Business Description
Sprouts Farmers Market, Inc. is a U.S.-based retailer that specializes in providing fresh, natural, and organic food options. The company's comprehensive product lineup includes both temperature-sensitive and shelf-stable goods. Among its perishable offerings are a wide selection of fresh produce, various meats, seafood, deli items, baked goods, floral arrangements, dairy products, and plant-based dairy substitutes. For non-perishable needs, Sprouts stocks traditional groceries, vitamins and nutritional supplements, bulk items, frozen foods, alcoholic beverages like beer and wine, and natural health and personal care products. As of January 2, 2022, Sprouts Farmers Market operated 374 stores throughout 23 states. The company was established in 2002 and its corporate headquarters are located in Phoenix, Arizona.
Business History
Price Overview
Last updated: Jun 27, 2026 8:58am (just now)Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): 5.36
Total Equity: $1.40B
Shares: 98,704,000
Total Debt: $1.76B
Cash: $257.28M
EBITDA: $995.76M
Total Debt: $1.76B
Cash: $257.28M
Revenue: $8.81B
Revenue: $8.81B
Revenue: $8.81B
Total Equity: $1.40B
Tax Rate: 24.0%
Equity: $1.40B
Total Debt: $1.76B
Cash: $257.28M
Current Liabilities: $870.80M
Long-Term Debt: $1.76B
Total Debt: $1.76B
Total Equity: $1.40B
Shares: 98,704,000
Shares: 98,704,000
CapEx: -$248.27M
Shares: 98,704,000
Stock Price: $82.14
Net Income: $523.67M
Industry Benchmarks
Deep Analysis
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Income Statement (Annual)
Last updated: Jun 21, 2026 11:23pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $6.1B | $6.4B | $6.8B | $7.7B | $8.8B |
| Cost of Revenue | $3.9B | $4.0B | $4.3B | $4.8B | $5.5B |
| Gross Profit | $2.2B | $2.4B | $2.5B | $3.0B | $3.3B |
| Operating Expenses | $1.9B | $2.0B | $2.2B | $2.5B | $2.6B |
| Operating Income | $334.1M | $358.4M | $350.2M | $504.5M | $691.1M |
| Net Income | $244.2M | $261.2M | $258.9M | $380.6M | $523.7M |
| EBITDA | $464.4M | $493.5M | $518.6M | $645.1M | $995.8M |
| EPS | $2.12 | $2.41 | $2.53 | $3.79 | $5.36 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 11:23pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $245.3M | $293.2M | $201.8M | $265.2M | $257.3M |
| Total Current Assets | $567.7M | $673.8M | $603.8M | $675.5M | $809.9M |
| Total Assets | $2.9B | $3.1B | $3.3B | $3.6B | $4.2B |
| Current Liabilities | $513.5M | $522.4M | $546.9M | $680.0M | $870.8M |
| Long-Term Debt | $250.0M | $250.0M | $125.0M | $0 | $1.8B |
| Total Liabilities | $2.0B | $2.0B | $2.2B | $2.3B | $2.8B |
| Total Equity | $959.9M | $1.0B | $1.1B | $1.3B | $1.4B |
| Retained Earnings | $258.8M | $320.0M | $373.6M | $513.7M | $561.1M |
Cash Flow (Annual)
Last updated: Jun 21, 2026 11:23pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $364.8M | $371.3M | $465.1M | $645.2M | $716.0M |
| Capital Expenditure | -$102.4M | -$124.0M | -$225.3M | -$230.4M | -$248.3M |
| Free Cash Flow | $262.4M | $247.3M | $239.8M | $414.8M | $467.7M |
| Acquisitions (net) | $0 | $0 | -$13.0M | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$188.3M | -$200.0M | -$203.5M | -$228.5M | -$471.9M |
| Net Change in Cash | $75.6M | $48.2M | -$91.3M | $63.3M | -$6.3M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 8:58am (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$10.2B $10.2B – $10.2B
|
$11.1B $11.1B – $11.1B
|
$12.5B $12.4B – $12.6B
|
$13.8B $13.6B – $13.9B
|
| EBITDA |
$869.8M $868.9M – $870.7M
|
$946.8M $945.8M – $947.9M
|
$1.1B $1.1B – $1.1B
|
$1.2B $1.2B – $1.2B
|
| Net Income |
$587.5M $581.4M – $593.5M
|
$655.1M $590.2M – $720.1M
|
$676.1M $667.6M – $682.7M
|
$730.4M $721.2M – $737.5M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 11:23pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +5.0% | +6.8% | +12.9% | +14.1% |
| Gross Profit Growth | +6.4% | +7.6% | +16.6% | +10.3% |
| Operating Income Growth | +7.3% | -2.3% | +44.0% | +37.0% |
| Net Income Growth | +7.0% | -0.9% | +47.0% | +37.6% |
| EBITDA Growth | +6.3% | +5.1% | +24.4% | +54.4% |
Narrative Economics
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