Financial Snapshot

Revenue
$576.1M
TTM
Gross Margin
37.28%
TTM
Net Earnings
$50.02M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
323.61%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$253.4M
Q3 2024
Cash
Q3 2024
P/E
29.97
Nov 29, 2024 EST
Free Cash Flow
$60.89M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $471.9M $362.1M $260.9M $214.3M $140.7M $106.7M $74.00M
YoY Change 30.33% 38.77% 21.76% 52.26% 31.88% 44.21%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $471.9M $362.1M $260.9M $214.3M $140.7M $106.7M $74.00M
Cost Of Revenue $309.4M $252.6M $178.0M $139.8M $97.86M $71.89M $55.60M
Gross Profit $162.4M $109.4M $82.90M $74.53M $42.88M $34.82M $18.40M
Gross Profit Margin 34.43% 30.23% 31.77% 34.78% 30.47% 32.63% 24.86%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $129.1M $77.24M $57.87M $47.40M $29.53M $19.44M $20.00M
YoY Change 67.11% 33.47% 22.09% 60.52% 51.91% -2.82%
% of Gross Profit 79.46% 70.57% 69.81% 63.59% 68.86% 55.82% 108.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.925M $5.441M $3.540M $2.550M $1.921M $1.437M $820.0K
YoY Change 45.65% 53.7% 38.82% 32.74% 33.68% 75.24%
% of Gross Profit 4.88% 4.97% 4.27% 3.42% 4.48% 4.13% 4.46%
Operating Expenses $129.1M $107.3M $82.85M $62.30M $39.53M $28.05M $20.00M
YoY Change 20.25% 29.56% 32.98% 57.61% 40.91% 40.26%
Operating Profit $33.37M $2.104M $52.00K $12.23M $3.350M $6.767M -$1.600M
YoY Change 1486.17% 3946.15% -99.57% 265.01% -50.5% -522.94%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense $1.760M $114.0K -$52.00K -$500.0K -$300.0K -$400.0K -$500.0K
YoY Change 1443.86% -319.23% -89.6% 66.67% -25.0% -20.0%
% of Operating Profit 5.27% 5.42% -100.0% -4.09% -8.96% -5.91%
Other Income/Expense, Net -$2.813M $727.0K $302.0K -$574.0K $1.068M -$415.0K $0.00
YoY Change -486.93% 140.73% -152.61% -153.75% -357.35%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income $32.20M $2.831M $354.0K $11.65M $4.418M $6.352M -$2.100M
YoY Change 1037.44% 699.72% -96.96% 163.78% -30.45% -402.48%
Income Tax $6.635M $1.601M -$2.028M $2.770M $1.106M $723.0K $0.00
% Of Pretax Income 20.6% 56.55% -572.88% 23.77% 25.03% 11.38%
Net Earnings $25.57M $1.251M $2.429M $8.800M $2.385M $5.797M -$1.900M
YoY Change 1943.65% -48.5% -72.4% 268.97% -58.86% -405.11%
Net Earnings / Revenue 5.42% 0.35% 0.93% 4.11% 1.69% 5.43% -2.57%
Basic Earnings Per Share $0.62 $0.03 $0.06 $0.31 $0.09 $0.22
Diluted Earnings Per Share $0.59 $0.03 $0.06 $0.27 $0.07 $0.16 -$48.47K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $84.15M $12.91M $30.97M $29.50M $1.300M $11.80M
YoY Change 551.61% -58.3% 4.97% 2169.23% -88.98%
Cash & Equivalents $84.15M $12.91M $30.97M $29.50M $1.300M $11.80M
Short-Term Investments
Other Short-Term Assets $38.78M $69.62M $72.16M $72.40M $2.700M $1.100M
YoY Change -44.3% -3.51% -0.33% 2581.48% 145.45%
Inventory $32.90M $26.85M $10.95M $12.90M $12.90M $3.900M
Prepaid Expenses
Receivables $39.70M $40.23M $26.94M $20.90M $16.10M $10.20M
Other Receivables $0.00 $0.00 $199.0K $1.600M $1.600M $100.0K
Total Short-Term Assets $195.5M $149.6M $141.2M $137.3M $34.70M $27.10M
YoY Change 30.69% 5.95% 2.85% 295.68% 28.04%
Property, Plant & Equipment $75.75M $61.05M $44.61M $30.10M $22.50M $18.70M
YoY Change 24.08% 36.86% 48.2% 33.78% 20.32%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $144.0K $268.0K $100.0K $200.0K $200.0K
YoY Change -46.27% 168.0% -50.0% 0.0%
Total Long-Term Assets $79.65M $65.05M $48.73M $34.10M $27.20M $22.80M
YoY Change 22.45% 33.48% 42.91% 25.37% 19.3%
Total Assets $275.2M $214.7M $189.9M $171.4M $61.90M $49.90M
YoY Change
Accounts Payable $33.49M $25.97M $22.52M $15.50M $13.50M $9.400M
YoY Change 28.93% 15.33% 45.29% 14.81% 43.62%
Accrued Expenses $27.26M $19.13M $12.82M $9.800M $8.600M $5.800M
YoY Change 42.49% 49.22% 30.85% 13.95% 48.28%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.255M $1.570M $327.0K $500.0K $2.600M $1.200M
YoY Change 107.32% 380.12% -34.6% -80.77% 116.67%
Total Short-Term Liabilities $65.22M $47.65M $37.99M $25.90M $25.00M $16.80M
YoY Change 36.87% 25.43% 46.68% 3.6% 48.81%
Long-Term Debt $10.48M $7.023M $0.00 $300.0K $3.700M $4.300M
YoY Change 49.24% -100.0% -91.89% -13.95%
Other Long-Term Liabilities $6.799M $1.659M $192.0K $200.0K $700.0K $600.0K
YoY Change 309.83% 764.06% -4.0% -71.43% 16.67%
Total Long-Term Liabilities $17.28M $8.682M $192.0K $500.0K $4.400M $4.900M
YoY Change 99.03% 4421.88% -61.6% -88.64% -10.2%
Total Liabilities $82.50M $56.33M $38.47M $29.30M $30.40M $21.70M
YoY Change 46.45% 46.43% 31.3% -3.62% 40.09%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 41.19M 40.65M 40.03M 28.67M 25.90M 25.81M
Diluted Shares Outstanding 43.31M 43.47M 43.32M 32.91M 36.07M 35.26M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.4989 Billion

About Vital Farms, Inc.

Vital Farms, Inc. packages, markets and distributes pasture-raised shell eggs, pasture-raised butter and other products. The company is headquartered in Austin, Texas and currently employs 447 full-time employees. The company went IPO on 2020-07-31. The firm is a national consumer brand that works with over 300 family farms and is a United States brand of pasture-raised eggs. The firm focuses on the humane treatment of farm animals and sustainable farming practices. Its products, including shell eggs, butter, hard-boiled eggs, and liquid whole eggs, are sold in over 24,000 stores nationwide. The firm packages, markets and distributes shell eggs, butter, and other products. The retail varieties of its shell eggs are based on supplemental feed type, egg size, and pack size. Its egg packaging consists primarily of corrugated boxes and egg cartons. The firm offers unsalted and sea-salted varieties of its butter in two-stick and four-stick packs. The Company’s products are principally sold under the name Vital Farms in addition to other trade names, primarily to retail and foodservice channels in the United States.

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