Reynolds Consumer Products Inc. (REYN) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.4	$0.42	+5.0%	—	$944M	—
Q1 26	$0.24	$0.28	+16.7%	—	$877M	—
Q4 25	$0.59	$0.59	0.0%	—	$1B	—
Q3 25	$0.39	$0.42	+7.7%	—	$931M	—
Q2 25	$0.38	$0.39	+2.6%	—	$938M	—
Q1 25	$0.23	$0.23	0.0%	—	$818M	—
Q4 24	$0.58	$0.58	0.0%	—	$1B	—
Q3 24	$0.42	$0.41	-2.4%	—	$910M	—
Q2 24	$0.44	$0.46	+4.5%	—	$930M	—
Q1 24	$0.22	$0.23	+4.5%	—	$833M	—
Q4 23	$0.62	$0.65	+4.8%	—	$1B	—
Q3 23	$0.37	$0.37	0.0%	—	$935M	—
Q2 23	$0.28	$0.32	+14.3%	—	$940M	—
Q1 23	$0.08	$0.08	0.0%	—	$874M	—
Q4 22	$0.57	$0.53	-7.0%	—	$1.1B	—
Q3 22	$0.23	$0.24	+4.3%	—	$967M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$1.43	—	—	$3.7B	—
FY24	—	$1.68	—	—	$3.7B	—
FY23	—	$1.42	—	—	$3.8B	—
FY22	—	$1.23	—	—	$3.8B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$2.9B	$3B	$3.1B	$3B	$3.3B	$3.6B	$3.8B	$3.8B	$3.7B	$3.7B
YoY change	—	+0.75%	+6.26%	-3.5%	+7.62%	+8.98%	+7.34%	-1.6%	-1.62%	+0.7%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	2.9B	3B	3.1B	3B	3.3B	3.6B	3.8B	3.8B	3.7B	3.7B
Cost of revenue	2B	2.1B	2.3B	2.2B	2.3B	2.7B	3B	2.8B	2.7B	2.8B
Gross profit	887M	862M	832M	880M	973M	811M	776M	942M	978M	914M
Gross margin	30.2%	29.2%	26.5%	29%	29.8%	22.8%	20.3%	25.1%	26.5%	24.6%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	338M	304M	298M	315M	358M	320M	340M	430M	429M	382M
Operating expenses	353M	322M	319M	339M	356M	319M	350M	430M	429M	382M
Operating income	534M	540M	513M	541M	617M	491M	436M	512M	549M	532M
Operating margin	18.2%	18.3%	16.3%	17.8%	18.9%	13.8%	11.4%	13.6%	14.9%	14.3%
Non-operating income, net	-10M	—	—	-31M	-31M	-13M	-22M	—	—	-53M
Pretax income	133M	218M	233M	301M	516M	430M	338M	393M	451M	393M
Income tax	54M	-84M	57M	76M	153M	106M	80M	95M	99M	92M
Net income	79M	302M	176M	225M	363M	324M	258M	298M	352M	301M
Net margin	2.69%	10.2%	5.6%	7.42%	11.1%	9.11%	6.76%	7.93%	9.53%	8.09%
EBITDA	633M	655M	651M	664M	712M	597M	545M	661M	707M	683M
EPS	0.39	1.49	0.87	1.11	1.78	1.54	1.23	1.42	1.68	1.43
Diluted EPS	0.39	1.49	0.87	1.11	1.77	1.54	1.23	1.42	1.67	1.43

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	935M	1B	833M	930M	910M	1B	818M	938M	931M	1B	877M	944M
Cost of revenue	686M	697M	632M	674M	671M	740M	629M	712M	698M	768M	670M	699M
Gross profit	249M	309M	201M	256M	239M	280M	189M	226M	233M	266M	207M	245M
Gross margin	26.6%	30.7%	24.1%	27.5%	26.3%	27.5%	23.1%	24.1%	25%	25.7%	23.6%	26%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	115M	103M	111M	116M	101M	100M	104M	96M	99M	82M	109M	107M
Operating expenses	115M	103M	111M	116M	101M	100M	104M	108M	110M	82M	109M	107M
Operating income	134M	206M	90M	140M	138M	180M	85M	118M	123M	216M	98M	138M
Operating margin	14.3%	20.5%	10.8%	15.1%	15.2%	17.6%	10.4%	12.6%	13.2%	20.9%	11.2%	14.6%
Non-operating income, net	—	—	—	—	—	—	-22M	—	—	-40M	—	—
Pretax income	103M	178M	65M	115M	113M	158M	42M	96M	102M	153M	77M	116M
Income tax	25M	41M	16M	18M	27M	37M	11M	23M	23M	36M	18M	27M
Net income	78M	137M	49M	97M	86M	121M	31M	73M	79M	117M	59M	89M
Net margin	8.34%	13.6%	5.88%	10.4%	9.45%	11.9%	3.79%	7.78%	8.49%	11.3%	6.73%	9.43%
EBITDA	165M	263M	122M	171M	171M	242M	108M	151M	158M	267M	131M	170M
EPS	0.37	0.65	0.23	0.46	0.41	0.58	0.15	0.35	0.38	0.56	0.28	0.42
Diluted EPS	0.37	0.65	0.23	0.46	0.41	0.58	0.15	0.35	0.38	0.56	0.28	0.42

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	—	—	6.1B	6.6B	6.3B	5.6B	5.7B	4.8B	4.7B
Enterprise value	—	—	—	—	8.1B	8.6B	8.4B	7.4B	7.3B	6.4B	6.2B
Shares outstanding	202.6M	202.7M	202.7M	202.6M	204.5M	209.8M	209.8M	210M	210.1M	210.3M	210.3M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	16.9	20.3	24.4	18.9	16.1	16	13.3
P/S	—	—	—	—	1.88	1.85	1.65	1.5	1.53	1.3	1.23
P/B	—	—	—	—	3.8	3.75	3.37	2.84	2.65	2.14	2.01
EV/EBITDA	—	—	—	—	11.4	14.4	15.4	11.2	10.3	9.31	9.03
EV/Sales	—	—	—	—	2.49	2.42	2.2	1.97	1.98	1.71	1.65
Earnings yield	—	—	—	—	5.91%	4.92%	4.1%	5.29%	6.21%	6.24%	7.52%
FCF yield	—	—	—	—	2.86%	2.57%	1.45%	9.58%	6.51%	6.56%	5.25%
PEG	—	—	—	—	—	—	—	—	—	—	0.67

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	30.2%	29.2%	26.5%	29%	29.8%	22.8%	20.3%	25.1%	26.5%	24.6%	26%
Operating margin	18.2%	18.3%	16.3%	17.8%	18.9%	13.8%	11.4%	13.6%	14.9%	14.3%	14.6%
Net margin	2.69%	10.2%	5.6%	7.42%	11.1%	9.11%	6.76%	7.93%	9.53%	8.09%	9.09%
ROE	—	-23.3%	-17.1%	-27.5%	22.5%	18.5%	13.8%	15%	16.4%	13.4%	15.4%
ROA	—	5.11%	2.74%	5.41%	7.69%	6.73%	5.23%	6.23%	7.22%	6.1%	6.98%
ROIC	—	11.6%	7.86%	12.1%	12.1%	9.84%	8.35%	10.3%	11.3%	10.8%	11.3%
Return on tangible assets	—	-137.9%	49.9%	-12.2%	-29.8%	-30.3%	-29%	-29.4%	-40.9%	-40.7%	-60%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	—	0.11	0.37	1.51	2.44	2.28	2.36	2.18	2.04	1.93	1.79
Quick ratio	—	0.03	0.06	0.4	1.47	1.08	0.91	1.08	0.99	0.92	0.71
Debt / equity	—	-4.6	-5.82	-5.21	1.41	1.24	1.16	0.95	0.83	0.75	0.71
Debt / assets	—	1.01	0.93	1.02	0.48	0.45	0.44	0.4	0.37	0.34	0.32
Net debt / EBITDA	—	9.09	9.15	6.26	2.77	3.36	3.89	2.69	2.32	2.25	2.18
Interest coverage	1.33	1.63	1.7	2.25	8.82	10.8	5.33	3.73	4.55	4.85	5.35
Effective tax rate	40.6%	0%	24.5%	25.2%	29.7%	24.7%	23.7%	24.2%	22%	23.4%	23.2%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	14.5	14.6	15.5	15	16	16.9	18.2	17.9	17.6	17.7	18
EPS (basic)	0.39	1.49	0.87	1.11	1.78	1.54	1.23	1.42	1.68	1.43	1.43
EPS (diluted)	0.39	1.49	0.87	1.11	1.77	1.54	1.23	1.42	1.67	1.43	1.66
Book value per share	—	-6.4	-5.07	-4.04	7.9	8.37	8.9	9.44	10.2	10.7	11
FCF per share	1.73	1.67	2.21	1.45	0.86	0.81	0.43	2.57	1.76	1.5	1.51
Cash per share	—	0.11	0.11	0.5	1.53	0.78	0.18	0.55	0.65	0.7	0.34
Capex per share	0.21	0.28	0.4	0.54	0.7	0.67	0.61	0.5	0.57	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	1.47%	1.89%	2.61%	3.59%	4.38%	3.97%	3.35%	2.77%	3.25%	—	—
Capex / operating cash flow	25.3%	32.7%	37.8%	37.8%	44.7%	43%	61%	16.9%	23.3%	—	—
Payout ratio	—	—	0%	0%	34.2%	59.3%	74.4%	64.4%	54.5%	63.8%	56.4%
Dividend yield	—	—	—	—	2.02%	2.91%	3.05%	3.41%	3.39%	3.98%	4.16%

Yield

4.16%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.23

ex-dividend Aug 17, 2026

Payout ratio

56%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 17, 2026	$0.23
May 15, 2026	$0.23
Feb 13, 2026	$0.23
Nov 14, 2025	$0.23
Aug 15, 2025	$0.23
May 16, 2025	$0.23
Feb 14, 2025	$0.23
Nov 15, 2024	$0.23

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$935M	$1B	$833M	$930M	$910M	$1B	$818M	$938M	$931M	$1B	$877M	$944M
YoY change	-3.31%	-7.54%	-4.69%	-1.06%	-2.67%	+1.39%	-1.8%	+0.86%	+2.31%	+1.37%	+7.21%	+0.64%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	23M	23M	102M	312M	164M	38M	115M	137M	147M
Receivables	9M	16M	13M	292M	316M	348M	347M	337M	355M
Inventory	371M	429M	418M	419M	583M	722M	524M	567M	584M
Total current assets	487M	516M	570M	1.1B	1.1B	1.2B	1B	1.1B	1.1B
Property, plant & equipment	308M	340M	448M	528M	549M	584M	568M	618M	681M
Goodwill & intangibles	6.1B	6.1B	6B	5.9B	5.9B	5.8B	5.8B	5.7B	5.7B
Total assets	5.9B	6.4B	4.2B	4.7B	4.8B	4.9B	4.8B	4.9B	4.9B
Accounts payable	121M	136M	135M	185M	261M	252M	219M	319M	387M
Short-term debt	3.6B	271M	21M	25M	36M	39M	16M	20M	23M
Total current liabilities	4.5B	1.4B	378M	432M	484M	496M	478M	539M	577M
Long-term debt	2.3B	5.7B	4.2B	2.3B	2.1B	2.1B	1.9B	1.8B	1.7B
Total liabilities	7.2B	7.4B	5B	3.1B	3.1B	3.1B	2.8B	2.7B	2.7B
Shareholders' equity	-1.3B	-1B	-818M	1.6B	1.8B	1.9B	2B	2.1B	2.3B
Total debt	6B	6B	4.3B	2.3B	2.2B	2.2B	1.9B	1.8B	1.7B
Net debt	6B	6B	4.2B	2B	2B	2.1B	1.8B	1.6B	1.5B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	124M	115M	135M	101M	96M	137M	58M	57M	53M	147M	71M	66M
Receivables	345M	347M	330M	371M	339M	337M	310M	333M	351M	355M	368M	357M
Inventory	576M	524M	570M	584M	624M	567M	632M	630M	639M	584M	637M	718M
Total current assets	1.1B	1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.2B
Property, plant & equipment	776M	568M	814M	808M	808M	618M	871M	885M	905M	681M	934M	966M
Goodwill & intangibles	5.8B	5.8B	5.8B	5.8B	5.8B	5.7B	5.7B	5.7B	5.7B	5.7B	5.7B	5.7B
Total assets	4.8B	4.8B	4.9B	4.9B	4.8B	4.9B	4.8B	4.9B	4.9B	4.9B	4.9B	5.1B
Accounts payable	237M	219M	290M	310M	335M	319M	370M	393M	364M	387M	418M	433M
Short-term debt	16M	16M	18M	19M	19M	20M	38M	39M	39M	23M	25M	27M
Total current liabilities	467M	478M	517M	523M	543M	539M	584M	575M	559M	577M	616M	660M
Long-term debt	2B	1.9B	1.9B	1.8B	1.8B	1.8B	1.7B	1.7B	1.7B	1.7B	1.6B	1.6B
Total liabilities	2.9B	2.8B	2.9B	2.8B	2.8B	2.7B	2.7B	2.7B	2.7B	2.7B	2.7B	2.8B
Shareholders' equity	1.9B	2B	2B	2B	2.1B	2.1B	2.1B	2.1B	2.2B	2.3B	2.3B	2.3B
Total debt	2B	1.9B	1.9B	1.9B	1.8B	1.8B	1.7B	1.7B	1.7B	1.7B	1.6B	1.6B
Net debt	1.9B	1.8B	1.8B	1.8B	1.7B	1.6B	1.7B	1.7B	1.7B	1.5B	1.6B	1.6B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	79M	302M	176M	225M	363M	324M	258M	298M	352M	301M
Depreciation & amortization	97M	90M	87M	91M	99M	109M	117M	124M	129M	135M
Stock-based compensation	—	—	0	0	5M	4M	5M	14M	19M	21M
Change in working capital	-26M	-75M	-24M	-30M	-214M	-131M	-171M	183M	26M	22M
Operating cash flow	170M	171M	217M	288M	320M	328M	210M	614M	515M	477M
Capital expenditure	-43M	-56M	-82M	-109M	-143M	-141M	-128M	-104M	-120M	—
Investing cash flow	-584M	-364M	-554M	-128M	-143M	-141M	-128M	-110M	-120M	0
Dividends paid	—	—	0	0	-124M	-192M	-192M	-192M	-192M	-192M
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	180M	-40M	24M	-196M	34M	-317M	-217M	-457M	-346M	-306M
Net change in cash	-234M	-233M	-313M	-36M	211M	-130M	-135M	47M	49M	171M
Free cash flow	350M	339M	448M	294M	176M	169M	91M	540M	369M	316M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	78M	137M	49M	96M	86M	121M	31M	74M	79M	117M	59M	89M
Depreciation & amortization	31M	32M	32M	31M	33M	33M	32M	33M	35M	35M	33M	32M
Stock-based compensation	4M	4M	4M	5M	5M	5M	6M	5M	7M	3M	4M	4M
Change in working capital	92M	43M	64M	-72M	16M	18M	34M	-33M	-61M	82M	-15M	-90M
Operating cash flow	200M	214M	148M	61M	130M	176M	95M	79M	93M	237M	71M	102M
Capital expenditure	-26M	-27M	-29M	-19M	-31M	-41M	-39M	-40M	—	—	—	—
Investing cash flow	-26M	-27M	-29M	-19M	-31M	-41M	-39M	-40M	—	—	—	—
Dividends paid	-48M	-48M	-48M	-48M	-48M	-48M	-48M	-48M	-48M	-48M	-48M	-48M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-149M	-197M	-50M	-99M	-98M	-99M	-96M	-52M	-52M	-106M	-103M	-50M
Net change in cash	25M	-10M	69M	-57M	1M	36M	-40M	-13M	41M	131M	-32M	52M
Free cash flow	190M	194M	70M	65M	93M	141M	17M	51M	48M	200M	27M	45M

Reynolds Consumer Products Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement