SpartanNash Co (SPTN)
Profitability ratios
Return on sales
| 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 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% |
| Operating profit margin | 1.10% | 0.94% | 0.90% | 0.78% | 0.95% | 1.12% | 1.22% | 1.26% | 1.06% | 1.13% | 1.21% | 1.10% | 1.06% | 0.92% | 0.64% | 0.67% | 0.40% | 0.54% | 0.81% | 0.87% |
| Pretax margin | 0.72% | 0.58% | 0.57% | 0.52% | 0.74% | 0.96% | 1.07% | 1.10% | 0.91% | 0.97% | 1.05% | 0.91% | 0.84% | 0.54% | 0.10% | 0.04% | -0.25% | 0.01% | 0.41% | 0.50% |
| Net profit margin | 0.54% | 0.43% | 0.42% | 0.40% | 0.55% | 0.72% | 0.81% | 0.83% | 0.70% | 0.75% | 0.87% | 0.81% | 0.76% | 0.54% | 0.15% | 0.07% | -0.16% | 0.05% | 0.35% | 0.42% |
The profitability ratios of SpartanNash Co show consistent performance over the past few years. The gross profit margin has remained relatively stable, fluctuating between 13.77% to 15.90% with a slight downward trend in recent periods. This indicates that the company has been able to maintain a consistent level of profitability from its core operations.
The operating profit margin has shown some variability, ranging from 0.64% to 1.26%, but overall has remained relatively low compared to the gross profit margin. This suggests that the company may have higher operating expenses relative to its revenue, impacting its profitability at the operating level.
The pretax margin and net profit margin have also exhibited consistent trends, with fluctuations ranging from negative figures to around 1.1% for the pretax margin and 0.07% to 0.83% for the net profit margin. This indicates that the company has been able to generate modest profits after accounting for taxes and other expenses.
Overall, SpartanNash Co's profitability ratios demonstrate steady but relatively low levels of profitability over the analyzed periods. It may be important for the company to focus on improving operational efficiency and cost management to enhance its profitability in the future.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.53% | 3.94% | 3.79% | 3.51% | 3.88% | 4.42% | 4.86% | 5.08% | 4.29% | 4.64% | 4.86% | 4.50% | 4.16% | 3.63% | 2.45% | 2.50% | 1.43% | 1.94% | 2.84% | 3.58% |
| Return on assets (ROA) | 2.22% | 1.82% | 1.76% | 1.77% | 2.24% | 2.83% | 3.25% | 3.34% | 2.84% | 3.10% | 3.52% | 3.33% | 2.98% | 2.13% | 0.59% | 0.25% | -0.59% | 0.18% | 1.22% | 1.70% |
| Return on total capital | 14.14% | 12.25% | 11.90% | 10.97% | 11.85% | 13.40% | 13.88% | 14.27% | 12.64% | 13.63% | 14.81% | 13.99% | 13.52% | 10.45% | 5.69% | 5.45% | 2.10% | 5.24% | 9.67% | 9.85% |
| Return on equity (ROE) | 6.71% | 5.48% | 5.33% | 5.36% | 6.74% | 8.48% | 9.24% | 9.42% | 8.31% | 9.04% | 10.66% | 10.33% | 9.57% | 6.90% | 1.99% | 0.84% | -1.99% | 0.60% | 4.14% | 4.69% |
SpartanNash Co's profitability ratios have shown some volatility over the past few years. The Operating return on assets (Operating ROA) has fluctuated, ranging from a low of 2.45% in April 2020 to a peak of 5.08% in December 2021. This ratio measures the company's operating income generated per dollar of assets employed.
Return on assets (ROA) has also exhibited variability, with values ranging from a negative figure of -0.59% in October 2019 to a high of 3.52% in July 2021. This ratio indicates the company's overall profitability relative to its total assets.
Return on total capital has shown a similar pattern of fluctuation, with the lowest value of 2.10% in April 2020 and the highest figure of 14.81% in July 2021. This ratio assesses the return generated on all of the company's invested capital.
Return on equity (ROE) has also varied, reaching a low of -1.99% in October 2019 and a peak of 10.66% in July 2021. ROE reflects the return on the shareholders' equity investment in the company.
Overall, SpartanNash Co's profitability ratios indicate periods of both strength and challenges in generating returns for its assets, capital, and equity. Investors and stakeholders should closely monitor these ratios to assess the company's financial performance and management effectiveness.