THS TreeHouse Foods, Inc.

Overview and Growth

TreeHouse Foods, Inc. generated $3.35B of revenue in fiscal 2024, with net income of $26.90M and an operating cash inflow of $265.80M. The $3.35B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Compared with $3.43B in fiscal 2023, revenue decreased 2.3%, a top-line contraction that reduced operating scale. Diluted earnings per share were $0.51, translating the period’s attributable earnings into the amount reported for each diluted share. The per-share result recorded a 45.7% decrease from fiscal 2023 diluted EPS of $0.94. Asset turnover was 0.84x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After reported cost of revenue, the company retained $548.40M as gross profit before recognizing operating expenses and other items. Gross profit represented 16.4% of revenue, showing how much of the top line remained after direct costs. Operating income was $103.10M, the earnings remaining from reported operations after the company’s recognized operating cost structure. The operating result equaled 3.1% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. The bottom-line result was net income of $26.90M, after the operating, financing, tax, and other items recognized for the period. The final earnings result represented 0.8% of revenue, connecting the absolute net income figure with the company’s top-line scale. Pretax income was $33.10M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Measured against revenue, pretax income equaled 1.0%, adding a pre-tax profitability layer between revenue and net income. The reported income-tax provision was $6.20M, the amount recognized between pretax income and the final net-income result. The income-tax provision equaled 18.7% of pretax income, showing the tax burden absorbed by the year’s earnings. Return on period-end equity was 1.7%, relating annual net income to the equity capital on the balance sheet. Net income represented 0.7% of period-end assets, placing the company’s bottom-line result against the total resource base employed.

Liquidity and Capital Structure

The company held $3.98B of assets against $2.43B of liabilities and $1.55B of equity, revealing how the asset base was financed. The near-term balance sheet paired $1.01B of current assets with $744.90M of current liabilities at the reporting date. The current ratio was 1.36x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Cash and equivalents totaled $289.60M, identifying the most liquid reported component available within the broader current-asset balance. Cash and equivalents represented 38.9% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Total debt was $1.41B, establishing the amount of borrowing carried within the company’s capital structure. Against book equity, debt measured 0.91x, placing the company’s financial leverage in clear balance-sheet terms. Relative to total assets, debt measured 35.3%, showing how much of the asset base was matched by borrowing. Relative to total assets, liabilities measured 61.1%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 7.3%, comparing reported cash and equivalents with the full positive asset balance. Total assets were 3.1% lower than fiscal 2023 assets of $4.11B, measuring the company’s own balance-sheet change. Book equity was 7.0% lower than fiscal 2023 equity of $1.66B, showing how shareholder capital changed year over year.

Cash Flow and Earnings Quality

Cash flow from operations was $265.80M, a reported cash inflow that can be compared directly with net income and capital spending. Against net income, operating cash flow measured 9.88x, showing the relationship between accrual earnings and operating cash.

Based on the annual report for the fiscal year ending Dec 31, 2024. Analysis generated Oct 21, 2026.