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B&G Foods, Inc. (BGS) 10-Year Financial Performance & Capital Metrics

BGS • • Industrial / General
Consumer DefensivePackaged FoodsTraditional Packaged FoodsMulti-Portfolio Food Conglomerates
AboutB&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products in the United States, Canada, and Puerto Rico. The company's products include frozen and canned vegetables, vegetables, canola and other cooking oils, vegetable shortening, cooking sprays, oatmeal and other hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrups, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, baking powder and soda, corn starch, cookies and crackers, nut clusters, and other specialty products. It markets its products under various brands, including Ac'cent, B&G, B&M, Back to Nature, Baker's Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary's, Clabber Girl, Cream of Rice, Cream of Wheat, Crisco, Dash, Davis, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, Green Giant, Joan of Arc, Las Palmas, Le Sueur, MacDonald's, Mama Mary's, Maple Grove Farms of Vermont, McCann's, Molly McButter, New York Flatbreads, New York Style, Old London, Ortega, Polaner, Red Devil, Regina, Rumford, Sa-són, Sclafani, Spice Islands, Spring Tree, Sugar Twin, Tone's, Trappey's, TrueNorth, Underwood, Vermont Maid, Victoria, and Weber and Wright's. The company also sells, markets, and distributes household products under the Static Guard brand. It sells and distributes its products directly, as well as through a network of independent brokers and distributors to supermarket chains, foodservice outlets, mass merchants, warehouse clubs, non-food outlets, and specialty distributors. The company was formerly known as B&G Foods Holdings Corp. and changed its name to B&G Foods, Inc. in October 2004. B&G Foods, Inc. was founded in 1822 and is headquartered in Parsippany, New Jersey.Show more
  • Revenue $1.93B -6.3%
  • EBITDA -$89M -152.9%
  • Net Income -$251M -279.5%
  • EPS (Diluted) -3.18 -257.3%
  • Gross Margin 21.83% -1.1%
  • EBITDA Margin -4.62% -156.4%
  • Operating Margin -9.17% -335.3%
  • Net Margin -13% -305.1%
  • ROE -36.94% -375.3%
  • ROIC -4.87% -349.9%
  • Debt/Equity 3.96 +56.1%
  • Interest Coverage -1.13 -311.9%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Trading at only 0.7x book value

✗Weaknesses

  • ✗High debt to equity ratio of 4.0x
  • ✗Weak momentum: RS Rating 20 (bottom 20%)
  • ✗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

10Y8.59%
5Y3.08%
3Y-2.05%
TTM-6.04%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-853.82%

EPS CAGR

10Y-
5Y-
3Y-
TTM-829.41%

ROCE

10Y Avg5.72%
5Y Avg2.63%
3Y Avg-0.27%
Latest-5.95%

Peer Comparison

Multi-Portfolio Food Conglomerates
Select Columns
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Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
HRLHormel Foods Corporation13.6B24.7228.411.55%3.95%6.04%3.93%0.36
POSTPost Holdings, Inc.5.06B98.1017.802.97%4.11%8.92%9.64%1.97
CPBCampbell Soup Company8.02B26.9013.386.4%5.69%14.6%8.79%1.85
GISGeneral Mills, Inc.24.33B45.6011.12-1.87%15.24%30.67%9.42%1.66
KHCThe Kraft Heinz Company28.69B24.2410.73-2.98%-17.35%-10.5%11.01%0.40
CAGConagra Brands, Inc.8.31B17.377.21-3.64%7.42%9.53%15.68%0.93
JBSJBS N.V.12.29B15.090.4914.61%2.4%94.15%100%2.68
BGSB&G Foods, Inc.359.1M4.49-1.41-6.3%-13.61%-53.21%28.86%3.96

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+966.36M1.37B1.65B1.7B1.66B1.97B2.06B2.16B2.06B1.93B
Revenue Growth %0.14%0.42%0.2%0.03%-0.02%0.19%0.04%0.05%-0.05%-0.06%
Cost of Goods Sold+676.79M943.29M1.21B1.35B1.28B1.49B1.62B1.75B1.61B1.51B
COGS % of Revenue0.7%0.69%0.73%0.79%0.77%0.76%0.79%0.81%0.78%0.78%
Gross Profit+289.56M429.01M440.58M349.5M383.12M481.74M436.97M409.62M455.52M421.95M
Gross Margin %0.3%0.31%0.27%0.21%0.23%0.24%0.21%0.19%0.22%0.22%
Gross Profit Growth %0.17%0.48%0.03%-0.21%0.1%0.26%-0.09%-0.06%0.11%-0.07%
Operating Expenses+117.19M176.24M202.67M9.35M179.29M205.3M240.89M311M375.1M599.23M
OpEx % of Revenue0.12%0.13%0.12%0.01%0.11%0.1%0.12%0.14%0.18%0.31%
Selling, General & Admin105.94M157.03M183.45M167.39M160.75M186.19M196.17M190.41M196.04M188.07M
SG&A % of Revenue0.11%0.11%0.11%0.1%0.1%0.09%0.1%0.09%0.1%0.1%
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses11.26M19.21M19.22M-158.04M18.54M19.11M44.72M120.58M179.06M411.16M
Operating Income+172.37M252.78M237.91M340.15M203.84M276.44M196.08M98.63M80.42M-177.28M
Operating Margin %0.18%0.18%0.14%0.2%0.12%0.14%0.1%0.05%0.04%-0.09%
Operating Income Growth %0.48%0.47%-0.06%0.43%-0.4%0.36%-0.29%-0.5%-0.18%-3.2%
EBITDA+201.02M290.04M287.08M393.79M273.97M352.1M292.94M196.06M168.8M-89.28M
EBITDA Margin %0.21%0.21%0.17%0.23%0.16%0.18%0.14%0.09%0.08%-0.05%
EBITDA Growth %0.4%0.44%-0.01%0.37%-0.3%0.29%-0.17%-0.33%-0.14%-1.53%
D&A (Non-Cash Add-back)28.65M37.27M49.17M53.64M70.13M75.66M96.86M97.44M88.38M88M
EBIT172.37M251.52M239.85M330.61M203.82M279M200.54M106.01M84.2M-173.06M
Net Interest Income+-51.13M-74.46M-91.78M-108.33M-98.13M-101.63M-106.89M-124.92M-151.33M-157.45M
Interest Income0000000000
Interest Expense51.13M74.46M91.78M108.33M98.13M101.63M106.89M124.92M151.33M157.45M
Other Income/Expense-51.13M-75.71M-89.85M-117.88M-98.14M-99.08M-102.42M-117.53M-147.55M-153.23M
Pretax Income+121.24M177.07M148.06M222.28M105.69M177.36M93.65M-18.91M-67.13M-330.51M
Pretax Margin %0.13%0.13%0.09%0.13%0.06%0.09%0.05%-0.01%-0.03%-0.17%
Income Tax+52.15M67.64M-69.4M49.84M29.3M45.37M26.29M-7.54M-935K-79.26M
Effective Tax Rate %0.57%0.62%1.47%0.78%0.72%0.74%0.72%0.6%0.99%0.76%
Net Income+69.09M109.42M217.46M172.44M76.39M131.99M67.36M-11.37M-66.2M-251.25M
Net Margin %0.07%0.08%0.13%0.1%0.05%0.07%0.03%-0.01%-0.03%-0.13%
Net Income Growth %0.69%0.58%0.99%-0.21%-0.56%0.73%-0.49%-1.17%-4.82%-2.8%
Net Income (Continuing)69.09M109.42M217.46M172.44M76.39M131.99M67.36M-11.37M-66.2M-251.25M
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)+1.221.733.262.601.172.041.02-0.16-0.89-3.18
EPS Growth %0.61%0.42%0.88%-0.2%-0.55%0.74%-0.5%-1.16%-4.56%-2.57%
EPS (Basic)1.221.733.272.611.172.061.03-0.16-0.89-3.18
Diluted Shares Outstanding56.66M63.42M66.71M66.25M65.04M64.56M65.75M70.47M74.27M79.01M
Basic Shares Outstanding56.59M63.2M66.49M66.14M65.01M64.16M65.09M70.47M74.27M79.01M
Dividend Payout Ratio1.11%0.92%0.57%0.72%1.62%0.92%1.82%---

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+463.16M541.87M886.6M586.1M661.79M737.3M834.46M1.02B802.82M781.44M
Cash & Short-Term Investments5.25M28.83M206.51M11.65M11.31M52.18M33.69M45.44M41.09M50.58M
Cash Only5.25M28.83M206.51M11.65M11.31M52.18M33.69M45.44M41.09M50.58M
Short-Term Investments0000000000
Accounts Receivable72.23M130.05M158.19M153.1M152.84M148.7M149.56M158.04M151M181.33M
Days Sales Outstanding27.2834.5935.0732.8633.627.5826.5526.6726.7334.25
Inventory312.88M356.59M501.85M401.36M472.19M492.8M609.79M726.47M568.98M511.23M
Days Inventory Outstanding168.74137.98151.91108.41134.93121.03137.45151.23129.25123.53
Other Current Assets5.29M000003.26M51.31M41.75M38.3M
Total Non-Current Assets+2.08B2.5B2.67B2.47B2.57B3.03B2.99B2.82B2.66B2.21B
Property, Plant & Equipment163.64M245.34M272.19M282.55M343.63M404.07M406.64M386.29M374.17M334.32M
Fixed Asset Turnover5.91x5.59x6.05x6.02x4.83x4.87x5.06x5.60x5.51x5.78x
Goodwill473.14M614.28M649.29M584.43M596.39M644.75M644.87M619.24M619.4M548.23M
Intangible Assets1.44B1.63B1.75B1.6B1.62B1.97B1.93B1.79B1.63B1.29B
Long-Term Investments0000000000
Other Non-Current Assets1.33M4.63M1.62M4.2M3.28M5.95M6.92M19.09M23.48M34.79M
Total Assets+2.54B3.04B3.56B3.06B3.23B3.77B3.83B3.84B3.46B2.99B
Asset Turnover0.38x0.45x0.46x0.56x0.51x0.52x0.54x0.56x0.60x0.65x
Asset Growth %0.54%0.2%0.17%-0.14%0.06%0.17%0.02%0%-0.1%-0.14%
Total Current Liabilities+134.87M205.69M201.49M258.46M216.91M245.65M244.29M271.53M262.42M236.87M
Accounts Payable49.59M98.03M122.36M140M114.94M126.54M129.86M127.81M123.78M113.21M
Days Payables Outstanding26.7537.9337.0437.8232.8431.0829.2726.6128.1227.36
Short-Term Debt33.75M10.52M005.63M0050M22M5.63M
Deferred Revenue (Current)0000000000
Other Current Liabilities0000000000
Current Ratio3.43x2.63x4.40x2.27x3.05x3.00x3.42x3.75x3.06x3.30x
Quick Ratio1.11x0.90x1.91x0.71x0.87x1.00x0.92x1.08x0.89x1.14x
Cash Conversion Cycle169.27134.64149.94103.45135.69117.53134.73151.29127.86130.43
Total Non-Current Liabilities+1.95B2.05B2.48B1.9B2.2B2.69B2.66B2.7B2.37B2.23B
Long-Term Debt1.7B1.72B2.22B1.64B1.87B2.33B2.27B2.34B2.02B2.01B
Capital Lease Obligations000032M23.96M55.61M53.52M54.45M37.7M
Deferred Tax Liabilities250.08M315.48M236.28M235.9M254.34M293.12M310.64M288.71M267.05M168.03M
Other Non-Current Liabilities3.21M21.41M24.88M24.5M37.65M38.88M30M20.63M20.82M11.83M
Total Liabilities2.09B2.26B2.68B2.16B2.42B2.94B2.91B2.97B2.63B2.47B
Total Debt+1.73B1.73B2.22B1.64B1.92B2.37B2.34B2.46B2.12B2.08B
Net Debt1.73B1.7B2.01B1.63B1.91B2.32B2.3B2.41B2.08B2.03B
Debt / Equity3.78x2.20x2.52x1.82x2.36x2.85x2.54x2.83x2.53x3.96x
Debt / EBITDA8.61x5.95x7.72x4.16x7.01x6.73x7.97x12.54x12.54x-
Net Debt / EBITDA8.59x5.85x7.01x4.13x6.97x6.58x7.86x12.31x12.30x-
Interest Coverage3.37x3.39x2.59x3.14x2.08x2.72x1.83x0.79x0.53x-1.13x
Total Equity+457.69M785.66M880.82M900.05M812.54M831.88M920.25M868.17M835.46M524.81M
Equity Growth %0.35%0.72%0.12%0.02%-0.1%0.02%0.11%-0.06%-0.04%-0.37%
Book Value per Share8.0812.3913.2013.5812.4912.8914.0012.3211.256.64
Total Shareholders' Equity457.69M785.66M880.82M900.05M812.54M831.88M920.25M868.17M835.46M524.81M
Common Stock580K664K665K656K640K643K685K717K786K791K
Retained Earnings307.23M416.66M634.12M806.56M843.8M866.83M934.19M876.8M785.09M528.76M
Treasury Stock0000000000
Accumulated OCI-12.7M-19.36M-20.76M-23.5M-31.89M-35.59M-18.17M-9.35M2.6M-4.74M
Minority Interest0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+128.48M289.66M37.8M209.46M46.5M281.48M93.88M5.96M247.76M130.91M
Operating CF Margin %0.13%0.21%0.02%0.12%0.03%0.14%0.05%0%0.12%0.07%
Operating CF Growth %0.3%1.25%-0.87%4.54%-0.78%5.05%-0.67%-0.94%40.55%-0.47%
Net Income69.09M109.42M217.46M172.44M76.39M131.99M67.36M-11.37M-66.2M-251.25M
Depreciation & Amortization28.65M37.27M49.17M53.64M70.13M75.66M96.86M97.44M88.38M88M
Stock-Based Compensation5.82M5.8M4.62M3.02M2.59M10.62M5.38M3.92M7.19M8.66M
Deferred Taxes29.15M56.19M-80.53M-1.49M20.41M42.61M7.27M-26.9M-26.39M-99.11M
Other Non-Cash Items-2.69M14.45M12.08M-157.04M4.79M4.64M42.38M104.07M165.62M399.19M
Working Capital Changes-1.54M66.53M-165M138.89M-127.81M15.96M-125.37M-161.19M79.16M-14.59M
Change in Receivables-17.11M-45.76M-18.03M-12.93M13.92M10.81M-12.48M-5.85M7.33M-30.3M
Change in Inventory39.58M2.4M-139.51M88.04M-57.44M17.27M-117.26M-124.97M89.91M43.25M
Change in Payables7.76M47.25M16.62M14.77M-26.88M4.93M10.49M83K-8.27M-9.17M
Cash from Investing+-892.38M-481.2M-220.54M347.59M-124.74M-568.89M-42.84M-39.15M81.59M-27.68M
Capital Expenditures-18.57M-42.42M-59.8M-41.63M-42.35M-26.75M-43.58M-22.29M-25.69M-27.26M
CapEx % of Revenue0.02%0.03%0.04%0.02%0.03%0.01%0.02%0.01%0.01%0.01%
Acquisitions----------
Investments----------
Other Investing002.23M420M46K343K737K10.43M107.28M-422K
Cash from Financing+767.44M216M359.34M-753.33M77.71M327.95M-69.84M45.34M-333.69M-92.96M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-76.53M-100.81M-123.63M-124.52M-123.67M-121.87M-122.9M-133.35M-56.01M-60.04M
Share Repurchases----------
Other Financing-15.76M-1.07M-21.5M-1.83M-13.9M-6.73M12.83M-4.04M-13.58M-12.61M
Net Change in Cash----------
Free Cash Flow+109.91M247.24M-22M167.83M4.15M254.73M50.3M-16.32M222.07M103.65M
FCF Margin %0.11%0.18%-0.01%0.1%0%0.13%0.02%-0.01%0.11%0.05%
FCF Growth %0.37%1.25%-1.09%8.63%-0.98%60.4%-0.8%-1.32%14.6%-0.53%
FCF per Share1.943.90-0.332.530.063.950.77-0.232.991.31
FCF Conversion (FCF/Net Income)1.86x2.65x0.17x1.21x0.61x2.13x1.39x-0.52x-3.74x-0.52x
Interest Paid47.23M69.75M75.78M102.11M87.98M97.45M102.49M119.12M141.95M142.42M
Taxes Paid9.4M15.41M17.23M4.67M47.51M9.81M5.65M25.57M24.84M21.23M

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)17.37%17.6%26.1%19.37%8.92%16.05%7.69%-1.27%-7.77%-36.94%
Return on Invested Capital (ROIC)7.29%8.13%6.64%9.42%5.82%7.06%4.62%2.27%1.95%-4.87%
Gross Margin29.96%31.26%26.76%20.55%23.07%24.48%21.25%18.94%22.09%21.83%
Net Margin7.15%7.97%13.21%10.14%4.6%6.71%3.28%-0.53%-3.21%-13%
Debt / Equity3.78x2.20x2.52x1.82x2.36x2.85x2.54x2.83x2.53x3.96x
Interest Coverage3.37x3.39x2.59x3.14x2.08x2.72x1.83x0.79x0.53x-1.13x
FCF Conversion1.86x2.65x0.17x1.21x0.61x2.13x1.39x-0.52x-3.74x-0.52x
Revenue Growth13.96%42.01%19.97%3.3%-2.37%18.52%4.49%5.19%-4.66%-6.3%

Revenue by Segment

20172018201920202021202220232024
Specialty-------679.08M
Specialty Growth--------
Meals-------462.4M
Meals Growth--------
Crisco----293.41M371.92M333.69M-
Crisco Growth-----26.76%-10.28%-
Green Giant - frozen----353.04M354.31M323.19M-
Green Giant - frozen Growth-----0.36%-8.78%-
Spices and Seasonings----269.52M258.93M272.94M-
Spices and Seasonings Growth------3.93%5.41%-
Ortega----151.17M154.26M147.93M-
Ortega Growth-----2.04%-4.10%-
Clabber Girl----79.58M97.07M128.25M-
Clabber Girl Growth-----21.98%32.12%-
Green Giant - shelf stable----145.37M131.42M108.87M-
Green Giant - shelf stable Growth------9.60%-17.16%-
Maple Grove Farms of Vermont----81.19M84.4M86.81M-
Maple Grove Farms of Vermont Growth-----3.96%2.86%-
Cream of Wheat----67.3M81.42M78.52M-
Cream of Wheat Growth-----20.97%-3.56%-
Dash----72.64M65.77M64.89M-
Dash Growth------9.47%-1.33%-
Back to Nature------6.51M-
Back to Nature Growth--------
All other brands----543.05M563.52M--
All other brands Growth-----3.77%--
All Other Brands474.93M489.56M478.83M587.7M----
All Other Brands Growth-3.08%-2.19%22.74%----
Green Giant Frozen336.42M372.7M363.24M412.13M----
Green Giant Frozen Growth-10.78%-2.54%13.46%----
Spices And Seasonings Brand260.72M255.97M249.37M261.5M----
Spices And Seasonings Brand Growth--1.82%-2.57%4.86%----
Green Giant Shelf Stable125.86M107.48M124.71M175.68M----
Green Giant Shelf Stable Growth--14.60%16.03%40.87%----
Ortega Brand139.05M141.26M140.44M158.27M----
Ortega Brand Growth-1.59%-0.58%12.69%----
Clabber Girl Brand--53.64M97.51M----
Clabber Girl Brand Growth---81.79%----
Maple Grove Farms Of Vermont Brand68.29M68.05M70.56M76.67M----
Maple Grove Farms Of Vermont Brand Growth--0.35%3.69%8.66%----
Cream Of Wheat Brand61.55M62.52M59.89M72.82M----
Cream Of Wheat Brand Growth-1.58%-4.20%21.59%----
Mrs Dash Brand60.44M58.68M58.78M72.24M----
Mrs Dash Brand Growth--2.93%0.18%22.90%----
Back To Nature Brand-69.7M60.95M53.39M----
Back To Nature Brand Growth---12.56%-12.40%----
Pirate Brands90.13M74.85M------
Pirate Brands Growth--16.95%------
Bear Creek Country Kitchens Brand50.67M-------
Bear Creek Country Kitchens Brand Growth--------

Frequently Asked Questions

Growth & Financials

B&G Foods, Inc. (BGS) reported $1.84B in revenue for fiscal year 2024. This represents a 238% increase from $543.9M in 2011.

B&G Foods, Inc. (BGS) saw revenue decline by 6.3% over the past year.

B&G Foods, Inc. (BGS) reported a net loss of $250.5M for fiscal year 2024.

Dividend & Returns

Yes, B&G Foods, Inc. (BGS) pays a dividend with a yield of 16.92%. This makes it attractive for income-focused investors.

B&G Foods, Inc. (BGS) has a return on equity (ROE) of -36.9%. Negative ROE indicates the company is unprofitable.

B&G Foods, Inc. (BGS) generated $54.8M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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