Financial Snapshot

Revenue
$323.5M
TTM
Gross Margin
-19.15%
TTM
Net Earnings
-$270.5M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
343.47%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$1.305B
Q3 2024
Book Value
-$611.9M
Q3 2024
Cash
Q3 2024
P/E
-1.123
Nov 29, 2024 EST
Free Cash Flow
-$104.9M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $343.4M $418.9M $464.7M $406.8M $297.9M $87.93M $32.58M $16.20M
YoY Change -18.04% -9.85% 14.24% 36.55% 238.77% 169.89% 101.12%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $343.4M $418.9M $464.7M $406.8M $297.9M $87.93M $32.58M $16.20M
Cost Of Revenue $426.0M $442.7M $347.4M $284.5M $198.1M $70.36M $34.77M $22.50M
Gross Profit -$82.66M -$23.74M $117.3M $122.3M $99.76M $17.57M -$2.191M -$6.300M
Gross Profit Margin -24.07% -5.67% 25.24% 30.06% 33.49% 19.99% -6.72% -38.89%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $220.3M $239.5M $209.5M $133.7M $74.73M $34.46M $17.14M $12.70M
YoY Change -8.0% 14.34% 56.73% 78.86% 116.84% 101.02% 34.98%
% of Gross Profit 178.61% 109.31% 74.91% 196.09%
Research & Development $39.50M $62.30M $66.90M $31.50M $20.70M $9.600M $5.700M $5.800M
YoY Change -36.6% -6.88% 112.38% 52.17% 115.63% 68.42% -1.72%
% of Gross Profit 57.04% 25.76% 20.75% 54.63%
Depreciation & Amortization $48.10M $32.60M $21.70M $13.30M $8.100M $4.900M $3.200M $2.070M
YoY Change 47.55% 50.23% 63.16% 64.2% 65.31% 53.13% 54.59%
% of Gross Profit 18.5% 10.88% 8.12% 27.88%
Operating Expenses $259.2M $319.0M $292.2M $171.6M $100.2M $45.56M $26.37M $18.40M
YoY Change -18.74% 9.18% 70.27% 71.2% 120.01% 72.76% 43.34%
Operating Profit -$341.9M -$342.8M -$174.9M -$49.35M -$489.0K -$27.99M -$28.57M -$24.70M
YoY Change -0.25% 95.94% 254.51% 9991.0% -98.25% -2.02% 15.65%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense $3.955M $3.966M $3.648M $2.576M $3.071M $1.128M $1.002M -$400.0K
YoY Change -0.28% 8.72% 41.61% -16.12% 172.25% 12.57% -350.5%
% of Operating Profit
Other Income/Expense, Net $7.661M -$4.386M -$4.135M -$3.335M -$11.95M -$1.896M -$1.814M $0.00
YoY Change -274.67% 6.07% 23.99% -72.08% 530.01% 4.52%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income -$305.0M -$290.8M -$179.1M -$52.68M -$12.43M -$29.89M -$30.38M -$25.10M
YoY Change 4.91% 62.38% 239.92% 323.68% -58.39% -1.63% 21.03%
Income Tax $5.000K $32.00K $60.00K $72.00K $9.000K $1.000K $5.000K $0.00
% Of Pretax Income
Net Earnings -$338.1M -$366.1M -$182.1M -$52.75M -$12.44M -$29.89M -$30.38M -$25.10M
YoY Change -7.65% 101.06% 245.21% 323.95% -58.37% -1.64% 21.05%
Net Earnings / Revenue -98.48% -87.4% -39.19% -12.97% -4.18% -33.99% -93.26% -154.94%
Basic Earnings Per Share -$5.26 -$5.75 -$2.88 -$0.85 -$0.29
Diluted Earnings Per Share -$5.26 -$5.75 -$2.88 -$0.85 -$0.29 -$512.9K -$521.4K -$430.5K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $190.5M $309.9M $733.3M $159.1M $276.0M $54.30M $39.00M $17.00M
YoY Change -38.53% -57.74% 360.9% -42.36% 408.29% 39.23% 129.41%
Cash & Equivalents $190.5M $309.9M $733.3M $159.1M $276.0M $54.30M $39.00M $17.00M
Short-Term Investments
Other Short-Term Assets $20.27M $26.64M $33.08M $15.40M $5.900M $5.700M $1.200M $400.0K
YoY Change -23.91% -19.45% 114.79% 161.02% 3.51% 375.0% 200.0%
Inventory $130.3M $235.7M $241.9M $121.7M $81.60M $30.30M $8.100M $6.200M
Prepaid Expenses
Receivables $31.73M $34.20M $43.81M $36.00M $40.10M $12.60M $3.600M $900.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $372.8M $606.5M $1.052B $332.2M $403.6M $102.8M $52.00M $24.50M
YoY Change -38.52% -42.35% 216.69% -17.69% 292.61% 97.69% 112.24%
Property, Plant & Equipment $324.5M $344.6M $253.3M $129.9M $47.50M $30.50M $14.10M $10.30M
YoY Change -5.83% 36.04% 95.0% 173.47% 55.74% 116.31% 36.89%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.673M $2.325M $8.023M
YoY Change -28.04% -71.02%
Other Assets $75.43M $108.8M $66.02M $5.900M $900.0K $400.0K $400.0K $200.0K
YoY Change -30.7% 64.85% 1019.05% 555.56% 125.0% 0.0% 100.0%
Total Long-Term Assets $401.6M $455.8M $327.4M $135.8M $48.30M $30.90M $14.50M $10.40M
YoY Change -11.88% 39.23% 141.05% 181.16% 56.31% 113.1% 39.42%
Total Assets $774.5M $1.062B $1.379B $468.0M $451.9M $133.7M $66.50M $34.90M
YoY Change
Accounts Payable $56.03M $55.30M $69.04M $53.10M $26.90M $17.20M $6.300M $2.500M
YoY Change 1.32% -19.9% 30.02% 97.4% 56.4% 173.02% 152.0%
Accrued Expenses $18.13M $20.54M $24.97M $10.80M $9.700M $6.000M $2.200M $1.700M
YoY Change -11.76% -17.73% 131.18% 11.34% 61.67% 172.73% 29.41%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $196.0K $224.0K $182.0K $25.10M $11.10M $0.00 $3.100M $700.0K
YoY Change -12.5% 23.08% -99.27% 126.13% -100.0% 342.86%
Total Short-Term Liabilities $74.35M $75.84M $94.19M $89.00M $47.70M $25.20M $12.20M $5.100M
YoY Change -1.96% -19.48% 5.83% 86.58% 89.29% 106.56% 139.22%
Long-Term Debt $1.138B $1.134B $1.130B $100.0K $20.10M $30.80M $2.000M $2.600M
YoY Change 0.33% 0.35% 1130016.0% -99.5% -34.74% 1440.0% -23.08%
Other Long-Term Liabilities $75.65M $55.85M $22.60M $11.80M
YoY Change 35.44% 147.15% 91.52%
Total Long-Term Liabilities $1.213B $1.190B $1.153B $11.90M $20.10M $30.80M $2.000M $2.600M
YoY Change 1.98% 3.23% 9586.68% -40.8% -34.74% 1440.0% -23.08%
Total Liabilities $1.288B $1.266B $1.247B $100.9M $67.80M $56.00M $14.20M $7.700M
YoY Change 1.74% 1.51% 1135.78% 48.82% 21.07% 294.37% 84.42%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $303.85 Million

About BEYOND MEAT, INC.

Beyond Meat, Inc. engages in the provision of plant-based meats. The company is headquartered in El Segundo, California and currently employs 686 full-time employees. The company went IPO on 2019-05-02. The firm has developed three core plant-based product platforms that align with the largest meat categories globally: beef, pork and poultry. The primary components of animal-based meat are amino acids, lipids, carbohydrates, trace minerals and water, which are not exclusive to animals and are plentiful in plants. Its flagship product is the Beyond Burger, which is designed to look, cook and taste like a traditional beef burger. The firm also sells a range of other plant-based meat products, including Beyond Sausage, Beyond Beef, Beyond Meatballs, Beyond Beef Crumbles, Beyond Chicken Tenders, Beyond Steak, Beyond Popcorn Chicken, Beyond Chicken Nuggets, and others. Its products are available at approximately 133,000 retail and foodservice outlets in 65 countries, across mainstream grocery, mass merchandiser, club store and natural retailer channels, and various food-away-from-home channels.

Industry: Food and Kindred Products Peers: B&G Foods, Inc. CALAVO GROWERS INC Kuber Resources Corp HAIN CELESTIAL GROUP INC Mondelez International, Inc. Mission Produce, Inc. SANFILIPPO JOHN B & SON INC Sovos Brands, Inc. Westrock Coffee Co