Stocks · Consumer staples · Retail-Grocery Stores

Sprouts Farmers Market, Inc.

SFM Clue Score76
United States Fiscal year ends December CIK 0001575515
$65.14 -1.32% Close, 9 Oct 2026
Price $65.14 +190.41% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue4,046.4Operating income212.9Net income124.3EPS, diluted0.83Fiscal year 2017Revenue4,664.6 +15.3%Operating income226.1Net income158.4 +27.5%EPS, diluted1.15 +38.6%Fiscal year 2018Revenue5,207.3 +11.6%Operating income222.9Net income158.5 +0.1%EPS, diluted1.22 +6.1%Fiscal year 2019Revenue5,634.8 +8.2%Operating income217.4Net income149.6 −5.6%EPS, diluted1.25 +2.5%Fiscal year 2021Revenue6,468.8 +14.8%Operating income391.7Net income287.5 +92.1%EPS, diluted2.43 +94.4%Fiscal year 2022Revenue6,099.9 −5.7%Operating income334.1Net income244.2 −15.1%EPS, diluted2.10 −13.6%Fiscal year 2023Revenue6,404.2 +5.0%Operating income358.4Net income261.2 +7.0%EPS, diluted2.39 +13.8%Fiscal year 2023Revenue6,837.4 +6.8%Operating income350.2Net income258.9 −0.9%EPS, diluted2.50 +4.6%Fiscal year 2024Revenue7,719.3 +12.9%Operating income504.5Net income380.6 +47.0%EPS, diluted3.75 +50.0%Fiscal year 2025Revenue8,806.2 +14.1%Operating income686.2Net income523.7 +37.6%EPS, diluted5.31 +41.6%
FY2017FY2017FY2018FY2019FY2021FY2022FY2023FY2023FY2024FY2025
Revenue 4,046.4 4,664.6 5,207.3 5,634.8 6,468.8 6,099.9 6,404.2 6,837.4 7,719.3 8,806.2
Growth +15.3% +11.6% +8.2% +14.8% −5.7% +5.0% +6.8% +12.9% +14.1%
Operating income 212.9 226.1 222.9 217.4 391.7 334.1 358.4 350.2 504.5 686.2
Net income 124.3 158.4 158.5 149.6 287.5 244.2 261.2 258.9 380.6 523.7
Growth +27.5% +0.1% −5.6% +92.1% −15.1% +7.0% −0.9% +47.0% +37.6%
EPS, diluted 0.83 1.15 1.22 1.25 2.43 2.10 2.39 2.50 3.75 5.31
Growth +38.6% +6.1% +2.5% +94.4% −13.6% +13.8% +4.6% +50.0% +41.6%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin33.7%Operating margin5.3%Net margin3.1%Free cash flow margin1.8%Fiscal year 2017Gross margin33.6%Operating margin4.8%Net margin3.4%Free cash flow margin2.4%Fiscal year 2018Gross margin33.6%Operating margin4.3%Net margin3.0%Free cash flow margin2.3%Fiscal year 2019Gross margin33.6%Operating margin3.9%Net margin2.7%Free cash flow margin3.1%Fiscal year 2021Gross margin36.8%Operating margin6.1%Net margin4.4%Free cash flow margin5.8%Fiscal year 2022Gross margin36.2%Operating margin5.5%Net margin4.0%Free cash flow margin4.3%Fiscal year 2023Gross margin36.7%Operating margin5.6%Net margin4.1%Free cash flow margin3.9%Fiscal year 2023Gross margin36.9%Operating margin5.1%Net margin3.8%Free cash flow margin3.5%Fiscal year 2024Gross margin38.1%Operating margin6.5%Net margin4.9%Free cash flow margin5.4%Fiscal year 2025Gross margin38.8%Operating margin7.8%Net margin5.9%Free cash flow margin5.3%
FY2017FY2017FY2018FY2019FY2021FY2022FY2023FY2023FY2024FY2025
Gross margin 33.7% 33.6% 33.6% 33.6% 36.8% 36.2% 36.7% 36.9% 38.1% 38.8%
Operating margin 5.3% 4.8% 4.3% 3.9% 6.1% 5.5% 5.6% 5.1% 6.5% 7.8%
Net margin 3.1% 3.4% 3.0% 2.7% 4.4% 4.0% 4.1% 3.8% 4.9% 5.9%
Free cash flow margin 1.8% 2.4% 2.3% 3.1% 5.8% 4.3% 3.9% 3.5% 5.4% 5.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow254.4Capital expenditure−181.0Free cash flow73.3Buybacks−294.3Fiscal year 2017Operating cash flow309.6Capital expenditure−198.6Free cash flow110.9 +51.3%Buybacks−203.4Fiscal year 2018Operating cash flow294.4Capital expenditure−177.1Free cash flow117.3 +5.7%Buybacks−258.3Fiscal year 2019Operating cash flow355.2Capital expenditure−183.2Free cash flow172.0 +46.6%Buybacks−176.3Fiscal year 2021Operating cash flow494.0Capital expenditure−122.0Free cash flow372.1 +116.3%Buybacks0.0Fiscal year 2022Operating cash flow364.8Capital expenditure−102.4Free cash flow262.4 −29.5%Buybacks−188.3Fiscal year 2023Operating cash flow371.3Capital expenditure−124.0Free cash flow247.3 −5.8%Buybacks−200.0Fiscal year 2023Operating cash flow465.1Capital expenditure−225.3Free cash flow239.8 −3.1%Buybacks−203.5Fiscal year 2024Operating cash flow645.2Capital expenditure−230.4Free cash flow414.8 +73.0%Buybacks−228.5Fiscal year 2025Operating cash flow716.0Capital expenditure−248.3Free cash flow467.7 +12.8%Buybacks−471.9
FY2017FY2017FY2018FY2019FY2021FY2022FY2023FY2023FY2024FY2025
Operating cash flow 254.4 309.6 294.4 355.2 494.0 364.8 371.3 465.1 645.2 716.0
Capital expenditure −181.0 −198.6 −177.1 −183.2 −122.0 −102.4 −124.0 −225.3 −230.4 −248.3
Free cash flow 73.3 110.9 117.3 172.0 372.1 262.4 247.3 239.8 414.8 467.7
Growth +51.3% +5.7% +46.6% +116.3% −29.5% −5.8% −3.1% +73.0% +12.8%
Buybacks −294.3 −203.4 −258.3 −176.3 0.0 −188.3 −200.0 −203.5 −228.5 −471.9

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash12.5Total debt255.0Net cash (debt)−242.5Shareholders’ equity672.9Debt to equity0.38Fiscal year 2017Cash19.5Total debt348.0Net cash (debt)−328.5Shareholders’ equity650.7Debt to equity0.53Fiscal year 2018Cash1.6Total debt453.0Net cash (debt)−451.4Shareholders’ equity589.2Debt to equity0.77Fiscal year 2019Cash85.3Shareholders’ equity582.0Fiscal year 2021Cash169.7Shareholders’ equity881.3Fiscal year 2022Cash245.3Total debt250.0Net cash (debt)−4.7Shareholders’ equity959.9Debt to equity0.26Fiscal year 2023Cash293.2Total debt250.0Net cash (debt)43.2Shareholders’ equity1,046.5Debt to equity0.24Fiscal year 2023Cash201.8Total debt125.0Net cash (debt)76.8Shareholders’ equity1,148.5Debt to equity0.11Fiscal year 2024Cash265.2Shareholders’ equity1,321.9Fiscal year 2025Cash257.3Shareholders’ equity1,403.1
FY2017FY2017FY2018FY2019FY2021FY2022FY2023FY2023FY2024FY2025
Cash 12.5 19.5 1.6 85.3 169.7 245.3 293.2 201.8 265.2 257.3
Total debt 255.0 348.0 453.0 n/a n/a 250.0 250.0 125.0 n/a n/a
Net cash (debt) −242.5 −328.5 −451.4 n/a n/a −4.7 43.2 76.8 n/a n/a
Shareholders’ equity 672.9 650.7 589.2 582.0 881.3 959.9 1,046.5 1,148.5 1,321.9 1,403.1
Debt to equity 0.38 0.53 0.77 n/a n/a 0.26 0.24 0.11 n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 1 Jan 2017 FY2017 31 Dec 2017 FY2018 30 Dec 2018 FY2019 29 Dec 2019 FY2021 3 Jan 2021 FY2022 2 Jan 2022 FY2023 1 Jan 2023 FY2023 31 Dec 2023 FY2024 29 Dec 2024 FY2025 28 Dec 2025
Revenue and profit
4,046.4 4,664.6 5,207.3 5,634.8 6,468.8 6,099.9 6,404.2 6,837.4 7,719.3 8,806.2
Growth +15.3% +11.6% +8.2% +14.8% −5.7% +5.0% +6.8% +12.9% +14.1%
2,682.9 3,097.6 3,459.9 3,740.0 4,089.5 3,890.7 4,055.7 4,315.5 4,777.8 5,389.8
1,363.4 1,567.0 1,747.5 1,894.8 2,379.3 2,209.2 2,348.6 2,521.8 2,941.5 3,416.4
Growth +14.9% +11.5% +8.4% +25.6% −7.1% +6.3% +7.4% +16.6% +16.1%
1,072.0 1,245.6 1,404.4 1,549.7 1,863.9 1,748.2 1,855.6 2,000.4 2,291.4 2,574.7
212.9 226.1 222.9 217.4 391.7 334.1 358.4 350.2 504.5 686.2
Growth +6.2% −1.4% −2.5% +80.2% −14.7% +7.3% −2.3% +44.0% +36.0%
198.6 205.5 195.8 196.2 376.9 322.4 349.3 343.7 506.7 688.8
74.3 47.1 37.3 46.5 89.4 78.2 88.1 84.9 126.1 165.1
124.3 158.4 158.5 149.6 287.5 244.2 261.2 258.9 380.6 523.7
Growth +27.5% +0.1% −5.6% +92.1% −15.1% +7.0% −0.9% +47.0% +37.6%
Per share
0.84 1.17 1.23 1.25 2.44 2.12 2.41 2.53 3.79 5.36
0.83 1.15 1.22 1.25 2.43 2.10 2.39 2.50 3.75 5.31
Growth +38.6% +6.1% +2.5% +94.4% −13.6% +13.8% +4.6% +50.0% +41.6%
147.3 135.2 128.8 119.4 117.8 115.4 108.2 102.5 100.4 97.7
149.7 137.9 129.8 119.7 118.2 116.1 109.1 103.4 101.4 98.7
Growth −7.9% −5.9% −7.7% −1.3% −1.8% −6.0% −5.3% −1.9% −2.6%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 6.4% a year over five years, and earnings per share grew 16.9% a year.
  • The diluted share count fell 16.5% in five years, so buybacks did some of the work per share.
  • Operating margin is up 1.7 points on five years ago, at 7.8%.
  • Profitable in every one of the 10 years on file.