Update date
28 Feb 2024
- Info
- Insider Trading
- Financials
Sovos Brands, Inc. financial metrics
Professional SEC-based dashboard for profitability, financial health, and growth with transparent scoring logic. Latest period: Q1 2024.
- Location
- Louisville, CO
- Fiscal year end
- 28 July
- Latest financial report
- 28 Feb 2024
Shareable Research Card
Sovos Brands, Inc. Financial Facts
Sovos Brands, Inc. has a source-backed company facts page for reviewing reported financial metrics, periods, and linked metric histories.
Start with the latest metric summary, then open metric histories or cross-company rankings to compare the same SEC-backed facts.
- Context
- Latest metrics period: Q1 2024
- Latest reported value
- Return On Invested Capital 6.5%
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Open metric pages to inspect the reported history.
Return Loop
Why revisit this company facts page
Company facts change as new 10-Q and 10-K filings update the latest reported period, headline values, and cross-company comparison context.
- Latest source-backed update
- Latest metrics period Q1 2024
- Why come back
- Use the next filing cycle to compare new facts against this baseline and then verify the detailed metric history.
- Current latest metrics period: Q1 2024.
- Most recent SEC facts end date on this page: 23 Feb 2024.
- Save this filer to return when the next filing-backed metric period changes the picture.
Freshness comes from the latest SEC company facts period available for this filer and the linked metric history pages.
Latest update
Latest update for Sovos Brands, Inc.
Latest financial period: Q4 2023. Reopen this facts page to verify the newest reported period against the prior baseline.
Page type
Company facts
Latest period
Q1 2024
SEC-backed company facts were refreshed from filings filed on 28 Feb 2024.
Benchmark Context
How Return On Invested Capital compares
Return On Invested Capital is down about 284% versus the comparable prior period.
Compared with
Compared with Sovos Brands, Inc.'s recent history first. Same-industry peer context appears only when enough SEC-backed benchmark coverage exists.
Why this is notable
Return On Invested Capital already has a self-history signal here, but same-industry benchmark context waits until the benchmark sample is strong enough.
- Latest comparable period on this page: Q1 2024.
- Peer context will appear when enough companies report a comparable value for this metric.
- Open the metric history first if you want to verify the exact period-to-period change.
Industry benchmark context uses SEC-reported values from the same methodology version. Latest periods may differ across companies.
How to read key metrics on this page
These short guides explain what the headline metrics mean, what to compare next, and where to open the live SEC-backed example for this company.
Plain-English Guide
How to read Revenue on this page
Revenue is the sales a company reports from customers before most expenses are subtracted.
Why people care
People start here to understand business scale and whether demand is growing before they ask about margins or cash flow.
How to read it
Check the latest reported period first, then compare the same quarter or year against prior periods so seasonality does not distort the story.
Compare next
Compare revenue with gross profit, operating income, and operating cash flow to see whether sales are turning into healthy economics.
Revenue can jump because of acquisitions, pricing changes, or revenue-recognition rules, and reporting periods may differ across companies.
Open a live SEC-backed example
Save this filer page
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Quick Takeaways
- Sovos Brands, Inc. financial facts are built from SEC company filings data.
- Latest metrics period on this page: Q1 2024.
- Headline metric: Return On Invested Capital 6.5%.
What Changed
- Return On Invested Capital YoY change: -284%.
- Most recent SEC facts end date: 23 Feb 2024.
Why This Matters
- This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
- Every metric card links to a deeper SEC-backed history page for verification.
Source Evidence
Based on latest 10-Q/10-K
See Original Filing
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Open company facts to inspect the reported metric history.
Latest SEC snapshot (2024-02-23) highlights Return On Invested Capital 6.5%, Return On Equity 6.0%, and Return On Assets 2.5%.
Compare This Company Through SEC-backed Metrics
Use these links to compare Sovos Brands, Inc. against other SEC filers on the same metric, then verify the company history from the paired facts page.
Revenues YoY
Latest value: 16%
Financial Quality Score
Transparent 0-100 scoring model based on profitability, financial health, and growth factors.
35.8/100
Weak Confidence high
Return On Invested Capital
6.5%
Metric score 10.2/100
Return On Equity
6%
Metric score 0.0/100
Return On Assets
2.5%
Metric score 6.5/100
Financial Health
- Current Ratio
- 2.9x
- Quick Ratio
- 2.21x
- Debt to Equity
- 0.91x
Strengths
Revenues YoY
Watchpoints
Return On Invested Capital, Return On Equity, and Return On Assets
Key metrics snapshot
Return On Invested Capital
6.5%
YoY: -284%
Return On Equity
6%
YoY: -155%
Industry median: 5.6% (n=24)
Return On Assets
2.5%
YoY: -155%
Industry median: -15% (n=24)
Operating Margin
7.9%
YoY: -280%
Industry median: 3.3% (n=19)
Current Ratio
2.9x
YoY: +7.1%
Industry median: 1.21x (n=23)
Quick Ratio
2.21x
YoY: +19%
Industry median: 0.55x (n=22)
Debt-to-equity
0.91x
YoY: -9.9%
Industry median: 0.54x (n=16)
Revenues YoY
16%
YoY:
Industry median: 6% (n=22)
Profitability
| Metric | Latest value | YoY change |
|---|---|---|
| Return On Invested Capital | 6.5% | -284% |
| Return On Equity | 6% | -155% |
| Return On Assets | 2.5% | -155% |
| Operating Margin | 7.9% | -280% |
Financial Health
| Metric | Latest value | YoY change |
|---|---|---|
| Current Ratio | 2.9x | +7.1% |
| Quick Ratio | 2.21x | +19% |
| Debt-to-equity | 0.91x | -9.9% |
Growth
| Metric | Latest value | YoY change |
|---|---|---|
| Revenues YoY | 16% |
Share Metrics
| Metric | Latest value | YoY change |
|---|---|---|
| Entity Common Stock, Shares Outstanding | 101,856,379 | +1.6% |
How we score
This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.
| Metric | Weight | V1 threshold |
|---|---|---|
| ROIC | 20 | 5% to 20% |
| ROE | 15 | 8% to 25% |
| ROA | 10 | 2% to 10% |
| Operating Margin | 5 | 5% to 25% |
| Current Ratio | 12 | 1.0x to 2.0x |
| Quick Ratio | 8 | 0.8x to 1.5x |
| Debt to Equity | 10 | 0.3x to 2.0x (lower is better) |
| Revenue YoY | 10 | -10% to +20% |
| Net Income YoY | 10 | -10% to +20% |
How Calculated (standard_v1)
Metrics are computed with a market-consensus convention designed for cross-portal comparability.
- TTM Operating Income / TTM Revenues
- Current Assets / Current Liabilities (latest instant quarter)
- (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
- Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
- TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
- TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
- TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
- TTM Revenues YoY
- TTM Net Income YoY