What is Treehouse Foods's earnings per share (EPS)?

Treehouse Foods (THS) reported diluted earnings per share of $0.51 for fiscal year 2024. This represents a -45.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Treehouse Foods (THS) Financials

THS

Trailing 12 months to September 30, 2025

Revenue $3.3B -0.7% YoY

Net Income -$241.8M -895.1% YoY

EPS (Diluted) -$4.84 -929.8% YoY

Operating Cash Flow $233.7M +100.4% YoY

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2025, ended Sep 30, 2025 Reported Nov 10, 2025 Currency USD FYE December

Newest figures come from the 10-Q for Q3 FY2025, filed Nov 10, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the THS SEC filings page.

Treehouse Foods (THS) reported $3.3B in revenue over the twelve months to Sep 30, 2025, down 0.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI THS FY2024 2026-08-30

Thin-margin economics make Treehouse Foods sensitive to modest sales pressure, while cash conversion reshapes leverage.

FY2024 operating cash flow reached $265.8M while net income was only $26.9M, a gap that makes the business look more cash-generative than its income statement suggests. The difference is consistent with depreciation and amortization plus working-capital movements, so earnings alone understate the cash produced in the year.

Revenue was lower in FY2024 than FY2023, while gross margin moved from 16.8% to 16.4%; the core product economics weakened slightly rather than collapsing. Operating margin then fell from 4.3% to 3.1%, indicating operating costs magnified the modest gross-margin pressure.

Total equity fell from $1.66B to $1.55B while debt was broadly unchanged; the balance sheet therefore carried a thinner equity cushion. Debt-to-equity rose from 0.8x to 0.9x, showing leverage increased mainly because the denominator shrank, not because borrowing accelerated.

Financial Health Signals

Financial Health Score 29/100

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 Treehouse Foods'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.

Profitability

Treehouse Foods has an operating margin of 3.1%, meaning the company retains $3 of operating profit per $100 of revenue. This results in a moderate score of 37/100, indicating healthy but not exceptional operating efficiency. This is down from 4.3% the prior year.

Growth

Treehouse Foods's revenue declined 2.3% year-over-year, from $3.4B to $3.4B. This contraction results in a growth score of 33/100.

Leverage

Treehouse Foods has elevated debt relative to equity (D/E of 0.90), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 14/100, reflecting increased financial risk.

Liquidity

Treehouse Foods's current ratio of 1.36 indicates adequate short-term liquidity, earning a score of 36/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Returns

Treehouse Foods's ROE of 1.7% shows moderate profitability relative to equity, earning a score of 36/100. This is down from 3.2% the prior year.

Altman Z-Score Distress

1.23

Treehouse Foods scores 1.23, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

5/9

Treehouse Foods 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.

Earnings Quality Cash-Backed

9.88x

For every $1 of reported earnings, Treehouse Foods generates $9.88 in operating cash flow ($265.8M OCF vs $26.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk

1.63x

Treehouse Foods earns $1.63 in operating income for every $1 of interest expense ($103.1M vs $63.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$840.3M

YoY+0.1%

QoQ+5.3%

5Y CAGR-4.3%

10Y CAGR+0.5%

Treehouse Foods generated $840.3M in revenue in Q3 2025. This represents an increase of 0.1% from the same quarter a year earlier. Against the prior quarter it is up 5.3%.

EBITDA

-$212.4M

YoY-410.1%

QoQ-406.1%

Treehouse Foods's EBITDA was -$212.4M in Q3 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 410.1% from the same quarter a year earlier. Against the prior quarter it is down 406.1%.

Net Income

-$265.8M

YoY-7717.6%

QoQ-9065.5%

Treehouse Foods reported -$265.8M in net income in Q3 2025. This represents a decrease of 7717.6% from the same quarter a year earlier. Against the prior quarter it is down 9065.5%.

EPS (Diluted)

-$5.26

YoY-7414.3%

QoQ-8666.7%

Treehouse Foods earned -$5.26 per diluted share (EPS) in Q3 2025. This represents a decrease of 7414.3% from the same quarter a year earlier. Against the prior quarter it is down 8666.7%.

Cash & Balance Sheet

Cash & Debt

$21.0M

YoY-79.4%

QoQ+22.8%

5Y CAGR-43.5%

10Y CAGR-0.9%

Treehouse Foods held $21.0M in cash against $1.5B in long-term debt as of Q3 2025.

Shares Outstanding

51M

YoY-1.4%

QoQ0.0%

5Y CAGR-2.2%

10Y CAGR+1.6%

Treehouse Foods had 51M shares outstanding in Q3 2025. This represents a decrease of 1.4% from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q3 2025.

Dividends Per Share

Not reported for Q3 2025.

Margins & Returns

Gross Margin

18.8%

YoY+3.1pp

QoQ+1.4pp

5Y CAGR+0.8pp

10Y CAGR-1.1pp

Treehouse Foods's gross margin was 18.8% in Q3 2025, indicating the percentage of revenue retained after direct costs. This is up 3.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.4 percentage points.

Operating Margin

-30.2%

YoY-34.0pp

QoQ-33.7pp

Treehouse Foods's operating margin was -30.2% in Q3 2025, reflecting core business profitability. This is down 34.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 33.7 percentage points.

Net Margin

-31.6%

YoY-31.2pp

QoQ-31.3pp

5Y CAGR-32.8pp

10Y CAGR-35.2pp

Treehouse Foods's net profit margin was -31.6% in Q3 2025, showing the share of revenue converted to profit. This is down 31.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 31.3 percentage points.

Return on Equity

-21.1%

YoY-20.8pp

QoQ-20.9pp

5Y CAGR-21.7pp

10Y CAGR-22.6pp

Treehouse Foods's ROE was -21.1% in Q3 2025, measuring profit generated per dollar of shareholder equity. This is down 20.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 20.9 percentage points.

Capital Allocation

Share Buybacks

Treehouse Foods repurchased no shares in Q3 2025.

R&D Spending

Not reported for Q3 2025.

Capital Expenditures

Not reported for Q3 2025.

THS 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.

THS quarterly income statement

Metric	TTM	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Revenue	$3.3B	$3.4B-2.3%	$3.4B+4.1%	$3.3B+17.2%	$2.8B-6.0%	$3.0B-30.2%	$4.3B-26.2%	$5.8B-7.8%	$6.3B+2.1%	$6.2B+92.6%	$3.2B+8.8%	$2.9B+28.4%	$2.3B+5.1%	$2.2B+6.4%	$2.0B+12.8%	$1.8B
Cost of Revenue	$2.7B	$2.8B-1.7%	$2.9B+2.9%	$2.8B+18.4%	$2.3B-4.4%	$2.4B-29.9%	$3.5B-5.5%	$3.7B-4.6%	$3.9B-23.3%	$5.0B+97.1%	$2.6B+9.5%	$2.3B+28.7%	$1.8B+5.2%	$1.7B+9.6%	$1.6B+13.8%	$1.4B
Gross Profit	$589.2M	$548.4M-4.8%	$576.1M+10.3%	$522.4M+10.8%	$471.6M-13.4%	$544.7M-31.6%	$796.8M-10.7%	$892.2M-8.8%	$978.1M-13.1%	$1.1B+74.8%	$644.3M+6.2%	$606.6M+27.6%	$475.5M+4.8%	$453.9M-4.1%	$473.3M+9.7%	$431.3M
R&D Expenses	N/A	$13.9M+6.9%	$13.0M+4.8%	$12.4M-8.8%	$13.6M+11.5%	$12.2M-35.1%	$18.8M-2.1%	$19.2M-30.9%	$27.8M-6.1%	$29.6M+107.0%	$14.3M+11.7%	$12.8M-26.9%	$17.5M+57.7%	$11.1M+9.9%	$10.1M-3.8%	$10.5M
SG&A Expenses	$194.3M	$198.0M-3.0%	$204.1M-1.2%	$206.5M+11.5%	$185.2M-18.0%	$225.9M-55.7%	$510.1M-14.0%	$592.9M-5.8%	$629.2M-15.5%	$744.8M+117.7%	$342.2M+2.6%	$333.4M+30.2%	$256.1M+6.8%	$239.8M-1.8%	$244.2M+7.4%	$227.2M
Operating Income	-$151.8M	$103.1M-29.8%	$146.9M+1265.9%	-$12.6M+71.5%	-$44.2M-1737.0%	$2.7M+116.8%	-$16.1M-119.3%	$83.4M+5.3%	$79.2M+182.9%	-$95.5M-139.8%	$239.7M+9.9%	$218.2M+22.4%	$178.2M+0.8%	$176.8M-6.1%	$188.3M+6.6%	$176.6M
EBITDA	N/A	$250.2M-13.4%	$288.8M+127.4%	$127.0M+28.0%	$99.2M-34.3%	$151.1M-22.3%	$194.5M-37.0%	$308.6M-1.1%	$312.1M+61.9%	$192.8M-46.7%	$361.8M+8.3%	$334.1M+16.5%	$286.8M+4.3%	$275.0M+1.4%	$271.3M+10.1%	$246.3M
Interest Expense	$81.6M	$63.4M-15.2%	$74.8M+7.0%	$69.9M-3.1%	$72.1M-22.1%	$92.6M-9.6%	$102.4M-2.8%	$105.4M-13.9%	$122.4M+2.7%	$119.2M+162.0%	$45.5M+8.2%	$42.0M-14.7%	$49.3M-4.5%	$51.6M-2.8%	$53.1M+16.2%	$45.7M
Income Tax	-$1.3M	$6.2M-74.6%	$24.4M+136.9%	$10.3M+158.5%	-$17.6M+71.2%	-$61.1M-34.3%	-$45.5M-299.1%	-$11.4M+91.8%	-$139.8M-521.1%	$33.2M-41.0%	$56.3M+20.6%	$46.7M+23.1%	$37.9M+5.8%	$35.8M-21.0%	$45.4M-0.2%	$45.5M
Net Income	-$241.8M	$26.9M-49.3%	$53.1M+136.3%	-$146.3M-1070.4%	-$12.5M-190.6%	$13.8M+103.8%	-$361.0M-460.6%	-$64.4M+77.0%	-$279.5M-22.3%	-$228.6M-299.0%	$114.9M+27.8%	$89.9M+3.3%	$87.0M-1.6%	$88.4M-6.4%	$94.4M+3.8%	$90.9M
EPS (Basic)	N/A	$0.52-45.3%	$0.95+136.4%	-$2.61-1086.4%	-$0.22-191.7%	$0.24+103.7%	-$6.42-458.3%	-$1.15+76.5%	-$4.89-19.3%	-$4.10-253.6%	$2.67+17.1%	$2.28-4.6%	$2.39-2.0%	$2.44-7.6%	$2.64+1.9%	$2.59
EPS (Diluted)	-$4.84	$0.51-45.7%	$0.94+136.0%	-$2.61-1086.4%	-$0.22-191.7%	$0.24+103.7%	-$6.42-458.3%	-$1.15+76.3%	-$4.85-18.3%	-$4.10-255.9%	$2.63+17.9%	$2.23-4.3%	$2.33-2.1%	$2.38-7.0%	$2.56+2.0%	$2.51
Diluted Shares (Avg)	N/A	53M-6.7%	56M+0.7%	56M+0.2%	56M-1.1%	57M+0.5%	56M+0.4%	56M-2.8%	58M+3.4%	56M+27.5%	44M+8.6%	40M+7.6%	37M+0.7%	37M+0.5%	37M+2.2%	36M

Metric	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-Q	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K
Revenue	$840.3M+0.1%	$798.0M+1.2%	$792.0M-3.5%	$905.7M-0.6%	$839.1M-2.8%	$788.5M-1.9%	$820.7M-3.9%	$910.8M-4.8%
Cost of Revenue	$682.4M-3.6%	$658.8M-0.2%	$676.8M-4.5%	$728.8M	$707.9M-2.5%	$660.2M-1.5%	$708.7M+1.2%	N/A
Gross Profit	$157.9M+20.4%	$139.2M+8.5%	$115.2M+2.9%	$176.9M+16.5%	$131.2M-4.6%	$128.3M-3.7%	$112.0M-27.1%	$151.8M-13.3%
SG&A Expenses	$45.3M-1.5%	$51.3M-5.4%	$55.7M-0.2%	$42.0M	$46.0M-3.2%	$54.2M+0.6%	$55.8M+4.5%	N/A
Operating Income	-$254.1M-899.1%	$27.3M+782.5%	-$5.5M-5.8%	$80.5M	$31.8M-5.4%	-$4.0M-113.2%	-$5.2M-112.7%	N/A
EBITDA	-$212.4M-410.1%	$69.4M+115.5%	$35.9M+14.3%	$118.1M	$68.5M-1.6%	$32.2M-50.4%	$31.4M-58.7%	N/A
Interest Expense	$23.9M+49.4%	$22.2M+42.3%	$19.3M+23.7%	$16.2M	$16.0M-23.4%	$15.6M-18.8%	$15.6M-12.4%	N/A
Income Tax	-$1.7M-88.9%	-$2.7M+35.7%	-$11.8M-227.8%	$14.9M	-$900K-124.3%	-$4.2M-146.7%	-$3.6M-149.3%	N/A
Net Income	-$265.8M-7717.6%	-$2.9M+82.6%	-$31.8M-171.8%	$58.7M+682.7%	-$3.4M-147.9%	-$16.7M-171.7%	-$11.7M-177.0%	$7.5M+132.1%
EPS (Basic)	-$5.26-7414.3%	-$0.06+81.3%	-$0.63-186.4%	$1.12+700.0%	-$0.07-153.8%	-$0.32-178.0%	-$0.22-181.5%	$0.14+133.3%
EPS (Diluted)	-$5.26-7414.3%	-$0.06+81.3%	-$0.63-186.4%	$1.11+692.9%	-$0.07-153.8%	-$0.32-178.0%	-$0.22-181.5%	$0.14+134.1%
Diluted Shares (Avg)	51M-2.7%	51M-3.4%	50M-6.5%	N/A	52M-8.0%	52M-7.9%	54M-5.1%	N/A

Not reported in any period shown, so not listed: R&D Expenses.

THS Balance Sheet

THS quarterly balance sheet

Metric	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Total Assets	$4.0B-3.1%	$4.1B-3.5%	$4.3B-18.3%	$5.2B-5.1%	$5.5B+6.7%	$5.1B-8.7%	$5.6B-2.6%	$5.8B-11.7%	$6.5B+76.8%	$3.7B-4.0%	$3.9B+41.8%	$2.7B+7.7%	$2.5B+5.0%	$2.4B+0.6%	$2.4B
Current Assets	$1.0B-4.3%	$1.1B+25.7%	$839.4M-61.5%	$2.2B+52.8%	$1.4B+17.2%	$1.2B-27.3%	$1.7B+13.0%	$1.5B-4.9%	$1.6B+84.2%	$847.2M-7.3%	$913.9M+40.7%	$649.7M+10.4%	$588.4M+25.6%	$468.4M+6.3%	$440.8M
Cash & Equivalents	$289.6M-9.6%	$320.3M+644.9%	$43.0M-85.9%	$304.5M-16.5%	$364.6M+80.2%	$202.3M+23.1%	$164.3M+23.7%	$132.8M+113.8%	$62.1M+77.9%	$34.9M-32.9%	$52.0M+11.9%	$46.5M-50.8%	$94.4M+2779.1%	$3.3M-48.1%	$6.3M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0-100.0%	$14.1M+35.6%	$10.4M+24.0%	$8.4M-8.3%	$9.1M	$0	$0	$0	$0
Inventory	$539.3M+1.0%	$534.0M-3.6%	$554.0M+20.0%	$461.6M-22.9%	$598.6M+10.0%	$544.0M-11.6%	$615.6M-33.0%	$918.3M-6.1%	$978.0M+67.4%	$584.1M-1.7%	$594.1M+46.4%	$405.7M+16.8%	$347.4M+5.5%	$329.4M+14.6%	$287.4M
Accounts Receivable	$375.0M+9.1%	$343.8M-1.0%	$347.1M-2.9%	$357.3M+25.7%	$284.3M+17.0%	$243.0M+37.3%	$177.0M+137.3%	$74.6M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.8B-0.3%	$1.8B+0.4%	$1.8B-0.2%	$1.8B0.0%	$1.8B-13.5%	$2.1B0.0%	$2.1B-3.0%	$2.2B-22.2%	$2.8B+69.2%	$1.6B-1.1%	$1.7B+49.0%	$1.1B+4.3%	$1.1B+0.4%	$1.1B-0.7%	$1.1B
Total Liabilities	$2.4B-0.4%	$2.4B-4.9%	$2.6B-23.7%	$3.4B-7.1%	$3.6B+9.4%	$3.3B-4.6%	$3.5B-1.3%	$3.5B-13.0%	$4.0B+118.8%	$1.8B-12.0%	$2.1B+45.0%	$1.4B+7.5%	$1.3B+1.2%	$1.3B-5.8%	$1.4B
Current Liabilities	$744.9M+5.8%	$704.3M-14.9%	$827.8M-28.5%	$1.2B+16.9%	$990.7M+21.8%	$813.4M-2.9%	$837.6M+39.6%	$599.8M-13.5%	$693.2M+151.6%	$275.5M-11.1%	$309.9M+28.9%	$240.4M+28.5%	$187.0M+9.1%	$171.5M-15.7%	$203.4M
Non-Current Liabilities	$1.7B-3.0%	$1.7B-0.1%	$1.7B-21.1%	$2.2B-16.2%	$2.6B+5.4%	$2.5B-5.2%	$2.6B-9.8%	$2.9B-12.9%	$3.3B+113.0%	$1.6B-12.1%	$1.8B+48.2%	$1.2B+4.1%	$1.2B0.0%	$1.2B-4.2%	$1.2B
Long-Term Debt	$1.4B+0.4%	$1.4B+0.1%	$1.4B-26.2%	$1.9B-14.1%	$2.2B+5.1%	$2.1B-9.0%	$2.3B-9.4%	$2.5B-6.9%	$2.7B+123.0%	$1.2B-15.0%	$1.4B+53.1%	$938.9M+4.5%	$898.1M-0.5%	$902.9M-7.5%	$976.5M
Total Equity	$1.5B-7.0%	$1.7B-1.3%	$1.7B-8.6%	$1.8B-1.1%	$1.9B+1.9%	$1.8B-15.2%	$2.2B-5.4%	$2.3B-9.3%	$2.5B+35.7%	$1.9B+5.4%	$1.8B+38.2%	$1.3B+8.0%	$1.2B+9.8%	$1.1B+9.8%	$978.0M
Retained Earnings	-$222.0M+10.8%	-$248.9M+17.6%	-$302.0M-94.0%	-$155.7M-8.7%	-$143.2M+8.8%	-$157.0M-177.0%	$204.0M-17.0%	$245.9M-53.8%	$532.1M-30.1%	$760.7M+17.8%	$645.8M+16.2%	$555.9M+18.5%	$469.0M+23.2%	$380.6M+33.0%	$286.2M

Metric	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-Q	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K
Total Assets	$3.8B-4.9%	$4.0B+3.6%	$3.9B-0.9%	$4.0B-3.1%	$4.0B-8.1%	$3.9B-10.9%	$4.0B-6.9%	$4.1B-3.5%
Current Assets	$968.6M-3.1%	$908.1M-2.2%	$775.5M-18.8%	$1.0B-4.3%	$999.5M+19.6%	$928.3M+6.1%	$955.3M+14.8%	$1.1B+25.7%
Cash & Equivalents	$21.0M-79.4%	$17.1M-83.8%	$16.4M-91.4%	$289.6M-9.6%	$102.0M+417.8%	$105.8M+526.0%	$191.8M+1213.7%	$320.3M+644.9%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$668.2M+8.2%	$634.8M+7.2%	$589.2M+8.6%	$539.3M+1.0%	$617.3M-0.2%	$592.4M-12.0%	$542.3M-13.6%	$534.0M-3.6%
Accounts Receivable	$221.7M-8.2%	$213.3M-7.5%	$282.5M+16.2%	$375.0M+9.1%	$241.5M-24.2%	$230.6M-24.5%	$243.2M-26.1%	$343.8M-1.0%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.6B-12.2%	$1.9B+3.8%	$1.9B+3.6%	$1.8B-0.3%	$1.8B0.0%	$1.8B-0.1%	$1.8B+0.3%	$1.8B+0.4%
Total Liabilities	$2.5B+4.0%	$2.5B+7.0%	$2.4B+2.3%	$2.4B-0.4%	$2.4B-7.9%	$2.4B-11.0%	$2.4B-7.7%	$2.4B-4.9%
Current Liabilities	$748.8M+4.6%	$720.2M+11.5%	$680.7M+8.2%	$744.9M+5.8%	$716.2M-0.8%	$645.7M-6.7%	$629.3M-19.0%	$704.3M-14.9%
Non-Current Liabilities	$1.8B+3.8%	$1.8B+5.2%	$1.7B+0.2%	$1.7B-3.0%	$1.7B-10.5%	$1.7B-12.5%	$1.7B-2.8%	$1.7B-0.1%
Long-Term Debt	$1.5B+6.2%	$1.5B+7.0%	$1.4B+1.5%	$1.4B+0.4%	$1.4B-9.7%	$1.4B-12.3%	$1.4B-2.5%	$1.4B+0.1%
Total Equity	$1.3B-18.7%	$1.5B-1.6%	$1.5B-5.5%	$1.5B-7.0%	$1.6B-8.4%	$1.6B-10.7%	$1.6B-5.7%	$1.7B-1.3%
Retained Earnings	-$522.5M-86.1%	-$256.7M+7.4%	-$253.8M+2.6%	-$222.0M+10.8%	-$280.7M-9.5%	-$277.3M-5.2%	-$260.6M+9.1%	-$248.9M+17.6%

THS Cash Flow Statement

THS quarterly cash flow statement

Metric	TTM	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Operating Cash Flow	$233.7M	$265.8M+69.0%	$157.3M+204.4%	-$150.7M-146.4%	$324.9M-22.0%	$416.7M+35.4%	$307.7M-39.2%	$505.8M0.0%	$506.0M+5.7%	$478.6M+64.7%	$290.6M+26.6%	$229.6M+5.9%	$216.7M+5.9%	$204.6M+31.1%	$156.1M-36.2%	$244.7M
Depreciation & Amortization	N/A	$147.1M+3.7%	$141.9M+1.6%	$139.6M-2.6%	$143.4M-3.4%	$148.4M-29.5%	$210.6M-6.5%	$225.2M-3.3%	$232.9M-19.2%	$288.3M+136.1%	$122.1M+5.3%	$115.9M+6.7%	$108.6M+10.6%	$98.2M+18.3%	$83.0M+19.0%	$69.8M
Stock-Based Compensation	N/A	$19.1M-23.0%	$24.8M+25.3%	$19.8M+39.4%	$14.2M-41.8%	$24.4M+8.0%	$22.6M-26.4%	$30.7M+8.9%	$28.2M-5.7%	$29.9M+30.6%	$22.9M-8.6%	$25.1M+55.5%	$16.1M+25.7%	$12.8M-15.1%	$15.1M-4.6%	$15.8M
Capital Expenditures	N/A	N/A	$137.0M+59.7%	$85.8M+23.1%	$69.7M-2.5%	$71.5M-41.7%	$122.7M-20.8%	$155.0M+14.4%	$135.5M-22.7%	$175.2M+141.0%	$72.7M-17.9%	$88.6M+18.4%	$74.8M+6.4%	$70.3M+2.6%	$68.5M+73.3%	$39.5M
Free Cash Flow	N/A	N/A	$20.3M+108.6%	-$236.5M-192.7%	$255.2M-26.1%	$345.2M+86.6%	$185.0M-47.3%	$350.8M-5.3%	$370.5M+22.1%	$303.4M+39.2%	$217.9M+54.6%	$141.0M-0.7%	$141.9M+5.7%	$134.3M+53.4%	$87.5M-57.3%	$205.1M
Investing Cash Flow	-$329.5M	-$138.3M-161.0%	$226.7M-45.0%	$412.0M+2552.4%	-$16.8M+94.9%	-$332.4M-388.1%	-$68.1M+57.7%	-$160.9M-0.7%	-$159.8M	N/A	N/A	N/A	-$306.9M-180.6%	-$109.4M-47.2%	-$74.3M+91.8%	-$906.1M
Financing Cash Flow	$13.8M	-$159.3M-48.2%	-$107.5M+79.4%	-$522.7M-44.3%	-$362.3M-589.6%	$74.0M+135.8%	-$206.9M+33.5%	-$311.0M-11.7%	-$278.3M	N/A	N/A	N/A	$45.7M+866.4%	-$6.0M+92.9%	-$83.5M-112.6%	$662.6M
Share Buybacks	$61.0M	$149.7M+49.7%	$100.0M	$0-100.0%	$25.0M0.0%	$25.0M	$0-100.0%	$54.6M+90.2%	$28.7M	$0	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-Q	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K
Operating Cash Flow	$38.2M-7.7%	-$47.2M-143.3%	-$53.5M-2.1%	$296.2M+101.5%	$41.4M-31.1%	-$19.4M-2.6%	-$52.4M-69.6%	$147.0M+501.6%
Depreciation & Amortization	$41.7M+13.6%	$42.1M+16.3%	$41.4M+13.1%	$37.6M+3.9%	$36.7M+1.9%	$36.2M+4.6%	$36.6M+4.3%	$36.2M+0.6%
Stock-Based Compensation	$4.8M+6.7%	$4.8M-9.4%	$5.6M-1.8%	N/A	$4.5M-25.0%	$5.3M-10.2%	$5.7M-20.8%	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	$22.8M-3.8%	$28.3M-7.5%	$62.7M+98.4%
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	-$42.2M+0.9%	-$80.7M-31.2%	$84.3M+223.6%
Investing Cash Flow	-$22.9M+43.5%	-$27.4M-26.9%	-$231.1M-722.4%	-$48.1M-113.3%	-$40.5M-205.7%	-$21.6M+84.6%	-$28.1M+12.2%	$360.5M-28.5%
Financing Cash Flow	-$13.4M-204.5%	$78.0M+272.9%	$11.2M+123.4%	-$62.0M+69.9%	-$4.4M+95.3%	-$45.1M-128.1%	-$47.8M-247.1%	-$206.2M+58.8%
Share Buybacks	$0	$0-100.0%	$0-100.0%	$61.0M+22.0%	$0-100.0%	$44.8M	$43.9M	$50.0M

Not reported in any period shown, so not listed: Dividends Paid.

THS 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.

THS quarterly financial ratios

Metric	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Gross Margin	16.4%-0.4pp	16.8%+0.9pp	15.8%-0.9pp	16.8%-1.4pp	18.2%-0.4pp	18.6%+3.2pp	15.3%-0.2pp	15.5%-2.7pp	18.2%-1.8pp	20.1%-0.5pp	20.6%-0.1pp	20.7%-0.1pp	20.8%-2.3pp	23.1%-0.7pp	23.7%
Operating Margin	3.1%-1.2pp	4.3%+4.7pp	-0.4%+1.2pp	-1.6%-1.7pp	0.1%+0.5pp	-0.4%-1.8pp	1.4%+0.2pp	1.3%+2.8pp	-1.6%-9.0pp	7.5%+0.1pp	7.4%-0.4pp	7.8%-0.3pp	8.1%-1.1pp	9.2%-0.5pp	9.7%
Net Margin	0.8%-0.8pp	1.6%+6.0pp	-4.4%-4.0pp	-0.4%-0.9pp	0.5%+8.9pp	-8.4%-7.3pp	-1.1%+3.3pp	-4.4%-0.7pp	-3.7%-7.3pp	3.6%+0.5pp	3.0%-0.7pp	3.8%-0.3pp	4.0%-0.6pp	4.6%-0.4pp	5.0%
Return on Equity	1.7%-1.4pp	3.2%+11.9pp	-8.7%-8.0pp	-0.7%-1.4pp	0.7%+20.5pp	-19.7%-16.7pp	-3.0%+9.3pp	-12.2%-3.2pp	-9.1%-15.3pp	6.2%+1.1pp	5.1%-1.7pp	6.8%-0.7pp	7.5%-1.3pp	8.8%-0.5pp	9.3%
Return on Assets	0.7%-0.6pp	1.3%+4.7pp	-3.4%-3.2pp	-0.2%-0.5pp	0.3%+7.3pp	-7.0%-5.9pp	-1.1%+3.7pp	-4.8%-1.3pp	-3.5%-6.6pp	3.1%+0.8pp	2.3%-0.9pp	3.2%-0.3pp	3.5%-0.4pp	3.9%+0.1pp	3.8%
Current Ratio	1.36-0.1x	1.50+0.5x	1.01-0.9x	1.89+0.4x	1.44-0.1x	1.50-0.5x	2.00-0.5x	2.48+0.2x	2.25-0.8x	3.08+0.1x	2.95+0.2x	2.70-0.4x	3.15+0.4x	2.73+0.6x	2.17
Debt-to-Equity	0.90+0.1x	0.840.0x	0.83-0.2x	1.02-0.2x	1.180.0x	1.14+0.1x	1.060.0x	1.110.0x	1.08+0.4x	0.66-0.2x	0.82+0.1x	0.740.0x	0.76-0.1x	0.84-0.2x	1.00
Asset Turnover	0.840.0x	0.84+0.1x	0.78+0.2x	0.540.0x	0.55-0.3x	0.83-0.2x	1.03-0.1x	1.09+0.1x	0.94+0.1x	0.87+0.1x	0.76-0.1x	0.840.0x	0.860.0x	0.85+0.1x	0.76
FCF Margin	N/A	0.6%+7.8pp	-7.2%-16.2pp	9.1%-2.5pp	11.5%+7.2pp	4.3%-1.7pp	6.0%+0.2pp	5.9%+1.0pp	4.9%-1.9pp	6.8%+2.0pp	4.8%-1.4pp	6.2%0.0pp	6.2%+1.9pp	4.3%-7.0pp	11.3%

Metric	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-Q	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K
Gross Margin	18.8%+3.1pp	17.4%+1.2pp	14.5%+0.9pp	19.5%+2.9pp	15.6%-0.3pp	16.3%-0.3pp	13.7%-4.3pp	16.7%-1.6pp
Operating Margin	-30.2%-34.0pp	3.4%+3.9pp	-0.7%-0.1pp	8.9%	3.8%-0.1pp	-0.5%-4.3pp	-0.6%-5.4pp	N/A
Net Margin	-31.6%-31.2pp	-0.4%+1.8pp	-4.0%-2.6pp	6.5%+5.7pp	-0.4%-1.2pp	-2.1%-5.0pp	-1.4%-3.2pp	0.8%+3.3pp
Return on Equity	-21.1%-20.8pp	-0.2%+0.9pp	-2.1%-1.4pp	3.8%+3.3pp	-0.2%-0.6pp	-1.1%-2.4pp	-0.7%-1.6pp	0.4%+1.8pp
Return on Assets	-7.0%-7.0pp	-0.1%+0.4pp	-0.8%-0.5pp	1.5%+1.3pp	-0.1%-0.3pp	-0.4%-1.0pp	-0.3%-0.7pp	0.2%+0.7pp
Current Ratio	1.29-0.1x	1.26-0.2x	1.14-0.4x	1.36-0.1x	1.40+0.2x	1.44+0.2x	1.52+0.4x	1.50+0.5x
Debt-to-Equity	1.18+0.3x	0.98+0.1x	0.93+0.1x	0.90+0.1x	0.900.0x	0.900.0x	0.870.0x	0.840.0x
Asset Turnover	0.220.0x	0.200.0x	0.200.0x	0.230.0x	0.210.0x	0.200.0x	0.210.0x	0.220.0x
FCF Margin	N/A	N/A	N/A	N/A	N/A	-5.3%-0.1pp	-9.8%-2.6pp	9.3%+16.4pp

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
Treehouse Foods THS	FY2024	$3.4B	$26.9M	0.8%	$1.2B	29/100
Herbalife HLF	FY2025	$5.0B	$228.3M	4.5%	$1.3B	46/100
Seneca Foods Corp SENEB	FY2026	N/A	$114.7M	N/A	$1.4B	—
Seneca Foods Corp SENEA	FY2026	N/A	$114.7M	N/A	$1.3B	—
John B. Sanfilippo & Son JBSS	FY2026	$1.2B	$61.9M	5.3%	$846.7M	62/100
Utz Brands Inc UTZ	FY2025	$1.4B	$800K	0.1%	$1.3B	29/100

Where Treehouse Foods Ranks

Frequently Asked Questions

What is Treehouse Foods's annual revenue?

Treehouse Foods (THS) reported $3.4B in total revenue for fiscal year 2024. This represents a -2.3% 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 Treehouse Foods's revenue growing?

Treehouse Foods (THS) revenue declined by 2.3% year-over-year, from $3.4B to $3.4B in fiscal year 2024.

Is Treehouse Foods profitable?

Yes, Treehouse Foods (THS) reported a net income of $26.9M in fiscal year 2024, with a net profit margin of 0.8%.

What is Treehouse Foods's EBITDA?

Treehouse Foods (THS) had EBITDA of $250.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Treehouse Foods have?

As of fiscal year 2024, Treehouse Foods (THS) had $289.6M in cash and equivalents against $1.4B in long-term debt.

What is Treehouse Foods's gross margin?

Treehouse Foods (THS) had a gross margin of 16.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Treehouse Foods's operating margin?

Treehouse Foods (THS) had an operating margin of 3.1% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Treehouse Foods's net profit margin?

Treehouse Foods (THS) had a net profit margin of 0.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Treehouse Foods's return on equity (ROE)?

Treehouse Foods (THS) has a return on equity of 1.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Treehouse Foods's operating cash flow?

Treehouse Foods (THS) generated $265.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Treehouse Foods's total assets?

Treehouse Foods (THS) had $4.0B in total assets as of fiscal year 2024, including both current and long-term assets.

How much does Treehouse Foods spend on research and development?

Treehouse Foods (THS) invested $13.9M in research and development during fiscal year 2024.

Does Treehouse Foods buy back shares?

Yes, Treehouse Foods (THS) spent $149.7M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Treehouse Foods have outstanding?

Treehouse Foods (THS) had 50M shares outstanding as of fiscal year 2024.

What is Treehouse Foods's current ratio?

Treehouse Foods (THS) had a current ratio of 1.36 as of fiscal year 2024, which is considered adequate.

What is Treehouse Foods's debt-to-equity ratio?

Treehouse Foods (THS) had a debt-to-equity ratio of 0.90 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Treehouse Foods's return on assets (ROA)?

Treehouse Foods (THS) had a return on assets of 0.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Treehouse Foods's Altman Z-Score?

Treehouse Foods (THS) has an Altman Z-Score of 1.23, placing it in the Distress Zone (elevated bankruptcy 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 Treehouse Foods's Piotroski F-Score?

Treehouse Foods (THS) 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 Treehouse Foods's earnings high quality?

Treehouse Foods (THS) has an earnings quality ratio of 9.88x, 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 Treehouse Foods cover its interest payments?

Treehouse Foods (THS) has an interest coverage ratio of 1.63x, meaning it can struggle to 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 Treehouse Foods?

Treehouse Foods (THS) scores 29 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.