SpartanNash Co (SPTN)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 299 | 45,685 | 45,892 | 45,530 | 52,027 | 61,190 | 61,400 | 61,610 | 42,792 | 32,788 | 30,915 | 24,693 | 43,332 | 53,157 | 65,938 | 75,999 | 71,886 | 69,411 | 63,980 | 68,320 |
| Revenue (ttm) | US$ in thousands | 9,549,320 | 9,532,880 | 9,546,450 | 9,579,940 | 9,086,070 | 9,153,280 | 9,796,420 | 10,439,560 | 10,436,210 | 10,420,330 | 9,809,450 | 9,175,950 | 9,630,570 | 10,097,720 | 9,894,640 | 9,694,000 | 9,003,590 | 8,346,490 | 8,359,620 | 8,944,170 |
| Net profit margin | 0.00% | 0.48% | 0.48% | 0.48% | 0.57% | 0.67% | 0.63% | 0.59% | 0.41% | 0.31% | 0.32% | 0.27% | 0.45% | 0.53% | 0.67% | 0.78% | 0.80% | 0.83% | 0.77% | 0.76% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $299K ÷ $9,549,320K
= 0.00%
SpartanNash Co's net profit margin has shown fluctuations over the reporting periods provided. The net profit margin, which represents the percentage of revenue that translates into profit after all expenses are deducted, started at 0.76% in September 2021 and gradually increased to 0.83% by December 2021. However, the margin slightly decreased to 0.67% in June 2022 before experiencing a significant drop to 0.27% by the end of December 2022.
There was a modest recovery in the net profit margin in the following periods, reaching 0.63% by September 2023. The margin then fluctuated between 0.48% and 0.67% during the subsequent reporting periods until a notable decline to 0.00% at the end of December 2024.
The declining trend in the net profit margin towards the end of the timeframe suggests potential challenges in generating profits relative to revenue. It would be important for SpartanNash Co to closely monitor and address the factors affecting profitability to ensure sustainable financial performance in the future.
Peer comparison
Dec 31, 2024