SFM
Sprouts Farmers Market, Inc.
Next earnings Jul 28, 2026 (after close) · consensus $1.36 EPS, $2.35B rev
Last earnings +0.6% on 2026-04-29
$89.94
▲ +9.88%$89.94▼ -44.53%
over 1Y
L $65.56H $169.61
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+9.9%
1W+9.6%
1M+15.2%
3M+16.0%
YTD+11.5%
1Y-44.5%
Buy
Conviction
Horizon
Long (>12mo)
12-mo target
$•••
Street · 22 analysts
Buy
Specialty grocer firing on all cylinders: 14% revenue growth, 38% net-income growth and a 37% ROE at just 15x earnings.
P/E 15.2 · current
The read
Quality fundamentals and an attractive price line up (~124% below fair value) — the rarer case where both the business and the entry look good.
Sprouts Farmers Market is executing exceptionally well in the notoriously low-margin grocery sector. FY2025 revenue grew 14.1% to $8.81B and net income jumped 37.6% to $524M, with diluted EPS up 41.6% to $5.31 — growth that is accelerating, not maturing (net income rose from $287M in FY2021 to $524M in FY2025). Operating income expanded 36.0% to $686M and gross margin reached 38.8%, well above conventional grocers, reflecting Sprouts' differentiated fresh/natural/specialty positioning and private-label strength.
The quality metrics are outstanding for the industry: a 37.3% return on equity, $716M of operating cash flow (+11.0%) funding both store expansion (capex $248M) and aggressive buybacks ($472M, +106.6%) that cut the share count 4.1%. The balance sheet is conservative for a retailer, with minimal long-term debt; the 1.96x liabilities/equity ratio is driven largely by operating leases rather than financial debt.
Is SFM a buy? The one-page verdict, explained →
The options angle
model · matches our verdictBull call spread (wide)~90d expiry
- Long call 90 @ ~9.47 est
- Short call 103 @ ~4.82 est
debit $465max +$835max −$465BE 94.65
High-conviction BUY: a wider spread keeps more of the upside while the short call still cuts cost and decay.
Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $6.47B | $6.10B | $6.84B | $7.72B | $8.81B |
| Gross profit | $2.38B | $2.21B | $2.52B | $2.94B | $3.42B |
| Operating income | $392M | $334M | $350M | $504M | $686M |
| Net income | $287M | $244M | $259M | $381M | $524M |
| Diluted EPS | $2.43 | $2.10 | $2.50 | $3.75 | $5.31 |
| Net margin | 4.4% | 4.0% | 3.8% | 4.9% | 5.9% |
10-year statements — income, cash flow, balance sheet & CSV export →
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$8.33B
EV / EBITDA9.9
EV / Sales0.9
EV / FCF17.8
P / FCF18.1
PEG (trailing)0.45
Earnings yield6.2%
FCF yield5.5%
Quality & risk
ROIC (est.)35.3%
Free cash flow$468M
Total debt$133M
Net cash$125M
Altman Z-Score4.68 safe
Piotroski F-Score7/9
Capital returns
Buyback yield5.6%
Dividend yield (est.)—
Shareholder yield5.6%
Shares Δ YoY-4.1%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗4Period ending 2026-06-112026-06-12open ↗144Filing2026-06-11open ↗4Period ending 2026-06-052026-06-09open ↗4Period ending 2026-06-042026-06-08open ↗144Filing2026-06-05open ↗3Period ending 2026-05-192026-05-28open ↗8-KPeriod ending 2026-05-202026-05-21open ↗144Filing2026-05-19open ↗8-KPeriod ending 2026-05-192026-05-19open ↗SCHEDULE 13G/AFiling2026-05-06open ↗SCHEDULE 13G/AFiling2026-05-06open ↗4Period ending 2026-05-012026-05-01open ↗
Frequently asked
- Is Sprouts Farmers Market, Inc. (SFM) a buy?
- SFM currently carries a Buy rating with 4/5 conviction, derived from its latest SEC filings. Specialty grocer firing on all cylinders: 14% revenue growth, 38% net-income growth and a 37% ROE at just 15x earnings.
- What is SFM's fair value?
- A Modified-Graham model based on SFM's SEC fundamentals estimates a fair value of about $201.78. It is an estimate from reported earnings, not a price target.
- Is SFM overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, SFM currently appears undervalued relative to its SEC-grounded earnings power.
- What is Sprouts Farmers Market, Inc.'s quality score?
- SFM scores 73.55951626114467/100 (grade B) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001575515, latest 10-Q filed 2026-04-29) · EODHD · Proprietary analysis · as of 6/21/2026, 8:52:30 PM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 21, 2026, 4:52 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.