Berry Global Group (BERY) Financials

$68.37 +1.29 (+1.92%)

Closing price 04/14/2025 03:58 PM Eastern

Extended Trading

$68.56 +0.19 (+0.29%)

As of 08:19 AM Eastern

Annual Income Statements for Berry Global Group

This table shows Berry Global Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	86	236	340	496	404	559	733	766	609	516
Consolidated Net Income / (Loss)	86	236	340	496	404	559	733	766	609	516
Net Income / (Loss) Continuing Operations	86	236	340	496	404	559	733	766	609	516
Total Pre-Tax Income	122	308	449	477	490	713	905	934	742	611
Total Operating Income	408	581	732	761	974	1,179	1,292	1,242	1,079	937
Total Gross Profit	869	1,287	1,404	1,431	1,619	2,408	2,498	2,372	2,310	2,253
Total Revenue	4,881	6,489	7,095	7,869	8,878	11,709	13,850	14,495	12,664	12,258
Operating Revenue	4,881	6,489	7,095	7,869	8,878	11,709	13,850	14,495	12,664	12,258
Total Cost of Revenue	4,012	5,202	5,691	6,438	7,259	9,301	11,352	12,123	10,354	10,005
Operating Cost of Revenue	4,012	5,202	5,691	6,438	7,259	9,301	11,352	12,123	10,354	10,005
Total Operating Expenses	461	706	672	670	645	1,229	1,206	1,130	1,231	1,316
Selling, General & Admin Expense	357	531	494	480	583	850	867	850	886	892
Amortization Expense	91	143	154	154	194	300	288	257	243	234
Restructuring Charge	13	32	-	36	-132	79	51	23	102	190
Total Other Income / (Expense), net	-286	-273	-283	-284	-484	-466	-387	-308	-337	-326
Interest Expense	94	-	-	-	-	-	-	0.00	0.00	0.00
Interest & Investment Income	-191	-291	-269	-259	-329	-435	-336	-286	-306	-311
Other Income / (Expense), net	-1.00	18	-14	-25	-155	-31	-51	-22	-31	-15
Income Tax Expense	36	72	109	-19	86	154	172	168	133	95
Basic Earnings per Share	$0.72	$1.95	$2.66	$3.77	$3.08	$4.22	$5.45	$5.87	$5.07	$4.48
Weighted Average Basic Shares Outstanding	119.10M	120.80M	127.60M	131.40M	132.30M	133.50M	135.60M	124.10M	115.50M	115.20M
Diluted Earnings per Share	$0.70	$1.89	$2.56	$3.67	$3.00	$4.14	$5.30	$5.77	$4.95	$4.38
Weighted Average Diluted Shares Outstanding	119.10M	120.80M	127.60M	131.40M	132.30M	133.50M	135.60M	124.10M	115.50M	115.20M
Weighted Average Basic & Diluted Shares Outstanding	119.10M	120.80M	127.60M	131.40M	132.30M	133.50M	135.60M	124.10M	115.50M	115.20M

This table shows Berry Global Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Net Income / (Loss) Attributable to Common Shareholders	207	233	106	174	143	186	59	116	193	148	14
Consolidated Net Income / (Loss)	207	233	106	174	143	186	59	116	193	148	14
Net Income / (Loss) Continuing Operations	207	233	106	174	143	186	65	116	193	148	81
Total Pre-Tax Income	259	253	138	221	178	205	79	131	231	176	99
Total Operating Income	336	336	210	301	267	301	165	208	303	269	152
Total Gross Profit	621	595	518	606	580	606	430	567	601	611	456
Total Revenue	3,726	3,421	3,060	3,288	3,229	3,087	2,333	3,076	3,161	3,168	2,385
Operating Revenue	3,726	3,421	3,060	3,288	3,229	3,087	2,333	3,076	3,161	3,168	2,385
Total Cost of Revenue	3,105	2,826	2,542	2,682	2,649	2,481	1,903	2,509	2,560	2,557	1,929
Operating Cost of Revenue	3,105	2,826	2,542	2,682	2,649	2,481	1,903	2,509	2,560	2,557	1,929
Total Operating Expenses	285	259	308	305	313	305	265	359	298	342	304
Selling, General & Admin Expense	215	193	236	220	215	215	206	213	216	228	223
Amortization Expense	63	61	60	60	61	62	47	59	58	57	46
Restructuring Charge	7.00	5.00	12	25	37	28	12	87	24	57	35
Total Other Income / (Expense), net	-77	-83	-72	-80	-89	-96	-86	-77	-72	-93	-53
Interest & Investment Income	-70	-74	-71	-79	-78	-78	-71	-76	-77	-86	-75
Other Income / (Expense), net	-7.00	-9.00	-1.00	-1.00	-11	-18	-15	-1.00	5.00	-7.00	22
Income Tax Expense	52	20	32	47	35	19	14	15	38	28	18
Net Income / (Loss) Discontinued Operations	-	-	-	-	-	-	-6.00	-	-	-	-67
Basic Earnings per Share	$1.61	$1.84	$0.86	$1.44	$1.20	$1.57	$0.51	$1.00	$1.69	$1.28	$0.12
Weighted Average Basic Shares Outstanding	125.10M	124.10M	121.40M	119.20M	118.10M	115.50M	115.90M	114.40M	114.60M	115.20M	115.80M
Diluted Earnings per Share	$1.58	$1.82	$0.85	$1.42	$1.18	$1.50	$0.50	$0.98	$1.65	$1.25	$0.12
Weighted Average Diluted Shares Outstanding	125.10M	124.10M	121.40M	119.20M	118.10M	115.50M	115.90M	114.40M	114.60M	115.20M	115.80M
Weighted Average Basic & Diluted Shares Outstanding	125.10M	124.10M	121.40M	119.20M	118.10M	115.50M	115.90M	114.40M	114.60M	115.20M	115.80M

This table details how cash moves in and out of Berry Global Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	99	95	-17	75	369	0.00	341	319	-207	-108
Net Cash From Operating Activities	637	857	975	1,004	1,201	1,530	1,580	1,563	1,615	1,405
Net Cash From Continuing Operating Activities	637	857	975	1,004	1,201	1,530	1,580	1,563	1,615	1,405
Net Income / (Loss) Continuing Operations	86	236	340	496	404	559	733	766	609	516
Consolidated Net Income / (Loss)	86	236	340	496	404	559	733	766	609	516
Depreciation Expense	259	382	367	384	419	545	566	562	575	623
Amortization Expense	97	152	163	158	195	327	320	263	182	155
Non-Cash Adjustments To Reconcile Net Income	117	11	45	69	7.00	75	89	17	64	125
Changes in Operating Assets and Liabilities, net	78	76	60	-103	176	24	-128	-45	185	-14
Net Cash From Investing Activities	-165	-2,579	-774	-1,035	-6,251	-316	-511	-483	-776	-572
Net Cash From Continuing Investing Activities	-165	-2,579	-774	-1,035	-6,251	-316	-511	-483	-776	-572
Purchase of Property, Plant & Equipment	-180	-288	-269	-333	-399	-583	-676	-687	-689	-551
Acquisitions	-3.00	-2,283	-515	-702	-6,178	-14	0.00	0.00	-87	-68
Divestitures	-	-	0.00	0.00	326	0.00	165	128	0.00	47
Sale and/or Maturity of Investments	-	-	-	0.00	0.00	281	0.00	76	0.00	0.00
Net Cash From Financing Activities	-365	1,817	-226	113	5,426	-1,220	-741	-704	-1,071	-966
Net Cash From Continuing Financing Activities	-365	1,817	-226	113	5,426	-1,220	-741	-704	-1,071	-966
Repayment of Debt	-1,037	-564	-641	-338	-1,301	-2,452	-3,517	-22	-875	-3,905
Repurchase of Common Equity	-	0.00	0.00	-33	-74	0.00	0.00	-709	-601	-120
Payment of Dividends	0.00	-78	-	-	-	-	0.00	0.00	-127	-139
Issuance of Debt	693	2,490	495	498	6,784	1,202	2,716	0.00	496	3,150
Issuance of Common Equity	18	26	31	23	55	30	60	27	36	48
Effect of Exchange Rate Changes	-8.00	0.00	8.00	-7.00	-7.00	6.00	-	-57	25	25

This table details how cash moves in and out of Berry Global Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Net Change in Cash & Equivalents	-95	883	-693	-21	-63	570	-696	-13	15	586	86
Net Cash From Operating Activities	359	1,218	-233	401	322	1,125	-199	199	297	1,108	-478
Net Cash From Continuing Operating Activities	359	1,218	-233	401	322	1,125	-168	199	297	1,108	-372
Net Income / (Loss) Continuing Operations	207	233	106	174	143	186	65	116	193	148	81
Consolidated Net Income / (Loss)	207	233	106	174	143	186	59	116	193	148	14
Net Income / (Loss) Discontinued Operations	-	-	-	-	-	-	-6.00	-	-	-	-67
Depreciation Expense	140	138	139	140	146	150	123	155	154	160	124
Amortization Expense	66	56	47	46	43	46	27	37	38	39	34
Non-Cash Adjustments To Reconcile Net Income	87	-84	20	18	-78	104	32	24	53	16	-2.00
Changes in Operating Assets and Liabilities, net	-141	875	-545	23	68	639	-415	-133	-141	745	-609
Net Cash From Discontinued Operating Activities	-	-	-	-	-	-	-31	-	-	-	-106
Net Cash From Investing Activities	-61	-58	-211	-262	-175	-128	-183	-103	-208	-78	-191
Net Cash From Continuing Investing Activities	-61	-58	-211	-262	-175	-128	-168	-103	-208	-78	-182
Purchase of Property, Plant & Equipment	-189	-131	-211	-174	-175	-129	-168	-150	-140	-78	-134
Acquisitions	3.00	-6.00	0.00	-	-	1.00	0.00	-	-	-	-48
Net Cash From Discontinued Investing Activities	-	-	-	-	-	-	-15	-	-	-	-9.00
Net Cash From Financing Activities	-365	-245	-278	-174	-214	-405	-342	-94	-65	-465	799
Net Cash From Continuing Financing Activities	-365	-245	-278	-174	-214	-405	-342	-94	-65	-465	799
Repayment of Debt	-7.00	-6.00	-84	-488	-108	-195	-1,862	-790	-811	-442	-145
Repurchase of Common Equity	-286	-72	-166	-167	-82	-186	-7.00	-81	-29	-3.00	0.00
Payment of Dividends	-	-	-33	-32	-32	-30	-36	-34	-34	-35	-36
Issuance of Debt	-74	-170	0.00	500	-	-4.00	1,550	800	800	-	1,585
Issuance of Common Equity	2.00	3.00	5.00	13	8.00	10	13	11	9.00	15	19
Other Financing Activities, net	-	-	-	-	-	-	0.00	-	-	-	-624
Effect of Exchange Rate Changes	-28	-32	29	14	4.00	-22	28	-15	-9.00	21	-44

This table presents Berry Global Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	5,028	7,653	8,476	9,131	16,469	16,701	17,882	16,956	16,587	16,613
Total Current Assets	1,383	1,792	2,004	2,285	3,757	3,817	5,094	5,164	4,533	4,574
Cash & Equivalents	228	323	306	381	750	750	1,091	1,410	1,203	865
Accounts Receivable	434	704	847	941	1,526	1,469	1,879	1,777	1,568	1,269
Inventories, net	522	660	762	-	1,324	-	1,907	1,802	1,557	1,371
Prepaid Expenses	37	105	89	76	157	330	217	175	205	184
Other Current Assets	-	-	-	887	0.00	1,268	-	-	-	0.00
Other Current Nonoperating Assets	-	-	-	-	-	-	-	-	-	885
Plant, Property, & Equipment, net	1,294	2,224	2,366	2,488	4,714	4,561	4,677	4,342	4,576	3,627
Total Noncurrent Assets	2,351	3,637	4,106	4,358	7,998	8,323	8,111	7,450	7,478	8,412
Goodwill	2,349	3,606	4,061	4,284	7,831	7,670	7,434	6,685	6,684	5,588
Other Noncurrent Operating Assets	2.00	31	45	74	167	653	677	765	794	774
Other Noncurrent Nonoperating Assets	-	-	-	-	-	-	-	-	-	2,050
Total Liabilities & Shareholders' Equity	5,028	7,653	8,476	9,131	16,469	16,701	17,882	16,956	16,587	16,613
Total Liabilities	5,081	7,432	7,461	7,697	14,851	14,609	14,702	13,760	13,371	13,005
Total Current Liabilities	705	1,031	1,134	1,237	2,039	2,183	3,186	2,844	2,713	3,672
Short-Term Debt	37	43	33	38	104	75	21	13	10	810
Accounts Payable	330	539	638	783	1,159	1,115	2,041	1,795	1,528	1,471
Current Employee Benefit Liabilities	-	-	-	113	214	324	336	253	273	267
Other Current Liabilities	-	-	-	303	562	669	788	783	902	713
Other Current Nonoperating Liabilities	-	-	-	-	0.00	-	-	-	-	411
Total Noncurrent Liabilities	4,376	6,401	6,327	6,460	12,812	12,426	11,516	10,916	10,658	9,333
Long-Term Debt	3,648	5,712	5,608	5,806	11,261	10,162	9,439	9,242	8,970	7,505
Noncurrent Deferred & Payable Income Tax Liabilities	387	272	419	365	803	601	568	707	573	457
Noncurrent Employee Benefit Liabilities	-	-	-	45	327	368	276	160	193	152
Other Noncurrent Operating Liabilities	341	417	300	244	421	1,295	1,233	807	922	1,074
Other Noncurrent Nonoperating Liabilities	-	-	-	-	-	-	-	-	-	145
Total Equity & Noncontrolling Interests	-65	221	1,015	1,434	1,618	2,092	3,180	3,196	3,216	3,608
Total Preferred & Common Equity	-68	218	1,012	1,434	1,618	2,092	3,180	3,196	3,216	3,608
Total Common Equity	-68	218	1,012	1,434	1,618	2,092	3,180	3,196	3,216	3,608
Common Stock	407	450	824	871	950	1,035	1,135	1,178	1,232	1,322
Retained Earnings	-356	-84	256	719	1,054	1,608	2,341	2,421	2,320	2,581
Accumulated Other Comprehensive Income / (Loss)	-119	-148	-68	-156	-386	-551	-296	-403	-336	-295

This table presents Berry Global Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Total Assets	16,885	16,451	16,613	16,549	16,144	15,981	15,988	13,577
Total Current Assets	4,716	4,469	4,531	4,340	3,950	4,064	4,136	4,099
Cash & Equivalents	527	717	696	633	507	494	509	1,181
Accounts Receivable	1,974	1,617	1,751	1,748	1,497	1,590	1,630	1,089
Inventories, net	1,978	1,901	1,864	1,730	1,689	1,694	1,679	1,328
Prepaid Expenses	237	234	220	229	257	286	318	210
Other Current Assets	-	-	-	-	-	-	-	291
Other Current Nonoperating Assets	-	-	-	-	-	-	-	0.00
Plant, Property, & Equipment, net	4,560	4,523	4,612	4,651	4,662	4,576	4,558	3,483
Total Noncurrent Assets	7,609	7,459	7,470	7,558	7,532	7,341	7,294	5,995
Goodwill	6,942	6,816	6,866	6,830	6,758	6,589	6,558	5,307
Other Noncurrent Operating Assets	667	643	604	728	774	752	736	688
Other Noncurrent Nonoperating Assets	-	-	-	-	-	-	-	0.00
Total Liabilities & Shareholders' Equity	16,885	16,451	16,613	16,549	16,144	15,981	15,988	13,577
Total Liabilities	13,776	13,192	13,318	13,162	12,816	12,687	12,617	11,371
Total Current Liabilities	2,630	2,255	2,320	2,325	2,370	2,341	2,268	2,549
Short-Term Debt	15	12	12	12	25	24	23	740
Accounts Payable	1,518	1,208	1,350	1,159	1,131	1,332	1,242	845
Current Employee Benefit Liabilities	260	231	243	245	243	224	234	175
Other Current Liabilities	837	804	715	909	971	761	769	751
Other Current Nonoperating Liabilities	-	-	-	-	-	-	-	38
Total Noncurrent Liabilities	11,146	10,937	10,998	10,837	10,446	10,346	10,349	8,822
Long-Term Debt	9,488	9,260	9,295	9,200	8,703	8,690	8,676	7,389
Noncurrent Deferred & Payable Income Tax Liabilities	606	616	575	552	492	495	453	411
Noncurrent Employee Benefit Liabilities	223	166	162	157	202	193	186	136
Other Noncurrent Operating Liabilities	829	895	966	928	1,049	968	1,034	886
Other Noncurrent Nonoperating Liabilities	-	-	-	-	-	-	-	0.00
Total Equity & Noncontrolling Interests	3,109	3,259	3,295	3,387	3,328	3,294	3,371	2,206
Total Preferred & Common Equity	3,109	3,259	3,295	3,387	3,328	3,294	3,371	2,206
Total Common Equity	3,109	3,259	3,295	3,387	3,328	3,294	3,371	2,206
Common Stock	1,172	1,200	1,215	1,223	1,266	1,280	1,295	1,361
Retained Earnings	2,258	2,322	2,314	2,344	2,336	2,340	2,471	1,120
Accumulated Other Comprehensive Income / (Loss)	-321	-263	-234	-180	-274	-326	-395	-275

This table displays calculated financial ratios and metrics derived from Berry Global Group's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.55%	32.94%	9.34%	10.91%	12.82%	31.89%	18.29%	4.66%	-12.63%	-3.21%
EBITDA Growth	12.04%	48.49%	10.15%	2.40%	12.13%	40.96%	5.30%	-3.86%	-11.74%	-5.82%
EBIT Growth	26.01%	47.17%	19.87%	2.51%	11.28%	40.17%	8.10%	-1.69%	-14.10%	-12.02%
NOPAT Growth	-3.21%	54.79%	24.51%	42.76%	1.48%	15.10%	13.21%	-2.66%	-13.06%	-10.65%
Net Income Growth	38.71%	174.42%	44.07%	45.88%	-18.55%	38.37%	31.13%	4.50%	-20.50%	-15.27%
EPS Growth	37.25%	170.00%	35.45%	43.36%	-18.26%	38.00%	28.02%	8.87%	-14.21%	-11.52%
Operating Cash Flow Growth	20.19%	34.54%	13.77%	2.97%	19.62%	27.39%	3.27%	-1.08%	3.33%	-13.00%
Free Cash Flow Firm Growth	138.32%	-424.66%	92.09%	271.21%	-1,955.39%	134.82%	-31.80%	41.82%	-38.84%	2.43%
Invested Capital Growth	-7.30%	66.07%	12.33%	8.61%	77.37%	-5.35%	-0.26%	-4.40%	-0.43%	-1.50%
Revenue Q/Q Growth	-2.28%	6.96%	3.85%	2.25%	12.20%	-0.09%	5.01%	-1.68%	-2.57%	0.67%
EBITDA Q/Q Growth	1.19%	8.32%	4.70%	-1.46%	26.26%	-3.95%	-0.61%	-0.29%	-2.27%	-1.05%
EBIT Q/Q Growth	3.30%	7.93%	7.65%	-2.26%	35.82%	-6.36%	-1.43%	1.75%	-4.03%	-2.23%
NOPAT Q/Q Growth	4.13%	17.74%	4.27%	7.45%	14.45%	-3.66%	1.91%	-0.22%	-4.26%	-5.66%
Net Income Q/Q Growth	28.36%	14.01%	10.75%	4.86%	31.17%	-5.73%	4.71%	0.66%	-7.16%	-6.86%
EPS Q/Q Growth	0.00%	14.55%	8.47%	4.86%	29.87%	-5.91%	3.72%	3.59%	-6.07%	-5.40%
Operating Cash Flow Q/Q Growth	15.40%	5.54%	12.07%	5.57%	17.86%	-4.91%	8.00%	54.29%	-5.45%	-1.20%
Free Cash Flow Firm Q/Q Growth	11.97%	2.96%	-15.66%	-13.19%	-639.21%	139.62%	18.71%	96.02%	-10.58%	-23.11%
Invested Capital Q/Q Growth	-4.70%	-2.69%	-1.76%	-0.32%	80.43%	-1.23%	-2.48%	-8.64%	-8.13%	-6.34%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	17.80%	19.83%	19.79%	18.19%	18.24%	20.57%	18.04%	16.36%	18.24%	18.38%
EBITDA Margin	15.63%	17.46%	17.59%	16.24%	16.14%	17.25%	15.36%	14.11%	14.25%	13.87%
Operating Margin	8.36%	8.95%	10.32%	9.67%	10.97%	10.07%	9.33%	8.57%	8.52%	7.64%
EBIT Margin	8.34%	9.23%	10.12%	9.35%	9.23%	9.80%	8.96%	8.42%	8.28%	7.52%
Profit (Net Income) Margin	1.76%	3.64%	4.79%	6.30%	4.55%	4.77%	5.29%	5.28%	4.81%	4.21%
Tax Burden Percent	70.49%	76.62%	75.72%	103.98%	82.45%	78.40%	80.99%	82.01%	82.08%	84.45%
Interest Burden Percent	29.98%	51.42%	62.53%	64.81%	59.83%	62.11%	72.93%	76.56%	70.80%	66.27%
Effective Tax Rate	29.51%	23.38%	24.28%	-3.98%	17.55%	21.60%	19.01%	17.99%	17.92%	15.55%
Return on Invested Capital (ROIC)	8.13%	9.83%	9.24%	11.95%	8.40%	7.76%	9.05%	9.02%	8.04%	7.25%
ROIC Less NNEP Spread (ROIC-NNEP)	2.55%	5.12%	5.26%	6.48%	3.43%	4.13%	5.54%	5.90%	4.50%	3.58%
Return on Net Nonoperating Assets (RNNOA)	-119.82%	271.12%	45.78%	28.56%	18.08%	22.37%	18.76%	15.01%	10.96%	7.87%
Return on Equity (ROE)	-111.69%	280.95%	55.02%	40.51%	26.47%	30.13%	27.81%	24.03%	19.00%	15.12%
Cash Return on Invested Capital (CROIC)	15.70%	-39.83%	-2.38%	3.69%	-47.39%	13.26%	9.31%	13.52%	8.47%	8.77%
Operating Return on Assets (OROA)	7.92%	9.45%	8.90%	8.36%	6.40%	6.92%	7.18%	7.00%	6.25%	5.55%
Return on Assets (ROA)	1.67%	3.72%	4.22%	5.63%	3.16%	3.37%	4.24%	4.40%	3.63%	3.11%
Return on Common Equity (ROCE)	-134.17%	250.85%	54.75%	40.46%	26.47%	30.13%	27.81%	24.03%	19.00%	15.12%
Return on Equity Simple (ROE_SIMPLE)	-126.47%	108.26%	33.60%	34.59%	24.97%	26.72%	23.05%	23.97%	18.94%	14.30%
Net Operating Profit after Tax (NOPAT)	288	445	554	791	803	924	1,046	1,019	886	791
NOPAT Margin	5.89%	6.86%	7.81%	10.06%	9.05%	7.89%	7.56%	7.03%	6.99%	6.46%
Net Nonoperating Expense Percent (NNEP)	5.58%	4.71%	3.98%	5.47%	4.96%	3.64%	3.51%	3.12%	3.54%	3.67%
Cost of Revenue to Revenue	82.20%	80.17%	80.21%	81.81%	81.76%	79.43%	81.96%	83.64%	81.76%	81.62%
SG&A Expenses to Revenue	7.31%	8.18%	6.96%	6.10%	6.57%	7.26%	6.26%	5.86%	7.00%	7.28%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	9.44%	10.88%	9.47%	8.51%	7.27%	10.50%	8.71%	7.80%	9.72%	10.74%
Earnings before Interest and Taxes (EBIT)	407	599	718	736	819	1,148	1,241	1,220	1,048	922
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	763	1,133	1,248	1,278	1,433	2,020	2,127	2,045	1,805	1,700
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	23.73	7.08	4.32	3.11	2.92	2.53	1.62	2.05	2.01
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.72	0.80	1.01	0.79	0.57	0.52	0.58	0.36	0.52	0.59
Price to Earnings (P/E)	40.94	21.92	21.08	12.48	12.47	10.92	10.98	6.74	10.83	14.05
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.79%	1.74%
Earnings Yield	2.44%	4.56%	4.74%	8.02%	8.02%	9.16%	9.11%	14.83%	9.23%	7.12%
Enterprise Value to Invested Capital (EV/IC)	2.05	1.88	1.97	1.69	1.28	1.35	1.42	1.18	1.31	1.34
Enterprise Value to Revenue (EV/Rev)	1.43	1.63	1.76	1.48	1.76	1.33	1.19	0.90	1.14	1.18
Enterprise Value to EBITDA (EV/EBITDA)	9.16	9.36	10.02	9.12	10.92	7.72	7.72	6.36	7.96	8.51
Enterprise Value to EBIT (EV/EBIT)	17.18	17.71	17.42	15.83	19.11	13.58	13.23	10.66	13.72	15.69
Enterprise Value to NOPAT (EV/NOPAT)	24.31	23.83	22.56	14.72	19.49	16.86	15.69	12.77	16.23	18.28
Enterprise Value to Operating Cash Flow (EV/OCF)	10.98	12.38	12.83	11.60	13.03	10.19	10.39	8.32	8.90	10.30
Enterprise Value to Free Cash Flow (EV/FCFF)	12.59	0.00	0.00	47.69	0.00	9.88	15.25	8.52	15.40	15.13
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-69.53	26.04	5.56	4.08	7.02	4.89	2.97	2.90	2.79	2.30
Long-Term Debt to Equity	-68.83	25.85	5.53	4.05	6.96	4.86	2.97	2.89	2.79	2.08
Financial Leverage	-46.95	52.91	8.71	4.41	5.27	5.42	3.39	2.54	2.44	2.20
Leverage Ratio	-66.75	75.48	13.05	7.19	8.39	8.94	6.56	5.46	5.23	4.87
Compound Leverage Factor	-20.01	38.81	8.16	4.66	5.02	5.55	4.78	4.18	3.70	3.22
Debt to Total Capital	101.46%	96.30%	84.75%	80.30%	87.54%	83.03%	74.84%	74.33%	73.63%	69.74%
Short-Term Debt to Total Capital	1.02%	0.72%	0.50%	0.52%	0.80%	0.61%	0.17%	0.10%	0.08%	6.79%
Long-Term Debt to Total Capital	100.44%	95.58%	84.25%	79.77%	86.74%	82.42%	74.68%	74.23%	73.55%	62.95%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.41%	0.05%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-1.87%	3.65%	15.20%	19.70%	12.46%	16.97%	25.16%	25.67%	26.37%	30.26%
Debt to EBITDA	4.83	5.08	4.52	4.57	7.93	5.07	4.45	4.53	4.98	4.89
Net Debt to EBITDA	4.53	4.79	4.27	4.27	7.41	4.70	3.93	3.84	4.31	4.25
Long-Term Debt to EBITDA	4.78	5.04	4.49	4.54	7.86	5.03	4.44	4.52	4.97	4.41
Debt to NOPAT	12.81	12.93	10.18	7.39	14.15	11.07	9.04	9.09	10.14	10.51
Net Debt to NOPAT	12.02	12.20	9.62	6.90	13.22	10.26	8.00	7.70	8.78	9.12
Long-Term Debt to NOPAT	12.68	12.83	10.12	7.34	14.02	10.99	9.02	9.07	10.13	9.48
Altman Z-Score	1.72	1.63	1.86	1.86	1.12	1.43	1.64	1.68	1.60	1.54
Noncontrolling Interest Sharing Ratio	-20.13%	10.71%	0.49%	0.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.96	1.74	1.77	1.85	1.84	1.75	1.60	1.82	1.67	1.25
Quick Ratio	0.94	1.00	1.02	1.07	1.12	1.02	0.93	1.12	1.02	0.74
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	556	-1,804	-143	244	-4,533	1,578	1,076	1,527	934	956
Operating Cash Flow to CapEx	393.21%	302.83%	370.72%	301.50%	301.00%	262.44%	233.73%	227.51%	234.40%	254.99%
Free Cash Flow to Firm to Interest Expense	5.91	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	6.78	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	5.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.95	1.02	0.88	0.89	0.69	0.71	0.80	0.83	0.76	0.74
Accounts Receivable Turnover	10.55	11.40	9.15	8.80	7.20	7.82	8.27	7.93	7.57	7.73
Inventory Turnover	7.13	8.80	8.00	0.00	0.00	0.00	0.00	6.54	6.16	6.28
Fixed Asset Turnover	3.67	3.69	3.09	3.24	2.47	2.52	3.00	3.21	2.84	2.68
Accounts Payable Turnover	11.07	11.97	9.67	9.06	7.48	8.18	7.19	6.32	6.23	6.07
Days Sales Outstanding (DSO)	34.59	32.01	39.90	41.47	50.71	46.68	44.12	46.03	48.20	47.23
Days Inventory Outstanding (DIO)	51.22	41.47	45.60	0.00	0.00	0.00	0.00	55.84	59.21	58.15
Days Payable Outstanding (DPO)	32.98	30.49	37.74	40.28	48.82	44.62	50.74	57.75	58.57	60.09
Cash Conversion Cycle (CCC)	52.83	42.99	47.75	1.19	1.89	2.06	-6.62	44.12	48.84	45.29
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,404	5,653	6,350	6,897	12,233	11,579	11,549	11,041	10,993	10,828
Invested Capital Turnover	1.38	1.43	1.18	1.19	0.93	0.98	1.20	1.28	1.15	1.12
Increase / (Decrease) in Invested Capital	-268	2,249	697	547	5,336	-654	-30	-508	-48	-165
Enterprise Value (EV)	6,993	10,608	12,505	11,651	15,655	15,589	16,416	13,010	14,374	14,468
Market Capitalization	3,521	5,173	7,167	6,188	5,040	6,102	8,047	5,165	6,597	7,248
Book Value per Share	($0.57)	$1.79	$7.76	$10.88	$12.25	$15.78	$23.50	$25.55	$27.23	$31.48
Tangible Book Value per Share	($20.18)	($27.86)	($23.38)	($21.62)	($47.03)	($42.07)	($31.44)	($27.89)	($29.36)	($26.32)
Total Capital	3,632	5,976	6,656	7,278	12,983	12,329	12,640	12,451	12,196	11,923
Total Debt	3,685	5,755	5,641	5,844	11,365	10,237	9,460	9,255	8,980	8,315
Total Long-Term Debt	3,648	5,712	5,608	5,806	11,261	10,162	9,439	9,242	8,970	7,505
Net Debt	3,457	5,432	5,335	5,463	10,615	9,487	8,369	7,845	7,777	7,220
Capital Expenditures (CapEx)	162	283	263	333	399	583	676	687	689	551
Debt-free, Cash-free Net Working Capital (DFCFNWC)	487	481	597	705	1,072	959	838	923	627	617
Debt-free Net Working Capital (DFNWC)	715	804	903	1,086	1,822	1,709	1,929	2,333	1,830	1,712
Net Working Capital (NWC)	678	761	870	1,048	1,718	1,634	1,908	2,320	1,820	902
Net Nonoperating Expense (NNE)	202	209	214	295	399	365	313	253	277	275
Net Nonoperating Obligations (NNO)	3,457	5,432	5,335	5,463	10,615	9,487	8,369	7,845	7,777	7,220
Total Depreciation and Amortization (D&A)	356	534	530	542	614	872	886	825	757	778
Debt-free, Cash-free Net Working Capital to Revenue	9.98%	7.41%	8.41%	8.96%	12.07%	8.19%	6.05%	6.37%	4.95%	5.03%
Debt-free Net Working Capital to Revenue	14.65%	12.39%	12.73%	13.80%	20.52%	14.60%	13.93%	16.10%	14.45%	13.97%
Net Working Capital to Revenue	13.89%	11.73%	12.26%	13.32%	19.35%	13.96%	13.78%	16.01%	14.37%	7.36%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.72	$1.95	$2.66	$3.77	$3.08	$4.22	$5.45	$5.87	$5.07	$4.48
Adjusted Weighted Average Basic Shares Outstanding	120M	122M	131M	131.20M	132.30M	133.50M	135.60M	124.10M	115.50M	115.20M
Adjusted Diluted Earnings per Share	$0.70	$1.89	$2.56	$3.67	$3.00	$4.14	$5.30	$5.77	$4.95	$4.38
Adjusted Weighted Average Diluted Shares Outstanding	120M	122M	131M	131.20M	132.30M	133.50M	135.60M	124.10M	115.50M	115.20M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	120M	122M	131M	131.20M	132.30M	133.50M	135.60M	124.10M	115.50M	115.20M
Normalized Net Operating Profit after Tax (NOPAT)	297	470	572	558	694	986	1,088	1,037	969	952
Normalized NOPAT Margin	6.08%	7.24%	8.07%	7.09%	7.82%	8.42%	7.85%	7.16%	7.65%	7.76%
Pre Tax Income Margin	2.50%	4.75%	6.33%	6.06%	5.52%	6.09%	6.53%	6.44%	5.86%	4.98%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.33	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	3.06	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	2.61	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	1.34	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	33.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	20.85%	26.94%
Augmented Payout Ratio	0.00%	33.05%	0.00%	6.65%	18.32%	0.00%	0.00%	92.56%	119.54%	50.19%

This table displays calculated financial ratios and metrics derived from Berry Global Group's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.39%	-6.76%	-14.36%	-12.90%	-13.34%	-9.76%	-23.76%	-6.45%	-2.11%	2.62%	2.23%
EBITDA Growth	-2.90%	-1.14%	-10.84%	-10.99%	-16.82%	-8.06%	-24.05%	-17.90%	12.36%	-3.76%	10.67%
EBIT Growth	0.00%	6.86%	-8.73%	-10.45%	-22.19%	-13.46%	-28.23%	-31.00%	20.31%	-7.42%	16.00%
NOPAT Growth	2.10%	-1.26%	-8.02%	-10.50%	-20.12%	-11.74%	-15.84%	-22.28%	18.02%	-17.17%	-8.39%
Net Income Growth	6.70%	2.19%	-12.40%	-15.12%	-30.92%	-20.17%	-44.34%	-33.33%	34.97%	-20.43%	-76.27%
EPS Growth	12.86%	12.35%	-2.30%	-5.33%	-25.32%	-17.58%	-41.18%	-30.99%	39.83%	-16.67%	-76.00%
Operating Cash Flow Growth	31.02%	82.34%	23.36%	38.28%	-10.31%	-7.64%	14.59%	-50.37%	-7.76%	-1.51%	-140.20%
Free Cash Flow Firm Growth	-81.44%	138.06%	269.88%	284.32%	1,156.57%	-60.72%	-18.26%	-14.64%	97.35%	21.83%	519.17%
Invested Capital Growth	2.04%	-4.40%	-2.71%	-3.55%	-0.98%	-0.43%	-2.24%	-3.29%	-3.38%	-1.50%	-20.41%
Revenue Q/Q Growth	-1.30%	-8.19%	-10.55%	7.45%	-1.79%	-4.40%	-24.43%	7.82%	2.76%	0.22%	-24.72%
EBITDA Q/Q Growth	-2.01%	-2.62%	-24.18%	23.04%	-8.44%	7.64%	-37.37%	17.35%	25.31%	-7.80%	-27.98%
EBIT Q/Q Growth	-1.79%	-0.61%	-36.09%	43.54%	-14.67%	10.55%	-47.00%	42.76%	48.79%	-14.94%	-33.59%
NOPAT Q/Q Growth	1.42%	15.23%	-47.87%	46.92%	-9.49%	27.32%	-50.29%	45.15%	37.45%	-10.65%	-45.02%
Net Income Q/Q Growth	0.98%	12.56%	-54.51%	64.15%	-17.82%	30.07%	-68.28%	96.61%	66.38%	-23.32%	-90.54%
EPS Q/Q Growth	5.33%	15.19%	-53.30%	67.06%	-16.90%	27.12%	-66.67%	96.00%	68.37%	-24.24%	-90.40%
Operating Cash Flow Q/Q Growth	23.79%	239.28%	-119.13%	272.10%	-19.70%	249.38%	-117.69%	200.00%	49.25%	273.06%	-143.14%
Free Cash Flow Firm Q/Q Growth	107.25%	2,979.96%	-40.02%	37.67%	-50.59%	-3.72%	24.81%	47.03%	14.23%	-40.56%	534.29%
Invested Capital Q/Q Growth	-2.10%	-8.64%	7.00%	0.78%	0.50%	-8.13%	5.06%	-0.30%	0.41%	-6.34%	-15.11%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	16.67%	17.39%	16.93%	18.43%	17.96%	19.63%	18.43%	18.43%	19.01%	19.29%	19.12%
EBITDA Margin	14.36%	15.23%	12.91%	14.78%	13.78%	15.52%	12.86%	12.97%	15.82%	14.55%	13.92%
Operating Margin	9.02%	9.82%	6.86%	9.15%	8.27%	9.75%	7.07%	6.76%	9.59%	8.49%	6.37%
EBIT Margin	8.83%	9.56%	6.83%	9.12%	7.93%	9.17%	6.43%	6.73%	9.74%	8.27%	7.30%
Profit (Net Income) Margin	5.56%	6.81%	3.46%	5.29%	4.43%	6.03%	2.53%	3.77%	6.11%	4.67%	0.59%
Tax Burden Percent	79.92%	92.09%	76.81%	78.73%	80.34%	90.73%	74.68%	88.55%	83.55%	84.09%	14.14%
Interest Burden Percent	78.72%	77.37%	66.03%	73.67%	69.53%	72.44%	52.67%	63.29%	75.00%	67.18%	56.90%
Effective Tax Rate	20.08%	7.91%	23.19%	21.27%	19.66%	9.27%	17.72%	11.45%	16.45%	15.91%	18.18%
Return on Invested Capital (ROIC)	8.88%	11.61%	6.15%	8.02%	7.18%	10.17%	5.95%	6.26%	8.29%	8.02%	6.19%
ROIC Less NNEP Spread (ROIC-NNEP)	8.19%	10.67%	5.52%	7.31%	6.37%	9.05%	5.03%	5.45%	7.57%	6.98%	4.74%
Return on Net Nonoperating Assets (RNNOA)	24.14%	27.12%	14.65%	19.48%	17.20%	22.06%	12.81%	13.92%	18.79%	15.34%	13.02%
Return on Equity (ROE)	33.03%	38.73%	20.81%	27.50%	24.38%	32.23%	18.76%	20.19%	27.08%	23.36%	19.21%
Cash Return on Invested Capital (CROIC)	6.51%	13.52%	11.14%	11.68%	8.68%	8.47%	9.63%	10.19%	10.57%	8.77%	30.24%
Operating Return on Assets (OROA)	7.55%	7.95%	5.65%	7.21%	6.16%	6.92%	4.71%	5.06%	7.29%	6.11%	6.04%
Return on Assets (ROA)	4.75%	5.67%	2.87%	4.18%	3.44%	4.55%	1.85%	2.83%	4.57%	3.45%	0.49%
Return on Common Equity (ROCE)	33.03%	38.73%	20.81%	27.50%	24.38%	32.23%	18.76%	20.19%	27.08%	23.36%	19.21%
Return on Equity Simple (ROE_SIMPLE)	24.48%	0.00%	23.04%	21.85%	19.37%	0.00%	16.89%	15.30%	16.43%	0.00%	21.35%
Net Operating Profit after Tax (NOPAT)	269	309	161	237	215	273	136	184	253	226	124
NOPAT Margin	7.21%	9.05%	5.27%	7.21%	6.64%	8.85%	5.82%	5.99%	8.01%	7.14%	5.21%
Net Nonoperating Expense Percent (NNEP)	0.69%	0.94%	0.64%	0.71%	0.81%	1.12%	0.92%	0.81%	0.72%	1.04%	1.45%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	1.13%	-	-	-	1.20%
Cost of Revenue to Revenue	83.33%	82.61%	83.07%	81.57%	82.04%	80.37%	81.57%	81.57%	80.99%	80.71%	80.88%
SG&A Expenses to Revenue	5.77%	5.64%	7.71%	6.69%	6.66%	6.96%	8.83%	6.92%	6.83%	7.20%	9.35%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	7.65%	7.57%	10.07%	9.28%	9.69%	9.88%	11.36%	11.67%	9.43%	10.80%	12.75%
Earnings before Interest and Taxes (EBIT)	329	327	209	300	256	283	150	207	308	262	174
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	535	521	395	486	445	479	300	399	500	461	332
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.25	1.62	2.24	2.12	2.23	2.05	2.16	2.12	2.00	2.01	3.40
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.48	0.36	0.52	0.52	0.58	0.52	0.60	0.57	0.55	0.59	0.61
Price to Earnings (P/E)	9.21	6.74	9.73	9.72	11.49	10.83	12.78	13.84	12.15	14.05	15.90
Dividend Yield	0.00%	0.00%	0.42%	0.87%	1.19%	1.79%	1.69%	1.74%	1.83%	1.74%	10.67%
Earnings Yield	10.86%	14.83%	10.28%	10.29%	8.70%	9.23%	7.83%	7.22%	8.23%	7.12%	6.29%
Enterprise Value to Invested Capital (EV/IC)	1.32	1.18	1.34	1.31	1.35	1.31	1.33	1.32	1.29	1.34	1.57
Enterprise Value to Revenue (EV/Rev)	1.08	0.90	1.13	1.16	1.24	1.14	1.29	1.24	1.23	1.18	1.17
Enterprise Value to EBITDA (EV/EBITDA)	7.79	6.36	7.94	8.06	8.73	7.96	9.01	9.14	8.69	8.51	8.34
Enterprise Value to EBIT (EV/EBIT)	13.33	10.66	13.22	13.40	14.76	13.72	15.57	17.06	15.82	15.69	15.26
Enterprise Value to NOPAT (EV/NOPAT)	15.66	12.77	15.79	15.96	17.42	16.23	17.91	18.97	17.79	18.28	18.53
Enterprise Value to Operating Cash Flow (EV/OCF)	15.78	8.32	9.71	8.94	9.44	8.90	9.34	10.50	10.49	10.30	12.82
Enterprise Value to Free Cash Flow (EV/FCFF)	20.52	8.52	11.89	11.02	15.44	15.40	13.69	12.74	12.00	15.13	4.60
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	3.06	2.90	2.85	2.82	2.72	2.79	2.62	2.65	2.58	2.30	3.69
Long-Term Debt to Equity	3.05	2.89	2.84	2.82	2.72	2.79	2.62	2.64	2.57	2.08	3.35
Financial Leverage	2.95	2.54	2.66	2.67	2.70	2.44	2.55	2.55	2.48	2.20	2.75
Leverage Ratio	5.68	5.46	5.16	5.16	5.15	5.23	4.95	4.95	4.81	4.87	5.37
Compound Leverage Factor	4.48	4.23	3.40	3.80	3.58	3.79	2.61	3.13	3.61	3.27	3.06
Debt to Total Capital	75.35%	74.33%	73.99%	73.85%	73.12%	73.63%	72.40%	72.57%	72.07%	69.74%	78.66%
Short-Term Debt to Total Capital	0.12%	0.10%	0.10%	0.10%	0.10%	0.08%	0.21%	0.20%	0.19%	6.79%	7.16%
Long-Term Debt to Total Capital	75.23%	74.23%	73.90%	73.76%	73.02%	73.55%	72.19%	72.37%	71.88%	62.95%	71.49%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	24.65%	25.67%	26.01%	26.15%	26.88%	26.37%	27.60%	27.43%	27.93%	30.26%	21.34%
Debt to EBITDA	4.63	4.53	4.64	4.80	4.99	4.98	5.10	5.24	5.06	4.89	4.69
Net Debt to EBITDA	4.38	3.84	4.28	4.45	4.64	4.31	4.81	4.94	4.77	4.25	4.01
Long-Term Debt to EBITDA	4.63	4.52	4.64	4.80	4.98	4.97	5.09	5.23	5.05	4.41	4.27
Debt to NOPAT	9.31	9.09	9.23	9.52	9.96	10.14	10.15	10.88	10.37	10.51	10.43
Net Debt to NOPAT	8.79	7.70	8.51	8.81	9.27	8.78	9.56	10.26	9.76	9.12	8.92
Long-Term Debt to NOPAT	9.29	9.07	9.21	9.51	9.95	10.13	10.12	10.85	10.34	9.48	9.48
Altman Z-Score	1.58	1.51	1.58	1.54	1.52	1.44	1.43	1.47	1.50	1.41	1.60
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.79	1.82	1.98	1.95	1.87	1.67	1.67	1.74	1.82	1.25	1.61
Quick Ratio	0.95	1.12	1.04	1.05	1.02	1.02	0.85	0.89	0.94	0.74	0.89
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	27	817	490	675	334	321	401	576	658	391	2,481
Operating Cash Flow to CapEx	189.95%	929.77%	-110.43%	230.46%	184.00%	872.09%	-118.45%	132.67%	212.14%	1,420.51%	-356.72%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.86	0.83	0.83	0.79	0.78	0.76	0.73	0.75	0.75	0.74	0.83
Accounts Receivable Turnover	7.71	7.93	8.12	7.20	6.98	7.57	7.67	7.33	7.21	7.73	9.52
Inventory Turnover	6.67	6.54	5.90	5.83	5.77	6.16	5.41	5.63	5.83	6.28	6.65
Fixed Asset Turnover	3.17	3.21	3.04	2.91	2.82	2.84	2.60	2.67	2.64	2.68	3.02
Accounts Payable Turnover	8.05	6.32	8.33	7.43	7.99	6.23	8.31	7.47	8.27	6.07	10.15
Days Sales Outstanding (DSO)	47.35	46.03	44.97	50.67	52.26	48.20	47.61	49.79	50.63	47.23	38.34
Days Inventory Outstanding (DIO)	54.75	55.84	61.87	62.63	63.25	59.21	67.44	64.82	62.66	58.15	54.89
Days Payable Outstanding (DPO)	45.33	57.75	43.79	49.10	45.66	58.57	43.94	48.86	44.13	60.09	35.95
Cash Conversion Cycle (CCC)	56.77	44.12	63.05	64.20	69.85	48.84	71.11	65.75	69.15	45.29	57.28
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	12,085	11,041	11,814	11,906	11,966	10,993	11,549	11,514	11,561	10,828	9,192
Invested Capital Turnover	1.23	1.28	1.17	1.11	1.08	1.15	1.02	1.05	1.04	1.12	1.19
Increase / (Decrease) in Invested Capital	242	-508	-329	-438	-119	-48	-265	-392	-405	-165	-2,357
Enterprise Value (EV)	15,983	13,010	15,863	15,607	16,115	14,374	15,401	15,197	14,922	14,468	14,438
Market Capitalization	7,007	5,165	7,308	6,996	7,536	6,597	7,180	6,977	6,732	7,248	7,490
Book Value per Share	$23.86	$25.55	$26.26	$27.14	$28.41	$27.23	$28.71	$28.42	$29.47	$31.48	$19.15
Tangible Book Value per Share	($29.42)	($27.89)	($28.66)	($29.42)	($28.88)	($29.36)	($29.59)	($28.43)	($27.86)	($26.32)	($26.92)
Total Capital	12,612	12,451	12,531	12,602	12,599	12,196	12,056	12,008	12,070	11,923	10,335
Total Debt	9,503	9,255	9,272	9,307	9,212	8,980	8,728	8,714	8,699	8,315	8,129
Total Long-Term Debt	9,488	9,242	9,260	9,295	9,200	8,970	8,703	8,690	8,676	7,505	7,389
Net Debt	8,976	7,845	8,555	8,611	8,579	7,777	8,221	8,220	8,190	7,220	6,948
Capital Expenditures (CapEx)	189	131	211	174	175	129	168	150	140	78	134
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,574	923	1,509	1,527	1,394	627	1,098	1,253	1,382	617	1,109
Debt-free Net Working Capital (DFNWC)	2,101	2,333	2,226	2,223	2,027	1,830	1,605	1,747	1,891	1,712	2,290
Net Working Capital (NWC)	2,086	2,320	2,214	2,211	2,015	1,820	1,580	1,723	1,868	902	1,550
Net Nonoperating Expense (NNE)	62	76	55	63	72	87	77	68	60	78	110
Net Nonoperating Obligations (NNO)	8,976	7,845	8,555	8,611	8,579	7,777	8,221	8,220	8,190	7,220	6,986
Total Depreciation and Amortization (D&A)	206	194	186	186	189	196	150	192	192	199	158
Debt-free, Cash-free Net Working Capital to Revenue	10.68%	6.37%	10.79%	11.32%	10.72%	4.95%	9.20%	10.23%	11.35%	5.03%	9.01%
Debt-free Net Working Capital to Revenue	14.25%	16.10%	15.92%	16.47%	15.59%	14.45%	13.45%	14.27%	15.53%	13.97%	18.60%
Net Working Capital to Revenue	14.15%	16.01%	15.83%	16.38%	15.50%	14.37%	13.24%	14.07%	15.34%	7.36%	12.59%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.61	$1.84	$0.86	$1.44	$1.20	$1.57	$0.51	$1.00	$1.69	$1.28	$0.12
Adjusted Weighted Average Basic Shares Outstanding	125.10M	124.10M	121.40M	119.20M	118.10M	115.50M	115.90M	114.40M	114.60M	115.20M	115.80M
Adjusted Diluted Earnings per Share	$1.58	$1.82	$0.85	$1.42	$1.18	$1.50	$0.50	$0.98	$1.65	$1.25	$0.12
Adjusted Weighted Average Diluted Shares Outstanding	125.10M	124.10M	121.40M	119.20M	118.10M	115.50M	115.90M	114.40M	114.60M	115.20M	115.80M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	125.10M	124.10M	121.40M	119.20M	118.10M	115.50M	115.90M	114.40M	114.60M	115.20M	115.80M
Normalized Net Operating Profit after Tax (NOPAT)	274	314	171	257	244	299	146	261	273	274	153
Normalized NOPAT Margin	7.36%	9.18%	5.57%	7.81%	7.56%	9.67%	6.24%	8.49%	8.64%	8.65%	6.42%
Pre Tax Income Margin	6.95%	7.40%	4.51%	6.72%	5.51%	6.64%	3.39%	4.26%	7.31%	5.56%	4.15%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	4.39%	9.03%	14.79%	20.85%	23.13%	26.19%	24.19%	26.94%	29.51%
Augmented Payout Ratio	83.71%	92.56%	114.11%	105.00%	89.02%	119.54%	101.78%	96.83%	78.88%	50.19%	53.50%

Frequently Asked Questions About Berry Global Group's Financials

When does Berry Global Group's financial year end?

According to the most recent income statement we have on file, Berry Global Group's fiscal year ends in September. Their fiscal year 2024 ended on September 28, 2024.

How has Berry Global Group's net income changed over the last 9 years?

Berry Global Group's net income appears to be on an upward trend, with a most recent value of $516 million in 2024, rising from $86 million in 2015. The previous period was $609 million in 2023.

What is Berry Global Group's operating income?

Berry Global Group's total operating income in 2024 was $937 million, based on the following breakdown:

Total Gross Profit: $2.25 billion
Total Operating Expenses: $1.32 billion

How has Berry Global Group revenue changed over the last 9 years?

Over the last 9 years, Berry Global Group's total revenue changed from $4.88 billion in 2015 to $12.26 billion in 2024, a change of 151.1%.

How much debt does Berry Global Group have?

Berry Global Group's total liabilities were at $13.01 billion at the end of 2024, a 2.7% decrease from 2023, and a 156.0% increase since 2015.

How much cash does Berry Global Group have?

In the past 9 years, Berry Global Group's cash and equivalents has ranged from $228 million in 2015 to $1.41 billion in 2022, and is currently $865 million as of their latest financial filing in 2024.

How has Berry Global Group's book value per share changed over the last 9 years?

Over the last 9 years, Berry Global Group's book value per share changed from -0.57 in 2015 to 31.48 in 2024, a change of -5,646.8%.

Remove Ads

Related Companies

This page (NYSE:BERY) was last updated on 4/15/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Berry Global Group (BERY) Financials

Frequently Asked Questions About Berry Global Group's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Berry Global Group (BERY) Financials

Annual Income Statements for Berry Global Group

Quarterly Income Statements for Berry Global Group

Annual Cash Flow Statements for Berry Global Group

Quarterly Cash Flow Statements for Berry Global Group

Annual Balance Sheets for Berry Global Group

Quarterly Balance Sheets for Berry Global Group

Annual Metrics and Ratios for Berry Global Group

Quarterly Metrics and Ratios for Berry Global Group

Frequently Asked Questions About Berry Global Group's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools