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Side-by-side financial comparison of Freshpet, Inc. (FRPT) and Sabra Health Care REIT, Inc. (SBRA). Click either name above to swap in a different company.

Freshpet, Inc. is the larger business by last-quarter revenue ($285.2M vs $211.9M, roughly 1.3× Sabra Health Care REIT, Inc.). Sabra Health Care REIT, Inc. runs the higher net margin — 12.8% vs 11.9%, a 1.0% gap on every dollar of revenue. On growth, Sabra Health Care REIT, Inc. posted the faster year-over-year revenue change (16.2% vs 8.6%). Over the past eight quarters, Freshpet, Inc.'s revenue compounded faster (12.9% CAGR vs 12.7%).

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.

Sabra Health Care REIT, Inc. is a specialized real estate investment trust that owns, manages, and invests in a diverse portfolio of healthcare real estate assets. Its core holdings include senior housing facilities, skilled nursing centers, specialty hospital properties, and medical office buildings across the United States, serving key segments of the growing senior care and healthcare delivery markets.

FRPT vs SBRA — Head-to-Head

Bigger by revenue
FRPT
FRPT
1.3× larger
FRPT
$285.2M
$211.9M
SBRA
Growing faster (revenue YoY)
SBRA
SBRA
+7.6% gap
SBRA
16.2%
8.6%
FRPT
Higher net margin
SBRA
SBRA
1.0% more per $
SBRA
12.8%
11.9%
FRPT
Faster 2-yr revenue CAGR
FRPT
FRPT
Annualised
FRPT
12.9%
12.7%
SBRA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FRPT
FRPT
SBRA
SBRA
Revenue
$285.2M
$211.9M
Net Profit
$33.8M
$27.2M
Gross Margin
43.3%
Operating Margin
15.6%
12.3%
Net Margin
11.9%
12.8%
Revenue YoY
8.6%
16.2%
Net Profit YoY
86.6%
-41.7%
EPS (diluted)
$0.71
$0.11

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
SBRA
SBRA
Q4 25
$285.2M
$211.9M
Q3 25
$288.8M
$190.0M
Q2 25
$264.7M
$189.2M
Q1 25
$263.2M
$183.5M
Q4 24
$262.7M
$182.3M
Q3 24
$253.4M
$178.0M
Q2 24
$235.3M
$176.1M
Q1 24
$223.8M
$166.7M
Net Profit
FRPT
FRPT
SBRA
SBRA
Q4 25
$33.8M
$27.2M
Q3 25
$101.7M
$22.5M
Q2 25
$16.4M
$65.5M
Q1 25
$-12.7M
$40.3M
Q4 24
$18.1M
$46.7M
Q3 24
$11.9M
$29.8M
Q2 24
$-1.7M
$24.0M
Q1 24
$18.6M
$26.3M
Gross Margin
FRPT
FRPT
SBRA
SBRA
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%
Q1 24
39.4%
Operating Margin
FRPT
FRPT
SBRA
SBRA
Q4 25
15.6%
12.3%
Q3 25
8.6%
11.4%
Q2 25
6.7%
34.5%
Q1 25
-4.4%
22.1%
Q4 24
7.4%
25.9%
Q3 24
4.7%
16.5%
Q2 24
-0.7%
13.8%
Q1 24
3.8%
16.4%
Net Margin
FRPT
FRPT
SBRA
SBRA
Q4 25
11.9%
12.8%
Q3 25
35.2%
11.9%
Q2 25
6.2%
34.7%
Q1 25
-4.8%
22.0%
Q4 24
6.9%
25.6%
Q3 24
4.7%
16.7%
Q2 24
-0.7%
13.6%
Q1 24
8.3%
15.7%
EPS (diluted)
FRPT
FRPT
SBRA
SBRA
Q4 25
$0.71
$0.11
Q3 25
$1.86
$0.09
Q2 25
$0.33
$0.27
Q1 25
$-0.26
$0.17
Q4 24
$0.35
$0.20
Q3 24
$0.24
$0.13
Q2 24
$-0.03
$0.10
Q1 24
$0.37
$0.11

Balance Sheet & Financial Strength

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

Metric
FRPT
FRPT
SBRA
SBRA
Cash + ST InvestmentsLiquidity on hand
$278.0M
$71.5M
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$1.2B
$2.8B
Total Assets
$1.8B
$5.5B
Debt / EquityLower = less leverage
0.90×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRPT
FRPT
SBRA
SBRA
Q4 25
$278.0M
$71.5M
Q3 25
$274.6M
$200.6M
Q2 25
$243.7M
$95.2M
Q1 25
$243.7M
$22.7M
Q4 24
$268.6M
$60.5M
Q3 24
$274.6M
$63.0M
Q2 24
$251.7M
$36.4M
Q1 24
$257.9M
$59.9M
Total Debt
FRPT
FRPT
SBRA
SBRA
Q4 25
$2.5B
Q3 25
$2.6B
Q2 25
$2.5B
Q1 25
$2.4B
Q4 24
$2.4B
Q3 24
$2.5B
Q2 24
$2.4B
Q1 24
$2.5B
Stockholders' Equity
FRPT
FRPT
SBRA
SBRA
Q4 25
$1.2B
$2.8B
Q3 25
$1.2B
$2.8B
Q2 25
$1.1B
$2.7B
Q1 25
$1.0B
$2.7B
Q4 24
$1.1B
$2.7B
Q3 24
$1.0B
$2.7B
Q2 24
$995.8M
$2.8B
Q1 24
$977.8M
$2.8B
Total Assets
FRPT
FRPT
SBRA
SBRA
Q4 25
$1.8B
$5.5B
Q3 25
$1.7B
$5.6B
Q2 25
$1.6B
$5.3B
Q1 25
$1.6B
$5.2B
Q4 24
$1.6B
$5.3B
Q3 24
$1.5B
$5.4B
Q2 24
$1.5B
$5.4B
Q1 24
$1.5B
$5.4B
Debt / Equity
FRPT
FRPT
SBRA
SBRA
Q4 25
0.90×
Q3 25
0.92×
Q2 25
0.91×
Q1 25
0.89×
Q4 24
0.88×
Q3 24
0.90×
Q2 24
0.89×
Q1 24
0.89×

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
SBRA
SBRA
Operating Cash FlowLast quarter
$55.1M
$348.6M
Free Cash FlowOCF − Capex
$2.1M
FCF MarginFCF / Revenue
0.7%
Capex IntensityCapex / Revenue
18.6%
Cash ConversionOCF / Net Profit
1.63×
12.80×
TTM Free Cash FlowTrailing 4 quarters
$12.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRPT
FRPT
SBRA
SBRA
Q4 25
$55.1M
$348.6M
Q3 25
$66.8M
$100.0M
Q2 25
$33.9M
$81.0M
Q1 25
$4.8M
$80.3M
Q4 24
$50.4M
$310.5M
Q3 24
$56.1M
$97.7M
Q2 24
$42.4M
$80.1M
Q1 24
$5.4M
$52.8M
Free Cash Flow
FRPT
FRPT
SBRA
SBRA
Q4 25
$2.1M
Q3 25
$31.6M
Q2 25
$445.0K
Q1 25
$-21.7M
Q4 24
$-7.9M
Q3 24
$22.1M
Q2 24
$-5.9M
Q1 24
$-41.1M
FCF Margin
FRPT
FRPT
SBRA
SBRA
Q4 25
0.7%
Q3 25
10.9%
Q2 25
0.2%
Q1 25
-8.2%
Q4 24
-3.0%
Q3 24
8.7%
Q2 24
-2.5%
Q1 24
-18.3%
Capex Intensity
FRPT
FRPT
SBRA
SBRA
Q4 25
18.6%
Q3 25
12.2%
Q2 25
12.6%
Q1 25
10.1%
Q4 24
22.2%
Q3 24
13.4%
Q2 24
20.5%
Q1 24
20.8%
Cash Conversion
FRPT
FRPT
SBRA
SBRA
Q4 25
1.63×
12.80×
Q3 25
0.66×
4.44×
Q2 25
2.07×
1.24×
Q1 25
1.99×
Q4 24
2.78×
6.65×
Q3 24
4.72×
3.28×
Q2 24
3.34×
Q1 24
0.29×
2.01×

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%

SBRA
SBRA

Segment breakdown not available.

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