← BackNATIONAL BEVERAGE CORP · Bottled & Canned Soft Drinks & Carbonated WatersFIZZ
Low riskNext report: Around Dec 11 (est.)
The short versionA high-quality, profitable business with steady sales. Institutions are adding.
Going well
- Profitable every year for 10 years
- Brings in more cash than it spends
- No debt reported
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 3.7% to their holdings in the quarter ending June 2026 (148 bought, 95 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$35.81-1.0% that day
- Company value
- $3.4B
- Share price times all shares
- Price vs profit (P/E)
- 19.3x
- You pay about $19 for each $1 of yearly profit
- Price vs sales
- 2.8x
- Company value is 2.8 times a year of sales
- Cash vs value
- 3%
- Cash as a share of company value
From FIZZ's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Aug '26$330.7M+0.0% vs a year earlier
Oct '23Tap a barAug '26
Last 12 months: $1.2B, down 1.8% from the 12 months before. Over 5 years, sales grew about 1.9% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.37.1%
- PassDebt under half of equityNot relying on borrowed money.No debt reported
- PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.15.6%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$156.1M
- PassShare count not growingNot diluting owners. Falling means buybacks.+0.1% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.37.0%
- Revenue
- $1.2B
- -1.7% vs prior year
- 5-year growth
- +1.9%/yr
- revenue, per year
- Total debt
- None
- 0.00x equity
- Current ratio
- 4.41x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Aug 1, 2026- Revenue
- $330.7M
- 0.0% YoY
- EPS
- $0.50
- vs $0.60
- Op. margin
- 17.7%
- -3.7 pts
- Gross margin
- 35.0%
- -3.0 pts
- Free cash flow
- $61.8M
- Share count
- 0.0%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.5
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+3.7%Institutions added 3.7% to their holdings. 148 bought, 95 sold. 3 quarters of net buying in a row.
Shares held by institutions24.6M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+0.1%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
No debt reportedShares outstandingLatest reported
94MNext reportAround Dec 11 (est.)Estimated from the same quarter last year
- Results filedSep 11
- Results filedJul 2
- Results filedMar 13
- Results filedDec 12, 2025
- Results filedSep 12, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.