Freshpet, Inc.

NasdaqGM:FRPT Stock Report

Market Cap: US$6.9b

Freshpet Management

Management criteria checks 4/4

Freshpet's CEO is Billy Cyr, appointed in Sep 2016, has a tenure of 8.25 years. total yearly compensation is $1.61M, comprised of 38.4% salary and 61.6% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth $10.94M. The average tenure of the management team and the board of directors is 4.3 years and 5.5 years respectively.

Key information

Billy Cyr

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage38.4%
CEO tenure8.3yrs
CEO ownership0.2%
Management average tenure4.3yrs
Board average tenure5.5yrs

Recent management updates

Recent updates

Freshpet, Inc. (NASDAQ:FRPT) Shares Could Be 46% Below Their Intrinsic Value Estimate

Nov 30
Freshpet, Inc. (NASDAQ:FRPT) Shares Could Be 46% Below Their Intrinsic Value Estimate

Freshpet: Happy Pets, Happy Investors

Nov 29

There May Be Underlying Issues With The Quality Of Freshpet's (NASDAQ:FRPT) Earnings

Nov 12
There May Be Underlying Issues With The Quality Of Freshpet's (NASDAQ:FRPT) Earnings

Returns Are Gaining Momentum At Freshpet (NASDAQ:FRPT)

Oct 29
Returns Are Gaining Momentum At Freshpet (NASDAQ:FRPT)

These 4 Measures Indicate That Freshpet (NASDAQ:FRPT) Is Using Debt Reasonably Well

Oct 14
These 4 Measures Indicate That Freshpet (NASDAQ:FRPT) Is Using Debt Reasonably Well

Freshpet: Building A Tasty Competitive Edge To Strengthen Growth And Profitability

Sep 18

Is Now An Opportune Moment To Examine Freshpet, Inc. (NASDAQ:FRPT)?

Sep 11
Is Now An Opportune Moment To Examine Freshpet, Inc. (NASDAQ:FRPT)?

Freshpet's Profits Are Growing, But Its Stock Is Overvalued

Sep 02

Getting In Cheap On Freshpet, Inc. (NASDAQ:FRPT) Might Be Difficult

Aug 23
Getting In Cheap On Freshpet, Inc. (NASDAQ:FRPT) Might Be Difficult

Freshpet, Inc. (NASDAQ:FRPT) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

Aug 08
Freshpet, Inc. (NASDAQ:FRPT) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

A Look At The Intrinsic Value Of Freshpet, Inc. (NASDAQ:FRPT)

Jul 16
A Look At The Intrinsic Value Of Freshpet, Inc. (NASDAQ:FRPT)

Freshpet: Anticipating Strong Growth And Positive Earnings In 2024 (Upgrade)

Jul 01

Freshpet (NASDAQ:FRPT) Seems To Use Debt Quite Sensibly

Jun 30
Freshpet (NASDAQ:FRPT) Seems To Use Debt Quite Sensibly

Returns On Capital Are Showing Encouraging Signs At Freshpet (NASDAQ:FRPT)

Jun 13
Returns On Capital Are Showing Encouraging Signs At Freshpet (NASDAQ:FRPT)

What Does Freshpet, Inc.'s (NASDAQ:FRPT) Share Price Indicate?

May 28
What Does Freshpet, Inc.'s (NASDAQ:FRPT) Share Price Indicate?

There May Be Underlying Issues With The Quality Of Freshpet's (NASDAQ:FRPT) Earnings

May 13
There May Be Underlying Issues With The Quality Of Freshpet's (NASDAQ:FRPT) Earnings

With Freshpet, Inc. (NASDAQ:FRPT) It Looks Like You'll Get What You Pay For

Apr 26
With Freshpet, Inc. (NASDAQ:FRPT) It Looks Like You'll Get What You Pay For

Freshpet, Inc. (NASDAQ:FRPT) Analysts Are Pretty Bullish On The Stock After Recent Results

Feb 29
Freshpet, Inc. (NASDAQ:FRPT) Analysts Are Pretty Bullish On The Stock After Recent Results

Freshpet (NASDAQ:FRPT) Is Making Moderate Use Of Debt

Feb 20
Freshpet (NASDAQ:FRPT) Is Making Moderate Use Of Debt

Short Freshpet: Replaceable Product, No Moat

Feb 12

Why Investors Shouldn't Be Surprised By Freshpet, Inc.'s (NASDAQ:FRPT) P/S

Dec 28
Why Investors Shouldn't Be Surprised By Freshpet, Inc.'s (NASDAQ:FRPT) P/S

Freshpet: Shares Haven't Fallen Enough Yet

Sep 21

Freshpet: Zombie Stock #2 - Could Fall Further As Fed Raises Rates

Jun 30

CEO Compensation Analysis

How has Billy Cyr's remuneration changed compared to Freshpet's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$44m

Jun 30 2024n/an/a

US$25m

Mar 31 2024n/an/a

US$10m

Dec 31 2023US$2mUS$620k

-US$34m

Sep 30 2023n/an/a

-US$52m

Jun 30 2023n/an/a

-US$63m

Mar 31 2023n/an/a

-US$67m

Dec 31 2022US$915kUS$620k

-US$59m

Sep 30 2022n/an/a

-US$66m

Jun 30 2022n/an/a

-US$49m

Mar 31 2022n/an/a

-US$36m

Dec 31 2021US$885kUS$600k

-US$30m

Sep 30 2021n/an/a

-US$24m

Jun 30 2021n/an/a

-US$18m

Mar 31 2021n/an/a

-US$10m

Dec 31 2020US$16mUS$600k

-US$3m

Sep 30 2020n/an/a

US$5m

Jun 30 2020n/an/a

US$4m

Mar 31 2020n/an/a

-US$2m

Dec 31 2019US$1mUS$600k

-US$1m

Sep 30 2019n/an/a

-US$4m

Jun 30 2019n/an/a

-US$7m

Mar 31 2019n/an/a

-US$5m

Dec 31 2018US$1mUS$600k

-US$5m

Sep 30 2018n/an/a

-US$6m

Jun 30 2018n/an/a

-US$6m

Mar 31 2018n/an/a

-US$5m

Dec 31 2017US$1mUS$600k

-US$4m

Compensation vs Market: Billy's total compensation ($USD1.61M) is below average for companies of similar size in the US market ($USD8.00M).

Compensation vs Earnings: Billy's compensation has been consistent with company performance over the past year.

CEO

Billy Cyr (61 yo)

8.3yrs

Tenure

US$1,613,885

Compensation

Mr. William B. Cyr, also known as Billy, has been Chief Executive Officer of Freshpet, Inc. since September 6, 2016. Mr. Cyr joined Freshpet with experience in key consumer packaged foods leadership roles...

Leadership Team

NamePositionTenureCompensationOwnership
William Cyr
CEO & Executive Director8.3yrsUS$1.61m0.16%
$ 10.9m
Scott Morris
Co-Founder & President18.9yrsUS$1.07m0.25%
$ 17.3m
Cathal Walsh
Co-Founder18.9yrsUS$805.87k0.013%
$ 889.5k
Todd Cunfer
Chief Financial Officer2yrsUS$1.62m0.024%
$ 1.7m
Thembeka Machaba
Chief Human Resources Officer4.3yrsUS$608.56k0%
$ 0
Nicola Baty
Chief Operating Officerless than a yearno datano data
Nishu Patel
Chief Accounting Officerless than a yearno data0.0048%
$ 327.4k
Jay Dahlgren
Executive VP of Manufacturing1.9yrsno datano data
Christopher Kraus
Chief Information Officer1.5yrsno datano data
Rachel Perkins-Ulsh
Vice President of Investor Relationsno datano datano data
Thomas Farina
Senior Vice President of Sales11.9yrsno datano data
Michael Hieger
Senior Vice President of Engineering10.9yrsno datano data

4.3yrs

Average Tenure

53.5yo

Average Age

Experienced Management: FRPT's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
William Cyr
CEO & Executive Director8.3yrsUS$1.61m0.16%
$ 10.9m
Craig Steeneck
Independent Director10.1yrsUS$191.23k0.061%
$ 4.2m
Timothy McLevish
Independent Director1.3yrsUS$141.54k0.053%
$ 3.6m
David West
Independent Director1.4yrsUS$146.66k0.0038%
$ 259.4k
Joseph Scalzo
Independent Director1.3yrsUS$141.54k0.0031%
$ 214.1k
Walter George
Independent Chairman of the Board10.1yrsUS$184.14k0.082%
$ 5.6m
Daryl Brewster
Independent Director13.9yrsUS$188.35k0.11%
$ 7.7m
Jackie Sue Kelley
Independent Director5.8yrsUS$183.31k0.018%
$ 1.2m
David Biegger
Independent Director1.6yrsUS$158.75k0.0039%
$ 264.9k
Lauri Kien Kotcher
Independent Directorless than a yearno data0%
$ 0
Leta Priest
Independent Director6.3yrsUS$181.78k0.020%
$ 1.4m
Olufunlayo Fajemirokun-Beck
Independent Director5.2yrsUS$181.85k0.013%
$ 917.0k

5.5yrs

Average Tenure

64.5yo

Average Age

Experienced Board: FRPT's board of directors are considered experienced (5.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 07:33
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Freshpet, Inc. is covered by 35 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Edward LewisAtlantic Equities LLP
Peter BenedictBaird
Ishan MajumdarBaptista Research