Symbols / FRPT $64.20 +1.63%
FRPT Chart
About
Freshpet, Inc., together with its subsidiaries, manufactures, distributes, and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe. It offers dog food, cat food, and dog treats under the Freshpet brand name; and fresh treats under the Dognation and Dog Joy brand names. The company sells its products through a network of company-owned branded refrigerators, the Freshpet Fridges, as well as through various classes of retail, including grocery, mass, club, pet specialty, and international, as well as digital. The company was incorporated in 2004 and is headquartered in Bedminster, New Jersey.
Fundamentals
Scroll to Statements| Sector | Consumer Defensive | Industry | Packaged Foods | Market Cap | 3.15B |
| Enterprise Value | 3.32B | Income | 139.14M | Sales | 1.10B |
| Book/sh | 24.68 | Cash/sh | 5.67 | Dividend Yield | — |
| Payout | 0.00% | Employees | 1288 | IPO | — |
| P/E | 24.32 | Forward P/E | 31.67 | PEG | — |
| P/S | 2.86 | P/B | 2.60 | P/C | — |
| EV/EBITDA | 18.05 | EV/Sales | 3.01 | Quick Ratio | 4.35 |
| Current Ratio | 5.54 | Debt/Eq | 40.95 | LT Debt/Eq | — |
| EPS (ttm) | 2.64 | EPS next Y | 2.03 | EPS Growth | 79.20% |
| Revenue Growth | 8.60% | Earnings | 2026-05-04 | ROA | 3.50% |
| ROE | 12.29% | ROIC | — | Gross Margin | 40.80% |
| Oper. Margin | 15.63% | Profit Margin | 12.63% | Shs Outstand | 49.06M |
| Shs Float | 48.23M | Short Float | 12.69% | Short Ratio | 3.27 |
| Short Interest | — | 52W High | 89.80 | 52W Low | 46.76 |
| Beta | 1.67 | Avg Volume | 1.33M | Volume | 538.11K |
| Target Price | $87.60 | Recom | Buy | Prev Close | $63.17 |
| Price | $64.20 | Change | 1.63% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$87.60
Mean price target
2. Current target
$64.56
Latest analyst target
3. DCF / Fair value
$-1.21
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$64.56
Low
$69.00
High
$111.00
Mean
$87.60
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-03-20 | up | Oppenheimer | Perform → Outperform | $80 |
| 2026-02-25 | main | DA Davidson | Buy → Buy | $98 |
| 2026-02-25 | main | Wells Fargo | Overweight → Overweight | $90 |
| 2026-02-24 | main | JP Morgan | Neutral → Neutral | $80 |
| 2026-02-24 | main | TD Cowen | Hold → Hold | $80 |
| 2026-02-24 | main | Stifel | Buy → Buy | $84 |
| 2026-02-24 | main | DA Davidson | Buy → Buy | $80 |
| 2026-02-24 | main | Benchmark | Buy → Buy | $90 |
| 2026-02-24 | up | Morgan Stanley | Equal-Weight → Overweight | $90 |
| 2026-02-04 | main | Piper Sandler | Overweight → Overweight | $87 |
| 2026-01-26 | main | Wells Fargo | Overweight → Overweight | $82 |
| 2026-01-08 | main | TD Cowen | Hold → Hold | $61 |
| 2026-01-05 | main | Wells Fargo | Overweight → Overweight | $70 |
| 2025-12-19 | main | B of A Securities | Neutral → Neutral | $67 |
| 2025-12-16 | init | Morgan Stanley | — → Equal-Weight | $71 |
| 2025-11-04 | main | DA Davidson | Buy → Buy | $83 |
| 2025-11-04 | main | Truist Securities | Hold → Hold | $50 |
| 2025-10-31 | main | Baird | Outperform → Outperform | $75 |
| 2025-10-24 | main | Stifel | Buy → Buy | $65 |
| 2025-10-23 | main | JP Morgan | Neutral → Neutral | $62 |
- Oppenheimer sees Freshpet at an attractive entry point (FRPT:NASDAQ) - Seeking Alpha Fri, 20 Mar 2026 17
- Costco (COSTCO) Pet Food Rivalry Fails to Shake Freshpet Stock (FRPT) Bulls - TipRanks Fri, 20 Mar 2026 10
- FRPT: Freshpet Upgraded to Outperform by Oppenheimer | FRPT Stoc - GuruFocus Fri, 20 Mar 2026 14
- Freshpet (FRPT) Valuation Check After Recent Share Weakness And Premium P/E Multiple - simplywall.st Fri, 20 Mar 2026 06
- Freshpet (FRPT) Stock Drops Despite Market Gains: Important Facts to Note - Yahoo Finance Mon, 16 Mar 2026 22
- Freshpet Stock To $88? - Trefis Wed, 18 Mar 2026 13
- Freshpet (NASDAQ:FRPT) Upgraded at Oppenheimer - MarketBeat Fri, 20 Mar 2026 12
- NASDAQ: FRPT Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages Freshpet, Inc. (NASDAQ: FRPT) Investors to Contact the Firm - Business Wire Wed, 18 Mar 2026 21
- Oppenheimer upgrades Freshpet stock rating on growth outlook - Investing.com Fri, 20 Mar 2026 07
- Freshpet slides 7.1% as investors reassess 2026 growth outlook after recent analyst activity - Quiver Quantitative ue, 17 Mar 2026 15
- Is 21.1% Fall In Freshpet (FRPT) Stock A Buying Opportunity? - Trefis Wed, 18 Mar 2026 13
- Freshpet (NASDAQ:FRPT) Stock Price Down 3.4% - Should You Sell? - MarketBeat ue, 17 Mar 2026 18
- Freshpet to end claims that dog food is 'human grade' (FRPT:NASDAQ) - Seeking Alpha ue, 17 Mar 2026 16
- Freshpet, Inc. (FRPT) Price Target Raised to $98 at DA Davidson on Q4 Review - Yahoo Finance Sun, 15 Mar 2026 18
- Freshpet Stock Slides -19% With A 6-Day Losing Spree - Trefis Wed, 18 Mar 2026 11
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 1589 | — | — | Stock Award(Grant) at price 0.00 per share. | WEST DAVID JOHN | Director | — | 2026-03-10 00:00:00 | D |
| 1 | 1589 | — | — | Stock Award(Grant) at price 0.00 per share. | STEENECK CRAIG D | Director | — | 2026-03-10 00:00:00 | D |
| 2 | 1589 | — | — | Stock Award(Grant) at price 0.00 per share. | MCLEVISH TIMOTHY R | Director | — | 2026-03-10 00:00:00 | D |
| 3 | 1589 | — | — | Stock Award(Grant) at price 0.00 per share. | GEORGE WALTER N III | Director | — | 2026-03-10 00:00:00 | D |
| 4 | 1589 | — | — | Stock Award(Grant) at price 0.00 per share. | SCALZO JOSEPH E | Director | — | 2026-03-10 00:00:00 | D |
| 5 | 1589 | — | — | Stock Award(Grant) at price 0.00 per share. | BREWSTER DARYL G | Director | — | 2026-03-10 00:00:00 | D |
| 6 | 1589 | — | — | Stock Award(Grant) at price 0.00 per share. | BIEGGER DAVID | Director | — | 2026-03-10 00:00:00 | D |
| 7 | 1299 | — | — | Stock Award(Grant) at price 0.00 per share. | WALSH CATHAL | Officer | — | 2026-03-10 00:00:00 | D |
| 8 | 5456 | — | — | Stock Award(Grant) at price 0.00 per share. | MORRIS SCOTT JAMES | President | — | 2026-03-10 00:00:00 | D |
| 9 | 23688 | — | — | Stock Award(Grant) at price 0.00 per share. | CYR WILLIAM B. | Chief Executive Officer | — | 2026-03-10 00:00:00 | D |
Financials
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.21 | 0.01 | 0.21 | 0.21 |
| NormalizedEBITDA | 174.61M | 133.40M | 41.10M | -15.72M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 139.14M | 46.92M | -33.61M | -59.49M |
| ReconciledDepreciation | 89.72M | 73.61M | 58.52M | 34.55M |
| ReconciledCostOfRevenue | 652.39M | 579.22M | 516.02M | 409.31M |
| EBITDA | 174.61M | 133.40M | 41.10M | -15.72M |
| EBIT | 84.89M | 59.78M | -17.42M | -50.27M |
| NetInterestIncome | -4.90M | -394.00K | -1.07M | -3.50M |
| InterestExpense | 14.12M | 12.26M | 14.10M | 5.21M |
| InterestIncome | 9.22M | 11.87M | 13.03M | 1.71M |
| NormalizedIncome | 139.14M | 46.92M | -33.61M | -59.49M |
| NetIncomeFromContinuingAndDiscontinuedOperation | 139.14M | 46.92M | -33.61M | -59.49M |
| TotalExpenses | 1.03B | 937.18M | 797.34M | 647.33M |
| TotalOperatingIncomeAsReported | 75.67M | 38.00M | -30.45M | -51.98M |
| DilutedAverageShares | 56.04M | 50.26M | 48.16M | 46.19M |
| BasicAverageShares | 48.80M | 48.49M | 48.16M | 46.19M |
| DilutedEPS | 2.64 | 0.93 | -0.70 | -1.29 |
| BasicEPS | 2.85 | 0.97 | -0.70 | -1.29 |
| DilutedNIAvailtoComStockholders | 147.97M | 46.92M | -33.61M | -59.49M |
| AverageDilutionEarnings | 8.84M | 0.00 | ||
| NetIncomeCommonStockholders | 139.14M | 46.92M | -33.61M | -59.49M |
| NetIncome | 139.14M | 46.92M | -33.61M | -59.49M |
| NetIncomeIncludingNoncontrollingInterests | 139.14M | 46.92M | -33.61M | -59.49M |
| NetIncomeContinuousOperations | 139.14M | 46.92M | -33.61M | -59.49M |
| EarningsFromEquityInterestNetOfTax | 0.00 | 0.00 | -1.89M | -3.73M |
| TaxProvision | -68.36M | 598.00K | 210.00K | 282.00K |
| PretaxIncome | 70.77M | 47.52M | -31.51M | -55.48M |
| OtherIncomeExpense | 9.92M | 1.71M | 13.00K | |
| OtherNonOperatingIncomeExpenses | 1.71M | 13.00K | ||
| EarningsFromEquityInterest | 0.00 | 9.92M | 0.00 | 0.00 |
| NetNonOperatingInterestIncomeExpense | -4.90M | -394.00K | -1.07M | -3.50M |
| InterestExpenseNonOperating | 14.12M | 12.26M | 14.10M | 5.21M |
| InterestIncomeNonOperating | 9.22M | 11.87M | 13.03M | 1.71M |
| OperatingIncome | 75.67M | 38.00M | -30.45M | -51.98M |
| OperatingExpense | 373.95M | 357.96M | 281.32M | 238.02M |
| SellingGeneralAndAdministration | 373.95M | 357.96M | 281.32M | 238.02M |
| GrossProfit | 449.63M | 395.96M | 250.87M | 186.03M |
| CostOfRevenue | 652.39M | 579.22M | 516.02M | 409.31M |
| TotalRevenue | 1.10B | 975.18M | 766.89M | 595.34M |
| OperatingRevenue | 1.10B | 975.18M | 766.89M | 595.34M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TreasurySharesNumber | 14.00K | 14.00K | 14.00K | 14.00K |
| OrdinarySharesNumber | 48.97M | 48.70M | 48.26M | 48.04M |
| ShareIssued | 48.98M | 48.72M | 48.28M | 48.05M |
| NetDebt | 119.36M | 126.53M | 96.20M | |
| TotalDebt | 494.98M | 424.09M | 425.06M | 5.71M |
| TangibleBookValue | 1.21B | 1.06B | 953.45M | 1.03B |
| InvestedCapital | 1.61B | 1.45B | 1.35B | 1.03B |
| WorkingCapital | 357.12M | 338.13M | 338.10M | 172.35M |
| NetTangibleAssets | 1.21B | 1.06B | 953.45M | 1.03B |
| CapitalLeaseObligations | 97.65M | 28.93M | 31.98M | 5.71M |
| CommonStockEquity | 1.21B | 1.06B | 953.45M | 1.03B |
| TotalCapitalization | 1.61B | 1.45B | 1.35B | 1.03B |
| TotalEquityGrossMinorityInterest | 1.21B | 1.06B | 953.45M | 1.03B |
| StockholdersEquity | 1.21B | 1.06B | 953.45M | 1.03B |
| GainsLossesNotAffectingRetainedEarnings | 334.00K | -787.00K | -591.00K | 1.37M |
| OtherEquityAdjustments | 334.00K | -787.00K | -591.00K | 1.37M |
| TreasuryStock | 256.00K | 256.00K | 256.00K | 256.00K |
| RetainedEarnings | -142.67M | -281.81M | -328.73M | -295.12M |
| AdditionalPaidInCapital | 1.35B | 1.34B | 1.28B | 1.33B |
| CapitalStock | 49.00K | 49.00K | 48.00K | 48.00K |
| CommonStock | 49.00K | 49.00K | 48.00K | 48.00K |
| TotalLiabilitiesNetMinorityInterest | 569.12M | 519.52M | 510.97M | 93.81M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 490.52M | 420.65M | 421.75M | 4.20M |
| NonCurrentDeferredLiabilities | 93.00K | 0.00 | ||
| NonCurrentDeferredTaxesLiabilities | 93.00K | 0.00 | ||
| LongTermDebtAndCapitalLeaseObligation | 490.43M | 420.65M | 421.75M | 4.20M |
| LongTermCapitalLeaseObligation | 93.10M | 25.49M | 28.67M | 4.20M |
| LongTermDebt | 397.33M | 395.16M | 393.07M | |
| CurrentLiabilities | 78.59M | 98.87M | 89.22M | 89.61M |
| CurrentDebtAndCapitalLeaseObligation | 4.56M | 3.44M | 3.31M | 1.51M |
| CurrentCapitalLeaseObligation | 4.56M | 3.44M | 3.31M | 1.51M |
| PensionandOtherPostRetirementBenefitPlansCurrent | 8.03M | 34.55M | 19.31M | 8.56M |
| PayablesAndAccruedExpenses | 66.01M | 60.88M | 66.61M | 79.55M |
| CurrentAccruedExpenses | 23.58M | 21.71M | 30.51M | 24.46M |
| InterestPayable | 3.02M | 3.02M | 3.02M | 922.00K |
| Payables | 42.43M | 39.16M | 36.10M | 55.09M |
| AccountsPayable | 42.43M | 39.16M | 36.10M | 55.09M |
| TotalAssets | 1.78B | 1.57B | 1.46B | 1.13B |
| TotalNonCurrentAssets | 1.34B | 1.14B | 1.04B | 863.42M |
| OtherNonCurrentAssets | 34.51M | 34.15M | 28.90M | 28.43M |
| NonCurrentPrepaidAssets | 3.82M | 4.10M | ||
| NonCurrentDeferredAssets | 68.89M | 0.00 | ||
| NonCurrentDeferredTaxesAssets | 68.89M | 0.00 | ||
| InvestmentsAndAdvances | 33.45M | 33.45M | 23.53M | 25.42M |
| InvestmentinFinancialAssets | 33.45M | 33.45M | 23.53M | 0.00 |
| AvailableForSaleSecurities | 33.45M | 33.45M | 23.53M | |
| LongTermEquityInvestment | 0.00 | 25.42M | 25.86M | |
| NetPPE | 1.21B | 1.07B | 984.67M | 809.57M |
| AccumulatedDepreciation | -338.00M | -265.27M | -199.50M | -145.29M |
| GrossPPE | 1.54B | 1.34B | 1.18B | 954.86M |
| Leases | 5.16M | 12.00K | 1.32M | 1.32M |
| ConstructionInProgress | 130.56M | 105.57M | 189.85M | 138.16M |
| OtherProperties | 313.85M | 225.09M | 200.76M | 143.04M |
| MachineryFurnitureEquipment | 363.35M | 292.66M | 257.24M | 213.54M |
| BuildingsAndImprovements | 730.30M | 712.21M | 535.00M | 458.80M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 435.71M | 437.00M | 427.32M | 261.96M |
| OtherCurrentAssets | 7.40M | 3.13M | 2.84M | 3.59M |
| PrepaidAssets | 9.81M | 16.03M | 7.62M | 9.78M |
| Inventory | 76.77M | 80.79M | 63.24M | 58.29M |
| InventoriesAdjustmentsAllowances | 0.00 | -143.00K | -292.00K | |
| FinishedGoods | 55.67M | 57.21M | 41.58M | 31.64M |
| RawMaterials | 21.09M | 23.59M | 21.66M | 26.79M |
| Receivables | 63.76M | 68.42M | 56.75M | 57.57M |
| AccountsReceivable | 63.76M | 68.42M | 56.75M | 57.57M |
| CashCashEquivalentsAndShortTermInvestments | 277.98M | 268.63M | 296.87M | 132.74M |
| CashAndCashEquivalents | 277.98M | 268.63M | 296.87M | 132.74M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 12.38M | -32.80M | -163.15M | -273.30M |
| RepaymentOfDebt | -2.12M | -1.98M | -1.11M | -78.00M |
| IssuanceOfDebt | 0.00 | 0.00 | 393.52M | 78.00M |
| IssuanceOfCapitalStock | 0.00 | 0.00 | 337.51M | 332.17M |
| CapitalExpenditure | -148.18M | -187.09M | -239.09M | -230.07M |
| InterestPaidSupplementalData | 11.52M | 10.15M | 10.15M | 3.15M |
| IncomeTaxPaidSupplementalData | 910.00K | 193.00K | 308.00K | 297.00K |
| EndCashPosition | 277.98M | 268.63M | 296.87M | 132.74M |
| BeginningCashPosition | 268.63M | 296.87M | 132.74M | 72.79M |
| ChangesInCash | 9.34M | -28.24M | 164.14M | 59.95M |
| FinancingCashFlow | -3.04M | 4.57M | 327.29M | 336.54M |
| CashFlowFromContinuingFinancingActivities | -3.04M | 4.57M | 327.29M | 336.54M |
| NetOtherFinancingCharges | -3.02M | -2.60M | -69.64M | -1.44M |
| ProceedsFromStockOptionExercised | 2.11M | 9.14M | 4.52M | 471.00K |
| NetCommonStockIssuance | 0.00 | 0.00 | 337.51M | 332.17M |
| CommonStockIssuance | 0.00 | 0.00 | 337.51M | 332.17M |
| NetIssuancePaymentsOfDebt | -2.12M | -1.98M | 392.41M | 0.00 |
| NetShortTermDebtIssuance | 0.00 | 0.00 | 0.00 | 0.00 |
| ShortTermDebtPayments | 0.00 | 0.00 | -78.00M | 0.00 |
| ShortTermDebtIssuance | 0.00 | 0.00 | 78.00M | 0.00 |
| NetLongTermDebtIssuance | -2.12M | -1.98M | 392.41M | 0.00 |
| LongTermDebtPayments | -2.12M | -1.98M | -1.11M | 0.00 |
| LongTermDebtIssuance | 0.00 | 0.00 | 393.52M | 0.00 |
| InvestingCashFlow | -148.18M | -187.09M | -239.09M | -233.36M |
| CashFlowFromContinuingInvestingActivities | -148.18M | -187.09M | -239.09M | -233.36M |
| NetInvestmentPurchaseAndSale | 0.00 | 0.00 | 0.00 | 0.00 |
| SaleOfInvestment | 0.00 | 0.00 | 113.44M | 19.84M |
| PurchaseOfInvestment | 0.00 | 0.00 | -113.44M | -19.84M |
| NetBusinessPurchaseAndSale | 0.00 | 0.00 | -3.29M | 0.00 |
| PurchaseOfBusiness | 0.00 | 0.00 | -3.29M | 0.00 |
| NetPPEPurchaseAndSale | -148.18M | -187.09M | -239.09M | -230.07M |
| PurchaseOfPPE | -148.18M | -187.09M | -239.09M | -230.07M |
| OperatingCashFlow | 160.56M | 154.29M | 75.94M | -43.23M |
| CashFlowFromContinuingOperatingActivities | 160.56M | 154.29M | 75.94M | -43.23M |
| ChangeInWorkingCapital | -32.24M | -13.68M | 14.28M | -54.11M |
| ChangeInOtherCurrentLiabilities | -1.68M | -1.47M | -1.81M | -1.38M |
| ChangeInOtherCurrentAssets | -4.11M | -5.06M | -4.05M | -3.14M |
| ChangeInPayablesAndAccruedExpense | -22.09M | 20.30M | 22.78M | 10.02M |
| ChangeInAccruedExpense | -23.40M | 7.81M | 19.24M | 13.08M |
| ChangeInPayable | 1.31M | 12.48M | 3.54M | -3.06M |
| ChangeInAccountPayable | 1.31M | 12.48M | 3.54M | -3.06M |
| ChangeInPrepaidAssets | -1.31M | 269.00K | -2.25M | -435.00K |
| ChangeInInventory | 3.82M | -15.48M | -1.21M | -26.17M |
| ChangeInReceivables | -6.88M | -12.23M | 820.00K | -32.99M |
| ChangesInAccountReceivables | -6.88M | -12.23M | 820.00K | -32.99M |
| OtherNonCashItems | 4.51M | 3.44M | 5.61M | 2.17M |
| StockBasedCompensation | 13.88M | 51.81M | 24.93M | 26.09M |
| ProvisionandWriteOffofAssets | 12.13M | 814.00K | -2.00K | 3.44M |
| AssetImpairmentCharge | 3.46M | 349.00K | ||
| DeferredTax | -68.80M | 0.00 | 0.00 | |
| DeferredIncomeTax | -68.80M | 0.00 | 0.00 | |
| DepreciationAmortizationDepletion | 89.72M | 73.61M | 58.52M | 34.55M |
| DepreciationAndAmortization | 89.72M | 73.61M | 58.52M | 34.55M |
| OperatingGainsLosses | 2.21M | -8.63M | 6.21M | 4.13M |
| EarningsLossesFromEquityInvestments | 0.00 | 0.00 | 1.89M | 3.73M |
| GainLossOnInvestmentSecurities | -9.92M | |||
| GainLossOnSaleOfPPE | 2.21M | 1.28M | 4.32M | 396.00K |
| NetIncomeFromContinuingOperations | 139.14M | 46.92M | -33.61M | -59.49M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for FRPT
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|