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 30 h ago 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

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	FCF	Total debt	Cash
2025	$2.3B	$216M	33.3%	15.4%	$256M	$1.1B	$72M
2024	$2.0B	$247M	35.4%	19.4%	$198M	$840M	$71M
2023	$1.7B	$166M	31.8%	17.2%	$214M	$865M	$48M
2022	$1.4B	$82M	30.8%	15.5%	$19M	$939M	$36M
2021	$1.2B	$28M	31.0%	13.5%	$225M	$610M	$153M
2020	$988M	$24M	34.2%	16.6%	$95M	$704M	$49M
2019	$854M	$0	36.5%	19.0%	$95M	$0	$6M
2018	$828M	$0	33.6%	14.5%	$136M	—	$11M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

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	FCF	Total debt	Cash
Mar '26	$599M	$34M	27.0%	11.0%	-$13M	$1.2B	$33M
Dec '25	—	$44M	—	—	-$7M	$1.2B	$64M
Sep '25	—	$60M	—	—	$168M	$1.1B	$72M
Jun '25	—	$21M	—	—	$39M	$1.0B	$44M
Mar '25	$588M	$59M	32.3%	16.2%	$48M	$960M	$28M
Dec '24	—	$77M	—	—	$2M	$840M	$50M
Sep '24	—	$72M	—	—	$39M	$840M	$71M
Jun '24	—	$74M	—	—	$69M	$840M	$73M
Mar '24	—	$57M	—	—	$16M	$840M	$79M
Dec '23	—	$44M	—	—	$74M	$840M	$85M
Sep '23	—	$46M	—	—	$84M	$865M	$48M
Jun '23	—	$44M	—	—	$110M	$919M	$26M
Mar '23	—	$31M	—	—	-$16M	$979M	$26M
Dec '22	—	$44M	—	—	$36M	$954M	$44M
Sep '22	—	$34M	—	—	$9M	$939M	$36M
Jun '22	—	$39M	—	—	-$6M	$924M	$35M
Mar '22	—	$1M	—	—	$26M	$949M	$70M
Dec '21	—	$8M	—	—	-$10M	$520M	$30M
Sep '21	—	$10M	—	—	$79M	$610M	$153M
Jun '21	—	$10M	—	—	$72M	$619M	$89M

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 6.1× (Jun '26).
The price-to-sales ratio has fallen from 2.9× (Mar '23) to 0.6× (Jun '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?

As of Jun '26, Bellring Brands, Inc. traded at a price-to-earnings ratio of about 6.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.