Financial Snapshot

Revenue
$927.9M
TTM
Gross Margin
38.58%
TTM
Net Earnings
$44.09M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
472.08%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.021B
Q3 2024
Cash
Q3 2024
P/E
172.2
Nov 29, 2024 EST
Free Cash Flow
-$65.39M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $766.9M $595.3M $425.5M $318.8M $245.9M $193.2M $152.4M $129.7M $116.2M $86.76M $63.15M $43.52M
YoY Change 28.82% 39.92% 33.47% 29.66% 27.23% 26.83% 17.46% 11.64% 33.91% 37.39% 45.11%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Selling, General & Admin $281.3M $238.0M $186.8M $134.9M $114.5M $94.88M $55.60M $62.59M $58.30M $48.64M $39.57M $35.39M
YoY Change 18.19% 27.41% 38.47% 17.88% 20.63% 70.64% -11.16% 7.36% 19.86% 22.9% 11.84%
% of Gross Profit 112.14% 127.94% 115.21% 101.5% 100.22% 105.43% 76.78% 103.67% 106.67% 115.2% 145.53% 171.46%
Research & Development $800.0K $1.200M $500.0K $284.6K $470.2K
YoY Change -33.33% 140.0% 75.7% -39.47%
% of Gross Profit 0.6% 1.05% 0.56% 0.39% 0.78%
Depreciation & Amortization $58.17M $34.33M $29.47M $20.81M $15.60M $13.80M $12.69M $9.890M $7.570M $6.420M $5.950M $4.720M
YoY Change 69.43% 16.51% 41.63% 33.37% 13.04% 8.75% 28.31% 30.65% 17.91% 7.9% 26.06%
% of Gross Profit 23.19% 18.45% 18.17% 15.65% 13.66% 15.34% 17.52% 16.38% 13.85% 15.21% 21.88% 22.87%
Operating Expenses $281.3M $238.0M $186.8M $135.7M $115.7M $95.38M $284.6K $63.06M $58.30M $48.64M $39.57M $35.39M
YoY Change 18.19% 27.41% 37.66% 17.34% 21.26% 33415.36% -99.55% 8.16% 19.86% 22.9% 11.84%
Operating Profit -$30.45M -$51.98M -$24.66M -$1.998M -$253.0K -$4.886M $72.13M -$2.685M -$3.648M -$6.080M -$12.38M -$14.75M
YoY Change -41.43% 110.77% 1134.38% 689.72% -94.82% -106.77% -2786.36% -26.39% -40.01% -50.89% -16.05%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Interest Expense $14.10M $5.208M $2.882M $1.212M $991.0K $296.0K -$900.0K -$700.0K $454.6K $4.614M $3.492M $1.638M
YoY Change 170.68% 80.71% 137.79% 22.3% 234.8% -132.89% 28.57% -253.99% -90.15% 32.11% 113.23%
% of Operating Profit -1.25%
Other Income/Expense, Net -$1.068M -$3.498M -$2.869M -$1.125M -$986.0K -$399.0K -$1.436M -$200.0K -$5.624K -$31.22M -$9.275M -$3.877M
YoY Change -69.47% 21.92% 155.02% 14.1% 147.12% -72.21% 617.95% 3456.19% -99.98% 236.57% 139.26%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Pretax Income -$31.51M -$55.48M -$27.53M -$3.123M -$1.239M -$5.284M -$4.200M -$3.100M -$3.653M -$37.30M -$21.66M -$18.62M
YoY Change -43.2% 101.51% 781.59% 152.06% -76.55% 25.81% 35.48% -15.15% -90.2% 72.23% 16.28%
Income Tax $210.0K $282.0K $162.0K $65.00K $144.0K $77.00K $100.0K $100.0K $57.52K $41.75K $31.53K $32.78K
% Of Pretax Income
Net Earnings -$33.61M -$59.49M -$29.70M -$3.188M -$1.383M -$5.361M -$4.262M -$3.161M -$3.711M -$37.34M -$21.69M -$18.66M
YoY Change -43.5% 100.32% 831.59% 130.51% -74.2% 25.78% 34.86% -14.83% -90.06% 72.17% 16.24%
Net Earnings / Revenue -4.38% -9.99% -6.98% -1.0% -0.56% -2.77% -2.8% -2.44% -3.19% -43.04% -34.34% -42.87%
Basic Earnings Per Share -$0.70 -$1.29 -$0.69 -$0.08 -$0.04 -$0.15 -$0.12 -$0.09 -$0.11 -$9.63 -$2.91 -$2.56
Diluted Earnings Per Share -$0.70 -$1.29 -$0.69 -$0.08 -$0.04 -$0.15 -$0.12 -$0.09 -$0.11 -$9.63 -$2.91 -$2.56

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Cash & Short-Term Investments $296.9M $132.7M $72.79M $67.20M $9.500M $7.600M $2.200M $3.900M $11.30M $36.30M $2.400M $1.600M
YoY Change 123.66% 82.36% 8.32% 607.37% 25.0% 245.45% -43.59% -65.49% -68.87% 1412.5% 50.0%
Cash & Equivalents $296.9M $132.7M $72.79M $67.20M $9.500M $7.600M $2.200M $3.900M $8.000M $36.30M $2.400M $1.600M
Short-Term Investments $0.00 $3.300M $0.00
Other Short-Term Assets $10.46M $13.37M $7.183M $4.300M $13.80M $1.800M $1.900M $1.000M $200.0K $1.300M $200.0K $100.0K
YoY Change -21.78% 86.11% 67.05% -68.84% 666.67% -5.26% 90.0% 400.0% -84.62% 550.0% 100.0%
Inventory $63.24M $58.29M $35.57M $19.10M $12.50M $9.300M $10.10M $5.400M $6.900M $7.300M $5.500M $3.800M
Prepaid Expenses
Receivables $56.75M $57.57M $34.78M $18.40M $18.60M $12.30M $12.70M $8.900M $7.000M $5.400M $3.500M $2.800M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $427.3M $262.0M $150.3M $109.1M $54.30M $31.00M $27.00M $19.20M $25.40M $50.20M $11.60M $8.400M
YoY Change 63.12% 74.27% 37.79% 100.92% 75.16% 14.81% 40.63% -24.41% -49.4% 332.76% 38.1%
Property, Plant & Equipment $982.8M $805.8M $590.5M $288.9M $174.4M $102.1M $100.6M $101.5M $82.80M $57.80M $48.80M $33.20M
YoY Change 21.97% 36.46% 104.38% 65.65% 70.81% 1.49% -0.89% 22.58% 43.25% 18.44% 46.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $23.53M $25.42M $25.86M $27.90M
YoY Change -7.44% -1.69% -7.33%
Other Assets $30.79M $32.25M $17.77M $8.500M $7.400M $6.900M $6.300M $5.700M $4.900M $4.400M $2.200M $2.500M
YoY Change -4.51% 81.48% 109.06% 14.86% 7.25% 9.52% 10.53% 16.33% 11.36% 100.0% -12.0%
Total Long-Term Assets $1.037B $863.4M $634.1M $325.3M $181.8M $109.0M $106.9M $107.3M $87.70M $62.30M $51.00M $35.70M
YoY Change 20.12% 36.17% 94.92% 78.93% 66.79% 1.96% -0.37% 22.35% 40.77% 22.16% 42.86%
Total Assets $1.464B $1.125B $784.4M $434.4M $236.1M $140.0M $133.9M $126.5M $113.1M $112.5M $62.60M $44.10M
YoY Change
Accounts Payable $36.10M $55.09M $42.61M $16.50M $18.70M $9.200M $9.200M $6.900M $6.700M $5.400M $6.300M $9.200M
YoY Change -34.48% 29.28% 158.25% -11.76% 103.26% 0.0% 33.33% 2.99% 24.07% -14.29% -31.52%
Accrued Expenses $49.90M $33.87M $16.33M $16.20M $22.70M $8.400M $7.500M $4.800M $2.500M $3.600M $1.900M $2.300M
YoY Change 47.33% 107.36% 0.83% -28.63% 170.24% 12.0% 56.25% 92.0% -30.56% 89.47% -17.39%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $7.000M $0.00 $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $1.998M
YoY Change
Total Short-Term Liabilities $89.22M $89.61M $58.95M $33.10M $42.00M $18.20M $16.70M $18.70M $9.100M $9.100M $8.200M $11.50M
YoY Change -0.44% 52.03% 78.08% -21.19% 130.77% 8.98% -10.7% 105.49% 0.0% 10.98% -28.7%
Long-Term Debt $419.2M $0.00 $0.00 $0.00 $54.50M $0.00 $0.00 $0.00 $0.00 $0.00 $76.10M $44.10M
YoY Change -100.0% -100.0% 72.56%
Other Long-Term Liabilities $2.591M $4.200M $5.710M $7.100M $8.400M $300.0K $300.0K $8.200M $2.700M
YoY Change -38.31% -26.44% -19.58% -15.48% 2700.0% 0.0% 203.7%
Total Long-Term Liabilities $421.7M $4.200M $5.710M $7.100M $62.90M $300.0K $300.0K $0.00 $0.00 $0.00 $84.30M $46.80M
YoY Change 9941.55% -26.44% -19.58% -88.71% 20866.67% 0.0% -100.0% 80.13%
Total Liabilities $511.0M $93.81M $64.66M $40.20M $104.9M $18.50M $17.00M $18.70M $9.100M $9.100M $92.50M $58.30M
YoY Change 444.66% 45.1% 60.84% -61.68% 467.03% 8.82% -9.09% 105.49% 0.0% -90.16% 58.66%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Basic Shares Outstanding 48.16M 46.19M 42.93K 39.76K 35.95K 35.33M 34.49M 33.67M 33.50M 13.63M 10.42M 10.41M
Diluted Shares Outstanding 48.16M 46.19M 42.93K 39.76K 35.95K 35.33M 34.49M 33.67M 33.50M 13.63M 10.42M 10.41M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $7.5921 Billion

About Freshpet, Inc.

Freshpet, Inc. engages in manufacturing, marketing, and distribution of pet food and pet treats for dogs and cats. The company is headquartered in Bedminster, New Jersey and currently employs 1,083 full-time employees. The company went IPO on 2014-11-07. The Company’s products consist of dog food, cat food and dog treats. The Company’s products are made according to its nutritional philosophy of fresh, meat-based nutrition and minimal processing. Its proprietary recipes include real, fresh meat and varying combinations of vitamin-rich vegetables, leafy greens, and antioxidant-rich fruits, without the use of preservatives or additives. Its products are sold under the Freshpet brand name. The firm sells its products through a network of Company-owned branded refrigerators, Freshpet Fridges. The firm sells its products throughout the United States, Canada, and Europe. The company sells its products through the classes of retail: grocery (including online), mass, club, pet specialty, natural, and digital. The firm also offer fresh treats across all classes of retail under the Dognation and Dog Joy labels.

Industry: Grain Mill Products Peers: BRC Inc. CAL-MAINE FOODS INC Utz Brands, Inc. HAIN CELESTIAL GROUP INC J&J SNACK FOODS CORP Mondelez International, Inc. Simply Good Foods Co Sovos Brands, Inc. TOOTSIE ROLL INDUSTRIES INC TreeHouse Foods, Inc.