SEALED AIR CORP/DE

10-K & 10-Q Filings

Sealed Air Corporation, or SEE, is a leading global provider of packaging solutions that integrate sustainable, high-performance materials, automation, equipment, and services. The company's purpose is to protect, solve critical packaging challenges, and make the world better. SEE's business strategy focuses on creating long-term, value-added partnerships with customers to advance sustainable, automated and digital packaging solutions. The company operates in two reportable segments: Food and Protective. The Food segment provides packaging solutions to food processors and retailers, while the Protective segment offers protective packaging solutions to various industries. SEE's website is <https://www.sealedair.com>, and its ticker symbol is SEE on the New York Stock Exchange.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$5640.90
7648.10
7690.80
7750.50
7031.50
6778.30
4461.60
4732.70
4791.10
4903.20
5533.80
5641.90
5488.90
1348.80
1329.60
-0.23%-1.42%Cost of Revenue (-)
$3999.70
5103.80
5103.30
5062.90
4444.90
4246.70
3044.40
3230.60
3226.30
3293.90
3852.90
3869.00
3847.60
943.70
928.80
-0.32%-1.58%Gross Profit (+)
$1641.20
2544.30
2587.50
2687.60
2586.60
2531.60
1417.20
1502.10
1564.80
1609.30
1680.90
1772.90
1641.30
405.10
400.80
0.00%-1.06%Selling, General & Administrative (-)
$1034.90
1785.20
1749.20
1837.20
1652.30
1604.50
796.00
782.30
915.50
772.70
772.40
786.20
759.10
221.60
185.50
-2.55%-16.29%Depreciation & Amortization (-)
$
123.20
118.90
88.70
94.90
13.10
15.70
28.90
37.50
38.80
36.10
62.70
15.20
14.80
-2.63%Non-recurring Operating Expenses (-)
$117.60
149.90
74.90
44.60
78.30
13.20
12.10
47.80
41.90
11.00
14.50
12.10
15.60
-1.20
15.50
-15.49%1391.67%Operating Expenses (-)
$1193.80
3961.40
1985.40
2034.00
1809.80
1714.30
821.20
845.80
986.30
821.20
780.00
828.10
886.70
235.60
215.80
-2.45%-8.40%Costs & Expenses (Total) (-)
$5193.50
9065.20
7088.70
7075.80
6254.70
5961.00
3865.60
4076.40
4212.60
4115.10
4632.90
4697.10
4734.30
1179.30
1144.60
-0.77%-2.94%Operating Income/Loss (+)
$447.40
-1417.10
602.10
653.60
763.40
819.10
596.00
656.30
578.50
788.10
900.90
944.80
754.60
169.50
185.00
4.45%9.14%Non-operating Income/Expense (+)
$-13.90
-70.20
-63.40
-99.40
-90.10
11.10
-0.90
-18.10
-19.50
17.20
-16.90
-53.20
-61.90
-15.00
-0.80
94.67%Interest Expense (-)
$217.10
384.70
361.00
287.70
227.70
213.10
201.80
177.90
184.10
174.40
167.80
162.30
263.00
57.80
65.10
1.61%12.63%Earnings before Tax (+)
$216.10
-1872.00
177.70
267.20
425.90
565.90
393.30
457.80
370.30
626.20
716.20
729.30
429.70
96.70
119.10
5.90%23.16%Tax Expense (-)
$67.00
-261.90
84.00
9.10
90.50
79.50
330.50
307.50
76.60
142.10
225.00
238.00
90.40
33.80
35.70
2.53%5.62%Income/Loss (Continuing Operations) (+)
$149.10
-1610.10
93.70
258.10
335.40
486.40
62.80
150.30
293.70
484.10
491.20
491.30
339.30
62.90
83.40
7.09%32.59%Income/Loss (Discontinued Operations) (+)
$
199.80
30.50
752.10
42.80
-30.70
18.80
15.60
0.30
2.30
-1.00
-1.40
-40.00%Profit/Loss (+)
$149.10
-1410.30
124.20
258.10
Net Income/Loss (+)
$149.10
-1410.30
124.20
258.10
335.40
486.40
814.90
193.10
263.00
502.90
506.80
491.60
341.60
61.90
82.00
7.15%32.47%Net Income/Loss (Common) (+)
$149.10
-1410.30
124.20
258.10
335.40
486.40
814.90
193.10
263.00
502.90
506.80
491.60
341.60
61.90
82.00
7.15%32.47%EPS (Basic)
$0.89
-7.31
0.64
1.22
1.63
2.49
4.33
1.21
1.70
3.24
3.36
3.37
2.37
0.43
0.57
8.50%32.56%EPS (Diluted)
$0.80
-7.31
0.58
1.20
1.62
2.46
4.29
1.20
1.69
3.22
3.32
3.33
2.36
0.43
0.56
9.43%30.23%Weighted Avg Shares (Basic)
167.00
192.80
194.60
210.00
203.90
194.30
186.90
159.40
154.30
155.20
150.90
145.90
144.40
144.10
144.90
-1.20%0.56%Weighted Avg Shares (Diluted)
185.40
192.80
213.50
213.90
206.70
197.20
188.90
160.20
155.20
156.00
152.40
147.40
144.90
144.80
145.40
-2.03%0.41%Cash
$722.80
679.60
992.40
322.60
358.40
363.70
594.00
271.70
262.40
548.70
561.00
456.10
346.10
303.10
352.80
-5.95%16.40%Receivables
$1385.80
1326.00
1126.40
1002.20
758.40
898.70
552.40
473.40
556.50
541.00
620.30
592.40
442.60
481.80
461.50
-9.07%-4.21%Inventory
$798.10
736.40
688.40
707.60
660.80
659.90
506.80
544.90
570.30
596.70
725.70
866.30
774.30
961.70
790.20
-0.25%-17.83%Prepaid Expenses (Current)
$125.60
87.40
84.90
122.20
280.20
135.20
33.90
124.50
58.90
54.10
50.10
57.50
188.40
193.80
198.80
3.44%2.58%Other Assets (Current)
$230.30
393.00
525.60
537.00
157.80
157.80
179.30
140.30
115.90
141.00
112.50
144.50
211.90
126.70
189.50
-0.69%49.57%Assets (Current)
$3262.60
3222.40
3417.70
2691.60
2215.60
2215.30
1866.40
1554.80
1564.00
1881.50
2069.60
2116.80
1963.30
2067.10
1992.80
-4.14%-3.59%Property, Plant & Equipment (Net)
$1322.10
1212.80
1134.50
993.20
930.70
1060.30
998.40
1036.20
1232.00
1265.80
1295.80
1346.10
1502.90
1478.90
1491.50
1.07%0.85%Goodwill & Intangibles
$6323.70
4331.10
4131.50
3877.70
3693.80
3565.70
2023.40
2049.30
2399.00
2393.60
2342.00
2312.90
3331.50
3380.90
3313.30
-5.20%-2.00%Other Assets
$588.30
670.90
450.50
479.20
585.90
547.80
392.10
409.90
570.20
542.90
521.90
438.90
402.90
429.30
401.70
-3.11%-6.43%Assets (Non-current)
$8234.10
6214.80
5716.50
5350.10
5210.40
5173.80
3413.90
3495.40
4201.20
4202.30
4159.70
4097.90
5237.30
5289.10
5206.50
-3.70%-1.56%Assets (Total)
$11496.70
9437.20
9134.20
8041.70
7426.00
7389.10
5280.30
5050.20
5765.20
6083.80
6229.30
6214.70
7200.60
7356.20
7199.30
-3.82%-2.13%Accounts Payable
$619.00
483.80
524.50
638.70
675.30
885.70
771.10
788.50
750.80
774.10
982.60
885.50
793.30
850.90
840.00
2.09%-1.28%Debt (Current)
$36.40
41.00
283.10
131.50
288.50
420.70
27.50
237.70
141.80
29.50
488.50
440.60
176.40
189.70
178.10
14.06%-6.11%Other Liabilities (Current)
$1728.10
1808.80
1893.20
960.70
843.30
812.50
579.60
462.40
543.60
563.80
536.20
755.70
539.30
692.20
484.70
-9.25%-29.98%Liabilities (Current)
$2383.50
2333.60
2700.80
1730.90
1807.10
2118.90
1378.20
1488.60
1436.20
1367.40
2007.30
2081.80
1509.00
1732.80
1502.80
-3.74%-13.27%Debt (Non-current)
$5010.90
4540.80
4116.40
4282.50
4302.70
3938.30
3230.50
3236.50
3764.30
3731.40
3219.60
3237.90
4513.90
4640.40
4484.20
-0.87%-3.37%Other Liabilities
$1149.90
1118.50
926.50
865.50
789.10
722.20
519.30
673.70
760.90
812.50
753.70
550.90
628.20
636.50
614.00
-4.91%-3.53%Liabilities (Non-current)
$6160.80
5659.30
5042.90
5148.00
5091.80
4660.50
3749.80
3910.20
4525.20
4543.90
3973.30
3788.80
5142.10
5276.90
5098.20
-1.49%-3.39%Liabilities (Total)
$8544.30
7992.90
7743.70
6878.90
6898.90
6779.40
5128.00
5398.80
5961.40
5911.30
5980.60
5870.60
6651.10
7009.70
6601.00
-2.07%-5.83%Treasury Stock
$375.60
353.40
327.60
481.40
1265.70
1478.10
2700.60
3336.50
3382.40
3380.90
3754.70
4019.10
436.40
4076.00
404.20
1.26%-90.08%Retained Earnings
$1766.50
254.80
276.40
448.50
675.20
1040.00
1735.20
1835.50
1998.50
2400.70
2790.70
3163.40
496.50
3195.50
548.90
-10.04%-82.82%AOCI
$-145.10
-164.90
-277.40
-613.80
-820.00
-949.10
-844.90
-920.40
-909.00
-963.50
-933.90
-978.80
-955.50
-949.20
-985.20
-3.79%Shareholder's Equity
$2952.40
1444.30
1390.50
1162.80
527.10
609.70
152.30
-348.60
-196.20
172.50
248.70
344.10
549.50
346.50
598.30
-13.07%72.67%Liabilities & Equity
$11496.70
9437.20
9134.20
8041.70
7426.00
7389.10
5280.30
5050.20
5765.20
6083.80
6229.30
6214.70
7200.60
7356.20
7199.30
-3.82%-2.13%Net Income/Loss
$149.10
486.40
814.90
193.10
263.00
502.90
506.80
491.60
341.60
61.90
82.00
7.15%32.47%Depreciation & Amortization
$194.40
319.00
302.50
272.40
213.30
214.00
149.30
131.20
150.80
174.20
186.40
184.60
233.40
55.90
59.70
1.54%6.80%Increase/Decrease in Working Capital
$-5.50
14.40
-113.40
-810.70
192.40
-129.10
135.20
-52.60
-27.30
72.80
68.40
184.10
201.70
112.60
28.80
-74.42%Share-based Compensation
$25.00
24.10
54.10
61.20
59.90
44.90
29.20
32.90
41.70
43.50
50.50
33.00
17.60
8.50
2.34%-51.70%Adjustments to Reconcile Net Income
$243.00
2014.50
531.10
-460.00
632.30
420.50
-390.50
234.90
248.10
234.10
202.90
121.70
174.60
-10.00
43.10
-2.72%531.00%Net Cash (Operating)
$392.10
404.40
624.80
-201.90
967.70
906.90
424.40
428.00
511.10
737.00
709.70
613.30
516.20
51.90
125.10
2.32%141.04%Capital Expenditure
$2097.20
116.60
104.40
141.40
84.00
268.80
-1883.10
252.30
642.50
188.10
213.20
246.90
1404.90
1212.90
42.90
-3.28%-96.46%Net Cash (Investing)
$-2370.40
-116.50
-105.50
-141.50
-60.00
-314.80
1813.60
-266.70
-665.60
-159.80
-125.70
-243.00
-1378.20
-1206.90
-38.00
96.85%Increase/Decrease in Debt
$2171.80
-445.40
-180.00
51.90
191.70
-177.70
-437.80
222.40
333.10
-116.20
-25.30
-6.20
997.60
1144.20
-30.80
-6.28%-102.69%Increase/Decrease in Equity
$-51.20
-29.60
-7.70
-208.30
-810.80
-217.00
-1302.10
-582.60
-67.30
-33.00
-403.10
-280.20
-79.90
-79.90
Interest Expenses
$135.30
323.00
289.70
710.40
229.70
215.10
210.80
191.40
194.90
187.70
175.20
174.50
265.20
50.80
80.50
5.77%58.46%Dividends Paid
$87.40
100.90
102.00
110.90
106.80
121.60
119.70
104.10
99.10
100.40
115.60
118.50
117.90
31.10
30.50
2.53%-1.93%Net Cash (Financing)
$2023.60
-585.10
-319.80
-304.10
-775.30
-540.90
-1864.30
-478.30
139.90
-261.70
-575.80
-446.70
755.70
999.10
-69.10
-7.88%-106.92%Cash Taxes Paid
$129.80
109.70
114.80
85.10
101.60
125.80
161.70
155.00
94.70
102.00
112.60
192.20
357.70
14.00
20.90
8.81%49.29%Effect of Exchange Rate
$1.90
11.10
-13.70
-22.30
-60.40
-39.20
-113.40
-5.30
5.30
-29.20
4.10
-28.50
-3.70
2.90
-11.30
-489.66%Increase/Decrease in Cash
$47.20
-310.10
498.60
-669.80
72.00
12.00
260.30
-322.30
-9.30
286.30
12.30
-104.90
-110.00
-153.00
6.70
104.38%Cash (Beginning)
$675.60
703.60
679.60
992.40
286.40
351.70
333.70
594.00
271.70
262.40
548.70
561.00
456.10
456.10
346.10
-3.22%-24.12%Cash (Ending)
$722.80
679.60
992.40
322.60
358.40
363.70
594.00
271.70
262.40
548.70
561.00
456.10
346.10
303.10
352.80
-5.95%16.40%NOPAT
$178.67
-1615.36
213.12
445.44
581.29
637.01
841.04
434.09
430.56
659.73
759.26
695.81
126.44
144.96
152.54
-2.84%5.23%Gross Margin %
29.09%
33.27%
33.64%
34.68%
36.79%
37.35%
31.76%
31.74%
32.66%
32.82%
30.38%
31.42%
29.90%
30.03%
30.14%
Operating Margin %
7.93%
-18.53%
7.83%
8.43%
10.86%
12.08%
13.36%
13.87%
12.07%
16.07%
16.28%
16.75%
13.75%
12.57%
13.91%
NOPAT Margin %
3.17%
-21.12%
2.77%
5.75%
8.27%
9.40%
18.85%
9.17%
8.99%
13.46%
13.72%
12.33%
2.30%
10.75%
11.47%
Net Margin %
2.64%
-18.44%
1.61%
3.33%
4.77%
7.18%
18.26%
4.08%
5.49%
10.26%
9.16%
8.71%
6.22%
4.59%
6.17%
Tax Rate %
60.06%
-13.99%
64.60%
31.85%
23.86%
22.23%
-41.11%
33.86%
25.57%
16.29%
15.72%
26.35%
83.24%
14.48%
17.55%
ROA
1.55%
-17.12%
2.33%
5.54%
7.83%
8.62%
15.93%
8.60%
7.47%
10.84%
12.19%
11.20%
1.76%
1.97%
2.12%
ROE
6.05%
-111.84%
15.33%
38.31%
110.28%
104.48%
552.22%
-124.52%
-219.45%
382.45%
305.29%
202.21%
23.01%
41.84%
25.49%
ROIC
1.98%
-23.13%
3.30%
7.54%
10.41%
11.82%
24.03%
12.47%
10.61%
15.39%
17.51%
15.93%
2.29%
2.67%
2.87%
Asset Turnover
0.49
0.81
0.84
0.96
0.95
0.92
0.84
0.94
0.83
0.81
0.89
0.91
0.76
0.18
0.18
Inventory Turnover
5.01
6.93
7.41
7.16
6.73
6.44
6.01
5.93
5.66
5.52
5.31
4.47
4.97
0.98
1.18
Equity Multiplier
3.89
6.53
6.57
6.92
14.09
12.12
34.67
-14.49
-29.38
35.27
25.05
18.06
13.10
21.23
12.03
Current Ratio
1.37
1.38
1.27
1.56
1.23
1.05
1.35
1.04
1.09
1.38
1.03
1.02
1.30
1.19
1.33
Quick Ratio
0.88
0.86
0.78
0.77
0.62
0.60
0.83
0.50
0.57
0.80
0.59
0.50
0.52
0.45
0.54
Debt/Equity Ratio
1.71
3.17
3.16
3.80
8.71
7.15
21.39
-9.97
-19.91
21.80
14.91
10.69
8.54
13.94
7.79
Interest Coverage Ratio
3.31
-4.39
2.08
0.92
3.32
3.81
2.83
3.43
2.97
4.20
5.14
5.41
2.85
3.34
2.30
Working Capital/Sales
0.25
0.19
0.16
0.13
0.14
0.11
0.11
0.08
0.09
0.13
0.13
0.13
0.13
0.43
0.38
Dividend Payout Ratio %
48.92%
6.25%
47.86%
24.90%
18.37%
19.09%
14.23%
23.98%
23.02%
15.22%
15.23%
17.03%
93.25%
21.45%
20.00%
Total Payout
$-1897.90
898.90
579.40
977.70
955.60
731.40
2070.40
655.70
28.20
437.30
719.20
579.40
-534.60
-982.40
141.80
114.43%Payout Ratio %
-1062.24%
55.65%
271.86%
219.49%
164.39%
114.82%
246.17%
151.05%
6.55%
66.28%
94.72%
83.27%
-422.81%
-677.70%
92.96%