Grufity logoGrufity logo
ScreenerStocksFundsSectorsWatchlists
ODP

Office Depot Inc

ODP

46.94USD+0.37 (+0.79%)Market Closed
Watchlist

Market Summary

USD46.94+0.37
Market Closed
0.79%

ODP Stock Price

View Fullscreen

ODP RSI Chart

ODP Valuation

Market Cap

1.8B

Price/Earnings (Trailing)

9.15

Price/Sales (Trailing)

0.22

EV/EBITDA

3.65

Price/Free Cashflow

5.66

ODP Price/Sales (Trailing)

ODP Profitability

EBT Margin

3.50%

Return on Equity

16.71%

Return on Assets

4.85%

Free Cashflow Yield

17.67%

ODP Fundamentals

ODP Revenue

Revenue (TTM)

8.1B

Revenue Y/Y

-7.5%

Revenue Q/Q

5.29%

ODP Earnings

Earnings (TTM)

193.0M

Earnings Y/Y

4.48%

Earnings Q/Q

105.88%

Price Action

Last 7 days

2.1%

Last 30 days

4.7%

Last 90 days

-2.1%

Trailing 12 Months

-0.9%

How does ODP drawdown profile look like?

ODP Financial Health

Current Ratio

1

Debt/Equity

0.14

Debt/Cashflow

2.55

ODP Investor Care

Buy Backs (1Y)

19.49%

Diluted EPS (TTM)

4.73

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20238.4B8.3B8.1B0
20228.5B8.4B8.4B8.5B
20218.6B8.7B8.5B8.5B
202010.4B9.7B9.3B8.9B
201911.0B10.9B10.8B10.6B
201810.5B10.7B10.9B11.0B
201710.8B10.6B10.4B10.3B
201611.5B11.3B11.1B11.0B
201514.9B13.8B12.8B11.7B
201412.7B14.2B15.8B16.1B
201310.5B10.5B10.4B10.8B
201211.4B11.2B11.0B10.7B
201111.5B11.5B11.5B11.5B
201012.0B11.9B11.7B11.6B
200913.9B13.3B12.7B12.1B
200800014.5B
Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for ODP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Aug 14, 2023
scaglione diego anthony
sold
-481,467
48.1467
-10,000
evp & chief financial officer
Aug 11, 2023
scaglione diego anthony
sold
-486,611
48.6611
-10,000
evp & chief financial officer
Aug 11, 2023
smith gerry p
gifted
-
-
-79,062
chief executive officer
Aug 10, 2023
moffitt kevin
sold
-42,917
50.73
-846
evp, president of office depot
Aug 10, 2023
smith gerry p
sold
-2,157,260
50.7185
-42,534
chief executive officer
Aug 09, 2023
moffitt kevin
sold
-32,646
50.0708
-652
evp, president of office depot
Aug 09, 2023
smith gerry p
sold
-1,402,580
50.0635
-28,016
chief executive officer
Aug 01, 2023
moffitt kevin
sold
-20,500
50.00
-410
evp, president of office depot
Aug 01, 2023
smith gerry p
sold
-223,450
50.00
-4,469
chief executive officer
Jul 31, 2023
moffitt kevin
sold
-126,274
50.0095
-2,525
evp, president of office depot

1–10 of 50

Which funds bought or sold ODP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-44.53
-1,244,300
1,500,800
 -%
Nov 24, 2023
DEUTSCHE BANK AG\
added
12.56
81,263
823,501
 -%
Nov 22, 2023
Public Sector Pension Investment Board
reduced
-30.57
-891,029
1,931,610
 0.01%
Nov 22, 2023
KBC Group NV
unchanged
-
-
124,000
 -%
Nov 21, 2023
COMERICA BANK
new
-
763,411
763,411
 -%
Nov 16, 2023
McIlrath & Eck, LLC
unchanged
-
-76.00
5,215
 -%
Nov 16, 2023
Creative Planning
new
-
4,385
4,385
 -%
Nov 15, 2023
CAPTRUST FINANCIAL ADVISORS
added
0.17
-3,864
301,636
 -%
Nov 15, 2023
MANUFACTURERS LIFE INSURANCE COMPANY, THE
added
24.7
151,204
811,132
 -%
Nov 15, 2023
JANE STREET GROUP, LLC
reduced
-67.91
-2,646,950
1,224,410
 -%

1–10 of 47

Latest Funds Activity

Are funds buying ODP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ODP
No. of Funds

Schedule 13G FIlings of Office Depot Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 10, 2023
vanguard group inc
12.23%
4,915,880
SC 13G/A
Mar 14, 2023
hg vora capital management, llc
7.9%
3e+06
SC 13D/A
Feb 09, 2023
vanguard group inc
9.87%
4,521,952
SC 13G/A
Jan 23, 2023
blackrock inc.
15.1%
6,912,974
SC 13G/A
Dec 28, 2022
hg vora capital management, llc
10.9%
5e+06
SC 13D/A
Mar 09, 2022
vanguard group inc
10.59%
5,135,337
SC 13G/A
Feb 10, 2022
vanguard group inc
9.88%
5,093,831
SC 13G/A
Feb 08, 2022
dimensional fund advisors lp
6.1%
3,169,544
SC 13G/A
Jan 27, 2022
blackrock inc.
14.4%
7,412,189
SC 13G/A
Jan 25, 2022
blackrock inc.
14.4%
7,412,189
SC 13G/A

Recent SEC filings of Office Depot Inc

View All Filings
Date Filed Form Type Document
Nov 08, 2023
8-K
Current Report
Nov 08, 2023
10-Q
Quarterly Report
Sep 18, 2023
8-K
Current Report

ODP Fair Value

Loading...

Peers (Alternatives to Office Depot Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
ORLY
56.4B
15.6B
 -2.86% 13.09%
24.28
3.61
 11.15% 7.38%
AZO
49.4B
17.5B
 -1.25% 5.26%
19.54
2.83
 7.41% 4.07%
TSCO
23.0B
14.9B
 6.31% -3.39%
20.36
1.54
 10.24% 8.76%
GPC
18.6B
23.0B
 -1.10% -28.36%
14.9
0.81
 7.73% 5.47%
BBY
16.1B
44.4B
 15.75% -9.22%
12.49
0.36
 -9.91% -27.20%
MID-CAP
DKS
11.5B
12.7B
 22.65% 14.06%
11.71
0.91
 4.79% -14.55%
FIVE
10.8B
3.3B
 10.15% 6.99%
39.79
3.22
 13.37% 17.28%
GME
4.8B
5.7B
 17.09% -37.27%
-579.33
0.83
 -4.18% 98.39%
AAP
3.3B
-
 -2.39% -60.73%
9.62
0.3
 1.42% -28.99%
JWN
2.6B
14.8B
 16.03% -3.44%
85.34
0.18
 -6.13% -92.44%
SMALL-CAP
EYE
1.5B
2.1B
 11.52% -52.46%
-24.81
0.7
 3.71% -202.73%
BBW
331.9M
481.9M
 -7.94% -11.34%
6.5
0.69
 6.44% -1.09%
BGFV
137.8M
926.7M
 15.20% -45.66%
39.41
0.15
 -10.08% -92.11%
CONN
68.7M
1.2B
 -11.25% -61.15%
-0.5
0.06
 -16.52% -585.14%
BNED
65.4M
1.6B
 7.89% -15.17%
-0.67
0.04
 3.09% -24.50%

Office Depot Inc News

Latest updates
Industrial Distribution • 26 Aug 2021 • 07:00 am • 2 years ago
ODP Names CEO for B2B Spinoff& Office Depot
Reuters • 04 Jun 2021 • 07:00 am • 2 years ago
Staples offers to buy Office Depot owner's consumer business for $1 ...
TMS Brokers • 13 May 2021 • 04:04 pm • 2 years ago
Akcje Boeing Co: Aktualny kurs - Bezpieczny Dom Maklerski TMS ...
Bloomberg Law • 13 May 2021 • 07:00 am • 2 years ago
Office Depot Parent Is Overpaying Its CEO, Shareholder Suit Says
CNBC • 05 May 2021 • 07:00 am • 2 years ago
Office Depot owner ODP to spin off its distribution platform into a separate company
Bloomberg • 05 May 2021 • 07:00 am • 2 years ago
Office Depot Aims to Split as Staples Pursues Acquisition
CNBC • 30 Jan 2021 • 08:00 am • 2 years ago
A new breed of activist takes a board seat at Office Depot’s parent company
Reuters • 11 Jan 2021 • 08:00 am • 2 years ago
Staples makes third attempt to buy Office Depot parent for $2.1 billion
Yahoo Finance • 10 Aug 2020 • 07:00 am • 3 years ago
Did Hedge Funds Make The Right Call On Varex Imaging ...
Yahoo Finance • 05 Aug 2020 • 07:00 am • 3 years ago
Were Hedge Funds Right About Buying Cactus, Inc. (WHD)?
Yahoo Finance • 05 Jul 2020 • 07:00 am • 3 years ago
Do Hedge Funds Love Piper Sandler Companies (PIPR)?
Business Wire • 01 Jul 2020 • 07:00 am • 3 years ago
The ODP Corporation Announces Completion of Office Depot ...
Fox Business • 15 May 2020 • 07:00 am • 3 years ago
Office Depot closing stores, laying off 13,000 workers
The Business Journals • 20 Mar 2020 • 07:00 am • 3 years ago
Office Depot grapples with recent influx of customers - South Florida ...
TMS Brokers • 16 Nov 2019 • 04:39 pm • 4 years ago
Euro Korona szewdzka - forex - Aktualny Kurs, Cena i Notowania ...

Financials for Office Depot Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue5.3%2,0091,9082,1082,1062,1722,0342,1782,0422,1792,0702,1742,0852,3471,9472,4932,5082,7822,5882,7692,6702,887
Gross Profit14.2%474415481446486431484432504432495451547372582571667585641602686
  S&GA Expenses4.7%379362382388391377396385382390401367411406521268532515574519567
EBITDA Margin2.7%0.05*0.05*0.05*0.05*0.04*0.05*0.05*0.05*0.05*0.05*-0.01*0.02*0.00*0.01*0.05*------
Interest Expenses0%5.005.005.006.001.004.005.008.007.006.007.008.006.0011.0018.0021.0022.0023.0023.0030.0031.00
Income Taxes69.2%22.0013.0022.0016.0022.008.0019.00-2.5027.009.0010.00-20.5064.00-36.0021.0024.0033.00-7.001.004.0025.00
Earnings Before Taxes95.7%92.0047.0094.0052.0089.0028.0074.0029.0010029.0073.0014498.00-47566.0010793.00-31.009.00-10.0085.00
EBT Margin3.1%0.03*0.03*0.03*0.03*0.03*0.03*0.03*0.03*0.02*0.02*-0.03*0.00*-0.02*-0.02*0.02*------
Net Income105.9%70.0034.0072.0017.0067.0027.0055.00-274101-88.0053.0018.0057.00-43945.0055.0060.00-24.008.00-14.0060.00
Net Income Margin3.6%0.02*0.02*0.02*0.02*-0.01*-0.01*-0.02*-0.02*0.01*0.00*-0.03*-0.03*-0.03*-0.03*0.01*------
Free Cashflow371.9%87.00-32.00130127138-1369.0074.00153-27.0073.00-18.00295-23.00163------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets0.5%3,9803,9614,0414,1494,4184,4744,5294,8655,3515,3785,5985,6145,7455,8656,4547,3117,3437,3537,4716,1666,472
  Current Assets0.9%1,7541,7381,8131,9102,1082,0112,0532,3892,8762,4112,4442,3552,4802,5252,7003,4473,4603,3893,5022,6833,010
    Cash Equivalents14.6%384335343403473417557514753691753729743764844700590446606660927
  Inventory-6.5%7828367938288909688668598419579299161,0001,0059291,0321,0251,1131,0341,0651,023
  Net PPE1.4%352347345352355461466477492533546542602612651679699726730763744
  Goodwill0.2%468467467464464464464464462575677394605593940944938939922914908
Liabilities0.9%2,8252,8002,8932,8622,9192,9613,0373,4273,4893,5373,6383,7343,9504,1484,3195,1385,2165,2715,3654,0404,275
  Current Liabilities-1.2%1,7601,7821,8451,8591,8931,9031,9662,2652,1812,1002,1292,0932,2872,1352,3453,0943,1563,1813,2332,1852,228
  Long Term Debt-4.7%164172210172175177181228333337344354354642548575593618632690887
Shareholder's Equity-0.5%1,1551,1611,1481,2871,4991,5131,4921,4381,8621,8411,9601,8801,7951,7172,1352,1732,1272,0822,1062,1262,197
  Retained Earnings20.1%-275-344-379-451-468-535-562-617-343-444-356-409-427-484-45.00-89.00-144-204-180-173-160
  Additional Paid-In Capital0.3%2,7442,7372,7322,7422,7332,7232,6872,6922,7112,7072,6972,6752,6622,6502,6372,6522,6532,6592,6642,6772,684
Shares Outstanding-1.5%38.0038.0039.0042.0047.0049.0049.0048.0052.0054.0055.0053.0053.0053.0053.0054.0055.0055.0055.0054.0055.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations1500.0%112,000,000-8,000,000157,000,000158,000,000163,000,000-114,000,00030,000,000100,000,000171,000,000-11,000,00086,000,000-4,000,000309,000,000-8,000,000188,000,000152,000,000212,000,000-58,000,00060,000,00061,000,000304,000,000
  Share Based Compensation11.1%10,000,0009,000,0009,000,0009,000,00012,000,00010,000,0009,000,00012,000,0006,000,00010,000,00010,000,00013,000,00012,000,0009,000,0007,000,0008,000,0008,000,0009,000,0008,000,0008,000,0006,000,000
Cashflow From Investing-123.4%-18,000,00077,000,000-31,000,000-25,000,000-24,000,000-14,000,00053,000,000-25,000,000-21,000,000--33,000,000-10,000,000-16,000,000-14,000,000776,000,00023,000,000-29,000,000-61,000,000-52,000,000-68,000,000-79,000,000
Cashflow From Financing44.9%-43,000,000-78,000,000-185,000,000-204,000,000-77,000,000-10,000,000-64,000,000-291,000,000-85,000,000-53,000,000-30,000,000-5,000,000-316,000,000-64,000,000-808,000,000-67,000,000-38,000,000-43,000,000-64,000,000-255,000,000-52,000,000
  Dividend Payments---------------13,000,00014,000,00014,000,00013,000,00014,000,00013,000,00014,000,000
  Buy Backs10.0%33,000,00030,000,000201,000,000197,000,000---185,000,00076,000,000-----30,000,00029,000,000--11,000,00017,000,00014,000,000

ODP Income Statement

2023-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 24, 2022
Sep. 30, 2023
Sep. 24, 2022
Income Statement [Abstract]    
Sales$ 2,009$ 2,172$ 6,025$ 6,385
Cost of goods and occupancy costs1,5351,6864,6554,983
Gross profit4744861,3701,402
Selling, general and administrative expenses3793911,1231,164
Asset impairments33138
Merger, restructuring and other operating expenses, net18242
Operating income9184232188
Other income (expense):    
Interest income3173
Interest expense(5)(1)(15)(10)
Other income, net3589
Income from continuing operations before income taxes9289232190
Income tax expense22225648
Net income from continuing operations7067176142
Discontinued operations, net of tax   7
Net income$ 70$ 67$ 176$ 149
Basic earnings (loss) per share    
Continuing operations$ 1.83$ 1.39$ 4.52$ 2.92
Discontinued operations (0.01) 0.14
Net basic earnings (loss) per share1.831.384.523.06
Diluted earnings (loss) per share    
Continuing operations1.791.364.382.84
Discontinued operations (0.01) 0.13
Net diluted earnings (loss) per share$ 1.79$ 1.35$ 4.38$ 2.97

ODP Balance Sheet

2023-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 384$ 403
Receivables, net542536
Inventories782828
Prepaid expenses and other current assets3736
Current assets held for sale9107
Total current assets1,7541,910
Property and equipment, net352352
Operating lease right-of-use assets951874
Goodwill468464
Other intangible assets, net4246
Deferred income taxes141182
Other assets272321
Total assets3,9804,149
Current liabilities:  
Trade accounts payable818821
Accrued expenses and other current liabilities9301,005
Income taxes payable317
Short-term borrowings and current maturities of long-term debt916
Total current liabilities1,7601,859
Deferred income taxes and other long-term liabilities118122
Pension and postretirement obligations, net1616
Long-term debt, net of current maturities164172
Operating lease liabilities767693
Total liabilities2,8252,862
Commitments and contingencies
Stockholders' equity:  
Common stock-authorized 80,000,000 shares of $0.01 par value; issued shares-66,695,068 at September 30, 2023 and 65,636,015 at December 31, 2022; outstanding shares--37,626,086 at September 30, 2023 and 42,213,046 at December 31, 202211
Additional paid-in capital2,7442,742
Accumulated other comprehensive loss(121)(77)
Accumulated deficit(275)(451)
Treasury stock, at cost- 29,068,982 shares at September, 2023 and 23,422,969 shares at December 31, 2022(1,194)(928)
Total stockholders' equity1,1551,287
Total liabilities and stockholders’ equity$ 3,980$ 4,149

About Office Depot Inc

ODP
The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates through four divisions: ODP Business Solutions, Office Depot, Veyer, and Varis. The ODP Business Solutions division offers adjacency products, including cleaning, janitorial, and breakroom supplies, office furniture, technology products; and copy and print services through sales force, catalogs, telesales, and through Internet websites. This segment also engages in office supply distribution business. The Office Depot division sells office supplies, technology products and solutions, business machines and related supplies, cleaning, breakroom and facilities products, personal protective equipment, and office furniture; and offers business services, including copying, printing, digital imaging, mailing, shipping, and technology support services through a fully integrated omni-channel platform of 980 Office Depot and OfficeMax retail stores, and through www.officedepot.com. The Veyer division engages in supply chain, distribution, procurement and global sourcing operations. The Varis division operates tech-enabled B2B indirect procurement marketplace, where buyers and suppliers to transact through the platform's consumer-like buying experience, advanced spend management tools, network of suppliers, and technology capabilities. The company offers its products under various brands, including Office Depot, OfficeMax, and Grand&Toy, as well as others. The ODP Corporation was incorporated in 1986 and is headquartered in Boca Raton, Florida.
 CEO
 WEBSITEwww.theodpcorp.com
 EMPLOYEES25000

Office Depot Inc Frequently Asked Questions

What is the ticker symbol for Office Depot Inc? What does ODP stand for in stocks?

ODP is the stock ticker symbol of Office Depot Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Office Depot Inc (ODP)?

As of Fri Dec 08 2023, market cap of Office Depot Inc is 1.77 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ODP stock?

You can check ODP's fair value in chart. The fair value of Office Depot Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Office Depot Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ODP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Office Depot Inc a good stock to buy?

The fair value guage provides a quick view whether ODP is over valued or under valued. Whether Office Depot Inc is cheap or expensive depends on the assumptions which impact Office Depot Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ODP.

What is Office Depot Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Dec 08 2023, ODP's PE ratio (Price to Earnings) is 9.15 and Price to Sales (PS) ratio is 0.22. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ODP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Office Depot Inc's stock?

In the past 10 years, Office Depot Inc has provided -0.206 (multiply by 100 for percentage) rate of return.