ATR on NYSE

Aptar

Pharmaceutical Packaging Firm

AptarGroup, Inc., also known as Aptar, is a United States–based global manufacturer of consumer dispensing packaging and drug delivery devices. The group has manufacturing operations in 18 countries.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1992Founded1

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  • TickerATR on NYSE1
  • IndustryPlastics Products, NEC1
  • HeadquartersCrystal Lake1
  • Legal formDelaware corporation1
  • Incorporated inDE4
  • Business address265 Exchange Drive, Suite 301, Crystal Lake, Il 600144
  • Filer categoryLarge accelerated filer4

AptarGroup, Inc., also known as Aptar, is a United States–based global manufacturer of consumer dispensing packaging and drug delivery devices. The group has manufacturing operations in 18 countries.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

13.3%Operating margin6
10.4%Net margin6
5.4%Revenue growth, 20256
14.7%Return on equity6
$299.6MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Pharma brought in 46% of the revenue Aptar broke down this way in fiscal 2025.

  1. Pharma$1.7B646%up 6% from 2024
  2. Beauty$1.3B635%up 7% from 2024
  3. Closures$736.9M619%up 2% from 2024
Business segments by year
Business segments202320242025
Pharma$1.5B$1.6B$1.7B
Beauty$1.3B$1.2B$1.3B
Closures$706.8M$721.6M$736.9M

Regions

Other Europe brought in 23% of the revenue Aptar broke down this way in fiscal 2025.

  1. Other Europe$788.1M623%up 5% from 2024
  2. Other Foreign Countries$648.8M619%up 5% from 2024
  3. France$513.3M615%up 3% from 2024
  4. Asia$443.9M613%up 16% from 2024
  5. Latin America$296.4M69%up 4% from 2024
  6. Italy$201.9M66%up 12% from 2024
  7. Spain$195.4M66%up 14% from 2024
  8. China$194.4M66%up 25% from 2024
  9. Germany$163.9M65%down 4% from 2024
Regions by year
Regions202320242025
Other Europe$727.7M$748.3M$788.1M
Other Foreign Countries$586.5M$619.6M$648.8M
France$541.3M$499.8M$513.3M
Asia$341.4M$381.3M$443.9M
Latin America$289.2M$286.2M$296.4M
Italy$200.8M$180.1M$201.9M
Spain$175.1M$171.8M$195.4M
China$146.0M$155.5M$194.4M
Germany$160.8M$169.9M$163.9M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development3¢$105.1M
  • Other costs84¢$3.2B
  • Income tax3¢$98.9M
  • Profit10¢$392.8M

Out of $3.8B in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending36¢$270.4M
  • Dividends paid16¢$120.8M
  • Share buybacks48¢$365.0M

Out of $570.0M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.6

Financial statements

Revenue789106$3.8B in 2025+32% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $2.9B$2.9B20192020: $2.9B$2.9B2020+2%2021: $3.2B$3.2B2021+10%2022: $3.3B$3.3B2022+3%2023: $3.5B$3.5B2023+5%2024: $3.6B$3.6B2024+3%2025: $3.8B$3.8B2025+5%
Gross profit11$906.0M in 2020+4% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $874.4M$874.4M20192020: $906.0M$906.0M2020+4%
Operating income789106$501.0M in 2025+35% since 2019
0$200.0M$400.0M$600.0M2019: $371.7M$371.7M20192020: $339.5M$339.5M2020−9%2021: $347.3M$347.3M2021+2%2022: $379.3M$379.3M2022+9%2023: $404.0M$404.0M2023+7%2024: $496.5M$496.5M2024+23%2025: $501.0M$501.0M2025+1%
Net income789106$392.8M in 2025+62% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $242.2M$242.2M20192020: $214.0M$214.0M2020−12%2021: $244.1M$244.1M2021+14%2022: $239.3M$239.3M2022−2%2023: $284.5M$284.5M2023+19%2024: $374.5M$374.5M2024+32%2025: $392.8M$392.8M2025+5%

Every line of the income statement in the latest annual report, as filed.6

Period ending2025-12-312024-12-312023-12-31
Net Sales$3.8B$3.6B$3.5B
Cost of Sales (exclusive of depreciation and amortization):$2.4B$2.2B$2.2B
Selling, Research & Development and Administrative:$606.5M$582.2M$565.8M
Depreciation and amortization$287.4M$263.8M$248.6M
Restructuring initiatives$9.8M$13.0M$45.0M
Total Operating Expenses$3.3B$3.1B$3.1B
Operating Income$501.0M$496.5M$404.0M
Interest expense-$52.7M-$43.9M-$40.4M
Interest income$11.7M$12.1M$4.4M
Net investment (loss) gain-$483.0K$1.7M$1.4M
Equity in results of affiliates$7.4M$87.0K$2.2M
Gain from remeasurement of equity method investment$26.5M$0$0
Miscellaneous (expense) income, net-$2.0M$3.3M$3.2M
Total Other Expense-$9.7M-$26.7M-$29.2M
Income before Income Taxes$491.4M$469.8M$374.8M
Provision for Income Taxes$98.9M$95.6M$90.6M
Net Income$392.5M$374.2M$284.2M
Net Loss Attributable to Noncontrolling Interests$206.0K$363.0K$311.0K
Net Loss Attributable to Redeemable Noncontrolling Interests$86.0K$0$0
Net Income Attributable to AptarGroup, Inc.$392.8M$374.5M$284.5M
Basic (in dollars per share)$5.97$5.65$4.34
Diluted (in dollars per share)$5.89$5.53$4.25
Dividends per Common Share (in dollars per share)$1.83$1.72$1.58

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The story

The company began as Werner Die & Stamping in Cary, Illinois, in 1946 and later incorporated as AptarGroup in 1992. Aptar originally developed spray valves and pumps for consumer and household products. The company later began producing nasal administration and pulmonary drug delivery devices such as nasal spray systems and metered-dose inhaler valves. Biotech and pharmaceutical companies use Aptar's different Unidose and Bidose devices for the single or two-shot intranasal delivery of different medicines.

In 2016, Aptar announced that it provided the delivery system for Adapt Pharma's Narcan. Narcan is a naloxone hydrochloride nasal spray used as an emergency treatment for opioid overdoses. Aptar's liquid spray drug delivery technology platform works as a ready-to-use, single-shot, unit-dose system for Narcan. It was the first FDA approved nasally administered, ready-to-use medication used to reverse the effects of an opioid overdose. Narcan does not require any assembly, medical training, or needle injection.

In 2016, Aptar entered into an agreement with Becton Dickinson & Company to develop new self-injection devices.

Aptar entered into an agreement in 2016 with Propeller Health Partners to develop a digitally connected medication inhaler. The company made an investment in Propeller Health Partners (now part of Resmed) in 2018.

In July 2019, the FDA-approved Aptar Pharma's Unidose Powder System as the first intranasally-delivered, needle-free rescue treatment for severe hypoglycemia.

In 2020, during the COVID-19 pandemic, Aptar invested in new tools to accelerate its molding equipment and assembly machines for pumps, but it still wasn't enough to keep up with demand.

Acquisitions

In 2012, Aptar acquired Stelmi, a manufacturer of elastomer primary packaging components. In 2016, Aptar acquired Mega Airless, a manufacturer of airless packaging. In 2018, Aptar acquired CSP Technologies, a material science company that manufactures active packaging.

In June 2019, Aptar acquired two companies, Nanopharm and Gateway Analytical. In November 2019, the company acquired Noble International, which specializes in training devices and patient onboarding. In February 2020, Aptar acquired FusionPKG, a makeup packaging company.

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In November 2020, the company acquired the digital respiratory health company Cohero Health.

In July 2021 Aptar acquired the digital therapeutics company, Voluntis (ENXTPA: ALVTX), and 80% of the equity interests of Weihai Hengyu Medical Products Co., Ltd., a Chinese manufacturer of elastomeric and plastic components used in injectable drug delivery.

From Wikipedia’s article on AptarGroup, shared under CC BY-SA 4.0.5

Former names

  • APTARGROUP INCOct 17, 1995 to Dec 10, 20214

Timeline

  1. 1992Founded Founded1

Recent filings

  1. Sep 21, 20268-K
  2. Sep 11, 20263 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
  3. Sep 10, 20268-K
  4. Sep 3, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  5. Sep 2, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  6. Sep 2, 2026144
  7. Sep 1, 20268-K
  8. Aug 28, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  9. Aug 27, 2026144
  10. Aug 12, 2026SCHEDULE 13G/A
  11. Aug 5, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  12. Aug 4, 2026144
  13. Aug 4, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  14. Aug 3, 2026144
  15. Aug 3, 2026144

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

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