Berry Financial Statements From 2010 to 2022

BERY
 Stock
  

USD 54.44  0.01  0.0184%   

Berry Global financial statements provide useful quarterly and yearly information to potential Berry Global Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Berry Global financial statements helps investors assess Berry Global's valuation, profitability, and current liquidity needs.
We have found ninety available fundamental signals for Berry Global Group, which can be analyzed and compared to other ratios and to its rivals. Make sure you validate all of Berry Global Group prevailing market performance against the performance between 2010 and 2022 to make sure the company can sustain itself down the road.
Berry Global Net Income Per Employee is fairly stable at the moment as compared to the past year. Berry Global reported Net Income Per Employee of 14,823 in 2021. Revenue Per Employee is likely to rise to about 332.2 K in 2022, whereas Earnings before Tax are likely to drop slightly above 408.6 M in 2022.
  
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Check Berry Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Berry main balance sheet or income statement drivers, such as Direct Expenses of 5.4 B, Consolidated Income of 319.8 M or Cost of Revenue of 6.4 B, as well as many exotic indicators such as Interest Coverage of 2.27, Long Term Debt to Equity of 7.8 or Calculated Tax Rate of 25.52. Berry financial statements analysis is a perfect complement when working with Berry Global Valuation or Volatility modules. It can also supplement various Berry Global Technical models. Continue to the analysis of Berry Global Correlation against competitors.

Berry Global Revenues

7.93 Billion

Berry Global Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets9.8 B8.5 B11.6 B
Increasing
Slightly volatile
Cash and Equivalents383.6 M306 M600.1 M
Increasing
Slightly volatile
Property Plant and Equipment Net2.7 B2.4 B3.4 B
Increasing
Slightly volatile
Inventory907.5 M762 M1.2 B
Increasing
Slightly volatile
Tax Assets143.5 M131.1 M128.4 M
Decreasing
Very volatile
Trade and Non Trade Receivables958.3 M847 M1.2 B
Increasing
Slightly volatile
Trade and Non Trade Payables756.6 M638 M1.1 B
Increasing
Slightly volatile
Goodwill and Intangible Assets4.6 B4.1 B5.1 B
Increasing
Slightly volatile
Total Liabilities8.9 B7.5 B10.2 B
Increasing
Slightly volatile
Shareholders Equity965.4 MB1.4 B
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit317.3 M256 M868.9 M
Increasing
Slightly volatile
Current Assets2.4 BB3.1 B
Increasing
Slightly volatile
Assets Non Current7.4 B6.5 B8.5 B
Increasing
Slightly volatile
Current Liabilities1.3 B1.1 B1.9 B
Increasing
Slightly volatile
Liabilities Non Current7.5 B6.3 B8.3 B
Increasing
Slightly volatile
Tax Liabilities469.7 M419 M409.4 M
Increasing
Slightly volatile
Total Debt6.6 B5.6 B7.3 B
Increasing
Slightly volatile
Debt Current47.2 M33 M34.3 M
Decreasing
Slightly volatile
Debt Non Current6.6 B5.6 B7.3 B
Increasing
Slightly volatile
Shareholders Equity USD965.4 MB1.4 B
Increasing
Slightly volatile
Cash and Equivalents USD383.6 M306 M600.1 M
Increasing
Slightly volatile
Total Debt USD6.6 B5.6 B7.3 B
Increasing
Slightly volatile
Accounts Payable629 M638 M1.1 B
Increasing
Slightly volatile
Receivables804.5 M847 M1.2 B
Increasing
Slightly volatile
Inventories759.1 M762 M1.1 B
Increasing
Slightly volatile

Berry Global Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues7.9 B7.1 B9.3 B
Increasing
Slightly volatile
Cost of Revenue6.4 B5.7 B7.6 B
Increasing
Slightly volatile
Selling General and Administrative Expense543.7 M494 M639.4 M
Increasing
Slightly volatile
Operating Expenses769.8 M686 M906.5 M
Increasing
Slightly volatile
Interest Expense311.6 M269 M311 M
Increasing
Stable
Income Tax Expense88.8 M109 M105.4 M
Increasing
Slightly volatile
Consolidated Income319.8 M340 M400.4 M
Increasing
Slightly volatile
Net Income to Non Controlling Interests894.7 K900 K984.2 K
Decreasing
Slightly volatile
Net Income319.8 M340 M400.4 M
Increasing
Slightly volatile
Net Income Common Stock319.8 M340 M400.4 M
Increasing
Slightly volatile
Weighted Average Shares137.2 M130.4 M125.9 M
Increasing
Slightly volatile
Weighted Average Shares Diluted108.4 M99.6 M94.2 M
Decreasing
Stable
Earning Before Interest and Taxes EBIT720.2 M718 M816.9 M
Increasing
Slightly volatile
Revenues USD7.9 B7.1 B9.3 B
Increasing
Slightly volatile
Net Income Common Stock USD319.8 M340 M400.4 M
Increasing
Slightly volatile
Earning Before Interest and Taxes USD720.2 M718 M816.9 M
Increasing
Slightly volatile
Gross Profit1.5 B1.4 B1.7 B
Increasing
Slightly volatile
Operating Income733.9 M718 M823.1 M
Increasing
Slightly volatile
Direct Expenses5.4 B5.7 B7.5 B
Increasing
Slightly volatile

Berry Global Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals(551.3 M)(511 M)(924.6 M)
Increasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals251.4 M252.9 M276.6 M
Decreasing
Slightly volatile
Net Cash Flow from Financing(231.9 M)(226 M)385.5 M
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities (144.7 M)(141 M)443 M
Decreasing
Slightly volatile
Issuance Purchase of Equity Shares39.7 M31 M38.4 M
Increasing
Slightly volatile
Net Cash Flow from OperationsB975 M1.1 B
Increasing
Slightly volatile
Effect of Exchange Rate Changes on Cash 8.6 MM12.3 M
Decreasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(17.4 M)(17 M)156.9 M
Increasing
Slightly volatile
Share Based Compensation22.1 M20 M26.5 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion571.3 M521 M640.9 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share2.422.662.9639
Increasing
Slightly volatile
Earnings per Diluted Share2.332.562.8686
Increasing
Slightly volatile
Earnings per Basic Share USD2.422.662.9639
Increasing
Slightly volatile
Return on Average Equity0.420.4861.4111
Decreasing
Slightly volatile
Return on Average Assets0.03950.0410.0362
Increasing
Slightly volatile
Return on Invested Capital0.08150.0820.0733
Increasing
Slightly volatile
Gross Margin0.210.1980.1877
Increasing
Stable
Profit Margin0.04090.0480.036
Increasing
Slightly volatile
EBITDA Margin0.180.1750.1575
Increasing
Slightly volatile
Return on Sales0.09660.1010.0849
Increasing
Slightly volatile
Asset Turnover0.810.8580.8204
Decreasing
Slightly volatile
Enterprise Value over EBITDA9.4810.4959.2854
Decreasing
Slightly volatile
Enterprise Value over EBIT16.9218.016.3781
Decreasing
Slightly volatile
Price to Earnings Ratio21.5721.29718.0024
Decreasing
Slightly volatile
Sales per Share63.4154.4173.1289
Increasing
Slightly volatile
Price to Sales Ratio0.841.0410.7543
Decreasing
Stable
Price to Book Value7.887.313.4595
Decreasing
Slightly volatile
Debt to Equity Ratio7.957.37315.1417
Decreasing
Slightly volatile
Current Ratio1.71.7671.6912
Decreasing
Slightly volatile
Free Cash Flow per Share5.485.465.3838
Increasing
Slightly volatile
Book Value per Share7.17.76110.4427
Increasing
Slightly volatile
Tangible Assets Book Value per Share41.1533.85750.5686
Increasing
Slightly volatile
Total Assets Per Share65.5364.751789.6917
Increasing
Slightly volatile
Cash Flow Per Share6.697.44848.5744
Increasing
Slightly volatile
Return on Investment10.0111.595110.3791
Increasing
Stable
Operating Margin8.6910.31718.5648
Increasing
Slightly volatile
Calculated Tax Rate25.5224.276221.9298
Decreasing
Stable
Receivables Turnover10.229.17419.6221
Decreasing
Slightly volatile
Inventory Turnover7.298.00427.8262
Decreasing
Slightly volatile
PPandE Turnover3.573.13.3375
Decreasing
Slightly volatile
Cash and Equivalents Turnover29.9122.621622.3498
Decreasing
Slightly volatile
Accounts Payable Turnover13.4712.089211.9237
Decreasing
Slightly volatile
Accrued Expenses Turnover52.8941.124246.3171
Decreasing
Slightly volatile
Interest Coverage2.272.72122.6406
Increasing
Slightly volatile
Long Term Debt to Equity7.85.541514.2607
Decreasing
Slightly volatile
Quick Ratio0.931.010.9518
Increasing
Very volatile
Net Current Assets as percentage of Total Assets11.9710.264310.4803
Increasing
Slightly volatile
Revenue to Assets0.920.83710.8264
Decreasing
Stable

Berry Global Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax408.6 M449 M505.9 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.3 B1.2 B1.5 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD1.3 B1.2 B1.5 B
Increasing
Slightly volatile
Market CapitalizationB7.4 B6.8 B
Increasing
Slightly volatile
Enterprise Value13.3 B13 B13.9 B
Increasing
Slightly volatile
Invested Capital10.1 B8.6 B11.4 B
Increasing
Slightly volatile
Average Equity791 M699.8 M1.2 B
Increasing
Slightly volatile
Average Assets9.6 B8.3 B11.7 B
Increasing
Slightly volatile
Invested Capital Average10.1 B8.8 B11.8 B
Increasing
Slightly volatile
Tangible Asset Value5.2 B4.4 B6.5 B
Increasing
Slightly volatile
Free Cash Flow696.5 M712 M690 M
Increasing
Slightly volatile
Working CapitalB870 M1.2 B
Increasing
Slightly volatile
Revenue Per Employee332.2 K309.3 K301.2 K
Increasing
Very volatile
Net Income Per Employee16 K14.8 K11 K
Increasing
Slightly volatile

Berry Fundamental Market Drivers

Short Percent Of Float1.72%
Forward Price Earnings6.79
Shares Short Prior Month2.58M
Average Daily Volume Last 10 Day1.13M
Average Daily Volume In Three Month941.28k
Date Short Interest29th of April 2022
Fifty Day Average56.17
Two Hundred Day Average62.46

Berry Upcoming Events

Upcoming Quarterly Report3rd of February 2022
Next Financial Report3rd of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End17th of November 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Berry Global Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Berry Global income statement, its balance sheet, and the statement of cash flows. Berry Global investors use historical funamental indicators, such as Berry Global's revenue or net income, to determine how well the company is positioned to perform in the future. Although Berry Global investors may use each financial statement separately, they are all related. The changes in Berry Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Berry Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Berry Global Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Berry Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Cost of Revenue5.7 B6.4 B
Revenues7.1 B7.9 B
Revenue to Assets 0.84  0.92 
Revenue Per Employee309.3 K332.2 K
Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets. Berry Global Group, Inc. was founded in 1967 and is based in Evansville, Indiana. Berry Global operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. It employs 47000 people.

Berry Global Investors Sentiment

The influence of Berry Global's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Berry. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Berry Global's public news can be used to forecast risks associated with investment in Berry. The trend in average sentiment can be used to explain how an investor holding Berry can time the market purely based on public headlines and social activities around Berry Global Group. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Berry Global's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Berry Global's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Berry Global's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Berry Global.

Berry Global Implied Volatility

    
  35.59  
Berry Global's implied volatility exposes the market's sentiment of Berry Global Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Berry Global's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Berry Global stock will not fluctuate a lot when Berry Global's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Berry Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Berry Global's short interest history, or implied volatility extrapolated from Berry Global options trading.

Current Sentiment - BERY

Berry Global Group Investor Sentiment

Most of Macroaxis users are currently bullish on Berry Global Group. What is your opinion about investing in Berry Global Group? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Berry Global

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Berry Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Berry Global will appreciate offsetting losses from the drop in the long position's value.

Berry Global Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Berry Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Berry Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Berry Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Berry Global Group to buy it.
The correlation of Berry Global is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Berry Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Berry Global Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Berry Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Berry Global Correlation against competitors. Note that the Berry Global Group information on this page should be used as a complementary analysis to other Berry Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Berry Global Group price analysis, check to measure Berry Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Berry Global is operating at the current time. Most of Berry Global's value examination focuses on studying past and present price action to predict the probability of Berry Global's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Berry Global's price. Additionally, you may evaluate how the addition of Berry Global to your portfolios can decrease your overall portfolio volatility.
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Is Berry Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Berry Global. If investors know Berry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Berry Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.14
Market Capitalization
7.1 B
Quarterly Revenue Growth YOY
0.12
Return On Assets
0.0456
Return On Equity
0.25
The market value of Berry Global Group is measured differently than its book value, which is the value of Berry that is recorded on the company's balance sheet. Investors also form their own opinion of Berry Global's value that differs from its market value or its book value, called intrinsic value, which is Berry Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Berry Global's market value can be influenced by many factors that don't directly affect Berry Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Berry Global's value and its price as these two are different measures arrived at by different means. Investors typically determine Berry Global value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berry Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.