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Private company

Veritiv Corp

American wholesale-paper and paper products company, incorporated in Delaware1

In its 2023 annual report the company says: “Veritiv's focus on segment-tailored market leadership in distribution and a commitment to operational excellence allows it to partner with world class suppliers, add value through multiple capabilities and deliver solutions to a wide range of customer segments. The Company also has a Corporate & Other category which includes certain assets and costs not primarily attributable to any of the reportable segments.”79 It is headquartered in Atlanta, Georgia.1

Last updated Oct 21, 2026.

Overview

  • IndustryWholesale-Paper & Paper Products1
  • HeadquartersAtlanta, Georgia1
  • Incorporated inDE2
  • Business address1000 Abernathy Road Ne, Building 400, Suite 1700, Atlanta, Ga 303282
  • Filer categoryLarge accelerated filer2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

6.2%Operating margin3
4.7%Net margin3
4.3%Revenue growth, 20223
44.7%Return on equity3
$230.5MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Selling, general and admin11¢$762.7M
  • Other costs83¢$5.9B
  • Interest0¢$17.7M
  • Income tax1¢$94.0M
  • Profit5¢$337.9M

Out of $7.1B in revenue.3

Where each dollar of operating cash went, fiscal 2022

  • Capital spending9¢$21.9M
  • Dividends paid3¢$8.5M
  • Share buybacks79¢$200.0M
  • Kept or used elsewhere9¢$22.0M

Out of $252.4M of cash from operations.3

Financial statements

Revenue45673$7.1B in 2022−14% since 2016
0$2.5B$5.0B$7.5B$10.0B2016: $8.3B$8.3B20162017: $8.4B$8.4B2017+0%2018: $8.7B$8.7B2018+4%2019: $7.7B$7.7B2019−12%2020: $6.3B$6.3B2020−17%2021: $6.9B$6.9B2021+8%2022: $7.1B$7.1B2022+4%
Operating income45673$441.2M in 2022+495% since 2016
0$200.0M$400.0M$600.0M2016: $74.2M$74.2M20162017: $18.1M$18.1M2017−76%2018: $15.8M$15.8M2018−13%2019: $20.9M$20.9M2019+32%2020: $47.8M$47.8M2020+129%2021: $210.0M$210.0M2021+339%2022: $441.2M$441.2M2022+110%
Net income45673$337.9M in 2022+1509% since 2016
-$100.0M0$100.0M$200.0M$300.0M$400.0M2016: $21.0M$21.0M20162017: -$13.3M-$13.3M20172018: -$15.7M-$15.7M2018+18%2019: -$29.5M-$29.5M2019+88%2020: $34.2M$34.2M20202021: $144.6M$144.6M2021+323%2022: $337.9M$337.9M2022+134%
Fiscal year2016201720182019202020212022
Revenue$8.3B4$8.4B5$8.7B6$7.7B7$6.3B3$6.9B3$7.1B3
Selling, general and admin$827.9M4$875.7M5$867.6M6$823.3M7$717.9M3$735.8M3$762.7M3
Operating income$74.2M4$18.1M5$15.8M6$20.9M7$47.8M3$210.0M3$441.2M3
Interest$27.5M4$31.2M5$42.3M6$38.1M7$25.1M3$17.2M3$17.7M3
Income tax$19.8M4$11.4M5$5.5M6$700.0K7$8.8M3$52.9M3$94.0M3
Net income$21.0M4-$13.3M5-$15.7M6-$29.5M7$34.2M3$144.6M3$337.9M3
Earnings per share$1.314-$0.854-$0.996-$1.847$2.143$9.503$23.853
Earnings per share (diluted)$1.304-$0.854-$0.996-$1.847$2.083$9.013$23.293
Shares (weighted, basic)15.2M shares314.2M shares3
Shares (weighted, diluted)16.1M shares314.5M shares3

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Corporate structure

Veritiv Corp sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Veritiv Corp

  • DIMENSIONAL FUND ADVISORS LP Filed SC 13G/A on Veritiv Corp, latest Feb 9, 2024 (3 filings since Feb 8, 2022)
  • BAUPOST GROUP LLC/MA Filed SC 13D/A on Veritiv Corp, latest Dec 4, 2023 (4 filings since Sep 9, 2022)
  • VANGUARD GROUP INC Filed SC 13G/A on Veritiv Corp, latest Feb 9, 2023 (2 filings since Feb 10, 2022)
  • BlackRock Filed SC 13G/A on Veritiv Corp, latest Jan 24, 2023 (3 filings since Jan 26, 2022)
  • Veritiv Corp Atlanta, Georgia

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Veritiv Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Computer equipment and software$17.6M3 Dec 31, 2022$10.5M3 Dec 31, 2021+67.6%
Property and equipment, net$127.5M3 Dec 31, 2022$162.9M3 Dec 31, 2021−21.7%
Finance-lease assets$29.7M3 Dec 31, 2022$66.3M3 Dec 31, 2021−55.2%
Operating-lease assets (leased space)$304.3M3 Dec 31, 2022$375.6M3 Dec 31, 2021−19.0%

Investments

ItemLatestA year beforeChange
Stakes in other companies (equity method)$8.3M3 Dec 31, 2022$7.7M3 Dec 31, 2021+7.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$96.3M3 Dec 31, 2022$99.6M3 Dec 31, 2021−3.3%
Finite-lived intangibles, gross$71.5M3 Dec 31, 2022$71.5M3 Dec 31, 20210%
Accumulated amortization$33.3M3 Dec 31, 2022$28.8M3 Dec 31, 2021+15.6%
Finite-lived intangibles, net$35.6M3 Dec 31, 2022$42.7M3 Dec 31, 2021−16.6%

Inventory

ItemLatestA year beforeChange
Inventory, total$484.5M7 Dec 31, 2021$465.4M7 Dec 31, 2020+4.1%
Finished goods$423.9M3 Dec 31, 2022$484.5M3 Dec 31, 2021−12.5%

Leadership

Who has led Veritiv Corp, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Mary A. Laschinger2014–2020
  2. Salvatore A. Abbate2020–2023

Chair

  1. Mary A. Laschinger2014–2020

Chief financial officer

  1. Eric Guerin2023

Chief operating officer

  1. Salvatore A. Abbate2020
201520202025
Board members and other officers (45)

Former names

  • xpedx Holding CoFeb 14, 2014 to May 12, 20142

Timeline

  1. Nov 30, 20238-K Entered a material agreement; Ended a material agreement; Completed an acquisition or sale59
  2. Oct 18, 20238-K Results of operations; Regulation FD disclosure60
  3. Oct 17, 20238-K Shareholder vote; Other events61
  4. Oct 10, 20238-K Other events62
  5. Aug 8, 20238-K Results of operations63
  6. Aug 7, 20238-K Entered a material agreement; Other events64
  7. May 9, 20238-K Results of operations; Regulation FD disclosure65
  8. May 5, 20238-K Bylaws or fiscal year changed; Shareholder vote66
  9. Mar 23, 20238-K Entered a material agreement67
  10. Mar 13, 20238-K Executive or director change68
  11. Mar 1, 20238-K Regulation FD disclosure69
  12. Feb 28, 20238-K Results of operations; Regulation FD disclosure70
  13. Oct 1, 2020New chief executive Salvatore A. Abbate becomes CEO11
  14. Jun 13, 2014New chief executive Mary A. Laschinger becomes CEO12

Calendar

When it reported results

  1. Oct 18, 2023Reported quarterly or annual results60
  2. Aug 8, 2023Reported quarterly or annual results63
  3. May 9, 2023Reported quarterly or annual results65
  4. Feb 28, 2023Reported quarterly or annual results70
  5. Nov 8, 2022Reported quarterly or annual results71
  6. Aug 9, 2022Reported quarterly or annual results72
  7. May 9, 2022Reported quarterly or annual results73
  8. Mar 1, 2022Reported quarterly or annual results74

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

215 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 29 major events, 147 insider forms, 12 large holders, 18 other. The latest 20:

  1. Feb 9, 2024SC 13G/A SEC SCHEDULE 13G EDGAR
  2. Dec 11, 202315-12G EDGAR
  3. Dec 6, 20234 EDGAR
  4. Dec 4, 2023EFFECT EDGAR
  5. Dec 4, 2023SC 13D/A NONE EDGAR
  6. Nov 30, 20234 EDGAR
  7. Nov 30, 20234 EDGAR
  8. Nov 30, 20234 EDGAR
  9. Nov 30, 20234 EDGAR
  10. Nov 30, 20234 EDGAR
  11. Nov 30, 20234 EDGAR
  12. Nov 30, 20234 EDGAR
  13. Nov 30, 20234 EDGAR
  14. Nov 30, 20234 EDGAR
  15. Nov 30, 20234 EDGAR
  16. Nov 30, 20234 EDGAR
  17. Nov 30, 20234 EDGAR
  18. Nov 30, 20234 EDGAR
  19. Nov 30, 20234 EDGAR
  20. Nov 30, 20234 EDGAR

The 215 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

4 open-market trades by officers, directors and large owners since October 2021: 2 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 16, 2023Abbate Salvatore AChief Executive OfficerSale5,000$121.71$608.5KForm 4
Mar 2, 2023Adelman Dean ASVP and Chief HR OfficerSale2,000$144.81$289.6KForm 4
Mar 22, 2022Macadam Stephen E.DirectorBuy1,600$126.53$202.5KForm 4
Nov 30, 2021Macadam Stephen E.DirectorBuy1,500$126.63$189.9KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Veritiv Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARVeritiv Corp1
  • CIK0001599489
  • Employer ID (EIN)46-32349771
  • Filer statusLarge accelerated filer1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)5110 Wholesale-Paper & Paper Products1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address1000 Abernathy Road Ne, Building 400, Suite 1700, Atlanta, GA 303281
  • Phone(770) 391-82001
  • Shares outstanding13,567,310 as of Oct 30, 20239
  • Public float$1.5B as of Jun 30, 20223
  • On EDGAR sinceFeb 14, 20141
  • Filings702 in all: 4 (393), 8-K (100), 3 (52), 10-Q (29), SC 13G/A (24), DEFA14A (15), 10-K (9), 424B3 (9)1
    All 35 form types

    DEF 14A (9), CORRESP (8), SC 13D/A (6), UPLOAD (6), EFFECT (5), S-1/A (4), SC 13G (4), POS AM (3), 8-K/A (2), ARS (2), FWP (2), PRE 14A (2), S-8 (2), S-8 POS (2), SC 13D (2), 15-12G (1), 25-NSE (1), 3/A (1), 5 (1), 8-A12B (1), CERTNYS (1), DEFM14A (1), POS EX (1), PREM14A (1), S-1 (1), S-3 (1), S-3/A (1)

  • Latest filingsAnnual report (10-K) Feb 28, 2023
    Quarterly report (10-Q) Nov 3, 2023
    Proxy statement (DEF 14A) Mar 17, 2023
    Latest 8-K (8-K) Nov 30, 2023

Sources

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