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U.S. Food Industry Analysis

UpdatedSep 07, 2025
DataAggregated Company Financials
Companies145
  • 7D0.01%
  • 3M0.7%
  • 1Y-15.2%
  • YTD-3.0%

Over the last 7 days, the Food industry has remained flat. Unfortunately though, the industry is down 15% over the past 12 months. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 07 Sep 2025US$444.4bUS$555.1bUS$16.1b19.7x27.5x0.8x
Tue, 05 Aug 2025US$447.3bUS$550.5bUS$16.4b20.8x27.3x0.8x
Thu, 03 Jul 2025US$454.5bUS$549.8bUS$23.2b20.2x19.6x0.8x
Sat, 31 May 2025US$433.2bUS$468.1bUS$22.5b19.5x19.2x0.9x
Mon, 28 Apr 2025US$438.4bUS$472.2bUS$24.8b18.4x17.7x0.9x
Wed, 26 Mar 2025US$439.8bUS$471.5bUS$24.7b17.1x17.8x0.9x
Fri, 21 Feb 2025US$438.1bUS$476.0bUS$25.8b19.5x17x0.9x
Sun, 19 Jan 2025US$429.3bUS$464.1bUS$21.8b20.2x19.7x0.9x
Tue, 17 Dec 2024US$465.2bUS$464.4bUS$21.6b20.5x21.5x1x
Thu, 14 Nov 2024US$469.6bUS$460.7bUS$22.6b18.5x20.8x1x
Sat, 12 Oct 2024US$484.0bUS$462.1bUS$22.6b18.2x21.4x1x
Mon, 09 Sep 2024US$501.9bUS$461.4bUS$22.3b20.7x22.5x1.1x
Wed, 07 Aug 2024US$475.3bUS$461.7bUS$22.2b18.6x21.4x1x
Fri, 05 Jul 2024US$458.2bUS$473.4bUS$25.1b15.6x18.3x1x
Sun, 02 Jun 2024US$477.6bUS$474.0bUS$24.3b16.3x19.6x1x
Tue, 30 Apr 2024US$483.0bUS$475.9bUS$24.5b16.5x19.7x1x
Thu, 28 Mar 2024US$487.1bUS$473.0bUS$24.8b15.5x19.7x1x
Sat, 24 Feb 2024US$474.2bUS$478.2bUS$24.9b14.9x19.1x1x
Mon, 22 Jan 2024US$489.0bUS$489.9bUS$25.4b15.7x19.2x1x
Wed, 20 Dec 2023US$493.4bUS$490.1bUS$25.5b16.8x19.4x1x
Fri, 17 Nov 2023US$479.2bUS$490.1bUS$25.6b15.9x18.7x1x
Sun, 15 Oct 2023US$453.6bUS$494.5bUS$26.4b16.7x17.2x0.9x
Tue, 12 Sep 2023US$508.8bUS$491.3bUS$26.4b19x19.3x1x
Thu, 10 Aug 2023US$535.9bUS$490.9bUS$26.4b17.5x20.3x1.1x
Sat, 08 Jul 2023US$536.0bUS$494.1bUS$26.3b17.1x20.4x1.1x
Mon, 05 Jun 2023US$557.5bUS$499.1bUS$27.6b18.3x20.2x1.1x
Wed, 03 May 2023US$578.4bUS$497.7bUS$29.3b18.7x19.7x1.2x
Fri, 31 Mar 2023US$556.6bUS$495.0bUS$28.0b17.9x19.8x1.1x
Sun, 26 Feb 2023US$549.9bUS$492.4bUS$27.9b18.5x19.7x1.1x
Tue, 24 Jan 2023US$543.5bUS$486.7bUS$28.1b17.8x19.4x1.1x
Thu, 22 Dec 2022US$563.2bUS$485.5bUS$27.7b17.6x20.3x1.2x
Sat, 19 Nov 2022US$557.6bUS$484.9bUS$27.7b19.8x20.1x1.1x
Mon, 17 Oct 2022US$518.1bUS$472.5bUS$29.0b18.7x17.9x1.1x
Wed, 14 Sep 2022US$545.4bUS$471.6bUS$28.8b19.3x18.9x1.2x
Price to Earnings Ratio

18.9x


Total Market Cap: US$545.4bTotal Earnings: US$28.8bTotal Revenue: US$471.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Food Industry Price to Earnings3Y Average 19.9x202320242025
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 27.5x which is higher than its 3-year average PE of 19.9x.
  • The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.80x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 18% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.6% 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 Market0.43%
Consumer Staples0.91%
Food0.013%
Packaged Foods and Meats0.094%
Agricultural Products-0.47%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 22.0x.
    • Analysts are expecting annual earnings growth of 15.8%, which is higher than its past year's earnings growth of 3.1% 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 12.8x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings growth rate of 3.1% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings grow by 14% 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
GIS General MillsUS$50.582.5%
+US$668.4m		-32.6%PE11.8x
CPB Campbell'sUS$34.036.6%
+US$626.1m		-34.4%PE16.9x
MDLZ Mondelez InternationalUS$61.740.5%
+US$388.2m		-18.0%PE21.9x
HSY HersheyUS$185.480.9%
+US$350.7m		-7.2%PE24.6x
SJM J. M. SmuckerUS$112.511.8%
+US$213.4m		-6.5%PS1.4x

Latest News

SFD
US$23.81
Smithfield Foods
7D
-6.4%
1Y
n/a
GIS
US$50.58
General Mills
7D
2.5%
1Y
-32.6%
CPB
US$34.03
Campbell's
7D
6.6%
1Y
-34.4%

Consumer Preferences And Operational Efficiency Will Build Future Resilience

Analysts remain cautious on Campbell's due to ongoing weakness in core volumes, snack portfolio pressures, and rising costs—including EU tariffs—leading to subdued earnings expectations and a fair value estimate unchanged at $34.32. Analyst Commentary Analysts are cautious on Campbell's due to ongoing weak volume trends in core categories, especially in Meals & Beverage.
KHC
US$27.29
Kraft Heinz
7D
-2.4%
1Y
-23.9%

Emerging Markets And E-Commerce Will Fuel Future Upside

Analyst price targets for Kraft Heinz remain unchanged at $29.82 as the planned split into two public companies raises uncertainty around long-term growth, value creation, and weak fundamentals, keeping valuations subdued. Analyst Commentary Announcement of Kraft Heinz's planned split into two publicly traded companies has raised investor uncertainty regarding potential value creation versus value destruction, with debate fueled by Berkshire Hathaway’s public disappointment and lack of a shareholder vote.
DOLE
US$13.56
Dole
7D
-7.9%
1Y
-14.9%

Fresh Produce Demand And Supply Chain Optimization Will Drive Success

With analyst reasoning unavailable, both consensus revenue growth and net profit margin forecasts for Dole remained stable, resulting in no change to the analyst price target, which stays at $17.83. What's in the News Dole plc filed a follow-on equity offering for 11,917,263 ordinary shares of common stock.
NOMD
US$14.71
Nomad Foods
7D
-5.3%
1Y
-22.6%
MDLZ
US$61.74
Mondelez International
7D
0.5%
1Y
-18.0%
TSN
US$56.20
Tyson Foods
7D
-1.0%
1Y
-14.7%
ADM
US$62.94
Archer-Daniels-Midland
7D
0.5%
1Y
5.8%
POST
US$108.29
Post Holdings
7D
-4.3%
1Y
-6.6%
SJM
US$112.51
J. M. Smucker
7D
1.8%
1Y
-6.5%
K
US$79.87
Kellanova
7D
0.5%
1Y
-0.3%
DAR
US$32.04
Darling Ingredients
7D
-5.7%
1Y
-12.8%

US Renewable Mandates And Specialty Ingredients Will Power Market Evolution

Analysts have lowered Darling Ingredients’ price target to $46.17 due to persistent sector-wide headwinds—including sluggish food producer growth, uncertainty around biofuels regulation, and inflation favoring retailers—leading to a more selective and cautious outlook on near-term performance. Analyst Commentary Lowered price target reflects ongoing headwinds in food producer growth, notably slower center-store category performance and market share losses.
HSY
US$185.48
Hershey
7D
0.9%
1Y
-7.2%

Tariff Mitigation And New Reese's Product Will Create Opportunity

Analysts have raised Hershey’s price target to $184.64, citing strong Q2 results, improved long-term EPS guidance, robust category trends, and positive reaction to pricing and innovation initiatives, though some remain cautious on sector fundamentals and the incoming CEO’s limited public company track record. Analyst Commentary Bullish analysts increased price targets following Hershey's better-than-expected Q2 results, improved FY25 and FY26 adjusted EPS guidance, and the company's implementation of full-year tariffs.
JBS
US$16.07
JBS
7D
-0.9%
1Y
n/a
MKC
US$70.91
McCormick
7D
0.8%
1Y
-14.4%