Reynolds Consumer Products (REYN) Financials

$21.60 -0.28 (-1.28%)

Closing price 04:00 PM Eastern

Extended Trading

$21.60 +0.00 (+0.02%)

As of 05:20 PM Eastern

Annual Income Statements for Reynolds Consumer Products

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

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	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	176	225	363	324	258	298	352	301
Consolidated Net Income / (Loss)	176	225	363	324	258	298	352	301
Net Income / (Loss) Continuing Operations	176	225	363	324	258	298	352	301
Total Pre-Tax Income	233	301	516	430	338	393	451	393
Total Operating Income	544	510	615	478	414	512	549	492
Total Gross Profit	832	880	973	811	776	942	978	914
Total Revenue	3,142	3,032	3,263	3,556	3,817	3,756	3,695	3,721
Operating Revenue	3,142	3,032	3,263	3,556	3,817	3,756	3,695	3,721
Total Cost of Revenue	2,310	2,152	2,290	2,745	3,041	2,814	2,717	2,807
Operating Cost of Revenue	2,310	2,152	2,290	2,745	3,041	2,814	2,717	2,807
Total Operating Expenses	288	370	358	333	362	430	429	422
Selling, General & Admin Expense	288	305	358	320	340	430	429	382
Other Operating Expenses / (Income)	-	65	-	13	22	0.00	0.00	40
Total Other Income / (Expense), net	-311	-209	-99	-48	-76	-119	-98	-99
Interest Expense	280	209	70	48	76	119	98	99
Income Tax Expense	57	76	153	106	80	95	99	92
Basic Earnings per Share	$1.13	$1.45	$1.78	$1.54	$1.23	$1.42	$1.68	$1.43
Weighted Average Basic Shares Outstanding	155.50M	155.50M	204.50M	209.80M	209.80M	210M	210.10M	210.30M
Diluted Earnings per Share	$1.13	$1.45	$1.77	$1.54	$1.23	$1.42	$1.67	$1.43
Weighted Average Diluted Shares Outstanding	155.50M	155.50M	204.50M	209.80M	209.90M	210M	210.40M	210.40M
Weighted Average Basic & Diluted Shares Outstanding	-	-	209.70M	209.76M	209.86M	210.01M	210.17M	210.34M
Cash Dividends to Common per Share	-	-	$0.59	$0.92	$0.92	$0.92	$0.92	$0.92

This table shows Reynolds Consumer Products' 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	78	137	49	97	86	120	31	73	79	118	59
Consolidated Net Income / (Loss)	78	137	49	97	86	120	31	73	79	118	59
Net Income / (Loss) Continuing Operations	78	137	49	97	86	120	31	73	79	118	59
Total Pre-Tax Income	103	178	65	115	113	158	42	96	102	153	77
Total Operating Income	134	206	90	140	138	181	76	118	123	175	98
Total Gross Profit	249	310	201	256	239	282	189	226	233	266	207
Total Revenue	935	1,007	833	930	910	1,022	818	938	931	1,034	877
Operating Revenue	935	1,007	833	930	910	1,022	818	938	931	1,034	877
Total Cost of Revenue	686	697	632	674	671	740	629	712	698	768	670
Operating Cost of Revenue	686	697	632	674	671	740	629	712	698	768	670
Total Operating Expenses	115	104	111	116	101	101	113	108	110	91	109
Selling, General & Admin Expense	115	103	111	116	101	101	104	96	99	83	109
Other Operating Expenses / (Income)	0.00	1.00	0.00	0.00	0.00	-	9.00	12	11	8.00	0.00
Total Other Income / (Expense), net	-31	-28	-25	-25	-25	-23	-34	-22	-21	-22	-21
Interest Expense	31	28	25	25	25	23	34	22	21	22	21
Income Tax Expense	25	41	16	18	27	38	11	23	23	35	18
Basic Earnings per Share	$0.37	$0.65	$0.23	$0.46	$0.41	$0.58	$0.15	$0.35	$0.38	$0.55	$0.28
Weighted Average Basic Shares Outstanding	210M	210M	210.10M	210.10M	210.10M	210.10M	210.30M	210.30M	210.30M	210.30M	210.60M
Diluted Earnings per Share	$0.37	$0.65	$0.23	$0.46	$0.41	$0.57	$0.15	$0.35	$0.38	$0.55	$0.28
Weighted Average Diluted Shares Outstanding	210M	210M	210.10M	210.20M	210.30M	210.40M	210.30M	210.30M	210.40M	210.40M	211.80M
Weighted Average Basic & Diluted Shares Outstanding	210.01M	210.01M	210.14M	210.14M	210.15M	210.17M	210.32M	210.33M	210.33M	210.34M	210.77M
Cash Dividends to Common per Share	$0.23	-	$0.23	$0.23	$0.23	-	$0.23	$0.23	$0.23	-	$0.23

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

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	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	0.00	79	210	-148	-126	77	22	10
Net Cash From Operating Activities	530	403	319	310	219	644	489	477
Net Cash From Continuing Operating Activities	530	403	319	310	219	644	489	477
Net Income / (Loss) Continuing Operations	176	225	363	324	258	298	352	301
Consolidated Net Income / (Loss)	176	225	363	324	258	298	352	301
Depreciation Expense	87	91	99	109	117	124	129	135
Non-Cash Adjustments To Reconcile Net Income	14	-9.00	5.00	4.00	5.00	14	19	21
Changes in Operating Assets and Liabilities, net	253	96	-148	-127	-161	208	-11	20
Net Cash From Investing Activities	-554	-128	-143	-141	-128	-110	-120	-161
Net Cash From Continuing Investing Activities	-554	-128	-143	-141	-128	-110	-120	-161
Purchase of Property, Plant & Equipment	-82	-109	-143	-141	-128	-104	-120	-161
Acquisitions	-	-	-	0.00	0.00	-6.00	0.00	0.00
Net Cash From Financing Activities	24	-196	34	-317	-217	-457	-346	-306
Net Cash From Continuing Financing Activities	24	-196	34	-317	-217	-457	-346	-306
Repayment of Debt	-335	-25	-1,422	-125	-25	-265	-154	-857
Payment of Dividends	0.00	0.00	-124	-192	-192	-192	-192	-192
Issuance of Debt	0.00	67	2,712	-	-	0.00	0.00	743
Other Net Changes in Cash	-	-	-	-	0.00	0.00	-	0.00
Cash Interest Paid	123	109	83	41	68	114	98	82
Cash Income Taxes Paid	8.00	4.00	76	91	64	90	125	67

This table details how cash moves in and out of Reynolds Consumer Products' 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	41	-9.00	20	-34	-5.00	41	-79	-1.00	-4.00	94	-76
Net Cash From Operating Activities	216	221	99	84	124	182	56	91	93	237	71
Net Cash From Continuing Operating Activities	216	226	99	84	124	182	56	91	93	237	71
Net Income / (Loss) Continuing Operations	78	137	49	96	86	121	31	74	79	117	59
Consolidated Net Income / (Loss)	78	137	49	96	86	121	31	74	79	117	59
Depreciation Expense	31	32	32	31	33	33	32	33	35	35	33
Non-Cash Adjustments To Reconcile Net Income	4.00	4.00	4.00	5.00	5.00	5.00	6.00	5.00	7.00	3.00	4.00
Changes in Operating Assets and Liabilities, net	103	53	14	-48	-	23	-13	-21	-28	82	-25
Net Cash From Investing Activities	-26	-33	-29	-19	-31	-41	-39	-40	-45	-37	-44
Net Cash From Continuing Investing Activities	-26	-33	-29	-19	-31	-41	-39	-40	-45	-37	-44
Purchase of Property, Plant & Equipment	-26	-27	-29	-19	-31	-41	-39	-40	-45	-37	-44
Net Cash From Financing Activities	-149	-197	-50	-99	-98	-99	-96	-52	-52	-106	-103
Net Cash From Continuing Financing Activities	-149	-197	-50	-99	-98	-99	-96	-52	-52	-106	-103
Repayment of Debt	-101	-149	-2.00	-51	-50	-51	-791	-4.00	-4.00	-58	-55
Payment of Dividends	-48	-48	-48	-48	-48	-48	-48	-48	-48	-48	-48
Issuance of Debt	-	-	0.00	-	-	-	743	-	-	-	0.00
Cash Interest Paid	28	28	25	26	25	22	21	20	21	20	20
Cash Income Taxes Paid	29	25	2.00	-	35	34	1.00	38	8.00	20	1.00

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

Metric	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	4,160	4,722	4,812	4,929	4,780	4,873	4,936
Total Current Assets	570	1,053	1,104	1,171	1,041	1,101	1,116
Cash & Equivalents	102	312	164	38	115	137	147
Accounts Receivable	34	309	338	370	361	350	365
Inventories, net	418	419	583	722	524	567	584
Other Current Assets	16	13	19	41	41	47	20
Plant, Property, & Equipment, net	537	612	677	722	732	758	823
Total Noncurrent Assets	3,053	3,057	3,031	3,036	3,007	3,014	2,997
Goodwill	1,879	1,879	1,879	1,879	1,895	1,895	1,895
Intangible Assets	1,123	1,092	1,061	1,031	1,001	972	943
Other Noncurrent Operating Assets	51	86	91	126	111	147	159
Total Liabilities & Shareholders' Equity	4,160	4,722	4,812	4,929	4,780	4,873	4,936
Total Liabilities	4,978	3,107	3,056	3,061	2,797	2,731	2,683
Total Current Liabilities	378	432	484	496	478	539	577
Accounts Payable	207	226	299	298	253	353	387
Accrued Expenses	132	181	148	145	187	161	153
Current Deferred & Payable Income Tax Liabilities	-	-	1.00	14	22	5.00	14
Other Current Liabilities	-	-	11	14	16	20	23
Total Noncurrent Liabilities	4,600	2,675	2,572	2,565	2,319	2,192	2,106
Long-Term Debt	1,990	2,208	2,087	2,066	1,832	1,686	1,580
Noncurrent Deferred & Payable Income Tax Liabilities	294	326	351	365	357	342	350
Noncurrent Employee Benefit Liabilities	48	53	50	34	16	14	13
Other Noncurrent Operating Liabilities	19	88	84	100	114	150	163
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-818	1,615	1,756	1,868	1,983	2,142	2,253
Total Preferred & Common Equity	-818	1,615	1,756	1,868	1,983	2,142	2,253
Total Common Equity	-818	1,615	1,756	1,868	1,983	2,142	2,253
Common Stock	0.00	1,381	1,381	1,385	1,396	1,413	1,431
Retained Earnings	0.00	233	365	431	537	694	802
Accumulated Other Comprehensive Income / (Loss)	5.00	1.00	10	52	50	35	20

This table presents Reynolds Consumer Products' 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	4,912	4,865	4,882	4,838	4,858	4,865	4,843	4,839	4,861	4,896	4,930
Total Current Assets	1,181	1,133	1,146	1,106	1,091	1,113	1,105	1,050	1,063	1,084	1,105
Cash & Equivalents	33	50	83	124	135	101	96	58	57	53	71
Accounts Receivable	311	363	397	358	345	383	348	326	344	365	377
Inventories, net	796	682	614	576	570	584	624	632	630	639	637
Other Current Assets	41	38	52	48	41	45	37	34	32	27	20
Plant, Property, & Equipment, net	756	714	716	719	730	729	734	772	787	801	838
Total Noncurrent Assets	2,975	3,018	3,020	3,013	3,037	3,023	3,004	3,017	3,011	3,011	2,987
Goodwill	1,879	1,879	1,879	1,879	1,895	1,895	1,895	1,895	1,895	1,895	1,895
Intangible Assets	1,038	1,023	1,016	1,009	994	987	980	965	958	951	937
Other Noncurrent Operating Assets	58	116	125	125	148	141	129	157	158	165	155
Total Liabilities & Shareholders' Equity	4,912	4,865	4,882	4,838	4,858	4,865	4,843	4,839	4,861	4,896	4,930
Total Liabilities	3,114	3,040	3,023	2,946	2,869	2,825	2,778	2,717	2,713	2,716	2,665
Total Current Liabilities	548	490	465	467	517	523	543	584	575	559	616
Accounts Payable	339	295	259	267	320	339	363	395	394	364	418
Accrued Expenses	184	130	164	183	142	164	160	130	141	155	143
Current Deferred & Payable Income Tax Liabilities	-	25	2.00	1.00	37	1.00	1.00	21	1.00	1.00	30
Other Current Liabilities	-	15	15	16	18	19	19	22	23	23	25
Total Noncurrent Liabilities	2,566	2,550	2,558	2,479	2,352	2,302	2,235	2,133	2,138	2,157	2,049
Long-Term Debt	2,071	2,061	2,056	1,981	1,833	1,784	1,735	1,621	1,617	1,613	1,530
Noncurrent Deferred & Payable Income Tax Liabilities	362	354	368	364	358	359	344	333	336	350	352
Noncurrent Employee Benefit Liabilities	49	34	34	34	16	16	16	14	14	14	13
Other Noncurrent Operating Liabilities	33	101	100	100	145	143	140	165	171	180	154
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	1,798	1,825	1,859	1,892	1,989	2,040	2,065	2,122	2,148	2,180	2,265
Total Preferred & Common Equity	1,798	1,825	1,859	1,892	1,989	2,040	2,065	2,122	2,148	2,180	2,265
Total Common Equity	1,798	1,825	1,859	1,892	1,989	2,040	2,065	2,122	2,148	2,180	2,265
Common Stock	1,383	1,386	1,389	1,392	1,399	1,404	1,409	1,417	1,422	1,429	1,430
Retained Earnings	373	400	418	448	537	585	622	676	702	733	813
Accumulated Other Comprehensive Income / (Loss)	42	39	52	52	53	51	34	29	24	18	22

This table displays calculated financial ratios and metrics derived from Reynolds Consumer Products' official financial filings.

Metric	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	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	0.00%	-3.50%	7.62%	8.98%	7.34%	-1.60%	-1.62%	0.70%
EBITDA Growth	0.00%	0.17%	13.98%	-14.31%	-9.54%	19.77%	6.60%	-7.52%
EBIT Growth	0.00%	-0.58%	14.90%	-18.43%	-13.39%	23.67%	7.23%	-10.38%
NOPAT Growth	0.00%	-7.23%	13.49%	-16.75%	-12.26%	22.85%	10.37%	-12.06%
Net Income Growth	0.00%	27.84%	61.33%	-10.74%	-20.37%	15.50%	18.12%	-14.49%
EPS Growth	0.00%	28.32%	22.07%	-12.99%	-20.13%	15.45%	17.61%	-14.37%
Operating Cash Flow Growth	0.00%	-23.96%	-20.84%	-2.82%	-29.35%	194.06%	-24.07%	-2.45%
Free Cash Flow Firm Growth	0.00%	0.00%	108.55%	-24.54%	-48.48%	515.31%	-28.19%	-12.72%
Invested Capital Growth	0.00%	0.00%	5.30%	4.75%	5.86%	-5.64%	-0.24%	-0.14%
Revenue Q/Q Growth	0.00%	0.00%	1.65%	3.89%	1.79%	-2.11%	0.41%	0.32%
EBITDA Q/Q Growth	0.00%	0.00%	2.24%	-3.77%	3.31%	8.16%	-3.42%	-0.63%
EBIT Q/Q Growth	0.00%	0.00%	2.81%	-4.78%	3.76%	9.87%	-4.36%	-1.20%
NOPAT Q/Q Growth	0.00%	0.00%	7.96%	-3.83%	4.88%	9.83%	-4.72%	-0.61%
Net Income Q/Q Growth	0.00%	0.00%	6.45%	-2.41%	0.78%	11.61%	-4.61%	-0.66%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-3.75%	0.00%	11.81%	-4.57%	-1.38%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-21.04%	5.44%	-28.43%	22.90%	-7.39%	13.03%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	12.03%	-24.02%	17.96%	-11.56%	16.72%
Invested Capital Q/Q Growth	0.00%	0.00%	-0.06%	-0.99%	0.23%	-1.31%	-0.35%	-1.86%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	26.48%	29.02%	29.82%	22.81%	20.33%	25.08%	26.47%	24.56%
EBITDA Margin	19.10%	19.82%	20.99%	16.51%	13.91%	16.93%	18.35%	16.85%
Operating Margin	17.31%	16.82%	18.85%	13.44%	10.85%	13.63%	14.86%	13.22%
EBIT Margin	16.33%	16.82%	17.96%	13.44%	10.85%	13.63%	14.86%	13.22%
Profit (Net Income) Margin	5.60%	7.42%	11.12%	9.11%	6.76%	7.93%	9.53%	8.09%
Tax Burden Percent	75.54%	74.75%	70.35%	75.35%	76.33%	75.83%	78.05%	76.59%
Interest Burden Percent	45.42%	59.02%	88.05%	89.96%	81.64%	76.76%	82.15%	79.88%
Effective Tax Rate	24.46%	25.25%	29.65%	24.65%	23.67%	24.17%	21.95%	23.41%
Return on Invested Capital (ROIC)	0.00%	22.71%	12.55%	9.95%	8.29%	10.19%	11.59%	10.22%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	15.22%	10.27%	8.08%	5.39%	5.40%	6.91%	5.13%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-77.72%	78.54%	9.27%	5.95%	5.29%	5.47%	3.48%
Return on Equity (ROE)	0.00%	-55.01%	91.09%	19.22%	14.24%	15.48%	17.07%	13.70%
Cash Return on Invested Capital (CROIC)	0.00%	-177.29%	7.39%	5.31%	2.60%	15.99%	11.84%	10.35%
Operating Return on Assets (OROA)	0.00%	12.26%	13.20%	10.03%	8.50%	10.55%	11.37%	10.03%
Return on Assets (ROA)	0.00%	5.41%	8.17%	6.80%	5.30%	6.14%	7.29%	6.14%
Return on Common Equity (ROCE)	0.00%	-55.01%	91.09%	19.22%	14.24%	15.48%	17.07%	13.70%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-27.51%	22.48%	18.45%	13.81%	15.03%	16.43%	0.00%
Net Operating Profit after Tax (NOPAT)	411	381	433	360	316	388	428	377
NOPAT Margin	13.08%	12.57%	13.26%	10.13%	8.28%	10.34%	11.60%	10.13%
Net Nonoperating Expense Percent (NNEP)	0.00%	7.48%	2.28%	1.87%	2.90%	4.79%	4.68%	5.09%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	7.98%	10.18%	11.19%	9.83%
Cost of Revenue to Revenue	73.52%	70.98%	70.18%	77.19%	79.67%	74.92%	73.53%	75.44%
SG&A Expenses to Revenue	9.17%	10.06%	10.97%	9.00%	8.91%	11.45%	11.61%	10.27%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	9.17%	12.20%	10.97%	9.36%	9.48%	11.45%	11.61%	11.34%
Earnings before Interest and Taxes (EBIT)	513	510	586	478	414	512	549	492
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	600	601	685	587	531	636	678	627
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	3.46	3.43	3.16	2.75	2.65	2.14
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.39	0.40	1.71	1.70	1.54	1.45	1.54	1.30
Price to Earnings (P/E)	6.97	5.45	15.41	18.61	22.85	18.32	16.11	16.02
Dividend Yield	0.00%	0.00%	2.21%	3.20%	3.28%	3.54%	3.41%	4.01%
Earnings Yield	14.35%	18.35%	6.49%	5.37%	4.38%	5.46%	6.21%	6.24%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.94	2.12	2.15	2.03	1.94	1.96	1.70
Enterprise Value to Revenue (EV/Rev)	0.00	1.05	2.30	2.24	2.08	1.91	1.95	1.68
Enterprise Value to EBITDA (EV/EBITDA)	0.00	5.28	10.97	13.59	14.97	11.28	10.65	9.97
Enterprise Value to EBIT (EV/EBIT)	0.00	6.22	12.82	16.69	19.20	14.02	13.15	12.71
Enterprise Value to NOPAT (EV/NOPAT)	0.00	8.32	17.37	22.15	25.15	18.48	16.85	16.60
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	7.87	23.55	25.74	36.29	11.14	14.77	13.11
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	29.51	41.52	80.28	11.78	16.51	16.38
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.00	-2.50	1.38	1.20	1.12	0.92	0.79	0.70
Long-Term Debt to Equity	0.00	-2.48	1.37	1.19	1.11	0.92	0.79	0.70
Financial Leverage	0.00	-5.11	7.65	1.15	1.10	0.98	0.79	0.68
Leverage Ratio	0.00	-5.09	11.14	2.83	2.69	2.52	2.34	2.23
Compound Leverage Factor	0.00	-3.00	9.81	2.54	2.19	1.94	1.92	1.78
Debt to Total Capital	0.00%	166.61%	58.03%	54.60%	52.82%	48.02%	44.04%	41.22%
Short-Term Debt to Total Capital	0.00%	1.71%	0.65%	0.65%	0.63%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	164.90%	57.38%	53.96%	52.18%	48.02%	44.04%	41.22%
Preferred Equity to Total Capital	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%
Common Equity to Total Capital	0.00%	-66.61%	41.97%	45.40%	47.18%	51.98%	55.96%	58.78%
Debt to EBITDA	0.00	3.40	3.26	3.60	3.94	2.88	2.49	2.52
Net Debt to EBITDA	0.00	3.23	2.80	3.32	3.87	2.70	2.28	2.29
Long-Term Debt to EBITDA	0.00	3.37	3.22	3.56	3.89	2.88	2.49	2.52
Debt to NOPAT	0.00	5.37	5.16	5.86	6.62	4.72	3.93	4.19
Net Debt to NOPAT	0.00	5.10	4.44	5.41	6.50	4.42	3.62	3.80
Long-Term Debt to NOPAT	0.00	5.31	5.10	5.79	6.54	4.72	3.93	4.19
Altman Z-Score	0.00	1.34	2.41	2.51	2.49	2.61	2.71	2.52
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.51	2.44	2.28	2.36	2.18	2.04	1.93
Quick Ratio	0.00	0.36	1.44	1.04	0.82	1.00	0.90	0.89
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-2,977	255	192	99	609	437	382
Operating Cash Flow to CapEx	646.34%	369.72%	223.08%	219.86%	171.09%	619.23%	407.50%	296.27%
Free Cash Flow to Firm to Interest Expense	0.00	-14.24	3.64	4.00	1.30	5.12	4.46	3.86
Operating Cash Flow to Interest Expense	1.89	1.93	4.56	6.46	2.88	5.41	4.99	4.82
Operating Cash Flow Less CapEx to Interest Expense	1.60	1.41	2.51	3.52	1.20	4.54	3.77	3.19
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.73	0.73	0.75	0.78	0.77	0.77	0.76
Accounts Receivable Turnover	0.00	89.18	19.03	10.99	10.78	10.28	10.39	10.41
Inventory Turnover	0.00	5.15	5.47	5.48	4.66	4.52	4.98	4.88
Fixed Asset Turnover	0.00	5.65	5.68	5.52	5.46	5.17	4.96	4.71
Accounts Payable Turnover	0.00	10.40	10.58	10.46	10.19	10.21	8.97	7.59
Days Sales Outstanding (DSO)	0.00	4.09	19.18	33.21	33.85	35.52	35.12	35.07
Days Inventory Outstanding (DIO)	0.00	70.90	66.70	66.62	78.32	80.81	73.28	74.83
Days Payable Outstanding (DPO)	0.00	35.11	34.51	34.90	35.83	35.73	40.70	48.11
Cash Conversion Cycle (CCC)	0.00	39.88	51.38	64.92	76.34	80.59	67.69	61.79
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	0.00	3,358	3,536	3,704	3,921	3,700	3,691	3,686
Invested Capital Turnover	0.00	1.81	0.95	0.98	1.00	0.99	1.00	1.01
Increase / (Decrease) in Invested Capital	0.00	3,358	178	168	217	-221	-9.00	-5.00
Enterprise Value (EV)	0.00	3,170	7,513	7,978	7,948	7,176	7,221	6,254
Market Capitalization	1,226	1,226	5,592	6,030	5,895	5,459	5,672	4,821
Book Value per Share	$0.00	($5.26)	$7.70	$8.37	$8.90	$9.44	$10.19	$10.71
Tangible Book Value per Share	$0.00	($24.57)	($6.47)	($5.64)	($4.97)	($4.35)	($3.45)	($2.78)
Total Capital	0.00	1,228	3,848	3,868	3,959	3,815	3,828	3,833
Total Debt	0.00	2,046	2,233	2,112	2,091	1,832	1,686	1,580
Total Long-Term Debt	0.00	2,025	2,208	2,087	2,066	1,832	1,686	1,580
Net Debt	0.00	1,944	1,921	1,948	2,053	1,717	1,549	1,433
Capital Expenditures (CapEx)	82	109	143	141	128	104	120	161
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	111	334	481	662	448	425	392
Debt-free Net Working Capital (DFNWC)	0.00	213	646	645	700	563	562	539
Net Working Capital (NWC)	0.00	192	621	620	675	563	562	539
Net Nonoperating Expense (NNE)	235	156	70	36	58	90	76	76
Net Nonoperating Obligations (NNO)	0.00	4,176	1,921	1,948	2,053	1,717	1,549	1,433
Total Depreciation and Amortization (D&A)	87	91	99	109	117	124	129	135
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	3.66%	10.24%	13.53%	17.34%	11.93%	11.50%	10.53%
Debt-free Net Working Capital to Revenue	0.00%	7.03%	19.80%	18.14%	18.34%	14.99%	15.21%	14.49%
Net Working Capital to Revenue	0.00%	6.33%	19.03%	17.44%	17.68%	14.99%	15.21%	14.49%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$1.78	$1.54	$1.23	$1.42	$1.68	$1.43
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	204.50M	209.80M	209.80M	210M	210.10M	210.30M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$1.77	$1.54	$1.23	$1.42	$1.67	$1.43
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	204.50M	209.80M	209.90M	210M	210.40M	210.40M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	209.70M	209.76M	209.86M	210.01M	210.17M	210.34M
Normalized Net Operating Profit after Tax (NOPAT)	411	381	433	360	316	388	428	377
Normalized NOPAT Margin	13.08%	12.57%	13.26%	10.13%	8.28%	10.34%	11.60%	10.13%
Pre Tax Income Margin	7.42%	9.93%	15.81%	12.09%	8.86%	10.46%	12.21%	10.56%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.83	2.44	8.37	9.96	5.45	4.30	5.60	4.97
NOPAT to Interest Expense	1.47	1.82	6.18	7.50	4.16	3.26	4.37	3.81
EBIT Less CapEx to Interest Expense	1.54	1.92	6.33	7.02	3.76	3.43	4.38	3.34
NOPAT Less CapEx to Interest Expense	1.17	1.30	4.14	4.57	2.47	2.39	3.15	2.18
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	34.16%	59.26%	74.42%	64.43%	54.55%	63.79%
Augmented Payout Ratio	0.00%	0.00%	53.17%	59.26%	74.42%	64.43%	54.55%	63.79%

This table displays calculated financial ratios and metrics derived from Reynolds Consumer Products' 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	-	-	-	-	-	-	-	-	-	-	210,343,558.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	210,343,558.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.28
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-3.31%	-7.44%	-4.69%	-1.06%	-2.67%	1.49%	-1.80%	0.86%	2.31%	1.17%	7.21%
EBITDA Growth	46.02%	25.26%	48.78%	13.25%	3.64%	-10.08%	-11.48%	-11.70%	-7.60%	-1.87%	21.30%
EBIT Growth	61.45%	28.75%	73.08%	16.67%	2.99%	-12.14%	-15.56%	-15.71%	-10.87%	-3.31%	28.95%
NOPAT Growth	60.47%	28.07%	76.52%	32.70%	3.50%	-13.30%	-17.32%	-24.01%	-9.29%	-1.82%	33.86%
Net Income Growth	62.50%	29.25%	188.24%	46.97%	10.26%	-12.41%	-36.73%	-24.74%	-8.14%	-1.67%	90.32%
EPS Growth	60.87%	30.00%	187.50%	43.75%	10.81%	-12.31%	-34.78%	-23.91%	-7.32%	-3.51%	86.67%
Operating Cash Flow Growth	1,170.59%	118.81%	12.50%	-29.41%	-42.59%	-17.65%	-43.43%	8.33%	-25.00%	30.22%	26.79%
Free Cash Flow Firm Growth	345.43%	507.22%	587.94%	320.22%	-43.27%	-61.41%	-82.59%	-64.80%	-71.16%	-4.44%	23.75%
Invested Capital Growth	-4.17%	-5.64%	-4.51%	-3.47%	-1.20%	-0.24%	0.38%	0.03%	1.40%	-0.14%	0.62%
Revenue Q/Q Growth	-0.53%	7.70%	-17.28%	11.64%	-2.15%	12.31%	-19.96%	14.67%	-0.75%	11.06%	-15.18%
EBITDA Q/Q Growth	9.27%	44.24%	-48.74%	40.16%	0.00%	25.15%	-49.53%	39.81%	4.64%	32.91%	-37.62%
EBIT Q/Q Growth	11.67%	53.73%	-56.31%	55.56%	-1.43%	31.16%	-58.01%	55.26%	4.24%	42.28%	-44.00%
NOPAT Q/Q Growth	14.03%	56.24%	-57.21%	74.05%	-11.06%	30.89%	-59.19%	59.96%	6.17%	41.68%	-44.36%
Net Income Q/Q Growth	18.18%	75.64%	-64.23%	97.96%	-11.34%	39.53%	-74.17%	135.48%	8.22%	49.37%	-50.00%
EPS Q/Q Growth	15.63%	75.68%	-64.62%	100.00%	-10.87%	39.02%	-73.68%	133.33%	8.57%	44.74%	-49.09%
Operating Cash Flow Q/Q Growth	81.51%	2.31%	-55.20%	-15.15%	47.62%	46.77%	-69.23%	62.50%	2.20%	154.84%	-70.04%
Free Cash Flow Firm Q/Q Growth	340.88%	43.51%	-36.28%	4.23%	-40.49%	-2.37%	-71.26%	110.78%	-51.24%	223.51%	-62.78%
Invested Capital Q/Q Growth	-2.80%	-1.31%	-0.35%	0.98%	-0.51%	-0.35%	0.27%	0.62%	0.86%	-1.86%	1.03%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	26.63%	30.78%	24.13%	27.53%	26.26%	27.59%	23.11%	24.09%	25.03%	25.73%	23.60%
EBITDA Margin	17.65%	23.63%	14.65%	18.39%	18.79%	20.94%	13.20%	16.10%	16.97%	20.31%	14.94%
Operating Margin	14.33%	20.46%	10.80%	15.05%	15.16%	17.71%	9.29%	12.58%	13.21%	16.92%	11.17%
EBIT Margin	14.33%	20.46%	10.80%	15.05%	15.16%	17.71%	9.29%	12.58%	13.21%	16.92%	11.17%
Profit (Net Income) Margin	8.34%	13.60%	5.88%	10.43%	9.45%	11.74%	3.79%	7.78%	8.49%	11.41%	6.73%
Tax Burden Percent	75.73%	76.97%	75.38%	84.35%	76.11%	75.95%	73.81%	76.04%	77.45%	77.12%	76.62%
Interest Burden Percent	76.87%	86.41%	72.22%	82.14%	81.88%	87.29%	55.26%	81.36%	82.93%	87.43%	78.57%
Effective Tax Rate	24.27%	23.03%	24.62%	15.65%	23.89%	24.05%	26.19%	23.96%	22.55%	22.88%	23.38%
Return on Invested Capital (ROIC)	10.87%	15.52%	8.02%	12.41%	11.40%	13.45%	6.83%	9.47%	10.17%	13.17%	8.72%
ROIC Less NNEP Spread (ROIC-NNEP)	9.69%	14.38%	7.01%	11.27%	10.31%	12.38%	5.30%	8.45%	9.16%	12.03%	7.66%
Return on Net Nonoperating Assets (RNNOA)	10.43%	14.07%	6.86%	10.64%	9.11%	9.80%	4.22%	6.57%	6.94%	8.16%	5.30%
Return on Equity (ROE)	21.30%	29.59%	14.88%	23.05%	20.51%	23.25%	11.06%	16.05%	17.11%	21.33%	14.02%
Cash Return on Invested Capital (CROIC)	13.48%	15.99%	15.67%	15.31%	13.28%	11.84%	10.92%	10.42%	8.77%	10.35%	10.02%
Operating Return on Assets (OROA)	11.28%	15.83%	8.26%	11.44%	11.53%	13.56%	7.05%	9.54%	10.06%	12.84%	8.65%
Return on Assets (ROA)	6.57%	10.53%	4.50%	7.93%	7.18%	8.99%	2.88%	5.90%	6.46%	8.66%	5.21%
Return on Common Equity (ROCE)	21.30%	29.59%	14.88%	23.05%	20.51%	23.25%	11.06%	16.05%	17.11%	21.33%	14.02%
Return on Equity Simple (ROE_SIMPLE)	14.11%	0.00%	16.59%	17.70%	17.87%	0.00%	15.74%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	101	159	68	118	105	137	56	90	95	135	75
NOPAT Margin	10.85%	15.74%	8.14%	12.70%	11.54%	13.45%	6.86%	9.57%	10.23%	13.05%	8.56%
Net Nonoperating Expense Percent (NNEP)	1.18%	1.14%	1.01%	1.15%	1.09%	1.07%	1.53%	1.03%	1.01%	1.14%	1.06%
Return On Investment Capital (ROIC_SIMPLE)	-	4.16%	-	-	-	3.59%	1.49%	2.37%	2.50%	3.52%	1.98%
Cost of Revenue to Revenue	73.37%	69.22%	75.87%	72.47%	73.74%	72.41%	76.89%	75.91%	74.97%	74.27%	76.40%
SG&A Expenses to Revenue	12.30%	10.23%	13.33%	12.47%	11.10%	9.88%	12.71%	10.23%	10.63%	8.03%	12.43%
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	12.30%	10.33%	13.33%	12.47%	11.10%	9.88%	13.81%	11.51%	11.82%	8.80%	12.43%
Earnings before Interest and Taxes (EBIT)	134	206	90	140	138	181	76	118	123	175	98
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	165	238	122	171	171	214	108	151	158	210	131
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.75	2.75	2.97	2.86	3.16	2.65	2.36	2.10	2.36	2.14	1.97
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)	1.36	1.45	1.59	1.58	1.78	1.54	1.36	1.22	1.39	1.30	1.18
Price to Earnings (P/E)	19.52	18.32	17.90	16.16	17.71	16.11	15.01	14.53	16.99	16.02	13.54
Dividend Yield	3.71%	3.54%	3.27%	3.31%	2.96%	3.41%	3.86%	4.30%	3.76%	4.01%	4.34%
Earnings Yield	5.12%	5.46%	5.59%	6.19%	5.65%	6.21%	6.66%	6.88%	5.89%	6.24%	7.38%
Enterprise Value to Invested Capital (EV/IC)	1.89	1.94	2.06	2.02	2.21	1.96	1.78	1.63	1.79	1.70	1.59
Enterprise Value to Revenue (EV/Rev)	1.84	1.91	2.05	2.03	2.22	1.95	1.79	1.65	1.81	1.68	1.56
Enterprise Value to EBITDA (EV/EBITDA)	12.02	11.28	11.25	10.80	11.64	10.65	9.93	9.44	10.65	9.97	9.10
Enterprise Value to EBIT (EV/EBIT)	15.17	14.02	13.82	13.19	14.24	13.15	12.32	11.85	13.50	12.71	11.51
Enterprise Value to NOPAT (EV/NOPAT)	20.00	18.48	18.22	16.84	18.18	16.85	15.79	15.64	17.73	16.60	14.97
Enterprise Value to Operating Cash Flow (EV/OCF)	13.49	11.14	11.61	12.13	15.48	14.77	14.78	13.42	15.93	13.11	12.02
Enterprise Value to Free Cash Flow (EV/FCFF)	13.69	11.78	12.86	12.95	16.52	16.51	16.34	15.68	20.55	16.38	15.89
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.05	0.92	0.92	0.87	0.84	0.79	0.77	0.76	0.75	0.70	0.68
Long-Term Debt to Equity	1.05	0.92	0.92	0.87	0.84	0.79	0.76	0.75	0.74	0.70	0.68
Financial Leverage	1.08	0.98	0.98	0.94	0.88	0.79	0.80	0.78	0.76	0.68	0.69
Leverage Ratio	2.64	2.52	2.55	2.50	2.45	2.34	2.36	2.32	2.29	2.23	2.23
Compound Leverage Factor	2.03	2.18	1.84	2.05	2.00	2.04	1.30	1.89	1.90	1.95	1.75
Debt to Total Capital	51.15%	48.02%	47.96%	46.65%	45.66%	44.04%	43.55%	43.19%	42.77%	41.22%	40.32%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.43%	0.42%	0.42%	0.00%	0.00%
Long-Term Debt to Total Capital	51.15%	48.02%	47.96%	46.65%	45.66%	44.04%	43.12%	42.77%	42.35%	41.22%	40.32%
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	48.85%	51.98%	52.04%	53.35%	54.34%	55.96%	56.45%	56.81%	57.23%	58.78%	59.68%
Debt to EBITDA	3.37	2.88	2.71	2.56	2.47	2.49	2.47	2.54	2.58	2.52	2.35
Net Debt to EBITDA	3.16	2.70	2.51	2.42	2.33	2.28	2.38	2.45	2.50	2.29	2.24
Long-Term Debt to EBITDA	3.37	2.88	2.71	2.56	2.47	2.49	2.44	2.51	2.56	2.52	2.35
Debt to NOPAT	5.60	4.72	4.39	4.00	3.86	3.93	3.92	4.20	4.30	4.19	3.87
Net Debt to NOPAT	5.25	4.42	4.07	3.77	3.64	3.62	3.78	4.05	4.16	3.80	3.69
Long-Term Debt to NOPAT	5.60	4.72	4.39	4.00	3.86	3.93	3.88	4.16	4.25	4.19	3.87
Altman Z-Score	2.23	2.40	2.36	2.41	2.58	2.46	2.23	2.16	2.32	2.31	2.19
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	2.37	2.18	2.11	2.13	2.04	2.04	1.80	1.85	1.94	1.93	1.79
Quick Ratio	1.03	1.00	0.93	0.93	0.82	0.90	0.66	0.70	0.75	0.89	0.73
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	264	380	242	252	150	146	42	89	43	140	52
Operating Cash Flow to CapEx	830.77%	818.52%	341.38%	442.11%	400.00%	443.90%	143.59%	227.50%	206.67%	640.54%	161.36%
Free Cash Flow to Firm to Interest Expense	8.53	13.56	9.67	10.08	6.00	6.37	1.24	4.03	2.06	6.36	2.48
Operating Cash Flow to Interest Expense	6.97	7.89	3.96	3.36	4.96	7.91	1.65	4.14	4.43	10.77	3.38
Operating Cash Flow Less CapEx to Interest Expense	6.13	6.93	2.80	2.60	3.72	6.13	0.50	2.32	2.29	9.09	1.29
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.79	0.77	0.76	0.76	0.76	0.77	0.76	0.76	0.76	0.76	0.77
Accounts Receivable Turnover	11.47	10.28	10.49	9.50	10.42	10.39	10.97	10.15	10.40	10.41	10.75
Inventory Turnover	4.31	4.52	4.36	4.49	4.46	4.98	4.52	4.53	4.40	4.88	4.49
Fixed Asset Turnover	5.20	5.17	5.15	5.13	5.07	4.96	4.90	4.87	4.83	4.71	4.70
Accounts Payable Turnover	9.77	10.21	8.87	8.99	8.49	8.97	7.59	7.51	7.65	7.59	7.01
Days Sales Outstanding (DSO)	31.82	35.52	34.78	38.42	35.01	35.12	33.28	35.98	35.08	35.07	33.94
Days Inventory Outstanding (DIO)	84.62	80.81	83.79	81.31	81.90	73.28	80.83	80.51	82.94	74.83	81.32
Days Payable Outstanding (DPO)	37.38	35.73	41.16	40.59	43.00	40.70	48.08	48.61	47.74	48.11	52.10
Cash Conversion Cycle (CCC)	79.06	80.59	77.41	79.14	73.91	67.69	66.02	67.87	70.28	61.79	63.16
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,749	3,700	3,687	3,723	3,704	3,691	3,701	3,724	3,756	3,686	3,724
Invested Capital Turnover	1.00	0.99	0.98	0.98	0.99	1.00	1.00	0.99	0.99	1.01	1.02
Increase / (Decrease) in Invested Capital	-163	-221	-174	-134	-45	-9.00	14	1.00	52	-5.00	23
Enterprise Value (EV)	7,069	7,176	7,603	7,518	8,174	7,221	6,594	6,081	6,723	6,254	5,914
Market Capitalization	5,212	5,459	5,905	5,835	6,535	5,672	5,015	4,505	5,147	4,821	4,455
Book Value per Share	$9.01	$9.44	$9.47	$9.71	$9.83	$10.19	$10.10	$10.21	$10.36	$10.71	$10.77
Tangible Book Value per Share	($4.74)	($4.35)	($4.28)	($4.01)	($3.85)	($3.45)	($3.51)	($3.35)	($3.17)	($2.78)	($2.70)
Total Capital	3,873	3,815	3,822	3,824	3,800	3,828	3,759	3,781	3,809	3,833	3,795
Total Debt	1,981	1,832	1,833	1,784	1,735	1,686	1,637	1,633	1,629	1,580	1,530
Total Long-Term Debt	1,981	1,832	1,833	1,784	1,735	1,686	1,621	1,617	1,613	1,580	1,530
Net Debt	1,857	1,717	1,698	1,683	1,639	1,549	1,579	1,576	1,576	1,433	1,459
Capital Expenditures (CapEx)	26	27	29	19	31	41	39	40	45	37	44
Debt-free, Cash-free Net Working Capital (DFCFNWC)	515	448	439	489	466	425	424	447	488	392	418
Debt-free Net Working Capital (DFNWC)	639	563	574	590	562	562	482	504	541	539	489
Net Working Capital (NWC)	639	563	574	590	562	562	466	488	525	539	489
Net Nonoperating Expense (NNE)	23	22	19	21	19	17	25	17	16	17	16
Net Nonoperating Obligations (NNO)	1,857	1,717	1,698	1,683	1,639	1,549	1,579	1,576	1,576	1,433	1,459
Total Depreciation and Amortization (D&A)	31	32	32	31	33	33	32	33	35	35	33
Debt-free, Cash-free Net Working Capital to Revenue	13.42%	11.93%	11.82%	13.20%	12.66%	11.50%	11.52%	12.12%	13.16%	10.53%	11.06%
Debt-free Net Working Capital to Revenue	16.65%	14.99%	15.45%	15.92%	15.27%	15.21%	13.10%	13.67%	14.59%	14.49%	12.94%
Net Working Capital to Revenue	16.65%	14.99%	15.45%	15.92%	15.27%	15.21%	12.66%	13.23%	14.15%	14.49%	12.94%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.37	$0.65	$0.23	$0.46	$0.41	$0.58	$0.15	$0.35	$0.38	$0.55	$0.28
Adjusted Weighted Average Basic Shares Outstanding	210M	210M	210.10M	210.10M	210.10M	210.10M	210.30M	210.30M	210.30M	210.30M	210.60M
Adjusted Diluted Earnings per Share	$0.37	$0.65	$0.23	$0.46	$0.41	$0.57	$0.15	$0.35	$0.38	$0.55	$0.28
Adjusted Weighted Average Diluted Shares Outstanding	210M	210M	210.10M	210.20M	210.30M	210.40M	210.30M	210.30M	210.40M	210.40M	211.80M
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	210.01M	210.01M	210.14M	210.14M	210.15M	210.17M	210.32M	210.33M	210.33M	210.34M	210.77M
Normalized Net Operating Profit after Tax (NOPAT)	101	159	68	118	105	137	56	90	95	135	75
Normalized NOPAT Margin	10.85%	15.74%	8.14%	12.70%	11.54%	13.45%	6.86%	9.57%	10.23%	13.05%	8.56%
Pre Tax Income Margin	11.02%	17.68%	7.80%	12.37%	12.42%	15.46%	5.13%	10.23%	10.96%	14.80%	8.78%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.32	7.36	3.60	5.60	5.52	7.87	2.24	5.36	5.86	7.95	4.67
NOPAT to Interest Expense	3.27	5.66	2.71	4.72	4.20	5.98	1.65	4.08	4.54	6.13	3.58
EBIT Less CapEx to Interest Expense	3.48	6.39	2.44	4.84	4.28	6.09	1.09	3.55	3.71	6.27	2.57
NOPAT Less CapEx to Interest Expense	2.43	4.70	1.55	3.96	2.96	4.19	0.50	2.26	2.39	4.45	1.48
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	71.91%	64.43%	58.18%	53.19%	52.03%	54.55%	57.49%	61.94%	63.37%	63.79%	58.36%
Augmented Payout Ratio	71.91%	64.43%	58.18%	53.19%	52.03%	54.55%	57.49%	61.94%	63.37%	63.79%	58.36%

Financials Breakdown Chart

Key Financial Trends

Here are the key takeaways from Reynolds Consumer Products (REYN) using quarterly data from the last four years (2022–2025). The focus is on trends in revenue, profitability, cash flow, and balance-sheet leverage, with an eye toward what retail investors should watch next.

Strong recent cash generation: Q4 2025 net cash from continuing operating activities was 237 million, contributing to a positive net change in cash of 94 million for that quarter. This highlights solid cash flow generation even as the business evolves.
Modest top-line growth in latest quarter: Revenue rose to 1.034 billion in Q4 2025, up from 1.027 billion in Q4 2024, signaling a modest uptick in net sales.
Improving operating profitability in late 2025: Q4 2025 operating income was 175 million, about 17% of revenue, an improvement versus lower margins in earlier periods and a notable lift from the mid-teens margins observed in some prior quarters.
Net income remains solid and resilient: Net income attributable to common shareholders was 118 million in Q4 2025, in line with 2024's 120 million and well above the troughs seen in 2023, indicating earnings stability across cycles.
Disciplined capital deployment and estimated free cash flow: Capex in Q4 2025 was around 37 million, contributing to an approximate quarterly free cash flow near 200 million when combining operating cash flow and capex, suggesting comfortable internal cash generation to support dividends and debt service.
Dividend policy maintained: The quarterly dividend per share stood at 0.23, indicating continued cash-return to shareholders without a cut in the latest period.
Solid asset base with stable capitalization: Total assets hovered around the mid- to high-4 billion range, supported by a balance sheet with roughly equal century-old product assets and modern noncurrent assets, providing a stable base for ongoing operations.
Share count and earnings per share remained stable: Basic and diluted EPS trailing the year hovered around 0.55 in late 2025, with similar weighted-average shares (about 210 million), suggesting limited dilution effects in the near term.
Working capital fluctuations are normal: The changes in operating assets and liabilities (net) vary quarter to quarter (e.g., 82 million in Q4 2025 vs other periods), reflecting typical seasonality and working-capital cycles for a consumer products company.
Net leverage remains manageable but noteworthy: Long-term debt and total liabilities are sizable relative to equity, with the balance sheet showing a historically stable but debt-reliant structure (debt and interest expense generally consistent across recent quarters). This warrants attention if financing costs rise or if revenue growth slows.
Gross margin has eased vs peak periods: The Q4 2025 gross margin was around 25.7% (gross profit 266M on 1.034B revenue), down from the 2023 peak (~31%), indicating margin compression since earlier in the four-year window.
Higher leverage vs equity could constrain flexibility: Total liabilities (~2.7–2.8B) exceed total equity (~2.0–2.2B) over multiple periods, implying a debt-heavy capital structure that could face tighter conditions if interest rates rise or if cash flow weakens.

05/11/26 04:15 PM ETAI Generated. May Contain Errors.

Reynolds Consumer Products Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Reynolds Consumer Products' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Reynolds Consumer Products' net income appears to be on an upward trend, with a most recent value of $301 million in 2025, rising from $176 million in 2018. The previous period was $352 million in 2024. Check out Reynolds Consumer Products' forecast to explore projected trends and price targets.

Reynolds Consumer Products' total operating income in 2025 was $492 million, based on the following breakdown:

Total Gross Profit: $914 million
Total Operating Expenses: $422 million

Over the last 7 years, Reynolds Consumer Products' total revenue changed from $3.14 billion in 2018 to $3.72 billion in 2025, a change of 18.4%.

Reynolds Consumer Products' total liabilities were at $2.68 billion at the end of 2025, a 1.8% decrease from 2024, and a 46.1% decrease since 2019.

In the past 6 years, Reynolds Consumer Products' cash and equivalents has ranged from $38 million in 2022 to $312 million in 2020, and is currently $147 million as of their latest financial filing in 2025.

Over the last 7 years, Reynolds Consumer Products' book value per share changed from 0.00 in 2018 to 10.71 in 2025, a change of 1,071.2%.

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Financial statements for NASDAQ:REYN last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Reynolds Consumer Products (REYN) Financials

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Reynolds Consumer Products Financials - Frequently Asked Questions

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Reynolds Consumer Products (REYN) Financials

Annual Income Statements for Reynolds Consumer Products

Quarterly Income Statements for Reynolds Consumer Products

Annual Cash Flow Statements for Reynolds Consumer Products

Quarterly Cash Flow Statements for Reynolds Consumer Products

Annual Balance Sheets for Reynolds Consumer Products

Quarterly Balance Sheets for Reynolds Consumer Products

Annual Metrics And Ratios for Reynolds Consumer Products

Quarterly Metrics And Ratios for Reynolds Consumer Products

Financials Breakdown Chart

Key Financial Trends

Reynolds Consumer Products Financials - Frequently Asked Questions

When does Reynolds Consumer Products' financial year end?

How has Reynolds Consumer Products' net income changed over the last 7 years?

What is Reynolds Consumer Products' operating income?

How has Reynolds Consumer Products' revenue changed over the last 7 years?

How much debt does Reynolds Consumer Products have?

How much cash does Reynolds Consumer Products have?

How has Reynolds Consumer Products' book value per share changed over the last 7 years?

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