One-glance verdict
Undervalued
$12.62 our estimate vs market $5.48
Wall Street consensus: $6.66 (-47.3% lower than our fair-value estimate)
57% below our estimate, below the bear case
Fundamentals snapshot
Newell Brands Inc.
NWL · NMS · Consumer Defensive · Household & Personal Products
Current price
$5.48
52-week range
$3.07 - $7.13
Market cap
$2.33B
Balance sheet
Distressed
1.47x Concerning
Net debt $5.50B. Interest coverage shows how many times profit covers the interest bill.
What stands out
3 Rewards
1 Risk
3 rewards · 1 risks
- Reward Revenue grew 0.6% last year.
- Reward Free cash flow was positive in 9/10 years.
- Reward Dividend yield is 5.1% with 40-year payout history.
- Risk Return on equity was -8.6% last year — the company lost money on shareholders' equity.
What this company does
Newell Brands Inc.
Newell Brands owns a large collection of popular household brands you probably recognize, including Sharpie pens, Yankee Candle, Rubbermaid containers, and Coleman camping gear. The company's financial health largely depends on its ability to sell these everyday items through major stores like Walmart and Target and directly to customers online. Because its products are so common in homes, its sales can provide a window into how willing average families are to spend money on household goods.
How the company got here
Newell Brands started in 1903 as a manufacturer of metal curtain rods in New York. For many decades, it grew by purchasing other companies, a strategy that added many famous brands to its collection. Two major moments were buying Rubbermaid in 1999 and Jarden in 2016, which brought in well-known names like Yankee Candle, Coleman, and Oster. This history of acquiring companies is how it became a large business with a wide variety of products. More recently, the company has shifted its focus from buying new businesses to simplifying its operations and improving the performance of its existing brands.
What it actually does
Newell Brands is a company that makes and sells a wide range of consumer products that you likely see in stores and use every day. Think of it as a large collection of different brands, each focused on a specific type of product for your home, office, or outdoor activities. You'll find their products everywhere from big retailers and grocery stores to online shops. The company's goal is to offer well-known, trusted brands that people use in their daily lives, from writing with a Sharpie pen to cooking with a Crock-Pot or keeping drinks cold in a Coleman cooler.
Home and Commercial Solutions
This is the company's largest business area, making up more than a third of its sales. It includes a wide variety of products for around the house, such as Rubbermaid food storage containers, FoodSaver vacuum sealers, and Calphalon cookware. This segment also produces small kitchen appliances like Crock-Pot slow cookers and Mr. Coffee coffeemakers, as well as home fragrance products like Yankee Candle. A smaller part of this division sells cleaning and maintenance supplies to businesses under the Rubbermaid Commercial Products brand.
Learning and Development
This part of the company focuses on products for writing, creativity, and baby care, and it brings in a significant portion of the company's revenue. It is home to some of the most recognized brands in stationery, such as Sharpie markers, Paper Mate pens, and Elmer's glue. This segment also includes baby gear from brands like Graco and NUK, which offer products like car seats, strollers, and bottles. Essentially, this business provides tools for students, office workers, artists, and parents.
Outdoor and Recreation
This is a smaller, but still important, part of Newell's business that provides gear for outdoor enthusiasts. The most famous brand here is Coleman, which sells everything from tents and coolers to camping stoves. It also includes brands like Contigo, known for its travel mugs and water bottles, and Marmot, which makes outdoor clothing and equipment. This segment caters to people who enjoy camping, hiking, and other outdoor activities.
What management is betting on now
The company's current main focus is on strengthening its largest and most profitable brands and improving how it operates. This involves investing more in product innovation (creating new and improved products) and brand building to attract more customers. Management is also working to improve its supply chain (the system of getting products from the factory to the store) to make it more efficient and reduce costs. By concentrating on these core areas, the company aims to achieve more stable sales and increase its profitability over the long term.
Price history
How the share price has moved
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Loading price history…
Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2024 Q3
$231.00M
FY2024 Q4
$54.00M
FY2025 Q1
$-272.00M
FY2025 Q2
$-117.00M
FY2025 Q3
$315.00M
FY2025 Q4
$91.00M
FY2026 Q1
$-270.00M
FY2026 Q2
$-18.00M
Revenue
$1.99B
Net income
$106.00M
Diluted EPS
0.25
Operating cash flow
$29.00M
Free cash flow
$-18.00M
Fetching…
Sources
Revenue
$1.55B
Net income
$-33.00M
Diluted EPS
-0.08
Operating cash flow
$-233.00M
Free cash flow
$-270.00M
Fetching…
Sources
Revenue
$1.90B
Net income
$-315.00M
Diluted EPS
-0.75
Operating cash flow
$161.00M
Free cash flow
$91.00M
Fetching…
Sources
Revenue
$1.81B
Net income
$21.00M
Diluted EPS
0.05
Operating cash flow
$374.00M
Free cash flow
$315.00M
Fetching…
Sources
Revenue
$1.94B
Net income
$46.00M
Diluted EPS
0.11
Operating cash flow
$-58.00M
Free cash flow
$-117.00M
Fetching…
Sources
Revenue
$1.57B
Net income
$-37.00M
Diluted EPS
-0.09
Operating cash flow
$-213.00M
Free cash flow
$-272.00M
Fetching…
Sources
Revenue
$1.95B
Net income
$-54.00M
Diluted EPS
-0.13
Operating cash flow
$150.00M
Free cash flow
$54.00M
Fetching…
Sources
Revenue
$1.95B
Net income
$-198.00M
Diluted EPS
-0.48
Operating cash flow
$282.00M
Free cash flow
$231.00M
Fetching…
Sources
Is it cheap or expensive?
Fair value $12.62 vs current price $5.48
Wall Street consensus is the average analyst price target: $6.66 (-47.3% lower than our fair-value estimate).
Our most-likely fair value is $12.62 a share — about 130.3% above today's price of $5.48, so the stock currently looks cheap (undervalued).
Is it drowning in debt?
Distressed
Net debt $5.5B. Interest coverage 1.5x.
Net debt
$5.50B
Interest coverage
1.47x
Newell Brands Inc.'s profit covers its interest bill about 1.5 times over. which is weaker than most peers shown here.
Distressed
Worse cushion
Baseline
Better cushion
NWL
BASELINE
Newell Brands Inc.
Total debt $5.71B Interest coverage 1.47x This is the baseline the peer rows are being compared against.
Total debt $2.43B Interest coverage 11.32x +671% vs NWL Carries about 7.7x more debt cushion than NWL.
Total debt $5.60B Interest coverage 6.82x +364% vs NWL Carries about 4.6x more debt cushion than NWL.
Total debt $6.54B Interest coverage 9.18x +526% vs NWL Carries about 6.3x more debt cushion than NWL.
Total debt $748.20M Interest coverage 4.98x +239% vs NWL Carries about 3.4x more debt cushion than NWL.
Total debt $1.28B Interest coverage 2.67x +82% vs NWL Carries about 1.8x more debt cushion than NWL.
What you should know
The case for and against NWL
3 Rewards
1 Risk
Rewards
-
Revenue grew 0.6% last year.
-
Free cash flow was positive in 9/10 years.
-
Dividend yield is 5.1% with 40-year payout history.
Risks
-
Return on equity was -8.6% last year — the company lost money on shareholders' equity.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
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Forward P/E
7.99x
P/B
0.95x
P/S
0.32x
EV/EBITDA
8.62x
PEG ratio
0.97x
Profitability
How much profit each dollar creates
Gross margin
35.5%
Operating margin
14.7%
Net margin
-3.0%
ROE
-8.6%
ROA
3.3%
Health
Liquidity and balance-sheet strength
Debt / equity
2.33x
Current ratio
1.11x
Quick ratio
0.43x
Total debt
$5.71B
Total cash
$209.00M
Growth
How the business has been compounding
Revenue TTM
$7.25B
Revenue 5Y CAGR
-9.2%
EPS TTM
-0.53
EPS 5Y CAGR
—
Cash flow
How much cash the business throws off
Operating CF TTM
$331.00M
Free CF TTM
$17.00M
FCF margin
0.2%
Dividend
Shareholder payout
Yield
5.1%
Payout ratio
195.7%
Last ex-div date
2026-08-31