Newell Brands (NWL) Financials

$4.49 -0.12 (-2.60%)

Closing price 04:00 PM Eastern

Extended Trading

$4.53 +0.04 (+0.82%)

As of 07:55 PM Eastern

Annual Income Statements for Newell Brands

This table shows Newell Brands' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	350	528	2,749	-6,942	107	-766	622	197	-388	-216	-285
Consolidated Net Income / (Loss)	350	528	2,749	-6,942	107	-766	622	197	-388	-216	-285
Net Income / (Loss) Continuing Operations	259	-38	2,434	-6,633	186	-766	622	197	-388	-216	-285
Total Pre-Tax Income	338	19	919	-7,992	-852	-1,001	760	157	-543	-260	-301
Total Operating Income	601	298	707	-7,554	-482	-629	1,013	312	-85	67	39
Total Gross Profit	2,305	2,971	3,811	3,518	3,219	3,084	3,363	2,834	2,353	2,548	2,432
Total Revenue	5,916	9,181	11,170	10,154	9,715	9,385	10,589	9,459	8,133	7,582	7,204
Operating Revenue	5,916	9,181	11,170	10,154	9,715	9,385	10,589	9,459	8,133	7,582	7,204
Total Cost of Revenue	3,611	6,210	7,360	6,636	6,496	6,301	7,226	6,625	5,780	5,034	4,772
Operating Cost of Revenue	3,611	6,210	7,360	6,636	6,496	6,301	7,226	6,625	5,780	5,034	4,772
Total Operating Expenses	1,703	2,673	3,104	11,072	3,701	3,713	2,350	2,522	2,438	2,481	2,393
Selling, General & Admin Expense	1,574	2,611	2,924	2,648	2,451	2,189	2,274	2,033	2,001	2,083	1,985
Impairment Charge	0.00	0.00	84	8,337	1,223	1,503	60	474	342	353	346
Restructuring Charge	77	62	95	87	27	21	16	15	95	45	62
Total Other Income / (Expense), net	-264	-279	213	-438	-370	-372	-253	-155	-458	-327	-340
Interest Expense	80	452	501	450	331	294	261	1.00	0.00	14	13
Interest & Investment Income	-173	-	-	-	-	-	-	-235	-283	-295	-321
Other Income / (Expense), net	-11	173	714	12	-39	-78	8.00	81	-175	-18	-6.00
Income Tax Expense	78	57	-1,515	-1,359	-1,038	-235	138	-40	-155	-44	-16
Basic Earnings per Share	$1.30	$1.25	$5.65	($14.65)	$0.25	($1.81)	$1.46	$0.47	($0.94)	($0.52)	($0.68)
Weighted Average Basic Shares Outstanding	269.30M	421.30M	486.70M	473.70M	423.30M	424.10M	425.30M	415.70M	414.10M	415.50M	418.20M
Diluted Earnings per Share	$1.29	$1.25	$5.63	($14.65)	$0.25	($1.81)	$1.45	$0.47	($0.94)	($0.52)	($0.68)
Weighted Average Diluted Shares Outstanding	271.30M	421.30M	488M	473.70M	423.90M	424.10M	428M	417.40M	414.10M	415.50M	418.20M
Weighted Average Basic & Diluted Shares Outstanding	269.20M	422.20M	486.50M	473.80M	423.50M	424.60M	425.50M	413.60M	414.30M	416.20M	419.20M
Cash Dividends to Common per Share	$0.76	$0.76	$0.88	$0.92	$0.92	$0.92	$0.92	$0.92	$0.44	$0.28	$0.28

This table shows Newell Brands' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-218	-86	-9.00	45	-204	-54	-40	46	27	-318	-33
Consolidated Net Income / (Loss)	-218	-86	-9.00	45	-198	-54	-37	46	21	-315	-33
Net Income / (Loss) Continuing Operations	-218	-86	-9.00	45	-198	-54	-37	46	21	-315	-33
Total Pre-Tax Income	-298	-164	-60	84	-205	-79	-55	71	42	-359	-61
Total Operating Income	-159	-10	16	163	-121	9.00	21	171	119	-272	34
Total Gross Profit	621	621	504	699	679	666	503	685	616	628	513
Total Revenue	2,048	2,076	1,653	2,033	1,947	1,949	1,566	1,935	1,806	1,897	1,549
Operating Revenue	2,048	2,076	1,653	2,033	1,947	1,949	1,566	1,935	1,806	1,897	1,549
Total Cost of Revenue	1,427	1,455	1,149	1,334	1,268	1,283	1,063	1,250	1,190	1,269	1,036
Operating Cost of Revenue	1,427	1,455	1,149	1,334	1,268	1,283	1,063	1,250	1,190	1,269	1,036
Total Operating Expenses	780	631	488	536	800	657	482	514	497	900	479
Selling, General & Admin Expense	501	544	462	520	536	565	471	508	492	514	472
Restructuring Charge	16	19	26	10	4.00	5.00	11	6.00	5.00	40	7.00
Total Other Income / (Expense), net	-139	-154	-76	-79	-84	-88	-76	-100	-77	-87	-95
Interest & Investment Income	-69	-	-70	-78	-75	-	-72	-82	-83	-84	-84
Other Income / (Expense), net	-70	-84	-5.00	-1.00	-9.00	-3.00	-4.00	-5.00	6.00	-3.00	-11
Income Tax Expense	-80	-78	-51	39	-7.00	-25	-18	25	21	-44	-28
Basic Earnings per Share	($0.53)	($0.20)	($0.02)	$0.11	($0.48)	($0.13)	($0.09)	$0.11	$0.05	($0.75)	($0.08)
Weighted Average Basic Shares Outstanding	414.20M	414.10M	414.70M	415.20M	416M	415.50M	416.80M	417.80M	419.10M	418.20M	421.60M
Diluted Earnings per Share	($0.53)	($0.20)	($0.02)	$0.11	($0.48)	($0.13)	($0.09)	$0.11	$0.05	($0.75)	($0.08)
Weighted Average Diluted Shares Outstanding	414.20M	414.10M	414.70M	418.20M	416M	415.50M	416.80M	420.90M	423.50M	418.20M	421.60M
Weighted Average Basic & Diluted Shares Outstanding	414.20M	414.30M	415.20M	416M	416M	416.20M	417.70M	419.10M	419.20M	419.20M	424.90M
Cash Dividends to Common per Share	$0.07	-	$0.07	$0.07	$0.07	-	$0.07	$0.07	$0.07	-	$0.07

This table details how cash moves in and out of Newell Brands' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	75	313	-102	33	-125	650	-544	-174	58	-142	1.00
Net Cash From Operating Activities	593	1,840	966	680	1,044	1,432	884	-272	930	496	264
Net Cash From Continuing Operating Activities	593	1,840	966	680	1,044	1,432	884	-272	930	496	264
Net Income / (Loss) Continuing Operations	350	528	2,749	-6,942	107	-766	622	197	-388	-216	-285
Consolidated Net Income / (Loss)	350	528	2,749	-6,942	107	-766	622	197	-388	-216	-285
Depreciation Expense	172	437	636	434	446	357	325	296	334	323	311
Non-Cash Adjustments To Reconcile Net Income	139	-2.20	-550	9,053	1,424	1,627	103	327	484	424	405
Changes in Operating Assets and Liabilities, net	-68	878	-1,868	-1,865	-933	214	-166	-1,092	500	-35	-167
Net Cash From Investing Activities	-650	-8,825	1,079	4,807	736	-228	-268	343	-199	-151	-164
Net Cash From Continuing Investing Activities	-650	-8,825	1,079	4,807	736	-228	-268	343	-199	-151	-164
Purchase of Property, Plant & Equipment	-211	-441	-406	-384	-265	-259	-289	-312	-284	-259	-247
Divestitures	215	227	2,107	5,133	996	16	0.00	617	11	14	22
Sale and/or Maturity of Investments	-	-	-	-	-	-	15	25	43	60	31
Other Investing Activities, net	18	25	12	58	5.00	15	6.00	13	31	34	30
Net Cash From Financing Activities	145	7,329	-2,196	-5,454	-1,904	-559	-1,143	-232	-664	-451	-101
Net Cash From Continuing Financing Activities	145	7,329	-2,196	-5,454	-1,904	-559	-1,143	-232	-664	-451	-101
Repayment of Debt	-57	-1,741	-1,546	-3,512	-1,342	-658	-721	-511	-480	-1,570	-1,216
Payment of Dividends	-206	-329	-429	-435	-391	-392	-422	-385	-184	-118	-120
Issuance of Debt	595	9,415	112	0.00	0.00	491	0.00	989	0.00	1,237	1,235
Effect of Exchange Rate Changes	-13	-31	-	-	-1.00	5.00	-17	-13	-9.00	-36	2.00
Cash Interest Paid	83	316	459	458	304	281	271	244	298	319	354
Cash Income Taxes Paid	55	189	262	292	156	106	165	172	103	173	137

This table details how cash moves in and out of Newell Brands' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	92	-61	39	5.00	116	-302	33	-10	27	-49	23
Net Cash From Operating Activities	402	251	32	32	282	150	-213	-58	374	161	-233
Net Cash From Continuing Operating Activities	402	251	32	32	282	150	-213	-58	374	161	-233
Net Income / (Loss) Continuing Operations	-218	-86	-9.00	45	-198	-54	-37	46	21	-315	-33
Consolidated Net Income / (Loss)	-218	-86	-9.00	45	-198	-54	-37	46	21	-315	-33
Depreciation Expense	81	94	85	79	81	78	75	79	77	80	79
Non-Cash Adjustments To Reconcile Net Income	331	151	13	18	277	116	11	26	-4.00	372	12
Changes in Operating Assets and Liabilities, net	208	92	-57	-110	122	10	-262	-209	280	24	-291
Net Cash From Investing Activities	-53	-52	-50	-34	-23	-44	-27	-65	-23	-49	-29
Net Cash From Continuing Investing Activities	-53	-52	-50	-34	-23	-44	-27	-65	-23	-49	-29
Purchase of Property, Plant & Equipment	-67	-75	-59	-53	-51	-96	-59	-59	-59	-70	-37
Sale and/or Maturity of Investments	11	9.00	8.00	9.00	8.00	35	9.00	6.00	10	6.00	9.00
Other Investing Activities, net	3.00	3.00	1.00	10	6.00	17	23	-12	4.00	15	-1.00
Net Cash From Financing Activities	-247	-259	60	18	-142	-387	270	112	-323	-160	286
Net Cash From Continuing Financing Activities	-246	-261	60	18	-142	-387	270	112	-323	-160	286
Repayment of Debt	4.00	-476	91	47	-152	-1,556	-9.00	-784	-293	-130	27
Payment of Dividends	-29	-29	-31	-29	-29	-29	-31	-29	-30	-30	-36
Issuance of Debt	-221	244	-	-	-	1,198	310	925	-	-	295
Other Net Changes in Cash	-10	-	-	-	-	-	3.00	-	-	-	-1.00

This table presents Newell Brands' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	7,260	33,838	33,136	17,722	15,642	14,700	14,269	13,262	12,163	11,004	10,715
Total Current Assets	2,494	7,485	10,726	5,959	4,110	4,628	4,352	4,052	3,354	2,775	2,708
Cash & Equivalents	275	588	486	496	349	981	440	287	332	198	203
Accounts Receivable	1,251	2,747	1,879	2,164	1,842	1,678	1,500	1,250	1,195	878	987
Inventories, net	722	2,116	1,662	1,761	1,606	1,638	2,087	2,203	1,531	1,400	1,281
Prepaid Expenses	148	288	328	295	313	331	325	312	296	299	237
Plant, Property, & Equipment, net	599	1,543	972	1,226	1,155	0.00	0.00	1,184	1,212	1,157	1,209
Total Noncurrent Assets	4,167	24,810	21,437	10,538	10,377	10,072	9,917	8,026	7,597	7,072	6,798
Goodwill	2,791	10,219	6,873	3,874	3,709	3,553	3,504	3,298	3,071	3,038	3,101
Intangible Assets	1,064	14,112	10,200	6,151	4,916	3,564	3,370	2,649	2,488	2,008	1,634
Noncurrent Deferred & Refundable Income Taxes	39	95	145	183	776	838	814	810	806	806	825
Other Noncurrent Operating Assets	273	384	378	330	976	2,117	2,229	1,269	1,232	1,220	1,238
Total Liabilities & Shareholders' Equity	7,260	33,838	33,136	17,722	15,642	14,700	14,269	13,262	12,163	11,004	10,715
Total Liabilities	5,433	22,453	18,954	12,469	10,646	10,800	10,111	9,743	9,051	8,253	8,324
Total Current Liabilities	1,989	4,292	4,908	3,304	2,978	3,621	3,317	3,078	2,897	2,437	2,525
Short-Term Debt	389	602	662	319	332	466	3.00	621	329	87	130
Accounts Payable	642	1,519	1,227	1,192	1,102	1,526	1,680	1,062	1,003	891	931
Other Current Liabilities	-	1,465	1,272	1,308	1,340	1,393	1,364	1,272	1,565	1,459	1,464
Total Noncurrent Liabilities	3,445	18,161	14,047	9,166	7,668	7,179	6,794	6,665	6,154	5,816	5,799
Long-Term Debt	2,669	11,291	9,889	6,696	5,391	5,141	4,883	4,756	4,575	4,508	4,543
Noncurrent Deferred & Payable Income Tax Liabilities	227	5,083	2,553	1,090	625	414	428	520	241	178	50
Other Noncurrent Operating Liabilities	549	1,787	1,362	1,379	1,652	1,624	1,483	1,389	1,338	1,130	1,206
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,826	11,384	14,181	5,253	4,996	3,900	4,158	3,519	3,112	2,751	2,391
Total Preferred & Common Equity	1,823	11,349	14,145	5,218	4,963	3,874	4,158	3,519	3,112	2,751	2,391
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,823	11,349	14,145	5,218	4,963	3,874	4,158	3,519	3,112	2,751	2,391
Common Stock	1,089	10,649	10,870	9,227	8,877	8,526	8,184	7,491	7,355	7,308	7,252
Retained Earnings	2,091	2,290	4,611	-2,511	-2,404	-3,174	-2,535	-2,338	-2,726	-2,942	-3,227
Treasury Stock	-523	-545	-574	-585	-590	-598	-609	-623	-627	-634	-644
Accumulated Other Comprehensive Income / (Loss)	-834	-1,045	-763	-913	-920	-880	-882	-1,011	-890	-981	-990

This table presents Newell Brands' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	14,678	13,276	13,020	12,572	12,100	12,048	11,773	11,279	11,507	11,287	10,859
Total Current Assets	5,148	4,055	3,839	3,748	3,401	3,425	3,362	3,046	3,111	2,940	2,913
Cash & Equivalents	636	271	317	396	372	382	494	233	219	229	201
Accounts Receivable	1,502	1,218	1,285	1,212	958	1,072	931	892	1,081	943	893
Inventories, net	2,527	2,240	1,937	1,778	1,695	1,639	1,652	1,587	1,515	1,456	1,493
Prepaid Expenses	483	326	300	362	376	332	285	334	296	312	326
Plant, Property, & Equipment, net	1,124	1,213	1,207	1,202	1,194	1,153	1,153	1,178	1,204	1,211	1,194
Total Noncurrent Assets	8,406	8,008	7,974	7,622	7,505	7,470	7,258	7,055	7,192	7,136	6,752
Goodwill	3,300	3,305	3,310	3,049	3,059	3,055	3,074	3,059	3,103	3,100	3,092
Intangible Assets	2,869	2,635	2,612	2,550	2,447	2,412	2,155	2,006	2,025	1,999	1,607
Noncurrent Deferred & Refundable Income Taxes	778	798	794	783	775	757	791	799	820	807	814
Other Noncurrent Operating Assets	1,459	1,270	1,258	1,240	1,224	1,246	1,238	1,191	1,244	1,230	1,239
Total Liabilities & Shareholders' Equity	14,678	13,276	13,020	12,572	12,100	12,048	11,773	11,279	11,507	11,287	10,859
Total Liabilities	10,902	9,943	9,705	9,446	9,024	8,968	8,913	8,589	8,815	8,590	8,517
Total Current Liabilities	4,108	3,291	3,060	3,019	2,956	3,502	3,402	2,687	2,779	2,588	2,795
Short-Term Debt	1,078	852	597	376	429	983	869	397	542	237	425
Accounts Payable	1,437	1,092	1,013	1,084	1,038	1,079	1,047	1,050	885	902	1,045
Other Current Liabilities	1,470	1,235	1,322	1,409	1,489	1,440	1,486	1,240	1,352	1,449	1,325
Total Noncurrent Liabilities	6,794	6,652	6,645	6,427	6,068	5,466	5,511	5,902	6,036	6,002	5,722
Long-Term Debt	4,762	4,776	4,753	4,737	4,558	4,059	4,092	4,523	4,535	4,540	4,540
Noncurrent Deferred & Payable Income Tax Liabilities	641	501	479	393	237	236	223	184	117	102	5.00
Other Noncurrent Operating Liabilities	1,391	1,375	1,413	1,297	1,273	1,171	1,196	1,195	1,384	1,360	1,177
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	3,776	3,333	3,315	3,126	3,076	3,080	2,860	2,690	2,692	2,697	2,342
Total Preferred & Common Equity	3,776	3,333	3,315	3,126	3,076	3,080	2,860	2,690	2,692	2,697	2,342
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	3,776	3,333	3,315	3,126	3,076	3,080	2,860	2,690	2,692	2,697	2,342
Common Stock	7,582	7,404	7,385	7,368	7,341	7,328	7,314	7,292	7,279	7,261	7,238
Retained Earnings	-2,133	-2,440	-2,422	-2,640	-2,735	-2,690	-2,888	-2,979	-2,933	-2,912	-3,260
Treasury Stock	-623	-627	-627	-627	-631	-631	-633	-639	-640	-644	-662
Accumulated Other Comprehensive Income / (Loss)	-1,050	-1,004	-1,021	-975	-899	-927	-933	-984	-1,014	-1,008	-974

This table displays calculated financial ratios and metrics derived from Newell Brands' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	3.29%	55.20%	21.67%	-9.10%	-4.32%	-3.40%	12.83%	-10.67%	-14.02%	-6.77%	-4.99%
EBITDA Growth	7.01%	19.18%	126.49%	-445.70%	98.94%	-366.67%	484.57%	-48.81%	-89.26%	402.70%	-7.53%
EBIT Growth	6.19%	-20.25%	201.85%	-630.94%	93.09%	-35.70%	244.41%	-61.51%	-166.16%	118.85%	-32.65%
NOPAT Growth	-4.74%	-231.43%	408.18%	-382.53%	93.62%	-30.50%	288.29%	-52.78%	-115.20%	178.82%	-41.79%
Net Income Growth	-7.36%	50.80%	420.80%	-352.55%	101.54%	-815.89%	181.20%	-68.33%	-296.95%	44.33%	-31.94%
EPS Growth	-4.44%	-3.10%	350.40%	-360.21%	101.71%	-824.00%	180.11%	-67.59%	-300.00%	44.68%	-30.77%
Operating Cash Flow Growth	-6.50%	210.41%	-47.50%	-29.62%	53.53%	37.16%	-38.27%	-130.77%	441.91%	-46.67%	-46.77%
Free Cash Flow Firm Growth	37.57%	-38,581.90%	141.63%	-102.37%	166.45%	1,134.56%	-46.49%	-48.54%	123.94%	-32.65%	-46.08%
Invested Capital Growth	10.08%	367.34%	-25.12%	-32.10%	-4.17%	-17.78%	0.91%	0.06%	-10.74%	-6.98%	-4.02%
Revenue Q/Q Growth	0.59%	-14.11%	34.37%	7.20%	-9.06%	0.70%	1.11%	-5.21%	-2.51%	-1.65%	-0.72%
EBITDA Q/Q Growth	-0.43%	-24.66%	44.06%	-2.27%	-18,650.00%	9.79%	2.75%	-42.63%	163.25%	29.17%	-44.78%
EBIT Q/Q Growth	-0.77%	-44.94%	72.92%	-1.27%	-23.52%	8.89%	4.61%	-56.24%	39.68%	196.08%	-89.49%
NOPAT Q/Q Growth	-4.26%	-202.58%	1,522.86%	-1.28%	-23.46%	16.13%	-8.59%	-46.53%	75.57%	39.58%	-87.81%
Net Income Q/Q Growth	-9.98%	40.60%	117.90%	-26.84%	121.27%	-643.69%	2.47%	-66.72%	29.58%	12.90%	-1,087.50%
EPS Q/Q Growth	-9.79%	43.68%	110.86%	-24.57%	121.93%	-624.00%	1.40%	-66.67%	29.85%	11.86%	-1,033.33%
Operating Cash Flow Q/Q Growth	2.42%	59.55%	-0.18%	-41.96%	13.18%	-0.56%	-19.78%	-57.23%	-4.52%	-16.92%	4.35%
Free Cash Flow Firm Q/Q Growth	-85.44%	-0.87%	656.25%	-101.81%	121.08%	670.61%	-24.13%	-14.53%	-3.12%	6.06%	2.71%
Invested Capital Q/Q Growth	7.00%	-3.41%	-32.03%	23.02%	14.43%	-2.93%	-1.10%	-4.13%	-2.03%	-2.44%	-5.30%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	38.96%	32.36%	34.11%	34.65%	33.13%	32.86%	31.76%	29.96%	28.93%	33.61%	33.76%
EBITDA Margin	12.88%	9.89%	18.41%	-70.00%	-0.77%	-3.73%	12.71%	7.28%	0.91%	4.91%	4.78%
Operating Margin	10.17%	3.25%	6.33%	-74.39%	-4.96%	-6.70%	9.57%	3.30%	-1.05%	0.88%	0.54%
EBIT Margin	9.98%	5.13%	12.72%	-74.28%	-5.36%	-7.53%	9.64%	4.15%	-3.20%	0.65%	0.46%
Profit (Net Income) Margin	5.92%	5.75%	24.61%	-68.37%	1.10%	-8.16%	5.87%	2.08%	-4.77%	-2.85%	-3.96%
Tax Burden Percent	103.70%	2,807.45%	299.01%	86.86%	-12.56%	76.52%	81.84%	125.48%	71.45%	83.08%	94.68%
Interest Burden Percent	57.19%	3.99%	64.72%	105.97%	163.53%	141.58%	74.44%	39.95%	208.85%	-530.61%	-912.12%
Effective Tax Rate	23.17%	303.72%	-164.80%	0.00%	0.00%	0.00%	18.16%	-25.48%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	10.63%	-4.70%	10.06%	-39.52%	-3.18%	-4.66%	9.68%	4.55%	-0.73%	0.63%	0.39%
ROIC Less NNEP Spread (ROIC-NNEP)	6.16%	13.28%	25.11%	-84.69%	4.94%	-11.17%	5.11%	0.47%	-7.53%	-5.23%	-6.65%
Return on Net Nonoperating Assets (RNNOA)	8.38%	12.69%	11.45%	-31.92%	5.27%	-12.56%	5.76%	0.58%	-10.97%	-8.00%	-11.47%
Return on Equity (ROE)	19.02%	7.99%	21.50%	-71.44%	2.09%	-17.22%	15.44%	5.13%	-11.70%	-7.37%	-11.09%
Cash Return on Invested Capital (CROIC)	1.04%	-134.20%	38.78%	-1.28%	1.07%	14.86%	8.77%	4.49%	10.62%	7.86%	4.49%
Operating Return on Assets (OROA)	8.54%	2.29%	4.24%	-29.66%	-3.12%	-4.66%	7.05%	2.86%	-2.05%	0.42%	0.30%
Return on Assets (ROA)	5.06%	2.57%	8.21%	-27.30%	0.64%	-5.05%	4.29%	1.43%	-3.05%	-1.86%	-2.62%
Return on Common Equity (ROCE)	18.98%	7.97%	21.44%	-71.18%	2.07%	-17.11%	15.39%	5.13%	-11.70%	-7.37%	-11.09%
Return on Equity Simple (ROE_SIMPLE)	19.20%	4.65%	19.43%	-133.03%	2.16%	-19.77%	14.96%	5.60%	-12.47%	-7.85%	0.00%
Net Operating Profit after Tax (NOPAT)	462	-607	1,872	-5,288	-337	-440	829	391	-60	47	27
NOPAT Margin	7.81%	-6.61%	16.76%	-52.08%	-3.47%	-4.69%	7.83%	4.14%	-0.73%	0.62%	0.38%
Net Nonoperating Expense Percent (NNEP)	4.47%	-17.98%	-15.05%	45.17%	-8.12%	6.51%	4.56%	4.08%	6.80%	5.86%	7.04%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	4.40%	-0.74%	0.64%	0.39%
Cost of Revenue to Revenue	61.04%	67.64%	65.89%	65.35%	66.87%	67.14%	68.24%	70.04%	71.07%	66.39%	66.24%
SG&A Expenses to Revenue	26.61%	28.43%	26.18%	26.08%	25.23%	23.32%	21.48%	21.49%	24.60%	27.47%	27.55%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	28.79%	29.11%	27.79%	109.04%	38.10%	39.56%	22.19%	26.66%	29.98%	32.72%	33.22%
Earnings before Interest and Taxes (EBIT)	590	471	1,421	-7,542	-521	-707	1,021	393	-260	49	33
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	762	908	2,056	-7,108	-75	-350	1,346	689	74	372	344
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.63	1.38	0.80	1.28	1.34	2.01	2.00	1.42	1.11	1.51	0.65
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.43	1.71	1.01	0.66	0.68	0.83	0.79	0.53	0.43	0.55	0.22
Price to Earnings (P/E)	24.11	29.73	4.10	0.00	62.17	0.00	13.39	25.45	0.00	0.00	0.00
Dividend Yield	2.41%	2.34%	3.83%	6.41%	5.86%	5.02%	4.70%	7.59%	5.26%	2.81%	7.53%
Earnings Yield	4.15%	3.36%	24.40%	0.00%	1.61%	0.00%	7.47%	3.93%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.46	1.27	1.34	1.23	1.16	1.46	1.48	1.17	1.05	1.19	0.88
Enterprise Value to Revenue (EV/Rev)	1.90	2.94	1.91	1.31	1.24	1.32	1.21	1.07	0.99	1.13	0.84
Enterprise Value to EBITDA (EV/EBITDA)	14.74	29.78	10.39	0.00	0.00	0.00	9.49	14.66	108.65	22.96	17.53
Enterprise Value to EBIT (EV/EBIT)	19.02	57.45	15.04	0.00	0.00	0.00	12.51	25.71	0.00	174.29	182.71
Enterprise Value to NOPAT (EV/NOPAT)	24.29	0.00	11.42	0.00	0.00	0.00	15.41	25.81	0.00	182.10	220.86
Enterprise Value to Operating Cash Flow (EV/OCF)	18.93	14.69	22.11	19.50	11.55	8.68	14.45	0.00	8.65	17.22	22.84
Enterprise Value to Free Cash Flow (EV/FCFF)	249.14	0.00	2.96	0.00	106.06	8.86	17.01	26.14	9.29	14.65	19.18
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.67	1.04	0.74	1.34	1.15	1.44	1.18	1.53	1.58	1.67	1.95
Long-Term Debt to Equity	1.46	0.99	0.70	1.27	1.08	1.32	1.17	1.35	1.47	1.64	1.90
Financial Leverage	1.36	0.96	0.46	0.38	1.07	1.12	1.13	1.24	1.46	1.53	1.72
Leverage Ratio	3.76	3.11	2.62	2.62	3.26	3.41	3.60	3.59	3.83	3.95	4.22
Compound Leverage Factor	2.15	0.12	1.70	2.77	5.32	4.83	2.68	1.43	8.01	-20.97	-38.53
Debt to Total Capital	62.61%	51.09%	42.66%	57.18%	53.39%	58.98%	54.02%	60.44%	61.18%	62.55%	66.15%
Short-Term Debt to Total Capital	7.96%	2.59%	2.68%	2.60%	3.10%	4.90%	0.03%	6.98%	4.10%	1.18%	1.84%
Long-Term Debt to Total Capital	54.65%	48.51%	39.99%	54.58%	50.29%	54.08%	53.99%	53.46%	57.07%	61.37%	64.31%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.07%	0.15%	0.15%	0.28%	0.31%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	37.32%	48.76%	57.19%	42.54%	46.30%	40.75%	45.98%	39.56%	38.82%	37.45%	33.85%
Debt to EBITDA	4.01	13.10	5.13	-0.99	-76.31	-16.02	3.63	7.80	66.27	12.35	13.58
Net Debt to EBITDA	3.65	12.45	4.90	-0.92	-71.65	-13.22	3.30	7.39	61.78	11.82	12.99
Long-Term Debt to EBITDA	3.50	12.44	4.81	-0.94	-71.88	-14.69	3.63	6.90	61.82	12.12	13.21
Debt to NOPAT	6.62	-19.58	5.64	-1.33	-16.96	-12.73	5.89	13.73	-82.42	97.97	171.17
Net Debt to NOPAT	6.02	-18.62	5.38	-1.23	-15.93	-10.51	5.36	13.00	-76.84	93.75	163.74
Long-Term Debt to NOPAT	5.78	-18.59	5.28	-1.27	-15.98	-11.68	5.89	12.15	-76.89	96.12	166.41
Altman Z-Score	2.50	0.94	1.24	-0.53	0.76	0.69	1.31	0.96	0.56	0.67	0.39
Noncontrolling Interest Sharing Ratio	0.19%	0.30%	0.28%	0.37%	0.66%	0.66%	0.32%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.25	1.74	2.19	1.80	1.38	1.28	1.31	1.32	1.16	1.14	1.07
Quick Ratio	0.77	0.78	0.48	0.81	0.74	0.73	0.58	0.50	0.53	0.44	0.47
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	45	-17,337	7,218	-171	114	1,404	751	386	866	583	314
Operating Cash Flow to CapEx	280.46%	416.95%	237.86%	177.08%	393.96%	552.90%	305.88%	-87.18%	327.46%	191.51%	106.88%
Free Cash Flow to Firm to Interest Expense	0.56	-38.37	14.40	-0.38	0.34	4.77	2.88	386.49	0.00	41.64	24.18
Operating Cash Flow to Interest Expense	7.42	4.07	1.93	1.51	3.15	4.87	3.39	-272.00	0.00	35.43	20.31
Operating Cash Flow Less CapEx to Interest Expense	4.77	3.10	1.12	0.66	2.35	3.99	2.28	-584.00	0.00	16.93	1.31
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.86	0.45	0.33	0.40	0.58	0.62	0.73	0.69	0.64	0.65	0.66
Accounts Receivable Turnover	4.73	4.59	4.83	5.02	4.85	5.33	6.66	6.88	6.65	7.32	7.73
Inventory Turnover	5.05	4.38	3.90	3.88	3.86	3.88	3.88	3.09	3.10	3.44	3.56
Fixed Asset Turnover	10.21	8.57	8.88	9.24	8.16	0.00	0.00	0.00	6.79	6.40	6.09
Accounts Payable Turnover	5.49	5.75	5.36	5.49	5.66	4.80	4.51	4.83	5.60	5.32	5.24
Days Sales Outstanding (DSO)	77.09	79.46	75.58	72.66	75.24	68.45	54.77	53.06	54.86	49.90	47.25
Days Inventory Outstanding (DIO)	72.29	83.39	93.69	94.14	94.58	93.96	94.08	118.18	117.90	106.26	102.53
Days Payable Outstanding (DPO)	66.53	63.51	68.08	66.51	64.44	76.12	80.97	75.53	65.20	68.66	69.68
Cash Conversion Cycle (CCC)	82.84	99.34	101.19	100.29	105.39	86.29	67.88	95.70	107.56	87.49	80.10
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,554	21,285	15,938	10,821	10,370	8,526	8,604	8,609	7,684	7,148	6,861
Invested Capital Turnover	1.36	0.71	0.60	0.76	0.92	0.99	1.24	1.10	1.00	1.02	1.03
Increase / (Decrease) in Invested Capital	417	16,730	-5,347	-5,117	-451	-1,844	78	5.00	-925	-536	-287
Enterprise Value (EV)	11,225	27,034	21,366	13,257	12,060	12,434	12,775	10,104	8,040	8,540	6,029
Market Capitalization	8,438	15,693	11,264	6,703	6,653	7,782	8,329	5,014	3,468	4,143	1,559
Book Value per Share	$6.82	$23.53	$28.86	$11.18	$11.72	$9.13	$9.77	$8.51	$7.51	$6.61	$5.70
Tangible Book Value per Share	($7.61)	($26.91)	($5.97)	($10.30)	($8.65)	($7.64)	($6.38)	($5.87)	($5.91)	($5.52)	($5.59)
Total Capital	4,884	23,277	24,732	12,268	10,719	9,507	9,044	8,896	8,016	7,346	7,064
Total Debt	3,058	11,893	10,551	7,015	5,723	5,607	4,886	5,377	4,904	4,595	4,673
Total Long-Term Debt	2,669	11,291	9,889	6,696	5,391	5,141	4,883	4,756	4,575	4,508	4,543
Net Debt	2,783	11,305	10,065	6,519	5,374	4,626	4,446	5,090	4,572	4,397	4,470
Capital Expenditures (CapEx)	211	441	406	384	265	259	289	312	284	259	247
Debt-free, Cash-free Net Working Capital (DFCFNWC)	619	3,207	5,994	2,478	1,115	492	598	1,308	454	227	110
Debt-free Net Working Capital (DFNWC)	894	3,794	6,480	2,974	1,464	1,473	1,038	1,595	786	425	313
Net Working Capital (NWC)	505	3,193	5,818	2,655	1,132	1,007	1,035	974	457	338	183
Net Nonoperating Expense (NNE)	112	-1,135	-877	1,654	-444	326	207	194	329	263	312
Net Nonoperating Obligations (NNO)	2,728	9,900	1,757	5,568	5,374	4,626	4,446	5,090	4,572	4,397	4,470
Total Depreciation and Amortization (D&A)	172	437	636	434	446	357	325	296	334	323	311
Debt-free, Cash-free Net Working Capital to Revenue	10.46%	34.93%	53.66%	24.40%	11.48%	5.24%	5.65%	13.83%	5.58%	2.99%	1.53%
Debt-free Net Working Capital to Revenue	15.11%	41.33%	58.01%	29.29%	15.07%	15.70%	9.80%	16.86%	9.66%	5.61%	4.34%
Net Working Capital to Revenue	8.53%	34.77%	52.08%	26.15%	11.65%	10.73%	9.77%	10.30%	5.62%	4.46%	2.54%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.30	$1.25	$5.65	($14.60)	$0.25	($1.82)	$1.34	$0.00	($0.94)	($0.52)	($0.68)
Adjusted Weighted Average Basic Shares Outstanding	269.30M	421.30M	486.70M	473.70M	423.30M	424.10M	425.30M	0.00	414.10M	415.50M	418.20M
Adjusted Diluted Earnings per Share	$1.29	$1.25	$5.63	($14.60)	$0.25	($1.82)	$1.34	$0.00	($0.94)	($0.52)	($0.68)
Adjusted Weighted Average Diluted Shares Outstanding	271.50M	423.10M	488M	473.70M	423.90M	424.10M	428M	0.00	414.10M	415.50M	418.20M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	267.20M	482.40M	485.20M	422.80M	423.50M	424.60M	425.50M	0.00	414.30M	416.20M	419.20M
Normalized Net Operating Profit after Tax (NOPAT)	561	252	620	609	538	627	891	561	246	326	313
Normalized NOPAT Margin	9.49%	2.75%	5.55%	6.00%	5.53%	6.68%	8.42%	5.93%	3.03%	4.29%	4.34%
Pre Tax Income Margin	5.71%	0.20%	8.23%	-78.71%	-8.77%	-10.67%	7.18%	1.66%	-6.68%	-3.43%	-4.18%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.39	1.04	2.83	-16.76	-1.57	-2.40	3.91	393.00	0.00	3.50	2.54
NOPAT to Interest Expense	5.78	-1.34	3.73	-11.75	-1.02	-1.50	3.18	391.49	0.00	3.35	2.10
EBIT Less CapEx to Interest Expense	4.74	0.06	2.02	-17.61	-2.37	-3.29	2.80	81.00	0.00	-15.00	-16.46
NOPAT Less CapEx to Interest Expense	3.14	-2.32	2.92	-12.60	-1.82	-2.38	2.07	79.49	0.00	-15.15	-16.90
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	58.94%	62.26%	15.59%	-6.27%	365.42%	-51.17%	67.85%	195.43%	-47.42%	-54.63%	-42.11%
Augmented Payout Ratio	112.11%	65.31%	21.81%	-27.97%	365.42%	-51.17%	67.85%	360.41%	-47.42%	-54.63%	-42.11%

This table displays calculated financial ratios and metrics derived from Newell Brands' official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	419,200,000.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	419,200,000.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-0.08
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-9.06%	-9.15%	-8.42%	-7.76%	-4.93%	-6.12%	-5.26%	-4.82%	-7.24%	-2.67%	-1.09%
EBITDA Growth	-262.64%	100.00%	190.91%	27.51%	66.89%	0.00%	-4.17%	1.66%	512.24%	-332.14%	10.87%
EBIT Growth	-1,531.25%	64.53%	122.92%	45.95%	43.23%	106.38%	54.55%	2.47%	196.15%	-4,683.33%	35.29%
NOPAT Growth	-497.50%	96.34%	144.44%	41.49%	23.90%	190.00%	31.25%	26.87%	170.25%	-3,122.22%	61.90%
Net Income Growth	-1,247.37%	65.46%	91.18%	150.00%	9.17%	37.21%	-311.11%	2.22%	110.61%	-483.33%	10.81%
EPS Growth	-1,160.00%	66.67%	92.00%	175.00%	9.43%	35.00%	-350.00%	0.00%	110.42%	-476.92%	11.11%
Operating Cash Flow Growth	443.59%	-14.92%	141.56%	-90.96%	-29.85%	-40.24%	-765.63%	-281.25%	32.62%	7.33%	-9.39%
Free Cash Flow Firm Growth	507.02%	568.13%	614.88%	17.51%	-57.95%	-40.93%	-67.46%	-56.74%	-67.19%	-82.19%	-10.31%
Invested Capital Growth	-12.66%	-10.74%	-11.50%	-7.28%	-6.58%	-6.98%	-4.08%	-2.45%	-1.12%	-4.02%	-3.67%
Revenue Q/Q Growth	-7.08%	1.37%	-20.38%	22.99%	-4.23%	0.10%	-19.65%	23.56%	-6.67%	5.04%	-18.34%
EBITDA Q/Q Growth	-178.31%	100.00%	0.00%	151.04%	-120.33%	271.43%	9.52%	166.30%	-17.55%	-196.53%	152.31%
EBIT Q/Q Growth	-306.31%	58.95%	111.70%	1,372.73%	-180.25%	104.62%	183.33%	876.47%	-24.70%	-320.00%	108.36%
NOPAT Q/Q Growth	-280.35%	93.71%	260.00%	679.66%	-197.00%	107.44%	133.33%	653.66%	-46.29%	-420.00%	112.50%
Net Income Q/Q Growth	-1,311.11%	60.55%	89.53%	600.00%	-540.00%	72.73%	31.48%	224.32%	-54.35%	-1,600.00%	89.52%
EPS Q/Q Growth	-1,425.00%	62.26%	90.00%	650.00%	-536.36%	72.92%	30.77%	222.22%	-54.55%	-1,600.00%	89.33%
Operating Cash Flow Q/Q Growth	13.56%	-37.56%	-87.25%	0.00%	781.25%	-46.81%	-242.00%	72.77%	744.83%	-56.95%	-244.72%
Free Cash Flow Firm Q/Q Growth	73.34%	-10.50%	10.04%	-31.17%	-37.97%	25.74%	-39.39%	-8.49%	-52.96%	-31.73%	205.18%
Invested Capital Q/Q Growth	-6.05%	-2.03%	0.09%	0.64%	-5.34%	-2.44%	3.20%	2.35%	-4.04%	-5.30%	3.57%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	30.32%	29.91%	30.49%	34.38%	34.87%	34.17%	32.12%	35.40%	34.11%	33.10%	33.12%
EBITDA Margin	-7.23%	0.00%	5.81%	11.85%	-2.52%	4.31%	5.87%	12.66%	11.18%	-10.28%	6.58%
Operating Margin	-7.76%	-0.48%	0.97%	8.02%	-6.21%	0.46%	1.34%	8.84%	6.59%	-14.34%	2.20%
EBIT Margin	-11.18%	-4.53%	0.67%	7.97%	-6.68%	0.31%	1.09%	8.58%	6.92%	-14.50%	1.48%
Profit (Net Income) Margin	-10.64%	-4.14%	-0.54%	2.21%	-10.17%	-2.77%	-2.36%	2.38%	1.16%	-16.61%	-2.13%
Tax Burden Percent	73.15%	52.44%	15.00%	53.57%	96.59%	68.35%	67.27%	64.79%	50.00%	87.74%	54.10%
Interest Burden Percent	130.13%	174.47%	-545.45%	51.85%	157.69%	-1,316.67%	-323.53%	42.77%	33.60%	130.55%	-265.22%
Effective Tax Rate	0.00%	0.00%	0.00%	46.43%	0.00%	0.00%	0.00%	35.21%	50.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-5.39%	-0.34%	0.66%	4.17%	-4.42%	0.33%	0.93%	5.54%	3.28%	-10.32%	1.52%
ROIC Less NNEP Spread (ROIC-NNEP)	-7.54%	-1.97%	0.26%	3.30%	-6.89%	-1.01%	-0.18%	4.18%	2.43%	-13.13%	0.32%
Return on Net Nonoperating Assets (RNNOA)	-10.84%	-2.87%	0.40%	5.00%	-10.57%	-1.55%	-0.29%	6.89%	3.94%	-22.65%	0.61%
Return on Equity (ROE)	-16.23%	-3.21%	1.06%	9.17%	-14.99%	-1.22%	0.65%	12.43%	7.22%	-32.97%	2.13%
Cash Return on Invested Capital (CROIC)	10.62%	10.62%	11.92%	7.65%	7.25%	7.86%	4.84%	3.22%	4.20%	4.49%	4.25%
Operating Return on Assets (OROA)	-6.85%	-2.90%	0.42%	4.97%	-4.23%	0.20%	0.70%	5.39%	4.36%	-9.62%	0.96%
Return on Assets (ROA)	-6.52%	-2.65%	-0.34%	1.38%	-6.44%	-1.81%	-1.51%	1.49%	0.73%	-11.02%	-1.38%
Return on Common Equity (ROCE)	-16.23%	-3.21%	1.06%	9.17%	-14.99%	-1.22%	0.65%	12.43%	7.22%	-32.97%	2.13%
Return on Equity Simple (ROE_SIMPLE)	-17.63%	0.00%	-9.59%	-8.70%	-8.67%	0.00%	-9.07%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-111	-7.00	11	87	-85	6.30	15	111	60	-190	24
NOPAT Margin	-5.43%	-0.34%	0.68%	4.30%	-4.35%	0.32%	0.94%	5.73%	3.29%	-10.04%	1.54%
Net Nonoperating Expense Percent (NNEP)	2.15%	1.64%	0.41%	0.87%	2.47%	1.34%	1.11%	1.36%	0.85%	2.81%	1.20%
Return On Investment Capital (ROIC_SIMPLE)	-	-0.09%	-	-	-	0.09%	0.19%	1.43%	0.80%	-2.70%	0.33%
Cost of Revenue to Revenue	69.68%	70.09%	69.51%	65.62%	65.13%	65.83%	67.88%	64.60%	65.89%	66.90%	66.88%
SG&A Expenses to Revenue	24.46%	26.20%	27.95%	25.58%	27.53%	28.99%	30.08%	26.25%	27.24%	27.10%	30.47%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	38.09%	30.40%	29.52%	26.37%	41.09%	33.71%	30.78%	26.56%	27.52%	47.44%	30.92%
Earnings before Interest and Taxes (EBIT)	-229	-94	11	162	-130	6.00	17	166	125	-275	23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-148	0.00	96	241	-49	84	92	245	202	-195	102
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.15	1.11	1.07	0.86	1.12	1.51	0.96	0.84	0.81	0.65	0.61
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.43	0.43	0.41	0.34	0.41	0.55	0.34	0.30	0.30	0.22	0.20
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	6.90%	5.26%	3.52%	4.37%	3.65%	2.81%	4.52%	5.19%	5.34%	7.53%	8.16%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.06	1.05	1.03	0.95	1.05	1.19	0.99	0.94	0.93	0.88	0.87
Enterprise Value to Revenue (EV/Rev)	1.00	0.99	0.99	0.94	0.99	1.13	0.97	0.96	0.93	0.84	0.86
Enterprise Value to EBITDA (EV/EBITDA)	0.00	108.65	57.74	38.74	26.60	22.96	19.75	19.12	10.83	17.53	17.52
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	174.29	132.14	120.57	21.48	182.71	159.02
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	1,045.92	228.03	182.10	144.20	127.03	30.11	220.86	170.38
Enterprise Value to Operating Cash Flow (EV/OCF)	8.54	8.65	7.61	10.21	12.83	17.22	28.95	44.18	26.66	22.84	25.42
Enterprise Value to Free Cash Flow (EV/FCFF)	9.31	9.29	8.11	11.90	13.94	14.65	19.94	28.92	22.04	19.18	20.18
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.64	1.58	1.62	1.64	1.73	1.67	1.83	1.89	1.77	1.95	2.12
Long-Term Debt to Equity	1.52	1.47	1.48	1.32	1.43	1.64	1.68	1.68	1.68	1.90	1.94
Financial Leverage	1.44	1.46	1.56	1.52	1.53	1.53	1.61	1.65	1.62	1.72	1.88
Leverage Ratio	3.95	3.83	3.96	3.92	4.07	3.95	4.05	4.08	4.15	4.22	4.40
Compound Leverage Factor	5.14	6.69	-21.60	2.03	6.41	-52.03	-13.12	1.75	1.39	5.51	-11.67
Debt to Total Capital	62.06%	61.18%	61.85%	62.08%	63.43%	62.55%	64.65%	65.35%	63.91%	66.15%	67.95%
Short-Term Debt to Total Capital	4.56%	4.10%	5.32%	12.10%	11.11%	1.18%	5.22%	6.98%	3.17%	1.84%	5.82%
Long-Term Debt to Total Capital	57.49%	57.07%	56.53%	49.98%	52.32%	61.37%	59.44%	58.37%	60.74%	64.31%	62.13%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	37.94%	38.82%	38.15%	37.92%	36.57%	37.45%	35.35%	34.65%	36.09%	33.85%	32.05%
Debt to EBITDA	-43.70	66.27	36.40	26.68	17.23	12.35	13.37	13.65	7.67	13.58	14.03
Net Debt to EBITDA	-40.32	61.78	33.69	24.66	15.51	11.82	12.74	13.06	7.30	12.99	13.46
Long-Term Debt to EBITDA	-40.49	61.82	33.27	21.48	14.21	12.12	12.29	12.19	7.29	13.21	12.82
Debt to NOPAT	-20.99	-82.42	-215.89	720.29	147.65	97.97	97.62	90.66	21.33	171.17	136.40
Net Debt to NOPAT	-19.36	-76.84	-199.78	665.71	132.95	93.75	93.00	86.75	20.30	163.74	130.88
Long-Term Debt to NOPAT	-19.45	-76.89	-197.32	579.86	121.79	96.12	89.74	80.98	20.27	166.41	124.73
Altman Z-Score	0.61	0.60	0.61	0.55	0.49	0.65	0.52	0.52	0.51	0.30	0.36
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.24	1.16	1.15	0.98	0.99	1.14	1.13	1.12	1.14	1.07	1.04
Quick Ratio	0.53	0.53	0.45	0.42	0.42	0.44	0.42	0.47	0.45	0.47	0.39
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,026	918	1,010	695	431	542	329	301	142	97	295
Operating Cash Flow to CapEx	600.00%	334.67%	54.24%	60.38%	552.94%	156.25%	-361.02%	-98.31%	633.90%	230.00%	-629.73%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	14.23	0.00	0.00	0.00	0.00	23.14	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.45	0.00	0.00	0.00	0.00	-4.46	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	-0.38	0.00	0.00	0.00	0.00	-9.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.61	0.64	0.63	0.62	0.63	0.65	0.64	0.63	0.63	0.66	0.65
Accounts Receivable Turnover	6.15	6.65	7.34	6.63	7.19	7.32	8.10	6.87	7.74	7.73	8.05
Inventory Turnover	2.79	3.10	2.85	3.00	3.04	3.44	3.02	3.08	3.08	3.56	3.08
Fixed Asset Turnover	7.17	6.79	6.63	6.62	6.55	6.40	6.32	6.28	6.14	6.09	6.06
Accounts Payable Turnover	4.77	5.60	5.26	5.13	4.89	5.32	4.74	4.95	4.91	5.24	4.53
Days Sales Outstanding (DSO)	59.37	54.86	49.76	55.08	50.73	49.90	45.05	53.12	47.13	47.25	45.33
Days Inventory Outstanding (DIO)	130.73	117.90	128.10	121.64	120.24	106.26	121.05	118.34	118.51	102.53	118.46
Days Payable Outstanding (DPO)	76.55	65.20	69.34	71.16	74.70	68.66	77.01	73.69	74.32	69.68	80.58
Cash Conversion Cycle (CCC)	113.55	107.56	108.52	105.56	96.27	87.49	89.09	97.77	91.33	80.10	83.21
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	7,843	7,684	7,691	7,740	7,327	7,148	7,377	7,550	7,245	6,861	7,106
Invested Capital Turnover	0.99	1.00	0.97	0.97	1.02	1.02	0.99	0.97	1.00	1.03	0.99
Increase / (Decrease) in Invested Capital	-1,137	-925	-999	-608	-516	-536	-314	-190	-82	-287	-271
Enterprise Value (EV)	8,318	8,040	7,910	7,321	7,662	8,540	7,267	7,114	6,744	6,029	6,202
Market Capitalization	3,601	3,468	3,295	2,661	3,195	4,143	2,580	2,256	2,196	1,559	1,438
Book Value per Share	$7.55	$7.51	$7.42	$7.42	$6.88	$6.61	$6.46	$6.44	$6.44	$5.70	$5.59
Tangible Book Value per Share	($5.97)	($5.91)	($5.86)	($5.75)	($5.69)	($5.52)	($5.71)	($5.83)	($5.73)	($5.59)	($5.62)
Total Capital	8,239	8,016	8,063	8,122	7,821	7,346	7,610	7,769	7,474	7,064	7,307
Total Debt	5,113	4,904	4,987	5,042	4,961	4,595	4,920	5,077	4,777	4,673	4,965
Total Long-Term Debt	4,737	4,575	4,558	4,059	4,092	4,508	4,523	4,535	4,540	4,543	4,540
Net Debt	4,717	4,572	4,615	4,660	4,467	4,397	4,687	4,858	4,548	4,470	4,764
Capital Expenditures (CapEx)	67	75	59	53	51	96	59	59	59	70	37
Debt-free, Cash-free Net Working Capital (DFCFNWC)	709	454	502	524	335	227	523	655	360	110	342
Debt-free Net Working Capital (DFNWC)	1,105	786	874	906	829	425	756	874	589	313	543
Net Working Capital (NWC)	729	457	445	-77	-40	338	359	332	352	183	118
Net Nonoperating Expense (NNE)	107	79	20	42	113	60	52	65	39	125	57
Net Nonoperating Obligations (NNO)	4,717	4,572	4,615	4,660	4,467	4,397	4,687	4,858	4,548	4,470	4,764
Total Depreciation and Amortization (D&A)	81	94	85	79	81	78	75	79	77	80	79
Debt-free, Cash-free Net Working Capital to Revenue	8.50%	5.58%	6.29%	6.71%	4.35%	2.99%	6.98%	8.85%	4.96%	1.53%	4.76%
Debt-free Net Working Capital to Revenue	13.25%	9.66%	10.95%	11.60%	10.75%	5.61%	10.09%	11.82%	8.12%	4.34%	7.56%
Net Working Capital to Revenue	8.74%	5.62%	5.58%	-0.99%	-0.52%	4.46%	4.79%	4.49%	4.85%	2.54%	1.64%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.53)	($0.20)	($0.02)	$0.11	($0.48)	($0.13)	($0.09)	$0.11	$0.05	($0.75)	($0.08)
Adjusted Weighted Average Basic Shares Outstanding	414.20M	414.10M	414.70M	415.20M	416M	415.50M	416.80M	417.80M	419.10M	418.20M	421.60M
Adjusted Diluted Earnings per Share	($0.53)	($0.20)	($0.02)	$0.11	($0.48)	($0.13)	($0.09)	$0.11	$0.05	($0.75)	($0.08)
Adjusted Weighted Average Diluted Shares Outstanding	414.20M	414.10M	414.70M	418.20M	416M	415.50M	416.80M	420.90M	423.50M	418.20M	421.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	414.20M	414.30M	415.20M	416M	416M	416.20M	417.70M	419.10M	419.20M	419.20M	424.90M
Normalized Net Operating Profit after Tax (NOPAT)	84	6.30	29	96	100	9.80	22	115	62	-162	29
Normalized NOPAT Margin	4.10%	0.30%	1.78%	4.72%	5.14%	0.50%	1.43%	5.93%	3.43%	-8.56%	1.85%
Pre Tax Income Margin	-14.55%	-7.90%	-3.63%	4.13%	-10.53%	-4.05%	-3.51%	3.67%	2.33%	-18.92%	-3.94%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.15	0.00	0.00	0.00	0.00	12.77	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.16	0.00	0.00	0.00	0.00	8.52	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	-0.68	0.00	0.00	0.00	0.00	8.23	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	-0.67	0.00	0.00	0.00	0.00	3.98	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-45.37%	-47.42%	-40.00%	-44.03%	-47.58%	-54.63%	-48.36%	-48.56%	-495.83%	-42.11%	-44.48%
Augmented Payout Ratio	-45.37%	-47.42%	-40.00%	-44.03%	-47.58%	-54.63%	-48.36%	-48.56%	-495.83%	-42.11%	-44.48%

Financials Breakdown Chart

Key Financial Trends

Here’s a concise, data-driven look at Newell Brands (NWL) using the latest four years of quarterly statements. The focus is on key trends in cash flows, profitability, and balance-sheet leverage relevant to retail investors.

Operating cash flow from continuing activities has been positive in several recent quarters, notably 374 million in Q3 2025 and 161 million in Q4 2025, indicating improving cash generation even when reported net income is volatile.
Gross margin has remained in the low-to-mid 30s% range across recent quarters (roughly 32%–34%), with total gross profit around $0.62B–$0.69B on $1.80B–$1.95B of revenue, signaling stable gross profitability.
The company has continued to pay a quarterly dividend of $0.07 per share, providing ongoing income to shareholders across multiple periods.
Free cash flow has improved in late 2025, with positive levels in Q3 2025 (roughly $315M) and again in Q4 2025 (around $110M), after earlier quarters showed more negative results.
In Q3 2025, net income from continuing operations was positive (about $21M), and net income attributable to common shareholders was about $27M, suggesting a period of improved earnings contribution within a volatile year.
Over the four-year window, revenue has shown volatility and an overall downshift from about $2.29B in 2022 to around $1.89B–$1.95B in 2024–2025, indicating a multi-year revenue headwind.
Cash positions have remained relatively modest (cash and equivalents generally around $0.23B–$0.30B), which means liquidity headroom is limited relative to the near-term liabilities on the balance sheet.
Total liabilities have been sizable (approximately $8.6B–$9.1B by 2025), with long-term debt around $4.5B–$4.9B, reflecting a persistent but manageable leverage profile for a consumer brand company.
Net income has been negative across many quarters, with Q4 2025 showing Consolidated Net Income / (Loss) of -$315M and Net Income / (Loss) attributable to common shareholders near -$318M, underscoring ongoing profitability challenges.
Restructuring charges and occasional impairment expenses have added to quarterly expense pressure (for example, restructuring charges of around $40M in 2025 Q4), contributing to earnings volatility.

05/05/26 06:48 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Newell Brands' Financials

When does Newell Brands' fiscal year end?

According to the most recent income statement we have on file, Newell Brands' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

How has Newell Brands' net income changed over the last 10 years?

Over the last 10 years, Newell Brands' net income changed from $350 million in 2015 to -$285 million in 2025, a change of -181.4%. See Newell Brands' forecast for analyst expectations on whatâ€™s next for the company.

What is Newell Brands' operating income?

Newell Brands' total operating income in 2025 was $39 million, based on the following breakdown:

Total Gross Profit: $2.43 billion
Total Operating Expenses: $2.39 billion

How has Newell Brands' revenue changed over the last 10 years?

Over the last 10 years, Newell Brands' total revenue changed from $5.92 billion in 2015 to $7.20 billion in 2025, a change of 21.8%.

How much debt does Newell Brands have?

Newell Brands' total liabilities were at $8.32 billion at the end of 2025, a 0.9% increase from 2024, and a 53.2% increase since 2015.

How much cash does Newell Brands have?

In the past 10 years, Newell Brands' cash and equivalents has ranged from $198 million in 2024 to $981 million in 2020, and is currently $203 million as of their latest financial filing in 2025.

How has Newell Brands' book value per share changed over the last 10 years?

Over the last 10 years, Newell Brands' book value per share changed from 6.82 in 2015 to 5.70 in 2025, a change of -16.4%.

Related Companies

Financial statements for NASDAQ:NWL last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Newell Brands (NWL) Financials

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Newell Brands (NWL) Financials

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Quarterly Metrics And Ratios for Newell Brands

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Key Financial Trends

Frequently Asked Questions About Newell Brands' Financials

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