AptarGroup, Inc. (ATR) Margin Analysis

AptarGroup, Inc.

ATR (NYSE)

(%)

Models
AptarGroup, Inc. Margin Analysis

# --- Years and Quarters
assumptions.set({
    "timeseries": "annual",
    "data": {
        "#years": """
            4
        """,
        "#quarters": """
            8
        """,
    },
    "titles": {
        "#years": "Years",
        "#quarters": "Quarters",
    },
    "properties": {
        "width": "responsive",
        "title": "Years and Quarters",
        "id": "component-1",
        "bindTo": None
    },
    "descriptions": {
        "#years": r"""
The number of historical years used to render the annual chart and tables.
        """,
        "#quarters": r"""
The number of historical quarters used to render the quarterly chart and tables.
        """,
    }
})

# Render description block
model.render_description({
    "data": r"""
## Margin Analysis Report

Margins refer to the ratio between a financial report item and the revenue (example: Net Income Margin = Net Income / Revenue).

This analysis provides annual and quarterly sections for reporting key financial margins.
""",
    "properties": {
        "width": "responsive"
    }
})

# Render description block
model.render_description({
    "data": r"""
## Annual Section

The annual section uses annual data to calculate margins and growth rates.
""",
    "properties": {
        "width": "full"
    }
})

# --- Income Statement Margins
data.compute({
    "user:%revenueGrowthRate": """
        ( income:revenue / income:revenue:-1 ) - 1
    """,
    "user:%grossMargin": """
        income:grossProfit / income:revenue
    """,
    "user:%operatingMargin": """
        income:operatingIncome / income:revenue
    """,
    "user:%netMargin": """
        income:netIncome / income:revenue
    """,
}, forecast=0, timeseries="annual")

model.render_table({
    "timeseries": "annual",
    "data": {
        "income:revenue": "Revenue",
        "user:%revenueGrowthRate": "Revenue Growth Rate",
        "income:costOfRevenue": "Cost of Revenue",
        "income:grossProfit": "Gross Profit",
        "user:%grossMargin": "Gross Margin",
        "income:operatingIncome": "Operating Income",
        "user:%operatingMargin": "Operating Margin",
        "income:netIncome": "Net Income",
        "user:%netMargin": "Net Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Income Statement Margins",
        "order": "descending",
        "number_format": "M",
        "include_ltm": True,
        "display_averages": False,
        "width": "responsive"
    }
})

# --- Cash Flow Statement Margins
data.compute({
    "user:%cashFromOperatingActivitiesMargin": """
        flow:netCashProvidedByOperatingActivities / income:revenue
    """,
    "user:%freeCashFlowMargin": """
        flow:freeCashFlow / income:revenue
    """,
    "user:%depreciationAndAmortizationMargin": """
        flow:depreciationAndAmortization / income:revenue
    """,
    "user:%capitalExpenditureMargin": """
        flow:capitalExpenditure / income:revenue
    """,
}, forecast=0, timeseries="annual")

model.render_table({
    "timeseries": "annual",
    "data": {
        "income:revenue": "Revenue",
        "flow:netCashProvidedByOperatingActivities": "Cash from Operating Activities",
        "user:%cashFromOperatingActivitiesMargin": "Cash from Operating Activities Margin",
        "flow:freeCashFlow": "Free Cash Flow",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
        "flow:depreciationAndAmortization": "Depreciation and Amortization",
        "user:%depreciationAndAmortizationMargin": "Depreciation and Amortization Margin",
        "flow:capitalExpenditure": "Capital Expenditure",
        "user:%capitalExpenditureMargin": "Capital Expenditure Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Cash Flow Statement Margins",
        "order": "descending",
        "number_format": "M",
        "include_ltm": True,
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_chart({
    "timeseries": "annual",
    "data": {
        "user:%grossMargin": "Gross Margin",
        "user:%operatingMargin": "Operating Margin",
        "user:%netMargin": "Net Margin",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Annual Chart",
        "include_ltm": False,
        "set_editable": [],
        "hidden_keys": [],
        "bar_keys": ["user:%grossMargin", "user:%operatingMargin", "user:%netMargin", "user:%freeCashFlowMargin"],
        "width": "full"
    }
})

# Render description block
model.render_description({
    "data": r"""
## Quarterly Section

The quarterly section uses quarterly data to calculate margins and growth rates.
""",
    "properties": {
        "width": "full"
    }
})

model.render_table({
    "timeseries": "quarterly",
    "data": {
        "income:revenue": "Revenue",
        "user:%revenueGrowthRate": "Revenue Growth Rate",
        "income:costOfRevenue": "Cost of Revenue",
        "income:grossProfit": "Gross Profit",
        "user:%grossMargin": "Gross Margin",
        "income:operatingIncome": "Operating Income",
        "user:%operatingMargin": "Operating Margin",
        "income:netIncome": "Net Income",
        "user:%netMargin": "Net Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Income Statement Margins",
        "order": "descending",
        "number_format": "M",
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_table({
    "timeseries": "quarterly",
    "data": {
        "income:revenue": "Revenue",
        "flow:netCashProvidedByOperatingActivities": "Cash from Operating Activities",
        "user:%cashFromOperatingActivitiesMargin": "Cash from Operating Activities Margin",
        "flow:freeCashFlow": "Free Cash Flow",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
        "flow:depreciationAndAmortization": "Depreciation and Amortization",
        "user:%depreciationAndAmortizationMargin": "Depreciation and Amortization Margin",
        "flow:capitalExpenditure": "Capital Expenditure",
        "user:%capitalExpenditureMargin": "Capital Expenditure Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Cash Flow Statement Margins",
        "order": "descending",
        "number_format": "M",
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_chart({
    "timeseries": "quarterly",
    "data": {
        "user:%grossMargin": "Gross Margin",
        "user:%operatingMargin": "Operating Margin",
        "user:%netMargin": "Net Margin",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Quarterly Chart",
        "set_editable": [],
        "hidden_keys": [],
        "bar_keys": ["user:%grossMargin", "user:%operatingMargin", "user:%netMargin", "user:%freeCashFlowMargin"],
        "width": "full"
    }
})

Years and Quarters

Years Years The number of historical years used to render the annual chart and tables.	#
Quarters Quarters The number of historical quarters used to render the quarterly chart and tables.	#

Margin Analysis Report

Margins refer to the ratio between a financial report item and the revenue (example: Net Income Margin = Net Income / Revenue).

This analysis provides annual and quarterly sections for reporting key financial margins.

Annual Section

The annual section uses annual data to calculate margins and growth rates.

Income Statement Margins

Monetary values in USD amounts except #	LTM Mar 13	2025 Dec 31	2024 Dec 31	2023 Dec 31	2022 Dec 31
Revenue	3,777	3,777	3,583	3,487	3,322
Revenue Growth Rate	0%	5.42%	2.74%	4.97%	2.94%
Cost of Revenue	2,660	2,660	2,227	2,224	2,158
Gross Profit	1,117	1,117	1,356	1,263	1,164
Gross Margin	29.58%	29.58%	37.83%	36.23%	35.03%
Operating Income	510.9	510.9	496.5	404	379.3
Operating Margin	13.53%	13.53%	13.86%	11.58%	11.42%
Net Income	392.6	392.8	374.5	284.5	239.3
Net Margin	10.4%	10.4%	10.45%	8.16%	7.2%

Cash Flow Statement Margins

Monetary values in USD amounts except #	LTM Mar 13	2025 Dec 31	2024 Dec 31	2023 Dec 31	2022 Dec 31
Revenue	3,777	3,777	3,583	3,487	3,322
Cash from Operating Activities	570	570	643.4	575.2	478.6
Cash from Operating Activities Margin	15.09%	15.09%	17.96%	16.49%	14.41%
Free Cash Flow	295.6	299.6	349.2	256.8	163
Free Cash Flow Margin	7.83%	7.93%	9.75%	7.36%	4.91%
Depreciation and Amortization	287.4	287.4	263.8	248.6	233.7
Depreciation and Amortization Margin	7.61%	7.61%	7.36%	7.13%	7.03%
Capital Expenditure	-274.4	-270.4	-294.2	-318.4	-315.6
Capital Expenditure Margin	-7.27%	-7.16%	-8.21%	-9.13%	-9.5%

Annual Chart

Monetary values in USD

{"sectionId": "section-chart-1", "sectionType": "chart", "title": "Annual Chart", "timeseries": "annual", "series": [{"label": "Gross Margin", "mappingKey": "user:%grossMargin", "data": [{"l": "2022", "x": "2022-12-31", "y": 35.03}, {"l": "2023", "x": "2023-12-31", "y": 36.23}, {"l": "2024", "x": "2024-12-31", "y": 37.83}, {"l": "2025", "x": "2025-12-31", "y": 29.58}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Operating Margin", "mappingKey": "user:%operatingMargin", "data": [{"l": "2022", "x": "2022-12-31", "y": 11.42}, {"l": "2023", "x": "2023-12-31", "y": 11.58}, {"l": "2024", "x": "2024-12-31", "y": 13.86}, {"l": "2025", "x": "2025-12-31", "y": 13.53}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Net Margin", "mappingKey": "user:%netMargin", "data": [{"l": "2022", "x": "2022-12-31", "y": 7.2}, {"l": "2023", "x": "2023-12-31", "y": 8.16}, {"l": "2024", "x": "2024-12-31", "y": 10.45}, {"l": "2025", "x": "2025-12-31", "y": 10.4}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Free Cash Flow Margin", "mappingKey": "user:%freeCashFlowMargin", "data": [{"l": "2022", "x": "2022-12-31", "y": 4.91}, {"l": "2023", "x": "2023-12-31", "y": 7.36}, {"l": "2024", "x": "2024-12-31", "y": 9.75}, {"l": "2025", "x": "2025-12-31", "y": 7.93}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}], "editableDates": {}, "properties": {"display_table": false}, "width": "full"}

Quarterly Section

The quarterly section uses quarterly data to calculate margins and growth rates.

Income Statement Margins

Monetary values in USD amounts except #	2025 (Q4) Dec 31	2025 (Q3) Sep 30	2025 (Q2) Jun 30	2025 (Q1) Mar 31	2024 (Q4) Dec 31	2024 (Q3) Sep 30
Revenue	962.7	961.1	966	887.3	848.1	909.3
Revenue Growth Rate	0.167%	-0.505%	8.87%	4.62%	-6.73%
Cost of Revenue	766.7	673.3	668.9	550.9	518.7	558.5
Gross Profit	196	287.9	297.1	336.4	329.4	350.8
Gross Margin	20.36%	29.95%	30.76%	37.91%	38.84%	38.58%
Operating Income	112.4	139.1	146	113.4	120.1	138.3
Operating Margin	11.67%	14.47%	15.11%	12.79%	14.16%	15.21%
Net Income	74.34	127.8	111.7	78.8	100.9	100
Net Margin	7.72%	13.3%	11.57%	8.88%	11.9%	11%

Cash Flow Statement Margins

Monetary values in USD amounts except #	2025 (Q4) Dec 31	2025 (Q3) Sep 30	2025 (Q2) Jun 30	2025 (Q1) Mar 31	2024 (Q4) Dec 31	2024 (Q3) Sep 30
Revenue	962.7	961.1	966	887.3	848.1	909.3
Cash from Operating Activities	183.7	177.6	126	82.74	178.2	229.3
Cash from Operating Activities Margin	19.08%	18.48%	13.04%	9.32%	21.02%	25.21%
Free Cash Flow	96.87	114.3	61	23.41	107.7	149.5
Free Cash Flow Margin	10.06%	11.89%	6.31%	2.64%	12.7%	16.44%
Depreciation and Amortization	76.58	75.23	69.9	65.65	67.45	67.02
Depreciation and Amortization Margin	7.95%	7.83%	7.24%	7.4%	7.95%	7.37%
Capital Expenditure	-86.82	-63.31	-64.96	-59.34	-70.53	-79.79
Capital Expenditure Margin	-9.02%	-6.59%	-6.72%	-6.69%	-8.32%	-8.77%

Quarterly Chart

Monetary values in USD

{"sectionId": "section-chart-2", "sectionType": "chart", "title": "Quarterly Chart", "timeseries": "quarterly", "series": [{"label": "Gross Margin", "mappingKey": "user:%grossMargin", "data": [{"l": "2024 (Q3)", "x": "2024-09-30", "y": 38.58}, {"l": "2024 (Q4)", "x": "2024-12-31", "y": 38.84}, {"l": "2025 (Q1)", "x": "2025-03-31", "y": 37.91}, {"l": "2025 (Q2)", "x": "2025-06-30", "y": 30.76}, {"l": "2025 (Q3)", "x": "2025-09-30", "y": 29.95}, {"l": "2025 (Q4)", "x": "2025-12-31", "y": 20.36}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Operating Margin", "mappingKey": "user:%operatingMargin", "data": [{"l": "2024 (Q3)", "x": "2024-09-30", "y": 15.21}, {"l": "2024 (Q4)", "x": "2024-12-31", "y": 14.16}, {"l": "2025 (Q1)", "x": "2025-03-31", "y": 12.79}, {"l": "2025 (Q2)", "x": "2025-06-30", "y": 15.11}, {"l": "2025 (Q3)", "x": "2025-09-30", "y": 14.47}, {"l": "2025 (Q4)", "x": "2025-12-31", "y": 11.67}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Net Margin", "mappingKey": "user:%netMargin", "data": [{"l": "2024 (Q3)", "x": "2024-09-30", "y": 11}, {"l": "2024 (Q4)", "x": "2024-12-31", "y": 11.9}, {"l": "2025 (Q1)", "x": "2025-03-31", "y": 8.88}, {"l": "2025 (Q2)", "x": "2025-06-30", "y": 11.57}, {"l": "2025 (Q3)", "x": "2025-09-30", "y": 13.3}, {"l": "2025 (Q4)", "x": "2025-12-31", "y": 7.72}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Free Cash Flow Margin", "mappingKey": "user:%freeCashFlowMargin", "data": [{"l": "2024 (Q3)", "x": "2024-09-30", "y": 16.44}, {"l": "2024 (Q4)", "x": "2024-12-31", "y": 12.7}, {"l": "2025 (Q1)", "x": "2025-03-31", "y": 2.64}, {"l": "2025 (Q2)", "x": "2025-06-30", "y": 6.31}, {"l": "2025 (Q3)", "x": "2025-09-30", "y": 11.89}, {"l": "2025 (Q4)", "x": "2025-12-31", "y": 10.06}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}], "editableDates": {}, "properties": {"display_table": false}, "width": "full"}