YOLFTbeta
Freshpet Inc

Freshpet Inc

FRPT · NASDAQ · Consumer Defensive / Packaged Foods

67.51USD+2.88 (+4.46%)

Price History

Full chart

Market Stats

Previous Close64.63
Open65.35
Day Range65.00 – 68.18
52-Week Range46.45 – 86.00
Volume1.08M
Market Cap2.80B
P/E (TTM)15.34
Forward P/E29.50
EPS3.80
Dividend Yield0.00%
Beta1.66
50-Day Avg65.84
200-Day Avg63.78

About

Freshpet, Inc., together with its subsidiaries, manufactures, distributes, and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe. It offers dog food, cat food, and dog treats under the Freshpet brand name; and fresh treats under the Dognation and Dog Joy brand names. The company sells its products through a network of company-owned branded refrigerators, the Freshpet Fridges, as well as through various classes of retail, including grocery, mass, club, pet specialty, and international, as well as digital. The company was incorporated in 2004 and is headquartered in Bedminster, New Jersey.

Company Details

  • SectorConsumer Defensive
  • IndustryPackaged Foods
  • CEOMr. William B. Cyr
  • Employees1.29K
  • Headquarters1450 US-206, Bedminster, NJ, United States, 07921, USA
  • Websitehttps://www.freshpet.com

Leadership

  • Mr. William B. CyrCEO & Executive Director · b. 1963
  • Mr. Scott James MorrisCo-Founder & President · b. 1969
  • Ms. Nicola J BatyChief Operating Officer · b. 1980
  • Ms. Thembeka MachabaChief Administrative Officer & Chief Human Resources Officer · b. 1978
  • Mr. Ivan GarciaSenior Vice President of Finance · b. 1986
  • Mr. Cathal WalshCo-Founder, Senior VP & MD of Europe · b. 1972
  • Mr. John O'ConnorChief Financial Officer · b. 1981
  • Ms. Nishu PatelChief Accounting Officer · b. 1986
  • Mr. Christopher KrausChief Information Officer
  • Ms. Rachel Perkins-UlshVice President of Investor Relations & Corporate Communications

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue43.52M63.15M86.76M116.19M133.05M156.38M193.24M245.86M318.79M425.49M595.34M766.89M975.18M1.10B
Growth (%)-+45.11%+37.39%+33.91%+14.52%+17.53%+23.57%+27.23%+29.66%+33.47%+39.92%+28.82%+27.16%+13.01%
Cost of Revenue22.88M35.96M44.55M61.54M72.68M83.96M103.25M131.66M185.88M263.34M409.31M516.02M579.22M676.82M
Gross Profit20.64M27.19M42.22M54.65M60.37M72.42M89.99M114.20M132.91M162.15M186.03M250.87M395.96M425.20M
Gross Margin47.42%43.06%48.66%47.04%45.37%46.31%46.57%46.45%41.69%38.11%31.25%32.71%40.60%38.58%
Operating Expense35.39M39.57M48.64M58.30M62.59M75.17M94.88M114.45M134.91M186.81M238.02M281.32M357.96M330.24M
Operating Income-14.75M-12.38M-6.42M-3.65M-2.21M-2.75M-4.89M-253.00K-2.00M-24.66M-51.98M-30.45M38.00M94.96M
Operating Margin-33.89%-19.60%-7.40%-3.14%-1.66%-1.76%-2.53%-0.10%-0.63%-5.80%-8.73%-3.97%3.90%8.62%
EBITDA-10.50M-6.97M-321.67K4.37M7.31M9.42M9.08M15.67M19.21M5.82M-15.72M41.10M133.40M171.76M
EBITDA Margin-24.12%-11.04%-0.37%3.77%5.49%6.02%4.70%6.38%6.03%1.37%-2.64%5.36%13.68%15.59%
Net Income-18.66M-21.69M-37.34M-3.71M-3.16M-4.26M-5.36M-1.38M-3.19M-29.70M-59.49M-33.61M46.92M139.14M
Net Income Margin-42.87%-34.34%-43.04%-3.19%-2.38%-2.73%-2.77%-0.56%-1.00%-6.98%-9.99%-4.38%4.81%12.63%
R&D--00470.15K284.57K486.80K1.16M800.00K-----
R&D as % of Total Revenue--0.00%0.00%0.35%0.18%0.25%0.47%0.25%-----
Interest Expense3.53M8.74M30.55M454.57K698.12K910.49K296.23K991.00K1.21M2.88M5.21M14.10M12.26M14.12M
Interest Expense % of Total Revenue8.12%13.84%35.21%0.39%0.52%0.58%0.15%0.40%0.38%0.68%0.87%1.84%1.26%1.28%

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets44.09M62.62M112.46M113.10M126.45M133.90M139.96M236.13M434.39M784.41M1.13B1.46B1.57B1.78B
Total Liabilities58.28M92.48M9.07M9.15M18.67M17.00M18.49M104.86M40.22M64.66M93.81M510.97M519.52M569.12M
Total Equity-14.19M-29.87M103.39M103.95M107.78M116.90M121.47M131.26M394.17M719.75M1.03B953.45M1.06B1.21B
Cash1.63M2.44M36.26M8.03M3.91M2.18M7.55M9.47M67.25M72.79M132.74M296.87M268.63M277.98M
Total Debt44.06M76.11M--7.00M--64.06M8.40M7.09M5.71M425.06M424.09M560.01M
Net Debt42.42M73.67M-36.26M-8.03M3.09M-2.18M-7.55M54.59M-58.85M-65.69M-127.03M128.18M155.46M282.03M

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-8.72M-11.24M-8.03M6.74M12.80M10.27M18.58M16.32M21.19M647.00K-43.23M75.94M154.29M160.56M
Investing Cash Flow-26.31M-24.64M-16.88M-35.26M-26.69M-13.00M-16.27M-70.63M-162.46M-322.10M-233.36M-239.09M-187.09M-148.18M
Financing Cash Flow33.76M36.70M58.72M291.75K9.77M1.01M3.07M56.23M199.04M326.99M336.54M327.29M4.57M-3.04M
Capital Expenditure26.40M24.64M17.13M32.04M29.95M13.00M16.27M70.63M134.57M322.10M230.07M239.09M187.09M148.18M
Free Cash Flow-35.11M-35.88M-25.16M-25.30M-17.15M-2.73M2.30M-54.32M-113.38M-321.45M-273.30M-163.15M-32.80M12.38M
Dividends Paid--18.05M000-1.29M2.57M-1.44M780.77M--
FCF to OCF402.84%319.22%313.44%-375.47%-134.01%-26.62%12.39%-332.88%-534.96%-49683.46%632.24%-214.84%-21.26%7.71%
Dividend Paid to FCF---71.75%0.00%0.00%0.00%--2.38%-2.27%--0.53%-478.55%--

Earnings

Report DateDec 9, 2014Mar 31, 2015May 7, 2015Aug 11, 2015Nov 11, 2015Mar 9, 2016May 4, 2016Aug 4, 2016Nov 1, 2016Mar 9, 2017May 4, 2017Aug 7, 2017Nov 6, 2017Mar 5, 2018May 7, 2018Aug 6, 2018Nov 5, 2018Feb 26, 2019May 6, 2019Aug 5, 2019Nov 4, 2019Feb 25, 2020May 4, 2020Aug 3, 2020Nov 2, 2020Feb 22, 2021May 3, 2021Aug 2, 2021Nov 8, 2021Feb 28, 2022May 2, 2022Aug 8, 2022Nov 1, 2022Feb 27, 2023May 8, 2023Aug 7, 2023Nov 6, 2023Feb 26, 2024May 6, 2024Aug 5, 2024Nov 4, 2024Feb 24, 2025May 5, 2025Aug 4, 2025Nov 3, 2025Feb 23, 2026May 6, 2026Aug 5, 2026Nov 2, 2026
EPS Estimate-0.15-0.02-0.03-0.04-0.03-0.02-0.05-0.04-0.020.04-0.09-0.06-0.010.05-0.08-0.080.040.09-0.09-0.070.100.17-0.11-0.060.110.090.020.010.13-0.10-0.39-0.13-0.20-0.09-0.43-0.42-0.160.12-0.23-0.060.110.690.090.160.400.410.090.200.40
EPS Actual-0.14-0.08-0.05-0.03-0.050.08-0.05-0.050.030.04-0.07-0.08-0.010.05-0.08-0.070.030.05-0.06-0.120.120.12-0.100.070.20-0.08-0.01-0.100.01-0.13-0.40-0.26-0.31-0.06-0.46-0.27-0.020.390.37-0.030.240.360.090.341.830.620.170.33-
Surprise6.67%-300.00%-66.67%25.00%-66.67%500.00%0.00%-25.00%250.00%0.00%22.22%-33.33%0.00%0.00%0.00%12.50%-25.00%-44.44%33.33%-71.43%20.00%-29.41%9.09%216.67%81.82%-188.89%-150.00%-1100.00%-92.31%-30.00%-2.56%-100.00%-55.00%33.33%-6.98%35.71%87.50%225.00%260.87%50.00%118.18%-47.60%0.00%112.50%357.50%48.88%88.89%65.00%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap2.80B
Enterprise Value3.10B
Trailing P/E15.34
Forward P/E29.50
PEG Ratio2.47
Price / Sales2.38
Price / Book2.39
EPS3.80
Book Value25.45
Revenue (TTM)1.18B
Gross Profit (TTM)487.02M
EBITDA193.72M
Profit Margin17.28%
Operating Margin7.11%
Return on Equity17.62%
Return on Assets3.49%
Shares Outstanding48.06M
Shares Float46.92M
Beta1.66
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 19 analystsTarget 84.25
  • Strong Buy
    12
  • Buy
    2
  • Hold
    5

Ownership Breakdown

Institutions
133.93%
Insiders
2.07%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    5.87M12.22%
  • Capital World Investors
    3.04M6.33%
  • Vanguard Portfolio Management, LLC
    2.83M5.89%
  • Wellington Management Company LLP
    2.83M5.89%
  • Wasatch Advisors LP
    2.82M5.87%
  • Vanguard Capital Management, LLC
    2.19M4.56%
  • Bank of Montreal
    1.98M4.13%
  • BMO Capital Markets Corp.
    1.87M3.89%
  • William Blair Investment Management, LLC
    1.81M3.77%
  • Ilex Capital Partners (Uk) LLP
    1.59M3.30%
  • AllianceBernstein L.P.
    1.55M3.23%
  • State Street Corp
    1.55M3.22%
  • Alberta Investment Management Corp
    1.44M3.00%
  • Dimensional Fund Advisors, Inc.
    1.43M2.98%
  • Balyasny Asset Management LLC
    1.40M2.91%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    3.00M6.23%
  • American Funds SMALLCAP World A
    2.96M6.17%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.57M3.26%
  • Vanguard Small Cap Index
    1.13M2.35%
  • Vanguard Explorer Inv
    1.12M2.33%