SEE Q3 2023 Earnings — Sealed Air Corporation Revenue & Financial Results | Market Cap Arena

SEESealed Air Corporation

$6B

Q3 2023 Earnings

Consumer Cyclical Packaging & Containers

Income Statement

Revenue

$1.4B-1.3% YoY

Gross Profit

$413M29.9% margin

Operating Income

$158M11.4% margin

Net Income

$57M4.1% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

+0.1%

Cash Flow

Operating Cash Flow

$199M

Free Cash Flow

$138M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$7.4B

Total Liabilities

$7.0B

Stockholders' Equity

$408M

Cash & Equivalents

$281M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.4B	-1.3%
Gross Profit	$413M	$434M	-4.7%
Operating Income	$158M	$228M	-30.9%
Net Income	$57M	$134M	-57.8%

Revenue Segments

Food Care

$893M65%

Protective

$488M35%

Geographic Segments

Americas

$899M66%

EMEA

$284M21%

Asia Pacific

$188M14%