SFMNasdaqRetail-Grocery StoresFiscal year ends December 28
Sprouts Farmers Market, Inc.
Financials through Q2 FY2026, quarter ended Jun 28, 2026Last filing: 10-Q on Jul 29, 2026
$64.26−0.94 (-1.44%)
Close on Oct 19, 2026
- Market cap
- $6.07B
- P/E (TTM)
- 12.3
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
38.8%+2.0 pts over 5 years
Operating margin
7.8%+1.7 pts over 5 years
Net margin
5.9%+1.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +14.1% | +11.2% | +6.4% | +9.4% | |
| Gross profit | +16.1% | +13.3% | +7.5% | +12.5% | |
| Operating income | +36.0% | +24.2% | +11.9% | +11.6% | |
| Net income | +37.6% | +26.1% | +12.7% | +15.0% | |
| EPS, diluted | +41.6% | +30.5% | +16.9% | +20.4% | |
| Free cash flow | +12.8% | +23.7% | +4.7% | +15.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 16.6% | 39.3% | 38.4% | |
| Return on assets | 8.7% | 10.4% | 13.4% | |
| Current ratio | 1.02 | 0.94 | 0.93 | |
| Debt to equity | 0.38 | – | – | |
| Net debt to EBITDA | 0.83× | – | – | |
| Interest coverage | 14.4× | – | – | |
| Inventory turnover | 14.5× | 15.4× | 14.0× | |
| Capex to revenue | 4.5% | 1.9% | 2.8% | |
| Diluted shares | 150M | 118M | 99M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Sprouts Farmers Market generated $2.56B from operations and spent $2.22B on capital expenditure, dividends and share buybacks. 42% of that went back into the business.
Generated
$2.56B
Used
$2.22B
Capital expenditure$930.34M42%Dividends$00%Share buybacks$1.29B58%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.9%
×Asset turnover2.26×
×Equity multiplier2.86×
=Return on equity, FY202538.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 5.9% | 2.26× | 2.86× | 38.4% |
| FY2024 | 4.9% | 2.22× | 2.82× | 30.8% |
| FY2023 | 3.8% | 2.14× | 2.91× | 23.6% |
| FY2022 | 4.1% | 2.14× | 2.99× | 26.0% |
| FY2021 | 4.0% | 2.13× | 3.11× | 26.5% |
| FY2020 | 4.4% | 2.34× | 3.78× | 39.3% |
| FY2019 | 2.7% | 2.56× | 3.76× | 25.6% |
| FY2018 | 3.0% | 3.20× | 2.63× | 25.6% |
| FY2017 | 3.4% | 3.09× | 2.28× | 23.9% |
| FY2016 | 3.1% | 2.82× | 1.92× | 16.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$523.67M
- Cash generatingOperating cash flow above zero$716.00M
- Return on assets improvedROA up on the prior year11.4% → 14.4%
- Earnings backed by cashOperating cash flow above net income$716.00M vs $523.67M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose0.99 → 0.93
- No dilutionShare count did not rise101M → 99M
- Gross margin improvedGross margin up on the prior year38.11% → 38.80%
- More efficientAsset turnover rose2.32 → 2.42