ODP is no longer listed. Its last trade on record was Sep 4, 2026. The price and figures on this page are from its last trading day and final filings, and are no longer updated.
Latest Ratios: P/E Ratio N/A · EV/EBITDA N/A · ROE N/A. (1995–2024 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | — | $802M | $2.3B | $2.2B | $2.1B | $1.6B | $1.5B | $1.4B | $1.9B | $2.5B | $3.1B |
| Enterprise Value | — | $1.7B | $2.8B | $2.7B | $2.6B | $2.1B | $3.4B | $2.3B | $3.1B | $2.9B | $3.5B |
| P/E Ratio → | — | — | 16.18 | 13.16 | 11.13 | — | 15.31 | 13.87 | 10.41 | 4.71 | 376.00 |
| P/S Ratio | — | 0.11 | 0.29 | 0.26 | 0.25 | 0.18 | 0.16 | 0.13 | 0.18 | 0.23 | 0.26 |
| P/B Ratio | — | 0.99 | 2.05 | 1.70 | 1.45 | 0.83 | 0.70 | 0.68 | 0.87 | 1.34 | 1.93 |
| P/FCF | — | 25.07 | 9.96 | 15.84 | 7.63 | 3.72 | 7.01 | 3.28 | 6.85 | 9.62 | — |
| P/OCF | — | 6.17 | 6.80 | 9.22 | 6.02 | 3.20 | 4.14 | 2.30 | 4.11 | 6.73 | 24.57 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.24 | 0.36 | 0.31 | 0.30 | 0.24 | 0.36 | 0.21 | 0.30 | 0.26 | 0.30 |
| EV / EBITDA | — | 6.52 | 6.58 | 6.28 | 6.76 | 13.11 | 8.85 | 5.21 | 6.32 | 4.17 | 8.11 |
| EV / EBIT | — | 10.02 | 8.09 | 8.30 | 9.92 | 534.23 | 12.89 | 8.34 | 8.51 | 5.40 | 17.16 |
| EV / FCF | — | 52.94 | 12.49 | 19.30 | 9.41 | 5.12 | 15.93 | 5.29 | 11.17 | 11.25 | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | — | 20.7% | 22.5% | 21.7% | 22.0% | 22.0% | 23.3% | 23.2% | 24.0% | 24.6% | 24.4% |
| Operating Margin | — | 2.3% | 4.2% | 3.6% | 2.8% | 0.1% | 2.3% | 2.3% | 3.2% | 4.7% | 1.6% |
| Net Profit Margin | — | -0.0% | 1.8% | 2.0% | -2.5% | -3.6% | 1.0% | 0.9% | 1.8% | 4.8% | 0.1% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | -0.3% | 11.6% | 12.2% | -12.5% | -15.7% | 4.6% | 4.9% | 9.0% | 30.6% | 0.5% |
| ROA | — | -0.1% | 3.5% | 3.7% | -4.0% | -4.9% | 1.5% | 1.7% | 3.1% | 8.8% | 0.1% |
| ROIC | — | 7.3% | 14.4% | 12.4% | 8.0% | 0.1% | 4.7% | 6.0% | 8.7% | 18.0% | 6.6% |
| ROCE | — | 7.8% | 14.7% | 12.5% | 7.6% | 0.2% | 5.5% | 6.2% | 8.4% | 14.4% | 4.8% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | 1.31 | 0.87 | 0.68 | 0.70 | 0.70 | 1.21 | 0.72 | 0.84 | 0.64 | 0.94 |
| Debt / EBITDA | — | 4.07 | 2.24 | 2.08 | 2.63 | 8.06 | 6.75 | 3.45 | 3.72 | 1.70 | 3.46 |
| Net Debt / Equity | — | 1.11 | 0.52 | 0.37 | 0.34 | 0.31 | 0.89 | 0.41 | 0.55 | 0.23 | 0.27 |
| Net Debt / EBITDA | — | 3.43 | 1.33 | 1.13 | 1.28 | 3.58 | 4.95 | 1.98 | 2.44 | 0.60 | 1.01 |
| Debt / FCF | — | 27.88 | 2.53 | 3.46 | 1.78 | 1.40 | 8.92 | 2.00 | 4.31 | 1.63 | — |
| Interest Coverage | — | 7.35 | 17.45 | 20.06 | 9.25 | 0.10 | 3.00 | 2.31 | 5.82 | 6.74 | 2.26 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | — | 0.93 | 0.99 | 1.03 | 1.05 | 1.13 | 1.11 | 1.23 | 1.40 | 1.46 | 1.48 |
| Quick Ratio | — | 0.43 | 0.54 | 0.58 | 0.68 | 0.69 | 0.78 | 0.74 | 0.87 | 0.83 | 0.86 |
| Cash Ratio | — | 0.11 | 0.23 | 0.22 | 0.23 | 0.35 | 0.23 | 0.30 | 0.30 | 0.38 | 0.39 |
| Asset Turnover | — | 1.98 | 2.01 | 2.04 | 1.74 | 1.58 | 1.32 | 1.79 | 1.62 | 1.99 | 1.82 |
| Inventory Turnover | — | 7.20 | 7.92 | 8.02 | 7.69 | 7.56 | 7.18 | 7.95 | 7.12 | 6.50 | 5.22 |
| Days Sales Outstanding | — | 24.33 | 22.91 | 23.06 | 21.34 | 18.18 | 62.00 | 29.33 | 33.19 | 22.75 | 23.22 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | 0.8% | 3.6% | 3.8% | 2.8% | 1.0% | — |
| Payout Ratio | — | — | — | — | — | — | 55.6% | 52.9% | 29.3% | 4.9% | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 6.2% | 7.6% | 9.0% | — | 6.5% | 7.2% | 9.6% | 21.2% | 0.3% |
| FCF Yield | — | 4.0% | 10.0% | 6.3% | 13.1% | 26.9% | 14.3% | 30.5% | 14.6% | 10.4% | — |
| Buyback Yield | — | 39.3% | 14.3% | 13.1% | 16.0% | 2.3% | 3.2% | 2.9% | 3.9% | 5.3% | 0.0% |
| Total Shareholder Yield | — | 39.3% | 14.3% | 13.1% | 16.0% | 3.1% | 6.9% | 6.7% | 6.7% | 6.3% | 0.0% |
| Shares Outstanding | — | $35M | $40M | $48M | $53M | $53M | $55M | $56M | $53M | $55M | $55M |
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying ODP stock.
Based on historical data, The ODP Corporation is trading at valuation metrics that vary. Compare with industry peers and growth rates for a complete picture.
Key Metrics
Top Statement Risk
Secular retail demand decline
Metrics are mathematically derived from official filings.
Market Valuation Reflects Structural Uncertainty
Based on reported figures, ODP trades at a forward P/E of 9.89, which suggests that investors remain skeptical of the company's ability to stabilize earnings, especially when compared to the broader retail sector's historical valuation multiples for mature, service-oriented distribution businesses.
The negative trailing P/E ratio highlights the volatility in recent earnings, rendering traditional earnings-based valuation metrics less useful for assessing the company's current worth. Investors should monitor the EV/EBITDA multiple of 6.67, which appears to price in a permanent decline in the retail segment while potentially undervaluing the long-term potential of the Veyer logistics platform.
Capital Returns Remain Historically Muted
As reported in financial statements, ODP's ROIC has struggled to maintain positive momentum, peaking at only 4.7% in 2023Q3 before declining to 1.7% in 2025Q3, indicating that the company is failing to consistently generate returns that exceed its cost of capital.
The persistent decay in ROIC suggests that the capital invested in the retail footprint and logistics infrastructure is not yielding sufficient incremental value. This trend warrants further investigation into whether the company's capital allocation strategy, particularly share repurchases, is effectively masking a fundamental inability to compound returns on invested capital.
Working Capital Efficiency Remains Volatile
According to recent quarterly data, ODP's cash conversion cycle has fluctuated between 21 and 32 days, reflecting the inherent difficulty in managing inventory and receivables as the company shifts its business mix toward B2B services and away from traditional retail storefronts.
The variability in the cash conversion cycle suggests that ODP lacks the operational leverage to optimize its working capital consistently across its diverse business segments. Investors should monitor the DSO and DIO trends, as any sustained increase in these metrics may indicate rising credit risk or inventory obsolescence within the retail division.
Liquidity Buffers Face Increasing Pressure
Based on the most recent quarterly filings, ODP's current ratio has compressed to 0.91, which indicates that the company's ability to meet short-term obligations is becoming increasingly constrained compared to the more comfortable liquidity positions observed in previous fiscal periods.
The quick ratio of 0.45 highlights a heavy reliance on inventory to satisfy current liabilities, which may prove problematic if retail demand continues to soften. This liquidity profile suggests that the company has limited room for error, making it vulnerable to unexpected shocks in the supply chain or sudden shifts in corporate procurement spending.
Misapplication of Retail Valuation Metrics
The most commonly misapplied metric for ODP is the P/E ratio, which obscures the company's true earning power by failing to account for the significant non-recurring costs associated with its ongoing retail store closures and the structural transition toward a B2B logistics-focused business model.
Analysts should instead focus on EV/EBITDA or free cash flow yield, as these metrics better capture the cash-generating potential of the Veyer logistics arm. Relying on P/E in this context is misleading because it treats the company as a static retailer rather than a business in the midst of a complex, capital-intensive operational pivot.