SpartanNash Co (SPTN)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 299 | 41,932 | 34,518 | 73,751 | 75,914 |
Revenue | US$ in thousands | 9,549,320 | 7,484,040 | 9,643,100 | 8,931,040 | 9,348,480 |
Net profit margin | 0.00% | 0.56% | 0.36% | 0.83% | 0.81% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $299K ÷ $9,549,320K
= 0.00%
The net profit margin of SpartanNash Co has shown fluctuations over the years based on the provided data. In December 2020, the net profit margin was 0.81%, which slightly increased to 0.83% by December 2021. However, there was a significant decrease in the net profit margin to 0.36% by December 2022. Subsequently, the net profit margin improved to 0.56% by December 2023. Notably, by December 2024, the net profit margin declined to 0.00%, indicating that the company did not generate any net profit relative to its revenue during that period.
Overall, the trend in SpartanNash Co's net profit margin has been somewhat inconsistent, with fluctuations in performance levels observed across the years. It is essential for the company to closely monitor its profitability ratios and implement strategies to enhance efficiency and profitability in order to sustain long-term success.
Peer comparison
Dec 31, 2024