SpartanNash Co (SPTN)
Gross profit margin
| Dec 31, 2023 | Oct 7, 2023 | Jul 15, 2023 | Apr 22, 2023 | Dec 31, 2022 | Oct 8, 2022 | Apr 23, 2022 | Dec 31, 2021 | Oct 9, 2021 | Jul 17, 2021 | Apr 24, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jul 11, 2020 | Apr 18, 2020 | Dec 31, 2019 | Oct 5, 2019 | Jul 13, 2019 | Apr 20, 2019 | Dec 31, 2018 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,485,556 | 1,488,026 | 1,491,697 | 1,589,898 | 1,465,970 | 1,454,015 | 1,436,432 | 1,403,879 | 1,419,343 | 1,414,681 | 1,419,428 | 1,424,965 | 1,373,496 | 1,339,035 | 1,289,668 | 1,243,830 | 1,202,487 | 1,168,268 | 1,144,921 | 1,110,406 |
| Revenue (ttm) | US$ in thousands | 9,729,210 | 9,793,070 | 9,825,330 | 10,276,600 | 9,462,640 | 9,226,850 | 9,036,900 | 8,931,040 | 9,084,720 | 9,072,290 | 9,149,830 | 9,348,490 | 9,099,330 | 9,038,320 | 8,850,150 | 8,536,070 | 8,434,920 | 8,321,840 | 8,221,860 | 8,064,550 |
| Gross profit margin | 15.27% | 15.19% | 15.18% | 15.47% | 15.49% | 15.76% | 15.90% | 15.72% | 15.62% | 15.59% | 15.51% | 15.24% | 15.09% | 14.82% | 14.57% | 14.57% | 14.26% | 14.04% | 13.93% | 13.77% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,485,556K ÷ $9,729,210K
= 15.27%
SpartanNash Co's gross profit margin has shown some fluctuation over the analyzed periods. The margin ranged from a low of 13.77% in December 2018 to a high of 15.90% in April 2022. Overall, the trend in recent periods indicates a relatively stable gross profit margin, with the latest figure standing at 15.27% as of December 31, 2023. This suggests that the company is effectively managing its production costs and generating a reasonable level of revenue from its core operations. Further analysis of the company's cost structure and pricing strategies could provide additional insights into the drivers of these variations in gross profit margin.
Peer comparison
Dec 31, 2023