Short answer
FRESH DEL MONTE PRODUCE INC (FDP) filed its fiscal 2025 10-K annual report with the SEC on Feb 19, 2026. It reported revenue of $4.3B (+1.0% year over year) and net income of $91M.
- Top risk flagged: Ongoing $260.6M tax deficiency claims in three foreign jurisdictions related to transfer pricing disputes for tax years 2012-2021
FY2025 key financial metrics · XBRL
- Revenue
- $4.3B
- +1.0% YoY
- Net income
- $91M
- −36.2% YoY
- Operating margin
- 3.2%
- −1.4 pp YoY
- Gross margin
- 9.2%
- +0.9 pp YoY
- EPS (diluted)
- $1.88
- −36.5% YoY
- ROE
- 4.5%
- −2.6 pp YoY
- Operating cash flow
- $245M
- +34.3% YoY
Source: XBRL data from the FRESH DEL MONTE PRODUCE INC (FDP) FY2025 10-K on SEC EDGAR. USD.
FRESH DEL MONTE PRODUCE INC FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business: vertically integrated global producer, marketer and distributor of fresh and fresh-cut fruits and vegetables plus prepared foods, juices, beverages, and snacks
- New emphasis: Acquisition of Del Monte Foods assets for $285M, unifying Del Monte® brand ownership for first time in nearly 40 years
- Strategic shift: Integration of shelf-stable prepared foods with fresh produce business under one strategy, leveraging combined North American distribution network
- Quantitative highlight: Bananas 34% and pineapples 16% of net sales in 2025; North America accounted for 58% of net sales, fresh-cut produce 20%
- Noteworthy: Expansion into Southeast Asia banana sourcing via partnership with THACO Agri; launched Rubyglow® pineapple in China and expanded it in Europe in 2025
Management Discussion & Analysis
- No cash flow, capital allocation, buybacks, dividends, or capex details mentioned
- No forward-looking guidance, management outlook, or risk discussion provided
Risk Factors
- Ongoing $260.6M tax deficiency claims in three foreign jurisdictions related to transfer pricing disputes for tax years 2012-2021
- Tariffs and trade policy changes in 2025 impacting sourcing from Costa Rica, Guatemala, Ecuador, Mexico (11% of North American sales)
- Red Sea shipping disruptions from Middle East conflicts causing longer routes, higher rates, and potential write-offs
- Competitive threat from integrated fresh and shelf-stable foods after acquisition of Del Monte Foods assets for ~$285M pending Hart-Scott-Rodino clearance
- $17.9M pre-tax loss from divestiture of Mann Packing business including $7.2M goodwill impairment and complex $19M payment terms
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