SEALED AIR CORPSEE

時価総額

$60.8億

PER

包装資材の最大手。CRYOVACやBUBBLE WRAP、AUTOBAG、LIQUIBOXなどのブランドを展開。2023年にLiquiboxを約11.7億ドルで買収。製品は117か国で流通、46か国で事業展開。

	2010年 12月31日	2011年 12月31日	2012年 12月31日	2013年 12月31日	2014年 12月31日	2015年 12月31日	2016年 12月31日	2017年 12月31日	2018年 12月31日	2019年 12月31日	2020年 12月31日	2021年 12月31日	2022年 12月31日	2023年 12月31日	2024年 12月31日
Net earnings	256	149	-1,410	124	258	335	486	815	193	263	503	507	492	342	265
Depreciation and amortization	-	-	-	-	-	-	-	149	131	151	174	186	185	233	241
Share-based incentive compensation	31	25	-	24	54	61	60	45	29	33	42	44	51	33	32
Profit sharing expense	-	-	19	35	37	36	25	23	22	25	28	22	24	25	26
Loss on debt redemption and refinancing activities	-38	-	-37	-36	-102	-110	-0	-	-	-	-	-19	-11	-13	-7
Impairment of debt investment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8
Accounts Receivable, Credit Loss Expense (Reversal)	6	9	17	12	8	6	4	3	2	3	4	2	6	3	1
Inventory Write-down	2	9	16	-0	9	-	-	4	5	7	9	10	20	18	19
Deferred taxes, net	-3	-56	-318	7	136	-	-62	-	11	-55	82	37	-30	-28	-16
Net loss (gain) on disposal/sale of businesses	-	-	-	-	-	13	-2	-	43	-31	19	59	1	-52	-5
Impairment loss on equity investments, net	-	-	-	-	-	-	-	-	-	-	-	-	-31	-	-
Other non-cash items	-	-	-	-	-	-5	8	-11	-11	-27	-3	-9	-10	-25	-27
Trade receivables, net	34	116	27	-35	21	-37	34	81	1	-38	-27	111	-3	-73	34
Inventories	19	9	-32	-24	49	38	17	55	61	-12	25	166	179	-136	4
Income tax receivable/payable	-	-	-	-	215	-32	-7	207	16	-21	31	-46	14	0	-46
Accounts payable	19	-14	-84	36	159	81	228	154	43	-37	1	206	-72	-123	28
Tax refunds / (payments and deposits) to resolve certain prior years' tax matters	-	-	-	-	-	-	-	-	-	-	-	-	-	195	-54
Other assets and liabilities	-	-	-	-	-	69	55	-55	-88	7	55	59	-76	78	-24
Net cash provided by operating activities	483	392	-	-	-	968	-	-	428	511	737	710	613	516	728
Capital expenditures	88	125	124	116	154	184	276	184	169	190	181	213	237	244	220
Proceeds related to sale of businesses and property and equipment, net	-	-	-	-	-	-	-	-	-	-	-	-	-	10	1
Businesses acquired in purchase transactions, net of cash acquired	24	1,983	-	-	4	28	6	119	68	453	-1	0	10	1,161	-4
(Payments) Proceeds associated with debt, equity, and equity method investments, net	-	-	-	-	-	-	-	-	8	-	-	-	-	-3	1
Proceeds from cross-currency swaps	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3
Settlement of foreign currency forward contracts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20
Net cash used in investing activities	-97	-2,370	-	-	-	-60	-	-	-267	-666	-160	-126	-243	-1,378	-232
Net proceeds of short-term borrowings	-4	-44	7	53	-	-	-154	-94	224	-127	-99	-6	6	132	5
Proceeds from long-term debt	-	3,706	1,307	425	2,283	855	-	-	-	895	-	602	423	1,833	416
Payments of long-term debt	276	1,754	1,759	658	2,291	754	27	370	2	425	6	610	425	958	711
Dividends paid on common stock	80	87	101	102	111	107	122	120	104	99	100	116	119	118	118
Repurchases of common stock	10	-	-	-	184	802	217	1,302	583	67	33	403	280	80	-
Payments for debt modification/extinguishment costs and other	-	-	-	26	75	99	0	-	6	16	-	17	15	22	8
Impact of tax withholding on share-based compensation	-	-	10	4	3	-	31	22	8	11	12	15	27	22	10
Principal payments related to financing leases	-	-	-	-	-	-	-	-	-	9	12	11	10	9	8
Net cash (used in) provided by financing activities	-373	2,024	-585	-320	-	-775	-	-	-478	140	-262	-576	-447	756	-433
Effect of foreign currency exchange rate changes on cash and cash equivalents	-	-	-	-	-	-	-	-	-	-	-	-	-28	-4	-37
Net change during the period	-	-	-	-	-	-	-	-	-	-	286	12	-105	-110	26
Interest payments, net of amounts capitalized	129	135	323	290	710	230	215	211	191	195	188	175	175	265	284
Income Taxes Paid, Net	87	130	110	115	85	102	126	162	155	95	102	113	192	358	110
Restructuring payments including associated costs	-	-	-	107	108	98	66	49	12	91	74	28	22	19	58
Stock Issued	-	-	19	19	33	37	38	22	24	22	24	28	23	24	25
Accrued capital expenditures	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33