Financial Snapshot

Revenue
$1.440B
TTM
Gross Margin
34.36%
TTM
Net Earnings
$29.65M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
120.65%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.385B
Q3 2024
Cash
Q3 2024
P/E
81.86
Nov 29, 2024 EST
Free Cash Flow
$19.76M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $1.408B $1.181B $964.3M $964.3M $768.2M $772.0M
YoY Change 19.28% 22.44% 0.0% 25.52% -0.49%

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
Revenue $1.408B $1.181B $964.3M $964.3M $768.2M $772.0M
Cost Of Revenue $959.3M $796.8M $631.6M $631.6M $514.4M $505.3M
Gross Profit $449.1M $383.9M $332.7M $332.7M $253.8M $266.7M
Gross Profit Margin 31.88% 32.52% 34.51% 34.51% 33.04% 34.55%

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
Selling, General & Admin $444.4M $375.2M $303.1M $303.1M $228.3M $251.4M
YoY Change 18.44% 23.78% 0.0% 32.76% -9.18%
% of Gross Profit 98.96% 97.73% 91.1% 91.1% 89.96% 94.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $86.80M $80.73M $44.74M $44.74M $29.29M $30.36M
YoY Change 7.53% 80.42% 0.0% 52.76% -3.52%
% of Gross Profit 19.33% 21.03% 13.45% 13.45% 11.54% 11.38%
Operating Expenses $444.4M $375.2M $303.1M $303.1M $228.3M $251.4M
YoY Change 18.44% 23.78% 0.0% 32.76% -9.18%
Operating Profit $5.344M $10.57M $29.62M $29.62M $38.75M $19.38M
YoY Change -49.42% -64.33% 0.0% -23.55% 99.9%

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
Interest Expense $44.42M $34.71M -$131.8M -$131.8M $48.39M $45.72M
YoY Change 27.99% -126.33% 0.0% -372.4% 5.85%
% of Operating Profit 831.29% 328.49% -444.98% -444.98% 124.89% 235.85%
Other Income/Expense, Net -$43.30M $5.518M -$787.0K -$787.0K -$48.96M -$45.11M
YoY Change -884.78% -801.14% 0.0% -98.39% 8.55%

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
Pretax Income -$37.96M $16.08M -$100.8M -$100.8M -$10.22M -$25.73M
YoY Change -336.01% -115.96% 0.0% 886.25% -60.28%
Income Tax -$23.92M $8.086M $3.706M $3.706M $3.146M $1.919M
% Of Pretax Income 50.27%
Net Earnings -$392.0K $20.56M -$96.51M -$96.51M -$16.17M -$30.50M
YoY Change -101.91% -121.3% 0.0% 496.77% -46.98%
Net Earnings / Revenue -0.03% 1.74% -10.01% -10.01% -2.11% -3.95%
Basic Earnings Per Share $0.00 $0.26
Diluted Earnings Per Share $0.00 $0.25 -$1.580M -$1.58 $142.6K $34.18K

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
Cash & Short-Term Investments $72.93M $41.90M $46.83M $46.83M $600.0K $900.0K
YoY Change 74.07% -10.53% 0.0% 7705.17% -33.33%
Cash & Equivalents $72.93M $41.90M $46.83M $46.83M
Short-Term Investments
Other Short-Term Assets $34.99M $18.40M $11.57M $11.57M $100.0K $300.0K
YoY Change 90.22% 58.95% 0.0% 11473.0% -66.67%
Inventory $118.0M $79.52M $59.81M $59.81M
Prepaid Expenses
Receivables $137.0M $131.4M $118.3M $118.3M
Other Receivables $9.274M $6.706M $7.666M $7.666M
Total Short-Term Assets $372.2M $277.9M $244.2M $244.2M $700.0K $1.300M
YoY Change 33.93% 13.81% 0.0% 34783.57% -46.15%
Property, Plant & Equipment $345.2M $303.8M $270.4M $270.4M
YoY Change 13.62% 12.35% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $451.0M $442.0M
YoY Change 2.04%
Other Assets $95.33M $55.96M $15.67M $15.67M
YoY Change 70.34% 257.11% 0.0%
Total Long-Term Assets $2.468B $2.438B $2.340B $2.340B $451.0M $442.0M
YoY Change 1.22% 4.21% 0.0% 418.84% 2.04%
Total Assets $2.840B $2.716B $2.584B $2.584B $451.7M $443.3M
YoY Change
Accounts Payable $114.4M $95.37M $57.25M $57.25M $0.00 $100.0K
YoY Change 19.91% 66.57% 0.0% -100.0%
Accrued Expenses $92.01M $71.28M $80.79M $80.79M $600.0K $0.00
YoY Change 29.09% -11.77% 0.0% 13364.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $31.06M $21.37M $9.487M $9.487M
YoY Change 45.34% 125.27% 0.0%
Total Short-Term Liabilities $237.4M $188.0M $200.1M $200.1M $600.0K $100.0K
YoY Change 26.28% -6.04% 0.0% 33251.5% 500.0%
Long-Term Debt $913.7M $855.3M $802.6M $802.6M $0.00 $0.00
YoY Change 6.83% 6.57% 0.0%
Other Long-Term Liabilities $112.8M $102.1M $122.8M $122.8M $15.50M $15.50M
YoY Change 10.49% -16.89% 0.0% 692.28% 0.0%
Total Long-Term Liabilities $1.026B $957.3M $925.4M $925.4M $15.50M $15.50M
YoY Change 7.22% 3.45% 0.0% 5870.11% 0.0%
Total Liabilities $2.137B $2.037B $2.031B $2.031B $16.10M $15.60M
YoY Change 4.94% 0.27% 0.0% 12516.5% 3.21%

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

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 80.09M shares 76.68M shares
Diluted Shares Outstanding 80.09M shares 81.09M shares
Preferred Stock
Treasury Stock Shares

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: $2.4275 Billion

About Utz Brands, Inc.

UTZ Brands, Inc. manufactures, markets, and distributes branded snacking products. The company is headquartered in Hanover Pennsylvania, Pennsylvania and currently employs 3,400 full-time employees. The company went IPO on 2018-11-26. The company produces a range of salty snacks, including potato chips, tortilla chips, pretzels, cheese snacks, pork skins, pub/party mixes, and other snacks. The company classifies its brands into Power and Foundation brands. Its Power Brands include Utz, On The Border, Zapp's, Boulder Canyon, Golden Flake Pork, TGI Friday's, Hawaiian, Tim's Cascade, TORTYAHS, Dirty, and Jax. Its Foundation Brands include Golden Flake ex-Pork, Snyder of Berlin, Bachman, H.K. Anderson, Vitner's, Kitchen Cooked, Wachusett, and other small brands, and also includes partner brands, Private Label, Co-Man, and Utz Branded non-salty snacks, such as On The Border Dips and Salsa. The company operates eight manufacturing facilities across the United States with a range of capabilities, and are distributed to grocery, mass merchant, club, convenience, drug and other retailers through direct shipments, distributors and approximately 2,450 direct-store delivery (DSD) routes.

Industry: Miscellaneous Food Preparations & Kindred Products Peers: BRC Inc. CAL-MAINE FOODS INC Freshpet, Inc. HAIN CELESTIAL GROUP INC J&J SNACK FOODS CORP Mondelez International, Inc. Sovos Brands, Inc. TOOTSIE ROLL INDUSTRIES INC TreeHouse Foods, Inc.