Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Food Industry Analysis

UpdatedJul 23, 2026
DataAggregated Company Financials
Companies133
  • 7D3.1%
  • 3M0.5%
  • 1Y-6.8%
  • YTD4.8%

Over the last 7 days, the Food industry has risen 3.1%, driven by gains in Mondelez International and Archer-Daniels-Midland of 3.6% and 6.1%, respectively. However, the industry is down 6.8% over the past year. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

Has the U.S. Food Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 23 Jul 2026US$407.5bUS$571.1bUS$6.8b17.6x60.3x0.7x
Sat, 20 Jun 2026US$388.8bUS$571.3bUS$11.4b17.1x34x0.7x
Mon, 18 May 2026US$401.8bUS$571.6bUS$10.3b18.1x38.9x0.7x
Wed, 15 Apr 2026US$404.4bUS$557.8bUS$9.9b21.3x40.7x0.7x
Fri, 13 Mar 2026US$408.8bUS$556.5bUS$10.0b22.6x40.7x0.7x
Sun, 08 Feb 2026US$435.5bUS$559.3bUS$11.5b23.1x38x0.8x
Tue, 06 Jan 2026US$383.1bUS$555.9bUS$14.5b19.7x26.5x0.7x
Thu, 04 Dec 2025US$425.2bUS$569.1bUS$17.3b20.5x24.6x0.7x
Sat, 01 Nov 2025US$418.4bUS$558.6bUS$17.8b17.8x23.6x0.7x
Mon, 29 Sep 2025US$438.8bUS$553.4bUS$16.5b18.1x26.6x0.8x
Wed, 27 Aug 2025US$453.0bUS$554.6bUS$16.2b21x27.9x0.8x
Fri, 25 Jul 2025US$465.5bUS$548.7bUS$24.2b19.8x19.3x0.8x
Sun, 22 Jun 2025US$444.5bUS$548.3bUS$23.4b19.3x19x0.8x
Tue, 20 May 2025US$435.1bUS$468.1bUS$22.5b19.2x19.3x0.9x
Thu, 17 Apr 2025US$442.8bUS$472.3bUS$24.9b16.9x17.8x0.9x
Sat, 15 Mar 2025US$440.0bUS$471.8bUS$24.4b17.1x18.1x0.9x
Mon, 10 Feb 2025US$432.8bUS$476.0bUS$24.0b19.2x18x0.9x
Wed, 08 Jan 2025US$436.1bUS$464.4bUS$21.6b20x20.2x0.9x
Fri, 06 Dec 2024US$464.6bUS$464.4bUS$21.6b21.1x21.5x1x
Sun, 03 Nov 2024US$472.1bUS$460.7bUS$21.8b17.8x21.6x1x
Tue, 01 Oct 2024US$497.8bUS$462.2bUS$22.2b18.7x22.4x1.1x
Thu, 29 Aug 2024US$490.3bUS$461.0bUS$22.4b20.1x21.9x1.1x
Sat, 27 Jul 2024US$466.0bUS$467.0bUS$23.7b18.9x19.7x1x
Mon, 24 Jun 2024US$460.3bUS$473.7bUS$25.1b14.8x18.3x1x
Wed, 22 May 2024US$489.8bUS$474.1bUS$24.3b17.9x20.1x1x
Fri, 19 Apr 2024US$471.0bUS$472.7bUS$24.8b16.7x19x1x
Sun, 17 Mar 2024US$472.5bUS$473.1bUS$24.5b15.2x19.3x1x
Tue, 13 Feb 2024US$470.6bUS$479.3bUS$25.2b14.8x18.7x1x
Thu, 11 Jan 2024US$500.7bUS$490.0bUS$25.4b16x19.7x1x
Sat, 09 Dec 2023US$492.3bUS$490.0bUS$25.5b16.4x19.3x1x
Mon, 06 Nov 2023US$473.3bUS$490.0bUS$26.4b16.2x17.9x1x
Wed, 04 Oct 2023US$483.9bUS$494.0bUS$26.1b18.2x18.5x1x
Fri, 01 Sep 2023US$514.0bUS$491.0bUS$26.4b16x19.5x1x
Sun, 30 Jul 2023US$547.4bUS$493.7bUS$26.3b17.5x20.8x1.1x
Price to Earnings Ratio

20.8x


Total Market Cap: US$547.4bTotal Earnings: US$26.3bTotal Revenue: US$493.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Food Industry Price to Earnings3Y Average 24x202420252026
Current Industry PE
  • Investors are optimistic on the American Food industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 60.3x which is higher than its 3-year average PE of 24.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.91x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 36% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.0% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the U.S. Consumer Staples industry?

US Market-1.35%
Consumer Staples-0.15%
Food3.09%
Agricultural Products5.45%
Packaged Foods and Meats2.43%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 26.2x.
    • Analysts are expecting annual earnings growth of 22.2%, which is higher than its past year's earnings decline of 15.0% per year.
  • Investors are most pessimistic about the Agricultural Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 17.0x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings decline of 21% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 22% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MDLZ Mondelez InternationalUS$60.863.6%
+US$2.7b		-13.3%PE29.9x
ADM Archer-Daniels-MidlandUS$87.326.1%
+US$2.4b		55.3%PE38.9x
BG Bunge GlobalUS$123.887.1%
+US$1.6b		58.5%PE35x
SJM J. M. SmuckerUS$118.058.3%
+US$965.1m		8.2%PS1.4x
DAR Darling IngredientsUS$64.786.9%
+US$661.1m		75.7%PE46.1x

Latest News

SJM
US$118.05
J. M. Smucker
7D
8.3%
1Y
8.2%
KHC
US$25.96
Kraft Heinz
7D
2.0%
1Y
-10.3%
DAR
US$64.78
Darling Ingredients
7D
6.9%
1Y
75.7%
Seeking Alpha • Jul 21

Darling Ingredients: Simple Business, Complex Dynamics

Summary Darling Ingredients leverages animal by-products and recycled materials to supply animal feed, industrials, and biofuel producers, with a major focus on renewable diesel. DAR's Diamond Green Diesel (DGD) joint venture with Valero is a critical component of its profitability and is also expected to generate meaningful cash inflows to DAR. An increased collagen and peptides (Nextida) mix allows DAR's Food segment to expand margins, increasing profitability without requiring higher volumes. Regulatory changes, such as the IRA’s Section 45Z tax credit, have shifted the competitive landscape, favoring domestic renewable diesel producers like DAR. Read the full article on Seeking Alpha
UTZ
US$14.06
Utz Brands
7D
89.7%
1Y
-3.0%
ADM
US$87.32
Archer-Daniels-Midland
7D
6.1%
1Y
55.3%
SMPL
US$10.53
Simply Good Foods
7D
-11.4%
1Y
-67.7%
Narrative Update • Jul 20

SMPL: Turnaround Execution And Cash Returns Will Drive Future Upside Potential

Analysts have trimmed the fair value estimate for Simply Good Foods to $14.88 from $17.33, reflecting lower revenue growth assumptions, a reduced future P/E multiple, and only modestly higher profit margin expectations. This is in line with recent price target resets around $14 and more tempered views on the pace of the company’s recovery.
JBSS
US$80.32
John B. Sanfilippo & Son
7D
-3.5%
1Y
16.0%
GIS
US$36.91
General Mills
7D
-0.8%
1Y
-28.0%
Narrative Update • Jul 17

GIS: Fiscal 2027 Cost Inflation Risk Will Pressure Earnings Profile

Analysts have trimmed their fair value estimate for General Mills to $31.00 from $35.00, reflecting higher discount rate assumptions and more cautious long term valuation multiples, even as recent research highlights better than feared earnings, margin resilience, and a mix of upward and downward revisions to Street price targets clustered around the low to mid $30s. Analyst Commentary Street research on General Mills has turned more mixed, with several firms adjusting price targets and ratings around recent earnings and the fiscal 2027 outlook.
TSN
US$57.06
Tyson Foods
7D
-0.7%
1Y
4.9%
Narrative Update • Jul 15

TSN: Protein Mix And Beef Headwinds Will Shape Balanced Earnings Outlook

The analyst fair value estimate for Tyson Foods has been trimmed by $2 to $56, reflecting lower modeled revenue growth and profit margins as analysts weigh Beef segment pressure against solid Chicken performance and mixed price target revisions across the Street. Analyst Commentary Street research on Tyson Foods reflects a cautious but divided backdrop, with several bearish analysts trimming price targets on the stock even as others see support from the Chicken business and diversified protein exposure.
MDLZ
US$60.86
Mondelez International
7D
3.6%
1Y
-13.3%
BG
US$123.88
Bunge Global
7D
7.1%
1Y
58.5%
Narrative Update • Jul 15

BG: Fair Outlook Balances Viterra Integration Benefits And Margin Improvement Expectations

Analysts have lifted their price target for Bunge Global to $121.60 from $93.50, citing updated assumptions that combine more modest revenue growth expectations with higher projected profit margins and a lower future P/E multiple. What’s in the News for Bunge Global Bunge Global received a Zacks Rank #2 (Buy) rating after full-year earnings estimates were raised by 17.4% over the past three months, with the stock return of about 27.6% year to date compared with 5.9% for the Basic Materials sector, according to Zacks.
AVO
US$12.65
Mission Produce
7D
-4.5%
1Y
2.1%
OFRM
US$16.19
Once Upon A Farm PBC
7D
-8.8%
1Y
n/a
Narrative Update • Jul 10

OFRM: Index Additions And Raised Guidance Will Support Future Re-Rating

Analysts have reduced their fair value estimate for Once Upon A Farm PBC by $2.75 to $24.38, reflecting lower target P/E assumptions and updated views on risk, in line with recent price target cuts reported by TD Cowen and Barclays. Analyst Commentary Recent research on Once Upon A Farm PBC points to a more cautious stance on valuation, but analysts still highlight several factors that could support the story over time if execution lines up with expectations.
MAMA
US$17.22
Mama's Creations
7D
-4.4%
1Y
82.8%
SEB
US$4,618.02
Seaboard
7D
-1.0%
1Y
49.1%
SFD
US$26.44
Smithfield Foods
7D
6.8%
1Y
10.5%
Narrative Update • Jun 26

SFD: Antitrust Overhang Will Be Outweighed By Branded Pork Expansion

Analysts have raised their price target for Smithfield Foods to $31.36 from $29.36, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E in their models. What’s in the News for Smithfield Foods Smithfield Foods is identified as one of several defendants in an ongoing federal antitrust class action involving alleged pork price fixing affecting commercial and institutional indirect purchasers in the United States, with Tyson Foods agreeing to a US$48,000,000 settlement while litigation continues against remaining defendants, including Smithfield Foods.