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Reynolds Consumer Products Inc

reynoldsconsumerproducts.com

What Do They Do?

Sells household products for cooking, cleanup and storage under Reynolds, Hefty and store brands to grocery stores, mass merchants and online retailers.

How Do They Make Money?

Retailers and other customers buy the company’s products; sales count when products are delivered or shipped. Customer advance payments are usually collected a few days before delivery.

revenue
SegmentShareRevenue
Cooking products
Sold outright

34%
FY2022: 34%
Waste products
Sold outright

25%
Tableware products
Sold outright

23%
FY2022: 26%
Storage products
Sold outright

18%
Unallocated
−0.1%
FY2022: −0.5%

Who Are Their Customers?

Retailers across grocery, mass-merchant, warehouse, discount and online channels buy branded and store-brand products. The company sells through a direct sales force and uses third-party brokers for some products and customers.

Customers above 10% of revenue, FY2025
of revenue from two customers (48%, 11%)
FY2023: 48% from one customer

Do Revenues Turn Into Profits?

Yes. It kept 8 cents of every revenue dollar as net income in FY2025 and turned 8 cents into free cash flow.

Operating income, FY2025
13% of revenue
▼ −4% vs FY2024 ($504M, 14%)
Net income, FY2025
8% of revenue
▼ −14% vs FY2024 ($352M, 10%)
Free cash flow, FY2025
8% of revenue
▼ −14% vs FY2024 ($369M, 10%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +1%
vs $938M in Q2 FY2025
Net income
▲ +22%
vs $73M in Q2 FY2025

Flat. Revenue was $3.7B in FY2025, about the same as the $3.6B of FY2021.

Revenue over time
Cooking products Waste products Tableware products Storage products Unallocated Waste and Storage Products
$5B$2.5B$0

Who Do They Compete With?

Competes with The Clorox, S.C. Johnson & Son, Poly-America, Handi-Foil, Republic Plastics, Trinidad Benham, and Inteplast Group

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