Kellanova
KConsumer Defensive · Food Confectioners · NYSE
$83.44
P/E 31.7×
CEO
Steven A. Cahillane
Sector
Consumer Defensive
Industry
Food Confectioners
Website
www.kelloggcompany.comKellanova, a worldwide enterprise, produces and supplies a diverse range of snack and convenience food products across North America, Europe, Latin America, the Asia Pacific region, the Middle East, Australia, and Africa. The company's primary offerings include various snack items such as crackers, savory treats, toaster pastries, assorted cereal and granola bars, and snack bites, along with crisps. Furthermore, its convenience food division features ready-to-eat breakfast cereals, frozen waffles, plant-based meal alternatives, and noodles. These items are marketed under an extensive portfolio of widely recognized brand names, prominently featuring Kellogg's, Cheez-It, Pringles, RXBAR, Eggo, Morningstar Farms, Pop-Tarts, and Special K. This vast array of brands also encompasses Austin, Parati, Bisco, Club, Luxe, Minueto, Toasteds, Town House, Zesta, Zoo Cartoon, Choco Krispis, Crunchy Nut, Kashi, Nutri-Grain, Squares, Zucaritas, Rice Krispies Treats, Sucrilhos, K-Time, Sunibrite, Split Stix, LCMs, Coco Pops, Krave, Frosties, Rice Krispies Squares, Incogmeato, Veggitizers, Gardenburger, Trink, Carr's, Kellogg's Extra, Müsli, Fruit 'n Fibre, Kellogg's Crunchy Nut, Country Store, Smacks, Honey Bsss, Zimmy's, Toppas, Tresor, Froot Ring, Chocos, Chex, Guardian, Just Right, Sultana Bran, Rice Bubbles, Sustain, Choco Krispies, Melvin, Cornelius, Chocovore, Poperto, Pops the Bee, and Sammy the Seal. Kellanova distributes its products to retailers through its own dedicated sales teams, as well as via independent brokers and distributors. The company, originally established in 1906, was known as Kellogg Company before adopting the name Kellanova in October 2023. Its main corporate office is situated in Chicago, Illinois.
Investor model analysis
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Intrinsic Value
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Buy Below
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Strong Buy
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Margin of Safety
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Scenario analysis
Bear, base & bull
Three growth assumptions, three fair values — and where today's price lands
What's working
Key strengths
Identified by Buffett framework analysis
Company financials
5-Year Financials
Income statement highlights — annual, USD
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | $12.7B | $13.1B | $12.7B | $11.7B | $13.8B |
| Rev. Growth | — | +2.9% | -3.6% | -7.2% | +17.2% |
| Net Income | $1.3B | $951M | $960M | $1.5B | $1.3B |
| Net Margin | 10.5% | 7.2% | 7.6% | 12.7% | 9.1% |
| EPS (Diluted) | $3.92 | $2.78 | $2.81 | $4.36 | $3.65 |
| Free Cash Flow | ████ | ████ | ████ | ████ | ████ |
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