Ennis vs Quad/graphics
Quad/graphics is the larger business, with $2.42bn of revenue in fiscal 2025 against $392m for Ennis (6.2 times as much). Ennis grew faster (-0.6% against -9.4%). Ennis kept more of each dollar of sales as profit: a net margin of 10.9% against 1.1%.
| Latest fiscal year | EnnisEBF, 2026 | Quad/graphicsQUAD, 2025 |
|---|---|---|
| Revenue | $392m | $2.42bn |
| Revenue growth | -0.6% | -9.4% |
| Net income | $42.6m | $27.0m |
| Operating margin | 13.4% | — |
| Net margin | 10.9% | 1.1% |
| Return on equity | 14.0% | 30.3% |
| Free cash flow | $41.0m | $50.7m |
| Cash | $34.6m | $63.3m |
| Total debt | $0 | $370m |
| Debt to equity | 0.0% | — |
| Dividend per share | $1.00 | $0.30 |
| Dividend yield | 4.8% | 4.9% |
| Share buybacks | $14.5m | $8.0m |
| Employees | 1,835 | — |
| Market value | $536m | $378m |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 70 (Moderate) | 53 (Moderate) |
| Insider trades, 12 months | 1 buys, 0 sales | 0 buys, 0 sales |