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Side-by-side financial comparison of Quad/Graphics, Inc. (QUAD) and E.W. SCRIPPS Co (SSP). Click either name above to swap in a different company.

Quad/Graphics, Inc. is the larger business by last-quarter revenue ($630.6M vs $560.3M, roughly 1.1× E.W. SCRIPPS Co). On growth, Quad/Graphics, Inc. posted the faster year-over-year revenue change (-11.0% vs -23.1%). Quad/Graphics, Inc. produced more free cash flow last quarter ($137.2M vs $31.2M). Over the past eight quarters, E.W. SCRIPPS Co's revenue compounded faster (-0.1% CAGR vs -1.9%).

Quad is an American marketing services company headquartered in Sussex, Wisconsin. It provides a range of print and marketing services that support physical and digital media channels through audience targeting services, omnichannel media planning and placement, creative and content production, retail display and packaging, postal optimization, and consumer analytics. In 2025, Quad ranked as one of the largest agency companies in the U.S. and as one of the largest commercial printers in North...

The E. W. Scripps Company, also known as Scripps, is an American broadcasting company founded in 1878 as a chain of daily newspapers by Edward Willis "E. W." Scripps and his sister, Ellen Browning Scripps. It was also formerly a media conglomerate. The company is headquartered at the Scripps Center in Cincinnati, Ohio. Its corporate motto is "Give light and the people will find their own way", which is symbolized by the media empire's longtime lighthouse logo.

QUAD vs SSP — Head-to-Head

Bigger by revenue
QUAD
QUAD
1.1× larger
QUAD
$630.6M
$560.3M
SSP
Growing faster (revenue YoY)
QUAD
QUAD
+12.1% gap
QUAD
-11.0%
-23.1%
SSP
More free cash flow
QUAD
QUAD
$106.0M more FCF
QUAD
$137.2M
$31.2M
SSP
Faster 2-yr revenue CAGR
SSP
SSP
Annualised
SSP
-0.1%
-1.9%
QUAD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
QUAD
QUAD
SSP
SSP
Revenue
$630.6M
$560.3M
Net Profit
$-28.5M
Gross Margin
21.6%
Operating Margin
5.9%
7.5%
Net Margin
-5.1%
Revenue YoY
-11.0%
-23.1%
Net Profit YoY
-129.9%
EPS (diluted)
$0.22
$-0.51

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
QUAD
QUAD
SSP
SSP
Q4 25
$630.6M
$560.3M
Q3 25
$588.0M
$525.9M
Q2 25
$571.9M
$540.1M
Q1 25
$629.4M
$524.4M
Q4 24
$708.4M
$728.4M
Q3 24
$674.8M
$646.3M
Q2 24
$634.2M
$573.6M
Q1 24
$654.8M
$561.5M
Net Profit
QUAD
QUAD
SSP
SSP
Q4 25
$-28.5M
Q3 25
$10.2M
$-33.0M
Q2 25
$-100.0K
$-36.0M
Q1 25
$5.8M
$-3.5M
Q4 24
$95.4M
Q3 24
$-24.7M
$47.8M
Q2 24
$-2.8M
$1.4M
Q1 24
$-28.1M
$1.6M
Gross Margin
QUAD
QUAD
SSP
SSP
Q4 25
21.6%
Q3 25
22.8%
Q2 25
21.6%
Q1 25
20.6%
Q4 24
22.4%
Q3 24
21.8%
Q2 24
22.1%
Q1 24
20.4%
Operating Margin
QUAD
QUAD
SSP
SSP
Q4 25
5.9%
7.5%
Q3 25
4.5%
7.2%
Q2 25
2.4%
14.2%
Q1 25
3.1%
5.2%
Q4 24
2.8%
26.3%
Q3 24
-0.7%
18.8%
Q2 24
2.4%
9.7%
Q1 24
-1.6%
7.7%
Net Margin
QUAD
QUAD
SSP
SSP
Q4 25
-5.1%
Q3 25
1.7%
-6.3%
Q2 25
-0.0%
-6.7%
Q1 25
0.9%
-0.7%
Q4 24
13.1%
Q3 24
-3.7%
7.4%
Q2 24
-0.4%
0.2%
Q1 24
-4.3%
0.3%
EPS (diluted)
QUAD
QUAD
SSP
SSP
Q4 25
$0.22
$-0.51
Q3 25
$0.21
$-0.55
Q2 25
$0.00
$-0.59
Q1 25
$0.11
$-0.22
Q4 24
$0.11
$0.94
Q3 24
$-0.52
$0.37
Q2 24
$-0.06
$-0.15
Q1 24
$-0.60
$-0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
QUAD
QUAD
SSP
SSP
Cash + ST InvestmentsLiquidity on hand
$63.3M
$27.9M
Total DebtLower is stronger
$369.9M
Stockholders' EquityBook value
$-59.5M
$1.2B
Total Assets
$1.3B
$5.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QUAD
QUAD
SSP
SSP
Q4 25
$63.3M
$27.9M
Q3 25
$6.2M
$54.7M
Q2 25
$6.7M
$31.7M
Q1 25
$8.1M
$24.0M
Q4 24
$29.2M
$23.9M
Q3 24
$12.5M
$34.6M
Q2 24
$12.8M
$26.7M
Q1 24
$10.2M
$30.2M
Total Debt
QUAD
QUAD
SSP
SSP
Q4 25
$369.9M
Q3 25
Q2 25
Q1 25
Q4 24
$377.1M
$2.6B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
QUAD
QUAD
SSP
SSP
Q4 25
$-59.5M
$1.2B
Q3 25
$96.7M
$1.3B
Q2 25
$87.0M
$1.3B
Q1 25
$87.4M
$1.3B
Q4 24
$-131.2M
$1.3B
Q3 24
$50.9M
$1.2B
Q2 24
$79.1M
$1.2B
Q1 24
$89.2M
$1.2B
Total Assets
QUAD
QUAD
SSP
SSP
Q4 25
$1.3B
$5.0B
Q3 25
$1.3B
$5.1B
Q2 25
$1.2B
$5.1B
Q1 25
$1.2B
$5.1B
Q4 24
$1.3B
$5.2B
Q3 24
$1.4B
$5.3B
Q2 24
$1.4B
$5.3B
Q1 24
$1.4B
$5.3B
Debt / Equity
QUAD
QUAD
SSP
SSP
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.98×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
QUAD
QUAD
SSP
SSP
Operating Cash FlowLast quarter
$145.9M
$45.1M
Free Cash FlowOCF − Capex
$137.2M
$31.2M
FCF MarginFCF / Revenue
21.8%
5.6%
Capex IntensityCapex / Revenue
1.4%
2.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$50.7M
$6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QUAD
QUAD
SSP
SSP
Q4 25
$145.9M
$45.1M
Q3 25
$-8.4M
$21.8M
Q2 25
$47.4M
$-10.5M
Q1 25
$-89.0M
$-3.3M
Q4 24
$158.8M
$153.3M
Q3 24
$2.4M
$140.6M
Q2 24
$3.9M
$26.4M
Q1 24
$-52.2M
$45.4M
Free Cash Flow
QUAD
QUAD
SSP
SSP
Q4 25
$137.2M
$31.2M
Q3 25
$-20.6M
$6.4M
Q2 25
$34.4M
$-22.7M
Q1 25
$-100.3M
$-8.4M
Q4 24
$147.3M
$146.9M
Q3 24
$-9.8M
$127.4M
Q2 24
$-11.7M
$2.8M
Q1 24
$-70.1M
$23.3M
FCF Margin
QUAD
QUAD
SSP
SSP
Q4 25
21.8%
5.6%
Q3 25
-3.5%
1.2%
Q2 25
6.0%
-4.2%
Q1 25
-15.9%
-1.6%
Q4 24
20.8%
20.2%
Q3 24
-1.5%
19.7%
Q2 24
-1.8%
0.5%
Q1 24
-10.7%
4.1%
Capex Intensity
QUAD
QUAD
SSP
SSP
Q4 25
1.4%
2.5%
Q3 25
2.1%
2.9%
Q2 25
2.3%
2.3%
Q1 25
1.8%
1.0%
Q4 24
1.6%
0.9%
Q3 24
1.8%
2.0%
Q2 24
2.5%
4.1%
Q1 24
2.7%
3.9%
Cash Conversion
QUAD
QUAD
SSP
SSP
Q4 25
Q3 25
-0.82×
Q2 25
Q1 25
-15.34×
Q4 24
1.61×
Q3 24
2.94×
Q2 24
18.45×
Q1 24
27.94×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

QUAD
QUAD

Catalog Publications Retail Inserts Books And Directories$300.6M48%
Direct Mail And Other Printed Products$147.1M23%
Imaging Marketing Services And Other Services$79.8M13%
Logistic Services$61.4M10%
Other$39.3M6%
Other Revenues$2.4M0%

SSP
SSP

Local Media Segment$355.1M63%
Scripps Networks$199.5M36%
Political Advertising Revenue$10.0M2%

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