Berry Global Group, Inc. - Understand $bery stock

$BERY Market Cap: $8.175 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$12.26B

TTM

Gross Margin

18.34%

TTM

Net Earnings

$516.0M

TTM

Current Assets

$4.567B

Q3 2024

Current Liabilities

$2.855B

Q3 2024

Current Ratio

159.96%

Q3 2024

Total Assets

$16.61B

Q3 2024

Total Liabilities

$13.00B

Q3 2024

Book Value

$3.608B

Q3 2024

Cash

$1.095B

Q3 2024

P/E

15.84

Dec 04, 2024 EST

Free Cash Flow

$853.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$12.26B	$12.66B	$14.50B	$13.85B	$11.71B	$8.878B	$7.869B	$7.095B	$6.489B	$4.881B	$4.958B	$4.647B	$4.766B	$4.561B	$4.257B	$3.187B	$3.513B
YoY Change	-3.21%	-12.63%	4.66%	18.29%	31.89%	12.82%	10.91%	9.34%	32.94%	-1.55%	6.69%	-2.5%	4.49%	7.14%	33.57%	-9.28%	14.99%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$12.26B	$12.66B	$14.50B	$13.85B	$11.71B	$8.878B	$7.869B	$7.095B	$6.489B	$4.881B	$4.958B	$4.647B	$4.766B	$4.561B	$4.257B	$3.187B	$3.513B
Cost Of Revenue	$10.01B	$10.35B	$12.12B	$11.35B	$9.301B	$7.259B	$6.438B	$5.691B	$5.202B	$4.012B	$4.190B	$3.835B	$3.984B	$3.908B	$3.667B	$2.641B	$3.019B
Gross Profit	$2.253B	$2.310B	$2.372B	$2.498B	$2.408B	$1.619B	$1.431B	$1.404B	$1.287B	$869.0M	$768.0M	$812.0M	$782.0M	$653.0M	$590.0M	$546.0M	$494.0M
Gross Profit Margin	18.38%	18.24%	16.36%	18.04%	20.57%	18.24%	18.19%	19.79%	19.83%	17.8%	15.49%	17.47%	16.41%	14.32%	13.86%	17.13%	14.06%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Selling, General & Admin	$892.0M	$886.0M	$850.0M	$867.0M	$850.0M	$583.0M	$480.0M	$494.0M	$531.0M	$357.0M	$320.0M	$307.0M	$317.0M	$284.0M	$272.0M	$229.0M	$247.0M
YoY Change	0.68%	4.24%	-1.96%	2.0%	45.8%	21.46%	-2.83%	-6.97%	48.74%	11.56%	4.23%	-3.15%	11.62%	4.41%	18.78%	-7.29%	1.23%
% of Gross Profit	39.59%	38.35%	35.83%	34.71%	35.3%	36.01%	33.54%	35.19%	41.26%	41.08%	41.67%	37.81%	40.54%	43.49%	46.1%	41.94%	50.0%
Research & Development	$72.00M	$82.00M	$81.00M	$90.00M	$79.00M	$50.00M	$45.00M	$45.00M
YoY Change	-12.2%	1.23%	-10.0%	13.92%	58.0%	11.11%	0.0%
% of Gross Profit	3.2%	3.55%	3.41%	3.6%	3.28%	3.09%	3.14%	3.21%
Depreciation & Amortization	$857.0M	$818.0M	$819.0M	$854.0M	$845.0M	$613.0M	$538.0M	$521.0M	$525.0M	$350.0M	$358.0M	$341.0M	$355.0M	$344.0M	$317.0M	$254.0M	$93.00M
YoY Change	4.77%	-0.12%	-4.1%	1.07%	37.85%	13.94%	3.26%	-0.76%	50.0%	-2.23%	4.99%	-3.94%	3.2%	8.52%	24.8%	173.12%	19.23%
% of Gross Profit	38.04%	35.41%	34.53%	34.19%	35.09%	37.86%	37.6%	37.11%	40.79%	40.28%	46.61%	42.0%	45.4%	52.68%	53.73%	46.52%	18.83%
Operating Expenses	$1.126B	$968.0M	$931.0M	$1.155B	$1.150B	$633.0M	$525.0M	$539.0M	$674.0M	$448.0M	$422.0M	$412.0M	$426.0M	$390.0M	$425.0M	$349.0M	$373.0M
YoY Change	16.32%	3.97%	-19.39%	0.43%	81.67%	20.57%	-2.6%	-20.03%	50.45%	6.16%	2.43%	-3.29%	9.23%	-8.24%	21.78%	-6.43%	1.91%
Operating Profit	$1.127B	$1.079B	$1.242B	$1.343B	$1.258B	$974.0M	$761.0M	$732.0M	$613.0M	$421.0M	$346.0M	$400.0M	$356.0M	$263.0M	$165.0M	$197.0M	$121.0M
YoY Change	4.45%	-13.12%	-7.52%	6.76%	29.16%	27.99%	3.96%	19.41%	45.61%	21.68%	-13.5%	12.36%	35.36%	59.39%	-16.24%	62.81%	14.15%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Interest Expense	-$311.0M	-$306.0M	-$286.0M	-$336.0M	-$435.0M	-$329.0M	-$259.0M	-$269.0M	-$291.0M	-$191.0M	-$221.0M	-$244.0M	-$328.0M	-$327.0M	-$313.0M	-$304.0M	-$321.0M
YoY Change	1.63%	6.99%	-14.88%	-22.76%	32.22%	27.03%	-3.72%	-7.56%	52.36%	-13.57%	-9.43%	-25.61%	0.31%	4.47%	2.96%	-5.3%	24.9%
% of Operating Profit	-27.6%	-28.36%	-23.03%	-25.02%	-34.58%	-33.78%	-34.03%	-36.75%	-47.47%	-45.37%	-63.87%	-61.0%	-92.13%	-124.33%	-189.7%	-154.31%	-265.29%
Other Income/Expense, Net	-$15.00M	-$31.00M	-$22.00M	-$24.00M	-$31.00M	-$155.0M	-$25.00M	-$14.00M	$22.00M	-$1.000M	$7.000M	$7.000M	$7.000M	$7.000M	$27.00M	$5.000M	$0.00
YoY Change	-51.61%	40.91%	-8.33%	-22.58%	-80.0%	520.0%	78.57%	-163.64%	-2300.0%	-114.29%	0.0%	0.0%	0.0%	-74.07%	440.0%		-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Pretax Income	$611.0M	$742.0M	$934.0M	$905.0M	$713.0M	$490.0M	$477.0M	$449.0M	$308.0M	$122.0M	$67.00M	$85.00M	$4.000M	-$346.0M	-$162.0M	$255.0M	-$210.0M
YoY Change	-17.65%	-20.56%	3.2%	26.93%	45.51%	2.73%	6.24%	45.78%	152.46%	82.09%	-21.18%	2025.0%	-101.16%	113.58%	-163.53%	-221.43%	-7.49%
Income Tax	$95.00M	$133.0M	$168.0M	$172.0M	$154.0M	$86.00M	-$19.00M	$109.0M	$72.00M	$36.00M	$4.000M	$28.00M	$2.000M	-$47.00M	-$49.00M	$99.00M	-$72.00M
% Of Pretax Income	15.55%	17.92%	17.99%	19.01%	21.6%	17.55%	-3.98%	24.28%	23.38%	29.51%	5.97%	32.94%	50.0%			38.82%
Net Earnings	$516.0M	$609.0M	$766.0M	$733.0M	$559.0M	$404.0M	$496.0M	$340.0M	$236.0M	$86.00M	$62.00M	$57.00M	$2.000M	-$299.0M	-$113.0M	$152.0M	-$138.0M
YoY Change	-15.27%	-20.5%	4.5%	31.13%	38.37%	-18.55%	45.88%	44.07%	174.42%	38.71%	8.77%	2750.0%	-100.67%	164.6%	-174.34%	-210.14%	7.81%
Net Earnings / Revenue	4.21%	4.81%	5.28%	5.29%	4.77%	4.55%	6.3%	4.79%	3.64%	1.76%	1.25%	1.23%	0.04%	-6.56%	-2.65%	4.77%	-3.93%
Basic Earnings Per Share	$4.48	$5.07	$5.87	$5.45	$4.22	$3.08	$3.77	$2.66
Diluted Earnings Per Share	$4.38	$4.95	$5.77	$5.300M	$4.141M	$3.00	$3.67	$2.56	$1.888M	$699.2K	$508.2K	$479.0K	$22.99K	-$3.560M	-$1.000M	$1.345M	-$1.221M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Cash & Short-Term Investments	$1.095B	$1.203B	$1.410B	$1.091B	$750.0M	$750.0M	$381.0M	$306.0M	$323.0M	$228.0M	$129.0M	$142.0M	$87.00M	$42.00M	$148.0M
YoY Change	-8.98%	-14.68%	29.24%	45.47%	0.0%	96.85%	24.51%	-5.26%	41.67%	76.74%	-9.15%	63.22%	107.14%	-71.62%
Cash & Equivalents	$1.095B	$1.203B	$1.410B	$1.091B	$750.0M	$750.0M	$381.0M	$306.0M	$323.0M	$228.0M	$129.0M	$142.0M	$87.00M	$42.00M	$148.0M
Short-Term Investments
Other Short-Term Assets	$244.0M	$205.0M	$175.0M	$217.0M	$330.0M	$157.0M	$76.00M	$89.00M	$105.0M	$199.0M	$208.0M	$171.0M	$156.0M	$92.00M	$99.00M
YoY Change	19.02%	17.14%	-19.35%	-34.24%	110.19%	106.58%	-14.61%	-15.24%	-47.24%	-4.33%	21.64%	9.62%	69.57%	-7.07%
Inventory	$1.624B	$1.557B	$1.802B	$1.907B	$1.268B	$1.324B	$887.0M	$762.0M	$660.0M	$522.0M	$604.0M	$575.0M	$535.0M	$578.0M	$583.0M
Prepaid Expenses
Receivables	$1.604B	$1.568B	$1.777B	$1.879B	$1.469B	$1.526B	$941.0M	$847.0M	$704.0M	$434.0M	$491.0M	$449.0M	$455.0M	$543.0M	$485.0M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$4.567B	$4.533B	$5.164B	$5.094B	$3.817B	$3.757B	$2.285B	$2.004B	$1.792B	$1.383B	$1.432B	$1.337B	$1.233B	$1.255B	$1.315B
YoY Change	0.75%	-12.22%	1.37%	33.46%	1.6%	64.42%	14.02%	11.83%	29.57%	-3.42%	7.11%	8.43%	-1.75%	-4.56%
Property, Plant & Equipment	$4.575B	$5.201B	$4.342B	$5.239B	$5.123B	$4.714B	$2.488B	$2.366B	$2.224B	$1.294B	$1.364B	$1.266B	$1.216B	$1.250B	$1.146B
YoY Change	-12.04%	19.78%	-17.12%	2.26%	8.68%	89.47%	5.16%	6.38%	71.87%	-5.13%	7.74%	4.11%	-2.72%	9.08%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$189.0M	$169.0M	$244.0M	$115.0M	$91.00M	$167.0M	$74.00M	$45.00M	$31.00M	$6.000M	$5.000M	$42.00M	$74.00M	$73.00M	$81.00M
YoY Change	11.83%	-30.74%	112.17%	26.37%	-45.51%	125.68%	64.44%	45.16%	416.67%	20.0%	-88.1%	-43.24%	1.37%	-9.88%
Total Long-Term Assets	$12.04B	$12.05B	$11.79B	$12.79B	$12.88B	$12.71B	$6.846B	$6.472B	$5.861B	$3.645B	$3.820B	$3.798B	$3.873B	$3.962B	$4.029B
YoY Change	-0.12%	2.22%	-7.79%	-0.75%	1.35%	85.69%	5.78%	10.42%	60.8%	-4.58%	0.58%	-1.94%	-2.25%	-1.66%
Total Assets	$16.61B	$16.59B	$16.96B	$17.88B	$16.70B	$16.47B	$9.131B	$8.476B	$7.653B	$5.028B	$5.252B	$5.135B	$5.106B	$5.217B	$5.344B
YoY Change
Accounts Payable	$1.766B	$1.528B	$1.795B	$2.041B	$1.115B	$1.159B	$783.0M	$638.0M	$539.0M	$330.0M	$395.0M	$337.0M	$306.0M	$352.0M	$362.0M
YoY Change	15.58%	-14.87%	-12.05%	83.05%	-3.8%	48.02%	22.73%	18.37%	63.33%	-16.46%	17.21%	10.13%	-13.07%	-2.76%
Accrued Expenses	$401.0M	$389.0M	$361.0M	$449.0M	$439.0M	$214.0M	$344.0M	$373.0M	$409.0M	$338.0M	$314.0M	$276.0M	$300.0M	$286.0M	$271.0M
YoY Change	3.08%	7.76%	-19.6%	2.28%	105.14%	-37.79%	-7.77%	-8.8%	21.01%	7.64%	13.77%	-8.0%	4.9%	5.54%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$810.0M	$10.00M	$13.00M	$21.00M	$75.00M	$104.0M	$38.00M	$33.00M	$43.00M	$37.00M	$58.00M	$71.00M	$40.00M	$46.00M	$29.00M
YoY Change	8000.0%	-23.08%	-38.1%	-72.0%	-27.88%	173.68%	15.15%	-23.26%	16.22%	-36.21%	-18.31%	77.5%	-13.04%	58.62%
Total Short-Term Liabilities	$2.855B	$2.713B	$2.831B	$3.186B	$2.183B	$2.039B	$1.237B	$1.134B	$1.031B	$705.0M	$767.0M	$684.0M	$646.0M	$684.0M	$662.0M
YoY Change	5.23%	-4.17%	-11.14%	45.95%	7.06%	64.83%	9.08%	9.99%	46.24%	-8.08%	12.13%	5.88%	-5.56%	3.32%
Long-Term Debt	$8.315B	$8.970B	$9.255B	$9.439B	$10.16B	$11.26B	$5.806B	$5.608B	$5.712B	$3.648B	$3.844B	$3.875B	$4.431B	$4.581B	$4.397B
YoY Change	-7.3%	-3.08%	-1.95%	-7.11%	-9.76%	93.95%	3.53%	-1.82%	56.58%	-5.1%	-0.8%	-12.55%	-3.27%	4.18%
Other Long-Term Liabilities	$1.828B	$1.115B	$1.674B	$1.509B	$1.663B	$748.0M	$289.0M	$300.0M	$417.0M	$341.0M	$356.0M	$387.0M	$166.0M	$170.0M	$160.0M
YoY Change	63.95%	-33.39%	10.93%	-9.26%	122.33%	158.82%	-3.67%	-28.06%	22.29%	-4.21%	-8.01%	133.13%	-2.35%	6.25%
Total Long-Term Liabilities	$10.14B	$10.09B	$10.93B	$10.95B	$11.83B	$12.01B	$6.095B	$5.908B	$6.129B	$3.989B	$4.200B	$4.262B	$4.597B	$4.751B	$4.557B
YoY Change	0.58%	-7.72%	-0.17%	-7.42%	-1.53%	97.03%	3.17%	-3.61%	53.65%	-5.02%	-1.45%	-7.29%	-3.24%	4.26%
Total Liabilities	$13.00B	$13.37B	$13.76B	$14.70B	$14.61B	$14.85B	$7.700B	$7.464B	$7.435B	$5.096B	$5.369B	$5.334B	$5.561B	$5.671B	$5.474B
YoY Change	-2.79%	-2.83%	-6.41%	0.64%	-1.63%	92.87%	3.16%	0.39%	45.9%	-5.08%	0.66%	-4.08%	-1.94%	3.6%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2014
Basic Shares Outstanding	115.1M	120.1M	130.6M	134.6M	132.6M	131.3M	131.4M	127.6M	116.9M
Diluted Shares Outstanding	117.7M	123.0M	132.8M	138.3M	135.1M	134.6M	135.2M	132.6M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $8.1746 Billion

About BERRY GLOBAL GROUP, INC.

Berry Global Group, Inc. engages in the provision of non-woven products. The company is headquartered in Evansville, Indiana. The company went IPO on 2012-10-04. The Company’s segments include Consumer Packaging International and Consumer Packaging North America. The Consumer Packaging International segment primarily consists of closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, and containers. The Consumer Packaging North America segment primarily consists of containers and pails, foodservice, closures, bottles, prescription vials, and tubes. The company offers a range of closures, which includes screw, snap and flip top caps, over caps and tube closures. Its canister and jerrycan designs handle the demands and varying needs of retail and industrial products. Its ranges of containers, tubs and pots come in various designs, sizes and materials to meet the customer requirements. Its laminate and extruded tubes offer a choice of decoration to meet the needs of many applications, including cosmetics to industrial and DIY.

Industry: Plastics Products, NEC Peers: APTARGROUP, INC. BALL Corp CROWN HOLDINGS, INC. GREIF, INC MYERS INDUSTRIES INC O-I Glass, Inc. /DE/ SILGAN HOLDINGS INC TRIMAS CORP