What are National Beverage's profit margins?

National Beverage (FIZZ) runs a 37.4% gross margin and a 19.8% operating margin, with a 15.7% net margin.

Where do National Beverage's ratios come from?

Every ratio is computed from National Beverage's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

National Beverage FIZZ Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q3 '26	Q2 '26	Q1 '26	Q4 '25	Q3 '25
Profitability
Gross margin	37.4%+0.3pp	37.2%+0.4pp	37.2%+0.7pp	37%+1.0pp	37.1%+1.4pp
Operating margin	19.8%+0.4pp	19.7%+0.5pp	19.7%+0.9pp	19.6%+1.3pp	19.5%+1.3pp
Net margin	15.7%0.0pp	15.6%-0.1pp	15.5%+0.1pp	15.6%+0.7pp	15.7%+1.3pp
EBITDA margin	21.7%+0.5pp	21.5%+0.5pp	21.4%+0.9pp	21.3%+1.3pp	21.2%+1.4pp
Free cash flow margin	13.8%-1.0pp	13.1%-1.0pp	14.4%+1.3pp	14.2%+0.1pp	14.8%+1.4pp
Returns
Return on equity	37.9%-2.9pp	40.9%-4.0pp	45.8%-4.6pp	37.2%-0.7pp	40.8%+1.0pp
Return on assets	27.1%-1.1pp	28.6%-1.6pp	29.5%-2.1pp	25.9%-0.4pp	28.3%+1.1pp
Return on invested capital	56%-3.0pp	55.9%-6.7pp	59.6%-6.8pp	59%-2.8pp	59.1%-0.4pp
Efficiency
Asset turnover	1.7×-0.1×	1.8×-0.1×	1.9×-0.2×	1.7×-0.1×	1.8×-0.1×
Inventory turnover	8.3×-0.3×	8.1×-0.1×	8.2×-0.1×	8.9×+0.4×	8.6×+0.2×
Liquidity
Current ratio	4.4×+1.5×	4.3×+1.7×	3.2×+1.3×	2.9×-1.0×	2.9×-0.7×
Quick ratio	3.6×+1.4×	3.4×+1.6×	2.6×+1.2×	2.3×-1.0×	2.2×-0.8×
Cash ratio	2.6×+1.3×	2.3×+1.5×	1.7×+1.2×	1.4×-1.0×	1.2×-0.8×
Leverage
Debt-to-equity	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.2×+0.1×	0.1×0.0×
Debt-to-assets	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Net debt / EBITDA	-1×-0.6×	-0.8×-0.5×	-0.7×-0.6×	-0.5×+0.7×	-0.4×+0.6×
Per Share
Book value per share	$6.31+47.7%	$5.88+53.1%	$5.38+64.4%	$4.74-20.7%	$4.27-21.6%
Valuation
Market capitalization	$3.4B-8.7%	$3.19B-31.0%	$3.94B-6.8%	$4.14B-4.1%	$3.73B-24.2%
Enterprise value	$3.15B-13.3%	$2.99B-34.5%	$3.76B-10.5%	$4.02B-0.7%	$3.63B-22.7%
Price / earnings	18.1×-2.0×	17.1×-7.8×	21.2×-1.8×	22.2×-2.3×	20.1×-9.0×
Price / sales	2.8×-0.3×	2.7×-1.2×	3.3×-0.3×	3.4×-0.2×	3.1×-1.0×
Price / book	5.8×-3.6×	5.8×-7.0×	7.8×-6.0×	9.3×+1.6×	9.3×-0.3×
EV / EBITDA	12.1×-2.3×	11.6×-6.7×	14.6×-2.5×	15.7×-1.3×	14.5×-5.6×
EV / sales	2.6×-0.4×	2.5×-1.3×	3.1×-0.4×	3.3×0.0×	3.1×-0.9×
Free cash flow yield	4.9%+0.1pp	4.9%+1.3pp	4.4%+0.7pp	4.1%+0.2pp	4.7%+1.5pp
Earnings yield	5.5%+0.5pp	5.8%+1.8pp	4.7%+0.4pp	4.5%+0.4pp	5%+1.5pp
PEG ratio	14.5×+12.5×	39.8×+37.9×	20.3×+19.0×	3.9×+2.9×	2.1×+0.7×

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Questions, answered.

What are National Beverage's profit margins?: National Beverage (FIZZ) runs a 37.4% gross margin and a 19.8% operating margin, with a 15.7% net margin.
Where do National Beverage's ratios come from?: Every ratio is computed from National Beverage's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.