OverviewSuggest Edit

Berry Global (formerly Berry Plastics) is a company providing plastic packaging and protection solutions. It operates through four segments: Consumer Packaging International, Consumer Packaging North America, Engineered Materials, and Health, Hygiene, and Specialties. The Consumer Packaging International segment primarily consists of such product groups as bottles and canisters, containers, closures and dispensing systems, pharmaceutical devices, polythene films, molds, and molded components. The Consumer Packaging North America segment offers containers and pails, lightweight polypropylene cups and lids for hot and cold beverages, closures and overcaps, tubes, bottles, and prescription vials. The Engineered Materials segment includes stretch and shrink films, converter films, institutional can liners, tape products, food and consumer films, retail bags, polyvinyl chloride (PVC) films, and agriculture films. The Health, Hygiene, and Specialties segment consists of medical garment materials, surgical drapes, household cleaning wipes, face masks, components for baby diapers, adult incontinence, and other absorbent hygiene products.

TypePublic
Founded1967
HQEvansville, IN, US
Websiteberryglobal.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Sept 2020)47,000(-2%)
Job Openings618
Revenue (FY, 2020)$11.7 B(+32%)
Share Price (Jul 2021)$65

Key People/Management at Berry Global

Thomas E. Salmon

Thomas E. Salmon

Chief Executive Officer and Director, Chairman of the Board
Mark Miles

Mark Miles

Chief Financial Officer
Stephen E. Sterrett

Stephen E. Sterrett

Lead Independent Director
B. Evan Bayh

B. Evan Bayh

Director
Jonathan F. Foster

Jonathan F. Foster

Director
Idalene F. Kesner

Idalene F. Kesner

Director
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Berry Global Office Locations

Berry Global has offices in Evansville, Ahoskie, Anaheim, Atlanta and in 256 other locations
Evansville, IN, US (HQ)
101 Oakley St
Ahoskie, NC, US
228 Johnny Mitchell Rd
Anaheim, CA, US
4875 E Hunter Ave
Atlanta, GA, US
5655 Fulton Industrial Blvd SW
Augusta, KY, US
322 Hamilton Ave
Aurora, IL, US
921 Industrial Dr
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Berry Global Financials and Metrics

Berry Global Revenue

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Berry Global's revenue was reported to be $11.71 b in FY, 2020 which is a 31.9% increase from the previous period.
USD

Revenue (Q2, 2021)

3.4b

Gross profit (Q2, 2021)

664.0m

Gross profit margin (Q2, 2021), %

19.7%

Net income (Q2, 2021)

181.0m

EBIT (Q2, 2021)

333.0m

Market capitalization (16-Jul-2021)

8.8b

Closing stock price (16-Jul-2021)

65.0

Cash (3-Apr-2021)

843.0m

EV

17.8b
Berry Global's current market capitalization is $8.8 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

7.9b8.9b11.7b

Revenue growth, %

13%32%

Cost of goods sold

6.4b7.3b9.3b

Gross profit

1.4b1.6b2.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

1.8b2.0b2.1b2.0b2.0b1.9b2.8b3.0b2.9b3.1b3.4b

Cost of goods sold

1.4b1.6b1.7b1.6b1.6b1.6b2.3b2.4b2.3b2.5b2.7b

Gross profit

329.0m371.0m382.0m353.0m372.0m380.0m520.0m584.0m638.0m618.0m664.0m

Gross profit Margin, %

19%19%18%18%19%20%18%20%22%20%20%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

381.0m750.0m750.0m

Accounts Receivable

941.0m1.5b1.5b

Prepaid Expenses

76.0m157.0m168.0m

Inventories

887.0m1.3b1.3b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

496.0m404.0m559.0m

Depreciation and Amortization

538.0m613.0m845.0m

Inventories

(79.0m)99.0m48.0m

Accounts Payable

97.0m(35.0m)24.0m
USDQ1, 2018

Debt/Equity

4.7 x

Debt/Assets

0.7 x

Financial Leverage

7.2 x
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Berry Global Operating Metrics

FY, 2018FY, 2019FY, 2020

Manufacturing Facilities

170393303

Manufacturing Facilities (Asia)

1137

Manufacturing Facilities (North America)

130154

Manufacturing Facilities Owned

135303213
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Berry Global Acquisitions / Subsidiaries

Company NameDateDeal Size
RPC GroupJuly 31, 2019$6.1 b
Clopay Plastic Products Company, Inc.November 30, 2017$475 m
AEP IndustriesJanuary 20, 2017$765 m
159422 Canada Inc.
Ace Classic Medical Components (Shanghai) Company Limited
Ace Corporation Holdings Limited
Ace Industrial Technologies Limited
Ace Medical Components Co Limited
Ace Mold Company Limited
Ace Mold (HeFei) Company Limited
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Berry Global Revenue Breakdown

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Berry Global revenue breakdown by business segment: 50.0% from Engineered Materials and 50.0% from Health, Hygiene & Specialties

Berry Global revenue breakdown by geographic segment: 10.6% from Rest of world, 36.1% from Europe and 53.4% from United States and Canada

Human Capital Metrics

Berry Global's employees are reported to be approximately 29% female and 71% male.
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Berry Global Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Berry Global Online and Social Media Presence

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Berry Global News and Updates

Ophthalmic Packaging Industry in North America to 2030 - Featuring Schott AG, Berry Global and Amcor Among Others

Dublin, July 05, 2021 (GLOBE NEWSWIRE) -- The "Ophthalmic Packaging Market (Dose: Multi-dose and Single-dose; Material Type: Glass and Plastic; and End Use: Over-the-counter [OTC] and Prescription) - North America Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030" report has …

Berry Global Announces Its First Virtual Power Purchase Agreement for Alternative Energy Source in Spain

Today, Berry Global Group, Inc. (NYSE: BERY) announced investment in renewable energy through the use of a long-term virtual power purchase agreement (VPPA) aligned to provide the equivalent electricity requirements of the Company’s Spanish operations.

Berry Global Group, Inc. Reports Strong Second Quarter 2021 Results; Raising Fiscal Year 2021 Earnings Guidance

Berry Global Group today reported its second fiscal quarter 2021 results, referred to in the following as the March 2021 quarter

Berry Global Signs Deal with Borealis for Supply of Circular Polyolefins

Berry Global has entered into an agreement with materials supplier Borealis, giving it access to circular polyolefins made from chemical recycling. This will help Berry achieve its commitment of using 600 million pounds of post-consumer recycled (PCR) content by 2025.

Berry Global Delivers on Anticipated Sustainable Films Demand

Berry Global Group announced an investment of more than $70 million to support continued growth in consumer packaging films, primarily for e-commerce, food, and beverage applications. The investment supports new multi-layer blown film lines along with infrastructure upgrades and other equipment tha…

Berry Global Announces Science-Based Targets to Cut Operational and Supply Chain Emissions

Berry Global Group announced Science-Based Targets, reinforcing the Company’s commitment to a circular economy in alignment with the worldwide goal of a net-zero economy by 2050. Berry commits to reduce absolute operational emissions (Scope 1 and 2) by 25 percent and supply chain emissions (Scope 3)…
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Berry Global Frequently Asked Questions

  • When was Berry Global founded?

    Berry Global was founded in 1967.

  • Who are Berry Global key executives?

    Berry Global's key executives are Thomas E. Salmon, Mark Miles and Stephen E. Sterrett.

  • How many employees does Berry Global have?

    Berry Global has 47,000 employees.

  • What is Berry Global revenue?

    Latest Berry Global annual revenue is $11.7 b.

  • What is Berry Global revenue per employee?

    Latest Berry Global revenue per employee is $249.1 k.

  • Who are Berry Global competitors?

    Competitors of Berry Global include Fitesa, Avgol Industries and Tredegar Corporation.

  • Where is Berry Global headquarters?

    Berry Global headquarters is located at 101 Oakley St, Evansville.

  • Where are Berry Global offices?

    Berry Global has offices in Evansville, Ahoskie, Anaheim, Atlanta and in 256 other locations.

  • How many offices does Berry Global have?

    Berry Global has 275 offices.