Bridgford Foods Corporation
BRID Consumer Defensive Packaged Foods
Bridgford Foods Corporation’s revenue for fiscal 2025 (year ended October 2025) was $231.0 million, up 3.28% from fiscal 2024. In the quarter to July 2026, revenue fell 9.51%, EPS fell 22.2%, free cash flow fell 616.6% and total debt rose 142.7%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Bridgford Foods Corporation (BRID) Altman Z-score
Bridgford Foods Corporation's Altman Z-score for fiscal 2025 is 3.88, in the safe zone (above 2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 3.88 | (0.61) |
| FY2024 | 4.49 | (0.15) |
| FY2023 | 4.64 | (0.77) |
| FY2022 | 5.41 | 2.27 |
| FY2021 | 3.15 | (0.45) |
| FY2020 | 3.60 | (1.66) |
| FY2019 | 5.26 | (0.75) |
| FY2018 | 6.01 | 0.88 |
| FY2017 | 5.13 | 0.56 |
| FY2016 | 4.57 | 0.06 |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.29 | — | 0.34 | |
| Retained earnings / total assets | 0.72 | — | 1.01 | |
| EBIT / total assets | (0.13) | — | −0.42 | |
| Market value of equity / total liabilities | 2.29 | — | 1.38 | |
| Sales / total assets | 1.57 | — | 1.57 | |
| Altman Z-score | Safe zone | 3.88 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 7.21 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| JVA Coffee Holding Co., Inc. compare | 4.5× |
| BRID Bridgford Foods Corporation | 3.9× |
| LFVN Lifevantage Corporation compare | 2.9× |
| FTLF FitLife Brands Inc. compare | 2.8× |
| HOST Healthy Choice Wellness Corp. compare | 1.9× |
| BHST BioHarvest Sciences Inc. compare | 0.3× |
| HAIN The Hain Celestial Group, Inc. compare | −0.1× |
| BOF BranchOut Food Inc. compare | −0.3× |
| LSF Laird Superfood, Inc. compare | −3.6× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets