Utz Brands, Inc. (UTZ)

Utz Brands Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 28, 2025	Dec 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022	Jan 3, 2021
Revenue	1,438	1,409	1,438	1,408	1,181	964.31
Revenue Growth (YoY)	1.22%	-2.01%	2.12%	19.28%	22.44%	25.52%
Cost of Revenue	946.3	914.5	980.45	959.34	796.8	631.57
Gross Profit	491.38	494.78	457.79	449.06	383.91	332.74
Selling, General & Admin	467.59	435.79	420.62	444.4	375.21	303.12
Operating Expenses	467.59	435.79	420.62	444.4	375.21	303.12
Operating Income	23.78	58.98	37.17	4.65	8.7	29.62
Interest Expense	-41.76	-44.86	-60.59	-44.42	-34.71	-39.96
Interest & Investment Income	2	2.1	2	-	-	-
Other Non Operating Income (Expenses)	38.28	10.58	3.3	1.12	40.23	-92.64
EBT Excluding Unusual Items	22.3	26.8	-18.13	-38.65	14.22	-102.98
Merger & Restructuring Charges	-	-	-13.8	-	-	-
Gain (Loss) on Sale of Assets	-1.16	43.94	-7.35	0.69	1.86	2.2
Other Unusual Items	-0.47	-1.27	-	-	-	-
Pretax Income	20.67	69.47	-39.28	-37.96	16.08	-100.78
Income Tax Expense	22.93	38.73	0.76	-23.92	8.09	3.71
Earnings From Continuing Operations	-2.26	30.74	-40.03	-14.04	8	-104.48
Minority Interest in Earnings	7.94	-14.76	15.1	13.65	12.56	7.97
Net Income	5.67	15.97	-24.94	-0.39	20.56	-96.51
Preferred Dividends & Other Adjustments	-	-	-	-	0.39	3.42
Net Income to Common	5.67	15.97	-24.94	-0.39	20.17	-99.93
Shares Outstanding (Basic)	143	141	141	140	137	131
Shares Outstanding (Diluted)	143	141	141	140	137	131
Shares Change (YoY)	1.40%	0.25%	0.22%	2.36%	4.22%	-
EPS (Basic)	0.04	0.11	-0.18	-0.00	0.15	-0.76
EPS (Diluted)	0.04	0.11	-0.18	-0.00	0.15	-0.76
Free Cash Flow	-25.47	7.53	20.92	-39.77	16.65	7.98
Free Cash Flow Per Share	-0.18	0.05	0.15	-0.28	0.12	0.06
Dividend Per Share	-	-	0.228	0.219	0.204	0.110
Dividend Growth	-	-	4.11%	7.35%	85.45%	-
Gross Margin	34.18%	35.11%	31.83%	31.88%	32.52%	34.51%
Operating Margin	1.65%	4.18%	2.58%	0.33%	0.74%	3.07%
Profit Margin	0.40%	1.13%	-1.73%	-0.03%	1.71%	-10.36%
Free Cash Flow Margin	-1.77%	0.53%	1.45%	-2.82%	1.41%	0.83%
EBITDA	101.72	129.92	116.66	91.45	89.43	74.37
EBITDA Margin	7.08%	9.22%	8.11%	6.49%	7.57%	7.71%
D&A For EBITDA	77.94	70.94	79.49	86.8	80.73	44.74
EBIT	23.78	58.98	37.17	4.65	8.7	29.62
EBIT Margin	1.65%	4.18%	2.58%	0.33%	0.74%	3.07%
Effective Tax Rate	110.95%	55.75%	-	-	50.27%	-
Advertising Expenses	-	17.8	12.3	9.9	11.8	11.1

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q