Berry Historical Income Statement

BERY Stock

USD 57.79 1.15 2.03%

Historical analysis of Berry Global income statement accounts such as Interest Expense of 324.9 M, Selling General Administrative of 579.9 M or Total Revenue of 8.7 B can show how well Berry Global Group performed in making a profits. Evaluating Berry Global income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Berry Global's future profits or losses.

Cash Flow Balance Sheet Income Statement

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Berry Global Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Berry Global Group is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berry Global Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Berry Income Statement Analysis

Berry Global Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Berry Global shareholders. The income statement also shows Berry investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Berry Global Income Statement Chart

Berry Global Group Income Statement is one of the three primary financial statements used for reporting Berry's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Berry Global Group revenue and expense. Berry Global Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Berry Global's Income Before Tax is fairly stable compared to the past year. Net Income is likely to rise to about 735.4 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 509.9 M in 2024.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts Berry Global Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Berry Global Group minus its cost of goods sold. It is profit before Berry Global operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Berry Global Group. It is also known as Berry Global overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Berry Global's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Berry Global Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berry Global Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

	2021	2022	2023	2024 (projected)
Interest Expense	286M	306M	351.9M	324.9M
Depreciation And Amortization	820M	818M	940.7M	509.9M

Interest Expense Depreciation And Amortization

Berry Global income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.52	0.91	0.89	0.91	0.88	0.91	0.92	0.92	0.98	0.88	0.91	0.83	-0.61	0.82	0.76	0.88	0.16	0.41	0.05	0.78	0.79	-0.31	0.84	-0.18
Interest Expense	0.52		0.59	0.54	0.6	0.54	0.53	0.53	0.55	0.54	0.52	0.64	0.48	-0.58	0.46	0.5	0.47	0.7	0.27	-0.4	0.59	0.51	-0.68	0.64	-0.23
Selling General Administrative	0.91	0.59		0.98	0.99	0.98	0.96	0.98	0.99	0.97	0.97	1.0	0.9	-0.67	0.88	0.86	0.94	0.3	0.43	-0.05	0.87	0.84	-0.36	0.93	-0.22
Total Revenue	0.89	0.54	0.98		0.98	1.0	0.97	0.98	0.98	0.96	1.0	0.98	0.92	-0.71	0.91	0.84	0.97	0.28	0.37	-0.08	0.86	0.81	-0.3	0.93	-0.2
Gross Profit	0.91	0.6	0.99	0.98		0.98	0.99	0.99	0.99	0.97	0.98	0.99	0.92	-0.73	0.91	0.87	0.96	0.35	0.42	-0.06	0.87	0.85	-0.39	0.92	-0.19
Other Operating Expenses	0.88	0.54	0.98	1.0	0.98		0.97	0.97	0.98	0.95	1.0	0.98	0.91	-0.7	0.91	0.84	0.97	0.27	0.37	-0.09	0.86	0.8	-0.29	0.93	-0.2
Operating Income	0.91	0.53	0.96	0.97	0.99	0.97		1.0	0.98	0.98	0.96	0.96	0.94	-0.74	0.93	0.87	0.97	0.3	0.41	-0.03	0.84	0.84	-0.35	0.89	-0.16
Ebit	0.92	0.53	0.98	0.98	0.99	0.97	1.0		0.99	0.98	0.97	0.97	0.93	-0.71	0.92	0.86	0.97	0.28	0.42	-0.04	0.85	0.85	-0.33	0.9	-0.18
Research Development	0.92	0.55	0.99	0.98	0.99	0.98	0.98	0.99		0.97	0.98	0.99	0.91	-0.7	0.89	0.87	0.95	0.28	0.4	-0.04	0.87	0.82	-0.36	0.93	-0.2
Ebitda	0.98	0.54	0.97	0.96	0.97	0.95	0.98	0.98	0.97		0.95	0.97	0.9	-0.68	0.89	0.84	0.95	0.23	0.42	0.0	0.83	0.84	-0.33	0.89	-0.19
Cost Of Revenue	0.88	0.52	0.97	1.0	0.98	1.0	0.96	0.97	0.98	0.95		0.97	0.91	-0.7	0.91	0.84	0.97	0.26	0.36	-0.09	0.86	0.79	-0.28	0.93	-0.2
Total Operating Expenses	0.91	0.64	1.0	0.98	0.99	0.98	0.96	0.97	0.99	0.97	0.97		0.89	-0.71	0.88	0.86	0.94	0.34	0.41	-0.09	0.88	0.83	-0.4	0.94	-0.22
Income Before Tax	0.83	0.48	0.9	0.92	0.92	0.91	0.94	0.93	0.91	0.9	0.91	0.89		-0.65	0.99	0.91	0.94	0.29	0.47	0.0	0.81	0.84	-0.24	0.88	-0.43
Total Other Income Expense Net	-0.61	-0.58	-0.67	-0.71	-0.73	-0.7	-0.74	-0.71	-0.7	-0.68	-0.7	-0.71	-0.65		-0.63	-0.68	-0.68	-0.61	-0.01	-0.06	-0.72	-0.41	0.78	-0.7	-0.05
Net Income	0.82	0.46	0.88	0.91	0.91	0.91	0.93	0.92	0.89	0.89	0.91	0.88	0.99	-0.63		0.87	0.95	0.29	0.47	-0.02	0.76	0.85	-0.2	0.86	-0.43
Income Tax Expense	0.76	0.5	0.86	0.84	0.87	0.84	0.87	0.86	0.87	0.84	0.84	0.86	0.91	-0.68	0.87		0.81	0.27	0.4	0.06	0.94	0.73	-0.37	0.85	-0.39
Net Income From Continuing Ops	0.88	0.47	0.94	0.97	0.96	0.97	0.97	0.97	0.95	0.95	0.97	0.94	0.94	-0.68	0.95	0.81		0.3	0.46	-0.06	0.78	0.87	-0.24	0.85	-0.19
Non Recurring	0.16	0.7	0.3	0.28	0.35	0.27	0.3	0.28	0.28	0.23	0.26	0.34	0.29	-0.61	0.29	0.27	0.3		0.2	-0.2	0.28	0.36	-0.76	0.28	0.04
Non Operating Income Net Other	0.41	0.27	0.43	0.37	0.42	0.37	0.41	0.42	0.4	0.42	0.36	0.41	0.47	-0.01	0.47	0.4	0.46	0.2		-0.42	0.33	0.72	0.03	0.23	-0.15
Minority Interest	0.05	-0.4	-0.05	-0.08	-0.06	-0.09	-0.03	-0.04	-0.04	0.0	-0.09	-0.09	0.0	-0.06	-0.02	0.06	-0.06	-0.2	-0.42		-0.07	-0.12	0.02	-0.07	-0.03
Tax Provision	0.78	0.59	0.87	0.86	0.87	0.86	0.84	0.85	0.87	0.83	0.86	0.88	0.81	-0.72	0.76	0.94	0.78	0.28	0.33	-0.07		0.66	-0.44	0.87	-0.24
Interest Income	0.79	0.51	0.84	0.81	0.85	0.8	0.84	0.85	0.82	0.84	0.79	0.83	0.84	-0.41	0.85	0.73	0.87	0.36	0.72	-0.12	0.66		-0.14	0.67	-0.25
Net Interest Income	-0.31	-0.68	-0.36	-0.3	-0.39	-0.29	-0.35	-0.33	-0.36	-0.33	-0.28	-0.4	-0.24	0.78	-0.2	-0.37	-0.24	-0.76	0.03	0.02	-0.44	-0.14		-0.4	-0.16
Reconciled Depreciation	0.84	0.64	0.93	0.93	0.92	0.93	0.89	0.9	0.93	0.89	0.93	0.94	0.88	-0.7	0.86	0.85	0.85	0.28	0.23	-0.07	0.87	0.67	-0.4		-0.43
Extraordinary Items	-0.18	-0.23	-0.22	-0.2	-0.19	-0.2	-0.16	-0.18	-0.2	-0.19	-0.2	-0.22	-0.43	-0.05	-0.43	-0.39	-0.19	0.04	-0.15	-0.03	-0.24	-0.25	-0.16	-0.43

Click cells to compare fundamentals

Berry Global Account Relationship Matchups

Berry Global income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	893M	854M	820M	818M	940.7M	509.9M
Interest Expense	435M	336M	286M	306M	351.9M	324.9M
Selling General Administrative	583M	850M	867M	886M	1.0B	579.9M
Total Revenue	11.7B	13.9B	14.5B	12.7B	14.6B	8.7B
Gross Profit	2.4B	2.5B	2.4B	2.3B	2.7B	1.6B
Other Operating Expenses	10.5B	12.5B	13.2B	11.5B	13.2B	7.9B
Operating Income	1.2B	1.3B	1.2B	1.1B	1.2B	736.6M
Ebit	1.2B	1.3B	1.2B	1.2B	1.3B	761.4M
Research Development	79M	90M	81M	82M	94.3M	53.4M
Ebitda	2.1B	2.1B	2.1B	2.0B	2.3B	1.3B
Cost Of Revenue	9.3B	11.4B	12.1B	10.4B	11.9B	7.2B
Total Operating Expenses	1.2B	1.2B	1.1B	1.1B	1.3B	774.9M
Income Before Tax	713M	905M	934M	742M	853.3M	896.0M
Total Other Income Expense Net	(466M)	(387M)	(308M)	(133M)	(119.7M)	(125.7M)
Net Income	559M	733M	766M	609M	700.4M	735.4M
Income Tax Expense	154M	172M	168M	133M	153.0M	160.6M
Net Income From Continuing Ops	559M	733M	766M	609M	700.4M	398.8M
Net Income Applicable To Common Shares	559M	733M	766M	609M	700.4M	398.8M
Tax Provision	154M	172M	168M	133M	153.0M	111.3M
Net Interest Income	(435M)	(336M)	(286M)	(306M)	(275.4M)	(289.2M)
Reconciled Depreciation	845M	854M	819M	818M	940.7M	787.0M

Berry Global Investors Sentiment

The influence of Berry Global's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Berry. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Berry Global's public news can be used to forecast risks associated with an investment in Berry. The trend in average sentiment can be used to explain how an investor holding Berry can time the market purely based on public headlines and social activities around Berry Global Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Berry Global's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Berry Global's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Berry Global's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Berry Global.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Berry Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Berry Global's short interest history, or implied volatility extrapolated from Berry Global options trading.

Pair Trading with Berry Global

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Berry Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Berry Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with Berry Stock

0.75

CCK

Crown Holdings Earnings Call Today

Pair Corr

Moving against Berry Stock

0.52	BALL	Ball	Pair Corr
0.5	ELMSQ	Electric Last Mile	Pair Corr
0.49	WRK	WestRock Earnings Call Today	Pair Corr
0.43	AVY	Avery Dennison Corp	Pair Corr
0.42	KRT	Karat Packaging Financial Report 8th of May 2024	Pair Corr

The ability to find closely correlated positions to Berry Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Berry Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Berry Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Berry Global Group to buy it.

The correlation of Berry Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Berry Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Berry Global Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Berry Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Berry Global Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Berry Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Berry Global Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Berry Global Group Stock:

How To Invest In Berry

Details

Is Berry Stock a good investment?

Details

What is Berry Global's Net Worth?

Details

Largest Packaging & Containers Companies

View

Largest Consumer Cyclical Companies

View

You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Berry Stock analysis

When running Berry Global's price analysis, check to measure Berry Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Berry Global is operating at the current time. Most of Berry Global's value examination focuses on studying past and present price action to predict the probability of Berry Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berry Global's price. Additionally, you may evaluate how the addition of Berry Global to your portfolios can decrease your overall portfolio volatility.

	USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings
	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	Commodity Directory Find actively traded commodities issued by global exchanges
	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	CEOs Directory Screen CEOs from public companies around the world
	Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios
	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	Bonds Directory Find actively traded corporate debentures issued by US companies
	Share Portfolio Track or share privately all of your investments from the convenience of any device
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk

Is Berry Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Berry Global. If investors know Berry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Berry Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.41)

Dividend Share

1.025

Earnings Share

4.6

Revenue Per Share

105.501

Quarterly Revenue Growth

(0.07)

The market value of Berry Global Group is measured differently than its book value, which is the value of Berry that is recorded on the company's balance sheet. Investors also form their own opinion of Berry Global's value that differs from its market value or its book value, called intrinsic value, which is Berry Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Berry Global's market value can be influenced by many factors that don't directly affect Berry Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Berry Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Berry Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berry Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Berry Historical Income Statement

About Berry Income Statement Analysis

Berry Global Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Berry Global income statement Correlations

Berry Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Berry Global income statement Accounts

Berry Global Investors Sentiment

Pair Trading with Berry Global

Moving together with Berry Stock

Moving against Berry Stock

Complementary Tools for Berry Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Operating Expenses	+ 1.0	Selling General Administrative
Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Gross Profit	+ 0.99	Selling General Administrative

Net Interest Income	- 0.76	Non Recurring
Total Other Income Expense Net	- 0.74	Operating Income
Total Other Income Expense Net	- 0.73	Gross Profit
Tax Provision	- 0.72	Total Other Income Expense Net
Total Other Income Expense Net	- 0.71	Total Operating Expenses
Total Other Income Expense Net	- 0.71	Ebit