Company data sheet · Kellanova

Kellanova: profitable every year, and standing still.

Industry
Grain Mill Products Manufacturing
Headquarters
United States
Sources
SEC filings (1994–2026), Stratrix's verified Decision Cases, market data and official economic statistics for the United States
Data as of
October 18, 2026
  1. Left behind by its peers. From 2016 to 2024, its revenue shrank 2% in US dollars; the median among 198 large manufacturers grew 42%. It outgrew only 16% of them.
  2. Leaders came and went. Kellanova filed 32 leadership changes since 2016, more than 79% of large manufacturers (the median is 20).
  3. Profitable every year. Kellanova made money in each of its last ten fiscal years, from $0.6 billion (fiscal 2016) to $1.5 billion (fiscal 2022).

Financial results

Fiscal yearRevenueNet income
2016$13.5 billion$0.6 billion
2016$13 billion$0.7 billion
2017$12.9 billion$1.3 billion
2018$13.5 billion$1.3 billion
2019$13.6 billion$1 billion
2021$13.8 billion$1.3 billion
2022$11.7 billion$1.5 billion
2022$12.7 billion$1 billion
2023$13.1 billion$1 billion
2024$12.7 billion$1.3 billion

As reported in its annual filings. Losses in red.

The full data sheet · Data Plan

Everything behind these findings, ready for your board deck.

  • Market reaction to disclosed decisions: 85 decision filings since 2016, each linked to the SEC, with the share return against its sector and the S&P 500 the next day and the next year (0 with market data).
  • Economic context: 7 measures for the United States, every year since 2016, from the official sources.
  • Peer comparison: against 264 companies of its size in its sector.
  • Financial results: ten years of revenue, operating and net income, and every annual report, linked.
  • Methods and sources, so each number can be checked and cited.

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