B&G Foods, Inc. (BGS) Balance Sheet
BGS balance sheet, 2025
December 31, 2025 · U.S. dollars$2.83B assets = $2.38B liabilities + $453.2M equity
Both columns are drawn to the same scale: what BGS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BGS financial health
Descriptive bands, not a rating. Fiscal 2025.
BGS balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.04B2016 | $2.83B2025 | −0.8%/yr | |
| Total liabilities | $2.26B2016 | $2.38B2025 | +0.6%/yr | |
| Shareholders’ equity | $785.7M2016 | $453.2M2025 | −5.9%/yr | |
| Cash & short-term investments | $28.8M2016 | $56.3M2025 | +7.7%/yr | |
| Total debt | $1.73B2016 | $2.00B2025 | +1.7%/yr | |
| Net cash (debt) | −$1.70B2016 | −$1.95B2025 | −$248.2M | |
| Working capital | $336.2M2016 | $562.8M2025 | +$226.6M | |
| Book value per share | $12.392016 | $5.682025 | −8.3%/yr | |
| Current ratio | 2.632016 | 3.532025 | +0.89 | |
| Debt / equity | 2.202016 | 4.422025 | +2.22 | |
| Shares outstanding | 63.4M2016 | 79.8M2025 | +2.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BGS assets
BGS liabilities and equity
BGS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BGS balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $56.3M | $50.6M | $41.1M | $45.4M | $33.7M | $52.2M | $11.3M | $11.6M | $206.5M | $28.8M |
| Cash & equivalents | $56.3M | $50.6M | $41.1M | $45.4M | $33.7M | $52.2M | $11.3M | $11.6M | $206.5M | $28.8M |
| Short-term investments | — | — | — | — | — | — | — | — | $0 | $0 |
| Receivables | $158.0M | $181.3M | $151.0M | $158.0M | $149.6M | $148.7M | $152.8M | $153.1M | $158.2M | $130.1M |
| Inventory | $420.8M | $511.2M | $569.0M | $726.5M | $609.8M | $492.8M | $472.2M | $401.4M | $501.8M | $356.6M |
| Other current assets | $150.5M | $38.3M | $41.7M | $88.9M | $41.4M | $43.6M | $25.4M | $20.0M | $20.1M | $26.4M |
| Total current assets | $785.6M | $781.4M | $802.8M | $1.02B | $834.5M | $737.3M | $661.8M | $586.1M | $886.6M | $541.9M |
| Property, plant & equipment (net) | $253.4M | $334.3M | $374.2M | $386.3M | $406.6M | $404.1M | $343.6M | $282.6M | $272.2M | $245.3M |
| Goodwill & intangible assets | $1.73B | $1.83B | $2.25B | $2.41B | $2.57B | $2.62B | $2.21B | $2.18B | $2.40B | $2.24B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $61.0M | $44.1M | $39.1M | $29.1M | $15.5M | $10.1M | $10.6M | $9.1M | $4.7M | $12.5M |
| Total assets | $2.83B | $2.99B | $3.46B | $3.84B | $3.83B | $3.77B | $3.23B | $3.06B | $3.56B | $3.04B |
| Liabilities | ||||||||||
| Accounts payable | $107.7M | $113.2M | $123.8M | $127.8M | $129.9M | $126.5M | $114.9M | $140.0M | $122.4M | $98.0M |
| Short-term debt | $21.2M | $24.3M | $40.0M | $65.7M | $12.4M | $11.0M | $15.4M | $0 | $2.22B | $10.5M |
| Deferred revenue | — | — | $54.1M | — | — | — | $7.4M | $4.9M | $3.1M | $3.9M |
| Total current liabilities | $222.8M | $236.9M | $262.4M | $271.5M | $244.3M | $245.7M | $216.9M | $258.5M | $201.5M | $205.7M |
| Long-term debt | $1.95B | $2.01B | $2.02B | $2.34B | $2.27B | $2.33B | $1.87B | $1.64B | $2.22B | $1.72B |
| Lease obligations | $51.3M | $56.4M | $72.5M | $69.2M | $68.0M | $35.0M | $41.8M | — | — | — |
| Other long-term liabilities | $213.3M | $217.6M | $341.6M | $361.1M | $396.2M | $356.0M | $324.0M | $263.4M | $261.2M | $336.9M |
| Total liabilities | $2.38B | $2.47B | $2.63B | $2.97B | $2.91B | $2.94B | $2.42B | $2.16B | $2.68B | $2.26B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $800,000 | $791,000 | $786,000 | $717,000 | $685,000 | $643,000 | $640,000 | $656,000 | $665,000 | $664,000 |
| Retained earnings (deficit) | $437.1M | $528.8M | $785.1M | $876.8M | $934.2M | $866.8M | $843.8M | $806.6M | $634.1M | $416.7M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | $15.3M | −$4.7M | $2.6M | −$9.3M | −$18.2M | −$35.6M | −$31.9M | −$23.5M | −$20.8M | −$19.4M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $453.2M | $524.8M | $835.5M | $868.2M | $920.3M | $831.9M | $812.5M | $900.0M | $880.8M | $785.7M |
| Key figures | ||||||||||
| Total debt | $2.00B | $2.08B | $2.12B | $2.46B | $2.34B | $2.37B | $1.92B | $1.64B | $2.22B | $1.73B |
| Net cash (debt) | −$1.95B | −$2.03B | −$2.08B | −$2.41B | −$2.30B | −$2.32B | −$1.91B | −$1.63B | −$2.01B | −$1.70B |
| Working capital | $562.8M | $544.6M | $540.4M | $747.3M | $590.2M | $491.6M | $444.9M | $327.6M | $685.1M | $336.2M |
| Tangible book value | −$1.28B | −$1.31B | −$1.41B | −$1.54B | −$1.65B | −$1.78B | −$1.40B | −$1.28B | −$1.52B | −$1.46B |
| Book value per share | $5.68 | $6.64 | $11.25 | $12.32 | $14.00 | $12.89 | $12.49 | $13.58 | $13.20 | $12.39 |
| Shares outstanding | 79.8M | 79.0M | 74.3M | 70.5M | 65.7M | 64.6M | 65.0M | 66.3M | 66.7M | 63.4M |
| Current ratio | 3.53 | 3.30 | 3.06 | 3.75 | 3.42 | 3.00 | 3.05 | 2.27 | 4.40 | 2.63 |
| Quick ratio | 0.96 | 0.98 | 0.73 | 0.75 | 0.75 | 0.82 | 0.76 | 0.64 | 1.81 | 0.77 |
| Debt / equity | 4.42 | 3.96 | 2.53 | 2.83 | 2.54 | 2.85 | 2.36 | 1.82 | 2.52 | 2.20 |
| Equity / assets | 16.0% | 17.5% | 24.1% | 22.6% | 24.0% | 22.1% | 25.2% | 29.4% | 24.7% | 25.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $591.6M | $64.5M | $56.3M | $60.9M | $54.1M | $61.2M | $50.6M | $54.7M | $40.3M | $42.5M | $41.1M | $359.9M |
| Cash & equivalents | $591.6M | $64.5M | $56.3M | $60.9M | $54.1M | $61.2M | $50.6M | $54.7M | $40.3M | $42.5M | $41.1M | $359.9M |
| Short-term investments | — | — | — | — | — | — | $80.3M | — | — | — | — | — |
| Receivables | $157.0M | $174.4M | $158.0M | $169.1M | $141.5M | $148.0M | $181.3M | $167.8M | $153.9M | $139.3M | $151.0M | $163.8M |
| Inventory | $391.4M | $354.5M | $420.8M | $486.0M | $531.6M | $514.2M | $511.2M | $618.1M | $559.6M | $560.6M | $569.0M | $644.1M |
| Other current assets | $67.1M | $80.2M | $150.5M | $100.9M | $35.3M | $34.8M | $38.3M | $41.9M | $42.8M | $43.0M | $41.7M | $112.9M |
| Total current assets | $1.21B | $673.6M | $785.6M | $816.9M | $762.6M | $758.3M | $781.4M | $882.5M | $796.6M | $785.3M | $802.8M | $1.28B |
| Property, plant & equipment (net) | $279.2M | $282.9M | $253.4M | $304.1M | $308.7M | $321.5M | $334.3M | $339.1M | $352.8M | $363.9M | $374.2M | $373.4M |
| Goodwill & intangible assets | $1.82B | $1.82B | $1.73B | $1.77B | $1.82B | $1.83B | $1.83B | $2.16B | $2.17B | $2.17B | $2.25B | $2.27B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $54.4M | $56.1M | $61.0M | $47.4M | $46.1M | $44.9M | $44.1M | $36.0M | $36.5M | $40.3M | $39.1M | $30.6M |
| Total assets | $3.36B | $2.84B | $2.83B | $2.94B | $2.94B | $2.95B | $2.99B | $3.42B | $3.35B | $3.36B | $3.46B | $3.96B |
| Liabilities | ||||||||||||
| Accounts payable | $124.8M | $123.0M | $107.7M | $165.0M | $148.7M | $141.3M | $113.2M | $175.7M | $126.2M | $132.9M | $123.8M | $182.2M |
| Short-term debt | $529.0M | $20.1M | $21.2M | $19.6M | $21.7M | $23.4M | $24.3M | $284.5M | $284.3M | $40.3M | $40.0M | $571.7M |
| Deferred revenue | — | — | — | — | — | — | −$5.6M | −$79.6M | $240,000 | $630,000 | $475,000 | $1.7M |
| Total current liabilities | $747.0M | $225.2M | $222.8M | $254.9M | $259.8M | $228.6M | $236.9M | $537.6M | $490.0M | $244.2M | $262.4M | $842.9M |
| Long-term debt | $2.01B | $2.00B | $1.95B | $2.02B | $1.98B | $2.00B | $2.01B | $1.81B | $1.78B | $2.01B | $2.02B | $1.93B |
| Lease obligations | $52.9M | $53.0M | $51.3M | $46.4M | $47.3M | $51.9M | $56.4M | $61.0M | $65.6M | $68.6M | $72.5M | $71.1M |
| Other long-term liabilities | $209.0M | $206.9M | $213.3M | $196.6M | $190.8M | $212.0M | $217.6M | $311.5M | $317.5M | $320.9M | $342.3M | $343.1M |
| Total liabilities | $2.96B | $2.43B | $2.38B | $2.47B | $2.44B | $2.44B | $2.47B | $2.66B | $2.59B | $2.58B | $2.63B | $3.12B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $813,000 | $812,000 | $800,000 | $800,000 | $800,000 | $798,000 | $791,000 | $792,000 | $792,000 | $791,000 | $786,000 | $786,000 |
| Retained earnings (deficit) | $381.2M | $389.2M | $437.1M | $465.0M | $495.6M | $516.6M | $528.8M | $756.3M | $748.8M | $744.9M | $785.1M | $782.5M |
| Accumulated other comprehensive income | $13.1M | $13.3M | $15.3M | $5.0M | $5.0M | −$4.3M | −$4.7M | −$10.1M | −$5.9M | $2.7M | $2.6M | −$3.1M |
| Total shareholders' equity | $395.1M | $403.4M | $453.2M | $470.7M | $501.4M | $513.1M | $524.8M | $755.3M | $765.0M | $781.2M | $835.5M | $840.6M |
| Key figures | ||||||||||||
| Total debt | $2.58B | $2.06B | $2.00B | $2.07B | $2.04B | $2.06B | $2.08B | $2.14B | $2.11B | $2.10B | $2.12B | $2.56B |
| Net cash (debt) | −$1.98B | −$1.99B | −$1.95B | −$2.01B | −$1.98B | −$2.00B | −$2.03B | −$2.09B | −$2.07B | −$2.06B | −$2.08B | −$2.20B |
| Working capital | $460.1M | $448.4M | $562.8M | $562.0M | $502.8M | $529.6M | $544.6M | $344.9M | $306.6M | $541.1M | $540.4M | $437.8M |
| Tangible book value | −$1.42B | −$1.42B | −$1.28B | −$1.30B | −$1.32B | −$1.32B | −$1.31B | −$1.41B | −$1.40B | −$1.39B | −$1.41B | −$1.43B |
| Book value per share | $4.87 | $5.03 | $5.67 | $5.88 | $6.28 | $6.44 | $6.63 | $9.51 | $9.64 | $9.93 | $10.63 | $11.29 |
| Shares outstanding | 81.2M | 80.2M | 80.0M | 80.0M | 79.9M | 79.7M | 79.2M | 79.4M | 79.4M | 78.6M | 78.6M | 74.4M |
| Current ratio | 1.62 | 2.99 | 3.53 | 3.20 | 2.93 | 3.32 | 3.30 | 1.64 | 1.63 | 3.22 | 3.06 | 1.52 |
| Quick ratio | 1.00 | 1.06 | 0.96 | 0.90 | 0.75 | 0.91 | 0.98 | 0.41 | 0.40 | 0.74 | 0.73 | 0.62 |
| Debt / equity | 6.52 | 5.10 | 4.42 | 4.40 | 4.06 | 4.01 | 3.96 | 2.83 | 2.76 | 2.69 | 2.53 | 3.04 |
| Equity / assets | 11.8% | 14.2% | 16.0% | 16.0% | 17.1% | 17.4% | 17.5% | 22.1% | 22.8% | 23.2% | 24.1% | 21.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 3, 2026); data from EODHD.
BGS financial position
At the end of fiscal 2025 (December 31, 2025), B&G Foods had total assets of $2.8 billion (down 5.3% from a year earlier), total liabilities of $2.4 billion and shareholders' equity of $453.2 million. It held $56.3 million in cash and short-term investments against $2.0 billion of debt, net debt of $1.9 billion. Its current ratio was 3.53. In the latest quarter (ended June 30, 2026) total assets were $3.4 billion and equity $395.1 million.
Related: BGS income statement, BGS cash flow statement, BGS key metrics. See the BGS stock overview for the latest quote and news.
BGS balance sheet FAQ
What are B&G Foods's total assets?
B&G Foods reported total assets of $2.8 billion at the end of fiscal 2025 (December 31, 2025), compared with $3.0 billion a year earlier.
How much debt does B&G Foods have?
B&G Foods had $2.0 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 4.42.
How much cash does B&G Foods have?
B&G Foods held $56.3 million in cash and short-term investments at the end of fiscal 2025; with $2.0 billion of debt that is net debt of $1.9 billion.
What is B&G Foods's book value?
B&G Foods's shareholders' equity (book value) was $453.2 million at the end of fiscal 2025, or $5.68 per share.
What is B&G Foods's current ratio?
B&G Foods had current assets of $785.6 million and current liabilities of $222.8 million, a current ratio of 3.53 (it can cover its short-term obligations).
How much goodwill does B&G Foods have?
B&G Foods carried $1.7 billion of goodwill and intangible assets, 61.2% of total assets, at the end of fiscal 2025.