Freshpet vs J&J Snack Foods
Add, change or remove companies; up to four.
KIRAβs take AI analyst
I put Freshpet and J&J Snack Foods side by side, using each oneβs latest annual report. Here is what stands out:
- J&J Snack Foods is the larger business, with $1.6B of revenue in fiscal 2025 against $1.1B for Freshpet.
- Freshpet grew revenue faster (13.0%, against 0.5%).
- Freshpet kept more of each dollar of sales as operating profit (6.9% operating margin, against 5.3%).
- J&J Snack Foods turned more of its sales into free cash flow (5.2% FCF margin, against 1.1%).
- J&J Snack Foods earned a higher return on the capital invested in it (7.3%, against 5.9%).
- Investors pay more for each dollar of J&J Snack Foodsβs earnings: a P/E of 32.1x against 16.9x for Freshpet.
Who comes out ahead
Of the 11 measures where higher (or lower) is clearly better, how many each company leads.
Freshpet
FRPT
7/11
Revenue growth5-year growthGross marginOperating marginNet marginReturn on equityPiotroski F-score
J&J Snack Foods
JJSF
4/11
FCF marginReturn on capitalNet debt / EBITDAShare count change
Side by side
Best in the row
| Latest fiscal year | FRPT FY25 | JJSF FY25 |
|---|---|---|
| Size | ||
| Market cap | $3.6B | $1.6B |
| Revenue | $1.1B | $1.6B |
| Free cash flow | $12.4M | $82.3M |
| Net income | $139M | $65.6M |
| Growth | ||
| Revenue growth | 13.0% | 0.5% |
| 5-year growth | 28.2% | 9.2% |
| Share count change | 11.5% | 0.5% |
| Profitability | ||
| Gross margin | 40.8% | 29.7% |
| Operating margin | 6.9% | 5.3% |
| Net margin | 12.6% | 4.1% |
| FCF margin | 1.1% | 5.2% |
| Return on capital | 5.9% | 7.3% |
| Return on equity | 12.3% | 6.8% |
| Balance sheet | ||
| Net debt | $150M | β$104M |
| Net debt / EBITDA | 0.9x | β0.7x |
| Dividends and buybacks | $0.0M | $68.8M |
| Valuation & quality | ||
| P/E | 16.9x | 32.1x |
| Piotroski F-score | 8 | 4 |
Ten years
Revenue
Operating margin
Free cash flow
Return on capital
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.

