Sprouts Farmers Market LLC (SFM)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 504,497 | 350,231 | 358,360 | 334,076 | 391,665 |
| Total assets | US$ in thousands | 3,640,700 | 3,327,430 | 3,070,380 | 2,923,120 | 2,806,400 |
| Operating ROA | 13.86% | 10.53% | 11.67% | 11.43% | 13.96% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $504,497K ÷ $3,640,700K
= 13.86%
Based on the provided data, Sprouts Farmers Market LLC's operating return on assets (operating ROA) has shown some fluctuations over the past five years.
- In December 31, 2020, the operating ROA was 13.96%, indicating that for every dollar of assets the company owned, it generated a return of 13.96% from its operations.
- By December 31, 2021, the operating ROA decreased to 11.43%, suggesting a slight decline in the efficiency of the company's asset utilization.
- In December 31, 2022, the operating ROA improved slightly to 11.67%, indicating a modest recovery in the company's ability to generate operating profits from its assets.
- The operating ROA decreased again to 10.53% by December 31, 2023, signaling a possible challenge in effectively utilizing assets to generate operating income.
- Finally, as of December 31, 2024, the operating ROA increased to 13.86%, showing a significant improvement in the company’s ability to generate operating profits relative to its assets.
Overall, the trend in Sprouts Farmers Market LLC's operating ROA seems to have been somewhat fluctuating, with both improvements and declines observed over the period. It will be important for the company to focus on optimizing its asset utilization to sustain and improve its operating return on assets in the future.
Peer comparison
Dec 31, 2024