BGSNYSEFood and Kindred ProductsFiscal year ends January 2
B&G Foods, Inc.
Financials through Q2 FY2026, quarter ended Jul 4, 2026Last filing: 10-Q on Aug 12, 2026
$2.20−0.09 (-3.93%)
Close on Oct 19, 2026
- Market cap
- $178.57M
- P/E (TTM)
- –
- Dividend yield
- 34.55%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
21.8%−2.7 pts over 5 years
Operating margin
5.3%−8.7 pts over 5 years
Net margin
-2.4%−9.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -5.4% | -5.4% | -1.5% | +6.6% | |
| Gross profit | -5.5% | -0.9% | -3.7% | +3.3% | |
| Operating income | – | -0.5% | -18.9% | -5.6% | |
| Free cash flow | -31.7% | – | -22.6% | -4.3% | |
| Dividend per share | 0.0% | -22.2% | -16.7% | -5.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 17.6% | 16.1% | -8.8% | |
| Return on assets | 3.9% | 3.8% | -1.5% | |
| Current ratio | 2.63 | 3.00 | 3.32 | |
| Debt to equity | 2.20 | 2.81 | 4.31 | |
| Net debt to EBITDA | 5.85× | 6.71× | 11.59× | |
| Inventory turnover | 2.8× | 3.1× | 3.1× | |
| Capex to revenue | 3.1% | 1.4% | 1.7% | |
| Diluted shares | 63M | 65M | 80M |
Where the cash went
Fiscal 2021 to 2025, five years combined
B&G Foods generated $579.91M from operations and spent $582.37M on capital expenditure, dividends and share buybacks. 26% of that went back into the business.
Generated
$579.91M
Used
$582.37M
Capital expenditure$149.47M26%Dividends$432.90M74%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-2.4%
×Asset turnover0.63×
×Equity multiplier5.96×
=Return on equity, FY2025-8.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -2.4% | 0.63× | 5.96× | -8.8% |
| FY2024 | -13.0% | 0.60× | 4.75× | -36.9% |
| FY2023 | -3.2% | 0.56× | 4.29× | -7.8% |
| FY2022 | -0.5% | 0.56× | 4.29× | -1.3% |
| FY2021 | 3.3% | 0.54× | 4.34× | 7.7% |
| FY2020 | 6.7% | 0.56× | 4.25× | 16.1% |
| FY2019 | 4.6% | 0.53× | 3.67× | 8.9% |
| FY2018 | 10.1% | 0.51× | 3.72× | 19.4% |
| FY2017 | 13.2% | 0.50× | 3.96× | 26.1% |
| FY2016 | 8.0% | 0.49× | 4.49× | 17.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$43.26M
- Cash generatingOperating cash flow above zero$101.40M
- Return on assets improvedROA up on the prior year-7.3% → -1.4%
- Earnings backed by cashOperating cash flow above net income$101.40M vs -$43.26M
- Less leverageLong-term debt to assets fell67.3% → 68.6%
- Better liquidityCurrent ratio rose3.30 → 3.32
- No dilutionShare count did not rise79M → 80M
- Gross margin improvedGross margin up on the prior year21.83% → 21.81%
- More efficientAsset turnover rose0.56 → 0.61