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Simply Good Foods Co (SMPL) Stock Fundamental Analysis & AI Rating 2026

SMPL Nasdaq Food and Kindred Products CIK: 0001702744
Recently Updated • Analysis: Apr 16, 2026 • SEC Data: 2026-02-28
SELL
78% Conf
Pending
Analysis scheduled

📊 SMPL Key Takeaways

Revenue: $666.2M
Net Margin: -20.2%
Free Cash Flow: $50.6M
Current Ratio: 5.06x
Debt/Equity: 0.27x
EPS: $-1.41
AI Rating: SELL with 78% confidence
Simply Good Foods Co (SMPL) receives a SELL rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $666.2M, net profit margin of -20.2%, and return on equity (ROE) of -9.0%, Simply Good Foods Co demonstrates mixed fundamentals in the Consumer sector. Below is our complete SMPL stock analysis for 2026.

Is Simply Good Foods Co (SMPL) a Good Investment?

Claude

Simply Good Foods is experiencing severe profitability deterioration with operating losses of $175.7M and negative net income of $134.4M despite 9% revenue growth, indicating structural operational challenges rather than cyclical weakness. While liquidity ratios remain healthy and the company generates positive free cash flow, the inability to cover interest payments from operations and deeply negative margins (-26.4% operating margin) signal unsustainable unit economics that threaten shareholder value.

Why Buy Simply Good Foods Co Stock? SMPL Key Strengths

Claude
  • + Revenue growth of 9% YoY demonstrates continued market demand
  • + Positive free cash flow of $50.6M despite accounting losses preserves balance sheet flexibility
  • + Excellent liquidity position with 5.06x current ratio and $107.4M cash provides runway for turnaround
  • + Gross margin of 32% indicates reasonable product pricing and cost of goods structure

SMPL Stock Risks: Simply Good Foods Co Investment Risks

Claude
  • ! Negative operating income of $175.7M with -26.4% operating margin indicates fundamental profitability crisis
  • ! Interest coverage ratio of -10.5x means operations cannot support debt service obligations
  • ! Persistent net losses of $134.4M reduce retained earnings and increase reliance on cash reserves
  • ! High operating expenses relative to gross profit suggest cost structure misalignment or one-time charges obscuring structural issues
  • ! Long-term debt of $396.9M becomes problematic if operating losses persist and cash flow reverses

Key Metrics to Watch

Claude
  • * Path to operating profitability and timeline for positive operating margin expansion
  • * Operating cash flow sustainability and whether FCF conversion continues despite losses
  • * Operating expense ratio trends and management's ability to reduce SG&A burden
  • * Interest coverage ratio recovery to positive territory

Simply Good Foods Co (SMPL) Financial Metrics & Key Ratios

Revenue
$666.2M
Net Income
$-134.4M
EPS (Diluted)
$-1.41
Free Cash Flow
$50.6M
Total Assets
$2.1B
Cash Position
$107.4M

💡 AI Analyst Insight

Strong liquidity with a 5.06x current ratio provides a solid financial cushion.

SMPL Profit Margin, ROE & Profitability Analysis

Gross Margin 32.0%
Operating Margin -26.4%
Net Margin -20.2%
ROE -9.0%
ROA -6.3%
FCF Margin 7.6%

SMPL vs Consumer Sector: How Simply Good Foods Co Compares

How Simply Good Foods Co compares to Consumer sector averages

Net Margin
SMPL -20.2%
vs
Sector Avg 8.0%
SMPL Sector
ROE
SMPL -9.0%
vs
Sector Avg 18.0%
SMPL Sector
Current Ratio
SMPL 5.1x
vs
Sector Avg 1.5x
SMPL Sector
Debt/Equity
SMPL 0.3x
vs
Sector Avg 0.8x
SMPL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Simply Good Foods Co Stock Overvalued? SMPL Valuation Analysis 2026

Based on fundamental analysis, Simply Good Foods Co has mixed fundamental signals relative to the Consumer sector in 2026.

Return on Equity
-9.0%
Sector avg: 18%
Net Profit Margin
-20.2%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.27x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Simply Good Foods Co Balance Sheet: SMPL Debt, Cash & Liquidity

Current Ratio
5.06x
Quick Ratio
2.87x
Debt/Equity
0.27x
Debt/Assets
29.9%
Interest Coverage
-10.55x
Long-term Debt
$396.9M

SMPL Revenue & Earnings Growth: 5-Year Financial Trend

SMPL 5-year financial data: Year 2021: Revenue $1.0B, Net Income -$25.2M, EPS $-0.31. Year 2022: Revenue $1.2B, Net Income $65.6M, EPS $0.35. Year 2023: Revenue $1.2B, Net Income $40.9M, EPS $0.42. Year 2024: Revenue $1.3B, Net Income $108.6M, EPS $1.08. Year 2025: Revenue $1.5B, Net Income $133.6M, EPS $1.32.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Simply Good Foods Co's revenue has grown significantly by 44% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.32 reflects profitable operations.

SMPL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
7.6%
Free cash flow / Revenue

SMPL Quarterly Earnings & Performance

Quarterly financial performance data for Simply Good Foods Co including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2026 $326.0M $25.3M $0.36
Q1 2026 $340.2M $25.3M $0.26
Q3 2025 $334.8M $33.1M $0.40
Q2 2025 $312.2M $33.1M $0.33
Q1 2025 $308.7M $35.6M $0.35
Q3 2024 $324.8M $25.6M $0.35
Q2 2024 $296.6M $25.6M $0.25
Q1 2024 $300.9M $35.6M $0.35

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Simply Good Foods Co Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$58.2M
Cash generated from operations
Stock Buybacks
$188.2M
Shares repurchased (TTM)
Capital Expenditures
$7.6M
Investment in assets
Dividends
None
No dividend program

SMPL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Simply Good Foods Co (CIK: 0001702744)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 10-Q atk-20260228.htm View →
Apr 9, 2026 8-K atk-20260409.htm View →
Mar 6, 2026 4 xslF345X05/wk-form4_1772832714.xml View →
Feb 2, 2026 8-K tm264630d1_8k.htm View →
Jan 30, 2026 4 xslF345X05/wk-form4_1769786267.xml View →

Frequently Asked Questions about SMPL

What is the AI rating for SMPL?

Simply Good Foods Co (SMPL) has an AI rating of SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SMPL's key strengths?

Claude: Revenue growth of 9% YoY demonstrates continued market demand. Positive free cash flow of $50.6M despite accounting losses preserves balance sheet flexibility.

What are the risks of investing in SMPL?

Claude: Negative operating income of $175.7M with -26.4% operating margin indicates fundamental profitability crisis. Interest coverage ratio of -10.5x means operations cannot support debt service obligations.

What is SMPL's revenue and growth?

Simply Good Foods Co reported revenue of $666.2M.

Does SMPL pay dividends?

Simply Good Foods Co does not currently pay dividends.

Where can I find SMPL SEC filings?

Official SEC filings for Simply Good Foods Co (CIK: 0001702744) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SMPL's EPS?

Simply Good Foods Co has a diluted EPS of $-1.41.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is SMPL a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Simply Good Foods Co has a SELL rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is SMPL stock overvalued or undervalued?

Valuation metrics for SMPL: ROE of -9.0% (sector avg: 18%), net margin of -20.2% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.

Should I buy SMPL stock in 2026?

Our dual AI analysis gives Simply Good Foods Co a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is SMPL's free cash flow?

Simply Good Foods Co's operating cash flow is $58.2M, with capital expenditures of $7.6M. FCF margin is 7.6%.

How does SMPL compare to other Consumer stocks?

Vs Consumer sector averages: Net margin -20.2% (avg: 8%), ROE -9.0% (avg: 18%), current ratio 5.06 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 16, 2026 | Data as of: 2026-02-28 | Powered by Claude AI