Freshpet, Inc. logo

Freshpet, Inc.

FRPT

NASDAQConsumer DefensivePackaged Foods

Previous close

$73.965

−$0.165 · -0.22%

Aug 21, 4:00 PM ET

FRPT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

81

Deep Value

Momentum

36

Weakening

Sentiment

75

Bullish

Risk resilience

39

High Risk

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Company profile

Company website

Freshpet, Inc. produces and distributes natural, fresh, and ready-to-eat food and treats specifically formulated for dogs and cats. These products are available to consumers throughout the United States, Canada, and Europe. The company offers its pet nutrition items under its flagship Freshpet brand, alongside its Dognation and Dog Joy labels. They reach customers through a wide array of retail channels, including major grocery chains, mass-market retailers, warehouse clubs, specialized pet stores, and natural food outlets, as well as via online platforms. Freshpet, Inc. was established in 2004 and is based in Secaucus, New Jersey.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
US
CEO
William Cyr
Listed since
Nov 7, 2014
Employees
1,288

Market position

Day range

Current $73.965

52-week range

Current $73.965

Open
$74.24
Previous close
$74.13
Volume
1.08M
0.72× average
Average volume
1.5M
Average daily volume
Market cap
3.63B USD
Beta
1.64
Market reference 1
50-day average
$60.4451
+22.37% above average
200-day average
$62.5501
+18.25% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.26B USD
P/E (TTM)
17.78×
P/B (TTM)
2.94×
P/S (TTM)
3.09×
EV / EBITDA
18.95×
Earnings yield
4.68%
Free cash flow yield
0.42%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
39.29%
Operating margin
8.83%
Net margin
17.28%
Return on equity
11.51%
Return on assets
7.83%
Return on invested capital
5.57%

Financial health

Debt / equity
0.4×
Current ratio
5.54×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends46%25%5%-15%Gross margin, FY2021: 38.11%Gross margin, FY2022: 31.25%Gross margin, FY2023: 32.71%Gross margin, FY2024: 40.60%Gross margin, FY2025: 38.58%Operating margin, FY2021: -5.80%Operating margin, FY2022: -8.73%Operating margin, FY2023: -3.97%Operating margin, FY2024: 3.90%Operating margin, FY2025: 8.62%Net margin, FY2021: -6.98%Net margin, FY2022: -9.99%Net margin, FY2023: -4.38%Net margin, FY2024: 4.81%Net margin, FY2025: 12.63%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 38.11%. Gross margin FY2022 31.25%. Gross margin FY2023 32.71%. Gross margin FY2024 40.60%. Gross margin FY2025 38.58%. Operating margin FY2021 -5.80%. Operating margin FY2022 -8.73%. Operating margin FY2023 -3.97%. Operating margin FY2024 3.90%. Operating margin FY2025 8.62%. Net margin FY2021 -6.98%. Net margin FY2022 -9.99%. Net margin FY2023 -4.38%. Net margin FY2024 4.81%. Net margin FY2025 12.63%.

Income trends

Revenue

1.1B USD+13.01%

Operating income

94.96M USD+149.90%

Net income

139.14M USD+196.51%
Income trends across reported periods1.22B USD753.56M USD288.96M USD−175.64M USDRevenue, FY2021: 425.49M USDRevenue, FY2022: 595.34M USDRevenue, FY2023: 766.9M USDRevenue, FY2024: 975.18M USDRevenue, FY2025: 1.1B USDOperating income, FY2021: −24.66M USDOperating income, FY2022: −51.98M USDOperating income, FY2023: −30.45M USDOperating income, FY2024: 38M USDOperating income, FY2025: 94.96M USDNet income, FY2021: −29.7M USDNet income, FY2022: −59.49M USDNet income, FY2023: −33.61M USDNet income, FY2024: 46.93M USDNet income, FY2025: 139.14M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 425.49M USD. Revenue FY2022 595.34M USD. Revenue FY2023 766.9M USD. Revenue FY2024 975.18M USD. Revenue FY2025 1.1B USD. Operating income FY2021 −24.66M USD. Operating income FY2022 −51.98M USD. Operating income FY2023 −30.45M USD. Operating income FY2024 38M USD. Operating income FY2025 94.96M USD. Net income FY2021 −29.7M USD. Net income FY2022 −59.49M USD. Net income FY2023 −33.61M USD. Net income FY2024 46.93M USD. Net income FY2025 139.14M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.1B USD975.18M USD766.9M USD595.34M USD425.49M USD
Cost of goods sold676.82M USD579.22M USD516.02M USD409.31M USD263.34M USD
Gross profit425.2M USD395.96M USD250.87M USD186.03M USD162.15M USD
Selling, general, and administrative340.92M USD335.62M USD281.32M USD238.02M USD186.81M USD
Operating expenses330.24M USD357.96M USD281.32M USD238.02M USD186.81M USD
Interest income11.87M USD13.03M USD1.71M USD13K USD
Interest expense14.12M USD12.26M USD14.1M USD5.21M USD2.88M USD
Depreciation and amortization86.87M USD73.62M USD58.52M USD34.56M USD30.47M USD
Operating income94.96M USD38M USD−30.45M USD−51.98M USD−24.66M USD
Net income139.14M USD46.93M USD−33.61M USD−59.49M USD−29.7M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+108.78%
11 comparable reports
Latest EPS result
0.42
Estimate 0.24 · Beat by 75.01%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.690.470.250.03Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 0.36, estimate 0.44, surprise -18.18%, Miss. Q2 2025, reported May 5, 2025: actual 0.09, estimate 0.13, surprise -30.77%, Miss. Q3 2025, reported Aug 4, 2025: actual 0.33, estimate 0.12, surprise +175.00%, Beat. Q4 2025, reported Nov 3, 2025: actual 0.46, estimate 0.43, surprise +6.98%, Beat. Q1 2026, reported Feb 23, 2026: actual 0.64, estimate 0.43, surprise +48.84%, Beat. Q2 2026, reported May 6, 2026: actual 0.04, estimate 0.06, surprise -33.33%, Miss. Q3 2026, reported Aug 5, 2026: actual 0.423, estimate 0.242, surprise +75.01%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 0.38, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates321.77M297.96M274.14M250.33MQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 262.71M USD, estimate 275.46M USD, surprise -4.63%, Miss. Q2 2025, reported May 5, 2025: actual 263.25M USD, estimate 273.9M USD, surprise -3.89%, Miss. Q3 2025, reported Aug 4, 2025: actual 264.69M USD, estimate 269.75M USD, surprise -1.87%, Miss. Q4 2025, reported Nov 3, 2025: actual 288.85M USD, estimate 283.85M USD, surprise +1.76%, Beat. Q1 2026, reported Feb 23, 2026: actual 285.23M USD, estimate 285.62M USD, surprise -0.14%, Miss. Q2 2026, reported May 6, 2026: actual 297.64M USD, estimate 291.89M USD, surprise +1.97%, Beat. Q3 2026, reported Aug 5, 2026: actual 305.59M USD, estimate 292.35M USD, surprise +4.53%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 309.39M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$75.38

1.91% upside
Past 12 months12-month forecast

Price history unavailable

High $98.00Average $75.38Low $60.00

Rating distribution

29 ratings
Strong buy00%
Buy1655%
Hold1241%
Sell13%
Strong sell00%

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