Reynolds Consumer Products (REYN) financial statements
Reynolds Consumer Products reported revenue of $3.7B in fiscal 2025, up 3.2% a year over 7 years.
Net income was $301M.
Free cash flow was $316M, and the company returned $192M in dividends.
The diluted share count rose 35% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Reynolds Consumer Products's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0B | $2.9B | $3.1B | $3.4B | $3.8B | $3.8B | $3.7B | $3.7B |
| Cost of revenue | $2.3B | $2.2B | $2.3B | $2.7B | $3.0B | $2.8B | $2.7B | $2.8B |
| Gross profit | $832M | $880M | $973M | $811M | $776M | $942M | $978M | $914M |
| Research and development | $29M | $33M | $41M | $36M | $38M | $44M | $45M | $48M |
| Selling, general and admin | $288M | $305M | $358M | $320M | $340M | $430M | $429M | $382M |
| Interest expense | $280M | $209M | $70M | $48M | $76M | $119M | $98M | $86M |
| Pre-tax income | $233M | $301M | $516M | $430M | $338M | $393M | $451M | $393M |
| Income tax | $57M | $76M | $153M | $106M | $80M | $95M | $99M | $92M |
| Net income | $176M | $225M | $363M | $324M | $258M | $298M | $352M | $301M |
| EPS (diluted) | $1.13 | $1.45 | $1.77 | $1.54 | $1.23 | $1.42 | $1.67 | $1.43 |
| Diluted shares | 156M | 156M | 204M | 210M | 210M | 210M | 210M | 210M |
| Gross margin | 27.9% | 30.5% | 30.9% | 23.5% | 20.3% | 25.1% | 26.5% | 24.6% |
| Net margin | 5.9% | 7.8% | 11.5% | 9.4% | 6.8% | 7.9% | 9.5% | 8.1% |
Balance sheet
Fiscal years, from Reynolds Consumer Products's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | — | $102M | $312M | $164M | $38M | $115M | $137M | $147M |
| Receivables | — | $13M | $292M | $316M | $348M | $347M | $337M | $355M |
| Inventory | — | $418M | $419M | $583M | $722M | $524M | $567M | $584M |
| Total current assets | — | $570M | $1.1B | $1.1B | $1.2B | $1.0B | $1.1B | $1.1B |
| Property, plant and equipment | — | $537M | $612M | $677M | $722M | $732M | $758M | $823M |
| Goodwill | $1.9B | $1.9B | $1.9B | $1.9B | $1.9B | $1.9B | $1.9B | $1.9B |
| Total assets | $6.4B | $4.2B | $4.7B | $4.8B | $4.9B | $4.8B | $4.9B | $4.9B |
| Total current liabilities | — | $378M | $432M | $484M | $496M | $478M | $539M | $577M |
| Long-term debt | — | $2.0B | $2.2B | $2.1B | $2.1B | $1.8B | $1.7B | $1.6B |
| Total liabilities | — | $5.0B | $3.1B | $3.1B | $3.1B | $2.8B | $2.7B | $2.7B |
| Shareholders' equity | -$1.0B | -$818M | $1.6B | $1.8B | $1.9B | $2.0B | $2.1B | $2.3B |
| Net debt | — | $1.9B | $1.9B | $1.9B | $2.1B | $1.7B | $1.5B | $1.4B |
Cash flow
Fiscal years, from Reynolds Consumer Products's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $530M | $403M | $319M | $310M | $219M | $644M | $489M | $477M |
| Capital spending | $82M | $109M | $143M | $141M | $128M | $104M | $120M | $161M |
| Free cash flow | $448M | $294M | $176M | $169M | $91M | $540M | $369M | $316M |
| Stock-based compensation | — | — | $5M | $4M | $5M | $14M | $19M | $21M |
| Dividends paid | — | — | $124M | $192M | $192M | $192M | $192M | $192M |
| Net borrowing | -$21M | -$21M | $2.3B | -$125M | -$25M | -$262M | -$150M | $635M |
| Free cash flow margin | 15.0% | 10.2% | 5.6% | 4.9% | 2.4% | 14.4% | 10.0% | 8.5% |
| Dividends per share | — | — | $0.61 | $0.92 | $0.91 | $0.91 | $0.91 | $0.91 |
Questions
What was Reynolds Consumer Products's revenue in 2025?
$3.7B in fiscal 2025, from its 10-K filing.
How much free cash flow does Reynolds Consumer Products generate?
$316M in fiscal 2025 (operating cash flow minus capital spending).
From Reynolds Consumer Products's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.