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Beyond Meat (Beyond Meat) EBITDA : $-279.8 Mil (TTM As of Mar. 2024)


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What is Beyond Meat EBITDA?

Beyond Meat's EBITDA for the three months ended in Mar. 2024 was $-46.4 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $-279.8 Mil.

During the past 3 years, the average EBITDA Growth Rate was -97.20% per year. During the past 5 years, the average EBITDA Growth Rate was -137.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 8 years, the highest 3-Year average EBITDA Growth Rate of Beyond Meat was 61.90% per year. The lowest was -527.50% per year. And the median was -86.20% per year.

Beyond Meat's EBITDA per Share for the three months ended in Mar. 2024 was $-0.72. Its EBITDA per share for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.34.

During the past 3 years, the average EBITDA per Share Growth Rate was -95.10% per year. During the past 5 years, the average EBITDA per Share Growth Rate was -118.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.

During the past 8 years, the highest 3-Year average EBITDA per Share Growth Rate of Beyond Meat was 60.60% per year. The lowest was -446.00% per year. And the median was -67.90% per year.


Beyond Meat EBITDA Historical Data

The historical data trend for Beyond Meat's EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Beyond Meat EBITDA Chart

Beyond Meat Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBITDA
Get a 7-Day Free Trial -1.26 -36.81 -153.76 -310.61 -282.19

Beyond Meat Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -48.76 -46.13 -63.60 -123.70 -46.38

Competitive Comparison of Beyond Meat's EBITDA

For the Packaged Foods subindustry, Beyond Meat's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Beyond Meat's EV-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Beyond Meat's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Beyond Meat's EV-to-EBITDA falls into.


Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Beyond Meat's EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Beyond Meat's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Dec. 2023, Beyond Meat's EBITDA was $-282.2 Mil.

Beyond Meat's EBITDA for the quarter that ended in Mar. 2024 is calculated as

Beyond Meat's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Mar. 2024, Beyond Meat's EBITDA was $-46.4 Mil.

EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-279.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Beyond Meat  (NAS:BYND) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


Beyond Meat EBITDA Related Terms

Thank you for viewing the detailed overview of Beyond Meat's EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Beyond Meat (Beyond Meat) Business Description

Address
119 Standard Street, El Segundo, CA, USA, 90245
Beyond Meat Inc is a provider of plant-based meats, such as burgers, sausage, ground beef, and chicken. Unlike other vegetarian products, Beyond Meat seeks to replicate the look, cook, and taste of meat targeted to omnivores and vegetarians alike and is sold in the meat case. The products are widely available across the U.S. and Canada and in 83 additional countries as well. International revenue represented 31% of 2021 sales. The firm's products are available in retail stores and the food service channel. In 2019, before the pandemic struck, sales were evenly split between these two channels, although the mix stood at 70% retail/30% food service in 2021. We think the recovery from the crisis and new deals with McDonald's and Yum Brands will return food-service sales to 50% in time.
Executives
Chad M Peffer officer: Interim Chief Growth Officer C/O BEYOND MEAT, INC., 888 N. DOUGLAS STREET, SUITE 100, EL SEGUNDO CA 90245
C James Koch director C/O THE BOSTON BEER COMPANY, ONE DESIGN CENTER PLACE, SUITE 850, BOSTON MA 02210
Akerho Oghoghomeh officer: See Remarks C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Dariush Ajami officer: Chief Innovation Officer C/O BEYOND MEAT, INC., 1325 E. EL SEGUNDO BLVD., EL SEGUNDO CA 90245
Lubi Kutua officer: CFO, Treasurer C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Beth Moskowitz officer: Chief Creative Officer C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Sharman Robert M Jr officer: See Remarks C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Henry Dieu officer: See Remarks. C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Brad Hiranaga officer: SEE REMARKS C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Jay Colleen director C/O THE COOPER COMPANIES, INC., 6140 STONERIDGE MALL ROAD, SUITE 590, PLEASANTON CA 94588
Diane Carhart director C/O BEYOND MEAT, INC., 1325 E. EL SEGUNDO BLVD., EL SEGUNDO CA 90245
Teri L Witteman officer: General Counsel, Secretary 20333 S. NORMANDIE AVE, TORRANCE CA 90502
George Bernard Adcock officer: Chief Suppy Chain Officer C/O BEYOND MEAT, INC., 119 STANDARD ST., EL SEGUNDO CA 90245
Douglas Wayne Ramsey officer: Chief Operating Officer C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Jonathan P Nelson officer: Interim COO C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245

Beyond Meat (Beyond Meat) Headlines

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