Sprouts Farmers Market LLC (SFM)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 258,856 | 253,927 | 254,354 | 249,017 | 261,164 | 252,272 | 250,399 | 249,416 | 244,157 | 276,326 | 272,700 | 278,688 | 287,450 | 250,687 | 216,706 | 185,047 | 149,629 | 130,698 | 141,938 | 148,304 |
| 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 |
| Net profit margin | 3.79% | 3.78% | 3.86% | 3.84% | 4.08% | 4.00% | 4.02% | 4.05% | 4.01% | 4.46% | 4.35% | 4.36% | 4.45% | 4.03% | 3.56% | 3.16% | 2.66% | 2.37% | 2.62% | 2.79% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $258,856K ÷ $6,833,110K
= 3.79%
Sprouts Farmers Market Inc has maintained relatively consistent net profit margins over the past eight quarters, ranging from 3.78% to 4.08%. The company's net profit margin peaked at 4.08% in Q4 2022, indicating its ability to effectively convert revenue into profit during that period. However, in the most recent quarter, Q4 2023, the net profit margin decreased slightly to 3.79%. Despite this decline, the company's overall performance remains stable with net profit margins hovering around the 4% mark. This suggests that Sprouts Farmers Market Inc is managing its costs efficiently and effectively generating profits from its operations.
Peer comparison
Dec 31, 2023