Sprouts Farmers Market LLC (SFM)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,877,770 | 2,738,253 | 2,622,764 | 2,561,860 | 2,521,841 | 2,474,277 | 2,432,493 | 2,386,878 | 2,348,564 | 2,308,983 | 2,265,062 | 2,234,786 | 2,209,212 | 2,264,013 | 2,309,053 | 2,371,631 | 2,379,289 | 2,260,223 | 2,152,179 | 2,004,302 |
| Revenue (ttm) | US$ in thousands | 7,719,300 | 7,421,610 | 7,189,150 | 6,987,880 | 6,837,380 | 6,715,390 | 6,593,140 | 6,496,370 | 6,404,220 | 6,320,470 | 6,239,070 | 6,165,580 | 6,099,870 | 6,208,900 | 6,276,870 | 6,397,670 | 6,468,760 | 6,231,920 | 6,094,540 | 5,867,490 |
| Gross profit margin | 37.28% | 36.90% | 36.48% | 36.66% | 36.88% | 36.84% | 36.89% | 36.74% | 36.67% | 36.53% | 36.30% | 36.25% | 36.22% | 36.46% | 36.79% | 37.07% | 36.78% | 36.27% | 35.31% | 34.16% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,877,770K ÷ $7,719,300K
= 37.28%
Sprouts Farmers Market LLC has shown a gradual improvement in its gross profit margin over the years, increasing from 34.16% as of March 31, 2020, to 37.28% as of December 31, 2024. This indicates that the company has been able to effectively manage its cost of goods sold and increase the percentage of revenue left after accounting for the direct costs associated with producing goods.
There were fluctuations in the gross profit margin during the period under review, with some quarters demonstrating a slight decrease followed by an increase in subsequent quarters. This could be indicative of changes in pricing strategies, input costs, or operational efficiencies within the company.
Overall, the upward trend in the gross profit margin suggests that Sprouts Farmers Market LLC has been successful in maintaining profitability and potentially improving operational efficiencies, which is a positive signal for investors and stakeholders. However, it is important to continue monitoring the gross profit margin to ensure sustained performance and profitability in the future.
Peer comparison
Dec 31, 2024