Sealed Air

OverviewSuggest Edit

Sealed Air Corporation is a company that provides packaging materials, equipment, and services. It manufactures vacuum skin packaging, barrier bags, chub packaging, lid films, preformed food trays, automated cartoning, bagging systems, fabricated foams, inflatable cushioning, primary medical films, etc. The company serves the protein, foods, fluids, medical and life sciences, pet care, e-commerce and logistics, and industrial markets.
TypePublic
Founded1960
HQCharlotte, NC, US
Websitesealedair.com
Employee Ratings3.7
Overall CultureD-

Latest Updates

Employees (est.) (Dec 2021)16,500
Job Openings309
Revenue (FY, 2021)$5.5 B(+13%)
Share Price (Jul 2022)$59.2
Cybersecurity ratingDMore
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Key People/Management at Sealed Air

Edward Doheny II

Edward Doheny II

President and CEO
Emile Chammas

Emile Chammas

SVP, Chief Operating Officer
Christopher J. Stephens, Jr.

Christopher J. Stephens, Jr.

SVP, Chief Financial Officer
Tobias Grasso

Tobias Grasso

President of the Americas
Alessandra Faccin

Alessandra Faccin

President of Asia Pacific
Jannick Thomsen

Jannick Thomsen

VP, Chief People and Digital Officer
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Sealed Air Office Locations

Sealed Air has offices in Charlotte, Grand Prairie, Hodgkins, Holyoke and in 36 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
Show all (40)

Sealed Air Financials and Metrics

Sealed Air Revenue

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View revenue for all periods
Sealed Air's revenue was reported to be $5.53 b in FY, 2021
USD

Revenue (Q1, 2022)

1.4b

Gross profit (Q1, 2022)

477.0m

Gross profit margin (Q1, 2022), %

33.6%

Net income (Q1, 2022)

149.2m

EBIT (Q1, 2022)

262.1m

Market capitalization (26-Jul-2022)

8.8b

Closing stock price (26-Jul-2022)

59.2

Cash (31-Mar-2022)

278.2m

EV

12.3b
Sealed Air's current market capitalization is $8.8 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

4.8b4.9b5.5b

Revenue growth, %

1%2%

Cost of goods sold

3.2b3.3b3.9b

Gross profit

1.6b1.6b1.7b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

1.2b1.2b1.2b1.3b1.3b1.4b1.4b

Cost of goods sold

783.4m761.3m832.7m866.0m927.8m1.0b940.6m

Gross profit

390.5m389.9m404.5m401.1m400.7m403.7m477.0m

Gross profit Margin, %

33%34%33%31%30%29%34%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

262.4m548.7m561.0m

Accounts Receivable

556.5m541.0m620.3m

Prepaid Expenses

58.9m54.1m50.1m

Inventories

570.3m596.7m725.7m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

274.6m289.7m316.8m370.0m273.1m393.7m278.2m

Accounts Receivable

491.5m515.8m582.7m584.2m627.6m638.6m677.5m

Prepaid Expenses

133.9m103.1m55.2m47.0m58.4m66.2m49.7m

Inventories

568.2m638.2m630.9m652.3m730.7m741.0m843.7m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

263.0m502.9m506.8m

Depreciation and Amortization

150.8m174.2m186.4m

Inventories

12.4m(25.2m)(165.7m)

Accounts Payable

(37.0m)800.0k206.1m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

126.6m226.7m360.7m110.1m218.2m325.9m149.2m

Depreciation and Amortization

43.1m85.9m129.7m45.5m91.2m135.9m45.3m

Inventories

(27.6m)(88.1m)(76.6m)(70.9m)(144.8m)(168.8m)(119.9m)

Accounts Payable

300.0k2.1m(14.9m)69.3m130.5m173.6m10.5m
USDFY, 2019

EV/EBIT

16.9 x

EV/CFO

19.2 x

EV/FCF

30.5 x

Revenue/Employee

290.4k

Debt/Equity

-19.9 x

Debt/Assets

0.7 x

Financial Leverage

-29.4 x

P/E Ratio

23.6
Show all financial metrics

Sealed Air Operating Metrics

FY, 2018FY, 2019FY, 2020FY, 2021

Countries

48124117114

Patents and Patent Applications

2.7 k2.85 k2.95 k2.88 k

Trademarks and Trademark Applications

3.1 k2.6 k2.36 k2.48 k

Manufacturing Facilities

10010710698

Sealed Air Acquisitions / Subsidiaries

Company NameDateDeal Size
Foxpak Flexibles Ltd.February 02, 2022$9.1 m
Automated Packaging SystemsMay 01, 2019
Fagerdala Singapore Pte. Ltd.September 11, 2017$100 m
DELTAPLAM Embalagens Indústria e ComércioAugust 02, 2017
TTS-CiptecJuly 14, 2016
B+ EquipmentAugust 03, 2015$16 m
DiverseyOctober 03, 2011$4.7 b
ProAseptic Technologies S.L.January 21, 2011
Biosphere IndustriesDecember 06, 2006
Nelipak HoldingsJanuary 03, 2006
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Sealed Air Revenue Breakdown

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Sealed Air revenue breakdown by business segment: 56.3% from Food Care and 43.7% from Protective

Sealed Air revenue breakdown by geographic segment: 14.7% from APAC, 21.7% from EMEA and 63.7% from Americas

Sealed Air Cybersecurity Score

Cybersecurity ratingPremium dataset

D

68/100

SecurityScorecard logo

Sealed Air Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Sealed Air Online and Social Media Presence

Embed Graph

Sealed Air Company Culture

  • Overall Culture

    D-

    55/100

  • CEO Rating

    D-

    57/100

  • Compensation

    C

    62/100

  • Diversity

    D-

    51/100

Learn more on Comparably

Sealed Air News and Updates

Bubble Wrap parent Sealed Air beats on sales but misses on profit

Bubble Wrap maker Sealed Air reported fourth-quarter net income totaling $180.9 million, or $1.20 per share, up from $142.2 million, or 91 cents per share, last year. Adjusted EPS of $1.12 missed the FactSet consensus for $1.13. Sales of $1.532 billion were up from $1.341 billion and ahead of the Fa…

: Bubble Wrap maker Sealed Air raises prices, says ‘highly inflationary environment’ to continue

Sealed Air Corp., maker of Bubble Wrap, Cryovac, and other packaging and shipping products for several industries, said late Monday it will increase its prices by 5% to 10% in September thanks to higher input cost and inflation.

(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. 

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...

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

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.
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Sealed Air Blogs

Angel Willis

Angel WillisVice President, General Counsel and Secretary Angel Willis is Vice President, General Counsel and Secretary for Sealed Air. She oversees global legal affairs for the company and serves as Secretary to the Board of Directors. Angel has more than 20 years of legal experience. Prior to join…

ProPad™ Paper System

Prev Next ProPad™ paper packaging system is a superior paper cushioning machine ideal for small-cell or inline operations. Dispensing modes incl…

Fulfillment Design and Engineering Services

Our Fulfillment Design and Engineering Services team, comprised of Lean Six Sigma Black Belt engineers, is ready to help you overcome today’s packaging fulfillment challenges, such as damage, warehouse space, labor shortages, and risi…

Fulfillment Excellence

Our Fulfillment Excellence team, comprised of Lean Six Sigma Black Belt engineers, is ready to help you overcome today’s packaging fulfillment challenges, such as damage, warehouse space, labor shortages, and rising freight costs.  E-…

CogniPRO™ Link

A cloud based technology that connects packaging equipment for a deep analysis of production data, enabling benchmarking and predictive actions. CogniPRO™ Link will provide you a deep 360° assessment and analysis of your operation by a…

Films supérieurs Cryovac® pour barquettes mono-PP

Prev Next Solution d'emballage skin sous vide de barquettes pré-formées mon…
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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 Edward Doheny II, Emile Chammas and Christopher J. Stephens, Jr..

  • How many employees does Sealed Air have?

    Sealed Air has 16,500 employees.

  • What is Sealed Air revenue?

    Latest Sealed Air annual revenue is $5.5 b.

  • What is Sealed Air revenue per employee?

    Latest Sealed Air revenue per employee is $335.4 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 36 other locations.

  • How many offices does Sealed Air have?

    Sealed Air has 40 offices.