PTVE · Pactiv Evergreen Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Annual Quarterly

Income Statement

Line item	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Revenue	$5.15B	$5.51B	$6.22B	$5.44B	$4.69B	$9.72B
Cost of Revenue	$4.18B	$4.78B	$5.22B	$4.86B	$3.97B	$7.74B
Gross Profit	$964.00M	$733.00M	$997.00M	$574.00M	$720.00M	$1.98B
R&D	-	-	-	-	-	$40.00M
SG&A	$500.00M	$536.00M	$583.00M	$466.00M	$470.00M	$778.00M
Total Operating Expenses	-	-	-	-	-	-
D&A	$289.00M	$327.00M	$339.00M	$344.00M	$289.00M	$698.00M
Operating Income	$110.00M	$28.00M	$637.00M	$119.00M	$183.00M	$823.00M
Interest Expense	-	-	-	-	-	$651.00M
Income Tax	$29.00M	($3.00M)	$149.00M	($4.00M)	($112.00M)	$134.00M
Net Income	($136.00M)	($223.00M)	$318.00M	$23.00M	($27.00M)	$106.00M
EPS - Basic	($0.77)	($1.26)	$1.78	$0.13	($0.18)	-
EPS - Diluted	($0.77)	($1.26)	$1.77	$0.13	($0.18)	-

Balance Sheet

Line item	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Cash & Equivalents	$146.00M	$164.00M	$531.00M	$197.00M	$458.00M	$1.29B
Accounts Receivable	$406.00M	$426.00M	$448.00M	$474.00M	$375.00M	$993.00M
Inventory	$762.00M	$852.00M	$1.06B	$854.00M	$784.00M	$1.31B
Accounts Payable	$339.00M	$300.00M	$388.00M	$364.00M	$313.00M	$975.00M
Current Assets	$1.48B	$1.59B	$2.22B	$1.86B	$1.87B	$3.71B
Total Assets	$5.88B	$6.39B	$7.31B	$7.02B	$6.84B	$16.26B
Current Liabilities	$960.00M	$796.00M	$914.00M	$819.00M	$739.00M	$4.91B
Long-term Debt	-	-	-	-	-	-
Total Liabilities	$4.77B	$5.05B	$5.75B	$5.73B	$5.77B	$14.28B
Stockholders' Equity	$1.10B	$1.34B	$1.55B	$1.28B	$1.07B	$1.98B
Retained Earnings	$496.00M	$706.00M	$1.00B	$758.00M	$806.00M	$1.55B

Cash Flow

Line item	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Operating Cash Flow	$395.00M	$534.00M	$414.00M	$261.00M	$253.00M	$957.00M
Investing Cash Flow	($156.00M)	($272.00M)	$102.00M	($658.00M)	($354.00M)	$13.00M
Financing Cash Flow	($275.00M)	($633.00M)	($193.00M)	$147.00M	($711.00M)	($462.00M)
CapEx	$232.00M	$285.00M	$258.00M	$282.00M	$410.00M	-
Free Cash Flow	$163.00M	$249.00M	$156.00M	($21.00M)	($157.00M)	-

Ratios

Metric	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Profitability
Gross margin	18.7%	13.3%	16.0%	10.6%	15.4%	20.4%
Operating margin	2.1%	0.5%	10.2%	2.2%	3.9%	8.5%
EBITDA margin	7.8%	6.4%	15.7%	8.5%	10.1%	15.7%
Net margin	-2.6%	-4.0%	5.1%	0.4%	-0.6%	1.1%
Free cash flow margin	3.2%	4.5%	2.5%	-0.4%	-3.3%	-
FCF / Net income	-1.20	-1.12	0.49	-0.91	5.81	-
R&D / Revenue	-	-	-	-	-	0.4%
SG&A / Revenue	9.7%	9.7%	9.4%	8.6%	10.0%	8.0%
Effective tax rate	-	-	31.9%	-21.1%	-	55.8%
Return on assets	-2.3%	-3.5%	4.4%	0.3%	-0.4%	0.7%
Return on equity	-12.3%	-16.6%	20.5%	1.8%	-2.5%	5.4%
Return on invested capital	-	-	-	-	-	-
Liquidity
Current ratio	1.54	2.00	2.43	2.27	2.53	0.76
Quick ratio	0.74	0.93	1.27	1.23	1.47	0.49
Cash ratio	0.15	0.21	0.58	0.24	0.62	0.26
Leverage
Debt / Equity	-	-	-	-	-	-
Debt / Assets	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	-	-	-	-	-	1.3x
Equity multiplier	5.32	4.75	4.72	5.47	6.39	8.22
Liabilities / Assets	0.81	0.79	0.79	0.82	0.84	0.88
Efficiency
Asset turnover	0.88	0.86	0.85	0.77	0.69	0.60
Inventory turnover	5.49	5.61	4.92	5.69	5.06	5.90
Days sales outstanding	29d	28d	26d	32d	29d	37d
Days inventory outstanding	66d	65d	74d	64d	72d	62d
Days payable outstanding	30d	23d	27d	27d	29d	46d
Cash conversion cycle	66d	70d	73d	69d	73d	53d
Valuation
P / E	-	-	-	-	-	-
P / B	-	-	-	-	-	-
P / S	-	-	-	-	-	-
EV / EBITDA	-	-	-	-	-	-
Growth
Revenue growth (YoY)	-6.6%	-11.4%	14.4%	16.0%	-51.7%	-8.9%
Revenue CAGR (3y)	-1.8%	5.5%	-13.8%	-20.1%	-23.9%	-
Revenue CAGR (5y)	-11.9%	-12.4%	-10.2%	-	-	-
Gross profit growth (YoY)	31.5%	-26.5%	73.7%	-20.3%	-63.7%	-5.4%
Operating income growth (YoY)	292.9%	-95.6%	435.3%	-35.0%	-77.8%	-3.6%
Net income growth (YoY)	39.0%	-	1282.6%	-	-	-
EPS growth (YoY)	38.9%	-	1261.5%	-	-	-
EPS CAGR (3y)	-	-	-	-	-	-
EPS CAGR (5y)	-	-	-	-	-	-
FCF growth (YoY)	-34.5%	59.6%	-	86.6%	-	-
FCF CAGR (5y)	-	-	-	-	-	-
Book value growth (YoY)	-17.8%	-13.1%	20.6%	19.9%	-45.8%	21.6%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2024-12-31.

Business segments

$2.57B total

Reportable Segments$2.57B · 100.0%

Product / service

$4.79B total

Drinkware$1.21B · 25.2%

Containers Foodservice$910.00M · 19.0%

Cartonsfor Fresh Beverage Products$695.00M · 14.5%

Bakery Snack Produce Fruit Containers$456.00M · 9.5%

Meat Trays$419.00M · 8.7%

Tableware$276.00M · 5.8%

Other$212.00M · 4.4%

Liquid Packaging Board$179.00M · 3.7%

Serviceware And Other$178.00M · 3.7%

Egg Cartons$141.00M · 2.9%

Prepared Food Trays$115.00M · 2.4%

Geographic

$5.15B total

US$4.66B · 90.6%

Rest Of North America$485.00M · 9.4%

Stability scores

Altman Z′

FY 2024 · bankruptcy risk

1.16

Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2024 · 9-point quality

6/9

Neutral

✗Net income positive
✓Operating cash flow positive
✓ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
✗Current ratio improved
✓No share dilution
✓Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Plastics, Foil & Coated Paper Bags

Company	Revenue (last FY)	Net margin	ROE
REYN	$3.72B	8.1%	13.4%

Comparing Pactiv Evergreen Inc. against the 1 most active filer in the same SIC group.