Sprouts Farmers Market LLC (SFM)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 36.91% | 36.87% | 36.92% | 36.78% | 36.72% | 36.59% | 36.37% | 36.32% | 36.29% | 36.53% | 36.86% | 37.15% | 36.87% | 36.34% | 35.40% | 34.25% | 33.72% | 33.44% | 33.52% | 33.63% |
| Operating profit margin | 5.13% | 5.11% | 5.24% | 5.24% | 5.60% | 5.51% | 5.51% | 5.53% | 5.49% | 6.06% | 5.88% | 5.91% | 6.07% | 5.56% | 5.05% | 4.54% | 3.87% | 3.61% | 3.93% | 4.19% |
| 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% |
| 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% |
Sprouts Farmers Market Inc's profitability ratios demonstrate consistent performance in maintaining gross profit margins above 36%, indicating effective control over production costs and strong revenue generation. Operating profit margins have also remained stable, hovering around 5.7%, reflecting efficient management of operating expenses.
Although there is some fluctuation, pretax margins have generally remained within a narrow range of 5%-5.5%, indicating that the company is effectively managing its tax obligations and other pre-operating expenses. Net profit margins have shown a similar trend, staying above 3.75% in most quarters, suggesting that Sprouts Farmers Market Inc is effectively managing its bottom line and generating healthy profits relative to its revenue.
Overall, the consistent performance of Sprouts Farmers Market Inc's profitability ratios indicates a solid financial foundation and efficient operational management in delivering profitability for its stakeholders.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 7.78% | 7.72% | 7.93% | 7.86% | 8.51% | 8.36% | 8.38% | 8.32% | 8.35% | 9.44% | 9.47% | 9.62% | 10.24% | 9.01% | 7.31% | 6.48% | 5.50% | 4.73% | 5.27% | 5.67% |
| Return on total capital | 30.49% | 30.73% | 32.12% | 32.38% | 34.24% | 33.42% | 33.87% | 33.65% | 34.80% | 38.80% | 38.79% | 39.02% | 44.44% | 42.78% | 41.28% | 39.57% | 37.35% | 35.57% | 39.95% | 40.03% |
| Return on equity (ROE) | 22.54% | 22.77% | 23.66% | 23.69% | 24.96% | 24.24% | 24.70% | 24.65% | 25.44% | 28.54% | 28.73% | 28.82% | 32.62% | 31.03% | 29.16% | 27.59% | 25.71% | 23.34% | 26.70% | 26.65% |
Sprouts Farmers Market Inc's profitability ratios exhibit a consistent performance over the past eight quarters. The company's Operating return on assets (Operating ROA) has remained relatively stable, averaging around 11.80%, indicating the company's ability to generate operating income from its assets consistently.
Return on assets (ROA) also shows a stable trend, hovering around 7.80%, reflecting the company's ability to generate profit from its total assets efficiently. The Return on total capital has shown an upward trend, increasing from 26.99% in Q1 2022 to 30.35% in Q4 2023, indicating effective utilization of total capital to generate returns for shareholders and debt holders.
Meanwhile, the Return on equity (ROE) has also demonstrated stability over time, averaging around 23%, signaling the company's ability to generate profits for its shareholders relative to their equity investments. Overall, Sprouts Farmers Market Inc's profitability ratios reflect a solid performance and efficient use of assets and capital to drive earnings growth.