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U.S. Packaged Foods and Meats Industry Analysis

UpdatedMay 20, 2026
DataAggregated Company Financials
Companies112
  • 7D-1.2%
  • 3M-10.8%
  • 1Y-14.8%
  • YTDn/a

The Packaged Foods and Meats industry has been flat over the last week, but JBS has lost 18%. As for the longer term, the industry has declined 14% in the last year. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

Has the U.S. Packaged Foods and Meats Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 20 May 2026US$314.6bUS$392.2bUS$7.7b18x40.6x0.8x
Fri, 17 Apr 2026US$317.2bUS$388.6bUS$7.4b20.9x42.8x0.8x
Sun, 15 Mar 2026US$322.9bUS$387.0bUS$7.5b22.7x43.1x0.8x
Tue, 10 Feb 2026US$357.2bUS$390.1bUS$8.9b22.8x40x0.9x
Thu, 08 Jan 2026US$317.4bUS$393.9bUS$11.4b20.1x27.9x0.8x
Sat, 06 Dec 2025US$360.1bUS$407.2bUS$13.9b21.8x25.9x0.9x
Mon, 03 Nov 2025US$353.1bUS$406.1bUS$14.7b18.7x24.1x0.9x
Wed, 01 Oct 2025US$376.1bUS$400.8bUS$13.4b21.4x28x0.9x
Fri, 29 Aug 2025US$387.5bUS$402.3bUS$13.0b21.3x29.9x1x
Sun, 27 Jul 2025US$404.4bUS$393.7bUS$21.1b21.4x19.1x1x
Tue, 24 Jun 2025US$393.8bUS$394.2bUS$20.4b21.3x19.3x1x
Thu, 22 May 2025US$383.5bUS$313.6bUS$19.5b20.2x19.7x1.2x
Sat, 19 Apr 2025US$395.0bUS$314.3bUS$21.2b20.7x18.7x1.3x
Mon, 17 Mar 2025US$391.2bUS$313.9bUS$20.6b18.9x19x1.2x
Wed, 12 Feb 2025US$380.8bUS$318.0bUS$20.3b19.8x18.8x1.2x
Fri, 10 Jan 2025US$380.4bUS$303.6bUS$18.1b20.7x21x1.3x
Sun, 08 Dec 2024US$406.5bUS$303.3bUS$17.9b22x22.7x1.3x
Tue, 05 Nov 2024US$416.3bUS$297.8bUS$17.2b18.9x24.3x1.4x
Thu, 03 Oct 2024US$434.7bUS$297.4bUS$17.5b21.4x24.8x1.5x
Sat, 31 Aug 2024US$427.1bUS$297.0bUS$17.3b21.8x24.6x1.4x
Mon, 29 Jul 2024US$404.7bUS$297.5bUS$17.9b20.1x22.6x1.4x
Wed, 26 Jun 2024US$406.3bUS$304.0bUS$19.2b18.1x21.2x1.3x
Fri, 24 May 2024US$425.7bUS$304.2bUS$18.4b18.4x23.1x1.4x
Sun, 21 Apr 2024US$414.1bUS$297.9bUS$17.9b20.6x23.2x1.4x
Tue, 19 Mar 2024US$415.3bUS$298.3bUS$17.8b19.4x23.3x1.4x
Thu, 15 Feb 2024US$407.5bUS$300.9bUS$17.8b19.8x22.8x1.4x
Sat, 13 Jan 2024US$426.4bUS$310.2bUS$18.7b19.6x22.8x1.4x
Mon, 11 Dec 2023US$415.1bUS$310.3bUS$18.8b19.4x22.1x1.3x
Wed, 08 Nov 2023US$400.4bUS$310.4bUS$19.8b20.1x20.2x1.3x
Fri, 06 Oct 2023US$397.8bUS$309.2bUS$19.5b20.2x20.4x1.3x
Sun, 03 Sep 2023US$428.2bUS$306.2bUS$19.6b21.1x21.9x1.4x
Tue, 01 Aug 2023US$462.6bUS$306.2bUS$20.0b19.1x23.2x1.5x
Thu, 29 Jun 2023US$464.5bUS$309.8bUS$20.0b19.6x23.2x1.5x
Sat, 27 May 2023US$481.5bUS$309.6bUS$21.0b20.5x22.9x1.6x
Price to Earnings Ratio

22.9x


Total Market Cap: US$481.5bTotal Earnings: US$21.0bTotal Revenue: US$309.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Packaged Foods and Meats Industry Price to Earnings3Y Average 25x202420252026
Current Industry PE
  • Investors are optimistic on the American Packaged Foods and Meats industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 40.0x which is higher than its 3-year average PE of 25.0x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.79x.
Past Earnings Growth
  • The earnings for companies in the Packaged Foods and Meats industry have declined 28% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.2% 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 Comparison

How does U.S. Packaged Foods and Meats compare with similar industries?

US Market-1.01%
Consumer Staples1.71%
Food-1.57%
Packaged Foods and Meats-1.22%
Agricultural Products-2.74%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SJM J. M. SmuckerUS$103.042.7%
+US$289.0m		-10.4%PS1.2x
SFD Smithfield FoodsUS$26.072.2%
+US$216.4m		12.1%PE10.2x
HSY HersheyUS$192.800.5%
+US$180.5m		23.8%PE35.7x
SEB SeaboardUS$4.81k3.7%
+US$164.1m		94.6%PE7.9x
NOMD Nomad FoodsUS$10.3011.8%
+US$152.4m		-42.9%PE9.3x

Latest News

HRL
US$20.40
Hormel Foods
7D
1.1%
1Y
-32.3%
MDLZ
US$61.29
Mondelez International
7D
-0.7%
1Y
-7.0%
Seeking Alpha • 3h

Mondelez: Profitability Normalization Creates A Major Opportunity (Rating Upgrade)

Summary I upgrade Mondelez (MDLZ) to a buy as profitability shows early signs of improvement and downside risk appears limited. Market sentiment is lagging behind as the overall impact on 2026 results is likely to be limited, but a medium to long-term opportunity exists. With pricing initiatives already in place, investors should also look for a potential stabilization of volumes through the rest of 2026. Read the full article on Seeking Alpha
MKC
US$47.25
McCormick
7D
0.9%
1Y
-36.3%
JBS
US$12.49
JBS
7D
-18.2%
1Y
n/a
NOMD
US$10.30
Nomad Foods
7D
11.8%
1Y
-42.9%
KHC
US$23.28
Kraft Heinz
7D
-0.4%
1Y
-16.6%
Narrative Update • May 19

KHC: Execution Risks On Margins And Volumes Will Drive Downside Repricing

Analysts have adjusted the Kraft Heinz price target slightly lower, with the fair value estimate moving from $18.00 to $17.00 as they factor in a higher discount rate, revised expectations for revenue trends, a higher projected profit margin, and a lower future P/E. Analyst Commentary Recent Street research on Kraft Heinz has been mixed, with some firms adjusting price targets higher and others trimming expectations.
FRPT
US$47.39
Freshpet
7D
-7.6%
1Y
-47.1%
Narrative Update • May 19

FRPT: Margin Expansion And Manufacturing Efficiencies Will Shape Post 2026 Expectations

Freshpet's updated analyst price target edges lower to $82.38 from $86.93, as analysts balance softer revenue growth assumptions, a slightly higher discount rate, and a lower future P/E with firmer margin expectations, following a mix of recent target cuts and upgrades across the Street. Analyst Commentary Street research on Freshpet has been active, with a mix of target raises, target cuts, and a few upgrades.
FLO
US$7.21
Flowers Foods
7D
-10.9%
1Y
-57.9%
HSY
US$192.80
Hershey
7D
0.5%
1Y
23.8%
Narrative Update • May 18

HSY: Cocoa Cost Relief And Recipe Reset Will Shape Demand Resilience

Hershey's updated analyst price target edges higher to $175.32 from $174.24, as analysts factor in slightly adjusted assumptions for revenue growth, profit margins, discount rates, and forward P/E multiples, following a mix of recent target cuts, a fresh upgrade, and several revised price objectives across the Street. Analyst Commentary Recent research on Hershey has leaned cautious, with several firms trimming price targets across a short window and only a handful raising their views.
SFD
US$26.07
Smithfield Foods
7D
2.2%
1Y
12.1%
SEB
US$4,811.30
Seaboard
7D
3.7%
1Y
94.6%
TSN
US$66.16
Tyson Foods
7D
-1.9%
1Y
16.6%
POST
US$97.69
Post Holdings
7D
-4.9%
1Y
-11.5%
LW
US$42.19
Lamb Weston Holdings
7D
1.9%
1Y
-21.7%
Narrative Update • May 14

LW: Activist Cost Cuts And Index Shift Will Support Undervalued Shares

The analyst price target for Lamb Weston Holdings has been reduced by approximately $8 to $46.36, as analysts factor in updated expectations for revenue growth, profit margins, and valuation multiples following a series of price target cuts across the Street. Analyst Commentary Recent Street research on Lamb Weston Holdings reflects a clear reset in expectations, with multiple firms lowering price targets and flagging both execution risks and valuation considerations.
SJM
US$103.04
J. M. Smucker
7D
2.7%
1Y
-10.4%
GIS
US$33.77
General Mills
7D
-1.1%
1Y
-38.4%
Narrative Update • May 11

GIS: Promotional Reset And Clean Label Shift Will Drive Gradual Rebound

Narrative Update The analyst price target for General Mills has been reduced by several firms across Wall Street, often by $2 to $8. Analysts are responding to slower than expected volume recovery, weaker consumer sentiment, higher promotional intensity, and updated company guidance through 2026.