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World's largest meat processing company, producing beef, pork, poultry and prepared foods globally.
World's largest meat processing company, producing beef, pork, poultry and prepared foods globally.
Buys cattle, hogs and chickens and sells the meat, so profit is the spread between meat prices and livestock and feed costs rather than a price it sets. Operations are spread across the US, Brazil, Australia and Europe, including a controlling stake in US chicken producer Pilgrim's Pride. The Batista family controls it through J&F.
In one line: A much larger, global Tyson Foods.
Moat: narrow (scale, cost advantage, distribution). Global scale across proteins and countries gives sourcing/cost flexibility that regional processors lack.
Headquarters: Sao Paulo, Brazil · Founded: 1953 · Employees: 283,000
Size JBS (JBS) is a United States Consumer Staples company (Food: Meat/Fish/Dairy) with a market value of $13.4B, the 652nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $12.48 on 6 Nov 2026.
Performance Over six months the shares fell 22.5%, against +6.6% for the median peer and -1.1% for the United States market (cap-weighted) — 4th lowest of 16 in its peer set.
Growth Revenue grew 334.1% over the last twelve months (peer median +2.9%); the operating margin is 3.5% (peer median 7.6%).
Valuation It trades at 11.8× forward earnings against a peer median of 17.0× (3rd cheapest of 16).
Capital Return on invested capital runs 2.5 points above its cost of capital (5.8% WACC).
Credit JBS has 5 bonds outstanding ($5.23B), rated BBB- by the agencies and trading like BBB- at a weighted spread of 145 bp.
Short interest Short interest is 5.4% of the free float (15 Oct 2026).
Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $91.1B | $86.0B | $77.3B | $0 | $0 |
| Revenue growth | — | +11% | — | — | — |
| Gross profit | $10.5B | $11.0B | $11.4B | $0 | $0 |
| EBITDA | $5.67B | $6.44B | $6.71B | -$72,070 | -$24,780 |
| Net income | $1.11B | $2.03B | $1.78B | -$67,469 | -$25,753 |
| Free cash flow | $388M | $754M | $2.87B | -$46,250 | -$45,500 |
| Capital expenditure | $2.64B | $2.08B | $1.51B | $0 | $0 |
| Total debt | $24.4B | $23.0B | $21.1B | $0 | $0 |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| JBS JBS | $13.4B | -23% | +334% | 4% | 11.8× | -6.5% |
| Tyson Foods TSN | $20.6B | -13% | +3% | 3% | 17.4× | 6.7% |
| Smithfield Foods SFD | $7.60B | -26% | -2% | 7% | 13.0× | -11.5% |
| Wh Group 0288.HK | $10.8B | -31% | +6% | 9% | 8.4× | -16.4% |
| Hormel Foods HRL | $12.1B | +7% | +1% | 7% | 14.4× | 0.9% |
| Maple Leaf Foods MFI.TO | $2.39B | -13% | -17% | 8% | 16.1× | 2.4% |
| Nh Foods 2282.T | $3.40B | -10% | +7% | 3% | 14.0× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | JBS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.1% | +10.2% | 2nd lowest of 16 |
| 6-month return | -22.5% | +6.6% | 4th lowest of 16 |
| Distance from 52-week high | -33.1% | -14.1% | 4th lowest of 16 |
| Revenue growth (TTM) | +334.1% | +2.9% | highest of 16 |
| Operating margin | 3.5% | 7.6% | 3rd lowest of 16 |
| Forward P/E | 11.8× | 17.0× | 3rd cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | -6.5% | 0.6% | 3rd least demanding of 13 |
| ROIC minus cost of capital | +2.5 pp | +3.7 pp | 7th lowest of 16 |
| EV / EBITDA | 6.2× | 10.3× | 3rd cheapest of 14 |
| Net debt / EBITDA | 3.7× | 1.6× | most indebted of 15 |
| Bond spread | 145 bp | 81 bp | widest of 5 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| JBS JBS | United States | $13.4B | -23% | +334% | 4% | 11.8× | -6.5% | n/a |
| Henan Shuanghui Investment & Development 000895.SZ | China | $12.7B | -12% | -4% | 11% | 17.3× | -4.6% | -4.3% |
| Mowi MOWI.OL | Norway | $12.4B | +12% | +10% | 13% | 17.8× | 7.5% | +10.7% |
| Saputo SAP.TO | Canada | $12.4B | +7% | -5% | 6% | 21.2× | -1.9% | +4.2% |
| Magnum Ice Cream MICC.AS | Netherlands | $12.1B | +35% | +1% | 8% | 17.9× | 10.9% | +1.8% |
| Hormel Foods HRL | United States | $12.1B | +7% | +1% | 7% | 14.4× | 0.9% | +4.7% |
| Wh Group 0288.HK | Hong Kong | $10.8B | -31% | +6% | 9% | 8.4× | -16.4% | +1.9% |
| Mengniu Dairy 2319.HK | Hong Kong | $10.5B | +28% | +3% | 5% | 14.7× | 6.7% | +0.9% |
| Tyson Foods TSN | United States | $20.6B | -13% | +3% | 3% | 17.4× | 6.7% | +4.7% |
| Smithfield Foods SFD | United States | $7.60B | -26% | -2% | 7% | 13.0× | -11.5% | +1.9% |
| Emmi EMMN.SW | Switzerland | $6.32B | +16% | +4% | 7% | 21.8× | 0.3% | +5.1% |
| Yakult Honsha 2267.T | Japan | $5.15B | +3% | -1% | 9% | 17.0× | n/a | n/a |
| Want Want China 0151.HK | Hong Kong | $4.43B | -32% | +6% | 18% | 9.7× | n/a | n/a |
| Cranswick CWK.L | United Kingdom | $3.94B | +7% | +10% | 8% | 17.2× | 5.7% | +9.5% |
| Danone BN.PA | France | $48.3B | +8% | 0% | 15% | 17.0× | -0.8% | +2.9% |
| Nh Foods 2282.T | Japan | $3.40B | -10% | +7% | 3% | 14.0× | n/a | n/a |
JBS has 5 bonds outstanding with $5.23B face value. The agencies rate it BBB-; its bonds trade like BBB-. Weighted yield 6.48%, a spread of 145 bp over government bonds.