TreeHouse Foods, Inc. (THS) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Total Current Assets | 968.6M | 908.1M | 775.5M | 1.01B | 999.5M | 928.3M | 955.3M | 1.05B | 836M | 875.2M | 831.8M | 839.4M | 2.19B | 1.35B | 1.28B | 2.18B | 1.13B | 1.08B | 1.12B | 1.43B |
| Cash & Short-Term Investments | 21M | 17.1M | 16.4M | 289.6M | 102M | 105.8M | 191.8M | 320.3M | 19.7M | 16.9M | 14.6M | 43M | 74.7M | 199.1M | 192.8M | 304.5M | 67.4M | 17.4M | 48.8M | 364.6M |
| Cash Only | 21M | 17.1M | 16.4M | 289.6M | 102M | 105.8M | 191.8M | 320.3M | 19.7M | 16.9M | 14.6M | 43M | 74.7M | 199.1M | 192.8M | 304.5M | 67.4M | 17.4M | 48.8M | 364.6M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 231.4M | 212M | 132.7M | 146.8M | 224.7M | 186.2M | 173.2M | 175.6M | 165.5M | 163.5M | 158.4M | 158.8M | 155.1M | 218.2M | 264.3M | 151.3M | 255.5M | 259.7M | 241M | 308.8M |
| Days Sales Outstanding | 100.51 | 96.97 | 61.16 | 59.16 | 97.74 | 86.19 | 77.03 | 70.37 | 69.97 | 74.27 | 67.7 | 58.18 | 67.97 | 98.3 | 124.86 | 47.37 | 124.06 | 94.49 | 83.2 | 95.75 |
| Inventory | 668.2M | 634.8M | 589.2M | 539.3M | 617.3M | 592.4M | 542.3M | 534M | 618.7M | 673.4M | 628M | 554M | 648.9M | 854.1M | 741.6M | 461.6M | 721.7M | 713.7M | 653M | 598.6M |
| Days Inventory Outstanding | 357.4 | 351.7 | 317.76 | 270.09 | 318.29 | 327.52 | 279.3 | 256.8 | 311.14 | 366.69 | 327.27 | 246.51 | 338.36 | 445.86 | 401.67 | 169.38 | 420.93 | 311.19 | 272.02 | 230.16 |
| Other Current Assets | 48M | 44.2M | 37.2M | 34M | 55.5M | 43.9M | 48M | 24.9M | 32.1M | 21.4M | 30.8M | 83.6M | 1.25B | 0 | 0 | 1.2B | 0 | 0 | 74.5M | 70.7M |
| Total Non-Current Assets | 2.81B | 3.14B | 3.15B | 2.97B | 2.97B | 2.98B | 3.01B | 3.05B | 3.48B | 3.51B | 3.42B | 3.41B | 2.99B | 3.92B | 3.95B | 3.03B | 3.96B | 4B | 4.02B | 4.06B |
| Property, Plant & Equipment | 917.6M | 942.3M | 948.4M | 903M | 897.7M | 890.8M | 911.5M | 930.6M | 917.2M | 926.1M | 850.3M | 826M | 838.7M | 1.18B | 1.2B | 838.2M | 1.18B | 1.19B | 1.21B | 1.23B |
| Fixed Asset Turnover | 0.92x | 0.85x | 0.84x | 1.00x | 0.93x | 0.89x | 0.90x | 0.98x | 0.94x | 0.87x | 1.00x | 1.21x | 0.99x | 0.69x | 0.65x | 1.39x | 0.64x | 0.84x | 0.88x | 0.96x |
| Goodwill | 1.6B | 1.89B | 1.89B | 1.82B | 1.82B | 1.82B | 1.82B | 1.82B | 1.82B | 1.82B | 1.82B | 1.82B | 1.82B | 2.18B | 2.18B | 1.82B | 2.18B | 2.18B | 2.18B | 2.18B |
| Intangible Assets | 254.3M | 266.8M | 278.7M | 212.9M | 224.8M | 235.3M | 246.4M | 257.4M | 268.1M | 279.5M | 284.9M | 296M | 305.4M | 522.8M | 539.9M | 336.6M | 570.3M | 586.4M | 600.4M | 615M |
| Long-Term Investments | 0 | 100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 34.1M | 34.7M | 35.6M | 35.1M | 24.3M | 28.3M | 25.3M | 39.1M | 473.8M | 475M | 469.3M | 474.9M | 32M | 32.3M | 31.6M | 28.6M | 28.8M | 33.7M | 35M | 32.5M |
| Total Assets | 3.78B | 4.04B | 3.93B | 3.98B | 3.97B | 3.9B | 3.96B | 4.11B | 4.32B | 4.38B | 4.25B | 4.25B | 5.19B | 5.27B | 5.23B | 5.21B | 5.08B | 5.08B | 5.14B | 5.49B |
| Asset Turnover | 0.22x | 0.20x | 0.20x | 0.23x | 0.21x | 0.20x | 0.21x | 0.22x | 0.20x | 0.18x | 0.20x | 0.23x | 0.16x | 0.15x | 0.15x | 0.22x | 0.15x | 0.20x | 0.21x | 0.21x |
| Asset Growth % | -4.87% | 3.56% | -0.87% | -3.08% | -8.08% | -10.85% | -6.87% | -3.46% | -16.76% | -16.84% | -18.63% | -18.32% | 2.08% | 3.66% | 1.67% | -5.07% | -5.64% | -3.06% | -2.44% | 6.74% |
| Total Current Liabilities | 748.8M | 720.2M | 680.7M | 744.9M | 716.2M | 645.7M | 629.3M | 704.3M | 722.3M | 691.9M | 776.5M | 827.8M | 1.26B | 1.17B | 1.09B | 1.16B | 933.6M | 900.1M | 927.4M | 990.7M |
| Accounts Payable | 554.7M | 534.5M | 509.4M | 602.5M | 547.1M | 493.8M | 482.1M | 534.9M | 543.1M | 526.5M | 594.7M | 618.7M | 721.9M | 915.3M | 840.5M | 625.9M | 635M | 591.7M | 610.1M | 627.7M |
| Days Payables Outstanding | 296.7 | 296.13 | 274.72 | 301.75 | 282.09 | 273 | 248.29 | 257.23 | 273.12 | 286.7 | 309.92 | 275.3 | 376.42 | 477.81 | 455.23 | 229.67 | 370.37 | 258 | 254.15 | 241.35 |
| Short-Term Debt | 13.4M | 5.8M | 5.4M | 1.1M | 900K | 600K | 300K | 400K | 500K | 500K | 500K | 600K | 11.3M | 8.1M | 4.7M | 15.4M | 15.8M | 16M | 15.9M | 15.7M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 180.7M | 0 | 0 | 17.8M | 0 | 0 | 0 | 24.1M | 0 | 0 | 0 | 17.9M | 361.5M | 0 | 0 | 356.5M | 0 | 0 | 5.9M | 125M |
| Current Ratio | 1.29x | 1.26x | 1.14x | 1.36x | 1.40x | 1.44x | 1.52x | 1.50x | 1.16x | 1.26x | 1.07x | 1.01x | 1.74x | 1.15x | 1.18x | 1.89x | 1.21x | 1.20x | 1.21x | 1.44x |
| Quick Ratio | 0.40x | 0.38x | 0.27x | 0.63x | 0.53x | 0.52x | 0.66x | 0.74x | 0.30x | 0.29x | 0.26x | 0.34x | 1.23x | 0.42x | 0.49x | 1.49x | 0.43x | 0.41x | 0.50x | 0.84x |
| Cash Conversion Cycle | 161.22 | 152.54 | 104.19 | 27.51 | 133.94 | 140.71 | 108.03 | 69.94 | 107.99 | 154.26 | 85.05 | 29.39 | 29.9 | 66.35 | 71.3 | -12.92 | 174.63 | 147.68 | 101.07 | 84.56 |
| Total Non-Current Liabilities | 1.76B | 1.8B | 1.73B | 1.69B | 1.7B | 1.71B | 1.72B | 1.74B | 1.9B | 1.95B | 1.77B | 1.74B | 2.21B | 2.28B | 2.29B | 2.2B | 2.29B | 2.32B | 2.35B | 2.63B |
| Long-Term Debt | 1.62B | 1.5B | 1.42B | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 1.55B | 1.59B | 1.43B | 1.39B | 1.88B | 1.88B | 1.89B | 1.89B | 1.89B | 1.92B | 1.93B | 2.2B |
| Capital Lease Obligations | 0 | 144.9M | 153.8M | 125.4M | 135.1M | 143.8M | 153.2M | 165M | 170.4M | 172.4M | 157.8M | 159.1M | 158.6M | 166.9M | 170.4M | 119M | 132.9M | 131M | 137.1M | 144.5M |
| Deferred Tax Liabilities | 95.3M | 106.3M | 104.6M | 105.8M | 107.2M | 106M | 111.3M | 111.4M | 108.9M | 110.5M | 109.2M | 108.7M | 106.9M | 155.8M | 157.8M | 105.1M | 150.4M | 154.3M | 158.4M | 158.3M |
| Other Non-Current Liabilities | 49.9M | 50.9M | 51.9M | 53.7M | 58.4M | 61.2M | 63.2M | 65.1M | 70.4M | 76.2M | 73.6M | 77.3M | 69.1M | 73.9M | 80.1M | 90.6M | 113.8M | 120.6M | 125.3M | 128.2M |
| Total Liabilities | 2.51B | 2.52B | 2.41B | 2.43B | 2.42B | 2.35B | 2.35B | 2.44B | 2.62B | 2.65B | 2.55B | 2.57B | 3.47B | 3.45B | 3.38B | 3.36B | 3.22B | 3.22B | 3.28B | 3.62B |
| Total Debt | 1.63B | 1.65B | 1.58B | 1.57B | 1.54B | 1.54B | 1.55B | 1.6B | 1.72B | 1.77B | 1.59B | 1.59B | 2.09B | 2.06B | 2.06B | 2.06B | 2.04B | 2.06B | 2.08B | 2.39B |
| Net Debt | 1.61B | 1.63B | 1.56B | 1.28B | 1.43B | 1.44B | 1.36B | 1.28B | 1.7B | 1.75B | 1.58B | 1.55B | 2.01B | 1.86B | 1.87B | 1.75B | 1.98B | 2.05B | 2.03B | 2.03B |
| Debt / Equity | 1.29x | 1.08x | 1.04x | 1.01x | 0.99x | 1.00x | 0.96x | 0.96x | 1.02x | 1.02x | 0.93x | 0.94x | 1.22x | 1.14x | 1.12x | 1.11x | 1.10x | 1.11x | 1.12x | 1.28x |
| Debt / EBITDA | - | 23.74x | 43.92x | 13.28x | 22.42x | 47.91x | 49.36x | 20.45x | 24.74x | 27.23x | 20.93x | 14.90x | 79.98x | 214.43x | - | 61.24x | 145.89x | 35.65x | 32.29x | 22.47x |
| Net Debt / EBITDA | - | 23.49x | 43.46x | 10.83x | 20.93x | 44.62x | 43.25x | 16.36x | 24.45x | 26.97x | 20.74x | 14.49x | 77.11x | 193.69x | - | 52.17x | 141.08x | 35.35x | 31.53x | 19.05x |
| Interest Coverage | -10.63x | 1.23x | -0.28x | 4.97x | 1.99x | -0.26x | -0.33x | 2.49x | 1.61x | 1.58x | 2.30x | 3.43x | -0.33x | -1.51x | -3.37x | -1.04x | 0.55x | 0.22x | 0.44x | 2.00x |
| Total Equity | 1.26B | 1.53B | 1.52B | 1.55B | 1.55B | 1.55B | 1.61B | 1.66B | 1.7B | 1.73B | 1.7B | 1.69B | 1.72B | 1.81B | 1.85B | 1.85B | 1.86B | 1.86B | 1.86B | 1.86B |
| Equity Growth % | -18.68% | -1.61% | -5.55% | -6.96% | -8.44% | -10.65% | -5.65% | -1.32% | -1.12% | -4.34% | -7.76% | -8.58% | -7.69% | -2.42% | -0.9% | -1.05% | 1.67% | 3.04% | 4.27% | 1.86% |
| Book Value per Share | 25.00 | 30.32 | 30.20 | 30.25 | 29.92 | 29.64 | 29.89 | 30.10 | 30.07 | 30.54 | 30.06 | 29.75 | 30.57 | 32.39 | 33.11 | 33.07 | 33.29 | 33.19 | 33.00 | 33.01 |
| Total Shareholders' Equity | 1.26B | 1.53B | 1.52B | 1.55B | 1.55B | 1.55B | 1.61B | 1.66B | 1.7B | 1.73B | 1.7B | 1.69B | 1.72B | 1.81B | 1.85B | 1.85B | 1.86B | 1.86B | 1.86B | 1.86B |
| Common Stock | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K |
| Retained Earnings | -522.5M | -256.7M | -253.8M | -222M | -280.7M | -277.3M | -260.6M | -248.9M | -256.4M | -263.5M | -286.8M | -302M | -278.6M | -188.1M | -158.7M | -155.7M | -126.6M | -133.3M | -141.7M | -143.2M |
| Treasury Stock | -385.4M | -385.4M | -385.4M | -385.4M | -323.7M | -323.7M | -278.5M | -234.2M | -183.7M | -133.3M | -133.3M | -133.3M | -133.3M | -133.3M | -133.3M | -133.3M | -133.3M | -133.3M | -108.3M | -108.3M |
| Accumulated OCI | -79.7M | -78.1M | -82.5M | -82.7M | -78.5M | -80M | -78.7M | -76.1M | -83.1M | -81.4M | -83.4M | -83.7M | -74.2M | -59.8M | -49.2M | -53.6M | -66M | -57M | -63M | -64M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |