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FRESH DEL MONTE PRODUCE INC

CIK: 1047340 SIC: 100
$4.32B
Revenue
$79.20M
Net Income
8.38%
Gross Margin
2.82%
Op. Margin
$349.90M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 15 annual reports available (2010 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
+ Total Revenue $4.32B $4.28B $4.32B $4.44B $4.25B $4.20B $4.49B $4.49B $4.09B $4.01B $4.06B
Revenue Growth % 0.8% -0.9% -2.7% 4.5% 1.2% -6.4% -0.1% 10.0% 1.9% -1.1% nan%
Cost of Revenue $3.95B $3.92B $3.97B $4.10B $3.95B $3.95B $4.19B $4.21B $3.75B $3.55B $3.71B
+ Gross Profit $361.80M $357.90M $350.70M $340.20M $303.80M $250.90M $300.60M $279.80M $331.60M $461.40M $342.30M
Gross Margin % 8.4% 8.4% 8.1% 7.7% 7.1% 6.0% 6.7% 6.2% 8.1% 11.5% 8.4%
Selling General & Admin $199.80M $196.90M $186.70M $186.80M $192.90M $196.20M $195.70M $194.70M $173.20M $187.40M $183.90M
+ Operating Income $121.70M $196.30M $58.50M $156.30M $111.00M $76.50M $114.10M $38.60M $152.70M $244.20M $91.00M
Operating Margin % 2.8% 4.6% 1.4% 3.5% 2.6% 1.8% 2.5% 0.9% 3.7% 6.1% 2.2%
Interest Expense $12.70M $18.40M $24.10M $24.40M $20.30M $21.40M $25.40M $23.60M $6.40M $4.10M $4.30M
Other Income/Expense $-100.00K $-8.40M $-19.30M $-14.80M $-9.40M $-4.50M $900.00K $-15.70M $-3.00M $-3.40M $-7.20M
Income Before Tax $110.30M $170.70M $16.50M $117.80M $81.90M $51.30M $90.70M $200.00K $144.10M $237.40M $80.10M
Income Tax Expense $28.70M $29.10M $18.10M $20.10M $2.00M $5.00M $21.40M $16.10M $24.90M $11.80M $13.70M
+ Net Income $79.20M $142.20M $-11.40M $98.60M $80.00M $49.20M $66.50M $-21.90M $120.80M $225.10M $62.40M
Net Margin % 1.8% 3.3% -0.3% 2.2% 1.9% 1.2% 1.5% -0.5% 3.0% 5.6% 1.5%
Basic EPS 1.66 2.97 -0.24 2.06 1.68 1.03 1.38 -0.45 2.40 4.37 1.18
Diluted EPS 1.63 2.96 -0.24 2.06 1.68 1.03 1.37 -0.45 2.39 4.33 1.17
Basic Shares Outstanding 47.9M 47.9M 48.0M 47.8M 47.5M 47.6M 48.3M 48.6M 50.2M 51.5M 52.8M
Diluted Shares Outstanding 47.9M 48.0M 48.0M 47.9M 47.7M 47.7M 48.4M 48.6M 50.6M 52.0M 53.2M
Breakdown FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
Cash & Cash Equivalents $32.60M $33.80M $17.20M $16.10M $16.50M $33.30M $21.30M $25.10M $20.10M $24.90M
Accounts Receivable $393.20M $387.00M $373.50M $342.90M $359.00M $363.90M $378.30M $358.80M $349.20M $346.10M
Inventory $595.30M $599.90M $669.00M $602.80M $507.70M $551.80M $565.30M $541.80M $493.20M $481.90M
Other Current Assets $24.30M $24.00M $23.40M $24.00M $34.90M $19.80M $33.30M $20.50M $35.60M $49.70M
Total Current Assets $1.13B $1.14B $1.24B $1.10B $1.01B $1.05B $1.14B $1.02B $961.10M $985.80M
Property Plant & Equipment $1.19B $1.26B $1.31B $1.42B $1.42B $1.40B $1.39B $1.33B $1.27B $1.22B
Goodwill $396.30M $401.90M $422.90M $423.70M $424.00M $423.70M $423.40M $261.90M $260.90M $263.70M
Intangible Assets $33.20M $33.30M $135.00M $142.80M $150.40M $158.20M $166.90M $45.90M - -
Other Non-current Assets $68.70M $60.70M $70.90M $57.90M $46.90M $49.00M $59.70M $95.80M $91.10M $86.60M
Total Assets $3.10B $3.18B $3.46B $3.40B $3.34B $3.35B $3.26B $2.77B $2.65B $2.60B
Total Current Liabilities $533.10M $540.60M $607.00M $629.20M $554.80M $562.90M $586.00M $393.80M $369.10M $381.80M
Long-term Debt $248.90M $406.10M $547.10M $527.70M $541.80M $586.80M $661.90M $357.00M $231.70M $252.70M
Deferred Tax Liabilities $75.20M $72.70M $71.60M $69.60M $140.40M $129.50M $93.00M $86.30M $91.70M -
Other Non-current Liabilities $26.80M $27.60M $28.50M $72.10M $93.00M $70.90M $53.40M $42.40M $50.80M $50.10M
Total Liabilities $1.09B $1.27B $1.48B $1.52B $1.54B $1.55B $1.49B $975.70M $836.90M $845.20M
Common Stock $500.00K $500.00K $500.00K $500.00K $500.00K $500.00K $500.00K $500.00K $500.00K $500.00K
Retained Earnings $1.44B $1.34B $1.40B $1.33B $1.27B $1.25B $1.21B $1.27B $1.29B $1.16B
Total Stockholders Equity $1.99B $1.90B $1.90B $1.80B $1.73B $1.72B $1.69B $1.77B $1.79B $1.71B
Total Liabilities & Equity $3.10B $3.18B $3.46B $3.40B $3.34B $3.35B $3.26B $2.77B $2.65B $2.60B
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
Net Income $79.20M $142.20M $-11.40M $98.60M $80.00M $49.20M $66.50M $-21.90M $120.80M $225.10M $62.40M
Depreciation & Amortization $129.90M $78.50M $84.80M $92.50M $96.80M $95.00M $97.90M $100.50M $79.90M $78.50M $72.40M
Stock-based Compensation $16.60M $6.90M $9.90M $6.90M $7.60M $7.50M $8.40M $11.50M $12.10M $24.90M $16.80M
Change in Receivables $33.60M $9.80M $19.30M $37.40M $13.90M $-16.10M $-22.10M $2.40M $16.90M $-5.80M $9.70M
Change in Inventory $-62.10M $1.50M $-64.70M $72.10M $105.10M $-38.70M $-8.10M $2.80M $49.40M $11.80M $-20.20M
Operating Cash Flow $434.80M $182.50M $177.90M $61.80M $128.50M $180.60M $169.10M $246.60M $194.20M $344.60M -
Capital Expenditure $84.90M $51.70M $57.70M $48.10M $98.50M $150.00M $122.30M $150.50M $138.50M $146.70M $131.60M
Investing Cash Flow $-48.20M $20.40M $56.40M $-49.10M $-82.50M $-108.80M $-52.20M $-494.80M $-133.80M $-143.30M -
Debt Repayment $1.18B $776.30M $730.30M $1.05B $726.00M $796.80M $814.10M $798.60M $673.30M $648.40M $606.60M
Stock Repurchased $30.00M - $11.80M - - $20.80M $17.90M $29.40M $142.00M $108.40M $117.40M
Dividends Paid $98.20M $47.80M $35.90M $28.70M $23.70M $14.30M $6.70M $29.00M $30.10M $28.20M $26.20M
Financing Cash Flow $-288.80M $-209.90M $-213.50M $-12.00M $-53.20M $-85.80M $-108.90M $242.00M $-53.80M $-205.40M -
Net Change in Cash $101.10M $-1.20M $16.60M $1.10M $-400.00K $-16.80M $12.00M $-3.80M $5.00M $-4.80M $-9.20M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $1.02B $1.02B $3.30B $3.27B
Cost of Revenue $941.10M $925.70M $3.01B $2.98B
Gross Profit $80.80M $93.80M $293.10M $289.20M
Selling General & Admin $52.10M $47.90M $151.50M $148.60M
Operating Income $-21.80M $53.90M $91.40M $166.00M
Interest Expense $2.50M $4.40M $9.20M $14.80M
Other Income/Expense $-300.00K $100.00K $3.10M $-5.20M
Income Before Tax $-23.90M $49.80M $86.40M $146.80M
Income Tax Expense $4.20M $7.90M $25.20M $25.60M
Net Income $-29.10M $42.10M $58.80M $121.80M
Basic EPS -0.61 0.88 1.23 2.54
Diluted EPS -0.61 0.88 1.22 2.54
Basic Shares Outstanding $47.92M $47.94M $47.94M $47.86M
Diluted Shares Outstanding $47.92M $48.02M $48.21M $47.97M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $97.20M $32.60M
Accounts Receivable $380.40M $393.20M
Inventory $569.50M $595.30M
Other Current Assets $31.20M $24.30M
Total Current Assets $1.17B $1.13B
Property Plant & Equipment $1.11B $1.19B
Goodwill $389.90M $396.30M
Intangible Assets $33.20M $33.20M
Other Non-current Assets $74.30M $68.70M
Total Assets $3.07B $3.10B
Total Current Liabilities $557.70M $533.10M
Long-term Debt $176.70M $248.90M
Deferred Tax Liabilities $71.30M $75.20M
Other Non-current Liabilities $27.00M $26.80M
Total Liabilities $1.04B $1.09B
Common Stock $500.00K $500.00K
Retained Earnings $1.44B $1.44B
Total Stockholders Equity $2.01B $1.99B
Total Liabilities & Equity $3.07B $3.10B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-29.10M $42.10M $58.80M $121.80M
Depreciation & Amortization - - $55.20M $59.20M
Stock-based Compensation - - $7.30M $4.80M
Change in Receivables - - $-38.60M $400.00K
Change in Inventory - - $-32.00M $-12.70M
Operating Cash Flow - - $234.20M $187.20M
Capital Expenditure - - $35.70M $34.10M
Investing Cash Flow - - $-34.40M $1.00M
Debt Repayment - - $380.90M $445.80M
Stock Repurchased - - $14.80M -
Dividends Paid - - $43.10M $35.90M
Financing Cash Flow - - $-135.30M $-172.10M
Net Change in Cash - - $64.60M $17.00M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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