BellRing Brands, Inc. (BRBR)

BellRing Brands, Inc., together with its subsidiaries, provides various nutrition products in the United States. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, protein powders, nutrition bars, and other products primarily under the Premier Protein and Dymatize brands. It distributes its products through club stores, food, drug and mass retailers, e-commerce, online and specialty retailers, and convenience stores channels. BellRing Brands, Inc. was incorporated in 2019 and is headquartered in Saint Louis, Missouri.

Symbol
BRBR
Exchange
NYSE
Sector
Consumer Defensive
Industry
Packaged Foods
Market cap
$982.42M
52 week range
7.82 - 37.27

Valuation

Share price
$8.44 (close of 2026-09-23)
P/E (TTM)
5.94x
Price to book
-2.10x
Price to free cash flow
4.37x
Enterprise value
$2.07B
Book value per share
$-4.01

Price performance

PeriodChange
1 day-5.70%
5 days-7.76%
1 month-17.17%
3 months-25.11%
6 months-49.19%
Year to date-68.42%
1 year-76.95%
3 years-79.43%
5 years-73.54%
All time-48.38%

Profitability and growth

Return on equity
-47.63%
Return on invested capital
50.95%
Return on assets
22.98%
Return on capital employed
54.30%
Gross margin
33.26%
Net margin
9.33%
EBITDA margin
16.23%
Revenue growth
16.05%
Net income growth
-12.29%
Free cash flow growth
29.37%

Cash flow and balance sheet

Free cash flow yield (TTM)
22.90%
Current ratio
2.25x
Net debt to EBITDA
3.27x

Latest reported year

Period end
2025-09-30
Fiscal year
2025
Revenue
$2.32B
Cost of revenue
$1.55B
Gross profit
$770.40M
EBITDA
$376.00M
Net income
$216.20M
Earnings per share
$1.70
Research and development
$16.00M
Interest expense
$68.40M
Shares outstanding
126.90M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-09-30$2.32B$770.40M$216.20M$1.70
2024-09-30$2.00B$707.30M$246.50M$1.89
2023-09-30$1.67B$530.20M$165.50M$1.24
2022-09-30$1.37B$421.80M$82.30M$0.88
2021-09-30$1.25B$386.20M$27.60M$0.70
2020-09-30$988.30M$338.00M$23.50M$0.60
2019-09-30$854.40M$311.80M-$0.00
2018-09-30$827.50M$277.70M-$0.00

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-09-3033.26%9.33%-47.63%50.95%
2024-09-3035.43%12.35%-119.72%54.78%
2023-09-3031.81%9.93%-51.16%47.93%
2022-09-3030.75%6.00%-21.88%35.32%
2021-09-3030.97%2.21%-0.90%-
2020-09-3034.20%2.38%-1.08%-
2019-09-3036.49%0.00%0.00%25.60%
2018-09-3033.56%0.00%0.00%21.80%

Cash and debt by year

Period endCashDebt
2025-09-30$71.80M$1.08B
2024-09-30$70.80M$833.10M
2023-09-30$48.40M$856.80M
2022-09-30$35.80M$929.50M
2021-09-30$152.60M$481.20M
2020-09-30$48.70M$622.60M
2019-09-30$5.50M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-09-30$255.90M$22.10M
2024-09-30$197.80M$21.00M
2023-09-30$213.80M$14.20M
2022-09-30$19.20M$9.80M
2021-09-30$224.50M$4.60M
2020-09-30$95.10M$2.50M
2019-09-30$95.10M-
2018-09-30$136.20M-

Investor relations

Next earnings report

Next confirmed report
2026-11-17
Consensus EPS estimate
$0.21

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-04Jun/2026$0.37
2026-05-05--
2026-02-03--
2025-11-18--
2025-08-04--
2025-05-05--
2025-02-03--
2025-01-30--

Filings and sources

Company website
bellring.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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