Sprouts Farmers Market LLC (SFM)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 343,740 | 335,206 | 337,637 | 332,013 | 349,313 | 337,381 | 331,890 | 328,750 | 322,392 | 363,679 | 356,046 | 364,360 | 376,878 | 328,772 | 287,508 | 244,376 | 196,168 | 175,780 | 187,147 | 196,527 |
| 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 |
| Pretax margin | 5.03% | 5.00% | 5.13% | 5.12% | 5.46% | 5.35% | 5.33% | 5.34% | 5.30% | 5.87% | 5.68% | 5.71% | 5.84% | 5.29% | 4.73% | 4.18% | 3.49% | 3.18% | 3.46% | 3.70% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $343,740K ÷ $6,833,110K
= 5.03%
Sprouts Farmers Market Inc's pretax margin has shown relatively stable performance over the past eight quarters, ranging from 4.99% to 5.45%. The company's pretax margin in Q4 2023 was 5.03%, which is slightly lower compared to the previous quarter but remains within the historical range. This indicates that the company has been able to consistently generate earnings before taxes relative to its total revenue. While the margin fluctuates slightly from quarter to quarter, it generally hovers around the 5% mark, reflecting a consistent level of profitability. It would be beneficial for stakeholders to continue monitoring the pretax margin to ensure the company maintains its profitability over time.
Peer comparison
Dec 31, 2023