
Sealed Air (NYSE:SEE), a leading provider of protective packaging solutions, including Bubble Wrap, Cryovac food packaging, and automated systems, on Monday reported fourth-quarter net sales of $1.40 billion for the period ended December 31, 2025.
For the full year 2025, net sales totaled $5.36 billion.
Net earnings rose to $441 million, or $2.99 per diluted share, compared with the prior year.
Adjusted EBITDA reached $1.134 billion, reflecting operational execution, pricing discipline, and cost management amid softer demand in certain end markets and ongoing portfolio optimization.
Cash flow from operations for the year was $628 million, and free cash flow was $459 million.
As of December 31, 2025, net debt stood at $3.7 billion, with a net leverage ratio of 3.2 times adjusted EBITDA, down from prior levels due to strong cash generation and debt reduction efforts.
Sealed Air simultaneously announced it has entered into a definitive agreement to be acquired by an affiliate of Clayton, Dubilier & Rice (CD&R), a private investment firm, in an all-cash transaction valuing the company at $42.15 per share.