Sprouts Farmers Market LLC (SFM)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 380,601 | 258,856 | 261,164 | 244,157 | 287,450 |
| Revenue | US$ in thousands | 7,719,290 | 6,837,380 | 6,404,220 | 6,099,870 | 6,468,760 |
| Net profit margin | 4.93% | 3.79% | 4.08% | 4.00% | 4.44% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $380,601K ÷ $7,719,290K
= 4.93%
Sprouts Farmers Market LLC's net profit margin has displayed fluctuations over the period from December 31, 2020, to December 31, 2024. The net profit margin, which represents the percentage of revenue converted to profit after all expenses are deducted, started at 4.44% in 2020 and decreased slightly to 4.00% in 2021. It then experienced a slight increase to 4.08% in 2022 before decreasing to 3.79% in 2023. However, there was a notable improvement in 2024, with the net profit margin rising to 4.93%.
These fluctuations in net profit margin can indicate changes in the company's ability to control costs, manage expenses, and generate profit from its operations. Overall, while the net profit margin varied over the years, the increase in 2024 suggests a potentially positive trend in profitability for Sprouts Farmers Market LLC. Monitoring this ratio over time can provide valuable insights into the company's financial performance and operational efficiency.
Peer comparison
Dec 31, 2024