The ODP Corporation (ODP) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Total Current Assets | 1.39B | 1.43B | 1.44B | 1.44B | 1.54B | 1.48B | 1.52B | 1.74B | 1.75B | 1.74B | 1.81B | 1.91B | 2.11B | 2.01B | 2.05B | 2.39B | 2.88B | 2.41B | 2.44B | 2.35B |
| Cash & Short-Term Investments | 182M | 177M | 185M | 166M | 181M | 180M | 282M | 381M | 384M | 335M | 343M | 403M | 473M | 417M | 557M | 514M | 753M | 691M | 753M | 729M |
| Cash Only | 182M | 177M | 185M | 166M | 181M | 180M | 282M | 381M | 384M | 335M | 343M | 403M | 473M | 417M | 557M | 514M | 753M | 691M | 753M | 729M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 478M | 464M | 469M | 466M | 550M | 465M | 466M | 485M | 542M | 516M | 524M | 536M | 591M | 566M | 572M | 495M | 482M | 681M | 687M | 442M |
| Days Sales Outstanding | 26.38 | 26.77 | 24.21 | 29.42 | 25.95 | 24.67 | 22.9 | 26.16 | 23.99 | 24.81 | 22.88 | 26.22 | 24.24 | 25.46 | 20.82 | 23.2 | 24.28 | 30.07 | 22.33 | 23.14 |
| Inventory | 699M | 745M | 750M | 770M | 760M | 778M | 733M | 765M | 782M | 836M | 793M | 828M | 890M | 968M | 866M | 859M | 841M | 957M | 929M | 916M |
| Days Inventory Outstanding | 50.77 | 53.31 | 49.95 | 55.61 | 49.42 | 50 | 46.14 | 50.47 | 47.96 | 49.64 | 45.33 | 50.71 | 50.14 | 52.06 | 43.28 | 51.21 | 48.84 | 52.39 | 47.25 | 51.35 |
| Other Current Assets | 32M | 45M | 38M | 36M | 47M | 53M | 43M | 108M | 46M | 51M | 153M | 143M | 107M | 0 | 0 | 469M | 744M | 0 | 0 | 219M |
| Total Non-Current Assets | 1.89B | 1.97B | 2.02B | 2.09B | 2.15B | 2.18B | 2.21B | 2.15B | 2.23B | 2.22B | 2.23B | 2.24B | 2.31B | 2.46B | 2.48B | 2.48B | 2.48B | 2.97B | 3.15B | 3.26B |
| Property, Plant & Equipment | 1.05B | 1.12B | 1.17B | 1.25B | 1.29B | 1.3B | 1.34B | 1.28B | 1.3B | 1.24B | 1.23B | 1.23B | 1.24B | 1.36B | 1.36B | 1.41B | 1.44B | 1.59B | 1.64B | 1.65B |
| Fixed Asset Turnover | 1.50x | 1.39x | 1.40x | 1.28x | 1.38x | 1.30x | 1.43x | 1.40x | 1.58x | 1.54x | 1.72x | 1.71x | 1.67x | 1.49x | 1.57x | 1.43x | 1.44x | 1.28x | 1.32x | 1.32x |
| Goodwill | 412M | 412M | 411M | 411M | 412M | 403M | 403M | 403M | 468M | 467M | 467M | 464M | 464M | 464M | 464M | 464M | 462M | 575M | 677M | 394M |
| Intangible Assets | 45M | 46M | 47M | 48M | 49M | 43M | 44M | 45M | 42M | 43M | 44M | 46M | 47M | 50M | 52M | 55M | 57M | 341M | 357M | 57M |
| Long-Term Investments | 12M | 13M | 12M | 9M | 5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 255M | 260M | 268M | 268M | 272M | 273M | 279M | 278M | 272M | 315M | 322M | 321M | 370M | 377M | 386M | 326M | 303M | 314M | 322M | 941M |
| Total Assets | 3.28B | 3.4B | 3.47B | 3.53B | 3.69B | 3.65B | 3.73B | 3.89B | 3.98B | 3.96B | 4.04B | 4.15B | 4.42B | 4.47B | 4.53B | 4.87B | 5.35B | 5.38B | 5.6B | 5.61B |
| Asset Turnover | 0.49x | 0.46x | 0.49x | 0.45x | 0.48x | 0.46x | 0.49x | 0.46x | 0.51x | 0.48x | 0.51x | 0.49x | 0.49x | 0.45x | 0.46x | 0.40x | 0.41x | 0.38x | 0.39x | 0.40x |
| Asset Growth % | -11.16% | -6.9% | -7.18% | -9.21% | -7.26% | -7.78% | -7.57% | -6.31% | -9.91% | -11.47% | -10.78% | -14.72% | -17.44% | -16.81% | -19.1% | -13.34% | -6.86% | -8.3% | -13.26% | -23.21% |
| Total Current Liabilities | 1.53B | 1.52B | 1.54B | 1.54B | 1.67B | 1.64B | 1.62B | 1.7B | 1.76B | 1.78B | 1.84B | 1.86B | 1.89B | 1.9B | 1.97B | 2.27B | 2.18B | 2.1B | 2.13B | 2.09B |
| Accounts Payable | 685M | 697M | 698M | 697M | 773M | 779M | 755M | 755M | 818M | 864M | 903M | 821M | 853M | 917M | 975M | 950M | 863M | 979M | 959M | 857M |
| Days Payables Outstanding | 48.59 | 49.74 | 45.84 | 53.43 | 49.87 | 50.76 | 46.51 | 51.32 | 49.86 | 53.85 | 48.21 | 49.41 | 47.77 | 53.7 | 48.3 | 54.62 | 50.04 | 53.83 | 46.51 | 50.79 |
| Short-Term Debt | 7M | 8M | 9M | 273M | 10M | 10M | 10M | 0 | 9M | 9M | 12M | 2M | 16M | 17M | 18M | 3M | 20M | 22M | 23M | 3M |
| Deferred Revenue (Current) | 22M | 23M | 0 | 33M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 811M | -23M | 0 | 0 | 880M | 8M | 0 | 12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 290M | 272M | 0 | 0 | 152M |
| Current Ratio | 0.91x | 0.94x | 0.94x | 0.93x | 0.92x | 0.90x | 0.94x | 1.02x | 1.00x | 0.98x | 0.98x | 1.03x | 1.11x | 1.06x | 1.04x | 1.05x | 1.32x | 1.15x | 1.15x | 1.13x |
| Quick Ratio | 0.45x | 0.45x | 0.45x | 0.43x | 0.47x | 0.43x | 0.49x | 0.57x | 0.55x | 0.51x | 0.55x | 0.58x | 0.64x | 0.55x | 0.60x | 0.68x | 0.93x | 0.69x | 0.71x | 0.69x |
| Cash Conversion Cycle | 28.56 | 30.33 | 28.32 | 31.6 | 25.5 | 23.91 | 22.53 | 25.31 | 22.09 | 20.61 | 20 | 27.52 | 26.61 | 23.81 | 15.8 | 19.8 | 23.09 | 28.63 | 23.07 | 23.7 |
| Total Non-Current Liabilities | 929M | 1.08B | 1.14B | 1.18B | 1.17B | 1.12B | 1.04B | 1.09B | 1.06B | 1.02B | 1.05B | 1B | 1.03B | 1.06B | 1.07B | 1.16B | 1.31B | 1.44B | 1.51B | 1.64B |
| Long-Term Debt | 141M | 237M | 253M | 251M | 236M | 173M | 115M | 144M | 164M | 172M | 210M | 148M | 175M | 177M | 181M | 193M | 333M | 337M | 344M | 297M |
| Capital Lease Obligations | 641M | 693M | 736M | 798M | 801M | 819M | 791M | 810M | 767M | 708M | 699M | 717M | 707M | 724M | 714M | 788M | 773M | 869M | 923M | 992M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 113M | 122M | 0 | 118M | 122M | 123M | 122M | 124M | 139M | 155M | 159M | 169M | 193M | 201M | 172M |
| Other Non-Current Liabilities | 147M | 151M | 153M | 130M | 131M | 13M | 14M | 135M | 16M | 16M | 16M | 16M | 20M | 18M | 21M | 22M | 33M | 38M | 41M | 180M |
| Total Liabilities | 2.46B | 2.6B | 2.68B | 2.72B | 2.83B | 2.76B | 2.67B | 2.79B | 2.83B | 2.8B | 2.89B | 2.86B | 2.92B | 2.96B | 3.04B | 3.43B | 3.49B | 3.54B | 3.64B | 3.73B |
| Total Debt | 789M | 938M | 998M | 1.32B | 1.05B | 1B | 916M | 963M | 940M | 889M | 921M | 881M | 898M | 918M | 913M | 1B | 1.13B | 1.23B | 1.29B | 1.31B |
| Net Debt | 607M | 761M | 813M | 1.16B | 866M | 822M | 634M | 582M | 556M | 554M | 578M | 478M | 425M | 501M | 356M | 487M | 373M | 537M | 537M | 584M |
| Debt / Equity | 0.96x | 1.18x | 1.27x | 1.64x | 1.22x | 1.12x | 0.86x | 0.87x | 0.81x | 0.77x | 0.80x | 0.68x | 0.60x | 0.61x | 0.61x | 0.70x | 0.60x | 0.67x | 0.66x | 0.70x |
| Debt / EBITDA | 13.84x | 24.68x | - | 30.05x | 8.31x | 17.58x | 13.88x | - | 7.07x | 11.11x | 7.37x | 10.24x | 7.74x | 14.81x | 8.30x | 14.94x | 8.04x | 18.61x | 12.06x | 19.60x |
| Net Debt / EBITDA | 10.65x | 20.03x | - | 26.27x | 6.87x | 14.42x | 9.61x | - | 4.18x | 6.93x | 4.62x | 5.56x | 3.66x | 8.08x | 3.24x | 7.27x | 2.66x | 8.14x | 5.02x | 8.72x |
| Interest Coverage | 6.17x | 1.33x | -4.57x | 3.29x | 16.83x | 0.20x | 8.80x | -5.40x | 22.80x | 13.00x | 19.80x | 9.67x | 90.00x | 8.00x | 15.80x | 4.63x | 15.29x | 5.83x | 11.43x | 3.14x |
| Total Equity | 823M | 796M | 784M | 807M | 856M | 893M | 1.07B | 1.1B | 1.16B | 1.16B | 1.15B | 1.29B | 1.5B | 1.51B | 1.49B | 1.44B | 1.86B | 1.84B | 1.96B | 1.88B |
| Equity Growth % | -3.86% | -10.86% | -26.66% | -26.7% | -25.89% | -23.08% | -6.88% | -14.45% | -22.95% | -23.27% | -23.06% | -10.5% | -19.5% | -17.82% | -23.88% | -23.51% | 3.73% | 7.22% | -8.2% | -13.48% |
| Book Value per Share | 27.43 | 26.53 | 26.13 | 24.45 | 25.94 | 25.51 | 28.13 | 29.46 | 29.62 | 29.77 | 27.33 | 28.77 | 30.59 | 30.26 | 29.25 | 28.55 | 33.85 | 32.88 | 35.00 | 35.51 |
| Total Shareholders' Equity | 823M | 796M | 784M | 807M | 856M | 893M | 1.07B | 1.1B | 1.16B | 1.16B | 1.15B | 1.29B | 1.5B | 1.51B | 1.49B | 1.44B | 1.86B | 1.84B | 1.96B | 1.88B |
| Common Stock | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M |
| Retained Earnings | -321M | -344M | -344M | -315M | -312M | -370M | -297M | -312M | -275M | -344M | -379M | -451M | -468M | -535M | -562M | -617M | -343M | -444M | -356M | -409M |
| Treasury Stock | -1.53B | -1.53B | -1.53B | -1.53B | -1.48B | -1.38B | -1.28B | -1.23B | -1.19B | -1.16B | -1.13B | -928M | -731M | -662M | -633M | -632M | -477M | -401M | -355M | -355M |
| Accumulated OCI | -118M | -116M | -123M | -124M | -114M | -117M | -117M | -114M | -121M | -71M | -75M | -77M | -36M | -14M | -1M | -6M | -30M | -22M | -27M | -32M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |