Food and kindred products company · NJ · FY ends Aug · Revenue $10.04B · 10.35% margin · $692M FCF
10.96% operating margin is respectable but not wide. ROIC at 8.25%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 6.4%, steady but not accelerating.
Net debt of $7.12B represents 10.1x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
$10.04B
▲ +6.4% YoY
Net Income (TTM)
$550M
▲ +6.2% YoY
Op. Margin
10.35%
▲ +0.6pp YoY
ROIC
7.75%
▲ +0.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$692M
▲ +5.5% YoY
Op. Cash Flow (TTM)
$1.13B
▼ -4.6% YoY
Net Debt
$6.92B
Cash & Equiv.
$561M
5Y CAGR: +3.4%
5Y CAGR: -8.5%
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