Sprouts Farmers Market, Inc. (SFM)

Sprouts Farmers Market Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	6,837	6,404	6,100	6,469	5,635
Revenue Growth (YoY)	6.76%	4.99%	-5.70%	14.80%	8.21%
Cost of Revenue	4,316	4,056	3,891	4,089	3,740
Gross Profit	2,522	2,349	2,209	2,379	1,895
Selling, General & Admin	2,000	1,856	1,748	1,864	1,550
Other Operating Expenses	171.17	134.56	126.93	123.76	127.75
Operating Expenses	2,172	1,990	1,875	1,988	1,677
Operating Income	350.23	358.36	334.08	391.67	217.36
Interest Expense / Income	6.49	9.05	11.68	14.79	21.19
Pretax Income	343.74	349.31	322.39	376.88	196.17
Income Tax	84.88	88.15	78.24	89.43	46.54
Net Income	258.86	261.16	244.16	287.45	149.63
Net Income Growth	-0.88%	6.97%	-15.06%	92.11%	-5.62%
Shares Outstanding (Basic)	102	108	115	118	119
Shares Outstanding (Diluted)	103	109	116	118	120
Shares Change	-5.27%	-5.98%	-1.82%	-1.27%	-7.73%
EPS (Basic)	2.53	2.41	2.12	2.44	1.25
EPS (Diluted)	2.50	2.39	2.10	2.43	1.25
EPS Growth	4.60%	13.81%	-13.58%	94.40%	2.46%
Free Cash Flow	239.76	247.32	262.42	372.07	171.98
Free Cash Flow Per Share	2.34	2.29	2.27	3.16	1.44
Gross Margin	36.88%	36.67%	36.22%	36.78%	33.63%
Operating Margin	5.12%	5.60%	5.48%	6.05%	3.86%
Profit Margin	3.79%	4.08%	4.00%	4.44%	2.66%
Free Cash Flow Margin	3.51%	3.86%	4.30%	5.75%	3.05%
Effective Tax Rate	24.69%	25.23%	24.27%	23.73%	23.72%
EBITDA	615.25	602.74	568.13	617.45	422.01
EBITDA Margin	9.00%	9.41%	9.31%	9.55%	7.49%
Depreciation & Amortization	265.02	244.38	234.06	225.78	204.65
EBIT	350.23	358.36	334.08	391.67	217.36
EBIT Margin	5.12%	5.60%	5.48%	6.05%	3.86%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).