Event-Driven Stocks

VECTOR GROUP LTD

VGR

Consumer Staples · Cigarettes · DE · SEC filings ↗ · Compare ⊕

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Signs● 3 good● 3 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$1.42B$1.44B$1.22B$1.23B$1.12B$1.87B
Operating income$328.0M$339.0M$320.4M$294.4M$234.6M$224.0M
Net income$183.5M$158.7M$219.5M$92.9M$101.0M$58.1M
Total assets$934.1M$908.6M$871.1M$1.34B$1.51B$1.55B
Total liabilities$1.68B$1.72B$1.71B$2.00B$2.19B$2.10B
Equity−$741.8M−$807.9M−$841.6M−$659.7M−$685.5M−$548.1M
EPS (diluted)$1.16$1.01$1.40$0.60$0.63$0.35
Shares out.156.2M153.9M154.2M148.1M140.9M134.4M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
23.0%
Net margin
12.9%
Return on equity
−24.7%
Return on assets
19.6%
Return on capital (ROCE)
41.6%
Liabilities / assets
179.4%
Debt / equity
—
Book value / share
$-4.75
Revenue growth (YoY)
−1.2%
Net income growth (YoY)
15.6%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2023
Altman Z″ (distress)
1.82grey zone
Accruals / assets
−2.8%clean
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
58
/ 100
Profitability 80Growth 50Catalyst 33Earnings quality 100Financial strength 25

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 2 severe● 3 warning● 3 good
  • Negative shareholder equity
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (3)