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U.S. Food Industry Analysis

UpdatedJun 03, 2026
DataAggregated Company Financials
Companies140
  • 7D-0.6%
  • 3M-7.7%
  • 1Y-7.4%
  • YTD1.3%

Last week, the Food industry hasn't moved much but Archer-Daniels-Midland is up 5.7% in that time. Unfortunately though, the industry is down 7.4% over the past 12 months. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 03 Jun 2026US$403.7bUS$571.1bUS$10.3b18.1x39.3x0.7x
Fri, 01 May 2026US$409.1bUS$568.9bUS$9.8b21x42x0.7x
Sun, 29 Mar 2026US$410.4bUS$558.2bUS$9.8b19.9x42x0.7x
Tue, 24 Feb 2026US$429.5bUS$556.2bUS$10.0b24.3x43x0.8x
Thu, 22 Jan 2026US$407.9bUS$555.8bUS$14.4b21.6x28.4x0.7x
Sat, 20 Dec 2025US$397.6bUS$557.7bUS$15.5b19.4x25.7x0.7x
Mon, 17 Nov 2025US$422.0bUS$572.7bUS$17.2b18.5x24.6x0.7x
Wed, 15 Oct 2025US$428.9bUS$551.3bUS$16.1b18.3x26.6x0.8x
Fri, 12 Sep 2025US$443.5bUS$555.5bUS$16.2b19.2x27.5x0.8x
Sun, 10 Aug 2025US$451.3bUS$550.6bUS$16.1b20.4x28.1x0.8x
Tue, 08 Jul 2025US$460.0bUS$548.9bUS$23.2b19.8x19.8x0.8x
Thu, 05 Jun 2025US$432.0bUS$468.3bUS$22.4b19.2x19.2x0.9x
Sat, 03 May 2025US$437.7bUS$471.7bUS$23.5b19.1x18.6x0.9x
Mon, 31 Mar 2025US$450.8bUS$470.9bUS$24.6b17.7x18.3x1x
Wed, 26 Feb 2025US$454.0bUS$476.0bUS$25.9b19x17.5x1x
Fri, 24 Jan 2025US$425.2bUS$464.2bUS$21.8b20x19.5x0.9x
Sun, 22 Dec 2024US$444.4bUS$464.5bUS$21.6b19.8x20.6x1x
Tue, 19 Nov 2024US$458.5bUS$460.8bUS$22.3b19.2x20.6x1x
Thu, 17 Oct 2024US$489.4bUS$462.1bUS$22.6b18.7x21.6x1.1x
Sat, 14 Sep 2024US$494.9bUS$461.5bUS$22.3b21x22.2x1.1x
Mon, 12 Aug 2024US$481.1bUS$461.0bUS$22.2b18.6x21.7x1x
Wed, 10 Jul 2024US$457.5bUS$473.4bUS$25.1b15.7x18.2x1x
Fri, 07 Jun 2024US$470.5bUS$473.9bUS$24.2b14.9x19.4x1x
Sun, 05 May 2024US$481.9bUS$474.2bUS$24.0b15.7x20.1x1x
Tue, 02 Apr 2024US$488.3bUS$472.9bUS$25.0b15.8x19.5x1x
Thu, 29 Feb 2024US$470.9bUS$478.5bUS$24.9b15x18.9x1x
Sat, 27 Jan 2024US$484.8bUS$490.0bUS$25.5b16x19x1x
Mon, 25 Dec 2023US$489.0bUS$490.0bUS$25.5b16.7x19.2x1x
Wed, 22 Nov 2023US$480.1bUS$490.5bUS$25.6b16.3x18.8x1x
Fri, 20 Oct 2023US$457.6bUS$494.5bUS$26.4b16.8x17.4x0.9x
Sun, 17 Sep 2023US$509.2bUS$491.1bUS$26.4b18.8x19.3x1x
Tue, 15 Aug 2023US$534.1bUS$490.9bUS$26.3b16.6x20.3x1.1x
Thu, 13 Jul 2023US$536.2bUS$494.1bUS$26.3b17.2x20.4x1.1x
Sat, 10 Jun 2023US$550.9bUS$499.2bUS$26.7b17.3x20.6x1.1x
Price to Earnings Ratio

20.6x


Total Market Cap: US$550.9bTotal Earnings: US$26.7bTotal Revenue: US$499.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Food Industry Price to Earnings3Y Average 23.1x202420252026
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 39.3x which is higher than its 3-year average PE of 23.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.92x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 27% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.6% 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 Market1.22%
Consumer Staples-2.72%
Food-0.55%
Agricultural Products3.52%
Packaged Foods and Meats-1.71%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 25.3x.
    • Analysts are expecting annual earnings growth of 20.3%, which is higher than its past year's earnings decline of 16.1% 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 16.0x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 6.8% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 20% 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
ADM Archer-Daniels-MidlandUS$82.465.7%
+US$2.1b		74.4%PE36.8x
BG Bunge GlobalUS$129.137.5%
+US$1.8b		69.3%PE36.5x
HRL Hormel FoodsUS$23.3511.8%
+US$1.4b		-24.3%PE27.5x
SEB SeaboardUS$5.25k7.0%
+US$328.8m		91.7%PE8.6x
CPB Campbell'sUS$20.994.3%
+US$256.4m		-38.7%PE11.4x

Latest News

CPB
US$20.99
Campbell's
7D
4.3%
1Y
-38.7%
Seeking Alpha • 9h

The Campbell's Company: Dividend Is Solid, Growth Is Not

Summary Campbell’s capital allocation has improved, with successful divestitures and the Rao’s acquisition, yet legacy brands remain a drag. Despite a safe dividend, CPB is unlikely to deliver both yield and capital appreciation; further share price declines are probable. The sector's weak sentiment and CPB's flat long-term share price reinforce that total return will be dominated by dividends, not growth. Read the full article on Seeking Alpha
KHC
US$23.33
Kraft Heinz
7D
-2.2%
1Y
-12.9%
BG
US$129.13
Bunge Global
7D
7.5%
1Y
69.3%
SMPL
US$11.81
Simply Good Foods
7D
3.6%
1Y
-65.8%
JBS
US$12.20
JBS
7D
-6.0%
1Y
n/a
JJSF
US$76.13
J&J Snack Foods
7D
2.3%
1Y
-33.9%
Narrative Update • Jun 02

JJSF: Project Apollo Savings And Buybacks Will Support Future P/E Upside

Analysts have trimmed their price target on J&J Snack Foods from $110 to $101.50, citing updated expectations for revenue growth, profit margins, and a slightly higher discount rate that also feeds into a lower assumed future P/E multiple. What's in the News J&J Snack Foods has materially completed its plant consolidation effort, closing three production facilities as part of its Project Apollo business transformation program.
MKC
US$46.15
McCormick
7D
-1.4%
1Y
-37.1%
DAR
US$60.34
Darling Ingredients
7D
1.7%
1Y
96.4%
Narrative Update • Jun 01

DAR: Higher EPA RFS Support Is Expected To Reframe Upside Potential

Analysts have lifted the price target for Darling Ingredients from $70 to $85, citing a series of recent target increases across major firms and updated assumptions on discount rate, profit margin, and future P/E expectations. Analyst Commentary Recent research points to a cluster of bullish analysts lifting their price targets on Darling Ingredients, reflecting more constructive views on the stock's risk reward profile.
HRL
US$23.35
Hormel Foods
7D
11.8%
1Y
-24.3%
Seeking Alpha • May 31

Hormel Foods' Dividend Yield Is Attractive As Profits Stabilize (Rating Upgrade)

Summary Hormel Foods Corporation reported positive Q2 results. Input cost inflation has weighed on HRL's margins, but retail segment earnings are finally stabilized in the report. A stabilizing earnings outlook makes HRL's dividend yield safer and more attractive. I estimate HRL stock to have 42% upside to $33.5. Read the full article on Seeking Alpha
TSN
US$59.59
Tyson Foods
7D
-8.5%
1Y
6.8%
HSY
US$184.09
Hershey
7D
-3.7%
1Y
12.9%
SJM
US$100.47
J. M. Smucker
7D
-1.8%
1Y
-10.7%
MDLZ
US$61.07
Mondelez International
7D
-0.3%
1Y
-8.9%
ADM
US$82.46
Archer-Daniels-Midland
7D
5.7%
1Y
74.4%
Narrative Update • May 26

ADM: Policy Support And Margin Assumptions Will Likely Keep Shares Fairly Valued

Analysts have lifted the average price target on Archer-Daniels-Midland by $9.19 to $74.10, citing updated assumptions around fair value, profit margin, and future P/E after a series of target increases from major research firms. Analyst Commentary Recent research updates on Archer-Daniels-Midland focus on refreshed fair value estimates, adjusted profit margin assumptions, and revised P/E expectations, with several firms updating their price targets in close succession.
POST
US$90.62
Post Holdings
7D
-5.5%
1Y
-17.0%
SEB
US$5,254.60
Seaboard
7D
7.0%
1Y
91.7%