Sprouts Farmers Market, Inc. (SFM)

Sprouts Farmers Market Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022	Jan 3, 2021
Revenue	7,719	6,837	6,404	6,100	6,469
Revenue Growth (YoY)	12.90%	6.76%	4.99%	-5.70%	14.80%
Cost of Revenue	4,757	4,297	4,043	3,880	4,082
Gross Profit	2,962	2,540	2,361	2,220	2,387
Selling, General & Admin	2,312	2,019	1,868	1,759	1,872
Other Operating Expenses	12.49	8.73	2.96	-0.09	-0.37
Operating Expenses	2,457	2,153	1,995	1,881	1,995
Operating Income	504.9	386.68	366.43	338.84	391.67
Interest Expense	-5.78	-13.4	-9.05	-11.68	-14.79
Interest & Investment Income	7.98	6.91	-	-	-
EBT Excluding Unusual Items	507.1	380.19	357.38	327.15	376.88
Merger & Restructuring Charges	-	-33.7	-	-	-
Asset Writedown	-0.41	-2.75	-8.07	-4.76	-
Pretax Income	506.7	343.74	349.31	322.39	376.88
Income Tax Expense	126.1	84.88	88.15	78.24	89.43
Net Income	380.6	258.86	261.16	244.16	287.45
Net Income to Common	380.6	258.86	261.16	244.16	287.45
Net Income Growth	47.03%	-0.88%	6.97%	-15.06%	92.11%
Shares Outstanding (Basic)	100	102	108	115	118
Shares Outstanding (Diluted)	101	103	109	116	118
Shares Change (YoY)	-1.94%	-5.27%	-5.98%	-1.82%	-1.27%
EPS (Basic)	3.79	2.53	2.41	2.12	2.44
EPS (Diluted)	3.75	2.50	2.39	2.10	2.43
EPS Growth	50.00%	4.60%	13.81%	-13.58%	94.40%
Free Cash Flow	414.84	239.76	247.32	262.42	372.07
Free Cash Flow Per Share	4.09	2.32	2.27	2.26	3.15
Gross Margin	38.37%	37.15%	36.87%	36.39%	36.90%
Operating Margin	6.54%	5.66%	5.72%	5.56%	6.05%
Profit Margin	4.93%	3.79%	4.08%	4.00%	4.44%
Free Cash Flow Margin	5.37%	3.51%	3.86%	4.30%	5.75%
EBITDA	645.07	518.59	493.49	464.38	518.17
EBITDA Margin	8.36%	7.58%	7.71%	7.61%	8.01%
D&A For EBITDA	140.16	131.91	127.07	125.54	126.51
EBIT	504.9	386.68	366.43	338.84	391.67
EBIT Margin	6.54%	5.66%	5.72%	5.56%	6.05%
Effective Tax Rate	24.89%	24.69%	25.24%	24.27%	23.73%
Advertising Expenses	46.8	45.8	49.2	45.9	54.4

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q