TreeHouse Foods (THS) Financials

$23.06 -0.38 (-1.60%)

As of 10:22 AM Eastern

Annual Income Statements for TreeHouse Foods

This table shows TreeHouse Foods' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	90	115	-229	-280	-64	-361	14	-13	-146	53	27
Consolidated Net Income / (Loss)	90	115	-229	-280	-64	-361	14	-13	-146	53	27
Net Income / (Loss) Continuing Operations	90	115	-229	111	-46	-110	-55	-69	-9.20	59	27
Total Pre-Tax Income	137	171	-195	-29	-58	-156	-116	-86	1.10	83	33
Total Operating Income	218	240	-96	79	83	-16	2.70	-44	-13	147	103
Total Gross Profit	607	644	1,126	978	892	797	545	472	522	576	548
Total Revenue	2,946	3,206	6,175	4,853	4,588	4,289	2,994	2,814	3,297	3,432	3,354
Operating Revenue	2,946	3,206	6,175	4,853	4,588	4,289	2,994	2,814	3,297	3,432	3,354
Total Cost of Revenue	2,339	2,562	5,049	3,875	3,696	3,492	2,450	2,343	2,775	2,856	2,806
Operating Cost of Revenue	2,339	2,562	5,049	3,875	3,696	3,492	2,450	2,343	2,775	2,856	2,806
Total Operating Expenses	388	405	1,222	899	809	813	542	516	535	429	445
Selling, General & Admin Expense	159	162	340	284	264	253	226	185	207	204	198
Marketing Expense	175	181	405	346	329	257	197	199	218	172	153
Amortization Expense	53	61	110	86	80	74	50	47	48	48	49
Other Operating Expenses / (Income)	2.42	1.80	15	125	136	100	69	84	63	5.30	26
Impairment Charge	-	-	352	59	0.00	129	0.00	-	0.00	0.00	19
Total Other Income / (Expense), net	-82	-69	-100	-108	-141	-140	-119	-42	14	-64	-70
Interest Expense	64	46	119	122	112	102	94	87	74	75	63
Interest & Investment Income	0.99	3.00	-	-	-	-	4.80	4.70	16	40	4.20
Other Income / (Expense), net	-19	-26	19	15	-29	-37	-30	40	73	-29	-11
Income Tax Expense	47	56	33	-140	-11	-46	-61	-18	10	24	6.20
Net Income / (Loss) Discontinued Operations	-	-	-	-391	-18	-251	69	56	-137	-5.90	0.00
Basic Earnings per Share	$2.28	$2.67	($4.10)	($4.89)	($1.15)	($6.42)	$0.24	($0.22)	($2.61)	$0.95	$0.52
Weighted Average Basic Shares Outstanding	39.35M	43.10M	55.70M	57.10M	56M	56.20M	56.50M	55.90M	56M	55.80M	52.20M
Diluted Earnings per Share	$2.23	$2.63	($4.10)	($4.85)	($1.15)	($6.42)	$0.24	($0.22)	($2.61)	$0.94	$0.51
Weighted Average Diluted Shares Outstanding	40.24M	43.70M	55.70M	57.60M	56M	56.20M	56.50M	55.90M	56M	56.40M	52.60M
Weighted Average Basic & Diluted Shares Outstanding	39.40M	43M	55.80M	57.10M	55.80M	56.22M	55.89M	55.80M	56.11M	54.10M	50.20M

This table shows TreeHouse Foods' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	-91	-23	15	23	7.10	7.50	-12	-17	-3.40	59
Consolidated Net Income / (Loss)	-91	-23	15	23	7.10	7.50	-12	-17	-3.40	59
Net Income / (Loss) Continuing Operations	-12	44	20	22	9.80	6.40	-12	-17	-3.40	59
Total Pre-Tax Income	-9.20	58	28	31	14	11	-15	-21	-4.30	74
Total Operating Income	-5.70	75	41	30	34	42	-5.20	-4.00	32	81
Total Gross Profit	133	180	154	133	138	152	112	128	131	177
Total Revenue	833	881	854	804	863	911	821	789	839	906
Operating Revenue	833	881	854	804	863	911	821	789	839	906
Total Cost of Revenue	700	702	700	670	726	759	709	660	708	729
Operating Cost of Revenue	700	702	700	670	726	759	709	660	708	729
Total Operating Expenses	139	105	113	103	104	110	117	132	99	96
Selling, General & Admin Expense	52	46	53	54	48	49	56	54	46	42
Marketing Expense	52	50	45	40	45	43	43	36	36	39
Amortization Expense	12	12	12	12	12	12	12	12	12	12
Other Operating Expenses / (Income)	23	-3.60	2.60	-2.80	-0.10	5.60	6.40	11	5.10	3.40
Total Other Income / (Expense), net	-3.50	-17	-13	1.10	-20	-31	-10	-17	-36	-6.90
Interest Expense	18	23	18	19	21	17	16	16	16	16
Other Income / (Expense), net	14	-4.90	-10	9.50	-10	-18	1.50	-1.40	-20	9.30
Income Tax Expense	2.80	14	7.30	9.00	3.70	4.40	-3.60	-4.20	-0.90	15
Basic Earnings per Share	($1.61)	($0.42)	$0.27	$0.41	$0.13	$0.14	($0.22)	($0.32)	($0.07)	$1.13
Weighted Average Basic Shares Outstanding	56.10M	56M	56.10M	56.40M	55.90M	55.80M	53.80M	52.30M	51.90M	52.20M
Diluted Earnings per Share	($1.61)	($0.42)	$0.27	$0.41	$0.13	$0.13	($0.22)	($0.32)	($0.07)	$1.12
Weighted Average Diluted Shares Outstanding	56.10M	56M	56.70M	56.80M	56.40M	56.40M	53.80M	52.30M	51.90M	52.60M
Weighted Average Basic & Diluted Shares Outstanding	56.08M	56.11M	56.31M	56.38M	55.30M	54.10M	52.60M	51.90M	51.20M	50.20M

This table details how cash moves in and out of TreeHouse Foods' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	5.51	-17	27	71	32	38	162	-56	-266	277	-31
Net Cash From Operating Activities	230	291	479	506	506	308	417	325	-151	157	266
Net Cash From Continuing Operating Activities	230	291	479	466	472	264	212	142	-68	157	266
Net Income / (Loss) Continuing Operations	90	115	-229	111	-46	-110	-55	-69	-9.20	59	27
Consolidated Net Income / (Loss)	90	115	-229	-280	-64	-361	14	-13	-146	53	27
Net Income / (Loss) Discontinued Operations	-	-	-	-391	-18	-251	69	56	-137	-5.90	0.00
Depreciation Expense	63	122	288	233	225	211	148	143	140	142	147
Non-Cash Adjustments To Reconcile Net Income	73	51	376	177	42	151	32	31	31	34	53
Changes in Operating Assets and Liabilities, net	-49	3.10	43	-56	252	12	87	36	-229	-77	39
Net Cash From Discontinued Operating Activities	-	-	-	40	34	44	204	183	-83	0.00	0.00
Net Cash From Investing Activities	-1,090	-86	-2,831	-160	-161	-68	-332	-17	412	227	-138
Net Cash From Continuing Investing Activities	-1,090	-86	-2,831	-136	-142	-139	-70	-67	-89	-241	-138
Purchase of Property, Plant & Equipment	-89	-73	-175	-136	-155	-123	-72	-70	-94	-141	-140
Acquisitions	-1,004	-13	-2,656	-26	-22	-24	-30	-15	0.00	-101	0.00
Sale of Property, Plant & Equipment	2.84	0.60	1.70	8.40	5.70	4.80	5.10	0.40	4.80	0.00	1.40
Net Cash From Discontinued Investing Activities	-	-	-	-24	-19	71	-263	50	501	468	0.00
Net Cash From Financing Activities	868	-214	2,378	-278	-311	-207	74	-362	-523	-108	-159
Net Cash From Continuing Financing Activities	868	-214	2,378	-278	-311	-207	74	-362	-522	-108	-159
Repayment of Debt	-1,357	-368	-499	-854	-307	-394	-498	-1,952	-1,373	-2,935	-361
Repurchase of Common Equity	-	-	0.00	-29	-55	0.00	-25	-25	0.00	-100	-150
Issuance of Debt	1,838	152	2,041	677	112	194	600	1,624	856	2,935	360
Other Financing Activities, net	28	1.80	-0.10	-72	-61	-6.90	-2.50	-9.80	-5.40	-7.50	-9.00
Net Cash From Discontinued Financing Activities	-	-	-	0.00	0.00	0.00	-0.30	-0.40	-0.30	0.00	0.00
Other Net Changes in Cash	-	-	-	-	-	5.30	4.00	-1.80	-4.20	0.80	1.10
Cash Interest Paid	-	42	93	115	118	110	84	65	68	94	85
Cash Income Taxes Paid	-	50	60	12	-7.00	-7.30	-62	-14	-3.00	19	10

This table details how cash moves in and out of TreeHouse Foods' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-122	-35	-28	2.30	2.80	301	-129	-86	-3.80	188
Net Cash From Operating Activities	-88	-37	-31	-19	60	147	-52	-19	41	296
Net Cash From Continuing Operating Activities	-6.40	9.40	-31	-16	58	146	-52	-19	41	296
Net Income / (Loss) Continuing Operations	-7.80	40	20	22	9.80	6.40	-12	-17	-3.40	59
Consolidated Net Income / (Loss)	-91	-23	15	23	7.10	7.50	-12	-17	-3.40	59
Depreciation Expense	32	36	35	35	36	36	37	36	37	38
Non-Cash Adjustments To Reconcile Net Income	14	8.70	7.90	3.30	8.80	14	11	22	10	9.40
Changes in Operating Assets and Liabilities, net	-44	-75	-94	-76	3.00	90	-88	-61	-2.10	191
Net Cash From Investing Activities	-30	504	-32	-140	38	361	-28	-22	-41	-48
Net Cash From Continuing Investing Activities	-17	-33	-32	-125	-23	-62	-28	-22	-41	-48
Purchase of Property, Plant & Equipment	-15	-39	-32	-23	-23	-64	-28	-23	-41	-48
Net Cash From Financing Activities	-2.00	-501	33	161	-95	-206	-48	-45	-4.40	-62
Net Cash From Continuing Financing Activities	-1.90	-501	33	161	-95	-206	-48	-45	-4.40	-62
Repayment of Debt	-280	-1,029	-733	-612	-1,192	-398	0.00	-9.50	-203	-148
Repurchase of Common Equity	-	-	0.00	-	-50	-50	-44	-45	-	-61
Issuance of Debt	279	529	771	774	1,148	243	0.00	9.50	203	148
Other Financing Activities, net	-0.80	-0.60	-5.50	-0.80	-0.30	-0.90	-3.90	-0.30	-4.40	-0.40
Cash Interest Paid	24	17	27	18	30	18	26	16	27	16
Cash Income Taxes Paid	-3.50	-0.70	5.50	11	0.80	1.80	0.60	6.00	-0.90	4.50

This table presents TreeHouse Foods' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	3,858	3,703	6,546	5,779	5,629	5,139	5,486	5,208	4,254	4,107	3,980
Total Current Assets	914	847	1,561	1,485	1,678	1,220	1,429	2,183	839	1,055	1,010
Cash & Equivalents	52	35	62	133	164	202	365	305	43	320	290
Accounts Receivable	234	203	429	330	351	271	309	151	159	176	147
Inventories, net	594	584	978	918	616	544	599	462	554	534	539
Prepaid Expenses	25	17	78	104	61	45	86	57	23	25	34
Plant, Property, & Equipment, net	544	542	1,359	1,294	1,142	0.00	0.00	0.00	642	738	749
Total Noncurrent Assets	2,401	2,314	3,626	3,000	2,809	3,920	4,057	3,025	2,773	2,314	2,222
Goodwill	1,668	1,650	2,447	2,182	2,108	2,107	2,179	1,822	1,818	1,825	1,819
Intangible Assets	716	647	1,138	773	656	555	615	337	296	257	213
Other Noncurrent Operating Assets	16	18	41	45	45	1,258	1,263	867	232	232	190
Total Liabilities & Shareholders' Equity	3,858	3,703	6,546	5,779	5,629	5,139	5,486	5,208	4,254	4,107	3,980
Total Liabilities	2,099	1,848	4,043	3,516	3,469	3,309	3,621	3,362	2,567	2,442	2,431
Total Current Liabilities	310	275	693	600	838	813	991	1,158	828	704	745
Short-Term Debt	13	15	66	10	1.20	15	16	15	0.60	0.40	1.10
Accounts Payable	297	261	627	451	578	508	628	626	619	535	603
Accrued Expenses	-	-	-	138	253	273	341	234	209	169	141
Total Noncurrent Liabilities	1,789	1,572	3,349	2,916	2,632	2,495	2,630	2,205	1,739	1,738	1,686
Long-Term Debt	1,438	1,222	2,725	2,536	2,297	2,092	2,199	1,890	1,394	1,396	1,401
Noncurrent Deferred & Payable Income Tax Liabilities	284	279	422	178	166	102	158	105	109	111	106
Other Noncurrent Operating Liabilities	68	72	202	202	168	302	273	210	236	230	179
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,759	1,855	2,503	2,263	2,160	1,831	1,865	1,845	1,687	1,665	1,549
Total Preferred & Common Equity	1,759	1,855	2,503	2,263	2,160	1,831	1,865	1,845	1,687	1,665	1,549
Preferred Stock	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,759	1,855	2,503	2,263	2,160	1,831	1,865	1,845	1,687	1,665	1,549
Common Stock	1,178	1,208	2,073	2,108	2,136	2,155	2,181	2,188	2,206	2,224	2,239
Retained Earnings	646	761	532	246	204	-157	-143	-156	-302	-249	-222
Treasury Stock	-	-	0.00	-29	-83	-83	-108	-	-133	-234	-385
Accumulated Other Comprehensive Income / (Loss)	-64	-113	-101	-62	-97	-84	-64	-54	-84	-76	-83

This table presents TreeHouse Foods' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	5,188	4,254	4,380	4,319	3,962	3,905	3,969
Total Current Assets	2,195	832	875	836	955	928	1,000
Cash & Equivalents	75	15	17	20	192	106	102
Accounts Receivable	155	158	164	166	173	186	225
Inventories, net	649	628	673	619	542	592	617
Prepaid Expenses	65	31	21	32	48	44	56
Plant, Property, & Equipment, net	656	666	726	719	731	719	735
Total Noncurrent Assets	2,337	2,756	2,780	2,763	2,275	2,258	2,235
Goodwill	1,817	1,818	1,825	1,823	1,823	1,822	1,823
Intangible Assets	305	285	280	268	246	235	225
Other Noncurrent Operating Assets	215	225	251	247	206	200	187
Total Liabilities & Shareholders' Equity	5,188	4,254	4,380	4,319	3,962	3,905	3,969
Total Liabilities	3,473	2,550	2,646	2,623	2,354	2,355	2,417
Total Current Liabilities	1,259	777	692	722	629	646	716
Short-Term Debt	11	0.50	-	0.50	0.30	0.60	0.90
Accounts Payable	722	595	527	543	482	494	547
Accrued Expenses	187	181	165	179	147	151	168
Total Noncurrent Liabilities	2,214	1,773	1,954	1,900	1,724	1,709	1,701
Long-Term Debt	1,879	1,433	1,595	1,551	1,397	1,398	1,400
Noncurrent Deferred & Payable Income Tax Liabilities	107	109	111	109	111	106	107
Other Noncurrent Operating Liabilities	228	231	249	241	216	205	194
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,715	1,704	1,735	1,696	1,608	1,550	1,553
Total Preferred & Common Equity	1,715	1,704	1,735	1,696	1,608	1,550	1,553
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,715	1,704	1,735	1,696	1,608	1,550	1,553
Common Stock	2,201	2,208	2,213	2,219	2,226	2,231	2,236
Retained Earnings	-279	-287	-264	-256	-261	-277	-281
Accumulated Other Comprehensive Income / (Loss)	-74	-83	-81	-83	-79	-80	-79
Other Equity Adjustments	-133	-133	-	-184	-279	-	-324

This table displays calculated financial ratios and metrics derived from TreeHouse Foods' official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	28.43%	8.84%	92.59%	-21.42%	-5.46%	-6.52%	-30.18%	-6.01%	17.16%	4.08%	-2.26%
EBITDA Growth	12.43%	6.42%	-36.84%	54.08%	-14.44%	-43.78%	-22.71%	14.40%	43.60%	30.26%	-7.92%
EBIT Growth	16.05%	7.05%	-135.66%	223.23%	-42.07%	-198.16%	49.63%	83.64%	1,463.64%	96.83%	-21.85%
NOPAT Growth	15.71%	12.05%	-141.55%	182.93%	5.30%	-119.30%	116.77%	-1,737.04%	440.60%	-1.39%	-19.37%
Net Income Growth	3.32%	27.84%	-298.96%	-22.27%	76.96%	-460.56%	103.82%	-190.58%	-1,070.40%	136.30%	-49.34%
EPS Growth	-4.29%	17.94%	-255.89%	-18.29%	76.29%	-458.26%	103.74%	-191.67%	-1,086.36%	136.02%	-45.74%
Operating Cash Flow Growth	5.93%	26.60%	64.69%	5.73%	-0.04%	-39.17%	35.42%	-22.03%	-146.38%	204.38%	68.98%
Free Cash Flow Firm Growth	-1,611.04%	130.89%	-956.66%	126.83%	53.07%	-80.20%	-115.48%	3,997.41%	-132.03%	196.91%	-52.23%
Invested Capital Growth	45.89%	-3.20%	71.32%	-10.45%	-18.43%	-5.07%	0.83%	-30.96%	18.15%	-7.97%	-2.89%
Revenue Q/Q Growth	9.00%	-1.17%	17.31%	-23.99%	6.69%	16.47%	-30.56%	6.85%	36.37%	0.86%	-0.15%
EBITDA Q/Q Growth	7.85%	0.45%	-58.13%	96.99%	33.14%	12.21%	-57.71%	29.66%	253.27%	-15.09%	39.19%
EBIT Q/Q Growth	10.17%	2.07%	-134.23%	173.65%	142.86%	28.32%	-132.22%	-46.67%	176.73%	-28.21%	250.95%
NOPAT Q/Q Growth	11.44%	0.16%	-141.93%	155.54%	578.05%	-1,441.67%	-97.88%	35.47%	196.50%	-21.70%	85.00%
Net Income Q/Q Growth	14.14%	2.98%	-352.75%	-7.92%	81.77%	7.41%	370.59%	-124.51%	3.75%	139.19%	210.70%
EPS Q/Q Growth	10.40%	1.54%	-331.64%	-4.75%	81.27%	7.49%	340.00%	-124.18%	3.69%	141.03%	206.25%
Operating Cash Flow Q/Q Growth	19.70%	-9.69%	14.00%	14.07%	-1.42%	9.50%	8.26%	-6.64%	-196.23%	698.10%	127.96%
Free Cash Flow Firm Q/Q Growth	21.72%	-12.53%	5.32%	52.87%	33.69%	-72.15%	-108.32%	689.05%	-136.22%	171.70%	-61.30%
Invested Capital Q/Q Growth	-3.12%	-2.04%	-7.37%	-9.10%	-14.57%	-5.00%	2.52%	-31.87%	13.73%	-15.07%	-6.65%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	20.59%	20.09%	18.24%	20.16%	19.45%	18.58%	18.19%	16.76%	15.84%	16.79%	16.35%
EBITDA Margin	10.71%	10.47%	3.43%	6.73%	6.09%	3.67%	4.06%	4.94%	6.05%	7.58%	7.14%
Operating Margin	7.40%	7.48%	-1.55%	1.63%	1.82%	-0.38%	0.09%	-1.57%	-0.38%	4.28%	3.07%
EBIT Margin	6.78%	6.66%	-1.23%	1.94%	1.19%	-1.25%	-0.90%	-0.16%	1.82%	3.44%	2.75%
Profit (Net Income) Margin	3.05%	3.58%	-3.70%	-5.76%	-1.40%	-8.42%	0.46%	-0.44%	-4.44%	1.55%	0.80%
Tax Burden Percent	65.81%	67.11%	116.99%	980.70%	111.81%	231.71%	-11.91%	14.50%	-13,300.00%	63.67%	81.27%
Interest Burden Percent	68.41%	80.11%	256.43%	-30.35%	-105.88%	291.76%	430.86%	1,959.09%	1.83%	70.62%	35.86%
Effective Tax Rate	34.19%	32.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	936.36%	29.26%	18.73%
Return on Invested Capital (ROIC)	5.41%	5.19%	-1.62%	1.12%	1.38%	-0.30%	0.05%	-1.00%	3.83%	3.63%	3.10%
ROIC Less NNEP Spread (ROIC-NNEP)	0.69%	1.63%	-9.89%	-11.93%	-4.66%	-20.61%	0.72%	0.50%	-21.76%	-0.66%	-2.10%
Return on Net Nonoperating Assets (RNNOA)	0.52%	1.17%	-8.87%	-12.85%	-4.29%	-17.79%	0.69%	0.33%	-12.12%	-0.47%	-1.43%
Return on Equity (ROE)	5.93%	6.36%	-10.49%	-11.73%	-2.91%	-18.09%	0.75%	-0.67%	-8.28%	3.17%	1.67%
Cash Return on Invested Capital (CROIC)	-31.91%	8.44%	-54.19%	12.15%	21.67%	4.90%	-0.78%	35.63%	-12.81%	11.93%	6.03%
Operating Return on Assets (OROA)	6.07%	5.65%	-1.49%	1.52%	0.95%	-0.99%	-0.51%	-0.08%	1.27%	2.83%	2.28%
Return on Assets (ROA)	2.73%	3.04%	-4.46%	-4.54%	-1.13%	-6.70%	0.26%	-0.23%	-3.09%	1.27%	0.67%
Return on Common Equity (ROCE)	5.93%	6.36%	-10.49%	-11.73%	-2.91%	-18.09%	0.75%	-0.67%	-8.28%	3.17%	1.67%
Return on Equity Simple (ROE_SIMPLE)	5.11%	6.19%	-9.13%	-12.35%	-2.98%	-19.72%	0.74%	-0.68%	-8.67%	3.19%	1.74%
Net Operating Profit after Tax (NOPAT)	144	161	-67	55	58	-11	1.89	-31	105	104	84
NOPAT Margin	4.87%	5.02%	-1.08%	1.14%	1.27%	-0.26%	0.06%	-1.10%	3.20%	3.03%	2.50%
Net Nonoperating Expense Percent (NNEP)	4.72%	3.56%	8.27%	13.05%	6.04%	20.31%	-0.67%	-1.50%	25.60%	4.29%	5.20%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	3.42%	3.39%	2.84%
Cost of Revenue to Revenue	79.41%	79.91%	81.76%	79.84%	80.55%	81.42%	81.81%	83.24%	84.16%	83.21%	83.65%
SG&A Expenses to Revenue	5.39%	5.04%	5.51%	5.85%	5.76%	5.90%	7.54%	6.58%	6.26%	5.95%	5.90%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	13.19%	12.62%	19.78%	18.52%	17.63%	18.95%	18.10%	18.33%	16.23%	12.51%	13.28%
Earnings before Interest and Taxes (EBIT)	200	214	-76	94	54	-53	-27	-4.40	60	118	92
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	316	336	212	327	280	157	122	139	200	260	239
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.06	1.82	1.64	1.25	1.31	1.49	1.29	1.23	1.64	1.38	1.16
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.23	1.05	0.66	0.58	0.62	0.64	0.80	0.80	0.84	0.67	0.54
Price to Earnings (P/E)	40.28	29.43	0.00	0.00	0.00	0.00	173.99	0.00	0.00	43.17	66.86
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.48%	3.40%	0.00%	0.00%	0.00%	0.00%	0.57%	0.00%	0.00%	2.32%	1.50%
Enterprise Value to Invested Capital (EV/IC)	1.59	1.50	1.30	1.12	1.30	1.28	1.16	1.53	1.38	1.23	1.09
Enterprise Value to Revenue (EV/Rev)	1.70	1.43	1.10	1.08	1.08	1.08	1.42	1.37	1.25	0.98	0.87
Enterprise Value to EBITDA (EV/EBITDA)	15.88	13.62	32.13	16.04	17.79	29.46	34.99	27.78	20.65	12.95	12.16
Enterprise Value to EBIT (EV/EBIT)	25.09	21.41	0.00	55.83	91.43	0.00	0.00	0.00	68.68	28.52	31.54
Enterprise Value to NOPAT (EV/NOPAT)	34.89	28.44	0.00	94.57	85.20	0.00	2,249.30	0.00	39.11	32.41	34.75
Enterprise Value to Operating Cash Flow (EV/OCF)	21.82	15.74	14.24	10.36	9.83	15.05	10.20	11.89	0.00	21.41	10.95
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	17.49	0.00	8.72	5.41	25.41	0.00	3.51	0.00	9.87	17.86
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.82	0.67	1.12	1.12	1.06	1.15	1.19	1.03	0.83	0.84	0.91
Long-Term Debt to Equity	0.82	0.66	1.09	1.12	1.06	1.14	1.18	1.02	0.83	0.84	0.90
Financial Leverage	0.75	0.71	0.90	1.08	0.92	0.86	0.97	0.66	0.56	0.71	0.68
Leverage Ratio	2.17	2.09	2.35	2.59	2.58	2.70	2.87	2.88	2.68	2.49	2.52
Compound Leverage Factor	1.48	1.68	6.03	-0.78	-2.73	7.87	12.39	56.46	0.05	1.76	0.90
Debt to Total Capital	45.19%	40.00%	52.72%	52.94%	51.55%	53.51%	54.29%	50.80%	45.26%	45.62%	47.52%
Short-Term Debt to Total Capital	0.40%	0.48%	1.25%	0.21%	0.03%	0.39%	0.38%	0.41%	0.02%	0.01%	0.04%
Long-Term Debt to Total Capital	44.79%	39.52%	51.46%	52.73%	51.53%	53.12%	53.90%	50.39%	45.24%	45.60%	47.48%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	54.81%	60.00%	47.28%	47.06%	48.45%	46.49%	45.71%	49.20%	54.74%	54.38%	52.48%
Debt to EBITDA	4.60	3.68	13.16	7.79	8.22	13.40	18.23	13.71	6.99	5.37	5.86
Net Debt to EBITDA	4.40	3.55	12.82	7.38	7.63	12.12	15.23	11.52	6.77	4.14	4.65
Long-Term Debt to EBITDA	4.56	3.64	12.85	7.76	8.22	13.31	18.10	13.60	6.98	5.37	5.85
Debt to NOPAT	10.10	7.69	-41.75	45.92	39.37	-186.96	1,171.80	-61.58	13.23	13.44	16.74
Net Debt to NOPAT	9.68	7.42	-40.67	43.52	36.56	-169.01	978.89	-51.74	12.83	10.35	13.28
Long-Term Debt to NOPAT	10.01	7.59	-40.76	45.74	39.35	-185.60	1,163.49	-61.09	13.23	13.43	16.72
Altman Z-Score	2.39	2.63	1.79	1.62	1.57	1.35	0.99	1.14	1.37	1.51	1.36
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.95	3.08	2.25	2.48	2.00	1.50	1.44	1.89	1.01	1.50	1.36
Quick Ratio	0.95	0.89	0.72	0.77	0.62	0.58	0.68	0.39	0.24	0.70	0.59
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-847	262	-2,241	601	920	182	-28	1,099	-352	341	163
Operating Cash Flow to CapEx	267.75%	403.05%	275.85%	398.11%	338.78%	260.98%	627.56%	468.83%	-169.90%	111.72%	192.19%
Free Cash Flow to Firm to Interest Expense	-13.22	5.75	-18.80	4.91	8.22	1.78	-0.30	12.71	-4.73	4.56	2.57
Operating Cash Flow to Interest Expense	3.58	6.39	4.02	4.13	4.52	3.00	4.44	3.76	-2.03	2.10	4.19
Operating Cash Flow Less CapEx to Interest Expense	2.25	4.80	2.56	3.10	3.18	1.85	3.73	2.95	-3.22	0.22	2.01
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.90	0.85	1.21	0.79	0.80	0.80	0.56	0.53	0.70	0.82	0.83
Accounts Receivable Turnover	15.25	14.68	19.54	12.79	13.47	13.79	10.34	12.23	21.26	20.52	20.81
Inventory Turnover	4.68	4.35	6.46	4.09	4.82	6.02	4.29	4.42	5.46	5.25	5.23
Fixed Asset Turnover	5.86	5.91	6.50	3.66	3.77	0.00	0.00	0.00	0.00	4.98	4.51
Accounts Payable Turnover	8.73	9.19	11.38	7.19	7.18	6.43	4.31	3.74	4.46	4.95	4.93
Days Sales Outstanding (DSO)	23.94	24.86	18.68	28.54	27.09	26.46	35.31	29.84	17.16	17.78	17.54
Days Inventory Outstanding (DIO)	77.99	83.92	56.46	89.32	75.75	60.60	85.13	82.59	66.80	69.54	69.82
Days Payable Outstanding (DPO)	41.79	39.71	32.08	50.78	50.83	56.77	84.64	97.66	81.86	73.73	73.99
Cash Conversion Cycle (CCC)	60.14	69.08	43.07	67.08	52.02	30.29	35.80	14.77	2.10	13.59	13.37
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,149	3,048	5,222	4,676	3,815	3,621	3,651	2,521	2,978	2,741	2,662
Invested Capital Turnover	1.11	1.03	1.49	0.98	1.08	1.15	0.82	0.91	1.20	1.20	1.24
Increase / (Decrease) in Invested Capital	990	-101	2,174	-546	-862	-194	30	-1,130	458	-237	-79
Enterprise Value (EV)	5,010	4,575	6,814	5,243	4,974	4,631	4,251	3,862	4,121	3,368	2,911
Market Capitalization	3,620	3,381	4,095	2,830	2,840	2,726	2,401	2,261	2,769	2,292	1,799
Book Value per Share	$41.56	$43.04	$44.13	$39.56	$38.57	$32.57	$33.00	$33.08	$30.08	$30.10	$30.25
Tangible Book Value per Share	($14.77)	($10.25)	($19.06)	($12.09)	($10.79)	($14.78)	($16.43)	($5.61)	($7.61)	($7.55)	($9.44)
Total Capital	3,210	3,091	5,295	4,809	4,459	3,938	4,080	3,751	3,082	3,061	2,951
Total Debt	1,451	1,237	2,791	2,546	2,299	2,107	2,215	1,905	1,395	1,396	1,402
Total Long-Term Debt	1,438	1,222	2,725	2,536	2,297	2,092	2,199	1,890	1,394	1,396	1,401
Net Debt	1,390	1,193	2,719	2,413	2,134	1,905	1,850	1,601	1,352	1,076	1,113
Capital Expenditures (CapEx)	86	72	174	127	149	118	66	69	89	141	138
Debt-free, Cash-free Net Working Capital (DFCFNWC)	556	543	861	762	677	219	89	736	-31	31	-24
Debt-free Net Working Capital (DFNWC)	617	587	934	895	842	421	454	1,040	12	351	266
Net Working Capital (NWC)	604	572	868	885	840	406	438	1,025	12	351	265
Net Nonoperating Expense (NNE)	54	46	162	335	123	350	-12	-18	252	51	57
Net Nonoperating Obligations (NNO)	1,390	1,193	2,719	2,413	1,655	1,790	1,786	675	1,291	1,076	1,113
Total Depreciation and Amortization (D&A)	116	122	288	233	225	211	148	143	140	142	147
Debt-free, Cash-free Net Working Capital to Revenue	18.87%	16.94%	13.95%	15.71%	14.76%	5.11%	2.98%	26.14%	-0.93%	0.89%	-0.71%
Debt-free Net Working Capital to Revenue	20.94%	18.30%	15.12%	18.44%	18.34%	9.83%	15.16%	36.96%	0.37%	10.23%	7.93%
Net Working Capital to Revenue	20.50%	17.83%	14.05%	18.24%	18.32%	9.47%	14.63%	36.41%	0.35%	10.21%	7.90%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.28	$2.67	($4.10)	($5.01)	($1.10)	($6.42)	$0.24	($0.22)	($2.61)	$0.95	$0.52
Adjusted Weighted Average Basic Shares Outstanding	39.35M	43.05M	55.72M	57.10M	56M	56.20M	56.50M	55.90M	56M	55.80M	52.20M
Adjusted Diluted Earnings per Share	$2.23	$2.63	($4.10)	($5.01)	($1.10)	($6.42)	$0.24	($0.22)	($2.61)	$0.94	$0.51
Adjusted Weighted Average Diluted Shares Outstanding	40.24M	43.71M	55.72M	57.10M	56M	56.20M	56.70M	55.90M	56M	56.40M	52.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	42.75M	56.40M	56.80M	56.48M	55.99M	56.22M	55.89M	55.80M	56.11M	54.10M	50.20M
Normalized Net Operating Profit after Tax (NOPAT)	144	161	180	97	58	79	1.89	-31	-8.82	104	99
Normalized NOPAT Margin	4.87%	5.02%	2.91%	1.99%	1.27%	1.84%	0.06%	-1.10%	-0.27%	3.03%	2.97%
Pre Tax Income Margin	4.64%	5.34%	-3.16%	-0.59%	-1.26%	-3.63%	-3.87%	-3.06%	0.03%	2.43%	0.99%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.12	4.70	-0.64	0.77	0.49	-0.52	-0.29	-0.05	0.81	1.58	1.46
NOPAT to Interest Expense	2.24	3.54	-0.56	0.45	0.52	-0.11	0.02	-0.36	1.42	1.39	1.32
EBIT Less CapEx to Interest Expense	1.78	3.11	-2.09	-0.27	-0.85	-1.67	-0.99	-0.85	-0.39	-0.30	-0.73
NOPAT Less CapEx to Interest Expense	0.90	1.95	-2.02	-0.59	-0.81	-1.26	-0.69	-1.16	0.22	-0.49	-0.86
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	-10.27%	-84.78%	0.00%	181.16%	-200.00%	0.00%	188.32%	556.51%

This table displays calculated financial ratios and metrics derived from TreeHouse Foods' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	10.80%	41,871.43%	10.54%	-0.83%	3.65%	3.34%	-3.90%	-1.87%	-2.80%	-0.56%
EBITDA Growth	135.29%	387.80%	100.00%	264.71%	49.00%	-43.50%	-50.15%	-58.60%	-18.96%	112.33%
EBIT Growth	-31.67%	203.24%	982.86%	367.11%	187.80%	-66.10%	-111.97%	-113.57%	-50.85%	277.31%
NOPAT Growth	-163.33%	218.48%	176.43%	220.15%	711.31%	-55.96%	-112.08%	-112.95%	-8.74%	157.35%
Net Income Growth	-1,450.75%	19.59%	606.67%	179.25%	107.85%	132.05%	-176.97%	-171.67%	-147.89%	682.67%
EPS Growth	-1,441.67%	19.23%	640.00%	177.36%	108.07%	130.95%	-181.48%	-178.05%	-153.85%	761.54%
Operating Cash Flow Growth	-183.33%	-113.52%	56.23%	-142.95%	168.69%	501.64%	-69.58%	-2.65%	-31.11%	101.50%
Free Cash Flow Firm Growth	913.68%	-137.03%	323.59%	-14.08%	-154.23%	165.42%	-32.53%	117.54%	168.15%	-45.32%
Invested Capital Growth	-29.22%	18.15%	-11.94%	-5.51%	23.24%	-7.97%	-9.92%	-14.18%	-11.65%	-2.89%
Revenue Q/Q Growth	2.80%	5.82%	-3.11%	-5.91%	7.44%	5.50%	-9.89%	-3.92%	6.42%	7.94%
EBITDA Q/Q Growth	96.08%	165.50%	-37.85%	12.73%	-19.89%	0.67%	-45.17%	-6.38%	56.82%	163.77%
EBIT Q/Q Growth	155.03%	756.10%	-55.98%	28.80%	-40.70%	0.85%	-115.55%	-45.95%	314.81%	674.14%
NOPAT Q/Q Growth	77.82%	1,519.74%	-46.83%	-28.24%	12.84%	2.28%	-114.59%	23.08%	895.00%	188.42%
Net Income Q/Q Growth	-207.82%	74.14%	164.96%	53.29%	-69.53%	5.63%	-256.00%	-42.74%	79.64%	1,826.47%
EPS Q/Q Growth	-203.77%	73.91%	164.29%	51.85%	-68.29%	0.00%	-269.23%	-45.45%	78.13%	1,700.00%
Operating Cash Flow Q/Q Growth	-298.86%	58.17%	15.57%	38.84%	417.99%	144.59%	-135.65%	62.98%	313.40%	615.46%
Free Cash Flow Firm Q/Q Growth	331.08%	-137.21%	213.16%	-52.67%	-372.09%	144.89%	16.71%	52.62%	-14.76%	-63.98%
Invested Capital Q/Q Growth	-25.31%	13.73%	4.86%	6.09%	-2.59%	-15.07%	2.63%	1.07%	0.29%	-6.65%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	15.96%	20.40%	17.99%	16.58%	15.93%	16.67%	13.65%	16.27%	15.64%	19.53%
EBITDA Margin	4.80%	12.05%	7.73%	9.26%	6.90%	6.59%	4.01%	3.91%	5.76%	14.07%
Operating Margin	-0.68%	8.52%	4.79%	3.77%	3.89%	4.62%	-0.63%	-0.51%	3.79%	8.89%
EBIT Margin	0.98%	7.96%	3.62%	4.95%	2.73%	2.61%	-0.45%	-0.68%	1.38%	9.92%
Profit (Net Income) Margin	-10.87%	-2.65%	1.78%	2.90%	0.82%	0.82%	-1.43%	-2.12%	-0.41%	6.48%
Tax Burden Percent	983.70%	-40.21%	54.87%	74.20%	52.59%	69.44%	76.47%	79.90%	79.07%	79.76%
Interest Burden Percent	-112.20%	82.91%	89.64%	78.89%	57.20%	45.38%	413.51%	387.04%	-37.07%	81.96%
Effective Tax Rate	0.00%	24.57%	26.35%	28.66%	27.41%	40.74%	0.00%	0.00%	0.00%	20.24%
Return on Invested Capital (ROIC)	-0.37%	7.71%	3.57%	2.66%	3.29%	3.29%	-0.51%	-0.39%	2.93%	8.80%
ROIC Less NNEP Spread (ROIC-NNEP)	-6.67%	-0.43%	2.62%	2.76%	1.87%	1.81%	-1.12%	-1.36%	1.12%	8.30%
Return on Net Nonoperating Assets (RNNOA)	-5.12%	-0.24%	2.30%	2.55%	1.33%	1.28%	-0.89%	-1.19%	0.97%	5.65%
Return on Equity (ROE)	-5.49%	7.47%	5.87%	5.21%	4.62%	4.57%	-1.40%	-1.58%	3.91%	14.45%
Cash Return on Invested Capital (CROIC)	30.77%	-12.81%	14.11%	8.51%	-16.28%	11.93%	12.70%	16.78%	13.86%	6.03%
Operating Return on Assets (OROA)	0.46%	5.55%	2.58%	3.46%	1.96%	2.15%	-0.37%	-0.56%	1.12%	8.22%
Return on Assets (ROA)	-5.12%	-1.85%	1.27%	2.03%	0.59%	0.68%	-1.18%	-1.73%	-0.33%	5.38%
Return on Common Equity (ROCE)	-5.49%	7.47%	5.87%	5.21%	4.62%	4.57%	-1.40%	-1.58%	3.91%	14.45%
Return on Equity Simple (ROE_SIMPLE)	-8.86%	0.00%	-7.52%	-4.35%	1.31%	0.00%	1.63%	-0.89%	-1.57%	0.00%
Net Operating Profit after Tax (NOPAT)	-3.99	57	30	22	24	25	-3.64	-2.80	22	64
NOPAT Margin	-0.48%	6.43%	3.53%	2.69%	2.83%	2.74%	-0.44%	-0.36%	2.65%	7.09%
Net Nonoperating Expense Percent (NNEP)	6.30%	8.14%	0.96%	-0.10%	1.42%	1.47%	0.61%	0.97%	1.81%	0.50%
Return On Investment Capital (ROIC_SIMPLE)	-	1.84%	-	-	-	0.82%	-	-	-	2.18%
Cost of Revenue to Revenue	84.04%	79.60%	82.01%	83.42%	84.07%	83.33%	86.35%	83.73%	84.36%	80.47%
SG&A Expenses to Revenue	6.20%	5.21%	6.25%	6.71%	5.50%	5.41%	6.80%	6.87%	5.48%	4.64%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	16.64%	11.88%	13.20%	12.81%	12.04%	12.04%	14.28%	16.78%	11.85%	10.64%
Earnings before Interest and Taxes (EBIT)	8.20	70	31	40	24	24	-3.70	-5.40	12	90
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	40	106	66	74	60	60	33	31	48	127
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.39	1.64	1.66	1.64	1.45	1.38	1.34	1.24	1.40	1.16
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.98	0.84	0.84	0.84	0.72	0.67	0.63	0.57	0.65	0.54
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	110.67	43.17	82.21	0.00	0.00	66.86
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.90%	2.32%	1.22%	0.00%	0.00%	1.50%
Enterprise Value to Invested Capital (EV/IC)	1.60	1.38	1.36	1.33	1.24	1.23	1.19	1.13	1.22	1.09
Enterprise Value to Revenue (EV/Rev)	1.73	1.25	1.26	1.31	1.17	0.98	0.99	0.95	1.04	0.87
Enterprise Value to EBITDA (EV/EBITDA)	74.22	20.65	18.26	15.40	13.03	12.95	14.80	17.57	20.22	12.16
Enterprise Value to EBIT (EV/EBIT)	0.00	68.68	45.00	29.61	24.25	28.52	40.23	84.08	132.23	31.54
Enterprise Value to NOPAT (EV/NOPAT)	0.00	39.11	90.18	45.44	30.05	32.41	50.05	69.18	76.78	34.75
Enterprise Value to Operating Cash Flow (EV/OCF)	26.78	0.00	0.00	0.00	0.00	21.41	24.73	23.80	29.82	10.95
Enterprise Value to Free Cash Flow (EV/FCFF)	4.31	0.00	9.03	15.21	0.00	9.87	8.91	6.24	8.26	17.86
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.10	0.83	0.84	0.92	0.91	0.84	0.87	0.90	0.90	0.91
Long-Term Debt to Equity	1.10	0.83	0.84	0.92	0.91	0.84	0.87	0.90	0.90	0.90
Financial Leverage	0.77	0.56	0.88	0.92	0.71	0.71	0.79	0.87	0.87	0.68
Leverage Ratio	2.87	2.68	2.67	2.72	2.79	2.49	2.48	2.52	2.55	2.52
Compound Leverage Factor	-3.23	2.22	2.39	2.15	1.59	1.13	10.26	9.76	-0.95	2.06
Debt to Total Capital	52.44%	45.26%	45.67%	47.89%	47.77%	45.62%	46.48%	47.43%	47.43%	47.52%
Short-Term Debt to Total Capital	0.31%	0.02%	0.02%	0.00%	0.02%	0.01%	0.01%	0.02%	0.03%	0.04%
Long-Term Debt to Total Capital	52.12%	45.24%	45.66%	47.89%	47.76%	45.60%	46.47%	47.41%	47.40%	47.48%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	47.56%	54.74%	54.33%	52.11%	52.23%	54.38%	53.52%	52.57%	52.57%	52.48%
Debt to EBITDA	33.46	6.99	6.16	5.56	5.07	5.37	6.16	7.63	8.14	5.86
Net Debt to EBITDA	32.14	6.77	6.10	5.50	5.00	4.14	5.31	7.05	7.55	4.65
Long-Term Debt to EBITDA	33.26	6.98	6.16	5.56	5.06	5.37	6.15	7.63	8.14	5.85
Debt to NOPAT	-17.31	13.23	30.42	16.41	11.69	13.44	20.81	30.05	30.93	16.74
Net Debt to NOPAT	-16.63	12.83	30.11	16.24	11.54	10.35	17.95	27.78	28.68	13.28
Long-Term Debt to NOPAT	-17.21	13.23	30.41	16.41	11.68	13.43	20.81	30.04	30.91	16.72
Altman Z-Score	1.02	1.38	1.41	1.41	1.32	1.44	1.41	1.34	1.38	1.36
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.74	1.01	1.07	1.26	1.16	1.50	1.52	1.44	1.40	1.36
Quick Ratio	0.18	0.24	0.22	0.26	0.26	0.70	0.58	0.45	0.46	0.59
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,077	-401	454	215	-584	262	306	467	398	143
Operating Cash Flow to CapEx	-575.66%	-93.13%	-97.48%	-83.63%	263.60%	230.77%	-186.48%	-89.81%	102.22%	615.80%
Free Cash Flow to Firm to Interest Expense	61.56	-17.28	25.48	11.18	-27.95	15.52	19.62	29.94	24.89	8.85
Operating Cash Flow to Interest Expense	-5.00	-1.58	-1.74	-0.98	2.88	8.70	-3.36	-1.24	2.59	18.28
Operating Cash Flow Less CapEx to Interest Expense	-5.87	-3.27	-3.52	-2.16	1.78	4.93	-5.16	-2.63	0.06	15.31
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.47	0.70	0.71	0.70	0.72	0.82	0.83	0.82	0.81	0.83
Accounts Receivable Turnover	11.78	21.26	15.99	17.67	21.22	20.52	20.50	19.35	17.22	20.81
Inventory Turnover	3.03	5.46	4.09	3.63	4.41	5.25	4.89	4.51	4.59	5.23
Fixed Asset Turnover	0.00	0.00	4.06	0.00	4.95	4.98	4.86	4.69	4.62	4.51
Accounts Payable Turnover	3.06	4.46	3.90	3.85	4.42	4.95	5.32	5.59	5.20	4.93
Days Sales Outstanding (DSO)	30.99	17.16	22.83	20.66	17.20	17.78	17.81	18.86	21.20	17.54
Days Inventory Outstanding (DIO)	120.45	66.80	89.23	100.56	82.68	69.54	74.58	80.95	79.54	69.82
Days Payable Outstanding (DPO)	119.24	81.86	93.50	94.91	82.51	73.73	68.62	65.25	70.16	73.99
Cash Conversion Cycle (CCC)	32.20	2.10	18.56	26.30	17.37	13.59	23.77	34.56	30.58	13.37
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,619	2,978	3,123	3,313	3,227	2,741	2,813	2,843	2,851	2,662
Invested Capital Turnover	0.77	1.20	1.01	0.99	1.16	1.20	1.15	1.10	1.11	1.24
Increase / (Decrease) in Invested Capital	-1,081	458	-424	-193	609	-237	-310	-470	-376	-79
Enterprise Value (EV)	4,193	4,121	4,248	4,415	3,988	3,368	3,359	3,220	3,478	2,911
Market Capitalization	2,377	2,769	2,830	2,837	2,457	2,292	2,154	1,927	2,179	1,799
Book Value per Share	$30.60	$30.08	$30.38	$30.81	$30.08	$30.10	$29.89	$29.47	$29.92	$30.25
Tangible Book Value per Share	($7.27)	($7.61)	($7.10)	($6.56)	($7.02)	($7.55)	($8.58)	($9.65)	($9.54)	($9.44)
Total Capital	3,606	3,082	3,137	3,329	3,247	3,061	3,005	2,949	2,953	2,951
Total Debt	1,891	1,395	1,433	1,595	1,551	1,396	1,397	1,399	1,401	1,402
Total Long-Term Debt	1,879	1,394	1,433	1,595	1,551	1,396	1,397	1,398	1,400	1,401
Net Debt	1,816	1,352	1,418	1,578	1,532	1,076	1,205	1,293	1,299	1,113
Capital Expenditures (CapEx)	15	39	32	23	23	64	28	22	41	48
Debt-free, Cash-free Net Working Capital (DFCFNWC)	873	-31	41	166	95	31	135	177	182	-24
Debt-free Net Working Capital (DFNWC)	947	12	56	183	114	351	326	283	284	266
Net Working Capital (NWC)	936	12	55	183	114	351	326	283	283	265
Net Nonoperating Expense (NNE)	87	80	15	-1.68	17	17	8.06	14	26	5.50
Net Nonoperating Obligations (NNO)	904	1,291	1,418	1,578	1,532	1,076	1,205	1,293	1,299	1,113
Total Depreciation and Amortization (D&A)	32	36	35	35	36	36	37	36	37	38
Debt-free, Cash-free Net Working Capital to Revenue	36.09%	-0.93%	1.22%	4.94%	2.78%	0.89%	3.96%	5.24%	5.42%	-0.71%
Debt-free Net Working Capital to Revenue	39.18%	0.37%	1.65%	5.44%	3.36%	10.23%	9.60%	8.37%	8.46%	7.93%
Net Working Capital to Revenue	38.71%	0.35%	1.64%	5.44%	3.34%	10.21%	9.59%	8.35%	8.43%	7.90%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($1.61)	($0.42)	$0.27	$0.41	$0.13	$0.14	($0.22)	($0.32)	($0.07)	$1.13
Adjusted Weighted Average Basic Shares Outstanding	56.10M	56M	56.10M	56.40M	55.90M	55.80M	53.80M	52.30M	51.90M	52.20M
Adjusted Diluted Earnings per Share	($1.61)	($0.42)	$0.27	$0.41	$0.13	$0.13	($0.22)	($0.32)	($0.07)	$1.12
Adjusted Weighted Average Diluted Shares Outstanding	56.10M	56M	56.70M	56.80M	56.40M	56.40M	53.80M	52.30M	51.90M	52.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	56.08M	56.11M	56.31M	56.38M	55.30M	54.10M	52.60M	51.90M	51.20M	50.20M
Normalized Net Operating Profit after Tax (NOPAT)	-3.99	57	30	22	24	25	-3.64	11	22	64
Normalized NOPAT Margin	-0.48%	6.43%	3.53%	2.69%	2.83%	2.74%	-0.44%	1.36%	2.65%	7.09%
Pre Tax Income Margin	-1.10%	6.60%	3.24%	3.91%	1.56%	1.19%	-1.86%	-2.65%	-0.51%	8.13%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.47	3.03	1.74	2.07	1.13	1.41	-0.24	-0.35	0.73	5.54
NOPAT to Interest Expense	-0.23	2.44	1.69	1.13	1.17	1.48	-0.23	-0.18	1.39	3.96
EBIT Less CapEx to Interest Expense	-0.40	1.33	-0.04	0.90	0.04	-2.36	-2.04	-1.73	-1.81	2.57
NOPAT Less CapEx to Interest Expense	-1.10	0.75	-0.09	-0.05	0.08	-2.29	-2.03	-1.56	-1.14	0.99
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	225.23%	188.32%	549.24%	-1,367.39%	-570.78%	556.51%

Frequently Asked Questions About TreeHouse Foods' Financials

When does TreeHouse Foods's financial year end?

According to the most recent income statement we have on file, TreeHouse Foods' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has TreeHouse Foods' net income changed over the last 10 years?

TreeHouse Foods' net income appears to be on a downward trend, with a most recent value of $26.90 million in 2024, falling from $89.88 million in 2014. The previous period was $53.10 million in 2023.

What is TreeHouse Foods's operating income?

TreeHouse Foods's total operating income in 2024 was $103.10 million, based on the following breakdown:

Total Gross Profit: $548.40 million
Total Operating Expenses: $445.30 million

How has TreeHouse Foods revenue changed over the last 10 years?

Over the last 10 years, TreeHouse Foods' total revenue changed from $2.95 billion in 2014 to $3.35 billion in 2024, a change of 13.8%.

How much debt does TreeHouse Foods have?

TreeHouse Foods' total liabilities were at $2.43 billion at the end of 2024, a 0.4% decrease from 2023, and a 15.8% increase since 2014.

How much cash does TreeHouse Foods have?

In the past 10 years, TreeHouse Foods' cash and equivalents has ranged from $34.92 million in 2015 to $364.60 million in 2020, and is currently $289.60 million as of their latest financial filing in 2024.

How has TreeHouse Foods' book value per share changed over the last 10 years?

Over the last 10 years, TreeHouse Foods' book value per share changed from 41.56 in 2014 to 30.25 in 2024, a change of -27.2%.

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This page (NYSE:THS) was last updated on 4/15/2025 by MarketBeat.com Staff

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TreeHouse Foods (THS) Financials

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TreeHouse Foods (THS) Financials

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