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U.S. Packaged Foods and Meats Industry Analysis

UpdatedJun 09, 2024
DataAggregated Company Financials
Companies101
  • 7D-1.8%
  • 3M-1.8%
  • 1Y-10.9%
  • YTDn/a

Over the last 7 days, the Packaged Foods and Meats industry has dropped 1.8%, driven by a pullback from Kraft Heinz of 2.8%. However, the industry is down 11% over the past year. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the U.S. Packaged Foods and Meats Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 09 Jun 2024US$407.3bUS$303.8bUS$19.2b17.5x21.3x1.3x
Tue, 07 May 2024US$418.3bUS$303.9bUS$18.2b18.5x23x1.4x
Thu, 04 Apr 2024US$416.9bUS$297.9bUS$17.9b21.1x23.2x1.4x
Sat, 02 Mar 2024US$415.1bUS$299.2bUS$17.8b20.6x23.4x1.4x
Mon, 29 Jan 2024US$429.4bUS$310.2bUS$18.8b19.7x22.9x1.4x
Wed, 27 Dec 2023US$418.1bUS$310.2bUS$18.8b19.2x22.2x1.3x
Fri, 24 Nov 2023US$407.9bUS$310.7bUS$18.9b19.6x21.6x1.3x
Sun, 22 Oct 2023US$385.3bUS$309.2bUS$19.5b19.6x19.7x1.2x
Tue, 19 Sep 2023US$430.5bUS$305.8bUS$19.5b22.3x22x1.4x
Thu, 17 Aug 2023US$442.8bUS$306.1bUS$19.5b19.9x22.7x1.4x
Sat, 15 Jul 2023US$459.4bUS$304.6bUS$19.6b19.3x23.5x1.5x
Mon, 12 Jun 2023US$476.7bUS$309.6bUS$20.1b20.4x23.7x1.5x
Wed, 10 May 2023US$503.3bUS$309.3bUS$21.1b20.7x23.9x1.6x
Fri, 07 Apr 2023US$488.3bUS$306.1bUS$21.6b20.3x22.6x1.6x
Sun, 05 Mar 2023US$463.4bUS$304.2bUS$21.6b21.4x21.5x1.5x
Tue, 31 Jan 2023US$463.1bUS$301.2bUS$22.0b23.9x21.1x1.5x
Thu, 29 Dec 2022US$474.9bUS$300.0bUS$21.6b21.6x22x1.6x
Sat, 26 Nov 2022US$479.5bUS$299.6bUS$21.6b28.2x22.2x1.6x
Mon, 24 Oct 2022US$441.0bUS$295.0bUS$23.2b25.2x19x1.5x
Wed, 21 Sep 2022US$442.8bUS$294.1bUS$23.0b23.3x19.3x1.5x
Fri, 19 Aug 2022US$478.0bUS$291.5bUS$23.2b22x20.6x1.6x
Sun, 17 Jul 2022US$452.3bUS$285.8bUS$22.6b20x20x1.6x
Tue, 14 Jun 2022US$436.0bUS$285.0bUS$22.4b19.5x19.4x1.5x
Thu, 12 May 2022US$477.9bUS$282.7bUS$21.8b21.6x21.9x1.7x
Sat, 09 Apr 2022US$482.9bUS$277.8bUS$20.7b27.6x23.3x1.7x
Mon, 07 Mar 2022US$476.4bUS$276.2bUS$20.9b27.4x22.8x1.7x
Wed, 02 Feb 2022US$470.1bUS$270.1bUS$21.6b25.3x21.7x1.7x
Fri, 31 Dec 2021US$465.1bUS$269.3bUS$22.0b26x21.1x1.7x
Sun, 28 Nov 2021US$439.5bUS$266.4bUS$22.0b25.1x20x1.6x
Tue, 26 Oct 2021US$448.1bUS$262.0bUS$21.1b25.9x21.2x1.7x
Thu, 23 Sep 2021US$444.0bUS$261.1bUS$21.3b24.7x20.8x1.7x
Sat, 21 Aug 2021US$457.5bUS$262.3bUS$21.0b20.7x21.8x1.7x
Price to Earnings Ratio

23.1x


Total Market Cap: US$473.3bTotal Earnings: US$20.5bTotal Revenue: US$253.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Packaged Foods and Meats Industry Price to Earnings3Y Average 21.7x202220232024
Current Industry PE
  • Investors are relatively neutral on the American Packaged Foods and Meats industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 21.7x.
  • The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Packaged Foods and Meats industry have declined 2.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.2% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does U.S. Packaged Foods and Meats compare with similar industries?

US Market0.83%
Consumer Staples-0.0018%
Food-1.91%
Packaged Foods and Meats-1.78%
Agricultural Products-2.79%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SJM J. M. SmuckerUS$114.983.0%
+US$354.6m
-25.1%PE16.4x
SOWG Sow GoodUS$22.7626.4%
+US$48.2m
237.2%PS8.5x
SOVO Sovos BrandsUS$22.981.0%
+US$23.4m
63.4%PE77.6x
VITL Vital FarmsUS$41.831.1%
+US$19.0m
195.4%PE47.1x
LSF Laird SuperfoodUS$4.3559.9%
+US$15.7m
370.3%PS1.2x
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Latest News

SJM

US$114.98

J. M. Smucker

7D

3.0%

1Y

-25.1%

HSY

US$196.06

Hershey

7D

-0.9%

1Y

-23.4%

LANC

US$186.06

Lancaster Colony

7D

0.3%

1Y

-6.2%

NOMD

US$17.60

Nomad Foods

7D

0.2%

1Y

-1.2%

TSN

US$55.86

Tyson Foods

7D

-2.4%

1Y

10.9%

MKC

US$68.58

McCormick

7D

-5.0%

1Y

-24.4%

GIS

US$67.46

General Mills

7D

-1.9%

1Y

-18.0%

SOWG

US$22.76

Sow Good

7D

26.4%

1Y

237.2%

BRCC

US$6.02

BRC

7D

3.8%

1Y

9.9%

LSF

US$4.35

Laird Superfood

7D

59.9%

1Y

370.3%

SOVO

US$22.98

Sovos Brands

7D

1.0%

1Y

63.4%