ADVNasdaqServices-Business Services, NECFiscal year ends December 31
Advantage Solutions Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$27.70−1.36 (-4.68%)
Close on Oct 19, 2026
- Market cap
- $357.80M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2017 to 2025
Gross margin
14.0%−5.2 pts over 5 years
Operating margin
-3.6%−5.7 pts over 5 years
Net margin
-6.4%−0.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -0.7% | -1.0% | +2.3% | – | |
| Gross profit | -2.5% | +1.5% | -3.9% | – | |
| Free cash flow | -35.4% | -15.8% | -29.4% | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -8.8% | – | |
| Return on assets | – | -3.0% | -7.7% | |
| Current ratio | – | 1.56 | 2.25 | |
| Debt to equity | – | 0.86 | – | |
| Net debt to EBITDA | – | 6.13× | 18.91× | |
| Interest coverage | – | 0.3× | -0.9× | |
| Capex to revenue | – | 1.0% | 0.2% | |
| Diluted shares | – | 9M | 13M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Advantage Solutions generated $613.82M from operations and spent $132.42M on capital expenditure, dividends and share buybacks. 59% of that went back into the business.
Generated
$613.82M
Used
$132.42M
Capital expenditure$78.53M59%Dividends$00%Share buybacks$53.89M41%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-9.2%
×Asset turnover1.04×
×Equity multiplier3.71×
=Return on equity, FY2024-35.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | -9.2% | 1.04× | 3.71× | -35.3% |
| FY2023 | -1.6% | 0.97× | 3.61× | -5.7% |
| FY2022 | -37.9% | 0.72× | 2.80× | -76.5% |
| FY2021 | 1.5% | 0.62× | 2.37× | 2.2% |
| FY2020 | -5.6% | 0.54× | 2.95× | -8.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$227.74M
- Cash generatingOperating cash flow above zero$61.53M
- Return on assets improvedROA up on the prior year-8.7% → -7.3%
- Earnings backed by cashOperating cash flow above net income$61.53M vs -$227.74M
- Less leverageLong-term debt to assets fell54.3% → 59.4%
- Better liquidityCurrent ratio rose1.98 → 2.25
- No dilutionShare count did not rise13M → 13M
- Gross margin improvedGross margin up on the prior year14.22% → 13.95%
- More efficientAsset turnover rose0.94 → 1.14