SEE
Sealed Air Corporation (SEE)
Last Price$32.6(4.7%)
Market Cap$4,911.3M
$5,392.6M
-1.8% YoY
$271.6M
-20.5% YoY
$48.9M
Net Debt to FCF - 0.1x
$507.8M
9.4% margin

SEE Income Statement

SEE Income Statement Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
$5,488.9M (2.7%) YoY
$1,641.3M (7.4%) YoY
29.9% margin
Cost of revenue
$3,847.6M (0.6%) YoY
Operating income
$754.6M (20.1%) YoY
13.7% margin
Other: $56.2M
Net interest: $268.7M
Operating expenses
$886.7M 7.8% YoY
Pre-tax income
$429.7M (41.1%) YoY
7.8% margin
Net income
$341.6M (30.5%) YoY
6.2% margin
Income tax
$90.4M
21.0% tax rate
R&D
$96.9M (5.5%) YoY
1.8% of revenue
SG&A
$759.1M (3.4%) YoY
13.8% of revenue

SEE Income statement key metrics

Annual
Quarterly
LTM

Revenue

$5,488.9M -2.7% YoY

Operating Income

$754.6M -20.1% YoY

Net Income

$341.6M -30.5% YoY

SEE Balance Sheet

SEE Balance Sheet Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Assets
Liabilities
Total assets
$7,200.6M
Current assets ($1,963.3M, 27.3% of total)
$346.1M (4.8%)
$581.7M (8.1%)
Other current assets
$1,035.5M (14.4%)
Non-current assets ($5,237.3M, 72.7% of total)
$439.0M (6.1%)
Other non-current assets
$3,260.5M (45.3%)
Financial position
$4,427.3M
$346.1M$4,773.4M
Cash & Short-term Investments
Total Debt

SEE Balance Sheet Metrics

Annual
Quarterly
LTM

Assets

$7,200.6M +15.9% YoY

Liabilities

$6,651.1M +13.3% YoY

Shareholder's Equity

$549.5M +59.7% YoY

SEE Cash Flow Statement

SEE Cash Flow Statement Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Cash Beginning of PeriodOperating Cash FlowInvesting Cash FlowFinancing Cash FlowForex Changes on CashCash End of Period$456.1M$516.2M($1,378.2M)$755.7M($3,700.0K)$346.1M

SEE Cash Flow Statement key metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$516.2M -15.8% YoY

Capital Expenditure (CAPEX)

($244.2M) +2.9% YoY

Free Cash Flow (FCF)

$272.0M -27.7% YoY

SEE Financials

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Dec'04Dec'05Dec'06Dec'07Dec'08Dec'09Dec'10Dec'11Dec'12Dec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23
% growth
3,798.1
0.0%
4,085.1
7.6%
4,327.9
5.9%
4,651.2
7.5%
4,843.5
4.1%
4,242.8
(12.4%)
4,490.1
5.8%
5,640.9
25.6%
7,648.1
35.6%
7,690.8
0.6%
7,750.5
0.8%
7,031.5
(9.3%)
6,778.3
(3.6%)
4,461.6
(34.2%)
4,732.7
6.1%
4,791.1
1.2%
4,903.2
2.3%
5,533.8
12.9%
5,641.9
2.0%
5,488.9
(2.7%)
Cost of Goods Sold (COGS)2,636.02,927.13,087.83,350.13,606.93,024.33,237.33,999.75,103.85,103.35,062.94,444.94,246.73,044.43,230.63,226.33,293.93,852.93,869.03,847.6
% margin
1,162.1
30.6%
1,158.0
28.3%
1,240.1
28.7%
1,301.1
28.0%
1,236.6
25.5%
1,218.5
28.7%
1,252.8
27.9%
1,641.2
29.1%
2,544.3
33.3%
2,587.5
33.6%
2,687.6
34.7%
2,586.6
36.8%
2,531.6
37.3%
1,417.2
31.8%
1,502.1
31.7%
1,564.8
32.7%
1,609.3
32.8%
1,680.9
30.4%
1,772.9
31.4%
1,641.3
29.9%
Operating Expenses626.1645.9701.1743.4755.0719.2710.21,076.21,919.31,910.51,964.21,744.91,699.5809.1798.0944.4810.2811.2822.3886.7
Research & Development Expenses (R&D)0.00.00.00.00.00.00.00.0135.0133.0134.6129.388.091.880.877.395.999.8102.596.9
Selling, General & Administrative Expenses (SG&A)626.1645.9701.1750.2755.0719.2710.21,034.91,785.31,787.31,845.31,656.21,604.6796.0782.3915.5772.7772.4786.2759.1
503.0
13.2%
510.4
12.5%
526.1
12.2%
549.3
11.8%
396.5
8.2%
492.3
11.6%
535.0
11.9%
447.4
7.9%
(881.2)
(11.5%)
602.1
7.8%
653.6
8.4%
763.4
10.9%
819.1
12.1%
596.0
13.4%
656.3
13.9%
578.5
12.1%
788.1
16.1%
900.9
16.3%
944.8
16.7%
754.6
13.7%
Interest Income0.00.00.00.00.00.08.19.012.011.015.513.513.017.615.111.910.26.97.214.5
Interest Expense0.00.00.00.0128.1154.9161.6217.1384.7361.0287.7227.7213.1201.8177.9184.1174.4167.8162.3283.2
Pre-tax Income322.9376.6400.1456.0222.3329.9343.4216.1(1,336.1)177.7267.2425.9565.9393.3457.8370.3626.2716.2729.3429.7
% effective tax rate
107.3
33.2%
120.8
32.1%
126.0
31.5%
103.0
22.6%
42.4
19.1%
85.6
25.9%
87.5
25.5%
67.0
31.0%
(58.0)
4.3%
84.0
47.3%
9.1
3.4%
90.5
21.2%
79.5
14.0%
330.5
84.0%
307.5
67.2%
76.6
20.7%
142.1
22.7%
225.0
31.4%
238.0
32.6%
90.4
21.0%
% margin
215.6
5.7%
255.8
6.3%
274.1
6.3%
353.0
7.6%
179.9
3.7%
244.3
5.8%
255.9
5.7%
149.1
2.6%
(1,078.3)
(14.1%)
124.2
1.6%
258.1
3.3%
335.4
4.8%
486.4
7.2%
814.9
18.3%
193.1
4.1%
263.0
5.5%
502.9
10.3%
506.8
9.2%
491.6
8.7%
341.6
6.2%
EPS1.281.551.702.211.131.541.610.89(5.59)0.651.221.632.494.331.211.903.123.263.372.37
Diluted EPS1.131.351.471.890.991.351.440.80(5.59)0.581.201.622.464.291.211.893.103.223.332.36
% margin
718.7
18.9%
675.7
16.5%
709.8
16.4%
726.5
15.6%
519.8
10.7%
639.0
15.1%
661.9
14.7%
588.7
10.4%
(1,195.1)
(15.6%)
988.4
12.9%
1,000.0
12.9%
866.9
12.3%
691.3
10.2%
718.7
16.1%
787.5
16.6%
723.0
15.1%
991.3
20.2%
1,060.5
19.2%
1,147.0
20.3%
946.3
17.2%