InsiderClue
Stocks · Consumer staples · Food and Kindred Products

BELLRING BRANDS, INC.

BRBR Clue Score62
United States Fiscal year ends September CIK 0001772016
$8.55 +7.01% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $8.55 −69.11% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 17 Oct 2019. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Revenue827.5Operating income119.8Net income0.0EPS, diluted0.00Fiscal year 2019Revenue854.4 +3.3%Operating income162.5Net income0.0EPS, diluted0.00Fiscal year 2020Revenue988.3 +15.7%Operating income164.0Net income23.5EPS, diluted0.60Fiscal year 2021Revenue1,247.1 +26.2%Operating income168.0Net income27.6 +17.4%EPS, diluted0.70Fiscal year 2022Revenue1,371.5 +10.0%Operating income212.4Net income82.3 +198.2%EPS, diluted0.88Fiscal year 2023Revenue1,666.8 +21.5%Operating income287.3Net income165.5 +101.1%EPS, diluted1.23Fiscal year 2024Revenue1,996.2 +19.8%Operating income387.7Net income246.5 +48.9%EPS, diluted1.86Fiscal year 2025Revenue2,316.6 +16.1%Operating income357.4Net income216.2 −12.3%EPS, diluted1.68
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 827.5 854.4 988.3 1,247.1 1,371.5 1,666.8 1,996.2 2,316.6
Growth +3.3% +15.7% +26.2% +10.0% +21.5% +19.8% +16.1%
Operating income 119.8 162.5 164.0 168.0 212.4 287.3 387.7 357.4
Net income 0.0 0.0 23.5 27.6 82.3 165.5 246.5 216.2
Growth +17.4% +198.2% +101.1% +48.9% −12.3%
EPS, diluted 0.00 0.00 0.60 0.70 0.88 1.23 1.86 1.68

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2018Gross margin33.6%Operating margin14.5%Net margin0.0%Free cash flow margin16.5%Fiscal year 2019Gross margin36.5%Operating margin19.0%Net margin0.0%Free cash flow margin11.1%Fiscal year 2020Gross margin34.2%Operating margin16.6%Net margin2.4%Free cash flow margin9.6%Fiscal year 2021Gross margin31.0%Operating margin13.5%Net margin2.2%Free cash flow margin18.0%Fiscal year 2022Gross margin30.8%Operating margin15.5%Net margin6.0%Free cash flow margin1.4%Fiscal year 2023Gross margin31.8%Operating margin17.2%Net margin9.9%Free cash flow margin12.8%Fiscal year 2024Gross margin35.4%Operating margin19.4%Net margin12.3%Free cash flow margin9.9%Fiscal year 2025Gross margin33.3%Operating margin15.4%Net margin9.3%Free cash flow margin11.0%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 33.6% 36.5% 34.2% 31.0% 30.8% 31.8% 35.4% 33.3%
Operating margin 14.5% 19.0% 16.6% 13.5% 15.5% 17.2% 19.4% 15.4%
Net margin 0.0% 0.0% 2.4% 2.2% 6.0% 9.9% 12.3% 9.3%
Free cash flow margin 16.5% 11.1% 9.6% 18.0% 1.4% 12.8% 9.9% 11.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2018Operating cash flow141.2Capital expenditure−5.0Free cash flow136.2Fiscal year 2019Operating cash flow98.3Capital expenditure−3.2Free cash flow95.1 −30.2%Fiscal year 2020Operating cash flow97.2Capital expenditure−2.1Free cash flow95.1 +0.0%Buybacks0.0Fiscal year 2021Operating cash flow226.1Capital expenditure−1.6Free cash flow224.5 +136.1%Buybacks0.0Fiscal year 2022Operating cash flow21.0Capital expenditure−1.8Free cash flow19.2 −91.4%Buybacks−42.8Fiscal year 2023Operating cash flow215.6Capital expenditure−1.8Free cash flow213.8 +1,013.5%Fiscal year 2024Operating cash flow199.6Capital expenditure−1.8Free cash flow197.8 −7.5%Fiscal year 2025Operating cash flow260.6Capital expenditure−4.7Free cash flow255.9 +29.4%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 141.2 98.3 97.2 226.1 21.0 215.6 199.6 260.6
Capital expenditure −5.0 −3.2 −2.1 −1.6 −1.8 −1.8 −1.8 −4.7
Free cash flow 136.2 95.1 95.1 224.5 19.2 213.8 197.8 255.9
Growth −30.2% +0.0% +136.1% −91.4% +1,013.5% −7.5% +29.4%
Buybacks n/a n/a 0.0 0.0 −42.8 n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2018Cash10.9Shareholders’ equity451.7Fiscal year 2019Cash5.5Total debt0.0Net cash (debt)5.5Shareholders’ equity486.4Debt to equity0.00Fiscal year 2020Cash48.7Total debt686.4Net cash (debt)−637.7Shareholders’ equity−2,182.6Fiscal year 2021Cash152.6Total debt597.5Net cash (debt)−444.9Shareholders’ equity−3,062.8Fiscal year 2022Cash35.8Total debt929.5Net cash (debt)−893.7Shareholders’ equity−376.2Fiscal year 2023Cash48.4Total debt856.8Net cash (debt)−808.4Shareholders’ equity−323.5Fiscal year 2024Cash70.8Total debt833.1Net cash (debt)−762.3Shareholders’ equity−205.9Fiscal year 2025Cash71.8Total debt1,084.3Net cash (debt)−1,012.5Shareholders’ equity−453.9
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 10.9 5.5 48.7 152.6 35.8 48.4 70.8 71.8
Total debt n/a 0.0 686.4 597.5 929.5 856.8 833.1 1,084.3
Net cash (debt) n/a 5.5 −637.7 −444.9 −893.7 −808.4 −762.3 −1,012.5
Shareholders’ equity 451.7 486.4 −2,182.6 −3,062.8 −376.2 −323.5 −205.9 −453.9
Debt to equity n/a 0.00 n/a n/a n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending September, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2018 30 Sep 2018 FY2019 30 Sep 2019 FY2020 30 Sep 2020 FY2021 30 Sep 2021 FY2022† 30 Sep 2022 FY2023 30 Sep 2023 FY2024 30 Sep 2024 FY2025 30 Sep 2025
Assets
10.9 5.5 48.7 152.6 35.8 48.4 70.8 71.8
n/a 68.4 83.1 103.9 173.3 n/a n/a n/a
n/a 138.2 150.5 117.9 199.8 194.3 286.1 330.4
n/a 11.7 10.2 8.9 8.0 8.5 9.2 19.0
n/a 65.9 65.9 65.9 65.9 65.9 65.9 65.9
n/a 594.5 653.5 696.5 707.2 691.6 837.0 941.0
Growth +9.9% +6.6% +1.5% −2.2% +21.0% +12.4%
Liabilities
n/a 0.0 63.8 116.3 0.0 n/a n/a n/a
n/a 0.0 622.6 481.2 929.5 856.8 833.1 1,084.3
calc n/a 0.0 686.4 597.5 929.5 856.8 833.1 1,084.3
n/a 108.1 814.5 762.0 1,083.4 1,015.1 1,042.9 1,394.9
Equity
n/a 0.0 −2,179.0 −3,059.7 −355.6 −190.1 56.4 272.6
451.7 486.4 −2,182.6 −3,062.8 −376.2 −323.5 −205.9 −453.9
Growth +7.7% −548.7%
Per share and net cash
calc n/a 5.5 −637.7 −444.9 −893.7 −808.4 −762.3 −1,012.5
n/a n/a n/a 39.5 135.4 131.1 128.8 119.7
calc n/a n/a n/a −77.54 −2.78 −2.47 −1.60 −3.79

† The diluted share count jumps at 2022, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how.