Freshpet Inc (FRPT) - Net Assets
Based on the latest financial reports, Freshpet Inc (FRPT) has net assets worth $1.21 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.78 Billion) and total liabilities ($569.12 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Freshpet Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.21 Billion |
| % of Total Assets | 67.99% |
| Annual Growth Rate | N/A |
| 5-Year Change | 67.93% |
| 10-Year Change | 1021.39% |
| Growth Volatility | 58.01 |
Freshpet Inc - Net Assets Trend (2012–2025)
This chart illustrates how Freshpet Inc's net assets have evolved over time, based on quarterly financial data. Also explore FRPT current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Freshpet Inc (2012–2025)
The table below shows the annual net assets of Freshpet Inc from 2012 to 2025. For live valuation and market cap data, see market cap of Freshpet Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.21 Billion | +14.53% |
| 2024-12-31 | $1.06 Billion | +10.69% |
| 2023-12-31 | $953.45 Million | -7.57% |
| 2022-12-31 | $1.03 Billion | +43.32% |
| 2021-12-31 | $719.75 Million | +82.60% |
| 2020-12-31 | $394.17 Million | +200.28% |
| 2019-12-31 | $131.26 Million | +8.06% |
| 2018-12-31 | $121.47 Million | +3.91% |
| 2017-12-31 | $116.90 Million | +8.46% |
| 2016-12-31 | $107.78 Million | +3.69% |
| 2015-12-31 | $103.95 Million | +0.54% |
| 2014-12-31 | $103.39 Million | +446.19% |
| 2013-12-31 | $-29.87 Million | -110.50% |
| 2012-12-31 | $-14.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Freshpet Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1683752100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $49.00K | 0.00% |
| Other Comprehensive Income | $334.00K | 0.03% |
| Other Components | $1.35 Billion | 111.77% |
| Total Equity | $1.21 Billion | 100.00% |
Freshpet Inc Competitors by Market Cap
The table below lists competitors of Freshpet Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Betta Pharmaceuticals Co Ltd
SHE:300558
|
$3.20 Billion |
|
Shufersal
TA:SAE
|
$3.20 Billion |
|
North Navigation Control Technology Co Ltd
SHG:600435
|
$3.20 Billion |
|
SunocoCorp LLC
NYSE:SUNC
|
$3.20 Billion |
|
National Beverage Corp
NASDAQ:FIZZ
|
$3.19 Billion |
|
Hebei Huatong Wires and Cables Group Co. Ltd.
SHG:605196
|
$3.19 Billion |
|
WYNN MACAU LTD ADR/10
F:8WY0
|
$3.19 Billion |
|
Ventia Services Group Ltd
AU:VNT
|
$3.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Freshpet Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,055,360,000 to 1,208,659,000, a change of 153,299,000 (14.5%).
- Net income of 139,137,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,121,000.
- Other factors increased equity by 13,041,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $139.14 Million | +11.51% |
| Other Comprehensive Income | $1.12 Million | +0.09% |
| Other Changes | $13.04 Million | +1.08% |
| Total Change | $- | 14.53% |
Book Value vs Market Value Analysis
This analysis compares Freshpet Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.02x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $-1.37 | $65.15 | x |
| 2013-12-31 | $-1.44 | $65.15 | x |
| 2014-12-31 | $7.58 | $65.15 | x |
| 2015-12-31 | $3.08 | $65.15 | x |
| 2016-12-31 | $3.20 | $65.15 | x |
| 2017-12-31 | $3.39 | $65.15 | x |
| 2018-12-31 | $3.44 | $65.15 | x |
| 2019-12-31 | $3.65 | $65.15 | x |
| 2020-12-31 | $9.91 | $65.15 | x |
| 2021-12-31 | $16.77 | $65.15 | x |
| 2022-12-31 | $22.33 | $65.15 | x |
| 2023-12-31 | $19.80 | $65.15 | x |
| 2024-12-31 | $21.00 | $65.15 | x |
| 2025-12-31 | $21.57 | $65.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Freshpet Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.51%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.63%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.47x
- Recent ROE (11.51%) is above the historical average (-3.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | -42.87% | 0.99x | 0.00x | $-17.24 Million |
| 2013 | 0.00% | -34.34% | 1.01x | 0.00x | $-18.70 Million |
| 2014 | -36.11% | -43.04% | 0.77x | 1.09x | $-47.68 Million |
| 2015 | -3.57% | -3.19% | 1.03x | 1.09x | $-14.11 Million |
| 2016 | -2.93% | -2.38% | 1.05x | 1.17x | $-13.94 Million |
| 2017 | -3.65% | -2.73% | 1.17x | 1.15x | $-15.95 Million |
| 2018 | -4.41% | -2.77% | 1.38x | 1.15x | $-17.51 Million |
| 2019 | -1.05% | -0.56% | 1.04x | 1.80x | $-14.51 Million |
| 2020 | -0.81% | -1.00% | 0.73x | 1.10x | $-42.60 Million |
| 2021 | -4.13% | -6.98% | 0.54x | 1.09x | $-101.67 Million |
| 2022 | -5.77% | -9.99% | 0.53x | 1.09x | $-162.65 Million |
| 2023 | -3.53% | -4.38% | 0.52x | 1.54x | $-128.96 Million |
| 2024 | 4.45% | 4.81% | 0.62x | 1.49x | $-58.61 Million |
| 2025 | 11.51% | 12.63% | 0.62x | 1.47x | $18.27 Million |
Industry Comparison
This section compares Freshpet Inc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,624,053,735
- Average return on equity (ROE) among peers: -70.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Freshpet Inc (FRPT) | $1.21 Billion | 0.00% | 0.47x | $3.20 Billion |
| Above Food Ingredients Inc. Common Stock (ABVE) | $-46.26 Million | 0.00% | 0.00x | $27.34 Million |
| Agape ATP Corporation Common Stock (ATPC) | $4.98 Million | -10.43% | 0.03x | $2.34 Million |
| B&G Foods Inc (BGS) | $49.99 Million | 30.34% | 10.00x | $441.46 Million |
| BranchOut Food Inc. Common Stock (BOF) | $2.21 Million | -177.60% | 0.41x | $52.64 Million |
| Bellring Brands LLC (BRBR) | $451.70 Million | 21.28% | 0.24x | $1.82 Billion |
| BRC Inc. (BRCC) | $46.51 Million | -36.00% | 4.07x | $124.97 Million |
| BRF SA ADR (BRFS) | $15.69 Billion | 14.18% | 1.30x | $5.38 Billion |
| Bridgford Foods Corporation (BRID) | $36.90 Million | 17.89% | 0.43x | $68.08 Million |
| Borealis Foods Inc. (BRLS) | $4.64 Million | -566.46% | 12.96x | $32.41 Million |
| Better Choice Company Inc (BTTR) | $-80.79K | 0.00% | 0.00x | $5.13 Million |
About Freshpet Inc
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 refrigera… Read more