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SunOpta Inc. (STKL) 10-Year Financial Performance & Capital Metrics

STKL • • Industrial / General
Consumer DefensivePackaged FoodsPlant-Based & Alternative ProteinsDehydrated & Functional Foods
AboutSunOpta Inc. manufactures and sells plant-based and fruit-based food and beverage products to retail customers, foodservice distributors, branded food companies, and food manufacturers worldwide. The company operates through two segments, Plant-Based Foods and Beverages, and Fruit-Based Foods and Beverages. The Plant-Based Foods and Beverages segment provides plant-based beverages, and liquid and dry ingredients that utilizes almond, soy, coconut, oat, hemp, and other bases, as well as broths, teas, and nutritional beverages. This segment also packages dry- and oil-roasted in-shell sunflower and sunflower kernels; and processes and sells raw sunflower inshell and kernel for food and feed applications. The Fruit-Based Foods and Beverages segment offers individually quick frozen (IQF) fruits, such as strawberries, blueberries, mangos, pineapples, blends, and other berries for retail; and IQF and bulk frozen fruits, including purées, toppings, and smoothies for foodservice, and custom fruit preparations for industrial use. This segment also provides fruit snacks comprising bars, twists, ropes, and bite-sized products. The company was formerly known as Stake Technology Ltd. and changed its name to SunOpta Inc. in October 2003. SunOpta Inc. was founded in 1973 and is headquartered in Eden Prairie, Minnesota.Show more
  • Revenue $724M +15.5%
  • EBITDA $52M +44.5%
  • Net Income -$17M +90.3%
  • EPS (Diluted) -0.15 +90.3%
  • Gross Margin 13.31% -3.0%
  • EBITDA Margin 7.2% +25.2%
  • Operating Margin 2.15% +170.2%
  • Net Margin -2.4% +91.6%
  • ROE -10.87% +85.5%
  • ROIC 2.15% +257.5%
  • Debt/Equity 2.40 -0.8%
  • Interest Coverage 0.57 +195.9%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Efficient asset utilization: 1.1x turnover

✗Weaknesses

  • ✗High debt to equity ratio of 2.4x
  • ✗Weak momentum: RS Rating 18 (bottom 18%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-5.26%
5Y0.06%
3Y13.39%
TTM11.29%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM101.73%

EPS CAGR

10Y-
5Y-
3Y-
TTM93.18%

ROCE

10Y Avg1.44%
5Y Avg1.14%
3Y Avg2.14%
Latest3.09%

Peer Comparison

Dehydrated & Functional Foods
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Quality & Returns
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Momentum & Returns
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
BOFBranchOut Food Inc.45.23M3.38-4.07130.6%-49.75%-109.16%3.45
STKLSunOpta Inc.550.89M4.66-31.0715.48%0.04%0.19%3.29%2.40

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+1.15B1.35B1.28B1.26B721.6M789.21M496.45M591.39M626.73M723.73M
Revenue Growth %-0.08%0.18%-0.05%-0.01%-0.43%0.09%-0.37%0.19%0.06%0.15%
Cost of Goods Sold+1.03B1.22B1.13B1.14B656.09M680.14M415.31M493.26M540.73M627.42M
COGS % of Revenue0.9%0.91%0.89%0.9%0.91%0.86%0.84%0.83%0.86%0.87%
Gross Profit+110.36M125.95M145.09M123.47M65.5M109.08M81.14M98.14M86M96.3M
Gross Margin %0.1%0.09%0.11%0.1%0.09%0.14%0.16%0.17%0.14%0.13%
Gross Profit Growth %-0.23%0.14%0.15%-0.15%-0.47%0.67%-0.26%0.21%-0.12%0.12%
Operating Expenses+90.7M109.96M138.7M119.29M48.92M120.16M72.9M81.8M81M80.71M
OpEx % of Revenue0.08%0.08%0.11%0.09%0.07%0.15%0.15%0.14%0.13%0.11%
Selling, General & Admin85.75M98.68M127.51M108.25M80.6M89.46M64.78M78.47M78.65M79.41M
SG&A % of Revenue0.07%0.07%0.1%0.09%0.11%0.11%0.13%0.13%0.13%0.11%
Research & Development7.77M233K00000000
R&D % of Revenue0.01%0%--------
Other Operating Expenses-12.15M-28.29M-23.66M-2.83M-31.68M30.7M8.13M3.33M2.35M1.31M
Operating Income+11.89M15.76M6.38M1.95M16.58M-11.09M8.24M16.34M5M15.59M
Operating Margin %0.01%0.01%0%0%0.02%-0.01%0.02%0.03%0.01%0.02%
Operating Income Growth %-0.73%0.33%-0.59%-0.69%7.5%-1.67%1.74%0.98%-0.69%2.12%
EBITDA+32.9M49.91M39.21M34.74M45.85M19.22M26.87M39.39M36.04M52.09M
EBITDA Margin %0.03%0.04%0.03%0.03%0.06%0.02%0.05%0.07%0.06%0.07%
EBITDA Growth %-0.5%0.52%-0.21%-0.11%0.32%-0.58%0.4%0.47%-0.09%0.45%
D&A (Non-Cash Add-back)21.01M34.15M32.82M32.79M29.27M30.31M18.63M23.05M31.04M36.5M
EBIT3.33M-42.27M-140.63M-110.17M14.77M-23.23M7.15M15.07M2.51M16.3M
Net Interest Income+-15.67M-43.27M-32.5M-34.41M-32.77M-30.04M-8.77M-13.16M-25.32M-24.91M
Interest Income000285K906K852K269K334K495K2.31M
Interest Expense15.67M43.27M32.5M34.69M33.67M30.89M9.04M13.49M25.82M27.22M
Other Income/Expense-3.39M-23.8M-35.83M-5.38M-32.77M-38.96M-7.55M-13.16M-26.91M-25.59M
Pretax Income+-6.52M-74.36M-170.4M-114.52M-16.18M-50.04M689K3.19M-21.91M-10M
Pretax Margin %-0.01%-0.06%-0.13%-0.09%-0.02%-0.06%0%0.01%-0.03%-0.01%
Income Tax+-3.39M-23.8M-35.83M-5.38M-3.1M-7.65M-4.85M896K3.27M1.47M
Effective Tax Rate %3.45%0.69%0.79%0.95%0.05%-1.65%-1.7%-2.02%8.16%1.74%
Net Income+-22.47M-51.19M-135.32M-109.2M-758K82.43M-1.17M-6.43M-178.79M-17.39M
Net Margin %-0.02%-0.04%-0.11%-0.09%-0%0.1%-0%-0.01%-0.29%-0.02%
Net Income Growth %-2.72%-1.28%-1.64%0.19%0.99%109.74%-1.01%-4.49%-26.79%0.9%
Net Income (Continuing)-3.13M-50.56M-134.57M-109.14M-13.08M-42.39M5.54M2.29M-25.18M-11.47M
Discontinued Operations000012.32M124.82M-6.71M-8.72M-153.61M-5.92M
Minority Interest5.14M2.73M1.57M1.5M1.89M000015.05M
EPS (Diluted)+-0.31-0.60-1.57-1.25-0.01-0.50-0.05-0.07-1.55-0.15
EPS Growth %-2.63%-0.94%-1.62%0.2%0.99%-0.9%-0.43%-20%0.9%
EPS (Basic)-0.31-0.60-1.57-1.25-0.01-0.50-0.05-0.01-1.55-0.15
Diluted Shares Outstanding72.41M85.57M86.36M87.08M87.79M89.23M104.1M107.66M114.23M116.62M
Basic Shares Outstanding72.41M85.57M86.22M87.08M87.79M89.23M104.1M107.66M114.23M116.62M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+597.05M549.7M528.58M533.42M489.95M249.32M329.97M302.36M182.8M159.46M
Cash & Short-Term Investments2.27M1.25M3.23M3.28M1.5M251K227K679K306K1.55M
Cash Only2.27M1.25M3.23M3.28M1.5M251K227K679K306K1.55M
Short-Term Investments0000000000
Accounts Receivable139.14M160.17M137.16M139.16M79.3M79.66M92.96M63.59M67.74M50.43M
Days Sales Outstanding44.3543.4139.1240.2840.1136.8468.3539.2439.4525.43
Inventory371.22M368.48M354.98M361.96M323.55M147.75M220.14M74.44M85.07M92.8M
Days Inventory Outstanding130.94110.17114.21116.1618079.29193.4755.0857.4253.98
Other Current Assets64.33M00065.05M00163.65M29.69M14.68M
Total Non-Current Assets+622.15M579.86M453.6M363.32M433.4M336.29M425.15M553.5M484.35M509.07M
Property, Plant & Equipment176.51M162.24M163.62M171.03M252.98M193.22M266.78M371.07M424.99M449.31M
Fixed Asset Turnover6.49x8.30x7.82x7.37x2.85x4.08x1.86x1.59x1.47x1.61x
Goodwill241.69M223.61M109.53M27.96M28.42M4M4M4M4M4M
Intangible Assets195.01M183.52M172.06M160.97M150.01M133.32M148.44M23.65M21.86M20.08M
Long-Term Investments0000-9.03M-25.41M0007.46M
Other Non-Current Assets7.98M9.44M8.02M3.17M1.99M5.76M5.93M151.07M33.5M28.22M
Total Assets+1.22B1.13B982.17M896.74M923.36M585.62M755.12M855.85M667.15M668.53M
Asset Turnover0.94x1.19x1.30x1.41x0.78x1.35x0.66x0.69x0.94x1.08x
Asset Growth %0.9%-0.07%-0.13%-0.09%0.03%-0.37%0.29%0.13%-0.22%0%
Total Current Liabilities+379.67M392.04M410.05M446.35M405.66M136.45M143.39M161.03M158.24M169.43M
Accounts Payable110.85M89.03M94.99M115.3M64.09M73.2M105.39M76.03M77.47M93.36M
Days Payables Outstanding39.126.6230.563735.6639.2992.6256.2652.2954.31
Short-Term Debt161.55M203.57M236.32M282.17M265.74M332K9.76M38.49M24.65M57.56M
Deferred Revenue (Current)1000K1000K1000K1000K37K00000
Other Current Liabilities59.25M6.52M6.12M5.15M62.07M200K013.21M13.11M12.94M
Current Ratio1.57x1.40x1.29x1.20x1.21x1.83x2.30x1.88x1.16x0.94x
Quick Ratio0.59x0.46x0.42x0.38x0.41x0.74x0.77x1.42x0.62x0.39x
Cash Conversion Cycle136.19126.96122.77119.44184.4576.85169.238.0744.5825.1
Total Non-Current Liabilities+413.36M288.92M250.01M237.25M305.26M116.23M306.74M375.61M352.59M335.45M
Long-Term Debt321.22M229.01M225.81M227.02M242.2M66.25M214.84M269.99M238.88M235.8M
Capital Lease Obligations000052.02M24.58M39.03M74.33M98.7M99.33M
Deferred Tax Liabilities74.32M44.56M15.85M8.15M9.03M25.41M22.48M0505K325K
Other Non-Current Liabilities17.81M15.35M8.35M2.08M025.41M30.39M31.29M14.51M0
Total Liabilities793.02M680.96M660.06M683.6M710.93M252.69M450.13M536.64M510.83M504.88M
Total Debt+482.77M432.58M462.12M509.2M559.96M107.06M275.83M395.31M378.03M392.68M
Net Debt480.49M431.33M458.89M505.92M558.46M106.8M275.61M394.63M377.73M391.13M
Debt / Equity1.13x0.96x1.43x2.39x2.64x0.32x0.90x1.24x2.42x2.40x
Debt / EBITDA14.68x8.67x11.79x14.66x12.21x5.57x10.27x10.04x10.49x7.54x
Net Debt / EBITDA14.61x8.64x11.70x14.56x12.18x5.56x10.26x10.02x10.48x7.51x
Interest Coverage0.76x0.36x0.20x0.06x0.49x-0.36x0.91x1.21x0.19x0.57x
Total Equity+426.18M448.6M322.11M213.14M212.43M332.93M304.98M319.21M156.32M163.64M
Equity Growth %0.21%0.05%-0.28%-0.34%-0%0.57%-0.08%0.05%-0.51%0.05%
Book Value per Share5.895.243.732.452.423.732.932.961.371.40
Total Shareholders' Equity421.04M445.87M320.54M211.64M210.54M332.93M304.98M319.21M156.32M148.59M
Common Stock297.99M300.43M308.9M314.36M318.46M326.55M436.46M440.35M464.17M471.79M
Retained Earnings106.84M53.84M-89.29M-206.15M-214.93M-147.74M-156.08M-155.69M-338.05M-355.98M
Treasury Stock0000000000
Accumulated OCI-6.11M-13.1M-7.27M-9.67M-11.27M1.36M1.36M1.36M2.01M2.01M
Minority Interest5.14M2.73M1.57M1.5M1.89M000015.05M

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+31.24M1.48M31.46M-11.14M9.81M91.7M-21.43M60.58M14.84M50.03M
Operating CF Margin %0.03%0%0.02%-0.01%0.01%0.12%-0.04%0.1%0.02%0.07%
Operating CF Growth %0.26%-0.95%20.27%-1.35%1.88%8.35%-1.23%3.83%-0.75%2.37%
Net Income-3.13M-50.56M-134.57M-109.14M-13.08M-47.3M5.54M2.29M-25.18M-11.47M
Depreciation & Amortization21.01M34.15M32.82M32.79M29.27M30.31M18.63M23.05M31.04M36.5M
Stock-Based Compensation4.37M4.15M5.71M7.94M009.1M13.83M12.43M11.19M
Deferred Taxes-4.04M-29.85M-27.9M-7.39M1.07M7.55M-4.56M-296K3.98M-180K
Other Non-Cash Items16.73M56.49M135.77M84.03M-8.18M84.01M-53.35M35.26M14.96M-3.71M
Working Capital Changes-3.69M-12.89M19.63M-19.37M731K17.13M3.21M-13.55M-22.38M17.71M
Change in Receivables17.4M-39.86M35.77M-3.06M4.01M-746K-5.89M-4.95M-2.19M19.48M
Change in Inventory-25.73M-16.11M27.48M-16.03M7.1M6.13M-17.78M-10.3M-10.63M-8.42M
Change in Payables15.24M23.22M-20.44M-6.22M-5.86M11.32M0-6.05M1.05M10.9M
Cash from Investing+-523.02M-19.85M-40.12M-28.77M27.22M324.52M-94.45M-106.82M44.03M-18.68M
Capital Expenditures-31.19M-22.56M-41.14M-31.6M-28.39M-24.75M-54.62M-125.14M-46.13M-31.93M
CapEx % of Revenue0.03%0.02%0.03%0.03%0.04%0.03%0.11%0.21%0.07%0.04%
Acquisitions----------
Investments----------
Other Investing-186K2.71M2.75M1.6M-4.38M349.27M-39.83M10.48M90.55M13.25M
Cash from Financing+485.88M15.59M10.57M40.03M-38.76M-417.68M115.86M46.7M-50.8M-31.09M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid00-6.69M-6.8M-6.8M-4.08M-5.25M-2.44M-1.73M-305K
Share Repurchases----------
Other Financing-21.05M-4.08M-128K23.21M-20.6M-35.33M59.54M-50.57M-155.16M-2.92M
Net Change in Cash----------
Free Cash Flow+58K-21.08M-9.68M-42.74M-18.58M66.94M-101.12M-64.56M-31.28M18.1M
FCF Margin %0%-0.02%-0.01%-0.03%-0.03%0.08%-0.2%-0.11%-0.05%0.03%
FCF Growth %-0.99%-364.47%0.54%-3.42%0.57%4.6%-2.51%0.36%0.52%1.58%
FCF per Share0.00-0.25-0.11-0.49-0.210.75-0.97-0.60-0.270.16
FCF Conversion (FCF/Net Income)-1.39x-0.03x-0.23x0.10x-12.94x1.11x18.29x-9.42x-0.08x-2.88x
Interest Paid10.5M-28.65M29.68M30.22M005.52M11.09M24.03M23.93M
Taxes Paid10.53M-1.78M4.15M760K003.63M847K569K437K

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-5.77%-11.7%-35.12%-40.8%-0.36%30.23%-0.37%-2.06%-75.2%-10.87%
Return on Invested Capital (ROIC)1.29%1.32%0.58%0.2%1.67%-1.37%1.21%1.89%0.6%2.15%
Gross Margin9.64%9.35%11.34%9.79%9.08%13.82%16.34%16.59%13.72%13.31%
Net Margin-1.96%-3.8%-10.58%-8.66%-0.1%10.44%-0.24%-1.09%-28.53%-2.4%
Debt / Equity1.13x0.96x1.43x2.39x2.64x0.32x0.90x1.24x2.42x2.40x
Interest Coverage0.76x0.36x0.20x0.06x0.49x-0.36x0.91x1.21x0.19x0.57x
FCF Conversion-1.39x-0.03x-0.23x0.10x-12.94x1.11x18.29x-9.42x-0.08x-2.88x
Revenue Growth-7.84%17.6%-4.99%-1.46%-42.77%9.37%-37.09%19.12%5.97%15.48%

Revenue by Segment

2015201620172018201920202021202220232024
Plant Based Foods And Beverages----361.4M415.16M470.75M---
Plant Based Foods And Beverages Growth-----14.88%13.39%---
Fruit-Based Foods And Beverages----349.85M374.05M341.87M---
Fruit-Based Foods And Beverages Growth-----6.92%-8.60%---
Global Ingredients-574.29M550.53M559.71M478.77M-----
Global Ingredients Growth---4.14%1.67%-14.46%-----
Consumer Products534.24M772.44M729.07M701.14M------
Consumer Products Growth-44.58%-5.61%-3.83%------

Revenue by Geography

2015201620172018201920202021202220232024
UNITED STATES----929.32M752M772.33M883.16M615.13M710.19M
UNITED STATES Growth------19.08%2.70%14.35%-30.35%15.45%
CANADA----22.81M12.48M14.07M10.63M11.74M11.36M
CANADA Growth------45.28%12.71%-24.47%10.49%-3.25%
Non-US-----24.73M26.22M40.88M3.42M2.18M
Non-US Growth------6.03%55.88%-91.62%-36.39%
Europe----237.9M-----
Europe Growth----------
US893.64M1.08B1B984.12M------
US Growth-21.32%-7.64%-1.73%------
Europe And Other218.21M231.57M250.25M247.68M------
Europe And Other Growth-6.13%8.06%-1.03%------
CA33.29M30.96M27.93M29.05M------
CA Growth--7.00%-9.79%4.03%------

Frequently Asked Questions

Growth & Financials

SunOpta Inc. (STKL) reported $792.2M in revenue for fiscal year 2024. This represents a 27% decrease from $1.08B in 2011.

SunOpta Inc. (STKL) grew revenue by 15.5% over the past year. This is strong growth.

Yes, SunOpta Inc. (STKL) is profitable, generating $0.3M in net income for fiscal year 2024 (-2.4% net margin).

Dividend & Returns

SunOpta Inc. (STKL) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.

SunOpta Inc. (STKL) has a return on equity (ROE) of -10.9%. Negative ROE indicates the company is unprofitable.

SunOpta Inc. (STKL) generated $21.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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