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All 77 Consumer Staples Stocks List From Major Sector ETFs Now


Data updated daily
Article updated on September 27th, 2024 by Bob Ciura

The consumer staples sector is home to some of the most well-known dividend growth stocks in the world.

There is also a wide body of evidence that suggests that the consumer staples sector outperforms over long periods of time.

With that in mind, we’ve compiled a database of all 77 consumer staples stocks, which you can access below:

 

Click here to instantly download your free spreadsheet of all 77 Consumer Staples Stocks now, along with important investing metrics.

The list of stocks was derived from a few major consumer staples ETFs:

  1. Consumer Staples Select Sector SPDR ETF (XLP)
  2. Invesco Dynamic Food & Beverage ETF (PBJ)
  3. Invesco S&P Small Cap Consumer Staples ETF (PSCC)

Keep reading this article to learn more about the merits of investing in consumer staples stocks.

Table of Contents

This article provides our full list of all consumer staples stocks, a tutorial on how to use the spreadsheets to create screens of consumer staples stocks, and the top 7 consumer staples stocks now.

The top 7 list was derived from the expected returns of each stock. We calculate expected returns based on a projection of earnings-per-share growth, dividend yields, and changes in the valuation multiple.

The 7 consumer staples stocks are ranked by 5-year expected returns, from lowest to highest.

The table of contents below allows for easy navigation:

How To Use The Consumer Staples Stocks List To Find Investment Ideas

Having an Excel document containing each dividend-paying consumer staples stocks is very useful.

This tool becomes even more potent when combined with a solid, fundamental knowledge of how to manipulate data with Microsoft Excel. Quantitative investing screeners allow investors to remove many of the cognitive biases that impair long-term investing returns.

With that in mind, this section will provide a step-by-step explanation of how to use the dividend-paying consumer staples stocks list to find the best consumer staples investment ideas by using simple screening techniques.

The first screen that we will implement is for stocks with price-to-earnings ratios below 25,

Screen 1: Avoiding Overvalued Stocks

Step 1: Download your free spreadsheet of all 71 consumer staples stocks here.

Step 2: Click on the filter icon at the top of the price-to-earnings ratio column, as shown below.

Consumer Staples Dividend Stocks Excel Tutorial 1

Step 3: Change the filter setting to “Less Than” and input 25 into the field beside it, as shown below.

Consumer Staples Dividend Stocks Excel Tutorial 2

The remaining stocks in the spreadsheet are consumer staples with price-to-earnings ratio less than 25.

The next screen that we’ll implement is for ‘blue chip stocks’ – those with dividend yields above 3% and market capitalizations above $10 billion.

Screen 2: Blue Chip Stocks

Step 1:Download your free spreadsheet of all 71 consumer staples stocks here.

Step 2: We’ll first filter by dividend yield and then by market capitalization. Importantly, order doesn’t matter – you could also filter by market capitalization and then dividend yield and the screen would output the same results.

To filter by dividend yield, click the filter icon at the top of the dividend yield icon, as shown above.

Consumer Staples Dividend Stocks Excel Tutorial 3 \

Step 3: To filter for dividend yields greater than 3%, change the filter setting to ‘Greater Than’, and input 0.03 into the field beside it.

Consumer Staples Dividend Stocks Excel Tutorial 4

Step 4: Next we’ll execute the screen for market capitalization. Close of out of the previous window (by clicking exit, not by clicking ‘clear filter’ at the bottom of the filter window). Then, click the filter icon at the top of the market capitalization column, as shown below.

Consumer Staples Stocks Corrected Excel Tutorial

Step 5: Change the filter setting to ‘Greater Than’ and input 10000 into the field beside it. Notice that since market capitalization is measured in millions of dollars in this spreadsheet, then filtering for stocks with market capitalizations above ‘$10,000 million’ is equivalent for screening for securities with market capitalizations above $10 billion.

Consumer Staples Dividend Stocks Excel Tutorial 6

The remaining stocks in this spreadsheet are those with dividend yields above 3% and market capitalizations above $10 billion.

You now have a solid understanding of how to use the dividend-paying consumer staples stocks spreadsheet to find compelling investment ideas. The next section will provide a summary of why the consumer staples sector merits an allocation in your investment portfolio.

Why Invest In Consumer Staples Stocks?

Consumer staples stocks are an appealing investment category for a number of reasons.

First of all, consumer staples stocks are very recession-resistant by definition. Consumer staples companies make products or deliver services that are considered to be ‘staples’ – in other words, consumers can’t do without them.

Food stocks within the consumer staples sector are an excellent example of this.  Consumers are likely to buy more food products during recessions as they cut back on dining out to conserve funds during difficult economic times.

Alcohol stocks are another example.  People tend to drink at least the same amount (if not more) when times get tough.

This means that consumer staples stocks tend to hold up very well during periods of economic turmoil. This can be seen by studying the sector’s performance during the 2007-2009 financial crisis.

During 2008, for example, the consumer staples sector returned -15%. While this seems bad on the surface, it is actually very good on a relative basis. Here’s the performance of some other sectors during the same calendar year:

Clearly, the performance of the consumer staples sector beat these other industries by a wide margin despite being negative itself. In fact, consumer staples was the single best performing sector during calendar year 2008.

The consumer staples sector stands up well during times of recessions, implying that the sector presents less risk than many of its counterparts.

Amazingly, the sector’s long-term performance has also been one of the best. The sector has demonstrated a remarkable ability to generate consistently high returns on invested capital, avoiding the mean reversion experienced by many other highly profitable industries.

While traditional academic theory tells us that investors must assume extra risk to generate incremental returns, the outperformance of the recession-resistant consumer staples sector tells us that this isn’t true in practice.

The sector’s combination of high returns and low risk make it a uniquely appealing sector for conservative total return investors.

Consumer Staples Stock #7: Archer Daniels Midland (ADM)

Archer-Daniels-Midland is the largest publicly traded farmland product company in the United States. Archer-Daniels-Midland’s businesses include processing cereal grains, oilseeds, and agricultural storage and transportation.

Archer-Daniels-Midland reported its second-quarter results for Fiscal Year (FY) 2024 on July 30th, 2024. The company recorded net earnings of $486 million, with adjusted net earnings at $508 million. Earnings before taxes were $596 million, while adjusted segment operating profit reached $1,021 million.

The Ag Services & Oilseeds segment was impacted by large South American crops and changes in farmer selling behaviors, but improvements in other segments like Carbohydrate Solutions and Nutrition showed solid performance.

In the second quarter of 2024, ADM’s earnings before taxes decreased by 47% compared to the previous year, largely due to lower pricing and higher corporate costs.

Click here to download our most recent Sure Analysis report on ADM (preview of page 1 of 3 shown below):

Consumer Staples Stock #6: Constellation Brands Inc. (STZ)

Constellation Brands was founded in 1945, and today, it produces and distributes beer, wine, and spirits. It has over 100 brands in its portfolio, including beer brands such as Corona.

In addition, Constellation’s wine brands include Robert Mondavi and Clos du Bois. Its liquor brands include SVEDKA Vodka, Casa Noble Tequila, and High West Whiskey.

One of the biggest reasons for Constellation Brands’ impressive growth in recent years, is its focus on the premium segment, which continues to grow.

On July 3rd, 2024, Constellation Brands reported first quarter fiscal 2025 results for the period ending May 31st, 2024.

Source: Investor Presentation

For the first quarter, the company recorded $2.66 billion in net sales, a 6% increase compared to the same prior year period. Beer sales improved by 8% year-over-year, while wine and spirits sales declined by 7%.

Comparable earnings-per-share equaled $3.57 for the quarter, which was a 17% increase compared to Q1 2024, and 12 cents ahead of analyst estimates.

Click here to download our most recent Sure Analysis report on STZ (preview of page 1 of 3 shown below):

Consumer Staples Stock #5: PepsiCo Inc. (PEP)

PepsiCo is a global food and beverage company that generates $89 billion in annual sales. The company’s products include Pepsi, Mountain Dew, Frito-Lay chips, Gatorade, Tropicana orange juice and Quaker foods. The company has more than 20 $1 billion brands in its portfolio.

Its business is split roughly 60-40 in terms of food and beverage revenue. It is also balanced geographically between the U.S. and the rest of the world.

Source: Investor Presentation

On July 11th, 2024, PepsiCo announced second quarter results for the period ending June 30th, 2024. For the quarter, revenue grew 0.8% to $22.5 billion, but this was $100 million less than expected. Adjusted earnings-per-share of $2.28 compared favorably to $2.09 in the prior year and was $0.12 above estimates. Currency exchange reduced revenue and earnings-per-share by ~1%.

Organic sales were up 1.9% for the second quarter and 2.3% year-to-date. Beverage volume was once again flat while snack and convenience foods volume fell 2%. PepsiCo Beverages North America’s revenue grew 1% organically as higher prices more than offset a 3% decline in volume.

Click here to download our most recent Sure Analysis report on PEP (preview of page 1 of 3 shown below):

Consumer Staples Stock #4: Target Corp. (TGT)

Target was founded in 1902 and now operates about 1,850 big box stores, which offer general merchandise and food, as well as serving as distribution points for the company’s e-commerce business.

Target posted second quarter earnings on August 21st, 2024, and results were quite strong, sending the stock jumping after the report. Adjusted earnings-per-share came to $2.57, which was 39 cents ahead of estimates. Revenue was up 2.7% year-over-year to $25.45 billion, which beat by $240 million.

Comparable sales were up 2% year-over-year, making up most of the total sales gain. Consensus was for a gain of 1.1%. Traffic was up 3% year-over-year with all six core merchandising categories seeing positive growth. Digital comparable sales were up 8.7%, once again driving growth.

Target has grown its dividend for more than five decades, making it a Dividend King. The company is investing heavily in its business in order to navigate through the changing landscape in the retail sector. The payout is now 47% of earnings for this year,

Click here to download our most recent Sure Analysis report on TGT (preview of page 1 of 3 shown below):

Consumer Staples Stock #3: Sysco Corp. (SYY)

Sysco Corporation is the largest wholesale food distributor in the United States. The company serves 600,000 locations with food delivery, including restaurants, hospitals, schools, hotels, and other facilities.

Source: Investor Presentation

On July 30th, 2024, Sysco reported fourth-quarter results for Fiscal Year (FY) 2024. For the fourth quarter, the company saw a 4.2% increase in sales and a 3.5% rise in U.S. Foodservice volume.

Gross profit grew by 4.2% to $3.8 billion, and operating income increased by 1.2% to $977 million, with adjusted operating income climbing 6.4% to $1.1 billion.

However, EBITDA decreased by 7.7% to $1.2 billion, while adjusted EBITDA went up by 5.4% to $1.3 billion. Earnings per share (EPS) fell by 14.6% to $1.23, whereas adjusted EPS rose by 3.7% to $1.39.

Click here to download our most recent Sure Analysis report on SYY (preview of page 1 of 3 shown below):

Consumer Staples Stock #2: Albertsons Companies Inc. (ACI)

Albertsons is one of the largest food and drug retailers in the United States. With $70 billion in annualized sales and a history dating back to the 1860s, Albertsons went public in 2020 and has paid a quarterly dividend ever since.

The company reported its Q1 2024 results on July 23rd, 2024, and announced a quarterly dividend of $0.12 per share. With Q1 earnings of $0.41 per share, the company’s forward annualized dividend of $0.48 is well covered by their ongoing business.

The first quarter delivered solid operational results. But as the management team looks forward towards the full year, they expect to see continuing headwinds related to investments in associate wages and benefits, an increasing mix of the pharmacy and digital businesses which carry lower margins, and the cycling of prior year inflation in food prices. They expect these headwinds to be partially offset by ongoing productivity initiatives.

Net sales revenue was $24.3 billion during the 16 weeks ended June 15th, compared to the $24.1 billion reported in the prior year. During the quarter the company spent $543 million in CAPEX, primarily related to remodels, store openings and digital and technology platforms.

Click here to download our most recent Sure Analysis report on ACI (preview of page 1 of 3 shown below):

Consumer Staples Stock #1: Walgreens Boots Alliance (WBA)

Walgreens Boots Alliance is the largest retail pharmacy in both the United States and Europe. Through its flagship Walgreens business and other business ventures, the $13 billion market cap company has a presence in 9 countries, employs more than 330,000 people and has about 12,500 stores in the U.S., Europe, and Latin America.

On June 27th, 2024, Walgreens reported results for the third quarter of fiscal 2024. Sales grew 3% but earnings-per share decreased 36% over last year’s quarter, from $0.99 to $0.63, due to intense competition, which has eroded profit margin.

Source: Investor Presentation

Earnings-per-share missed the analysts’ consensus by $0.08. Walgreens has exceeded the analysts’ estimates in 13 of the last 16 quarters.

However, as the pandemic has subsided and competition has heated in the retail pharmaceutical industry, Walgreens is facing tough comparisons. It lowered its guidance for earnings-per-share in 2024 from $3.20-$3.35 to $2.80-$2.95. Accordingly, we have lowered our forecast from $3.28 to $2.87.

Click here to download our most recent Sure Analysis report on WBA (preview of page 1 of 3 shown below):

Final Thoughts

The consumer staples sector is an intriguing place to looks for high-quality dividend investment ideas.

If you’re willing to look outside of this sector while hunting for investment opportunities, the following stock databases are highly useful:

Investing is a unique craft because we have the ability to ‘cheat’ off the moves of the world’s greatest investors.

Large, institutional investment managers with more than $100 million in assets under management are required to disclose their portfolio holdings on a quarterly basis through a regulatory filing called a 13F.

With this in mind, there is no better investor than Berkshire Hathaway’s Warren Buffett. We provide a detailed quarterly analysis on Warren Buffett’s stock portfolio, which you can access below:

If you’re looking for other sector-specific dividend stocks, the following Sure Dividend databases will be useful:

Thanks for reading this article. Please send any feedback, corrections, or questions to support@suredividend.com.



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