TREDEGAR CORP
Business
Tredegar Corporation manufactures aluminum extrusions and high-performance plastic films through two reportable segments. Aluminum Extrusions produces soft and medium strength alloyed aluminum extrusions, custom fabricated and finished, for building & construction, automotive, consumer durables, machinery, electrical and renewable energy, and distribution markets, sold primarily in the U.S. High Performance Films produces surface protection films, advanced packaging films, and specialty films for optical substrates, flat panel and flexible displays, and automotive applications, sold primarily in the U.S. and Asia.
Summary from 10-K filed 2026-03-11
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Sales | 723 | 598 | 573 | 762 | 826 | |
| Other income (expense), net | 1 | −952,000 | −2 | 1 | 20 | |
| Total revenues, net of other expenses | 724 | 597 | 571 | 763 | 847 | |
| Selling, general and administrative | 79 | 73 | 65 | 70 | 75 | |
| Research and development | 702,000 | 711,000 | 3 | 5 | 6 | |
| Amortization of identifiable intangibles | 2 | 2 | 2 | 2 | 2 | |
| Accrued pension and postretirement benefits | 57,000 | 217,000 | 11 | 15 | 14 | |
| Interest and Debt Expense | 4 | 5 | 6 | 4 | 3 | |
| Asset impairments and costs associated with exit and disposal activities, net of adjustments | 855,000 | 613,000 | 5 | 622,000 | 1 | |
| OPEB termination gain | −6 | 0 | 0 | — | — | |
| Pension settlement loss and (gain) on Other Post-Retirement Benefits termination | 0 | 0 | 92 | 0 | 0 | |
| Goodwill impairment | 0 | 13 | 35 | 0 | 0 | |
| Total | 694 | 596 | 722 | 753 | 780 | |
| Income (loss) from continuing operations before income taxes | 31 | 880,000 | −150 | 10 | 67 | |
| Income tax expense (benefit) | 7 | −200,000 | −51 | −3 | 9 | |
| Net income (loss) from continuing operations | 24 | 1 | −99 | 13 | 58 | |
| Disposal Group, Including Discontinued Operation, Operating Income (Loss) | 9 | −66 | −7 | 16 | — | |
| Net income (loss) | 33 | −65 | −106 | 28 | 58 | |
| Continuing operations (in usd per share) | 0.69 | 0.03 | −2.91 | 0.37 | 1.72 | |
| Discontinued operations (in usd per share) | 0.27 | −1.91 | −0.19 | 0.47 | — | |
| Earnings Per Share, Basic | 0.96 | −1.88 | −3.1 | 0.84 | 1.72 | |
| Continuing operations (in usd per share) | 0.69 | 0.03 | −2.91 | 0.37 | 1.72 | |
| Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share | 0.27 | −1.91 | −0.19 | 0.47 | — | |
| Net income (in usd per share) | 0.96 | −1.88 | −3.1 | 0.84 | 1.72 | |
| Weighted Average Number of Shares Issued, Basic | 35 | 34 | 34 | 34 | 34 | |
| Weighted Average Number of Shares Outstanding, Diluted, Adjustment | 35 | 34 | 34 | 34 | 34 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 7 | 7 | 10 | 19 | 31 | |
| Accounts and other receivables, net | 82 | 65 | 56 | 85 | 103 | |
| Income taxes recoverable | 47,000 | 0 | 1 | 733,000 | 3 | |
| Inventories | 65 | 51 | 50 | 128 | 89 | |
| Prepaid expenses and other | 16 | 17 | 9 | 10 | 11 | |
| Total current assets | 169 | 140 | 177 | 243 | 236 | |
| Land and land improvements | 4 | 5 | 5 | 5 | 5 | |
| Buildings | 68 | 68 | 65 | 71 | 69 | |
| Machinery and equipment | 437 | 427 | 426 | 456 | 424 | |
| Total property, plant and equipment | 509 | 499 | 496 | 532 | 498 | |
| Less: accumulated depreciation | −376 | −362 | −345 | −346 | −328 | |
| Net property, plant and equipment | 133 | 137 | 151 | 186 | 170 | |
| Right-of-use leased assets | 13 | 15 | 11 | 14 | 14 | |
| Identifiable intangible assets, net | 6 | 7 | 9 | 12 | 14 | |
| Goodwill | 22 | 22 | 36 | 71 | 71 | |
| Deferred income tax assets | 26 | 33 | 23 | — | — | |
| Other assets | 2 | 2 | 3 | 3 | 2 | |
| Noncurrent assets of discontinued operations | 0 | 126,000 | 36 | — | 0 | |
| Total assets | 371 | 356 | 446 | 542 | 524 | |
| Accounts payable | 76 | 65 | 69 | 115 | 124 | |
| Accrued expenses | 25 | 22 | 19 | 32 | 33 | |
| Lease liability, short-term | 2 | 2 | 2 | 2 | 2 | |
| Short-term debt | 498,000 | 1 | 126 | 0 | — | |
| Income taxes payable | 455,000 | 320,000 | 183,000 | 1 | 9 | |
| Current liabilities of discontinued operations | 0 | 741,000 | 33 | 0 | 193,000 | |
| Total current liabilities | 104 | 92 | 249 | 150 | 169 | |
| Lease liability, long-term | 11 | 13 | 10 | 13 | 13 | |
| ABL revolving facility | 35 | 61 | 0 | 137 | 73 | |
| Pension and other postretirement benefit obligations, net | 1 | 6 | 7 | 35 | 78 | |
| Deferred income tax liabilities | 0 | 69,000 | 0 | — | — | |
| Other non-current liabilities | 4 | 4 | 4 | 6 | 6 | |
| Total liabilities | 155 | 175 | 291 | 340 | 339 | |
| Contingencies (Note 14) | — | — | — | — | — | |
| Common stock, no par value (authorized 150,000,000 shares, issued and outstanding 34,737,534 shares at December 31, 2025 and 34,661,272 at December 31, 2024) | 65 | 64 | 62 | 59 | 55 | |
| Common stock held in trust for savings restoration plan (118,542 shares at December 31, 2025 and 118,543 shares at December 31, 2024) | −2 | −2 | −2 | −2 | −2 | |
| Foreign currency translation adjustment | 6 | 5 | −83 | −86 | −86 | |
| Gain (loss) on derivative financial instruments | 1 | 268,000 | 801,000 | −2 | 901,000 | |
| Pension and other postretirement benefit adjustments | −215,000 | 826,000 | 539,000 | −59 | −65 | |
| Retained earnings | 147 | 113 | 178 | 293 | 281 | |
| Total shareholders equity | 217 | 181 | 156 | 202 | 185 | |
| Total liabilities and shareholders equity | 371 | 356 | 446 | 542 | 524 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation | 20 | 24 | 26 | 24 | 22 | |
| Amortization of identifiable intangibles | 2 | 2 | 2 | 3 | — | |
| Goodwill impairment | 0 | 13 | 35 | 0 | 0 | |
| Reduction of right-of-use lease asset | 2 | 2 | 2 | 2 | 2 | |
| Deferred income taxes | 6 | −8 | −56 | 544,000 | −5 | |
| Accrued pension and postretirement benefits | 161,000 | 217,000 | 11 | 15 | 14 | |
| Stock-based compensation expense | 2 | 2 | 2 | 4 | 5 | |
| Gain on investment in kaleo | 0 | −144,000 | −262,000 | −1 | −12 | |
| (Gain) loss on sale of divested business | 10 | −75 | 0 | 0 | — | |
| Production equipment asset impairment | 843,000 | 0 | 0 | — | — | |
| Gain on the sale of assets | −1 | 0 | 0 | — | — | |
| Impairment of Richmond, Virginia Technical Center assets | 0 | 0 | 3 | 0 | 0 | |
| Accounts and other receivables | −17 | −15 | 17 | 19 | −17 | |
| Inventories | −14 | −7 | 48 | −38 | −23 | |
| Income taxes recoverable/payable | 89,000 | 137,000 | −406,000 | −6 | 9 | |
| Prepaid expenses and other | 2 | −7 | 1 | −3 | 4 | |
| Accounts payable and accrued expenses | 14 | 10 | −25 | −15 | 20 | |
| Lease liability | −2 | −3 | −2 | −2 | −2 | |
| Pension and postretirement benefit plan contributions | −557,000 | −587,000 | −28 | −51 | −6 | |
| Other, net | 2 | 2 | 3 | 870,000 | 310,000 | |
| Net cash provided by (used in) operating activities | 33 | 26 | 24 | −21 | 71 | |
| Capital expenditures | −17 | −14 | −26 | −37 | −27 | |
| Proceeds from the sale of kaleo | 0 | 144,000 | 262,000 | 1 | 47 | |
| Net proceeds on sale of divested business | 10 | 55 | 0 | 0 | 0 | |
| Proceeds from the sale of assets | 2 | 83,000 | 0 | 10,000 | 5 | |
| Net cash provided by (used in) investing activities | −6 | 41 | −26 | −35 | 24 | |
| Borrowings | 123 | 615 | 116 | 314 | — | |
| Repayments of Long-Term Lines of Credit | −150 | −680 | −108 | −250 | −137 | |
| Dividends paid | 0 | 0 | −9 | −17 | −16 | |
| Debt financing costs | −1 | −587,000 | −4 | −1 | 0 | |
| Net cash provided by (used in) financing activities: | −28 | −65 | −4 | 45 | −77 | |
| Effect of exchange rate changes on cash | 347,000 | −7 | 896,000 | −371,000 | 484,000 | |
| Increase (decrease) in cash and cash equivalents | −333,000 | −6 | −6 | −11 | 19 | |
| Interest payments | 4 | 14 | 10 | 4 | 3 | |
| Income tax payments, net | 3 | 12 | 2 | 11 | 5 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is TREDEGAR CORP's CIK number?
TREDEGAR CORP's SEC CIK number is 0000850429 (850429). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find TREDEGAR CORP's SEC filings?
All of TREDEGAR CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did TREDEGAR CORP last report earnings?
TREDEGAR CORP (TG) most recently filed an earnings 8-K with the SEC on May 8, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-032559). This is TREDEGAR CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is TREDEGAR CORP's most recent earnings 8-K?
TREDEGAR CORP's latest earnings 8-K (Item 2.02) was filed May 8, 2026 under accession 0001628280-26-032559. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View TREDEGAR CORP's latest earnings 8-K →
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