Pactiv Evergreen Inc. (PTVE) Income Statement Analysis

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Complete financial analysis of Pactiv Evergreen Inc. (PTVE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Pactiv Evergreen Inc., a leading company in the Packaging & Containers industry within the Consumer Cyclical sector.

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Pactiv Evergreen Inc. (PTVE)

Industry: Packaging & Containers

Sector: Consumer Cyclical

Website: https://www.pactivevergreen.com

About Pactiv Evergreen Inc.

Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in North America. It operates through three segments: Foodservice, Food Merchandising, and Beverage Merchandising. The Foodservice segment offers food containers, hot and cold cups, lids, dinnerware, tableware, service ware, and other products. The Food Merchandising segment provides clear rigid-display containers, containers for prepared and ready-to-eat food, trays for meat and poultry, and molded fiber cartons. The Beverage Merchandising segment offers cartons for fresh refrigerated beverage products. This segment also provides integrated fresh carton systems, which include printed cartons with high-impact graphics, spouts, and filling machines, as well as fiber-based liquid packaging board and range of paper-based products. The company serves full-service restaurants, quick service restaurants, foodservice distributors, supermarkets, grocery and healthy eating retailers, other food stores, food and beverage producers, and food packers and food processors. The company was formerly known as Reynolds Group Holdings Limited. Pactiv Evergreen Inc. was founded in 1880 and is headquartered in Lake Forest, Illinois. Pactiv Evergreen Inc. is a subsidiary of Packaging Finance Limited.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	5.51B	6.22B	5.44B	4.69B	9.72B	10.66B	10.52B	10.65B	11.18B	11.67B	11.75B	11.76B
Cost of Revenue	4.78B	5.22B	4.86B	3.97B	7.74B	8.57B	8.20B	8.26B	8.98B	9.65B	9.67B	9.66B
Gross Profit	733.00M	997.00M	574.00M	720.00M	1.98B	2.09B	2.32B	2.39B	2.20B	2.02B	2.08B	2.10B
Gross Profit Ratio	13.30%	16.03%	10.56%	15.36%	20.39%	19.64%	22.06%	22.42%	19.68%	17.28%	17.71%	17.84%
Research & Development	0.00	33.00M	22.00M	20.00M	22.00M	48.00M	41.00M	37.00M	36.00M	0.00	0.00	0.00
General & Administrative	0.00	583.00M	466.00M	470.00M	778.00M	697.00M	745.00M	855.00M	747.00M	759.00M	778.00M	773.00M
Selling & Marketing	0.00	0.00	0.00	0.00	250.00M	264.00M	277.00M	315.00M	262.00M	255.00M	266.00M	267.00M
SG&A	536.00M	583.00M	466.00M	470.00M	1.03B	961.00M	1.02B	1.17B	1.01B	1.01B	1.04B	1.04B
Other Expenses	169.00M	330.00M	-20.00M	33.00M	27.00M	5.00M	11.00M	9.00M	2.00M	15.00M	-2.00M	0.00
Operating Expenses	705.00M	583.00M	446.00M	503.00M	1.06B	989.00M	1.05B	1.21B	1.07B	1.05B	1.07B	1.08B
Cost & Expenses	5.48B	5.81B	5.31B	4.47B	8.79B	9.56B	9.26B	9.47B	10.05B	10.70B	10.75B	10.74B
Interest Income	12.00M	6.00M	2.00M	15.00M	29.00M	22.00M	20.00M	22.00M	22.00M	25.00M	22.00M	0.00
Interest Expense	266.00M	218.00M	191.00M	371.00M	631.00M	600.00M	617.00M	844.00M	994.00M	1.26B	1.31B	0.00
Depreciation & Amortization	600.00M	421.00M	344.00M	289.00M	273.00M	615.00M	674.00M	707.00M	714.00M	910.00M	1.02B	919.00M
EBITDA	641.00M	1.11B	619.00M	576.00M	496.00M	1.21B	1.84B	1.92B	1.89B	1.62B	2.39B	1.99B
EBITDA Ratio	11.63%	11.96%	10.54%	15.99%	17.40%	16.60%	18.55%	17.71%	16.43%	16.11%	17.09%	16.92%
Operating Income	28.00M	405.00M	229.00M	283.00M	823.00M	854.00M	1.22B	1.15B	1.25B	974.00M	946.00M	1.07B
Operating Income Ratio	0.51%	6.51%	4.21%	6.04%	8.47%	8.01%	11.61%	10.76%	11.15%	8.35%	8.05%	9.10%
Total Other Income/Expenses	-253.00M	-169.00M	-90.00M	-405.00M	-446.00M	-373.00M	-655.00M	-873.00M	-1.54B	-1.45B	-1.22B	-1.16B
Income Before Tax	-225.00M	468.00M	29.00M	-122.00M	317.00M	35.00M	521.00M	272.00M	-294.00M	-475.00M	-270.00M	-424.00M
Income Before Tax Ratio	-4.08%	7.52%	0.53%	-2.60%	3.26%	0.33%	4.95%	2.55%	-2.63%	-4.07%	-2.30%	-3.61%
Income Tax Expense	-3.00M	149.00M	-4.00M	-112.00M	134.00M	40.00M	81.00M	105.00M	60.00M	-70.00M	4.00M	125.00M
Net Income	-223.00M	318.00M	33.00M	-10.00M	183.00M	-7.00M	437.00M	159.00M	2.32B	-302.00M	-70.00M	-300.00M
Net Income Ratio	-4.05%	5.11%	0.61%	-0.21%	1.88%	-0.07%	4.15%	1.49%	20.72%	-2.59%	-0.60%	-2.55%
EPS	-1.25	1.78	0.19	-0.07	4.46	-0.04	2.49	0.91	13.19	-1.72	-0.40	-2.70
EPS Diluted	-1.25	1.77	0.19	-0.07	4.46	-0.04	2.49	0.91	13.19	-1.72	-0.40	-2.70
Weighted Avg Shares Out	178.70M	177.80M	177.40M	146.20M	41.03M	175.53M	175.53M	175.53M	175.53M	175.53M	175.53M	111.00M
Weighted Avg Shares Out (Dil)	178.70M	178.40M	177.70M	146.20M	41.03M	175.57M	175.57M	175.57M	175.57M	175.57M	175.57M	111.00M

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