Sprouts Farmers Market, Inc. (SFM) Balance Sheet
SFM balance sheet, 2025
December 31, 2025 · U.S. dollars$4.16B assets = $2.76B liabilities + $1.40B equity
Both columns are drawn to the same scale: what SFM owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SFM financial health
Descriptive bands, not a rating. Fiscal 2025.
SFM balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.44B2016 | $4.16B2025 | +12.5%/yr | |
| Total liabilities | $767.0M2016 | $2.76B2025 | +15.3%/yr | |
| Shareholders’ equity | $672.9M2016 | $1.40B2025 | +8.5%/yr | |
| Cash & short-term investments | $12.5M2016 | $257.3M2025 | +40.0%/yr | |
| Total debt | $384.7M2016 | $1.94B2025 | +19.7%/yr | |
| Net cash (debt) | −$372.3M2016 | −$1.69B2025 | −$1.3B | |
| Working capital | $4.9M2016 | −$60.9M2025 | −$65.8M | |
| Book value per share | $4.502016 | $14.212025 | +13.6%/yr | |
| Current ratio | 1.022016 | 0.932025 | −0.09 | |
| Debt / equity | 0.572016 | 1.392025 | +0.81 | |
| Shares outstanding | 149.7M2016 | 98.7M2025 | −4.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SFM assets
SFM liabilities and equity
SFM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SFM balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $257.3M | $265.2M | $201.8M | $293.2M | $245.3M | $169.7M | $85.3M | $1.6M | $19.5M | $12.5M |
| Cash & equivalents | $257.3M | $265.2M | $201.8M | $293.2M | $245.3M | $169.7M | $85.3M | $1.6M | $19.5M | $12.5M |
| Short-term investments | — | — | — | — | — | — | — | $944,000 | $0 | $0 |
| Receivables | $96.4M | $39.7M | $53.9M | $34.3M | $33.2M | $23.6M | $15.7M | $41.0M | $25.9M | $27.4M |
| Inventory | $427.1M | $343.3M | $323.2M | $310.5M | $265.4M | $254.2M | $276.0M | $264.4M | $229.5M | $204.5M |
| Other current assets | $29.1M | $27.3M | $24.9M | $35.8M | $23.8M | $18.4M | $10.8M | $26.9M | $24.6M | $19.7M |
| Total current assets | $809.9M | $675.5M | $603.8M | $673.8M | $567.7M | $466.0M | $387.8M | $333.8M | $299.5M | $264.0M |
| Property, plant & equipment (net) | $2.74B | $2.36B | $2.12B | $1.83B | $1.79B | $1.77B | $1.77B | $766.4M | $713.0M | $604.7M |
| Goodwill & intangible assets | $590.0M | $589.8M | $589.8M | $553.8M | $553.8M | $553.8M | $553.5M | $562.9M | $564.3M | $565.7M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $578,000 | $0 | $0 |
| Other non-current assets | $20.7M | $13.2M | $12.3M | $14.0M | $13.5M | $14.7M | $11.7M | $11.9M | $4.8M | $5.5M |
| Total assets | $4.16B | $3.64B | $3.33B | $3.07B | $2.92B | $2.81B | $2.72B | $1.68B | $1.58B | $1.44B |
| Liabilities | ||||||||||
| Accounts payable | $291.0M | $213.4M | $179.9M | $172.9M | $145.9M | $139.3M | $122.8M | $120.3M | $119.0M | $115.3M |
| Short-term debt | $179.3M | $151.7M | $127.3M | $136.6M | $152.8M | $136.7M | $106.9M | $7.4M | $9.2M | $12.4M |
| Deferred revenue | — | — | — | — | — | $58.1M | $54.4M | −$34.2M | −$35.3M | $66.6M |
| Total current liabilities | $870.8M | $680.0M | $546.9M | $522.4M | $513.5M | $496.1M | $416.8M | $310.0M | $299.7M | $259.2M |
| Long-term debt | $0 | $0 | $125.0M | $250.0M | $250.0M | $250.0M | $549.4M | $572.6M | $473.5M | $372.4M |
| Lease obligations | $1.94B | $1.68B | $1.54B | $1.29B | $1.26B | $1.22B | $1.20B | $127.1M | $134.7M | $129.7M |
| Other long-term liabilities | $1.88B | $1.64B | $1.51B | $1.25B | $1.20B | $1.18B | $1.17B | $203.8M | $157.7M | $135.5M |
| Total liabilities | $2.76B | $2.32B | $2.18B | $2.02B | $1.96B | $1.93B | $2.14B | $1.09B | $930.9M | $767.0M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $96,000 | $99,000 | $101,000 | $105,000 | $111,000 | $118,000 | $117,000 | $124,000 | $132,000 | $140,000 |
| Retained earnings (deficit) | $561.1M | $513.7M | $373.6M | $320.0M | $258.8M | $203.0M | −$84.4M | −$69.2M | $30.6M | $75.5M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | — | — | $0 | −$3.8M | −$3.8M | −$8.5M | −$4.7M | $1.1M | −$784,000 | −$1.0M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $1.40B | $1.32B | $1.15B | $1.05B | $959.9M | $881.3M | $582.0M | $589.2M | $650.7M | $672.9M |
| Key figures | ||||||||||
| Total debt | $1.94B | $1.68B | $1.66B | $1.54B | $1.51B | $1.47B | $1.74B | $580.1M | $482.7M | $384.7M |
| Net cash (debt) | −$1.69B | −$1.41B | −$1.46B | −$1.25B | −$1.26B | −$1.30B | −$1.65B | −$578.5M | −$463.2M | −$372.3M |
| Working capital | −$60.9M | −$4.4M | $56.9M | $151.4M | $54.2M | −$30.2M | −$29.0M | $23.8M | −$207,000 | $4.9M |
| Tangible book value | $813.1M | $732.0M | $558.7M | $492.6M | $406.0M | $327.5M | $28.5M | $26.3M | $86.4M | $107.2M |
| Book value per share | $14.21 | $13.04 | $11.11 | $9.59 | $8.27 | $7.45 | $4.86 | $4.54 | $4.72 | $4.50 |
| Shares outstanding | 98.7M | 101.4M | 103.4M | 109.1M | 116.1M | 118.2M | 119.7M | 129.8M | 137.9M | 149.7M |
| Current ratio | 0.93 | 0.99 | 1.10 | 1.29 | 1.11 | 0.94 | 0.93 | 1.08 | 1.00 | 1.02 |
| Quick ratio | 0.41 | 0.45 | 0.47 | 0.63 | 0.54 | 0.39 | 0.24 | 0.14 | 0.15 | 0.15 |
| Debt / equity | 1.39 | 1.27 | 1.45 | 1.47 | 1.57 | 1.66 | 2.98 | 0.98 | 0.74 | 0.57 |
| Equity / assets | 33.7% | 36.3% | 34.5% | 34.1% | 32.8% | 31.4% | 21.4% | 35.2% | 41.1% | 46.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $223.9M | $252.2M | $257.3M | $322.4M | $261.4M | $285.7M | $265.2M | $309.7M | $177.3M | $312.3M | $201.8M | $251.8M |
| Cash & equivalents | $223.9M | $252.2M | $257.3M | $322.4M | $261.4M | $285.7M | $265.2M | $309.7M | $177.3M | $312.3M | $201.8M | $251.8M |
| Receivables | $65.5M | $63.3M | $96.4M | $64.8M | $61.5M | $71.7M | $39.7M | $25.1M | $31.4M | $36.3M | $53.9M | $16.2M |
| Inventory | $436.8M | $419.2M | $427.1M | $399.9M | $351.1M | $340.3M | $343.3M | $329.5M | $325.6M | $316.2M | $323.2M | $323.7M |
| Other current assets | $44.6M | $37.6M | $29.1M | $30.3M | $35.3M | $34.7M | $27.3M | $29.4M | $33.8M | $32.7M | $24.9M | $28.9M |
| Total current assets | $770.8M | $772.3M | $809.9M | $817.5M | $709.3M | $732.3M | $675.5M | $693.6M | $568.1M | $697.5M | $603.8M | $620.6M |
| Property, plant & equipment (net) | $2.95B | $2.89B | $2.74B | $2.59B | $2.47B | $2.40B | $2.36B | $2.29B | $2.24B | $2.17B | $2.12B | $2.07B |
| Goodwill & intangible assets | $590.0M | $590.0M | $590.0M | $590.0M | $589.9M | $589.9M | $589.8M | $589.8M | $589.8M | $589.8M | $589.8M | $589.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $23.2M | $21.8M | $20.7M | $19.9M | $17.1M | $15.3M | $13.2M | $13.4M | $14.5M | $12.3M | $12.3M | $12.8M |
| Total assets | $4.33B | $4.27B | $4.16B | $4.01B | $3.78B | $3.74B | $3.64B | $3.59B | $3.41B | $3.47B | $3.33B | $3.29B |
| Liabilities | ||||||||||||
| Accounts payable | $272.3M | $260.7M | $291.0M | $268.3M | $249.0M | $293.9M | $213.4M | $198.2M | $158.8M | $201.4M | $179.9M | $190.1M |
| Short-term debt | $182.3M | $187.9M | $179.3M | $172.2M | $163.2M | $155.5M | $151.7M | $128.7M | $127.5M | $128.3M | $127.3M | $109.3M |
| Deferred revenue | — | — | — | — | — | — | — | $1.4M | — | $8.9M | — | — |
| Total current liabilities | $777.3M | $837.8M | $870.8M | $781.5M | $721.0M | $772.0M | $680.0M | $616.0M | $549.8M | $585.9M | $546.9M | $541.5M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $125.0M | $125.0M | $150.0M |
| Lease obligations | $2.11B | $2.06B | $1.94B | $1.86B | $1.76B | $1.72B | $1.68B | $1.65B | $1.62B | $1.58B | $1.54B | $1.50B |
| Other long-term liabilities | $2.05B | $2.00B | $1.88B | $1.80B | $1.71B | $1.68B | $1.64B | $1.63B | $1.59B | $1.55B | $1.51B | $1.48B |
| Total liabilities | $2.83B | $2.84B | $2.76B | $2.58B | $2.43B | $2.45B | $2.32B | $2.24B | $2.14B | $2.26B | $2.18B | $2.18B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $94,000 | $95,000 | $96,000 | $98,000 | $98,000 | $98,000 | $99,000 | $100,000 | $100,000 | $101,000 | $101,000 | $101,000 |
| Retained earnings (deficit) | $642.2M | $583.7M | $561.1M | $602.6M | $532.6M | $473.1M | $513.7M | $543.9M | $477.8M | $427.3M | $373.6M | $346.9M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | $0 | $0 | $0 | $0 |
| Total shareholders' equity | $1.50B | $1.43B | $1.40B | $1.43B | $1.36B | $1.29B | $1.32B | $1.34B | $1.27B | $1.21B | $1.15B | $1.12B |
| Key figures | ||||||||||||
| Total debt | $2.11B | $2.06B | $1.94B | $1.86B | $1.76B | $1.72B | $1.68B | $1.65B | $1.62B | $1.70B | $1.66B | $1.65B |
| Net cash (debt) | −$1.88B | −$1.81B | −$1.69B | −$1.54B | −$1.49B | −$1.43B | −$1.41B | −$1.34B | −$1.44B | −$1.39B | −$1.46B | −$1.40B |
| Working capital | −$6.5M | −$65.5M | −$60.9M | $36.1M | −$11.7M | −$39.7M | −$4.4M | $77.6M | $18.3M | $111.5M | $56.9M | $79.0M |
| Tangible book value | $910.9M | $844.3M | $813.1M | $844.6M | $766.6M | $698.1M | $732.0M | $753.7M | $679.5M | $621.2M | $558.7M | $525.2M |
| Book value per share | $15.90 | $15.00 | $14.39 | $14.53 | $13.73 | $12.92 | $13.04 | $13.30 | $12.54 | $11.87 | $11.24 | $10.86 |
| Shares outstanding | 94.4M | 95.6M | 97.5M | 98.7M | 98.8M | 99.7M | 101.4M | 101.0M | 101.2M | 102.0M | 102.2M | 102.7M |
| Current ratio | 0.99 | 0.92 | 0.93 | 1.05 | 0.98 | 0.95 | 0.99 | 1.13 | 1.03 | 1.19 | 1.10 | 1.15 |
| Quick ratio | 0.37 | 0.38 | 0.41 | 0.50 | 0.45 | 0.46 | 0.45 | 0.54 | 0.38 | 0.59 | 0.47 | 0.49 |
| Debt / equity | 1.40 | 1.44 | 1.39 | 1.30 | 1.29 | 1.33 | 1.27 | 1.23 | 1.28 | 1.41 | 1.45 | 1.48 |
| Equity / assets | 34.6% | 33.6% | 33.7% | 35.7% | 35.9% | 34.5% | 36.3% | 37.5% | 37.2% | 34.9% | 34.5% | 33.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 19, 2026); data from EODHD.
SFM financial position
At the end of fiscal 2025 (December 31, 2025), Sprouts Farmers Market had total assets of $4.2 billion (up 14.2% from a year earlier), total liabilities of $2.8 billion and shareholders' equity of $1.4 billion. It held $257.3 million in cash and short-term investments against $1.9 billion of debt, net debt of $1.7 billion. Its current ratio was 0.93. In the latest quarter (ended June 30, 2026) total assets were $4.3 billion and equity $1.5 billion.
Related: SFM income statement, SFM cash flow statement, SFM key metrics. See the SFM stock overview for the latest quote and news.
SFM balance sheet FAQ
What are Sprouts Farmers Market's total assets?
Sprouts Farmers Market reported total assets of $4.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $3.6 billion a year earlier.
How much debt does Sprouts Farmers Market have?
Sprouts Farmers Market had $1.9 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.39.
How much cash does Sprouts Farmers Market have?
Sprouts Farmers Market held $257.3 million in cash and short-term investments at the end of fiscal 2025; with $1.9 billion of debt that is net debt of $1.7 billion.
What is Sprouts Farmers Market's book value?
Sprouts Farmers Market's shareholders' equity (book value) was $1.4 billion at the end of fiscal 2025, or $14.21 per share.
What is Sprouts Farmers Market's current ratio?
Sprouts Farmers Market had current assets of $809.9 million and current liabilities of $870.8 million, a current ratio of 0.93 (current liabilities exceed current assets).
How much goodwill does Sprouts Farmers Market have?
Sprouts Farmers Market carried $590.0 million of goodwill and intangible assets, 14.2% of total assets, at the end of fiscal 2025.