SEE Q2 2024 Earnings — Sealed Air Corporation Revenue & Financial Results | Market Cap Arena

SEESealed Air Corporation

$6B

Q2 2024 Earnings

Consumer Cyclical Packaging & Containers

Income Statement

Revenue

$1.3B-2.6% YoY

Gross Profit

$416M30.9% margin

Operating Income

$206M15.3% margin

Net Income

$98M7.3% margin

EPS (Diluted)

$0.67

QoQ Revenue Growth

+1.2%

Cash Flow

Operating Cash Flow

$188M

Free Cash Flow

$130M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$7.3B

Total Liabilities

$6.6B

Stockholders' Equity

$650M

Cash & Equivalents

$389M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.4B	-2.6%
Gross Profit	$416M	$418M	-0.5%
Operating Income	$206M	$216M	-4.9%
Net Income	$98M	$99M	-0.8%

Revenue Segments

Food Care

$894M66%

Protective

$451M34%

Geographic Segments

Americas

$883M66%

EMEA

$273M20%

Asia Pacific

$177M13%