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Side-by-side financial comparison of SEALED AIR CORP (SEE) and VinFast Auto Ltd. (VFS). Click either name above to swap in a different company.
SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $718.6M, roughly 1.9× VinFast Auto Ltd.). SEALED AIR CORP runs the higher net margin — 3.1% vs -2.8%, a 5.9% gap on every dollar of revenue.
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.
VinFast Auto Ltd. is a Vietnamese multinational automotive company founded by Vingroup, one of the largest private conglomerates in Vietnam that was founded by Phạm Nhật Vượng.
SEE vs VFS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $718.6M |
| Net Profit | $43.8M | $-20.0M |
| Gross Margin | 28.6% | — |
| Operating Margin | 11.4% | -96.1% |
| Net Margin | 3.1% | -2.8% |
| Revenue YoY | 2.6% | — |
| Net Profit YoY | 700.0% | — |
| EPS (diluted) | $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.
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.3B | $718.6M | ||
| Q2 25 | $1.3B | $663.0M | ||
| Q1 25 | $1.3B | $656.5M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.3B | $511.6M | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | $302.6M |
| Q4 25 | $43.8M | — | ||
| Q3 25 | $255.1M | $-20.0M | ||
| Q2 25 | $93.1M | $-51.8M | ||
| Q1 25 | $113.5M | $-26.1M | ||
| Q4 24 | $-7.3M | — | ||
| Q3 24 | $91.7M | $-10.4M | ||
| Q2 24 | $98.3M | — | ||
| Q1 24 | $82.0M | $-618.3M |
| 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 24 | 30.3% | — |
| Q4 25 | 11.4% | — | ||
| Q3 25 | 13.8% | -96.1% | ||
| Q2 25 | 15.0% | -79.0% | ||
| Q1 25 | 14.5% | -74.0% | ||
| Q4 24 | 11.7% | — | ||
| Q3 24 | 13.9% | -65.9% | ||
| Q2 24 | 15.4% | — | ||
| Q1 24 | 14.0% | -139.4% |
| Q4 25 | 3.1% | — | ||
| Q3 25 | 19.0% | -2.8% | ||
| Q2 25 | 7.0% | -7.8% | ||
| Q1 25 | 9.0% | -4.0% | ||
| Q4 24 | -0.5% | — | ||
| Q3 24 | 6.9% | -2.0% | ||
| Q2 24 | 7.4% | — | ||
| Q1 24 | 6.2% | -204.3% |
| Q4 25 | $0.30 | — | ||
| Q3 25 | $1.73 | — | ||
| Q2 25 | $0.63 | — | ||
| Q1 25 | $0.77 | — | ||
| Q4 24 | $-0.05 | — | ||
| Q3 24 | $0.63 | — | ||
| Q2 24 | $0.67 | — | ||
| Q1 24 | $0.56 | — |
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 | $8.8M |
| Total DebtLower is stronger | $3.3B | — |
| Stockholders' EquityBook value | $1.2B | — |
| Total Assets | $7.0B | $183.2M |
| Debt / EquityLower = less leverage | 2.65× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $344.0M | — | ||
| Q3 25 | $282.5M | $8.8M | ||
| Q2 25 | $354.4M | $650.0M | ||
| Q1 25 | $335.2M | $2.4M | ||
| Q4 24 | $371.8M | — | ||
| Q3 24 | $386.0M | $1.9M | ||
| Q2 24 | $388.6M | — | ||
| Q1 24 | $352.8M | $3.0M |
| Q4 25 | $3.3B | — | ||
| Q3 25 | $4.0B | — | ||
| Q2 25 | $4.0B | — | ||
| Q1 25 | $4.2B | — | ||
| Q4 24 | $4.2B | — | ||
| Q3 24 | $4.3B | — | ||
| Q2 24 | $4.4B | — | ||
| Q1 24 | $4.5B | — |
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $953.1M | $-7.2B | ||
| Q1 25 | $797.9M | — | ||
| Q4 24 | $624.5M | — | ||
| Q3 24 | $771.2M | — | ||
| Q2 24 | $650.1M | — | ||
| Q1 24 | $598.3M | — |
| Q4 25 | $7.0B | — | ||
| Q3 25 | $7.1B | $183.2M | ||
| Q2 25 | $7.2B | $7.2B | ||
| Q1 25 | $7.0B | $158.2M | ||
| Q4 24 | $7.0B | — | ||
| Q3 24 | $7.3B | $151.8M | ||
| Q2 24 | $7.3B | — | ||
| Q1 24 | $7.2B | $145.6M |
| Q4 25 | 2.65× | — | ||
| Q3 25 | 3.34× | — | ||
| Q2 25 | 4.18× | — | ||
| Q1 25 | 5.26× | — | ||
| Q4 24 | 6.72× | — | ||
| Q3 24 | 5.62× | — | ||
| Q2 24 | 6.81× | — | ||
| Q1 24 | 7.49× | — |
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 | $257.7M | — |
| FCF MarginFCF / Revenue | 18.5% | — |
| Capex IntensityCapex / Revenue | 2.6% | — |
| Cash ConversionOCF / Net Profit | 6.70× | — |
| TTM Free Cash FlowTrailing 4 quarters | $458.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $293.6M | — | ||
| Q3 25 | $165.9M | — | ||
| Q2 25 | $136.6M | — | ||
| Q1 25 | $31.9M | — | ||
| Q4 24 | $244.2M | — | ||
| Q3 24 | $170.5M | — | ||
| Q2 24 | $188.2M | — | ||
| Q1 24 | $125.1M | — |
| Q4 25 | $257.7M | — | ||
| Q3 25 | $119.6M | — | ||
| Q2 25 | $93.2M | — | ||
| Q1 25 | $-12.0M | — | ||
| Q4 24 | $185.1M | — | ||
| Q3 24 | $115.2M | — | ||
| Q2 24 | $129.5M | — | ||
| Q1 24 | $78.0M | — |
| Q4 25 | 18.5% | — | ||
| Q3 25 | 8.9% | — | ||
| Q2 25 | 7.0% | — | ||
| Q1 25 | -0.9% | — | ||
| Q4 24 | 13.6% | — | ||
| Q3 24 | 8.6% | — | ||
| Q2 24 | 9.7% | — | ||
| Q1 24 | 5.9% | — |
| Q4 25 | 2.6% | — | ||
| Q3 25 | 3.4% | — | ||
| Q2 25 | 3.3% | — | ||
| Q1 25 | 3.5% | — | ||
| Q4 24 | 4.4% | — | ||
| Q3 24 | 4.1% | — | ||
| Q2 24 | 4.4% | — | ||
| Q1 24 | 3.6% | — |
| Q4 25 | 6.70× | — | ||
| Q3 25 | 0.65× | — | ||
| Q2 25 | 1.47× | — | ||
| Q1 25 | 0.28× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.86× | — | ||
| Q2 24 | 1.91× | — | ||
| Q1 24 | 1.53× | — |
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% |
VFS
| Sales of vehicles | $662.9M | 92% |
| Sales of spare parts and components | $41.3M | 6% |
| Revenue from leasing activities | $12.3M | 2% |
| Finance income | $2.4M | 0% |
| Rendering of services | $1.2M | 0% |
