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
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Other
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $3.63B | $3.60B | $3.66B |
| Other | $90.0M | $94.0M | $95.0M |
As the company reported it, from the “Segment Information - Schedule of Geographic Data for Net Revenues and Long-Lived Assets (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
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.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $2.98B | $2.88B | $3.15B | $3.56B | $3.82B | $3.76B | $3.69B | $3.72B |
| Gross profit | — | $832.0M | $880.0M | $973.0M | $811.0M | $776.0M | $942.0M | $978.0M | $914.0M |
| Net income | — | $176.0M | $225.0M | $363.0M | $324.0M | $258.0M | $298.0M | $352.0M | $301.0M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Results announced Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Officer or director change Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
- Shareholder vote Item 5.07
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.