Post Holdings, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Post Holdings, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2024
Revenue	5,027	5,226	6,257	5,681	4,711	4,981	5,851	6,991	7,923	8,158
Cost of revenue	3,479	3,655	4,403	3,889	3,262	3,553	4,384	5,109	5,618	5,819
Gross profit	1,547	1,571	1,854	1,792	1,449	1,428	1,468	1,882	2,305	2,339
Research and development	16.3	18.6	25.1	25	19.1	21.9	18.9	22.9	29	31.9
Selling, general and administrative	840	868	976	912	783	807	905	1,078	1,330	1,309
Selling and marketing	184	160	153	122	113	112	93.2	124	189	148
Operating income	546	517	574	781	537	488	416	599	794	799
Interest expense	307	315	387	322	334	333	318	279	317	361
Interest income	2.7	6.8	7.4	7.9	6.2	0.6	4.4	20.9	14.8	26.5
Other non-operating income	-183	91.8	95.6	-307	11.5	29.3	19.8	12.7	12.9	5
Pre-tax income	-30.1	74.4	265	159	-45.9	214	895	413	472	444
Income tax	-26.8	26.1	-204	-3.9	-21.3	58.2	85.7	99.7	105	109
Net income to minority interests	0	0	1.1	1.3	1	7	7.5	11.6	0.2	0.1
Net income	-3.3	48.3	467	125	0.8	167	757	301	367	336
EBITDA	849	840	972	1,161	882	854	796	1,006	1,270	1,324
EPS, basic	-0.41	0.51	6.87	1.72	0.01	2.42	12.42	5.21	6.12	5.98
EPS, diluted	-0.41	0.50	6.16	1.66	0.01	2.38	12.09	4.82	5.64	5.51
Shares, basic (weighted)	68.8	67.8	66.6	70.8	68.9	64.2	60.9	60	59.9	56.1
Shares, diluted (weighted)	68.8	69.9	75.9	75.1	68.9	65.3	62.7	67	66.9	62.9
Dividend per share							2.97

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2024
Cash and equivalents	1,144	1,526	990	1,051	1,188	665	587	93.3	787	177
Receivables	385	481	462	445	442	452	544	512	583	735
Inventory	503	574	484	580	599	477	549	790	754	875
Other current assets	36.8	31.7	64.3	46.9	53.4	99.8	98.4	59	104	115
Total current assets	2,077	2,616	2,200	2,126	2,288	2,086	2,223	1,479	2,232	2,025
Property, plant and equipment	1,354	1,691	1,710	1,736	1,780	1,831	1,752	2,021	2,312	2,699
Lease right-of-use assets				0	116	116	123	176	229	261
Goodwill	3,080	4,032	4,500	4,400	4,439	4,502	4,350	4,574	4,701	4,845
Intangible assets	2,834	3,354	3,539	3,339	3,198	2,924	2,712	3,212	3,146	3,015
Other non-current assets	15.9	184	247	206	329	348	271	360	464	521
Total assets	9,361	11,877	13,058	11,952	12,147	12,415	11,308	11,647	12,854	13,528
Accounts payable	264	336	365	396	368	384	453	369	484	624
Short-term debt	12.3	22.1	22.1	13.5	64.9	1.1	1.1	1.1	1.2	1.2
Total current liabilities	634	704	792	803	974	1,049	824	805	945	1,213
Long-term debt	4,551	7,149	7,232	7,066	6,959	6,442	5,957	6,039	6,812	7,422
Lease liabilities				0	103	105	114	170	207	233
Other non-current liabilities	440	328	499	457	600	508	267	277	343	372
Total liabilities	6,352	9,087	9,997	9,014	9,318	9,356	7,736	7,795	8,753	9,765
Total debt	4,600	7,171	7,254	7,080	7,024	6,443	5,958	6,040	6,813	7,423
Paid-in capital	3,546	3,567	3,591	3,735	4,183	4,254	4,748	5,288	5,332	5,371
Retained earnings	-424	-376	88	208	209	347	1,109	1,417	1,783	2,119
Treasury stock	-53.4	-371	-590	-921	-1,509	-1,902	-2,341	-2,728	-3,031	-3,746
Other comprehensive income	-60.4	-40	-39.4	-96.8	-29.3	42.9	-263	-135	6.4	8.7
Shareholders' equity	3,009	2,780	3,050	2,926	2,855	2,742	3,254	3,842	4,091	3,753
Minority interests	0	9.7	10.1	11.4	-25.5	11.8	11.7	9.2	10.7	10.7
Total equity	3,009	2,790	3,061	2,937	2,829	2,754	3,266	3,851	4,101	3,764
Total liabilities and equity	9,361	11,877	13,058	11,952	12,147	12,415	11,308	11,647	12,854	13,528

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2024
Net income	-3.3	48.3	468	126	29	207	776	313	367	336
Depreciation and amortization	303	323	398	380	345	367	380	407	477	524
Stock-based compensation	17.2	23.6	30.9	38.9	43.3	48.7	65.8	77.2	84.4	81.6
Deferred income tax	-74.6	17.4	-257	-80.3	-44.1	68.2	-9.7	-22.9	-35.5	4.6
Change in receivables	-4	-45.9	-6	19.3	22.7	-117	-102	30.6	-19.5	-98.8
Change in inventory	-37.2	-2.5	3.6	-97.9	6.9	22.1	-86.8	-31.9	63.3	4.5
Change in payables	18.8	-109	29.4	4.4	-10.8	-48.7	106	-29.9	2.4	80.9
Cash from operations	502	387	719	688	626	588	383	750	932	998
Capital expenditures	-122	-190	-225	-274	-233	-191	-255	-303	-430	-510
Acquisitions	-94.4	-1,915	-1,454	0	-19.9	-290	-24.8	-715	-248	-920
Purchases of investments				0	-29.2	-5	0
Sales and maturities of investments				0	0	34.2	0	0
Cash from investing	-196	-2,095	-1,676	26.7	-219	-794	-221	-669	-678	-1,419
Debt issued	0	41.2	0	0	3,377	1,800	2,365	530	2,845	1,100
Debt repaid	-1,632	-2,088	-912	-919	-2,933	-1,698	-1,563	-307	-2,042	-526
Stock issued	0	0	5.7	113	3.9	7.6
Share buybacks	0	-318	-219	-322	-589	-397	-443	-387	-301	-709
Dividends paid	-14.4
Cash from financing	-4.5	2,053	423	-652	-272	-168	-387	-556	416	-189
Exchange rate effect	0.4	33.3	-2	-2.3	3.8	3.7	-9	1.8	3.9	1.5
Net change in cash	302	382	-536	60	139	-369	-234	-473	674	-608
Free cash flow	381	196	494	414	393	397	127	447	502	488
Interest paid	310	334	374	344	300	348	320	300	321	370
Income taxes paid	73.4	29.6	23	65	44.4	45.6	45.8	115	179	96.7

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $73.15 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	28.8%	Gross profit / revenue.
Operating margin	9.6%	Operating income / revenue.
EBITDA margin	16.4%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	4.7%	Pre-tax income / revenue.
Net margin	3.5%	Net income / revenue.
FCF margin	6.6%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	11.8%	Cash from operations / revenue.
Effective tax rate	25.5%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	9.5%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	2.3%	Net income / average total assets.
Return on invested capital (ROIC)	5.8%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	16.2%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	1.0%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	5.2%	Capital expenditures / revenue.
D&A / revenue	6.8%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	3.0%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	11.7%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	11.6%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	1.5%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	16.8%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	10.0%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	0.7%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	24.4%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	8.3%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	4.2%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	18.5%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	8.5%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	-8.5%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	-23.7%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	234.6%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	-2.3%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	-23.0%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	253.4%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	7.1%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	37.7%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	9.8%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	-2.8%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	56.5%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	4.4%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	-8.3%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	4.9%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	5.6%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	5.2%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	6.2%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	2.2%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-6.0%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	0.1%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-1.8%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.85x	Current assets / current liabilities.
Quick ratio	0.90x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.25x	(Cash + short-term investments) / current liabilities.
Debt / equity	2.48x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	59.4%	Total debt / total assets.
Liabilities / assets	76.0%	Total liabilities / total assets.
Net debt	$7.37B	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	5.34x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage	1.93x	Operating income / interest expense.
Working capital	$917.2M	Current assets - current liabilities.
Goodwill and intangibles / assets	59.3%	(Goodwill + intangible assets) / total assets.
Tangible book value	-$4.54B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.65x	Revenue / average total assets.
Fixed asset turnover	3.18x	Revenue / average property, plant and equipment.
Inventory turnover	6.44x	Cost of revenue / average inventory.
Days inventory	57 days	365 x average inventory / cost of revenue.
Receivables turnover	12.0x	Revenue / average receivables.
Days sales outstanding	30 days	365 x average receivables / revenue.
Days payables	34 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	53 days	Days inventory + days sales outstanding - days payables.
FCF conversion	188.7%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	44.3%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$5.71	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$163.99	Revenue / diluted weighted shares.
FCF per share	$10.78	Free cash flow / diluted weighted shares.
Operating cash flow per share	$19.35	Cash from operations / diluted weighted shares.
Book value per share	$60.00	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	-$88.54	Tangible book value / shares outstanding.
Cash per share	$5.18	(Cash + short-term investments) / shares outstanding.
Buybacks / FCF	215.3%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$3.22B	Share price x shares outstanding.
Enterprise value	$10.58B	Market cap + total debt - cash - short-term investments.
P/E	11.0x	Market cap / net income. Only when net income is positive.
P/S	0.38x	Market cap / revenue.
P/B	1.04x	Market cap / shareholders' equity. Only when equity is positive.
P/FCF	5.81x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	3.24x	Market cap / cash from operations, when positive.
EV/Sales	1.26x	Enterprise value / revenue.
EV/EBIT	13.1x	Enterprise value / operating income, when both are positive.
EV/EBITDA	7.68x	Enterprise value / EBITDA, when both are positive.
EV/FCF	19.1x	Enterprise value / free cash flow, when both are positive.
FCF yield	17.2%	Free cash flow / market cap.
Earnings yield	9.1%	Net income / market cap (the inverse of P/E).
Shareholder yield	37.0%	(Dividends paid + share buybacks) / market cap.

What was Post Holdings, Inc.'s revenue in fiscal 2024?

Post Holdings, Inc. reported revenue of $8.16B for fiscal 2024, 3% higher than the year before.

Was Post Holdings, Inc. profitable in fiscal 2024?

Yes. Net income was $335.7M, a net margin of 4.1%.

How much free cash flow did Post Holdings, Inc. generate in fiscal 2024?

Cash from operations of $998.3M minus capital expenditures of $510.2M left free cash flow of $488.1M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

Open interactive statements, quarterly figures and charts

Back to Post Holdings, Inc.