Reynolds Consumer Products (REYN)
Market Price (9/19/2026): $22.19 | Market Cap: $4.7 BilSector: Consumer Staples | Industry: Household Products
Reynolds Consumer Products (REYN)
Market Price (9/19/2026): $22.19Market Cap: $4.7 BilSector: Consumer StaplesIndustry: Household Products
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 12%, Dividend Yield is 4.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.4%, FCF Yield is 6.9% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13% Low stock price volatilityVol 12M is 26% Megatrend and thematic driversMegatrends include Circular Economy & Recycling, and Sustainable Consumption. Themes include Sustainable Packaging Materials, and Eco-friendly Products. | Weak multi-year price returns2Y Excs Rtn is -61%, 3Y Excs Rtn is -75% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.7% Key risksREYN key risks include [1] volatile costs for its core raw materials like aluminum and plastic resins, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 12%, Dividend Yield is 4.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.4%, FCF Yield is 6.9% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13% |
| Low stock price volatilityVol 12M is 26% |
| Megatrend and thematic driversMegatrends include Circular Economy & Recycling, and Sustainable Consumption. Themes include Sustainable Packaging Materials, and Eco-friendly Products. |
| Weak multi-year price returns2Y Excs Rtn is -61%, 3Y Excs Rtn is -75% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.7% |
| Key risksREYN key risks include [1] volatile costs for its core raw materials like aluminum and plastic resins, Show more. |
Qualitative Assessment
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Reynolds Consumer Products (REYN) stock has gained about 5% since 5/31/2026 because of the following key factors:
1. Robust Fiscal Q2 2026 Earnings Outperformance.
Reynolds Consumer Products reported adjusted earnings per share of $0.42 for fiscal Q2 2026, which ended June 30, 2026, exceeding analyst consensus estimates of $0.39 by 7.69%. Concurrently, net revenue reached $944 million, surpassing forecasts by $8.28 million, driven by effective pricing and productivity initiatives.
2. Upgraded Full-Year Revenue Guidance.
The company elevated its full-year 2026 net revenue outlook to a growth range of 1% to 3%, a notable improvement from its prior guidance that had suggested a decline. This revised outlook was attributed to increased pricing, despite facing an increase in annualized commodity headwinds, which rose to approximately $400 million.
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Reynolds Consumer Products (REYN) stock has gained about 5% since 5/31/2026 because of the following key factors:
1. Robust Fiscal Q2 2026 Earnings Outperformance.
Reynolds Consumer Products reported adjusted earnings per share of $0.42 for fiscal Q2 2026, which ended June 30, 2026, exceeding analyst consensus estimates of $0.39 by 7.69%. Concurrently, net revenue reached $944 million, surpassing forecasts by $8.28 million, driven by effective pricing and productivity initiatives.
2. Upgraded Full-Year Revenue Guidance.
The company elevated its full-year 2026 net revenue outlook to a growth range of 1% to 3%, a notable improvement from its prior guidance that had suggested a decline. This revised outlook was attributed to increased pricing, despite facing an increase in annualized commodity headwinds, which rose to approximately $400 million.
3. Enhanced Financial Position and Operational Efficiencies.
Reynolds Consumer Products strengthened its financial position by generating $173 million in operating cash flow during the first six months of fiscal 2026 and executing a voluntary $50 million debt repayment. This led to a net debt to trailing twelve months adjusted EBITDA of 2.1x as of June 30, 2026, aligning with the lower end of the company's target leverage range. Additionally, gross margin improved by 120 basis points in the first half of fiscal 2026, reflecting successful manufacturing efficiency and supply chain productivity efforts.
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Stock Movement Drivers
Fundamental Drivers
The 3.0% change in REYN stock from 5/31/2026 to 9/18/2026 was primarily driven by a 4.7% change in the company's Net Income Margin (%).| (LTM values as of) | 5312026 | 9182026 | Change |
|---|---|---|---|
| Stock Price ($) | 21.48 | 22.12 | 3.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,780 | 3,786 | 0.2% |
| Net Income Margin (%) | 8.7% | 9.1% | 4.7% |
| P/E Multiple | 13.8 | 13.5 | -1.8% |
| Shares Outstanding (Mil) | 211 | 211 | 0.0% |
| Cumulative Contribution | 3.0% |
Market Drivers
5/31/2026 to 9/18/2026| Return | Correlation | |
|---|---|---|
| REYN | 3.0% | |
| Market (SPY) | 0.9% | -1.8% |
| Sector (XLP) | -0.1% | 49.0% |
Fundamental Drivers
The -9.1% change in REYN stock from 2/28/2026 to 9/18/2026 was primarily driven by a -20.6% change in the company's P/E Multiple.| (LTM values as of) | 2282026 | 9182026 | Change |
|---|---|---|---|
| Stock Price ($) | 24.33 | 22.12 | -9.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,721 | 3,786 | 1.7% |
| Net Income Margin (%) | 8.1% | 9.1% | 12.7% |
| P/E Multiple | 17.1 | 13.5 | -20.6% |
| Shares Outstanding (Mil) | 210 | 211 | -0.1% |
| Cumulative Contribution | -9.1% |
Market Drivers
2/28/2026 to 9/18/2026| Return | Correlation | |
|---|---|---|
| REYN | -9.1% | |
| Market (SPY) | 11.6% | 17.3% |
| Sector (XLP) | -7.5% | 52.3% |
Fundamental Drivers
The -0.9% change in REYN stock from 8/31/2025 to 9/18/2026 was primarily driven by a -10.3% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 9182026 | Change |
|---|---|---|---|
| Stock Price ($) | 22.33 | 22.12 | -0.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,686 | 3,786 | 2.7% |
| Net Income Margin (%) | 8.4% | 9.1% | 7.7% |
| P/E Multiple | 15.1 | 13.5 | -10.3% |
| Shares Outstanding (Mil) | 210 | 211 | -0.1% |
| Cumulative Contribution | -0.9% |
Market Drivers
8/31/2025 to 9/18/2026| Return | Correlation | |
|---|---|---|
| REYN | -0.9% | |
| Market (SPY) | 19.4% | 13.5% |
| Sector (XLP) | 4.6% | 38.7% |
Fundamental Drivers
The -9.6% change in REYN stock from 8/31/2023 to 9/18/2026 was primarily driven by a -37.6% change in the company's P/E Multiple.| (LTM values as of) | 8312023 | 9182026 | Change |
|---|---|---|---|
| Stock Price ($) | 24.48 | 22.12 | -9.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,869 | 3,786 | -2.1% |
| Net Income Margin (%) | 6.1% | 9.1% | 48.3% |
| P/E Multiple | 21.7 | 13.5 | -37.6% |
| Shares Outstanding (Mil) | 210 | 211 | -0.3% |
| Cumulative Contribution | -9.6% |
Market Drivers
8/31/2023 to 9/18/2026| Return | Correlation | |
|---|---|---|
| REYN | -9.6% | |
| Market (SPY) | 75.6% | 16.4% |
| Sector (XLP) | 22.6% | 43.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| REYN Return | 8% | -1% | -7% | 4% | -12% | 2% | -8% |
| Peers Return | 6% | 7% | -3% | 8% | -23% | -6% | -13% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| REYN Win Rate | 50% | 42% | 42% | 50% | 42% | 44% | |
| Peers Win Rate | 57% | 48% | 50% | 50% | 38% | 51% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| REYN Max Drawdown | -14% | -22% | -16% | -17% | -24% | -20% | |
| Peers Max Drawdown | -17% | -22% | -27% | -17% | -32% | -29% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: CLX, AMCR, GPK, SLGN, SON.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/18/2026 (YTD)
How Low Can It Go
| Event | REYN | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -10.0% | -18.8% |
| % Gain to Breakeven | 11.2% | 23.1% |
| Time to Breakeven | 70 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -20.2% | -24.5% |
| % Gain to Breakeven | 25.3% | 32.4% |
| Time to Breakeven | 133 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -18.7% | -33.7% |
| % Gain to Breakeven | 23.1% | 50.9% |
| Time to Breakeven | 21 days | 140 days |
In The Past
Reynolds Consumer Products's stock fell -10.0% during the 2025 US Tariff Shock. Such a loss loss requires a 11.2% gain to breakeven.
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| Event | REYN | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -20.2% | -24.5% |
| % Gain to Breakeven | 25.3% | 32.4% |
| Time to Breakeven | 133 days | 427 days |
In The Past
Reynolds Consumer Products's stock fell -10.0% during the 2025 US Tariff Shock. Such a loss loss requires a 11.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Reynolds Consumer Products (REYN)
Reynolds Consumer Products Inc. (REYN) is a leading manufacturer and marketer of essential household consumer products across various categories. The company primarily operates in three core areas: cooking and baking supplies, waste and food storage solutions, and disposable tableware. REYN offers a comprehensive portfolio that includes both well-known branded products, such as Reynolds Wrap and Hefty, as well as private-label or store brand items through its Presto Products segment.
The company's diverse product range under its prominent brands includes aluminum foil, parchment paper, plastic wrap, and baking accessories from its Reynolds Cooking & Baking segment. Its Hefty Waste & Storage segment provides trash bags, including the Hefty Ultra Strong and Hefty Strong lines, alongside food storage bags. Furthermore, the Hefty Tableware segment offers a variety of disposable plates, bowls, cups, and cutlery.
Reynolds Consumer Products serves a wide array of retail channels, distributing its products to grocery stores, mass merchants, warehouse clubs, discount chains, and e-commerce platforms. With a significant presence in the United States, the company also extends its reach to international markets, ensuring its everyday consumer goods are readily available to a broad customer base.
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Here are a few analogies for Reynolds Consumer Products:
- They're like a specialized **Clorox** or **SC Johnson**, but focused entirely on disposable kitchen, food storage, and waste products.
- Imagine them as the company behind all your household disposables, like if **Glad** (trash bags) and **Ziploc** (food storage bags) also made aluminum foil and paper plates.
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- Cooking & Baking Supplies: Includes aluminum foil, disposable aluminum pans, parchment paper, wax paper, freezer paper, butcher paper, baking cups, oven bags, and slow cooker liners for various culinary needs.
- Trash Bags: Offers a range of bags for waste disposal, including heavy-duty, recycling, and compostable options.
- Food Storage Bags: Provides bags for preserving food freshness and organization, available in branded and store-brand varieties.
- Disposable Tableware: Consists of plates, bowls, platters, cups, and cutlery for single-use dining.
- Plastic Wrap: Films for covering and sealing food and other items, available in branded and store-brand options.
- Reusable Storage Containers: Containers designed for repeated use in food storage, primarily sold as store brand products.
- Hefty EnergyBag Program: A unique initiative for collecting and converting hard-to-recycle plastics into energy.
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Reynolds Consumer Products (REYN) primarily sells its products to other companies, specifically various types of retailers. While the provided background information does not list the names of specific major customer companies, it describes the categories of retailers through which its products are distributed. These categories of customer companies include:
- Grocery stores
- Mass merchants
- Warehouse clubs
- Discount chains
- Dollar stores
- Drug stores
- Home improvement stores
- Military outlets
- eCommerce retailers
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Scott Huckins, President and Chief Executive Officer
Mr. Huckins has served as President and Chief Executive Officer of Reynolds Consumer Products since January 2025, and as a member of the company's board of directors since the same time. Prior to this role, he was the company's Chief Financial Officer from November 2023 to December 2024. Before joining Reynolds Consumer Products in October 2023, Mr. Huckins was the CFO of SunOpta, Inc. from 2019 to October 2023, where he was instrumental in revenue and earnings growth and led the 2020 sale of SunOpta's global ingredients segment. He also served as CFO of Claire's Stores Inc. from 2016 to 2019, which involved leading recapitalization and business consolidation initiatives followed by a change of ownership. His experience also includes roles at Sears Holdings, RCS Holdings, Inc., Pioneer Advisors, and Koch Industries Inc. and affiliated companies, where he was President & CEO of Koch Financial Products, LLC.
Nathan Lowe, Chief Financial Officer
Mr. Lowe has served as Chief Financial Officer of Reynolds Consumer Products since January 2025. From October 2023 to December 2024, he was the company's Senior Vice President of Financial Planning & Analysis, and prior to that, held various financial planning and analysis roles with increasing responsibility at the company since January 2019. Before joining Reynolds Consumer Products, Mr. Lowe served as Assistant Corporate Controller and Treasurer of GEC Packaging Technologies (part of Pactiv Evergreen Inc.) from 2016 to 2018, and Financial Controller of Americold Logistics LLC's international business from 2015 to 2016. He also spent nine years at KPMG in Australia and the USA, providing audit and advisory services to consumer and industrial businesses.
Carlen Hooker, Chief Commercial Officer
Ms. Hooker was appointed Chief Commercial Officer, effective June 16, 2025. She is a recognized CPG executive with experience from Church & Dwight, Ferrero U.S.A., Novartis, Pfizer, Sun Products, Tracfone Wireless, the Nielsen Company, and Kellogg.
Ryan Clark, President, Hefty Tableware
Mr. Clark was appointed President, Hefty Tableware, effective May 20, 2025. He brings over 25 years of CPG experience from companies such as Post Holdings, Conagra Brands, and Kraft Foods. His background includes roles in general management with P&L ownership, and he previously served as Chief Commercial Officer, Grocery, at Post Consumer Brands.
Jill Barnett, Chief Legal Officer and Corporate Secretary
Ms. Barnett has served as Chief Legal Officer and Corporate Secretary of Reynolds Consumer Products since April 2025. Prior to joining the company, she was Chief Administrative Officer, General Counsel and Corporate Secretary for SunOpta Inc. Before her time at SunOpta, Ms. Barnett spent 12 years as in-house counsel for Best Buy Co., Inc.
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The key risks to Reynolds Consumer Products (REYN) are:
- Raw Material Cost Fluctuations: Reynolds Consumer Products is highly exposed to volatile raw material costs, particularly for aluminum and plastic resins, which constitute a significant portion of its cost of sales. Fluctuations in these commodity prices, driven by global market factors and governmental actions like tariffs, have historically impacted the company's financial performance and profitability. For example, the price of aluminum significantly climbed in 2025, directly affecting the cost of goods sold for brands like Reynolds Wrap and Hefty. The company has sometimes faced a lag between commodity price increases and its ability to implement corresponding price adjustments for consumers.
- Intense Competition and Private Label Pressure: The U.S. household consumer products market is mature and highly competitive. Reynolds faces significant competition from large multinational companies (e.g., The Clorox Company, S.C. Johnson & Son, Inc.) and, increasingly, from sophisticated private-label (store brand) alternatives across its product categories. This intense competition can lead to pricing pressures, limit Reynolds' ability to increase prices, and potentially result in a loss of market share and pressure on profit margins.
- Evolving Consumer Preferences and Soft Demand: Reynolds Consumer Products faces the risk of shifting consumer preferences, particularly a growing emphasis on sustainable and eco-friendly products. The company has already experienced declining unit sales for two consecutive years and weaker demand across its core categories, suggesting consumers may be trading down to private-label options or using existing products for longer. The decline in sales of less sustainable products, such as its foam tableware business, is a notable example of this trend impacting specific segments. To maintain its market position, Reynolds must continually adapt its product portfolio through innovation and potentially invest in product upgrades to meet these changing consumer values.
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The accelerating global trend towards reducing single-use products and plastics, driven by increasing consumer demand for sustainable and reusable alternatives, as well as stricter environmental regulations, poses a clear emerging threat to Reynolds Consumer Products. This trend could significantly erode demand for a substantial portion of their disposable product portfolio, particularly within the Hefty Waste & Storage, Hefty Tableware, and Presto Products segments, which rely heavily on single-use plastic and aluminum items.
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Reynolds Consumer Products Inc. (REYN) operates in several key consumer product categories, serving a broad addressable market primarily within the United States, with some international presence. The addressable markets for its main products or services are substantial, reflecting widespread household and commercial usage.
Reynolds Cooking & Baking Segment
- Aluminum Foil: The United States aluminum foil market generated a revenue of approximately USD 2.81 billion in 2024 and is projected to reach about USD 4.79 billion by 2033, growing at a CAGR of 6.1% from 2025 to 2033. Globally, the aluminum foil market was valued at approximately USD 28.93 billion in 2024 and is projected to reach USD 45.67 billion by 2033, with a CAGR of 5.1% from 2025 to 2033.
- Parchment Paper: The U.S. food-grade parchment paper market size was approximately USD 400 million in 2024, with a CAGR of 5%. North America, a significant market for parchment paper, held a market share of 45.3% (valued at USD 0.4 billion) in 2024 and is projected to reach over 36% market share by the end of 2035. The global parchment paper market was valued at USD 1.2 billion in 2024 and is projected to reach USD 2.1 billion by 2033, growing at a CAGR of 6.5% from 2025 to 2033.
- Plastic Wrap: While a specific market size for "plastic wrap" was not isolated, it falls under broader food storage categories.
- Oven Bags & Slow Cooker Liners: The global oven bags and pouches market size was valued at approximately USD 2.19 billion in 2024 and is projected to reach nearly USD 2.84 billion by 2030, expanding at a CAGR of 4.4% from 2025 to 2030. North America holds a substantial share of this market. The oven bags and pouches market is also projected to grow from USD 2.31 billion in 2025 to USD 3.58 billion by 2035, exhibiting a CAGR of 4.47%.
Hefty Waste & Storage Segment
- Trash Bags: The United States trash bags market size is estimated at USD 3.09 billion in 2026 and is projected to reach USD 3.69 billion by 2031, with a CAGR of 3.64% over 2026-2031. Another estimate places the U.S. trash bags market size at USD 2.21 billion in 2024, anticipated to reach USD 3.45 billion by 2035, growing at a CAGR of 4.13% from 2025 to 2035. Globally, the trash bags market size was valued at USD 12.64 billion in 2024 and is projected to reach USD 18.05 billion by 2030, growing at a CAGR of 6.3% from 2025 to 2030.
- Food Storage Bags (including the Hefty and Baggies brands): The global food storage bags market size was valued at USD 5.02 billion in 2024 and is anticipated to reach USD 9.49 billion by 2035, with sales projected to rise at a CAGR of 6.4% from 2025 to 2035.
Hefty Tableware Segment
- Disposable Plates: The U.S. disposable plates market size was valued at USD 1.66 billion in 2025 and is projected to reach USD 2.28 billion by 2033, growing at a CAGR of 4.06% during 2026-2033. The global disposable plates market size was estimated at USD 5.6 billion in 2024 and is expected to grow to USD 10.7 billion by 2034, at a CAGR of 6.8% from 2025 to 2034.
- Disposable Bowls, Platters, Cups, and Cutlery: The U.S. disposable cups market generated a revenue of USD 5.95 billion in 2024 and is expected to reach USD 7.32 billion by 2030, growing at a CAGR of 3.1% from 2025 to 2030. The global disposable cups market size was estimated at USD 17.40 billion in 2024 and is projected to reach USD 22.14 billion by 2030, growing at a CAGR of 3.7% from 2025 to 2030. The disposable cutlery market in the U.S. is projected to grow at a CAGR of 2.4% from 2026 to 2036, with the global market expected to reach USD 2.48 billion by 2036. Another source states the global disposable cutlery market size was valued at USD 7.2 billion in 2024 and is poised to grow to USD 14.27 billion by 2033, at a CAGR of 7.9% from 2026-2033. The overall U.S. disposable tableware market was valued at USD 5.62 billion in 2025 and is expected to reach USD 8.81 billion by 2035, growing at a CAGR of 4.60% during 2026-2035.
Presto Products Segment
This segment primarily sells store brand products in food storage bags, trash bags, reusable storage containers, and plastic wrap categories, which fall under the market sizes mentioned above. For reusable food storage bags, the global silicone food storage bag market size is estimated at USD 1,338 million in 2024 and is predicted to reach around USD 2,221 million by 2034, expanding at a CAGR of 5.2% from 2024 to 2034. North America leads the silicone food storage bag market with a 45% share.
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Reynolds Consumer Products (REYN) is expected to drive future revenue growth over the next 2-3 years through several key strategies:
- Product Innovation and Sustainable Solutions: The company is committed to developing new products that cater to evolving consumer preferences, with a particular focus on sustainable alternatives. Examples include 100% recycled aluminum foil and unbleached parchment paper, aimed at meeting the growing demand for environmentally friendly options. This commitment to innovation is a central part of their growth strategy for 2026 and beyond, with a strong pipeline of new products.
- Market Share Gains and Distribution Expansion: Reynolds Consumer Products aims to accelerate growth through distribution wins and by closing "share gaps" between its category share and its retail partners' end market shares. The company has a track record of gaining market share, even when overall category volumes have declined, indicating effective strategies to expand its presence in the market.
- Strategic Revenue Growth Management: The company is focused on "revenue growth management" by channeling trade investments into programs that yield higher returns for both Reynolds and its retail partners. While recent periods have seen varying pricing strategies, the overarching approach is to strategically manage pricing and trade spending to optimize top-line growth.
- Operational Efficiencies and Cost Savings (Reyvolution Program): Through initiatives like the Reyvolution program, Reynolds is working to improve manufacturing output, reduce operational costs, and enhance overall efficiency across its businesses. While primarily impacting profitability, these cost savings allow the company to invest further in innovation, marketing, and competitive pricing, indirectly supporting revenue growth. The company is also realigning its category organization within the Hefty Waste & Storage and Presto segments to increase efficiencies and unlock growth opportunities.
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Capital Expenditures
- Capital expenditures were $161 million for the year ended December 31, 2025.
- Capital expenditures were $120 million for the year ended December 31, 2024, reflecting an increase from $104 million in the prior year, 2023.
- These investments are primarily focused on automation and other cost savings programs to drive margin expansion and support additional growth, alongside enhancing the innovation pipeline with sustainable products and new offerings such as parchment and scented waste bags. The company anticipates capital expenditures growth to average 1.5% over the next five fiscal years.
Peer Outperformance in Household Products
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Consumer Staples Merchandise Retail | 12 | 3.9% | 37.8% | 52.3% | NGVC 261% · VLGEA 150% · WMT 136% |
| Food Retail | 6 | -7.0% | 39.2% | 45.2% | CASY 220% · SFM 211% · KR 63% |
| Tobacco | 6 | -38.6% | 10.8% | 42.7% | PM 134% · MO 110% · TPB 60% |
| Food Distributors | 9 | -0.8% | 33.8% | 18.6% | CHEF 264% · USFD 180% · ANDE 159% |
| Soft Drinks & Non-alcoholic Beverages | 12 | -5.1% | -18.9% | 0.0% | COKE 414% · BRFH 176% · CCHGY 110% |
| Brewers | 3 | -16.4% | -34.5% | -3.3% | BUD 44% · TAP -3% · SAM -67% |
| Agricultural Products & Services | 11 | -5.7% | 6.4% | -13.4% | BG 64% · ADM 57% · INGR 28% |
| Household Products ← | 19 | 0.0% | -11.0% | -17.8% | IPAR 83% · ACU 79% · CL 29% |
| Personal Care Products | 4 | -4.2% | -14.3% | -26.6% | ELF 222% · PG 15% · EL -68% |
| Packaged Foods & Meats | 47 | -27.8% | -36.7% | -41.2% | MAMA 448% · LWAY 305% · SENEA 286% |
| Distillers & Vintners | 5 | -47.0% | -59.2% | -76.3% | STZ -39% · BF-B -58% · MGPI -76% |
| Drug Retail | 3 | -42.5% | -86.2% | -93.2% | HITI -62% · PETS -93% · SCNX -99% |
Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 39.55 |
| Mkt Cap | 4.8 |
| Rev LTM | 7,091 |
| Op Inc LTM | 680 |
| FCF LTM | 349 |
| FCF 3Y Avg | 345 |
| CFO LTM | 639 |
| CFO 3Y Avg | 713 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.6% |
| Rev Chg 3Y Avg | 0.8% |
| Rev Chg Q | -0.0% |
| QoQ Delta Rev Chg LTM | -0.0% |
| Op Inc Chg LTM | 7.0% |
| Op Inc Chg 3Y Avg | 9.3% |
| Op Mgn LTM | 9.6% |
| Op Mgn 3Y Avg | 10.2% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 9.2% |
| CFO/Rev 3Y Avg | 10.3% |
| FCF/Rev LTM | 5.2% |
| FCF/Rev 3Y Avg | 5.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 4.8 |
| P/S | 0.7 |
| P/Op Inc | 7.4 |
| P/EBIT | 7.6 |
| P/E | 14.4 |
| P/CFO | 8.3 |
| Total Yield | 11.8% |
| Dividend Yield | 4.5% |
| FCF Yield 3Y Avg | 5.8% |
| D/E | 0.9 |
| Net D/E | 0.8 |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Reynolds Cooking & Kitchen Essentials | 1,259 | 1,206 | 1,237 | 1,287 | 1,314 |
| Hefty Waste & Storage | 1,011 | 981 | 960 | 946 | 884 |
| Hefty Home & Tableware | 850 | 936 | 984 | 1,000 | 815 |
| Presto Products | 628 | 597 | 594 | 604 | 564 |
| Unallocated | -27 | -25 | -19 | -20 | -21 |
| Total | 3,721 | 3,695 | 3,756 | 3,817 | 3,556 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Hefty Waste & Storage | 259 | 256 | 246 | 188 | 155 |
| Reynolds Cooking & Kitchen Essentials | 180 | 183 | 146 | 118 | 234 |
| Hefty Home & Tableware | 155 | 128 | 161 | 117 | 121 |
| Presto Products | 150 | 109 | 91 | 74 | 48 |
| Debt refinancing expense | -13 | ||||
| Costs to execute strategic initiatives | -25 | ||||
| Unallocated | -34 | -34 | -37 | -35 | |
| Interest expense, net | -86 | ||||
| Corporate / unallocated expenses | -94 | -93 | -95 | -33 | -33 |
| IPO and separation-related costs | -12 | -14 | |||
| Other | -3 | 0 | |||
| Depreciation and amortization | -33 | ||||
| Total | 492 | 549 | 512 | 414 | 478 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Unallocated | 3,513 | 3,517 | 3,502 | 3,469 | 3,548 |
| Reynolds Cooking & Kitchen Essentials | 612 | 563 | 556 | 646 | 562 |
| Hefty Waste & Storage | 318 | 282 | 267 | 314 | 290 |
| Presto Products | 251 | 252 | 239 | 274 | 247 |
| Hefty Home & Tableware | 242 | 259 | 216 | 226 | 165 |
| Total | 4,936 | 4,873 | 4,780 | 4,929 | 4,812 |
Price Behavior
| Market Price | $22.12 | |
| Market Cap ($ Bil) | 4.7 | |
| First Trading Date | 01/31/2020 | |
| Distance from 52W High | -17.9% | |
| 50 Days | 200 Days | |
| DMA Price | $24.62 | $23.01 |
| DMA Trend | indeterminate | indeterminate |
| Distance from DMA | -10.2% | -3.9% |
| 3M | 1YR | |
| Volatility | 26.8% | 26.1% |
| Downside Capture | 50.37 | 32.44 |
| Upside Capture | 9.26 | 26.02 |
| Correlation (SPY) | 13.2% | 13.7% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.56 | 0.68 | -0.05 | 0.32 | 0.28 | 0.24 |
| Up Beta | 2.11 | 0.49 | 0.18 | 0.70 | 0.48 | 0.41 |
| Down Beta | 1.00 | 0.63 | -0.65 | -0.21 | 0.14 | 0.13 |
| Up Capture | 56% | 9% | 26% | 21% | 19% | 4% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 8 | 16 | 30 | 56 | 126 | 382 |
| Down Capture | 265% | 157% | -9% | 51% | 35% | 44% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 12 | 24 | 32 | 69 | 121 | 355 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with REYN | |
|---|---|---|---|---|
| REYN | 0.2% | 26.0% | -0.03 | - |
| Sector ETF (XLP) | 5.3% | 14.5% | 0.13 | 37.9% |
| Equity (SPY) | 16.9% | 12.9% | 0.94 | 13.8% |
| Gold (GLD) | 19.1% | 29.3% | 0.60 | -0.5% |
| Commodities (DBC) | 46.9% | 20.6% | 1.76 | -30.0% |
| Real Estate (VNQ) | 4.9% | 13.6% | 0.10 | 36.4% |
| Bitcoin (BTCUSD) | -34.5% | 43.9% | -0.84 | -1.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with REYN | |
|---|---|---|---|---|
| REYN | -1.2% | 22.4% | -0.11 | - |
| Sector ETF (XLP) | 5.5% | 13.7% | 0.18 | 48.4% |
| Equity (SPY) | 12.9% | 17.2% | 0.57 | 23.1% |
| Gold (GLD) | 19.1% | 18.8% | 0.83 | 1.1% |
| Commodities (DBC) | 11.3% | 19.5% | 0.45 | -9.5% |
| Real Estate (VNQ) | 1.1% | 18.8% | -0.05 | 33.3% |
| Bitcoin (BTCUSD) | 11.2% | 52.5% | 0.39 | 5.8% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with REYN | |
|---|---|---|---|---|
| REYN | -0.4% | 24.5% | -0.03 | - |
| Sector ETF (XLP) | 7.1% | 14.9% | 0.34 | 41.0% |
| Equity (SPY) | 15.1% | 18.0% | 0.72 | 24.2% |
| Gold (GLD) | 12.1% | 16.4% | 0.61 | 2.8% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | -3.4% |
| Real Estate (VNQ) | 4.4% | 20.7% | 0.18 | 28.7% |
| Bitcoin (BTCUSD) | 61.7% | 66.1% | 1.02 | 11.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 8/31/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/29/2026 | -0.4% | 1.9% | -3.8% |
| 5/6/2026 | 2.9% | 1.4% | 2.9% |
| 2/4/2026 | 9.6% | 5.9% | 6.4% |
| 10/29/2025 | 5.3% | 3.8% | 5.8% |
| 7/30/2025 | 5.1% | 2.8% | 7.5% |
| 4/30/2025 | -3.0% | -3.2% | -5.0% |
| 2/5/2025 | -4.2% | -11.3% | -13.4% |
| 10/30/2024 | -6.2% | -8.1% | -5.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 15 | 13 |
| # Negative | 12 | 10 | 12 |
| Median Positive | 3.9% | 2.8% | 3.9% |
| Median Negative | -4.1% | -3.3% | -4.7% |
| Max Positive | 9.6% | 5.9% | 14.6% |
| Max Negative | -8.7% | -11.3% | -13.4% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/29/2026 | -0.4% | 1.9% | -3.8% |
| 5/6/2026 | 2.9% | 1.4% | 2.9% |
| 2/4/2026 | 9.6% | 5.9% | 6.4% |
| 10/29/2025 | 5.3% | 3.8% | 5.8% |
| 7/30/2025 | 5.1% | 2.8% | 7.5% |
| 4/30/2025 | -3.0% | -3.2% | -5.0% |
| 2/5/2025 | -4.2% | -11.3% | -13.4% |
| 10/30/2024 | -6.2% | -8.1% | -5.6% |
| 8/7/2024 | 7.0% | 4.7% | 14.6% |
| 5/8/2024 | 1.2% | 2.6% | -0.5% |
| 2/7/2024 | 2.0% | 2.2% | 4.1% |
| 11/8/2023 | 4.1% | 5.2% | 3.9% |
| 8/9/2023 | 3.9% | 1.5% | -5.0% |
| 5/10/2023 | 5.3% | 2.7% | 3.7% |
| 2/8/2023 | -4.9% | -2.3% | -7.2% |
| 11/8/2022 | -7.3% | -0.9% | 1.7% |
| 8/9/2022 | -3.6% | -2.9% | -4.4% |
| 5/10/2022 | 1.1% | -1.4% | -7.6% |
| 2/9/2022 | 1.5% | 4.3% | 1.7% |
| 11/4/2021 | -0.4% | 3.2% | 5.4% |
| 8/2/2021 | -0.6% | 0.9% | 1.8% |
| 5/5/2021 | 0.7% | 2.8% | 0.1% |
| 2/9/2021 | -4.1% | -4.2% | -2.3% |
| 11/12/2020 | -4.1% | -3.4% | -0.6% |
| 8/5/2020 | -8.7% | -7.0% | -3.2% |
| SUMMARY STATS | |||
| # Positive | 13 | 15 | 13 |
| # Negative | 12 | 10 | 12 |
| Median Positive | 3.9% | 2.8% | 3.9% |
| Median Negative | -4.1% | -3.3% | -4.7% |
| Max Positive | 9.6% | 5.9% | 14.6% |
| Max Negative | -8.7% | -11.3% | -13.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/29/2026 | 10-Q |
| 03/31/2026 | 05/06/2026 | 10-Q |
| 12/31/2025 | 02/04/2026 | 10-K |
| 09/30/2025 | 10/29/2025 | 10-Q |
| 06/30/2025 | 07/30/2025 | 10-Q |
| 03/31/2025 | 04/30/2025 | 10-Q |
| 12/31/2024 | 02/05/2025 | 10-K |
| 09/30/2024 | 10/30/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 02/07/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 02/08/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/29/2026 | 10-Q |
| 03/31/2026 | 05/06/2026 | 10-Q |
| 12/31/2025 | 02/04/2026 | 10-K |
| 09/30/2025 | 10/29/2025 | 10-Q |
| 06/30/2025 | 07/30/2025 | 10-Q |
| 03/31/2025 | 04/30/2025 | 10-Q |
| 12/31/2024 | 02/05/2025 | 10-K |
| 09/30/2024 | 10/30/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 02/07/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 02/08/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| 03/31/2022 | 05/10/2022 | 10-Q |
| 12/31/2021 | 02/09/2022 | 10-K |
| 09/30/2021 | 11/04/2021 | 10-Q |
| 06/30/2021 | 08/03/2021 | 10-Q |
| 03/31/2021 | 05/05/2021 | 10-Q |
| 12/31/2020 | 02/12/2021 | 10-K |
| 09/30/2020 | 11/12/2020 | 10-Q |
| 06/30/2020 | 08/05/2020 | 10-Q |
| 03/31/2020 | 05/07/2020 | 10-Q |
| 12/31/2019 | 03/10/2020 | 10-K |
| 09/30/2019 | 01/31/2020 | 424B4 |
Recent Forward Guidance
Updated 7/30/2026Latest: Q2 2026 Earnings Reported 7/29/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Revenue Growth | Reported | 1.0% | 2.0% | 3.0% | 3.0% | Raised | Guidance: -1.0% for 2026 | |
| 2026 Adjusted EBITDA | Reported | 660.00 Mil | 667.50 Mil | 675.00 Mil | 0 | Affirmed | Guidance: 667.50 Mil for 2026 | |
| 2026 Net Income | Reported | 331.00 Mil | 337.00 Mil | 343.00 Mil | 0 | Affirmed | Guidance: 337.00 Mil for 2026 | |
| 2026 EPS | Reported | 1.57 | 1.6 | 1.63 | 0 | Affirmed | Guidance: 1.6 for 2026 | |
| Q3 2026 Adjusted EBITDA | Reported | 160.00 Mil | 162.50 Mil | 165.00 Mil | ||||
| Q3 2026 Net Income | Reported | 79.00 Mil | 81.00 Mil | 83.00 Mil | ||||
| Q3 2026 EPS | Reported | 0.37 | 0.38 | 0.39 | ||||
Insider Activity
Updated 6/3/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Stangl, Rolf | Direct | Buy | 3192026 | 21.06 | 4,705 | 99,084 | 832,621 | Form | |
| 2 | Hawkesby, Duncan | Indirect | Buy | 8272025 | 22.99 | 159,506 | 3,667,497 | 7,681,729 | Form | |
| 3 | Hawkesby, Duncan | Indirect | Buy | 8222025 | 23.04 | 67,269 | 1,549,878 | 4,022,463 | Form | |
| 4 | Hawkesby, Duncan | Indirect | Buy | 8222025 | 23.16 | 4,317 | 99,995 | 2,485,753 | Form | |
| 5 | Stangl, Rolf | Direct | Buy | 6202025 | 21.24 | 4,500 | 95,580 | 656,082 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Stangl, Rolf | Direct | Buy | 3192026 | 21.06 | 4,705 | 99,084 | 832,621 | Form | |
| 2 | Hawkesby, Duncan | Indirect | Buy | 8272025 | 22.99 | 159,506 | 3,667,497 | 7,681,729 | Form | |
| 3 | Hawkesby, Duncan | Indirect | Buy | 8222025 | 23.04 | 67,269 | 1,549,878 | 4,022,463 | Form | |
| 4 | Hawkesby, Duncan | Indirect | Buy | 8222025 | 23.16 | 4,317 | 99,995 | 2,485,753 | Form | |
| 5 | Stangl, Rolf | Direct | Buy | 6202025 | 21.24 | 4,500 | 95,580 | 656,082 | Form | |
| 6 | Stangl, Rolf | Direct | Buy | 6092025 | 21.70 | 4,500 | 97,650 | 572,641 | Form |
Investor Activity (13F)
Updated Sep 19, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
Industry Resources
| Consumer Staples Resources |
| FoodNavigator |
| Consumer Goods Technology (CGT) |
| Beverage Digest |
| Household Products Resources |
| Happi (Household and Personal Products Industry) |
| Nonwovens Industry |
| Consumer Reports - Household Products |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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