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U.S. Food Industry Analysis

UpdatedDec 23, 2025
DataAggregated Company Financials
Companies148
  • 7D-1.5%
  • 3M-5.6%
  • 1Y-12.3%
  • YTD-11.2%

Over the last 7 days, the Food industry has dropped 1.5%, driven by a pullback from Lamb Weston Holdings of 28%. The industry has fallen 12% in the last year. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Dec 2025US$394.0bUS$557.5bUS$14.5b19.8x27.1x0.7x
Fri, 21 Nov 2025US$420.4bUS$573.3bUS$17.1b19.4x24.5x0.7x
Sun, 19 Oct 2025US$439.0bUS$551.9bUS$16.3b17.9x27x0.8x
Tue, 16 Sep 2025US$442.8bUS$556.6bUS$15.9b18.1x27.8x0.8x
Thu, 14 Aug 2025US$448.9bUS$551.8bUS$16.0b20.9x28x0.8x
Sat, 12 Jul 2025US$447.2bUS$548.0bUS$23.2b19.9x19.3x0.8x
Mon, 09 Jun 2025US$429.3bUS$468.3bUS$22.4b20.3x19.1x0.9x
Wed, 07 May 2025US$435.9bUS$470.0bUS$22.8b18.9x19.1x0.9x
Fri, 04 Apr 2025US$448.5bUS$471.4bUS$24.5b17.5x18.3x1x
Sun, 02 Mar 2025US$448.6bUS$476.0bUS$24.8b18x18.1x0.9x
Tue, 28 Jan 2025US$430.5bUS$464.3bUS$21.8b20.9x19.8x0.9x
Thu, 26 Dec 2024US$446.2bUS$464.4bUS$21.6b20.3x20.7x1x
Sat, 23 Nov 2024US$465.7bUS$459.1bUS$21.4b19.6x21.7x1x
Mon, 21 Oct 2024US$488.5bUS$462.1bUS$22.6b18.3x21.6x1.1x
Wed, 18 Sep 2024US$501.4bUS$461.6bUS$22.3b19.9x22.5x1.1x
Fri, 16 Aug 2024US$486.9bUS$461.0bUS$22.2b19.8x22x1.1x
Sun, 14 Jul 2024US$460.0bUS$473.5bUS$24.5b17.2x18.8x1x
Tue, 11 Jun 2024US$465.0bUS$473.7bUS$25.1b14.8x18.5x1x
Thu, 09 May 2024US$485.5bUS$474.0bUS$24.3b15.7x20x1x
Sat, 06 Apr 2024US$482.4bUS$472.8bUS$24.8b15.8x19.5x1x
Mon, 04 Mar 2024US$471.7bUS$477.0bUS$24.9b14.9x18.9x1x
Wed, 31 Jan 2024US$489.8bUS$490.0bUS$25.5b16x19.2x1x
Fri, 29 Dec 2023US$493.1bUS$490.0bUS$25.5b16.6x19.3x1x
Sun, 26 Nov 2023US$484.7bUS$490.5bUS$25.6b16.1x18.9x1x
Tue, 24 Oct 2023US$452.6bUS$494.5bUS$26.4b16.4x17.2x0.9x
Thu, 21 Sep 2023US$507.3bUS$491.1bUS$26.4b18.5x19.2x1x
Sat, 19 Aug 2023US$519.9bUS$491.1bUS$26.4b16.3x19.7x1.1x
Mon, 17 Jul 2023US$537.7bUS$494.2bUS$26.2b17.1x20.5x1.1x
Wed, 14 Jun 2023US$550.8bUS$499.3bUS$26.7b16.9x20.6x1.1x
Fri, 12 May 2023US$579.0bUS$499.1bUS$27.7b18.9x20.9x1.2x
Sun, 09 Apr 2023US$564.6bUS$495.5bUS$28.2b18.2x20x1.1x
Tue, 07 Mar 2023US$543.1bUS$493.3bUS$28.1b17.7x19.3x1.1x
Thu, 02 Feb 2023US$551.5bUS$491.0bUS$27.9b18.6x19.8x1.1x
Sat, 31 Dec 2022US$561.8bUS$485.6bUS$27.6b18x20.3x1.2x
Price to Earnings Ratio

20.3x


Total Market Cap: US$561.8bTotal Earnings: US$27.6bTotal Revenue: US$485.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Food Industry Price to Earnings3Y Average 20.5x202320242025
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 27.1x which is higher than its 3-year average PE of 20.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.98x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 19% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.7% 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 Market0.99%
Consumer Staples-1.76%
Food-1.52%
Packaged Foods and Meats-1.14%
Agricultural Products-3.51%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 22.7x.
    • Analysts are expecting annual earnings growth of 17.3%, which is higher than its past year's earnings growth of 2.7% 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 13.3x.
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 growth rate of 2.9% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 17% 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
JBS JBSUS$14.471.7%
+US$266.2m		n/aPE7.8x
GIS General MillsUS$47.400.7%
+US$189.2m		-25.4%PE10x
MKC McCormickUS$68.920.7%
+US$126.1m		-11.8%PE23.8x
POST Post HoldingsUS$101.002.2%
+US$114.2m		-11.8%PE15.7x
CPB Campbell'sUS$28.551.0%
+US$83.5m		-31.1%PE14.7x

Latest News

LW
US$42.80
Lamb Weston Holdings
7D
-28.0%
1Y
-33.0%

Take Care Before Jumping Onto Lamb Weston Holdings, Inc. (NYSE:LW) Even Though It's 26% Cheaper

Dec 23
Take Care Before Jumping Onto Lamb Weston Holdings, Inc. (NYSE:LW) Even Though It's 26% Cheaper
MKC
US$68.92
McCormick
7D
0.7%
1Y
-11.8%
POST
US$101.00
Post Holdings
7D
2.2%
1Y
-11.8%
CPB
US$28.55
Campbell's
7D
1.0%
1Y
-31.1%

CPB Will Navigate Governance Setback While Maintaining Modest Earnings Outlook

Analysts have trimmed their price target on Campbell's from 29 dollars to 26 dollars, citing a slightly less negative revenue growth outlook, improved profit margin expectations, and a lower anticipated future P/E multiple. Together, these factors point to a more conservative valuation framework.
CAG
US$17.26
Conagra Brands
7D
-3.8%
1Y
-37.3%
SMPL
US$19.66
Simply Good Foods
7D
1.9%
1Y
-48.4%

SMPL: Share Repurchases And Margin Strength Will Support Future Upside

Analysts have modestly reduced their price target on Simply Good Foods, trimming fair value estimates by about $0.30 to $29.40 as they factor in slightly softer revenue growth expectations, while this is offset by a marginally improved profit margin outlook amid what they describe as another dynamic earnings season for U.S. consumer staples. Analyst Commentary Analysts remain divided on the outlook for Simply Good Foods, with recent price target revisions reflecting a more balanced assessment of the company’s growth prospects and execution risks.
GIS
US$47.40
General Mills
7D
0.7%
1Y
-25.4%
TSN
US$58.64
Tyson Foods
7D
-1.5%
1Y
1.4%
HRL
US$24.12
Hormel Foods
7D
0.5%
1Y
-23.5%
BG
US$89.79
Bunge Global
7D
-3.0%
1Y
13.6%

Bunge Global (NYSE:BG) Has Announced A Dividend Of $0.70

Dec 17
Bunge Global (NYSE:BG) Has Announced A Dividend Of $0.70
KHC
US$24.15
Kraft Heinz
7D
-1.4%
1Y
-20.7%
HSY
US$186.38
Hershey
7D
-0.9%
1Y
10.3%

HSY: Future Tariff Relief Will Not Fully Offset Margin And Demand Risks

Analysts have raised their fair value estimate for Hershey to approximately $151 from about $126, citing higher long term margin expectations, modestly richer forward valuation multiples, and tariff relief that should offset slower projected revenue growth and a slightly higher discount rate. Analyst Commentary Recent Street research reflects a more balanced, but still cautious, stance on Hershey, with several Bearish analysts trimming price targets or maintaining neutral ratings despite operational resilience.
MDLZ
US$54.31
Mondelez International
7D
0.09%
1Y
-8.4%

MDLZ: AI Cost Cuts Will Support Future Margin Expansion Despite Demand Headwinds

Analysts have modestly reduced their price targets on Mondelez International, trimming the equity fair value estimate by about $0.17 per share to reflect slightly lower long term growth and earnings expectations amid softer consumer demand and a recalibration of valuation multiples. Analyst Commentary Street research reflects a generally cautious but still constructive stance on Mondelez, with most firms trimming price targets while maintaining ratings that range from Neutral to positive.
ADM
US$57.85
Archer-Daniels-Midland
7D
-3.9%
1Y
14.8%
SJM
US$99.15
J. M. Smucker
7D
-2.5%
1Y
-10.8%
JBS
US$14.47
JBS
7D
1.7%
1Y
n/a