Consumer Staples

Packaged Foods & Meats · 22

Company	Market cap	Revenue	Growth	Op. margin	ROIC	P/E	Day
M Mondelez International MDLZ	$82.0B	$38.5B	5.8%	9.2%	6.0%	31.6x	2.1%
K Kraft Heinz KHC	$29.4B	$24.9B	−3.5%	−18.7%	−5.8%	—	1.2%
T Tyson Foods TSN	$20.1B	$54.4B	2.1%	2.0%	2.8%	35.0x	0.6%
G General Mills GIS	$18.5B	$18.4B	−5.5%	4.8%	2.0%	—	2.2%
M McCormick MKC	$13.0B	$6.8B	1.7%	15.7%	8.7%	8.7x	1.2%
H Hormel Foods HRL	$11.6B	$12.1B	1.6%	5.9%	5.1%	33.4x	1.4%
L Lamb Weston LW	$7.4B	$6.6B	2.5%	8.9%	7.1%	29.4x	2.4%
C Conagra Brands CAG	$7.1B	$11.3B	−2.9%	−14.4%	−8.3%	—	1.4%
P Pilgrim's Pride PPC	$6.7B	$18.5B	3.5%	8.7%	20.1%	12.2x	0.1%
C Campbell's CPB	$6.2B	$9.7B	−5.0%	8.7%	6.2%	15.8x	2.5%
P Post POST	$4.1B	$8.2B	3.0%	9.8%	5.7%	14.7x	1.8%
F Freshpet FRPT	$3.6B	$1.1B	13.0%	6.9%	5.9%	16.9x	4.3%
M Marzetti MZTI	$3.0B	$1.9B	1.1%	12.4%	18.2%	15.6x	2.8%
C Cal-Maine Foods CALM	$2.9B	$2.9B	−31.7%	12.0%	—	51.3x	1.9%
T Tootsie Roll Industries TR	$2.6B	$733M	1.3%	13.8%	—	—	6.5%
J J&J Snack Foods JJSF	$1.6B	$1.6B	0.5%	5.3%	7.3%	32.1x	1.4%
D Del Monte DMC	$1.4B	$4.3B	1.0%	3.2%	4.5%	42.2x	1.4%
F Flowers Foods FLO	$1.3B	$5.3B	3.0%	3.3%	4.6%	22.8x	4.2%
S Simply Good Foods SMPL	$936M	$1.5B	9.0%	10.8%	6.1%	—	6.0%
J John B. Sanfilippo & Son JBSS	$791M	$1.2B	6.2%	7.6%	16.6%	12.8x	1.8%
J J.M. Smucker SJM	—	$9.1B	3.7%	4.0%	2.2%	60.7x	2.6%
H Hershey HSY	—	$11.7B	4.4%	12.3%	11.5%	—	3.4%

Household Products · 10

Company	Market cap	Revenue	Growth	Op. margin	ROIC	P/E	Day
C Colgate-Palmolive CL	$75.4B	$20.4B	1.4%	16.2%	37.3%	37.2x	3.4%
K Kimberly-Clark KMB	$36.7B	$16.4B	−2.1%	14.3%	21.5%	18.7x	1.9%
C Church & Dwight CHD	$25.1B	$6.2B	1.6%	17.4%	14.6%	33.7x	3.4%
R Reynolds Consumer Products REYN	$4.9B	$3.7B	0.7%	—	9.9%	14.7x	2.5%
I Inter Parfums IPAR	$3.7B	$1.5B	2.5%	18.2%	—	22.0x	0.7%
W WD-40 WDFC	$2.9B	$620M	5.0%	16.7%	32.3%	32.3x	1.2%
C Central Garden & Pet CENT	$2.8B	$3.1B	−2.2%	8.0%	9.7%	16.8x	0.6%
S Spectrum Brands SPB	$1.8B	$2.8B	−5.2%	4.5%	5.3%	25.2x	1.4%
E Energizer ENR	$1.6B	$3.0B	2.3%	—	11.1%	6.8x	3.7%
E Edgewell Personal Care EPC	$1.3B	$2.2B	−1.3%	4.3%	3.6%	—	2.9%

Soft Drinks & Non-alcoholic Beverages · 8

Company	Market cap	Revenue	Growth	Op. margin	ROIC	P/E	Day
C Coca-Cola KO	$400.0B	$47.9B	1.9%	28.7%	18.3%	29.2x	2.8%
P PepsiCo PEP	$185.6B	$93.9B	2.3%	12.2%	16.4%	17.1x	2.2%
K Keurig Dr Pepper KDP	$47.3B	$16.6B	8.2%	21.5%	6.8%	35.0x	1.4%
M Monster Beverage MNST	$45.7B	$8.3B	10.7%	29.2%	36.1%	21.4x	2.3%
C Celsius CELH	$7.3B	$2.5B	85.5%	5.6%	25.1%	123.8x	0.4%
V Vita Coco COCO	$3.4B	$610M	18.2%	13.5%	55.3%	28.4x	4.2%
N National Beverage FIZZ	$3.4B	$1.2B	−1.7%	19.5%	65.5%	19.4x	2.5%
C Coca-Cola Consolidated COKE	—	$7.2B	4.8%	13.2%	39.7%	—	5.4%

Consumer Staples Merchandise Retail · 7

Company	Market cap	Revenue	Growth	Op. margin	ROIC	P/E	Day
W Walmart WMT	$956.5B	$713.2B	4.7%	4.2%	16.1%	43.3x	1.0%
C Costco COST	$445.9B	$303.2B	10.1%	3.9%	40.7%	48.3x	1.5%
T Target TGT	$69.8B	$104.8B	−1.7%	4.9%	15.0%	15.9x	3.4%
D Dollar General DG	$29.4B	$42.7B	5.2%	5.2%	13.8%	17.3x	4.6%
D Dollar Tree DLTR	$23.9B	$19.4B	10.4%	8.5%	21.4%	15.4x	4.4%
B BJ's Wholesale Club BJ	$13.5B	$21.5B	4.7%	3.8%	23.7%	23.2x	0.7%
P PriceSmart PSMT	$5.2B	$5.3B	7.3%	4.4%	15.4%	32.8x	0.4%

Food Retail · 7

Company	Market cap	Revenue	Growth	Op. margin	ROIC	P/E	Day
K Kroger KR	$40.6B	$147.6B	0.4%	1.3%	7.6%	37.1x	1.6%
C Casey's CASY	$25.9B	$17.6B	10.2%	—	13.6%	33.7x	2.0%
M Maplebear CART	$14.0B	$3.7B	10.8%	13.3%	22.5%	30.8x	9.2%
A Albertsons ACI	$6.8B	$83.2B	3.5%	0.9%	5.5%	—	0.6%
S Sprouts Farmers Market SFM	$6.3B	$8.8B	14.1%	7.8%	46.9%	12.7x	3.8%
U United Natural Foods UNFI	$2.9B	$31.2B	−2.0%	0.7%	5.3%	35.0x	0.8%
G Grocery Outlet GO	$1.3B	$4.7B	7.3%	−4.7%	−11.6%	—	4.3%

Personal Care Products · 5

Company	Market cap	Revenue	Growth	Op. margin	ROIC	P/E	Day
P Procter & Gamble PG	$387.6B	$87.0B	3.3%	22.7%	20.1%	24.3x	2.8%
E Estée Lauder Companies EL	$39.6B	$15.0B	5.1%	5.2%	4.9%	—	0.9%
K Kenvue KVUE	$37.6B	$15.1B	−2.1%	16.0%	10.0%	22.5x	1.6%
e e.l.f. Beauty ELF	$6.8B	$1.6B	24.6%	4.5%	3.8%	114.2x	0.7%
C Coty COTY	$2.8B	$5.8B	−1.5%	−1.4%	−1.0%	—	0.6%

Food Distributors · 5

Company	Market cap	Revenue	Growth	Op. margin	ROIC	P/E	Day
S Sysco SYY	$39.1B	$84.6B	3.9%	3.7%	16.8%	22.2x	3.1%
U US Foods USFD	$22.3B	$39.4B	4.1%	3.0%	9.6%	31.1x	3.0%
P Performance Food Group PFGC	$14.9B	$67.8B	7.2%	1.3%	5.7%	41.4x	3.2%
C Chefs' Warehouse CHEF	$4.9B	$4.1B	9.4%	3.5%	8.5%	57.9x	1.3%
A Andersons ANDE	$2.2B	$11.0B	−2.2%	—	9.3%	23.3x	0.3%

Agricultural Products & Services · 5

Company	Market cap	Revenue	Growth	Op. margin	ROIC	P/E	Day
A Archer Daniels Midland ADM	$38.9B	$80.3B	−6.2%	—	5.2%	22.0x	0.4%
B Bunge Global BG	$20.2B	$70.3B	32.4%	—	6.1%	24.1x	0.1%
D Darling Ingredients DAR	$9.0B	$6.1B	7.4%	4.5%	3.2%	15.2x	1.1%
I Ingredion INGR	$6.1B	$7.2B	−2.8%	14.1%	16.0%	10.4x	1.5%
D Dole DOLE	$1.3B	$9.2B	8.2%	2.4%	6.3%	25.4x	0.6%

Distillers & Vintners · 5

Company	Market cap	Revenue	Growth	Op. margin	ROIC	P/E	Day
B Brown–Forman BF-B	$13.5B	$3.9B	−1.2%	25.5%	12.9%	19.0x	2.6%
M Molson Coors TAP	$8.2B	$11.1B	−4.2%	−21.0%	−10.7%	—	1.1%
B Boston Beer SAM	$2.1B	$2.0B	−2.4%	7.4%	15.4%	—	3.4%
C Constellation Brands STZ	—	$9.1B	−10.5%	29.8%	10.7%	—	0.2%
A Anheuser-Busch InBev BUD	—	$59.3B	−0.8%	26.0%	—	—	��

Tobacco · 3

Company	Market cap	Revenue	Growth	Op. margin	ROIC	P/E	Day
P Philip Morris International PM	$311.2B	$40.6B	7.3%	36.6%	35.4%	29.1x	1.1%
A Altria MO	$124.1B	$23.3B	−3.1%	42.5%	39.2%	15.6x	2.3%
U Universal UVV	$986M	$2.9B	−1.3%	5.8%	4.0%	51.7x	1.0%