Below are the financial statements of Sealed Air, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 5,392.6a | 5,488.9a | 5,641.9a |
| Cost of sales | -3,767.5a | -3,847.6a | -3,869a |
| Gross profit | 1,625.1a | 1,641.3a | 1,772.9a |
| Selling, general and administrative expenses | -752.6a | -759.1a | -786.2a |
| (Loss) gain on disposal and sale of businesses and property and equipment, net | -16.2a | -49.3a | 6.3a |
| Amortization expense of intangible assets | -62.6a | -62.7a | -36.1a |
| Restructuring charges | -57.8a | -15.6a | -12.1a |
| Operating profit | 735.9a | 754.6a | 944.8a |
| Interest expense, net | -247.6a | -263a | -162.3a |
| Other expense, net | -29.9a | -61.9a | -53.2a |
| Earnings before income tax provision | 458.4a | 429.7a | 729.3a |
| Income tax provision | -188.9a | -90.4a | -238a |
| Net earnings from continuing operations | 269.5a | 339.3a | 491.3a |
| (Loss) gain on sale of discontinued operations, net of tax | -4.8a | 2.3a | 0.3a |
| Net earnings | 264.7a | 341.6a | 491.6a |
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