← APTARGROUP, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $239.6m | $284.2m | $374.2m | $392.5m | |
| Net Income (Loss) Attributable to Parent | $205.6m | $220.0m | $194.8m | $242.2m | $214.1m | $243.6m | $239.3m | $284.5m | $374.5m | $392.8m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $205.6m | $220.0m | $194.7m | $242.2m | $214.0m | $244.1m | $239.3m | $284.5m | $374.5m | $392.8m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $205.6m | $220.0m | $194.8m | $242.2m | $214.1m | $243.6m | $239.6m | $284.2m | $374.2m | $392.5m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $14k | ($1k) | $21k | $25k | $50k | ($459k) | $267k | ($311k) | ($363k) | — | |
| Depreciation, Depletion and Amortization | $154.8m | $153.1m | $171.7m | $194.6m | $220.3m | $234.9m | $233.7m | $248.6m | $263.8m | $287.4m | |
| Amortization | $9.3m | $10.3m | $15.5m | $27.6m | $39.8m | $41.1m | $43.6m | $44.7m | $44.1m | $45.1m | |
| Amortization of Intangible Assets | $9.3m | $10.3m | $15.5m | $27.6m | $39.8m | $41.1m | $43.6m | $44.7m | $44.1m | $45.1m | |
| Depreciation | $145.5m | $142.8m | $156.3m | $166.9m | $180.5m | $193.8m | $190.1m | $203.9m | $219.7m | $242.3m | |
| Amortization Cash Flow | — | — | — | — | — | — | $43.6m | $44.7m | $44.1m | $45.1m | |
| Amortization Of Intangibles | — | — | — | — | — | — | $43.6m | $44.7m | $44.1m | $45.1m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $233.7m | $248.6m | $263.8m | $287.4m | |
| Deferred Income Tax Expense (Benefit) | ($11.1m) | $2.2m | ($23.4m) | $8.7m | ($8.2m) | ($14.4m) | ($12.1m) | ($19.9m) | ($21.4m) | ($11.7m) | |
| Deferred Income Tax | — | — | — | — | — | — | ($12.1m) | ($19.9m) | ($21.4m) | ($11.7m) | |
| Deferred Tax | — | — | — | — | — | — | ($12.1m) | ($19.9m) | ($21.4m) | ($11.7m) | |
| Share-based Payment Arrangement, Noncash Expense | $19.8m | $18.9m | $19.6m | $23.9m | $34.1m | $38.9m | $40.9m | $41.3m | $47.6m | $43.9m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | — | — | $0 | $0 | $0 | |
| Goodwill, Impairment Loss | $0 | $0 | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Asset Impairment Charge | — | — | — | — | — | — | $307k | $257k | $254k | $2.2m | |
| Gain (Loss) on Disposition of Assets | — | — | $770k | ($344k) | ($2.6m) | ($217k) | ($397k) | $3.6m | $52k | ($712k) | |
| Gain (Loss) on Extinguishment of Debt | — | ($4.7m) | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | ($191k) | ($229k) | ($229k) | $135k | ($1.4m) | ($692k) | $467k | $2.2m | $87k | $7.4m | |
| Income Tax Expense (Benefit) | $74.9m | $74.8m | $71.3m | $99.8m | $87.1m | $78.0m | $95.1m | $90.6m | $95.6m | $98.9m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $43.9m | $52.7m | |
| Other Nonoperating Income (Expense) | $2.8m | $8.7m | $5.5m | $1.6m | ($4.6m) | ($3.1m) | ($4.8m) | $3.2m | $3.3m | ($2.0m) | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($467k) | ($2.2m) | ($87k) | ($33.9m) | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | ($191k) | ($229k) | ($229k) | $135k | ($1.4m) | ($692k) | $467k | $2.2m | $87k | $7.4m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $41.7m | $44.7m | $67.0m | ($8.8m) | ($13.5m) | $123.3m | — | — | — | — | |
| Increase (Decrease) in Inventories | $834k | $13.0m | $25.2m | ($605k) | ($13.7m) | $80.0m | $60.4m | $10.6m | ($21.9m) | $10.6m | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | — | ($64k) | — | ($2.1m) | $1.4m | $1.7m | ($483k) | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | $6.5m | — | $64k | $4.7m | $2.1m | ($1.4m) | ($1.7m) | $483k | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($326k) | ($5.0m) | ($1.7m) | ($1.7m) | ($5.9m) | ($1.4m) | ($7.2m) | ($7.3m) | ($2.0m) | ($2.9m) | |
| Gain (Loss) on Investments | — | — | — | — | — | $4.7m | ($2.1m) | $1.4m | $1.7m | ($483k) | |
| Goodwill | $407.5m | $443.9m | $712.1m | $763.5m | $898.5m | $974.2m | $945.6m | $963.4m | $936.3m | $1.1b | |
| Investment Income, Interest | $2.6m | $5.5m | $7.1m | $4.2m | $958k | $3.7m | $2.7m | $4.4m | $12.1m | $11.7m | |
| Proceeds from Stock Options Exercised | $53.5m | $73.9m | $88.2m | $90.8m | $68.6m | $59.9m | $28.5m | $54.0m | $54.8m | $18.9m | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $2.8b | $2.9b | — | — | $3.3b | $3.5b | $3.6b | $3.8b | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | $2.7m | ($3.3m) | ($2.8m) | $1.7m | ($483k) | |
| Beginning Cash Position | — | — | — | — | — | — | $122.9m | $142.7m | $224.1m | $224.3m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($162.1m) | ($171.6m) | ($225.3m) | ($77.5m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($295.6m) | ($324.5m) | ($396.7m) | ($331.4m) | |
| Change In Account Payable | — | — | — | — | — | — | $55.1m | $14.6m | ($23.7m) | ($18.3m) | |
| Change In Income Tax Payable | — | — | — | — | — | — | $17.1m | ($8.3m) | $4.1m | ($9.1m) | |
| Change In Inventory | — | — | — | — | — | — | ($60.4m) | ($10.6m) | $21.9m | ($10.6m) | |
| Change In Other Working Capital | — | — | — | — | — | — | ($22.1m) | ($1.4m) | ($14.1m) | ($18.5m) | |
| Change In Payable | — | — | — | — | — | — | $72.2m | $6.3m | ($19.6m) | ($27.3m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $72.2m | $6.3m | ($19.6m) | ($27.3m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($6.8m) | ($3.9m) | ($2.4m) | $5.0m | |
| Change In Receivables | — | — | — | — | — | — | ($27.9m) | $15.4m | ($18.1m) | ($73.9m) | |
| Change In Tax Payable | — | — | — | — | — | — | $17.1m | ($8.3m) | $4.1m | ($9.1m) | |
| Change In Working Capital | — | — | — | — | — | — | ($45.0m) | $5.8m | ($32.3m) | ($125.4m) | |
| Changes In Cash | — | — | — | — | — | — | $20.9m | $79.2m | $21.3m | $161.1m | |
| End Cash Position | — | — | — | — | — | — | $142.7m | $224.1m | $224.3m | $404.8m | |
| Financing Cash Flow | — | — | — | — | — | — | ($162.1m) | ($171.6m) | ($225.3m) | ($77.5m) | |
| Free Cash Flow | — | — | — | — | — | — | $163.0m | $256.8m | $349.2m | $294.6m | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $397k | ($3.6m) | ($52k) | $712k | |
| Investing Cash Flow | — | — | — | — | — | — | ($295.6m) | ($324.5m) | ($396.7m) | ($331.4m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($4.1m) | ($16.6m) | $0 | ($60.2m) | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | ($5.2m) | ($6.1m) | ($17.7m) | ($5.0m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $93k | $5.3m | $1.5m | $3.5m | |
| Operating Gains Losses | — | — | — | — | — | — | $24.5m | $8.4m | $11.9m | ($20.6m) | |
| Other Non Cash Items | — | — | — | — | — | $2.8m | ($8.6m) | — | — | — | |
| Pension And Employee Benefit Expense | — | — | — | — | — | — | $24.6m | $14.2m | $12.0m | $12.6m | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $28.5m | $54.0m | $54.8m | $18.9m | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $3.2m | $8.1m | $1.0m | $1.3m | |
| Purchase Of Business | — | — | — | — | — | — | ($4.1m) | ($16.6m) | $0 | ($60.2m) | |
| Purchase Of Intangibles | — | — | — | — | — | — | ($5.2m) | ($6.1m) | ($17.7m) | ($5.0m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($92.1m) | ($47.6m) | ($68.6m) | ($365.0m) | |
| Sale Of PPE | — | — | — | — | — | — | $93k | $5.3m | $1.5m | $3.5m | |
| Stock Based Compensation | — | — | — | — | — | — | $40.9m | $41.3m | $47.6m | $43.9m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | $2.1m | ($1.4m) | ($1.7m) | $483k | |
| Net Cash Provided by (Used in) Operating Activities | $327.2m | $324.7m | $313.6m | $514.5m | $570.2m | $363.4m | $478.6m | $575.2m | $643.4m | $570.0m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $129.0m | $156.6m | $211.3m | $242.3m | $246.0m | $307.9m | $310.4m | $312.3m | $276.5m | $270.4m | |
| Capital Expenditure Reported | $129.0m | $156.6m | $211.3m | $242.3m | $246.0m | $307.9m | ($310.4m) | ($312.3m) | ($276.5m) | ($270.4m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $203.0m | — | $527.9m | $106.3m | $164.2m | $148.4m | $4.1m | $16.6m | $0 | $60.2m | |
| Payments to Acquire Investments | — | — | $10.0m | $3.5m | $39.6m | $6.9m | $0 | — | — | — | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $2.3m | $5.6m | ($101.3m) | ($2.9m) | |
| Purchase Of Investment | — | — | — | — | — | — | $0 | $0 | ($101.3m) | ($8.7m) | |
| Sale Of Investment | — | — | — | — | — | — | $2.3m | $5.6m | $0 | $5.8m | |
| Net Other Investing Changes | — | — | — | — | — | — | $21.6m | ($442k) | ($2.7m) | $3.6m | |
| Net Cash Provided by (Used in) Investing Activities | ($300.5m) | ($224.8m) | ($735.5m) | ($336.3m) | ($452.0m) | ($457.2m) | ($295.6m) | ($324.5m) | ($396.7m) | ($331.4m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $6.0m | $625.6m | $13.2m | $10.5m | $4.9m | $11.7m | $412.0m | $403k | $168.6m | $600.2m | |
| Issuance Of Debt | — | — | — | — | — | — | $452.0m | $25.9m | $190.9m | $631.2m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $452.0m | $25.9m | $190.9m | $631.2m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $5.0m | ($51.6m) | ($97.5m) | $394.1m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $148.0m | ($128.5m) | ($206.3m) | $436.4m | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | ($143.1m) | $77.0m | $108.8m | ($42.4m) | |
| Repayments of Long-term Debt | $55.3m | $165.8m | $72.3m | $67.3m | $64.7m | $68.8m | $265.1m | $125.8m | $373.8m | $166.6m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($303.9m) | ($154.5m) | ($397.2m) | ($194.8m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($303.9m) | ($154.5m) | ($397.2m) | ($194.8m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($92.1m) | ($47.6m) | ($68.6m) | ($365.0m) | |
| Payments for Repurchase of Common Stock | — | $120.5m | $3.9m | $86.5m | $0 | $78.1m | $92.1m | $47.6m | $68.6m | $365.0m | |
| Payments of Ordinary Dividends, Common Stock | $76.7m | $79.9m | $82.3m | $90.2m | $92.7m | $98.5m | $99.5m | $103.7m | $114.1m | $120.8m | |
| Common Stock Payments | — | — | — | — | — | — | ($92.1m) | ($47.6m) | ($68.6m) | ($365.0m) | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | — | — | — | — | $790k | |
| Cash Dividends Paid | — | — | — | — | — | — | ($99.5m) | ($103.7m) | ($114.1m) | ($120.8m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($99.5m) | ($103.7m) | ($114.1m) | ($120.8m) | |
| Net Other Financing Charges | — | — | — | — | — | ($1.7m) | ($4.0m) | ($22.8m) | — | ($4.6m) | |
| Net Cash Provided by (Used in) Financing Activities | ($31.6m) | $114.8m | ($14.9m) | ($197.1m) | ($73.7m) | ($81.5m) | ($162.1m) | ($171.6m) | ($225.3m) | ($77.5m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($18.7m) | $31.6m | ($9.1m) | ($904k) | $13.5m | ($6.7m) | ($1.1m) | $2.2m | ($21.1m) | $19.4m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($1.1m) | $2.2m | ($21.1m) | $19.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($18.7m) | $31.6m | ($445.8m) | ($19.9m) | $58.0m | ($182.0m) | $19.8m | $81.4m | $201k | $180.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($23.6m) | $246.4m | $266.8m | $247.0m | $305.0m | $122.9m | $142.7m | $224.1m | $224.3m | $404.8m | |
| Cash, Cash Equivalents, and Short-term Investments | $466.3m | — | — | — | $300.4m | $123.7m | $141.7m | — | — | — | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $19.8m | $81.4m | $201k | $180.5m | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $36.3m | $38.8m | $32.0m | $34.4m | $33.3m | $29.1m | $35.5m | $39.6m | $43.5m | $50.0m | |
| Income Taxes Paid, Net | — | — | — | — | — | $95.0m | $87.5m | $112.0m | $89.4m | $179.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.