Latest Ratios: P/E Ratio 15.8x · EV/EBITDA 9.6x · ROE 38.4%. (2011–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $7.9B | $7.9B | $13.0B | $5.0B | $3.5B | $3.4B | $2.4B | $2.3B | $3.1B | $3.4B | $2.8B |
| Enterprise Value | $9.6B | $9.5B | $14.4B | $6.4B | $4.8B | $4.7B | $3.7B | $4.0B | $3.6B | $3.8B | $3.2B |
| P/E Ratio → | 15.84 | 14.99 | 34.27 | 19.24 | 13.54 | 14.13 | 8.27 | 15.48 | 19.27 | 21.17 | 22.80 |
| P/S Ratio | 0.90 | 0.89 | 1.69 | 0.73 | 0.55 | 0.56 | 0.37 | 0.41 | 0.59 | 0.72 | 0.70 |
| P/B Ratio | 5.92 | 5.60 | 9.85 | 4.33 | 3.38 | 3.59 | 2.70 | 3.98 | 5.18 | 5.16 | 4.21 |
| P/FCF | 16.91 | 16.80 | 31.40 | 20.75 | 14.28 | 13.13 | 6.39 | 13.47 | 26.01 | 30.26 | 38.87 |
| P/OCF | 11.04 | 10.97 | 20.19 | 10.70 | 9.51 | 9.44 | 4.81 | 6.52 | 10.36 | 10.85 | 11.13 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.08 | 1.87 | 0.94 | 0.75 | 0.77 | 0.57 | 0.70 | 0.70 | 0.82 | 0.79 |
| EV / EBITDA | 9.64 | 9.59 | 22.40 | 13.34 | 9.85 | 10.24 | 7.09 | 11.66 | 10.88 | 11.83 | 10.91 |
| EV / EBIT | 13.88 | 13.81 | 28.60 | 16.64 | 13.05 | 13.90 | 9.38 | 17.91 | 15.48 | 16.85 | 14.84 |
| EV / FCF | — | 20.40 | 34.81 | 26.83 | 19.33 | 17.94 | 9.87 | 23.07 | 30.94 | 34.44 | 43.98 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.1% | 37.1% | 38.4% | 37.1% | 36.9% | 36.4% | 36.9% | 33.8% | 33.6% | 33.6% | 33.7% |
| Operating Margin | 7.8% | 7.8% | 6.5% | 5.1% | 5.6% | 5.5% | 6.1% | 3.9% | 4.3% | 4.8% | 5.3% |
| Net Profit Margin | 5.9% | 5.9% | 4.9% | 3.8% | 4.1% | 4.0% | 4.4% | 2.7% | 3.0% | 3.4% | 3.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 38.4% | 38.4% | 30.8% | 23.6% | 26.0% | 26.5% | 39.3% | 25.6% | 25.6% | 23.9% | 16.6% |
| ROA | 13.4% | 13.4% | 10.9% | 8.1% | 8.7% | 8.5% | 10.4% | 6.8% | 9.7% | 10.5% | 8.7% |
| ROIC | 17.8% | 17.8% | 14.2% | 10.7% | 11.9% | 11.4% | 13.3% | 9.6% | 14.7% | 15.7% | 15.8% |
| ROCE | 22.1% | 22.1% | 17.6% | 13.1% | 14.5% | 14.2% | 17.0% | 11.8% | 16.8% | 18.4% | 17.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.39 | 1.39 | 1.27 | 1.45 | 1.47 | 1.57 | 1.66 | 2.98 | 0.98 | 0.74 | 0.57 |
| Debt / EBITDA | 1.95 | 1.95 | 2.60 | 3.44 | 3.17 | 3.28 | 2.83 | 5.10 | 1.74 | 1.49 | 1.31 |
| Net Debt / Equity | — | 1.20 | 1.07 | 1.27 | 1.19 | 1.32 | 1.47 | 2.84 | 0.98 | 0.71 | 0.55 |
| Net Debt / EBITDA | 1.69 | 1.69 | 2.19 | 3.03 | 2.57 | 2.75 | 2.50 | 4.85 | 1.73 | 1.43 | 1.27 |
| Debt / FCF | — | 3.60 | 3.41 | 6.08 | 5.04 | 4.81 | 3.49 | 9.59 | 4.93 | 4.18 | 5.11 |
| Interest Coverage | 259.93 | 259.93 | 87.38 | 59.57 | 33.11 | 19.40 | 20.51 | 10.58 | 8.43 | 10.71 | 14.60 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.93 | 0.93 | 0.99 | 1.10 | 1.29 | 1.11 | 0.94 | 0.93 | 1.08 | 1.00 | 1.02 |
| Quick Ratio | 0.44 | 0.44 | 0.49 | 0.51 | 0.70 | 0.59 | 0.43 | 0.27 | 0.22 | 0.23 | 0.23 |
| Cash Ratio | 0.30 | 0.30 | 0.39 | 0.37 | 0.56 | 0.48 | 0.34 | 0.20 | 0.01 | 0.06 | 0.05 |
| Asset Turnover | — | 2.12 | 2.12 | 2.05 | 2.09 | 2.09 | 2.30 | 2.07 | 3.11 | 2.95 | 2.81 |
| Inventory Turnover | 12.97 | 12.97 | 13.86 | 13.30 | 13.02 | 14.62 | 16.06 | 13.52 | 13.09 | 13.49 | 13.12 |
| Days Sales Outstanding | — | 2.70 | 1.88 | 2.88 | 1.95 | 1.99 | 1.33 | 1.02 | 2.87 | 2.03 | 2.47 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.3% | 6.7% | 2.9% | 5.2% | 7.4% | 7.1% | 12.1% | 6.5% | 5.2% | 4.7% | 4.4% |
| FCF Yield | 5.9% | 6.0% | 3.2% | 4.8% | 7.0% | 7.6% | 15.7% | 7.4% | 3.8% | 3.3% | 2.6% |
| Buyback Yield | 6.0% | 6.0% | 1.8% | 4.1% | 5.7% | 5.5% | 0.0% | 7.6% | 8.5% | 6.1% | 10.4% |
| Total Shareholder Yield | 6.0% | 6.0% | 1.8% | 4.1% | 5.7% | 5.5% | 0.0% | 7.6% | 8.5% | 6.1% | 10.4% |
| Shares Outstanding | — | $99M | $101M | $103M | $109M | $116M | $118M | $120M | $130M | $138M | $150M |
Competitive margin compression risk
According to recent market data, SFM trades at a forward P/E of 14.69, which appears to discount the company's historical growth rates in favor of a more conservative outlook as the specialty grocery sector faces increased competition from mass-market retailers expanding their organic and natural product offerings.
The current PEG ratio of 0.91 suggests that the market may be underpricing the company's earnings growth potential relative to its specialty retail peers. Investors should monitor whether this valuation gap persists as the company continues its transition toward a more efficient, smaller-format store model.
Based on reported financial figures, SFM's ROIC has fluctuated between 2.0% and 6.3% over the last ten quarters, indicating that while the company is compounding its asset base, the returns on that capital remain sensitive to the timing of new store openings and associated pre-opening expenses.
The recent uptick to 5.1% in 2026Q1 suggests that the shift toward smaller, lower-capex store formats may be beginning to yield improved capital efficiency. However, sustained compounding will require management to maintain these returns as the store count expands into more competitive regional markets.
As reported in quarterly filings, the company maintains a lean cash conversion cycle, with DIO consistently hovering around 25 days, which allows SFM to leverage its high inventory turnover to offset the inherent risks of managing a perishable-heavy product mix in a competitive retail environment.
The low DSO of 2-3 days confirms the transactional, cash-based nature of the business, which minimizes credit risk. This efficiency is critical for maintaining liquidity, especially given the company's reliance on rapid inventory movement to support its narrow current ratio.
Investors frequently misapply the standard debt-to-equity ratio to SFM, which, at 1.44, obscures the significant off-balance-sheet impact of operating lease liabilities inherent in the company's strategy of leasing its 30,000 square foot store locations across the Western United States.
A more accurate assessment of the company's leverage would require capitalizing these lease obligations to reflect the true fixed-cost burden. Relying solely on reported debt-to-equity ratios may lead to an underestimation of the company's financial risk profile during periods of economic contraction.
Includes 30+ ratios · 15 years · Updated daily
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Quick answers to the most common questions about buying SFM stock.
Sprouts Farmers Market, Inc.'s current P/E ratio is 15.8x. The historical average is 28.3x. This places it at the 38th percentile of its historical range.
Sprouts Farmers Market, Inc.'s current EV/EBITDA is 9.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.2x.
Sprouts Farmers Market, Inc.'s return on equity (ROE) is 38.4%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 21.2%.
Based on historical data, Sprouts Farmers Market, Inc. is trading at a P/E of 15.8x. This is at the 38th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Sprouts Farmers Market, Inc. has 37.1% gross margin and 7.8% operating margin.
Sprouts Farmers Market, Inc.'s Debt/EBITDA ratio is 2.0x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.