Sprouts Farmers Market LLC (SFM)
Return on assets (ROA)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 380,601 | 351,048 | 324,751 | 296,796 | 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 |
Total assets | US$ in thousands | 3,640,700 | 3,585,540 | 3,410,520 | 3,472,420 | 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 |
ROA | 10.45% | 9.79% | 9.52% | 8.55% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $380,601K ÷ $3,640,700K
= 10.45%
Based on the data provided for Sprouts Farmers Market LLC, the return on assets (ROA) has shown some fluctuations over the quarters. The ROA started at 6.48% as of March 31, 2020, and increased gradually to reach a peak of 10.45% by December 31, 2024. The ROA generally trended upwards in the initial periods, indicating an improvement in the company's efficiency in generating profits from its assets.
However, there were some fluctuations in the middle periods, with the ROA experiencing slight dips and rebounds. For example, there was a decrease from 10.24% in December 31, 2020 to 9.62% in March 31, 2021, followed by an increase back up to 9.47% in June 30, 2021.
Overall, the ROA seemed to stabilize around the 8-10% range towards the latter periods of the data, suggesting that Sprouts Farmers Market LLC was able to maintain a relatively consistent level of profitability relative to its total assets during that time frame. It will be important for stakeholders to continue monitoring the ROA in future periods to assess the company's asset efficiency and profitability.
Peer comparison
Dec 31, 2024