Financials Newell Brands Inc.

Equities

NWL

US6512291062

Appliances, Tools & Housewares

Real-time Estimate Cboe BZX Other stock markets 11:33:58 2025-12-12 EST			5-day change	1st Jan Change
3.845 ^USD	-0.65%		+3.09%	-61.50%

12-03	Newell Brands Inc. Presents at Morgan Stanley Global Consumer & Retail Conference 2025, Dec-02-2025 03:00 PM
12-02	UBS Adjusts Price Target on Newell Brands to $4 From $5.50, Maintains Neutral Rating	MT

Projected Income Statement: Newell Brands Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	9,385	10,589	9,459	8,133	7,582	7,189	7,193	7,291
Change	-	12.83%	-10.67%	-14.02%	-6.77%	-5.18%	0.05%	1.36%
EBITDA ¹	1,296	1,492	1,252	904	900	920.7	935.7	987.4
Change	-	15.12%	-16.09%	-27.8%	-0.44%	2.3%	1.62%	5.53%
EBIT ¹	1,038	1,167	956	570	618	611.6	645.6	651.4
Change	-	12.43%	-18.08%	-40.38%	8.42%	-1.03%	5.55%	0.9%
Interest Paid ¹	-274	-256	-235	-283	-295	-319.5	-317.5	-303.2
Earnings before Tax (EBT) ¹	-1,006	693	157	-543	-260	181	327.5	496
Change	-	168.89%	-77.34%	-445.86%	52.12%	169.62%	80.94%	51.45%
Net income ¹	-770	572	197	-388	-216	138.4	260.6	372
Change	-	174.29%	-65.56%	-296.95%	44.33%	164.05%	88.33%	42.77%
Announcement Date	2/12/21	2/11/22	2/10/23	2/9/24	2/7/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3
Net sales ¹	2,689	2,288	2,709	2,787	2,805	2,388	2,534	2,252	2,285	1,805	2,204	2,048	2,076	1,653	2,033	1,947	1,949	1,566	1,935	1,806	1,881	1,544	1,926	1,821	1,891	1,538	1,920	1,836
Change	-	-14.91%	18.4%	2.88%	0.65%	-14.87%	6.11%	-11.13%	1.47%	-21.01%	22.11%	-7.08%	1.37%	-20.38%	22.99%	-4.23%	0.1%	-19.65%	23.56%	-6.67%	4.13%	-17.87%	24.73%	-5.49%	3.85%	-18.68%	24.88%	-4.38%
EBITDA ¹	377	316	421	395	360	330	415	304	187	124	279	248	253	161	298	250	216	136	280	225	246.4	141.5	281.6	243.7	235.4	139.3	289.4	260.5
Change	-	-16.18%	33.23%	-6.18%	-8.86%	-8.33%	25.76%	-26.75%	-38.49%	-33.69%	125%	-11.11%	2.02%	-36.36%	85.09%	-16.11%	-13.6%	-37.04%	105.88%	-19.64%	9.52%	-42.56%	98.93%	-13.44%	-3.42%	-40.81%	107.71%	-9.99%
EBIT ¹	307	230	341	317	279	254	344	229	113	43	201	167	159	76	219	185	139	71	208	162	171.2	68.4	208.1	167	176.4	66.8	210.6	184
Change	-	-25.08%	48.26%	-7.04%	-11.99%	-8.96%	35.43%	-33.43%	-50.66%	-61.95%	367.44%	-16.92%	-4.79%	-52.2%	188.16%	-15.53%	-24.86%	-48.92%	192.96%	-22.12%	5.67%	-60.04%	204.28%	-19.79%	5.66%	-62.13%	215.31%	-12.65%
Charge d'intérêts ¹	-69	-67	-65	-65	-59	-59	-55	-57	-64	-68	-76	-69	-70	-70	-78	-75	-72	-72	-82	-83	-82.5	-80.25	-80	-79	-78.25	-	-	-
Earnings before Tax (EBT) ¹	101	126	243	215	109	282	254	-30	-330	-116	35	-298	-164	-60	84	-205	-79	-55	71	42	88.45	-8.8	131.3	87.7	95.8	-	-	-
Change	-	24.75%	92.86%	-11.52%	-49.3%	158.72%	-9.93%	-111.81%	-1,000%	64.85%	130.17%	-951.43%	44.97%	63.41%	240%	-344.05%	61.46%	30.38%	229.09%	-40.85%	110.6%	-109.95%	1,592.05%	-33.21%	9.24%	-	-	-
Net income ¹	127	89	197	190	96	234	204	31	-249	-102	18	-218	-86	-9	45	-198	-54	-37	46	21	73.8	-7.5	111.6	74.5	81.5	-	-	-
Change	-	-29.92%	121.35%	-3.55%	-49.47%	143.75%	-12.82%	-84.8%	-903.23%	59.04%	117.65%	-1,311.11%	60.55%	89.53%	600%	-540%	72.73%	31.48%	224.32%	-54.35%	251.43%	-110.16%	1,588%	-33.24%	9.4%	-	-	-
Announcement Date	2/12/21	4/30/21	7/30/21	10/29/21	2/11/22	4/29/22	7/29/22	10/28/22	2/10/23	4/28/23	7/28/23	10/27/23	2/9/24	4/26/24	7/26/24	10/25/24	2/7/25	4/30/25	8/1/25	10/31/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Newell Brands Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	4,626	4,446	5,090	4,572	4,397	4,572	4,321	4,072
Change	-	-3.89%	14.48%	-10.18%	-3.83%	3.98%	-5.49%	-5.76%
Announcement Date	2/12/21	2/11/22	2/10/23	2/9/24	2/7/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Newell Brands Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	259	289	312	284	259	239.3	219.3	247
Change	-	11.58%	7.96%	-8.97%	-8.8%	-7.61%	-8.36%	12.64%
Free Cash Flow (FCF) ¹	1,173	595	-584	646	237	46	372.5	389.5
Change	-	-49.28%	-198.15%	210.62%	-63.31%	-80.59%	709.78%	4.56%
Announcement Date	2/12/21	2/11/22	2/10/23	2/9/24	2/7/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Newell Brands Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	13.81%	14.09%	13.24%	11.12%	11.87%	12.81%	13.01%	13.54%
EBIT Margin (%)	11.06%	11.02%	10.11%	7.01%	8.15%	8.51%	8.98%	8.93%
EBT Margin (%)	-10.72%	6.54%	1.66%	-6.68%	-3.43%	2.52%	4.55%	6.8%
Net margin (%)	-8.2%	5.4%	2.08%	-4.77%	-2.85%	1.92%	3.62%	5.1%
FCF margin (%)	12.5%	5.62%	-6.17%	7.94%	3.13%	0.64%	5.18%	5.34%
FCF / Net Income (%)	-152.34%	104.02%	-296.45%	-166.49%	-109.72%	33.25%	142.97%	104.7%
Profitability
ROA	5.01%	5.39%	4.75%	2.6%	2.47%	2.17%	2.01%	2.21%
ROE	17.2%	19.54%	17.04%	9.95%	9.76%	8.74%	8.75%	9.25%
Financial Health
Leverage (Debt/EBITDA)	3.57x	2.98x	4.07x	5.06x	4.89x	4.97x	4.62x	4.12x
Debt / Free cash flow	3.94x	7.47x	-8.72x	7.08x	18.55x	99.38x	11.6x	10.46x
Capital Intensity
CAPEX / Current Assets (%)	2.76%	2.73%	3.3%	3.49%	3.42%	3.33%	3.05%	3.39%
CAPEX / EBITDA (%)	19.98%	19.37%	24.92%	31.42%	28.78%	25.99%	23.44%	25.02%
CAPEX / FCF (%)	22.08%	48.57%	-53.42%	43.96%	109.28%	520.19%	58.87%	63.42%
Items per share
Cash flow per share ¹	3.377	2.065	-0.6517	2.246	1.194	1.325	0.8164	1.129
Change	-	-38.83%	-131.55%	444.61%	-46.85%	11.02%	-38.4%	38.25%
Dividend per Share ¹	0.92	0.92	0.92	0.44	0.28	0.2813	0.2829	0.2829
Change	-	0%	0%	-52.17%	-36.36%	0.46%	0.57%	0%
Book Value Per Share ¹	9.135	9.615	8.508	7.515	6.621	6.504	6.698	6.996
Change	-	5.25%	-11.51%	-11.67%	-11.9%	-1.77%	2.98%	4.45%
EPS ¹	-1.82	1.34	0.47	-0.94	-0.52	0.2933	0.535	0.6467
Change	-	173.63%	-64.93%	-300%	44.68%	156.41%	82.39%	20.87%
Nbr of stocks (in thousands)	424,300	425,400	413,598	414,197	416,000	419,200	419,200	419,200
Announcement Date	2/12/21	2/11/22	2/10/23	2/9/24	2/7/25	-	-	-