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GLT - Glatfelter Corporati...

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Glatfelter Corporation

GLT

NYSE

Inactive Equity

Glatfelter Corporation, together with its subsidiaries, manufactures and sells engineered materials worldwide. It operates through three segments: Composite Fibers, Airlaid Materials, and Spunlace. The Composite Fibers segment offers food and beverage filtration materials for single-serve coffee and tea products; wallcover base materials for wallpaper manufacturers; metallized products that are used in labels, packaging liners, gift wraps, and other consumer product applications; composite laminates consisting of decorative laminates for use in furniture, household and commercial flooring, and other applications; and specialty engineered products, which are used in electrical energy storage, home, hygiene, and other engineered fiber-based applications. The Airlaid Materials segment supplies absorbent cellulose-based airlaid nonwoven materials that are used to manufacture consumer products, such as feminine hygiene and other hygiene products, specialty wipes, tabletop, adult incontinence, home care, and other consumer and industrial products. The Spunlace segment manufactures spunlace nonwovens for cleaning, high-performance materials, personal care, hygiene, and medical applications. The company was formerly known as P. H. Glatfelter Company. Glatfelter Corporation was founded in 1864 and is headquartered in Charlotte, North Carolina.

21.05 USD

0 (0%)

GLT Financial Statements

Year

2023

2022

2021

2020

Total Revenue

1.39B

1.49B

1.08B

916.5M

Cost of Revenue

1.26B

1.34B

934.08M

768.63M

Gross Profit

129.71M

148.8M

150.62M

147.87M

Operating Expenses

127M

125M

127.07M

100.05M

Research and Development

0

0

0

0

Selling, General & Administrative Expenses

109.74M

125M

127.07M

100.05M

Selling & Marketing Expenses

0

0

0

0

General & Administrative Expenses

0

0

0

0

Other Expenses

0

-7.64M

-2.66M

-4.02M

Operating Income

2.71M

16.57M

20.96M

49.16M

Total Other Income/Expenses Net

-73.8M

-40.44M

-14.94M

-16.8M

Income Before Tax

-71.09M

-204.39M

13.68M

32.36M

Income Tax

7.01M

-10.28M

6.96M

11.58M

Net Income

-79.05M

-194.12M

6.94M

21.3M

Basic EPS

-1.75

-4.33

0.16

0.48

EPS Diluted

-1.75

-4.33

0.15

0.48

Basic Average Shares

45.06M

44.83M

44.55M

44.34M

Diluted Average Shares

45.06M

44.83M

44.92M

44.61M

EBITDA

56.89M

-104.13M

84.31M

95.9M

Retained Earning Schedule

Year

2023

2022

2021

2020

Retained Earnings (Previous Year)

498.86M

705.6M

723.37M

725.79M

Net Income

-79.05M

-194.12M

6.94M

21.3M

Stock Repurchases

0

0

0

0

Dividend Paid

0

-18.77M

-24.46M

-23.49M

Retained Earnings

419.81M

498.86M

705.6M

723.37M

Other Distributions

-79.05M

-225.5M

-42.22M

-25.92M

PPE Schedule

Year

2023

2022

2021

2020

Gross PPE

687.91M

701.23M

786M

555.04M

Annual Depreciation

63.25M

66.72M

61.42M

56.6M

Capital Expenditure

-33.77M

-37.74M

-30.04M

-28.14M

Net PPE

658.43M

672.25M

754.61M

526.57M

Intangible and Goodwill Schedule

Year

2023

2022

2021

2020

Acquisitions and Adjustments

2.5M

-130.97M

71.8M

13.55M

Goodwill (Previous Year)

105.19M

236.16M

164.37M

150.82M

Goodwill

107.69M

105.19M

236.16M

164.37M

All figures are in USD.

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