OverviewSuggest Edit

Pactiv Evergreen is a manufacturer of food and beverage packaging solutions. It offers containers, drinkware, tableware and trays, film, and foil wraps.
TypePublic
Founded1963
HQLake Forest, IL, US
Websitepactivevergreen.com

Latest Updates

Employees (est.) (Apr 2021)3,660
Revenue (FY, 2020)$4.7 B(-51%)
Share Price (Jan 2022)$12(-2%)
Cybersecurity ratingCMore
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Key People/Management at Pactiv Evergreen

Jonathan Rich

Jonathan Rich

Director and Chairman of the Board of Directors
Michael King

Michael King

Chief Executive Officer
Leighanne Baker

Leighanne Baker

Director
Allen Hugli

Allen Hugli

Director
Steven Karl

Steven Karl

Chief Legal Officer and Corporate Secretary
Rolf Stangl

Rolf Stangl

Director
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Pactiv Evergreen Office Locations

Pactiv Evergreen has offices in Lake Forest, Abilene, Athens, Bakersfield and in 61 other locations
Lake Forest, IL, US (HQ)
1900 W Field Ct
Abilene, TX, US
6450 5 Points Pkwy
Athens, GA, US
600 Dairy Pak Rd
Bakersfield, CA, US
1900 Sunnyside Ct
Bakersfield, CA, US
2024 Norris Rd
Bedford Park, IL, US
6000 W 73rd St
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Pactiv Evergreen Financials and Metrics

Pactiv Evergreen Revenue

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Pactiv Evergreen's revenue was reported to be $4.69 b in FY, 2020
USD

Revenue (Q1, 2021)

1.2b

Gross profit (Q1, 2021)

108.0m

Gross profit margin (Q1, 2021), %

9.3%

Net income (Q1, 2021)

(14.0m)

EBIT (Q1, 2021)

(10.0m)

Market capitalization (20-Jan-2022)

2.2b

Closing stock price (20-Jan-2022)

12.0

Cash (31-Mar-2021)

328.0m

EV

6.0b
Pactiv Evergreen's current market capitalization is $2.2 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

10.5b10.7b9.7b4.7b

Cost of goods sold

8.2b8.6b7.7b4.0b

Gross profit

2.3b2.1b2.0b720.0m

Gross profit Margin, %

22%20%20%15%
Quarterly
USDQ3, 2020Q1, 2021

Revenue

1.2b1.2b

Cost of goods sold

1.0b1.1b

Gross profit

184.0m108.0m

Gross profit Margin, %

15%9%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

617.0m783.0m1.3b458.0m

Accounts Receivable

1.1b375.0m

Inventories

1.4b1.4b1.3b784.0m

Current Assets

3.3b3.4b3.7b1.9b
Quarterly
USDQ3, 2020Q1, 2021

Cash

1.8b328.0m

Accounts Receivable

425.0m425.0m

Inventories

744.0m816.0m

Current Assets

3.2b1.8b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

439.0m(5.0m)106.0m(27.0m)

Depreciation and Amortization

674.0m655.0m736.0m289.0m

Inventories

(64.0m)

Accounts Payable

32.0m
Quarterly
USDQ3, 2020Q1, 2021

Net Income

(263.0m)(15.0m)

Depreciation and Amortization

213.0m86.0m

Inventories

(29.0m)(35.0m)

Accounts Payable

24.0m41.0m
USDFY, 2017

Financial Leverage

10.1 x
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Pactiv Evergreen Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

Pactiv Evergreen Online and Social Media Presence

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Pactiv Evergreen News and Updates

Pactiv Evergreen to Sell its Carton Packaging and Filling Machinery Businesses in China, Korea and Taiwan

LAKE FOREST, Ill., Jan. 05, 2022 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (Pactiv Evergreen; NASDAQ: PTVE) today announced that it has entered into a definitive agreement by its wholly-owned subsidiary, Evergreen Packaging International LLC (Evergreen Packaging), to sell its carton packaging and …

Pactiv Evergreen Inc. Schedules Third Quarter 2021 Financial Results

LAKE FOREST, Ill., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQ: PTVE) today announced the following details for its third quarter 2021 earnings release and teleconference call.

Evergreen Packaging International LLC, a Wholly-Owned Subsidiary of Pactiv Evergreen Inc., Reaches Agreement to Divest Ownership Interest in Beverage Packaging Co Ltd Joint Venture

LAKE FOREST, Ill., Oct. 12, 2021 (GLOBE NEWSWIRE) -- Evergreen Packaging International LLC (Evergreen Packaging), a wholly-owned subsidiary of Pactiv Evergreen Inc. (Pactiv Evergreen; NASDAQ: PTVE) today announced that it has entered into a definitive agreement for the sale of its 50 percent inter…

Pactiv Evergreen Completes Acquisition of Fabri-Kal, a Leading Manufacturer of Foodservice and Consumer Brand Packaging Solutions

LAKE FOREST, Ill., Oct. 01, 2021 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) announced that its wholly-owned subsidiary, Pactiv Evergreen Group Holdings Inc. has completed its acquisition of Fabri-Kal, a leading manufacturer of foodservice and consumer brand packaging solutions. Fabri…

Pactiv Evergreen Revises Guidance for the Full Fiscal Year 2021

LAKE FOREST, Ill., Sept. 08, 2021 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) (“Pactiv Evergreen” or the “Company”), today provided an update to its previous financial guidance. Pactiv Evergreen is revising the full fiscal year 2021 Adjusted EBITDA1 guidance to $550 million.

Pactiv Evergreen to Acquire Fabri-Kal, a Leading Manufacturer of Foodservice and Consumer Brand Packaging Solutions

LAKE FOREST, Ill., Sept. 08, 2021 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) today announced that its wholly-owned subsidiary, Pactiv Evergreen Group Holdings Inc. has reached a definitive agreement to acquire Fabri-Kal, a leading manufacturer of foodservice and consumer brand packag…
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Pactiv Evergreen Frequently Asked Questions

  • When was Pactiv Evergreen founded?

    Pactiv Evergreen was founded in 1963.

  • Who are Pactiv Evergreen key executives?

    Pactiv Evergreen's key executives are Jonathan Rich, Michael King and Leighanne Baker.

  • How many employees does Pactiv Evergreen have?

    Pactiv Evergreen has 3,660 employees.

  • What is Pactiv Evergreen revenue?

    Latest Pactiv Evergreen annual revenue is $4.7 b.

  • What is Pactiv Evergreen revenue per employee?

    Latest Pactiv Evergreen revenue per employee is $1.3 m.

  • Who are Pactiv Evergreen competitors?

    Competitors of Pactiv Evergreen include Elopak, Branopac and Signode.

  • Where is Pactiv Evergreen headquarters?

    Pactiv Evergreen headquarters is located at 1900 W Field Ct, Lake Forest.

  • Where are Pactiv Evergreen offices?

    Pactiv Evergreen has offices in Lake Forest, Abilene, Athens, Bakersfield and in 61 other locations.

  • How many offices does Pactiv Evergreen have?

    Pactiv Evergreen has 76 offices.