Tearsheet

Beyond Meat (BYND)


Market Price (9/17/2025): $2.7 | Market Cap: $206.5 Mil
Sector: Consumer Staples | Industry: Packaged Foods & Meats

Beyond Meat (BYND)


Market Price (9/17/2025): $2.7
Market Cap: $206.5 Mil
Sector: Consumer Staples
Industry: Packaged Foods & Meats

Investment Highlights

0  Weak multi-year price returns
2Y Excs Rtn is -123%, 3Y Excs Rtn is -150%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -160 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -53%
1  Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 14
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 570%
2   Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -13%, Rev Chg QQuarterly Revenue Change % is -20%
3   Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -37%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -42%
4   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 -79%
5   Significant 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 41%
0 Weak multi-year price returns
2Y Excs Rtn is -123%, 3Y Excs Rtn is -150%
1 Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 14
2 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -160 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -53%
3 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 570%
4 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -13%, Rev Chg QQuarterly Revenue Change % is -20%
5 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -37%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -42%
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 -79%
7 Significant 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 41%

Market Valuation

 9/17/252024202320222021
Share Price CYE$2.70$3.76$8.90$12.31$65.16
Market Cap CYE ($ Mil)206.5260.9574.7784.84,128.2
Total Debt ($ Mil)1,284.31,222.01,217.11,193.71,157.2
Total Cash ($ Mil)103.5131.9190.5309.9733.3
Enterprise Value ($ Mil)1,387.31,482.91,791.81,978.55,285.4
Valuation Ratios     
P/S TTM0.70.81.71.98.9
P/EBIT TTM-1.4-1.6-1.7-2.3-23.5
P/E TTM-1.3-1.6-1.7-2.1-22.6
Sector Ratios     
P/S TTM (Sector)0.90.90.90.91.6
P/EBIT TTM (Sector)8.38.910.09.411.6
P/E TTM (Sector)12.512.114.012.016.2
 9/17/2520242023
Share Price CYE$2.70$3.76$8.90
Market Cap CYE ($ Mil)206.5260.9574.7
Total Debt ($ Mil)1,284.31,222.01,217.1
Total Cash ($ Mil)103.5131.9190.5
Enterprise Value ($ Mil)1,387.31,482.91,791.8
Valuation Ratios   
P/S TTM0.70.81.7
P/EBIT TTM-1.4-1.6-1.7
P/E TTM-1.3-1.6-1.7
Sector Ratios   
P/S TTM (Sector)0.90.90.9
P/EBIT TTM (Sector)8.38.910.0
P/E TTM (Sector)12.512.114.0

Business Description

Beyond Meat, Inc. manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
BYND Return65%-48%-81%-28%-58%-28%-96%
Peers Return-7%6%15%-11%6%-16%-11%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: K, CAG, TR, JJSF, THS. See BYND Returns vs. Peers.
[3] 2025 data is for the year up to 9/16/2025 (YTD)

Better Bets than Beyond Meat (BYND)

Latest Trefis Analyses

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Peer Comparisons for Beyond Meat

Financials

BYNDKCAGTRJJSFTHSMedian
NameBeyond M.KellanovaConagra .Tootsie .J&J Snac.Treehous. 
Mkt Price2.7179.4218.9441.26103.5317.3730.10
Mkt Cap0.227.59.13.02.00.92.5
Rev LTM30112,63211,6137231,6003,3352,467
Op Inc LTM-1601,9101,445109104158134
FCF LTM-1258631,3031056794100
FCF 3Y Avg-1371,0051,1887779-6278
CFO LTM-1101,5121,692125145237191
CFO 3Y Avg-1171,6151,56810016766133

Growth & Margins

BYNDKCAGTRJJSFTHSMedian
NameBeyond M.KellanovaConagra .Tootsie .J&J Snac.Treehous. 
Rev Chg LTM-5.2%-2.7%-3.6%-3.8%0.5%-1.4%-3.2%
Rev Chg 3Y Avg-13.0%2.3%0.3%4.6%7.3%3.6%2.9%
Rev Chg Q-19.6%-3.7%-4.3%2.9%3.3%1.2%-1.2%
QoQ Delta Rev Chg LTM-5.7%-0.9%-1.1%0.6%0.9%0.3%-0.3%
Op Mgn LTM-53.0%15.1%12.4%15.1%6.5%4.7%9.5%
Op Mgn 3Y Avg-75.1%11.8%14.1%13.7%6.7%4.0%9.3%
QoQ Delta Op Mgn LTM-3.3%0.4%-0.1%-0.6%0.0%0.3%-0.0%
CFO/Rev LTM-36.6%12.0%14.6%17.3%9.1%7.1%10.5%
CFO/Rev 3Y Avg-35.4%12.8%13.1%13.6%10.6%2.0%11.7%
FCF/Rev LTM-41.6%6.8%11.2%14.6%4.2%2.8%5.5%
FCF/Rev 3Y Avg-41.3%7.9%10.0%10.5%5.0%-1.8%6.5%

Valuation

BYNDKCAGTRJJSFTHSMedian
NameBeyond M.KellanovaConagra .Tootsie .J&J Snac.Treehous. 
Mkt Cap0.227.59.13.02.00.92.5
P/S0.72.20.84.21.30.31.0
P/EBIT-1.413.95.722.117.49.411.7
P/E-1.319.97.933.124.042.622.0
P/CFO-1.918.25.424.013.93.79.6
Total Yield-74.1%7.9%20.1%3.9%5.7%2.3%4.8%
Dividend Yield0.0%2.8%7.4%0.9%1.5%0.0%1.2%
FCF Yield 3Y Avg-29.7%4.4%9.7%3.2%2.8%-0.1%3.0%
D/E6.20.20.90.00.11.90.6
Net D/E5.70.20.9-0.10.01.90.5

Returns

BYNDKCAGTRJJSFTHSMedian
NameBeyond M.KellanovaConagra .Tootsie .J&J Snac.Treehous. 
1M Rtn5.0%-0.2%-1.2%6.7%-6.2%-4.3%-0.7%
3M Rtn-17.6%-0.3%-10.5%22.5%-6.7%-13.8%-8.6%
6M Rtn-23.2%-2.2%-24.7%32.1%-19.6%-37.9%-21.4%
12M Rtn-55.9%1.3%-38.4%33.5%-36.2%-59.5%-37.3%
3Y Rtn-85.2%31.2%-35.4%37.0%-20.5%-60.8%-27.9%
1M Excs Rtn2.6%-2.7%-3.6%4.3%-8.7%-6.7%-3.1%
3M Excs Rtn-27.4%-9.9%-20.2%13.8%-17.3%-25.1%-18.8%
6M Excs Rtn-39.4%-18.6%-41.4%14.4%-37.2%-54.3%-38.3%
12M Excs Rtn-75.1%-16.3%-54.8%14.1%-52.8%-76.4%-53.8%
3Y Excs Rtn-150.4%-33.0%-98.8%-30.0%-86.6%-123.2%-92.7%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Plant-based meat industry343419465407298
Total343419465407298


Price Behavior

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity31,116,156
Short Interest: % Change Since 81520256.2%
Average Daily Volume2,248,617
Days-to-Cover Short Interest13.84
Basic Shares Quantity76,491,594
Short % of Basic Shares40.7%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/6/2025-4.1%-3.4%-15.8%
5/7/2025-7.9%-2.8%30.7%
2/26/2025-10.7%-9.8%-7.0%
11/6/2024-11.2%-19.9%-30.9%
8/7/202424.6%9.9%13.0%
5/8/2024-14.4%-6.5%-7.6%
2/27/202430.7%11.5%10.2%
11/2/202318.4%12.0%28.1%
...
SUMMARY STATS   
# Positive776
# Negative161617
Median Positive18.4%9.9%20.5%
Median Negative-11.0%-10.8%-9.8%
Max Positive30.7%16.8%30.7%
Max Negative-22.2%-24.3%-37.7%

SEC Filings

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Report DateFiling DateFiling
6302025808202510-Q 6/28/2025
3312025508202510-Q 3/29/2025
12312024305202510-K 12/31/2024
93020241107202410-Q 9/28/2024
6302024808202410-Q 6/29/2024
3312024509202410-Q 3/30/2024
12312023301202410-K 12/31/2023
93020231109202310-Q 9/30/2023
6302023809202310-Q 7/1/2023
3312023510202310-Q 4/1/2023
12312022301202310-K 12/31/2022
93020221110202210-Q 10/1/2022
6302022811202210-Q 7/2/2022
3312022512202210-Q 4/2/2022
12312021302202210-K 12/31/2021
93020211112202110-Q 10/2/2021

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0GRAYSON CHELSEA A 8272025Sell2.604921,279109,702Form
1GRAYSON CHELSEA A 7282025Sell3.854921,894164,337Form
2GRAYSON CHELSEA A 6262025Sell3.504921,722151,120Form
3GRAYSON CHELSEA A 5292025Sell3.111,1253,499135,811Form
4GRAYSON CHELSEA A 4282025Sell2.541,1252,858113,777Form

Industry Resources

Packaged Foods & Meats Resources
USDA Data