Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Newell Brands

Nasdaq:NWL
Snowflake Description

Established dividend payer and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NWL
Nasdaq
$5B
Market Cap
  1. Home
  2. US
  3. Consumer Durables
Company description

Newell Brands Inc. designs, manufactures, sources, and distributes consumer and commercial products worldwide. The last earnings update was 32 days ago. More info.


Add to Portfolio Compare Print
  • Newell Brands has significant price volatility in the past 3 months.
NWL Share Price and Events
7 Day Returns
-11.3%
NasdaqGS:NWL
-7.3%
US Consumer Durables
-1.1%
US Market
1 Year Returns
-23.8%
NasdaqGS:NWL
-25.9%
US Consumer Durables
-13.6%
US Market
NWL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Newell Brands (NWL) -11.3% -21.3% -35.3% -23.8% -73.9% -69.9%
US Consumer Durables -7.3% -36.5% -37.8% -25.9% -29.2% -27%
US Market -1.1% -17.8% -22.5% -13.6% 4.9% 16.3%
1 Year Return vs Industry and Market
  • NWL outperformed the Consumer Durables industry which returned -25.9% over the past year.
  • NWL underperformed the Market in United States of America which returned -13.6% over the past year.
Price Volatility
NWL
Industry
5yr Volatility vs Market

Value

 Is Newell Brands undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Newell Brands to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Newell Brands.

NasdaqGS:NWL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 10 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:NWL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.731 (1 + (1- 21%) (118.32%))
1.278
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.28
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (1.278 * 5.44%)
8.69%

Discounted Cash Flow Calculation for NasdaqGS:NWL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Newell Brands is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NasdaqGS:NWL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.69%)
2020 877.67 Analyst x3 807.48
2021 769.70 Analyst x3 651.52
2022 731.60 Analyst x2 569.74
2023 731.85 Est @ 0.03% 524.36
2024 735.85 Est @ 0.55% 485.06
2025 742.50 Est @ 0.9% 450.31
2026 751.08 Est @ 1.15% 419.08
2027 761.07 Est @ 1.33% 390.70
2028 772.13 Est @ 1.45% 364.68
2029 784.01 Est @ 1.54% 340.68
Present value of next 10 years cash flows $5,003.00
NasdaqGS:NWL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $784.01 × (1 + 1.74%) ÷ (8.69% – 1.74%)
$11,473.54
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $11,473.54 ÷ (1 + 8.69%)10
$4,985.58
NasdaqGS:NWL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $5,003.00 + $4,985.58
$9,988.58
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $9,988.58 / 447.97
$22.3
NasdaqGS:NWL Discount to Share Price
Calculation Result
Value per share (USD) From above. $22.30
Current discount Discount to share price of $12.07
= -1 x ($12.07 - $22.30) / $22.30
45.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Newell Brands is available for.
Intrinsic value
46%
Share price is $12.07 vs Future cash flow value of $22.3
Current Discount Checks
For Newell Brands to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Newell Brands's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Newell Brands's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Newell Brands's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Newell Brands's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:NWL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.44
NasdaqGS:NWL Share Price ** NasdaqGS (2020-04-02) in USD $12.07
United States of America Consumer Durables Industry PE Ratio Median Figure of 44 Publicly-Listed Consumer Durables Companies 7.21x
United States of America Market PE Ratio Median Figure of 2,943 Publicly-Listed Companies 12.9x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Newell Brands.

NasdaqGS:NWL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:NWL Share Price ÷ EPS (both in USD)

= 12.07 ÷ 0.44

27.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Newell Brands is overvalued based on earnings compared to the US Consumer Durables industry average.
  • Newell Brands is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Newell Brands's expected growth come at a high price?
Raw Data
NasdaqGS:NWL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 27.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
40.4%per year
United States of America Consumer Durables Industry PEG Ratio Median Figure of 34 Publicly-Listed Consumer Durables Companies 0.62x
United States of America Market PEG Ratio Median Figure of 2,006 Publicly-Listed Companies 0.95x

*Line of best fit is calculated by linear regression .

NasdaqGS:NWL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 27.45x ÷ 40.4%

0.68x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Newell Brands is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Newell Brands's assets?
Raw Data
NasdaqGS:NWL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $11.72
NasdaqGS:NWL Share Price * NasdaqGS (2020-04-02) in USD $12.07
United States of America Consumer Durables Industry PB Ratio Median Figure of 69 Publicly-Listed Consumer Durables Companies 0.78x
United States of America Market PB Ratio Median Figure of 5,140 Publicly-Listed Companies 1.25x
NasdaqGS:NWL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:NWL Share Price ÷ Book Value per Share (both in USD)

= 12.07 ÷ 11.72

1.03x

* Primary Listing of Newell Brands.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Newell Brands is overvalued based on assets compared to the US Consumer Durables industry average.
X
Value checks
We assess Newell Brands's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Durables industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Durables industry average (and greater than 0)? (1 check)
  5. Newell Brands has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Newell Brands expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
40.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Newell Brands expected to grow at an attractive rate?
  • Newell Brands's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Newell Brands's earnings growth is expected to exceed the United States of America market average.
  • Newell Brands's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:NWL Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:NWL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts 40.4%
NasdaqGS:NWL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts -1.1%
United States of America Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 8%
United States of America Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:NWL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:NWL Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 9,407 1,002 3
2021-12-31 9,430 1,023 474 10
2020-12-31 9,353 1,119 410 10
2020-04-03
NasdaqGS:NWL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 9,715 1,044 186
2019-09-30 8,308 923 -415
2019-06-30 8,406 1,061 -6,686
2019-03-31 8,532 881 -6,807
2018-12-31 10,154 680 -6,633
2018-09-30 9,550 1,172 -5,246
2018-06-30 9,468 783 1,590
2018-03-31 9,273 828 1,571
2017-12-31 11,170 966 2,434
2017-09-30 11,199 968 838
2017-06-30 12,687 1,298 913
2017-03-31 14,040 1,838 1,034

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Newell Brands's earnings are expected to grow significantly at over 20% yearly.
  • Newell Brands's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:NWL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below

All data from Newell Brands Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:NWL Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 1.12 1.18 1.05 2.00
2020-12-31 0.96 1.03 0.89 2.00
2020-04-03
NasdaqGS:NWL Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.44
2019-09-30 -0.96
2019-06-30 -15.12
2019-03-31 -14.86
2018-12-31 -14.00
2018-09-30 -10.87
2018-06-30 3.26
2018-03-31 3.22
2017-12-31 5.00
2017-09-30 1.72
2017-06-30 1.89
2017-03-31 2.18

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Newell Brands is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Newell Brands's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Newell Brands has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Newell Brands performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Newell Brands's growth in the last year to its industry (Consumer Durables).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Newell Brands's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Newell Brands has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Newell Brands has become profitable in the last year making it difficult to compare the US Consumer Durables industry average.
Earnings and Revenue History
Newell Brands's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Newell Brands Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:NWL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 9,714.90 186.10 2,263.80 149.00
2019-09-30 8,308.30 -414.50 2,142.40 135.00
2019-06-30 8,406.40 -6,685.90 2,140.60 135.00
2019-03-31 8,531.50 -6,806.70 2,201.80 135.00
2018-12-31 10,154.00 -6,632.80 2,485.70 151.00
2018-09-30 9,550.30 -5,246.00 2,415.30 158.00
2018-06-30 9,468.20 1,590.40 2,497.40 158.00
2018-03-31 9,272.90 1,570.70 2,519.50 158.00
2017-12-31 11,170.40 2,434.30 2,749.10 175.00
2017-09-30 11,198.70 837.90 2,546.40 188.00
2017-06-30 12,686.70 913.30 2,794.30 188.00
2017-03-31 14,039.70 1,033.60 3,039.50 188.00
2016-12-31 9,181.10 -38.30 2,463.60 147.00
2016-09-30 10,688.90 282.90 2,523.80 112.60
2016-06-30 8,264.30 230.50 1,959.60 112.60
2016-03-31 5,966.60 242.80 1,373.80 112.60
2015-12-31 5,915.70 259.30 1,372.90 113.00
2015-09-30 5,880.90 388.40 1,347.10 107.50
2015-06-30 5,835.40 377.30 1,340.70 107.50
2015-03-31 5,776.70 378.20 1,339.80 107.50
2014-12-31 5,727.00 373.10 1,316.10 107.50
2014-09-30 5,666.30 440.20 1,319.60 102.90
2014-06-30 5,647.90 439.40 1,288.30 102.90
2014-03-31 5,580.50 404.40 1,270.60 102.90
2013-12-31 5,607.00 416.40 1,272.80 102.90
2013-09-30 5,588.90 401.30 1,260.00 116.10
2013-06-30 5,579.70 385.30 1,275.10 116.10

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Newell Brands has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Newell Brands used its assets less efficiently than the US Consumer Durables industry average last year based on Return on Assets.
  • Newell Brands has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Newell Brands's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Durables industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Newell Brands has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Newell Brands's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Newell Brands's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Newell Brands is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Newell Brands's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Newell Brands's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Newell Brands Company Filings, last reported 3 months ago.

NasdaqGS:NWL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 4,996.00 5,710.80 348.60
2019-09-30 4,168.50 6,311.70 465.40
2019-06-30 5,004.60 6,736.30 624.50
2019-03-31 4,983.10 7,252.90 364.10
2018-12-31 5,253.20 7,015.00 495.70
2018-09-30 6,026.20 9,613.10 1,443.60
2018-06-30 13,991.20 10,502.90 2,279.40
2018-03-31 14,167.30 11,156.10 459.00
2017-12-31 14,181.30 10,551.00 485.70
2017-09-30 12,770.00 11,475.40 792.30
2017-06-30 12,278.20 11,393.80 780.20
2017-03-31 12,029.80 11,210.00 687.50
2016-12-31 11,384.40 11,892.80 587.50
2016-09-30 11,462.30 12,779.80 670.00
2016-06-30 11,343.10 13,014.60 627.30
2016-03-31 1,778.70 11,388.10 8,180.90
2015-12-31 1,826.40 3,066.50 274.90
2015-09-30 1,788.30 2,740.70 266.20
2015-06-30 1,783.10 2,880.90 238.70
2015-03-31 1,699.00 2,839.70 215.40
2014-12-31 1,854.90 2,493.70 199.40
2014-09-30 2,029.00 2,210.00 132.60
2014-06-30 2,103.60 2,086.50 142.70
2014-03-31 2,073.50 2,015.60 136.80
2013-12-31 2,075.00 1,871.90 226.30
2013-09-30 2,193.10 1,730.40 197.40
2013-06-30 2,040.50 2,113.60 154.10
  • Newell Brands's level of debt (114.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (134.8% vs 114.3% today).
  • Debt is not well covered by operating cash flow (18.3%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.7x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Newell Brands's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Newell Brands has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Newell Brands's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
7.62%
Current annual income from Newell Brands dividends. Estimated to be 7.67% next year.
If you bought $2,000 of Newell Brands shares you are expected to receive $152 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Newell Brands's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (2%).
  • Newell Brands's dividend is above the markets top 25% of dividend payers in United States of America (5.56%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:NWL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
United States of America Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 3.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1943 Stocks 3.1%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2%
United States of America Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:NWL Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.94 3.00
2021-12-31 0.92 6.00
2020-12-31 0.92 6.00
2020-04-03
NasdaqGS:NWL Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-05 0.920 6.148
2019-11-05 0.920 4.732
2019-11-04 0.920 4.509
2019-11-01 0.920 4.438
2019-05-07 0.920 5.704
2019-02-06 0.920 5.743
2018-11-09 0.920 4.387
2018-08-10 0.920 4.684
2018-05-15 0.920 3.599
2018-02-14 0.920 3.432
2017-11-08 0.920 3.099
2017-08-09 0.920 2.150
2017-05-08 0.920 1.737
2017-02-10 0.760 1.597
2016-11-10 0.760 1.634
2016-08-11 0.760 1.467
2016-05-12 0.760 1.551
2016-02-12 0.760 1.788
2015-11-12 0.760 1.851
2015-08-13 0.760 1.797
2015-05-14 0.760 1.838
2015-02-12 0.760 1.929
2014-11-13 0.680 1.840
2014-08-14 0.680 1.994
2014-08-08 0.680 2.042
2014-07-31 0.680 2.068
2014-05-09 0.680 2.218
2014-05-02 0.680 2.348
2014-02-13 0.600 1.980
2013-11-07 0.600 1.940
2013-08-08 0.600 2.203
2013-05-09 0.600 2.224
2013-02-07 0.600 2.389
2012-10-26 0.600 2.732
2012-08-09 0.400 2.130
2012-05-10 0.400 2.233
2012-02-09 0.320 1.770
2011-11-10 0.320 1.964
2011-08-11 0.320 2.431
2011-04-29 0.320 2.036
2011-02-10 0.200 1.037
2010-11-10 0.200 1.112
2010-08-12 0.200 1.175
2010-05-13 0.200 1.255
2010-02-11 0.200 1.289
2009-11-12 0.200 1.360
2009-08-06 0.200 1.375
2009-05-07 0.200 1.799

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Newell Brands's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
X
Income/ dividend checks
We assess Newell Brands's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Newell Brands afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Newell Brands has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Newell Brands's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ravi Saligram
COMPENSATION $7,569,502
AGE 62
TENURE AS CEO 0.5 years
CEO Bio

Mr. Ravichandra K. Saligram, also known as Ravi, has been Chief Executive Officer, President and Director of Newell Brands Inc. since October 2, 2019. Mr. Saligram was the Chief Executive Officer and Non-Independent Director of Ritchie Bros until October 1, 2019. Mr. Saligram served as an Interim President for the United States and Latin America of Ritchie Bros. Auctioneers Incorporated since December 31, 2016. Mr. Saligram served as the Chief Executive Officer and President of OfficeMax Incorporated since November 8, 2010 to 2013. He served as a Co-Chief Executive Officer at Office Depot, Inc. from November 2010 to November 13, 2013. From 2003 through November 2010, Mr. Saligram served in executive management positions with ARAMARK Corporation. He served as the Principal Executive Officer and President of Aramark Japan Inc., Aramark Asia Management LLC and Aramark India Holdings LLC. He was responsible for all of ARAMARK's businesses outside the United States and Canada. He served as President of ARAMARK International at ARAMARK Corporation from November 2004 to November 2010 and served as its Executive Vice President from November 2006 to November 2010. He served as Chief Globalization Officer of ARAMARK Corporation until November 5, 2010. He served as a Senior Vice President of ARAMARK Corporation from November 8, 2004 to December 2006 and joined it in 2003. He has more than 20 years of general management experience at ARAMARK, Intercontinental Hotels Group and SC Johnson. He has a range of international experience and a strong background in consumer services. From 1994 to 2002, he served in various capacities for the InterContinental Hotels Group including as President of Brands & Franchise, North America for the InterContinental Hotels Group from October 2000 to July 2002. He served as InterContinental Hotels Group's Chief Marketing Officer & Managing Director, Global Strategy from August 1999 to September 2000 and President, International and President, Asia Pacific from June 1998 to July 1999. Mr. Saligram served in various general and brand management positions with S. C. Johnson & Son, Inc., (SC Johnson Wax) in the United States and overseas. He started his career in account management with Leo Burnett Company based in Chicago. He has business, leadership and management experience, including expertise in the omnichannel provision of products, services and solutions. Mr. Saligram has been an Independent Director of Church & Dwight Co. Inc. since August 9, 2006. He serves as a Director of Aim Service Co. Ltd. He serves as a Trustee of the Eisenhower Fellowships. Mr. Saligram served as a Director of OfficeMax Inc. since November 8, 2010 until 2013. He is a Board Member and Vice Chairman of the World Affairs Council of Philadelphia and Dean's Advisory Council at the College of Arts & Sciences of New York University. He served as a Director of Office Depot, Inc. since November 2013. Mr. Saligram holds a Bachelor of Science degree in Electrical Engineering from Bangalore University in India and holds a Masters of Business Administration degree from the University of Michigan.

CEO Compensation
  • Insufficient data for Ravi to compare compensation growth.
  • Ravi's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Newell Brands management team in years:

1.3
Average Tenure
51
Average Age
  • The average tenure for the Newell Brands management team is less than 2 years, this suggests a new team.
Management Team

Ravi Saligram

TITLE
President
COMPENSATION
$8M
AGE
62
TENURE
0.5 yrs

Chris Peterson

TITLE
CFO & President of Business Operations
COMPENSATION
$8M
AGE
53
TENURE
1.3 yrs

Brad Turner

TITLE
Chief Legal & Administrative Officer and Corporate Secretary
COMPENSATION
$4M
AGE
46
TENURE
2.7 yrs

Laurel Hurd

TITLE
President of the Learning & Development Segment
COMPENSATION
$2M
AGE
49
TENURE
1.2 yrs

Robert Schmidt

TITLE
Chief Accounting Officer
TENURE
1.1 yrs

Nancy O'Donnell

TITLE
Senior Vice President of Investor Relations & Corporate Communications
TENURE
12.1 yrs

Steve Parsons

TITLE
Chief Human Resources Officer
AGE
54
TENURE
0.5 yrs

Ron Hardnock

TITLE
Senior VP of Finance
AGE
49

Nate Young

TITLE
Senior Vice President of Design & Ideation

David Hammer

TITLE
Business Unit CEO of Appliances & Cookware
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the Newell Brands board of directors in years:

2.1
Average Tenure
61.5
Average Age
  • The average tenure for the Newell Brands board of directors is less than 3 years, this suggests a new board.
Board of Directors

Patrick Campbell

TITLE
Independent Non-Executive Chairman of the Board
COMPENSATION
$452K
AGE
66
TENURE
2.1 yrs

Ravi Saligram

TITLE
President
COMPENSATION
$8M
AGE
62
TENURE
0.5 yrs

Jim Craigie

TITLE
Independent Director
COMPENSATION
$283K
AGE
65
TENURE
2.2 yrs

Judy Sprieser

TITLE
Independent Director
COMPENSATION
$266K
AGE
66
TENURE
1.9 yrs

Courtney Mather

TITLE
Independent Director
COMPENSATION
$281K
AGE
42
TENURE
2.1 yrs

Robert Steele

TITLE
Independent Director
COMPENSATION
$269K
AGE
64
TENURE
2 yrs

Steve Strobel

TITLE
Independent Director
COMPENSATION
$289K
AGE
61
TENURE
14.1 yrs

Michael Todman

TITLE
Independent Director
COMPENSATION
$285K
AGE
61
TENURE
13.3 yrs

Debra Crew

TITLE
Independent Director
COMPENSATION
$269K
AGE
48
TENURE
2.2 yrs

Brett Icahn

TITLE
Independent Director
COMPENSATION
$266K
AGE
40
TENURE
2.1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Newell Brands individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
16. Mar 20 Buy Brett Icahn Individual 12. Mar 20 13. Mar 20 121,304 $11.90 $1,440,385
16. Mar 20 Buy Laurel Hurd Individual 12. Mar 20 12. Mar 20 4,000 $12.80 $51,200
11. Mar 20 Buy Icahn Capital LP Company 09. Mar 20 11. Mar 20 2,585,201 $13.57 $34,656,512
11. Mar 20 Buy Brett Icahn Individual 09. Mar 20 09. Mar 20 238,676 $13.22 $3,154,127
09. Mar 20 Buy Brett Icahn Individual 05. Mar 20 05. Mar 20 100,000 $14.47 $1,447,300
09. Mar 20 Buy Christopher Peterson Individual 06. Mar 20 06. Mar 20 10,000 $14.09 $140,930
09. Mar 20 Buy Ravichandra Saligram Individual 05. Mar 20 05. Mar 20 35,000 $14.52 $508,344
05. Mar 20 Buy Brett Icahn Individual 03. Mar 20 04. Mar 20 320,902 $16.39 $5,124,190
06. Mar 20 Buy Robert Schmidt Individual 04. Mar 20 04. Mar 20 2,500 $15.07 $37,670
12. Nov 19 Buy James Craigie Individual 07. Nov 19 07. Nov 19 12,500 $20.00 $250,000
19. Aug 19 Buy Michael Todman Individual 15. Aug 19 15. Aug 19 5,000 $15.76 $78,800
X
Management checks
We assess Newell Brands's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Newell Brands has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Don't Race Out To Buy Newell Brands Inc. (NASDAQ:NWL) Just Because It's Going Ex-Dividend

View our latest analysis for Newell Brands Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. … Newell Brands reported a loss last year, so it's not great to see that it has continued paying a dividend. … Final Takeaway Should investors buy Newell Brands for the upcoming dividend?

Simply Wall St -

Independent Director Michael Todman Just Bought Shares In Newell Brands Inc. (NASDAQ:NWL)

See our latest analysis for Newell Brands Newell Brands Insider Transactions Over The Last Year In the last twelve months, the biggest single purchase by an insider was when Director Brett Icahn bought US$2.0m worth of shares at a price of US$20.05 per share. … NasdaqGS:NWL Recent Insider Trading, August 21st 2019 Does Newell Brands Boast High Insider Ownership? … When combined with notable insider ownership, these factors suggest Newell Brands insiders are well aligned, and that they may think the share price is too low.

Simply Wall St -

Here's Why Newell Brands (NASDAQ:NWL) Has A Meaningful Debt Burden

NasdaqGS:NWL Historical Debt, August 20th 2019 How Healthy Is Newell Brands's Balance Sheet? … Over the most recent three years, Newell Brands recorded free cash flow worth 74% of its EBIT, which is around normal, given free cash flow excludes interest and tax. … Looking at the balance sheet and taking into account all these factors, we do believe that debt is making Newell Brands stock a bit risky.

Simply Wall St -

Some Newell Brands (NASDAQ:NWL) Shareholders Have Taken A Painful 75% Share Price Drop

There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … Over the three years that the share price declined, Newell Brands's earnings per share (EPS) dropped significantly, falling to a loss. … We note that for Newell Brands the TSR over the last 3 years was -72%, which is better than the share price return mentioned above.

Simply Wall St -

Is Newell Brands Inc. (NASDAQ:NWL) Potentially Undervalued?

Let’s take a look at Newell Brands’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. … NasdaqGS:NWL Past and Future Earnings, June 25th 2019 Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. … Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations.

Simply Wall St -

Does Newell Brands Inc. (NASDAQ:NWL) Have A Place In Your Dividend Stock Portfolio?

Dividend paying stocks like Newell Brands Inc. … (NASDAQ:NWL) tend to be popular with investors, and for good reason - some research suggests a significant amount of all stock market returns come from reinvested dividends. Yet sometimes, investors buy a stock for its dividend and lose money because the share price falls by more than they earned in dividend payments. In this case, Newell Brands likely looks attractive to investors, given its 6.6% dividend yield and a payment history of over ten years. We'd guess that plenty of investors have purchased it for the income. The company also bought back stock during the year, equivalent to approximately 26% of the company's market capitalisation at the time. When buying stocks for their dividends, you should always run through the checks below, to see if the dividend looks sustainable. Click the interactive chart for our full dividend analysis NasdaqGS:NWL Historical Dividend Yield, June 4th 2019 Payout ratios Dividends are typically paid from company earnings. If a company pays more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. Comparing dividend payments to a company's net profit after tax is a simple way of reality-checking whether a dividend is sustainable. Although Newell Brands pays a dividend, it was loss-making during the past year. When a company is loss-making, we next need to check to see if its cash flows can support the dividend. Newell Brands paid out 81% of its cash flow last year. This may be sustainable but it does not leave much of a buffer for unexpected circumstances. Is Newell Brands's Balance Sheet Risky? Given Newell Brands is paying a dividend but reported a loss over the past year, we need to check its balance sheet for signs of financial distress. A rough way to check this is with these two simple ratios: a) net debt divided by EBITDA (earnings before interest, tax, depreciation and amortisation), and b) net interest cover. Net debt to EBITDA is a measure of a company's total debt. Net interest cover measures the ability to meet interest payments on debt. Essentially we check that a) a company does not have too much debt, and b) that it can afford to pay the interest. … Newell Brands has been paying dividends for a long time, but for the purpose of this analysis, we only examine the past 10 years of payments.

Simply Wall St -

Need To Know: Newell Brands Inc. (NASDAQ:NWL) Insiders Have Been Buying Shares

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … It is perfectly legal for company insiders, including board members, to buy and sell stock in a company. … Newell Brands Insider Transactions Over The Last Year.

Simply Wall St -

Is Newell Brands Inc.'s (NASDAQ:NWL) CEO Pay Justified?

Mike Polk became the CEO of Newell Brands Inc. … This analysis aims first to contrast CEO compensation with other large companies. … How Does Mike Polk's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Should You Worry About Newell Brands Inc.’s (NASDAQ:NWL) ROCE?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Company Info

Description

Newell Brands Inc. designs, manufactures, sources, and distributes consumer and commercial products worldwide. The company operates through four segments: Appliances and Cookware, Food and Commercial, Home and Outdoor Living, and Learning and Development. The Appliances and Cookware segment offers household products, including kitchen appliances, gourmet cookware, bakeware, and cutlery under the Calphalon, Crock-Pot, Mr. Coffee, Oster, and Sunbeam brands. The Food and Commercial segment offers food storage and home storage products, and fresh preserving products, vacuum sealing products, commercial cleaning and maintenance solutions, hygiene systems, and material handling solutions under the Ball, FoodSaver, Rubbermaid, Sistema, Rubbermaid Commercial Products, Mapa, Quickie, and Spontex brands. The Home and Outdoor Living segment offers products for outdoor and outdoor-related activities, home fragrance, and connected home and security products under the Chesapeake Bay Candle, Coleman, Contigo, ExOfficio, First Alert, Marmot, WoodWick, and Yankee Candle brands. The Learning and Development segment offers writing instruments, including markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products; labeling solutions; and baby gear and infant care products under the Aprica, Baby Jogger, Dymo, Elmer’s, EXPO, Graco, Mr. Sketch, NUK, Paper Mate, Parker, Prismacolor, Sharpie, Tigex Waterman, and X-Acto brands. It markets its products to clubs, department stores, drug/grocery stores, mass merchants, specialty retailers, distributors and e-commerce companies, home centers, sporting goods retailers, warehouse clubs, office superstores and supply stores, contract stationers, and travel retail, as well as sells directly to consumers via on-line. Newell Brands Inc. was formerly known as Newell Rubbermaid Inc. and changed its name to Newell Brands Inc. in April 2016. The company was founded in 1903 and is based in Atlanta, Georgia.

Details
Name: Newell Brands Inc.
NWL
Exchange: NasdaqGS
Founded: 1903
$5,407,045,793
447,973,968
Website: http://www.newellbrands.com
Address: Newell Brands Inc.
6655 Peachtree Dunwoody Road,
Atlanta,
Georgia, 30328,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS NWL Common Stock Nasdaq Global Select US USD 02. May 1972
DB NWL Common Stock Deutsche Boerse AG DE EUR 02. May 1972
LSE 0K7J Common Stock London Stock Exchange GB USD 02. May 1972
BMV NWL * Common Stock Bolsa Mexicana de Valores MX MXN 02. May 1972
BOVESPA N1WL34 BDR EACH REPR 1 COM Bolsa de Valores de Sao Paulo BR BRL 30. Dec 2019
Number of employees
Current staff
Staff numbers
30,000
Newell Brands employees.
Industry
Housewares and Specialties
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 01:12
End of day share price update: 2020/04/02 00:00
Last estimates confirmation: 2020/03/30
Last earnings filing: 2020/03/02
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.