OverviewSuggest Edit
Sealed Air is a provider of packaging solutions for the food, e-commerce, electronics, and industrial markets. The company offers integrated and protective packaging materials, equipment, automation, and service solutions that minimize food waste, maximize food safety, as well as prevent product damage and increase order fulfillment velocity. Its core solutions include paper packaging, expanded plastics, corrugated die cuts, strapping, envelopes, reinforced bags, corrugated boxes, molded and fabricated foam plastics, mechanical shock mounts, wood blocking and bracing systems, automated packaging and fulfillment systems, as well as air cellular cushioning materials, inflatable packaging, suspension and retention packaging, shrink films, protective mailers, and polyethylene and polyurethane foam packaging systems.
| Type | Public | |
| Founded | 1960 | |
| HQ | Charlotte, NC, US | Map |
| Website | sealedair.com | |
| Employee Ratings | More | |
| Overall Culture | D- | More |
Recent NewsAll News
- (SEE) Long-Term Investor Alert: Did You Acquire Sealed Air Before November 2014?
- Global Packaging Market in 2020 - Featuring Amcor, Sealed Air and Tetra Pak International Among Others
- Composite Packaging Market Future Outlook – Amcor, Crown Holdings, DS Smith, Mondi, Smurfit Kappa, Sonoco, Universal Packaging, Najmi Industries, Sealed Air, SOTA Packaging
- Bubble-wrap maker Sealed Air and Simplehuman CEOs are prepping for a touchless future after coronavirus pandemic
Key People/Management at Sealed Air
Ted Doheny
President and CEO
Emile Chammas
SVP, Chief Transformation & Manufacturing/Supply Chain Officer
Christopher Stephens
Svp and Chief Financial Officer
Susan Edwards
VP, Chief Human Resources Officer
Sergio Pupkin
VP, Chief Growth & Strategy Officer
Angel Willis
VP, General Counsel & Secretary
Sealed Air Office Locations
Sealed Air has offices in Charlotte, Grand Prairie, Hodgkins, Holyoke and in 24 other locations
Charlotte, NC, US (HQ)
2415 Cascade Pointe Boulevard
Grand Prairie, TX, US
2401 Dillard St
Hodgkins, IL, US
7110 Santa Fe Dr
Holyoke, MA, US
2030 Homestead Ave
Industry, CA, US
19440 Arenth Ave
Lenoir, NC, US
2075 Valway Rd NW
Sealed Air Financials and Metrics
Sealed Air Revenue
Sealed Air's revenue was reported to be $4.9 b in FY, 2020
| USD | |
|---|---|
Revenue (FY, 2020) | 4.9b |
Gross profit (FY, 2020) | 1.6b |
Gross profit margin (FY, 2020), % | 32.8% |
Net income (FY, 2020) | 502.9m |
EBIT (FY, 2020) | 788.1m |
Market capitalization (16-Jul-2021) | 8.6b |
Closing stock price (16-Jul-2021) | 56.0 |
Cash (31-Dec-2020) | 548.7m |
EV | 11.9b |
Sealed Air's current market capitalization is $8.6 b.
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.0b | 1.0b | 1.1b | 1.0b | 1.1b | 1.1b | 1.1b | 1.2b | 1.2b | 1.1b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b |
Cost of goods sold | 670.3m | 689.3m | 708.4m | 696.8m | 726.8m | 770.6m | 757.0m | 791.7m | 820.7m | 7.5b | 782.7m | 826.5m | 783.4m | 761.3m | 832.7m |
Gross profit | 335.6m | 349.6m | 356.7m | 335.4m | 343.5m | 360.7m | 374.0m | 363.5m | 365.5m | (6.4b) | 378.3m | 392.0m | 390.5m | 389.9m | 404.5m |
Gross profit Margin, % | 33% | 34% | 33% | 32% | 32% | 32% | 33% | 31% | 31% | (572%) | 33% | 32% | 33% | 34% | 33% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 258.4m | 243.0m | 1.3b | 326.9m | 180.1m | 191.3m | 236.0m | 222.2m | 200.0m | 274.6m | 289.7m | 316.8m |
Accounts Receivable | 450.5m | 310.3m | 540.5m | 465.1m | 495.5m | 508.8m | 464.0m | 485.2m | 449.0m | 491.5m | 69.8m | 582.7m |
Prepaid Expenses | 95.8m | 251.9m | 63.6m | 195.0m | 154.6m | 167.9m | 127.8m | 127.4m | 201.4m | 133.9m | 103.1m | 55.2m |
Inventories | 507.0m | 532.1m | 547.7m | 563.8m | 580.2m | 605.4m | 597.4m | 596.1m | 618.3m | 568.2m | 638.2m | 630.9m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (43.2m) | 44.6m | 848.4m | (200.6m) | (86.2m) | (7.2m) | 57.5m | 90.7m | 158.7m | 126.6m | 226.7m | 360.7m |
Depreciation and Amortization | 52.8m | 105.1m | 114.4m | 32.8m | 65.7m | 98.4m | 32.7m | 66.0m | 107.3m | 43.1m | 85.9m | |
Inventories | (64.3m) | (86.5m) | (100.5m) | (50.6m) | (92.6m) | (113.2m) | (54.0m) | (48.2m) | (44.0m) | (27.6m) | (88.1m) | (76.6m) |
Accounts Payable | 56.1m | 145.4m | 135.2m | 7.3m | (92.6m) | 45.0m | 5.1m | 10.4m | (56.2m) | 300.0k | 2.1m | (14.9m) |
| USD | FY, 2015 |
|---|---|
Revenue/Employee | 191.8k |
Sealed Air Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Automated Packaging Systems | May 01, 2019 | |
| Fagerdala Singapore Pte. Ltd. | September 11, 2017 | $100 m |
| DELTAPLAM Embalagens Indústria e Comércio | August 02, 2017 | |
| TTS-Ciptec | July 14, 2016 | |
| B+ Equipment | August 03, 2015 | $16 m |
| Diversey | October 03, 2011 | $4.7 b |
| ProAseptic Technologies S.L. | January 21, 2011 | |
| Biosphere Industries | December 06, 2006 | |
| Nelipak Holdings | January 03, 2006 | |
| Shanklin Corp | December 05, 2000 |
Sealed Air Revenue Breakdown
Sealed Air revenue breakdown by business segment: 39.9% from Product Care and 60.1% from Food Care
Sealed Air revenue breakdown by geographic segment: 15.0% from APAC, 59.0% from North America, 21.1% from EMEA and 4.9% from Other
Sealed Air Cybersecurity Score
Sealed Air Environment, Social & Governance (ESG) Ratings
Sealed Air Online and Social Media Presence
4.39k Twitter followers
Sealed Air has 4.39k Twitter Followers. The number of followers has increased 0.2% month over month and increased 0.1% quarter over quarter
Sealed Air's Trends
Twitter Engagement Stats for @Sealed_Air
2.1k
Tweets
776
Following
4.4k
Followers
22
Tweets last 30 days
1.9
Avg. likes per Tweet
100%
Tweets with engagement
Sealed Air Company Culture
Overall Culture
D-
55/100
CEO Rating
D
58/100
Compensation
C-
61/100
Diversity
D-
50/100
Sealed Air News and Updates
June 24, 2021
(SEE) Long-Term Investor Alert: Did You Acquire Sealed Air Before November 2014?
SAN DIEGO, June 24, 2021 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating potential claims on behalf of Sealed Air Corporation (“Sealed Air”) (NYSE: SEE) against certain of its current and former officers and directors.
December 04, 2020
Global Packaging Market in 2020 - Featuring Amcor, Sealed Air and Tetra Pak International Among Others
DUBLIN, Dec. 4, 2020 /PRNewswire/ -- The "Global Packaging Industry" report has been added to ResearchAndMarkets.com's offering. The packaging industry is anticipated to at a significant CAGR during the forecast period. The advancement in packaging technology to make the product more...
September 16, 2020
Composite Packaging Market Future Outlook – Amcor, Crown Holdings, DS Smith, Mondi, Smurfit Kappa, Sonoco, Universal Packaging, Najmi Industries, Sealed Air, SOTA Packaging
WiseGuyRerports.com Presents “Global Composite Packaging Market Research Report 2020” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday
April 13, 2020
Bubble-wrap maker Sealed Air and Simplehuman CEOs are prepping for a touchless future after coronavirus pandemic
The coronavirus pandemic is driving technology development, increased use of e-commerce and a focus on a more touchless lifestyle.
November 09, 2019
ROSEN, A LEADING GLOBAL LAW FIRM, Announces Filing of Securities Class Action Lawsuit Against Sealed Air Corporation - SEE
NEW YORK, Nov. 9, 2019 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Sealed Air Corporation (NYSE: SEE) between November 5, 2014 and August 6, 2018 (the "Class Period"). The...
November 05, 2019
HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Sealed Air Corporation (SEE) Investors Who Suffered Significant Losses To Contact Firm Now, Securities Fraud Class Action Has Been Filed
SAN FRANCISCO, Nov. 4, 2019 /PRNewswire/ -- Hagens Berman urges Sealed Air Corporation (NYSE: SEE) investors who have suffered significant losses to submit their loss now to learn if they qualify to recover their investment losses. A securities fraud class action was recently filed on...
Sealed Air Blogs
January 07, 2019
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Sealed Air Frequently Asked Questions
When was Sealed Air founded?
Sealed Air was founded in 1960.
Who are Sealed Air key executives?
Sealed Air's key executives are Ted Doheny, Emile Chammas and Christopher Stephens.
How many employees does Sealed Air have?
Sealed Air has 16,500 employees.
What is Sealed Air revenue?
Latest Sealed Air annual revenue is $4.9 b.
What is Sealed Air revenue per employee?
Latest Sealed Air revenue per employee is $297.2 k.
Who are Sealed Air competitors?
Competitors of Sealed Air include Avery Dennison, Packaging Corporation of America and Dow.
Where is Sealed Air headquarters?
Sealed Air headquarters is located at 2415 Cascade Pointe Boulevard, Charlotte.
Where are Sealed Air offices?
Sealed Air has offices in Charlotte, Grand Prairie, Hodgkins, Holyoke and in 24 other locations.
How many offices does Sealed Air have?
Sealed Air has 29 offices.
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