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Freshpet (FRPT) Financials

Freshpet logo
$83.02 -1.48 (-1.75%)
Closing price 05/27/2025 04:00 PM Eastern
Extended Trading
$81.17 -1.85 (-2.23%)
As of 07:33 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Freshpet

Annual Income Statements for Freshpet

This table shows Freshpet's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
47 -36 -58 -30 -3.19 -1.43 -11 -4.19 -3.16 -3.71
Consolidated Net Income / (Loss)
47 -34 -59 -30 -3.19 -1.38 -5.36 -4.26 -3.16 -3.71
Net Income / (Loss) Continuing Operations
47 -34 -59 -30 -3.19 -1.38 -5.36 -4.26 -3.16 -3.71
Total Pre-Tax Income
48 -32 -55 -28 -3.12 -1.24 -5.28 -4.19 -3.09 -3.65
Total Operating Income
38 -30 -52 -25 -2.00 -0.25 -4.89 -2.75 -2.21 -3.65
Total Gross Profit
396 251 186 162 133 114 90 72 60 55
Total Revenue
975 767 595 425 319 246 193 152 130 116
Operating Revenue
975 767 595 425 319 246 193 152 130 116
Total Cost of Revenue
579 516 409 263 186 132 103 80 69 62
Operating Cost of Revenue
579 516 409 263 186 132 103 80 69 62
Total Operating Expenses
358 281 238 187 135 114 95 75 63 58
Selling, General & Admin Expense
358 281 238 187 135 114 95 75 63 58
Total Other Income / (Expense), net
9.52 -1.07 -3.50 -2.87 -1.13 -0.99 -0.40 -1.44 -0.88 -0.01
Interest Expense
12 14 5.21 2.88 1.21 0.99 0.30 0.91 0.70 0.45
Interest & Investment Income
9.92 - - - - - - - - -
Other Income / (Expense), net
12 13 1.71 0.01 0.09 0.01 -0.10 -0.53 -0.18 0.45
Income Tax Expense
0.60 0.21 0.28 0.16 0.07 0.14 0.08 0.08 0.07 0.06
Basic Earnings per Share
$0.97 ($0.70) ($1.29) ($0.69) ($0.08) ($0.04) ($0.15) ($0.12) ($0.09) ($0.11)
Weighted Average Basic Shares Outstanding
48.49M 48.16M 46.19M 42.93M 39.76M 35.95M 35.33M 34.49M 33.67M 33.50M
Diluted Earnings per Share
$0.93 ($0.70) ($1.29) ($0.69) ($0.08) ($0.04) ($0.15) ($0.12) ($0.09) ($0.11)
Weighted Average Diluted Shares Outstanding
50.26M 48.16M 46.19M 42.93M 39.76M 35.95M 35.33M 34.49M 33.67M 33.50M
Weighted Average Basic & Diluted Shares Outstanding
48.72M 48.29M 48.05M 43.45M 40.72M 36.17M 36.50M 34.90M 35.10M 33.70M

Quarterly Income Statements for Freshpet

This table shows Freshpet's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
-13 18 12 -1.69 19 14 -7.46 -17 -25 -2.59 -19
Consolidated Net Income / (Loss)
-13 18 12 -1.69 19 15 -7.17 -17 -25 -2.92 -18
Net Income / (Loss) Continuing Operations
-13 18 12 -1.69 19 15 -7.17 -17 -25 -2.92 -18
Total Pre-Tax Income
-13 19 12 -1.64 19 15 -7.10 -16 -24 -2.00 -17
Total Operating Income
-11 19 12 -1.75 8.46 15 -7.08 -17 -22 -2.07 -16
Total Gross Profit
104 112 102 94 88 75 66 59 51 46 45
Total Revenue
263 263 253 235 224 215 201 183 168 166 151
Operating Revenue
263 263 253 235 224 215 201 183 168 166 151
Total Cost of Revenue
159 151 151 141 136 141 134 124 117 120 107
Operating Cost of Revenue
159 151 151 141 136 141 134 124 117 120 107
Total Operating Expenses
115 92 90 96 80 60 73 76 72 48 60
Selling, General & Admin Expense
115 92 90 96 80 60 73 76 72 48 60
Total Other Income / (Expense), net
-1.07 -0.82 0.04 0.11 10 0.40 -0.02 0.78 -2.23 0.07 -1.56
Interest Expense
3.46 3.53 2.92 2.75 3.06 3.45 4.15 3.33 3.17 1.15 1.82
Interest & Investment Income
0.00 - 0.00 - - - 0.00 - - - -
Other Income / (Expense), net
2.39 -7.21 2.96 2.86 13 3.85 4.13 4.11 0.95 1.22 0.26
Income Tax Expense
0.13 0.44 0.05 0.05 0.05 - 0.07 0.07 0.07 0.16 0.04
Basic Earnings per Share
($0.26) $0.37 $0.25 ($0.03) $0.38 $0.32 ($0.15) ($0.35) ($0.52) ($0.05) ($0.39)
Weighted Average Basic Shares Outstanding
48.73M 48.49M 48.51M 48.46M 48.32M 48.16M 48.19M 48.13M 48.05M 46.19M 47.86M
Diluted Earnings per Share
($0.26) $0.35 $0.24 ($0.03) $0.37 $0.32 ($0.15) ($0.35) ($0.52) ($0.05) ($0.39)
Weighted Average Diluted Shares Outstanding
48.73M 50.26M 50.28M 48.46M 50.05M 48.16M 48.19M 48.13M 48.05M 46.19M 47.86M
Weighted Average Basic & Diluted Shares Outstanding
48.78M 48.72M 48.54M 48.48M 48.43M 48.29M 48.24M 48.20M 48.12M 48.05M 48.02M

Annual Cash Flow Statements for Freshpet

This table details how cash moves in and out of Freshpet's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
-28 164 60 5.54 58 1.92 5.37 -2.06 -4.12 -28
Net Cash From Operating Activities
154 76 -43 0.65 21 16 19 10 13 6.74
Net Cash From Continuing Operating Activities
154 76 -43 0.65 21 16 19 9.94 13 6.74
Net Income / (Loss) Continuing Operations
47 -34 -59 -30 -3.19 -1.38 -5.36 -4.26 -3.16 -3.71
Consolidated Net Income / (Loss)
47 -34 -59 -30 -3.19 -1.38 -5.36 -4.26 -3.16 -3.71
Depreciation Expense
74 59 35 30 21 16 14 13 9.89 7.57
Amortization Expense
2.09 4.06 0.80 1.21 0.83 0.21 0.12 0.43 0.15 0.14
Non-Cash Adjustments To Reconcile Net Income
44 31 34 28 13 8.92 7.03 5.16 3.49 3.42
Changes in Operating Assets and Liabilities, net
-12 16 -53 -29 -11 -7.35 2.72 -4.08 2.43 -0.69
Net Cash From Investing Activities
-187 -239 -233 -322 -162 -71 -16 -13 -27 -35
Net Cash From Continuing Investing Activities
-187 -239 -233 -322 -162 -71 -16 -13 -27 -35
Purchase of Property, Plant & Equipment
-187 -239 -230 -322 -135 -71 -16 -13 -30 -32
Acquisitions
0.00 0.00 -3.29 0.00 -28 0.00 0.00 - - -
Purchase of Investments
0.00 -113 -20 0.00 -20 0.00 0.00 - - -7.50
Sale and/or Maturity of Investments
0.00 113 20 0.00 20 0.00 0.00 - 3.25 4.25
Net Cash From Financing Activities
4.57 327 337 327 199 56 3.07 1.01 9.77 0.29
Net Cash From Continuing Financing Activities
4.57 327 337 327 199 56 3.07 1.01 9.77 0.29
Repayment of Debt
0.00 -2.03 -78 -3.26 -77 -19 -6.00 -15 -3.00 -
Issuance of Debt
0.00 394 78 0.00 21 72 6.00 7.50 10 -
Issuance of Common Equity
0.00 0.00 338 332 252 0.00 0.00 - - -
Other Financing Activities, net
4.57 -64 -0.97 -1.92 2.87 3.17 3.07 8.28 2.77 0.29
Cash Interest Paid
10 9.30 3.15 1.73 1.06 0.52 0.18 0.52 0.45 0.33
Cash Income Taxes Paid
0.19 0.31 0.30 0.18 0.09 0.01 0.07 0.06 0.08 0.06

Quarterly Cash Flow Statements for Freshpet

This table details how cash moves in and out of Freshpet's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-25 -5.96 23 -6.20 -39 -41 94 -93 204 -108 -67
Net Cash From Operating Activities
4.81 50 56 42 5.41 37 39 14 -14 10 8.72
Net Cash From Continuing Operating Activities
4.81 50 56 42 5.41 37 39 14 -14 10 8.72
Net Income / (Loss) Continuing Operations
-13 18 12 -1.69 19 15 -7.17 -17 -25 -2.92 -18
Consolidated Net Income / (Loss)
-13 18 12 -1.69 19 15 -7.17 -17 -25 -2.92 -18
Depreciation Expense
22 21 19 17 16 13 17 14 14 10 8.53
Amortization Expense
0.54 0.53 0.52 0.52 0.51 0.51 1.51 -0.44 2.48 0.20 0.20
Non-Cash Adjustments To Reconcile Net Income
21 14 13 20 -2.86 3.59 8.30 9.37 9.63 6.64 8.86
Changes in Operating Assets and Liabilities, net
-26 -3.92 12 6.54 -27 4.50 20 7.10 -16 -3.60 9.58
Net Cash From Investing Activities
-26 -58 -34 -48 -46 -77 54 -109 -107 -43 -73
Net Cash From Continuing Investing Activities
-26 -58 -34 -48 -46 -77 54 -109 -107 -43 -73
Purchase of Property, Plant & Equipment
-26 -58 -34 -48 -46 -77 -59 -44 -58 -63 -73
Net Cash From Financing Activities
-3.22 1.93 0.83 -0.29 2.09 -0.76 0.55 1.98 326 -75 -3.19
Net Cash From Continuing Financing Activities
-3.22 1.93 0.83 -0.29 2.09 -0.76 0.55 1.98 326 -75 -3.19
Other Financing Activities, net
-3.22 1.93 0.83 -0.29 2.09 -0.76 0.55 1.98 -66 -0.02 -0.07
Cash Interest Paid
5.95 -3.61 6.60 0.57 6.59 0.61 7.47 0.00 1.22 - 1.89

Annual Balance Sheets for Freshpet

This table presents Freshpet's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
1,575 1,464 1,125 784 434 236 140 134 126 113
Total Current Assets
437 427 262 150 109 54 31 27 19 25
Cash & Equivalents
269 297 133 73 67 9.47 7.55 2.18 3.91 8.03
Accounts Receivable
68 57 58 35 18 19 12 13 8.89 7.03
Inventories, net
81 63 58 36 19 13 9.32 10 5.40 6.85
Prepaid Expenses
16 7.62 9.78 5.83 3.38 3.28 1.08 1.20 0.74 0.23
Other Current Assets
3.13 2.84 3.59 1.35 0.91 10 0.68 0.73 0.30 -
Plant, Property, & Equipment, net
0.00 0.00 801 584 281 165 102 101 101 83
Total Noncurrent Assets
1,138 1,037 63 50 44 17 6.91 6.34 5.71 4.91
Long-Term Investments
33 24 25 26 28 0.00 - - - -
Other Noncurrent Operating Assets
1,104 1,014 37 24 16 17 6.91 6.34 5.71 4.91
Total Liabilities & Shareholders' Equity
1,575 1,464 1,125 784 434 236 140 134 126 113
Total Liabilities
520 511 94 65 40 105 18 17 19 9.15
Total Current Liabilities
99 89 90 59 33 42 18 17 19 9.15
Accounts Payable
39 36 55 43 16 19 9.17 9.17 6.88 6.67
Accrued Expenses
56 50 33 15 15 22 9.05 7.52 4.78 2.48
Other Current Liabilities
3.44 3.31 1.51 1.38 1.30 1.19 - - - -
Total Noncurrent Liabilities
421 422 4.20 5.71 7.10 63 0.27 0.30 0.00 0.00
Long-Term Debt
395 393 0.00 - - 54 - - - -
Capital Lease Obligations
23 26 0.00 - - - - - - -
Other Noncurrent Operating Liabilities
2.21 2.59 4.20 5.71 7.10 8.41 0.27 0.30 - -
Commitments & Contingencies
0.00 0.00 0.00 - - - - - - -
Total Equity & Noncontrolling Interests
1,055 953 1,032 720 394 131 121 117 108 104
Total Preferred & Common Equity
1,055 953 1,032 720 394 131 121 117 108 104
Total Common Equity
1,055 953 1,032 720 394 131 121 117 108 104
Common Stock
1,338 1,283 1,326 956 600 334 323 313 300 293
Retained Earnings
-282 -329 -295 -236 -206 -203 -201 -196 -192 -189
Accumulated Other Comprehensive Income / (Loss)
-0.79 -0.59 1.37 -0.12 -0.08 -0.08 -0.03 0.08 - -
Other Equity Adjustments
-0.26 -0.26 -0.26 - - - -0.26 - - -

Quarterly Balance Sheets for Freshpet

This table presents Freshpet's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
1,559 1,532 1,506 1,481 1,444 1,410 1,400 1,165
Total Current Assets
405 421 405 407 462 487 513 383
Cash & Equivalents
244 275 252 258 338 244 337 240
Accounts Receivable
63 65 68 69 54 52 50 48
Inventories, net
82 73 73 72 59 65 66 64
Prepaid Expenses
14 5.77 8.57 5.76 8.81 8.18 7.75 8.40
Other Current Assets
3.07 3.13 3.55 2.94 1.99 3.32 3.09 2.31
Plant, Property, & Equipment, net
1,082 0.00 0.00 1,006 925 865 826 719
Total Noncurrent Assets
71 1,110 1,101 68 57 58 61 63
Long-Term Investments
33 33 33 33 24 24 24 26
Other Noncurrent Operating Assets
38 1,077 1,068 34 34 34 36 36
Total Liabilities & Shareholders' Equity
1,559 1,532 1,506 1,481 1,444 1,410 1,400 1,165
Total Liabilities
510 510 511 503 506 473 451 136
Total Current Liabilities
83 89 90 82 84 77 56 131
Accounts Payable
43 35 34 47 41 32 26 37
Accrued Expenses
36 50 53 32 39 43 28 20
Other Current Liabilities
3.52 3.37 3.07 3.16 3.49 1.58 1.54 1.48
Total Noncurrent Liabilities
427 421 421 421 422 395 395 4.59
Long-Term Debt
396 395 394 394 393 392 392 -
Other Noncurrent Operating Liabilities
31 2.56 2.06 2.33 2.85 3.10 3.80 -
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 - -
Total Equity & Noncontrolling Interests
1,049 1,021 996 978 939 938 949 1,030
Total Preferred & Common Equity
1,049 1,021 996 978 939 938 949 1,030
Total Common Equity
1,049 1,021 996 978 939 938 949 1,030
Common Stock
1,345 1,322 1,309 1,289 1,284 1,276 1,268 1,321
Retained Earnings
-295 -300 -312 -310 -344 -337 -320 -292
Accumulated Other Comprehensive Income / (Loss)
-0.58 -0.18 -0.79 -0.71 -0.96 -0.66 1.38 1.05
Other Equity Adjustments
-0.26 -0.26 -0.26 -0.26 -0.26 -0.26 -0.26 -

Annual Metrics And Ratios for Freshpet

This table displays calculated financial ratios and metrics derived from Freshpet's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
27.16% 28.82% 39.92% 33.47% 29.66% 27.23% 26.83% 17.46% 11.64% 33.91%
EBITDA Growth
178.06% 402.62% -312.28% -64.93% 26.21% 72.76% -6.58% 28.81% 69.05% 117.83%
EBIT Growth
386.31% 65.36% -103.95% -1,189.90% -670.56% 95.03% -52.23% -36.71% 25.07% 90.21%
NOPAT Growth
276.05% 41.43% -110.77% -1,134.38% -689.72% 94.82% -77.59% -24.21% 39.28% 40.01%
Net Income Growth
239.60% 43.50% -100.32% -831.59% -130.51% 74.20% -25.78% -34.86% 14.83% 90.06%
EPS Growth
232.86% 45.74% -86.96% -762.50% -100.00% 73.33% -25.00% -33.33% 18.18% 98.86%
Operating Cash Flow Growth
103.17% 275.68% -6,781.14% -96.95% 29.88% -12.16% 80.86% -19.76% 89.94% 183.96%
Free Cash Flow Firm Growth
59.03% 30.69% 14.93% -173.30% -98.62% -2,284.68% 54.57% 70.79% 29.68% -1.82%
Invested Capital Growth
11.36% 20.47% 40.62% 107.71% 69.65% 54.72% -0.70% 3.47% 19.64% 38.04%
Revenue Q/Q Growth
5.10% 6.91% 9.16% 7.95% 6.26% 6.09% 6.51% 6.36% 0.40% 5.15%
EBITDA Q/Q Growth
1.40% 102.42% 37.43% -27.04% -23.50% 31.78% 6.66% 5.18% -7.50% 126.85%
EBIT Q/Q Growth
-11.64% 52.93% 11.87% -22.54% -130.83% 92.83% 3.94% 4.24% -174.34% 87.15%
NOPAT Q/Q Growth
12.36% 35.78% 9.68% -22.54% -124.14% 92.19% 5.28% 2.35% -146.86% 35.19%
Net Income Q/Q Growth
6.42% 35.13% 9.64% -25.15% -167.23% 67.52% 4.33% 6.20% -95.85% 83.82%
EPS Q/Q Growth
3.33% 34.58% 11.03% -25.45% -161.54% 69.23% -7.14% 14.29% -125.00% 98.50%
Operating Cash Flow Q/Q Growth
9.51% 53.66% 13.02% -86.51% -18.15% 20.60% 35.86% -3.20% 40.83% 1,476.58%
Free Cash Flow Firm Q/Q Growth
19.92% 3.91% 13.92% -26.87% -17.05% -33.04% 43.46% 9.41% 27.89% 0.00%
Invested Capital Q/Q Growth
3.52% 5.64% 6.38% 18.09% 9.71% 9.70% -1.75% -0.18% 0.31% 10.63%
Profitability Metrics
- - - - - - - - - -
Gross Margin
40.60% 32.71% 31.25% 38.11% 41.69% 46.45% 46.57% 47.53% 46.54% 47.04%
EBITDA Margin
12.88% 5.89% -2.51% 1.65% 6.29% 6.46% 4.76% 6.46% 5.89% 3.89%
Operating Margin
3.90% -3.97% -8.73% -5.80% -0.63% -0.10% -2.53% -1.81% -1.71% -3.14%
EBIT Margin
5.11% -2.27% -8.44% -5.79% -0.60% -0.10% -2.58% -2.15% -1.85% -2.75%
Profit (Net Income) Margin
4.81% -4.38% -9.99% -6.98% -1.00% -0.56% -2.77% -2.80% -2.44% -3.19%
Tax Burden Percent
98.74% 106.66% 107.23% 107.87% 102.08% 111.62% 101.46% 101.80% 102.12% 101.57%
Interest Burden Percent
95.30% 180.94% 110.36% 111.69% 163.42% 499.60% 105.93% 127.79% 129.13% 114.21%
Effective Tax Rate
1.26% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
3.37% -2.21% -4.87% -3.75% -0.59% -0.12% -2.99% -1.71% -1.52% -3.20%
ROIC Less NNEP Spread (ROIC-NNEP)
12.12% 39.21% 13.13% 9.08% 6.55% -6.56% 36.87% -516.59% 37.81% 1.67%
Return on Net Nonoperating Assets (RNNOA)
1.30% -1.17% -1.92% -1.58% -0.62% -0.97% -1.51% -2.09% -1.46% -0.38%
Return on Equity (ROE)
4.67% -3.39% -6.79% -5.33% -1.21% -1.09% -4.50% -3.79% -2.99% -3.58%
Cash Return on Invested Capital (CROIC)
-7.37% -20.78% -38.63% -73.76% -52.25% -43.09% -2.29% -5.12% -19.41% -35.16%
Operating Return on Assets (OROA)
3.28% -1.35% -5.26% -4.05% -0.57% -0.13% -3.64% -2.52% -2.00% -2.84%
Return on Assets (ROA)
3.09% -2.60% -6.23% -4.87% -0.95% -0.74% -3.92% -3.27% -2.64% -3.29%
Return on Common Equity (ROCE)
4.67% -3.39% -6.79% -5.33% -1.21% -1.09% -4.50% -3.79% -2.99% -3.58%
Return on Equity Simple (ROE_SIMPLE)
4.45% -3.53% -5.77% -4.13% -0.81% -1.05% -4.41% -3.65% -2.93% -3.57%
Net Operating Profit after Tax (NOPAT)
38 -21 -36 -17 -1.40 -0.18 -3.42 -1.93 -1.55 -2.55
NOPAT Margin
3.85% -2.78% -6.11% -4.06% -0.44% -0.07% -1.77% -1.26% -1.20% -2.20%
Net Nonoperating Expense Percent (NNEP)
-8.74% -41.42% -18.00% -12.83% -7.14% 6.44% -39.86% 514.89% -39.33% -4.87%
Return On Investment Capital (ROIC_SIMPLE)
2.55% -1.55% -3.53% - - - - - - -
Cost of Revenue to Revenue
59.40% 67.29% 68.75% 61.89% 58.31% 53.55% 53.43% 52.47% 53.46% 52.96%
SG&A Expenses to Revenue
36.71% 36.68% 39.98% 43.90% 42.32% 46.55% 49.10% 49.34% 48.25% 50.18%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
36.71% 36.68% 39.98% 43.90% 42.32% 46.55% 49.10% 49.34% 48.25% 50.18%
Earnings before Interest and Taxes (EBIT)
50 -17 -50 -25 -1.91 -0.25 -4.99 -3.28 -2.40 -3.20
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
126 45 -15 7.03 20 16 9.20 9.84 7.64 4.52
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
6.81 4.39 2.46 5.74 14.64 16.25 9.41 5.65 3.19 2.74
Price to Tangible Book Value (P/TBV)
6.81 4.39 2.46 5.74 14.64 16.25 9.41 5.65 3.19 2.74
Price to Revenue (P/Rev)
7.37 5.46 4.26 9.72 18.10 8.67 5.91 4.34 2.65 2.45
Price to Earnings (P/E)
153.20 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.65% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
6.23 4.07 2.72 6.50 18.98 12.35 9.97 5.74 3.13 2.95
Enterprise Value to Revenue (EV/Rev)
7.49 5.59 3.99 9.48 17.80 8.86 5.88 4.32 2.67 2.35
Enterprise Value to EBITDA (EV/EBITDA)
58.18 94.87 0.00 573.99 283.09 137.08 123.47 66.90 45.36 60.46
Enterprise Value to EBIT (EV/EBIT)
146.49 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
194.70 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
47.35 56.42 0.00 6,236.73 267.79 133.45 61.12 64.11 27.08 40.55
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.40 0.44 0.00 0.00 0.00 0.41 0.00 0.00 0.06 0.00
Long-Term Debt to Equity
0.40 0.44 0.00 0.00 0.00 0.41 0.00 0.00 0.00 0.00
Financial Leverage
0.11 -0.03 -0.15 -0.17 -0.10 0.15 -0.04 0.00 -0.04 -0.23
Leverage Ratio
1.51 1.30 1.09 1.09 1.28 1.49 1.15 1.16 1.13 1.09
Compound Leverage Factor
1.44 2.36 1.20 1.22 2.09 7.43 1.22 1.48 1.46 1.24
Debt to Total Capital
28.39% 30.54% 0.00% 0.00% 0.00% 29.33% 0.00% 0.00% 6.10% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.10% 0.00%
Long-Term Debt to Total Capital
28.39% 30.54% 0.00% 0.00% 0.00% 29.33% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
71.61% 69.46% 100.00% 100.00% 100.00% 70.67% 100.00% 100.00% 93.90% 100.00%
Debt to EBITDA
3.33 9.28 0.00 0.00 0.00 3.43 0.00 0.00 0.92 0.00
Net Debt to EBITDA
0.93 2.19 0.00 0.00 0.00 2.83 0.00 0.00 0.40 0.00
Long-Term Debt to EBITDA
3.33 9.28 0.00 0.00 0.00 3.43 0.00 0.00 0.00 0.00
Debt to NOPAT
11.15 -19.67 0.00 0.00 0.00 -307.54 0.00 0.00 -4.51 0.00
Net Debt to NOPAT
3.10 -4.63 0.00 0.00 0.00 -254.06 0.00 0.00 -1.99 0.00
Long-Term Debt to NOPAT
11.15 -19.67 0.00 0.00 0.00 -307.54 0.00 0.00 0.00 0.00
Altman Z-Score
9.03 5.36 16.40 38.52 86.35 12.10 36.44 22.42 9.89 17.43
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
4.42 4.79 2.92 2.55 3.29 1.29 1.70 1.62 1.03 2.78
Quick Ratio
3.41 3.96 2.12 1.82 2.59 0.67 1.09 0.89 0.69 2.00
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-82 -200 -289 -339 -124 -63 -2.62 -5.77 -20 -28
Operating Cash Flow to CapEx
82.47% 31.76% -18.79% 0.20% 15.75% 23.10% 114.14% 78.98% 42.75% 21.05%
Free Cash Flow to Firm to Interest Expense
-6.69 -14.19 -55.43 -117.75 -102.45 -63.08 -8.86 -6.34 -28.30 -61.80
Operating Cash Flow to Interest Expense
12.58 5.39 -8.30 0.22 17.49 16.47 62.75 11.28 18.33 14.82
Operating Cash Flow Less CapEx to Interest Expense
-2.68 -11.57 -52.48 -111.54 -93.54 -54.81 7.77 -3.00 -24.55 -55.59
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.64 0.59 0.62 0.70 0.95 1.31 1.41 1.17 1.08 1.03
Accounts Receivable Turnover
15.58 13.42 12.89 15.99 17.22 15.91 15.43 14.10 16.30 18.75
Inventory Turnover
8.04 8.49 8.72 9.63 11.74 12.05 10.62 10.30 11.31 8.69
Fixed Asset Turnover
0.00 0.00 0.86 0.98 1.43 1.84 1.91 1.51 1.41 1.65
Accounts Payable Turnover
15.39 11.32 8.38 8.92 10.59 9.46 11.26 9.96 10.23 10.18
Days Sales Outstanding (DSO)
23.43 27.21 28.31 22.83 21.19 22.94 23.66 25.88 22.40 19.46
Days Inventory Outstanding (DIO)
45.38 42.98 41.85 37.90 31.09 30.30 34.35 35.43 32.26 42.02
Days Payable Outstanding (DPO)
23.71 32.25 43.56 40.93 34.48 38.58 32.42 36.66 35.67 35.86
Cash Conversion Cycle (CCC)
45.09 37.94 26.60 19.80 17.80 14.66 25.59 24.66 18.98 25.62
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
1,172 1,052 873 621 299 176 114 115 111 93
Invested Capital Turnover
0.88 0.80 0.80 0.92 1.34 1.69 1.69 1.35 1.27 1.45
Increase / (Decrease) in Invested Capital
120 179 252 322 123 62 -0.80 3.84 18 26
Enterprise Value (EV)
7,305 4,284 2,376 4,035 5,675 2,178 1,135 658 347 273
Market Capitalization
7,189 4,185 2,534 4,134 5,770 2,133 1,143 661 344 285
Book Value per Share
$21.74 $19.76 $21.48 $16.59 $9.70 $3.64 $3.42 $3.35 $3.18 $3.10
Tangible Book Value per Share
$21.74 $19.76 $21.48 $16.59 $9.70 $3.64 $3.42 $3.35 $3.18 $3.10
Total Capital
1,474 1,373 1,032 720 394 186 121 117 115 104
Total Debt
418 419 0.00 0.00 0.00 54 0.00 0.00 7.00 0.00
Total Long-Term Debt
418 419 0.00 0.00 0.00 54 0.00 0.00 0.00 0.00
Net Debt
116 99 -158 -99 -95 45 -7.55 -2.18 3.09 -11
Capital Expenditures (CapEx)
187 239 230 322 135 71 16 13 30 32
Debt-free, Cash-free Net Working Capital (DFCFNWC)
69 41 40 19 8.73 2.87 5.19 8.08 3.67 4.97
Debt-free Net Working Capital (DFNWC)
338 338 172 91 76 12 13 10 7.57 16
Net Working Capital (NWC)
338 338 172 91 76 12 13 10 0.57 16
Net Nonoperating Expense (NNE)
-9.40 12 23 12 1.79 1.21 1.94 2.34 1.61 1.16
Net Nonoperating Obligations (NNO)
116 99 -158 -99 -95 45 -7.55 -2.18 3.09 -11
Total Depreciation and Amortization (D&A)
76 63 35 32 22 16 14 13 10 7.72
Debt-free, Cash-free Net Working Capital to Revenue
7.13% 5.38% 6.65% 4.37% 2.74% 1.17% 2.68% 5.30% 2.83% 4.27%
Debt-free Net Working Capital to Revenue
34.67% 44.09% 28.95% 21.48% 23.83% 5.02% 6.59% 6.74% 5.84% 13.98%
Net Working Capital to Revenue
34.67% 44.09% 28.95% 21.48% 23.83% 5.02% 6.59% 6.74% 0.44% 13.98%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.97 ($0.70) ($1.29) ($0.69) ($0.08) ($0.04) ($0.15) ($0.12) ($0.09) ($0.11)
Adjusted Weighted Average Basic Shares Outstanding
48.49M 48.16M 46.19M 42.93M 39.76M 35.95M 35.33M 34.49M 33.67M 33.50M
Adjusted Diluted Earnings per Share
$0.93 ($0.70) ($1.29) ($0.69) ($0.08) ($0.04) ($0.15) ($0.12) ($0.09) ($0.11)
Adjusted Weighted Average Diluted Shares Outstanding
50.26M 48.16M 46.19M 42.93M 39.76M 35.95M 35.33M 34.49M 33.67M 33.50M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
48.72M 48.29M 48.05M 43.45M 40.72M 36.17M 35.64M 35.14M 33.98M 33.54M
Normalized Net Operating Profit after Tax (NOPAT)
38 -21 -36 -17 -1.40 -0.18 -3.42 -1.93 -1.55 -2.55
Normalized NOPAT Margin
3.85% -2.78% -6.11% -4.06% -0.44% -0.07% -1.77% -1.26% -1.20% -2.20%
Pre Tax Income Margin
4.87% -4.11% -9.32% -6.47% -0.98% -0.50% -2.73% -2.75% -2.39% -3.14%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
4.07 -1.24 -9.65 -8.55 -1.58 -0.25 -16.85 -3.60 -3.43 -7.04
NOPAT to Interest Expense
3.06 -1.51 -6.99 -5.99 -1.15 -0.18 -11.55 -2.12 -2.22 -5.62
EBIT Less CapEx to Interest Expense
-11.19 -18.20 -53.83 -120.32 -112.61 -71.52 -71.83 -17.88 -46.32 -77.46
NOPAT Less CapEx to Interest Expense
-12.20 -18.47 -51.16 -117.75 -112.18 -71.45 -66.53 -16.40 -45.11 -76.04
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for Freshpet

This table displays calculated financial ratios and metrics derived from Freshpet's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
17.60% 21.95% 26.29% 28.32% 33.62% 29.90% 32.57% 25.56% 26.75% 43.12% 40.66%
EBITDA Growth
-53.01% 5.35% 127.77% 1,307.24% 1,160.70% 240.96% 317.87% 113.53% 51.94% 1,602.51% -197.33%
EBIT Growth
-177.17% -35.07% 604.48% 108.79% 205.60% 2,307.30% 81.16% 30.36% -31.66% 88.86% -1,767.30%
NOPAT Growth
-195.37% 27.03% 339.28% 89.55% 156.04% 1,129.94% 55.50% 7.63% -35.48% 72.95% -1,793.33%
Net Income Growth
-168.26% 18.52% 265.99% 90.01% 175.05% 624.17% 61.16% 17.65% -41.30% 68.52% -791.26%
EPS Growth
-170.27% 9.38% 260.00% 91.43% 171.15% 740.00% 61.54% 22.22% -30.00% 76.19% -680.00%
Operating Cash Flow Growth
-11.08% 36.24% 43.12% 213.96% 139.35% 253.70% 349.43% 148.92% 60.50% 162.51% 239.11%
Free Cash Flow Firm Growth
57.42% 38.63% 31.16% 9.07% 32.08% 35.41% 41.21% 44.13% 31.17% 22.50% -20.56%
Invested Capital Growth
5.70% 11.36% 13.63% 19.13% 18.87% 20.47% 21.32% 24.91% 33.02% 40.62% 56.10%
Revenue Q/Q Growth
0.21% 3.69% 7.70% 5.09% 3.91% 7.38% 9.43% 9.44% 1.02% 9.58% 3.65%
EBITDA Q/Q Growth
-61.08% -0.75% 80.12% -50.03% 17.94% 114.58% 1,012.85% 137.66% -137.91% 237.12% 30.90%
EBIT Q/Q Growth
-174.82% -18.18% 1,238.61% -94.88% 15.88% 735.69% 76.68% 38.52% -2,322.26% 94.57% 13.81%
NOPAT Q/Q Growth
-142.53% 59.61% 1,067.77% -114.52% -43.35% 400.63% 57.75% 22.12% -941.19% 87.01% 12.30%
Net Income Q/Q Growth
-170.06% 52.35% 802.18% -109.11% 21.66% 313.37% 57.73% 31.61% -749.71% 84.19% 10.38%
EPS Q/Q Growth
-174.29% 45.83% 900.00% -108.11% 15.63% 313.33% 57.14% 32.69% -940.00% 87.18% 13.33%
Operating Cash Flow Q/Q Growth
-90.46% -10.22% 32.27% 684.55% -85.38% -5.68% 190.17% 198.32% -231.45% 19.85% 131.58%
Free Cash Flow Firm Q/Q Growth
29.33% 18.83% 32.11% -9.32% -1.87% 8.95% 10.32% 18.35% 3.12% 17.13% 14.78%
Invested Capital Q/Q Growth
-0.32% 3.52% 0.24% 2.19% 5.01% 5.64% 5.09% 1.96% 6.43% 6.38% 8.20%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
39.43% 42.48% 40.36% 39.94% 39.38% 34.62% 33.04% 32.32% 30.30% 27.53% 29.44%
EBITDA Margin
5.04% 12.97% 13.55% 8.10% 17.03% 15.01% 7.51% 0.74% -2.15% 5.72% -4.57%
Operating Margin
-4.37% 7.38% 4.70% -0.74% 3.78% 6.91% -3.53% -9.14% -12.84% -1.25% -10.51%
EBIT Margin
-3.46% 4.63% 5.87% 0.47% 9.70% 8.70% -1.47% -6.90% -12.28% -0.51% -10.34%
Profit (Net Income) Margin
-4.82% 6.90% 4.69% -0.72% 8.31% 7.10% -3.57% -9.25% -14.80% -1.76% -12.19%
Tax Burden Percent
101.07% 97.65% 99.55% 103.29% 99.71% 100.00% 100.99% 106.14% 104.42% 146.07% 105.63%
Interest Burden Percent
137.99% 152.51% 80.35% -147.61% 85.91% 81.59% 240.71% 126.32% 115.42% 235.22% 111.61%
Effective Tax Rate
0.00% 2.35% 0.45% 0.00% 0.29% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-2.73% 6.32% 4.08% -0.44% 3.05% 5.51% -1.95% -5.01% -6.96% -0.69% -5.96%
ROIC Less NNEP Spread (ROIC-NNEP)
-6.51% 5.57% 4.13% -1.09% 21.91% 4.18% 0.97% -1.05% 61.07% 0.45% -2.36%
Return on Net Nonoperating Assets (RNNOA)
-0.79% 0.60% 0.35% -0.08% 1.23% -0.13% -0.07% 0.14% -1.05% -0.07% 0.55%
Return on Equity (ROE)
-3.52% 6.91% 4.43% -0.52% 4.28% 5.38% -2.02% -4.87% -8.02% -0.76% -5.41%
Cash Return on Invested Capital (CROIC)
-4.03% -7.37% -9.62% -16.07% -17.29% -20.78% -22.92% -26.76% -33.30% -38.63% -49.79%
Operating Return on Assets (OROA)
-2.31% 2.97% 3.66% 0.28% 5.54% 5.15% -0.81% -3.57% -6.87% -0.32% -5.86%
Return on Assets (ROA)
-3.22% 4.43% 2.93% -0.43% 4.75% 4.20% -1.96% -4.78% -8.28% -1.10% -6.91%
Return on Common Equity (ROCE)
-3.52% 6.91% 4.43% -0.52% 4.28% 5.38% -2.02% -4.87% -8.02% -0.76% -5.41%
Return on Equity Simple (ROE_SIMPLE)
1.49% 0.00% 4.32% 2.51% 1.00% 0.00% -5.52% -6.73% -7.03% 0.00% -6.39%
Net Operating Profit after Tax (NOPAT)
-8.05 19 12 -1.23 8.44 15 -4.95 -12 -15 -1.45 -11
NOPAT Margin
-3.06% 7.20% 4.68% -0.52% 3.77% 6.91% -2.47% -6.40% -8.99% -0.87% -7.36%
Net Nonoperating Expense Percent (NNEP)
3.79% 0.74% -0.05% 0.65% -18.86% 1.33% -2.92% -3.96% -68.03% -1.15% -3.60%
Return On Investment Capital (ROIC_SIMPLE)
-0.56% 1.28% - - - 1.09% - - - -0.14% -
Cost of Revenue to Revenue
60.57% 57.52% 59.64% 60.06% 60.62% 65.38% 66.96% 67.68% 69.70% 72.47% 70.56%
SG&A Expenses to Revenue
43.79% 35.10% 35.66% 40.68% 35.60% 27.70% 36.57% 41.45% 43.14% 28.78% 39.94%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
43.79% 35.10% 35.66% 40.68% 35.60% 27.70% 36.57% 41.45% 43.14% 28.78% 39.94%
Earnings before Interest and Taxes (EBIT)
-9.10 12 15 1.11 22 19 -2.95 -13 -21 -0.85 -16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
13 34 34 19 38 32 15 1.35 -3.60 9.48 -6.92
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
3.86 6.81 6.49 6.29 5.72 4.39 3.38 3.38 3.35 2.46 2.33
Price to Tangible Book Value (P/TBV)
3.86 6.81 6.49 6.29 5.72 4.39 3.38 3.38 3.35 2.46 2.33
Price to Revenue (P/Rev)
3.99 7.37 7.15 7.16 6.79 5.46 4.43 4.74 5.04 4.26 4.39
Price to Earnings (P/E)
259.31 153.20 154.12 271.69 715.94 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.39% 0.65% 0.65% 0.37% 0.14% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
3.57 6.23 5.96 5.67 5.17 4.07 3.25 3.35 3.40 2.72 2.66
Enterprise Value to Revenue (EV/Rev)
4.11 7.49 7.27 7.31 6.94 5.59 4.51 4.76 5.01 3.99 4.01
Enterprise Value to EBITDA (EV/EBITDA)
37.70 58.18 54.44 61.19 65.79 94.87 144.90 9,744.99 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
143.98 146.49 119.45 165.72 229.91 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
241.22 194.70 201.87 443.59 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
27.14 47.35 47.85 51.62 60.12 56.42 65.41 167.70 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.38 0.40 0.41 0.42 0.43 0.44 0.45 0.42 0.41 0.00 0.08
Long-Term Debt to Equity
0.38 0.40 0.41 0.42 0.43 0.44 0.45 0.42 0.41 0.00 0.00
Financial Leverage
0.12 0.11 0.09 0.07 0.06 -0.03 -0.08 -0.13 -0.02 -0.15 -0.23
Leverage Ratio
1.50 1.51 1.52 1.51 1.50 1.30 1.33 1.31 1.36 1.09 1.10
Compound Leverage Factor
2.07 2.31 1.22 -2.23 1.28 1.06 3.19 1.66 1.57 2.57 1.22
Debt to Total Capital
27.38% 28.39% 29.06% 29.59% 29.97% 30.54% 30.87% 29.48% 29.21% 0.00% 6.99%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.58%
Long-Term Debt to Total Capital
27.38% 28.39% 29.06% 29.59% 29.97% 30.54% 30.87% 29.48% 29.21% 0.00% 0.41%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
72.62% 71.61% 70.94% 70.41% 70.03% 69.46% 69.13% 70.52% 70.79% 100.00% 93.01%
Debt to EBITDA
3.58 3.33 3.38 4.00 4.82 9.28 18.79 1,202.60 -35.48 0.00 -3.25
Net Debt to EBITDA
1.07 0.93 0.89 1.27 1.46 2.19 2.58 30.78 1.75 0.00 8.76
Long-Term Debt to EBITDA
3.58 3.33 3.38 4.00 4.82 9.28 18.79 1,202.60 -35.48 0.00 -0.19
Debt to NOPAT
22.89 11.15 12.53 29.00 -902.68 -19.67 -12.63 -9.96 -9.71 0.00 -1.92
Net Debt to NOPAT
6.86 3.10 3.31 9.24 -274.23 -4.63 -1.73 -0.25 0.48 0.00 5.19
Long-Term Debt to NOPAT
22.89 11.15 12.53 29.00 -902.68 -19.67 -12.63 -9.96 -9.71 0.00 -0.11
Altman Z-Score
5.39 8.95 8.42 7.91 7.25 5.44 4.24 4.48 4.70 16.55 10.93
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
4.91 4.42 4.72 4.50 4.97 4.79 5.52 6.29 9.21 2.92 2.93
Quick Ratio
3.71 3.41 3.81 3.55 3.98 3.96 4.69 5.30 7.82 2.12 2.36
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-71 -101 -124 -183 -167 -164 -180 -201 -246 -254 -306
Operating Cash Flow to CapEx
18.15% 86.45% 164.84% 87.77% 11.63% 47.74% 66.29% 30.38% -23.67% 16.69% 12.02%
Free Cash Flow to Firm to Interest Expense
-20.55 -28.51 -42.40 -66.35 -54.56 -47.52 -43.40 -60.30 -77.52 -221.04 -168.52
Operating Cash Flow to Interest Expense
1.39 14.28 19.19 15.42 1.77 10.72 9.45 4.06 -4.33 9.11 4.80
Operating Cash Flow Less CapEx to Interest Expense
-6.27 -2.24 7.55 -2.15 -13.42 -11.74 -4.81 -9.30 -22.64 -45.45 -35.14
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.67 0.64 0.62 0.60 0.57 0.59 0.55 0.52 0.56 0.62 0.57
Accounts Receivable Turnover
15.47 15.58 15.54 14.58 13.95 13.42 13.98 11.72 11.37 12.89 13.56
Inventory Turnover
7.84 8.04 8.63 7.97 7.74 8.49 8.03 7.43 7.86 8.72 7.77
Fixed Asset Turnover
0.97 0.00 0.00 0.00 0.90 0.00 0.87 0.87 0.85 0.86 0.92
Accounts Payable Turnover
13.50 15.39 14.90 16.62 14.66 11.32 12.71 13.01 8.47 8.38 14.59
Days Sales Outstanding (DSO)
23.59 23.43 23.49 25.03 26.16 27.21 26.12 31.14 32.11 28.31 26.92
Days Inventory Outstanding (DIO)
46.57 45.38 42.29 45.78 47.14 42.98 45.46 49.13 46.44 41.85 46.98
Days Payable Outstanding (DPO)
27.04 23.71 24.50 21.96 24.90 32.25 28.72 28.05 43.08 43.56 25.02
Cash Conversion Cycle (CCC)
43.12 45.09 41.28 48.86 48.41 37.94 42.86 52.22 35.48 26.60 48.88
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
1,168 1,172 1,132 1,129 1,105 1,052 996 948 930 873 821
Invested Capital Turnover
0.89 0.88 0.87 0.84 0.81 0.80 0.79 0.78 0.77 0.80 0.81
Increase / (Decrease) in Invested Capital
63 120 136 181 175 179 175 189 231 252 295
Enterprise Value (EV)
4,170 7,305 6,741 6,400 5,716 4,284 3,233 3,177 3,161 2,376 2,186
Market Capitalization
4,052 7,189 6,631 6,266 5,589 4,185 3,175 3,167 3,180 2,534 2,395
Book Value per Share
$21.54 $21.74 $21.07 $20.56 $20.24 $19.76 $19.47 $19.49 $19.75 $21.48 $21.54
Tangible Book Value per Share
$21.54 $21.74 $21.07 $20.56 $20.24 $19.76 $19.47 $19.49 $19.75 $21.48 $21.54
Total Capital
1,445 1,474 1,440 1,414 1,396 1,373 1,358 1,330 1,340 1,032 1,107
Total Debt
396 418 418 418 418 419 419 392 392 0.00 77
Total Long-Term Debt
396 418 418 418 418 419 419 392 392 0.00 4.59
Net Debt
119 116 110 133 127 99 58 10 -19 -158 -209
Capital Expenditures (CapEx)
26 58 34 48 46 77 59 44 58 63 73
Debt-free, Cash-free Net Working Capital (DFCFNWC)
79 69 57 64 67 41 41 51 71 40 65
Debt-free Net Working Capital (DFNWC)
323 338 332 315 325 338 379 410 457 172 325
Net Working Capital (NWC)
323 338 332 315 325 338 379 410 457 172 253
Net Nonoperating Expense (NNE)
4.65 0.80 -0.04 0.47 -10 -0.40 2.21 5.23 9.73 1.47 7.32
Net Nonoperating Obligations (NNO)
119 116 110 133 127 99 58 10 -19 -158 -209
Total Depreciation and Amortization (D&A)
22 22 19 18 16 14 18 14 17 10 8.73
Debt-free, Cash-free Net Working Capital to Revenue
7.80% 7.13% 6.19% 7.26% 8.15% 5.38% 5.65% 7.67% 11.25% 6.65% 11.95%
Debt-free Net Working Capital to Revenue
31.82% 34.67% 35.79% 36.02% 39.48% 44.09% 52.78% 61.33% 72.52% 28.95% 59.66%
Net Working Capital to Revenue
31.82% 34.67% 35.79% 36.02% 39.48% 44.09% 52.78% 61.33% 72.52% 28.95% 46.30%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($0.26) $0.37 $0.25 ($0.03) $0.38 $0.32 ($0.15) ($0.35) ($0.52) ($0.05) ($0.39)
Adjusted Weighted Average Basic Shares Outstanding
48.73M 48.49M 48.51M 48.46M 48.32M 48.16M 48.19M 48.13M 48.05M 46.19M 47.86M
Adjusted Diluted Earnings per Share
($0.26) $0.35 $0.24 ($0.03) $0.37 $0.32 ($0.15) ($0.35) ($0.52) ($0.05) ($0.39)
Adjusted Weighted Average Diluted Shares Outstanding
48.73M 50.26M 50.28M 48.46M 50.05M 48.16M 48.19M 48.13M 48.05M 46.19M 47.86M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
48.78M 48.72M 48.54M 48.48M 48.43M 48.29M 48.24M 48.20M 48.12M 48.05M 48.02M
Normalized Net Operating Profit after Tax (NOPAT)
-8.05 19 12 -1.23 8.44 10 -4.95 -12 -15 -1.45 -11
Normalized NOPAT Margin
-3.06% 7.20% 4.68% -0.52% 3.77% 4.84% -2.47% -6.40% -8.99% -0.87% -7.36%
Pre Tax Income Margin
-4.77% 7.06% 4.72% -0.70% 8.33% 7.10% -3.54% -8.71% -14.17% -1.20% -11.54%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
-2.63 3.45 5.09 0.40 7.10 5.43 -0.71 -3.80 -6.49 -0.74 -8.61
NOPAT to Interest Expense
-2.33 5.36 4.06 -0.45 2.76 4.32 -1.19 -3.52 -4.75 -1.26 -6.13
EBIT Less CapEx to Interest Expense
-10.29 -13.07 -6.56 -17.16 -8.09 -17.02 -14.97 -17.16 -24.79 -55.30 -48.55
NOPAT Less CapEx to Interest Expense
-9.99 -11.15 -7.59 -18.01 -12.43 -18.14 -15.45 -16.88 -23.05 -55.82 -46.06
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Frequently Asked Questions About Freshpet's Financials

When does Freshpet's financial year end?

According to the most recent income statement we have on file, Freshpet's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Freshpet's net income changed over the last 9 years?

Freshpet's net income appears to be on an upward trend, with a most recent value of $46.93 million in 2024, falling from -$3.71 million in 2015. The previous period was -$33.61 million in 2023. See where experts think Freshpet is headed by visiting Freshpet's forecast page.

What is Freshpet's operating income?
Freshpet's total operating income in 2024 was $38.00 million, based on the following breakdown:
  • Total Gross Profit: $395.96 million
  • Total Operating Expenses: $357.96 million
How has Freshpet revenue changed over the last 9 years?

Over the last 9 years, Freshpet's total revenue changed from $116.19 million in 2015 to $975.18 million in 2024, a change of 739.3%.

How much debt does Freshpet have?

Freshpet's total liabilities were at $519.52 million at the end of 2024, a 1.7% increase from 2023, and a 5,579.3% increase since 2015.

How much cash does Freshpet have?

In the past 9 years, Freshpet's cash and equivalents has ranged from $2.18 million in 2017 to $296.87 million in 2023, and is currently $268.63 million as of their latest financial filing in 2024.

How has Freshpet's book value per share changed over the last 9 years?

Over the last 9 years, Freshpet's book value per share changed from 3.10 in 2015 to 21.74 in 2024, a change of 601.0%.



This page (NASDAQ:FRPT) was last updated on 5/28/2025 by MarketBeat.com Staff
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