SEE - Sealed Air Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$45.00
DETAILS
HIGH:
$48.00
LOW:
$42.00
MEDIAN:
$45.00
CONSENSUS:
$45.00
UPSIDE:
7.76%
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 5,392.6 | 5,488.9 | 5,641.9 | 5,533.8 | 4,903.2 | 4,791.1 | 4,732.7 | 4,461.6 | 6,778.3 | 7,031.5 |
| Cost of Revenue | 3,767.5 | 3,847.6 | 3,869.0 | 3,852.9 | 3,293.9 | 3,226.3 | 3,230.6 | 3,044.4 | 4,246.7 | 4,444.9 |
| Gross Profit | 1,625.1 | 1,641.3 | 1,772.9 | 1,680.9 | 1,609.3 | 1,564.8 | 1,502.1 | 1,417.2 | 2,531.6 | 2,586.6 |
| Operating Expenses | ||||||||||
| R&D Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 80.8 | 91.8 | 88.0 | 129.3 |
| SG&A Expenses | 752.6 | 759.1 | 786.2 | 772.4 | 773.7 | 913.3 | 782.3 | 796.0 | 1,604.6 | 1,656.2 |
| Other Expenses | 136.6 | 127.6 | 41.9 | 7.6 | 47.5 | 73.0 | (18.1) | (18.5) | 0.0 | 19.9 |
| Operating Expenses | 889.2 | 886.7 | 828.1 | 780.0 | 821.2 | 986.3 | 798.0 | 809.1 | 1,699.5 | 1,744.9 |
| Operating Income | ||||||||||
| Operating Income | 735.9 | 754.6 | 944.8 | 900.9 | 788.1 | 578.5 | 656.3 | 596.0 | 819.1 | 763.4 |
| Interest Expense | 288.0 | 277.5 | 169.5 | 174.7 | 191.0 | 201.8 | 198.1 | 205.3 | 199.9 | 227.7 |
| Interest Income | 40.4 | 14.5 | 7.2 | 6.9 | 10.2 | 11.9 | 15.1 | 17.6 | 7.5 | 13.5 |
| Profitability | ||||||||||
| EBITDA | 987.3 | 940.6 | 1,083.4 | 1,077.3 | 974.8 | 705.2 | 787.5 | 718.7 | 691.3 | 866.9 |
| EBIT | 746.4 | 707.2 | 898.8 | 890.9 | 800.6 | 554.4 | 655.9 | 598.6 | 587.8 | 502.4 |
| Income Before Tax | 458.4 | 429.7 | 729.3 | 716.2 | 626.2 | 370.3 | 457.8 | 393.3 | 565.9 | 425.9 |
| Income Tax Expense | 188.9 | 90.4 | 238.0 | 225.0 | 142.1 | 76.6 | 307.5 | 330.5 | 79.5 | 90.5 |
| Net Income | 264.7 | 341.6 | 491.6 | 506.8 | 502.9 | 263.0 | 193.1 | 814.9 | 486.4 | 335.4 |
| Per Share Data | ||||||||||
| EPS (Basic) | 1.82 | 2.37 | 3.37 | 3.36 | 3.24 | 1.70 | 1.21 | 4.33 | 2.49 | 1.63 |
| EPS (Diluted) | 1.81 | 2.36 | 3.33 | 3.32 | 3.22 | 1.69 | 1.21 | 4.29 | 2.46 | 1.62 |
| Shares Outstanding | 145.5 | 144.4 | 145.9 | 150.9 | 155.2 | 154.3 | 159.4 | 186.9 | 194.3 | 203.9 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 371.8 | 346.1 | 456.1 | 561.0 | 548.7 | 262.4 | 271.7 | 594.0 | 363.7 | 358.4 |
| Short-Term Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.0 |
| Net Receivables | 567.9 | 581.7 | 724.2 | 732.8 | 681.7 | 669.6 | 613.1 | 727.7 | 544.7 | 889.9 |
| Inventory | 722.2 | 774.3 | 866.3 | 725.7 | 596.7 | 570.3 | 544.9 | 506.8 | 659.9 | 660.8 |
| Other Current Assets | 193.8 | 188.4 | 57.5 | 0.0 | 0.3 | 2.8 | 0.6 | 4.0 | 825.7 | 233.6 |
| Total Current Assets | 1,891.8 | 1,963.3 | 2,116.8 | 2,069.6 | 1,881.5 | 1,564.0 | 1,554.8 | 1,866.4 | 2,215.3 | 2,215.6 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 1,495.9 | 1,502.9 | 1,346.1 | 1,295.8 | 1,265.8 | 1,232.0 | 1,036.2 | 998.4 | 1,060.3 | 930.7 |
| Goodwill | 2,878.5 | 2,892.5 | 2,174.5 | 2,189.4 | 2,222.6 | 2,216.9 | 1,947.6 | 1,939.8 | 2,855.6 | 2,909.5 |
| Intangible Assets | 381.6 | 439.0 | 138.4 | 152.6 | 171.0 | 182.1 | 101.7 | 83.6 | 710.1 | 784.3 |
| Long-Term Investments | 0.0 | 0.0 | 0.0 | 0.0 | 25.4 | 0.0 | 0.0 | 0.0 | (210.5) | (204.7) |
| Other Non-Current Assets | 262.3 | 272.1 | 297.4 | 383.5 | 330.4 | 331.6 | 239.4 | 215.9 | 547.8 | 585.9 |
| Total Non-Current Assets | 5,130.3 | 5,237.3 | 4,097.9 | 4,159.7 | 4,202.3 | 4,201.2 | 3,495.4 | 3,413.9 | 5,173.8 | 5,210.4 |
| Total Assets | 7,022.1 | 7,200.6 | 6,214.7 | 6,229.3 | 6,083.8 | 5,765.2 | 5,050.2 | 5,280.3 | 7,389.1 | 7,426.0 |
| Current Liabilities | ||||||||||
| Account Payables | 771.0 | 764.6 | 865.6 | 959.9 | 754.2 | 738.5 | 765.0 | 723.8 | 539.2 | 669.0 |
| Short-Term Debt | 198.5 | 169.7 | 440.6 | 478.3 | 19.0 | 105.2 | 237.7 | 27.5 | 380.0 | 294.8 |
| Deferred Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 57.0 | 62.7 | 0.0 | 0.0 |
| Other Current Liabilities | 0.0 | 0.0 | 0.0 | 0.0 | 4.9 | 5.5 | 315.6 | 428.5 | 1,047.2 | 548.3 |
| Total Current Liabilities | 1,635.5 | 1,509.0 | 2,081.8 | 2,007.3 | 1,367.4 | 1,436.2 | 1,488.6 | 1,378.2 | 2,118.9 | 1,807.1 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 4,198.8 | 4,513.9 | 3,237.9 | 3,200.4 | 3,707.5 | 3,669.9 | 3,236.5 | 3,230.5 | 3,762.6 | 4,266.8 |
| Deferred Tax Liabilities | 26.1 | 35.8 | 33.4 | 46.7 | 31.0 | 30.7 | 20.4 | 28.5 | 51.0 | 75.0 |
| Other Non-Current Liabilities | 462.4 | 525.7 | 467.9 | 662.5 | 728.3 | 730.2 | 653.3 | 490.8 | 924.2 | 729.0 |
| Total Non-Current Liabilities | 4,762.1 | 5,142.1 | 3,788.8 | 3,973.3 | 4,543.9 | 4,525.2 | 3,910.2 | 3,749.8 | 4,660.5 | 5,091.8 |
| Total Liabilities | 6,397.6 | 6,651.1 | 5,870.6 | 5,980.6 | 5,911.3 | 5,961.4 | 5,398.8 | 5,128.0 | 6,779.4 | 6,898.9 |
| Stockholders' Equity | ||||||||||
| Common Stock | 15.5 | 15.4 | 23.3 | 23.2 | 23.2 | 23.2 | 23.2 | 23.0 | 22.8 | 22.6 |
| Retained Earnings | 643.4 | 496.5 | 3,163.4 | 2,790.7 | 2,400.7 | 1,998.5 | 1,835.0 | 1,735.2 | 1,040.0 | 675.2 |
| Accumulated Other Comprehensive Income | (1,075.9) | (955.5) | (978.8) | (933.9) | (963.5) | (909.0) | (919.9) | (844.9) | (949.1) | (820.0) |
| Total Stockholders' Equity | 624.5 | 549.5 | 344.1 | 248.7 | 172.5 | (196.2) | (348.6) | 152.3 | 609.7 | 527.1 |
| Total Liabilities & Equity | 7,022.1 | 7,200.6 | 6,214.7 | 6,229.3 | 6,083.8 | 5,765.2 | 5,050.2 | 5,280.3 | 7,389.1 | 7,426.0 |
| Debt Metrics | ||||||||||
| Total Debt | 4,508.4 | 4,786.2 | 3,752.1 | 3,773.8 | 3,838.4 | 3,906.1 | 3,474.2 | 3,258.0 | 4,359.0 | 4,591.2 |
| Net Debt | 4,136.6 | 4,440.1 | 3,296.0 | 3,212.8 | 3,289.7 | 3,643.7 | 3,202.5 | 2,664.0 | 3,995.3 | 4,232.8 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 264.7 | 341.6 | 491.6 | 506.8 | 502.9 | 263.0 | 193.1 | 814.9 | 486.4 | 335.4 |
| Depreciation & Amortization | 240.9 | 233.4 | 184.6 | 186.4 | 174.2 | 150.8 | 131.2 | 149.3 | 214.0 | 213.3 |
| Stock-Based Compensation | 31.6 | 33.0 | 50.5 | 43.5 | 41.7 | 32.9 | 29.2 | 44.9 | 59.9 | 61.2 |
| Change in Working Capital | 113.5 | (201.7) | (184.1) | (68.4) | (72.8) | 27.3 | 62.2 | (171.3) | 129.1 | 278.0 |
| Other Non-Cash Items | 93.7 | 137.7 | 100.4 | 4.1 | 9.3 | 92.1 | 1.4 | (560.9) | 79.2 | 126.1 |
| Operating Cash Flow | 728.0 | 516.2 | 613.3 | 709.7 | 737.0 | 511.1 | 428.0 | 397.9 | 906.9 | 967.7 |
| Investing Activities | ||||||||||
| Capital Expenditure | (220.2) | (244.2) | (237.3) | (213.1) | (181.1) | (189.7) | (168.6) | (183.8) | (275.7) | (184.0) |
| Acquisitions | 0.0 | (1,150.5) | (0.2) | 89.3 | 5.4 | (455.2) | (84.4) | 2,007.8 | 2.0 | 67.1 |
| Purchases of Investments | 0.0 | 0.0 | 0.0 | (18.0) | 181.1 | (20.7) | (11.1) | (70.5) | (46.0) | 184.0 |
| Sales/Maturities of Investments | 0.0 | 0.0 | 5.1 | 8.4 | 15.4 | 189.7 | 168.6 | 183.8 | 275.7 | 24.0 |
| Other Investing Activities | (12.3) | 16.5 | (10.6) | 7.7 | (180.6) | (189.7) | (171.2) | (182.1) | (270.8) | (151.1) |
| Investing Cash Flow | (232.5) | (1,378.2) | (243.0) | (125.7) | (159.8) | (665.6) | (266.7) | 1,755.2 | (314.8) | (60.0) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (297.3) | 997.6 | (6.2) | (25.3) | (116.2) | 333.1 | 222.4 | (369.5) | (181.3) | 182.6 |
| Stock Repurchased | (9.9) | (79.9) | (280.2) | (403.1) | (33.0) | (67.3) | (582.6) | (1,302.1) | (247.7) | (811.3) |
| Dividends Paid | (118.0) | (117.9) | (118.5) | (115.6) | (100.4) | (99.1) | (104.1) | (119.7) | (121.6) | (106.8) |
| Other Financing Activities | (7.6) | (44.1) | (41.8) | (31.8) | (12.1) | (26.8) | (14.0) | (73.0) | 6.1 | (53.2) |
| Financing Cash Flow | (432.8) | 755.7 | (446.7) | (575.8) | (261.7) | 139.9 | (478.3) | (1,864.3) | (540.9) | (775.3) |
| Cash Position | ||||||||||
| Net Change in Cash | 25.7 | (110.0) | (104.9) | 12.3 | 286.3 | (9.3) | (322.3) | 260.3 | 12.0 | 72.0 |
| Cash at Beginning | 346.1 | 456.1 | 561.0 | 548.7 | 262.4 | 271.7 | 594.0 | 333.7 | 351.7 | 286.4 |
| Cash at End | 371.8 | 346.1 | 456.1 | 561.0 | 548.7 | 262.4 | 271.7 | 594.0 | 363.7 | 358.4 |
| Free Cash Flow | 507.8 | 272.0 | 376.0 | 496.6 | 555.9 | 321.4 | 259.4 | 214.1 | 631.2 | 783.7 |
| Key Metrics | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 5,392.6 | 5,488.9 | 5,641.9 | 5,533.8 | 4,903.2 | 4,791.1 | 4,732.7 | 4,461.6 | 6,778.3 | 7,031.5 |
| Gross Profit | 1,625.1 | 1,641.3 | 1,772.9 | 1,680.9 | 1,609.3 | 1,564.8 | 1,502.1 | 1,417.2 | 2,531.6 | 2,586.6 |
| Operating Income | 735.9 | 754.6 | 944.8 | 900.9 | 788.1 | 578.5 | 656.3 | 596.0 | 819.1 | 763.4 |
| Net Income | 264.7 | 341.6 | 491.6 | 506.8 | 502.9 | 263.0 | 193.1 | 814.9 | 486.4 | 335.4 |
| EPS (Diluted) | 1.81 | 2.36 | 3.33 | 3.32 | 3.22 | 1.69 | 1.21 | 4.29 | 2.46 | 1.62 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 371.8 | 346.1 | 456.1 | 561.0 | 548.7 | 262.4 | 271.7 | 594.0 | 363.7 | 358.4 |
| Total Assets | 7,022.1 | 7,200.6 | 6,214.7 | 6,229.3 | 6,083.8 | 5,765.2 | 5,050.2 | 5,280.3 | 7,389.1 | 7,426.0 |
| Total Debt | 4,508.4 | 4,786.2 | 3,752.1 | 3,773.8 | 3,838.4 | 3,906.1 | 3,474.2 | 3,258.0 | 4,359.0 | 4,591.2 |
| Stockholders' Equity | 624.5 | 549.5 | 344.1 | 248.7 | 172.5 | (196.2) | (348.6) | 152.3 | 609.7 | 527.1 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 728.0 | 516.2 | 613.3 | 709.7 | 737.0 | 511.1 | 428.0 | 397.9 | 906.9 | 967.7 |
| Capital Expenditure | (220.2) | (244.2) | (237.3) | (213.1) | (181.1) | (189.7) | (168.6) | (183.8) | (275.7) | (184.0) |
| Free Cash Flow | 507.8 | 272.0 | 376.0 | 496.6 | 555.9 | 321.4 | 259.4 | 214.1 | 631.2 | 783.7 |