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.
| Type | Public | |
| Founded | 1967 | |
| HQ | Evansville, IN, US | Map |
| Website | berryglobal.com | |
| Employee Ratings | More |
Recent NewsAll News
- Ophthalmic Packaging Industry in North America to 2030 - Featuring Schott AG, Berry Global and Amcor Among Others
- Berry Global Announces Its First Virtual Power Purchase Agreement for Alternative Energy Source in Spain
- Berry Global Group, Inc. Reports Strong Second Quarter 2021 Results; Raising Fiscal Year 2021 Earnings Guidance
- Berry Global Signs Deal with Borealis for Supply of Circular Polyolefins
Key People/Management at Berry Global
Thomas E. Salmon
Mark Miles
Stephen E. Sterrett
B. Evan Bayh
Jonathan F. Foster
Idalene F. Kesner
Berry Global Office Locations
Berry Global Financials and Metrics
Berry Global Revenue
| 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 |
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.8b | 2.0b | 2.1b | 2.0b | 2.0b | 1.9b | 2.8b | 3.0b | 2.9b | 3.1b | 3.4b |
Cost of goods sold | 1.4b | 1.6b | 1.7b | 1.6b | 1.6b | 1.6b | 2.3b | 2.4b | 2.3b | 2.5b | 2.7b |
Gross profit | 329.0m | 371.0m | 382.0m | 353.0m | 372.0m | 380.0m | 520.0m | 584.0m | 638.0m | 618.0m | 664.0m |
Gross profit Margin, % | 19% | 19% | 18% | 18% | 19% | 20% | 18% | 20% | 22% | 20% | 20% |
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 228.0m | 291.0m | 365.0m | 293.0m | 353.0m | 255.0m | 673.0m | 953.0m | 906.0m | 847.0m | 843.0m |
Accounts Receivable | 780.0m | 918.0m | 932.0m | 879.0m | 907.0m | 853.0m | 1.4b | 1.5b | 1.5b | 1.5b | 1.7b |
Prepaid Expenses | 95.0m | 101.0m | 85.0m | 78.0m | 78.0m | 98.0m | 188.0m | 197.0m | 162.0m | 177.0m | 180.0m |
Inventories | 878.0m | 951.0m | 955.0m | 956.0m | 929.0m | 865.0m | 1.4b | 1.4b | 1.3b | 1.5b | 878.0m |
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 163.0m | 253.0m | 363.0m | 88.0m | 162.0m | 175.0m | 47.0m | 173.0m | 364.0m | 130.0m | 311.0m |
Depreciation and Amortization | 129.0m | 261.0m | 397.0m | 138.0m | 270.0m | 397.0m | 216.0m | 429.0m | 638.0m | 215.0m | 427.0m |
Cash From Operating Activities | 153.0m | 285.0m | 556.0m | 161.0m | 331.0m | 571.0m | 218.0m | 533.0m | 979.0m | 315.0m | 638.0m |
Purchases of PP&E | (94.0m) | (184.0m) | (270.0m) | (75.0m) | (167.0m) | (271.0m) | (148.0m) | (263.0m) | (419.0m) | (162.0m) | (364.0m) |
| USD | Q1, 2018 |
|---|---|
Debt/Equity | 4.7 x |
Debt/Assets | 0.7 x |
Financial Leverage | 7.2 x |
Berry Global Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| RPC Group | July 31, 2019 | $6.1 b |
| Clopay Plastic Products Company, Inc. | November 30, 2017 | $475 m |
| AEP Industries | January 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 |
Berry Global Revenue Breakdown
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 Environment, Social & Governance (ESG) Ratings
Berry Global Online and Social Media Presence
3.46k Twitter followers
Berry Global has 3.46k Twitter Followers. The number of followers has increased 0.7% month over month and increased 1.5% quarter over quarter
Berry Global's Trends
Berry Global News and Updates
Ophthalmic Packaging Industry in North America to 2030 - Featuring Schott AG, Berry Global and Amcor Among Others
Berry Global Announces Its First Virtual Power Purchase Agreement for Alternative Energy Source in Spain
Berry Global Group, Inc. Reports Strong Second Quarter 2021 Results; Raising Fiscal Year 2021 Earnings Guidance
Berry Global Signs Deal with Borealis for Supply of Circular Polyolefins
Berry Global Delivers on Anticipated Sustainable Films Demand
Berry Global Announces Science-Based Targets to Cut Operational and Supply Chain Emissions
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.
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