---
schema_version: "secwatch.filing_event.v1"
accession: "0000850429-22-000004"
form_type: "8-K"
ticker: "TG"
cik: "0000850429"
company_name: "TREDEGAR CORP"
filed_at: "2022-03-11T23:59:59+00:00"
generated_at: "2026-06-26T23:46:02.548040+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tredegar Q4 GAAP net income jumps to $21.4M; ongoing ops net income falls to $6.2M

## Summary
- Q4 GAAP net income $21.4M ($0.63 diluted) vs $6.5M ($0.19) YoY; ongoing ops net income $6.2M ($0.18) vs $9.7M ($0.29).
- Full year 2021 GAAP net income $57.9M ($1.72) vs net loss $16.8M ($0.51) in 2020.
- Segment EBITDA from ongoing ops: Aluminum Extrusions $10.9M (down $2.8M), PE Films $6.7M (down $4.5M), Flexible Packaging $6.4M (down $1.7M).
- Debt net of cash declined ~$80M in 2021; received $47.1M from sale of kaléo investment.
- Approved $28M capex for new ERP/MES systems expected to generate $9M annual benefits once fully implemented.

## SEC filing metadata
- accession: 0000850429-22-000004
- form_type: 8-K
- ticker: TG
- cik: 0000850429
- company_name: TREDEGAR CORP
- filed_at: 2022-03-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/850429/000085042922000004/0000850429-22-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/850429/000085042922000004/tg-20220311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000850429-22-000004
- JSON: https://secwatch.observer/filing/0000850429-22-000004.json
- Plain text: https://secwatch.observer/filing/0000850429-22-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.