BellRing Brands Inc.

BRBR Consumer Defensive Packaged Foods

BellRing Brands Inc.’s revenue for fiscal 2025 (year ended September 2025) was $2.3 billion, up 16.1% from fiscal 2024. In the quarter to June 2026, revenue grew 4.18%, EPS grew 70.6%, free cash flow grew 100.5% and total debt rose 12.5%, each against the same quarter a year earlier. Revenue growth for ten consecutive years; insiders bought in the last twelve months.

9.43 0.44 +4.89%
Market cap
$1.1B
P/E
6.6×
Fwd P/E
6.3×
Dividend yield
—
F-score
4/9
Altman Z
6.59
Beneish M
−2.67
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.09
Total sells 0.13
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — 1 — — 1 — — — 1 —
Sell 1 1 — — — — — — — — — —
Insider Ownership 2.01%

Capital & Financial Ratios $m

Market Cap 1,050.00
Revenue 2,354.60
Net Income 171.40
Free Cash Flow 225.00
Net Debt 1,084.30
Current Ratio 2.25 (at or above 1.5: strong)
Debt/Equity (2.43) (negative: negative equity)
P/E ratio 6.59
Fwd P/E 6.26
P/S ratio 0.47
P/B ratio 0.00
Past 5Y EPS Growth 22.87% (at or above 15%: strong)
This Y EPS Growth (51.88%) (below 0%: weak)
Next Y EPS Growth 26.09% (at or above 15%: strong)
Next Y revenue growth 1.92%
Next 5Y EPS Growth (11.05%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 4.83%
10-year low 10-year high
P/S against its own 10 years 3.04%
10-year low 10-year high
EV/Sales against its own 10 years 1.87%
10-year low 10-year high
EV/FCF against its own 10 years 15.57%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2018 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 48 71 89 51
Receivables 168 220 223 216
Inventory 194 286 330 481
Other — — — —
424 593 666 780
2023 2024 2025 Q'26
Payables 89 121 120 168
ST’ Debt — — — —
Other 61 83 163 178
150 204 283 346

Compound Annual Growth %

10y 5y 3y
Sales — 18.57% 19.09%
Cash Flow — 21.80% 131.52%
Earnings — 55.87% 37.98%
Book Value — 0.00% 0.00%

Revenue $m

Dec Mar Jun Sep Year
’26 537 599 570 — —
’25 533 588 548 648 2,317
’24 430 495 515 556 1,996
’23 363 386 446 473 1,667
’22 307 315 371 379 1,372
’21 282 282 343 340 1,247
’20 244 258 204 283 988
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Dec Mar Jun Sep Year
’26 (3) (11) 79 — —
’25 3 48 40 169 261
’24 74 16 69 40 200
’23 36 (16) 110 85 216
’22 (9) 27 (6) 10 21
’21 23 51 72 80 226
’20 (25) 20 32 70 97
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Dec Mar Jun Sep Year
’26 (7) (13) 77 — —
’25 2 48 39 168 256
’24 74 16 69 39 198
’23 36 (16) 110 84 214
’22 (10) 26 (6) 9 19
’21 23 50 72 79 225
’20 (26) 19 32 69 95
Fiscal quarters ending in the months shown.

EPS $

Dec Mar Jun Sep Year
’26 0.36 0.29 0.29 — —
’25 0.59 0.45 0.16 0.48 1.68
’24 0.33 0.43 0.56 0.55 1.86
’23 0.33 0.23 0.33 0.35 1.23
’22 0.21 0.02 0.29 0.25 0.88
’21 0.20 0.02 0.24 0.25 0.70
’20 0.15 0.11 0.08 0.26 0.60
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.9
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — 15.65 13.56 20.36 20.20 24.52 48.06 22.45

Analyst estimates 2026–2028

Powerpack
High — — — 24.03 25.41 34.19 28.95 57.00 79.90 80.67
People
People Employees — — 380 400 390 355 380 420 485 530
Revenue/emp, $m 0.00 0.00 2.18 2.14 2.53 3.51 3.61 3.97 4.12 4.37
Income, $m
Income, $m Revenue 575 713 828 854 988 1,247 1,372 1,667 1,996 2,317
Gross margin, % 27.21 31.28 33.56 36.49 34.20 30.97 30.75 31.81 35.43 33.26
EBT 32 66 120 163 109 123 146 220 329 289
EBT margin, % 5.52 9.26 14.48 19.02 11.06 9.88 10.62 13.22 16.50 12.48
Net income 20 0 96 123 100 114 116 166 247 216
Depreciation 25 25 26 25 25 54 21 28 37 19
Per share, $
Per share, $ Revenue 14.58 18.28 0.00 0.00 25.08 31.57 14.67 12.53 15.32 18.26
Earnings 0.50 0.89 2.44 0.00 0.60 0.70 0.88 1.24 1.89 1.70
Cash flow 1.03 2.06 0.00 0.00 2.47 5.72 0.22 1.62 1.53 2.05
Capex 0.00 0.00 0.00 0.00 (0.05) (0.04) (0.02) (0.01) (0.01) (0.04)
Free cash flow 1.03 2.06 0.00 0.00 2.41 5.68 0.21 1.61 1.52 2.02
Book value 0.00 12.42 0.00 0.00 (55.40) (77.54) (4.02) (2.43) (1.58) (3.58)
Shares, m 39 39 0 0 39 40 94 133 130 127
Valuation, ×
Valuation, × P/E 2.37 2.37 2.37 2.37 35.15 43.31 26.77 33.06 31.96 21.26
P/S 0.00 0.00 0.00 0.00 0.83 0.97 1.41 3.27 3.96 1.99
P/B 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EV/Sales (0.01) (0.01) (0.01) (0.01) 1.47 1.33 2.08 3.78 4.36 2.44
EV/FCF (0.06) (0.06) (0.06) (0.06) 15.30 7.42 148.74 29.44 44.03 22.05
Cash, $m
Cash, $m Operating cash flow 41 80 141 98 97 226 21 216 200 261
Capex (4) (4) (5) (3) (2) (2) (2) (2) (2) (5)
Free cash flow 41 80 136 95 95 225 19 214 198 256
Balance, $m
Balance, $m Working capital — 89 69 127 137 137 278 274 389 383
Total debt — — — — 686 598 930 857 833 1,084
Net debt — (8) (11) (5) 638 445 894 808 762 995
Shareholders’ equity — 484 — 486 (2,183) (3,063) (376) (323) (206) (454)
Returns, %
Returns, % ROA 0.00 6.12 0.00 0.00 3.77 4.09 11.73 23.66 32.25 24.32
ROIC — 0.00 0.00 21.12 0.00 0.00 25.65 37.03 43.57 41.27
ROE 0.00 7.48 0.00 0.00 (2.77) (1.05) (4.79) (47.31) (93.12) (65.54)
Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Charts ten years each

BellRing Brands Inc. vs peers in Packaged Foods (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NOMD Nomad Foods Limited $1.6B 11.5× 7.2× −0.76% (below 0%: shrinking) −2.38% (below 0%: shrinking) +24.23% (above 0%: growing) 28.91% 12.24% Compare
HLF Herbalife Ltd $1.5B 9.1× 5.5× +5.38% (above 0%: growing) n/m −70.49% (below 0%: shrinking) 77.67% 9.67% Compare
JJSF J & J Snack Foods Corp. $1.5B 30.1× 23.2× −6.24% (below 0%: shrinking) −16.74% (below 0%: shrinking) +4.83% (above 0%: growing) 35.45% 10.86% Compare
FLO Flowers Foods, Inc. $1.3B 23.5× 11.0× −4.02% (below 0%: shrinking) −32.14% (below 0%: shrinking) +9.81% (above 0%: growing) 48.45% 5.71% Compare
SENEA Seneca Foods Corp. $1.2B 9.7× 13.4× +36.21% (above 0%: growing) +33.33% (above 0%: growing) +116.37% (above 0%: growing) 11.81% 6.47% Compare
BRBR BellRing Brands Inc. $1.1B 6.6× 6.3× +4.18% (above 0%: growing) +70.59% (above 0%: growing) +100.52% (above 0%: growing) 28.63% 11.47%
SMPL The Simply Good Foods Company $984.6M — (loss-making) 17.9× −6.29% (below 0%: shrinking) n/m −38.61% (below 0%: shrinking) 32.52% (13.97%) Compare
WEST Westrock Coffee Company $835.7M — (loss-making) — (loss-making) +8.83% (above 0%: growing) n/m +174.43% (above 0%: growing) 12.35% (0.44%) Compare
JBSS John B. Sanfilippo & Son, Inc. $773.1M 12.6× 11.5× +4.22% (above 0%: growing) −37.93% (below 0%: shrinking) −56.98% (below 0%: shrinking) 15.74% 4.43% Compare
Median of peers $1.3B 12.1× 11.5× +1.73% −16.74% +7.32% 30.72% 6.09%

All 71 Packaged Foods stocks →

BellRing Brands Inc. (BRBR) key facts

  • Strength: BellRing Brands Inc.’s revenue for fiscal 2025 (year ended September 2025) was $2.3 billion, up 16.1% from fiscal 2024.
  • BellRing Brands Inc. (BRBR) is a Packaged Foods company in the Consumer Defensive sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, BRBR traded at $9.43, a market capitalization of $1.1 billion.
  • Return on equity was −65.5% and debt-to-equity -2.43.
  • Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 6.59 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

BellRing Brands Inc. (BRBR) Latest News

11 Aug

stockrow.com/BRBR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com