VITL - Vital Farms, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$21.33
DETAILS
HIGH:
$52.00
LOW:
$10.00
MEDIAN:
$13.00
CONSENSUS:
$21.33
UPSIDE:
110.56%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| Revenue | 759.4 | 606.3 | 471.9 | 362.1 | 260.9 | 214.3 | 140.7 | 106.7 | 74 |
| Cost of Revenue | 473.8 | 376.4 | 309.5 | 252.6 | 178.0 | 139.8 | 97.9 | 71.9 | 55.6 |
| Gross Profit | 285.7 | 229.9 | 162.3 | 109.4 | 82.9 | 74.5 | 42.9 | 34.8 | 18.4 |
| Operating Expenses | |||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 197.3 | 166.4 | 129.1 | 107.3 | 82.8 | 62.3 | 39.5 | 28.1 | 20.0 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 197.3 | 166.4 | 129.1 | 107.3 | 82.8 | 62.3 | 39.5 | 28.1 | 20.0 |
| Operating Income | |||||||||
| Operating Income | 88.4 | 63.6 | 33.3 | 2.1 | 0.1 | 12.2 | 3.4 | 6.8 | (1.6) |
| Interest Expense | 0.9 | 1.0 | 0.8 | 0.1 | 0.1 | 0.5 | 0.3 | 0.4 | 0.5 |
| Interest Income | 5.0 | 5.2 | 2.5 | 1.0 | 0.4 | 0.1 | 0 | 0 | 0 |
| Profitability | |||||||||
| EBITDA | 106.7 | 81.6 | 40.9 | 8.4 | 3.9 | 14.7 | 6.7 | 8.2 | (0.8) |
| EBIT | 92.1 | 68.5 | 33.0 | 2.9 | 0.4 | 12.1 | 4.8 | 6.8 | (1.6) |
| Income Before Tax | 91.3 | 67.5 | 32.2 | 2.8 | 0.4 | 11.7 | 4.4 | 6.4 | (2.1) |
| Income Tax Expense | 25.0 | 14.2 | 6.6 | 1.6 | (2.0) | 2.8 | 1.1 | 0.7 | 0.0 |
| Net Income | 66.3 | 53.4 | 25.6 | 1.3 | 2.4 | 8.8 | 2.4 | 5.8 | (1.9) |
| Per Share Data | |||||||||
| EPS (Basic) | 1.49 | 1.25 | 0.62 | 0.03 | 0.06 | 0.31 | 0.07 | 0.17 | -0.06 |
| EPS (Diluted) | 1.44 | 1.18 | 0.59 | 0.03 | 0.06 | 0.27 | 0.06 | 0.16 | -0.06 |
| Shares Outstanding | 44.6 | 42.8 | 41.2 | 40.6 | 40.0 | 28.7 | 34.1 | 34.1 | 34.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 48.8 | 150.6 | 84.1 | 12.9 | 31.0 | 29.5 | 1.3 | 11.8 |
| Short-Term Investments | 64.5 | 9.7 | 32.7 | 65.8 | 68.6 | 68.4 | 0 | 0 |
| Net Receivables | 67.8 | 54.3 | 39.7 | 38.9 | 26.9 | 22.5 | 17.7 | 10.3 |
| Inventory | 66.5 | 23.7 | 32.9 | 26.8 | 10.9 | 12.9 | 12.9 | 3.9 |
| Other Current Assets | 14.9 | 7.7 | 6.1 | 5.1 | 0.3 | 0 | 0 | 0 |
| Total Current Assets | 262.6 | 246.0 | 195.5 | 149.6 | 141.3 | 137.3 | 34.6 | 27.1 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 241.0 | 104.1 | 75.8 | 61.0 | 44.6 | 30.1 | 22.5 | 18.7 |
| Goodwill | 15.2 | 3.9 | 3.9 | 4.0 | 3.9 | 3.9 | 3.9 | 3.9 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 3.9 | 0.0 | 0 | 0.1 | 0.1 | 1.0 | 0.2 |
| Total Non-Current Assets | 256.2 | 113.3 | 79.7 | 65.1 | 48.7 | 34.1 | 27.3 | 22.8 |
| Total Assets | 518.7 | 359.3 | 275.2 | 214.7 | 189.9 | 171.4 | 61.9 | 49.9 |
| Current Liabilities | ||||||||
| Account Payables | 55.1 | 38.6 | 33.5 | 26.0 | 22.5 | 15.5 | 13.5 | 9.4 |
| Short-Term Debt | 10.3 | 0 | 0 | 0 | 0 | 0 | 2.2 | 0.7 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 56.1 | 15.1 | 9.1 | 7.5 | 3.0 | 3.8 | 1.4 | 2.6 |
| Total Current Liabilities | 121.6 | 78.5 | 65.2 | 47.7 | 38.0 | 25.9 | 25.0 | 16.8 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 43.1 | 0 | 0 | 0 | 0 | 0 | 2.9 | 3.1 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 2.5 | 0.8 | 0.7 |
| Other Non-Current Liabilities | 2.8 | 0.6 | 1.0 | 0.8 | 0.2 | 0.2 | 0.7 | 0.6 |
| Total Non-Current Liabilities | 45.9 | 11.5 | 17.3 | 8.7 | 0.2 | 3.1 | 5.1 | 5.6 |
| Total Liabilities | 167.5 | 90.0 | 82.5 | 56.3 | 38.2 | 29.0 | 30.1 | 22.4 |
| Stockholders' Equity | ||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 149.4 | 83.1 | 29.7 | 4.2 | 2.7 | 14.0 | 5.2 | 2.9 |
| Accumulated Other Comprehensive Income | 0.0 | 0.0 | (0.4) | (1.5) | (0.3) | (0.0) | 0 | (2.3) |
| Total Stockholders' Equity | 351.3 | 269.3 | 192.7 | 158.3 | 151.5 | 142.0 | 8.6 | 5.1 |
| Total Liabilities & Equity | 518.7 | 359.3 | 275.2 | 214.7 | 189.9 | 171.4 | 61.9 | 49.9 |
| Debt Metrics | ||||||||
| Total Debt | 53.5 | 18.7 | 22.6 | 10.7 | 0.3 | 0.8 | 6.3 | 5.5 |
| Net Debt | 4.7 | (131.9) | (61.6) | (2.2) | (30.6) | (28.7) | 5.0 | (6.3) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | 66.3 | 53.4 | 25.6 | 1.2 | 2.4 | 8.9 | 3.3 | 5.6 | (2.1) |
| Depreciation & Amortization | 13.8 | 17.3 | 7.9 | 7.3 | 3.5 | 2.5 | 1.9 | 1.4 | 0.8 |
| Stock-Based Compensation | 12.4 | 0 | 7.4 | 6.0 | 4.4 | 2.5 | 1.0 | 0.6 | 0.5 |
| Change in Working Capital | (76.3) | (16.2) | 2.5 | (24.2) | 8.2 | (3.9) | (12.2) | 2.7 | (4.3) |
| Other Non-Cash Items | 16.8 | 11.8 | 7.7 | 0.9 | 1.6 | (0.1) | 0.6 | 0.4 | 0.2 |
| Operating Cash Flow | 33.7 | 64.4 | 50.9 | (8.1) | 17.7 | 11.7 | (5.4) | 11.4 | (4.5) |
| Investing Activities | |||||||||
| Capital Expenditure | (82.0) | (28.6) | (11.5) | (10.6) | (16.7) | (10.3) | (4.8) | (1.9) | (11.7) |
| Acquisitions | 0 | 0 | 0 | (0.1) | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (95.1) | (1.7) | (1.0) | (33.8) | (51.7) | (68.4) | 0 | 0 | 0 |
| Sales/Maturities of Investments | 41.2 | 23.3 | 35.2 | 34.3 | 50.0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 1.6 | 0.0 | (0.3) | 0.1 | 0 | 0.8 | (0.8) | 0.0 | 0.0 |
| Investing Cash Flow | (134.3) | (7.0) | 22.4 | (10.0) | (18.4) | (77.8) | (5.6) | (1.9) | (11.7) |
| Financing Activities | |||||||||
| Net Debt Issuance | (4.5) | (3.5) | (2.2) | (0.6) | (0.5) | (5.6) | 0.8 | (1.1) | 3.5 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | (15.2) | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (3.2) | (1.5) | (0.8) | (0.0) | (0.2) | (0.2) | (0.4) | (0.5) | (0.2) |
| Financing Cash Flow | (1.2) | 9.1 | (2.1) | 0.1 | 2.2 | 94.4 | 0.4 | (1.5) | 14.3 |
| Cash Position | |||||||||
| Net Change in Cash | (101.8) | 66.5 | 71.2 | (18.1) | 1.4 | 28.3 | (10.5) | 11.8 | 0 |
| Cash at Beginning | 150.6 | 84.1 | 12.9 | 31.0 | 29.5 | 1.3 | 11.8 | 3.8 | 5.7 |
| Cash at End | 48.8 | 150.6 | 84.1 | 12.9 | 31.0 | 29.5 | 1.3 | 11.8 | 3.8 |
| Free Cash Flow | (48.2) | 35.8 | 39.4 | (18.7) | 1.0 | 1.4 | (10.2) | 9.5 | (16.2) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 759.4 | 606.3 | 471.9 | 362.1 | 260.9 | 214.3 | 140.7 | 106.7 | 74 |
| Gross Profit | 285.7 | 229.9 | 162.3 | 109.4 | 82.9 | 74.5 | 42.9 | 34.8 | 18.4 |
| Operating Income | 88.4 | 63.6 | 33.3 | 2.1 | 0.1 | 12.2 | 3.4 | 6.8 | (1.6) |
| Net Income | 66.3 | 53.4 | 25.6 | 1.3 | 2.4 | 8.8 | 2.4 | 5.8 | (1.9) |
| EPS (Diluted) | 1.44 | 1.18 | 0.59 | 0.03 | 0.06 | 0.27 | 0.06 | 0.16 | -0.06 |
| Balance Sheet | |||||||||
| Cash & Equivalents | 48.8 | 150.6 | 84.1 | 12.9 | 31.0 | 29.5 | 1.3 | 11.8 | |
| Total Assets | 518.7 | 359.3 | 275.2 | 214.7 | 189.9 | 171.4 | 61.9 | 49.9 | |
| Total Debt | 53.5 | 18.7 | 22.6 | 10.7 | 0.3 | 0.8 | 6.3 | 5.5 | |
| Stockholders' Equity | 351.3 | 269.3 | 192.7 | 158.3 | 151.5 | 142.0 | 8.6 | 5.1 | |
| Cash Flow | |||||||||
| Operating Cash Flow | 33.7 | 64.4 | 50.9 | (8.1) | 17.7 | 11.7 | (5.4) | 11.4 | (4.5) |
| Capital Expenditure | (82.0) | (28.6) | (11.5) | (10.6) | (16.7) | (10.3) | (4.8) | (1.9) | (11.7) |
| Free Cash Flow | (48.2) | 35.8 | 39.4 | (18.7) | 1.0 | 1.4 | (10.2) | 9.5 | (16.2) |