Data by Company within Containers & Packaging Industry
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Marketcap |
Revenues (TTM) |
Net Income (TTM) |
Employees |
| Company |
(Millions) |
(Millions) |
(Millions) |
Number |
| Ball Corp |
$ 15,263 |
$ 14,554 |
$ 803 |
24,300 |
| Packaging Corp Of America |
$ 13,937 |
$ 8,032 |
$ 867 |
15,200 |
| Crown Holdings Inc |
$ 10,614 |
$ 12,354 |
$ 589 |
24,000 |
| Westrock Company |
$ 9,216 |
$ 20,724 |
$ -1,410 |
50,500 |
| Graphic Packaging Holding Co |
$ 6,807 |
$ 9,667 |
$ 706 |
13,000 |
| Reynolds Consumer Products Inc |
$ 5,431 |
$ 3,869 |
$ 237 |
15,000 |
| Sonoco Products Company |
$ 5,349 |
$ 6,008 |
$ -39 |
20,000 |
| Silgan Holdings Inc |
$ 4,763 |
$ 6,270 |
$ 314 |
6,700 |
| O i Glass Inc |
$ 2,681 |
$ 7,107 |
$ 572 |
21,100 |
| Ardagh Metal Packaging S a |
$ 1,946 |
$ 4,689 |
$ 237 |
- |
| Pactiv Evergreen Inc |
$ 1,443 |
$ 5,942 |
$ -69 |
14,000 |
| Dss Inc |
$ 25 |
$ 49 |
$ -103 |
- |
| Nanovation Microtech Inc |
$ 0 |
- |
$ 0 |
- |
| Containers & Packaging Industry |
$ 77,474 |
$ 99,265 |
$ 2,704 |
203,800 |
Recent News from Containers & Packaging Industry |
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Dividend
Packaging Corporation of America Declares Quarterly Dividend
LAKE FOREST, Ill. - In a recent press release, Packaging Corporation of America (NYSE: PKG) announced that its Board has approved a regular quarterly dividend of $1.25 per share on its common stock. Shareholders of record as of September 25, 2023, will receive the dividend payment on October 13, 2023.
As of the writing of this article, Packaging Corporation of America's dividend declaration highlights its commitment to returning value to its shareholders. This announcement falls in line with the company's track record of consistent dividend payments to investors.
Packaging Corporation of America, an industry leader in packaging solutions, has established itself as a reliable investment option for shareholders. The quarterly dividend of $1.25 per share signifies the company's positive financial performance and its ability to generate sustained profits. Shareholders will undoubtedly welcome this dividend as an attractive return on their investment.
The dividend payment is subject to the final determination by PCA's Board of Directors, ensuring that all financial decisions align with the company's strategic objectives. This demonstrates PCA's commitment to prudent financial management, safeguarding the interests of both shareholders and stakeholders.
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Reynolds Consumer Products Inc
Reynolds Consumer Products Inc, a leading consumer goods company, has reported strong financial results for the April to June 30, 2023 period. The company's earnings per share (EPS) increased by 28% to $0.32 per share compared to $0.25 per share in the same period last year. Moreover, the EPS more than doubled by 300% from $0.08 per share in the previous reporting season. This significant growth in earnings reflects the company's strong performance and successful execution of its business strategies.
The revenue for the April to June 30, 2023 period witnessed a modest growth of 2.508% to reach $940.00 million compared to $917.00 million in the corresponding period a year ago. However, the sequential revenue growth showed a more significant increase of 7.551% from $874.00 million in the previous quarter. Although the revenue growth rate may seem moderate, it signals stability and suggests that the company is effectively maintaining its market position.
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Packaging Corp Of America
Financial News Report: Packaging Corp Of America Discloses Soft Q2 2023 Results
Packaging Corp Of America (PKG) recently released its second-quarter financial report for 2023, which revealed a decline in both top and bottom-line figures. The company witnessed a significant drop of -30% in net profit per share and a -12.765% decrease in revenue year on year.
In Q2 2023, the company's revenue stood at $1.95 billion, compared to $2.24 billion in the same period last year. Meanwhile, earnings per share (EPS) dropped to $2.24 from $3.20 reported in Q2 2022. Although there was a 6.16% improvement in income from the prior quarter, with $2.11 per share, revenue declined by -1.245% from $1.98 billion.
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Westrock Company
Westrock Company is a leading provider of paper and packaging solutions, serving a wide range of industries globally. The company's financial performance in the third quarter of 2023 has seen a significant decline compared to the previous year, with income per share dropping by -46.26% to $0.79 per share. This decrease can be attributed to a decline in revenue of -7.232% to $5.12 billion.
In the previous reporting period, Westrock Company achieved a revenue of $5.28 billion and a bottom line of $-7.85 per share. However, in the third quarter of 2023, the company's net profits decreased by -46.52% to $203.1 million compared to $379.8 million in the same period the previous year. This decline in net profits reflects a challenging operating environment for the company.
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Silgan Holdings Inc
The stock market is a dynamic and ever-changing landscape, with companies reporting their financial results on a quarterly basis. Silgan Holdings Inc, a leading supplier of consumer goods packaging, recently released its financial performance for the April to June 30, 2023 fiscal interval. This article aims to analyze some interesting facts from this report and provide insights into Silgan Holdings' profitability, earnings, and growth potential.
Declining Income, But Sequential Improvement:
Silgan Holdings experienced a decline in income during the April to June 2023 fiscal interval, as it fell by -14.46% to $0.71 per share compared to $0.83 per share in the same period last year. However, it's worth noting that there was a sequential improvement of 9.23% from $0.65 per share in the prior quarter. This indicates a potential recovery or stabilization in the company's income levels.
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Pactiv Evergreen Inc
Pactiv Evergreen Inc, a leading packaging company, recently released its financial results for the second quarter of 2023. While the company faced a decrease in revenue and a significant decline in net deficit, there are some positive signs suggesting a potential turnaround in the future. This article will outline the key financial facts and provide an analysis of the current situation, taking into account the company's recent share performance.
Financial Results Overview:
1. Deficit per Stock:
In Q2 2023, Pactiv Evergreen Inc reported a deficit per stock of $-0.78 per share, a drastic decline from $0.40 per share recorded a year ago. Furthermore, this deficit increased from $-0.76 per share in the preceding reporting period.
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Ball Corp
Ball Corp, a leading global supplier of metal packaging solutions, recently released its financial results for the April to June 30, 2023, period. The results indicate several noteworthy trends and developments that could potentially impact the company's future performance. This article will delve into these findings and speculate on their implications for Ball Corp's future prospects.
1. Positive Turnaround in Income and EPS:
Ball Corp's income experienced a significant positive turnaround, with earnings per share (EPS) rising from -$0.55 to $0.55 compared to the same period last year. However, the EPS decreased by -1.79% compared to the preceding financial reporting period. The shift from negative to positive income reflects promising growth prospects, although the decline in EPS demands scrutiny to identify potential contributing factors.
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O I Glass Inc
O I Glass Inc, a Containers and Packaging company, encountered a slew of conflicting numbers in the second quarter of 2023, painting an alarming picture of their financial health. Despite a slight increase in revenue, the company's earnings per share plummeted, hinting at potential underlying issues. Furthermore, O I Glass Inc's dismal performance extends to several key financial indicators, suggesting a troubling trend that investors should carefully consider. This bearish article delves into the concerning aspects of O I Glass Inc's Q2 figures, exploring potential ramifications for the company's future prospects.
Revenue Growth Marred by Alarming Earnings Plunge:
Although O I Glass Inc reported a 6.299% year-over-year revenue increase to $1.89 billion, the offsetting factor was the drastic -56.6% decline in earnings per share. Such a stark contraction in profitability raises questions about the company's ability to sustain its growth trajectory. The fact that earnings per share also dropped by -46.51% from the preceding period accentuates the alarming trend.
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Sonoco Products Company
Sonoco Products Company (SON) released its latest financial numbers for the time-frame closing on July 2, 2023, showing a decrease in profits and revenue. The company reported a profit decrease of -0.85% to $1.16 per share, while revenue decreased by -3.709% to $1.71 billion compared to the previous year.
Comparing the recent numbers with the prior reporting period, revenue also decreased by -1.396% from $1.73 billion, and income faded by -22.67% from $1.50 per share. The net profits in the time-frame closing on July 2, 2023, were $114.749 million, which fell by -0.74% from $115.607 million in the corresponding period a year ago.
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Graphic Packaging Holding Co
During the past 5 days, Graphic Packaging Holding Co (GPK) shares experienced a slight drop of -0.53%. However, when we look at the company's performance so far this year, it shows a positive trend with a 11.32% increase in value. Currently trading on the NYSE, GPK shares are positioned 3.6% above their 52-week average.
Looking into the company's financial performance in the fiscal period closing on June 30, 2023, we find that there was bewildering growth in bottom-line figures despite slow revenue rise. Earnings per share (EPS) saw a remarkable increase of 133.33% at $0.49 per share, while revenue only rose modestly by 1.442% to reach $2.39 billion compared to the same reporting period in the previous year. It is noteworthy that GPK's revenue growth was in contrast to the overall Containers and Packaging industry, which experienced a reduction of -11.42% in business.
When comparing the current reporting period to the previous one, we observe a decline in income, with EPS decreasing by -26.87% from $0.67 per share and revenue declining by -1.887% from $2.44 billion. However, despite these reductions, the company's net earnings increased significantly by 127.27% to $150.000 million compared to the fiscal period closing on June 30, 2022, which reported net earnings of $66.000 million.
Graphic Packaging Holding Co has also been able to improve its profit margins. In the fiscal period closing on June 30, 2023, the net margin rose to 6.27% and the operating margin increased to 11.16%.
One notable aspect to highlight is the increase in inventories. The level of inventories and supplies reached $1,729.0 million, higher than the previous quarter and higher than the corresponding quarter from a year ago. On the other hand, operating earnings showed a smaller improvement, increasing by just 75.66% to $267 millionAdditionally, the value of accounts receivable is below the previous year's level, but there has been some progress sequentially.
Looking forward, Graphic Packaging Holding Co is expected to report its next financial earnings on October 24, 2023. Investors and analysts will be interested to see if the company can continue its growth trajectory and improve its financial performance further.
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