Tearsheet

B&G Foods (BGS)


Market Price (10/29/2025): $4.28 | Market Cap: $341.8 Mil
Sector: Consumer Staples | Industry: Packaged Foods & Meats

B&G Foods (BGS)


Market Price (10/29/2025): $4.28
Market Cap: $341.8 Mil
Sector: Consumer Staples
Industry: Packaged Foods & Meats

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -36%
Weak multi-year price returns
2Y Excs Rtn is -98%, 3Y Excs Rtn is -144%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 580%
1 Attractive yield
Dividend Yield is 18%, FCF Yield is 37%
Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 17%
Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.8%, Rev Chg QQuarterly Revenue Change % is -4.5%
2   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -52%
0 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -36%
1 Attractive yield
Dividend Yield is 18%, FCF Yield is 37%
2 Weak multi-year price returns
2Y Excs Rtn is -98%, 3Y Excs Rtn is -144%
3 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 17%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 580%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -6.9%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.8%, Rev Chg QQuarterly Revenue Change % is -4.5%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -52%

Market Valuation & Key Metrics

BGS Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
BGS Return68%18%-61%0%-28%-30%-59%
Peers Return31%-7%-24%-28%-24%-37%-68%
S&P 500 Return16%27%-19%24%23%17%110%

Monthly Win Rates [3]
BGS Win Rate67%67%25%50%42%67% 
Peers Win Rate32%44%30%35%35%40% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
BGS Max Drawdown-35%-4%-62%-28%-37%-40% 
Peers Max Drawdown-21%-17%-33%-38%-31%-47% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: DAR, TR, BRCC, FAMI, ORIS. See BGS Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/28/2025 (YTD)

How Low Can It Go

Unique KeyEventBGSS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-81.2%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven431.7%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-35.1%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven54.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven19 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-67.6%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven209.0%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-81.8%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven449.2%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven846 days1480 days

Compare to DAR, TR, BRCC, FAMI, ORIS


In The Past

B&G Foods's stock fell -81.2% during the 2022 Inflation Shock from a high on 1/27/2021. A -81.2% loss requires a 431.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About B&G Foods (BGS)

Better Bets than B&G Foods (BGS)

Latest Trefis Analyses

Trade Ideas

Select past ideas related to BGS. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
IPAR_9302025_Dip_Buyer_FCFYield09302025IPARInterparfumsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-2.4%-2.4%-6.0%
TAP_9302025_Dip_Buyer_FCFYield09302025TAPMolson Coors BeverageDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.0%0.0%0.0%
STZ_7312025_Monopoly_xInd_xCD_Getting_Cheaper07312025STZConstellation BrandsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-17.4%-17.4%-21.1%
SJM_6302025_Dip_Buyer_FCFYield06302025SJMJM SmuckerDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
7.8%7.8%0.0%
BF-B_5312025_Dip_Buyer_ValueBuy05312025BF-BBrown-FormanDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-13.1%-13.1%-22.4%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
IPAR_9302025_Dip_Buyer_FCFYield09302025IPARInterparfumsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-2.4%-2.4%-6.0%
TAP_9302025_Dip_Buyer_FCFYield09302025TAPMolson Coors BeverageDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.0%0.0%0.0%
STZ_7312025_Monopoly_xInd_xCD_Getting_Cheaper07312025STZConstellation BrandsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-17.4%-17.4%-21.1%
SJM_6302025_Dip_Buyer_FCFYield06302025SJMJM SmuckerDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
7.8%7.8%0.0%
BF-B_5312025_Dip_Buyer_ValueBuy05312025BF-BBrown-FormanDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-13.1%-13.1%-22.4%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for B&G Foods

Financials

BGSDARTRBRCCFAMIORISMedian
NameB&G FoodsDarling .Tootsie .BRC Farmmi Oriental. 
Mkt Price4.2833.8136.051.331.780.143.03
Mkt Cap0.35.42.60.1--1.5
Rev LTM1,8625,702723389--1,293
Op Inc LTM185325109-19--147
FCF LTM125549105-9--115
FCF 3Y Avg11844077-47--98
CFO LTM155824125-3--140
CFO 3Y Avg145862100-28--122

Growth & Margins

BGSDARTRBRCCFAMIORISMedian
NameB&G FoodsDarling .Tootsie .BRC Farmmi Oriental. 
Rev Chg LTM-6.9%-6.8%-3.8%-4.6%---5.7%
Rev Chg 3Y Avg-3.8%2.7%4.6%14.7%--3.6%
Rev Chg Q-4.5%1.8%2.9%6.5%--2.3%
QoQ Delta Rev Chg LTM-1.1%0.5%0.6%1.5%--0.5%
Op Mgn LTM9.9%5.7%15.1%-4.9%--7.8%
Op Mgn 3Y Avg10.7%7.0%13.7%-9.2%--8.9%
QoQ Delta Op Mgn LTM-0.4%0.2%-0.6%-3.5%---0.5%
CFO/Rev LTM8.3%14.4%17.3%-0.9%--11.4%
CFO/Rev 3Y Avg7.3%13.8%13.6%-8.3%--10.5%
FCF/Rev LTM6.7%9.6%14.6%-2.4%--8.2%
FCF/Rev 3Y Avg6.0%7.1%10.5%-13.6%--6.6%

Valuation

BGSDARTRBRCCFAMIORISMedian
NameB&G FoodsDarling .Tootsie .BRC Farmmi Oriental. 
Mkt Cap0.35.42.60.1--1.5
P/S0.20.93.60.3--0.6
P/EBIT-2.417.619.3-5.5--7.6
P/E-1.550.828.9-9.4--13.7
P/CFO2.26.521.0-31.3--4.4
Total Yield-47.9%2.0%4.4%-10.7%---4.4%
Dividend Yield17.6%0.0%1.0%0.0%--0.5%
FCF Yield 3Y Avg22.5%6.5%3.2%-17.6%--4.9%
D/E6.00.80.01.0--0.9
Net D/E5.80.8-0.10.9--0.9

Returns

BGSDARTRBRCCFAMIORISMedian
NameB&G FoodsDarling .Tootsie .BRC Farmmi Oriental. 
1M Rtn-3.2%5.3%-12.1%-14.7%-8.7%-48.9%-10.4%
3M Rtn5.1%1.9%-8.6%-29.3%-4.6%-5.5%-5.0%
6M Rtn-32.0%5.0%14.3%-42.2%4.7%-84.5%-13.7%
12M Rtn-42.4%-14.3%23.1%-59.3%-61.5%-98.1%-50.9%
3Y Rtn-65.1%-56.6%-0.0%-81.6%-96.7%--65.1%
1M Excs Rtn-8.8%6.9%-15.9%-17.1%-13.3%-35.9%-14.6%
3M Excs Rtn-0.6%-5.8%-15.2%-34.4%-7.7%-10.3%-9.0%
6M Excs Rtn-55.9%-18.9%-9.7%-66.1%-19.2%-108.4%-37.6%
12M Excs Rtn-58.5%-29.1%6.5%-78.3%-87.7%-116.7%-68.4%
3Y Excs Rtn-144.1%-140.1%-77.7%-162.5%-180.5%--144.1%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Specialty722773   
Meals478485   
Frozen & Vegetables474526   
Spices & Flavor Solutions389378   
Single Segment  2,0561,9681,660
Total2,0622,1632,0561,9681,660


Price Behavior

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity13,956,258
Short Interest: % Change Since 9302025-1.5%
Average Daily Volume2,322,928
Days-to-Cover Short Interest6.01
Basic Shares Quantity79,858,000
Short % of Basic Shares17.5%

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/4/2025-2.7%-1.0%8.3%
5/7/2025-25.2%-31.9%-33.4%
2/25/20252.9%-2.2%-3.4%
11/5/2024-19.8%-26.3%-24.9%
8/6/2024-2.7%-4.0%0.8%
5/8/2024-28.3%-21.6%-19.0%
2/27/202421.3%18.6%23.9%
11/8/20230.7%5.6%17.3%
...
SUMMARY STATS   
# Positive141112
# Negative81110
Median Positive3.1%7.1%14.0%
Median Negative-7.4%-4.6%-11.0%
Max Positive28.5%29.3%29.1%
Max Negative-28.3%-31.9%-33.4%

SEC Filings

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Report DateFiling DateFiling
6302025804202510-Q 6/28/2025
3312025506202510-Q 3/29/2025
12312024225202510-K 12/28/2024
93020241105202410-Q 9/28/2024
6302024806202410-Q 6/29/2024
3312024508202410-Q 3/30/2024
12312023228202410-K 12/30/2023
93020231109202310-Q 9/30/2023
6302023803202310-Q 7/1/2023
3312023504202310-Q 4/1/2023
12312022228202310-K 12/31/2022
93020221109202210-Q 10/1/2022
6302022804202210-Q 7/2/2022
3312022505202210-Q 4/2/2022
12312021301202210-K 1/1/2022
93020211104202110-Q 10/2/2021

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Hart Eric HEVP OF HUMAN RESOURCES & CHRO5302025Sell4.181,5006,270469,889Form
1Schoch Martin C.EVP of Supply Chain5192025Sell4.453,93117,504152,937Form
2Hart Eric HEVP OF HUMAN RESOURCES & CHRO11182024Buy6.255,00031,238555,414Form
3Vogel Andrew DEVP, PRESIDENT OF MEALS11132024Buy6.367,50047,700235,727Form
4SHERRILL STEPHEN11082024Buy6.6370,000464,2962,341,936Form

Industry Resources

Packaged Foods & Meats Resources
USDA Data