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| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $9,385 | $10,589 | $9,459 | $8,133 | $7,582 |
| Gross Profit | $3,079 | $3,296 | $2,834 | $2,353 | $2,548 |
| Operating Income | -$634 | $946 | $312 | -$85 | $67 |
| Net Income | -$770 | $572 | $197 | -$388 | -$216 |
Over the five-year period, Newell Brands Inc. has experienced notable volatility in its financial performance. In 2020, the company reported a revenue of $9.39 billion paired with a gross profit of $3.08 billion, yet both operating and net incomes were in the red at –$634 million and –$770 million, respectively. The tide turned in 2021 with revenue climbing to $10.59 billion, and operating income turning strongly positive to $946 million, while net income recovered to $572 million. However, following this brief turnaround, there was a more than 20% decline in revenue in 2022, falling to $9.46 billion, with gross profit dropping to $2.83 billion. Operating income also saw a substantial downturn to $312 million and net income diminished to $197 million, indicating a regression in operating efficiency and profitability. Subsequent years have continued this erratic pattern. In 2023, revenue further declined to $8.13 billion accompanied by another swing into negative territory for operating and net income (–$85 million and –$388 million, respectively). Although 2024 showed a slight improvement in operating income at $67 million, revenue decreased further to $7.58 billion and net income remained negative at –$216 million. These fluctuations suggest that while the company has demonstrated an ability to generate gross profit consistently, its operating management and net profitability have been significantly impacted by underlying market conditions, pricing pressures, or operational challenges. Overall, Newell Brands’ financial health appears to be under pressure, and the sustainability of its earnings may depend on stabilizing revenue trends and further improvements in operational efficiencies.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.