Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues407m465m419m343m327m345m386m
% growth37 %14 %(10 %)(18 %)(5 %)6 %12 %
EBITDA(30.4m)(138m)(293m)(283m)(100m)(76.7m)(74.2m)
% EBITDA margin(7 %)(30 %)(70 %)(82 %)(31 %)(22 %)(19 %)
Profit(52.8m)(182m)(366m)(338m)(148m)(112m)(120m)
% profit margin(13 %)(39 %)(87 %)(98 %)(45 %)(32 %)(31 %)
EV / revenue18.9x9.8x4.0x4.7x4.3x4.3x4.0x
EV / EBITDA-253.4x-33.0x-5.7x-5.7x-14.2x-19.6x-20.7x
R&D budget31.5m66.9m62.3m39.5m---
R&D % of revenue8 %14 %15 %12 %---
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Recent News about Beyond Meat

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More about Beyond Meatinfo icon
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Beyond Meat, Inc. is a pioneering company in the food industry, specializing in the production of plant-based meat substitutes. The company aims to offer consumers healthier and more sustainable alternatives to traditional animal meat. Beyond Meat's products are designed to mimic the taste, texture, and nutritional profile of beef, pork, and poultry, using ingredients derived from plants.

The primary clients of Beyond Meat include health-conscious consumers, vegetarians, vegans, and environmentally aware individuals. Additionally, the company serves food service providers, restaurants, and grocery stores. Beyond Meat operates in the rapidly growing plant-based food market, which is driven by increasing consumer awareness of health, environmental, and ethical issues related to meat consumption.

Beyond Meat's business model revolves around research and development, manufacturing, and distribution of its plant-based products. The company invests heavily in innovation to improve the taste and nutritional value of its offerings. It makes money by selling its products through various channels, including retail stores, online platforms, and food service providers. The company also collaborates with well-known restaurant chains to feature its products on their menus.

In response to the COVID-19 pandemic, Beyond Meat has implemented several measures to ensure the safety of its customers, supply chain partners, and employees. The company closely follows guidelines from health authorities like the U.S. Centers for Disease Control and Prevention (CDC) and the World Health Organization (WHO) to maintain business continuity and protect public health.

Beyond Meat continues to expand its production capabilities, including recent efforts to increase local production in Europe. This expansion aims to meet the growing demand for plant-based meat alternatives and reduce the environmental impact associated with long-distance shipping.

Keywords: Plant-based, Meat substitutes, Health-conscious, Sustainable, Innovation, Retail, Food service, COVID-19 measures, Expansion, Environmental impact.

Tech stack

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