Post Holdings Inc (0KJZ.L) Q4 2025 Earnings Report

Post Holdings reported a solid top-line performance in QQ4 2025 with revenue of $2.247 billion, up 11.8% year over year and 13.2% quarter over quarter, underscoring continued demand across its diversified portfolio. Gross profit rose to $602.1 million for a gross margin of 26.8%, while EBITDA reached $320.9 million (margin ~14.3%). However, operating income declined to $168.4 million (operating margin 7.49%), and net income decreased sharply to $51.0 million, down 37.5% year over year and 53.0% quarter over quarter, with diluted EPS of $0.88–$0.94 depending on share count. The gap between topline growth and profitability reflects higher fixed costs and ongoing SG&A investments, as evidenced by a negative swing in total other income/expenses and a mid-single-digit EBITDA margin relative to revenue. Management commentary via the earnings call (where available) did not publish explicit forward guidance in QQ4, placing emphasis on brand Portfolio execution and cost containment strategies as catalysts for future margin recovery. On the balance sheet, liquidity remains modest with current ratio 1.67 and cash ratio 0.15, while gearing remains elevated (debt ratio 0.55; debt/equity 1.98) and interest coverage sits at 1.65, highlighting the need for disciplined capital allocation and potential deleveraging over the near term. Investors should monitor cost inflation relief, mix-driven pricing, and operating expense discipline as primary drivers of margin expansion going into 2026.