# National Beverage share price today (National Beverage Corp., FIZZ)

> National Beverage Corp.'s P/E is near the low end of its own history, higher than only 25% of past readings, and its quarterly results are still getting worse. FIZZ · Consumer Staples · Beverages - Non-Alcoholic · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/fizz

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: $36.10 (+5.3% in a year)
- P/E: 19.4× (lower than 75% of the last 4.5 years)
- Revenue (Aug 2026): $331 M (+0.0% on a year ago)
- Profit (Aug 2026): $47.0 M (−15.7% on a year ago)
- Operating margin: 17.7% (−3.7 points on a year ago)
- ROE: 29%, FY26
- ROIC: 50.0%, against a 8.8% cost of capital: +41.2 points

The main question: the P/E is near the low end of its own history, higher than only 25% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. ## What is the National Beverage share price today? National Beverage Corp.'s share price was $36.10 at the close on 3 November 2026. It has been stalling near its high for 4 weeks. That is 7.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between $30 and $37, and at that close it sat 88% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 4 weeks in a row. Over the last 10 years the share price moved +16% while the S&P 500 moved +255%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does National Beverage pay? National Beverage Corp. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is National Beverage on? National Beverage is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is National Beverage profitable? National Beverage Corp. earned $47.0 M of net profit in the Aug 2026 quarter, −15.7% on the same quarter a year earlier. Full-year FY26 profit was $184 M. Over 4 years profit has grown 3.7% a year on average. That is 14.2% of the quarter's revenue. The same quarter a year earlier earned $55.8 M. For the full year, FY26 profit was $184 M (−1.7% on the year before). Why profit moved: revenue changed +0.0% on a year earlier and the margin moved −3.7 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −5.0% and revenue −1.8%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does National Beverage make, and is it growing? National Beverage Corp. reported $331 M of revenue in the Aug 2026 quarter, +0.0% on the same quarter a year earlier. Over 4 years it has grown 0.9% a year on average. The last full year, FY26, came in at $1.2 B. The last four reported quarters add to $1.2 B. FY26 revenue was $1.2 B, −1.7% on the year before. Recent pace: the last four quarters grew −1.8% on average, against 0.9% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −1.8%, against −0.7% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −5.9%, against −2.5% a year (rolling over). ## How much of every $100 of sales does National Beverage keep? National Beverage Corp.'s operating margin was 17.7% in the Aug 2026 quarter, 3.7 percentage points lower than the same quarter a year ago. Across 5 years it has been between 15.9% and 19.6%. The latest quarter is within that range. Why the margin moved: operating margin changed −3.7 percentage points on the year while gross margin changed −3.0 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is National Beverage's profit turning into cash? Over the last 3 years, 107% of National Beverage Corp.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $181 M of operating cash against $184 M of profit. After $25.1 M of spending on assets, $156 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does National Beverage's cash go? National Beverage Corp. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $91.7 M on assets over the last 3 years. Averaged over those years that is 2.6% of FY26 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $91.7 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is National Beverage's P/E ratio, and how does it compare with its own history? National Beverage Corp.'s P/E is 19.4×, near the low end of its own history: it has been lower only 25% of the time. Its usual P/E (the middle reading) is 24.4×, over 4.5 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −1.5% while the price moved +5.3%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved −9.7% a year; about +1.9% a year came from earnings growth and about −11.6 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the National Beverage business getting better or worse? National Beverage Corp.'s business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROCE is steady at 42.0%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does National Beverage earn on its capital? National Beverage Corp. earned a ROE of 29% in FY26. Its return on capital used (ROIC) is 41.2 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 15.6% net margin and 1.39× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 15.6% net margin × 1.39× asset turnover × 1.34× leverage (assets divided by equity) ≈ 29.1% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 50.0% − 8.8% = +41.2 percentage points. The 8.8% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. The 50.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 52.6%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does National Beverage have too much debt? National Beverage Corp. has total debt of $58.8 M against shareholder equity of $368 M as of Aug 2026, so its debt is 0.16× its equity, which is very little. Year by year, that ratio went from 0.26 in FY22 to 0.09 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the National Beverage shareholding pattern? 18.0% of National Beverage Corp.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 9.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is National Beverage from balance-sheet trouble? For National Beverage Corp., the Z-score is 13.79. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 13.79 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does National Beverage rank in its industry? 56.5 out of 100, rank 6 of 13 in Beverages - Non-Alcoholic, with 81% of the evidence available. National Beverage Corp. scores 56.5 out of 100 against the 13 companies it is compared with in Beverages - Non-Alcoholic, ranking 6. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 14.5 + 20.4 + 8.8 + 12.8 = 56.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is National Beverage compared with? National Beverage ranks 6 of 13 Beverages - Non-Alcoholic companies on the 4-Factor Sector Score, with 56.5 out of 100. 1. [The Coca-Cola Company](https://www.sectoralpha.in/us/stocks/ko) KO · breaking out · Too little evidence to rank firmly · 58% evidence 65.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.3/35 · Revenue n/a · Profit n/a · Operating margin change 8.8 points · 45% evidence Capital efficiency 17.7/25 · ROCE 19.6% · Operating margin 33.4% · 76% evidence Valuation 10.3/20 · P/E 25.2× · PEG n/a · 15% evidence Relative strength 16.4/20 · Lead over its industry 11.9% · Lead over S&P 500 12.5% · 1 year 34.4% · 100% evidence · 8 of 12 weeks ahead Exact sum: 21.3 + 17.7 + 10.3 + 16.4 = 65.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 2. [Coca-Cola Consolidated, Inc.](https://www.sectoralpha.in/us/stocks/coke) COKE · breaking out · Too little evidence to rank firmly · 56% evidence 63.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.5/35 · Revenue n/a · Profit n/a · Operating margin change 0.1 points · 39% evidence Capital efficiency 18.8/25 · ROCE 31.3% · Operating margin 13.2% · 76% evidence Valuation 10.6/20 · P/E 23.7× · PEG n/a · 15% evidence Relative strength 12.8/20 · Lead over its industry 7.2% · Lead over S&P 500 7.6% · 1 year 49.7% · 100% evidence · 7 of 12 weeks ahead Exact sum: 21.5 + 18.8 + 10.6 + 12.8 = 63.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 3. [The Vita Coco Company, Inc.](https://www.sectoralpha.in/us/stocks/coco) COCO · quiet · Evidence leans up · 81% evidence 61.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.7/35 · Revenue 26.1% · Profit 73.9% · Operating margin change 4.6 points · 83% evidence Capital efficiency 18.9/25 · ROCE 29.9% · Operating margin 19.9% · 76% evidence Valuation 12.9/20 · P/E 28.1× · PEG 0.89 · 65% evidence Relative strength 2.1/20 · Lead over its industry -5% · Lead over S&P 500 -4.6% · 1 year 41.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 27.7 + 18.9 + 12.9 + 2.1 = 61.6 · What this means: Earnings are strong; relative strength in its sector is -5% and the one-year return is 41.7%. 4. [Monster Beverage Corporation](https://www.sectoralpha.in/us/stocks/mnst) MNST · turning · Evidence leans up · 66% evidence 57.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.6/35 · Revenue 20.3% · Profit 35.1% · Operating margin change -0.7 points · 53% evidence Capital efficiency 17.7/25 · ROCE 29.1% · Operating margin 29.2% · 57% evidence Valuation 10.3/20 · P/E 44.2× · PEG 1.26 · 65% evidence Relative strength 11.3/20 · Lead over its industry 6.2% · Lead over S&P 500 6.7% · 1 year 35.3% · 100% evidence · 2 of 12 weeks ahead Exact sum: 18.6 + 17.7 + 10.3 + 11.3 = 57.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [PepsiCo, Inc.](https://www.sectoralpha.in/us/stocks/pep) PEP · turning · Evidence leans up · 81% evidence 56.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.1/35 · Revenue 6.4% · Profit 50.9% · Operating margin change 0 points · 83% evidence Capital efficiency 17.3/25 · ROCE 20.4% · Operating margin 16.9% · 76% evidence Valuation 16.2/20 · P/E 17.2× · PEG 0.34 · 65% evidence Relative strength 3.9/20 · Lead over its industry -10.7% · Lead over S&P 500 -10.7% · 1 year -4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 19.1 + 17.3 + 16.2 + 3.9 = 56.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. National Beverage Corp. this page FIZZ · turning · Evidence leans up · 81% evidence 56.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.5/35 · Revenue -1.8% · Profit -7% · Operating margin change -3.7 points · 83% evidence Capital efficiency 20.4/25 · ROCE 48.9% · Operating margin 17.7% · 76% evidence Valuation 8.8/20 · P/E 16.9× · PEG 2.27 · 65% evidence Relative strength 12.8/20 · Lead over its industry 1.5% · Lead over S&P 500 1.6% · 1 year 9.7% · 100% evidence · 4 of 12 weeks ahead Exact sum: 14.5 + 20.4 + 8.8 + 12.8 = 56.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Keurig Dr Pepper Inc.](https://www.sectoralpha.in/us/stocks/kdp) KDP · turning · Evidence leans up · 66% evidence 54.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.2/35 · Revenue 27.5% · Profit -12.4% · Operating margin change -8.7 points · 53% evidence Capital efficiency 8.7/25 · ROCE 5.5% · Operating margin 12.9% · 57% evidence Valuation 13.5/20 · P/E 33.1× · PEG 0.86 · 65% evidence Relative strength 18.1/20 · Lead over its industry 10.6% · Lead over S&P 500 11.1% · 1 year 33.8% · 100% evidence · 6 of 12 weeks ahead Exact sum: 14.2 + 8.7 + 13.5 + 18.1 = 54.5 · What this means: Relative strength against the index is 11.1%, and revenue and profit growth are weak. 8. [Celsius Holdings, Inc.](https://www.sectoralpha.in/us/stocks/celh) CELH · turning · Evidence leans down · 66% evidence 39.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.2/35 · Revenue 83% · Profit -37.9% · Operating margin change -3.2 points · 53% evidence Capital efficiency 12.6/25 · ROCE 14.4% · Operating margin 19.1% · 57% evidence Valuation 3.5/20 · P/E 124.8× · PEG 3.06 · 65% evidence Relative strength 6.0/20 · Lead over its industry -22% · Lead over S&P 500 -22.4% · 1 year -27.8% · 100% evidence · 2 of 12 weeks ahead Exact sum: 17.2 + 12.6 + 3.5 + 6 = 39.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Coca-Cola Europacific Partners PLC](https://www.sectoralpha.in/us/stocks/ccep) CCEP · turning · Too little evidence to rank firmly · 49% evidence 55.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.1/35 · Revenue n/a · Profit n/a · Operating margin change 0 points · 19% evidence Capital efficiency 12.6/25 · ROCE 12.5% · Operating margin 13.4% · 76% evidence Valuation 10.9/20 · P/E 20.8× · PEG n/a · 15% evidence Relative strength 12.7/20 · Lead over its industry 6.9% · Lead over S&P 500 7.4% · 1 year 22% · 100% evidence · 4 of 12 weeks ahead Exact sum: 19.1 + 12.6 + 10.9 + 12.7 = 55.3 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 10. [Suja Life, Inc.](https://www.sectoralpha.in/us/stocks/suja) SUJA · turning · Too little evidence to rank firmly · 21% evidence 43.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.7/43.75 · Revenue n/a · Profit n/a · Operating margin change 2.9 points · 19% evidence Capital efficiency 8.9/31.25 · ROCE 8% · Operating margin 5.4% · 57% evidence Valuation 12.5/25 · P/E n/a · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 21.7 + 8.9 + 12.5 = 43.1 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 11. Zevia PBC ZVIA · Too little evidence to rank firmly · 28% evidence 41.0 out of 100 Growth Capital Valuation Relative
12. [Primo Brands Corporation](https://www.sectoralpha.in/us/stocks/prmb) PRMB · quiet · Too little evidence to rank firmly · 47% evidence 39.0 out of 100 Growth Capital Valuation Relative
13. Buda Juice, Inc. BUDA · Too little evidence to rank firmly · 36% evidence 37.3 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Dec 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Beverages - Non-Alcoholic](https://www.sectoralpha.in/us/sectors/beverages-non-alcoholic), all 13 compared on one page. ## Which companies are close to National Beverage in size? National Beverage is the 12th largest of 13 Beverages - Non-Alcoholic companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Coca-Cola Consolidated, Inc., Celsius Holdings, Inc., Primo Brands Corporation, Embotelladora Andina S.A. and The Vita Coco Company, Inc. Just below it: Suja Life, Inc. ### Beverages - Non-Alcoholic companies close in size

1. [Coca-Cola Consolidated, Inc.](https://www.sectoralpha.in/us/stocks/coke) $13.7 billion
2. [Celsius Holdings, Inc.](https://www.sectoralpha.in/us/stocks/celh) $7.6 billion
3. [Primo Brands Corporation](https://www.sectoralpha.in/us/stocks/prmb) $7.5 billion
4. [Embotelladora Andina S.A.](https://www.sectoralpha.in/us/stocks/ako-b) $4.2 billion
5. [The Vita Coco Company, Inc.](https://www.sectoralpha.in/us/stocks/coco) $3.4 billion
6. National Beverage Corp. $3.4 billion
7. [Suja Life, Inc.](https://www.sectoralpha.in/us/stocks/suja) $408 million

[All 13 Beverages - Non-Alcoholic companies, largest first](https://www.sectoralpha.in/us/sectors/beverages-non-alcoholic#all-companies)

### Companies close in size in other industries

1. [Harley-Davidson, Inc.](https://www.sectoralpha.in/us/stocks/hog) $3.4 billion · Recreational Vehicles
2. [Kenon Holdings Ltd.](https://www.sectoralpha.in/us/stocks/ken) $3.4 billion · Utilities - Independent Power Producers
3. National Beverage Corp. $3.4 billion
4. [Bullish](https://www.sectoralpha.in/us/stocks/blsh) $3.4 billion · Software - Infrastructure
5. [ZIM Integrated Shipping Services Ltd.](https://www.sectoralpha.in/us/stocks/zim) $3.4 billion · Marine Shipping

## What else do people ask about National Beverage? ### What were National Beverage's latest quarterly results? National Beverage Corp. reported revenue of $331 M and net profit of $47.0 M for the Aug 2026 quarter. Revenue rose 0.0% and profit fell 15.7% compared with a year earlier. Earnings per share were $0.50. The operating margin was 17.7%, 3.7 percentage points lower than a year earlier (as of 3 November 2026). ### What is National Beverage's market cap? National Beverage Corp.'s market capitalisation is $3.4 B at a stock price of $36.10. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is National Beverage performing? National Beverage Corp.'s share price has been stalling near its high for 4 weeks. In its latest quarter, revenue rose 0.0% and profit fell 15.7% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 4 weeks running (as of 3 November 2026). ### Will National Beverage's stock price go up? This page does not forecast National Beverage Corp.'s stock price. What it shows instead: the stock price is $36.10, and it has been stalling near its high for 4 weeks. Its P/E of 19.4× is higher than 25% of its own last 5 years (as of 3 November 2026). ### Where is National Beverage in its business cycle? National Beverage Corp.'s FY26 operating margin was 19.5%, against a 5-year range of 15.9% to 19.6%: the middle of its own range, neither a peak nor a low. The latest quarter was 17.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the National Beverage story? The main question: the P/E is near the low end of its own history, higher than only 25% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is National Beverage a stock worth studying right now? What the numbers show: National Beverage Corp.'s P/E is near the low end of its own history, higher than only 25% of past readings, and its quarterly results are still getting worse. The main open question: whether results start to improve. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.