TreeHouse Foods, Inc. (THS) Financial Ratios
23 years of historical data (2002–2024) · Consumer Defensive · Packaged Foods
EV/EBITDA
↓
10.95
↓-51% vs avg
5yr avg: 22.42
30Y Low9.4·High40.5
P/FCF
↑
11.59
↓-73% vs avg
5yr avg: 43.26
30Y Low7.1·High141.7
P/B Ratio
↓
0.83
↓-39% vs avg
5yr avg: 1.35
30Y Low1.1·High2.3
ROE
↑
1.7%
↓+349% vs avg
5yr avg: -0.7%
30Y Low-18%·High12%
Debt/EBITDA
↓
6.27
↓-40% vs avg
5yr avg: 10.38
30Y Low0.1·High20.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
THS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
TreeHouse Foods, Inc. trades at 47.9x earnings, 50% below its 5-year average of 96.7x, sitting at the 79th percentile of its historical range. Compared to the Consumer Defensive sector median P/E of 19.6x, the stock trades at a premium of 144%. On a free-cash-flow basis, the stock trades at 11.6x P/FCF, 73% below the 5-year average of 43.3x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.5B | $1.8B | $2.3B | $2.8B | $2.3B | $2.4B | $2.7B | $2.8B | $2.8B | $4.0B | $3.4B |
| Enterprise Value | $2.7B | $3.1B | $3.6B | $4.3B | $4.0B | $4.4B | $4.8B | $5.0B | $5.2B | $6.8B | $4.6B |
| P/E Ratio → | 47.90 | 68.88 | 44.10 | — | — | 177.04 | — | — | — | — | 29.83 |
| P/S Ratio | 0.44 | 0.55 | 0.68 | 0.84 | 0.81 | 0.55 | 0.64 | 0.62 | 0.58 | 0.65 | 1.07 |
| P/B Ratio | 0.83 | 1.19 | 1.40 | 1.64 | 1.23 | 1.29 | 1.49 | 1.31 | 1.25 | 1.61 | 1.85 |
| P/FCF | 11.59 | 14.65 | 141.68 | — | 8.94 | 7.75 | 16.94 | 9.17 | 8.82 | 13.80 | 17.21 |
| P/OCF | 5.50 | 6.95 | 14.86 | — | 6.97 | 5.78 | 8.86 | 5.61 | 5.58 | 8.40 | 12.02 |
P/E links to full P/E history page with 30-year chart
THS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
TreeHouse Foods, Inc.'s enterprise value stands at 10.9x EBITDA, 51% below its 5-year average of 22.4x. This is roughly in line with the Consumer Defensive sector median of 11.4x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.93 | 1.05 | 1.31 | 1.43 | 1.02 | 1.12 | 1.08 | 1.08 | 1.09 | 1.44 |
| EV / EBITDA | 10.95 | 12.50 | 12.53 | 33.97 | 40.51 | 12.60 | 24.79 | 16.12 | 16.78 | 35.02 | 12.80 |
| EV / EBIT | 26.57 | 32.40 | 22.88 | 60.77 | — | 36.40 | — | 104.06 | 55.77 | — | 21.37 |
| EV / FCF | — | 24.79 | 219.34 | — | 15.87 | 14.27 | 29.96 | 16.07 | 16.36 | 23.16 | 23.25 |
THS Profitability
Margins and return-on-capital ratios measuring operating efficiency
TreeHouse Foods, Inc. earns an operating margin of 3.1%, roughly in line with the Consumer Defensive sector average. Operating margins have expanded from -0.4% to 3.1% over the past 3 years, signaling improving operational efficiency. ROE of 1.7% is modest, trailing the sector median of 6.8%. ROIC of 2.7% represents below-average returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 16.4% | 16.4% | 16.8% | 15.8% | 16.8% | 18.4% | 18.6% | 19.4% | 20.2% | 18.2% | 20.1% |
| Operating Margin | 3.1% | 3.1% | 4.3% | -0.4% | -1.6% | 3.4% | -0.4% | 1.8% | 1.6% | -1.5% | 7.5% |
| Net Profit Margin | 0.8% | 0.8% | 1.5% | -4.4% | -0.4% | 0.3% | -8.4% | -1.4% | -5.8% | -3.7% | 3.6% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 1.7% | 1.7% | 3.2% | -8.3% | -0.7% | 0.7% | -18.1% | -2.9% | -11.7% | -10.5% | 6.4% |
| ROA | 0.7% | 0.7% | 1.3% | -3.1% | -0.2% | 0.3% | -6.7% | -1.1% | -4.5% | -4.5% | 3.0% |
| ROIC | 2.7% | 2.7% | 3.6% | -0.3% | -0.9% | 2.9% | -0.3% | 1.4% | 1.2% | -1.7% | 5.8% |
| ROCE | 3.1% | 3.1% | 4.3% | -0.3% | -1.0% | 3.4% | -0.4% | 1.7% | 1.4% | -2.1% | 6.9% |
THS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
TreeHouse Foods, Inc. carries a Debt/EBITDA ratio of 6.3x, which is highly leveraged (84% above the sector average of 3.4x). Net debt stands at $1.3B ($1.6B total debt minus $290M cash). Interest coverage of just 1.6x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.01 | 1.01 | 0.96 | 0.94 | 1.11 | 1.28 | 1.25 | 1.06 | 1.12 | 1.12 | 0.67 |
| Debt / EBITDA | 6.27 | 6.27 | 5.55 | 12.54 | 20.74 | 6.79 | 11.81 | 7.45 | 8.16 | 14.48 | 3.42 |
| Net Debt / Equity | — | 0.83 | 0.77 | 0.92 | 0.95 | 1.09 | 1.14 | 0.99 | 1.07 | 1.09 | 0.65 |
| Net Debt / EBITDA | 5.11 | 5.11 | 4.44 | 12.20 | 17.67 | 5.76 | 10.77 | 6.92 | 7.73 | 14.16 | 3.32 |
| Debt / FCF | — | 10.14 | 77.65 | — | 6.92 | 6.52 | 13.02 | 6.89 | 7.54 | 9.36 | 6.03 |
| Interest Coverage | 1.63 | 1.63 | 1.96 | -0.18 | -0.61 | 1.42 | -0.16 | 0.79 | 0.65 | -0.81 | 5.27 |
THS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.36x means TreeHouse Foods, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.63x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.01x to 1.36x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.36 | 1.36 | 1.50 | 1.01 | 1.89 | 1.44 | 1.50 | 2.00 | 2.48 | 2.25 | 3.08 |
| Quick Ratio | 0.63 | 0.63 | 0.74 | 0.34 | 1.49 | 0.84 | 0.83 | 1.27 | 0.94 | 0.84 | 0.96 |
| Cash Ratio | 0.39 | 0.39 | 0.45 | 0.05 | 0.26 | 0.37 | 0.25 | 0.20 | 0.22 | 0.10 | 0.16 |
| Asset Turnover | — | 0.84 | 0.84 | 0.78 | 0.54 | 0.79 | 0.83 | 0.81 | 0.84 | 0.94 | 0.87 |
| Inventory Turnover | 5.20 | 5.20 | 5.35 | 5.01 | 5.08 | 5.93 | 6.42 | 6.00 | 4.22 | 5.16 | 4.39 |
| Days Sales Outstanding | — | 15.98 | 18.68 | 17.58 | 19.62 | 25.91 | 23.03 | 27.95 | 24.81 | 25.36 | 23.13 |
THS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
TreeHouse Foods, Inc. returns 10.2% to shareholders annually primarily through share buybacks. The earnings yield of 2.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.1% | 1.5% | 2.3% | — | — | 0.6% | — | — | — | — | 3.4% |
| FCF Yield | 8.6% | 6.8% | 0.7% | — | 11.2% | 12.9% | 5.9% | 10.9% | 11.3% | 7.2% | 5.8% |
| Buyback Yield | 10.2% | 8.1% | 4.3% | 0.0% | 1.1% | 1.0% | 0.0% | 1.9% | 1.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 10.2% | 8.1% | 4.3% | 0.0% | 1.1% | 1.0% | 0.0% | 1.9% | 1.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $53M | $56M | $56M | $56M | $57M | $56M | $56M | $57M | $56M | $44M |
Peer Comparison
Compare THS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 THSYou | $1B | 47.9 | 10.9 | 11.6 | 16.4% | 3.1% | 1.7% | 2.7% | 6.3 |
 SMPL | $1B | 12.4 | 6.0 | 8.0 | 35.1% | 15.1% | 5.9% | 8.1% | 1.3 |
 JBSS | $931M | 15.8 | 8.9 | — | 18.4% | 7.7% | 17.2% | 15.2% | 0.9 |
 CENT | $2B | 14.4 | 8.2 | 7.9 | 31.1% | 8.5% | 10.4% | 9.1% | 4.1 |
 CPB | $6B | 10.4 | 7.5 | 8.9 | 30.4% | 13.2% | 15.6% | 9.1% | 4.0 |
 SJM | $10B | -8.4 | — | 12.6 | 38.8% | -7.7% | -17.9% | -3.4% | — |
 CAG | $7B | 5.8 | 8.5 | 5.2 | 25.9% | 11.8% | 12.9% | 6.0% | 4.7 |
 HRL | $11B | 23.8 | 13.8 | 21.3 | 15.6% | 5.9% | 6.0% | 5.3% | 2.9 |
 MKC | $12B | 16.5 | 12.2 | 16.6 | 37.9% | 16.0% | 14.2% | 8.5% | 3.0 |
 GIS | $19B | 8.6 | 8.8 | 8.2 | 34.6% | 17.0% | 24.3% | 10.6% | 4.0 |
 KR | $42B | 42.9 | 10.9 | 12.5 | 21.0% | 1.3% | 14.3% | 5.0% | 4.2 |
| Consumer Defensive Median | — | 19.6 | 11.4 | 15.7 | 40.1% | 1.4% | 6.8% | 5.5% | 3.4 |
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Download Financial Ratios Data
Includes 30+ ratios · 23 years · Updated daily
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Start ComparisonTHS — Frequently Asked Questions
Quick answers to the most common questions about buying THS stock.
What is TreeHouse Foods, Inc.'s P/E ratio?
TreeHouse Foods, Inc.'s current P/E ratio is 47.9x. The historical average is 42.2x. This places it at the 79th percentile of its historical range.
What is TreeHouse Foods, Inc.'s EV/EBITDA?
TreeHouse Foods, Inc.'s current EV/EBITDA is 10.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.6x.
What is TreeHouse Foods, Inc.'s ROE?
TreeHouse Foods, Inc.'s return on equity (ROE) is 1.7%. The historical average is 2.3%.
Is THS stock overvalued?
Based on historical data, TreeHouse Foods, Inc. is trading at a P/E of 47.9x. This is at the 79th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are TreeHouse Foods, Inc.'s profit margins?
TreeHouse Foods, Inc. has 16.4% gross margin and 3.1% operating margin.
How much debt does TreeHouse Foods, Inc. have?
TreeHouse Foods, Inc.'s Debt/EBITDA ratio is 6.3x, indicating high leverage. A ratio above 4x may signal elevated financial risk.