SequelSEC

Sprouts Farmers Market, Inc. SFM

Retail-Grocery Stores · CIK 0001575515 · Fiscal year ends 1228

AnnualQuarterlyTTM
Revenue
$2.30B
Fiscal year ended 2026-09-27
Operating income
$152.78M
Fiscal year ended 2026-09-27
Free cash flow
$91.83M
Fiscal year ended 2026-09-27

Valuation, from the filing

Public float$15.78BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-27
Float per share$166.87Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income30.1×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue1.8×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity11.2×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-27, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-28 — the year that filing covered.

Valuation over time

30.1× earnings today, against a median of 16.3× across 10 years on record. Above its own history.

Float measuredPublic floatFloat / net income
2025-06-27$15.78B30.1×
2024-06-28$8.34B21.9×
2023-06-30$3.73B14.4×
2022-07-01$2.76B10.6×
2021-07-02$2.93B12.0×
2020-06-26$2.92B10.1×
2019-06-28$2.23B14.9×
2018-06-29$2.82B17.8×
2017-06-30$3.09B19.5×
2016-07-01$3.37B27.1×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Retail-Grocery Stores filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
FCF margin5.3%100th
Net margin5.9%100th
Operating margin7.8%100th
SBC / revenue0.4%100th
Revenue YoY growth14.1%89th
Gross margin38.8%88th
Effective tax rate24.0%71th
CapEx / revenue2.8%67th
Current ratio0.93x44th

Sprouts Farmers Market, Inc. (SFM) reported revenue of $2.30B and net income of $113.42M for the fiscal year ended 2026-09-27. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Sprouts Farmers Market, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Retail-Grocery Stores.

Income

Sprouts Farmers Market, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-272026-06-282026-03-292025-12-282025-09-282025-06-292025-03-302024-12-292024-09-292024-06-30
Revenue$2.30B$2.33B$2.33B$2.15B$2.20B$2.22B$2.24B$2.00B$1.95B$1.89B
Cost of revenue$1.42B$1.43B$1.41B$1.33B$1.35B$1.36B$1.35B$1.24B$1.20B$1.18B
Gross profit$880.79M$900.65M$917.28M$816.38M$851.05M$862.60M$886.36M$759.89M$740.92M$718.36M
Operating income$152.78M$174.17M$215.31M$123.07M$157.40M$179.36M$226.33M$106.46M$122.45M$127.32M
Net income$113.42M$129.20M$163.72M$89.82M$120.12M$133.70M$180.03M$79.60M$91.61M$95.29M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 93.67Mshares 94.41Mshares 95.58MUnavailableshares 98.72Mshares 98.77Mshares 99.72MUnavailableshares 101.02Mshares 101.20M
Pretax income$151.37M$174.11M$215.44M$123.65M$158.09M$179.79M$227.26M$108.28M$123.51M$127.46M
Income tax expense$37.94M$44.91M$51.71M$33.83M$37.97M$46.08M$47.23M$28.68M$31.90M$32.17M
Diluted EPS$1.21$1.37$1.71Unavailable$1.22$1.35$1.81Unavailable$0.91$0.94
Selling, general & administrative$683.26M$682.63M$658.78M$653.00M$653.33M$645.13M$623.23M$614.88M$580.33M$556.37M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Sprouts Farmers Market, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-272026-06-282026-03-292025-12-282025-09-282025-06-292025-03-302024-12-292024-09-292024-06-30
Cash & equivalents$228.66M$223.93M$252.16M$257.28M$322.42M$261.40M$285.66M$265.16M$309.67M$177.32M
Total assets$4.46B$4.33B$4.27B$4.16B$4.01B$3.78B$3.74B$3.64B$3.59B$3.41B
Current assets$735.87M$770.83M$772.29M$809.90M$817.54M$709.33M$732.29M$675.52M$693.60M$568.05M
Total liabilities$2.93B$2.83B$2.84B$2.76B$2.58B$2.43B$2.45B$2.32B$2.24B$2.14B
Current liabilities$759.15M$777.30M$837.80M$870.80M$781.49M$720.99M$771.99M$679.97M$616.02M$549.76M
Total equity incl. NCI$1.53B$1.50B$1.43B$1.40B$1.43B$1.36B$1.29B$1.32B$1.34B$1.27B
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$440.43M$436.81M$419.18M$427.10M$399.94M$351.11M$340.28M$343.33M$329.47M$325.58M
Accounts receivable$31.54M$65.52M$63.31M$65.22M$64.85M$61.55M$71.66M$30.90M$25.07M$31.38M
Goodwill$381.75M$381.75M$381.75M$381.75M$381.75M$381.75M$381.75M$381.75M$381.75M$381.75M
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$224.74M$272.31M$260.74M$291.03M$268.33M$248.98M$293.90M$213.41M$198.25M$158.77M

Cash flow

Sprouts Farmers Market, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-272026-06-282026-03-292025-12-282025-09-282025-06-292025-03-302024-12-292024-09-292024-06-30
Operating cash flow$186.13M$133.71M$235.29M$138.53M$167.13M$111.25M$299.09M$124.86M$209.06M$91.60M
Capital expenditures$94.30M$88.76M$101.15M$72.19M$55.76M$60.84M$59.48M$68.69M$52.76M$57.68M
Investing cash flow-$94.30M-$88.76M-$101.15M-$72.19M-$55.76M-$60.84M-$59.48M-$68.69M-$52.76M-$57.68M
Financing cash flow-$87.09M-$73.24M-$140.22M-$130.93M-$49.39M-$74.65M-$219.09M-$100.69M-$24.04M-$168.80M
Net change in cash$4.74M-$28.29M-$6.09M-$64.59M$61.98M-$24.24M$20.52M-$44.51M$132.25M-$134.88M
Stock-based compensation$3.80M$7.10M$8.56M$9.06M$7.64M$7.75M$6.66M$8.49M$6.66M$6.79M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchases$89.22M$70.00M$140.00M$130.00M$49.70M$73.46M$218.76M$98.77M$25.21M$44.49M
Depreciation & amortization$44.92M$43.08M$44.28M$41.72M$38.86M$36.61M$36.82M$36.28M$34.41M$31.49M

Derived

Sprouts Farmers Market, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-272026-06-282026-03-292025-12-282025-09-282025-06-292025-03-302024-12-292024-09-292024-06-30
Free cash flow$91.83M$44.95M$134.14M$66.34M$111.37M$50.41M$239.61M$56.18M$156.29M$33.92M
Gross margin38.2%38.7%39.4%38.0%38.7%38.8%39.6%38.1%38.1%37.9%
Operating margin6.6%7.5%9.2%5.7%7.2%8.1%10.1%5.3%6.3%6.7%
FCF margin4.0%1.9%5.8%3.1%5.1%2.3%10.7%2.8%8.0%1.8%
SBC / revenue0.2%0.3%0.4%0.4%0.3%0.3%0.3%0.4%0.3%0.4%
Current ratio0.97x0.99x0.92x0.93x1.05x0.98x0.95x0.99x1.13x1.03x
Revenue YoY growth4.7%4.7%4.1%7.6%13.1%17.3%18.7%17.5%13.6%11.9%
Net margin4.9%5.6%7.0%4.2%5.5%6.0%8.0%4.0%4.7%5.0%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue4.1%3.8%4.3%3.4%2.5%2.7%2.7%3.4%2.7%3.0%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate25.1%25.8%24.0%27.4%24.0%25.6%20.8%26.5%25.8%25.2%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open SFM in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-10-28View SEC filing
10-Q · Filed 2026-07-29View SEC filing
10-Q · Filed 2026-04-29View SEC filing
10-K · Filed 2026-02-19View SEC filing
10-Q · Filed 2025-10-29View SEC filing
10-Q · Filed 2025-07-30View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.