8 years of historical data (2018–2025) · Consumer Defensive · Agricultural Farm Products
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Vital Farms, Inc. trades at 7.2x earnings, 96% below its 5-year average of 185.3x, sitting at the 0th percentile of its historical range. Compared to the Consumer Defensive sector median P/E of 18.8x, the stock trades at a discount of 62%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $446M | $1.5B | $1.7B | $680M | $673M | $750M | $878M | — | — |
| Enterprise Value | $451M | $1.5B | $1.6B | $618M | $671M | $719M | $849M | — | — |
| P/E Ratio → | 7.23 | 22.03 | 31.65 | 26.59 | 537.50 | 308.56 | 98.74 | — | — |
| P/S Ratio | 0.59 | 1.92 | 2.78 | 1.44 | 1.86 | 2.87 | 4.10 | — | — |
| P/B Ratio | 1.36 | 4.16 | 6.26 | 3.53 | 4.25 | 4.94 | 6.16 | — | — |
| P/FCF | — | — | 47.13 | 17.26 | — | 772.30 | 625.89 | — | — |
| P/OCF | 13.23 | 43.31 | 26.17 | 13.35 | — | 42.41 | 74.99 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Vital Farms, Inc.'s enterprise value stands at 4.4x EBITDA, 94% below its 5-year average of 67.7x. The Consumer Defensive sector median is 11.0x, placing the stock at a 60% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.93 | 2.56 | 1.31 | 1.85 | 2.76 | 3.96 | — | — |
| EV / EBITDA | 4.38 | 14.24 | 20.27 | 15.01 | 88.89 | 200.24 | 57.43 | — | — |
| EV / EBIT | 5.10 | 15.90 | 22.66 | 18.74 | 227.74 | 1771.58 | 69.90 | — | — |
| EV / FCF | — | — | 43.44 | 15.70 | — | 740.74 | 605.39 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Vital Farms, Inc. earns an operating margin of 11.6%, above the Consumer Defensive sector average of 3.5%. Operating margins have expanded from 7.0% to 11.6% over the past 3 years, signaling improving operational efficiency. ROE of 21.4% indicates solid capital efficiency, compared to the sector median of 6.5%. ROIC of 26.9% represents excellent returns on invested capital versus a sector median of 5.7%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.6% | 37.6% | 37.9% | 34.4% | 30.2% | 31.8% | 34.8% | 30.5% | 32.6% |
| Operating Margin | 11.6% | 11.6% | 10.5% | 7.0% | 0.6% | 0.0% | 5.7% | 2.4% | 6.3% |
| Net Profit Margin | 8.7% | 8.7% | 8.8% | 5.4% | 0.3% | 0.9% | 4.1% | 1.7% | 5.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | 21.4% | 21.4% | 23.1% | 14.6% | 0.8% | 1.7% | 10.1% | 8.0% | 21.1% |
| ROA | 15.1% | 15.1% | 16.8% | 10.4% | 0.6% | 1.3% | 7.5% | 4.3% | 11.6% |
| ROIC | 26.9% | 26.9% | 35.5% | 17.4% | 1.1% | 0.0% | 12.2% | 8.7% | 24.0% |
| ROCE | 26.1% | 26.1% | 25.9% | 17.6% | 1.3% | 0.0% | 13.4% | 9.6% | 20.5% |
Solvency and debt-coverage ratios — lower is generally safer
Vital Farms, Inc. carries a Debt/EBITDA ratio of 0.5x, which is very conservative (85% below the sector average of 3.5x). Net debt stands at $5M ($53M total debt minus $49M cash). Interest coverage of 105.4x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.15 | 0.15 | 0.07 | 0.12 | 0.07 | 0.00 | 0.01 | 0.20 | 0.20 |
| Debt / EBITDA | 0.52 | 0.52 | 0.24 | 0.55 | 1.42 | 0.09 | 0.05 | 1.20 | 0.67 |
| Net Debt / Equity | — | 0.01 | -0.49 | -0.32 | -0.01 | -0.20 | -0.20 | 0.16 | -0.23 |
| Net Debt / EBITDA | 0.05 | 0.05 | -1.72 | -1.50 | -0.29 | -8.53 | -1.95 | 0.95 | -0.77 |
| Debt / FCF | — | — | -3.69 | -1.56 | — | -31.55 | -20.50 | — | -0.67 |
| Interest Coverage | 105.42 | 105.42 | 67.87 | 42.18 | 25.83 | 7.81 | 24.88 | 13.66 | 15.98 |
Short-term solvency ratios and asset-utilisation metrics
Vital Farms, Inc.'s current ratio of 2.16x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.61x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 3.00x to 2.16x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.16 | 2.16 | 3.13 | 3.00 | 3.14 | 3.72 | 5.30 | 1.39 | 1.61 |
| Quick Ratio | 1.61 | 1.61 | 2.83 | 2.49 | 2.58 | 3.43 | 4.80 | 0.87 | 1.38 |
| Cash Ratio | 0.93 | 0.93 | 2.04 | 1.79 | 1.65 | 2.62 | 3.78 | 0.05 | 0.70 |
| Asset Turnover | — | 1.46 | 1.69 | 1.71 | 1.69 | 1.37 | 1.25 | 2.27 | 2.14 |
| Inventory Turnover | 7.12 | 7.12 | 15.90 | 9.41 | 9.41 | 16.26 | 10.83 | 7.56 | 18.60 |
| Days Sales Outstanding | — | 32.61 | 32.71 | 30.71 | 39.21 | 37.69 | 38.31 | 45.97 | 35.19 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Vital Farms, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 13.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 13.8% | 4.5% | 3.2% | 3.8% | 0.2% | 0.3% | 1.0% | — | — |
| FCF Yield | — | — | 2.1% | 5.8% | — | 0.1% | 0.2% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $46M | $45M | $43M | $43M | $43M | $33M | $37M | $37M |
Compare VITL with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $446M | 7.2 | 4.4 | — | 37.6% | 11.6% | 21.4% | 26.9% | 0.5 | |
| $3B | 20.8 | 16.4 | 218.4 | 38.6% | 8.6% | 12.3% | 5.3% | 3.1 | |
| $1B | 9.6 | 7.4 | 4.9 | 27.1% | 10.7% | 5.3% | 5.5% | 5.3 | |
| $1B | 12.4 | 6.0 | 8.0 | 35.1% | 15.1% | 5.9% | 8.1% | 1.3 | |
| $20B | 40.8 | 9.8 | 16.8 | 6.5% | 2.6% | 2.6% | 4.1% | 3.2 | |
| $13B | 27.8 | 15.8 | 24.9 | 15.6% | 5.9% | 6.0% | 5.3% | 2.9 | |
| $443M | -59.7 | 13.9 | 13.7 | 43.0% | 1.1% | -1.2% | 1.5% | 9.5 | |
| $7B | 6.0 | 4.5 | 9.8 | 12.7% | 8.7% | 27.2% | 20.0% | 1.6 | |
| $35B | 36.8 | 9.7 | 10.4 | 23.3% | 1.3% | 14.3% | 5.0% | 4.2 | |
| $422B | 52.2 | 32.5 | 53.8 | 12.8% | 3.8% | 30.7% | 34.5% | 0.6 | |
| $8B | 15.2 | 9.3 | 16.2 | 37.1% | 7.8% | 38.4% | 17.8% | 2.0 | |
| Consumer Defensive Median | — | 18.8 | 11.0 | 15.3 | 40.8% | 3.5% | 6.5% | 5.7% | 3.5 |
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Quick answers to the most common questions about buying VITL stock.
Vital Farms, Inc.'s current P/E ratio is 7.2x. The historical average is 44.8x.
Vital Farms, Inc.'s current EV/EBITDA is 4.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 39.2x.
Vital Farms, Inc.'s return on equity (ROE) is 21.4%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 12.6%.
Based on historical data, Vital Farms, Inc. is trading at a P/E of 7.2x. Compare with industry peers and growth rates for a complete picture.
Vital Farms, Inc. has 37.6% gross margin and 11.6% operating margin. Operating margin between 10-20% is typical for established companies.
Vital Farms, Inc.'s Debt/EBITDA ratio is 0.5x, indicating low leverage. A ratio below 2x is generally considered financially healthy.