Freshpet, Inc.
Close on Oct 19, 2026
- Market cap
- $3.69B
- P/E (TTM)
- 17.6
- Dividend yield
- –
About Freshpet
Grain Mill Products, SIC 2040
Freshpet, Inc. manufactures, markets, and distributes refrigerated dog and cat foods as well as dog treats across North America and select European markets. Operating through a single business segment, the company develops fresh, natural pet food recipes made with meats, vegetables, fruits, and grains without artificial additives or preservatives. Its offerings are commercialized under the Freshpet brand, along with treat labels such as Dognation and Dog Joy, targeting pet owners seeking fresh dietary options. Products are sold to retail consumers through grocery, mass, club, pet specialty, and digital channels.
The company delivers its products primarily via dedicated in-store refrigerated displays, operating a network across approximately 30,235 retail stores with total display capacity exceeding 2.1 million cubic feet. Manufacturing takes place predominantly across company-owned facilities in Bethlehem, Pennsylvania, and Ennis, Texas, supplemented by production in Europe. The company is headquartered in Bedminster, New Jersey.
Summary of the business section of Freshpet's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Freshpet, Inc.
- Founded
- 2004
- Headquarters
- Bedminster, NJ
- Address
- 1450 Us-206 07921
- Phone
- (201) 520-4000
- Website
- freshpet.com
- Employees
- 1,288, Dec 31, 2025
- Industry
- Grain Mill Products
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Short Hills, New Jersey
Stock & identifiers
- Ticker
- FRPT
- Exchange
- Nasdaq
- IPO date
- Nov 10, 2014
- Shares outstanding
- 48M, Jul 31, 2026
- Public float
- $3.30B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1611647
- CUSIP
- 358039105
- ISIN
- US3580391056
- LEI
- 549300S4ZK8ZQ6HNPN59
- EIN
- 20-1884894
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| William B. Cyr | Chief Executive Officer, Director | 604,105 |
| Nicola J. Baty | Chief Operating Officer | 36,611 |
| Nishu D. Patel | Chief Accounting Officer | 3,581 |
| Scott James Morris | President | 230,356 |
| Cathal Walsh | SVP-Managing Director, Europe | 6,597 |
| Thembeka Machaba | Chief Human Resources Officer | 9,893 |
| Lisa Axt Alexander | GC & Corp. Sec. | 3,775 |
| John Gregory O'Connor | Chief Financial Officer | 12,314 |
| Ivan Garcia | Interim CFO | 9,527 |
| Todd E. Cunfer | Chief Financial Officer | 36,871 |
| Walter N. George | Director | 51,746 |
| Craig D. Steeneck | Director | 37,500 |
| Daryl G. Brewster | Director | 59,545 |
| Jacki Sue Kelley | Director | 14,496 |
| David Biegger | Director | 8,178 |
| Timothy R. McLevish | Director | 39,879 |
| Joseph Scalzo | Director | 5,629 |
| Lauri Kien Kotcher | Director | 5,067 |
| Leta D. Priest | Director | 13,756 |
| Olufunlayo Olurinde Fajemirokun-Beck | Director | 11,204 |
| David J. West | Director | 5,953 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr.Cyr | $12.51M | $5.50M | $2.76M | $43 | $80 |
| FY2024 Mr.Cyr | $2.27M | $9.69M | $2.08M | $104 | $93 |
| FY2023 Mr.Cyr | $1.61M | $6.53M | $1.03M | $61 | $104 |
| FY2022 Mr.Cyr | $914.92K | -$2.71M | $980.23K | $37 | $81 |
| FY2021 Mr.Cyr | $765.04K | -$7.07M | $522.69K | $67 | $99 |
| FY2020 Mr.Cyr | $15.86M | $24.40M | $6.54M | $240 | $154 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 1,288 employees located primarily in Bethlehem, PA, Ennis, TX, Bedminster, NJ and Europe.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Nov 10, 2014 | IPO | Initial public offering priced (424B4 prospectus) |
| Nov 5, 2014 | Listing | Registration of securities on an exchange (Form 8-A) |