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Freshpet (Freshpet) Retained Earnings : $-310.1 Mil (As of Mar. 2024)


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What is Freshpet Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Freshpet's retained earnings for the quarter that ended in Mar. 2024 was $-310.1 Mil.

Freshpet's quarterly retained earnings increased from Sep. 2023 ($-344.0 Mil) to Dec. 2023 ($-328.7 Mil) and increased from Dec. 2023 ($-328.7 Mil) to Mar. 2024 ($-310.1 Mil).

Freshpet's annual retained earnings declined from Dec. 2021 ($-235.6 Mil) to Dec. 2022 ($-295.1 Mil) and declined from Dec. 2022 ($-295.1 Mil) to Dec. 2023 ($-328.7 Mil).


Freshpet Retained Earnings Historical Data

The historical data trend for Freshpet's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Freshpet Retained Earnings Chart

Freshpet Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -202.74 -205.92 -235.62 -295.12 -328.73

Freshpet Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -319.90 -336.86 -344.02 -328.73 -310.13

Freshpet Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Freshpet  (NAS:FRPT) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Freshpet (Freshpet) Business Description

Traded in Other Exchanges
Address
400 Plaza Drive, 1st Floor, Secaucus, NJ, USA, 07094
Freshpet Inc manufactures and markets natural fresh meals and treats for dogs and cats. The Company's products are distributed throughout the United States, Canada and other international markets, into major retail classes including Grocery (including online), Mass and Club, Pet Specialty, and Natural retail. The company's products include Nature's Fresh, Deli Fresh, Vital, and Freshpet among others.
Executives
Stephen Macchiaverna officer: EVP, Secretary & Treasurer C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Nishu D. Patel officer: Vice President and Controller C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Walter N. George director 4100 N. MULBERRY DRIVE, SUITE 200, KANSAS CITY MO 64116
David J West director 100 CRYSTAL A DRIVE, HERSHEY PA 17033
David Biegger director ONE CAMPBELL PLACE, CAMDEN NJ 08103
Cathal Walsh officer: See Remarks C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Todd E Cunfer officer: Chief Financial Officer 1225 17TH STREET, SUITE 1000, DENVER CO 80202
Stephen Weise officer: EVp of Manufg & Supply Chain C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
J David Basto director C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Charles A Norris director, 10 percent owner 481 DENSLOW AVE, LOS ANGELES CA 90049
William B. Cyr officer: Chief Executive Officer C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Scott James Morris officer: Chief Marketing Officer C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Ivan Garcia officer: VP of Finance & Controller C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Craig D. Steeneck director 13665 VANDERBILT DRIVE, UNIT 704, NAPLES FL 34110
Daryl G Brewster director KRISPY KREME DOUGHNUTS, INC., 370 KNOLLWOOD STREET, SUITE 500, WINSTON-SALEM NC 27103