RealRate’s 2023 ranking for U.S. Food has just been harvested! The results, which are sorted by financial strength, can be seen below.
The Top 10 Food companies are as follows:
The top 3 companies in order are Tyson Foods, Lancaster Colony, and Bridgford Foods. They had Economic Capital Ratio figures of 244%, 239%, and 238% respectively. All 3 did well due to their strong Liabilities score.
Tyson Foods moved up from 5th last year to take the top spot. Lancaster Colony also moved up a place to grab 2nd. Bridgford is the biggest movers in the top 3, though, moving up a massive 19 places from 2022 to take 3rd place.
From a total of 49 companies, 12 received our coveted ‘Top Rated’ award.
The 10 next best companies in the ranking are as follows:
The U.S. Food Industry is a $6 trillion industry, with over $800 billion in both the sales of retail food and beverage stores and grocery store sales.
Shopping in supermarkets is preferred in the U.S. over online orders. However, this could radically change in the future with the digital market expected to show promising growth in the coming years.
The impressive thing RealRate does is to deliver utterly fair and independent company ratings, bringing together expert knowledge and innovative artificial intelligence in one package. Our AI model computes the all-important Economic Capital Ratio figure.
Being unbiased is part of our technology and business. We are not connected to any food company, and we are always fair and extremely explainable.
We are truly revolutionizing the ratings industry one step at a time.