Vital Farms (VITL) Financials

$34.70 -1.29 (-3.58%)

As of 04:00 PM Eastern

Annual Income Statements for Vital Farms

This table shows Vital Farms' 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
Period end date	12/29/2024	12/31/2023	12/25/2022	12/26/2021	12/27/2020	12/29/2019	12/30/2018
Net Income / (Loss) Attributable to Common Shareholders	53	26	1.25	2.43	8.80	2.39	5.80
Consolidated Net Income / (Loss)	53	26	1.23	2.38	8.88	3.31	5.63
Net Income / (Loss) Continuing Operations	53	26	1.23	2.38	8.88	3.31	5.63
Total Pre-Tax Income	68	32	2.83	0.35	12	4.42	6.35
Total Operating Income	64	33	2.10	0.05	12	3.35	6.77
Total Gross Profit	230	162	109	83	75	43	35
Total Revenue	606	472	362	261	214	141	107
Operating Revenue	606	472	362	261	214	141	107
Total Cost of Revenue	376	310	253	178	140	98	72
Operating Cost of Revenue	376	310	253	178	140	98	72
Total Operating Expenses	166	129	107	83	62	40	28
Selling, General & Admin Expense	134	102	77	58	47	30	19
Other Operating Expenses / (Income)	32	27	30	25	15	10	8.62
Total Other Income / (Expense), net	3.99	-1.05	0.73	0.30	-0.57	1.07	-0.42
Interest Expense	1.01	0.78	0.11	0.05	0.49	0.35	0.42
Interest & Investment Income	5.25	2.54	0.99	0.38	0.10	-	-
Other Income / (Expense), net	-0.25	-2.81	-0.15	-0.03	-0.18	1.42	0.01
Income Tax Expense	14	6.64	1.60	-2.03	2.77	1.11	0.72
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.00	-0.02	-0.05	0.08	0.93	-0.17
Basic Earnings per Share	$1.25	$0.62	$0.03	$0.06	$0.31	$0.09	$0.22
Weighted Average Basic Shares Outstanding	42.85M	41.19M	40.65M	40.03M	28.67M	25.90M	25.81M
Diluted Earnings per Share	$1.18	$0.59	$0.03	$0.06	$0.27	$0.07	$0.16
Weighted Average Diluted Shares Outstanding	45.13M	43.31M	43.47M	43.32M	32.91M	36.07M	35.26M
Weighted Average Basic & Diluted Shares Outstanding	44.26M	41.80M	40.75M	40.53M	39.59M	-	-

This table shows Vital Farms' 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	3/30/2025	12/29/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	9/24/2023	6/25/2023	3/26/2023	12/25/2022	9/25/2022
Net Income / (Loss) Attributable to Common Shareholders	17	11	7.45	16	19	7.21	4.52	6.68	7.15	1.87	0.72
Consolidated Net Income / (Loss)	17	11	7.45	16	19	7.21	4.52	6.68	7.15	1.87	0.71
Net Income / (Loss) Continuing Operations	17	11	7.45	16	19	7.21	4.52	6.68	7.15	1.87	0.71
Total Pre-Tax Income	22	14	10	18	25	9.56	5.06	7.91	9.67	3.70	2.18
Total Operating Income	22	13	9.24	17	24	9.09	5.23	8.04	11	3.45	2.02
Total Gross Profit	63	60	53	58	59	45	37	38	43	33	29
Total Revenue	162	166	145	147	148	136	110	106	119	110	92
Operating Revenue	162	166	145	147	148	136	110	106	119	110	92
Total Cost of Revenue	100	106	92	90	89	91	74	69	77	77	63
Operating Cost of Revenue	100	106	92	90	89	91	74	69	77	77	63
Total Operating Expenses	41	47	44	41	35	36	31	30	32	30	27
Selling, General & Admin Expense	32	37	36	33	27	29	25	24	24	22	21
Other Operating Expenses / (Income)	8.84	9.50	8.13	7.20	7.60	7.31	6.36	5.85	7.83	7.83	6.91
Total Other Income / (Expense), net	0.57	1.32	1.14	0.97	0.56	0.47	-0.17	-0.13	-1.22	0.25	0.15
Interest Expense	0.23	0.24	0.26	0.26	0.26	0.27	0.24	0.14	0.14	0.09	0.01
Interest & Investment Income	1.21	1.44	1.41	1.32	1.09	1.05	0.71	0.45	0.34	0.34	0.31
Other Income / (Expense), net	-0.40	0.12	-0.01	-0.09	-0.28	-0.31	-0.64	-0.44	-1.43	-	-0.15
Income Tax Expense	5.44	3.74	2.94	1.77	5.70	2.35	0.53	1.23	2.52	1.83	1.47
Basic Earnings per Share	$0.38	$0.24	$0.17	$0.38	$0.46	$0.17	$0.11	$0.16	$0.18	$0.05	$0.02
Weighted Average Basic Shares Outstanding	44.25M	42.85M	43.25M	42.50M	41.79M	41.19M	41.38M	40.95M	40.76M	40.65M	40.70M
Diluted Earnings per Share	$0.37	$0.23	$0.16	$0.36	$0.43	$0.18	$0.10	$0.15	$0.16	$0.05	$0.02
Weighted Average Diluted Shares Outstanding	45.80M	45.13M	45.46M	45.25M	43.85M	43.31M	43.14M	43.29M	43.40M	43.47M	42.88M

This table details how cash moves in and out of Vital Farms' 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
Period end date	12/29/2024	12/31/2023	12/25/2022	12/26/2021	12/27/2020	12/29/2019	12/30/2018
Net Change in Cash & Equivalents	66	71	-18	1.42	28	-11	8.00
Net Cash From Operating Activities	65	51	-8.10	18	12	-5.35	11
Net Cash From Continuing Operating Activities	65	51	-8.10	18	12	-5.35	11
Net Income / (Loss) Continuing Operations	53	26	1.23	2.38	8.88	3.31	5.63
Consolidated Net Income / (Loss)	53	26	1.23	2.38	8.88	3.31	5.63
Depreciation Expense	13	7.93	5.44	3.54	2.55	1.92	1.44
Amortization Expense	0.17	0.35	0.71	1.30	0.21	0.01	0.07
Non-Cash Adjustments To Reconcile Net Income	-2.82	12	6.40	4.44	2.42	1.52	0.80
Changes in Operating Assets and Liabilities, net	1.00	4.57	-22	6.02	-2.55	-12	3.49
Net Cash From Investing Activities	-7.03	22	-10	-18	-78	-5.62	-1.91
Net Cash From Continuing Investing Activities	-7.03	22	-10	-18	-78	-5.62	-1.91
Purchase of Property, Plant & Equipment	-29	-12	-10	-17	-10	-4.80	-1.94
Purchase of Investments	-1.70	-2.95	-34	-52	-77	0.00	0.00
Sale of Property, Plant & Equipment	0.00	1.06	0.10	0.00	0.00	0.01	0.03
Sale and/or Maturity of Investments	23	36	34	50	9.00	0.00	-
Other Investing Activities, net	0.00	0.11	-0.20	0.00	0.85	-0.83	0.00
Net Cash From Financing Activities	8.65	-2.05	0.08	2.18	94	0.43	-1.51
Net Cash From Continuing Financing Activities	8.65	-2.05	0.08	2.18	94	0.43	-1.51
Repayment of Debt	-0.41	-7.50	0.00	0.00	-14	-0.67	-0.67
Issuance of Debt	0.00	7.50	0.00	0.00	6.46	1.91	0.00
Issuance of Common Equity	0.42	0.30	0.00	0.00	100	14	0.03
Other Financing Activities, net	8.65	-2.35	0.08	2.18	2.46	-0.62	-0.86
Cash Interest Paid	0.95	0.78	0.11	0.04	0.41	0.34	0.36
Cash Income Taxes Paid	-17	-6.00	-0.10	-0.10	2.21	2.26	0.02

This table details how cash moves in and out of Vital Farms' 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	3/30/2025	12/29/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	9/24/2023	6/25/2023	3/26/2023	12/25/2022	9/25/2022
Net Change in Cash & Equivalents	5.70	1.07	16	19	30	27	9.14	22	13	-5.92	-3.24
Net Cash From Operating Activities	5.27	15	9.96	16	24	24	8.27	14	5.40	-4.73	-0.36
Net Cash From Continuing Operating Activities	5.27	15	9.96	16	24	24	8.27	14	5.40	-4.73	-0.36
Net Income / (Loss) Continuing Operations	17	11	7.45	16	19	7.21	4.52	6.68	7.15	1.87	0.71
Consolidated Net Income / (Loss)	17	11	7.45	16	19	7.21	4.52	6.68	7.15	1.87	0.71
Depreciation Expense	3.26	6.12	2.33	2.35	2.30	2.33	2.05	1.85	1.69	1.65	1.51
Amortization Expense	0.03	0.04	0.04	-1.64	1.74	0.01	-1.48	1.66	0.16	-1.18	0.52
Non-Cash Adjustments To Reconcile Net Income	4.97	-16	4.86	6.47	2.28	3.45	4.52	0.45	4.08	1.91	1.57
Changes in Operating Assets and Liabilities, net	-20	14	-4.71	-7.39	-1.39	11	-1.35	2.87	-7.68	-8.97	-4.67
Net Cash From Investing Activities	1.60	-15	2.60	-1.27	7.03	4.04	1.34	8.49	8.52	-1.09	-2.97
Net Cash From Continuing Investing Activities	1.60	-15	2.60	-1.27	7.03	4.04	1.34	8.49	8.52	-1.09	-2.97
Purchase of Property, Plant & Equipment	-3.13	-18	-3.57	-5.59	-1.32	-2.40	-4.85	-2.49	-1.80	-3.57	-2.48
Purchase of Investments	0.00	-1.03	-	-	-0.67	-0.71	-1.58	-0.44	-0.22	-0.64	-3.23
Sale of Property, Plant & Equipment	0.05	-	-	0.00	0.00	-	0.00	-	1.05	0.01	0.04
Sale and/or Maturity of Investments	4.68	3.82	6.17	4.32	9.02	7.04	7.76	11	9.49	3.20	2.81
Net Cash From Financing Activities	-1.17	1.67	3.80	4.49	-1.31	-0.43	-0.46	-0.17	-1.00	-0.10	0.09
Net Cash From Continuing Financing Activities	-1.17	1.67	3.80	4.49	-1.31	-0.43	-0.46	-0.17	-1.00	-0.10	0.09
Other Financing Activities, net	-1.17	1.43	3.80	4.73	-1.31	-0.59	-0.46	-0.30	-1.00	-0.10	0.09
Cash Interest Paid	0.21	0.22	0.22	0.26	0.26	0.27	0.24	0.13	0.13	0.09	0.01
Cash Income Taxes Paid	0.00	-29	1.53	11	0.00	-9.19	2.12	1.07	0.00	-0.20	0.03

This table presents Vital Farms' 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
Period end date	12/29/2024	12/31/2023	12/25/2022	12/26/2021	12/27/2020	12/29/2019
Total Assets	359	275	215	190	171	62
Total Current Assets	246	196	150	141	137	35
Cash & Equivalents	151	84	13	31	30	1.27
Short-Term Investments	9.69	33	66	69	68	0.00
Accounts Receivable	54	40	39	27	21	16
Inventories, net	24	33	27	11	13	13
Prepaid Expenses	7.74	6.11	5.14	3.82	3.97	2.71
Plant, Property, & Equipment, net	85	67	59	45	30	22
Total Noncurrent Assets	29	13	5.90	4.05	4.00	4.84
Goodwill	9.15	3.90	4.00	3.86	3.86	3.86
Other Noncurrent Operating Assets	20	8.91	1.90	0.19	0.14	0.15
Total Liabilities & Shareholders' Equity	359	275	215	190	171	62
Total Liabilities	90	83	56	38	29	30
Total Current Liabilities	79	65	48	38	26	25
Accounts Payable	39	33	26	23	15	14
Accrued Expenses	31	24	18	15	9.85	8.61
Current Deferred & Payable Income Tax Liabilities	0.84	1.21	0.43	0.00	-	-
Other Current Liabilities	7.78	6.31	2.78	0.33	-	-
Total Noncurrent Liabilities	12	17	8.68	0.19	3.07	5.10
Other Noncurrent Operating Liabilities	12	17	8.68	0.19	0.21	0.65
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	269	193	158	152	142	8.64
Total Preferred & Common Equity	269	193	158	151	142	8.56
Preferred Stock	0.00	0.00	0.00	-	-	-
Total Common Equity	269	193	158	151	142	8.56
Common Stock	186	163	156	149	144	20
Retained Earnings	83	30	4.16	2.75	14	5.24
Accumulated Other Comprehensive Income / (Loss)	0.00	-0.38	-1.55	-0.28	-0.03	0.00

This table presents Vital Farms' 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	3/30/2025	9/29/2024	6/30/2024	3/31/2024	9/24/2023	6/25/2023	3/26/2023	9/25/2022
Total Assets	377	345	320	300	250	236	227	207
Total Current Assets	260	252	234	218	177	172	163	151
Cash & Equivalents	156	150	133	114	57	48	26	19
Short-Term Investments	5.02	13	20	24	39	46	57	68
Accounts Receivable	52	48	43	44	37	30	40	33
Inventories, net	35	33	31	31	38	42	34	25
Prepaid Expenses	8.91	6.45	4.53	6.18	5.03	6.19	5.34	5.57
Other Current Nonoperating Assets	3.19	-	-	-	-	-	-	-
Plant, Property, & Equipment, net	81	69	68	66	68	59	59	48
Total Noncurrent Assets	36	24	18	16	5.42	5.10	5.45	7.28
Goodwill	11	6.48	5.47	4.92	3.90	3.90	3.90	3.86
Other Noncurrent Operating Assets	25	17	12	11	1.51	1.20	1.55	3.42
Total Liabilities & Shareholders' Equity	377	345	320	300	250	236	227	207
Total Liabilities	88	91	82	87	67	60	59	52
Total Current Liabilities	78	78	67	70	53	52	51	51
Accounts Payable	39	36	33	33	22	22	27	26
Accrued Expenses	23	33	26	22	27	25	19	24
Current Deferred & Payable Income Tax Liabilities	6.04	0.00	0.00	6.91	0.46	2.35	2.51	0.11
Other Current Liabilities	9.55	8.52	7.71	8.06	3.80	2.35	2.57	1.45
Total Noncurrent Liabilities	10	14	15	16	14	8.57	8.73	1.22
Other Noncurrent Operating Liabilities	10	14	15	16	14	8.57	8.73	0.21
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	289	253	238	213	183	176	168	155
Total Preferred & Common Equity	289	253	238	213	183	176	0.00	155
Preferred Stock	0.00	0.00	0.00	0.00	-	-	-	-
Total Common Equity	289	253	238	213	183	176	168	155
Common Stock	189	181	174	165	161	159	157	154
Retained Earnings	100	73	65	49	23	18	11	2.29
Accumulated Other Comprehensive Income / (Loss)	0.02	-0.06	-0.17	-0.27	-0.73	-0.96	-1.13	-1.80

This table displays calculated financial ratios and metrics derived from Vital Farms' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018
Period end date	12/29/2024	12/31/2023	12/25/2022	12/26/2021	12/27/2020	12/29/2019	12/30/2018
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	28.49%	30.33%	38.77%	21.76%	52.26%	31.88%	0.00%
EBITDA Growth	97.77%	377.66%	66.56%	-67.13%	121.07%	-19.16%	0.00%
EBIT Growth	107.95%	1,458.68%	7,712.00%	-99.79%	152.67%	-29.65%	0.00%
NOPAT Growth	90.28%	2,788.19%	161.26%	-96.25%	271.18%	-58.12%	0.00%
Net Income Growth	108.82%	1,978.54%	-48.36%	-73.19%	168.24%	-41.16%	0.00%
EPS Growth	100.00%	1,866.67%	-50.00%	-77.78%	285.71%	-56.25%	0.00%
Operating Cash Flow Growth	27.34%	728.62%	-145.80%	53.60%	315.10%	-146.85%	0.00%
Free Cash Flow Firm Growth	-43.31%	213.68%	-312.32%	-697.37%	103.11%	0.00%	0.00%
Invested Capital Growth	43.70%	-4.70%	52.58%	14.94%	22.20%	0.00%	0.00%
Revenue Q/Q Growth	5.24%	5.77%	9.92%	9.86%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	11.92%	22.88%	767.77%	-18.22%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	7.36%	21.27%	132.23%	-98.98%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	5.73%	24.56%	123.39%	-92.81%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	6.74%	26.43%	128.68%	-55.79%	0.00%	0.00%	0.00%
EPS Q/Q Growth	4.42%	28.26%	130.00%	-62.50%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-12.13%	126.78%	-901.78%	80.93%	20.05%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	-61.14%	889.72%	-64.16%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	20.66%	-12.61%	15.94%	-7.52%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-
Gross Margin	37.92%	34.40%	30.23%	31.77%	34.78%	30.47%	32.63%
EBITDA Margin	12.63%	8.20%	2.24%	1.87%	6.91%	4.76%	7.76%
Operating Margin	10.48%	7.05%	0.58%	0.02%	5.71%	2.38%	6.34%
EBIT Margin	10.44%	6.45%	0.54%	0.01%	5.62%	3.39%	6.35%
Profit (Net Income) Margin	8.81%	5.42%	0.34%	0.91%	4.15%	2.35%	5.27%
Tax Burden Percent	79.05%	79.40%	43.45%	672.88%	76.23%	74.97%	88.62%
Interest Burden Percent	106.69%	105.78%	144.96%	1,416.00%	96.75%	92.68%	93.74%
Effective Tax Rate	20.95%	20.61%	56.55%	-572.88%	23.77%	25.03%	11.38%
Return on Invested Capital (ROIC)	54.35%	33.97%	1.39%	0.72%	22.59%	13.52%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	52.07%	34.82%	1.03%	-1.35%	23.54%	43.75%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-31.24%	-19.40%	-0.59%	0.90%	-12.39%	7.28%	0.00%
Return on Equity (ROE)	23.11%	14.57%	0.79%	1.62%	10.20%	20.80%	0.00%
Cash Return on Invested Capital (CROIC)	18.49%	38.78%	-40.25%	-13.18%	2.61%	-186.48%	0.00%
Operating Return on Assets (OROA)	19.95%	12.43%	0.97%	0.01%	10.32%	7.70%	0.00%
Return on Assets (ROA)	16.83%	10.44%	0.61%	1.32%	7.62%	5.35%	0.00%
Return on Common Equity (ROCE)	23.11%	14.57%	0.79%	1.62%	8.81%	5.59%	0.00%
Return on Equity Simple (ROE_SIMPLE)	19.82%	13.27%	0.78%	1.57%	6.25%	38.70%	0.00%
Net Operating Profit after Tax (NOPAT)	50	26	0.91	0.35	9.32	2.51	6.00
NOPAT Margin	8.29%	5.60%	0.25%	0.13%	4.35%	1.78%	5.62%
Net Nonoperating Expense Percent (NNEP)	2.27%	-0.86%	0.35%	2.07%	-0.95%	-30.22%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	18.65%	13.70%	0.58%	-	-	-	-
Cost of Revenue to Revenue	62.08%	65.60%	69.77%	68.23%	65.22%	69.53%	67.37%
SG&A Expenses to Revenue	22.09%	21.56%	21.33%	22.18%	22.12%	20.98%	18.21%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	27.44%	27.35%	29.65%	31.75%	29.07%	28.09%	26.29%
Earnings before Interest and Taxes (EBIT)	63	30	1.95	0.03	12	4.77	6.78
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	77	39	8.11	4.87	15	6.70	8.28
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.07	3.39	3.98	4.61	7.40	14.60	0.00
Price to Tangible Book Value (P/TBV)	6.29	3.46	4.09	4.73	7.61	26.59	0.00
Price to Revenue (P/Rev)	2.70	1.38	1.74	2.67	4.91	0.89	1.17
Price to Earnings (P/E)	30.63	25.53	504.02	287.23	119.46	52.41	21.56
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	3.26%	3.92%	0.20%	0.35%	0.84%	1.91%	4.64%
Enterprise Value to Invested Capital (EV/IC)	13.53	7.06	6.93	11.47	21.03	4.13	0.00
Enterprise Value to Revenue (EV/Rev)	2.43	1.14	1.52	2.29	4.45	1.09	0.00
Enterprise Value to EBITDA (EV/EBITDA)	19.27	13.84	68.08	122.97	64.48	22.93	0.00
Enterprise Value to EBIT (EV/EBIT)	23.30	17.61	282.54	23,935.47	79.25	32.22	0.00
Enterprise Value to NOPAT (EV/NOPAT)	29.36	20.30	603.63	1,710.17	102.41	61.16	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	22.75	10.53	0.00	33.84	82.92	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	86.31	17.78	0.00	0.00	886.71	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.01	0.21	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.12	0.00
Financial Leverage	-0.60	-0.56	-0.58	-0.67	-0.53	0.17	0.00
Leverage Ratio	1.37	1.40	1.30	1.23	1.34	1.95	0.00
Compound Leverage Factor	1.47	1.48	1.89	17.39	1.30	1.80	0.00
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.63%	17.11%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.40%	7.49%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.23%	9.61%	0.00%
Preferred Equity to Total Capital	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%	0.19%	0.24%	60.62%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	99.81%	99.13%	22.28%	0.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.06	0.98	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	-6.55	0.79	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.02	0.55	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.10	2.62	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	-10.41	2.11	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.04	1.47	0.00
Altman Z-Score	14.05	7.55	9.03	13.01	24.14	5.32	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.09%	0.21%	13.56%	73.13%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-
Current Ratio	3.13	3.00	3.14	3.72	5.30	1.39	0.00
Quick Ratio	2.73	2.40	2.47	3.33	4.59	0.70	0.00
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	17	30	-27	-6.43	1.08	-35	0.00
Operating Cash Flow to CapEx	226.30%	485.65%	-78.11%	105.81%	111.77%	-111.69%	597.80%
Free Cash Flow to Firm to Interest Expense	16.92	38.55	-232.60	-123.68	2.21	-99.24	0.00
Operating Cash Flow to Interest Expense	64.18	65.10	-71.04	340.04	23.59	-15.34	26.94
Operating Cash Flow Less CapEx to Interest Expense	35.82	51.69	-161.98	18.67	2.48	-29.07	22.44
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	1.91	1.93	1.79	1.44	1.84	2.27	0.00
Accounts Receivable Turnover	12.89	12.01	11.00	10.90	11.57	8.74	0.00
Inventory Turnover	13.31	10.36	13.37	14.93	10.81	7.56	0.00
Fixed Asset Turnover	8.01	7.49	6.98	6.98	8.15	6.27	0.00
Accounts Payable Turnover	10.45	10.41	10.42	9.37	9.64	7.24	0.00
Days Sales Outstanding (DSO)	28.31	30.40	33.18	33.49	31.55	41.78	0.00
Days Inventory Outstanding (DIO)	27.43	35.23	27.31	24.45	33.76	48.29	0.00
Days Payable Outstanding (DPO)	34.94	35.06	35.03	38.97	37.87	50.39	0.00
Cash Conversion Cycle (CCC)	20.79	30.57	25.46	18.97	27.43	39.68	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	109	76	80	52	45	37	0.00
Invested Capital Turnover	6.56	6.07	5.49	5.35	5.19	7.58	0.00
Increase / (Decrease) in Invested Capital	33	-3.74	27	6.78	8.25	37	0.00
Enterprise Value (EV)	1,475	536	552	598	955	154	0.00
Market Capitalization	1,635	653	631	698	1,051	125	125
Book Value per Share	$6.15	$4.63	$3.89	$3.76	$3.60	$0.33	$0.00
Tangible Book Value per Share	$5.94	$4.54	$3.79	$3.66	$3.50	$0.18	$0.00
Total Capital	269	193	158	152	143	38	0.00
Total Debt	0.00	0.00	0.00	0.00	0.91	6.57	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.33	3.69	0.00
Net Debt	-160	-117	-79	-100	-97	5.30	0.00
Capital Expenditures (CapEx)	29	10	10	17	10	4.79	1.91
Debt-free, Cash-free Net Working Capital (DFCFNWC)	7.22	13	23	3.71	14	11	0.00
Debt-free Net Working Capital (DFNWC)	168	130	102	103	112	13	0.00
Net Working Capital (NWC)	168	130	102	103	111	9.65	0.00
Net Nonoperating Expense (NNE)	-3.15	0.84	-0.32	-2.03	0.44	-0.80	0.37
Net Nonoperating Obligations (NNO)	-160	-117	-79	-100	-97	5.30	0.00
Total Depreciation and Amortization (D&A)	13	8.27	6.15	4.84	2.76	1.93	1.51
Debt-free, Cash-free Net Working Capital to Revenue	1.19%	2.86%	6.42%	1.42%	6.54%	8.00%	0.00%
Debt-free Net Working Capital to Revenue	27.63%	27.61%	28.16%	39.59%	52.23%	8.90%	0.00%
Net Working Capital to Revenue	27.63%	27.61%	28.16%	39.59%	51.96%	6.86%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.25	$0.62	$0.03	$0.06	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	42.85M	41.19M	40.65M	40.03M	0.00	0.00	0.00
Adjusted Diluted Earnings per Share	$1.18	$0.59	$0.03	$0.06	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	45.13M	43.31M	43.47M	43.32M	0.00	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	44.26M	41.80M	40.75M	40.53M	0.00	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	50	26	1.47	0.04	9.32	2.51	6.00
Normalized NOPAT Margin	8.29%	5.60%	0.41%	0.01%	4.35%	1.78%	5.62%
Pre Tax Income Margin	11.14%	6.82%	0.78%	0.14%	5.44%	3.14%	5.95%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	62.68	38.93	17.13	0.48	24.68	13.66	15.98
NOPAT to Interest Expense	49.74	33.76	8.02	6.73	19.10	7.20	14.14
EBIT Less CapEx to Interest Expense	34.31	25.52	-73.82	-320.88	3.58	-0.07	11.47
NOPAT Less CapEx to Interest Expense	21.38	20.36	-82.93	-314.64	-2.01	-6.53	9.64
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	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%	431.43%	0.00%

This table displays calculated financial ratios and metrics derived from Vital Farms' 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	3/30/2025	12/29/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	9/24/2023	6/25/2023	3/26/2023	12/25/2022	9/25/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	9.64%	22.22%	31.31%	38.46%	24.13%	23.37%	19.98%	28.45%	54.65%	42.22%	42.42%
EBITDA Growth	-6.08%	73.30%	124.82%	59.95%	146.55%	184.16%	32.29%	319.93%	580.98%	220.17%	853.28%
EBIT Growth	-10.58%	49.39%	101.31%	124.43%	152.26%	155.01%	144.51%	1,035.73%	334.60%	175.42%	204.11%
NOPAT Growth	-11.44%	40.16%	41.67%	127.71%	130.86%	294.54%	607.32%	4,177.28%	381.62%	158.51%	152.34%
Net Income Growth	-11.15%	46.74%	64.63%	144.49%	166.06%	286.60%	536.15%	3,380.73%	564.89%	151.04%	153.58%
EPS Growth	-13.95%	27.78%	60.00%	140.00%	168.75%	260.00%	400.00%	0.00%	500.00%	162.50%	166.67%
Operating Cash Flow Growth	-77.98%	-37.71%	20.51%	19.43%	343.25%	601.67%	2,377.14%	598.45%	209.39%	-208.04%	84.63%
Free Cash Flow Firm Growth	-217.83%	-322.12%	122.93%	201.16%	258.32%	141.25%	-16.31%	24.09%	-1.89%	-163.51%	41.03%
Invested Capital Growth	64.19%	43.70%	4.07%	3.89%	-10.30%	-4.70%	26.44%	29.73%	42.75%	52.58%	21.71%
Revenue Q/Q Growth	-2.29%	14.47%	-1.62%	-0.37%	8.92%	22.98%	3.74%	-10.68%	8.26%	19.60%	11.07%
EBITDA Q/Q Growth	27.93%	66.08%	-34.65%	-36.41%	235.06%	115.46%	-53.51%	-1.98%	189.40%	0.31%	47.58%
EBIT Q/Q Growth	62.79%	42.13%	-45.85%	-28.63%	171.96%	91.52%	-39.63%	-19.78%	174.92%	83.64%	180.42%
NOPAT Q/Q Growth	71.40%	44.98%	-57.14%	-16.85%	171.27%	46.54%	-31.11%	-15.70%	363.61%	162.71%	316.58%
Net Income Q/Q Growth	59.74%	42.09%	-54.43%	-14.11%	163.84%	59.41%	-32.32%	-6.53%	283.38%	162.31%	270.31%
EPS Q/Q Growth	60.87%	43.75%	-55.56%	-16.28%	138.89%	80.00%	-33.33%	-6.25%	220.00%	150.00%	0.00%
Operating Cash Flow Q/Q Growth	-64.32%	48.39%	-38.26%	-32.64%	0.93%	187.07%	-38.81%	150.01%	214.23%	-1,203.03%	-118.77%
Free Cash Flow Firm Q/Q Growth	-36.61%	-861.83%	-74.79%	-55.10%	157.55%	178.66%	-11.20%	29.72%	32.90%	-121.81%	27.42%
Invested Capital Q/Q Growth	14.11%	20.66%	5.40%	13.14%	-0.13%	-12.61%	5.21%	-2.31%	6.10%	15.94%	7.95%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	38.54%	36.07%	36.88%	39.13%	39.81%	33.28%	33.20%	35.51%	35.80%	30.26%	32.04%
EBITDA Margin	15.20%	11.61%	8.00%	12.05%	18.88%	8.19%	4.67%	10.43%	9.50%	3.56%	4.24%
Operating Margin	13.42%	7.83%	6.37%	11.63%	16.34%	6.69%	4.74%	7.55%	9.14%	3.13%	2.20%
EBIT Margin	13.17%	7.91%	6.37%	11.57%	16.15%	6.47%	4.15%	7.14%	7.95%	3.13%	2.04%
Profit (Net Income) Margin	10.42%	6.37%	5.14%	11.09%	12.86%	5.31%	4.10%	6.28%	6.00%	1.69%	0.77%
Tax Burden Percent	75.65%	73.88%	71.72%	90.22%	76.94%	75.41%	89.46%	84.47%	73.92%	50.43%	32.67%
Interest Burden Percent	104.57%	109.11%	112.43%	106.21%	103.49%	108.83%	110.22%	104.13%	102.12%	107.34%	115.99%
Effective Tax Rate	24.35%	26.12%	28.28%	9.78%	23.06%	24.59%	10.54%	15.53%	26.08%	49.57%	67.33%
Return on Invested Capital (ROIC)	62.96%	37.97%	29.73%	67.54%	78.55%	30.64%	24.31%	37.35%	38.04%	8.67%	3.78%
ROIC Less NNEP Spread (ROIC-NNEP)	62.67%	37.26%	29.09%	66.83%	78.17%	30.28%	24.48%	37.47%	39.08%	8.53%	3.73%
Return on Net Nonoperating Assets (RNNOA)	-37.70%	-22.35%	-17.28%	-39.71%	-45.28%	-16.87%	-13.20%	-20.81%	-21.46%	-4.90%	-2.22%
Return on Equity (ROE)	25.27%	15.61%	12.45%	27.84%	33.27%	13.77%	11.11%	16.54%	16.58%	3.77%	1.57%
Cash Return on Invested Capital (CROIC)	-0.51%	18.49%	49.65%	50.40%	56.87%	38.78%	3.92%	-2.51%	-20.85%	-40.25%	-25.83%
Operating Return on Assets (OROA)	24.15%	15.11%	12.34%	22.51%	30.69%	12.46%	8.12%	13.99%	15.37%	5.60%	3.41%
Return on Assets (ROA)	19.10%	12.18%	9.95%	21.56%	24.43%	10.23%	8.00%	12.30%	11.60%	3.03%	1.29%
Return on Common Equity (ROCE)	25.27%	15.61%	12.45%	27.84%	33.27%	13.77%	11.11%	16.54%	16.58%	3.76%	1.57%
Return on Equity Simple (ROE_SIMPLE)	17.74%	0.00%	19.74%	19.75%	17.55%	0.00%	11.06%	9.32%	0.00%	0.00%	-2.78%
Net Operating Profit after Tax (NOPAT)	16	9.61	6.63	15	19	6.85	4.68	6.79	8.05	1.74	0.66
NOPAT Margin	10.15%	5.79%	4.57%	10.49%	12.57%	5.05%	4.24%	6.38%	6.76%	1.58%	0.72%
Net Nonoperating Expense Percent (NNEP)	0.29%	0.70%	0.63%	0.71%	0.39%	0.36%	-0.17%	-0.12%	-1.03%	0.14%	0.05%
Return On Investment Capital (ROIC_SIMPLE)	5.70%	3.57%	-	-	-	3.56%	-	-	-	1.10%	-
Cost of Revenue to Revenue	61.46%	63.93%	63.12%	60.87%	60.19%	66.72%	66.80%	64.49%	64.20%	69.74%	67.96%
SG&A Expenses to Revenue	19.67%	22.51%	24.90%	22.62%	18.34%	21.20%	22.71%	22.46%	20.09%	20.03%	22.34%
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	25.12%	28.24%	30.51%	27.51%	23.48%	26.58%	28.47%	27.96%	26.66%	27.13%	29.84%
Earnings before Interest and Taxes (EBIT)	21	13	9.23	17	24	8.79	4.59	7.60	9.47	3.45	1.88
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	25	19	12	18	28	11	5.16	11	11	3.91	3.90
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.55	6.07	5.98	8.27	4.56	3.39	2.64	3.06	3.63	3.98	3.07
Price to Tangible Book Value (P/TBV)	4.73	6.29	6.13	8.47	4.66	3.46	2.69	3.13	3.71	4.09	3.15
Price to Revenue (P/Rev)	2.12	2.70	2.63	3.64	1.94	1.38	1.08	1.26	1.50	1.74	1.44
Price to Earnings (P/E)	25.66	30.63	30.27	41.89	25.96	25.53	23.84	32.79	61.14	504.02	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	3.90%	3.26%	3.30%	2.39%	3.85%	3.92%	4.19%	3.05%	1.64%	0.20%	0.00%
Enterprise Value to Invested Capital (EV/IC)	9.28	13.53	14.95	21.23	11.01	7.06	4.45	5.39	6.21	6.93	5.67
Enterprise Value to Revenue (EV/Rev)	1.86	2.43	2.35	3.36	1.67	1.14	0.87	1.04	1.30	1.52	1.18
Enterprise Value to EBITDA (EV/EBITDA)	15.39	19.27	19.75	29.37	15.08	13.84	12.25	14.71	24.07	68.08	416.75
Enterprise Value to EBIT (EV/EBIT)	18.99	23.30	22.91	33.51	18.60	17.61	15.38	19.87	33.92	282.54	0.00
Enterprise Value to NOPAT (EV/NOPAT)	23.98	29.36	28.43	39.91	22.63	20.30	18.21	26.06	50.82	603.63	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	25.01	22.75	18.31	25.25	12.01	10.53	17.20	32.19	233.73	0.00	385.39
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	86.31	30.72	42.93	18.31	17.78	126.73	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01
Financial Leverage	-0.60	-0.60	-0.59	-0.59	-0.58	-0.56	-0.54	-0.56	-0.55	-0.58	-0.59
Leverage Ratio	1.35	1.37	1.36	1.34	1.38	1.40	1.35	1.33	1.31	1.30	1.28
Compound Leverage Factor	1.41	1.50	1.53	1.43	1.43	1.52	1.49	1.38	1.34	1.40	1.48
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.65%
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%	0.00%
Long-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%	0.65%
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	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	99.35%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.08
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-91.97
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.08
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.26
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	21.98
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.26
Altman Z-Score	11.76	13.59	12.61	17.20	9.46	7.29	6.87	7.99	8.74	9.05	7.70
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.04%	0.04%	0.09%	0.10%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.35	3.13	3.24	3.50	3.10	3.00	3.34	3.32	3.22	3.14	2.97
Quick Ratio	2.75	2.73	2.71	2.92	2.57	2.40	2.52	2.39	2.44	2.47	2.36
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-32	-24	3.09	12	27	11	-13	-12	-17	-26	-12
Operating Cash Flow to CapEx	171.29%	81.38%	279.18%	288.66%	1,808.84%	988.71%	170.64%	542.49%	722.33%	-132.90%	-14.86%
Free Cash Flow to Firm to Interest Expense	-137.43	-98.50	11.93	47.69	107.04	39.40	-56.61	-89.09	-124.03	-295.33	-965.31
Operating Cash Flow to Interest Expense	22.54	61.85	38.46	62.77	93.92	88.21	34.73	99.32	38.87	-54.37	-30.25
Operating Cash Flow Less CapEx to Interest Expense	9.38	-14.15	24.68	41.03	88.73	79.29	14.38	81.01	33.49	-95.28	-233.75
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.83	1.91	1.94	1.95	1.90	1.93	1.95	1.96	1.93	1.79	1.67
Accounts Receivable Turnover	12.99	12.89	13.53	14.86	11.94	12.01	12.65	13.99	12.25	11.00	11.88
Inventory Turnover	11.85	13.31	10.07	9.33	9.95	10.36	9.28	9.30	11.58	13.37	11.66
Fixed Asset Turnover	8.40	8.01	8.40	8.48	8.01	7.49	7.69	7.98	7.62	6.98	7.29
Accounts Payable Turnover	10.77	10.45	12.48	12.43	10.79	10.41	12.44	12.08	11.61	10.42	10.87
Days Sales Outstanding (DSO)	28.09	28.31	26.97	24.57	30.56	30.40	28.85	26.09	29.80	33.18	30.71
Days Inventory Outstanding (DIO)	30.81	27.43	36.24	39.12	36.69	35.23	39.34	39.27	31.52	27.31	31.31
Days Payable Outstanding (DPO)	33.89	34.94	29.26	29.36	33.83	35.06	29.34	30.22	31.44	35.03	33.56
Cash Conversion Cycle (CCC)	25.01	20.79	33.96	34.33	33.42	30.57	38.85	35.14	29.88	25.46	28.46
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	124	109	90	86	76	76	87	83	84	80	69
Invested Capital Turnover	6.20	6.56	6.50	6.44	6.25	6.07	5.74	5.85	5.63	5.49	5.27
Increase / (Decrease) in Invested Capital	49	33	3.54	3.21	-8.70	-3.74	18	19	25	27	12
Enterprise Value (EV)	1,154	1,475	1,351	1,820	834	536	386	445	524	552	389
Market Capitalization	1,315	1,635	1,514	1,973	972	653	482	538	608	631	475
Book Value per Share	$6.53	$6.15	$5.88	$5.65	$5.10	$4.63	$4.43	$4.31	$4.11	$3.89	$3.80
Tangible Book Value per Share	$6.28	$5.94	$5.73	$5.52	$4.99	$4.54	$4.34	$4.21	$4.02	$3.79	$3.70
Total Capital	289	269	253	238	213	193	183	176	168	158	156
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.01
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.01
Net Debt	-161	-160	-163	-153	-138	-117	-96	-94	-83	-79	-86
Capital Expenditures (CapEx)	3.08	18	3.57	5.59	1.32	2.40	4.84	2.49	0.75	3.56	2.44
Debt-free, Cash-free Net Working Capital (DFCFNWC)	21	7.22	11	15	10	13	28	27	29	23	13
Debt-free Net Working Capital (DFNWC)	182	168	174	167	148	130	124	120	112	102	100
Net Working Capital (NWC)	182	168	174	167	148	130	124	120	112	102	100
Net Nonoperating Expense (NNE)	-0.43	-0.97	-0.82	-0.88	-0.43	-0.36	0.15	0.11	0.90	-0.13	-0.05
Net Nonoperating Obligations (NNO)	-165	-160	-163	-153	-138	-117	-96	-94	-83	-79	-86
Total Depreciation and Amortization (D&A)	3.29	6.15	2.37	0.71	4.04	2.34	0.58	3.51	1.86	0.47	2.03
Debt-free, Cash-free Net Working Capital to Revenue	3.38%	1.19%	1.88%	2.68%	2.05%	2.86%	6.22%	6.23%	7.17%	6.42%	4.06%
Debt-free Net Working Capital to Revenue	29.38%	27.63%	30.18%	30.88%	29.52%	27.61%	27.75%	28.10%	27.72%	28.16%	30.44%
Net Working Capital to Revenue	29.38%	27.63%	30.18%	30.88%	29.52%	27.61%	27.75%	28.10%	27.72%	28.16%	30.44%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.38	$0.24	$0.17	$0.38	$0.46	$0.17	$0.11	$0.16	$0.18	$0.05	$0.02
Adjusted Weighted Average Basic Shares Outstanding	44.25M	42.85M	43.25M	42.50M	41.79M	41.19M	41.38M	40.95M	40.76M	40.65M	40.70M
Adjusted Diluted Earnings per Share	$0.37	$0.23	$0.16	$0.36	$0.43	$0.18	$0.10	$0.15	$0.16	$0.05	$0.02
Adjusted Weighted Average Diluted Shares Outstanding	45.80M	45.13M	45.46M	45.25M	43.85M	43.31M	43.14M	43.29M	43.40M	43.47M	42.88M
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	0.00	44.26M	43.79M	43.10M	42.18M	41.80M	41.60M	41.24M	40.85M	40.75M	40.73M
Normalized Net Operating Profit after Tax (NOPAT)	16	9.61	6.63	15	19	6.85	4.68	6.79	8.05	1.74	1.42
Normalized NOPAT Margin	10.15%	5.79%	4.57%	10.49%	12.57%	5.05%	4.24%	6.38%	6.76%	1.58%	1.54%
Pre Tax Income Margin	13.78%	8.63%	7.16%	12.29%	16.71%	7.04%	4.58%	7.43%	8.12%	3.36%	2.36%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	91.30	54.91	35.65	66.35	93.69	32.66	19.27	55.87	68.14	39.60	156.33
NOPAT to Interest Expense	70.37	40.20	25.59	60.16	72.92	25.48	19.65	49.93	57.95	19.97	55.11
EBIT Less CapEx to Interest Expense	78.15	-21.09	21.88	44.60	88.50	23.74	-1.08	37.56	62.76	-1.31	-47.17
NOPAT Less CapEx to Interest Expense	57.22	-35.80	11.81	38.42	67.73	16.56	-0.70	31.62	52.57	-20.94	-148.39
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 Vital Farms' Financials

When does Vital Farms's financial year end?

According to the most recent income statement we have on file, Vital Farms' fiscal year ends in December. Their fiscal year 2024 ended on December 29, 2024.

How has Vital Farms' net income changed over the last 6 years?

Vital Farms' net income appears to be on an upward trend, with a most recent value of $53.39 million in 2024, rising from $5.63 million in 2018. The previous period was $25.57 million in 2023. Check out Vital Farms' forecast to explore projected trends and price targets.

What is Vital Farms's operating income?

Vital Farms's total operating income in 2024 was $63.55 million, based on the following breakdown:

Total Gross Profit: $229.93 million
Total Operating Expenses: $166.37 million

How has Vital Farms revenue changed over the last 6 years?

Over the last 6 years, Vital Farms' total revenue changed from $106.71 million in 2018 to $606.31 million in 2024, a change of 468.2%.

How much debt does Vital Farms have?

Vital Farms' total liabilities were at $90.03 million at the end of 2024, a 9.1% increase from 2023, and a 199.1% increase since 2019.

How much cash does Vital Farms have?

In the past 5 years, Vital Farms' cash and equivalents has ranged from $1.27 million in 2019 to $150.60 million in 2024, and is currently $150.60 million as of their latest financial filing in 2024.

How has Vital Farms' book value per share changed over the last 6 years?

Over the last 6 years, Vital Farms' book value per share changed from 0.00 in 2018 to 6.15 in 2024, a change of 615.0%.

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This page (NASDAQ:VITL) was last updated on 5/20/2025 by MarketBeat.com Staff

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Vital Farms (VITL) Financials

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