Bemis Company

Travel & Transportation manufacturer packaging

Bemis creates exceptional packaging for food, consumer product, healthcare, and industrial applications. We work collaboratively with forward-thinking companies to find better ways to succeed. Our strategic objectives are to accelerate growth, focus innovation, and continuously improve, all aimed at improving financial performance toward our long-term targets. Our Vision is: passionate commitment to the growth and success of our customers will make Bemis the clear choice for inspired packaging solutions. Founded in 1858, Bemis reported 2015 net sales of $4.1 billion. Bemis has a strong technical base in polymer chemistry, film extrusion, coating and laminating, printing, and converting.

Revenue(Q1, 2017)

$995.4 M

Market capitalization(2017-08-15)

$3.9 B

Company Growth (employees)

Type

Public

Neenah, US

Founded

1858

Size (employees)

17,500 (est)-1%

Website

bemis.com

Bemis Company was founded in 1858 and is headquartered in Neenah, US

Key People at Bemis Company

William Austen

President and Chief Executive Officer

Michael Clauer

Senior Vice President and Chief Financial Officer

Bemis Company Office Locations

Bemis Company has an office in Neenah

Neenah, US (HQ)

1 Neenah Center

Bemis Company Data and Metrics

Bemis Company Financial Metrics

Bemis Company's revenue was reported to be $995.4 m in Q1, 2017

Summary

USD

Bemis Company's current market capitalization is $3.9 b.

Income Statement

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	5 b	4.3 b	4.1 b	4 b
Revenue growth, %		(14%)	(6%)	(2%)
Cost of goods sold	4.1 b	3.5 b	3.2 b	3.1 b
Gross profit	972.1 m	859.1 m	873.4 m	866.2 m
Gross profit Margin, %	19%	20%	21%	22%
R&D expense				46.5 m
General and administrative expense				392.2 m
Operating expense total				438.7 m
EBIT	380.6 m	407.7 m	409.6 m	409.3 m
EBIT margin, %	8%	9%	10%	10%
Interest expense	68.2 m	60.8 m	51.7 m	60.2 m
Pre tax profit	320.3 m	363.7 m	363.9 m	350.9 m
Income tax expense	107.7 m	124.6 m	122 m	114.7 m
Net Income	212.6 m	191.1 m	239.3 m	236.2 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue	1.2 b	1.1 b	1 b	1 b	1 b	967.9 m	1 b	1 b	995.4 m
Cost of goods sold	995.9 m	877.5 m	822.6 m	809.1 m	796.5 m	759.1 m	804.3 m	802.4 m	797.5 m
Gross profit	245.7 m	220.7 m	217.5 m	221.2 m	221.8 m	208.8 m	217 m	224.8 m	197.9 m
Gross profit Margin, %	20%	20%	21%	21%	22%	22%	21%	22%	20%
R&D expense	12.6 m	11.2 m	11.3 m	11.5 m	11 m	11.5 m	11.6 m	11.6 m	12.5 m
General and administrative expense	119.8 m	104.6 m	106.4 m	103.9 m	101.8 m	99.4 m	100.4 m	95.8 m	94.6 m
Operating expense total	132.4 m	115.8 m	117.7 m	115.4 m	112.8 m	110.9 m	112 m	107.4 m	107.1 m
EBIT	115.8 m	107.3 m	97.4 m	109.2 m	105.8 m	99.4 m	89 m	116.2 m	89.4 m
EBIT margin, %	9%	10%	9%	11%	10%	10%	9%	11%	9%
Interest expense	17 m	14 m	13.1 m	12.8 m	12.6 m	15.4 m	14 m	15.1 m	16 m
Pre tax profit	100.3 m	94.5 m	86.1 m	98.6 m	94 m	83.9 m	75.6 m	101.7 m	74.3 m
Income tax expense	34.5 m	33 m	29.1 m	33 m	31.5 m	27.7 m	24.7 m	33.1 m	23.2 m
Net Income	65.8 m	17 m	54.4 m	65.6 m	62.5 m	56.2 m	50.9 m	68.6 m	51.1 m

Balance Sheet

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	141.7 m	47.1 m	59.2 m	74.2 m
Accounts Receivable	615.4 m	566.1 m		8 k
Inventories	648.5 m	575.8 m	525.9 m	549.4 m
Current Assets	1.5 b	1.3 b	1.1 b	1.2 b
Goodwill	1.1 b	963.1 m	949.5 m	1 b
Total Assets	4.1 b	3.6 b	3.5 b	3.7 b
Accounts Payable	362.8 m	272.4 m	334.8 m	378 m
Total Debt				2 m
Current Liabilities	601.9 m	481.4 m	589.1 m	576.1 m
Total Liabilities				2.5 b
Additional Paid-in Capital	548.1 m	559.7 m	573.2 m	581.5 m
Retained Earnings	2 b	2.1 b	2.2 b	2.3 b
Total Equity	1.7 b	1.4 b	1.2 b	1.3 b
Debt to Equity Ratio				0 x
Debt to Assets Ratio				0 x
Financial Leverage	2.4 x	2.5 x	2.9 x	2.9 x

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cash	127.2 m	126.1 m	60.3 m	87.8 m	78.6 m	50.1 m	61.8 m	79.1 m	50.8 m
Accounts Receivable	669.5 m	562 m	568.6 m
Inventories	684.1 m	594.9 m	570.9 m	557 m	538.2 m	545.5 m	551 m	568.6 m	580.3 m
Current Assets	1.6 b	1.7 b	1.3 b	1.3 b	1.2 b	1.2 b	1.2 b	1.2 b	1.2 b
PP&E	1.2 b	1.1 b	1.1 b	1.1 b	1.1 b	1.2 b	1.3 b	1.3 b	1.3 b
Goodwill	1.1 b	978.5 m	934.5 m	937.4 m	904.8 m	961.4 m	1 b	1 b	1 b
Total Assets	4.2 b	4 b	3.6 b	3.6 b	3.4 b	3.6 b	3.8 b	3.8 b	3.8 b
Accounts Payable	390.6 m	321 m	310.9 m	299.3 m	348.7 m	366.9 m	379.1 m	422.6 m	449.8 m
Current Liabilities	615.9 m	626.4 m	509.4 m	502.4 m	565.4 m	564.8 m	587.5 m	624.9 m	625.5 m
Additional Paid-in Capital	555.1 m	556.6 m	561.8 m	567 m	571 m	566.9 m	572.2 m	576.8 m	577.4 m
Retained Earnings	2.1 b	2.1 b	2.1 b	2.2 b	2.2 b	2.2 b	2.3 b	2.3 b	2.4 b
Total Equity	1.7 b	1.6 b	1.3 b	1.3 b	1.2 b	1.2 b	1.3 b	1.3 b	1.3 b
Financial Leverage	2.4 x	2.5 x	2.7 x	2.7 x	2.8 x	2.9 x	2.9 x	2.9 x	3 x

Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	212.6 m	191.1 m	239.3 m	236.2 m
Depreciation and Amortization	190.3 m	180.6 m	158.1 m	162.1 m
Accounts Receivable	7.6 m	(69 m)
Inventories	(400 k)	(48 m)	16 m	(7.5 m)
Accounts Payable	(10.2 m)	(15.4 m)	77.5 m	37.8 m
Cash From Operating Activities	373.2 m	248.1 m	552.4 m	437.4 m
Purchases of PP&E	(139.8 m)	(185.2 m)	(219.4 m)	(208.3 m)
Cash From Investing Activities	(155.8 m)	40.5 m	(262.6 m)	(311.2 m)
Long-term Borrowings	(7.4 m)	(400.2 m)	(900 k)	(23.8 m)
Dividends Paid	(107.5 m)	(108.4 m)	(109.7 m)	(113.9 m)
Cash From Financing Activities	(184.7 m)	(370.8 m)	(265.3 m)	(110.4 m)

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	65.8 m	17 m	54.4 m	65.6 m	62.5 m	56.2 m	50.9 m	68.6 m	51.1 m
Inventories				557 m	538.2 m	545.5 m	551 m	568.6 m	580.3 m
Accounts Payable				299.3 m	348.7 m	366.9 m	379.1 m	422.6 m	449.8 m

Ratios

	Y, 2017
Financial Leverage	3 x

Bemis Company Market Value History

Market Position of Bemis Company

Competitors

Packaging Corporation of America

Manufacturing & Industrial - Public

Owens-Illinois

Manufacturing & Industrial - Public

Greif

Manufacturing & Industrial - Public

Packrite

Manufacturing & Industrial - Private

Compare competitors

Bemis Company

Company Growth (employees)

Key People at Bemis Company

William Austen

Michael Clauer

Bemis Company Office Locations

Bemis Company Data and Metrics

Bemis Company Financial Metrics

Summary

Revenue (Q1, 2017)

Gross profit (Q1, 2017)

Gross profit margin (Q1, 2017), %

Net income (Q1, 2017)

EBIT (Q1, 2017)

Market capitalization (15-Aug-2017)

Cash (31-Mar-2017)

Income Statement

Revenue

Revenue growth, %

Cost of goods sold

Gross profit

Gross profit Margin, %

R&D expense

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Interest expense

Pre tax profit

Income tax expense

Net Income

Revenue

Cost of goods sold

Gross profit

Gross profit Margin, %

R&D expense

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Interest expense

Pre tax profit

Income tax expense

Net Income

Balance Sheet

Cash

Accounts Receivable

Inventories

Current Assets

Goodwill

Total Assets

Accounts Payable

Total Debt

Current Liabilities

Total Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Debt to Equity Ratio

Debt to Assets Ratio

Financial Leverage

Cash

Accounts Receivable

Inventories

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Current Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Financial Leverage

Cash Flow

Net Income

Depreciation and Amortization

Accounts Receivable

Inventories

Accounts Payable