InsiderClue
Stocks · Consumer staples · Bottled & Canned Soft Drinks & Carbonated Waters

NATIONAL BEVERAGE CORP

FIZZ Clue Score71
United States Fiscal year ends May CIK 0000069891
$30.52 -1.04% Close, 9 Oct 2026
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Price $30.52 −44.44% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. 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 2017Revenue826.9Net income107.0EPS, diluted2.29Fiscal year 2018Revenue975.7 +18.0%Operating income204.2Net income149.8 +39.9%EPS, diluted3.19Fiscal year 2019Revenue1,014.1 +3.9%Operating income179.9Net income140.9 −6.0%EPS, diluted1.50Fiscal year 2020Revenue1,000.4 −1.4%Operating income165.7Net income130.0 −7.7%EPS, diluted1.39Fiscal year 2021Revenue1,072.2 +7.2%Operating income227.8Net income174.1 +34.0%EPS, diluted1.86Fiscal year 2022Revenue1,138.0 +6.1%Operating income207.9Net income158.5 −9.0%EPS, diluted1.69Fiscal year 2023Revenue1,172.9 +3.1%Operating income186.7Net income142.2 −10.3%EPS, diluted1.52Fiscal year 2024Revenue1,191.7 +1.6%Operating income218.5Net income176.7 +24.3%EPS, diluted1.89Fiscal year 2025Revenue1,201.4 +0.8%Operating income235.5Net income186.8 +5.7%EPS, diluted1.99Fiscal year 2026Revenue1,180.6 −1.7%Operating income230.1Net income183.6 −1.7%EPS, diluted1.96
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 826.9 975.7 1,014.1 1,000.4 1,072.2 1,138.0 1,172.9 1,191.7 1,201.4 1,180.6
Growth +18.0% +3.9% −1.4% +7.2% +6.1% +3.1% +1.6% +0.8% −1.7%
Operating income n/a 204.2 179.9 165.7 227.8 207.9 186.7 218.5 235.5 230.1
Net income 107.0 149.8 140.9 130.0 174.1 158.5 142.2 176.7 186.8 183.6
Growth +39.9% −6.0% −7.7% +34.0% −9.0% −10.3% +24.3% +5.7% −1.7%
EPS, diluted 2.29 3.19 1.50 1.39 1.86 1.69 1.52 1.89 1.99 1.96

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin39.4%Net margin12.9%Free cash flow margin12.1%Fiscal year 2018Gross margin40.1%Operating margin20.9%Net margin15.3%Free cash flow margin12.6%Fiscal year 2019Gross margin37.9%Operating margin17.7%Net margin13.9%Free cash flow margin10.0%Fiscal year 2020Gross margin37.0%Operating margin16.6%Net margin13.0%Free cash flow margin15.4%Fiscal year 2021Gross margin39.3%Operating margin21.2%Net margin16.2%Free cash flow margin15.7%Fiscal year 2022Gross margin36.7%Operating margin18.3%Net margin13.9%Free cash flow margin9.1%Fiscal year 2023Gross margin33.8%Operating margin15.9%Net margin12.1%Free cash flow margin11.9%Fiscal year 2024Gross margin36.0%Operating margin18.3%Net margin14.8%Free cash flow margin14.1%Fiscal year 2025Gross margin37.0%Operating margin19.6%Net margin15.6%Free cash flow margin14.2%Fiscal year 2026Gross margin37.0%Operating margin19.5%Net margin15.6%Free cash flow margin13.2%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 39.4% 40.1% 37.9% 37.0% 39.3% 36.7% 33.8% 36.0% 37.0% 37.0%
Operating margin n/a 20.9% 17.7% 16.6% 21.2% 18.3% 15.9% 18.3% 19.6% 19.5%
Net margin 12.9% 15.3% 13.9% 13.0% 16.2% 13.9% 12.1% 14.8% 15.6% 15.6%
Free cash flow margin 12.1% 12.6% 10.0% 15.4% 15.7% 9.1% 11.9% 14.1% 14.2% 13.2%

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 2017Operating cash flow114.3Capital expenditure−14.0Free cash flow100.3Dividends paid−69.9Fiscal year 2018Operating cash flow154.7Capital expenditure−32.0Free cash flow122.7 +22.4%Buybacks0.0Dividends paid−69.9Fiscal year 2019Operating cash flow139.4Capital expenditure−38.3Free cash flow101.1 −17.6%Buybacks0.0Dividends paid−135.2Fiscal year 2020Operating cash flow177.7Capital expenditure−23.9Free cash flow153.8 +52.1%Buybacks−6.2Dividends paid0.0Fiscal year 2021Operating cash flow193.8Capital expenditure−25.3Free cash flow168.5 +9.5%Buybacks0.0Dividends paid−279.9Fiscal year 2022Operating cash flow133.1Capital expenditure−29.0Free cash flow104.1 −38.2%Buybacks0.0Dividends paid−280.0Fiscal year 2023Operating cash flow161.7Capital expenditure−22.0Free cash flow139.7 +34.2%Dividends paid0.0Fiscal year 2024Operating cash flow197.9Capital expenditure−30.3Free cash flow167.6 +20.0%Buybacks0.0Dividends paid0.0Fiscal year 2025Operating cash flow206.7Capital expenditure−36.3Free cash flow170.4 +1.7%Buybacks0.0Dividends paid−304.1Fiscal year 2026Operating cash flow181.3Capital expenditure−25.1Free cash flow156.1 −8.4%Buybacks−0.7Dividends paid0.0
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 114.3 154.7 139.4 177.7 193.8 133.1 161.7 197.9 206.7 181.3
Capital expenditure −14.0 −32.0 −38.3 −23.9 −25.3 −29.0 −22.0 −30.3 −36.3 −25.1
Free cash flow 100.3 122.7 101.1 153.8 168.5 104.1 139.7 167.6 170.4 156.1
Growth +22.4% −17.6% +52.1% +9.5% −38.2% +34.2% +20.0% +1.7% −8.4%
Buybacks n/a 0.0 0.0 −6.2 0.0 0.0 n/a 0.0 0.0 −0.7
Dividends paid −69.9 −69.9 −135.2 0.0 −279.9 −280.0 0.0 0.0 −304.1 0.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash136.4Shareholders’ equity245.6Fiscal year 2018Cash189.9Shareholders’ equity331.4Fiscal year 2019Cash156.2Shareholders’ equity331.6Fiscal year 2020Cash304.5Shareholders’ equity452.3Fiscal year 2021Cash193.6Total debt0.0Net cash (debt)193.6Shareholders’ equity356.0Debt to equity0.00Fiscal year 2022Cash48.1Total debt30.0Net cash (debt)18.1Shareholders’ equity239.4Debt to equity0.13Fiscal year 2023Cash158.1Total debt0.0Net cash (debt)158.1Shareholders’ equity372.5Debt to equity0.00Fiscal year 2024Cash327.0Shareholders’ equity559.5Fiscal year 2025Cash193.8Shareholders’ equity444.0Fiscal year 2026Cash349.5Shareholders’ equity635.7
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 136.4 189.9 156.2 304.5 193.6 48.1 158.1 327.0 193.8 349.5
Total debt n/a n/a n/a n/a 0.0 30.0 0.0 n/a n/a n/a
Net cash (debt) n/a n/a n/a n/a 193.6 18.1 158.1 n/a n/a n/a
Shareholders’ equity 245.6 331.4 331.6 452.3 356.0 239.4 372.5 559.5 444.0 635.7
Debt to equity n/a n/a n/a n/a 0.00 0.13 0.00 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 FY2026 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending May, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 29 Apr 2017 FY2018 28 Apr 2018 FY2019 27 Apr 2019 FY2020 2 May 2020 FY2021 1 May 2021 FY2022 30 Apr 2022 FY2023 29 Apr 2023 FY2024 27 Apr 2024 FY2025 3 May 2025 FY2026 2 May 2026
Margins
39.4% 40.1% 37.9% 37.0% 39.3% 36.7% 33.8% 36.0% 37.0% 37.0%
n/a 20.9% 17.7% 16.6% 21.2% 18.3% 15.9% 18.3% 19.6% 19.5%
19.7% 21.1% 18.1% 16.9% 21.3% 18.2% 15.9% 19.3% 20.4% 20.4%
12.9% 15.3% 13.9% 13.0% 16.2% 13.9% 12.1% 14.8% 15.6% 15.6%
12.1% 12.6% 10.0% 15.4% 15.7% 9.1% 11.9% 14.1% 14.2% 13.2%
Spending
19.8% 19.2% 20.2% 20.4% 18.1% 18.4% 17.9% 17.6% 17.4% 17.5%
1.7% 3.3% 3.8% 2.4% 2.4% 2.5% 1.9% 2.5% 3.0% 2.1%
34.3% 27.1% 23.4% 23.3% 23.7% 23.6% 23.7% 23.1% 23.6% 23.7%
Returns
43.6% 45.2% 42.5% 28.7% 48.9% 66.2% 38.2% 31.6% 42.1% 28.9%
30.2% 32.6% 31.1% 20.0% 31.3% 33.9% 24.8% 22.9% 27.8% 21.6%
Balance and payout
n/a n/a n/a n/a 0.00 0.13 0.00 n/a n/a n/a
n/a n/a 26.7% 30.3% 36.1% 48.8% 35.1% 27.4% 34.0% 25.4%
65.3% 46.7% 96.0% 0.0% 160.7% 176.6% 0.0% 0.0% 162.8% 0.0%
69.7% 56.9% 133.8% 4.1% 166.1% 268.9% 0.0% 0.0% 178.5% 0.4%