UTZ|Utz Brands, Inc.
Miscellaneous Food Preparations & Kindred Products
- Revenue
- $1.4B
- ▲ 2.1% YoY
- Operating margin
- 1.4%
- ▼ 68% YoY
- EBITDA
- $102M
- ▼ 21% YoY
- Market cap
- $861M
- Employees
- 3,100
- $464K revenue each
- Net debt / EBITDA
- 7.2×
- $734M net debt
- AI in 10-K
- 0.4
- mentions per 10K words
TSR below peersNo
—
3+ of last 5 years
High CEO pay despite TSRNo
—
Median CEO pay ≥ $15M while TSR trails
Earnings not backed by cashNo
140× net income
Cash flow under 80% of net income
Dilutive SBCNo
1% of revenue
Over 10% of revenue
Payouts exceed cash flowNo
20% of cash flow
Buybacks + dividends over cash flow
Goodwill-heavyNo
31% of assets
Over 40% of assets
Shareholder dissentNo
84% lowest support
Any vote under 80% support
Buyer economics 3 of 4
Low revenue per employeeYes
$464K · 15th pct
Bottom quartile of its SIC industry
Quiet on AIYes
0.4 per 10K words · 19th pct
Bottom quartile of AI mentions in 10-Ks
Net cashNo
7.2× EBITDA net debt
More cash than debt, positive EBITDA
Buyout-sizedYes
$861M market cap
Market cap $500M–$5B
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | YoY | Trend |
|---|
| Revenue | $1.2B | $1.4B | $1.4B | $1.4B | ▲ 2.1% | |
|---|
| Operating income | $11M | $16M | $59M | $20M | ▼ 67% | |
|---|
| Net income | $21M | −$25M | $16M | $800K | ▼ 95% | |
|---|
| Operating cash flow | $48M | $77M | $106M | $112M | ▲ 5.6% | |
|---|
| Capex | $32M | $56M | $99M | $103M | ▲ 4.3% | |
|---|
| Stock-based comp | $13M | $17M | $18M | $17M | ▼ 6.6% | |
|---|
| Dividends | $12M | $19M | $22M | $22M | ▲ 2.8% | |
|---|
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|
| Jul 22, 2026 | Series R of UM Partners, LLC | SCHEDULE 13D/A | 37.3% | Active |
| Mar 6, 2024 | Series R of UM Partners, LLC | SC 13D/A | 36.1% | Passive |
| Mar 14, 2023 | Series R of UM Partners, LLC | SC 13D/A | 45.9% | Passive |
| Sep 8, 2020 | Series R of UM Partners, LLC | SC 13D | 43.2% | Active |
Insider trading
- Open-market buys, 12 mo
- $3M · 16
- Open-market sells, 12 mo
- $0 · 0
- Net
- $3M
Pay vs performance
No pay-versus-performance disclosure yet.