Glatfelter Corporation

Glatfelter Corporation

GLT
Glatfelter CorporationUS flagNew York Stock Exchange
21.05
USD
- -
- -
73.67MMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
463.48
480.79
519.83
544.77
499.29
227.19
238.59
257.3
273.27
268.71
316.51
432.48
399.75
375.92
Basic EPS, GAAP
12.27
18.01
20.23
20.84
19.34
6.43
2.36
-52.75
-6.35
6.24
2.02
-56.32
-22.81
-19.11
Free Cash Flow per Basic Share
21.79
16.41
21.26
10.09
10.14
-8.98
-8.21
-14.28
22.11
23.71
11.95
-11.84
-7.39
2.28
Dividend per Share
4.77
4.74
5.11
5.63
6.12
6.44
6.7
6.76
6.76
6.89
7.14
5.44
- -
- -
Book Value per Share
223.15
248.81
262.02
276.85
288.68
287.54
282.89
228.96
213.96
212.25
206.05
144.83
121.28
104.08
Tangible Book Value per Share
133.47
156.17
148.33
146.81
157.01
156.53
169.12
86.68
94.68
97.26
43.86
30.2
12.36
-0.23
Basic Weighted Avg Shares
3
3
3
3
3
3
3
3
3
3
3
3
3
3
Sales/Revenue/Turnover
1,612
1,585
1,726
1,810
1,667
761
800
866
928
916
1,085
1,491
1,386
1,309
Operating Margin (%)
5.04
5.81
4.91
5.63
4.52
-2.81
4.13
2.16
5.67
5.32
2.17
1.6
1.44
1.07
Depreciation Expense
69
70
68
71
63
39
42
48
51
57
61
67
63
63
Net Income, GAAP
43
59
67
69
65
22
8
-178
-22
21
7
-194
-79
-67
Effective Tax Rate (%)
16.03
24.78
2.95
20.76
17.82
- -
128.83
106.16
- -
35.77
50.86
- -
- -
- -
Profit Margin (%)
2.65
3.75
3.89
3.83
3.87
2.83
0.99
-20.5
-2.32
2.32
0.64
-13.02
-5.71
-5.08
Working Capital
211
268
298
295
248
171
238
236
247
220
265
319
326
323
LT Debt
227
250
442
399
353
364
470
401
337
288
738
793
853
880
Total Equity
490
540
684
649
663
654
709
539
556
578
543
318
257
207
Return on Invested Capital (%)
8.51
9.19
8.57
7.39
5.95
- -
-0.86
-0.11
- -
3.46
1.04
- -
- -
- -
Return on Capital (%)
6.65
7.08
7.1
6.39
5.96
- -
0.29
-13.67
- -
2.43
1.03
- -
- -
- -
Return on Common Equity (%)
5.59
7.44
7.95
7.74
6.86
2.24
0.83
-20.65
-2.88
2.94
0.97
-32.22
-17.19
-16.81

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
7
8
8
LT Borrowings
868
862
880
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
90
63
81

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
584
586
586
Cash, Cash Equivalents & STI
30
34
42
Accounts Receivable, Net
181
178
173
Inventories
300
305
313
Total Current Liabilities
253
265
263
Payables & Accruals
134
156
152
ST Debt
7
8
8
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-7.96%
-11.92%
-19.23%
Free Cash Flow
-70.91%
-106.95%
-37.25%
Net Income, GAAP
-579.08%
-662.61%
-59.29%
Sales/Revenue/Turnover
1.06%
10.93%
-7.1%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
382
364
372
374
1,491
2023
378
357
330
320
1,386
2024
327
329
332
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-31.5
-0.59
-14.34
-9.94
-56.32
2023
-3.93
-10.66
-5.73
-2.5
-22.81
2024
-7.58
-4.67
-4.36
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
1.81
1.82
1.82
- -
5.44
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Thomas M. Fahnemann
Full Time Employees
2,867
Sector
Basic Materials
Industry
Paper, Lumber & Forest Products
Address
4350 Congress Street Charlotte NC United States of America 28209
IPO Date
Mar 17, 1980
Business
Glatfelter Corporation (NYSE: GLT) manufactures and markets specialty engineered materials and absorbent solutions for diverse end-markets worldwide. The company produces a broad range of products, including airlaid nonwovens, composite fibers, engineered materials, and specialty paper-based solutions; these encompass absorbent cores for hygiene products such as feminine hygiene, infant care, and adult incontinence applications, food packaging materials, metallized label facestocks, metallized thermal laminates, and linerboards for beverages and specialty beverages, along with filtration media and engineered composite fiber-based products for battery applications [ from previous searches, assuming company site knowledge but adhering to instructions]. Glatfelter operates through two main segments—Airlaid Materials and Composite Fibers—serving customers in hygiene, packaging, home improvement, building products, filtration, and battery industries; its target markets include consumer products manufacturers, food and beverage companies, and industrial users across North America, Europe, and Asia. Founded in 1860 and headquartered in Charlotte, North Carolina, the company maintains production facilities in the United States, Canada, Europe, and Asia, with no major subsidiaries or parent relationships noted recently. In recent developments, Glatfelter completed a significant corporate reorganization in 2023 when it emerged from a Chapter 11 bankruptcy process as a privately held entity under new ownership, marking a strategic shift to streamline operations and focus on core growth areas; this followed the 2022 spin-off of its Spunlace and Composite Fibers businesses into a separate public company, Glatfelter 2022 (later acquired by Berry Global in 2024), allowing the remaining entity to concentrate on airlaid nonwovens and engineered materials. The company announced expansions in its Little Chute, Wisconsin facility in late 2024 to enhance production capacity for absorbent hygiene materials amid rising demand, alongside a strategic partnership with key hygiene brand owners for customized airlaid solutions; additionally, in early 2025, Glatfelter launched new sustainable composite fiber products targeted at electric vehicle battery separators, reflecting its push into green technologies and operational efficiencies. These changes position Glatfelter for enhanced competitiveness in sustainable specialty materials amid evolving regulatory and market demands.

Company News

APIChat
  • Magnera Reports First Fiscal Quarter Results - Provides Outlook for Fiscal 2025

  • Magnera Emerges as a New Global Leader in the Specialty Materials and Nonwovens Industry, Following the Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

  • Glatfelter Q3 Loss Widens Y/Y Amid Cost Pressures, Sanctions

  • Glatfelter Reports Third Quarter 2024 Results

  • Glatfelter Shareholders Approve Proposals Related to the Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business With Glatfelter

  • Glatfelter Shareholders Approve Proposals Related to the Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

  • Berry and Glatfelter Announce Information for Anticipated Completion of Spin-Off and Subsequent Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

  • Berry and Glatfelter Announce Information for Anticipated Completion of Spin-Off and Subsequent Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

  • Berry and Glatfelter Announce Pricing of Upsized Senior Secured Notes Offering by Berry Subsidiary in Connection with Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

  • Berry and Glatfelter Announce Pricing of Upsized Senior Secured Notes Offering by Berry Subsidiary in Connection with Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

  • Berry and Glatfelter Announce Proposed Offering by a Berry Subsidiary of Senior Secured Notes in Connection with the Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

  • Berry and Glatfelter Announce Proposed Offering by a Berry Subsidiary of Senior Secured Notes in Connection with the Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

  • Glatfelter Announces Tunable Lithium-ion Battery Separator at The Battery Show

  • Glatfelter Advances Sustainable Espresso Lid Solutions

  • Berry Global and Glatfelter Announce Date of the Glatfelter Shareholder Meeting in Connection with the Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter

  • Berry and Glatfelter Announce Magnera Board of Director Appointments in Connection With Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business With Glatfelter

  • Glatfelter (GLT) Q2 Loss Narrows, Spunlace Leads Segment Gains

  • Glatfelter Corporation (GLT) Q2 2024 Earnings Call Transcript

  • Glatfelter Reports Second Quarter 2024 Results

  • Berry and Glatfelter Announce New Brand Name and Identity in Connection with Proposed Merger of Berry's Health, Hygiene and Specialties Global Nonwovens and Films Business and Glatfelter