Sprouts Farmers Market, Inc. - Understand $sfm stock

$SFM Market Cap: $15.4 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$7.436B

TTM

Gross Margin

37.72%

TTM

Net Earnings

$366.3M

TTM

Current Assets

$693.6M

Q3 2024

Current Liabilities

$616.0M

Q3 2024

Current Ratio

112.59%

Q3 2024

Total Assets

$3.586B

Q3 2024

Total Liabilities

$2.242B

Q3 2024

Book Value

$1.343B

Q3 2024

Cash

$309.7M

Q3 2024

P/E

42.05

Nov 29, 2024 EST

Free Cash Flow

$406.6M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$6.404B	$6.100B	$6.469B	$6.469B	$5.635B	$5.207B	$4.046B	$3.593B	$3.593B	$2.967B	$2.438B	$1.795B	$1.106B	$516.8M	$487.7M
YoY Change	4.99%	-5.7%	0.0%	14.8%	8.21%	28.69%	12.62%	0.0%	21.08%	21.72%	35.83%	62.3%	113.99%	5.97%	10.56%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$6.404B	$6.100B	$6.469B	$6.469B	$5.635B	$5.207B	$4.046B	$3.593B	$3.593B	$2.967B	$2.438B	$1.795B	$1.106B	$516.8M	$487.7M
Cost Of Revenue	$4.056B	$3.891B	$4.089B	$4.090B	$3.740B	$3.460B	$3.098B	$2.683B	$2.541B	$2.082B	$1.713B	$1.265B	$794.9M	$366.9M	$346.3M
Gross Profit	$2.349B	$2.209B	$2.379B	$2.379B	$1.895B	$1.747B	$1.567B	$1.052B	$1.052B	$885.2M	$725.3M	$530.3M	$311.0M	$149.9M	$141.4M
Gross Profit Margin	36.67%	36.22%	36.78%	36.78%	33.63%	33.56%	38.73%	29.27%	29.27%	29.83%	29.75%	29.55%	28.12%	29.01%	28.99%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Selling, General & Admin	$1.856B	$1.748B	$1.864B	$1.864B	$1.550B	$1.404B	$1.246B	$1.072B	$821.1M	$95.40M	$81.80M	$86.36M	$298.1M	$140.1M	$132.5M
YoY Change	6.15%	-6.21%	0.0%	20.27%	10.34%	12.75%	16.2%	30.56%	760.72%	16.63%	-5.29%	-71.03%	112.78%	5.74%	10.88%
% of Gross Profit	79.01%	79.13%	78.34%	78.34%	81.79%	80.37%	79.49%	101.94%	78.08%	10.78%	11.28%	16.29%	95.85%	93.46%	93.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$127.1M	$125.5M	$126.5M	$126.5M	$122.8M	$110.7M	$96.99M	$69.10M	$69.20M	$60.50M	$47.20M	$34.70M	$54.60M	$14.20M	$0.00
YoY Change	1.22%	-0.76%	0.01%	3.01%	10.88%	14.19%	40.36%	-0.14%	14.38%	28.18%	36.02%	-36.45%	284.51%
% of Gross Profit	5.41%	5.68%	5.32%	5.32%	6.48%	6.34%	6.19%	6.57%	6.58%	6.83%	6.51%	6.54%	17.56%	9.47%	0.0%
Operating Expenses	$1.856B	$1.748B	$1.864B	$1.988B	$1.550B	$1.404B	$1.246B	$1.150B	$821.1M	$95.40M	$81.80M	$86.36M	$330.3M	$140.9M	$132.5M
YoY Change	6.15%	-6.21%	-6.24%	28.28%	10.34%	12.75%	8.28%	40.1%	760.72%	16.63%	-5.29%	-73.85%	134.42%	6.34%	10.79%
Operating Profit	$358.4M	$334.1M	$391.7M	$391.3M	$217.4M	$222.9M	$226.1M	-$98.77M	$230.5M	$199.7M	$139.5M	$70.69M	-$19.30M	$9.000M	$8.900M
YoY Change	7.27%	-14.7%	0.09%	80.02%	-2.49%	-1.4%	-328.88%	-142.85%	15.42%	43.16%	97.36%	-466.24%	-314.44%	1.12%	50.85%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	-$9.047M	-$11.68M	-$14.80M	-$14.80M	-$21.20M	$27.44M	$14.79M	-$14.80M	-$17.70M	-$25.10M	-$37.20M	-$35.50M	-$19.80M	-$700.0K	-$600.0K
YoY Change	-22.57%	-21.05%	0.0%	-30.19%	-177.27%	85.45%	-199.96%	-16.38%	-29.48%	-32.53%	4.79%	79.29%	2728.57%	16.67%	200.0%
% of Operating Profit	-2.52%	-3.5%	-3.78%	-3.78%	-9.75%	12.31%	6.54%		-7.68%	-12.57%	-26.67%	-50.22%		-7.78%	-6.74%
Other Income/Expense, Net					$0.00	$320.0K	$625.0K	$500.0K	$400.0K	$596.0K	$487.0K	$562.0K	$400.0K	$300.0K	$300.0K
YoY Change					-100.0%	-48.8%	25.0%	25.0%	-32.89%	22.38%	-13.35%	40.5%	33.33%	0.0%	-25.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Pretax Income	$349.3M	$322.4M	$376.9M	$376.9M	$196.2M	$195.8M	$205.5M	$206.0M	$206.0M	$174.1M	$84.07M	$34.77M	-$45.20M	$8.200M	$8.300M
YoY Change	8.35%	-14.46%	-0.01%	92.13%	0.19%	-4.73%	-0.23%	0.0%	18.32%	107.1%	141.8%	-176.92%	-651.22%	-1.2%	36.07%
Income Tax	$88.15M	$78.24M	$89.43M	$89.40M	$46.54M	$37.26M	$47.08M	$77.00M	$77.00M	$66.41M	$32.74M	$15.27M	-$17.70M	$3.300M	$3.300M
% Of Pretax Income	25.23%	24.27%	23.73%	23.72%	23.72%	19.03%	22.91%	37.38%	37.38%	38.15%	38.95%	43.91%		40.24%	39.76%
Net Earnings	$261.2M	$244.2M	$287.5M	$287.5M	$149.6M	$158.5M	$158.4M	$129.0M	$129.0M	$107.7M	$51.33M	$19.50M	-$27.40M	$4.900M	$5.000M
YoY Change	6.97%	-15.06%	-0.02%	92.14%	-5.62%	0.06%	22.83%	-0.01%	19.79%	109.82%	163.21%	-171.17%	-659.18%	-2.0%	35.14%
Net Earnings / Revenue	4.08%	4.0%	4.44%	4.44%	2.66%	3.04%	3.92%	3.59%	3.59%	3.63%	2.11%	1.09%	-2.48%	0.95%	1.03%
Basic Earnings Per Share	$2.41	$2.12	$2.44		$1.25	$1.23	$1.17	$0.84		$0.72	$0.38	$0.16
Diluted Earnings Per Share	$2.39	$2.10	$2.43	$2.43	$1.25	$1.22	$1.15	$0.83	$827.5K	$0.70	$0.37	$0.16	-$282.5K	$76.09K	$77.64K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Cash & Short-Term Investments	$293.2M	$245.3M	$169.7M	$169.7M	$85.30M	$1.600M	$19.50M	$12.50M	$136.1M	$130.5M	$77.70M	$67.20M	$14.50M
YoY Change	19.55%	44.54%	0.0%	98.94%	5231.25%	-91.79%	56.0%	-90.82%	4.29%	67.95%	15.63%	363.45%
Cash & Equivalents	$293.2M	$245.3M	$169.7M	$169.7M	$85.30M	$1.600M	$19.50M	$12.50M	$136.1M	$130.5M	$77.70M	$67.20M	$14.50M
Short-Term Investments
Other Short-Term Assets	$35.76M	$23.83M	$18.40M	$18.40M	$10.80M	$26.90M	$24.60M	$19.80M	$17.50M	$40.70M	$24.80M	$27.60M	$18.10M
YoY Change	50.08%	29.51%	0.0%	70.37%	-59.85%	9.35%	24.24%	13.14%	-57.0%	64.11%	-10.14%	52.49%
Inventory	$310.5M	$265.4M	$254.2M	$254.2M	$276.0M	$264.4M	$229.5M	$204.5M	$165.4M	$142.8M	$118.3M	$98.40M	$63.60M
Prepaid Expenses
Receivables	$16.11M	$21.57M	$14.80M	$14.80M	$15.70M	$40.60M	$25.90M	$25.20M	$20.40M	$14.10M	$9.500M	$8.400M	$3.800M
Other Receivables	$18.15M	$11.64M	$8.800M	$8.800M	$0.00	$400.0K	$0.00	$2.200M	$5.900M	$6.000M	$1.500M	$1.500M	$3.400M
Total Short-Term Assets	$673.8M	$567.7M	$466.0M	$466.0M	$387.8M	$333.8M	$299.5M	$264.0M	$345.2M	$334.1M	$231.6M	$203.1M	$103.5M
YoY Change	18.69%	21.83%	0.0%	20.17%	16.18%	11.45%	13.45%	-23.52%	3.32%	44.26%	14.03%	96.23%
Property, Plant & Equipment	$1.829B	$1.788B	$1.772B	$1.772B	$1.770B	$766.4M	$713.0M	$604.7M	$494.1M	$454.9M	$348.8M	$303.2M	$221.3M
YoY Change	2.28%	0.91%	0.0%	0.11%	130.94%	7.49%	17.91%	22.38%	8.62%	30.42%	15.04%	37.01%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$13.97M	$13.51M	$14.70M	$14.70M	$11.70M	$12.50M	$4.800M	$5.500M	$20.40M	$17.80M	$28.40M	$32.10M	$47.00M
YoY Change	3.4%	-8.07%	0.0%	25.64%	-6.4%	160.42%	-12.73%	-73.04%	14.61%	-37.32%	-11.53%	-31.7%
Total Long-Term Assets	$2.397B	$2.355B	$2.340B	$2.340B	$2.335B	$1.342B	$1.282B	$1.176B	$1.081B	$1.035B	$940.8M	$900.1M	$658.1M
YoY Change	1.75%	0.64%	0.0%	0.22%	74.03%	4.66%	9.03%	8.76%	4.46%	10.01%	4.52%	36.77%
Total Assets	$3.070B	$2.923B	$2.806B	$2.806B	$2.723B	$1.676B	$1.582B	$1.440B	$1.426B	$1.369B	$1.172B	$1.103B	$761.6M
YoY Change
Accounts Payable	$172.9M	$145.9M	$139.3M	$139.3M	$122.8M	$120.3M	$119.0M	$157.6M	$134.5M	$112.9M	$111.2M	$82.70M	$53.90M
YoY Change	18.51%	4.74%	0.0%	13.44%	2.08%	1.09%	-24.49%	17.17%	19.13%	1.53%	34.46%	53.43%
Accrued Expenses	$324.5M	$339.4M	$330.6M	$330.6M	$270.4M	$158.5M	$148.3M	$55.10M	$51.40M	$47.00M	$38.10M	$49.00M	$33.90M
YoY Change	-4.38%	2.65%	0.0%	22.26%	70.6%	6.88%	169.15%	7.2%	9.36%	23.36%	-22.24%	44.54%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$1.012M	$1.078M	$1.000M	$1.000M	$800.0K	$7.400M	$9.200M	$12.40M	$15.00M	$36.90M	$9.200M	$5.200M	$2.800M
YoY Change	-6.12%	7.8%	0.0%	25.0%	-89.19%	-19.57%	-25.81%	-17.33%	-59.35%	301.09%	76.92%	85.71%
Total Short-Term Liabilities	$522.4M	$513.5M	$496.1M	$496.1M	$416.8M	$310.0M	$299.7M	$259.2M	$230.4M	$220.8M	$175.6M	$136.8M	$90.60M
YoY Change	1.73%	3.5%	0.0%	19.03%	34.45%	3.44%	15.63%	12.5%	4.35%	25.74%	28.36%	50.99%
Long-Term Debt	$258.9M	$259.7M	$260.5M	$260.5M	$549.4M	$572.6M	$473.5M	$372.4M	$275.5M	$370.2M	$421.6M	$529.0M	$367.4M
YoY Change	-0.29%	-0.32%	0.0%	-52.58%	-4.05%	20.93%	27.15%	35.17%	-25.58%	-12.19%	-20.3%	43.98%
Other Long-Term Liabilities	$1.182B	$1.132B	$1.110B	$1.110B	$1.120B	$153.4M	$130.6M	$116.2M	$97.50M	$74.10M	$61.40M	$50.60M	$36.20M
YoY Change	4.35%	1.96%	0.0%	-0.89%	630.38%	17.46%	12.39%	19.18%	31.58%	20.68%	21.34%	39.78%
Total Long-Term Liabilities	$1.440B	$1.392B	$1.371B	$1.371B	$1.670B	$726.0M	$604.1M	$488.6M	$373.0M	$444.3M	$483.0M	$579.6M	$403.6M
YoY Change	3.49%	1.53%	0.0%	-17.9%	130.0%	20.18%	23.64%	30.99%	-16.05%	-8.01%	-16.67%	43.61%
Total Liabilities	$2.024B	$1.963B	$1.925B	$1.925B	$2.141B	$1.086B	$930.9M	$767.0M	$603.4M	$683.7M	$658.6M	$716.5M	$494.2M
YoY Change	3.09%	1.98%	0.0%	-10.08%	97.07%	16.7%	21.37%	27.11%	-11.74%	3.81%	-8.08%	44.98%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2019	2018	2017	2016	2014	2013	2012
Basic Shares Outstanding	108.2M	115.4M	117.8M	119.4M	128.8M	135.2M	153.1M	149.8M	134.6M	119.4M shares
Diluted Shares Outstanding	109.1M	116.1M	118.2M	119.7M	129.8M	137.9M	155.9M	154.3M	139.8M	121.8M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $15.404 Billion

About Sprouts Farmers Market, Inc.

Sprouts Farmers Market, Inc. engages in the operation of healthy grocery stores. The company is headquartered in Phoenix, Arizona and currently employs 32,000 full-time employees. The company went IPO on 2013-08-01. The firm offers a specialty grocery experience featuring an open layout with fresh produce at the heart of the store. The company offers products made with lifestyle-friendly ingredients such as organic, plant-based and gluten-free. The firm curates its product mix to differentiate fresh, natural and organic foods and healthier options throughout all of its departments. The company categorizes the varieties of products it sells as perishable and non-perishable. Its perishable product categories include produce, meat and meat alternatives, seafood, deli, bakery, floral and dairy and dairy alternatives. Its non-perishable product categories include grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care. The firm operates approximately 407 stores in 23 states.

Industry: Retail-Grocery Stores Peers: Albertsons Companies, Inc. Blue Apron Holdings, Inc. CASEYS GENERAL STORES INC Grocery Outlet Holding Corp. INGLES MARKETS INC KROGER CO Natural Grocers by Vitamin Cottage, Inc. VILLAGE SUPER MARKET INC WEIS MARKETS INC