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Side-by-side financial comparison of SEALED AIR CORP (SEE) and Schneider National, Inc. (SNDR). Click either name above to swap in a different company.
SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.1× Schneider National, Inc.). SEALED AIR CORP runs the higher net margin — 3.1% vs 1.6%, a 1.5% gap on every dollar of revenue. On growth, SEALED AIR CORP posted the faster year-over-year revenue change (2.6% vs -1.2%). SEALED AIR CORP produced more free cash flow last quarter ($257.7M vs $48.1M). Over the past eight quarters, SEALED AIR CORP's revenue compounded faster (2.7% CAGR vs -2.8%).
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.
Schneider National, Inc. is an American transportation company that provides truckload, intermodal, and logistics services. Schneider's services include regional, long-haul, expedited, dedicated, bulk, intermodal, brokerage, cross-dock logistics, pool point distribution, supply chain management, and port logistics.
SEE vs SNDR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $1.2B |
| Net Profit | $43.8M | $20.4M |
| Gross Margin | 28.6% | — |
| Operating Margin | 11.4% | 2.7% |
| Net Margin | 3.1% | 1.6% |
| Revenue YoY | 2.6% | -1.2% |
| Net Profit YoY | 700.0% | -21.8% |
| EPS (diluted) | $0.30 | $0.12 |
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 | — | $1.2B | ||
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.3B | $1.5B | ||
| Q2 25 | $1.3B | $1.4B | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $1.3B | $1.3B |
| Q1 26 | — | $20.4M | ||
| Q4 25 | $43.8M | $22.1M | ||
| Q3 25 | $255.1M | $19.4M | ||
| Q2 25 | $93.1M | $36.0M | ||
| Q1 25 | $113.5M | $26.1M | ||
| Q4 24 | $-7.3M | $32.6M | ||
| Q3 24 | $91.7M | $30.6M | ||
| Q2 24 | $98.3M | $35.3M |
| Q1 26 | — | — | ||
| Q4 25 | 28.6% | — | ||
| Q3 25 | 29.8% | — | ||
| Q2 25 | 30.7% | — | ||
| Q1 25 | 30.9% | — | ||
| Q4 24 | 30.0% | — | ||
| Q3 24 | 30.1% | — | ||
| Q2 24 | 31.2% | — |
| Q1 26 | — | 2.7% | ||
| Q4 25 | 11.4% | 2.6% | ||
| Q3 25 | 13.8% | 2.4% | ||
| Q2 25 | 15.0% | 3.9% | ||
| Q1 25 | 14.5% | 3.0% | ||
| Q4 24 | 11.7% | 3.2% | ||
| Q3 24 | 13.9% | 3.3% | ||
| Q2 24 | 15.4% | 3.9% |
| Q1 26 | — | 1.6% | ||
| Q4 25 | 3.1% | 1.6% | ||
| Q3 25 | 19.0% | 1.3% | ||
| Q2 25 | 7.0% | 2.5% | ||
| Q1 25 | 9.0% | 1.9% | ||
| Q4 24 | -0.5% | 2.4% | ||
| Q3 24 | 6.9% | 2.3% | ||
| Q2 24 | 7.4% | 2.7% |
| Q1 26 | — | $0.12 | ||
| Q4 25 | $0.30 | $0.13 | ||
| Q3 25 | $1.73 | $0.11 | ||
| Q2 25 | $0.63 | $0.20 | ||
| Q1 25 | $0.77 | $0.15 | ||
| Q4 24 | $-0.05 | $0.19 | ||
| Q3 24 | $0.63 | $0.17 | ||
| Q2 24 | $0.67 | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $344.0M | $227.8M |
| Total DebtLower is stronger | $3.3B | — |
| Stockholders' EquityBook value | $1.2B | $3.0B |
| Total Assets | $7.0B | $4.9B |
| Debt / EquityLower = less leverage | 2.65× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $227.8M | ||
| Q4 25 | $344.0M | $41.8M | ||
| Q3 25 | $282.5M | $235.7M | ||
| Q2 25 | $354.4M | $205.1M | ||
| Q1 25 | $335.2M | $154.3M | ||
| Q4 24 | $371.8M | $165.5M | ||
| Q3 24 | $386.0M | $231.6M | ||
| Q2 24 | $388.6M | $157.2M |
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | $390.9M | ||
| Q3 25 | $4.0B | $509.8M | ||
| Q2 25 | $4.0B | $512.7M | ||
| Q1 25 | $4.2B | $565.8M | ||
| Q4 24 | $4.2B | $420.8M | ||
| Q3 24 | $4.3B | $124.7M | ||
| Q2 24 | $4.4B | $125.8M |
| Q1 26 | — | $3.0B | ||
| Q4 25 | $1.2B | $3.0B | ||
| Q3 25 | $1.2B | $3.0B | ||
| Q2 25 | $953.1M | $3.0B | ||
| Q1 25 | $797.9M | $3.0B | ||
| Q4 24 | $624.5M | $3.0B | ||
| Q3 24 | $771.2M | $3.0B | ||
| Q2 24 | $650.1M | $3.0B |
| Q1 26 | — | $4.9B | ||
| Q4 25 | $7.0B | $4.8B | ||
| Q3 25 | $7.1B | $5.0B | ||
| Q2 25 | $7.2B | $5.0B | ||
| Q1 25 | $7.0B | $5.0B | ||
| Q4 24 | $7.0B | $4.9B | ||
| Q3 24 | $7.3B | $4.6B | ||
| Q2 24 | $7.3B | $4.5B |
| Q1 26 | — | — | ||
| Q4 25 | 2.65× | 0.13× | ||
| Q3 25 | 3.34× | 0.17× | ||
| Q2 25 | 4.18× | 0.17× | ||
| Q1 25 | 5.26× | 0.19× | ||
| Q4 24 | 6.72× | 0.14× | ||
| Q3 24 | 5.62× | 0.04× | ||
| Q2 24 | 6.81× | 0.04× |
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 | $92.9M |
| Free Cash FlowOCF − Capex | $257.7M | $48.1M |
| FCF MarginFCF / Revenue | 18.5% | 3.9% |
| Capex IntensityCapex / Revenue | 2.6% | 3.6% |
| Cash ConversionOCF / Net Profit | 6.70× | 4.55× |
| TTM Free Cash FlowTrailing 4 quarters | $458.5M | $356.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $92.9M | ||
| Q4 25 | $293.6M | $186.0M | ||
| Q3 25 | $165.9M | $184.2M | ||
| Q2 25 | $136.6M | $175.5M | ||
| Q1 25 | $31.9M | $91.7M | ||
| Q4 24 | $244.2M | $199.5M | ||
| Q3 24 | $170.5M | $206.4M | ||
| Q2 24 | $188.2M | $182.6M |
| Q1 26 | — | $48.1M | ||
| Q4 25 | $257.7M | $145.5M | ||
| Q3 25 | $119.6M | $56.2M | ||
| Q2 25 | $93.2M | $106.4M | ||
| Q1 25 | $-12.0M | $-22.7M | ||
| Q4 24 | $185.1M | $113.6M | ||
| Q3 24 | $115.2M | $98.7M | ||
| Q2 24 | $129.5M | $85.5M |
| Q1 26 | — | 3.9% | ||
| Q4 25 | 18.5% | 10.4% | ||
| Q3 25 | 8.9% | 3.9% | ||
| Q2 25 | 7.0% | 7.5% | ||
| Q1 25 | -0.9% | -1.6% | ||
| Q4 24 | 13.6% | 8.5% | ||
| Q3 24 | 8.6% | 7.5% | ||
| Q2 24 | 9.7% | 6.5% |
| Q1 26 | — | 3.6% | ||
| Q4 25 | 2.6% | 2.9% | ||
| Q3 25 | 3.4% | 8.8% | ||
| Q2 25 | 3.3% | 4.9% | ||
| Q1 25 | 3.5% | 8.2% | ||
| Q4 24 | 4.4% | 6.4% | ||
| Q3 24 | 4.1% | 8.2% | ||
| Q2 24 | 4.4% | 7.4% |
| Q1 26 | — | 4.55× | ||
| Q4 25 | 6.70× | 8.42× | ||
| Q3 25 | 0.65× | 9.49× | ||
| Q2 25 | 1.47× | 4.88× | ||
| Q1 25 | 0.28× | 3.51× | ||
| Q4 24 | — | 6.12× | ||
| Q3 24 | 1.86× | 6.75× | ||
| Q2 24 | 1.91× | 5.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
SNDR
Segment breakdown not available.
