YOLFTbeta
Utz Brands Inc

Utz Brands Inc

UTZ · NYSE · Consumer Defensive / Packaged Foods

14.28USD+0.03 (+0.21%)

Price History

Full chart

Market Stats

Previous Close14.25
Open14.26
Day Range14.26 – 14.33
52-Week Range6.69 – 14.36
Volume4.08M
Market Cap1.26B
P/E (TTM)0.00
Forward P/E17.36
EPS-0.44
Dividend Yield1.77%
Beta0.78
50-Day Avg14.26
200-Day Avg10.48

About

Utz Brands, Inc. manufactures branded salty snacks in the United States. The company provides a range of salty snack food products, such as potato chips, tortilla chips, pretzels, cheese snacks, pub and party mixes, pork skins, and ready-to-eat popcorn, as well as other snacks which include salsa and dips; and non-branded and non-salty snacks comprising partner brands, private label, and co-manufacturing products. It offers its products under the Utz, On The Border, Zapp's, Boulder Canyon, Golden Flake, Miguelito's, Hawaiian, Bachman, Tim's Cascade, Dirty Potato Chips, TGI Fridays, and Vitner's brand names. The company distributes its products through direct-to-warehouse, direct-store-delivery, third-party distributors, and direct-to-consumer. Utz Brands, Inc. was founded in 1921 and is headquartered in Hanover, Pennsylvania.

Company Details

  • SectorConsumer Defensive
  • IndustryPackaged Foods
  • CEOMr. Howard A. Friedman
  • Employees3.10K
  • Headquarters900 High Street, Hanover, PA, United States, 17331, USA
  • Websitehttps://www.utzsnacks.com

Leadership

  • Mr. Howard A. FriedmanCEO, Principal Operating Officer & Director · b. 1970
  • Mr. William J. Kelley Jr.Executive VP & CFO · b. 1965
  • Ms. Theresa Robbins Shea J.D.Executive VP, Chief Legal Officer & Corporate Secretary · b. 1973
  • Ms. Jennifer BentzExecutive VP & Chief Marketing Officer · b. 1971
  • Mr. Trevor Martin C.F.A.Senior Vice President of Investor Relations & Head of Corporate Finance
  • Mr. Jeremy StuartExecutive VP of Sales & Chief Customer Officer · b. 1974
  • Mr. James SponaugleExecutive VP & Chief People Officer · b. 1976
  • Ms. Shannan RedcayExecutive Vice President of Manufacturing · b. 1981
  • Mr. Marek HejnaExecutive Vice President of Finance
  • Mr. Chad WhyteExecutive Vice President of Supply Chain · b. 1976

Financials

Income Statement

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue772.03M768.23M768.23M1.18B1.41B1.44B1.41B1.44B
Growth (%)--0.49%0.00%+53.69%+19.28%+2.12%-2.01%+2.09%
Cost of Revenue505.33M514.43M514.43M796.80M959.34M981.75M914.50M1.12B
Gross Profit266.70M253.80M253.80M383.91M449.06M456.49M494.78M322.20M
Gross Margin34.55%33.04%33.04%32.52%31.88%31.74%35.11%22.39%
Operating Expense247.32M215.05M215.05M373.34M443.71M440.47M435.87M223.70M
Operating Income19.38M38.75M38.75M10.57M5.34M16.02M58.91M98.50M
Operating Margin2.51%5.04%5.04%0.89%0.38%1.11%4.18%6.85%
EBITDA45.67M54.78M38.80M127.67M91.33M99.25M182.12M124.90M
EBITDA Margin5.92%7.13%5.05%10.81%6.48%6.90%12.92%8.68%
Net Income-30.50M-16.17M-16.17M20.55M-392.00K-24.94M15.97M800.00K
Net Income Margin-3.95%-2.11%-2.11%1.74%-0.03%-1.73%1.13%0.06%
Interest Expense45.72M46.29M48.39M34.71M44.42M60.59M44.86M43.10M
Interest Expense % of Total Revenue5.92%6.03%6.30%2.94%3.15%4.21%3.18%3.00%

Balance Sheet

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets443.31M778.55M2.60B2.72B2.84B2.75B2.73B2.79B
Total Liabilities15.60M811.90M1.21B1.28B1.39B1.36B1.34B1.45B
Total Equity427.72M-26.04M552.91M679.71M703.15M669.50M702.45M713.70M
Cash944.89K15.05M46.83M41.90M72.93M52.02M56.14M120.40M
Total Debt-679.91M812.05M909.01M992.46M985.34M940.82M1.17B
Net Debt-944.89K664.86M765.22M867.11M919.52M933.32M884.68M1.05B

Cash Flow

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow15.75M27.99M29.70M48.39M48.19M76.64M106.17M112.20M
Investing Cash Flow-2.17M-115.88M-703.40M-136.10M-76.07M-48.49M74.96M-86.90M
Financing Cash Flow-16.37M96.03M231.52M82.78M58.91M-49.05M-177.01M39.00M
Capital Expenditure13.04M20.00M21.72M33.50M87.97M55.72M98.64M102.80M
Free Cash Flow2.71M8.00M7.97M14.89M-39.77M20.92M7.53M9.40M
Dividends Paid10.16M11.46M9.38M11.91M17.16M18.55M21.72M22.30M
FCF to OCF17.20%28.57%26.86%30.77%-82.53%27.29%7.09%8.38%
Dividend Paid to FCF375.08%143.33%117.66%79.97%-43.14%88.68%288.61%237.23%

Earnings

Report DateDec 31, 2018Mar 31, 2019Aug 9, 2019Nov 12, 2019Mar 12, 2020May 8, 2020Jul 29, 2020Nov 5, 2020Mar 18, 2021May 13, 2021Aug 12, 2021Nov 10, 2021Mar 3, 2022May 12, 2022Aug 11, 2022Nov 10, 2022Mar 2, 2023May 11, 2023Aug 10, 2023Nov 9, 2023Feb 29, 2024May 2, 2024Aug 1, 2024Oct 31, 2024Feb 26, 2025May 1, 2025Jul 31, 2025Oct 30, 2025Feb 12, 2026May 6, 2026Aug 5, 2026Oct 29, 2026Nov 6, 2026
EPS Estimate------0.080.120.090.140.140.160.150.090.120.140.120.100.120.160.160.130.160.200.190.150.180.230.250.140.190.230.24
EPS Actual0.03-0.060.040.030.030.100.100.160.330.130.130.180.110.110.130.160.150.110.130.170.160.140.190.210.220.160.170.230.260.150.19-0.10
Surprise------18.75%33.33%266.67%-7.14%-7.14%12.50%-26.67%22.22%8.33%14.29%25.00%10.00%8.33%6.25%0.00%7.69%18.75%5.00%14.70%6.67%-5.56%0.00%4.00%7.14%0.00%--58.33%
Timing----After-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap1.26B
Enterprise Value2.23B
Trailing P/E0.00
Forward P/E17.36
Price / Sales0.87
Price / Book1.81
EPS-0.44
Book Value7.62
Revenue (TTM)1.44B
Gross Profit (TTM)349.40M
EBITDA83.90M
Profit Margin-2.67%
Operating Margin3.79%
Return on Equity-4.07%
Return on Assets-0.14%
Shares Outstanding88.61M
Shares Float73.12M
Beta0.78
Dividend Yield1.77%
Dividend Rate0.25
Payout Ratio36.00%

Analyst Ratings

Hold
Based on 10 analystsTarget 14.31
  • Buy
    1
  • Hold
    9

Ownership Breakdown

Institutions
86.19%
Insiders
17.42%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    6.12M6.91%
  • Vanguard Portfolio Management, LLC
    4.07M4.59%
  • JPMorgan Chase & Co
    3.47M3.92%
  • Vanguard Capital Management, LLC
    3.27M3.69%
  • Arnhold & S. Bleichroeder Advisers, LLC
    2.64M2.98%
  • Two Sigma Investments LLC
    2.42M2.73%
  • The Colony Group LLC
    2.39M2.70%
  • The Goldman Sachs Group Inc
    2.09M2.36%
  • Geode Capital Management, LLC
    1.98M2.24%
  • Diamond Hill Capital Management, LLC
    1.88M2.12%
  • State Street Corp
    1.84M2.08%
  • Systematic Financial Management LP
    1.64M1.85%
  • Ameriprise Financial Inc
    1.58M1.78%
  • Jennison Associates LLC
    1.52M1.72%
  • GW&K Investment Management, LLC
    1.50M1.69%
  • D. E. Shaw & Co LP
    1.48M1.67%
  • Citadel Advisors Llc
    1.32M1.49%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    2.28M2.57%
  • iShares Russell 2000 ETF
    1.86M2.10%
  • Vanguard Small Cap Index
    1.60M1.80%

Dividends

20263×
0.06Sep 21, 20260.06Jun 22, 20260.06Apr 13, 2026
20254×
0.06Dec 15, 20250.06Sep 15, 20250.06Jun 16, 20250.07Apr 7, 2025
20244×
0.06Dec 16, 20240.07Sep 16, 20240.08Jun 17, 20240.06Apr 12, 2024
20234×
0.06Dec 15, 20230.06Sep 15, 20230.06Jun 16, 20230.06Apr 14, 2023
20224×
0.06Dec 16, 20220.05Sep 16, 20220.05Jun 16, 20220.05Apr 14, 2022
20214×
0.05Dec 17, 20210.05Sep 17, 20210.05Jun 18, 20210.05Apr 16, 2021
20201×
0.06Dec 18, 2020