BellRing Brands, Inc. (BRBR) Key Metrics
BRBR valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.10B
- Enterprise value
- $2.07B
- P/E (TTM)
- 6.6 10-yr median 33.0
- Forward P/E
- 6.0
- PEG ratio
- —
- Price / sales
- 0.5 10-yr median 1.7
- Price / book
- 1.7
- EV / EBITDA
- 6.2 10-yr median 14.1
- Dividend yield
- —
- Beta
- 0.51
BRBR key metrics, FY2016–FY2025
Fiscal year ended September 30, 2025 · U.S. dollarsBRBR valuation Price multiples at each fiscal year-end price.
BRBR returns How much profit the business earns on the capital it uses.
BRBR per-share figures Results divided by the shares outstanding at year-end.
BRBR financial health Debt, liquidity and how easily interest is covered.
BRBR efficiency & capital use Working capital cycle and where the cash goes.
BRBR valuation history
BRBR returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BRBR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BRBR cash returned to shareholders
BRBR price vs earnings per share
BRBR key metrics
FY2016–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $4.67B | $8.03B | $5.53B | $1.93B | $1.21B | $819.2M | — | — | — | — |
| Enterprise value | $5.70B | $8.80B | $6.35B | $2.83B | $1.67B | $1.47B | — | — | — | — |
| P/E ratio | 21.6 | 32.6 | 33.4 | 23.5 | 44.0 | 34.9 | — | — | — | — |
| Price / sales | 2.0 | 4.0 | 3.3 | 1.4 | 1.0 | 0.8 | — | — | — | — |
| Price / free cash flow | 18.3 | 40.6 | 25.9 | 100.7 | 5.4 | 8.6 | — | — | — | — |
| Price / operating cash flow | 17.9 | 40.2 | 25.6 | 92.1 | 5.4 | 8.4 | — | — | — | — |
| EV / sales | 2.5 | 4.4 | 3.8 | 2.1 | 1.3 | 1.5 | — | — | — | — |
| EV / EBITDA | 15.1 | 20.7 | 20.1 | 13.1 | 7.6 | 7.8 | — | — | — | — |
| EV / free cash flow | 22.3 | 44.5 | 29.7 | 147.3 | 7.4 | 15.5 | — | — | — | — |
| Earnings yield | 4.6% | 3.1% | 3.0% | 4.3% | 2.3% | 2.9% | — | — | — | — |
| Free cash flow yield | 5.5% | 2.5% | 3.9% | 1.0% | 18.5% | 11.6% | — | — | — | — |
| Dividend yield | — | — | — | — | 2.0% | 3.9% | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 10.2% | 1.8% | 2.3% | 2.2% | 2.0% | 3.9% | — | — | — | — |
| Share price at fiscal year-end | $36.35 | $60.72 | $41.23 | $20.61 | $30.75 | $20.74 | — | — | — | — |
| Per share | ||||||||||
| Revenue per share | $18.03 | $15.09 | $12.43 | $14.62 | $31.57 | $25.02 | $21.67 | $24.14 | $20.80 | $16.76 |
| Earnings per share | $1.68 | $1.86 | $1.23 | $0.88 | $0.70 | $0.59 | $3.12 | $2.80 | $1.03 | $0.58 |
| Operating cash flow per share | $2.03 | $1.51 | $1.61 | $0.22 | $5.72 | $2.46 | $2.49 | $4.12 | $2.34 | $1.19 |
| Free cash flow per share | $1.99 | $1.50 | $1.59 | $0.20 | $5.68 | $2.41 | $2.41 | $3.97 | $2.23 | $1.06 |
| Cash per share | $0.69 | $0.54 | $0.36 | $0.38 | $3.86 | $1.23 | $0.14 | $0.32 | $0.23 | — |
| Book value per share | −$3.53 | −$1.56 | −$2.41 | −$4.01 | −$77.54 | −$55.26 | $12.34 | $13.17 | $14.13 | — |
| Tangible book value per share | −$5.02 | −$3.13 | −$4.22 | −$6.88 | −$84.86 | −$63.87 | $3.14 | $1.96 | $2.25 | — |
| Dividends per share | — | — | — | — | $0.62 | $0.81 | $2.54 | — | — | — |
| Capex per share | $0.04 | $0.01 | $0.01 | $0.02 | $0.04 | $0.05 | $0.08 | $0.15 | $0.11 | $0.13 |
| Debt per share | $8.67 | $6.35 | $6.45 | $9.93 | $15.40 | $17.71 | $0.01 | $0.03 | $0.06 | — |
| Shares outstanding | 128.5M | 132.3M | 134.1M | 93.8M | 39.5M | 39.5M | 39.4M | 34.3M | 34.3M | 34.3M |
| Change in shares outstanding | −2.9% | −1.3% | +43.0% | +137.5% | 0.0% | +0.2% | +15.0% | 0.0% | 0.0% | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | — | — | — | — | — | — | 26.2% | 20.5% | 7.3% | — |
| Return on invested capital (ROIC) | 47.2% | 55.0% | 42.6% | — | — | — | 26.7% | 20.9% | 10.3% | — |
| Return on assets (ROA) | 24.3% | 32.3% | 23.7% | 11.7% | 4.1% | 3.8% | 21.3% | 16.8% | 6.0% | — |
| Return on tangible assets | 28.8% | 39.2% | 36.9% | 18.8% | 6.8% | 7.5% | 53.0% | 54.7% | 20.0% | — |
| Free cash flow margin | 11.0% | 9.9% | 12.8% | 1.4% | 18.0% | 9.6% | 11.1% | 16.5% | 10.7% | 6.3% |
| Income quality (OCF / net income) | 1.21 | 0.81 | 1.30 | 0.26 | 8.19 | 4.14 | 0.80 | 1.47 | 2.28 | 2.05 |
| Financial health | ||||||||||
| Total debt | $1.11B | $839.6M | $865.0M | $931.4M | $608.4M | $699.6M | $400,000 | $1.0M | $1.9M | — |
| Cash & short-term investments | $89.1M | $71.1M | $48.4M | $35.8M | $152.6M | $48.7M | $5.5M | $10.9M | $7.8M | — |
| Net debt | $1.02B | $768.5M | $816.6M | $895.6M | $455.8M | $650.9M | −$5.1M | −$9.9M | −$5.9M | — |
| Debt / equity | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | — |
| Debt / assets | 1.18 | 1.00 | 1.25 | 1.32 | 0.87 | 1.07 | 0.00 | 0.00 | 0.00 | — |
| Net debt / EBITDA | 2.73 | 1.81 | 2.59 | 4.14 | 2.07 | 3.44 | −0.03 | −0.07 | −0.05 | — |
| Current ratio | 2.35 | 2.91 | 2.82 | 2.94 | 1.54 | 1.90 | 2.37 | 1.74 | 2.16 | — |
| Quick ratio | 1.18 | 1.51 | 1.53 | 1.54 | 1.08 | 0.91 | 0.88 | 1.08 | 1.05 | — |
| Interest coverage | 5.2 | 6.7 | 4.3 | 4.3 | 3.9 | 3.0 | — | — | — | — |
| Working capital | $382.7M | $389.0M | $274.0M | $277.8M | $136.8M | $137.1M | $126.8M | $69.4M | $89.2M | — |
| Invested capital | $570.8M | $562.6M | $493.1M | $519.4M | −$2.61B | −$1.53B | $481.3M | $441.8M | $478.5M | — |
| Tangible asset value | −$644.8M | −$413.6M | −$566.2M | −$645.4M | −$354.5M | −$501.2M | $124.0M | $67.1M | $77.0M | — |
| Net current asset value | −$729.4M | −$450.2M | −$590.9M | −$662.1M | −$373.9M | −$524.3M | $111.4M | $55.0M | $67.0M | — |
| Graham number | — | — | — | — | — | — | $29.44 | $28.82 | $18.07 | — |
| Graham net-net per share | −$7.57 | −$5.01 | −$5.54 | −$8.72 | −$11.96 | −$15.90 | $0.45 | −$0.05 | −$0.03 | — |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | $24.6M | $32.1M | $100.2M | — | — | — |
| Share buybacks (net) | $474.9M | $146.6M | $125.5M | $42.8M | $0 | $0 | — | — | — | — |
| Dividend payout ratio | — | — | — | — | 89.1% | 136.6% | 81.4% | — | — | — |
| Dividends + buybacks / free cash flow | 185.6% | 74.1% | 58.7% | 222.9% | 11.0% | 33.8% | 105.4% | — | — | — |
| Capex / revenue | 0.2% | 0.1% | 0.1% | 0.1% | 0.1% | 0.2% | 0.4% | 0.6% | 0.5% | 0.8% |
| Capex / operating cash flow | 1.8% | 0.9% | 0.8% | 8.6% | 0.7% | 2.2% | 3.3% | 3.5% | 4.9% | 10.8% |
| Capex / depreciation | 0.25 | 0.05 | 0.06 | 0.08 | 0.03 | 0.08 | 0.13 | 0.19 | 0.15 | 0.18 |
| Stock-based compensation / revenue | 1.0% | 1.1% | 0.9% | 0.7% | 0.4% | 0.3% | 0.4% | 0.2% | 4.3% | 4.5% |
| R&D / revenue | 0.7% | — | 0.7% | 0.8% | 0.9% | 1.0% | 0.9% | 1.0% | 1.0% | 1.1% |
| SG&A / revenue | 17.1% | 14.3% | 13.0% | 13.8% | 13.4% | 15.4% | 14.9% | 16.3% | 18.4% | 20.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 35.0 | 35.5 | 37.4 | 36.9 | 27.4 | 28.0 | 33.2 | 33.1 | 32.2 | — |
| Days of inventory on hand | 72.8 | 68.0 | 63.3 | 61.1 | 56.9 | 78.3 | 67.2 | 48.9 | 66.9 | — |
| Days payables outstanding | 28.3 | 29.1 | 28.7 | 35.7 | 31.5 | 32.1 | 40.3 | 35.4 | 37.8 | — |
| Cash conversion cycle (days) | 79.4 | 74.4 | 72.0 | 62.3 | 52.8 | 74.2 | 60.1 | 46.6 | 61.4 | — |
| Receivables turnover | 10.44 | 10.27 | 9.76 | 9.90 | 13.34 | 13.05 | 10.98 | 11.02 | 11.32 | — |
| Payables turnover | 12.88 | 12.54 | 12.71 | 10.23 | 11.59 | 11.36 | 9.05 | 10.32 | 9.66 | — |
| Inventory turnover | 5.02 | 5.37 | 5.77 | 5.98 | 6.42 | 4.66 | 5.43 | 7.47 | 5.45 | — |
| Asset turnover | 2.61 | 2.61 | 2.38 | 1.95 | 1.85 | 1.58 | 1.48 | 1.45 | 1.22 | — |
| Average receivables | $221.9M | $194.3M | $170.8M | $138.6M | $93.5M | $75.8M | $77.8M | $75.1M | $63.0M | — |
| Average payables | $120.0M | $102.8M | $89.4M | $92.8M | $74.3M | $59.2M | $60.0M | $53.3M | $48.4M | — |
| Average inventory | $308.2M | $240.2M | $197.1M | $158.8M | $134.2M | $144.3M | $99.9M | $73.7M | $85.7M | — |
| Intangibles / total assets | 20.3% | 24.8% | 35.1% | 38.1% | 41.5% | 52.1% | 61.0% | 68.6% | 69.9% | — |
Computed from BRBR's annual financial statements (latest annual report filed November 18, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BRBR valuation and financial ratios
At the end of fiscal 2025 (September 30, 2025), BellRing Brands traded at 21.6 times earnings, against a 10-year median of 33.0. Based on the latest twelve months, the trailing P/E is 6.6 and the forward P/E is 6.0. BellRing Brands earned a return on invested capital of 47.2% in fiscal 2025. It ended the year with $1.1 billion of debt and $89.1 million in cash and short-term investments, net debt of $1.0 billion. It returned $474.9 million to shareholders: $0 in dividends and $474.9 million in share buybacks, 186% of free cash flow. The share count rose 274.8% from 34.3M to 128.5M over 9 years.
See the BRBR income statement, the BRBR chart for price history, or the BRBR stock overview for the latest quote and news.
BRBR key metrics FAQ
What is BellRing Brands's P/E ratio?
BellRing Brands's trailing P/E ratio is 6.6 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 6.0. At the end of fiscal 2025 it was 21.6, compared with a 10-year median of 33.0.
What is BellRing Brands's EV/EBITDA?
BellRing Brands's enterprise value was 15.1 times EBITDA at the end of fiscal 2025 (enterprise value $5.7 billion, EBITDA $376.0 million); the current EV/EBITDA is 6.2.
What is BellRing Brands's ROIC?
BellRing Brands's return on invested capital was 47.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does BellRing Brands have?
BellRing Brands had total debt of $1.1 billion at the end of fiscal 2025 and $1.0 billion of net debt (2.73 times EBITDA).
Does BellRing Brands buy back its shares?
Yes. BellRing Brands spent $474.9 million on net share repurchases in fiscal 2025 Shares outstanding changed −2.9% over the year, to 128.5M..
What is BellRing Brands's free cash flow yield?
BellRing Brands generated $255.9 million of free cash flow in fiscal 2025, a free cash flow yield of 5.5% on its market value at year-end ($4.7 billion).
What is BellRing Brands's current ratio?
BellRing Brands's current ratio was 2.35 at the end of fiscal 2025: current assets were 2.35 times current liabilities.