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Pactiv Evergreen Earns FSC®-Recycled Certification for Molded Fiber Egg Packaging
Thu 16 Jan 25, 09:05 PMShould You Buy Pactiv Evergreen Inc. (PTVE) After Golden Cross?
Thu 12 Dec 24, 02:55 PMPactiv Evergreen price target raised to $18 from $12 at Baird
Wed 11 Dec 24, 12:11 PMApollo-Backed Novolex to Buy Pactiv Evergreen for $3.22 Billion
Mon 09 Dec 24, 05:02 PMApollo-owned Novolex to take packaging products maker Pactiv private in $6.7 billion deal
Mon 09 Dec 24, 02:05 PMJust Three Days Till Pactiv Evergreen Inc. (NASDAQ:PTVE) Will Be Trading Ex-Dividend
Thu 28 Nov 24, 10:24 AMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 468.00M | 29.00M | -122.00000M | 317.00M | 35.00M |
Minority interest | 2.00M | 2.00M | 3.00M | 3.00M | 9.00M |
Net income | 318.00M | 33.00M | -10.00000M | 183.00M | -7.00000M |
Selling general administrative | 583.00M | 466.00M | 470.00M | 778.00M | 697.00M |
Selling and marketing expenses | - | - | - | 250.00M | 264.00M |
Gross profit | 997.00M | 574.00M | 720.00M | 1981.00M | 2094.00M |
Reconciled depreciation | 339.00M | 344.00M | 467.00M | 736.00M | 655.00M |
Ebit | 405.00M | 229.00M | 283.00M | 823.00M | 1115.00M |
Ebitda | 744.00M | 573.00M | 750.00M | 1691.00M | 1770.00M |
Depreciation and amortization | 339.00M | 344.00M | 467.00M | 868.00M | 655.00M |
Non operating income net other | 49.00M | 101.00M | 66.00M | - | - |
Operating income | 405.00M | 229.00M | 283.00M | 823.00M | 854.00M |
Other operating expenses | 5806.00M | 5309.00M | 4472.00M | 8790.00M | 9555.00M |
Interest expense | 218.00M | 191.00M | 371.00M | 631.00M | 600.00M |
Tax provision | 149.00M | -4.00000M | -112.00000M | 134.00M | 40.00M |
Interest income | 6.00M | 2.00M | 15.00M | 29.00M | 22.00M |
Net interest income | -218.00000M | -191.00000M | -371.00000M | -617.00000M | -595.00000M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | 6.00M | - | - |
Other items | - | - | - | - | - |
Income tax expense | 149.00M | -4.00000M | -112.00000M | 134.00M | 40.00M |
Total revenue | 6220.00M | 5437.00M | 4689.00M | 9716.00M | 10660.00M |
Total operating expenses | 583.00M | 446.00M | 503.00M | 1055.00M | 989.00M |
Cost of revenue | 5223.00M | 4863.00M | 3969.00M | 7735.00M | 8566.00M |
Total other income expense net | 63.00M | -200.00000M | -405.00000M | -506.00000M | -475.00000M |
Discontinued operations | 1.00M | -8.00000M | -15.00000M | 330.00M | 217.00M |
Net income from continuing ops | 319.00M | 33.00M | -10.00000M | 183.00M | -5.00000M |
Net income applicable to common shares | 318.00M | 23.00M | -27.00000M | 91.00M | 279.00M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 6395.00M | 7306.00M | 7021.00M | 6843.00M | 16257.00M |
Intangible assets | 1004.00M | 1064.00M | 1127.00M | 1092.00M | 3696.00M |
Earning assets | - | - | - | - | - |
Other current assets | 112.00M | 126.00M | 127.00M | 175.00M | 93.00M |
Total liab | 5046.00M | 5753.00M | 5733.00M | 5769.00M | 14280.00M |
Total stockholder equity | 1345.00M | 1548.00M | 1284.00M | 1071.00M | 1974.00M |
Deferred long term liab | - | 319.00M | 246.00M | 193.00M | - |
Other current liab | 399.00M | 430.00M | 31.00M | 12.00M | 5.00M |
Common stock | - | - | 1284.00M | 1.07M | 1664.00M |
Capital stock | 0.00000M | 0.00000M | 0.00000M | 0.00000M | 1664.00M |
Retained earnings | 706.00M | 1003.00M | 758.00M | 806.00M | 1547.00M |
Other liab | - | 525.00M | 465.00M | 848.00M | 1996.00M |
Good will | 1815.00M | 1815.00M | 1812.00M | 1760.00M | 4865.00M |
Other assets | - | 173.00M | 156.00M | 1.00M | 7664.00M |
Cash | 164.00M | 531.00M | 197.00M | 458.00M | 1291.00M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 796.00M | 914.00M | 819.00M | 739.00M | 4907.00M |
Current deferred revenue | 11.00M | - | 333.00M | 342.00M | 259.00M |
Net debt | 3710.00M | 3879.00M | 4343.00M | 3796.00M | 9725.00M |
Short term debt | 86.00M | 96.00M | 91.00M | 72.00M | 3668.00M |
Short long term debt | 15.00M | 31.00M | 30.00M | 15.00M | 3587.00M |
Short long term debt total | 3874.00M | 4410.00M | 4540.00M | 4254.00M | 11016.00M |
Other stockholder equity | 676.00M | 647.00M | 625.00M | 614.00M | 0.00198M |
Property plant equipment | - | 1773.00M | 2064.00M | 1945.00M | 1894.00M |
Total current assets | 1589.00M | 2219.00M | 1862.00M | 1873.00M | 3715.00M |
Long term investments | - | - | - | - | 24.00M |
Net tangible assets | - | -1331.00000M | -1655.00000M | -1781.00000M | -834.00000M |
Short term investments | - | - | - | - | - |
Net receivables | 461.00M | 494.00M | 522.00M | 430.00M | 1002.00M |
Long term debt | 3571.00M | 4105.00M | 4220.00M | 3965.00M | 7053.00M |
Inventory | 852.00M | 1062.00M | 854.00M | 784.00M | 1312.00M |
Accounts payable | 300.00M | 388.00M | 364.00M | 313.00M | 975.00M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | 5.00M | 4.00M | 3.00M | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -37.00000M | -102.00000M | -99.00000M | -349.00000M | -1237.00000M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | 1.07M | 1664.00M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | 1003.00M | 758.00M | 806.00M | - |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 207.00M | -146.00000M | 149.00M | 166.00M | 653.00M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 4806.00M | 5087.00M | 5159.00M | 4970.00M | 12542.00M |
Capital lease obligations | 281.00M | 274.00M | 290.00M | 274.00M | 376.00M |
Long term debt total | - | 4105.00M | 4220.00M | 3965.00M | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | 102.00M | -658.00000M | -354.00000M | 13.00M | -440.00000M |
Change to liabilities | 114.00M | 50.00M | 32.00M | -118.00000M | 48.00M |
Total cashflows from investing activities | 102.00M | -658.00000M | -354.00000M | -4.00000M | -453.00000M |
Net borrowings | -112.00000M | 230.00M | -1083.00000M | -381.00000M | -352.00000M |
Total cash from financing activities | -193.00000M | 147.00M | -711.00000M | -462.00000M | -357.00000M |
Change to operating activities | 12.00M | -92.00000M | -297.00000M | -115.00000M | -167.00000M |
Net income | 320.00M | 25.00M | -25.00000M | 106.00M | -5.00000M |
Change in cash | 319.00M | -254.00000M | -826.00000M | 508.00M | 166.00M |
Begin period cash flow | 214.00M | 468.00M | 1294.00M | 783.00M | 617.00M |
End period cash flow | 533.00M | 214.00M | 468.00M | 1291.00M | 783.00M |
Total cash from operating activities | 414.00M | 261.00M | 253.00M | 957.00M | 950.00M |
Issuance of capital stock | 0.00000M | 0.00000M | 569.00M | - | - |
Depreciation | 339.00M | 344.00M | 467.00M | 736.00M | 655.00M |
Other cashflows from investing activities | 360.00M | 3.00M | 56.00M | 5.00M | 5.00M |
Dividends paid | 71.00M | 71.00M | 7292.00M | 71.00M | 71.00M |
Change to inventory | -246.00000M | -8.00000M | -64.00000M | 19.00M | -83.00000M |
Change to account receivables | 29.00M | -77.00000M | 33.00M | 13.00M | -3.00000M |
Sale purchase of stock | - | - | -34.00000M | - | - |
Other cashflows from financing activities | -10.00000M | 1499.00M | 14421.00M | -1.00000M | -5.00000M |
Change to netincome | -105.00000M | -20.00000M | 345.00M | 780.00M | 584.00M |
Capital expenditures | 258.00M | 282.00M | 410.00M | 624.00M | 585.00M |
Change receivables | 29.00M | -77.00000M | 33.00M | - | - |
Cash flows other operating | -37.00000M | -38.00000M | 68.00M | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | 323.00M | -250.00000M | -812.00000M | - | - |
Change in working capital | -109.00000M | -5.00000M | -133.00000M | -20.00000M | -47.00000M |
Stock based compensation | 24.00M | 11.00M | 13.00M | -515.00000M | -512.00000M |
Other non cash items | -241.00000M | -87.00000M | -87.00000M | 510.00M | 819.00M |
Free cash flow | 156.00M | -21.00000M | -157.00000M | 333.00M | 365.00M |
Sector: Consumer Cyclical Industry: Packaging & Containers
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
PTVE Pactiv Evergreen Inc |
- -% | 18.01 | - | 20.66 | 0.46 | 1.90 | 1.14 | 9.91 |
BALL Ball Corporation |
-1.51 2.99% | 48.99 | 24.03 | 16.31 | 1.25 | 2.55 | 1.55 | 11.30 |
AVY Avery Dennison Corp |
-5.145 2.92% | 171.19 | 24.21 | 19.46 | 1.86 | 6.85 | 2.23 | 14.41 |
AMCCF Amcor plc |
- -% | 9.91 | 20.36 | 14.71 | 1.15 | 3.98 | 1.63 | 11.71 |
PKG Packaging Corp of America |
-3.97 2.10% | 185.19 | 18.79 | 20.33 | 1.86 | 3.75 | 2.13 | 10.38 |
Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in the United States, rest of North America, and internationally. It operates in two segments, Foodservice, and Food and Beverage Merchandising. The Foodservice segment offers food containers; drinkware, such as hot and cold cups and lids; and tableware, service ware, and other products. The Food and Beverage Merchandising segment manufactures cartons for fresh refrigerated beverage products, including dairy, juice, and other specialty beverage; clear rigid-display containers, containers for prepared and ready-to-eat food, and trays for meat and poultry and egg cartons; fiber-based liquid packaging board; and supplies fresh carton systems comprises printed cartons, spouts, and filling machinery. It serves its products to full-service restaurants, quick service restaurants, foodservice distributors, supermarkets, grocery and healthy eating retailers, other food stores, food and beverage producers, and food packers and food processors. The company was formerly known as Reynolds Group Holdings Limited. The company was founded in 1880 and is headquartered in Lake Forest, Illinois. Pactiv Evergreen Inc. is a subsidiary of Packaging Finance Limited.
1900 West Field Court, Lake Forest, IL, United States, 60045
Name | Title | Year Born |
---|---|---|
Mr. Michael Jack King | Pres, CEO & Director | 1980 |
Mr. Douglas E. Owenby | Chief Operations Officer | 1960 |
Mr. Timothy A. Levenda | Pres of Foodservice | 1968 |
Mr. Eric A. Wulf | Pres of Food Merchandising | 1982 |
Mr. Jonathan H. Baksht | Chief Financial officer | 1976 |
Mark Dutt | Sr. VP of Engineering & Technology | NA |
Mike Betz | Chief Information Officer | NA |
Mr. Dhaval Patel | Sr. VP of Investor Relations & Strategy | NA |
Ms. Chandra J. Mitchell | Chief Legal Officer & Corp. Sec. | 1975 |
Mr. JD Bowlin | Chief People Officer & Communications Officer | NA |
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