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Utz Brands Inc Financials

UTZ
Source SEC Filings (10-K/10-Q) Updated Dec 28, 2025 Currency USD FYE December

This page shows Utz Brands Inc (UTZ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 33 / 100
Financial Profile 33/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
25

Utz Brands Inc has an operating margin of 1.4%, meaning the company retains $1 of operating profit per $100 of revenue. This below-average margin results in a low score of 25/100, suggesting thin profitability after operating expenses. This is down from 4.2% the prior year.

Growth
37

Utz Brands Inc's revenue grew a modest 2.1% year-over-year to $1.4B. This slow but positive growth earns a score of 37/100.

Leverage
79

Utz Brands Inc carries a low D/E ratio of 1.15, meaning only $1.15 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 79/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
19

Utz Brands Inc's current ratio of 1.19 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 19/100, which could limit financial flexibility.

Cash Flow
27

While Utz Brands Inc generated $112.2M in operating cash flow, capex of $102.8M consumed most of it, leaving $9.4M in free cash flow. This results in a low score of 27/100, reflecting heavy capital investment rather than weak cash generation.

Returns
11

Utz Brands Inc generates a 0.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 11/100. This is down from 2.3% the prior year.

Altman Z-Score Distress
0.60

Utz Brands Inc scores 0.60, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Neutral
4/9

Utz Brands Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
140.25x

For every $1 of reported earnings, Utz Brands Inc generates $140.25 in operating cash flow ($112.2M OCF vs $800K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk
0.5x

Utz Brands Inc earns $0.5 in operating income for every $1 of interest expense ($19.5M vs $43.1M). 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
$1.4B
YoY+2.1%
5Y CAGR+13.3%

Utz Brands Inc generated $1.4B in revenue in fiscal year 2025. This represents an increase of 2.1% from the prior year.

EBITDA
$101.9M
YoY-21.5%
5Y CAGR+15.4%

Utz Brands Inc's EBITDA was $101.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 21.5% from the prior year.

Net Income
$800K
YoY-95.0%

Utz Brands Inc reported $800K in net income in fiscal year 2025. This represents a decrease of 95.0% from the prior year.

EPS (Diluted)
$0.01
YoY-94.7%

Utz Brands Inc earned $0.01 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 94.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$9.4M
YoY+23.7%
5Y CAGR+28.3%

Utz Brands Inc generated $9.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 23.7% from the prior year.

Cash & Debt
$120.4M
YoY+114.6%
5Y CAGR+163.7%

Utz Brands Inc held $120.4M in cash against $818.2M in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
N/A

Margins & Returns

Gross Margin
24.9%
YoY-1.3pp
5Y CAGR-9.6pp

Utz Brands Inc's gross margin was 24.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.3 percentage points from the prior year.

Operating Margin
1.4%
YoY-2.8pp
5Y CAGR-1.2pp

Utz Brands Inc's operating margin was 1.4% in fiscal year 2025, reflecting core business profitability. This is down 2.8 percentage points from the prior year.

Net Margin
0.1%
YoY-1.1pp
5Y CAGR+4.0pp

Utz Brands Inc's net profit margin was 0.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 1.1 percentage points from the prior year.

Return on Equity
0.1%
YoY-2.2pp
5Y CAGR+610.1pp

Utz Brands Inc's ROE was 0.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.2 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$102.8M
YoY+4.3%
5Y CAGR+51.1%

Utz Brands Inc invested $102.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 4.3% from the prior year.

UTZ Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $342.2M-9.4% $377.8M+3.0% $366.7M+4.2% $352.1M+3.3% $341.0M-6.7% $365.5M+2.6% $356.2M+2.8% $346.5M
Cost of Revenue $253.1M-11.6% $286.3M+5.5% $271.4M+0.6% $269.7M+6.2% $253.9M-4.9% $267.1M+2.3% $261.1M+1.2% $258.0M
Gross Profit $89.1M-2.6% $91.5M-4.0% $95.3M+15.7% $82.4M-5.4% $87.1M-11.5% $98.4M+3.5% $95.1M+7.5% $88.5M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses N/A $123.1M+3.0% $119.5M+5.6% $113.2M N/A $110.0M+5.2% $104.6M-4.4% $109.4M
Operating Income N/A $3.3M-48.4% $6.4M+12.8% $5.7M N/A $19.5M-13.3% $22.5M+133.0% $9.7M
Interest Expense N/A $10.6M-7.0% $11.4M-0.6% $11.5M N/A $12.6M+23.5% $10.2M-26.3% $13.8M
Income Tax N/A $13.4M+518.8% -$3.2M-412.0% -$625K N/A $200K+115.4% -$1.3M-104.9% $26.5M
Net Income N/A -$14.7M-240.0% $10.5M+40.0% $7.5M N/A -$2.2M-111.1% $19.8M+596.2% -$4.0M
EPS (Diluted) N/A $-0.17-241.7% $0.12+33.3% $0.09 N/A $-0.03-113.0% $0.23+560.0% $-0.05

UTZ Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $2.8B+0.6% $2.8B-2.1% $2.8B+2.1% $2.8B+2.1% $2.7B+3.0% $2.6B-0.2% $2.7B+0.9% $2.6B
Current Assets $384.4M+15.3% $333.4M-14.6% $390.5M+13.4% $344.4M+8.5% $317.3M-7.9% $344.4M-2.8% $354.4M+7.8% $328.8M
Cash & Equivalents $120.4M+108.7% $57.7M+5.7% $54.6M-13.0% $62.7M+11.9% $56.1M-13.5% $64.9M-2.5% $66.6M+41.6% $47.0M
Inventory $119.3M+5.7% $112.9M-10.0% $125.5M+16.7% $107.6M+6.1% $101.4M-0.2% $101.6M+0.9% $100.7M-3.7% $104.6M
Accounts Receivable $100.8M-24.4% $133.3M-17.4% $161.3M+19.5% $135.0M+12.6% $119.9M-9.8% $132.9M-3.7% $138.0M+2.0% $135.2M
Goodwill $865.2M-0.6% $870.7M0.0% $870.7M0.0% $870.7M+0.6% $865.2M-0.6% $870.7M0.0% $870.7M0.0% $870.7M
Total Liabilities $2.1B+1.4% $2.1B-2.6% $2.1B+2.6% $2.1B+1.4% $2.0B+3.5% $2.0B-0.3% $2.0B+0.5% $2.0B
Current Liabilities $323.2M+17.9% $274.1M-9.6% $303.3M+16.0% $261.5M-8.3% $285.3M0.0% $285.4M+36.3% $209.5M-11.0% $235.3M
Long-Term Debt $818.2M-0.8% $824.8M-2.1% $842.7M+1.5% $830.5M+10.4% $752.5M-1.6% $764.8M-2.6% $785.5M+6.7% $736.2M
Total Equity $713.7M-1.6% $725.3M-0.8% $731.2M+0.8% $725.6M+4.1% $696.9M+1.6% $685.7M0.0% $686.0M+2.2% $671.1M
Retained Earnings -$326.6M-2.6% -$318.4M-6.7% -$298.4M+1.7% -$303.7M+0.3% -$304.7M-1.0% -$301.8M-2.7% -$293.8M+4.3% -$306.8M

UTZ Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $64.9M+26.8% $51.2M+213.8% $16.3M+180.7% -$20.2M-137.3% $54.2M+3.8% $52.2M+488.8% $8.9M+197.8% -$9.1M
Capital Expenditures $13.6M-42.1% $23.5M-12.7% $26.9M-30.6% $38.8M+2.9% $37.7M+63.2% $23.1M-4.4% $24.2M+77.3% $13.6M
Free Cash Flow $51.3M+85.2% $27.7M+361.6% -$10.6M+82.1% -$59.0M-457.7% $16.5M-43.3% $29.1M+290.1% -$15.3M+32.6% -$22.7M
Investing Cash Flow $8.3M+134.7% -$23.9M+21.8% -$30.6M+25.0% -$40.7M+0.9% -$41.1M-65.1% -$24.9M-46.4% -$17.0M-110.8% $158.0M
Financing Cash Flow -$10.5M+56.6% -$24.2M-494.3% $6.1M-90.9% $67.6M+408.5% -$21.9M+24.5% -$29.0M-204.4% $27.8M+118.0% -$154.0M
Dividends Paid $5.4M+1.9% $5.3M-14.5% $6.2M+14.8% $5.4M-6.9% $5.8M-10.8% $6.5M+36.1% $4.8M+3.2% $4.6M
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

UTZ Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 26.0%+1.8pp 24.2%-1.8pp 26.0%+2.6pp 23.4%-2.1pp 25.5%-1.4pp 26.9%+0.2pp 26.7%+1.2pp 25.5%
Operating Margin N/A 0.9%-0.9pp 1.8%+0.1pp 1.6% N/A 5.3%-1.0pp 6.3%+3.5pp 2.8%
Net Margin N/A -3.9%-6.8pp 2.9%+0.7pp 2.1% N/A -0.6%-6.2pp 5.6%+6.7pp -1.1%
Return on Equity N/A -2.0%-3.5pp 1.4%+0.4pp 1.0% N/A -0.3%-3.2pp 2.9%+3.5pp -0.6%
Return on Assets N/A -0.5%-0.9pp 0.4%+0.1pp 0.3% N/A -0.1%-0.8pp 0.8%+0.9pp -0.1%
Current Ratio 1.19-0.0 1.22-0.1 1.29-0.0 1.32+0.2 1.11-0.1 1.21-0.5 1.69+0.3 1.40
Debt-to-Equity 1.150.0 1.14-0.0 1.150.0 1.14+0.1 1.08-0.0 1.12-0.0 1.15+0.0 1.10
FCF Margin 15.0%+7.7pp 7.3%+10.2pp -2.9%+13.9pp -16.8%-21.6pp 4.8%-3.1pp 8.0%+12.3pp -4.3%+2.3pp -6.6%

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Frequently Asked Questions

Utz Brands Inc (UTZ) reported $1.4B in total revenue for fiscal year 2025. This represents a 2.1% 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.

Utz Brands Inc (UTZ) revenue grew by 2.1% year-over-year, from $1.4B to $1.4B in fiscal year 2025.

Yes, Utz Brands Inc (UTZ) reported a net income of $800K in fiscal year 2025, with a net profit margin of 0.1%.

Utz Brands Inc (UTZ) reported diluted earnings per share of $0.01 for fiscal year 2025. This represents a -94.7% 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.

Utz Brands Inc (UTZ) had EBITDA of $101.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Utz Brands Inc (UTZ) had $120.4M in cash and equivalents against $818.2M in long-term debt.

Utz Brands Inc (UTZ) had a gross margin of 24.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Utz Brands Inc (UTZ) had an operating margin of 1.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Utz Brands Inc (UTZ) had a net profit margin of 0.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Utz Brands Inc (UTZ) has a return on equity of 0.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Utz Brands Inc (UTZ) generated $9.4M in free cash flow during fiscal year 2025. This represents a 23.7% 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.

Utz Brands Inc (UTZ) generated $112.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Utz Brands Inc (UTZ) had $2.8B in total assets as of fiscal year 2025, including both current and long-term assets.

Utz Brands Inc (UTZ) invested $102.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Utz Brands Inc (UTZ) had a current ratio of 1.19 as of fiscal year 2025, which is considered adequate.

Utz Brands Inc (UTZ) had a debt-to-equity ratio of 1.15 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Utz Brands Inc (UTZ) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Utz Brands Inc (UTZ) has an Altman Z-Score of 0.60, 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.

Utz Brands Inc (UTZ) has a Piotroski F-Score of 4 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Utz Brands Inc (UTZ) has an earnings quality ratio of 140.25x, 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.

Utz Brands Inc (UTZ) has an interest coverage ratio of 0.5x, 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.

Utz Brands Inc (UTZ) scores 33 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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