Pactiv Evergreen Overview
- Year Founded
-
2006
- Status
-
Public
- Employees
-
15,000
- Stock Symbol
-
PTVE
- Investments
-
8
- Share Price
-
$11.62
- (As of Wednesday Closing)
Pactiv Evergreen General Information
Description
Pactiv Evergreen Inc is engaged in the business of manufacturing and distributing fresh foodservice and food merchandising products and fresh beverage cartons. It operates in two segments: Foodservice, Food and Beverage Merchandising. These segments manufacture products such as food containers, drinkware, tableware, service ware, ready-to-eat food containers, clear rigid-display containers, trays for meat and poultry, molded fiber egg cartons, printed cartons, spouts & filling machines, and other products. It generates the majority of its revenue from Food and Beverage Merchandising. The company's geographical segments are the United States, the Rest of North America, and Others, of which the vast majority of its revenue comes from the United States.
Contact Information
Website
www.pactivevergreen.comCorporate Office
- 1900 West Field Court
- Lake Forest, IL 60045
- United States
Corporate Office
- 1900 West Field Court
- Lake Forest, IL 60045
- United States
Pactiv Evergreen Timeline
Pactiv Evergreen Stock Performance
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $11.62 | $11.54 | $7.70 - $15.84 | $2.08B | 179M | 414K | $0.42 |
Pactiv Evergreen Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 5,843,972 | 6,116,626 | 5,984,843 | 6,142,542 |
| Revenue | 5,243,000 | 5,510,000 | 6,220,000 | 5,437,000 |
| EBITDA | 683,000 | 620,000 | 1,016,000 | 535,000 |
| Net Income | 78,000 | (223,000) | 318,000 | 23,000 |
| Total Assets | 6,362,000 | 6,395,000 | 7,306,000 | 7,021,000 |
| Total Debt | 3,881,000 | 3,867,000 | 4,410,000 | 4,540,000 |
Pactiv Evergreen Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Pactiv Evergreen Comparisons
Industry
Financing
Details
Pactiv Evergreen Competitors (4)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Huhtamäki | Corporation | Espoo, Finland | ||||
| Dart Container | Corporation | Mason, MI | ||||
| Berry Global | Formerly PE-Backed | Evansville, IN | ||||
| Crown Holdings | Corporation | Tampa, FL |
Pactiv Evergreen Patents
Pactiv Evergreen Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20230012048-A1 | Container with integral condiment pocket | Active | 08-Jul-2021 | ||
| US-20220402636-A1 | Multilayer paperboard pouch and method of making the same using conventional bag-making equipment (cbme) | Active | 17-Jun-2021 | ||
| CA-3162650-A1 | Multilayer paperboard pouch and method of making the same using conventional bag-making equipment (cbme) | Pending | 17-Jun-2021 | ||
| US-11827397-B2 | Multilayer paperboard pouch and method of making the same using conventional bag-making equipment (cbme) | Active | 17-Jun-2021 | ||
| US-20220347908-A1 | Mineral-filled polymer articles and methods of forming same | Active | 13-Nov-2017 | C08L67/02 |
Pactiv Evergreen Executive Team (10)
| Name | Title | Board Seat |
|---|---|---|
| Michael King | Chief Executive Officer & Board Member | |
| Jonathan Baksht | Chief Financial Officer | |
| Douglas Owenby | Chief Operating Officer, Operations | |
| Curt Worthington | Vice President of Strategy & Investor Relations |
Pactiv Evergreen Board Members (7)
| Name | Representing | Role | Since |
|---|---|---|---|
| Allen Hugli | Self | Board Member | |
| Felicia Thornton | Self | Board Member | |
| LeighAnne Baker | Self | Chairman & Board Member | |
| Linda Massman | Self | Board Member | |
| Michael King | Pactiv Evergreen | Chief Executive Officer & Board Member |
Pactiv Evergreen Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Pactiv Evergreen Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Pactiv Evergreen Investments & Acquisitions (8)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Fabri-Kal | 01-Oct-2021 | Plastic Containers and Packaging | |||
| Evergreen Packaging | 01-Jan-2020 | Paper Containers and Packaging | |||
| Trans Western Polymers | 05-Nov-2013 | Other Consumer Durables | |||
| Dopaco | 02-May-2011 | Other Commercial Products | |||
| Pactiv (Distributors/Wholesale) | 16-Nov-2010 | Merger/Acquisition | Distributors/Wholesale |
Pactiv Evergreen Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Coast Packaging Co | Logistics | Bloomington, CA |
Pactiv Evergreen ESG
Risk Overview
Risk Rating
Updated April, 27, 2024
18.72 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 16,009
Rank
Percentile
Containers & Packaging
Industry
of 105
Rank
Percentile
Metal and Glass Packaging
Subindustry
of 70
Rank
Percentile
Pactiv Evergreen Exits (2)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Evergreen Packaging | 01-Jan-2020 | Completed |
|
||
| SIG Group | 07-Nov-2007 | Merger/Acquisition | Completed |
Pactiv Evergreen FAQs
-
When was Pactiv Evergreen founded?
Pactiv Evergreen was founded in 2006.
-
Who is the CEO of Pactiv Evergreen?
Michael King is the CEO of Pactiv Evergreen.
-
Where is Pactiv Evergreen headquartered?
Pactiv Evergreen is headquartered in Lake Forest, IL.
-
What is the size of Pactiv Evergreen?
Pactiv Evergreen has 15,000 total employees.
-
What industry is Pactiv Evergreen in?
Pactiv Evergreen’s primary industry is Other Containers and Packaging.
-
Is Pactiv Evergreen a private or public company?
Pactiv Evergreen is a Public company.
-
What is Pactiv Evergreen’s stock symbol?
The ticker symbol for Pactiv Evergreen is PTVE.
-
What is the current stock price of Pactiv Evergreen?
As of 09-Oct-2024 the stock price of Pactiv Evergreen is $11.62.
-
What is the current market cap of Pactiv Evergreen?
The current market capitalization of Pactiv Evergreen is $2.08B.
-
What is Pactiv Evergreen’s current revenue?
The trailing twelve month revenue for Pactiv Evergreen is $5.24B.
-
Who are Pactiv Evergreen’s competitors?
Huhtamäki, Dart Container, Berry Global, and Crown Holdings are competitors of Pactiv Evergreen.
-
What is Pactiv Evergreen’s annual earnings per share (EPS)?
Pactiv Evergreen’s EPS for 12 months was $0.42.
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