BERY - Berry Global Group, Inc.
NYSE
->
Consumer Cyclical
->
Packaging & Containers
Evansville,
United States
Type: Equity
BERY price evolution
BERY
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 1 May 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $507 | $1203 | $633 | $696 |
| Short term investments | ||||
| Net receivables | $1497 | $1568 | $1748 | $1751 |
| Inventory | $1689 | $1557 | $1730 | $1864 |
| Total current assets | $3950 | $4533 | $4340 | $4531 |
| Long term investments | ||||
| Property, plant & equipment | $5307 | $5201 | $5262 | $5119 |
| Goodwill & intangible assets | $6758 | $6684 | $6830 | $6866 |
| Total noncurrent assets | $12194 | $12054 | $12209 | $12082 |
| Total investments | ||||
| Total assets | $16144 | $16587 | $16549 | $16613 |
| Current liabilities | ||||
| Accounts payable | $1131 | $1528 | $1159 | $1350 |
| Deferred revenue | ||||
| Short long term debt | $25 | $10 | $12 | $12 |
| Total current liabilities | $2370 | $2713 | $2325 | $2320 |
| Long term debt | $9240 | $9495 | $9712 | $9709 |
| Total noncurrent liabilities | $10446 | $10658 | $10837 | $10998 |
| Total debt | $9265 | $9505 | $9724 | $9721 |
| Total liabilities | $12816 | $13371 | $13162 | $13318 |
| Shareholders' equity | ||||
| Retained earnings | $2336 | $2320 | $2344 | $2314 |
| Other shareholder equity | -$274 | -$336 | -$180 | -$234 |
| Total shareholder equity | $3328 | $3216 | $3387 | $3295 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1203 | $1410 | $1091 | $750 |
| Short term investments | ||||
| Net receivables | $1568 | $1777 | $1879 | $1469 |
| Inventory | $1557 | $1802 | $1907 | $1268 |
| Total current assets | $4533 | $5164 | $5094 | $3817 |
| Long term investments | ||||
| Property, plant & equipment | $5201 | $4863 | $5239 | $5123 |
| Goodwill & intangible assets | $6684 | $6685 | $7434 | $7670 |
| Total noncurrent assets | $12054 | $11792 | $12788 | $12884 |
| Total investments | ||||
| Total assets | $16587 | $16956 | $17882 | $16701 |
| Current liabilities | ||||
| Accounts payable | $1528 | $1795 | $2041 | $1115 |
| Deferred revenue | ||||
| Short long term debt | $10 | $13 | $21 | $75 |
| Total current liabilities | $2713 | $2844 | $3186 | $2183 |
| Long term debt | $9495 | $9671 | $9905 | $10626 |
| Total noncurrent liabilities | $10658 | $10916 | $11516 | $12426 |
| Total debt | $9505 | $9684 | $9926 | $10701 |
| Total liabilities | $13371 | $13760 | $14702 | $14609 |
| Shareholders' equity | ||||
| Retained earnings | $2320 | $2421 | $2341 | $1608 |
| Other shareholder equity | -$336 | -$403 | -$296 | -$551 |
| Total shareholder equity | $3216 | $3196 | $3180 | $2092 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $2853 | $3087 | $3229 | $3288 |
| Cost of revenue | $2379 | $2481 | $2649 | $2682 |
| Gross Profit | $474 | $606 | $580 | $606 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $235 | $215 | $215 | $220 |
| Total operating expenses | $329 | $323 | $324 | $306 |
| Operating income | $145 | $283 | $256 | $300 |
| Income from continuing operations | ||||
| EBIT | $145 | $283 | $256 | $300 |
| Income tax expense | $14 | $19 | $35 | $47 |
| Interest expense | $72 | $78 | $78 | $79 |
| Net income | ||||
| Net income | $59 | $186 | $143 | $174 |
| Income (for common shares) | $59 | $186 | $143 | $174 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $12664 | $13850 | $11709 | |
| Cost of revenue | $10354 | $11352 | $9301 | |
| Gross Profit | $2310 | $2498 | $2408 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $886 | $867 | $850 | |
| Total operating expenses | $1262 | $1257 | $1260 | |
| Operating income | $1048 | $1241 | $1148 | |
| Income from continuing operations | ||||
| EBIT | $1048 | $1241 | $1148 | |
| Income tax expense | $133 | $172 | $154 | |
| Interest expense | $306 | $336 | $435 | |
| Net income | ||||
| Net income | $609 | $733 | $559 | |
| Income (for common shares) | $609 | $733 | $559 | |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $59 | $186 | $143 | $174 |
| Operating activities | ||||
| Depreciation | $214 | $212 | $207 | $200 |
| Business acquisitions & disposals | $1 | -$88 | ||
| Stock-based compensation | $21 | $6 | $6 | $7 |
| Total cash flows from operations | -$199 | $1125 | $322 | $401 |
| Investing activities | ||||
| Capital expenditures | -$183 | -$129 | -$175 | -$174 |
| Investments | ||||
| Total cash flows from investing | -$183 | -$128 | -$175 | -$262 |
| Financing activities | ||||
| Dividends paid | -$36 | -$30 | -$32 | -$32 |
| Sale and purchase of stock | $6 | -$176 | -$74 | -$154 |
| Net borrowings | -$308 | -$186 | -$104 | $1 |
| Total cash flows from financing | -$342 | -$405 | -$214 | -$174 |
| Effect of exchange rate | $28 | -$22 | $4 | $14 |
| Change in cash and equivalents | -$696 | $570 | -$63 | -$21 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $609 | $766 | $733 | $559 |
| Operating activities | ||||
| Depreciation | $818 | $819 | $854 | $845 |
| Business acquisitions & disposals | -$87 | $128 | $165 | -$14 |
| Stock-based compensation | $42 | $39 | $40 | $33 |
| Total cash flows from operations | $1615 | $1563 | $1580 | $1530 |
| Investing activities | ||||
| Capital expenditures | -$689 | -$687 | -$676 | -$583 |
| Investments | $76 | $281 | ||
| Total cash flows from investing | -$776 | -$483 | -$511 | -$316 |
| Financing activities | ||||
| Dividends paid | -$127 | |||
| Sale and purchase of stock | -$565 | -$682 | $60 | $30 |
| Net borrowings | -$373 | -$22 | -$780 | -$1234 |
| Total cash flows from financing | -$1071 | -$704 | -$741 | -$1220 |
| Effect of exchange rate | $25 | -$57 | $13 | $6 |
| Change in cash and equivalents | -$207 | $319 | $341 | |
News
Fundamentals
| Market cap | $6.54B |
|---|---|
| Enterprise value | $15.30B |
| Shares outstanding | 116.00M |
| Revenue | $12.46B |
|---|---|
| EBITDA | $1.82B |
| EBIT | $984.00M |
| Net Income | $562.00M |
| Revenue Q/Q | N/A |
| Revenue Y/Y | N/A |
| P/E ratio | 11.64 |
|---|---|
| EV/Sales | 1.23 |
| EV/EBITDA | 8.42 |
| EV/EBIT | 15.55 |
| P/S ratio | 0.52 |
| P/B ratio | 1.82 |
| Book/Share | 31.05 |
| Cash/Share | 4.37 |
| EPS | $4.84 |
|---|---|
| ROA | 3.41% |
| ROE | 17.00% |
| Debt/Equity | 4.16 |
|---|---|
| Net debt/EBITDA | 6.77 |
| Current ratio | 1.67 |
| Quick ratio | 0.95 |