Assay
Financial-condition grades for SEC filers
Company Report · as of Oct 9, 2026
|
| Advantage Solutions Inc.ADV · other | |
|---|---|
| Grade |  Eweakest fifth of 336 graded peers; percentile 86.9, sampling error 2.6 points; lower is stronger |
| Rank | 292 of 336 |
| Profitability | C/Dpercentile 58.9 |
| Solvency | Cpercentile 47.9 |
| Growth and financing | D/Epercentile 77.4 |
| Reliability | 0.94 AUCfailure model, filers with over $2.67B assets; 95% interval 0.88 to 0.97; 61 events, 2020 to 2025 |
| Peer failure rate | 0.52% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025 |
| Size band | over $2.67B assetstotal assets $2.8B[1] |
| Standard universe | insiderevenue above $1M and assets above $10M[1-2] |
| Warnings | none activenot computable: distress |
| Inputs computable | 8 of 14 |
| Graded from | filings received through Mar 3, 2026220 days before the rescan; every figure keyed to the SEC receipt date |
| Last close | $30.342026-10-08; market equity $389.1M; iex feed |
| Price used in grade | None |
| Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history | ||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date. Open this report as it stood on | ||||||||||||||||||||||||||||||||
Each date opens the report as it stood on that rescan. |
Business, in the company's words. Opening of Item 1 of the 10-K received Mar 3, 2026; the document on sec.gov.
We provide outsourced sales, marketing, merchandising, sampling, and retailer support services to consumer packaged goods (“CPG”) manufacturers and retailers primarily across North America. Our services are designed to support distribution, retail execution, shopper engagement, and private brand development across both physical and digital commerce environments. We serve more than 4,000 clients across grocery, mass, club, retail pharmacy, convenience, and other channels in over 100,000 retail locations. We operate through three reportable segments: Branded Services, Experiential Services, and Retailer Services.
The Fourteen Inputs [top]
Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.
| Input | Percentile, 0 to 100 | Value | Source | Peer median | Percentile | Peers | Period end |
|---|---|---|---|---|---|---|---|
| Profitability, sleeve percentile 58.9 | |||||||
| Gross profitability | not computable | 27.1% | |||||
| one or more required annual facts are missing | |||||||
| Return on invested capital | (5.1%) | [3-11] | 10.0% | 90.7 | 151 | 2025-12-31 | |
| Accruals ratio | (9.8%) | [1,12-14] | (5.9%) | 27.1 | 506 | 2025-12-31 | |
| Gross margin stability, five years | not computable | 2.2 pts | |||||
| five annual gross margins are required; found 0 | |||||||
| Solvency, sleeve percentile 47.9 | |||||||
| Twelve-month failure probability | not computable | 0.04% | |||||
| latest liabilities, cash plus short-term investments, book equity, and shares are required | |||||||
| Altman Z double-prime | (2.13) | [1,3,7,15-18] | 2.05 | 71.9 | 386 | 2025-12-31 | |
| Net debt to EBITDA | not computable | 2.52x | |||||
| EBITDA must exceed $100,000 | |||||||
| Interest coverage | not computable | 2.18x | |||||
| latest aligned inputs end 2023-12-31; latest annual assets end 2025-12-31 | |||||||
| Current ratio | 2.25x | [15-16] | 1.32x | 23.8 | 506 | 2025-12-31 | |
| Growth and financing, sleeve percentile 77.4 | |||||||
| Revenue growth, three-year compound | (1.0%) | [2,19-21] | 5.1% | 71.1 | 403 | 2025-12-31 | |
| Free cash flow growth, three-year compound | (15.8%) | [13,22-28] | 8.7% | 76.7 | 220 | 2025-12-31 | |
| Reinvestment rate | not computable | 11.9% | |||||
| NOPAT must exceed $100,000 | |||||||
| Asset growth, three years | (13.1%) | [1,14,29-30] | 4.1% | 92.0 | 438 | 2025-12-31 | |
| Net share issuance, one year | 1.9% | [31-32] | (0.4%) | 69.9 | 356 | 2026-03-02 | |
Gross profitability. Revenue less cost of goods sold, over total assets.
Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.
Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.
Twelve-month failure probability. CHS model; lower is stronger.
Net debt to EBITDA. Lower is stronger.
Net share issuance, one year. Split-adjusted; lower is stronger.
Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.248; sampling error 2.6 percentile points on 336 peers.
Among 336 Peers [top]
Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.
| Rank | Company | Percentile | Letter | Warnings |
|---|---|---|---|---|
| 287 | CSX Corp. (CSX) CSX Corp. (CSX) Eweakest fifth; percentile 85.4 Nasdaq · Railroads, Line-Haul Operating market equity $87.7B; last close $47.34 No active warnings; 7 of 14 inputs | 85.4 | E | |
| 288 | RXO, Inc. (RXO) RXO, Inc. (RXO) Eweakest fifth; percentile 85.7 NYSE · Transportation Services market equity $4.8B; last close $28.92 No active warnings; 7 of 14 inputs | 85.7 | E | |
| 289 | Forward AIR Corp. (FWRD) Forward AIR Corp. (FWRD) Eweakest fifth; percentile 86.0 Nasdaq · Arrangement of Transportation of Freight & Cargo market equity $551.3M; last close $16.33 Warnings: late filer; 8 of 14 inputs | 86.0 | E | late filer |
| 290 | Xenia Hotels & Resorts, Inc. (XHR) Xenia Hotels & Resorts, Inc. (XHR) Eweakest fifth; percentile 86.3 NYSE · Hotels & Motels market equity $1.7B; last close $18.02 No active warnings; 8 of 14 inputs | 86.3 | E | |
| 291 | MP Materials Corp. DE (MP) MP Materials Corp. DE (MP) Eweakest fifth; percentile 86.6 NYSE · Metal Mining market equity $8.2B; last close $46.17 Warnings: fortress balance sheet; 7 of 14 inputs | 86.6 | E | fortress balance sheet |
| 292 | Advantage Solutions Inc. (ADV) Advantage Solutions Inc. (ADV) Eweakest fifth; percentile 86.9 Nasdaq · Services-Business Services, NEC market equity $392.1M; last close $30.34 No active warnings; 8 of 14 inputs | 86.9 | E | |
| 293 | GXO Logistics, Inc. (GXO) GXO Logistics, Inc. (GXO) Eweakest fifth; percentile 87.2 NYSE · Transportation Services market equity $5.3B; last close $46.34 No active warnings; 9 of 14 inputs | 87.2 | E | |
| 294 | Monro, Inc. (MNRO) Monro, Inc. (MNRO) Eweakest fifth; percentile 87.5 Nasdaq · Services-Automotive Repair, Services & Parking market equity $412.5M; last close $13.73 No active warnings; 12 of 14 inputs | 87.5 | E | |
| 295 | Enbridge Inc. (ENB) Enbridge Inc. (ENB) Eweakest fifth; percentile 87.8 NYSE · Pipe Lines (No Natural Gas) last close $46.53 No active warnings; 10 of 14 inputs | 87.8 | E | |
| 296 | Getty Images Holdings, Inc. (GETY) Getty Images Holdings, Inc. (GETY) Eweakest fifth; percentile 88.1 NYSE · Services-Business Services, NEC market equity $34.9M; last close $0.08 No active warnings; 9 of 14 inputs | 88.1 | E | |
| 297 | Comscore, Inc. (SCOR) Comscore, Inc. (SCOR) Eweakest fifth; percentile 88.4 Nasdaq · Services-Business Services, NEC market equity $61.6M; last close $4.13 Warnings: dilution; 10 of 14 inputs | 88.4 | E | dilution |
| Peer policy | Letter | Percentile | Peers |
|---|---|---|---|
| all graded filers, equal sleeves | E | 84.9 | 2204 |
| sector peers, equal sleeves (the grade) | E | 86.9 | 336 |
| same exchange, equal sleeves | E | 82.4 | 1219 |
| sector peers, equal inputs | E | 90.4 | 336 |
Each letter is one fifth of the 336 graded peers, about 67 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.
What the Price Implies [top]
Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.
| Measure | Value | Peer median | Percentile | Reading |
|---|---|---|---|---|
| Twelve-month price change, skipping the latest month | (13.8%) | 2.0% | 36 | hotter than 36 of 100 peers |
| Distance from 52-week high | (34.7%) | (26.8%) | 35 | closer to its high than 35 of 100 peers |
| EBIT to enterprise value | (6.7%) | 4.4% | 11 | pricier than 89 of 100 peers |
| Free cash flow yield | 14.0% | 4.1% | 91 | pricier than 9 of 100 peers |
| Book value to price | 1.02 | 0.34 | 87 | pricier than 13 of 100 peers |
| Sales to price | 9.03 | 0.70 | 96 | pricier than 4 of 100 peers |
| Composite equity issuance, five years | 0.7% | (8.8%) | 67 | more equity-funded than 67 of 100 peers |
| Relative strength against the sector, log excess return | (0.30) | (0.13) | 36 | ahead of 36 of 100 peers |
Inputs: market equity $392.1M; EBIT -$126.5M; free cash flow $55.1M; book equity $401.8M; sales $3.5B; debt $1.6B; cash $102.3M[33].
Diagnostics [top]
Diagnostics do not feed the grade.
| Piotroski F-score: None of 9, period end 2025-12-31 | ||
|---|---|---|
| Return on assets above zero | (7.3%) | ✗ fail[12,14] |
| Operating cash flow above zero | $61.5M | ✓ pass[13] |
| Return on assets improved | 1.3 pts | ✓ pass[12,14,29,34] |
| Operating cash flow exceeds net income | $289.3M | ✓ pass[12-13] |
| Long-term leverage fell | 7.3 pts | ✗ fail[1,14,29,35-36] |
| Current ratio improved | 26.9 pts | ✓ pass[15-16,37-38] |
| No new shares issued | 1.9% | ✗ fail[31-32] |
| Gross margin improved | n/a | |
| Asset turnover improved | 19.7 pts | ✓ pass[2,14,19,29] |
| Cash, filings, liquidity | |
|---|---|
| Cash and equivalents | $102.3M[39] |
| Operating cash flow, four quarters | $126.5M[13,39-43] |
| Months of runway | not finite |
| trailing operating cash flow is nonnegative, so runway is not finite | |
| Late filings, two years | 0 |
| NT 10-K or NT 10-Q | |
| Days since last periodic filing | 65 |
| 10-Q received Aug 5, 2026 | |
| Median daily dollar volume | $2.3M |
| 63 sessions | |
| Days since newest grade input | 220 |
Downloads [top]
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Sources [top]
Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.
| # | Concept | XBRL tag | Value | Period end | Received | Form | Links |
|---|---|---|---|---|---|---|---|
| 1 | assets | us-gaap:Assets | $2.8B | 2025-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 2 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $3.5B | 2025-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 3 | operating income | us-gaap:OperatingIncomeLoss | -$126.5M | 2025-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 4 | pretax income | us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | -$265.3M | 2025-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 5 | income tax | us-gaap:IncomeTaxExpenseBenefit | -$37.6M | 2025-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 6 | total debt | us-gaap:LongTermDebt | $1.7B | 2025-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 7 | book equity | us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest | $554.0M | 2025-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 8 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $240.8M | 2025-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 9 | total debt | us-gaap:LongTermDebt | $1.7B | 2024-12-31 | 2025-03-07 | 10-K | filing · viewer · series |
| 10 | book equity | us-gaap:StockholdersEquity | $748.7M | 2024-12-31 | 2025-03-07 | 10-K | filing · viewer · series |
| 11 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $205.2M | 2024-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 12 | net income | us-gaap:NetIncomeLoss | -$227.7M | 2025-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 13 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $61.5M | 2025-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 14 | assets | us-gaap:Assets | $3.1B | 2024-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 15 | current assets | us-gaap:AssetsCurrent | $972.6M | 2025-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 16 | current liabilities | us-gaap:LiabilitiesCurrent | $432.6M | 2025-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 17 | retained earnings | us-gaap:RetainedEarningsAccumulatedDeficit | -$2.9B | 2025-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 18 | liabilities | us-gaap:Liabilities | $2.2B | 2025-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 19 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $3.6B | 2024-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 20 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $3.9B | 2023-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 21 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $3.6B | 2022-12-31 | 2025-03-07 | 10-K | filing · viewer · series |
| 22 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $6.5M | 2025-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 23 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $93.1M | 2024-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 24 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $7.8M | 2024-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 25 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $228.5M | 2023-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 26 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $20.7M | 2023-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 27 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $104.7M | 2022-12-31 | 2025-03-07 | 10-K | filing · viewer · series |
| 28 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $12.4M | 2022-12-31 | 2025-03-07 | 10-K | filing · viewer · series |
| 29 | assets | us-gaap:Assets | $3.8B | 2023-12-31 | 2025-03-07 | 10-K | filing · viewer · series |
| 30 | assets | us-gaap:Assets | $4.3B | 2022-12-31 | 2024-03-01 | 10-K | filing · viewer · series |
| 31 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 327,507,690 | 2026-03-02 | 2026-03-03 | 10-K | filing · viewer · series |
| 32 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 321,408,856 | 2025-03-05 | 2025-03-07 | 10-K | filing · viewer · series |
| 33 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 12,822,230 | 2026-07-31 | 2026-08-05 | 10-Q | filing · viewer · series |
| 34 | net income | us-gaap:NetIncomeLoss | -$327.0M | 2024-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 35 | long term debt | us-gaap:LongTermDebtNoncurrent | $1.7B | 2025-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 36 | long term debt | us-gaap:LongTermDebtNoncurrent | $1.7B | 2024-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 37 | current assets | us-gaap:AssetsCurrent | $910.7M | 2024-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 38 | current liabilities | us-gaap:LiabilitiesCurrent | $460.1M | 2024-12-31 | 2026-03-03 | 10-K | filing · viewer · series |
| 39 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $102.3M | 2026-06-30 | 2026-08-05 | 10-Q | filing · viewer · series |
| 40 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $17.2M | 2026-06-30 | 2026-08-05 | 10-Q | filing · viewer · series |
| 41 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $23.7M | 2026-03-31 | 2026-05-06 | 10-Q | filing · viewer · series |
| 42 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $15.9M | 2025-09-30 | 2025-11-06 | 10-Q | filing · viewer · series |
| 43 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$47.7M | 2025-06-30 | 2026-08-05 | 10-Q | filing · viewer · series |
Limitations [top]
Grade boundary. Percentile 86.9 is 6.9 points from the nearest band edge; sampling error is 2.6 points.
Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.
Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.
Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.
Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.
Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.
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