Associated British Foods plc (ASBFY) Stock Price & Analysis
Associated British Foods plc (ASBFY) — price $24.12 (-0.99%), as of the Oct 5, 2026 trading session; market cap $16.9B. Expected results Nov 3, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Associated British Foods plc · ASBFY · Consumer Defensive · Packaged Foods
Associated British Foods plc (ABF) is a global diversified enterprise, encompassing significant operations in food production, ingredient manufacturing, and retail.
Price as of Oct 5, 2026
Key Statistics
No publishable V2 score is available for this stock yet.
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $24.12 | |
| Change on the day | -0.99% | |
| 52-week range | $23.36 – $31.11 | |
| Market capitalisation | $16.9B | |
| Price / earnings (trailing) | 13.71 | |
| Shares traded on the day | 2.4K | |
| Beta (volatility vs the S&P 500) | 0.84 | |
| Dividends per share (last 12 months) | $0.84 | |
| Dividend yield (last 12 months) | 3.49% |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · above the recorded estimate
- · Earnings call · management outlook
- · Earnings results · below the recorded estimate
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
Management outlook
And so we now expect sugar to deliver an adjusted operating loss for the full year in 2026.
Joana Edwards · Statement from
The adjusted effective tax rate was 24.5% in the first half which is similar to the tax rate in the first half of 2025 of 24.1%, and we continue to expect the group's effective tax rate in 2026 to remain broadly in line with 2025.
Joana Edwards · Statement from
Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.
Read management statementsOther perspectives
Council score for Associated British Foods (ASBFY): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Legends Council
6 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Oct 4, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 10, 2026, the Munger lens read the price at that time as undervalued against its own estimate of value.
Readings on this page are from Oct 6, 2026, except a card that shows its own read date.
Watch the ASBFY film — every key number, told as a short cinematic story
~2 min · open the film
What is Associated British Foods (ASBFY), and what does it report?
Short answer · as of
Associated British Foods plc (ABF) is a global diversified enterprise, encompassing significant operations in food production, ingredient manufacturing, and retail. Associated British Foods plc (ASBFY) is classified as Consumer Defensive / Packaged Foods. Headquarters: Weston Centre, London, GL, W1K 4QY, GB. It employs 138,000 people and is led by George Garfield Weston. In Q2 FY2026 it reported revenue of $12.52B and net income of $588M. The market values it at $16.9B.
What do the latest results show for Associated British Foods (ASBFY)?
Short answer · as of
The most recent reported quarter, Q2 FY2026, carried revenue of $12.52B. Against analyst estimates the company has EPS beat 6 of 8 reports.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $12.79B Apr 21, 2026
- Latest report · revenue estimate
- $12.81B Apr 21, 2026
- Latest report · revenue vs estimate
- Below estimate Apr 21, 2026
- Latest report · EPS vs estimate
- Below estimate Apr 21, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Apr 21, 2026 | $12.79B | $12.81B | $0.9550 | $0.9700 |
| Nov 4, 2025 | $12.98B | $13.77B | $1.2500 | $1.2100 |
| Apr 21, 2025 | $12.73B | $12.00B | $1.1200 | $1.0300 |
| Nov 5, 2024 | $13.40B | $13.69B | $1.3800 | $1.3400 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q2 FY2026 | $12.52B | $588M | $0.83 (diluted) |
| Q4 FY2025 | $13.15B | $667M | $0.93 (diluted) |
| Q2 FY2025 | $12.59B | $689M | $0.94 (diluted) |
| Q4 FY2024 | $13.69B | $1.05B | $1.41 (diluted) |
What are the financial strengths and risks for Associated British Foods (ASBFY)?
Short answer
The distress and quality screens read Altman Z 4.49 · Piotroski F 6. Trailing ratios: ROE 8.4% · ROA 4.8% · current ratio 1.51 · earnings yield 7.2% · free-cash-flow yield 9.1%.
What should you watch next at Associated British Foods (ASBFY)?
Short answer · as of
The next earnings report is expected on Nov 3, 2026.
What management is planning
Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.
And so we now expect sugar to deliver an adjusted operating loss for the full year in 2026.
Joana Edwards ·
The adjusted effective tax rate was 24.5% in the first half which is similar to the tax rate in the first half of 2025 of 24.1%, and we continue to expect the group's effective tax rate in 2026 to remain broadly in line with 2025.
Joana Edwards ·
We still expect CapEx to be around GBP 1.2 billion for the full year in 2026, similar to last year.
Joana Edwards ·
For Stratas, the reduction in out-of-home eating by those consumers and lower procurement margins led to a reduced profit contribution in the first half, and we expect more normal margin levels to improve profit in the second half, and we've got some of that baked in already.
George Weston ·
What the records here don't tell us
- Detailed statement figures are not shown because their conversion to USD has not been verified.
- No insider Form 4 transaction falls inside the window this page reads.
Checked against the records this page reads, on the dates shown above.
What has been published about Associated British Foods (ASBFY)?
Associated British Foods Consumer Defensive Stock: Key Questions Answered
Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.
Why does Primark change how Associated British Foods should be analysed?
Primark exposes the group to fashion-store traffic and discretionary purchases, whereas the food divisions serve shoppers, retailers, caterers, farmers and industrial customers. Group revenue and profit therefore reflect very different purchasing cycles within the same company.
Why is Sugar a particular pressure for Associated British Foods?
Management expects Sugar to deliver an adjusted operating loss. Because the division grows, processes and sells sugar to industrial customers, that weakness sits alongside rather than inside Primark or branded grocery performance.
What must improve at Stratas for its profit contribution to recover?
Management tied the weaker contribution to reduced out-of-home eating and lower procurement margins. Its recovery expectation depends on procurement margins moving toward normal levels and the consumer pressure not worsening.
What is the ASBFY stock price today?
The last price recorded on this page for Associated British Foods plc (ASBFY) is $24.12, as of the Oct 5, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
Does ASBFY pay a dividend?
Yes. Associated British Foods plc (ASBFY) shows a trailing 12-month dividend yield of 3.49%, as of Oct 5, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (42 figures)
The 42 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 1 fact from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
prod.outlook | Management outlook — call excerpts | Joana Edwards (Apr 21, 2026): And so we now expect sugar to deliver an adjusted operating loss for the full year in 2026. Joana Edwards (Apr 21, 2026): The adjusted effective tax rate was 24.5% in the first half which is similar to the tax rate in the first half of 2025 of 24.1%, and we continue to expect the group's effective tax rate in 2026 to remain broadly in line with 2025. Joana Edwards (Apr 21, 2026): We still expect CapEx to be around GBP 1.2 billion for the full year in 2026, similar to last year. George Weston (Apr 21, 2026): For Stratas, the reduction in out-of-home eating by those consumers and lower procurement margins led to a reduced profit contribution in the first half, and we expect more normal margin levels to improve profit in the second half, and we've got some of that baked in already. | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. |
FMP — 32 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
px.last | Latest provided price | $24.12 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-06T00:49:07.436Z. | |
px.change | Change on the day | -0.99% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalisation | $16.9B | FMP | Financial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-05. FMP quote timestamp: 2026-10-05T19:58:25.000Z. Captured from FMP at 2026-10-06T00:48:20.842Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
earn.next | Next earnings date | Nov 3, 2026 | FMP | Financial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it. | |
id.business_summary | Business description (FMP excerpt) | Associated British Foods plc (ABF) is a global diversified enterprise, encompassing significant operations in food production, ingredient manufacturing, and retail. | FMP | Financial Modeling Prep (FMP) company profile — Deterministic excerpt derived from id.description; source and date describe the input fact, not a new provider observation | |
px.change_abs | Change on the day, in dollars | −$0.24 | FMP | Financial Modeling Prep (FMP) · quote | |
px.pe | Price / earnings (trailing) | 13.71 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 2.4K | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 0.84 | FMP | Financial Modeling Prep (FMP) company profile | |
id.sector | Sector / industry (provider taxonomy) | Consumer Defensive / Packaged Foods | FMP | Financial Modeling Prep (FMP) company profile | |
id.hq | Headquarters | Weston Centre, London, GL, W1K 4QY, GB | FMP | Financial Modeling Prep (FMP) company profile | |
id.employees | Employees | 138,000 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | George Garfield Weston | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
fin.q_revenue | Revenue, Q2 FY2026 | $12.52B | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
fin.q_income | Net income, Q2 FY2026 | $588M | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
earn.history.depth.2026-04-21.revenue_actual | Revenue · reported — report date 2026-04-21 | $12.79B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-21.revenue_estimated | Revenue · estimate — report date 2026-04-21 | $12.81B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-21.eps_actual | EPS · reported — report date 2026-04-21 | $0.9550 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-21.eps_estimated | EPS · estimate — report date 2026-04-21 | $0.9700 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-04.revenue_actual | Revenue · reported — report date 2025-11-04 | $12.98B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-04.revenue_estimated | Revenue · estimate — report date 2025-11-04 | $13.77B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-04.eps_actual | EPS · reported — report date 2025-11-04 | $1.2500 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-04.eps_estimated | EPS · estimate — report date 2025-11-04 | $1.2100 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-04-21.revenue_actual | Revenue · reported — report date 2025-04-21 | $12.73B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-04-21.revenue_estimated | Revenue · estimate — report date 2025-04-21 | $12.00B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-04-21.eps_actual | EPS · reported — report date 2025-04-21 | $1.1200 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-04-21.eps_estimated | EPS · estimate — report date 2025-04-21 | $1.0300 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2024-11-05.revenue_actual | Revenue · reported — report date 2024-11-05 | $13.40B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2024-11-05.revenue_estimated | Revenue · estimate — report date 2024-11-05 | $13.69B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2024-11-05.eps_actual | EPS · reported — report date 2024-11-05 | $1.3800 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2024-11-05.eps_estimated | EPS · estimate — report date 2024-11-05 | $1.3400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q2 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed |
UNRECORDED — 4 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
px.range52 | 52-week range | $23.36 – $31.11 | UNRECORDED | Stored company-profile observation — Captured 2026-10-06 | |
earn.history | Reported versus estimated, recent quarters | EPS beat 6 of 8 | UNRECORDED | Stored earnings-history observation — Captured 2026-09-13 · Expired observation | |
fin.scores | Distress and quality screens | Altman Z 4.49 · Piotroski F 6 | UNRECORDED | Stored financial-scores observation — Captured 2026-10-03 · Expired observation | |
fin.ratios | Return and yield ratios (trailing twelve months) | ROE 8.4% · ROA 4.8% · current ratio 1.51 · earnings yield 7.2% · free-cash-flow yield 9.1% | — | UNRECORDED | Stored key metrics — Date unknown |
COMPUTED — 4 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
div.ttm_per_share | Dividends per share, last 12 months (split-adjusted) | $0.84 | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history — Sum of 2 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-06, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate. | |
div.ttm_yield | Dividend yield, last 12 months | 3.49% | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate. | |
earn.history.depth.2026-04-21.revenue_actual.comparison | Latest report · revenue vs estimate | Below estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($12.79B) with the recorded estimate ($12.81B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-04-21.eps_actual.comparison | Latest report · EPS vs estimate | Below estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.9550) with the recorded estimate ($0.9700) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 1 fact from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
gap.statement_currency | Statement currency limitation | Detailed statement figures are not shown because their conversion to USD has not been verified. | OURS | Stock Expert AI currency-basis check |
Fact-family notes
- Earnings-history note. Source series as of 2026-04-21. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-04-21.revenue_actual,earn.history.depth.2026-04-21.revenue_estimated,earn.history.depth.2026-04-21.revenue_actual.comparison,earn.history.depth.2026-04-21.eps_actual.comparison,earn.history.depth.2026-04-21.eps_actual,earn.history.depth.2026-04-21.eps_estimated,earn.history.depth.2025-11-04.revenue_actual,earn.history.depth.2025-11-04.revenue_estimated,earn.history.depth.2025-11-04.eps_actual,earn.history.depth.2025-11-04.eps_estimated,earn.history.depth.2025-04-21.revenue_actual,earn.history.depth.2025-04-21.revenue_estimated,earn.history.depth.2025-04-21.eps_actual,earn.history.depth.2025-04-21.eps_estimated,earn.history.depth.2024-11-05.revenue_actual,earn.history.depth.2024-11-05.revenue_estimated,earn.history.depth.2024-11-05.eps_actual,earn.history.depth.2024-11-05.eps_estimated.
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- Research standards
- Methodology · Editorial policy · Corrections
- Report a number
- sedat@stockexpertai.com
Sources used for research written 2026-09-12
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | Associated British Foods plc (ABF) is a global diversified enterprise, encompassing significant operations in food production, ingredient manufacturing, and retail. Its activities are organized across five principal segments: Grocery, Sugar, Agriculture, Ingredients, and Retail. The Grocery division is responsible for the manufacture and distribution of a broad spectrum of grocery items. This includes hot drinks, various sugars and sweeteners, cooking oils, specialty vinegars, a range of bread and baked goods, breakfast cereals, ethnic cuisine components, and meat products, supplied to retailers, wholesalers, and catering businesses alike. Within the Sugar segment, ABF engages in the cultivation, processing, and sale of both sugar beet and sugar cane, primarily catering to industrial clients. Its Agriculture division develops and markets animal feed products, in addition to offering a suite of other goods and services designed for the broader agricultural community. The Ingredients arm focuses on producing specialized components such as baker's yeast, various bakery ingredients, enzymes, lipids, yeast extracts, and unique cereal preparations. The Retail segment, operating through its well-known Primark and Penneys chains, is dedicated to sourcing and selling fashion apparel and accessories. Their extensive offerings span women's, men's, and children's clothing, footwear, various accessories, homeware essentials, and skincare products. Founded in 1935, ABF maintains its corporate headquarters in London, United Kingdom. Associated British Foods plc functions as a subsidiary of Wittington Investments Limited. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Sector / industry (provider taxonomy) | Consumer Defensive / Packaged Foods | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Management outlook — dated call excerpts | Captured record · 4 entries
Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | 2026-04-21 | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) |
Data provided for informational purposes only.