Sealed Air Corporation (LON:0L4F)

Sealed Air Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,325	5,393	5,489	5,642	5,534	4,903
Revenue Growth (YoY)	-2.00%	-1.75%	-2.71%	1.95%	12.86%	2.34%
Cost of Revenue	3,719	3,768	3,848	3,869	3,853	3,294
Gross Profit	1,606	1,625	1,641	1,773	1,681	1,609
Selling, General & Admin	751.1	758.7	755.8	774.4	768	772.5
Operating Expenses	812.7	821.3	818.5	810.5	806.8	810
Operating Income	793.5	803.8	822.8	962.4	874.1	799.3
Interest Expense	-275.5	-288	-277.5	-169.5	-174.7	-184.6
Interest & Investment Income	43.8	40.4	14.5	7.2	6.9	10.2
Currency Exchange Gain (Loss)	-2.2	1.4	-15.3	-7.2	-0.7	1.7
Other Non Operating Income (Expenses)	-2.5	-	-1.6	-0.2	-2	-0.5
EBT Excluding Unusual Items	557.1	557.6	542.9	792.7	703.6	626.1
Merger & Restructuring Charges	-45.2	-57.8	-27.6	-19.1	-14.5	-11.3
Gain (Loss) on Sale of Investments	-8.5	-8.5	-	-30.6	-1.4	15.1
Gain (Loss) on Sale of Assets	-25.7	-16.2	-49.3	6.3	45.7	1
Legal Settlements	-	-	-	-	5	-
Other Unusual Items	-15.5	-16.7	-36.3	-20	-22.2	-4.7
Pretax Income	462.2	458.4	429.7	729.3	716.2	626.2
Income Tax Expense	162.8	188.9	90.4	238	225	142.1
Earnings From Continuing Operations	299.4	269.5	339.3	491.3	491.2	484.1
Earnings From Discontinued Operations	-8.4	-4.8	2.3	0.3	15.6	18.8
Net Income	291	264.7	341.6	491.6	506.8	502.9
Preferred Dividends & Other Adjustments	-	-	-	-	-	0.2
Net Income to Common	291	264.7	341.6	491.6	506.8	502.7
Net Income Growth	-19.37%	-22.51%	-30.51%	-3.00%	0.78%	91.22%
Shares Outstanding (Basic)	146	146	144	146	151	155
Shares Outstanding (Diluted)	147	146	145	147	152	156
Shares Change (YoY)	0.93%	0.76%	-1.70%	-3.28%	-2.31%	0.52%
EPS (Basic)	1.99	1.82	2.37	3.37	3.36	3.24
EPS (Diluted)	1.98	1.81	2.36	3.33	3.32	3.22
EPS Growth	-20.33%	-23.29%	-29.30%	0.29%	3.16%	90.32%
Free Cash Flow	381.5	507.8	272	376	496.6	555.9
Free Cash Flow Per Share	2.60	3.48	1.88	2.55	3.26	3.56
Dividend Per Share	0.800	0.800	0.800	0.800	0.760	0.640
Dividend Growth	-	-	-	5.26%	18.75%	-
Gross Margin	30.16%	30.14%	29.90%	31.42%	30.38%	32.82%
Operating Margin	14.90%	14.91%	14.99%	17.06%	15.80%	16.30%
Profit Margin	5.46%	4.91%	6.22%	8.71%	9.16%	10.25%
Free Cash Flow Margin	7.16%	9.42%	4.96%	6.66%	8.97%	11.34%
EBITDA	1,033	1,045	1,056	1,147	1,061	973.5
EBITDA Margin	19.40%	19.37%	19.24%	20.33%	19.16%	19.85%
D&A For EBITDA	239.4	240.9	233.4	184.6	186.4	174.2
EBIT	793.5	803.8	822.8	962.4	874.1	799.3
EBIT Margin	14.90%	14.91%	14.99%	17.06%	15.80%	16.30%
Effective Tax Rate	35.22%	41.21%	21.04%	32.63%	31.42%	22.69%

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.