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Side-by-side financial comparison of BRUNSWICK CORP (BC) and SEALED AIR CORP (SEE). Click either name above to swap in a different company.
SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $1.4B, roughly 1.0× BRUNSWICK CORP). SEALED AIR CORP runs the higher net margin — 3.1% vs 1.5%, a 1.6% gap on every dollar of revenue. On growth, BRUNSWICK CORP posted the faster year-over-year revenue change (17.3% vs 2.6%). SEALED AIR CORP produced more free cash flow last quarter ($257.7M vs $-116.8M). Over the past eight quarters, SEALED AIR CORP's revenue compounded faster (2.7% CAGR vs -2.3%).
Brunswick Corporation, formerly known as the Brunswick-Balke-Collender Company, is an American corporation that has been developing, manufacturing and marketing a wide variety of products since 1845. Brunswick has more than 13,000 employees in 24 countries. Brunswick owns a number of brands, including Mercury Marine. In 2024, Brunswick reported sales of US$5.2 billion. Brunswick's global headquarters is in the northern Chicago suburb of Mettawa, Illinois.
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
BC vs SEE — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $1.4B |
| Net Profit | $21.0M | $43.8M |
| Gross Margin | 24.9% | 28.6% |
| Operating Margin | 3.6% | 11.4% |
| Net Margin | 1.5% | 3.1% |
| Revenue YoY | 17.3% | 2.6% |
| Net Profit YoY | — | 700.0% |
| EPS (diluted) | $0.32 | $0.30 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.4B | $1.3B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.2B | $1.4B | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $1.4B | $1.3B |
| Q1 26 | $21.0M | — | ||
| Q4 25 | $18.7M | $43.8M | ||
| Q3 25 | $-235.5M | $255.1M | ||
| Q2 25 | $59.3M | $93.1M | ||
| Q1 25 | $20.2M | $113.5M | ||
| Q4 24 | $-82.5M | $-7.3M | ||
| Q3 24 | $44.6M | $91.7M | ||
| Q2 24 | $100.0M | $98.3M |
| Q1 26 | 24.9% | — | ||
| Q4 25 | 23.1% | 28.6% | ||
| Q3 25 | 25.8% | 29.8% | ||
| Q2 25 | 25.5% | 30.7% | ||
| Q1 25 | 24.9% | 30.9% | ||
| Q4 24 | 21.9% | 30.0% | ||
| Q3 24 | 26.2% | 30.1% | ||
| Q2 24 | 27.1% | 31.2% |
| Q1 26 | 3.6% | — | ||
| Q4 25 | 3.1% | 11.4% | ||
| Q3 25 | -17.8% | 13.8% | ||
| Q2 25 | 7.1% | 15.0% | ||
| Q1 25 | 4.6% | 14.5% | ||
| Q4 24 | -4.8% | 11.7% | ||
| Q3 24 | 7.7% | 13.9% | ||
| Q2 24 | 11.0% | 15.4% |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 1.4% | 3.1% | ||
| Q3 25 | -17.3% | 19.0% | ||
| Q2 25 | 4.1% | 7.0% | ||
| Q1 25 | 1.7% | 9.0% | ||
| Q4 24 | -7.1% | -0.5% | ||
| Q3 24 | 3.5% | 6.9% | ||
| Q2 24 | 6.9% | 7.4% |
| Q1 26 | $0.32 | — | ||
| Q4 25 | $0.32 | $0.30 | ||
| Q3 25 | $-3.59 | $1.73 | ||
| Q2 25 | $0.89 | $0.63 | ||
| Q1 25 | $0.30 | $0.77 | ||
| Q4 24 | $-1.21 | $-0.05 | ||
| Q3 24 | $0.67 | $0.63 | ||
| Q2 24 | $1.48 | $0.67 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $277.8M | $344.0M |
| Total DebtLower is stronger | $490.2M | $3.3B |
| Stockholders' EquityBook value | $1.6B | $1.2B |
| Total Assets | $5.5B | $7.0B |
| Debt / EquityLower = less leverage | 0.31× | 2.65× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $277.8M | — | ||
| Q4 25 | $256.8M | $344.0M | ||
| Q3 25 | $297.7M | $282.5M | ||
| Q2 25 | $315.7M | $354.4M | ||
| Q1 25 | $286.7M | $335.2M | ||
| Q4 24 | $269.0M | $371.8M | ||
| Q3 24 | $284.1M | $386.0M | ||
| Q2 24 | $494.5M | $388.6M |
| Q1 26 | $490.2M | — | ||
| Q4 25 | $2.1B | $3.3B | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | $2.4B | $4.2B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.4B |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $1.2B | ||
| Q3 25 | $1.6B | $1.2B | ||
| Q2 25 | $1.9B | $953.1M | ||
| Q1 25 | $1.9B | $797.9M | ||
| Q4 24 | $1.9B | $624.5M | ||
| Q3 24 | $2.0B | $771.2M | ||
| Q2 24 | $2.0B | $650.1M |
| Q1 26 | $5.5B | — | ||
| Q4 25 | $5.3B | $7.0B | ||
| Q3 25 | $5.4B | $7.1B | ||
| Q2 25 | $5.8B | $7.2B | ||
| Q1 25 | $5.9B | $7.0B | ||
| Q4 24 | $5.7B | $7.0B | ||
| Q3 24 | $6.0B | $7.3B | ||
| Q2 24 | $6.4B | $7.3B |
| Q1 26 | 0.31× | — | ||
| Q4 25 | 1.30× | 2.65× | ||
| Q3 25 | — | 3.34× | ||
| Q2 25 | — | 4.18× | ||
| Q1 25 | — | 5.26× | ||
| Q4 24 | 1.25× | 6.72× | ||
| Q3 24 | — | 5.62× | ||
| Q2 24 | — | 6.81× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $293.6M |
| Free Cash FlowOCF − Capex | $-116.8M | $257.7M |
| FCF MarginFCF / Revenue | -8.5% | 18.5% |
| Capex IntensityCapex / Revenue | 4.2% | 2.6% |
| Cash ConversionOCF / Net Profit | — | 6.70× |
| TTM Free Cash FlowTrailing 4 quarters | $344.6M | $458.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $132.9M | $293.6M | ||
| Q3 25 | $140.4M | $165.9M | ||
| Q2 25 | $316.2M | $136.6M | ||
| Q1 25 | $-27.4M | $31.9M | ||
| Q4 24 | $306.4M | $244.2M | ||
| Q3 24 | $67.4M | $170.5M | ||
| Q2 24 | $211.0M | $188.2M |
| Q1 26 | $-116.8M | — | ||
| Q4 25 | $83.6M | $257.7M | ||
| Q3 25 | $106.5M | $119.6M | ||
| Q2 25 | $271.3M | $93.2M | ||
| Q1 25 | $-65.1M | $-12.0M | ||
| Q4 24 | $276.1M | $185.1M | ||
| Q3 24 | $31.4M | $115.2M | ||
| Q2 24 | $163.9M | $129.5M |
| Q1 26 | -8.5% | — | ||
| Q4 25 | 6.3% | 18.5% | ||
| Q3 25 | 7.8% | 8.9% | ||
| Q2 25 | 18.7% | 7.0% | ||
| Q1 25 | -5.3% | -0.9% | ||
| Q4 24 | 23.9% | 13.6% | ||
| Q3 24 | 2.5% | 8.6% | ||
| Q2 24 | 11.4% | 9.7% |
| Q1 26 | 4.2% | — | ||
| Q4 25 | 3.7% | 2.6% | ||
| Q3 25 | 2.5% | 3.4% | ||
| Q2 25 | 3.1% | 3.3% | ||
| Q1 25 | 3.1% | 3.5% | ||
| Q4 24 | 2.6% | 4.4% | ||
| Q3 24 | 2.8% | 4.1% | ||
| Q2 24 | 3.3% | 4.4% |
| Q1 26 | — | — | ||
| Q4 25 | 7.11× | 6.70× | ||
| Q3 25 | — | 0.65× | ||
| Q2 25 | 5.33× | 1.47× | ||
| Q1 25 | -1.36× | 0.28× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.51× | 1.86× | ||
| Q2 24 | 2.11× | 1.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BC
Segment breakdown not available.
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
