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Side-by-side financial comparison of Freshpet, Inc. (FRPT) and PROSPERITY BANCSHARES INC (PB). Click either name above to swap in a different company.

PROSPERITY BANCSHARES INC is the larger business by last-quarter revenue ($367.6M vs $285.2M, roughly 1.3× Freshpet, Inc.). PROSPERITY BANCSHARES INC runs the higher net margin — 31.6% vs 11.9%, a 19.8% gap on every dollar of revenue. Over the past eight quarters, PROSPERITY BANCSHARES INC's revenue compounded faster (19.2% CAGR vs 12.9%).

Freshpet, Inc. is an American pet food company. Its cat food and dog food products are marketed as fresh and need to be kept refrigerated. It is listed on the Nasdaq exchange with the ticker symbol FRPT.

Prosperity Bancshares, Inc. is a bank holding company headquartered in Houston, Texas with operations in Texas and central Oklahoma. As of December 31, 2019, the company operated 285 branches: 65 in the Houston area, including The Woodlands, Texas; 30 in South Texas, including Corpus Christi, Texas and Victoria, Texas; 75 in the Dallas–Fort Worth metroplex; 22 in East Texas; 29 in Central Texas, including Austin, Texas and San Antonio; 34 in West Texas, including Lubbock, Texas, Midland–Odess...

FRPT vs PB — Head-to-Head

Bigger by revenue
PB
PB
1.3× larger
PB
$367.6M
$285.2M
FRPT
Higher net margin
PB
PB
19.8% more per $
PB
31.6%
11.9%
FRPT
Faster 2-yr revenue CAGR
PB
PB
Annualised
PB
19.2%
12.9%
FRPT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FRPT
FRPT
PB
PB
Revenue
$285.2M
$367.6M
Net Profit
$33.8M
$116.3M
Gross Margin
43.3%
Operating Margin
15.6%
Net Margin
11.9%
31.6%
Revenue YoY
8.6%
Net Profit YoY
86.6%
-10.7%
EPS (diluted)
$0.71
$1.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FRPT
FRPT
PB
PB
Q1 26
$367.6M
Q4 25
$285.2M
$275.0M
Q3 25
$288.8M
$273.4M
Q2 25
$264.7M
$267.7M
Q1 25
$263.2M
$265.4M
Q4 24
$262.7M
$267.8M
Q3 24
$253.4M
$261.7M
Q2 24
$235.3M
$258.8M
Net Profit
FRPT
FRPT
PB
PB
Q1 26
$116.3M
Q4 25
$33.8M
$139.9M
Q3 25
$101.7M
$137.6M
Q2 25
$16.4M
$135.2M
Q1 25
$-12.7M
$130.2M
Q4 24
$18.1M
$130.1M
Q3 24
$11.9M
$127.3M
Q2 24
$-1.7M
$111.6M
Gross Margin
FRPT
FRPT
PB
PB
Q1 26
Q4 25
43.3%
Q3 25
39.5%
Q2 25
40.9%
Q1 25
39.4%
Q4 24
42.5%
Q3 24
40.4%
Q2 24
39.9%
Operating Margin
FRPT
FRPT
PB
PB
Q1 26
Q4 25
15.6%
65.1%
Q3 25
8.6%
64.4%
Q2 25
6.7%
64.3%
Q1 25
-4.4%
62.7%
Q4 24
7.4%
62.0%
Q3 24
4.7%
62.1%
Q2 24
-0.7%
55.2%
Net Margin
FRPT
FRPT
PB
PB
Q1 26
31.6%
Q4 25
11.9%
50.9%
Q3 25
35.2%
50.3%
Q2 25
6.2%
50.5%
Q1 25
-4.8%
49.1%
Q4 24
6.9%
48.6%
Q3 24
4.7%
48.6%
Q2 24
-0.7%
43.1%
EPS (diluted)
FRPT
FRPT
PB
PB
Q1 26
$1.16
Q4 25
$0.71
$1.48
Q3 25
$1.86
$1.45
Q2 25
$0.33
$1.42
Q1 25
$-0.26
$1.37
Q4 24
$0.35
$1.36
Q3 24
$0.24
$1.34
Q2 24
$-0.03
$1.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FRPT
FRPT
PB
PB
Cash + ST InvestmentsLiquidity on hand
$278.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$8.2B
Total Assets
$1.8B
$43.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRPT
FRPT
PB
PB
Q1 26
Q4 25
$278.0M
Q3 25
$274.6M
Q2 25
$243.7M
Q1 25
$243.7M
Q4 24
$268.6M
Q3 24
$274.6M
Q2 24
$251.7M
Stockholders' Equity
FRPT
FRPT
PB
PB
Q1 26
$8.2B
Q4 25
$1.2B
$7.6B
Q3 25
$1.2B
$7.7B
Q2 25
$1.1B
$7.6B
Q1 25
$1.0B
$7.5B
Q4 24
$1.1B
$7.4B
Q3 24
$1.0B
$7.4B
Q2 24
$995.8M
$7.3B
Total Assets
FRPT
FRPT
PB
PB
Q1 26
$43.6B
Q4 25
$1.8B
$38.5B
Q3 25
$1.7B
$38.3B
Q2 25
$1.6B
$38.4B
Q1 25
$1.6B
$38.8B
Q4 24
$1.6B
$39.6B
Q3 24
$1.5B
$40.1B
Q2 24
$1.5B
$39.8B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FRPT
FRPT
PB
PB
Operating Cash FlowLast quarter
$55.1M
Free Cash FlowOCF − Capex
$2.1M
FCF MarginFCF / Revenue
0.7%
Capex IntensityCapex / Revenue
18.6%
Cash ConversionOCF / Net Profit
1.63×
TTM Free Cash FlowTrailing 4 quarters
$12.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRPT
FRPT
PB
PB
Q1 26
Q4 25
$55.1M
$78.3M
Q3 25
$66.8M
$194.8M
Q2 25
$33.9M
$98.2M
Q1 25
$4.8M
$178.2M
Q4 24
$50.4M
$-205.8M
Q3 24
$56.1M
$274.6M
Q2 24
$42.4M
$216.5M
Free Cash Flow
FRPT
FRPT
PB
PB
Q1 26
Q4 25
$2.1M
$68.5M
Q3 25
$31.6M
$185.7M
Q2 25
$445.0K
$91.8M
Q1 25
$-21.7M
$171.1M
Q4 24
$-7.9M
$-210.7M
Q3 24
$22.1M
$270.2M
Q2 24
$-5.9M
$211.8M
FCF Margin
FRPT
FRPT
PB
PB
Q1 26
Q4 25
0.7%
24.9%
Q3 25
10.9%
67.9%
Q2 25
0.2%
34.3%
Q1 25
-8.2%
64.5%
Q4 24
-3.0%
-78.7%
Q3 24
8.7%
103.3%
Q2 24
-2.5%
81.8%
Capex Intensity
FRPT
FRPT
PB
PB
Q1 26
Q4 25
18.6%
3.6%
Q3 25
12.2%
3.3%
Q2 25
12.6%
2.4%
Q1 25
10.1%
2.7%
Q4 24
22.2%
1.8%
Q3 24
13.4%
1.7%
Q2 24
20.5%
1.8%
Cash Conversion
FRPT
FRPT
PB
PB
Q1 26
Q4 25
1.63×
0.56×
Q3 25
0.66×
1.42×
Q2 25
2.07×
0.73×
Q1 25
1.37×
Q4 24
2.78×
-1.58×
Q3 24
4.72×
2.16×
Q2 24
1.94×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FRPT
FRPT

Sales Channel Grocery Mass International And Digital$228.4M80%
Sales Channel Pet Specialty And Club$56.8M20%

PB
PB

Net Interest Income$321.1M87%
Noninterest Income$46.5M13%

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