John B Sanfilippo & Son Inc (JBSS)

Financial leverage ratio

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Dec 23, 2021 Sep 30, 2021 Sep 23, 2021 Jun 30, 2021 Mar 31, 2021
Total assets US$ in thousands 597,603 589,976 545,253 519,367 515,575 491,928 484,459 424,853 425,287 445,060 425,930 440,771 447,262 453,579 426,722 426,722 407,161 407,161 398,455 392,228
Total stockholders’ equity US$ in thousands 360,697 346,613 325,631 310,803 322,613 321,812 307,237 287,367 292,207 292,318 275,663 269,163 278,821 254,779 241,803 241,803 228,165 228,165 242,494 230,903
Financial leverage ratio 1.66 1.70 1.67 1.67 1.60 1.53 1.58 1.48 1.46 1.52 1.55 1.64 1.60 1.78 1.76 1.76 1.78 1.78 1.64 1.70

June 30, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $597,603K ÷ $360,697K
= 1.66

The financial leverage ratio of John B Sanfilippo & Son Inc has demonstrated fluctuations over the analyzed period from March 31, 2021, through June 30, 2025. Initially, the ratio hovered around 1.70, with values such as 1.70 in March 2021 and a slight decrease to 1.64 recorded in June 2021. There was a notable increase to 1.78 by September 2021, persisting at this level through September 2021 and December 2021.

In early 2022, the ratio remained relatively stable at 1.78 and subsequently declined to 1.60 by June 2022. The downward trend continued into late 2022, with the ratio decreasing to 1.55 by December 2022. During 2023, the leverage ratio further declined, reaching 1.52 in March and then decreasing to 1.46 by June. It experienced a slight uptick to 1.48 in September 2023, before increasing again to 1.58 at the end of the year.

From the start of 2024 through the first quarter of 2025, the ratio exhibited moderate fluctuations, with values such as 1.53 in March 2024, a rise to 1.60 in June 2024, and a peak at 1.67 in September 2024. The ratio remained steady at this level through December 2024 and slightly decreased to 1.70 in March 2025 before descending marginally to 1.66 in June 2025.

Overall, the trend indicates a gradual decline in leverage from a high of 1.78 in late 2021 to an approximate range of 1.46 to 1.70 in 2025. This suggests a reduction in financial leverage over the period, reflecting a possible shift toward less reliance on debt relative to equity, or improved capacity to manage leverage levels within a stable financial structure.


Peer comparison

Jun 30, 2025

Company name
Symbol
Financial leverage ratio
John B Sanfilippo & Son Inc
JBSS
1.66
Hershey Co
HSY
2.75
Tootsie Roll Industries Inc
TR
1.32