Sprouts Farmers Market LLC (SFM)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 350,231 | 342,663 | 345,347 | 340,241 | 358,360 | 347,873 | 343,342 | 340,482 | 334,076 | 375,625 | 368,198 | 377,311 | 391,665 | 345,648 | 306,824 | 265,393 | 217,360 | 199,197 | 212,418 | 222,787 |
| Total assets | US$ in thousands | 3,327,430 | 3,290,510 | 3,208,200 | 3,169,390 | 3,070,380 | 3,017,520 | 2,987,320 | 2,997,750 | 2,923,120 | 2,926,420 | 2,878,360 | 2,896,740 | 2,806,400 | 2,782,220 | 2,963,190 | 2,855,200 | 2,722,980 | 2,764,870 | 2,692,490 | 2,616,600 |
| Operating ROA | 10.53% | 10.41% | 10.76% | 10.74% | 11.67% | 11.53% | 11.49% | 11.36% | 11.43% | 12.84% | 12.79% | 13.03% | 13.96% | 12.42% | 10.35% | 9.30% | 7.98% | 7.20% | 7.89% | 8.51% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $350,231K ÷ $3,327,430K
= 10.53%
Sprouts Farmers Market Inc has demonstrated consistent performance in terms of operating return on assets (ROA) over the past eight quarters. The operating ROA ranged from 11.46% to 12.04%, with a general upward trend observed in recent quarters. This indicates that the company has been effective in generating operating income relative to its total assets. The average operating ROA over this period is approximately 11.77%, suggesting a solid operational efficiency in utilizing its assets to generate profits. Investors and stakeholders may view this trend positively as it reflects the company's ability to efficiently utilize its assets to generate earnings.
Peer comparison
Dec 31, 2023