Company Analysis

BellRing Brands, Inc. (BRBR)

NYSE: BRBR · Food and Kindred Products · Clayton, MO · filing with the SEC since 2019
Grade6.5
◀ Past 6.4● Present 6.4▶ Future 6.5

The grade of BellRing Brands, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.5/10
◀ Past6.430% of the headline
● Present6.440% of the headline
▶ Future6.530% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.4/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.4/10

Has it survived what it has been through?

No warning events in its filings since 2019.

weight 33% of this tense · 74th percentile among 21 sector filers · read for itself

From the record

BellRing Brands, Inc.'s filings since 2019 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.6/10

What has it actually done, year after year?

+15.8% a year over 8 filed years; profitable in 6 of 8.

weight 45% of this tense · 76th percentile among 18 sector filers · read for its customers

From the record

BellRing Brands, Inc.'s 8 filed years say what it did: revenue went from $828 million in fiscal 2018 to $2.3 billion in fiscal 2025, up 15.8% a year; it rose in 7 of 7 years; it never fell from a peak; net income was positive in 6 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span15.8%top 32% of its family
  • the share of years revenue rosetop 11% of its family
  • the share of filed years with a profittop 42% of its family
  • the deepest fall from a revenue peak0.0%top 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.4/10

How has it treated the people who own it?

Share count grew 11.1% a year. 0% of cash flow returned. Insiders: 2 sales, 3 purchases.

weight 22% of this tense · 24th percentile among 10 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-09-30, BellRing Brands, Inc.'s diluted share count grew about 11.1% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 2 sales (1 under scheduled 10b5-1 plans) and 3 purchases of their own stock on the open market in the year to 2026-10-02, buying about $92 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 31% of its family
  • cash returned against operating cash flowbottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.4/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.9/10

Is it financially healthy right now?

Leverage 148%: owes 148¢ per asset dollar.

weight 45% of this tense · 59th percentile among 19 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-09-30, BellRing Brands, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 82 cents per dollar of everything the company owns. Leverage: it owed about 148 cents per dollar of assets, and net share issuance: its share count shrank 2.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 8% of its family
  • gross profit against assetstop 9% of its family
  • the share count against the year beforetop 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
8.2/10

How strong is its position in its industry?

top 18% of 19 in its family; net margin 9.3%.

weight 33% of this tense · 82nd percentile among 19 sector filers · read for its customers

From the record

BellRing Brands, Inc.'s standing among 19 graded names in its industry family: revenue of $2.3 billion in fiscal 2025 ranks in the top 26% by size; a net margin of 9.3% ranks in the top 8%; revenue growth of 19.1% a year over the last 3 filed years ranks in the top 19% (its annual reports).

What it rests on

  • revenue against the family$2.32Btop 26% of its family
  • net margin9.3%top 8% of its family
  • three-year revenue growth19.1%top 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.8/10

What are the people in charge doing?

bottom 48% of 13 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 48th percentile among 13 sector filers · read for its shareholders

From the record

BellRing Brands, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Axelrod, Michael Carey (President and CEO, as filed), filing under that title since 2026-07-31, 3 months (bottom 14% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 7.1 years (top 19%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (top 50%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge6 in three years among 13 peopletop 50% of its family
  • the median years the people in charge have filed7.1 yearstop 19% of its family
  • the chief executive's years on the record4 monthsbottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.5/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.5/10

How much room does it have to grow?

top 45% of 18 in its family for room to expand.

weight 45% of this tense · 55th percentile among 18 sector filers · read for itself

From the record

BellRing Brands, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $72 million against debt of $1.1 billion leaves -107.6% of its assets as net cash, bottom 3% of its family; cash from operations less capital spending is 11% of revenue (top 8%); a gross margin of 33.3% (top 21%); research spending of 0.7% of revenue (bottom 46%) (its annual report).

What it rests on

  • cash less debt against assets-107.6%bottom 3% of its family
  • cash from operations less capital spending against revenue11.0%top 8% of its family
  • gross margin33.3%top 21% of its family
  • research spending against revenue0.7%bottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
8.6/10

What could actually drive growth from here?

top 14% of 17 in its family for growth drivers.

weight 33% of this tense · 86th percentile among 17 sector filers · read for its customers

From the record

BellRing Brands, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 19.1% a year over the last three filed years against 15.8% over all 8, speeding up (top 9% of its family); the newest year grew 16.1% (top 15%); research spending grew 12% a year (top 12%); capital spending grew 37.7% a year (top 21%) (its annual reports). BellRing Brands, Inc. reported 3 product lines in fiscal 2025: Shakesandotherbeverages at $1.9 billion (82%), Powders at $367 million (16%), Other Products at $57 million (3%); 3 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+3.2 points a yeartop 9% of its family
  • the newest year's revenue growth16.1%top 15% of its family
  • three-year growth of research spending12.0%top 12% of its family
  • three-year growth of capital spending37.7%top 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.6/10

Did its newest year beat what its own record pointed to?

top 44% of 16 in its family for expectations against reality.

weight 22% of this tense · 56th percentile among 16 sector filers · read for its shareholders

From the record

BellRing Brands, Inc.'s newest year against its own record: revenue of $2.3 billion in fiscal 2025 came in 3.8% below the $2.4 billion its prior three years' pace pointed to (top 47% of its family); net income of $216 million against a prior three-year average of $165 million (top 38%); a net margin of 9.3% against 9.4% before (top 47%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-3.8%top 47% of its family
  • net income against the prior three years' average+31%top 38% of its family
  • net margin against its prior average-0.1 pointstop 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BRBR · research, not advice