |
| 2024 | 2024-12-31 | $435.4M | −$137.0M | −23.93% |
| 2023 | 2023-12-31 | $572.4M | −$87.5M | −13.26% |
| 2022 | 2022-12-31 | $659.9M | −$91.8M | −12.21% |
| 2021 | 2021-12-31 | $751.7M | −$204.2M | −21.36% |
| 2020 | 2020-12-31 | $955.9M | −$178.2M | −15.71% |
| 2019 | 2019-12-31 | $1.13B | $266.4M | +30.70% |
| 2018 | 2018-12-31 | $867.7M | −$32.7M | −3.63% |
| 2017 | 2017-12-31 | $900.4M | −$211.2M | −19.00% |
| 2016 | 2016-12-31 | $1.11B | −$213.4M | −16.11% |
| 2015 | 2015-12-31 | $1.32B | −$71.0M | −5.09% |
| 2014 | 2014-12-31 | $1.40B | $2.3M | +0.17% |
| 2013 | 2013-12-31 | $1.39B | $59.9M | +4.49% |
| 2012 | 2012-12-31 | $1.33B | −$111.1M | −7.69% |
| 2011 | 2011-12-31 | $1.44B | −$113.3M | −7.27% |
| 2010 | 2010-12-31 | $1.56B | — | — |
Quad/Graphics quarterly net debt
Q4.10
Q2.11
Q3.11
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Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $461.8M | −$66.1M | −12.52% |
| Q1 2026 | 2026-03-31 | $496.4M | −$47.5M | −8.73% |
| Q4 2025 | 2025-12-31 | $380.7M | −$54.7M | −12.56% |
| Q3 2025 | 2025-09-30 | $543.1M | −$36.9M | −6.36% |
| Q2 2025 | 2025-06-30 | $527.9M | −$99.7M | −15.89% |
| Q1 2025 | 2025-03-31 | $543.9M | −$97.9M | −15.25% |
| Q4 2024 | 2024-12-31 | $435.4M | −$137.0M | −23.93% |
| Q3 2024 | 2024-09-30 | $580.0M | −$102.6M | −15.03% |
| Q2 2024 | 2024-06-30 | $627.6M | −$82.1M | −11.57% |
| Q1 2024 | 2024-03-31 | $641.8M | −$98.2M | −13.27% |
| Q4 2023 | 2023-12-31 | $572.4M | −$87.5M | −13.26% |
| Q3 2023 | 2023-09-30 | $682.6M | −$154.7M | −18.48% |
| Q2 2023 | 2023-06-30 | $709.7M | −$103.9M | −12.77% |
| Q1 2023 | 2023-03-31 | $740.0M | −$45.8M | −5.83% |
| Q4 2022 | 2022-12-31 | $659.9M | −$91.8M | −12.21% |
| Q3 2022 | 2022-09-30 | $837.3M | −$72.4M | −7.96% |
| Q2 2022 | 2022-06-30 | $813.6M | −$21.3M | −2.55% |
| Q1 2022 | 2022-03-31 | $785.8M | −$106.9M | −11.97% |
| Q4 2021 | 2021-12-31 | $751.7M | −$204.2M | −21.36% |
| Q3 2021 | 2021-09-30 | $909.7M | −$114.1M | −11.14% |
| Q2 2021 | 2021-06-30 | $834.9M | −$231.3M | −21.69% |
| Q1 2021 | 2021-03-31 | $892.7M | −$186.0M | −17.24% |
| Q4 2020 | 2020-12-31 | $955.9M | −$178.2M | −15.71% |
| Q3 2020 | 2020-09-30 | $1.02B | −$257.3M | −20.08% |
| Q2 2020 | 2020-06-30 | $1.07B | −$164.4M | −13.36% |
| Q1 2020 | 2020-03-31 | $1.08B | −$183.5M | −14.54% |
| Q4 2019 | 2019-12-31 | $1.13B | $266.4M | +30.70% |
| Q3 2019 | 2019-09-30 | $1.28B | $213.0M | +19.94% |
| Q2 2019 | 2019-06-30 | $1.23B | $191.7M | +18.45% |
| Q1 2019 | 2019-03-31 | $1.26B | $259.6M | +25.89% |
| Q4 2018 | 2018-12-31 | $867.7M | −$32.7M | −3.63% |
| Q3 2018 | 2018-09-30 | $1.07B | $31.3M | +3.02% |
| Q2 2018 | 2018-06-30 | $1.04B | −$28.2M | −2.64% |
| Q1 2018 | 2018-03-31 | $1.00B | −$89.9M | −8.23% |
| Q4 2017 | 2017-12-31 | $900.4M | −$211.2M | −19.00% |
| Q3 2017 | 2017-09-30 | $1.04B | −$124.5M | −10.72% |
| Q2 2017 | 2017-06-30 | $1.07B | −$120.1M | −10.12% |
| Q1 2017 | 2017-03-31 | $1.09B | −$171.1M | −13.54% |
| Q4 2016 | 2016-12-31 | $1.11B | −$213.4M | −16.11% |
| Q3 2016 | 2016-09-30 | $1.16B | −$343.2M | −22.81% |
| Q2 2016 | 2016-06-30 | $1.19B | −$280.0M | −19.08% |
| Q1 2016 | 2016-03-31 | $1.26B | −$168.3M | −11.75% |
| Q4 2015 | 2015-12-31 | $1.32B | −$71.0M | −5.09% |
| Q3 2015 | 2015-09-30 | $1.50B | −$99.0M | −6.17% |
| Q2 2015 | 2015-06-30 | $1.47B | −$97.8M | −6.25% |
| Q1 2015 | 2015-03-31 | $1.43B | −$4.9M | −0.34% |
| Q4 2014 | 2014-12-31 | $1.40B | $2.3M | +0.17% |
| Q3 2014 | 2014-09-30 | $1.60B | $85.8M | +5.65% |
| Q2 2014 | 2014-06-30 | $1.56B | $108.0M | +7.41% |
| Q1 2014 | 2014-03-31 | $1.44B | −$49.3M | −3.32% |
| Q4 2013 | 2013-12-31 | $1.39B | $59.9M | +4.49% |
| Q3 2013 | 2013-09-30 | $1.52B | $213.5M | +16.37% |
| Q2 2013 | 2013-06-30 | $1.46B | $136.4M | +10.33% |
| Q1 2013 | 2013-03-31 | $1.49B | $132.3M | +9.77% |
| Q4 2012 | 2012-12-31 | $1.33B | −$111.1M | −7.69% |
| Q3 2012 | 2012-09-30 | $1.30B | −$313.3M | −19.37% |
| Q2 2012 | 2012-06-30 | $1.32B | −$224.7M | −14.54% |
| Q1 2012 | 2012-03-31 | $1.35B | — | — |
| Q4 2011 | 2011-12-31 | $1.44B | −$113.3M | −7.27% |
| Q3 2011 | 2011-09-30 | $1.62B | — | — |
| Q2 2011 | 2011-06-30 | $1.55B | — | — |
| Q4 2010 | 2010-12-31 | $1.56B | — | — |
Quad/Graphics net debt trends
Over the last five fiscal years, Quad/Graphics's net debt decreased from $955.9M to $380.7M, a change of −$575.2M. The latest reported quarter, Q2 2026, shows $461.8M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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