Berry Global Group (BERY) Financials

Berry Global Group Inc (BERY) is a leading global manufacturer and marketer of plastic packaging products. The company operates through three segments: Consumer Packaging, Health, Hygiene & Specialties, and Engineered Materials. BERY's products are used in a wide range of industries including food and beverage, personal care, healthcare, industrial, and automotive. The company has a strong presence in North America, Europe, Asia, and South America.

Looking at BERY's financials, the company has consistently shown strong performance. In terms of total revenue, BERY has seen steady growth over the past few years. For the fiscal year ending September 2020, the company reported total revenue of $11.7 billion, compared to $11.5 billion in the previous year. This growth can be attributed to both organic growth and acquisitions.

When it comes to profitability, BERY has delivered impressive results. The company's gross profit margin has remained consistently high, indicating efficient cost management and pricing strategies. In the fiscal year ending September 2020, BERY reported a gross profit of $2.6 billion, representing a gross profit margin of 22%. This is a testament to the company's ability to generate a significant return on its sales.

Another key financial metric for BERY is EBITDA (earnings before interest, taxes, depreciation, and amortization), which is a measure of a company's operating performance. BERY has demonstrated strong EBITDA growth over the past few years. In the fiscal year ending September 2020, the company reported EBITDA of $1.8 billion, compared to $1.7 billion in the previous year. This growth can be attributed to both organic growth and cost-saving initiatives.

Moving on to the balance sheet, BERY has a solid financial position. The company has a strong stockholders' equity, indicating a healthy financial condition. In the fiscal year ending September 2020, BERY reported a stockholders' equity of $4.9 billion, compared to $4.5 billion in the previous year. This indicates that BERY is well-capitalized and has the resources to support its operations and investments.

In terms of cash flow, BERY has consistently generated positive operating cash flow. This indicates that the company is able to generate cash from its core operations. In the fiscal year ending September 2020, BERY reported operating cash flow of $1.5 billion, compared to $1.4 billion in the previous year. This positive cash flow allows BERY to reinvest in its business, pay dividends to shareholders, and fund potential acquisitions.

When it comes to the company's debt position, BERY has managed its debt levels effectively. The company has a relatively low level of net debt, indicating a conservative approach to leverage. In the fiscal year ending September 2020, BERY reported a net debt of $7.2 billion, compared to $7.4 billion in the previous year. This indicates that BERY has the ability to meet its debt obligations and is not overly burdened by debt.

In conclusion, Berry Global Group Inc (BERY) is a financially strong company with a solid balance sheet, strong profitability, and positive cash flow. The company's consistent growth in total revenue and EBITDA demonstrates its ability to generate strong financial performance. With its solid financial position, BERY is well-positioned to capitalize on growth opportunities in the plastic packaging industry.