ACCO BRANDS Corp
ACCO · Blankbooks, Looseleaf Binders & Bookbindg & Relatd Work · 92.3M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Reference price $4.02 · est. market cap ~$371M — last insider sale, 2026-05-28 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C59A profitable but ex-growth office-products maker facing secular volume declines, high leverage, and customer concentration, landing in the lower half of mid-pack.
Strengths
- Returned to GAAP profitability (net income $41.3M, operating margin 6.1% at 62nd pct) after a 2024 impairment-driven loss, with positive operating cash flow of $68.7M
- ROA at 65th pct and interest coverage (2.0x, 62nd pct) modestly above sector median; well-known global brand portfolio (Mead, Five Star, Kensington, GBC)
Risks
- Revenue down 8.5% (14.7th pct) and net income growth at 10th pct amid secular decline in core office products and stated 'continued declines in use' of certain products
- High leverage (debt/equity 1.26, 82.9th pct) plus pension/multi-employer underfunding and a recent history of goodwill impairments ($165M in 2024, $89.5M in 2023)
- Heavy customer concentration (top-10 customers, large retailers with pricing leverage), tariff exposure, and FX translation risk
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Revenue declineRevenue -19.8% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
32.8%
Operating margin
6.1%
Net margin
2.7%
Return on equity
6.2%
Return on assets
1.8%
ROIC
4.9%
Revenue growth (QoQ)
-19.8%
Debt / equity
1.3×
Interest coverage
2.0×
Current ratio
1.6×
Tangible book value
-$511M
Stock comp / revenue
0.8%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-28 | Jones Angela Y | Sell | 57K | $4.02 |
| 2026-03-14 | Tedford Thomas W | Option exercise | 116K | — |
| 2026-03-14 | Tedford Thomas W | Tax withheld | 45K | $3.32 |
| 2026-03-14 | Daniel Paul P | Option exercise | 21K | — |
| 2026-03-14 | Daniel Paul P | Tax withheld | 5.8K | $3.32 |
| 2026-03-14 | Dudek James | Option exercise | 20K | — |
| 2026-03-14 | Dudek James | Tax withheld | 5.7K | $3.32 |
| 2026-03-14 | Jones Angela Y | Option exercise | 38K | — |
| 2026-03-14 | Jones Angela Y | Tax withheld | 10K | $3.32 |
| 2026-03-14 | McCormack Gregory J. | Option exercise | 32K | — |
| 2026-03-14 | McCormack Gregory J. | Tax withheld | 9.5K | $3.32 |
| 2026-03-14 | OCONNOR DEBORAH A | Option exercise | 94K | — |
| 2026-03-14 | OCONNOR DEBORAH A | Tax withheld | 28K | $3.32 |
| 2026-03-14 | Peters John | Option exercise | 18K | — |
| 2026-03-14 | Peters John | Tax withheld | 5.2K | $3.32 |
| 2026-03-14 | Spijkervet Ard-Jen | Option exercise | 17K | — |
| 2026-03-14 | Spijkervet Ard-Jen | Tax withheld | 8.3K | $3.32 |
| 2026-03-10 | Tedford Thomas W | Option exercise | 220K | — |
| 2026-03-10 | Tedford Thomas W | Tax withheld | 64K | $3.63 |
| 2026-03-10 | OCONNOR DEBORAH A | Option exercise | 105K | — |
| 2026-03-10 | OCONNOR DEBORAH A | Tax withheld | 31K | $3.63 |
| 2026-03-10 | Spijkervet Ard-Jen | Option exercise | 12K | — |
| 2026-03-10 | Spijkervet Ard-Jen | Tax withheld | 6.2K | $3.63 |
| 2026-03-10 | McCormack Gregory J. | Tax withheld | 12K | $3.63 |
| 2026-03-10 | McCormack Gregory J. | Option exercise | 35K | — |
| 2026-03-10 | Jones Angela Y | Option exercise | 42K | — |
| 2026-03-10 | Jones Angela Y | Tax withheld | 13K | $3.63 |
| 2026-03-10 | Peters John | Tax withheld | 4.5K | $3.63 |
| 2026-03-10 | Peters John | Option exercise | 13K | — |
| 2026-03-10 | Dudek James | Option exercise | 22K | — |
| 2026-03-10 | Dudek James | Tax withheld | 7.6K | $3.63 |
| 2026-03-10 | Daniel Paul P | Option exercise | 24K | — |
| 2026-03-10 | Daniel Paul P | Tax withheld | 8.1K | $3.63 |
| 2025-05-06 | Tedford Thomas W | Buy | 5.7K | $3.43 |
| 2025-05-02 | OCONNOR DEBORAH A | Option exercise | 39K | — |
| 2025-05-02 | OCONNOR DEBORAH A | Tax withheld | 11K | $3.63 |
| 2025-03-11 | Tedford Thomas W | Option exercise | 9.2K | — |
| 2025-03-11 | Tedford Thomas W | Tax withheld | 2.7K | $4.82 |
| 2025-03-11 | Schneider Pamela R | Option exercise | 5.0K | — |
| 2025-03-11 | Schneider Pamela R | Tax withheld | 1.5K | $4.82 |
| 2025-03-11 | OCONNOR DEBORAH A | Option exercise | 8.6K | — |
| 2025-03-11 | OCONNOR DEBORAH A | Tax withheld | 2.5K | $4.82 |
| 2025-03-11 | Monko Cezary L | Option exercise | 6.9K | — |
| 2025-03-11 | McCormack Gregory J. | Option exercise | 2.3K | — |
| 2025-03-11 | McCormack Gregory J. | Tax withheld | 737 | $4.82 |
| 2025-03-11 | Jones Angela Y | Disposition | 12K | $4.80 |
| 2025-03-11 | Jones Angela Y | Option exercise | 3.1K | — |
| 2025-03-11 | Jones Angela Y | Tax withheld | 900 | $4.82 |
| 2025-03-11 | Dudek James | Option exercise | 1.6K | — |
| 2025-03-11 | Dudek James | Tax withheld | 473 | $4.82 |
| 2025-03-11 | Daniel Paul P | Option exercise | 1.2K | — |
| 2025-03-11 | Daniel Paul P | Tax withheld | 341 | $4.82 |
| 2025-03-11 | Buchenroth Patrick | Option exercise | 5.0K | — |
| 2025-03-11 | Buchenroth Patrick | Tax withheld | 1.4K | $4.82 |
| 2025-03-02 | Jones Angela Y | Option exercise | 14K | — |
| 2025-03-02 | Jones Angela Y | Tax withheld | 4.1K | $4.62 |
| 2025-03-02 | Daniel Paul P | Option exercise | 5.2K | — |
| 2025-03-02 | Daniel Paul P | Tax withheld | 1.5K | $4.62 |
| 2025-03-02 | Dudek James | Option exercise | 7.3K | — |
| 2025-03-02 | Dudek James | Tax withheld | 2.1K | $4.62 |
| 2025-03-02 | Buchenroth Patrick | Option exercise | 23K | — |
| 2025-03-02 | Buchenroth Patrick | Tax withheld | 5.9K | $4.62 |
| 2025-03-02 | Tedford Thomas W | Option exercise | 42K | — |
| 2025-03-02 | Tedford Thomas W | Tax withheld | 12K | $4.62 |
| 2025-03-02 | Schneider Pamela R | Option exercise | 23K | — |
| 2025-03-02 | Schneider Pamela R | Tax withheld | 6.1K | $4.62 |
| 2025-03-02 | McCormack Gregory J. | Option exercise | 10K | — |
| 2025-03-02 | McCormack Gregory J. | Tax withheld | 3.1K | $4.62 |
| 2025-03-02 | Monko Cezary L | Option exercise | 31K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-19 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2026-04-30 | ResultsExhibits | filing ↗ |
| 2026-03-09 | ResultsExhibits | filing ↗ |
| 2025-10-30 | ResultsExhibits | filing ↗ |
| 2025-07-31 | Material agreementResultsExhibits | filing ↗ |
| 2025-07-03 | Exec/director changeExhibits | filing ↗ |
| 2025-06-10 | Exec/director changeOtherExhibits | filing ↗ |
| 2025-05-21 | Shareholder vote | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-19 | 2026-05-19 | 0001193125-26-230964 ↗ |
| 10-Q | 2026-05-01 | 2026-03-31 | 0001193125-26-201006 ↗ |
| 8-K | 2026-04-30 | 2026-04-30 | 0001193125-26-197592 ↗ |
| 10-K | 2026-03-09 | 2025-12-31 | 0001193125-26-098616 ↗ |
| 8-K | 2026-03-09 | 2026-03-09 | 0001193125-26-097823 ↗ |
| 10-Q | 2025-10-31 | 2025-09-30 | 0001193125-25-260601 ↗ |
| 8-K | 2025-10-30 | 2025-10-30 | 0001193125-25-258795 ↗ |
| 10-Q | 2025-08-01 | 2025-06-30 | 0000950170-25-101292 ↗ |
| 8-K | 2025-07-31 | 2025-07-29 | 0000950170-25-100909 ↗ |
| 8-K | 2025-07-03 | 2025-06-27 | 0000950170-25-093849 ↗ |
| 8-K | 2025-06-10 | 2025-06-04 | 0000950170-25-084312 ↗ |
| 8-K | 2025-05-21 | 2025-05-20 | 0000950170-25-075700 ↗ |