Wk Kellogg Company (KLG) Financials
Newest figures come from the 10-Q for Q2 FY2025, filed Aug 7, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the KLG SEC filings page.
Wk Kellogg Company (KLG) reported $2.6B in revenue over the twelve months to Jun 28, 2025, down 4.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
WK Kellogg’s dominant mechanic is margin expansion amid flat sales, while reinvestment and leveraged working capital make cash conversion uneven.
From FY2023 to FY2024, gross margin rose from27.4% to29.7% while revenue slipped, indicating improved economics or mix rather than scale-driven growth. Operating cash flow fell to$107M and free cash flow turned negative at-$22M despite positive earnings, showing that accounting profit did not translate into equivalent cash generation.
Debt-to-equity was 1.4x in FY2024, showing leverage remains material. The current ratio fell to 0.8x, with current liabilities exceeding current assets; short-term funding is therefore tighter than the income statement alone suggests.
SG&A fell from
Financial Health Signals
Scored against operating companies for FY2024. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Wk Kellogg Company's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Wk Kellogg Company has an operating margin of 4.4%, meaning the company retains $4 of operating profit per $100 of revenue. This results in a moderate score of 52/100, indicating healthy but not exceptional operating efficiency. This is up from 3.4% the prior year.
Wk Kellogg Company's revenue declined 2.0% year-over-year, from $2.8B to $2.7B. This contraction results in a growth score of 32/100.
Wk Kellogg Company has a moderate D/E ratio of 1.40. This balance of debt and equity financing earns a leverage score of 31/100.
Wk Kellogg Company's current ratio of 0.75 is below the typical benchmark, resulting in a score of 10/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While Wk Kellogg Company generated $107.0M in operating cash flow, capex of $129.0M consumed most of it, leaving -$22.0M in free cash flow. This results in a low score of 35/100, reflecting heavy capital investment rather than weak cash generation.
Wk Kellogg Company earns a strong 24.7% return on equity (ROE), meaning it generates $25 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 76/100. This is down from 37.1% the prior year.
Wk Kellogg Company scores 2.18, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Wk Kellogg Company passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Wk Kellogg Company generates $1.32 in operating cash flow ($107.0M OCF vs $81.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Wk Kellogg Company earns $4.00 in operating income for every $1 of interest expense ($120.0M vs $30.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Wk Kellogg Company generated $613.0M in revenue in Q2 2025. This represents a decrease of 8.8% from the same quarter a year earlier. Against the prior quarter it is down 7.5%.
Wk Kellogg Company's EBITDA was $32.0M in Q2 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 56.8% from the same quarter a year earlier. Against the prior quarter it is down 30.4%.
Wk Kellogg Company reported $8.0M in net income in Q2 2025. This represents a decrease of 78.4% from the same quarter a year earlier. Against the prior quarter it is down 61.9%.
Wk Kellogg Company earned $0.09 per diluted share (EPS) in Q2 2025. This represents a decrease of 78.6% from the same quarter a year earlier. Against the prior quarter it is down 62.5%.
Cash & Balance Sheet
Wk Kellogg Company recorded an outflow of $39.0M in free cash flow in Q2 2025, representing a cash shortfall after capex. This represents a decrease of 254.5% from the same quarter a year earlier. Against the prior quarter it is up 43.5%.
Wk Kellogg Company held $120.0M in cash against $681.0M in long-term debt as of Q2 2025.
Wk Kellogg Company paid $0.17 per share in dividends in Q2 2025. This represents an increase of 3.1% from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Wk Kellogg Company's gross margin was 27.2% in Q2 2025, indicating the percentage of revenue retained after direct costs. This is down 3.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.9 percentage points.
Wk Kellogg Company's operating margin was 1.6% in Q2 2025, reflecting core business profitability. This is down 6.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.0 percentage points.
Wk Kellogg Company's net profit margin was 1.3% in Q2 2025, showing the share of revenue converted to profit. This is down 4.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.9 percentage points.
Wk Kellogg Company's ROE was 2.3% in Q2 2025, measuring profit generated per dollar of shareholder equity. This is down 8.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.8 percentage points.
Capital Allocation
Wk Kellogg Company invested $64.0M in capex in Q2 2025, funding long-term assets and infrastructure. This represents an increase of 68.4% from the same quarter a year earlier. Against the prior quarter it is up 6.7%.
Not reported for Q2 2025.
Not reported for Q2 2025.
KLG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2510-Q | Q1'2510-Q/A | Q4'2410-K/A | Q3'2410-K/A | Q2'2410-Q | Q1'2410-Q/A | Q4'2310-K/A | Q3'2310-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $613.0M-8.8% | $663.0M-6.2% | $640.0M-1.7% | $689.0M-0.4% | $672.0M-6.7% | $707.0M | $651.0M-7.7% | $692.0M |
| Cost of Revenue | $446.0M-4.9% | $470.0M-6.4% | $442.0M-4.3% | $491.0M-1.0% | $469.0M-13.1% | $502.0M | $462.0M-13.0% | $496.0M |
| Gross Profit | $167.0M-17.7% | $193.0M-5.9% | $198.0M+4.8% | $198.0M+1.0% | $203.0M+12.8% | $205.0M | $189.0M+8.6% | $196.0M |
| SG&A Expenses | $143.0M-4.0% | $155.0M-1.3% | $163.0M-1.2% | $162.0M-9.5% | $149.0M-4.5% | $157.0M | $165.0M-1.2% | $179.0M |
| Operating Income | $10.0M-81.5% | $24.0M-50.0% | $20.0M-16.7% | -$2.0M-111.8% | $54.0M+125.0% | $48.0M | $24.0M+242.9% | $17.0M |
| EBITDA | $32.0M-56.8% | $46.0M-31.3% | $39.0M-4.9% | $18.0M-47.1% | $74.0M+80.5% | $67.0M | $41.0M | $34.0M |
| Interest Expense | $6.0M-25.0% | $3.0M-62.5% | $7.0M-30.0% | $7.0M | $8.0M | $8.0M | $10.0M | $0 |
| Income Tax | $3.0M-76.9% | $5.0M-58.3% | -$7.0M-200.0% | -$3.0M-123.1% | $13.0M+62.5% | $12.0M | $7.0M+16.7% | $13.0M |
| Net Income | $8.0M-78.4% | $21.0M-38.2% | $18.0M+5.9% | -$8.0M-119.0% | $37.0M+54.2% | $34.0M | $17.0M-26.1% | $42.0M |
| EPS (Basic) | $0.09-79.1% | $0.25-37.5% | $0.210.0% | -$0.10-120.4% | $0.43+53.6% | $0.40 | $0.21-22.2% | $0.49 |
| EPS (Diluted) | $0.09-78.6% | $0.24-38.5% | $0.20-4.8% | -$0.10-120.4% | $0.42+50.0% | $0.39 | $0.21-22.2% | $0.49 |
| Diluted Shares (Avg) | 88M0.0% | 88M+1.1% | N/A | 86M0.0% | 88M+2.3% | 87M | N/A | 86M |
Not reported in any period shown, so not listed: R&D Expenses.
KLG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2510-Q | Q1'2510-Q/A | Q4'2410-K/A | Q3'2410-K/A | Q2'2410-Q | Q1'2410-Q/A | Q4'2310-K/A | Q3'2310-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.1B+11.1% | $2.0B+7.4% | $2.0B+4.8% | $1.9B+2.9% | $1.9B | $1.9B | $1.9B | $1.9B |
| Current Assets | $742.0M+12.9% | $670.0M0.0% | $640.0M-9.7% | $622.0M-15.8% | $657.0M | $670.0M | $709.0M | $739.0M |
| Cash & Equivalents | $120.0M+155.3% | $27.0M-62.0% | $47.0M-47.2% | $51.0M-20.3% | $47.0M+4600.0% | $71.0M | $89.0M | $64.0M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $393.0M+5.6% | $389.0M+16.8% | $367.0M+5.5% | $355.0M+8.9% | $372.0M | $333.0M | $348.0M | $326.0M |
| Accounts Receivable | $200.0M-7.8% | $231.0M-5.3% | $199.0M-18.4% | $199.0M-39.5% | $217.0M | $244.0M | $244.0M | $329.0M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $53.0M0.0% | $53.0M0.0% | $53.0M0.0% | $53.0M0.0% | $53.0M | $53.0M | $53.0M | $53.0M |
| Total Liabilities | $1.8B+13.5% | $1.7B+7.6% | $1.7B+4.1% | $1.6B-4.7% | $1.6B | $1.6B | $1.6B | $1.7B |
| Current Liabilities | $749.0M-4.5% | $840.0M+6.1% | $851.0M+1.7% | $778.0M-16.4% | $784.0M | $792.0M | $837.0M | $931.0M |
| Non-Current Liabilities | $1.0B+31.5% | $853.0M+9.1% | $804.0M+6.8% | $814.0M+10.1% | $783.0M | $782.0M | $753.0M | $739.0M |
| Long-Term Debt | $681.0M+42.5% | $502.0M+3.7% | $460.0M-5.5% | $472.0M-3.1% | $478.0M | $484.0M | $487.0M | $487.0M |
| Total Equity | $345.0M0.0% | $341.0M+6.6% | $328.0M+8.6% | $328.0M+67.3% | $345.0M-48.7% | $320.0M | $302.0M-50.8% | $196.0M |
| Retained Earnings | $26.0M-43.5% | $33.0M+43.5% | $27.0M+800.0% | $23.0M | $46.0M | $23.0M | $3.0M | N/A |
KLG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2510-Q | Q1'2510-Q/A | Q4'2410-K/A | Q3'2410-K/A | Q2'2410-Q | Q1'2410-Q/A | Q4'2310-K/A | Q3'2310-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $25.0M-7.4% | -$9.0M-190.0% | $9.0M-96.2% | $61.0M+38.6% | $27.0M-56.5% | $10.0M | $238.0M | $44.0M |
| Depreciation & Amortization | $22.0M+10.0% | $22.0M+15.8% | $19.0M+11.8% | $20.0M+17.6% | $20.0M+17.6% | $19.0M | $17.0M | $17.0M |
| Stock-Based Compensation | N/A | $5.0M+400.0% | N/A | N/A | N/A | $1.0M | N/A | N/A |
| Capital Expenditures | $64.0M+68.4% | $60.0M+566.7% | $33.0M-42.1% | $49.0M+48.5% | $38.0M+22.6% | $9.0M | $57.0M | $33.0M |
| Free Cash Flow | -$39.0M-254.5% | -$69.0M-7000.0% | -$24.0M-113.3% | $12.0M+9.1% | -$11.0M-135.5% | $1.0M | $181.0M | $11.0M |
| Investing Cash Flow | -$64.0M-68.4% | -$60.0M-566.7% | -$35.0M+38.6% | -$47.0M-42.4% | -$38.0M-22.6% | -$9.0M | -$57.0M | -$33.0M |
| Financing Cash Flow | $132.0M+1200.0% | $49.0M+372.2% | $24.0M+115.3% | -$10.0M-119.6% | -$12.0M+60.0% | -$18.0M | -$157.0M | $51.0M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $663.0M |
Not reported in any period shown, so not listed: Share Buybacks.
KLG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2510-Q | Q1'2510-Q/A | Q4'2410-K/A | Q3'2410-K/A | Q2'2410-Q | Q1'2410-Q/A | Q4'2310-K/A | Q3'2310-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.2%-3.0pp | 29.1%+0.1pp | 30.9%+1.9pp | 28.7%+0.4pp | 30.2%+5.2pp | 29.0% | 29.0%+4.4pp | 28.3% |
| Operating Margin | 1.6%-6.4pp | 3.6%-3.2pp | 3.1%-0.6pp | -0.3%-2.8pp | 8.0%+4.7pp | 6.8% | 3.7%+2.7pp | 2.5% |
| Net Margin | 1.3%-4.2pp | 3.2%-1.6pp | 2.8%+0.2pp | -1.2%-7.2pp | 5.5%+2.2pp | 4.8% | 2.6%-0.6pp | 6.1% |
| Return on Equity | 2.3%-8.4pp | 6.2%-4.5pp | 5.5%-0.1pp | -2.4%-23.9pp | 10.7%+7.2pp | 10.6% | 5.6%+1.9pp | 21.4% |
| Return on Assets | 0.4%-1.6pp | 1.0%-0.8pp | 0.9%0.0pp | -0.4%-2.7pp | 1.9% | 1.8% | 0.9% | 2.3% |
| Current Ratio | 0.99+0.2x | 0.800.0x | 0.75-0.1x | 0.800.0x | 0.84 | 0.85 | 0.85 | 0.79 |
| Debt-to-Equity | 1.97+0.6x | 1.470.0x | 1.40-0.2x | 1.44-1.0x | 1.39 | 1.51 | 1.61 | 2.48 |
| Asset Turnover | 0.29-0.1x | 0.330.0x | 0.320.0x | 0.360.0x | 0.35 | 0.37 | 0.34 | 0.37 |
| FCF Margin | -6.4%-4.7pp | -10.4%-10.5pp | -3.8%-31.6pp | 1.7%+0.1pp | -1.6%-5.9pp | 0.1% | 27.8% | 1.6% |
Note: The current ratio is below 1.0 (0.75), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Wk Kellogg Company KLG | FY2024 | $2.7B | $81.0M | 3.0% | $2.0B | 39/100 |
| Utz Brands Inc UTZ | FY2025 | $1.4B | $800K | 0.1% | $1.3B | 29/100 |
| J J Snack Foods JJSF | FY2025 | $1.6B | $65.6M | 4.1% | $1.6B | 63/100 |
| Herbalife HLF | FY2025 | $5.0B | $228.3M | 4.5% | $1.3B | 46/100 |
| Treehouse Foods THS | FY2024 | $3.4B | $26.9M | 0.8% | $1.2B | 29/100 |
Where Wk Kellogg Company Ranks
Frequently Asked Questions
What is Wk Kellogg Company's annual revenue?
Wk Kellogg Company (KLG) reported $2.7B in total revenue for fiscal year 2024. This represents a -2.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Wk Kellogg Company's revenue growing?
Wk Kellogg Company (KLG) revenue declined by 2.0% year-over-year, from $2.8B to $2.7B in fiscal year 2024.
Is Wk Kellogg Company profitable?
Yes, Wk Kellogg Company (KLG) reported a net income of $81.0M in fiscal year 2024, with a net profit margin of 3.0%.
What is Wk Kellogg Company's EBITDA?
Wk Kellogg Company (KLG) had EBITDA of $198.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Wk Kellogg Company have?
As of fiscal year 2024, Wk Kellogg Company (KLG) had $47.0M in cash and equivalents against $460.0M in long-term debt.
What is Wk Kellogg Company's gross margin?
Wk Kellogg Company (KLG) had a gross margin of 29.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Wk Kellogg Company's operating margin?
Wk Kellogg Company (KLG) had an operating margin of 4.4% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Wk Kellogg Company's net profit margin?
Wk Kellogg Company (KLG) had a net profit margin of 3.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Wk Kellogg Company pay dividends?
Yes, Wk Kellogg Company (KLG) paid $0.64 per share in dividends during fiscal year 2024.
What is Wk Kellogg Company's return on equity (ROE)?
Wk Kellogg Company (KLG) has a return on equity of 24.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Wk Kellogg Company's free cash flow?
Wk Kellogg Company (KLG) recorded an outflow of $22.0M in free cash flow during fiscal year 2024. This represents a -108.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Wk Kellogg Company's operating cash flow?
Wk Kellogg Company (KLG) generated $107.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Wk Kellogg Company's total assets?
Wk Kellogg Company (KLG) had $2.0B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Wk Kellogg Company's capital expenditures?
Wk Kellogg Company (KLG) invested $129.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Wk Kellogg Company spend on research and development?
Wk Kellogg Company (KLG) invested $24.0M in research and development during fiscal year 2024.
What is Wk Kellogg Company's current ratio?
Wk Kellogg Company (KLG) had a current ratio of 0.75 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Wk Kellogg Company's debt-to-equity ratio?
Wk Kellogg Company (KLG) had a debt-to-equity ratio of 1.40 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Wk Kellogg Company's return on assets (ROA)?
Wk Kellogg Company (KLG) had a return on assets of 4.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Wk Kellogg Company's Altman Z-Score?
Wk Kellogg Company (KLG) has an Altman Z-Score of 2.18, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Wk Kellogg Company's Piotroski F-Score?
Wk Kellogg Company (KLG) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Wk Kellogg Company's earnings high quality?
Wk Kellogg Company (KLG) has an earnings quality ratio of 1.32x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Wk Kellogg Company cover its interest payments?
Wk Kellogg Company (KLG) has an interest coverage ratio of 4.00x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Wk Kellogg Company?
Wk Kellogg Company (KLG) scores 39 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.