SEE Q4 2023 Earnings — Sealed Air Corporation Revenue & Financial Results | Market Cap Arena

SEESealed Air Corporation

$6B

Q4 2023 Earnings

Consumer Cyclical Packaging & Containers

Income Statement

Revenue

$1.4B-2.0% YoY

Gross Profit

$405M29.4% margin

Operating Income

$211M15.3% margin

Net Income

$124M9.0% margin

EPS (Diluted)

$0.86

QoQ Revenue Growth

-0.3%

Cash Flow

Operating Cash Flow

$324M

Free Cash Flow

$265M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$6.7B

Stockholders' Equity

$550M

Cash & Equivalents

$346M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.4B	-2.0%
Gross Profit	$405M	$424M	-4.5%
Operating Income	$211M	$228M	-7.4%
Net Income	$124M	$94M	+31.5%

Revenue Segments

Food Care

$893M65%

Protective

$485M35%

Geographic Segments

EMEA

$288M58%

Asia Pacific

$212M42%