BRBR Financials Bellring Brands, Inc.

8 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 9, 2026, 10:12 UTC Overview →

Growth & profitability

Revenue has grown 18.6% per year over the past 5 years.
Net income has grown faster than revenue (55.9% vs 18.6% per year).
Operating margin has contracted, at 15.4% in the latest year.
Free cash flow has grown 21.9% per year over the past 5 years.

Financial health

Total debt ($1.1B) exceeds cash ($72M); net debt is $1.0B.
Total debt has grown slower than revenue (9.1% vs 18.6% per year).
Operating income covered interest expense 5.2× in the latest year, up from 3.0× 5 years ago.
Total debt is 2.9× EBITDA.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$2.3B	$216M	33.3%	15.4%	-47.6%	23.0%	$256M	$1.1B	$72M
2024	$2.0B	$247M	35.4%	19.4%	-119.7%	29.5%	$198M	$840M	$71M
2023	$1.7B	$166M	31.8%	17.2%	-51.2%	23.9%	$214M	$865M	$48M
2022	$1.4B	$82M	30.8%	15.5%	-21.9%	11.6%	$19M	$939M	$36M
2021	$1.2B	$28M	31.0%	13.5%	-0.9%	4.0%	$225M	$610M	$153M
2020	$988M	$24M	34.2%	16.6%	-1.1%	3.6%	$95M	$704M	$49M
2019	$854M	$0	36.5%	19.0%	0.0%	0.0%	$95M	$0	$6M
2018	$828M	$0	33.6%	14.5%	0.0%	—	$136M	—	$11M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$570M	$34M	28.6%	11.5%	-7.3%	3.3%	$77M	$1.1B	$50M
Mar '26	$599M	$34M	27.0%	11.0%	-6.8%	3.3%	-$13M	$1.2B	$33M
Dec '25	—	$44M	—	—	-8.6%	4.1%	-$7M	$1.2B	$64M
Sep '25	—	$60M	—	—	-13.1%	6.3%	$168M	$1.1B	$72M
Jun '25	$548M	$21M	35.4%	8.2%	-6.8%	2.1%	$39M	$1.0B	$44M
Mar '25	$588M	$59M	32.3%	16.2%	-23.1%	6.2%	$48M	$960M	$28M
Dec '24	—	$77M	—	—	-52.5%	8.7%	$2M	$840M	$50M
Sep '24	—	$72M	—	—	-34.8%	8.6%	$39M	$840M	$71M
Jun '24	—	$74M	—	—	-30.3%	9.2%	$69M	$840M	$73M
Mar '24	—	$57M	—	—	-23.1%	7.5%	$16M	$840M	$79M
Dec '23	—	$44M	—	—	-15.3%	6.1%	$74M	$840M	$85M
Sep '23	—	$46M	—	—	-14.3%	6.7%	$84M	$865M	$48M
Jun '23	—	$44M	—	—	-12.1%	6.1%	$110M	$919M	$26M
Mar '23	—	$31M	—	—	-8.5%	4.0%	-$16M	$979M	$26M
Dec '22	—	$44M	—	—	-11.9%	6.0%	$36M	$954M	$44M
Sep '22	—	$34M	—	—	-9.0%	4.8%	$9M	$939M	$36M
Jun '22	—	$39M	—	—	-10.0%	5.5%	-$6M	$924M	$35M
Mar '22	—	$1M	—	—	-0.3%	0.2%	$26M	$949M	$70M
Dec '21	—	$8M	—	—	-0.3%	1.4%	-$10M	$520M	$30M
Sep '21	—	$10M	—	—	-0.3%	1.4%	$79M	$610M	$153M

Valuation over time

How the market has priced BRBR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 48.1× (Mar '23) to 5.1× (Nov '26).
The price-to-sales ratio has fallen from 2.9× (Mar '23) to 0.5× (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Frequently asked questions

Is BRBR growing its revenue and profit?

Over the past 5 years, Bellring Brands, Inc.'s revenue has grown 18.6% per year, and net income grown 55.9% per year. These are computed facts, not advice.

How much debt does BRBR have?

As of FY2025, Bellring Brands, Inc. reported $1.1B of total debt against $72M of cash; operating income covered interest expense 5.2×.

What is BRBR's profit margin?

In FY2025, gross margin was 33.3%, operating margin 15.4%, and net margin 9.3%.

What is BRBR's P/E ratio?

Bellring Brands, Inc.'s P/E (TTM) is 6.41 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the BRBR stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 5.1× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.