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.
Income Statement
| Line item | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $1.33B | $1.34B | $1.25B | - | $1.38B | $1.43B | $1.43B | - | $1.61B |
| Cost of Revenue | - | $1.08B | $1.11B | $1.03B | - | $1.10B | $1.34B | $1.32B | - | $1.38B |
| Gross Profit | - | $255.00M | $223.00M | $221.00M | - | $281.00M | $84.00M | $115.00M | - | $232.00M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | $115.00M | $122.00M | $133.00M | - | $137.00M | $136.00M | $130.00M | - | $145.00M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | $70.00M | $75.00M | $75.00M | - | $81.00M | $82.00M | $84.00M | - | $85.00M |
| Operating Income | - | ($196.00M) | $97.00M | $74.00M | - | $113.00M | ($80.00M) | ($88.00M) | - | $269.00M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | ($38.00M) | $11.00M | $5.00M | - | $22.00M | ($8.00M) | ($19.00M) | - | $79.00M |
| Net Income | - | ($213.00M) | $19.00M | $9.00M | - | $29.00M | ($139.00M) | ($134.00M) | - | $176.00M |
| EPS - Basic | - | ($1.18) | $0.11 | $0.04 | - | $0.16 | ($0.78) | ($0.76) | - | $0.99 |
| EPS - Diluted | - | ($1.18) | $0.10 | $0.04 | - | $0.16 | ($0.78) | ($0.76) | - | $0.98 |
Balance Sheet
| Line item | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $146.00M | $168.00M | $95.00M | $71.00M | $164.00M | $233.00M | $302.00M | $427.00M | $531.00M | $559.00M |
| Accounts Receivable | $406.00M | $463.00M | $486.00M | $475.00M | $426.00M | $470.00M | $468.00M | $484.00M | $448.00M | $523.00M |
| Inventory | $762.00M | $760.00M | $881.00M | $911.00M | $852.00M | $846.00M | $927.00M | $983.00M | $1.06B | $1.12B |
| Accounts Payable | $339.00M | $382.00M | $367.00M | $334.00M | $300.00M | $329.00M | $352.00M | $379.00M | $388.00M | $411.00M |
| Current Assets | $1.48B | $1.64B | $1.61B | $1.60B | $1.59B | $1.70B | $1.85B | $2.07B | $2.22B | $2.37B |
| Total Assets | $5.88B | $6.05B | $6.36B | $6.39B | $6.39B | $6.45B | $6.63B | $7.04B | $7.31B | $7.42B |
| Current Liabilities | $960.00M | $854.00M | $793.00M | $792.00M | $796.00M | $872.00M | $845.00M | $916.00M | $914.00M | $982.00M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $4.77B | $4.96B | $5.03B | $5.04B | $5.05B | $5.14B | $5.34B | $5.63B | $5.75B | $5.96B |
| Stockholders' Equity | $1.10B | $1.08B | $1.33B | $1.34B | $1.34B | $1.30B | $1.28B | $1.41B | $1.55B | $1.46B |
| Retained Earnings | $496.00M | $466.00M | $697.00M | $697.00M | $706.00M | $704.00M | $693.00M | $851.00M | $1.00B | $996.00M |
Cash Flow
| Line item | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | ($33.00M) | - | - | - | $88.00M | - | - |
| Investing Cash Flow | - | - | - | ($58.00M) | - | - | - | ($60.00M) | - | - |
| Financing Cash Flow | - | - | - | ($26.00M) | - | - | - | ($135.00M) | - | - |
| CapEx | - | - | - | $41.00M | - | - | - | $63.00M | - | - |
| Free Cash Flow | - | - | - | ($74.00M) | - | - | - | $25.00M | - | - |
Ratios
| Metric | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | 19.1% | 16.7% | 17.7% | - | 20.4% | 5.9% | 8.0% | - | 14.4% |
| Operating margin | - | -14.7% | 7.2% | 5.9% | - | 8.2% | -5.6% | -6.1% | - | 16.7% |
| EBITDA margin | - | -9.5% | 12.9% | 11.9% | - | 14.1% | 0.1% | -0.3% | - | 22.0% |
| Net margin | - | -16.0% | 1.4% | 0.7% | - | 2.1% | -9.7% | -9.4% | - | 10.9% |
| Free cash flow margin | - | - | - | -5.9% | - | - | - | 1.7% | - | - |
| FCF / Net income | - | - | - | -8.22 | - | - | - | -0.19 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | 8.6% | 9.1% | 10.6% | - | 9.9% | 9.5% | 9.1% | - | 9.0% |
| Effective tax rate | - | - | 36.7% | 35.7% | - | 43.1% | - | - | - | 31.0% |
| Return on assets | - | -3.5% | 0.3% | 0.1% | - | 0.4% | -2.1% | -1.9% | - | 2.4% |
| Return on equity | - | -19.6% | 1.4% | 0.7% | - | 2.2% | -10.8% | -9.5% | - | 12.0% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.54 | 1.93 | 2.04 | 2.02 | 2.00 | 1.95 | 2.19 | 2.26 | 2.43 | 2.41 |
| Quick ratio | 0.74 | 1.04 | 0.93 | 0.87 | 0.93 | 0.98 | 1.09 | 1.19 | 1.27 | 1.27 |
| Cash ratio | 0.15 | 0.20 | 0.12 | 0.09 | 0.21 | 0.27 | 0.36 | 0.47 | 0.58 | 0.57 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 5.32 | 5.58 | 4.78 | 4.75 | 4.75 | 4.96 | 5.17 | 5.00 | 4.72 | 5.08 |
| Liabilities / Assets | 0.81 | 0.82 | 0.79 | 0.79 | 0.79 | 0.80 | 0.81 | 0.80 | 0.79 | 0.80 |
| Efficiency | ||||||||||
| Asset turnover | - | 0.22 | 0.21 | 0.20 | - | 0.21 | 0.22 | 0.20 | - | 0.22 |
| Inventory turnover | - | 1.42 | 1.27 | 1.13 | - | 1.30 | 1.45 | 1.34 | - | 1.23 |
| Days sales outstanding | - | 127d | 133d | 138d | - | 124d | 120d | 123d | - | 119d |
| Days inventory outstanding | - | 257d | 288d | 323d | - | 281d | 252d | 273d | - | 298d |
| Days payable outstanding | - | 129d | 120d | 118d | - | 109d | 96d | 105d | - | 109d |
| Cash conversion cycle | - | 255d | 301d | 343d | - | 296d | 276d | 291d | - | 307d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | -3.3% | -6.2% | -12.5% | - | -14.3% | -13.0% | -4.3% | - | 15.4% |
| Revenue CAGR (3y) | - | -1.5% | -0.3% | 1.1% | - | 4.9% | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | -9.3% | 165.5% | 92.2% | - | 21.1% | -72.7% | -50.4% | - | 125.2% |
| Operating income growth (YoY) | - | - | - | - | - | -58.0% | - | - | - | 4383.3% |
| Net income growth (YoY) | - | - | - | - | - | -83.5% | - | - | - | 8700.0% |
| EPS growth (YoY) | - | - | - | - | - | -83.7% | - | - | - | - |
| EPS CAGR (3y) | - | - | - | -65.9% | - | -26.9% | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | -64.3% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -17.8% | -16.5% | 3.9% | -4.4% | -13.1% | -11.1% | 1.4% | 15.9% | 20.6% | 20.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Business segments
$2.57B totalReportable Segments$2.57B · 100.0%
Product / service
$4.79B totalDrinkware$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 totalUS$4.66B · 90.6%
Rest Of North America$485.00M · 9.4%
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.