SpartanNash Co (SPTN)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,512,500 | 1,146,590 | 1,497,480 | 1,403,880 | 1,424,960 |
| Revenue | US$ in thousands | 9,549,320 | 7,484,040 | 9,643,100 | 8,931,040 | 9,348,480 |
| Gross profit margin | 15.84% | 15.32% | 15.53% | 15.72% | 15.24% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,512,500K ÷ $9,549,320K
= 15.84%
The gross profit margin of SpartanNash Co has shown a stable trend over the past five years. Starting from 15.24% in December 2020, it increased to 15.84% by December 2024, with fluctuations in between. This indicates the company's ability to effectively manage its production costs and generate profits from its core business activities. The consistent level of gross profit margin suggests that SpartanNash Co has maintained a competitive position in its industry while controlling its cost structures efficiently.
Peer comparison
Dec 31, 2024
Company name
Symbol
Gross profit margin
SpartanNash Co
SPTN
15.84%
Performance Food Group Co
PFGC
11.29%
The Chefs Warehouse Inc
CHEF
24.09%
United Natural Foods Inc
UNFI
13.56%