Craft

Pactiv Evergreen

Stock Price

$11.5

2024-10-29

Market Capitalization

$2.1 B

2024-10-29

Revenue

$5.5 B

FY, 2023

Pactiv Evergreen Summary

Company Summary

Overview
Pactiv Evergreen is a manufacturer and distributor of food and beverage packaging solutions. It operates in three segments: Foodservice, Food Merchandising, Beverage Merchandising. The Foodservice segment manufactures food containers, drinkware, tableware, serviceware, and other products primarily for chain restaurants, distributors, institutional foodservice, and convenience stores. The Food Merchandising segment offers rigid-display containers, containers for prepared and ready-to-eat food, trays for meat, and molded fiber egg cartons. The Beverage Merchandising provides cartons for fresh refrigerated beverage products.
Type
Public
Status
Active
Founded
2006
HQ
Lake Forest, IL, US | view all locations
Website
https://pactivevergreen.com
Cybersecurity rating
Sectors

Key People

  • Mike King

    Mike King, Chief Executive Officer

  • Chandra Mitchell

    Chandra Mitchell, Chief Legal Officer and Corporate Secretary

  • JD Bowlin

    JD Bowlin, Chief People and Communications Officer

  • Lynn Dyer

    Lynn Dyer, Chief Sustainability & Public Affairs Officer

Operating MetricsView all

Production Lines

1.1K
22.2%

FY, 2021

Manufactured Units

129B
12.2%

FY, 2021

Manufacturing Plants (Beverage Merchandising)

13

FY, 2021

LocationsView all

71 locations detected

  • Lake Forest, IL HQ

    United States

    1900 W Field Ct

  • Aberdeen, NC

    United States

    3299 nc hwy 5

  • Abilene, TX

    United States

    6450 5 Points Pkwy

  • Athens, GA

    United States

    600 Dairy Pak Rd

  • Bakersfield, CA

    United States

    1900 Sunnyside Ct

  • Bakersfield, CA

    United States

    2024 Norris Rd

and 65 others

Pactiv Evergreen Financials

Summary Financials

Revenue (Q3, 2024)
$1.3B
Gross profit (Q3, 2024)
$255.0M
Net income (Q3, 2024)
($213.0M)
Cash (Q3, 2024)
$168.0M
EBIT (Q3, 2024)
($196.0M)
Enterprise value
$5.4B

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