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Sealed Air (Sealed Air) Gross Margin % : 29.39% (As of Dec. 2023)


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What is Sealed Air Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sealed Air's Gross Profit for the three months ended in Dec. 2023 was $405 Mil. Sealed Air's Revenue for the three months ended in Dec. 2023 was $1,378 Mil. Therefore, Sealed Air's Gross Margin % for the quarter that ended in Dec. 2023 was 29.39%.

Warning Sign:

Sealed Air Corp gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


The historical rank and industry rank for Sealed Air's Gross Margin % or its related term are showing as below:

SEE' s Gross Margin % Range Over the Past 10 Years
Min: 29.9   Med: 32.2   Max: 34.68
Current: 29.9


During the past 13 years, the highest Gross Margin % of Sealed Air was 34.68%. The lowest was 29.90%. And the median was 32.20%.

SEE's Gross Margin % is ranked better than
72.7% of 370 companies
in the Packaging & Containers industry
Industry Median: 21.59 vs SEE: 29.90

Sealed Air had a gross margin of 29.39% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sealed Air was -1.40% per year.


Sealed Air Gross Margin % Historical Data

The historical data trend for Sealed Air's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sealed Air Gross Margin % Chart

Sealed Air Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.66 32.82 30.38 31.42 29.90

Sealed Air Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.16 30.03 30.27 29.91 29.39

Competitive Comparison of Sealed Air's Gross Margin %

For the Packaging & Containers subindustry, Sealed Air's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sealed Air's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sealed Air's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sealed Air's Gross Margin % falls into.



Sealed Air Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Sealed Air's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1641.3 / 5488.9
=(Revenue - Cost of Goods Sold) / Revenue
=(5488.9 - 3847.6) / 5488.9
=29.90 %

Sealed Air's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=404.9 / 1377.5
=(Revenue - Cost of Goods Sold) / Revenue
=(1377.5 - 972.6) / 1377.5
=29.39 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Sealed Air  (NYSE:SEE) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Sealed Air had a gross margin of 29.39% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Sealed Air Gross Margin % Related Terms

Thank you for viewing the detailed overview of Sealed Air's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sealed Air (Sealed Air) Business Description

Traded in Other Exchanges
Address
2415 Cascade Pointe Boulevard, Charlotte, NC, USA, 28208
Sealed Air is organized via two reporting segments. Food care includes food packaging products like Cryovac, Darfresh, and OptiDure aimed primarily at meats. Product care includes Sealed Air's Bubble Wrap, Instapak, Jiffy mailers, and shrink film packaging systems that cater to industrial and e-commerce applications.
Executives
Doheny Edward L Ii director, officer: COO and CEO-Designate 100 E. WISCONSIN AVENUE, SUITE 2780, MILWAUKEE WI 53202
Veronika Johnson officer: CAO and Controller 9696 SADDLE AVENUE, MARVIN NC 28173
Clay M Johnson director 2415 CASCADE, C/O SEALED AIR CORPORATION, CHARLOTTE NC 28208
Dustin J. Semach officer: CFO Designate 1 FANATICAL PLACE, CITY OF WINDCREST, SAN ANTONIO TX 78218
Jerry R. Whitaker director TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Zubaid Ahmad director C/O SEALED AIR CORPORATION, 2415 CASCADE POINTE BLVD, CHARLOTTE NC 28208
Sergio A Pupkin officer: Vice President C/O SEALED AIR CORPORATION, 2415 CASCADE POINTE BOULEVARD, CHARLOTTE NC 28208
Emile Z. Chammas officer: Senior Vice President SEALED AIR CORPORATION, 200 RIVERFRONT BOULEVARD, ELMWOOD PARK NJ 07407
Henry R. Keizer director MONTPELIER HOUSE, 94 PITTS BAY ROAD, PEMBROKE D0 HM 08
Kevin C Berryman director 521 WEST 57TH STREET, NEW YORK NY 10019
Shuxian Susan Yang officer: Vice President, Treasurer C/O SEALED AIR CORPORATION, 2415 CASCADE POINTE BOULEVARD, CHARLOTTE NY 28208
Jannick Thomsen officer: VP, Chf PPL & Digital Officer C/O SEALED AIR CORPORATION, 2415 CASCADE POINTE BOULEVARD, CHARLOTTE NC 28208
Gerd Wichmann officer: President, EMEA C/O SEALED AIR CORPORATION, 2415 CASCADE POINTE BOULEVARD, CHARLOTTE NC 28208
Tobias Grasso officer: President, Americas C/O SEALED AIR CORPORATION, 2415 CASCADE POINTE BOULEVARD, CHARLOTTE NC 28208
Alessandra Faccin Assis officer: President, APAC C/O SEALED AIR CORPORATION, 2415, CHARLOTTE NC 28208