SEE Q1 2024 Earnings — Sealed Air Corporation Revenue & Financial Results | Market Cap Arena

SEESealed Air Corporation

$6B

Q1 2024 Earnings

Consumer Cyclical Packaging & Containers

Income Statement

Revenue

$1.3B-1.4% YoY

Gross Profit

$401M30.1% margin

Operating Income

$185M13.9% margin

Net Income

$82M6.2% margin

EPS (Diluted)

$0.56

QoQ Revenue Growth

-3.5%

Cash Flow

Operating Cash Flow

$125M

Free Cash Flow

$78M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$6.6B

Stockholders' Equity

$598M

Cash & Equivalents

$353M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.3B	-1.4%
Gross Profit	$401M	$405M	-1.1%
Operating Income	$185M	$170M	+9.1%
Net Income	$82M	$62M	+32.5%

Revenue Segments

Food Care

$868M65%

Protective

$461M35%

Geographic Segments

Americas

$875M66%

EMEA

$272M21%

Asia Pacific

$174M13%