Loading…
Maker of dispensing pumps, sprayers and closures for beauty, personal-care, pharma and food packaging.
Maker of dispensing pumps, sprayers and closures for beauty, personal-care, pharma and food packaging.
Sells small, precision dispensing parts to brand owners, which design them into their products and rarely switch. The pharma unit, selling nasal-spray and inhaler components, carries the strongest margins, while beauty and food are more cyclical.
Moat: narrow (switching costs, IP / patents, customer qualification). Pharma devices require regulatory qualification, locking in multi-year supply relationships.
Headquarters: Crystal Lake, Illinois, US · Founded: 1992 · Employees: 14,000
Size AptarGroup (ATR) is a United States Materials company (Containers/Packaging) with a market value of $9.03B, the 829th largest of 3,117 United States companies the cockpit tracks. Shares closed at $142.50 on 6 Nov 2026.
Performance Over six months the shares gained 17.8%, against +5.7% for the median peer and -1.1% for the United States market (cap-weighted) — 5th highest of 21 in its peer set.
Growth Revenue grew 9.0% over the last twelve months (peer median +4.0%); the operating margin is 12.1% (peer median 9.1%).
Valuation It trades at 23.4× forward earnings against a peer median of 18.4× (3rd most expensive of 20).
Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +5%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.4 points above its cost of capital (6.3% WACC).
Credit AptarGroup has 2 bonds outstanding ($1.00B), rated BBB by the agencies and trading like BBB at a weighted spread of 85 bp.
Short interest Short interest is 3.3% of the free float (15 Oct 2026).
Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $3.99B | $3.78B | $3.58B | $3.49B | $3.32B |
| Revenue growth | — | +5% | +3% | +5% | — |
| Gross profit | $1.12B | $1.12B | $1.09B | $1.01B | $930M |
| EBITDA | $792M | $800M | $777M | $712M | $614M |
| Net income | $267M | $393M | $375M | $284M | $239M |
| Free cash flow | $295M | $300M | $367M | $263M | $168M |
| Capital expenditure | $281M | $275M | $294M | $318M | $316M |
| Total debt | $1.42B | $1.55B | $1.09B | $1.20B | $1.24B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| AptarGroup ATR | $9.03B | +18% | +9% | 12% | 23.4× | 4.3% |
| Amcor AMCR | $20.7B | +14% | +57% | 9% | n/a | 5.8% |
| Silgan SLGN | $4.34B | +2% | +4% | 10% | 10.2× | -5.8% |
| Gerresheimer GXI.DE | $1.21B | +24% | +9% | -4% | 18.0× | 55.8% |
| West Pharmaceutical Services WST | $27.9B | +23% | +13% | 23% | 39.8× | 25.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ATR | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +17.0% | +5.3% | highest of 21 |
| 6-month return | +17.8% | +5.7% | 5th highest of 21 |
| Distance from 52-week high | -4.1% | -17.0% | 4th highest of 21 |
| Revenue growth (TTM) | +9.0% | +4.0% | 7th highest of 21 |
| Operating margin | 12.1% | 9.1% | 6th highest of 21 |
| Forward P/E | 23.4× | 18.4× | 3rd most expensive of 20 |
| Growth the price implies (Req g, 7 yrs) | 4.3% | 5.0% | 10th least demanding of 19 |
| Growth delivered (Del g) | +5.2% | +7.5% | 5th lowest of 19 |
| Hurdle (Req g minus delivered) | -0.9 pp | -6.8 pp | 6th most demanding of 19 |
| ROIC minus cost of capital | +3.4 pp | +1.1 pp | 7th highest of 21 |
| EV / EBITDA | 13.0× | 8.9× | 2nd most expensive of 16 |
| Net debt / EBITDA | 1.5× | 3.0× | 4th least indebted of 17 |
| Bond spread | 85 bp | 100 bp | 4th tightest of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| AptarGroup ATR | United States | $9.03B | +18% | +9% | 12% | 23.4× | 4.3% | +5.2% |
| Stora Enso STEAV.HE | Finland | $8.58B | 0% | -1% | -4% | 18.4× | n/a | n/a |
| Owens Corning OC | United States | $9.59B | 0% | -11% | 14% | 15.3× | 3.6% | +7.4% |
| Yunnan Energy New Material (Group) 002812.SZ | China | $7.55B | -38% | +50% | 17% | 19.8× | 7.8% | +26.1% |
| SIG SIGN.SW | Switzerland | $7.07B | +23% | -5% | 5% | 20.5× | 18.4% | +9.4% |
| CCL Industries CCL-B.TO | Canada | $11.8B | +17% | +5% | 15% | 18.7× | 1.3% | +7.9% |
| Crown CCK | United States | $13.1B | +20% | +14% | 12% | 13.9× | -4.7% | +5.7% |
| China International Marine Containers (Group) 000039.SZ | China | $6.19B | -23% | 0% | 4% | 18.7× | -9.2% | +10.7% |
| Jiangsu Sidike New Materials Science & Technology 300806.SZ | China | $5.33B | -17% | +12% | 4% | 154.7× | n/a | n/a |
| Shenzhen YUTO Packaging Technology 002831.SZ | China | $5.19B | 0% | +1% | 11% | 20.8× | -0.4% | +7.9% |
| Sonoco Products SON | United States | $4.99B | -2% | +4% | 10% | 9.0× | -1.9% | +7.5% |
| Ball BALL | United States | $17.2B | +13% | +21% | 11% | 15.3× | 6.4% | +2.3% |
| Mondi MNDI.L | United Kingdom | $4.69B | +5% | +5% | 4% | 36.1× | 15.4% | +2.1% |
| Silgan SLGN | United States | $4.34B | +2% | +4% | 10% | 10.2× | -5.8% | +5.7% |
| Oji 3861.T | Japan | $4.31B | -3% | 0% | 2% | 20.6× | 20.4% | +6.5% |
| Greif GEF | United States | $3.95B | +7% | -2% | 8% | 16.1× | 7.9% | -4.7% |
| Amcor AMCR | United States | $20.7B | +14% | +57% | 9% | n/a | 5.8% | +12.8% |
| Toyo Seikan 5901.T | Japan | $3.69B | +34% | +6% | 6% | 20.4× | -2.7% | +5.2% |
| Packaging Corporation of America PKG | United States | $22.2B | +12% | +12% | 13% | 17.8× | 4.3% | +6.2% |
| Vidrala VID.MC | Spain | $3.63B | +18% | -3% | 21% | 14.6× | 5.8% | +8.2% |
| Smurfit Westrock SW | United States | $23.1B | +7% | +1% | 5% | 15.1× | 13.5% | +26.2% |
AptarGroup has 2 bonds outstanding with $1.00B face value. The agencies rate it BBB; its bonds trade like BBB. Weighted yield 5.50%, a spread of 85 bp over government bonds.