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U.S. Food Industry Analysis

UpdatedJul 03, 2026
DataAggregated Company Financials
Companies138
  • 7D2.2%
  • 3M-2.2%
  • 1Y-6.9%
  • YTD3.4%

Over the last 7 days, the Food industry has remained flat, although notably Kraft Heinz gained 8.1%. Unfortunately though, the industry is down 8.5% over the past 12 months. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Jul 2026US$402.3bUS$571.6bUS$9.1b17x44.2x0.7x
Sun, 31 May 2026US$403.9bUS$571.1bUS$10.3b18.5x39.3x0.7x
Tue, 28 Apr 2026US$406.5bUS$557.8bUS$9.9b20.9x41.1x0.7x
Thu, 26 Mar 2026US$402.8bUS$556.2bUS$9.8b20.7x41x0.7x
Sat, 21 Feb 2026US$429.0bUS$556.2bUS$10.0b24.6x43x0.8x
Mon, 19 Jan 2026US$403.4bUS$555.7bUS$14.4b21.3x28.1x0.7x
Wed, 17 Dec 2025US$397.4bUS$558.1bUS$15.8b19.9x25.2x0.7x
Fri, 14 Nov 2025US$420.6bUS$570.3bUS$17.3b18.5x24.3x0.7x
Sun, 12 Oct 2025US$431.9bUS$550.8bUS$16.1b17.7x26.8x0.8x
Tue, 09 Sep 2025US$449.3bUS$555.1bUS$16.1b19.5x27.8x0.8x
Thu, 07 Aug 2025US$449.2bUS$550.1bUS$16.1b20.6x27.9x0.8x
Sat, 05 Jul 2025US$460.0bUS$549.7bUS$23.2b20.1x19.8x0.8x
Mon, 02 Jun 2025US$433.3bUS$468.1bUS$22.5b19.5x19.2x0.9x
Wed, 30 Apr 2025US$435.4bUS$472.2bUS$24.8b17.5x17.5x0.9x
Fri, 28 Mar 2025US$446.2bUS$470.9bUS$24.6b18x18.1x0.9x
Sun, 23 Feb 2025US$451.2bUS$475.9bUS$25.8b19.7x17.5x0.9x
Tue, 21 Jan 2025US$429.3bUS$464.1bUS$21.8b20.2x19.7x0.9x
Thu, 19 Dec 2024US$460.4bUS$464.4bUS$21.6b19.3x21.3x1x
Sat, 16 Nov 2024US$465.9bUS$460.8bUS$22.5b17.6x20.7x1x
Mon, 14 Oct 2024US$484.2bUS$462.1bUS$22.6b18.2x21.4x1x
Wed, 11 Sep 2024US$503.4bUS$461.4bUS$22.3b21.6x22.6x1.1x
Fri, 09 Aug 2024US$477.5bUS$460.9bUS$22.2b18.8x21.5x1x
Sun, 07 Jul 2024US$458.2bUS$473.4bUS$25.1b15.7x18.3x1x
Tue, 04 Jun 2024US$477.6bUS$474.1bUS$24.3b15.2x19.6x1x
Thu, 02 May 2024US$484.0bUS$473.5bUS$23.5b15.6x20.6x1x
Sat, 30 Mar 2024US$488.3bUS$473.0bUS$24.9b15.6x19.6x1x
Mon, 26 Feb 2024US$474.3bUS$478.2bUS$24.9b14.9x19.1x1x
Wed, 24 Jan 2024US$479.2bUS$489.9bUS$25.4b15.9x18.8x1x
Fri, 22 Dec 2023US$481.6bUS$490.0bUS$25.5b16.5x18.9x1x
Sun, 19 Nov 2023US$479.5bUS$490.1bUS$25.6b15.7x18.7x1x
Tue, 17 Oct 2023US$457.8bUS$494.5bUS$26.4b17x17.4x0.9x
Thu, 14 Sep 2023US$505.6bUS$491.1bUS$26.4b18.8x19.2x1x
Sat, 12 Aug 2023US$536.6bUS$490.9bUS$26.3b16.6x20.4x1.1x
Mon, 10 Jul 2023US$536.0bUS$494.1bUS$26.3b17.1x20.4x1.1x
Price to Earnings Ratio

20.4x


Total Market Cap: US$536.0bTotal Earnings: US$26.3bTotal Revenue: US$494.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Food Industry Price to Earnings3Y Average 23.5x202420252026
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 34.3x which is higher than its 3-year average PE of 23.5x.
  • 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 24% 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 Market1.38%
Consumer Staples0.46%
Food2.19%
Packaged Foods and Meats2.86%
Agricultural Products-0.31%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 25.6x.
    • Analysts are expecting annual earnings growth of 20.9%, which is higher than its past year's earnings decline of 14.7% 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 16.6x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 25% 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 21% 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
KHC Kraft HeinzUS$25.378.1%
+US$2.3b		-4.8%PS1.2x
MKC McCormickUS$53.4510.5%
+US$1.4b		-28.9%PE8.9x
GIS General MillsUS$37.576.1%
+US$1.2b		-29.3%PS1.1x
HSY HersheyUS$182.143.1%
+US$1.1b		3.2%PE33.8x
DAR Darling IngredientsUS$56.536.5%
+US$548.3m		43.3%PE40.2x

Latest News

GIS
US$37.57
General Mills
7D
6.1%
1Y
-29.3%
MKC
US$53.45
McCormick
7D
10.5%
1Y
-28.9%
PPC
US$28.76
Pilgrim's Pride
7D
7.4%
1Y
-37.3%
SJM
US$116.28
J. M. Smucker
7D
3.4%
1Y
11.7%
KHC
US$25.37
Kraft Heinz
7D
8.1%
1Y
-4.8%
Narrative Update • Jul 01

KHC: Heavier Brand Spending And Inflation Will Pressure Margins And Drive Repricing

The analyst price target for Kraft Heinz has been raised by $2 to reflect updated fair value assumptions, supported by recent Street research that highlights both ongoing investment in brands and operations, as well as concerns about cost inflation and earnings durability. Analyst Commentary Recent Street research on Kraft Heinz reflects a mixed picture, with some firms lifting price targets while others flag risks around margins, leverage, and the pace of earnings progress.
MAMA
US$18.68
Mama's Creations
7D
-6.3%
1Y
107.8%
FAMI
US$0.19
Farmmi
7D
-84.8%
1Y
-89.1%
BG
US$106.46
Bunge Global
7D
-4.6%
1Y
35.7%
Narrative Update • Jul 01

BG: Higher Margins And Completed Buyback Will Support Future Upside

Analysts have nudged their price target for Bunge Global to $150 from $145, citing updated assumptions on revenue growth, profit margins, discount rate, and future P/E that collectively reshape their valuation view on the stock. What's in the News Bunge Global reported that from March 10, 2026 to March 31, 2026, it repurchased 0 shares for $0 million, and stated that this completed the buyback announced on March 10, 2026.
HSY
US$182.14
Hershey
7D
3.1%
1Y
3.2%
Narrative Update • Jun 30

HSY: Confection Recovery And Easing Cocoa Costs Will Support Future Earnings Resilience

The analyst price target for Hershey has been trimmed by about $11 to reflect slightly lower fair value estimates, a modestly higher discount rate, and more cautious assumptions on revenue growth, profit margins, and future P/E multiples. Recent research points to softer scanner data and freight pressure in salty snacks, even as some analysts remain constructive on the confection category heading into the second half of 2026.
TSN
US$58.89
Tyson Foods
7D
1.9%
1Y
2.7%
Narrative Update • Jun 30

TSN: Chicken Margins And Sales Momentum Will Support Future Earnings Power

Analysts have nudged their fair value estimate for Tyson Foods higher to $81 from $78, reflecting updated views on the stock's earnings profile, including expectations for a different margin mix and a lower future P/E multiple, supported by recent price target revisions and broader Street commentary. Analyst Commentary Recent Street research around Tyson Foods points to a generally constructive backdrop, with several bullish analysts adjusting price targets and ratings as they reassess the company’s earnings mix and valuation framework.
WEST
US$7.06
Westrock Coffee
7D
-27.4%
1Y
10.1%
Seeking Alpha • Jun 30

Westrock Coffee: It's Not Too Late To Invest

Summary Westrock Coffee Company has had high volatility in the past few years, as the company's earnings have disappointed market expectations. WEST targets a shift to higher-value product categories to grow sales and margins. The massive Conway facility's ramp-up and WEST's Palantir partnership create an attractive turnaround case. WEST stock discounts the company's earnings potential. I estimate 39% upside to $11.4. Read the full article on Seeking Alpha
HRL
US$25.00
Hormel Foods
7D
-3.9%
1Y
-18.0%
DMC
US$28.22
Del Monte
7D
-0.6%
1Y
-14.8%
DAR
US$56.53
Darling Ingredients
7D
6.5%
1Y
43.3%
Narrative Update • Jun 29

DAR: Renewable Diesel Policy Support Expected To Drive Higher Margin Opportunities

Analysts have trimmed their average price target on Darling Ingredients to $61.22 from $70.00. This reflects updated assumptions around fair value, future P/E and profitability, while still citing supportive biofuel policy trends and higher margin opportunities, alongside commodity and execution risks.
SEB
US$4,337.15
Seaboard
7D
-8.4%
1Y
43.9%
BRCC
US$1.21
BRC
7D
-4.0%
1Y
-23.9%
Narrative Update • Jun 18

BRCC: Honeywell PSS Deal Comps And Reverse Split Plan Will Drive Repricing

Analysts have kept their BRC stock price target steady at $2.50, citing unchanged fair value estimates despite updated work on discount rates, revenue growth, and profit margin assumptions influenced by recent sector readthroughs such as the Honeywell transaction commentary. What's in the News for BRC Bloomberg reports that Honeywell is close to a deal to sell its Personal Safety Systems (PSS) unit for US$1.4b to Brady, signaling sector-level portfolio moves that investors often compare with BRC.