Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Beyond Meat Inc. is a food company that develops, manufactures, and markets plant-based meat products intended to replicate the taste and texture of animal protein. Its portfolio includes items such as Beyond Burger, Beyond Sausage, meatballs, ground-style products, and chicken-style offerings, which are used in burgers, tacos, pasta dishes, and other prepared foods. Beyond Meat serves both retail and foodservice channels, supplying grocery stores, club stores, restaurants, and institutional customers. The company focuses on consumers seeking alternatives to traditional meat for dietary, environmental, or ethical reasons, positioning its products as suitable for flexitarians, vegetarians, and vegans. Headquartered in El Segundo, California, and founded in the United States, Beyond Meat plays a notable role in the growing plant-based protein segment, providing branded products that compete directly with conventional beef, pork, and poultry in mainstream food categories.
The business is unprofitable at the operating level (-84.70% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 15.6% YoY. Margins deteriorated 36.9pp alongside, both lines moving the wrong way.
ROIC dropped from -10.11% to -26.98%, capital efficiency is deteriorating. Negative free cash flow of -$157M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$265M
▼ -15.6% YoY
Net Income (TTM)
$202M
▲ +211.1% YoY
Op. Margin
-82.37%
▼ -36.9pp YoY
ROIC
-26.98%
▼ -16.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$134M
▼ -43.2% YoY
Op. Cash Flow (TTM)
-$124M
▼ -39.8% YoY
Net Debt
$304M
Cash & Equiv.
$204M
3Y CAGR: -13.0%
Continue Research