UTZUtz Brands, Inc.
Is the business good?
Margins steady. That is the only one of 4 checks this filer's data supports, so take it as a single data point rather than a settled answer.
Operating profit is falling even as sales grow, costs are outrunning the top line.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is UTZ?
Utz Brands, Inc. earns 0.51% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 8.5 points below what the capital costs: growth destroys value
- Operating margin
- 0.67%
Operating margin · Packaged Foods median 7.7% · 12 months to Q2 2026
- Share count, year on year
- +0.95%
Share count, year on year · flat: no meaningful dilution
- Gross margin
- 25%
Gross margin
| Year | Operating margin |
|---|---|
| FY2019 | 5.0% |
| FY2021 | 0.89% |
| FY2022 | 0.38% |
| FY2023 | 1.1% |
| FY2024 | 4.2% |
| FY2025 | 1.4% |
Details›
- Gross margin12 months to Q2 2026
- 25%
- Operating margin12 months to Q2 2026
- 0.67%
- Net margin12 months to Q2 2026
- −2.0%
- Free cash flow margin
- 3.5%
- Revenue, trailing twelve months
- $1.45B
- Free cash flow, trailing twelve months
- $51M
- Net income, trailing twelve months
- −$29M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 0.51%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Customers and suppliers
Who buys from UTZ and who it buys from, as the companies report it.
- Customer one13%
Share of revenue · FY2025 10-K
- Top 10 customers40%
Combined share of revenue · FY2025 10-K
None disclosed.
A company has to disclose every customer behind 10% or more of its revenue. Each share comes from the latest annual report of the company that states it and shows on both companies’ pages; UTZ’s own figures are from its FY2025 10-K. Smaller customers and suppliers go unreported.