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U.S. Food Industry Analysis

UpdatedAug 02, 2026
DataAggregated Company Financials
Companies133
  • 7D-0.07%
  • 3M-0.3%
  • 1Y-3.0%
  • YTD4.5%

The Food is pretty flat in the last 7 days, but JBS has stood out, gaining 14%. Unfortunately though, the industry is down 3.2% over the past 12 months. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 02 Aug 2026US$407.9bUS$583.2bUS$8.4b16.1x48.7x0.7x
Tue, 30 Jun 2026US$400.8bUS$571.6bUS$11.4b15.7x35.1x0.7x
Thu, 28 May 2026US$400.9bUS$571.6bUS$10.3b19.3x38.9x0.7x
Sat, 25 Apr 2026US$408.8bUS$557.8bUS$9.9b21.2x41.3x0.7x
Mon, 23 Mar 2026US$393.4bUS$555.9bUS$9.7b20.1x40.6x0.7x
Wed, 18 Feb 2026US$439.2bUS$556.2bUS$10.0b24.3x44.1x0.8x
Fri, 16 Jan 2026US$405.6bUS$555.7bUS$14.4b21.6x28.3x0.7x
Sun, 14 Dec 2025US$395.3bUS$558.1bUS$15.8b20.2x25.1x0.7x
Tue, 11 Nov 2025US$416.1bUS$569.9bUS$17.9b18.5x23.3x0.7x
Thu, 09 Oct 2025US$439.9bUS$553.3bUS$16.2b17.7x27.2x0.8x
Sat, 06 Sep 2025US$444.4bUS$555.1bUS$16.1b19.7x27.5x0.8x
Mon, 04 Aug 2025US$447.3bUS$549.4bUS$16.5b20.5x27.2x0.8x
Wed, 02 Jul 2025US$442.9bUS$549.6bUS$23.2b19.3x19.1x0.8x
Fri, 30 May 2025US$428.1bUS$468.1bUS$22.5b19.4x19x0.9x
Sun, 27 Apr 2025US$438.4bUS$472.2bUS$24.8b18.4x17.7x0.9x
Tue, 25 Mar 2025US$439.3bUS$471.5bUS$24.3b17.3x18.1x0.9x
Thu, 20 Feb 2025US$434.8bUS$475.1bUS$25.9b19.3x16.8x0.9x
Sat, 18 Jan 2025US$428.5bUS$464.1bUS$21.8b20.2x19.7x0.9x
Mon, 16 Dec 2024US$465.2bUS$464.4bUS$21.6b21.1x21.5x1x
Wed, 13 Nov 2024US$469.2bUS$460.5bUS$21.8b18.4x21.5x1x
Fri, 11 Oct 2024US$483.8bUS$462.1bUS$22.6b18x21.4x1x
Sun, 08 Sep 2024US$501.9bUS$461.4bUS$22.3b20.7x22.5x1.1x
Tue, 06 Aug 2024US$480.4bUS$461.4bUS$21.6b19.1x22.3x1x
Thu, 04 Jul 2024US$458.2bUS$473.3bUS$25.1b15.6x18.3x1x
Sat, 01 Jun 2024US$468.8bUS$474.0bUS$24.3b16.3x19.3x1x
Mon, 29 Apr 2024US$483.0bUS$475.9bUS$24.5b16.7x19.7x1x
Wed, 27 Mar 2024US$482.6bUS$473.0bUS$24.8b15.5x19.5x1x
Fri, 23 Feb 2024US$473.5bUS$478.2bUS$24.9b14.8x19x1x
Sun, 21 Jan 2024US$489.9bUS$489.9bUS$25.4b15.7x19.3x1x
Tue, 19 Dec 2023US$490.8bUS$490.1bUS$25.5b16.8x19.3x1x
Thu, 16 Nov 2023US$479.7bUS$489.8bUS$25.5b15.9x18.8x1x
Sat, 14 Oct 2023US$453.6bUS$494.5bUS$26.4b16.7x17.2x0.9x
Mon, 11 Sep 2023US$502.0bUS$491.3bUS$26.4b17.5x19x1x
Wed, 09 Aug 2023US$535.3bUS$490.7bUS$26.3b17.7x20.3x1.1x
Price to Earnings Ratio

20.3x


Total Market Cap: US$535.3bTotal Earnings: US$26.3bTotal Revenue: US$490.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Food Industry Price to Earnings3Y Average 24.4x202420252026
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 49.3x which is higher than its 3-year average PE of 24.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.90x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 32% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.9% 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 Market0.97%
Consumer Staples1.97%
Food-0.071%
Packaged Foods and Meats1.37%
Agricultural Products-5.06%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 26.6x.
    • Analysts are expecting annual earnings growth of 20.6%, which is higher than its past year's earnings decline of 9.2% 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 17.2x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 9.2% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings grow by 18% 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$14.0214.2%
+US$1.9b		2.1%PE8.6x
MDLZ Mondelez InternationalUS$62.313.0%
+US$1.8b		-2.5%PE22.6x
LW Lamb Weston HoldingsUS$52.556.0%
+US$408.3m		-6.1%PE24.9x
MKC McCormickUS$50.901.9%
+US$252.7m		-27.6%PE8.5x
KHC Kraft HeinzUS$25.850.7%
+US$213.4m		-5.7%PS1.2x

Latest News

ADM
US$79.27
Archer-Daniels-Midland
7D
-7.7%
1Y
47.2%
HSY
US$175.05
Hershey
7D
0.4%
1Y
-7.4%
DAR
US$60.64
Darling Ingredients
7D
-3.0%
1Y
92.6%
LW
US$52.55
Lamb Weston Holdings
7D
6.0%
1Y
-6.1%
HRL
US$25.01
Hormel Foods
7D
-1.2%
1Y
-11.1%
Seeking Alpha • Jul 31

Hormel: Why This Dividend Aristocrat Is Still A 'Buy'

Summary Hormel is reaffirmed as a "Buy" for its resilient organic growth, margin expansion, and defensive income profile. HRL delivered 3% YoY organic sales growth and 14% adjusted EPS growth in Q2, outperforming the S&P 500 year-to-date. Operational improvements, a strong balance sheet, and a 4.6% dividend yield support the investment case at a 17.3x forward P/E. Read the full article on Seeking Alpha
MDLZ
US$62.31
Mondelez International
7D
3.0%
1Y
-2.5%
Analysis Article • Jul 31

Mondelez International, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

It's been a good week for Mondelez International, Inc. ( NASDAQ:MDLZ ) shareholders, because the company has just...
PPC
US$27.36
Pilgrim's Pride
7D
-4.6%
1Y
-42.9%
BG
US$106.23
Bunge Global
7D
-12.6%
1Y
36.2%
KHC
US$25.85
Kraft Heinz
7D
0.7%
1Y
-5.7%
Narrative Update • Jul 30

KHC: Post 2025 Brand Investment And Inflation Risks Will Pressure Turnaround Prospects

The updated fair value estimate for Kraft Heinz moves to $24.21 from $23.47. This reflects analyst price target revisions in the $22 to $25 range as they factor in adjusted revenue expectations, slightly higher profit margins, and a modestly higher future P/E assumption.
TSN
US$57.96
Tyson Foods
7D
0.9%
1Y
10.3%
Narrative Update • Jul 30

TSN: Chicken Strength And Easing Cattle Imports Will Shape Future Earnings Profile

Analysts have trimmed their average price target for Tyson Foods to $68.50 from $71.08, citing updated expectations for softer revenue growth and slightly lower profit margins, partly offset by support from chicken and a modestly higher future P/E assumption. Analyst Commentary Recent research on Tyson Foods highlights a mix of optimism and caution as analysts reassess earnings power, margins, and the impact of protein supply trends on valuation.
MKC
US$50.90
McCormick
7D
1.9%
1Y
-27.6%
Seeking Alpha • Jul 29

McCormick: The Market Still Underestimates The Unilever Deal

Summary McCormick & Company Incorporated remains a Buy, with valuation offering a solid margin of safety and re-rating potential post-Unilever deal. Q2 delivered 16.9% YoY revenue growth, driven by the McCormick de Mexico acquisition and organic pricing, reaffirming 2026 guidance for sales and margin expansion. Risks include higher leverage post-deal, potential selling pressure from Unilever shareholders, and persistent consumer trade-downs to private labels impacting legacy brands. Intrinsic value is estimated above the current, with macro improvements and deal synergies supporting upside and re-rating potential. Read the full article on Seeking Alpha
JBS
US$14.02
JBS
7D
14.2%
1Y
2.1%
SEB
US$4,413.26
Seaboard
7D
-6.4%
1Y
39.3%
TR
US$39.02
Tootsie Roll Industries
7D
4.0%
1Y
7.0%
SJM
US$119.26
J. M. Smucker
7D
0.8%
1Y
10.2%
Narrative Update • Jul 23

SJM: Coffee Deflation And Hostess Review Will Eventually Undermine Earnings Resilience

The fair value estimate for J. M.
FLO
US$7.02
Flowers Foods
7D
-9.3%
1Y
-55.7%
Seeking Alpha • Jul 20

Flowers Foods: The Deal Behind Its First Dividend Cut In 24 Years

Summary Flowers Foods (FLO) faces headwinds after a $846.2M debt-financed acquisition and a recent dividend cut, challenging its historical stability. FLO's valuation is pressured by sector-wide derating tied to interest rates and internal factors, notably the costly Simple Mills acquisition. The dividend cut, ending a 24-year growth streak, signals diminished income appeal and has driven away income-focused investors. I rate FLO a hold, with fair value in the $8.35–10.57 range on $465–495M EBITDA at 7.5–8x, reflecting current business fundamentals. Read the full article on Seeking Alpha