Reynolds Consumer Products Inc. REYN
We own or have rights to trademarks, service marks and trade names that we use in connection with the operation of our business. Other trademarks, service marks and trade names appearing in this Annual Report on Form 10-K are the property of their respective owners. Solely for convenience, some of the trademarks, service marks and trade names referred to in this Annual Report on Form 10-K are listed without the ® or ™ symbols, but we will assert, to the fullest extent under applicable law, our rights to our trademarks, service marks and trade names.
Our mission is to simplify daily life so consumers can enjoy what matters most.
We are a market-leading consumer products company with a presence in 95% of households across the United States. We produce and sell products that people use in their homes for cooking, serving, cleanup and storage. We sell our products under iconic brands such as Reynolds and Hefty, and also under store brands that are strategically important to our retail partners. Overall, across both our branded and store brand offerings, we hold the #1 or #2 U.S. market share position in the majority of product categories in which we participate. Over 50% of our revenue comes from products that are #1 in their respective categories. We have developed our market-leading position by investing in our product categories, championing the categories in partnership with our retail partners and consistently developing innovative products to meet the evolving needs and preferences of the modern consumer.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.72B | $3.69B | $3.76B | $3.82B | $3.56B | $3.15B | $2.88B | $2.98B | — |
| Cost of revenue | $2.81B | $2.72B | $2.81B | $3.04B | $2.75B | $2.29B | $2.15B | $2.31B | — |
| Gross profit | $914.0M | $978.0M | $942.0M | $776.0M | $811.0M | $973.0M | $880.0M | $832.0M | — |
| R&D | $48.0M | $45.0M | $44.0M | $38.0M | $36.0M | $41.0M | $33.0M | $29.0M | — |
| SG&A | $382.0M | $429.0M | $430.0M | $340.0M | $320.0M | $358.0M | $305.0M | $288.0M | — |
| Interest expense | $86.0M | $98.0M | $119.0M | $76.0M | $48.0M | $70.0M | $209.0M | $280.0M | — |
| Pre-tax income | $393.0M | $451.0M | $393.0M | $338.0M | $430.0M | $516.0M | $301.0M | $233.0M | — |
| Income tax | $92.0M | $99.0M | $95.0M | $80.0M | $106.0M | $153.0M | $76.0M | $57.0M | — |
| Net income | $301.0M | $352.0M | $298.0M | $258.0M | $324.0M | $363.0M | $225.0M | $176.0M | — |
| EPS, basic | 1.43 | 1.68 | 1.42 | 1.23 | 1.54 | 1.78 | 1.45 | 1.13 | — |
| EPS, diluted | 1.43 | 1.67 | 1.42 | 1.23 | 1.54 | 1.77 | 1.45 | 1.13 | — |
| Shares, diluted (wtd. avg.) | $210.4M | $210.4M | $210.0M | $209.9M | $209.8M | $204.5M | $155.5M | $155.5M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $147.0M | $137.0M | $115.0M | $38.0M | $164.0M | $312.0M | $102.0M | — | — |
| Receivables | $355.0M | $337.0M | $347.0M | $348.0M | $316.0M | $292.0M | $13.0M | — | — |
| Inventory | $584.0M | $567.0M | $524.0M | $722.0M | $583.0M | $419.0M | $418.0M | — | — |
| Total current assets | $1.12B | $1.10B | $1.04B | $1.17B | $1.10B | $1.05B | $570.0M | — | — |
| Property, plant and equipment | $823.0M | $758.0M | $732.0M | $722.0M | $677.0M | $612.0M | $537.0M | — | — |
| Goodwill | $1.90B | $1.90B | $1.90B | $1.88B | $1.88B | $1.88B | $1.88B | $1.88B | — |
| Other intangibles | $943.0M | $972.0M | $1.00B | $1.03B | $1.06B | $1.09B | $1.12B | — | — |
| Total assets | $4.94B | $4.87B | $4.78B | $4.93B | $4.81B | $4.72B | $4.16B | $6.42B | — |
| Accounts payable | — | — | — | $252.0M | $261.0M | $185.0M | $135.0M | — | — |
| Short-term debt | — | — | $0 | $25.0M | $25.0M | $25.0M | $21.0M | — | — |
| Total current liabilities | $577.0M | $539.0M | $478.0M | $496.0M | $484.0M | $432.0M | $378.0M | — | — |
| Long-term debt | $1.58B | $1.69B | $1.83B | $2.07B | $2.09B | $2.21B | $1.99B | — | — |
| Total liabilities | $2.68B | $2.73B | $2.80B | $3.06B | $3.06B | $3.11B | $4.98B | — | — |
| Retained earnings | $802.0M | $694.0M | $537.0M | $431.0M | $365.0M | $233.0M | — | — | — |
| Total equity | $2.25B | $2.14B | $1.98B | $1.87B | $1.76B | $1.61B | -$818.0M | -$1.03B | -$1.30B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $477.0M | $489.0M | $644.0M | $219.0M | $310.0M | $319.0M | $403.0M | $530.0M | — |
| Depreciation and amortisation | $135.0M | $129.0M | $124.0M | $117.0M | $109.0M | $99.0M | $91.0M | $87.0M | — |
| Stock-based compensation | $21.0M | $19.0M | $14.0M | $5.0M | $4.0M | $5.0M | — | — | — |
| Capital expenditure | $161.0M | $120.0M | $104.0M | $128.0M | $141.0M | $143.0M | $109.0M | $82.0M | — |
| Investing cash flow | -$161.0M | -$120.0M | -$110.0M | -$128.0M | -$141.0M | -$143.0M | -$128.0M | -$554.0M | — |
| Financing cash flow | -$306.0M | -$346.0M | -$457.0M | -$217.0M | -$317.0M | $34.0M | -$196.0M | $24.0M | — |
| Dividends paid | $192.0M | $192.0M | $192.0M | $192.0M | $192.0M | $124.0M | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-005284.