Sprouts Farmers Market LLC (SFM)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,941,490 | 2,521,840 | 2,348,560 | 2,209,210 | 2,379,290 |
| Revenue | US$ in thousands | 7,719,290 | 6,837,380 | 6,404,220 | 6,099,870 | 6,468,760 |
| Gross profit margin | 38.11% | 36.88% | 36.67% | 36.22% | 36.78% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,941,490K ÷ $7,719,290K
= 38.11%
Sprouts Farmers Market LLC's gross profit margin has shown a generally stable trend over the years, fluctuating within a relatively narrow range. Starting at 36.78% on December 31, 2020, the gross profit margin dipped slightly to 36.22% by December 31, 2021, before rebounding to 36.67% on December 31, 2022. Subsequently, the margin increased to 36.88% by December 31, 2023, and further improved to 38.11% by December 31, 2024. This overall upward trend indicates the company's effectiveness in managing the cost of goods sold relative to its revenue, which is a positive indicator of operational efficiency and potential profitability.
Peer comparison
Dec 31, 2024