Sprouts Farmers Market LLC (SFM)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 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 | 1,894,819 | 1,846,825 | 1,813,516 | 1,787,215 |
| Revenue (ttm) | US$ in thousands | 6,833,110 | 6,710,160 | 6,587,660 | 6,490,370 | 6,395,180 | 6,309,970 | 6,227,610 | 6,153,850 | 6,088,190 | 6,196,970 | 6,264,730 | 6,384,720 | 6,453,970 | 6,220,230 | 6,080,410 | 5,851,660 | 5,618,830 | 5,523,180 | 5,410,210 | 5,315,060 |
| Gross profit margin | 36.91% | 36.87% | 36.92% | 36.78% | 36.72% | 36.59% | 36.37% | 36.32% | 36.29% | 36.53% | 36.86% | 37.15% | 36.87% | 36.34% | 35.40% | 34.25% | 33.72% | 33.44% | 33.52% | 33.63% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,521,841K ÷ $6,833,110K
= 36.91%
Sprouts Farmers Market Inc's gross profit margin has shown consistency in the range of 36.25% to 36.89% over the past eight quarters. The company has been able to maintain a relatively stable level of gross profitability during this period. The slight variations in the margin indicate that Sprouts Farmers Market has been able to effectively manage its cost of goods sold and maintain healthy pricing strategies. Overall, the consistent gross profit margin suggests that the company has a strong control over its operational costs and pricing strategies, which is a positive indicator for its financial performance.
Peer comparison
Dec 31, 2023