
Sealed Air (SEE) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
1.3B
Gross Profit
391.7M
30.78%
Operating Income
186.0M
14.62%
Net Income
113.5M
8.92%
EPS (Diluted)
$0.77
Balance Sheet Metrics
Total Assets
7.0B
Total Liabilities
6.3B
Shareholders Equity
797.9M
Debt to Equity
7.83
Cash Flow Metrics
Operating Cash Flow
24.7M
Free Cash Flow
-12.0M
Revenue & Profitability Trend
Sealed Air Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 5.4B | 5.5B | 5.6B | 5.5B | 4.9B |
Cost of Goods Sold | 3.8B | 3.8B | 3.9B | 3.9B | 3.3B |
Gross Profit | 1.6B | 1.6B | 1.8B | 1.7B | 1.6B |
Gross Margin % | 30.1% | 29.9% | 31.4% | 30.4% | 32.8% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 752.6M | 759.1M | 786.2M | 772.4M | 773.7M |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 752.6M | 759.1M | 786.2M | 772.4M | 773.7M |
Operating Income | 809.9M | 819.5M | 950.6M | 869.7M | 798.1M |
Operating Margin % | 15.0% | 14.9% | 16.8% | 15.7% | 16.3% |
Non-Operating Items | |||||
Interest Income | 40.4M | 14.5M | 7.2M | 6.9M | 10.2M |
Interest Expense | 288.0M | 277.5M | 169.5M | 174.7M | 174.4M |
Other Non-Operating Income | -99.1M | -121.2M | -53.9M | 19.3M | 8.8M |
Pre-tax Income | 458.4M | 429.7M | 729.3M | 716.2M | 626.2M |
Income Tax | 188.9M | 90.4M | 238.0M | 225.0M | 142.1M |
Effective Tax Rate % | 41.2% | 21.0% | 32.6% | 31.4% | 22.7% |
Net Income | 264.7M | 341.6M | 491.6M | 506.8M | 502.9M |
Net Margin % | 4.9% | 6.2% | 8.7% | 9.2% | 10.3% |
Key Metrics | |||||
EBITDA | 1.1B | 1.1B | 1.1B | 1.1B | 972.7M |
EPS (Basic) | $1.82 | $2.37 | $3.37 | $3.36 | $3.24 |
EPS (Diluted) | $1.81 | $2.36 | $3.33 | $3.32 | $3.22 |
Basic Shares Outstanding | 145500000 | 144400000 | 145900000 | 150900000 | 155200000 |
Diluted Shares Outstanding | 145500000 | 144400000 | 145900000 | 150900000 | 155200000 |
Income Statement Trend
Sealed Air Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 371.8M | 346.1M | 456.1M | 561.0M | 548.7M |
Short-term Investments | - | - | - | - | - |
Accounts Receivable | 443.1M | 442.6M | 592.4M | 620.3M | 541.0M |
Inventory | 722.2M | 774.3M | 866.3M | 725.7M | 596.7M |
Other Current Assets | 193.8M | 188.4M | 57.5M | 50.1M | 54.1M |
Total Current Assets | 1.9B | 2.0B | 2.1B | 2.1B | 1.9B |
Non-Current Assets | |||||
Property, Plant & Equipment | 364.2M | 345.1M | 281.2M | 257.7M | 260.9M |
Goodwill | 6.1B | 6.2B | 4.5B | 4.5B | 4.6B |
Intangible Assets | 381.6M | 439.0M | 138.4M | 152.6M | 171.0M |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 374.3M | 402.9M | 438.9M | 521.9M | 542.9M |
Total Non-Current Assets | 5.1B | 5.2B | 4.1B | 4.2B | 4.2B |
Total Assets | 7.0B | 7.2B | 6.2B | 6.2B | 6.1B |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 771.0M | 764.6M | 865.6M | 959.9M | 754.2M |
Short-term Debt | 234.8M | 205.6M | 464.6M | 509.7M | 53.8M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | 400.0K | - | - |
Total Current Liabilities | 1.6B | 1.5B | 2.1B | 2.0B | 1.4B |
Non-Current Liabilities | |||||
Long-term Debt | 4.3B | 4.6B | 3.3B | 3.3B | 3.8B |
Deferred Tax Liabilities | 26.1M | 35.8M | 33.4M | 46.7M | 31.0M |
Other Non-Current Liabilities | 345.1M | 383.3M | 337.0M | 486.4M | 489.0M |
Total Non-Current Liabilities | 4.8B | 5.1B | 3.8B | 4.0B | 4.5B |
Total Liabilities | 6.4B | 6.7B | 5.9B | 6.0B | 5.9B |
Equity | |||||
Common Stock | 15.5M | 15.4M | 23.3M | 23.2M | 23.2M |
Retained Earnings | 643.4M | 496.5M | 3.2B | 2.8B | 2.4B |
Treasury Stock | 404.2M | 436.4M | 4.0B | 3.8B | 3.4B |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 624.5M | 549.5M | 344.1M | 248.7M | 172.5M |
Key Metrics | |||||
Total Debt | 4.5B | 4.8B | 3.8B | 3.8B | 3.8B |
Working Capital | 256.3M | 454.3M | 35.0M | 62.3M | 514.1M |
Balance Sheet Composition
Sealed Air Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 264.7M | 341.6M | 491.6M | 506.8M | 502.9M |
Depreciation & Amortization | 240.9M | 233.4M | 184.6M | 186.4M | 174.2M |
Stock-Based Compensation | 31.6M | 33.0M | 50.5M | 43.5M | 41.7M |
Working Capital Changes | 113.5M | -201.7M | -184.1M | -68.4M | -72.8M |
Operating Cash Flow | 688.0M | 429.1M | 546.2M | 737.4M | 758.4M |
Investing Activities | |||||
Capital Expenditures | - | - | - | - | - |
Acquisitions | 5.2M | -1.2B | -200.0K | 89.3M | 5.4M |
Investment Purchases | -19.5M | - | - | - | - |
Investment Sales | 3.1M | 13.7M | 5.1M | 8.4M | 15.4M |
Investing Cash Flow | -12.3M | -1.1B | -5.7M | 87.4M | 21.3M |
Financing Activities | |||||
Share Repurchases | 0 | -79.9M | -280.2M | -403.1M | -33.0M |
Dividends Paid | -118.0M | -117.9M | -118.5M | -115.6M | -100.4M |
Debt Issuance | 416.2M | 1.8B | 423.3M | 601.5M | 0 |
Debt Repayment | -718.7M | -967.4M | -435.0M | -620.9M | -116.2M |
Financing Cash Flow | -432.8M | 755.7M | -446.7M | -575.8M | -360.7M |
Free Cash Flow | 507.8M | 272.0M | 376.0M | 496.6M | 555.9M |
Net Change in Cash | 242.9M | 50.8M | 93.8M | 249.0M | 419.0M |
Cash Flow Trend
Sealed Air Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
16.13
Forward P/E
10.40
Price to Book
5.05
Price to Sales
0.90
PEG Ratio
-2.70
Profitability Ratios
Profit Margin
5.46%
Operating Margin
16.02%
Return on Equity
37.35%
Return on Assets
6.83%
Financial Health
Current Ratio
1.19
Debt to Equity
466.08
Beta
1.34
Per Share Data
EPS (TTM)
$2.03
Book Value per Share
$6.48
Revenue per Share
$36.43
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
see | 4.8B | 16.13 | 5.05 | 37.35% | 5.46% | 466.08 |
International Paper | 25.8B | 41.77 | 1.39 | -0.20% | -0.12% | 57.16 |
Smurfit WestRock plc | 25.5B | 59.57 | 1.42 | 4.23% | 1.98% | 79.49 |
Berry Global | 7.8B | 14.95 | 3.18 | 20.38% | 5.41% | 308.68 |
Graphic Packaging | 6.8B | 13.02 | 2.13 | 17.71% | 6.18% | 182.39 |
Silgan Holdings | 4.9B | 16.46 | 2.23 | 14.54% | 4.90% | 227.34 |
Financial data is updated regularly. All figures are in the company's reporting currency.