GuruFocus·Jun 26, 2026
Apogee Enterprises Reports Fiscal 2027 First Quarter ResultsApogee Enterprises, Inc. (Nasdaq: APOG), a leading provider of architectural building products and services, as well as high-performance coated materials used
Kellanova(K)Earnings, Financials & Key Ratios
K•NYSE
$83.44
21.5× P/E·Price updated Jun 20, 2026
AboutKellanova, together with its subsidiaries, manufactures and markets snacks and convenience foods in North America, Europe, Latin America, the Asia Pacific, the Middle East, Australia, and Africa. Its principal products consist of snacks, such as crackers, savory snacks, toaster pastries, cereal bars, granola bars, and bites; and convenience foods, including ready-to-eat cereals, frozen waffles, veggie foods, and noodles; and crisps. The company offers its products under the Kellogg's, Cheez-It, Pringles, Austin, Parati, RXBAR, Eggo, Morningstar Farms, Bisco, Club, Luxe, Minueto, Special K, Toasteds, Town House, Zesta, Zoo Cartoon, Choco Krispis, Crunchy Nut, Kashi, Nutri-Grain, Squares, Zucaritas, Rice Krispies Treats, Sucrilhos, Pop-Tarts, K-Time, Sunibrite, Split Stix, LCMs, Coco Pops, Krave, Frosties, Rice Krispies Squares, Incogmeato, Veggitizers, Gardenburger, Trink, Carr's, Kellogg's Extra, Müsli, Fruit n Fibre, Kellogg's Crunchy Nut, Country Store, Smacks, Honey Bsss, Zimmy's, Toppas, Tresor, Froot Ring, Chocos, Chex, Guardian, Just Right, Sultana Bran, Rice Bubbles, Sustain, Choco Krispies, Melvin, Cornelius, Chocovore, Poperto, Pops the Bee, and Sammy the Seal brand names. It sells its products to retailers through direct sales forces, as well as brokers and distributors. The company was formerly known as Kellogg Company and changed its name to Kellanova in October 2023. Kellanova was founded in 1906 and is headquartered in Chicago, Illinois.Show more
- Revenue$12.75B-2.8%
- EBITDA$2.24B+19.7%
- Net Income$1.34B+41.2%
- EPS (Diluted)3.88+40.6%
- Gross Margin36.86%+12.8%
- EBITDA Margin17.57%+23.2%
- Operating Margin14.69%+28.1%
- Net Margin10.53%+45.4%
- ROE37.04%+50.8%
K Price & Volume
Kellanova (K) stock price & volume — 10-year historical chart
Loading chart...
Stagnant Revenue Growth Masks Persistent Liquidity Risks
Investment Thesis • Updated 2025Q2
VerdictNegative
Growth:Contracting
Profitability:Moderate
Financial:Strained
Cash Flow:Deteriorating
Primary Risk:Volume elasticity and leverage
Key Thesis Takeaways
- Kellanova faces a challenging transition period post-divestiture, characterized by stagnant top-line growth of 0.3% in 2025Q2 and significant volume elasticity concerns within its core snacking portfolio.
- While the company has attempted to stabilize margins, the reliance on aggressive pricing has failed to drive meaningful expansion, leaving the firm vulnerable to input cost volatility.
- Investors should remain cautious as the combination of a 1.54 debt-to-equity ratio and a 0.68 current ratio suggests limited financial flexibility to navigate ongoing operational headwinds.
Verdict Logic
the company's inability to convert revenue into cash, evidenced by a 0.57 OCF/NI ratio in 2025Q2, combined with elevated leverage, warrants a cautious stance.
K Growth Metrics
Kellanova (K) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-1.33%
5 Years-1.25%
3 Years2.77%
TTM-1.39%
Profit CAGR
10 Years7.83%
5 Years6.95%
3 Years-3.36%
TTM47.19%
EPS CAGR
10 Years8.29%
5 Years6.74%
3 Years-3.59%
TTM44.47%
Return on Capital
10 Years12.71%
5 Years12.98%
3 Years13.45%
Last Year17.4%
K Recent Earnings
Kellanova (K) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 7/12 qtrs (58%)
Q4 2025Latest
Oct 30, 2025Metric
Actual
Est
EPS
$0.94+8.4%
$0.87
Rev
$3.3B+0.4%
$3.2B
Q3 2025
Jul 31, 2025Metric
Actual
Est
EPS
$0.94-5.0%
$0.99
Rev
$3.2B+0.5%
$3.2B
Q2 2025
May 1, 2025Metric
Actual
Est
EPS
$0.90-10.9%
$1.01
Rev
$3.1B-3.0%
$3.2B
Q1 2025
Feb 6, 2025Metric
Actual
Est
EPS
$0.92+196.8%
$0.31
Rev
$3.1B+0.7%
$3.1B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q4 2025Latest | Oct 30, 2025 | $0.94vs $0.87+8.4% | $3.3Bvs $3.2B+0.4% |
| Q3 2025 | Jul 31, 2025 | $0.94vs $0.99-5.0% | $3.2Bvs $3.2B+0.5% |
| Q2 2025 | May 1, 2025 | $0.90vs $1.01-10.9% | $3.1Bvs $3.2B-3.0% |
| Q1 2025 | Feb 6, 2025 | $0.92vs $0.31+196.8% | $3.1Bvs $3.1B+0.7% |
Based on last 12 quarters of dataView full earnings history →
Latest K News
Recent stock market news and headlines for Kellanova (K)
Peers Comparison
Key metrics vs top competitors for Kellanova (K)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $83.44 | $29.03B | 21.51 | -2.84% | 10.53% | 37.04% | 2.69% | |
| $37.10 | $19.8B | -231.88 | -5.45% | -0.48% | -0.98% | — | |
| $22.90 | $6.83B | 11.39 | 6.4% | 6.12% | 15.3% | — | |
| $113.24 | $12.08B | -87.11 | 3.72% | -1.53% | -2.44% | — | |
| $14.04 | $6.71B | 5.82 | -3.64% | -0.39% | -0.51% | — | |
| $24.70 | $13.59B | 28.39 | 1.55% | 3.82% | 5.85% | — |
Compare K vs Peers
Kellanova (K) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
K SEC Filings & Documents
Kellanova (K) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Dec 11, 2025·SEC
Material company update
Dec 8, 2025·SEC
Material company update
Oct 30, 2025·SEC
10-K Annual Reports
1FY 2025
Feb 21, 2025·SEC
10-Q Quarterly Reports
4Get notified when K posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
K Frequently Asked Questions
Kellanova (K) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Kellanova's revenue?
Kellanova (K) reported $12.64B in revenue for fiscal year 2024. This represents a 81% increase from $7.00B in 1995.
How fast is Kellanova growing?
Kellanova (K) saw revenue decline by 2.8% over the past year.
Is K profitable?
Yes, Kellanova (K) is profitable, generating $1.33B in net income for fiscal year 2024 (10.5% net margin).
Dividend & Returns
Does K pay dividends?
Yes, Kellanova (K) pays a dividend with a yield of 2.69%. This makes it attractive for income-focused investors.
What is K's return on equity?
Kellanova (K) has a return on equity (ROE) of 37.0%. This is excellent, indicating efficient use of shareholder capital.
What is Kellanova's free cash flow?
Kellanova (K) generated $650.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.