$BERY
BERRY GLOBAL GROUP, INC.

2024 Q2 Form 10-Q Financial Statement

#000114036124025167 Filed on May 09, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $3.161B $3.076B
YoY Change -3.86%
Cost Of Revenue $2.560B $2.509B
YoY Change -4.55%
Gross Profit $601.0M $567.0M
YoY Change -0.83%
Gross Profit Margin 19.01% 18.43%
Selling, General & Admin $216.0M $213.0M
YoY Change -1.82%
% of Gross Profit 35.94% 37.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $213.0M $214.0M
YoY Change 6.5%
% of Gross Profit 35.44% 37.74%
Operating Expenses $216.0M $213.0M
YoY Change -1.82%
Operating Profit $303.0M $208.0M
YoY Change 0.66%
Interest Expense -$77.00M -$76.00M
YoY Change -2.53%
% of Operating Profit -25.41% -36.54%
Other Income/Expense, Net $5.000M -$1.000M
YoY Change -600.0%
Pretax Income $231.0M $131.0M
YoY Change 4.52%
Income Tax $38.00M $15.00M
% Of Pretax Income 16.45% 11.45%
Net Earnings $193.0M $116.0M
YoY Change 10.92%
Net Earnings / Revenue 6.11% 3.77%
Basic Earnings Per Share $1.69 $1.00
Diluted Earnings Per Share $1.65 $0.98
COMMON SHARES
Basic Shares Outstanding 114.4M 115.9M
Diluted Shares Outstanding 116.7M 118.2M

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $509.0M $494.0M
YoY Change -26.87%
Cash & Equivalents $509.0M $494.0M
Short-Term Investments
Other Short-Term Assets $318.0M $286.0M
YoY Change 44.55%
Inventory $1.679B $1.694B
Prepaid Expenses
Receivables $1.630B $1.590B
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.136B $4.064B
YoY Change -8.72%
LONG-TERM ASSETS
Property, Plant & Equipment $4.558B $4.576B
YoY Change -1.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $117.0M $125.0M
YoY Change 20.62%
Total Long-Term Assets $11.85B $11.92B
YoY Change -1.9%
TOTAL ASSETS
Total Short-Term Assets $4.136B $4.064B
Total Long-Term Assets $11.85B $11.92B
Total Assets $15.99B $15.98B
YoY Change -3.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.242B $1.332B
YoY Change -8.0%
Accrued Expenses $359.0M $347.0M
YoY Change 1.99%
Deferred Revenue $96.00M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $23.00M $24.00M
YoY Change 91.67%
Total Short-Term Liabilities $2.268B $2.341B
YoY Change -2.24%
LONG-TERM LIABILITIES
Long-Term Debt $8.699B $8.690B
YoY Change -6.41%
Other Long-Term Liabilities $524.0M $447.0M
YoY Change -5.07%
Total Long-Term Liabilities $524.0M $447.0M
YoY Change -5.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.268B $2.341B
Total Long-Term Liabilities $524.0M $447.0M
Total Liabilities $12.62B $12.69B
YoY Change -5.26%
SHAREHOLDERS EQUITY
Retained Earnings $2.471B $2.340B
YoY Change 6.78%
Common Stock $1.295B $1.280B
YoY Change 6.58%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.371B $3.294B
YoY Change
Total Liabilities & Shareholders Equity $15.99B $15.98B
YoY Change -3.76%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $193.0M $116.0M
YoY Change 10.92%
Depreciation, Depletion And Amortization $213.0M $214.0M
YoY Change 6.5%
Cash From Operating Activities $297.0M $199.0M
YoY Change -25.94%
INVESTING ACTIVITIES
Capital Expenditures $140.0M $150.0M
YoY Change -19.54%
Acquisitions
YoY Change
Other Investing Activities -$68.00M $47.00M
YoY Change -22.73%
Cash From Investing Activities -$208.0M -$103.0M
YoY Change -20.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -65.00M -94.00M
YoY Change -62.64%
NET CHANGE
Cash From Operating Activities 297.0M 199.0M
Cash From Investing Activities -208.0M -103.0M
Cash From Financing Activities -65.00M -94.00M
Net Change In Cash 24.00M 2.000M
YoY Change -168.57%
FREE CASH FLOW
Cash From Operating Activities $297.0M $199.0M
Capital Expenditures $140.0M $150.0M
Free Cash Flow $157.0M $49.00M
YoY Change -30.84%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2023Q3 us-gaap Contract With Customer Liability Current
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dei Amendment Flag
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dei Current Fiscal Year End Date
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us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
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