Filing Flows › Reynolds Consumer Products (REYN) › Q1 2025
Reynolds Consumer Products (REYN) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Reynolds Consumer Products (REYN) reported revenue of $818M for the first quarter 2025 (Q1 2025), -2% from a year earlier and -20% from the quarter before. Operating margin was 5.1%, net earnings $31.0M (3.8% of revenue).
Reynolds Consumer Products, Q1 2025: revenue $818M (-2% year over year), operating margin 5.1%, net earnings $31.0M, operating cash flow $56.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $818M | -20% | -2% |
| Gross profit | $189M | -32% | -6% |
| Operating profit | $42.0M | -73% | -35% |
| Net earnings | $31.0M | -74% | -37% |
| Operating cash flow | $56.0M | -69% | -43% |
| Free cash flow | $17.0M | -88% | -76% |
What changed
Revenue was $818.0M in Q1 2025, down 2% year over year and down 20% from the previous quarter. Waste and Storage Products was the largest line at 47% of revenue. Tableware lost $29.0M year over year (down 14%), 193% of the total change.
Gross margin was 23.1%, down 1.0 points from a year earlier. Operating profit was $42.0M, a 5.1% margin (down 2.7 points year over year). Operating expenses grew 8% against a revenue fall of 2%. The fastest-growing cost line was Other operating costs (+72%). Net earnings were $31.0M, down 37% year over year. The effective tax rate was 26.2%.
Operating cash flow was $56.0M (down 43% year over year), 181% of net earnings. Non-cash charges added back $32.0M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items used $13.0M. Capital expenditures of $39.0M left free cash flow of $17.0M.
Questions
What was Reynolds Consumer Products' revenue in the first quarter 2025?
Reynolds Consumer Products (REYN) reported revenue of $818M for the first quarter 2025 (Q1 2025), -2% from a year earlier and -20% from the quarter before.
Was Reynolds Consumer Products profitable in the first quarter 2025?
Operating profit was $42.0M (5.1% of revenue) and net earnings $31.0M.