Sprouts Farmers Market LLC (SFM)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 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% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $258,856K ÷ $3,327,430K
= 7.78%
The return on assets (ROA) of Sprouts Farmers Market Inc has been relatively stable over the past eight quarters, ranging from 7.72% to 8.51%. This indicates that, on average, the company generated between 7.72% to 8.51% return on every dollar of assets it owns during the periods under review.
Overall, Sprouts Farmers Market Inc has maintained a healthy level of ROA, suggesting efficient utilization of its assets to generate profits. However, the slight fluctuations in ROA over the quarters may warrant further investigation to understand the factors impacting the company's performance and efficiency in asset management.
Peer comparison
Dec 31, 2023