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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

National Beverage Corp. (FIZZ) Quarterly Financial Ratios

Last 46 quarters of trend data · Consumer Defensive · Beverages - Non-Alcoholic

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

National Beverage Corp.'s quarterly P/E stands at 19.3x, down 5.8% year-over-year. EV/EBITDA has compressed 12.1% YoY to 13.7x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →18.2719.3023.1325.1523.1320.4823.6728.0824.0524.9531.8629.0729.99
—-5.8%-2.3%-10.4%-3.8%-17.9%-25.7%-3.4%-19.8%-30.0%+7.0%-11.3%-10.7%
P/S Ratio2.833.283.323.713.653.553.504.093.533.824.063.753.65
—-7.6%-5.4%-9.4%+3.4%-7.0%-13.6%+9.0%-3.5%-4.2%+11.8%-4.1%-21.6%
P/B Ratio7.678.619.379.8911.7915.277.458.669.0611.7312.4911.8614.84
—-43.6%+25.8%+14.2%+30.2%+30.1%-40.4%-27.0%-38.9%-38.9%-27.5%-39.6%+25.5%
P/FCF19.9719.3823.3127.2429.7621.7621.0138.4742.9619.1429.2939.1730.19
—-10.9%+11.0%-29.2%-30.7%+13.6%-28.3%-1.8%+42.3%-42.6%-21.6%—-37.2%
EV / EBITDA12.8113.6516.0317.4518.0815.5420.5017.7816.0216.7120.0218.6719.55
—-12.1%-21.8%-1.9%+12.8%-7.0%+2.4%-4.7%-18.0%-27.2%+3.0%-11.7%-7.9%
EV / EBIT13.9414.6917.5619.1018.0816.7518.4021.7817.6718.3023.2122.2323.05
—-12.2%-4.6%-12.3%+2.3%-8.5%-20.7%-2.0%-23.3%-32.7%+1.6%-11.7%-5.8%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

National Beverage Corp.'s operating margin was 21.4% in Q1 2026, up 3.1 pp QoQ and up 0.3 pp YoY. The trailing four-quarter average of 19.6% lags the current quarter, suggesting the recent improvement is above-trend.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin37.0%38.0%36.1%37.1%37.6%37.2%36.7%36.7%35.9%35.3%35.7%35.4%33.4%
—+2.2%-1.6%+0.9%+4.5%+5.2%+2.7%+3.8%+7.7%+13.0%+3.9%-2.4%-6.9%
Operating Margin19.6%21.4%18.3%18.9%19.9%21.1%17.8%18.6%18.1%19.5%17.0%16.6%15.7%
—+1.5%+3.0%+1.7%+9.8%+8.4%+4.5%+12.6%+15.5%+33.2%+7.0%+5.3%-14.0%
Net Margin15.6%16.9%14.3%14.8%15.7%17.2%14.7%14.7%14.6%15.3%12.7%12.8%12.0%
—-2.1%-2.9%+1.3%+7.4%+12.6%+16.1%+14.5%+21.3%+37.3%+4.8%+6.7%-13.3%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE37.2%11.8%10.6%10.4%13.7%13.1%8.2%8.1%9.8%12.5%10.2%10.8%12.9%
—-10.3%+29.7%+28.7%+39.0%+5.0%-19.8%-25.2%-23.6%-11.3%-33.8%+13.8%+40.3%
ROA25.9%7.9%7.1%6.9%8.5%8.8%5.9%5.7%6.7%8.2%6.6%6.7%7.5%
—-10.0%+20.4%+21.1%+26.7%+7.5%-11.0%-15.1%-11.6%+6.4%-13.9%+14.6%+19.8%
ROIC57.9%16.4%13.7%12.6%15.0%18.3%13.7%13.6%16.1%19.0%14.1%13.2%14.3%
—-10.4%+0.0%-7.5%-7.0%-3.7%-3.0%+2.9%+12.6%+36.9%+5.6%+0.6%-23.3%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

National Beverage Corp.'s Debt/EBITDA ratio is 0.9x, down from 1.1x last quarter — comfortably within a safe range. The current ratio has improved 63.0% YoY to 3.24x, strengthening the short-term liquidity position.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.160.140.160.140.140.170.100.110.100.100.110.120.14
—-18.1%+66.0%+21.3%+45.2%+71.1%-12.2%-5.3%-30.2%-35.5%-56.4%-71.9%+64.1%
Debt / EBITDA0.280.921.151.000.870.691.150.990.720.590.730.770.74
—+32.4%-0.7%+1.4%+21.6%+18.4%+57.2%+27.5%-2.8%-20.5%-36.3%-57.7%+16.4%
Current Ratio2.903.242.902.952.541.993.893.683.202.752.542.582.02
—+63.0%-25.6%-19.8%-20.8%-27.7%+53.3%+42.4%+58.4%+43.1%+34.4%+30.2%-37.3%
Quick Ratio2.292.602.292.241.831.373.283.012.552.161.891.831.42
—+89.4%-30.1%-25.7%-28.5%-36.4%+73.5%+64.0%+79.2%+74.3%+60.5%+48.1%-46.5%
Interest Coverage—————————————
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Includes 30+ ratios · 46 years · Updated daily

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Frequently Asked Questions

What is National Beverage Corp.'s quarterly P/E ratio trend?

National Beverage Corp.'s current P/E is 18.3x. The average P/E over the last 4 quarters is 22.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do National Beverage Corp.'s margins change by quarter?

National Beverage Corp.'s current operating margin is 19.6%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at FIZZ quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking National Beverage Corp.'s business trajectory between earnings reports.

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