# National Beverage Corp. (FIZZ)

**Exchange:** NASDAQ  
**Sector:** Consumer Defensive  
**Market cap:** $3.47B  
**Price:** $37.11 (-0.22%)

> National Beverage Corp. is a beverage company that develops, produces, markets, and sells a diverse portfolio of non-alcoholic drinks in the United States and Canada. Its offerings span sparkling waters under the popular LaCroix brand, including varieties like LaCroix Cúrate and LaCroix NiCola; non-carbonated waters through Clear Fruit; energy drinks and shots via the Rip It brand; juices and juice-based products from Everfresh, Everfresh Premier Varietals, and Mr. Pure; and carbonated soft drinks such as Shasta and Faygo. The company operates within the consumer staples sector, focusing on non-alcoholic beverages that cater to health-conscious consumers seeking alternatives to sugary sodas. National Beverage Corp. distributes its products through various channels to reach a broad audience in the competitive beverage market. Headquartered in Fort Lauderdale, Florida, since 1985, it plays a notable role in the sparkling water and energy drink categories, emphasizing innovation in flavor profiles and product variety.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.20B | $444M | $235M | $187M | $1.99 |
| 2024 | $1.19B | $428M | $219M | $177M | $1.89 |
| 2023 | $1.17B | $397M | $187M | $142M | $1.52 |
| 2022 | $1.14B | $418M | $208M | $159M | $1.69 |
| 2021 | $1.07B | $422M | $228M | $174M | $1.86 |
| 2020 | $1.00B | $370M | $166M | $130M | $1.39 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $673M | $229M | $444M | $194M | $58M |
| 2024 | $770M | $211M | $560M | $327M | $42M |
| 2023 | $574M | $202M | $372M | $158M | $30M |
| 2022 | $468M | $228M | $239M | $48M | $51M |
| 2021 | $557M | $201M | $356M | $194M | $29M |
| 2020 | $649M | $196M | $452M | $305M | $32M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $212M | -$36M | $170M |
| 2024 | $202M | -$30M | $168M |
| 2023 | $127M | -$22M | $140M |
| 2022 | $145M | -$29M | $104M |
| 2021 | $198M | -$25M | $168M |
| 2020 | $164M | -$24M | $154M |

Source: [CompaniesByCap](https://companiesbycap.com/company/FIZZ)