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B&G Foods, Inc. (BGS) stock

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NYSE: BGS NYSE Packaged Foods & Meats Next results ~November 10, 2026

D Fundamentals grade

B&G Foods, Inc. is a US-listed company in the packaged foods & meats industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$5.6

Valuation models combined (2)

Base case. Range ~$5.3–$6.2. Weighted average of 2 models (forward price-to-earnings vs peers, forward price-to-sales vs peers).

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

B&G Foods, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 4 selling1 purchase and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds76 adding, 124 cuttingOf 29 active managers that changed their stake, 16 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter B&G Foods files

Where B&G Foods stands after its latest 10-Q

Revenue for the twelve months to July 2026 was $1.77bn, down 4.9% on a year earlier, a steeper fall than the 3.7% decline a quarter earlier. That puts it 20 of 23 for growth among the packaged foods & meats companies we cover. Free-cash-flow margin fell to 3.6% from 6.7% a year earlier. Operating margin widened to 3.6% from -7.9%. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 1 of our 6 financial-health checks. Our forward price-to-earnings vs peers value is $6.39 a share, against a share price of $2.02.

Source: 10-Q filed August 12, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 10, 2026 (estimated)

B&G Foods, Inc.'s trailing-twelve-month revenue fell 4.9% year on year, with a free-cash-flow margin of 3.6%. Where it lags: long-term debt as % of assets of 59.8% ranks 35 of 35 packaged foods & meats companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 48.8% while net income grew 68.4%: a 117pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Margins widening. Operating margin is up 11.5 points on a year ago.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 4.9% over the last 12 months.
  • Volatile shares. Over the past year the shares showed annualised volatility of 52% and a beta of -0.0 against the S&P 500.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 59.8% ranks 35 of 35 packaged foods & meats companies we cover (median 18.5%).
  • Heavily shorted. 17.7% of the shares available to trade are sold short (5.9 days of average volume to cover).
  • Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 10.3% over 90 days.

Latest results: FY2026 Q2

Filed August 12, 2026
Earnings per share
$0.06 against an average estimate of $0.06: beat by 6.8%
Revenue
$383m, down 9.7% on a year earlier
Share reaction
+5.3% in the first session after the results on August 11, 2026, against -0.1% for the S&P 500
Guidance given
net sales $1.74bn to $1.78bn (Full Year Fiscal 2026); adjusted EBITDA $275m to $290m (Full Year Fiscal 2026)
Next report
November 10, 2026; average EPS estimate $0.15

B&G Foods' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.9%
  • 1 week+18.1%
  • 1 month-10.4%
  • This year-38.5%
  • 1 year-31.0%
  • 5 years-88.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.8B
Operating margin
3.6%
Net margin
-4.0%
EPS (TTM, diluted)
$-0.88

Growth

Revenue growth
−4.9%
Change in growth rate
−1.2 pts
Share count change
+1.0%

Cash

Free cash flow (TTM)
$63.9M
FCF margin
3.6%
Stock pay % of revenue
0.7%

Earnings

Last results
August 11, 2026
Next results (est.)
November 4, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Announcement
  3. Leadership
  4. Results
  5. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

B&G Foods, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Our value per share comes from a discounted-cash-flow model of B&G Foods, Inc.'s free cash flow after stock-based pay ( $91.2M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value B&G Foods, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 7%: the 10-year Treasury yield (4.9%) plus a beta of 0.4 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: the projected cash flows don't support a positive value
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$5.3 ~$5.4–$8.8 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: the model gives no positive value
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$6.2 ~$10–$26 Included, half weight
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$5.6 ~$5.3–$6.2 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare B&G Foods, Inc. with Packaged Foods & Meats in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$14.58$18.99$16.05$14.61$9.50$16.09$18.94$7.44$7.47$5.36$3.83$2.41
Market value$826m$1.2bn$1.1bn$968m$618m$1.0bn$1.2bn$524m$555m$423m$305m$193m
+ Net debt (− = net cash)$1.8bn$1.7bn$2.0bn$1.6bn$1.9bn$2.3bn$2.3bn$2.4bn$2.0bn$2.0bn$1.9bn$2.0bn
Enterprise value$2.6bn$2.9bn$3.1bn$2.6bn$2.5bn$3.3bn$3.5bn$2.9bn$2.6bn$2.4bn$2.2bn$2.2bn
Multiples
Price / sales 0.9x0.9x0.7x0.6x0.4x0.5x0.6x0.2x0.3x0.2x0.2x0.1x
Price / earnings 12.0x11.0x4.9x5.6x8.1x7.9x18.5x—————
Price / free cash flow 7.5x4.9x—5.8x148.9x4.1x24.8x—2.5x4.1x4.3x3.0x
EV / EBITDA 12.9x10.1x10.8x6.6x9.5x9.8x12.5x16.1x17.2x—13.6x17.3x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

39 /100

Weak moat

How hard B&G Foods's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 7 / 20

    Cash operating profit has been a median 6.6% of total assets over 10 years.

  • Pricing power 8 / 20

    Gross margin has been a median 21.8%, moving by 2.9 percentage points (standard deviation) across 10 years.

  • Durability 2 / 20

    Operating margin has been a median 9.9%; its worst year was -7.9%.

  • Cash conversion 12 / 20

    Free cash flow was positive in 10 of 10 years, at a median 4.4% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 23.2% over five years; stock-based pay has been a median 0.3% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 10, 2026, after the close. Analysts expect revenue of $435m and EPS of $0.15 (range $0.15 to $0.16) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.56 +11% $1.7bn −5%
Next $0.51 −10% $1.7bn +1%

Next year's EPS estimate has moved −10.3% in 90 days, across 5 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +0.8% on 90 days ago. In the last 30 days, 0 analysts raised B&G Foods, Inc.'s forecast and 4 cut it.

Consensus EPS forecast B&G Foods, Inc., last 90 days
$0.50 $0.52 $0.54 $0.56 $0.58 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.56 Current fiscal year, 60 days ago: $0.55 Current fiscal year, 30 days ago: $0.55 Current fiscal year, 7 days ago: $0.55 Current fiscal year, Now: $0.56 $0.56 Next fiscal year, 90 days ago: $0.57 Next fiscal year, 60 days ago: $0.52 Next fiscal year, 30 days ago: $0.52 Next fiscal year, 7 days ago: $0.52 Next fiscal year, Now: $0.51 $0.51

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.56$0.57
60 days ago $0.55$0.52
30 days ago $0.55$0.52
7 days ago $0.55$0.52
Now $0.56$0.51

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.06 $0.06 +6.8%
Dec 2025 $0.30 $0.28 −7.0%
Sept 2025 $0.11 $0.15 +35.6%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 11, 2026
  • Net sales Full Year Fiscal 2026 $1.735bn to $1.775bn Maintained
    “Net sales reaffirmed at a range of $1.735 billion to $1.775 billion.” source
  • Adjusted diluted earnings per share Full Year Fiscal 2026 $0.575 to $0.675 Non-GAAP Maintained
    “Adjusted diluted earnings per share reaffirmed at a range of $0.575 to $0.675.” source
  • Adjusted EBITDA Full Year Fiscal 2026 $275m to $290m Non-GAAP Maintained
    “Adjusted EBITDA reaffirmed at a range of $275.0 million to $290.0 million.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows B&G Foods, Inc.'s revenue by -0.3% next year and +1.6% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (-1.6%, weight 49%) , management guidance (-0.7%, weight 22%) and the company's own record (+2.0%, weight 29%) . How the weights are set.

Analyst recommendations

5 analysts, Nov 2026
Buy00%
Hold480%
Sell120%

Monthly trend

  1. Nov 2026415
  2. Oct 2026415
  3. Sep 2026415

Counts of recommendations published by analysts covering B&G Foods, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
17.7%
of tradable shares
Days to cover
5.94
at average volume
Short interest, 1 month
+3%
to October 15, 2026
Held by institutions
59%
of shares
Held by insiders
4.9%
of shares
Employees
2,294
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −31.0%

$3.49 on October 31, 2025 to $2.41

ThenNowEffect
Revenue (last 12 months) $1.9bn $1.8bn −4.9%
P/S multiple 0.1x 0.1x −26.7%
Share count 79m 80m −1.0%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −61.7%

$6.30 on November 3, 2023 to $2.41

ThenNowEffect
Revenue (last 12 months) $2.1bn $1.8bn −17.0%
P/S multiple 0.2x 0.1x −48.4%
Share count 72m 80m −10.6%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
BGS+18%−61%+0%−28%−27%−39%
Industry peers (median)+8%−3%−5%−2%−16%−15%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
BGS67%25%50%42%58%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
BGS−31%−65%−51%−45%−47%−62%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 91% from January 27, 2021 to October 26, 2026. Getting back needed a 1068% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$2.04 – $5.35
From 52-week high
−55.0%
vs 50-day average
−13.0%
vs 200-day average
−37.6%
Volatility (1 year)
52%
Beta vs S&P 500
-0.04

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±13.8%
After a week
5 up, 7 down
typical move ±12.4%
After a month
5 up, 7 down
typical move ±14.1%
Results releasedNext dayS&P 500 next day5 days21 days
August 11, 2026 +5.3% −0.1% +1.5% −5.3%
May 12, 2026 −13.8% +0.4% −20.6% −20.6%
March 3, 2026 +13.3% −0.2% +5.0% −2.9%
November 5, 2025 +26.5% −0.7% +19.1% +15.3%
August 4, 2025 −3.4% +1.0% −1.7% +7.5%
May 7, 2025 −29.0% +1.1% −32.5% −31.1%
February 25, 2025 +4.3% −0.4% −0.9% −2.1%
November 5, 2024 −18.4% +3.7% −24.9% −23.6%
August 6, 2024 +0.7% +0.2% −0.7% +4.3%
May 8, 2024 −27.0% +0.6% −20.2% −17.5%
February 27, 2024 +21.7% +0.1% +19.0% +24.3%
November 8, 2023 −1.9% −0.7% +2.9% +14.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

B&G Foods, Inc. in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) B&G Foods, Inc.
$1.7B $1.8B $1.9B $2B $2.1B $2.2B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $2.1B Revenue (TTM), FY23 Q4: $2.1B Revenue (TTM), FY24 Q1: $2B Revenue (TTM), FY24 Q2: $2B Revenue (TTM), FY24 Q3: $2B Revenue (TTM), FY24 Q4: $1.9B Revenue (TTM), FY25 Q1: $1.9B Revenue (TTM), FY25 Q2: $1.9B Revenue (TTM), FY25 Q3: $1.8B Revenue (TTM), FY25 Q4: $1.8B Revenue (TTM), FY26 Q1: $1.8B Revenue (TTM), FY26 Q2: $1.8B $1.8B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $2.1B
FY23 Q4 $2.1B
FY24 Q1 $2B
FY24 Q2 $2B
FY24 Q3 $2B
FY24 Q4 $1.9B
FY25 Q1 $1.9B
FY25 Q2 $1.9B
FY25 Q3 $1.8B
FY25 Q4 $1.8B
FY26 Q1 $1.8B
FY26 Q2 $1.8B
Revenue growth, TTM YoY B&G Foods, Inc.
-8% -6% -4% -2% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -0.2% Revenue growth, TTM YoY, FY23 Q4: -4.7% Revenue growth, TTM YoY, FY24 Q1: -5.4% Revenue growth, TTM YoY, FY24 Q2: -6.2% Revenue growth, TTM YoY, FY24 Q3: -7.0% Revenue growth, TTM YoY, FY24 Q4: -6.3% Revenue growth, TTM YoY, FY25 Q1: -7.1% Revenue growth, TTM YoY, FY25 Q2: -6.9% Revenue growth, TTM YoY, FY25 Q3: -6.0% Revenue growth, TTM YoY, FY25 Q4: -5.4% Revenue growth, TTM YoY, FY26 Q1: -3.7% Revenue growth, TTM YoY, FY26 Q2: -4.9% -4.9%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -0.2%
FY23 Q4 -4.7%
FY24 Q1 -5.4%
FY24 Q2 -6.2%
FY24 Q3 -7.0%
FY24 Q4 -6.3%
FY25 Q1 -7.1%
FY25 Q2 -6.9%
FY25 Q3 -6.0%
FY25 Q4 -5.4%
FY26 Q1 -3.7%
FY26 Q2 -4.9%
Operating margin (TTM) B&G Foods, Inc.
-15% -10% -5% 0% 5% 10% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 5.0% Operating margin (TTM), FY23 Q4: 3.9% Operating margin (TTM), FY24 Q1: 0.1% Operating margin (TTM), FY24 Q2: -0.1% Operating margin (TTM), FY24 Q3: 6.2% Operating margin (TTM), FY24 Q4: -9.2% Operating margin (TTM), FY25 Q1: -6.7% Operating margin (TTM), FY25 Q2: -7.9% Operating margin (TTM), FY25 Q3: -10.2% Operating margin (TTM), FY25 Q4: 5.3% Operating margin (TTM), FY26 Q1: 2.8% Operating margin (TTM), FY26 Q2: 3.6% 3.6%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 5.0%
FY23 Q4 3.9%
FY24 Q1 0.1%
FY24 Q2 -0.1%
FY24 Q3 6.2%
FY24 Q4 -9.2%
FY25 Q1 -6.7%
FY25 Q2 -7.9%
FY25 Q3 -10.2%
FY25 Q4 5.3%
FY26 Q1 2.8%
FY26 Q2 3.6%
FCF margin (TTM) B&G Foods, Inc.
0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 8.9% FCF margin (TTM), FY23 Q4: 10.8% FCF margin (TTM), FY24 Q1: 9.1% FCF margin (TTM), FY24 Q2: 6.6% FCF margin (TTM), FY24 Q3: 5.9% FCF margin (TTM), FY24 Q4: 5.4% FCF margin (TTM), FY25 Q1: 6.3% FCF margin (TTM), FY25 Q2: 6.7% FCF margin (TTM), FY25 Q3: 3.0% FCF margin (TTM), FY25 Q4: 3.9% FCF margin (TTM), FY26 Q1: 2.6% FCF margin (TTM), FY26 Q2: 3.6% 3.6%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 8.9%
FY23 Q4 10.8%
FY24 Q1 9.1%
FY24 Q2 6.6%
FY24 Q3 5.9%
FY24 Q4 5.4%
FY25 Q1 6.3%
FY25 Q2 6.7%
FY25 Q3 3.0%
FY25 Q4 3.9%
FY26 Q1 2.6%
FY26 Q2 3.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Jan 2010 2010 Jan 2011 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Jan 2015 2015 Jan 2016 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Jan 2021 2021 Jan 2022 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Jan 2026 LTM Jul 2026
Income
Revenue 501 513 544 634 725 848 966 1,372 1,646 1,701 1,660 1,968 2,056 2,163 2,062 1,932 1,829 1,771
Gross profit 149 168 178 223 243 248 290 429 441 350 383 482 437 410 456 422 399 381
EBITDA 103 120 130 168 178 144 201 290 287 394 263 340 279 179 150 −109 163 125
Operating income 88 105 113 149 154 116 172 253 238 340 204 276 196 99 80 −177 97 63
Net income 17 32 50 59 52 41 69 109 217 172 76 132 67 −11 −66 −251 −43 −71
Diluted EPS $0.44 $0.67 $1.04 $1.20 $0.98 $0.76 $1.22 $1.73 $3.26 $2.60 $1.17 $2.04 $1.02 −$0.16 −$0.89 −$3.18 −$0.54 −$0.88
Growth (year on year)
Revenue — +2.5% +5.9% +16.5% +14.4% +17.0% +14.0% +42.0% +20.0% +3.3% −2.4% +18.5% +4.5% +5.2% −4.7% −6.3% −5.4% −4.9%
EBITDA — +16.2% +8.3% +29.4% +6.1% −19.4% +40.1% +44.3% −1.0% +37.2% −33.3% +29.5% −18.0% −35.8% −16.3% −172.4% — —
Operating income — +18.6% +8.4% +31.3% +3.3% −24.6% +48.5% +46.6% −5.9% +43.0% −40.1% +35.6% −29.1% −49.7% −18.5% −320.4% — —
Net income — +85.6% +55.2% +17.9% −11.7% −21.8% +68.7% +58.4% +98.7% −20.7% −55.7% +72.8% −49.0% −116.9% — — — —
Diluted EPS — +52.3% +55.2% +15.4% −18.3% −22.4% +60.5% +41.8% +88.4% −20.2% −55.0% +74.4% −50.0% −115.7% — — — —
Margins
Gross margin 29.7% 32.7% 32.7% 35.2% 33.5% 29.2% 30.0% 31.3% 26.8% 20.5% 23.1% 24.5% 21.3% 18.9% 22.1% 21.8% 21.8% 21.5%
EBITDA margin 20.6% 23.3% 23.8% 26.5% 24.6% 16.9% 20.8% 21.1% 17.4% 23.2% 15.8% 17.3% 13.6% 8.3% 7.3% −5.6% 8.9% 7.1%
Operating margin 17.6% 20.4% 20.9% 23.5% 21.2% 13.7% 17.8% 18.4% 14.5% 20.0% 12.3% 14.0% 9.5% 4.6% 3.9% −9.2% 5.3% 3.6%
Net margin 3.5% 6.3% 9.2% 9.3% 7.2% 4.8% 7.1% 8.0% 13.2% 10.1% 4.6% 6.7% 3.3% −0.5% −3.2% −13.0% −2.4% −4.0%
Free-cash-flow margin 10.4% 17.1% 11.3% 14.2% 13.8% 9.4% 11.4% 18.0% −1.3% 9.9% 0.2% 12.9% 2.4% −0.8% 10.8% 5.4% 3.9% 3.6%
Cash flow
Cash from operations 63 99 72 101 115 99 128 290 38 209 47 281 94 6 248 131 101 89
Capital spending 11 11 11 11 15 19 19 42 60 42 42 27 44 22 26 27 31 25
Free cash flow 52 88 61 90 100 80 110 247 −22 168 4 255 50 −16 222 104 71 64
Stock-based pay 5 4 4 4 4 2 6 6 5 3 3 11 5 4 7 9 13 13
Free cash flow after stock pay 48 84 57 86 96 78 104 241 −27 165 2 244 45 −20 215 95 57 51
Balance sheet
Cash 40 99 17 19 1 1 5 29 207 12 11 52 34 45 41 51 56 592
Total debt 0 478 725 641 — 1,027 1,764 1,750 2,250 1,650 1,900 2,357 2,287 2,404 2,064 2,044 1,968 2,556
Net debt (negative = net cash) −40 379 708 622 −1 1,025 1,759 1,721 2,044 1,638 1,889 2,304 2,253 2,359 2,023 1,994 1,912 1,964
Diluted shares 39m 48m 49m 50m 53m 54m 57m 63m 67m 66m 65m 65m 66m 70m 74m 79m 80m 80m
Returned to shareholders
Dividends 26 32 38 50 63 72 77 101 124 125 124 122 123 133 56 60 61 61
Buybacks 2 — 4 — — — — — — 27 35 — — — — — — —
Total returned 29 32 42 50 63 72 77 101 124 151 158 122 123 133 56 60 61 61

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 6 checks passed · July 4, 2026
What it owns · $3.4bn
Short-term assets $1.2bnLonger-term assets $2.2bn
What it owes, and who funded it · $3.4bn
Short-term liabilities $747mLonger-term liabilities $2.2bnShareholders' equity $395m
  • Short-term assets cover short-term liabilities $1.2bn of assets due within a year against $747m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.2bn short-term assets against $2.2bn of longer-dated liabilities.
  • More cash than debt $592m of cash against $2.5bn of debt.
  • Debt below 40% of shareholders' equity Debt is 638% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 246% to 638% over five years.
  • A year's operating cash flow covers at least 20% of debt $89m of operating cash flow against $2.5bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From B&G Foods, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$61M
Diluted share count
+1.0%
year over year
Total shareholder yield
31.1%
dividends 31.1% + buybacks 0.0% of market value
Sales & admin spending
10.7%
of revenue
Days sales outstanding
27 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in packaged foods & meats
Last 12 months unless stated BGS MZTI JJSF UTZ SMPL HAIN Median
Revenue, last 12 months $1.8bn $1.9bn $1.5bn $1.5bn $1.4bn $1.4bn $1.5bn
Revenue growth, last 12 months −4.9% 1.1% −4.7% 2.0% −6.5% −13.2% 2.1%
Revenue growth, 3-year average −6.0% 1.9% 0.2% 0.5% 3.0% −9.0% 1.5%
Revenue growth, latest quarter −9.7% −2.2% −6.2% 1.4% −9.7% −27.6% −1.8%
Gross margin 21.5% 24.7% 31.3% 25.4% 32.6% 20.1% 25.6%
Operating margin 3.6% 12.4% 3.9% 0.7% −13.2% −15.0% 3.1%
Operating margin, 3-year average −1.5% 11.5% 6.2% 2.2% 4.4% −15.2% 4.8%
Net margin −4.0% 9.9% 3.2% −2.0% −11.5% −22.5% 2.1%
Cash from operations / revenue 5.0% 14.7% 10.9% 8.0% 13.3% 5.8% 8.0%
Free-cash-flow margin 3.6% 10.7% 6.0% 3.5% 11.6% 4.3% 3.9%
Free-cash-flow margin, 3-year average 5.7% 10.4% 5.7% 1.0% 12.7% 2.9% 5.7%
Stock pay / revenue 0.7% 0.5% 0.4% 1.2% 1.3% 0.4% 0.6%
Change in share count 1.0% −0.3% −2.0% 0.6% −9.0% 0.7% 0.0%

Median of all 44 companies we cover in packaged foods & meats. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

44 packaged foods & meats companies
Measure Company Peer median Rank
Revenue growth Growth -4.9% 2.2% 36 of 44
Change in growth rate Growth -1.2pp -1.0pp 25 of 44
Gross margin Profitability 21.5% 25.6% 28 of 43
Operating margin Profitability 3.6% 3.4% 19 of 42
Net margin Profitability -4.0% 2.3% 30 of 44
Free-cash-flow margin Cash generation 3.6% 4.3% 23 of 43
Stock pay as % of revenue Cash generation 0.7% 0.6% 22 of 39
Long-term debt as % of assets Balance sheet 59.8% 18.5% 35 of 35
Change in share count Balance sheet 1.0% 0.1% 29 of 40
Days sales outstanding Balance sheet 27 days 33 days 13 of 35

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to January 3, 2026
Segments
Line of business Revenue Share YoY
Specialty $630M 34.4% ▼ 7.2%
Meals $444M 24.3% ▼ 3.9%
Spices and Flavor Solutions $396M 21.6% ▲ 0.1%
Frozen and Vegetables $359M 19.6% ▼ 9.4%

From B&G Foods, Inc.'s 10-K filed March 3, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$186M
Institutions reporting
180
Shares held vs prior quarter
▼ 8.0%
Positions opened / closed
16 / 52

Top buyers and sellers, Q2 2026: 76 institutions bought and 124 sold ; the biggest buyer was Dimensional Fund Advisors LP (+1.3M shares) and the biggest seller Two Sigma Investments, LP (−2.5M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $24.7M 6.2M 13.3% ▼ 6.0%
Goldman Sachs Group Inc $15.1M 3.8M 8.1% ▼ 15.4%
Vanguard Capital Management LLC $13.8M 3.5M 7.4% ▲ 1.3%
Dimensional Fund Advisors LP $11.9M 3.0M 6.4% ▲ 78.6%
Charles Schwab Investment Management Inc $10.2M 2.6M 5.5% ▼ 19.7%
Geode Capital Management, LLC $8.4M 2.1M 4.5% ▲ 11.2%
State Street Corp $7.3M 1.8M 3.9% ▲ 0.4%
Morgan Stanley $7.1M 1.8M 3.8% ▼ 28.5%
Vanguard Portfolio Management LLC $6.7M 1.7M 3.6% ▲ 1.9%
Dana Investment Advisors, Inc. $6.6M 1.6M 3.5% ▲ 9.7%
Hotchkis & Wiley Capital Management LLC $5.7M 1.4M 3.1% ▲ 32.2%
Bessemer Group Inc $4.3M 1.1M 2.3% ▲ 525652.2%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not B&G Foods, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $18,028 1 trade by 1 insider, last 12 months Insider sales History → $350,716 4 trades by 4 insiders · 0% under pre-set plans
Net ▼ $332,688 net selling
Insider Date Trade Shares Price Value
Brunts Deann L Director September 14, 2026 Buy 5,616 $3.21 $18,028
Vogel Andrew D EVP, PRESIDENT OF MEALS March 13, 2026 Sell 20,000 $5.19 $103,800
Wenner David L Director March 13, 2026 Sell 19,500 $5.19 $101,205
Schoch Martin C. EVP of Supply Chain March 12, 2026 Sell 11,321 $5.40 $61,133
Mullen Dennis M Director November 26, 2025 Sell 18,795 $4.50 $84,578

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 5 trades and filings

No trades in B&G Foods, Inc. disclosed in the last 12 months; 5 earlier trades on record.

  • Van Taylor(R-TX 3):Sale (full), $1,001 - $15,000, traded March 25, 2019, filed April 15, 2019
  • Gary J. Palmer(R-AL 6):Purchase, $1,001 - $15,000, traded July 5, 2018, filed September 29, 2018
  • Zoe Lofgren(D-CA 19):Purchase, $1,001 - $15,000, traded June 15, 2017, filed July 18, 2017

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • August 11, 2026
  • May 12, 2026
  • March 3, 2026
  • November 5, 2025
  • August 4, 2025
  • May 7, 2025

Recent SEC filings

Data status

When each part of this page on B&G Foods, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

B&G Foods, Inc. in brief

What does B&G Foods, Inc. do?
B&G Foods, Inc. is a US-listed company in the packaged foods & meats industry. Its financial year ends in December.
What is B&G Foods, Inc.'s stock ticker?
B&G Foods, Inc. trades under the ticker BGS on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is B&G Foods, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, B&G Foods, Inc. reported revenue of $1.8B, 4.9% lower than a year earlier, according to its SEC filings.
What is B&G Foods, Inc.'s free cash flow?
B&G Foods, Inc.'s free-cash-flow margin is 3.6% of revenue over the trailing twelve months, ranking 23 of the 43 packaged foods & meats companies we cover.
Who are B&G Foods, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Goldman Sachs Group Inc and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is B&G Foods, Inc.'s market cap?
On November 2, 2026, B&G Foods, Inc.'s market capitalisation was about $193M and net debt of $2B. Market figures come from third-party market data and may be delayed.
Does B&G Foods, Inc. pay a dividend?
Yes: B&G Foods, Inc. paid $61M in dividends over the trailing twelve months, a dividend yield of 31.15%.
How much debt does B&G Foods, Inc. have?
B&G Foods, Inc.'s debt-to-equity ratio is 638.4%, from its latest balance sheet (246.4% five years earlier). The financial health section below sets out its other solvency checks.
Who are B&G Foods, Inc.'s competitors?
In our Packaged Foods & Meats peer group, the companies closest to B&G Foods, Inc. are Marzetti Co, J&J Snack Foods Corp, Utz Brands, Inc., Simply Good Foods Co and Hain Celestial Group Inc. The side-by-side comparison below sets their revenue, margins and growth against B&G Foods, Inc.'s.
Are insiders buying or selling B&G Foods, Inc. stock?
Over the last 12 months, B&G Foods, Inc.'s directors and officers reported 1 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is B&G Foods, Inc.'s next earnings date?
Around November 10, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — B&G Foods, Inc. announces its own schedule.