Central Garden & Pet (CENT) Financials

$37.83 -0.70 (-1.82%)

As of 02:38 PM Eastern

Annual Income Statements for Central Garden & Pet

This table shows Central Garden & Pet's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	9/26/2015	9/24/2016	9/30/2017	9/29/2018	9/28/2019	9/26/2020	9/25/2021	9/24/2022	9/30/2023	9/28/2024	9/27/2025
Net Income / (Loss) Attributable to Common Shareholders	32	45	79	124	93	121	152	152	126	108	163
Consolidated Net Income / (Loss)	33	46	80	124	93	122	153	153	126	109	164
Net Income / (Loss) Continuing Operations	33	46	80	124	93	122	153	153	126	109	164
Total Pre-Tax Income	52	70	126	127	119	154	195	199	162	142	217
Total Operating Income	91	129	156	167	152	198	254	260	211	185	250
Total Gross Profit	488	553	633	675	704	797	971	992	947	944	997
Total Revenue	1,651	1,829	2,054	2,215	2,383	2,696	3,304	3,339	3,310	3,200	3,129
Operating Revenue	1,651	1,829	2,054	2,215	2,383	2,696	3,304	3,339	3,310	3,200	3,129
Total Cost of Revenue	1,163	1,276	1,422	1,540	1,679	1,899	2,333	2,346	2,363	2,257	2,132
Operating Cost of Revenue	1,163	1,276	1,422	1,540	1,679	1,899	2,333	2,346	2,363	2,257	2,132
Total Operating Expenses	397	424	477	508	552	599	716	732	736	758	747
Selling, General & Admin Expense	389	422	477	508	552	599	716	732	736	758	747
Total Other Income / (Expense), net	-40	-60	-30	-40	-33	-44	-60	-61	-48	-43	-33
Interest Expense	40	43	28	39	43	44	59	58	57	58	58
Interest & Investment Income	0.13	0.14	0.15	3.15	9.55	4.03	0.42	0.72	7.36	20	25
Other Income / (Expense), net	0.01	-17	-1.62	-3.86	0.24	-4.25	-1.51	-3.60	1.46	-5.09	-0.48
Income Tax Expense	19	24	47	3.31	27	32	42	46	36	33	53
Net Income / (Loss) Attributable to Noncontrolling Interest	1.04	1.07	0.90	0.53	-0.14	0.84	1.03	0.52	0.45	1.33	1.12
Basic Earnings per Share	$0.66	$0.91	$1.57	$2.39	$1.63	$2.23	$2.81	$2.29	$1.92	$1.64	$2.58
Weighted Average Basic Shares Outstanding	48.56M	48.96M	50.23M	51.72M	56.77M	54.01M	53.91M	66.53M	65.49M	65.71M	63.09M
Diluted Earnings per Share	$0.64	$0.87	$1.52	$2.32	$1.61	$2.20	$2.75	$2.24	$1.88	$1.62	$2.55
Weighted Average Diluted Shares Outstanding	49.64M	51.08M	51.82M	53.34M	57.61M	54.74M	55.25M	68.03M	66.78M	66.86M	63.82M
Weighted Average Basic & Diluted Shares Outstanding	48.40M	48.90M	50.20M	57.81M	55.93M	54.84M	55.15M	54.12M	53.81M	65.59M	62.33M

This table shows Central Garden & Pet's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	6/24/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/28/2024	12/28/2024	3/29/2025	6/28/2025	9/27/2025	12/27/2025
Net Income / (Loss) Attributable to Common Shareholders	83	2.84	0.43	62	80	-34	14	64	95	-9.81	6.84
Consolidated Net Income / (Loss)	84	2.72	0.57	63	80	-34	14	65	95	-10	6.86
Net Income / (Loss) Continuing Operations	84	2.72	0.57	63	80	-34	14	65	95	-10	6.86
Total Pre-Tax Income	111	-0.38	-0.30	82	106	-45	19	85	127	-14	8.95
Total Operating Income	123	9.37	8.41	93	116	-32	28	93	135	-6.40	17
Total Gross Profit	318	197	179	279	317	169	196	273	332	197	191
Total Revenue	1,023	750	635	900	996	669	656	834	961	678	617
Operating Revenue	1,023	750	635	900	996	669	656	834	961	678	617
Total Cost of Revenue	705	553	456	621	679	501	461	560	629	482	427
Operating Cost of Revenue	705	553	456	621	679	501	461	560	629	482	427
Total Operating Expenses	195	188	170	185	201	201	168	180	197	203	174
Selling, General & Admin Expense	195	188	170	185	201	201	168	180	197	203	174
Total Other Income / (Expense), net	-12	-9.75	-8.71	-12	-9.99	-13	-9.45	-8.61	-7.77	-7.46	-7.59
Interest Expense	15	13	14	14	15	14	14	15	14	14	15
Interest & Investment Income	1.41	5.08	4.61	2.90	4.50	7.64	6.74	5.15	5.52	7.48	6.74
Other Income / (Expense), net	0.85	-1.69	0.99	-0.17	0.23	-6.14	-1.72	0.74	1.07	-0.58	0.18
Income Tax Expense	27	-3.10	-0.87	19	25	-11	4.36	20	32	-3.42	2.09
Net Income / (Loss) Attributable to Noncontrolling Interest	0.42	-0.12	0.14	0.68	0.75	-0.24	0.17	1.17	0.40	-0.63	0.02
Basic Earnings per Share	$1.27	$0.04	$0.01	$0.94	$1.21	($0.52)	$0.22	$0.99	$1.53	($0.16)	$0.11
Weighted Average Basic Shares Outstanding	65.58M	65.49M	65.42M	65.64M	65.85M	65.71M	64.55M	64.14M	61.98M	63.09M	61.41M
Diluted Earnings per Share	$1.25	$0.04	$0.01	$0.93	$1.19	($0.52)	$0.21	$0.98	$1.52	($0.16)	$0.11
Weighted Average Diluted Shares Outstanding	66.73M	66.78M	66.79M	66.83M	66.95M	66.86M	65.45M	64.88M	62.61M	63.82M	62.06M
Weighted Average Basic & Diluted Shares Outstanding	53.68M	53.81M	53.78M	67.40M	67.42M	65.59M	65.51M	63.41M	62.87M	62.33M	62.27M

This table details how cash moves in and out of Central Garden & Pet's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	9/26/2015	9/24/2016	9/30/2017	9/29/2018	9/28/2019	9/26/2020	9/25/2021	9/24/2022	9/30/2023	9/28/2024	9/27/2025
Net Change in Cash & Equivalents	-31	45	-59	448	18	156	-227	-247	311	266	130
Net Cash From Operating Activities	87	151	114	114	205	264	251	-34	382	395	333
Net Cash From Continuing Operating Activities	87	151	114	114	205	264	251	-34	382	395	333
Net Income / (Loss) Continuing Operations	33	46	80	124	93	122	153	153	126	109	164
Consolidated Net Income / (Loss)	33	46	80	124	93	122	153	153	126	109	164
Depreciation Expense	34	40	43	47	51	55	75	81	88	91	85
Amortization Expense	2.00	1.50	1.36	1.75	1.83	1.87	2.21	2.66	2.70	2.69	2.70
Non-Cash Adjustments To Reconcile Net Income	15	24	-6.82	14	15	63	80	74	90	126	94
Changes in Operating Assets and Liabilities, net	4.13	41	-2.68	-73	45	22	-59	-344	75	66	-13
Net Cash From Investing Activities	-50	-91	-163	-141	-76	-48	-899	-143	-35	-105	-45
Net Cash From Continuing Investing Activities	-50	-91	-163	-141	-76	-48	-899	-143	-35	-105	-45
Purchase of Property, Plant & Equipment	-22	-28	-45	-38	-32	-43	-80	-115	-54	-43	-41
Acquisitions	-38	-69	-122	-100	-43	-4.44	-821	-28	-0.50	-62	-3.32
Divestitures	-	-	-	-	0.00	0.00	2.40	0.00	20	0.00	0.00
Other Investing Activities, net	0.58	1.52	-4.36	-2.75	-1.52	-0.61	-0.47	0.04	-0.12	-0.18	-0.15
Net Cash From Financing Activities	-68	-14	-10	475	-111	-61	420	-67	-38	-25	-157
Net Cash From Continuing Financing Activities	-68	-14	-10	475	-111	-61	420	-67	-38	-25	-157
Repayment of Debt	-363	-827	-552	-28	-48	-201	-1,309	-3.51	-48	-0.37	-0.23
Repurchase of Common Equity	-18	-11	-28	-14	-63	-59	-28	-62	-37	-24	-155
Payment of Dividends	-1.68	-0.59	-1.02	-1.60	-0.08	-0.14	-0.61	-0.81	0.00	-0.90	-1.35
Issuance of Debt	312	819	552	323	0.00	200	1,758	0.00	48	0.00	0.00
Issuance of Common Equity	0.20	0.32	0.00	196	-	-	-	-	0.00	0.00	0.00
Other Financing Activities, net	2.15	4.84	19	-0.25	-0.17	-0.23	-0.37	-0.22	-0.05	-0.10	0.00
Effect of Exchange Rate Changes	-0.32	-0.67	-	-	-0.25	0.09	1.17	-3.51	1.19	1.26	-0.95
Cash Interest Paid	40	33	28	37	43	44	43	58	57	58	58
Cash Income Taxes Paid	3.19	10	11	20	15	26	71	35	18	54	62

This table details how cash moves in and out of Central Garden & Pet's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	6/24/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/28/2024	12/28/2024	3/29/2025	6/28/2025	9/27/2025	12/27/2025
Net Change in Cash & Equivalents	273	156	-147	-40	269	184	-136	-101	196	171	-161
Net Cash From Operating Activities	325	154	-70	-25	286	203	-69	-47	265	183	-70
Net Cash From Continuing Operating Activities	325	153	-70	-25	286	203	-69	-47	265	183	-70
Net Income / (Loss) Continuing Operations	84	2.72	0.57	63	80	-34	14	65	95	-10	6.86
Consolidated Net Income / (Loss)	84	2.72	0.57	63	80	-34	14	65	95	-10	6.86
Depreciation Expense	22	22	23	23	23	23	22	21	21	21	21
Amortization Expense	0.67	0.68	0.67	0.67	0.67	0.67	0.67	0.67	0.67	0.67	0.64
Non-Cash Adjustments To Reconcile Net Income	33	17	18	18	38	52	20	18	20	35	24
Changes in Operating Assets and Liabilities, net	185	111	-112	-129	144	163	-126	-151	128	137	-122
Net Cash From Investing Activities	-11	6.87	-70	-9.81	-14	-11	-9.42	-11	-14	-11	-68
Net Cash From Continuing Investing Activities	-11	6.87	-70	-9.81	-14	-11	-9.42	-11	-14	-11	-68
Purchase of Property, Plant & Equipment	-11	-13	-10	-9.35	-14	-10	-6.10	-11	-14	-11	-11
Acquisitions	-	-	-60	-0.32	-0.65	-0.56	-3.32	-	-	-	-57
Net Cash From Financing Activities	-42	-3.89	-7.79	-5.39	-2.84	-9.43	-55	-44	-57	-0.36	-23
Net Cash From Continuing Financing Activities	-42	-3.89	-7.79	-5.39	-2.84	-9.43	-55	-44	-57	-0.36	-23
Repayment of Debt	-25	-0.12	-0.09	-0.07	-0.13	-0.08	-0.08	-0.07	-0.06	-0.03	-2.34
Repurchase of Common Equity	-17	-3.75	-6.78	-5.28	-2.70	-9.32	-54	-44	-57	-0.33	-20
Payment of Dividends	-	-	-0.90	-	-	0.00	-1.35	-	-	-	-1.14
Effect of Exchange Rate Changes	0.89	-0.86	0.79	-0.38	-0.12	0.96	-2.04	0.59	1.33	-0.83	0.33
Cash Interest Paid	20	7.72	20	8.94	20	8.68	20	9.07	20	8.92	20

This table presents Central Garden & Pet's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	9/26/2015	9/24/2016	9/30/2017	9/29/2018	9/28/2019	9/26/2020	9/25/2021	9/24/2022	9/30/2023	9/28/2024	9/27/2025
Total Assets	1,132	1,181	1,307	1,907	2,025	2,339	3,117	3,282	3,379	3,553	3,626
Total Current Assets	654	683	683	1,217	1,307	1,525	1,544	1,554	1,707	1,887	1,976
Cash & Equivalents	48	93	32	482	498	653	426	177	489	754	882
Restricted Cash	13	11	13	11	13	14	13	15	14	15	16
Accounts Receivable	207	201	238	276	300	392	385	377	333	326	325
Inventories, net	336	362	382	428	466	440	685	938	838	758	722
Prepaid Expenses	50	16	18	21	30	27	34	47	33	34	30
Plant, Property, & Equipment, net	163	158	181	218	245	0.00	329	397	392	379	363
Total Noncurrent Assets	315	339	443	472	472	814	1,244	1,331	1,280	1,287	1,286
Goodwill	209	231	256	281	286	290	369	546	546	551	555
Intangible Assets	75	96	116	152	146	135	134	543	497	473	448
Other Noncurrent Operating Assets	30	12	71	39	40	389	741	242	236	263	284
Total Liabilities & Shareholders' Equity	1,132	1,181	1,307	1,907	2,025	2,339	3,117	3,282	3,379	3,553	3,626
Total Liabilities	625	626	670	954	1,029	1,262	1,893	1,947	1,926	1,996	2,041
Total Current Liabilities	177	202	220	213	279	440	522	466	458	515	539
Short-Term Debt	0.29	0.46	0.38	0.12	0.11	0.10	1.08	0.32	0.25	0.24	0.06
Accounts Payable	89	102	103	110	149	205	246	216	191	213	235
Accrued Expenses	88	99	117	103	129	201	235	202	216	245	247
Other Current Liabilities	-	-	-	-	0.00	33	41	48	51	57	57
Total Noncurrent Liabilities	448	424	450	741	750	821	1,371	1,481	1,468	1,481	1,502
Long-Term Debt	448	424	450	741	693	694	1,185	1,186	1,188	1,190	1,192
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	-	57	41	56	147	144	118	119
Other Noncurrent Operating Liabilities	-	-	-	-	0.00	87	130	148	136	173	192
Total Equity & Noncontrolling Interests	506	555	637	953	996	1,078	1,224	1,335	1,453	1,558	1,585
Total Preferred & Common Equity	505	553	636	952	996	1,077	1,222	1,334	1,451	1,556	1,583
Total Common Equity	505	553	635	952	996	1,076	1,222	1,334	1,451	1,556	1,583
Common Stock	389	393	397	590	576	567	577	583	595	599	572
Retained Earnings	116	161	239	363	422	511	646	755	859	960	1,015
Accumulated Other Comprehensive Income / (Loss)	0.16	-1.29	-0.95	-1.22	-1.68	-1.41	-0.83	-4.15	-2.97	-2.63	-3.85
Noncontrolling Interest	1.09	1.57	1.46	0.39	0.17	0.87	1.29	1.01	1.46	1.89	1.67

This table presents Central Garden & Pet's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	6/25/2022	12/24/2022	3/25/2023	6/24/2023	12/30/2023	3/30/2024	6/29/2024	12/28/2024	3/29/2025	6/28/2025	12/27/2025
Total Assets	3,346	3,229	3,351	3,420	3,422	3,540	3,608	3,536	3,630	3,657	3,643
Total Current Assets	1,633	1,513	1,654	1,742	1,714	1,851	1,910	1,888	1,975	2,000	1,966
Cash & Equivalents	196	88	61	333	341	301	570	618	517	713	721
Restricted Cash	13	15	13	14	14	14	14	15	15	15	16
Accounts Receivable	506	329	565	493	371	578	508	399	579	523	358
Inventories, net	883	1,024	967	865	948	914	785	816	824	718	836
Prepaid Expenses	36	57	48	37	39	43	33	40	41	31	34
Plant, Property, & Equipment, net	390	397	396	392	389	387	384	371	368	366	359
Total Noncurrent Assets	1,322	1,320	1,301	1,286	1,319	1,302	1,313	1,277	1,286	1,291	1,319
Goodwill	512	546	546	546	546	546	546	551	555	555	555
Intangible Assets	491	534	525	512	489	481	473	466	462	455	441
Other Noncurrent Operating Assets	319	239	229	227	283	275	294	260	270	281	323
Total Liabilities & Shareholders' Equity	3,346	3,229	3,351	3,420	3,422	3,540	3,608	3,536	3,630	3,657	3,643
Total Liabilities	1,994	1,906	1,979	1,973	1,970	2,028	2,012	2,016	2,086	2,067	2,067
Total Current Liabilities	516	423	476	496	494	556	521	544	598	562	574
Short-Term Debt	0.35	0.30	0.27	0.26	0.47	0.32	0.29	0.17	0.12	0.08	0.06
Accounts Payable	241	194	225	198	212	237	191	222	264	211	264
Accrued Expenses	229	179	201	248	230	268	277	263	275	294	257
Other Current Liabilities	46	49	49	50	51	51	53	59	58	57	53
Total Noncurrent Liabilities	1,477	1,483	1,503	1,476	1,476	1,471	1,491	1,472	1,489	1,505	1,493
Long-Term Debt	1,186	1,187	1,212	1,187	1,189	1,189	1,189	1,190	1,191	1,191	1,192
Noncurrent Deferred & Payable Income Tax Liabilities	136	151	155	157	150	148	150	119	122	125	120
Other Noncurrent Operating Liabilities	155	145	136	132	137	135	151	163	176	188	181
Total Equity & Noncontrolling Interests	1,352	1,323	1,372	1,447	1,453	1,512	1,596	1,520	1,543	1,591	1,576
Total Preferred & Common Equity	1,351	1,323	1,371	1,446	1,452	1,511	1,594	1,519	1,542	1,588	1,575
Total Common Equity	1,351	1,323	1,371	1,446	1,452	1,511	1,594	1,519	1,542	1,588	1,575
Common Stock	582	586	588	589	595	593	596	587	576	567	569
Retained Earnings	771	741	787	858	859	921	1,001	936	970	1,025	1,009
Accumulated Other Comprehensive Income / (Loss)	-1.92	-3.36	-3.60	-1.96	-2.11	-2.83	-3.20	-4.66	-4.62	-3.53	-3.36
Noncontrolling Interest	1.38	0.59	1.15	1.58	0.70	1.38	2.13	0.72	1.89	2.30	0.54

This table displays calculated financial ratios and metrics derived from Central Garden & Pet's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	9/26/2015	9/24/2016	9/30/2017	9/29/2018	9/28/2019	9/26/2020	9/25/2021	9/24/2022	9/30/2023	9/28/2024	9/27/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.89%	10.80%	12.33%	7.83%	7.57%	13.11%	22.56%	1.06%	-0.85%	-3.31%	-2.23%
EBITDA Growth	34.54%	21.00%	29.07%	6.98%	-3.51%	22.44%	31.47%	3.07%	-11.04%	-9.49%	23.14%
EBIT Growth	61.52%	22.85%	37.51%	5.82%	-6.83%	27.19%	30.59%	1.36%	-17.29%	-15.00%	38.42%
NOPAT Growth	47.08%	44.60%	16.26%	65.56%	-27.52%	32.46%	27.54%	0.01%	-18.08%	-12.98%	32.93%
Net Income Growth	236.17%	38.07%	74.90%	55.68%	-25.36%	31.16%	25.72%	-0.07%	-17.41%	-13.31%	49.99%
EPS Growth	255.56%	35.94%	74.71%	52.63%	-30.60%	36.65%	25.00%	-0.07%	-17.41%	-13.83%	57.41%
Operating Cash Flow Growth	-30.85%	73.16%	-24.51%	-0.17%	79.63%	28.93%	-5.08%	-113.57%	1,221.46%	3.47%	-15.80%
Free Cash Flow Firm Growth	-66.96%	178.61%	-166.02%	105.39%	3,708.73%	63.11%	-389.35%	75.98%	321.93%	-15.01%	-3.69%
Invested Capital Growth	2.44%	-2.15%	19.09%	15.29%	-1.89%	-6.22%	78.21%	18.24%	-8.20%	-7.43%	-5.10%
Revenue Q/Q Growth	0.74%	1.50%	3.90%	0.54%	1.64%	5.28%	1.95%	-0.94%	1.31%	-2.46%	0.28%
EBITDA Q/Q Growth	1.11%	-1.65%	9.65%	0.87%	-0.97%	7.16%	-3.24%	1.07%	-1.10%	-14.30%	9.65%
EBIT Q/Q Growth	-0.14%	-4.28%	12.23%	0.46%	-2.05%	8.10%	-6.44%	1.15%	-1.37%	-20.41%	14.48%
NOPAT Q/Q Growth	-2.54%	10.94%	0.12%	8.91%	-10.83%	9.84%	-5.93%	0.32%	0.55%	-19.98%	11.92%
Net Income Q/Q Growth	-0.62%	-3.18%	13.84%	5.58%	-8.33%	10.59%	-9.91%	0.56%	4.20%	-25.35%	17.12%
EPS Q/Q Growth	-1.54%	-2.25%	14.29%	4.04%	-6.94%	8.91%	-11.86%	0.56%	4.20%	-26.36%	14.35%
Operating Cash Flow Q/Q Growth	-23.43%	25.73%	9.40%	27.61%	8.36%	31.42%	-29.14%	-234.45%	38.31%	14.17%	-5.77%
Free Cash Flow Firm Q/Q Growth	-64.68%	285.91%	-73.30%	112.51%	76.12%	37.03%	-51.37%	31.83%	73.26%	13.70%	-8.19%
Invested Capital Q/Q Growth	5.00%	-2.89%	0.30%	-1.38%	-7.25%	-11.25%	3.84%	-0.04%	-6.56%	-10.08%	-8.56%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	29.57%	30.24%	30.80%	30.49%	29.54%	29.55%	29.39%	29.72%	28.60%	29.49%	31.87%
EBITDA Margin	7.70%	8.41%	9.67%	9.59%	8.60%	9.31%	9.99%	10.19%	9.14%	8.55%	10.77%
Operating Margin	5.54%	7.07%	7.60%	7.55%	6.38%	7.34%	7.70%	7.79%	6.36%	5.79%	7.99%
EBIT Margin	5.54%	6.14%	7.52%	7.38%	6.39%	7.19%	7.66%	7.68%	6.41%	5.63%	7.98%
Profit (Net Income) Margin	2.00%	2.49%	3.88%	5.60%	3.89%	4.51%	4.62%	4.57%	3.81%	3.42%	5.24%
Tax Burden Percent	64.04%	65.46%	63.06%	97.41%	77.69%	79.04%	78.42%	76.76%	77.62%	76.75%	75.65%
Interest Burden Percent	56.37%	61.99%	81.84%	77.95%	78.29%	79.36%	77.00%	77.56%	76.59%	78.99%	86.85%
Effective Tax Rate	35.96%	34.54%	36.94%	2.59%	22.31%	20.96%	21.58%	23.24%	22.38%	23.25%	24.35%
Return on Invested Capital (ROIC)	6.63%	9.57%	10.27%	14.53%	9.93%	13.70%	12.98%	9.29%	7.32%	6.91%	9.81%
ROIC Less NNEP Spread (ROIC-NNEP)	0.03%	-1.47%	5.11%	2.63%	-1.90%	-19.58%	0.88%	3.89%	2.87%	0.95%	2.76%
Return on Net Nonoperating Assets (RNNOA)	0.02%	-0.98%	3.11%	1.08%	-0.42%	-1.98%	0.30%	2.65%	1.73%	0.35%	0.63%
Return on Equity (ROE)	6.65%	8.59%	13.38%	15.61%	9.51%	11.72%	13.28%	11.94%	9.05%	7.26%	10.44%
Cash Return on Invested Capital (CROIC)	4.22%	11.74%	-7.15%	0.33%	11.84%	20.12%	-43.24%	-7.43%	15.87%	14.63%	15.04%
Operating Return on Assets (OROA)	8.02%	9.72%	12.42%	10.17%	7.75%	8.88%	9.27%	8.02%	6.37%	5.20%	6.95%
Return on Assets (ROA)	2.90%	3.94%	6.41%	7.72%	4.71%	5.57%	5.60%	4.77%	3.79%	3.15%	4.57%
Return on Common Equity (ROCE)	6.63%	8.56%	13.34%	15.58%	9.50%	11.71%	13.26%	11.92%	9.04%	7.25%	10.42%
Return on Equity Simple (ROE_SIMPLE)	6.53%	8.24%	12.54%	13.03%	9.30%	11.29%	12.50%	11.45%	8.69%	7.03%	0.00%
Net Operating Profit after Tax (NOPAT)	59	85	98	163	118	156	200	200	164	142	189
NOPAT Margin	3.55%	4.63%	4.79%	7.36%	4.96%	5.81%	6.04%	5.98%	4.94%	4.45%	6.04%
Net Nonoperating Expense Percent (NNEP)	6.60%	11.04%	5.16%	11.90%	11.83%	33.29%	12.10%	5.39%	4.46%	5.96%	7.05%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-	-	6.81%
Cost of Revenue to Revenue	70.44%	69.76%	69.20%	69.51%	70.46%	70.45%	70.61%	70.28%	71.40%	70.51%	68.13%
SG&A Expenses to Revenue	23.59%	23.07%	23.20%	22.93%	23.16%	22.21%	21.69%	21.93%	22.24%	23.70%	23.88%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	24.03%	23.17%	23.20%	22.93%	23.16%	22.21%	21.69%	21.93%	22.24%	23.70%	23.88%
Earnings before Interest and Taxes (EBIT)	91	112	154	163	152	194	253	256	212	180	250
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	127	154	199	212	205	251	330	340	303	274	337
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.62	2.34	3.17	1.98	1.72	1.92	2.13	1.53	1.63	1.59	1.32
Price to Tangible Book Value (P/TBV)	3.71	5.73	7.65	3.63	3.03	3.17	3.62	8.39	5.81	4.65	3.60
Price to Revenue (P/Rev)	0.50	0.71	0.98	0.85	0.72	0.77	0.79	0.61	0.72	0.77	0.67
Price to Earnings (P/E)	25.56	29.00	25.51	15.22	18.42	17.13	17.13	13.45	18.86	22.88	12.83
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	3.91%	3.45%	3.92%	6.57%	5.43%	5.84%	5.84%	7.43%	5.30%	4.37%	7.79%
Enterprise Value to Invested Capital (EV/IC)	1.35	1.84	2.32	1.77	1.61	1.90	1.70	1.31	1.43	1.46	1.27
Enterprise Value to Revenue (EV/Rev)	0.73	0.88	1.18	0.96	0.79	0.78	1.01	0.91	0.92	0.90	0.76
Enterprise Value to EBITDA (EV/EBITDA)	9.49	10.48	12.17	10.03	9.23	8.35	10.15	8.95	10.10	10.57	7.07
Enterprise Value to EBIT (EV/EBIT)	13.19	14.36	15.65	13.03	12.42	10.82	13.23	11.86	14.41	16.05	9.55
Enterprise Value to NOPAT (EV/NOPAT)	20.60	19.05	24.55	13.07	16.01	13.39	16.77	15.24	18.69	20.34	12.60
Enterprise Value to Operating Cash Flow (EV/OCF)	13.79	10.65	21.15	18.67	9.23	7.93	13.34	0.00	8.01	7.33	7.17
Enterprise Value to Free Cash Flow (EV/FCFF)	32.35	15.53	0.00	575.89	13.43	9.12	0.00	0.00	8.62	9.61	8.22
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.89	0.77	0.71	0.78	0.70	0.64	0.97	0.89	0.82	0.76	0.75
Long-Term Debt to Equity	0.89	0.76	0.71	0.78	0.70	0.64	0.97	0.89	0.82	0.76	0.75
Financial Leverage	0.78	0.67	0.61	0.41	0.22	0.10	0.34	0.68	0.60	0.37	0.23
Leverage Ratio	2.30	2.18	2.09	2.02	2.02	2.10	2.37	2.50	2.39	2.30	2.28
Compound Leverage Factor	1.29	1.35	1.71	1.58	1.58	1.67	1.83	1.94	1.83	1.82	1.98
Debt to Total Capital	46.98%	43.35%	41.39%	43.76%	41.03%	39.17%	49.22%	47.06%	44.99%	43.31%	42.92%
Short-Term Debt to Total Capital	0.03%	0.05%	0.03%	0.01%	0.01%	0.01%	0.04%	0.01%	0.01%	0.01%	0.00%
Long-Term Debt to Total Capital	46.94%	43.30%	41.35%	43.76%	41.02%	39.17%	49.17%	47.05%	44.98%	43.30%	42.92%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.11%	0.16%	0.13%	0.02%	0.01%	0.05%	0.05%	0.04%	0.06%	0.07%	0.06%
Common Equity to Total Capital	52.86%	56.44%	58.43%	56.18%	58.96%	60.75%	50.73%	52.90%	54.95%	56.62%	57.02%
Debt to EBITDA	3.53	2.76	2.27	3.49	3.38	2.77	3.59	3.49	3.93	4.35	3.53
Net Debt to EBITDA	3.05	2.08	2.04	1.17	0.89	0.11	2.26	2.92	2.27	1.54	0.87
Long-Term Debt to EBITDA	3.53	2.76	2.26	3.49	3.38	2.77	3.59	3.49	3.93	4.35	3.53
Debt to NOPAT	7.66	5.01	4.57	4.55	5.87	4.44	5.94	5.94	7.27	8.36	6.30
Net Debt to NOPAT	6.62	3.78	4.11	1.52	1.54	0.18	3.74	4.98	4.19	2.96	1.55
Long-Term Debt to NOPAT	7.66	5.01	4.57	4.55	5.87	4.43	5.94	5.94	7.27	8.36	6.30
Altman Z-Score	3.16	3.78	4.44	3.53	3.32	3.27	2.84	2.63	2.72	2.65	2.57
Noncontrolling Interest Sharing Ratio	0.39%	0.35%	0.34%	0.18%	0.06%	0.08%	0.12%	0.09%	0.09%	0.11%	0.11%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.70	3.38	3.10	5.72	4.69	3.46	2.96	3.34	3.73	3.66	3.67
Quick Ratio	1.44	1.45	1.23	3.56	2.86	2.37	1.55	1.19	1.79	2.10	2.24
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	37	104	-69	3.70	141	230	-665	-160	354	301	290
Operating Cash Flow to CapEx	396.95%	638.63%	316.54%	301.52%	649.12%	613.80%	312.26%	-29.54%	707.17%	915.48%	802.81%
Free Cash Flow to Firm to Interest Expense	0.93	2.42	-2.43	0.09	3.31	5.22	-11.35	-2.74	6.22	5.24	5.03
Operating Cash Flow to Interest Expense	2.18	3.53	4.05	2.91	4.81	6.00	4.28	-0.58	6.69	6.86	5.76
Operating Cash Flow Less CapEx to Interest Expense	1.63	2.98	2.77	1.95	4.07	5.03	2.91	-2.56	5.75	6.11	5.05
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.45	1.58	1.65	1.38	1.21	1.24	1.21	1.04	0.99	0.92	0.87
Accounts Receivable Turnover	8.23	8.95	9.36	8.62	8.27	7.79	8.50	8.76	9.33	9.71	9.61
Inventory Turnover	3.51	3.66	3.82	3.80	3.76	4.19	4.15	2.89	2.66	2.83	2.88
Fixed Asset Turnover	10.01	11.39	12.12	11.12	10.29	0.00	0.00	9.20	8.39	8.30	8.43
Accounts Payable Turnover	13.11	13.34	13.82	14.42	12.94	10.71	10.35	10.17	11.62	11.19	9.53
Days Sales Outstanding (DSO)	44.35	40.77	39.00	42.32	44.12	46.85	42.93	41.66	39.13	37.58	38.00
Days Inventory Outstanding (DIO)	103.96	99.83	95.52	95.98	97.18	87.05	88.00	126.26	137.17	129.08	126.71
Days Payable Outstanding (DPO)	27.83	27.36	26.41	25.31	28.21	34.07	35.27	35.88	31.40	32.63	38.29
Cash Conversion Cycle (CCC)	120.48	113.23	108.11	113.00	113.09	99.83	95.67	132.05	144.89	134.03	126.42
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	894	875	1,042	1,201	1,179	1,105	1,970	2,329	2,138	1,979	1,878
Invested Capital Turnover	1.87	2.07	2.14	1.98	2.00	2.36	2.15	1.55	1.48	1.55	1.62
Increase / (Decrease) in Invested Capital	21	-19	167	159	-23	-73	864	359	-191	-159	-101
Enterprise Value (EV)	1,206	1,613	2,417	2,130	1,892	2,096	3,347	3,042	3,056	2,895	2,384
Market Capitalization	817	1,291	2,011	1,881	1,709	2,068	2,600	2,047	2,369	2,471	2,089
Book Value per Share	$10.12	$10.86	$12.27	$18.24	$17.24	$19.68	$21.94	$24.53	$27.04	$23.07	$25.18
Tangible Book Value per Share	$4.42	$4.43	$5.08	$9.93	$9.76	$11.91	$12.90	$4.49	$7.60	$7.88	$9.24
Total Capital	955	979	1,087	1,694	1,689	1,772	2,409	2,521	2,641	2,748	2,777
Total Debt	449	424	450	742	693	694	1,186	1,187	1,188	1,190	1,192
Total Long-Term Debt	448	424	450	741	693	694	1,185	1,186	1,188	1,190	1,192
Net Debt	388	320	405	249	182	28	746	994	685	422	293
Capital Expenditures (CapEx)	22	24	36	38	32	43	80	115	54	43	41
Debt-free, Cash-free Net Working Capital (DFCFNWC)	416	378	418	511	518	419	583	896	747	603	539
Debt-free Net Working Capital (DFNWC)	477	482	463	1,004	1,029	1,085	1,022	1,088	1,249	1,372	1,437
Net Working Capital (NWC)	477	481	463	1,004	1,029	1,085	1,021	1,088	1,249	1,371	1,437
Net Nonoperating Expense (NNE)	26	39	19	39	25	35	47	47	37	33	25
Net Nonoperating Obligations (NNO)	388	320	405	249	182	28	746	994	685	422	293
Total Depreciation and Amortization (D&A)	36	42	44	49	53	57	77	84	90	93	88
Debt-free, Cash-free Net Working Capital to Revenue	25.23%	20.65%	20.36%	23.09%	21.74%	15.53%	17.64%	26.84%	22.55%	18.85%	17.23%
Debt-free Net Working Capital to Revenue	28.91%	26.33%	22.55%	45.34%	43.17%	40.26%	30.95%	32.60%	37.74%	42.86%	45.94%
Net Working Capital to Revenue	28.89%	26.30%	22.53%	45.34%	43.17%	40.25%	30.92%	32.59%	37.74%	42.85%	45.94%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.53	$0.73	$1.26	$1.92	$1.31	$1.79	$2.25	$2.29	$1.92	$1.64	$2.58
Adjusted Weighted Average Basic Shares Outstanding	60.59M	61.09M	62.67M	64.52M	70.83M	67.38M	67.26M	66.40M	65.37M	65.71M	63.09M
Adjusted Diluted Earnings per Share	$0.51	$0.70	$1.22	$1.86	$1.29	$1.76	$2.20	$2.24	$1.88	$1.62	$2.55
Adjusted Weighted Average Diluted Shares Outstanding	61.93M	63.72M	64.65M	66.55M	71.88M	68.29M	68.93M	67.90M	66.66M	66.86M	63.82M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	62.44M	63.77M	64.69M	72.13M	69.78M	68.42M	68.80M	67.52M	67.14M	65.59M	62.33M
Normalized Net Operating Profit after Tax (NOPAT)	63	86	98	163	118	156	200	200	164	142	189
Normalized NOPAT Margin	3.83%	4.70%	4.79%	7.36%	4.96%	5.81%	6.04%	5.98%	4.94%	4.45%	6.04%
Pre Tax Income Margin	3.12%	3.81%	6.15%	5.75%	5.00%	5.70%	5.90%	5.96%	4.91%	4.45%	6.93%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.28	2.62	5.48	4.17	3.57	4.40	4.32	4.40	3.72	3.13	4.33
NOPAT to Interest Expense	1.46	1.98	3.49	4.16	2.77	3.56	3.41	3.43	2.87	2.47	3.28
EBIT Less CapEx to Interest Expense	1.73	2.07	4.20	3.21	2.83	3.42	2.95	2.42	2.77	2.38	3.61
NOPAT Less CapEx to Interest Expense	0.91	1.42	2.21	3.19	2.03	2.58	2.04	1.45	1.92	1.72	2.56
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	5.09%	1.30%	1.28%	1.29%	0.08%	0.12%	0.40%	0.53%	0.00%	0.82%	0.82%
Augmented Payout Ratio	61.11%	25.15%	35.84%	12.40%	68.05%	48.78%	18.65%	41.33%	29.47%	22.85%	95.39%

This table displays calculated financial ratios and metrics derived from Central Garden & Pet's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	6/24/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/28/2024	12/28/2024	3/29/2025	6/28/2025	9/27/2025	12/27/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.78%	6.04%	1.09%	-0.98%	-2.63%	-10.75%	3.45%	-7.39%	-3.56%	1.30%	-5.95%
EBITDA Growth	9.11%	-9.94%	33.28%	15.13%	-4.46%	-149.53%	49.87%	-1.18%	13.48%	196.01%	-22.24%
EBIT Growth	9.14%	-27.78%	346.79%	18.62%	-6.08%	-601.63%	179.37%	0.85%	17.25%	81.90%	-36.38%
NOPAT Growth	6.61%	-27.36%	1,971.92%	20.51%	-5.13%	-445.91%	263.51%	-0.27%	14.95%	80.25%	-40.79%
Net Income Growth	10.58%	214.97%	106.41%	28.74%	-3.68%	-1,365.17%	2,401.06%	3.41%	18.56%	69.66%	-51.63%
EPS Growth	10.58%	214.97%	106.41%	29.17%	-4.80%	-1,400.00%	2,000.00%	5.38%	27.73%	69.23%	-47.62%
Operating Cash Flow Growth	71.15%	218.54%	-10.24%	27.40%	-11.87%	31.82%	1.36%	-91.14%	-7.21%	-10.03%	-2.02%
Free Cash Flow Firm Growth	138.94%	156.39%	142.10%	620.72%	29.98%	-31.01%	81.06%	29.69%	41.70%	-29.18%	-74.21%
Invested Capital Growth	-1.80%	-8.20%	-5.04%	-4.96%	-3.81%	-7.43%	-9.14%	-7.67%	-6.68%	-5.10%	-2.25%
Revenue Q/Q Growth	12.57%	-26.69%	-15.41%	41.85%	10.69%	-32.81%	-1.95%	26.98%	15.28%	-29.42%	-8.97%
EBITDA Q/Q Growth	44.02%	-79.08%	6.75%	257.99%	19.51%	-110.84%	423.02%	136.05%	37.23%	-90.82%	161.61%
EBIT Q/Q Growth	57.29%	-93.79%	22.40%	891.77%	24.53%	-133.18%	168.17%	258.01%	44.78%	-105.12%	339.61%
NOPAT Q/Q Growth	56.26%	-92.94%	-10.21%	1,115.77%	23.02%	-125.76%	194.35%	233.55%	41.79%	-104.43%	382.88%
Net Income Q/Q Growth	71.64%	-96.75%	-79.15%	10,952.73%	28.42%	-142.75%	141.22%	357.00%	47.22%	-110.94%	165.72%
EPS Q/Q Growth	71.64%	-96.75%	-79.15%	9,200.00%	27.96%	-143.70%	140.38%	366.67%	55.10%	-110.53%	168.75%
Operating Cash Flow Q/Q Growth	1,061.32%	-52.54%	-145.29%	64.87%	1,266.92%	-29.02%	-133.89%	31.92%	666.49%	-31.17%	-138.43%
Free Cash Flow Firm Q/Q Growth	457.79%	46.53%	-35.59%	54.21%	-10.69%	-22.22%	69.02%	10.45%	-2.42%	-61.12%	-38.44%
Invested Capital Q/Q Growth	-8.86%	-6.56%	6.94%	4.35%	-7.75%	-10.08%	4.97%	6.03%	-6.76%	-8.56%	8.13%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	31.08%	26.32%	28.19%	30.98%	31.82%	25.24%	29.81%	32.76%	34.55%	28.98%	30.87%
EBITDA Margin	14.27%	4.07%	5.14%	12.97%	14.01%	-2.26%	7.45%	13.84%	16.48%	2.14%	6.16%
Operating Margin	12.00%	1.25%	1.33%	10.38%	11.64%	-4.84%	4.26%	11.20%	14.06%	-0.94%	2.68%
EBIT Margin	12.09%	1.02%	1.48%	10.36%	11.66%	-5.76%	4.00%	11.29%	14.17%	-1.03%	2.71%
Profit (Net Income) Margin	8.16%	0.36%	0.09%	6.96%	8.08%	-5.14%	2.16%	7.77%	9.93%	-1.54%	1.11%
Tax Burden Percent	75.58%	-717.41%	-187.75%	76.61%	75.96%	76.41%	76.47%	76.50%	74.92%	75.31%	76.65%
Interest Burden Percent	89.38%	-4.93%	-3.21%	87.70%	91.21%	116.80%	70.58%	90.05%	93.51%	198.64%	53.53%
Effective Tax Rate	24.42%	0.00%	0.00%	23.39%	24.04%	0.00%	23.53%	23.50%	25.08%	0.00%	23.35%
Return on Invested Capital (ROIC)	12.84%	1.30%	1.31%	10.75%	12.92%	-5.27%	4.82%	11.78%	15.45%	-1.07%	3.09%
ROIC Less NNEP Spread (ROIC-NNEP)	11.82%	0.84%	0.76%	9.86%	11.87%	-7.38%	3.78%	10.92%	14.36%	-2.74%	1.94%
Return on Net Nonoperating Assets (RNNOA)	7.68%	0.51%	0.52%	6.88%	5.64%	-2.72%	1.77%	5.48%	4.82%	-0.62%	0.63%
Return on Equity (ROE)	20.51%	1.80%	1.83%	17.62%	18.56%	-7.98%	6.58%	17.26%	20.27%	-1.69%	3.72%
Cash Return on Invested Capital (CROIC)	8.86%	15.87%	12.43%	12.55%	11.80%	14.63%	16.73%	14.78%	14.85%	15.04%	11.06%
Operating Return on Assets (OROA)	11.67%	1.02%	1.48%	9.95%	10.89%	-5.32%	3.71%	9.93%	12.17%	-0.90%	2.33%
Return on Assets (ROA)	7.89%	0.36%	0.09%	6.68%	7.54%	-4.74%	2.00%	6.84%	8.53%	-1.34%	0.96%
Return on Common Equity (ROCE)	20.49%	1.80%	1.83%	17.61%	18.54%	-7.97%	6.58%	17.24%	20.24%	-1.69%	3.72%
Return on Equity Simple (ROE_SIMPLE)	8.37%	0.00%	9.33%	9.90%	9.19%	0.00%	8.09%	8.11%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	93	6.56	5.89	72	88	-23	21	71	101	-4.48	13
NOPAT Margin	9.07%	0.87%	0.93%	7.95%	8.84%	-3.39%	3.26%	8.57%	10.54%	-0.66%	2.05%
Net Nonoperating Expense Percent (NNEP)	1.02%	0.46%	0.55%	0.89%	1.05%	2.12%	1.04%	0.86%	1.09%	1.67%	1.15%
Return On Investment Capital (ROIC_SIMPLE)	-	-	0.22%	-	-	-	0.79%	2.61%	3.64%	-0.16%	0.46%
Cost of Revenue to Revenue	68.92%	73.68%	71.81%	69.02%	68.18%	74.76%	70.19%	67.24%	65.45%	71.02%	69.13%
SG&A Expenses to Revenue	19.08%	25.07%	26.86%	20.60%	20.19%	30.08%	25.55%	21.57%	20.49%	29.92%	28.20%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	19.08%	25.07%	26.86%	20.60%	20.19%	30.08%	25.55%	21.57%	20.49%	29.92%	28.20%
Earnings before Interest and Taxes (EBIT)	124	7.68	9.41	93	116	-39	26	94	136	-6.98	17
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	146	31	33	117	140	-15	49	115	158	15	38
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.41	1.63	1.86	1.90	1.63	1.59	1.69	1.53	1.41	1.32	1.29
Price to Tangible Book Value (P/TBV)	5.28	5.81	6.48	5.94	4.52	4.65	5.12	4.48	3.88	3.60	3.52
Price to Revenue (P/Rev)	0.62	0.72	0.81	0.87	0.79	0.77	0.80	0.75	0.72	0.67	0.66
Price to Earnings (P/E)	16.90	18.86	20.05	19.37	17.90	22.88	21.13	19.11	16.19	12.83	13.09
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	5.92%	5.30%	4.99%	5.16%	5.59%	4.37%	4.73%	5.23%	6.18%	7.79%	7.64%
Enterprise Value to Invested Capital (EV/IC)	1.26	1.43	1.54	1.57	1.45	1.46	1.51	1.37	1.32	1.27	1.23
Enterprise Value to Revenue (EV/Rev)	0.88	0.92	1.06	1.13	0.98	0.90	0.97	0.96	0.87	0.76	0.81
Enterprise Value to EBITDA (EV/EBITDA)	9.43	10.10	11.37	11.50	10.02	10.57	10.78	10.45	8.81	7.07	7.64
Enterprise Value to EBIT (EV/EBIT)	13.41	14.41	16.09	16.02	14.14	16.05	15.86	15.23	12.42	9.55	10.39
Enterprise Value to NOPAT (EV/NOPAT)	17.74	18.69	20.71	20.53	18.01	20.34	20.02	19.33	16.02	12.60	13.82
Enterprise Value to Operating Cash Flow (EV/OCF)	10.45	8.01	9.41	9.75	9.26	7.33	7.90	8.07	7.67	7.17	7.53
Enterprise Value to Free Cash Flow (EV/FCFF)	14.10	8.62	12.10	12.21	12.09	9.61	8.56	8.89	8.57	8.22	10.98
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.82	0.82	0.82	0.79	0.75	0.76	0.78	0.77	0.75	0.75	0.76
Long-Term Debt to Equity	0.82	0.82	0.82	0.79	0.75	0.76	0.78	0.77	0.75	0.75	0.76
Financial Leverage	0.65	0.60	0.69	0.70	0.48	0.37	0.47	0.50	0.34	0.23	0.33
Leverage Ratio	2.42	2.39	2.40	2.39	2.31	2.30	2.34	2.35	2.28	2.28	2.32
Compound Leverage Factor	2.16	-0.12	-0.08	2.10	2.11	2.69	1.65	2.11	2.13	4.54	1.24
Debt to Total Capital	45.08%	44.99%	45.02%	44.02%	42.71%	43.31%	43.92%	43.55%	42.82%	42.92%	43.07%
Short-Term Debt to Total Capital	0.01%	0.01%	0.02%	0.01%	0.01%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	45.07%	44.98%	45.00%	44.01%	42.70%	43.30%	43.92%	43.55%	42.82%	42.92%	43.07%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.06%	0.06%	0.03%	0.05%	0.08%	0.07%	0.03%	0.07%	0.08%	0.06%	0.02%
Common Equity to Total Capital	54.86%	54.95%	54.95%	55.93%	57.21%	56.62%	56.05%	56.38%	57.09%	57.02%	56.91%
Debt to EBITDA	3.88	3.93	3.83	3.65	3.72	4.35	4.10	4.13	3.87	3.53	3.65
Net Debt to EBITDA	2.75	2.27	2.68	2.68	1.89	1.54	1.92	2.28	1.51	0.87	1.39
Long-Term Debt to EBITDA	3.88	3.93	3.83	3.65	3.72	4.35	4.10	4.12	3.87	3.53	3.65
Debt to NOPAT	7.30	7.27	6.98	6.51	6.69	8.36	7.62	7.63	7.05	6.30	6.61
Net Debt to NOPAT	5.17	4.19	4.89	4.79	3.40	2.96	3.57	4.23	2.74	1.55	2.52
Long-Term Debt to NOPAT	7.30	7.27	6.98	6.51	6.69	8.36	7.62	7.63	7.05	6.30	6.61
Altman Z-Score	2.48	2.53	2.58	2.67	2.64	2.45	2.53	2.46	2.49	2.34	2.30
Noncontrolling Interest Sharing Ratio	0.11%	0.09%	0.05%	0.09%	0.12%	0.11%	0.05%	0.11%	0.14%	0.11%	0.04%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.51	3.73	3.47	3.33	3.66	3.66	3.47	3.31	3.56	3.67	3.42
Quick Ratio	1.66	1.79	1.44	1.58	2.07	2.10	1.87	1.83	2.20	2.24	1.88
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	135	198	127	196	175	136	230	254	248	97	59
Operating Cash Flow to CapEx	3,056.28%	1,174.66%	-689.09%	-262.20%	2,100.94%	2,022.99%	-1,128.39%	-439.62%	1,920.95%	1,685.98%	-649.48%
Free Cash Flow to Firm to Interest Expense	9.27	15.03	8.89	13.65	11.90	9.65	15.92	17.53	17.29	6.72	4.09
Operating Cash Flow to Interest Expense	22.32	11.73	-4.87	-1.71	19.44	14.39	-4.76	-3.23	18.49	12.73	-4.84
Operating Cash Flow Less CapEx to Interest Expense	21.59	10.73	-5.58	-2.36	18.51	13.68	-5.18	-3.96	17.52	11.97	-5.58
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.97	0.99	1.00	0.96	0.93	0.92	0.93	0.88	0.86	0.87	0.86
Accounts Receivable Turnover	6.54	9.33	9.48	5.79	6.56	9.71	8.37	5.45	6.06	9.61	8.16
Inventory Turnover	2.65	2.66	2.40	2.48	2.80	2.83	2.56	2.53	2.86	2.88	2.54
Fixed Asset Turnover	8.35	8.39	8.44	8.45	8.45	8.30	8.48	8.35	8.31	8.43	8.47
Accounts Payable Turnover	10.55	11.62	11.63	10.09	11.86	11.19	10.42	8.79	10.70	9.53	8.64
Days Sales Outstanding (DSO)	55.79	39.13	38.52	63.06	55.64	37.58	43.63	66.92	60.26	38.00	44.72
Days Inventory Outstanding (DIO)	137.61	137.17	152.36	147.05	130.44	129.08	142.35	144.16	127.55	126.71	143.72
Days Payable Outstanding (DPO)	34.60	31.40	31.38	36.16	30.78	32.63	35.03	41.54	34.11	38.29	42.24
Cash Conversion Cycle (CCC)	158.79	144.89	159.50	173.95	155.30	134.03	150.96	169.53	153.69	126.42	146.21
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,288	2,138	2,287	2,386	2,201	1,979	2,078	2,203	2,054	1,878	2,031
Invested Capital Turnover	1.42	1.48	1.41	1.35	1.46	1.55	1.48	1.38	1.47	1.62	1.50
Increase / (Decrease) in Invested Capital	-42	-191	-121	-125	-87	-159	-209	-183	-147	-101	-47
Enterprise Value (EV)	2,884	3,056	3,531	3,749	3,202	2,895	3,127	3,016	2,708	2,384	2,493
Market Capitalization	2,042	2,369	2,697	2,874	2,595	2,471	2,569	2,354	2,242	2,089	2,038
Book Value per Share	$26.72	$27.04	$26.98	$28.09	$23.64	$23.07	$23.16	$23.53	$25.05	$25.18	$25.27
Tangible Book Value per Share	$7.15	$7.60	$7.74	$8.99	$8.52	$7.88	$7.65	$8.02	$9.12	$9.24	$9.30
Total Capital	2,635	2,641	2,642	2,701	2,785	2,748	2,710	2,734	2,782	2,777	2,768
Total Debt	1,188	1,188	1,190	1,189	1,190	1,190	1,190	1,191	1,191	1,192	1,192
Total Long-Term Debt	1,187	1,188	1,189	1,189	1,189	1,190	1,190	1,191	1,191	1,192	1,192
Net Debt	841	685	834	874	605	422	558	660	464	293	455
Capital Expenditures (CapEx)	11	13	10	9.35	14	10	6.10	11	14	11	11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	899	747	865	979	805	603	712	846	710	539	655
Debt-free Net Working Capital (DFNWC)	1,246	1,249	1,220	1,294	1,389	1,372	1,344	1,378	1,438	1,437	1,392
Net Working Capital (NWC)	1,245	1,249	1,220	1,294	1,389	1,371	1,344	1,378	1,438	1,437	1,392
Net Nonoperating Expense (NNE)	9.28	3.84	5.32	8.92	7.59	12	7.22	6.59	5.82	5.96	5.81
Net Nonoperating Obligations (NNO)	841	685	834	874	605	422	558	660	464	293	455
Total Depreciation and Amortization (D&A)	22	23	23	23	23	23	23	21	22	22	21
Debt-free, Cash-free Net Working Capital to Revenue	27.51%	22.55%	26.07%	29.59%	24.52%	18.85%	22.09%	26.82%	22.77%	17.23%	21.18%
Debt-free Net Working Capital to Revenue	38.12%	37.74%	36.79%	39.13%	42.33%	42.86%	41.72%	43.66%	46.09%	45.94%	45.04%
Net Working Capital to Revenue	38.11%	37.74%	36.78%	39.12%	42.32%	42.85%	41.71%	43.65%	46.09%	45.94%	45.04%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.27	$0.03	$0.01	$0.94	$1.21	($0.52)	$0.22	$0.99	$1.53	($0.16)	$0.11
Adjusted Weighted Average Basic Shares Outstanding	65.45M	81.71M	65.29M	65.64M	65.85M	65.71M	64.55M	64.14M	61.98M	63.09M	61.41M
Adjusted Diluted Earnings per Share	$1.25	$0.03	$0.01	$0.93	$1.19	($0.52)	$0.21	$0.98	$1.52	($0.16)	$0.11
Adjusted Weighted Average Diluted Shares Outstanding	66.60M	83.32M	66.66M	66.83M	66.95M	66.86M	65.45M	64.88M	62.61M	63.82M	62.06M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.03	$0.00	$0.00	$0.00	($0.52)	$0.00	$0.00	$0.00	($0.16)	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	66.97M	67.14M	67.10M	67.40M	67.42M	65.59M	65.51M	63.41M	62.87M	62.33M	62.27M
Normalized Net Operating Profit after Tax (NOPAT)	93	6.56	5.89	72	88	-23	21	71	101	-4.48	13
Normalized NOPAT Margin	9.07%	0.87%	0.93%	7.95%	8.84%	-3.39%	3.26%	8.57%	10.54%	-0.66%	2.05%
Pre Tax Income Margin	10.80%	-0.05%	-0.05%	9.09%	10.63%	-6.72%	2.83%	10.16%	13.25%	-2.04%	1.45%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	8.51	0.58	0.66	6.49	7.89	-2.73	1.82	6.48	9.48	-0.49	1.15
NOPAT to Interest Expense	6.38	0.50	0.41	4.98	5.98	-1.61	1.48	4.92	7.05	-0.31	0.87
EBIT Less CapEx to Interest Expense	7.77	-0.41	-0.05	5.84	6.97	-3.44	1.39	5.75	8.52	-1.24	0.41
NOPAT Less CapEx to Interest Expense	5.65	-0.50	-0.30	4.33	5.06	-2.32	1.06	4.19	6.09	-1.07	0.13
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.66%	0.60%	0.61%	0.82%	1.09%	1.08%	0.96%	0.82%	0.73%
Augmented Payout Ratio	44.51%	29.47%	26.19%	22.71%	13.25%	22.85%	59.11%	89.23%	118.14%	95.39%	78.01%

Financials Breakdown Chart

Key Financial Trends

Here are key takeaways from Central Garden & Pet (CENTA) quarterly statements over the last four years, focusing on trends in cash flow, profitability, and balance sheet leverage. The data show liquidity strength and selective profitability in several quarters, but cash flow from operations has been volatile and generally negative in several periods, with investing and financing activities contributing to overall cash outflows in many quarters.

Strong liquidity cushion: Cash & equivalents were about $721 million in Q1 2026, with a large pool of total current assets supporting ongoing operations.
Healthy working capital: In Q1 2026, Total Current Assets (~$1.97B) vs. Total Current Liabilities (~$574M) yields a solid working capital buffer to fund operations and potential growth.
Profitability visible in multiple quarters: Net income attributable to common shareholders was meaningful in several quarters (e.g., about $95.0M in Q3 2025 and $63.6M in Q2 2025), indicating periods of strong earnings power.
Positive near-term cash flow in a standout quarter: Q3 2025 showed solid operating cash flow, with Net Cash From Continuing Operating Activities around $265.5M, signaling credible cash generation from core operations at least in that period.
Modest but stable capex activity: Capital expenditures (PPE purchases) trend is modest and largely in the single-digit to low tens of millions per quarter (for example, PPE purchases around $10–14M in recent quarters), suggesting ongoing investment without excessive acceleration.
Capital returns through buybacks: The company has engaged in share repurchases in several periods (e.g., notable buybacks in some quarters), indicating a use of cash to return capital to shareholders, though at a moderate pace.
Revenue levels remain sizeable and stable: Quarterly revenue generally sits in the mid-to-high hundreds of millions, with occasional spikes (e.g., around $960M in Q3 2025), suggesting a resilient base even amid quarterly fluctuations.
Debt level appears manageable within asset base: Long-term debt around $1.19–$1.21B and total liabilities near $2.0B–$2.1B against about $1.5–$1.6B in equity, indicating a reasonable leverage position for a balanced capital structure.
Operating cash flow frequently negative: Net cash from operating activities is negative in several quarters (e.g., Q1 2026: -$70.2M; Q4 2025: -$161.2M; Q2 2025: -$46.9M; Q1 2025: -$68.8M), highlighting ongoing cash burn from core operations despite occasional profitability.
Investing cash outflows are persistent: Net cash from investing activities is consistently negative due to acquisitions and capex (e.g., Q1 2026: -$67.8M; Q3 2025: -$13.8M; Q4 2025: -$10.8M), which suppresses free cash flow.
Financing cash flows often reduce cash: Net cash from financing activities typically negative (e.g., Q1 2026: around -$23.5M; Q3 2025: -$56.6M) due to debt repayments, share repurchases, and dividends, stressing liquidity if operating cash flow remains weak.
Working capital swings can pressure cash: Large movements in operating assets and liabilities (e.g., substantial net decreases in working capital in some quarters like -$151.4M in Q2 2025) can create volatility in cash generation independent of net income.

Overall, CENTA shows a solid balance sheet and occasional strong profitability, but investors should watch the ongoing cash-flow dynamics—particularly operating cash flow and the drag from investing and financing activities—when evaluating liquidity and the sustainability of capital returns.

05/08/26 01:11 PM ETAI Generated. May Contain Errors.

Central Garden & Pet Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Central Garden & Pet's financial year ends in September. Their financial year 2025 ended on September 27, 2025.

Central Garden & Pet's net income appears to be on an upward trend, with a most recent value of $163.96 million in 2025, rising from $33.02 million in 2015. The previous period was $109.31 million in 2024. See Central Garden & Pet's forecast for analyst expectations on what's next for the company.

Central Garden & Pet's total operating income in 2025 was $250.04 million, based on the following breakdown:

Total Gross Profit: $997.34 million
Total Operating Expenses: $747.29 million

Over the last 10 years, Central Garden & Pet's total revenue changed from $1.65 billion in 2015 to $3.13 billion in 2025, a change of 89.6%.

Central Garden & Pet's total liabilities were at $2.04 billion at the end of 2025, a 2.2% increase from 2024, and a 226.4% increase since 2015.

In the past 10 years, Central Garden & Pet's cash and equivalents has ranged from $32.40 million in 2017 to $882.49 million in 2025, and is currently $882.49 million as of their latest financial filing in 2025.

Over the last 10 years, Central Garden & Pet's book value per share changed from 10.12 in 2015 to 25.18 in 2025, a change of 148.8%.

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Financial statements for NASDAQ:CENT last updated on 2/7/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Central Garden & Pet (CENT) Financials

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Central Garden & Pet (CENT) Financials

Annual Income Statements for Central Garden & Pet

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Central Garden & Pet Financials - Frequently Asked Questions

When does Central Garden & Pet's fiscal year end?

How has Central Garden & Pet's net income changed over the last 10 years?

What is Central Garden & Pet's operating income?

How has Central Garden & Pet's revenue changed over the last 10 years?

How much debt does Central Garden & Pet have?

How much cash does Central Garden & Pet have?

How has Central Garden & Pet's book value per share changed over the last 10 years?

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