Company research
ODP Corp
CIK 800240Updated Sep 26, 2026
Name history
OFFICE DEPOT INC · through Jul 1, 2020
Filing activity
Latest filing
50 filings on record · 15-12G, S-8 POS, 8-K, 4, 25-NSE, DEFA14A.
About the company
The ODP Corporation (NASDAQ:ODP) is a leading provider of products, services, and technology solutions through an integrated business-to-business (B2B) distribution platform and omnichannel presence, which includes world-class supply chain and distribution operations, dedicated sales professionals, online presence and a network of Office Depot and OfficeMax retail stores. Through its operating companies ODP Business Solutions, LLC; Office Depot, LLC; and Veyer, LLC, The ODP Corporation empowers every business, professional, and consumer to achieve more every day. For more information, visit theodpcorp.com.
Recent filings
Show 5 more recent filings
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 3,529,000,000Source | 3,886,000,000Source | 4,149,000,000Source | 4,865,000,000Source |
| Property, Plant and Equipment, NetUSD | 299,000,000Source | 359,000,000Source | 352,000,000Source | 477,000,000Source |
| GoodwillUSD | 411,000,000Source | 403,000,000Source | 464,000,000Source | 464,000,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 48,000,000Source | 45,000,000Source | 46,000,000Source | 54,000,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 166,000,000Source | 392,000,000Source | 403,000,000Source | 514,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 466,000,000Source | 487,000,000Source | 536,000,000Source | 495,000,000Source |
| Inventory, NetUSD | 770,000,000Source | 765,000,000Source | 828,000,000Source | 859,000,000Source |
| Assets, CurrentUSD | 1,438,000,000Source | 1,678,000,000Source | 1,910,000,000Source | 2,389,000,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 30,000,000Source | 28,000,000Source | 36,000,000Source | 52,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 954,000,000Source | 983,000,000Source | 874,000,000Source | 936,000,000Source |
| Other Assets, NoncurrentUSD | 277,000,000Source | 278,000,000Source | 321,000,000Source | 326,000,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,722,000,000Source | 2,785,000,000Source | 2,862,000,000Source | 3,427,000,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 1,000,000Source | 1,000,000Source | 1,000,000Source | 1,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | -315,000,000Source | -312,000,000Source | -451,000,000Source | -617,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -124,000,000Source | -114,000,000Source | -77,000,000Source | -6,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 807,000,000Source | 1,101,000,000Source | 1,287,000,000Source | 1,438,000,000Source |
| Additional Paid in Capital, Common StockUSD | 2,771,000,000Source | 2,752,000,000Source | 2,742,000,000Source | 2,692,000,000Source |
| Liabilities and EquityUSD | 3,529,000,000Source | 3,886,000,000Source | 4,149,000,000Source | 4,865,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,543,000,000Source | 1,693,000,000Source | 1,859,000,000Source | 2,265,000,000Source |
| Operating Lease, Liability, CurrentUSD | 264,000,000Source | 273,000,000Source | 281,000,000Source | 304,000,000Source |
| Accounts Payable, CurrentUSD | 24,000,000Source | — | — | — |
| Operating Lease, Liability, NoncurrentUSD | 779,000,000Source | 789,000,000Source | 693,000,000Source | 753,000,000Source |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | 335,000,000Source | 369,000,000Source | 412,000,000Source | 353,000,000Source |
| Long-term Debt, Current MaturitiesUSD | — | — | 2,000,000Source | 3,000,000Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 32,000,000Source | 36,000,000Source | 40,000,000Source | 38,000,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | 24,000,000Source | -47,000,000Source | -13,000,000Source | -35,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 130,000,000Source | 331,000,000Source | 237,000,000Source | 346,000,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 11,000,000Source | 16,000,000Source | — | 29,000,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -126,000,000Source | -2,000,000Source | -10,000,000Source | -79,000,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 98,000,000Source | 105,000,000Source | 99,000,000Source | 73,000,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 15,000,000Source | 26,000,000Source | 20,000,000Source | 26,000,000Source |
| Payments for Repurchase of Common StockUSD | 300,000,000Source | 295,000,000Source | 266,000,000Source | 307,000,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -225,000,000Source | -340,000,000Source | -355,000,000Source | -459,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -6,000,000Source | — | -5,000,000Source | -1,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -224,000,000Source | -9,000,000Source | -133,000,000Source | -192,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 171,000,000Source | 395,000,000Source | 404,000,000Source | 514,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 19,000,000Source | 16,000,000Source | 16,000,000Source | 25,000,000Source |
| Income Taxes Paid, NetUSD | -8,000,000Source | 35,000,000Source | 17,000,000Source | 43,000,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 32,000,000Source | 34,000,000Source | 40,000,000Source | 38,000,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 2,000,000Source | 2,000,000Source | 2,000,000Source | 2,000,000Source |
| Amortization of Intangible AssetsUSD | 4,000,000Source | 5,000,000Source | 9,000,000Source | 9,000,000Source |
| Capitalized Computer Software, AmortizationUSD | 55,000,000Source | 50,000,000Source | 47,000,000Source | 49,000,000Source |
| DepreciationUSD | 38,000,000Source | 60,000,000Source | 75,000,000Source | 88,000,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | 0Source | — | — |
| Gain (Loss) on Disposition of AssetsUSD | 1,000,000Source | 4,000,000Source | 4,000,000Source | 5,000,000Source |
| GoodwillUSD | 411,000,000Source | 403,000,000Source | 464,000,000Source | 464,000,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | 30,000,000Source | 68,000,000Source | — | — |
| Impairment of Intangible Assets, Finite-livedUSD | 0Source | 0Source | 0Source | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 106,000,000Source | 139,000,000Source | 178,000,000Source | 187,000,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | -109,000,000Source | — | -12,000,000Source | -395,000,000Source |
| Income Tax Expense (Benefit)USD | 40,000,000Source | 61,000,000Source | 64,000,000Source | 44,000,000Source |
| Investment Income, InterestUSD | 9,000,000Source | 10,000,000Source | 5,000,000Source | 1,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | -3,000,000Source | 139,000,000Source | 166,000,000Source | -208,000,000Source |
| Operating Lease, Impairment LossUSD | — | 12,000,000Source | 12,000,000Source | 16,000,000Source |
| Other Nonoperating Income (Expense)USD | -3,000,000Source | 9,000,000Source | 10,000,000Source | 24,000,000Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 6,990,000,000Source | 7,831,000,000Source | 8,491,000,000Source | 8,465,000,000Source |
| Cost of RevenueUSD | 5,545,000,000Source | 6,065,000,000Source | 6,643,000,000Source | 6,602,000,000Source |
| Selling, General and Administrative ExpenseUSD | 1,272,000,000Source | 1,476,000,000Source | 1,552,000,000Source | 1,558,000,000Source |
| Operating Income (Loss)USD | 163,000,000Source | 201,000,000Source | 243,000,000Source | 234,000,000Source |
| Other Nonoperating Income (Expense)USD | -3,000,000Source | 9,000,000Source | 10,000,000Source | 24,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 146,000,000Source | 200,000,000Source | 242,000,000Source | 231,000,000Source |
| Income Tax Expense (Benefit)USD | 40,000,000Source | 61,000,000Source | 64,000,000Source | 44,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | -3,000,000Source | 139,000,000Source | 166,000,000Source | -208,000,000Source |
| Earnings Per Share, BasicUSD per share | -0.08Source | 3.61Source | 3.48Source | -3.93Source |
| Earnings Per Share, DilutedUSD per share | -0.08Source | 3.5Source | 3.37Source | -3.79Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 34,000,000Source | 39,000,000Source | 48,000,000Source | 53,000,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 35,000,000Source | 40,000,000Source | 49,000,000Source | 55,000,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 4,000,000Source | 5,000,000Source | 9,000,000Source | 9,000,000Source |
| Capitalized Computer Software, AmortizationUSD | 55,000,000Source | 50,000,000Source | 47,000,000Source | 49,000,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 97,000,000Source | 115,000,000Source | 131,000,000Source | 146,000,000Source |
| Gross ProfitUSD | 1,445,000,000Source | 1,766,000,000Source | 1,848,000,000Source | 1,863,000,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 106,000,000Source | 139,000,000Source | 178,000,000Source | 187,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 127,000,000Source | 176,000,000Source | 226,000,000Source | 173,000,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 3.14Source | 3.61Source | 3.73Source | 3.54Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 3.08Source | 3.5Source | 3.61Source | 3.42Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | -109,000,000Source | — | -12,000,000Source | -395,000,000Source |
| Interest ExpenseUSD | 23,000,000Source | 20,000,000Source | 16,000,000Source | 28,000,000Source |
| Investment Income, InterestUSD | 9,000,000Source | 10,000,000Source | 5,000,000Source | 1,000,000Source |
| Other ExpensesUSD | — | — | 54,000,000Source | 37,000,000Source |