SFM · Sprouts Farmers Market, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $8.81B | $7.72B | $6.84B | $6.40B | $6.10B | $6.47B |
| Cost of Revenue | $5.39B | $4.78B | $4.32B | $4.06B | $3.89B | $4.09B |
| Gross Profit | $3.42B | $2.94B | $2.52B | $2.35B | $2.21B | $2.38B |
| R&D | - | - | - | - | - | - |
| SG&A | $2.57B | $2.29B | $2.00B | $1.86B | $1.75B | $1.86B |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $157.72M | $140.16M | $137.81M | $127.07M | $125.54M | $126.51M |
| Operating Income | $686.16M | $504.50M | $350.23M | $358.36M | $334.08M | $391.67M |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $165.11M | $126.10M | $84.88M | $88.15M | $78.23M | $89.43M |
| Net Income | $523.67M | $380.60M | $258.86M | $261.16M | $244.16M | $287.45M |
| EPS - Basic | $5.36 | $3.79 | $2.53 | $2.41 | $2.12 | $2.44 |
| EPS - Diluted | $5.31 | $3.75 | $2.50 | $2.39 | $2.10 | $2.43 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $257.28M | $265.16M | $201.79M | $293.23M | $245.29M | $169.70M |
| Accounts Receivable | $65.22M | $30.90M | $30.31M | $16.11M | $21.57M | $14.81M |
| Inventory | $427.10M | $343.33M | $323.20M | $310.55M | $265.39M | $254.22M |
| Accounts Payable | $291.03M | $213.41M | $179.93M | $172.90M | $145.90M | $139.34M |
| Current Assets | $809.90M | $675.52M | $603.77M | $673.80M | $567.72M | $465.96M |
| Total Assets | $4.16B | $3.64B | $3.33B | $3.07B | $2.92B | $2.81B |
| Current Liabilities | $870.80M | $679.97M | $546.87M | $522.38M | $513.47M | $496.13M |
| Long-term Debt | - | - | $125.00M | $250.00M | $250.00M | - |
| Total Liabilities | $2.76B | $2.32B | $2.18B | $2.02B | $1.96B | $1.93B |
| Stockholders' Equity | $1.40B | $1.32B | $1.15B | $1.05B | $959.88M | $881.29M |
| Retained Earnings | $561.13M | $513.65M | $373.61M | $320.01M | $258.82M | $203.00M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $716.00M | $645.21M | $465.07M | $371.33M | $364.80M | $494.04M |
| Investing Cash Flow | ($248.27M) | ($230.38M) | ($238.34M) | ($124.01M) | ($102.38M) | ($121.97M) |
| Financing Cash Flow | ($474.05M) | ($351.50M) | ($318.05M) | ($199.13M) | ($186.86M) | ($287.41M) |
| CapEx | $248.27M | $230.38M | $225.31M | $124.01M | $102.38M | $121.97M |
| Free Cash Flow | $467.73M | $414.84M | $239.76M | $247.32M | $262.42M | $372.07M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 38.8% | 38.1% | 36.9% | 36.7% | 36.2% | 36.8% |
| Operating margin | 7.8% | 6.5% | 5.1% | 5.6% | 5.5% | 6.1% |
| EBITDA margin | 9.6% | 8.4% | 7.1% | 7.6% | 7.5% | 8.0% |
| Net margin | 5.9% | 4.9% | 3.8% | 4.1% | 4.0% | 4.4% |
| Free cash flow margin | 5.3% | 5.4% | 3.5% | 3.9% | 4.3% | 5.8% |
| FCF / Net income | 0.89 | 1.09 | 0.93 | 0.95 | 1.07 | 1.29 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 29.2% | 29.7% | 29.3% | 29.0% | 28.7% | 28.8% |
| Effective tax rate | 24.0% | 24.9% | 24.7% | 25.2% | 24.3% | 23.7% |
| Return on assets | 12.6% | 10.5% | 7.8% | 8.5% | 8.4% | 10.2% |
| Return on equity | 37.3% | 28.8% | 22.5% | 25.0% | 25.4% | 32.6% |
| Return on invested capital | - | - | 20.7% | 20.7% | 20.9% | - |
| Liquidity | ||||||
| Current ratio | 0.93 | 0.99 | 1.10 | 1.29 | 1.11 | 0.94 |
| Quick ratio | 0.44 | 0.49 | 0.51 | 0.70 | 0.59 | 0.43 |
| Cash ratio | 0.30 | 0.39 | 0.37 | 0.56 | 0.48 | 0.34 |
| Leverage | ||||||
| Debt / Equity | - | - | 0.11 | 0.24 | 0.26 | - |
| Debt / Assets | - | - | 0.04 | 0.08 | 0.09 | - |
| Debt / EBITDA | - | - | 0.26 | 0.52 | 0.54 | - |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 2.96 | 2.75 | 2.90 | 2.93 | 3.05 | 3.18 |
| Liabilities / Assets | 0.66 | 0.64 | 0.65 | 0.66 | 0.67 | 0.69 |
| Efficiency | ||||||
| Asset turnover | 2.12 | 2.12 | 2.05 | 2.09 | 2.09 | 2.30 |
| Inventory turnover | 12.62 | 13.92 | 13.35 | 13.06 | 14.66 | 16.09 |
| Days sales outstanding | 3d | 1d | 2d | 1d | 1d | 1d |
| Days inventory outstanding | 29d | 26d | 27d | 28d | 25d | 23d |
| Days payable outstanding | 20d | 16d | 15d | 16d | 14d | 12d |
| Cash conversion cycle | 12d | 11d | 14d | 13d | 13d | 11d |
| Valuation | ||||||
| P / E | 15.0x | 33.9x | 19.2x | 13.5x | 14.1x | 8.3x |
| P / B | 5.6x | 9.7x | 4.3x | 3.4x | 3.6x | 2.7x |
| P / S | 0.9x | 1.7x | 0.7x | 0.6x | 0.6x | 0.4x |
| EV / EBITDA | 9.0x | 19.6x | 10.0x | 7.2x | 7.5x | 4.3x |
| Growth | ||||||
| Revenue growth (YoY) | 14.1% | 12.9% | 6.8% | 5.0% | -5.7% | 14.8% |
| Revenue CAGR (3y) | 11.2% | 8.2% | 1.9% | 4.4% | 9.4% | - |
| Revenue CAGR (5y) | 6.4% | 6.5% | 7.9% | - | - | - |
| Gross profit growth (YoY) | 16.1% | 16.6% | 7.4% | 6.3% | -7.1% | 25.6% |
| Operating income growth (YoY) | 36.0% | 44.0% | -2.3% | 7.3% | -14.7% | 80.2% |
| Net income growth (YoY) | 37.6% | 47.0% | -0.9% | 7.0% | -15.1% | 92.1% |
| EPS growth (YoY) | 41.6% | 50.0% | 4.6% | 13.8% | -13.6% | 94.4% |
| EPS CAGR (3y) | 30.5% | 21.3% | 1.0% | 24.1% | 19.8% | 28.3% |
| EPS CAGR (5y) | 16.9% | 24.6% | 15.4% | 15.8% | 20.4% | 24.0% |
| FCF growth (YoY) | 12.8% | 73.0% | -3.1% | -5.8% | -29.5% | 116.3% |
| FCF CAGR (5y) | 4.7% | 19.3% | 25.4% | 17.4% | 29.0% | 26.6% |
| Book value growth (YoY) | 6.1% | 15.1% | 9.8% | 9.0% | 8.9% | 51.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-28.
Business segments
$8.81B totalHealthy Grocery Stores Segment$8.81B · 100.0%
Product / service
$8.81B totalPerishables$5.02B · 57.0%
Non Perishables$3.79B · 43.0%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.94
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Retail-Grocery Stores
Comparing Sprouts Farmers Market against the 5 most active filers in the same SIC group.