NWLNasdaqPlastics Products, NECFiscal year ends December 31
NEWELL BRANDS INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$5.54−0.11 (-1.95%)
Close on Oct 19, 2026
- Market cap
- $2.38B
- P/E (TTM)
- –
- Dividend yield
- 5.05%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
33.8%+0.9 pts over 5 years
Operating margin
0.5%+7.2 pts over 5 years
Net margin
-4.0%+4.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -5.0% | -8.7% | -5.2% | +2.0% | |
| Gross profit | -4.6% | -5.0% | -4.6% | +0.5% | |
| Operating income | -41.8% | -50.0% | – | -23.9% | |
| Free cash flow | -92.8% | – | -57.1% | -26.7% | |
| Dividend per share | 0.0% | -32.7% | -21.2% | -9.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 8.0% | -17.3% | -11.1% | |
| Return on assets | 2.6% | -5.0% | -2.6% | |
| Current ratio | 1.74 | 1.28 | 1.07 | |
| Debt to equity | 1.05 | 1.45 | 1.95 | |
| Net debt to EBITDA | 15.38× | -16.86× | 12.77× | |
| Interest coverage | – | -2.3× | – | |
| Inventory turnover | 4.4× | 3.9× | 3.6× | |
| Capex to revenue | 4.8% | 2.8% | 3.4% | |
| Diluted shares | 421M | 424M | 418M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Newell Brands generated $2.85B from operations and spent $2.92B on capital expenditure, dividends and share buybacks. 48% of that went back into the business.
Generated
$2.85B
Used
$2.92B
Capital expenditure$1.39B48%Dividends$1.20B41%Share buybacks$325.00M11%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-4.0%
×Asset turnover0.66×
×Equity multiplier4.22×
=Return on equity, FY2025-11.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -4.0% | 0.66× | 4.22× | -11.1% |
| FY2024 | -2.8% | 0.65× | 3.95× | -7.4% |
| FY2023 | -4.8% | 0.64× | 3.83× | -11.7% |
| FY2022 | 2.1% | 0.69× | 3.59× | 5.1% |
| FY2021 | 5.9% | 0.73× | 3.61× | 15.5% |
| FY2020 | -8.2% | 0.62× | 3.43× | -17.3% |
| FY2019 | 1.1% | 0.58× | 3.28× | 2.1% |
| FY2018 | -68.4% | 0.40× | 2.63× | -71.7% |
| FY2017 | 24.6% | 0.33× | 2.63× | 21.6% |
| FY2016 | 5.7% | 0.45× | 3.12× | 8.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$285.00M
- Cash generatingOperating cash flow above zero$264.00M
- Return on assets improvedROA up on the prior year-1.8% → -2.6%
- Earnings backed by cashOperating cash flow above net income$264.00M vs -$285.00M
- Less leverageLong-term debt to assets fell41.0% → 42.4%
- Better liquidityCurrent ratio rose1.14 → 1.07
- No dilutionShare count did not rise416M → 418M
- Gross margin improvedGross margin up on the prior year33.61% → 33.76%
- More efficientAsset turnover rose0.62 → 0.65