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AptarGroup ATR Food + Beverage — Restructuring initiatives

Discontinued — last reported Q4 '22

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Other financials

Income statement

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Revenue$982.9M+10.8%
Gross profit$351.9M+4.6%
Operating income$107.5M-5.2%
Net income$72.7M-7.8%
EPS (diluted)$1.12-4.3%

Balance sheet

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Cash & equivalents$225.0M+78.8%
Total debt$1.4B+32.7%
Total equity$2.6B+3.6%
Total assets$5.1B+12.6%

Cash flow

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Operating cash flow$118.7M+43.5%
CapEx$65.4M+15.0%
Free cash flow$53.3M+106%

Valuation

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Market cap$7.68B-17.9%
Enterprise value$8.89B-13.9%
P/E19.9×-5.4×
P/S-0.6×

Profitability

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Gross margin36.7%-1.6pp
Operating margin12.8%-1.2pp
Net margin10%-0.4pp
FCF margin8.4%-2.1pp

Returns & leverage

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Return on equity15%-0.2pp
Debt / equity0.5×+0.1×
Current ratio1.7×+0.4×

Where this comes from

Reported directly by AptarGroup in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The official record: AptarGroup’s 10-K, filed February 17, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is AptarGroup's food + beverage — restructuring initiatives?
AptarGroup (ATR) reported food + beverage — restructuring initiatives of $170K in Q4 2022.
How has AptarGroup's food + beverage — restructuring initiatives changed year-over-year?
AptarGroup's food + beverage — restructuring initiatives decreased by 27.7% year-over-year, from $235K to $170K.
What does food + beverage — restructuring initiatives mean?
Costs incurred to reorganize or improve the efficiency of the food and beverage segment.
How do you interpret food + beverage — restructuring initiatives?
High costs indicate active restructuring, which is typically a negative short-term signal but intended to drive long-term margin improvement.
How does food + beverage — restructuring initiatives compare across companies?
Comparable to 'Restructuring charges' or 'Special items' in segment-level income statements of peers.