National Beverage (FIZZ) Financials

$45.14 +0.30 (+0.67%)

Closing price 04:00 PM Eastern

Extended Trading

$45.22 +0.08 (+0.18%)

As of 04:06 PM Eastern

Annual Income Statements for National Beverage

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

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	4/27/2024	4/29/2023	4/30/2022	5/1/2021	5/2/2020	4/27/2019	4/28/2018	4/29/2017	4/30/2016	5/2/2015
Net Income / (Loss) Attributable to Common Shareholders	177	142	159	174	130	133	150	107	61	49
Consolidated Net Income / (Loss)	177	142	159	174	130	141	150	107	61	49
Net Income / (Loss) Continuing Operations	177	142	159	174	130	133	150	107	61	49
Total Pre-Tax Income	230	186	208	228	169	184	205	163	93	75
Total Operating Income	219	187	208	228	166	180	204	162	93	74
Total Gross Profit	428	397	418	422	370	384	391	326	241	219
Total Revenue	1,192	1,173	1,138	1,072	1,000	1,014	976	827	705	646
Operating Revenue	1,192	1,173	1,138	1,072	1,000	1,014	976	827	705	646
Total Cost of Revenue	763	776	720	651	630	630	585	501	463	427
Operating Cost of Revenue	763	776	720	651	630	630	585	501	463	427
Total Operating Expenses	210	210	210	194	204	204	187	164	148	145
Selling, General & Admin Expense	210	210	210	194	204	204	187	164	148	145
Total Other Income / (Expense), net	11	-0.24	-0.26	0.31	3.71	-3.94	1.30	0.35	-0.35	0.73
Other Income / (Expense), net	11	-0.24	-0.26	0.31	3.71	3.94	1.30	0.54	-0.15	1.10
Income Tax Expense	53	44	49	54	39	43	56	56	32	25
Basic Earnings per Share	$1.89	$1.52	$1.70	$1.87	$1.39	$1.51	$3.21	$2.30	$1.31	$1.06
Weighted Average Basic Shares Outstanding	93.43M	93.35M	93.32M	93.28M	93.26M	93.27M	46.60M	46.56M	46.45M	46.35M
Diluted Earnings per Share	$1.89	$1.52	$1.69	$1.86	$1.39	$1.50	$3.19	$2.29	$1.31	$1.05
Weighted Average Diluted Shares Outstanding	93.63M	93.61M	93.60M	93.62M	93.66M	93.83M	46.92M	46.77M	46.67M	46.56M
Weighted Average Basic & Diluted Shares Outstanding	93.58M	93.35M	93.34M	93.31M	46.63M	46.60M	46.70M	46.50M	46.50M	46.30M

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

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	1/25/2025	10/26/2024	7/27/2024	4/27/2024	1/27/2024	10/28/2023	7/29/2023	4/29/2023	1/28/2023	10/29/2022	7/30/2022
Net Income / (Loss) Attributable to Common Shareholders	40	46	57	44	40	44	50	36	34	36	35
Consolidated Net Income / (Loss)	40	46	57	44	40	44	50	36	34	36	35
Net Income / (Loss) Continuing Operations	40	46	57	44	40	44	50	36	34	36	35
Total Pre-Tax Income	52	60	74	58	50	57	65	48	45	47	46
Total Operating Income	51	58	70	53	48	54	63	49	44	47	46
Total Gross Profit	99	109	122	109	97	108	114	102	95	100	99
Total Revenue	267	291	329	297	270	300	324	287	268	300	318
Operating Revenue	267	291	329	297	270	300	324	287	268	300	318
Total Cost of Revenue	168	182	207	188	173	192	210	184	174	200	219
Operating Cost of Revenue	168	182	207	188	173	192	210	184	174	200	219
Total Operating Expenses	48	51	53	56	49	54	51	54	50	53	53
Selling, General & Admin Expense	48	51	53	56	49	54	51	54	50	53	53
Total Other Income / (Expense), net	1.40	1.73	4.35	4.59	1.97	2.72	2.06	-0.73	0.48	0.09	-0.08
Other Income / (Expense), net	1.40	1.73	4.35	4.59	1.97	2.72	2.06	-0.73	0.48	0.09	-0.08
Income Tax Expense	12	14	17	14	11	13	16	12	11	11	11
Basic Earnings per Share	$0.42	$0.49	$0.61	($93.58)	$0.42	$0.47	$0.53	$0.39	$37.00	$0.39	$38.00
Weighted Average Basic Shares Outstanding	93.62M	93.61M	93.57M	93.43M	93.45M	93.36M	93.35M	93.35M	93.35M	93.34M	93.34M
Diluted Earnings per Share	$0.42	$0.49	$0.61	($93.58)	$0.42	$0.47	$0.53	$0.39	$37.00	$0.39	$38.00
Weighted Average Diluted Shares Outstanding	93.69M	93.69M	93.67M	93.63M	93.64M	93.60M	93.61M	93.61M	93.61M	93.60M	93.60M
Weighted Average Basic & Diluted Shares Outstanding	93.62M	93.61M	93.61M	93.58M	93.54M	93.39M	93.35M	93.35M	93.35M	93.35M	93.34M

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

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	4/27/2024	4/29/2023	4/30/2022	5/1/2021	5/2/2020	4/27/2019	4/28/2018	4/29/2017	4/30/2016	5/2/2015
Net Change in Cash & Equivalents	169	110	-146	-111	148	-34	53	31	53	23
Net Cash From Operating Activities	198	162	133	194	178	139	155	114	80	58
Net Cash From Continuing Operating Activities	198	162	133	194	178	139	155	114	80	58
Net Income / (Loss) Continuing Operations	177	142	159	174	130	141	150	107	61	49
Consolidated Net Income / (Loss)	177	142	159	174	130	141	150	107	61	49
Depreciation Expense	20	20	19	18	17	15	13	13	12	12
Amortization Expense	14	13	13	13	13	0.00	-	-	-	-
Non-Cash Adjustments To Reconcile Net Income	-14	-12	-13	-11	-12	0.26	0.31	0.78	1.89	-0.88
Changes in Operating Assets and Liabilities, net	0.87	-1.38	-45	-1.02	29	-17	-8.59	-6.39	5.34	-1.99
Net Cash From Investing Activities	-30	-22	-29	-25	-24	-38	-32	-14	-12	-9.73
Net Cash From Continuing Investing Activities	-30	-22	-29	-25	-24	-38	-32	-14	-12	-9.73
Purchase of Property, Plant & Equipment	-30	-22	-29	-25	-24	-38	-32	-14	-12	-12
Sale of Property, Plant & Equipment	0.05	0.03	0.01	0.01	0.01	0.02	0.06	0.03	0.12	1.91
Net Cash From Financing Activities	1.31	-30	-250	-279	-5.49	-135	-69	-69	-15	-26
Net Cash From Continuing Financing Activities	1.31	-30	-250	-279	-5.49	-135	-69	-69	-15	-26
Repayment of Debt	0.00	-30	-20	0.00	0.00	-	-	-	-10	-20
Payment of Dividends	0.00	0.00	-280	-280	0.00	-135	-70	-70	-0.19	-0.24
Issuance of Debt	0.00	0.00	50	0.00	0.00	-	-	-	-	-
Other Financing Activities, net	1.31	0.31	0.34	0.49	0.74	0.46	0.56	0.37	0.85	0.47
Cash Interest Paid	0.23	0.32	0.37	0.15	0.05	0.05	0.10	0.20	0.12	0.38
Cash Income Taxes Paid	56	38	52	63	29	37	57	56	29	25

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

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	1/25/2025	10/26/2024	7/27/2024	4/27/2024	1/27/2024	10/28/2023	7/29/2023	4/29/2023	1/28/2023	10/29/2022	7/30/2022
Net Change in Cash & Equivalents	36	36	-250	50	29	25	65	40	26	37	8.01
Net Cash From Operating Activities	47	43	57	60	35	32	70	49	30	42	41
Net Cash From Continuing Operating Activities	47	43	57	60	35	32	70	49	30	42	41
Net Income / (Loss) Continuing Operations	40	46	57	44	40	44	50	36	34	36	35
Consolidated Net Income / (Loss)	40	46	57	44	40	44	50	36	34	36	35
Depreciation Expense	4.78	5.14	5.39	5.07	5.15	4.99	4.96	4.49	5.12	4.98	5.46
Amortization Expense	3.65	3.59	3.56	3.56	3.56	3.59	3.33	3.29	3.35	3.43	3.16
Non-Cash Adjustments To Reconcile Net Income	-2.55	-3.55	-3.36	-3.13	-2.82	-4.82	-3.13	-3.02	-3.19	-3.21	-2.98
Changes in Operating Assets and Liabilities, net	1.01	-8.22	-4.87	11	-10	-16	15	8.34	-9.63	0.38	-0.48
Net Cash From Investing Activities	-10	-6.91	-3.70	-11	-6.69	-7.28	-5.45	-9.68	-4.32	-5.34	-2.61
Net Cash From Continuing Investing Activities	-10	-6.91	-3.70	-11	-6.69	-7.28	-5.45	-9.68	-4.32	-5.34	-2.61
Purchase of Property, Plant & Equipment	-10	-6.91	-3.70	-11	-6.70	-7.29	-5.47	-9.70	-4.31	-5.37	-2.61
Net Cash From Financing Activities	0.06	0.11	-304	0.47	0.56	0.28	0.00	0.02	0.01	0.29	-30
Net Cash From Continuing Financing Activities	0.06	0.11	-304	0.47	0.56	0.28	0.00	0.02	0.01	0.29	-30
Other Financing Activities, net	0.06	0.11	0.35	0.47	0.56	0.28	0.00	0.02	0.01	-	-
Cash Interest Paid	0.05	-0.01	0.03	0.08	-	0.03	0.11	0.02	0.07	0.03	0.19
Cash Income Taxes Paid	15	31	0.22	12	13	31	0.00	10	6.04	21	-0.08

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

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	4/27/2024	4/29/2023	4/30/2022	5/1/2021	5/2/2020	4/27/2019	4/28/2018	4/29/2017	4/30/2016	5/2/2015
Total Assets	770	574	468	557	649	452	459	354	305	248
Total Current Assets	537	366	275	365	461	321	353	268	224	168
Cash & Equivalents	327	158	48	194	305	156	190	136	106	52
Accounts Receivable	103	105	94	86	85	85	84	71	61	60
Inventories, net	85	94	103	71	63	71	61	53	48	43
Prepaid Expenses	22	9.84	30	13	7.79	9.71	18	7.28	4.67	8.05
Plant, Property, & Equipment, net	160	148	144	131	121	111	86	65	62	60
Total Noncurrent Assets	74	60	49	61	67	19	20	21	20	20
Goodwill	13	13	13	13	13	13	13	13	13	13
Intangible Assets	1.62	1.62	1.62	1.62	1.62	1.62	1.62	1.62	1.62	1.62
Other Noncurrent Operating Assets	59	45	34	47	53	4.66	5.30	5.75	5.14	5.08
Total Liabilities & Shareholders' Equity	770	574	468	557	649	452	459	354	305	248
Total Liabilities	211	202	228	201	196	121	127	108	99	100
Total Current Liabilities	138	144	145	147	142	97	105	87	76	66
Accounts Payable	78	85	95	89	74	66	75	58	49	45
Accrued Expenses	47	47	39	44	42	30	30	29	26	21
Current Deferred & Payable Income Tax Liabilities	0.00	0.15	0.39	0.09	7.86	0.40	0.10	0.09	0.03	0.10
Other Current Liabilities	13	12	11	15	17	0.00	-	-	-	-
Total Noncurrent Liabilities	73	58	83	54	55	24	23	21	24	34
Noncurrent Deferred & Payable Income Tax Liabilities	23	20	24	17	15	16	15	12	14	15
Other Noncurrent Operating Liabilities	49	38	29	37	40	7.56	8.22	9.07	9.26	8.47
Total Equity & Noncontrolling Interests	560	372	239	356	452	-295	331	246	206	148
Total Preferred & Common Equity	560	372	239	356	452	332	331	246	201	148
Preferred Stock	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.27
Total Common Equity	559	372	239	356	452	-295	331	245	206	148
Common Stock	44	41	40	39	38	38	37	36	35	38
Retained Earnings	535	358	216	338	443	313	308	228	191	130
Treasury Stock	-19	-19	-	-24	-24	-18	-18	-18	-18	-18
Accumulated Other Comprehensive Income / (Loss)	4.91	-3.19	6.92	3.02	-5.42	-1.54	4.60	-0.60	-1.81	-2.52
Other Equity Adjustments	-5.10	-5.10	-24	-	-	-	-	-	-	-

This table presents National Beverage'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 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	1/25/2025	10/26/2024	7/27/2024	1/27/2024	10/28/2023	7/29/2023	1/28/2023	10/29/2022	7/30/2022	1/29/2022
Total Assets	594	557	523	720	673	640	526	500	456	428
Total Current Assets	353	325	293	489	456	431	324	299	254	237
Cash & Equivalents	149	113	77	277	248	223	118	93	56	40
Accounts Receivable	91	100	116	102	100	108	97	100	100	82
Inventories, net	85	91	91	89	93	93	94	88	90	89
Prepaid Expenses	27	21	9.52	22	16	8.03	15	17	7.16	26
Plant, Property, & Equipment, net	166	160	158	154	152	149	143	143	142	135
Total Noncurrent Assets	76	72	71	77	65	60	60	58	59	56
Goodwill	13	13	13	13	13	13	13	13	13	13
Intangible Assets	1.62	1.62	1.62	1.62	1.62	1.62	1.62	1.62	1.62	1.62
Other Noncurrent Operating Assets	61	57	56	62	50	45	45	44	45	41
Total Liabilities & Shareholders' Equity	594	557	523	720	673	640	526	500	456	428
Total Liabilities	194	197	216	210	206	218	187	205	191	222
Total Current Liabilities	120	128	147	133	143	157	126	148	132	119
Accounts Payable	63	70	74	73	80	87	69	84	76	69
Accrued Expenses	43	45	50	45	49	49	44	51	43	37
Current Deferred & Payable Income Tax Liabilities	0.64	0.68	11	0.79	0.19	8.90	0.47	0.15	0.65	0.73
Other Current Liabilities	13	13	13	14	13	12	12	12	12	13
Total Noncurrent Liabilities	74	69	68	77	63	62	61	57	59	103
Noncurrent Deferred & Payable Income Tax Liabilities	24	24	21	25	24	24	25	21	21	19
Other Noncurrent Operating Liabilities	50	46	47	52	39	37	37	37	38	34
Total Equity & Noncontrolling Interests	400	360	307	510	467	422	340	295	264	206
Total Preferred & Common Equity	400	360	307	510	467	422	340	295	264	206
Preferred Stock	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15
Total Common Equity	400	360	306	510	467	422	339	295	264	206
Common Stock	45	44	44	43	42	42	41	41	41	40
Retained Earnings	373	333	288	491	452	408	322	288	252	182
Treasury Stock	-19	-19	-19	-19	-19	-19	-24	-24	-24	-24
Accumulated Other Comprehensive Income / (Loss)	6.74	6.51	-1.14	0.19	-2.54	-3.40	0.32	-9.53	-4.04	8.29
Other Equity Adjustments	-5.10	-5.10	-5.10	-5.10	-5.10	-5.10	-	-	-	-

This table displays calculated financial ratios and metrics derived from National Beverage's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	4/27/2024	4/29/2023	4/30/2022	5/1/2021	5/2/2020	4/27/2019	4/28/2018	4/29/2017	4/30/2016	5/2/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.60%	3.07%	6.14%	7.18%	-1.35%	3.93%	18.00%	17.33%	9.13%	0.73%
EBITDA Growth	20.17%	-8.22%	-7.67%	29.62%	0.36%	-8.87%	24.38%	67.53%	21.12%	14.82%
EBIT Growth	23.28%	-10.19%	-9.00%	34.63%	-7.84%	-10.52%	26.06%	75.46%	23.74%	17.74%
NOPAT Growth	18.03%	-10.31%	-8.74%	36.80%	-7.77%	-7.39%	39.33%	73.89%	25.80%	9.60%
Net Income Growth	24.32%	-10.31%	-8.98%	33.99%	-7.73%	-5.96%	39.92%	74.92%	24.11%	13.01%
EPS Growth	24.34%	-10.06%	-9.14%	33.81%	-7.73%	-5.96%	39.30%	74.81%	24.76%	14.13%
Operating Cash Flow Growth	22.42%	21.43%	-31.29%	9.05%	27.43%	-9.88%	35.40%	41.98%	38.72%	10.76%
Free Cash Flow Firm Growth	0.43%	49.73%	-37.40%	2.97%	48.77%	-10.73%	18.70%	48.30%	32.96%	23.41%
Invested Capital Growth	8.42%	-3.15%	36.32%	9.87%	-15.73%	23.90%	29.59%	8.62%	-4.51%	-0.89%
Revenue Q/Q Growth	0.90%	0.21%	2.07%	-0.12%	2.30%	-0.43%	3.42%	4.16%	2.09%	0.04%
EBITDA Q/Q Growth	4.04%	1.30%	-2.37%	1.10%	15.02%	-6.95%	2.56%	11.66%	8.43%	3.39%
EBIT Q/Q Growth	4.26%	1.64%	-2.90%	1.80%	8.22%	-7.93%	2.88%	12.50%	9.27%	4.07%
NOPAT Q/Q Growth	2.02%	1.71%	-2.90%	2.19%	8.49%	-7.17%	4.95%	12.06%	9.62%	-0.71%
Net Income Q/Q Growth	4.38%	1.40%	-2.93%	1.70%	8.40%	-6.82%	5.11%	12.18%	9.59%	0.51%
EPS Q/Q Growth	4.42%	1.33%	-3.43%	-99.90%	8.40%	-6.82%	4.93%	12.25%	10.08%	0.96%
Operating Cash Flow Q/Q Growth	5.90%	5.78%	-5.68%	-1.96%	12.73%	-10.03%	10.95%	1.81%	13.15%	2.17%
Free Cash Flow Firm Q/Q Growth	-1.74%	10.90%	-9.57%	-5.17%	21.32%	-10.40%	2.10%	7.40%	8.11%	5.88%
Invested Capital Q/Q Growth	-0.34%	-3.06%	2.55%	-0.19%	-7.93%	2.65%	2.23%	-1.38%	-5.87%	-5.98%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	35.95%	33.83%	36.71%	39.32%	37.00%	37.90%	40.09%	39.43%	34.26%	33.93%
EBITDA Margin	22.16%	18.73%	21.04%	24.18%	20.00%	19.65%	22.42%	21.27%	14.89%	13.42%
Operating Margin	18.34%	15.92%	18.26%	21.25%	16.57%	17.74%	20.93%	19.65%	13.20%	11.46%
EBIT Margin	19.29%	15.90%	18.24%	21.28%	16.94%	18.13%	21.06%	19.71%	13.18%	11.63%
Profit (Net Income) Margin	14.83%	12.12%	13.93%	16.24%	12.99%	13.89%	15.35%	12.95%	8.68%	7.64%
Tax Burden Percent	76.89%	76.25%	76.36%	76.33%	76.70%	76.60%	72.89%	65.74%	66.01%	66.00%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	99.88%	99.78%	99.51%
Effective Tax Rate	23.11%	23.75%	23.64%	23.67%	23.30%	23.40%	27.11%	34.26%	33.99%	34.00%
Return on Invested Capital (ROIC)	75.19%	65.33%	82.71%	112.12%	78.66%	86.97%	118.67%	101.82%	59.67%	46.15%
ROIC Less NNEP Spread (ROIC-NNEP)	71.60%	65.54%	82.89%	112.02%	82.09%	89.12%	118.09%	101.63%	59.98%	44.92%
Return on Net Nonoperating Assets (RNNOA)	-37.27%	-18.86%	-29.46%	-69.03%	86.82%	691.46%	-66.76%	-54.43%	-25.09%	-12.14%
Return on Equity (ROE)	37.93%	46.46%	53.24%	43.09%	165.48%	778.43%	51.91%	47.39%	34.58%	34.01%
Cash Return on Invested Capital (CROIC)	67.12%	68.53%	51.97%	102.71%	95.73%	65.62%	92.89%	93.55%	64.28%	47.04%
Operating Return on Assets (OROA)	34.19%	35.78%	40.50%	37.84%	30.79%	40.37%	50.56%	49.44%	33.59%	31.91%
Return on Assets (ROA)	26.29%	27.28%	30.93%	28.88%	23.61%	30.92%	36.85%	32.46%	22.12%	20.96%
Return on Common Equity (ROCE)	37.91%	46.44%	53.22%	43.07%	165.16%	771.98%	51.88%	47.36%	34.54%	33.93%
Return on Equity Simple (ROE_SIMPLE)	31.59%	38.17%	66.20%	48.92%	28.73%	42.48%	45.19%	43.58%	30.42%	33.37%
Net Operating Profit after Tax (NOPAT)	168	142	159	174	127	138	149	107	61	49
NOPAT Margin	14.10%	12.14%	13.95%	16.22%	12.71%	13.59%	15.25%	12.92%	8.72%	7.56%
Net Nonoperating Expense Percent (NNEP)	3.59%	-0.21%	-0.19%	0.10%	-3.42%	-2.15%	0.58%	0.19%	-0.31%	1.23%
Cost of Revenue to Revenue	64.05%	66.17%	63.29%	60.68%	63.00%	62.10%	59.91%	60.57%	65.74%	66.07%
SG&A Expenses to Revenue	17.62%	17.91%	18.45%	18.07%	20.43%	20.16%	19.16%	19.78%	21.05%	22.48%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	17.62%	17.91%	18.45%	18.07%	20.43%	20.16%	19.16%	19.78%	21.05%	22.48%
Earnings before Interest and Taxes (EBIT)	230	186	208	228	169	184	205	163	93	75
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	264	220	239	259	200	199	219	176	105	87
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.80	11.63	16.05	12.00	4.57	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	6.98	12.11	17.10	12.52	4.72	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	3.19	3.69	3.37	3.98	2.06	0.00	0.00	0.00	0.00	0.00
Price to Earnings (P/E)	21.52	30.46	24.22	24.52	15.89	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	7.29%	0.00%	0.00%	11.40%	7.80%	4.02%	0.00%	0.00%
Earnings Yield	4.65%	3.28%	4.13%	4.08%	6.29%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	14.95	19.46	17.26	25.10	11.91	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	2.92	3.56	3.36	3.80	1.76	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	13.16	18.99	15.96	15.72	8.80	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	15.12	22.38	18.41	17.87	10.39	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	20.69	29.31	24.08	23.44	13.85	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	17.56	25.81	28.71	21.04	9.91	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	23.18	27.94	38.32	25.58	11.38	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.13	0.00	0.00	0.00	0.00	0.00	0.00	0.07
Long-Term Debt to Equity	0.00	0.00	0.13	0.00	0.00	0.00	0.00	0.00	0.00	0.07
Financial Leverage	-0.52	-0.29	-0.36	-0.62	1.06	7.76	-0.57	-0.54	-0.42	-0.27
Leverage Ratio	1.44	1.70	1.72	1.49	7.01	25.17	1.41	1.46	1.56	1.62
Compound Leverage Factor	1.44	1.70	1.72	1.49	7.01	25.17	1.41	1.46	1.56	1.61
Debt to Total Capital	0.00%	0.00%	11.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	6.34%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	11.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	6.34%
Preferred Equity to Total Capital	0.03%	0.04%	0.06%	0.04%	0.03%	-0.05%	0.05%	0.06%	0.07%	0.17%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	99.97%	99.96%	88.81%	99.96%	99.97%	100.05%	99.95%	99.94%	99.93%	93.49%
Debt to EBITDA	0.00	0.00	0.13	0.00	0.00	0.00	0.00	0.00	0.00	0.12
Net Debt to EBITDA	0.00	0.00	-0.08	0.00	0.00	0.00	0.00	0.00	0.00	-0.49
Long-Term Debt to EBITDA	0.00	0.00	0.13	0.00	0.00	0.00	0.00	0.00	0.00	0.12
Debt to NOPAT	0.00	0.00	0.19	0.00	0.00	0.00	0.00	0.00	0.00	0.20
Net Debt to NOPAT	0.00	0.00	-0.11	0.00	0.00	0.00	0.00	0.00	0.00	-0.87
Long-Term Debt to NOPAT	0.00	0.00	0.19	0.00	0.00	0.00	0.00	0.00	0.00	0.20
Altman Z-Score	14.96	17.32	14.96	17.32	10.26	0.00	0.00	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.03%	0.05%	0.05%	0.04%	0.19%	0.83%	0.05%	0.07%	0.12%	0.23%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.89	2.54	1.89	2.48	3.25	3.31	3.37	3.08	2.96	2.53
Quick Ratio	3.12	1.82	0.97	1.90	2.75	2.48	2.62	2.38	2.20	1.70
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	150	149	100	159	155	104	116	98	66	50
Operating Cash Flow to CapEx	654.28%	736.45%	459.02%	765.83%	744.07%	363.94%	484.85%	816.95%	669.35%	596.61%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	519.29	326.00	134.16
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	604.59	396.47	156.39
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	530.58	337.24	130.18
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.77	2.25	2.22	1.78	1.82	2.23	2.40	2.51	2.55	2.74
Accounts Receivable Turnover	11.47	11.82	12.64	12.51	11.79	11.99	12.54	12.49	11.65	10.93
Inventory Turnover	8.57	7.88	8.24	9.64	9.39	9.57	10.23	9.89	10.20	9.83
Fixed Asset Turnover	7.73	8.02	8.27	8.52	8.63	10.29	12.93	13.01	11.54	10.79
Accounts Payable Turnover	9.34	8.60	7.83	7.98	8.97	8.93	8.79	9.32	9.83	9.43
Days Sales Outstanding (DSO)	31.82	30.89	28.87	29.17	30.97	30.45	29.12	29.21	31.33	33.39
Days Inventory Outstanding (DIO)	42.61	46.30	44.29	37.86	38.86	38.14	35.67	36.90	35.78	37.14
Days Payable Outstanding (DPO)	39.07	42.42	46.64	45.76	40.70	40.88	41.51	39.17	37.14	38.71
Cash Conversion Cycle (CCC)	35.35	34.76	26.53	21.27	29.12	27.72	23.29	26.95	29.98	31.82
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	232	214	221	162	148	175	142	109	101	105
Invested Capital Turnover	5.33	5.38	5.93	6.91	6.19	6.40	7.78	7.88	6.85	6.10
Increase / (Decrease) in Invested Capital	18	-6.98	59	15	-28	34	32	8.67	-4.75	-0.94
Enterprise Value (EV)	3,476	4,172	3,822	4,076	1,761	0.00	0.00	0.00	0.00	0.00
Market Capitalization	3,803	4,330	3,840	4,270	2,065	0.00	0.00	0.00	0.00	0.00
Book Value per Share	$5.98	$3.99	$2.56	$3.81	$9.70	($6.33)	$7.11	$5.27	$4.43	$3.18
Tangible Book Value per Share	$5.82	$3.83	$2.41	$3.66	$9.38	($6.65)	$6.79	$4.95	$4.11	$2.86
Total Capital	560	372	269	356	452	-295	331	246	206	158
Total Debt	0.00	0.00	30	0.00	0.00	0.00	0.00	0.00	0.00	10
Total Long-Term Debt	0.00	0.00	30	0.00	0.00	0.00	0.00	0.00	0.00	10
Net Debt	-327	-158	-18	-194	-305	-156	-190	-136	-106	-42
Capital Expenditures (CapEx)	30	22	29	25	24	38	32	14	12	9.73
Debt-free, Cash-free Net Working Capital (DFCFNWC)	72	64	81	24	15	68	58	45	42	49
Debt-free Net Working Capital (DFNWC)	399	222	129	218	319	224	248	181	148	101
Net Working Capital (NWC)	399	222	129	218	319	224	248	181	148	101
Net Nonoperating Expense (NNE)	-8.72	0.18	0.20	-0.24	-2.84	-3.02	-0.95	-0.23	0.23	-0.48
Net Nonoperating Obligations (NNO)	-327	-158	-18	-194	-305	471	-190	-136	-106	-42
Total Depreciation and Amortization (D&A)	34	33	32	31	31	15	13	13	12	12
Debt-free, Cash-free Net Working Capital to Revenue	6.03%	5.46%	7.13%	2.25%	1.45%	6.73%	5.99%	5.41%	6.03%	7.59%
Debt-free Net Working Capital to Revenue	33.48%	18.93%	11.35%	20.31%	31.89%	22.13%	25.45%	21.90%	21.01%	15.71%
Net Working Capital to Revenue	33.48%	18.93%	11.35%	20.31%	31.89%	22.13%	25.45%	21.90%	21.01%	15.71%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.89	$1.52	$1.70	$1.87	$1.40	$1.51	$1.61	$1.15	$0.66	$0.53
Adjusted Weighted Average Basic Shares Outstanding	93.43M	93.35M	93.32M	93.28M	93.26M	93.27M	93.20M	93.13M	92.90M	92.71M
Adjusted Diluted Earnings per Share	$1.89	$1.52	$1.69	$1.86	$1.39	$1.50	$1.60	$1.15	$0.66	$0.53
Adjusted Weighted Average Diluted Shares Outstanding	93.63M	93.61M	93.60M	93.62M	93.66M	93.83M	93.84M	93.54M	93.34M	93.12M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$1.40	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	93.58M	93.35M	93.34M	93.31M	93.25M	93.29M	93.24M	93.17M	93.11M	92.80M
Normalized Net Operating Profit after Tax (NOPAT)	168	142	159	174	127	138	149	107	61	49
Normalized NOPAT Margin	14.10%	12.14%	13.95%	16.22%	12.71%	13.59%	15.25%	12.92%	8.72%	7.56%
Pre Tax Income Margin	19.29%	15.90%	18.24%	21.28%	16.94%	18.13%	21.06%	19.69%	13.15%	11.57%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	862.51	457.67	202.38
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	565.17	302.60	131.62
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	788.50	398.44	176.17
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	491.16	243.37	105.40
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	176.64%	160.71%	0.00%	96.02%	46.66%	65.25%	0.30%	0.48%
Augmented Payout Ratio	0.00%	0.00%	176.64%	160.71%	4.80%	96.02%	46.66%	65.25%	0.30%	0.48%

This table displays calculated financial ratios and metrics derived from National Beverage's official financial filings.

Metric	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023
Period end date	1/25/2025	10/26/2024	7/27/2024	4/27/2024	1/27/2024	10/28/2023	7/29/2023	4/29/2023	1/28/2023	10/29/2022	7/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.12%	-2.96%	1.61%	3.70%	0.59%	0.15%	1.92%	0.87%	3.69%	5.82%	2.05%
EBITDA Growth	2.63%	4.16%	12.74%	18.32%	10.25%	18.37%	33.50%	5.31%	10.45%	-6.74%	-29.96%
EBIT Growth	3.64%	4.53%	13.34%	19.52%	11.65%	21.29%	40.46%	6.67%	10.59%	-8.82%	-34.02%
NOPAT Growth	1.41%	6.26%	11.19%	9.17%	11.91%	15.90%	35.31%	6.93%	9.19%	-8.42%	-34.01%
Net Income Growth	0.13%	4.22%	14.40%	20.43%	15.22%	21.48%	39.99%	5.70%	10.60%	-8.24%	-34.12%
EPS Growth	0.00%	4.26%	15.09%	-24,094.87%	-98.86%	20.51%	-98.61%	5.41%	11,112.12%	-99.07%	6,451.72%
Operating Cash Flow Growth	31.42%	33.45%	-18.03%	22.32%	17.96%	-23.32%	72.69%	21.76%	355.60%	42.02%	-28.31%
Free Cash Flow Firm Growth	-19.79%	-33.21%	-59.17%	-49.39%	-9.52%	238.35%	681.25%	278.76%	230.19%	-59.70%	-120.58%
Invested Capital Growth	7.61%	12.67%	15.18%	8.42%	5.46%	8.40%	-4.20%	-3.15%	2.46%	16.50%	27.83%
Revenue Q/Q Growth	-8.29%	-11.62%	10.82%	10.09%	-10.00%	-7.45%	13.09%	6.78%	-10.40%	-5.81%	11.93%
EBITDA Q/Q Growth	-11.59%	-17.50%	25.19%	12.39%	-10.27%	-10.70%	31.38%	4.72%	-3.66%	0.71%	3.64%
EBIT Q/Q Growth	-12.79%	-19.31%	28.42%	14.70%	-12.04%	-12.51%	35.42%	7.14%	-4.45%	1.33%	2.84%
NOPAT Q/Q Growth	-12.94%	-17.08%	32.83%	5.76%	-8.78%	-13.23%	30.42%	8.41%	-5.52%	1.30%	3.06%
Net Income Q/Q Growth	-13.13%	-19.62%	29.87%	10.43%	-9.58%	-11.77%	36.71%	5.65%	-4.67%	1.67%	3.23%
EPS Q/Q Growth	-14.29%	-19.67%	100.65%	-322.81%	-10.64%	-11.32%	35.90%	-98.95%	9,387.18%	-98.97%	10,170.27%
Operating Cash Flow Q/Q Growth	9.25%	-25.93%	-4.87%	70.71%	10.94%	-54.50%	41.96%	64.62%	-27.89%	2.47%	0.09%
Free Cash Flow Firm Q/Q Growth	26.22%	-28.86%	4.55%	-14.56%	5.10%	-56.51%	29.60%	52.75%	293.01%	174.71%	60.14%
Invested Capital Q/Q Growth	1.50%	7.73%	-1.25%	-0.34%	6.27%	10.13%	-7.05%	-3.06%	9.23%	-2.67%	-6.03%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	37.05%	37.55%	37.16%	36.69%	35.93%	35.94%	35.31%	35.74%	35.35%	33.37%	31.25%
EBITDA Margin	22.62%	23.46%	25.13%	22.25%	21.79%	21.86%	22.65%	19.50%	19.88%	18.49%	17.30%
Operating Margin	18.94%	19.87%	21.10%	17.80%	17.84%	18.10%	19.46%	17.04%	16.55%	15.66%	14.61%
EBIT Margin	19.46%	20.47%	22.42%	19.35%	18.57%	19.00%	20.10%	16.79%	16.73%	15.69%	14.58%
Profit (Net Income) Margin	14.84%	15.67%	17.23%	14.71%	14.66%	14.59%	15.31%	12.66%	12.80%	12.03%	11.15%
Tax Burden Percent	76.27%	76.58%	76.87%	76.01%	78.95%	76.80%	76.16%	75.44%	76.50%	76.68%	76.42%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	23.73%	23.42%	23.13%	23.99%	21.05%	23.20%	23.84%	24.56%	23.50%	23.32%	23.58%
Return on Invested Capital (ROIC)	70.70%	77.46%	90.53%	72.17%	73.21%	77.69%	85.80%	69.19%	67.81%	74.09%	68.92%
ROIC Less NNEP Spread (ROIC-NNEP)	70.20%	76.72%	88.31%	70.73%	72.43%	76.46%	84.68%	69.81%	67.13%	74.06%	68.96%
Return on Net Nonoperating Assets (RNNOA)	-32.86%	-33.43%	-36.33%	-36.82%	-33.69%	-34.14%	-34.41%	-20.09%	-13.37%	-37.69%	-30.93%
Return on Equity (ROE)	37.84%	44.03%	54.20%	35.35%	39.52%	43.55%	51.40%	49.10%	54.44%	36.41%	37.99%
Cash Return on Invested Capital (CROIC)	65.58%	63.49%	66.75%	67.12%	67.16%	68.07%	80.34%	68.53%	61.62%	57.62%	51.30%
Operating Return on Assets (OROA)	35.11%	39.52%	46.15%	34.29%	35.20%	38.21%	43.24%	37.78%	41.02%	32.08%	31.25%
Return on Assets (ROA)	26.78%	30.27%	35.47%	26.07%	27.79%	29.35%	32.94%	28.50%	31.38%	24.60%	23.88%
Return on Common Equity (ROCE)	37.83%	44.01%	54.18%	35.34%	39.51%	43.54%	51.37%	49.07%	54.41%	36.39%	37.97%
Return on Equity Simple (ROE_SIMPLE)	46.42%	51.57%	59.98%	0.00%	33.18%	35.12%	37.04%	0.00%	41.30%	46.39%	53.07%
Net Operating Profit after Tax (NOPAT)	39	44	53	40	38	42	48	37	34	36	36
NOPAT Margin	14.45%	15.22%	16.22%	13.53%	14.09%	13.90%	14.82%	12.85%	12.66%	12.01%	11.17%
Net Nonoperating Expense Percent (NNEP)	0.50%	0.73%	2.23%	1.44%	0.79%	1.23%	1.13%	-0.62%	0.68%	0.03%	-0.04%
Return On Investment Capital (ROIC_SIMPLE)	9.64%	-	-	-	7.46%	-	-	-	-	-	-
Cost of Revenue to Revenue	62.95%	62.45%	62.84%	63.31%	64.07%	64.06%	64.69%	64.26%	64.65%	66.63%	68.75%
SG&A Expenses to Revenue	18.11%	17.68%	16.06%	18.89%	18.09%	17.85%	15.85%	18.70%	18.80%	17.71%	16.64%
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	18.11%	17.68%	16.06%	18.89%	18.09%	17.85%	15.85%	18.70%	18.80%	17.71%	16.64%
Earnings before Interest and Taxes (EBIT)	52	60	74	58	50	57	65	48	45	47	46
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	60	68	83	66	59	66	73	56	53	55	55
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	9.89	11.79	15.26	6.80	8.06	8.44	10.92	11.63	11.84	14.80	19.16
Price to Tangible Book Value (P/TBV)	10.26	12.29	16.03	6.98	8.30	8.71	11.32	12.11	12.38	15.58	20.29
Price to Revenue (P/Rev)	3.34	3.57	3.91	3.19	3.48	3.34	3.91	3.69	3.43	3.76	4.42
Price to Earnings (P/E)	21.29	22.85	25.44	21.52	24.28	24.01	29.48	30.46	28.65	31.89	36.08
Dividend Yield	7.69%	7.17%	6.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	6.41%	5.54%
Earnings Yield	4.70%	4.38%	3.93%	4.65%	4.12%	4.16%	3.39%	3.28%	3.49%	3.14%	2.77%
Enterprise Value to Invested Capital (EV/IC)	15.16	16.71	20.04	14.95	16.44	16.82	22.01	19.46	17.63	21.11	24.04
Enterprise Value to Revenue (EV/Rev)	3.21	3.48	3.84	2.92	3.25	3.13	3.72	3.56	3.33	3.68	4.37
Enterprise Value to EBITDA (EV/EBITDA)	13.71	14.96	16.83	13.16	15.11	14.87	18.42	18.99	17.97	20.17	23.17
Enterprise Value to EBIT (EV/EBIT)	15.67	17.14	19.28	15.12	17.39	17.16	21.37	22.38	21.25	23.86	27.23
Enterprise Value to NOPAT (EV/NOPAT)	21.56	23.48	26.53	20.69	23.28	22.99	28.32	29.31	27.86	31.18	35.62
Enterprise Value to Operating Cash Flow (EV/OCF)	18.38	21.09	24.83	17.56	20.52	20.34	22.94	25.81	25.51	33.03	42.71
Enterprise Value to Free Cash Flow (EV/FCFF)	23.97	27.88	32.14	23.18	25.13	25.71	26.81	27.94	28.95	39.42	52.58
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.47	-0.44	-0.41	-0.52	-0.47	-0.45	-0.41	-0.29	-0.20	-0.51	-0.45
Leverage Ratio	1.44	1.49	1.60	1.44	1.47	1.54	1.60	1.70	1.75	1.48	1.59
Compound Leverage Factor	1.44	1.49	1.60	1.44	1.47	1.54	1.60	1.70	1.75	1.48	1.59
Debt 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%
Short-Term Debt 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%
Long-Term Debt 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%
Preferred Equity to Total Capital	0.04%	0.04%	0.05%	0.03%	0.03%	0.03%	0.04%	0.04%	0.04%	0.05%	0.06%
Noncontrolling Interests 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%
Common Equity to Total Capital	99.96%	99.96%	99.95%	99.97%	99.97%	99.97%	99.96%	99.96%	99.96%	99.95%	99.94%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	15.88	16.65	16.86	14.22	15.19	15.02	16.25	16.53	16.71	16.58	19.79
Noncontrolling Interest Sharing Ratio	0.03%	0.04%	0.04%	0.03%	0.04%	0.04%	0.04%	0.05%	0.06%	0.04%	0.04%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.95	2.54	1.99	3.89	3.68	3.20	2.75	2.54	2.58	2.02	1.92
Quick Ratio	2.01	1.66	1.31	3.12	2.85	2.44	2.11	1.82	1.72	1.31	1.18
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	21	16	23	22	26	25	57	44	29	7.30	-9.77
Operating Cash Flow to CapEx	456.01%	616.72%	1,552.77%	558.15%	529.48%	438.17%	1,287.50%	510.40%	694.15%	779.27%	1,558.60%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.80	1.93	2.06	1.77	1.90	2.01	2.15	2.25	2.45	2.04	2.14
Accounts Receivable Turnover	12.30	11.89	10.70	11.47	11.88	11.76	11.34	11.82	13.06	12.31	11.51
Inventory Turnover	8.58	8.16	8.28	8.57	8.33	8.39	8.37	7.88	8.54	9.21	9.38
Fixed Asset Turnover	7.42	7.61	7.78	7.73	7.96	8.00	8.09	8.02	8.41	8.50	8.35
Accounts Payable Turnover	10.96	10.03	9.43	9.34	10.67	9.24	9.39	8.60	11.32	8.81	9.34
Days Sales Outstanding (DSO)	29.67	30.70	34.11	31.82	30.72	31.05	32.19	30.89	27.95	29.66	31.72
Days Inventory Outstanding (DIO)	42.54	44.72	44.06	42.61	43.81	43.52	43.62	46.30	42.74	39.63	38.90
Days Payable Outstanding (DPO)	33.29	36.41	38.69	39.07	34.20	39.49	38.89	42.42	32.24	41.41	39.09
Cash Conversion Cycle (CCC)	38.91	39.01	39.49	35.35	40.33	35.08	36.92	34.76	38.45	27.88	31.53
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	251	247	230	232	233	219	199	214	221	202	208
Invested Capital Turnover	4.89	5.09	5.58	5.33	5.20	5.59	5.79	5.38	5.36	6.17	6.17
Increase / (Decrease) in Invested Capital	18	28	30	18	12	17	-8.74	-6.98	5.30	29	45
Enterprise Value (EV)	3,806	4,132	4,600	3,476	3,834	3,692	4,386	4,172	3,899	4,274	5,001
Market Capitalization	3,955	4,244	4,677	3,803	4,111	3,940	4,609	4,330	4,017	4,366	5,057
Book Value per Share	$4.27	$3.85	$3.27	$5.98	$5.46	$5.00	$4.52	$3.99	$3.64	$3.16	$2.83
Tangible Book Value per Share	$4.12	$3.69	$3.12	$5.82	$5.30	$4.84	$4.36	$3.83	$3.48	$3.00	$2.67
Total Capital	400	360	307	560	510	467	422	372	340	295	264
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-149	-113	-77	-327	-277	-248	-223	-158	-118	-93	-56
Capital Expenditures (CapEx)	10	6.91	3.70	11	6.69	7.28	5.45	9.68	4.32	5.34	2.61
Debt-free, Cash-free Net Working Capital (DFCFNWC)	84	84	69	72	79	66	52	64	80	58	66
Debt-free Net Working Capital (DFNWC)	233	197	146	399	356	314	275	222	198	151	122
Net Working Capital (NWC)	233	197	146	399	356	314	275	222	198	151	122
Net Nonoperating Expense (NNE)	-1.07	-1.32	-3.34	-3.49	-1.55	-2.09	-1.57	0.55	-0.37	-0.07	0.06
Net Nonoperating Obligations (NNO)	-149	-113	-77	-327	-277	-248	-223	-158	-118	-93	-56
Total Depreciation and Amortization (D&A)	8.43	8.73	8.95	8.63	8.71	8.58	8.29	7.78	8.47	8.40	8.63
Debt-free, Cash-free Net Working Capital to Revenue	7.07%	7.07%	5.74%	6.03%	6.70%	5.62%	4.40%	5.46%	6.84%	5.03%	5.74%
Debt-free Net Working Capital to Revenue	19.66%	16.56%	12.18%	33.48%	30.15%	26.62%	23.29%	18.93%	16.95%	13.00%	10.64%
Net Working Capital to Revenue	19.66%	16.56%	12.18%	33.48%	30.15%	26.62%	23.29%	18.93%	16.95%	13.00%	10.64%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.42	$0.49	$0.61	($93.58)	$42.00	$0.47	$53.00	$0.39	$0.37	$39.00	$0.38
Adjusted Weighted Average Basic Shares Outstanding	93.62M	93.61M	93.57M	93.43M	93.45M	93.36M	93.35M	93.35M	93.35M	93.34K	93.34M
Adjusted Diluted Earnings per Share	$0.42	$0.49	$0.61	($93.58)	$42.00	$0.47	$53.00	$0.39	$0.37	$39.00	$0.38
Adjusted Weighted Average Diluted Shares Outstanding	93.69M	93.69M	93.67M	93.63M	93.64M	93.60M	93.61M	93.61M	93.61M	93.60K	93.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.39	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	93.62M	93.61M	93.61M	93.58M	93.54M	93.39M	93.35M	93.35M	93.35M	93.35M	93.34M
Normalized Net Operating Profit after Tax (NOPAT)	39	44	53	40	38	42	48	37	34	36	36
Normalized NOPAT Margin	14.45%	15.22%	16.22%	13.53%	14.09%	13.90%	14.82%	12.85%	12.66%	12.01%	11.17%
Pre Tax Income Margin	19.46%	20.47%	22.42%	19.35%	18.57%	19.00%	20.10%	16.79%	16.73%	15.69%	14.58%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	163.71%	163.76%	165.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	163.71%	163.76%	165.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About National Beverage's Financials

When does National Beverage's fiscal year end?

According to the most recent income statement we have on file, National Beverage's financial year ends in April. Their financial year 2024 ended on April 27, 2024.

How has National Beverage's net income changed over the last 9 years?

National Beverage's net income appears to be on an upward trend, with a most recent value of $176.73 million in 2024, rising from $49.31 million in 2015. The previous period was $142.16 million in 2023. View National Beverage's forecast to see where analysts expect National Beverage to go next.

What is National Beverage's operating income?

National Beverage's total operating income in 2024 was $218.51 million, based on the following breakdown:

Total Gross Profit: $428.45 million
Total Operating Expenses: $209.94 million

How has National Beverage revenue changed over the last 9 years?

Over the last 9 years, National Beverage's total revenue changed from $645.83 million in 2015 to $1.19 billion in 2024, a change of 84.5%.

How much debt does National Beverage have?

National Beverage's total liabilities were at $210.64 million at the end of 2024, a 4.4% increase from 2023, and a 110.7% increase since 2015.

How much cash does National Beverage have?

In the past 9 years, National Beverage's cash and equivalents has ranged from $48.05 million in 2022 to $327.05 million in 2024, and is currently $327.05 million as of their latest financial filing in 2024.

How has National Beverage's book value per share changed over the last 9 years?

Over the last 9 years, National Beverage's book value per share changed from 3.18 in 2015 to 5.98 in 2024, a change of 88.0%.

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This page (NASDAQ:FIZZ) was last updated on 5/30/2025 by MarketBeat.com Staff

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National Beverage (FIZZ) Financials

Frequently Asked Questions About National Beverage's Financials

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National Beverage (FIZZ) Financials

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