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Company profile

Reynolds Consumer Products Inc.

Updated

Overview

Reynolds Consumer Products Inc. is a household consumer-products manufacturer and seller focused primarily on the U.S. market. Its products support cooking, serving, clean-up and storage, with key brands including Reynolds and Hefty as well as store brands. Its business is organized into four segments: Reynolds Cooking & Kitchen Essentials, Hefty Waste & Clean-Up, Hefty Home & Tableware, and Hefty Storage & Organization.[1][2]

The company’s products include foil, wraps, disposable bakeware, trash and food-storage bags, and disposable tableware and cutlery. It sells in Canada and select other international markets, and reports that its products are present in 95% of U.S. households.[3] Reynolds Consumer Products was formed in 2010; its stated purpose is to make household products that simplify daily life so people can enjoy what matters most.[8] It generated $3.721 billion in net revenue in FY2025 and reported more than 6,000 employees in 2023.[9][10] [1]

Products & services

Reynolds Consumer Products’ products include cooking and kitchen items, waste and clean-up products, disposable tableware, and food-storage products. Reynolds Cooking & Kitchen Essentials includes aluminum foil, disposable aluminum pans, parchment and other specialty papers, plastic wrap, baking cups, oven bags and slow-cooker liners. Brands include Reynolds Wrap, Reynolds Kitchens, EZ Foil, ALCAN and Diamond. Product features include foil made with 100% recycled aluminum, chlorine-free unbleached parchment and coreless wax paper.[3]

Hefty Waste & Clean-Up includes trash bags such as Hefty Ultra Strong, Strong, Essentials and Brute, with variations in size, strength, scent, color and closure; the range also includes compostable and recycled-material options.[4] Hefty Home & Tableware offers disposable and compostable plates, bowls, platters, containers, cups and cutlery, including Hefty ECOSAVE compostable cutlery.[5] Hefty Storage & Organization includes food-storage and freezer bags with different closures, as well as compostable and recycled-material bags sold under brands including Hefty Slider, Press to Close and Compostable. Its business-to-business products include Fresh-Lock and Slide-Rite resealable closure systems supplied to other consumer-products companies.[6][11]

For the six months ended June 30, 2026, reported segment revenues were $629 million for Cooking & Kitchen Essentials, $457 million for Waste & Clean-Up, $397 million for Home & Tableware, and $335 million for Storage & Organization. These equal approximately 34.5%, 25.1%, 21.8% and 18.4%, respectively, of consolidated revenue of $1,821 million; the percentages are calculated from the reported figures.[12] [3]

Geographic presence

Reynolds Consumer Products’ operations are concentrated in the United States and Canada. At December 31, 2025, it operated 29 manufacturing and warehouse facilities across 12 U.S. states, plus one manufacturing facility and one warehouse in Canada. Its corporate headquarters are in Lake Forest, Illinois, and Canada is identified as its only foreign jurisdiction of operation.[13][14]

The company had approximately 6,000 employees at December 31, 2025, most located at U.S. and Canadian manufacturing facilities; no country-by-country employee breakdown is reported.[15] Its products are sold in the United States and select international markets, with some brands and products marketed in Canada and other regions. The company reports a presence in 95% of U.S. households, but does not provide a geographic revenue breakdown in the reviewed filings.[7] [13]

Business segments

For the year ended December 31, 2025, Reynolds Consumer Products reported four business segments. Approximate shares below are each segment’s net revenues divided by consolidated net revenues of $3,721 million.[19][20]

Reynolds Cooking & Baking sells branded and store-brand cooking and baking products, including foil, disposable aluminum pans, paper products, plastic wrap, baking cups, oven bags and slow-cooker liners. FY2025 net revenues were $1,259 million, or approximately 33.8% of consolidated net revenues.[21][20]

Hefty Waste & Storage focuses on branded and store-brand trash and food-storage bags. FY2025 net revenues were $1,003 million, approximately 27.0%.[22][20] Hefty Tableware sells branded and store-brand disposable and compostable tableware, including plates, bowls, platters, containers, cups and cutlery. FY2025 net revenues were $850 million, approximately 22.8%.[23][20]

Presto Products primarily supplies store-brand food-storage bags, trash bags and plastic wrap, and also provides Fresh-Lock and Slide-Rite resealable closure systems to other consumer-products companies. FY2025 net revenues were $614 million, approximately 16.5%.[24][20] [19]

Company history

Reynolds Consumer Products’ roots trace to U.S. Foil Company, established in 1919. Reynolds Wrap foil was first sold in a box in 1946; the brand also identifies 1947 as the start of its place in kitchens. The product range later expanded to include items such as wax paper, baking cups and oven bags, while Hefty was introduced in the United States in 1965.[25]

Reynolds Consumer Products says it was formed in 2010 around legacy brands including Reynolds, Hefty and Presto. That same year, its parent, Reynolds Group, completed the acquisition of Pactiv.[8][28] Reynolds Consumer Products filed for an IPO in 2019 and completed it on February 4, 2020, separating from the former Pactiv Evergreen group.[29][30] [30]

Sources

  • Reynolds Consumer Products Inc. — Full financial report (2026 Q 2)
    11 citations
  • www.reynoldsconsumerproducts.com[8]
  • Reynolds Consumer Products Inc. — Full financial report (2025 Y)
    11 citations
  • www.reynoldsconsumerproducts.com[10]
  • www.sec.gov[18]
  • www.reynoldsbrands.com[25]
  • www.reynoldsbrands.com[26]
  • heftybrands.ca[27]
  • www.sec.gov[28]
  • www.sec.gov[29]

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