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Side-by-side financial comparison of Sprouts Farmers Market, Inc. (SFM) and Simon Property Group (SPG). Click either name above to swap in a different company.

Sprouts Farmers Market, Inc. is the larger business by last-quarter revenue ($2.1B vs $1.8B, roughly 1.2× Simon Property Group). Simon Property Group runs the higher net margin — 197.6% vs 4.2%, a 193.4% gap on every dollar of revenue. On growth, Simon Property Group posted the faster year-over-year revenue change (13.2% vs -72.2%). Over the past eight quarters, Simon Property Group's revenue compounded faster (11.4% CAGR vs 6.5%).

Sprouts Farmers Market, Inc., is a supermarket chain headquartered in Phoenix, Arizona, offering natural and organic foods, including fresh produce, bulk foods, packaged groceries, meat, poultry, seafood, deli, baked goods, dairy products, and frozen foods. They also sell vitamins and supplements, natural body care, and household items. Sprouts employs 35,000 workers and operates more than 400 stores in 24 states.

Simon Media Properties, LLC, doing business as Simon Property Group, Inc., is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. As of December 31, 2024, it owned interests in 232 properties.

SFM vs SPG — Head-to-Head

Bigger by revenue
SFM
SFM
1.2× larger
SFM
$2.1B
$1.8B
SPG
Growing faster (revenue YoY)
SPG
SPG
+85.4% gap
SPG
13.2%
-72.2%
SFM
Higher net margin
SPG
SPG
193.4% more per $
SPG
197.6%
4.2%
SFM
Faster 2-yr revenue CAGR
SPG
SPG
Annualised
SPG
11.4%
6.5%
SFM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SFM
SFM
SPG
SPG
Revenue
$2.1B
$1.8B
Net Profit
$89.8M
$3.5B
Gross Margin
38.0%
Operating Margin
5.7%
49.7%
Net Margin
4.2%
197.6%
Revenue YoY
-72.2%
13.2%
Net Profit YoY
-76.4%
358.7%
EPS (diluted)
$0.92
$9.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SFM
SFM
SPG
SPG
Q1 26
$2.1B
Q4 25
$2.1B
$1.8B
Q3 25
$2.2B
$1.6B
Q2 25
$2.2B
$1.5B
Q1 25
$2.2B
$1.5B
Q4 24
$2.0B
$1.6B
Q3 24
$1.9B
$1.5B
Q2 24
$1.9B
$1.5B
Net Profit
SFM
SFM
SPG
SPG
Q1 26
$89.8M
Q4 25
$89.8M
$3.5B
Q3 25
$120.1M
$702.7M
Q2 25
$133.7M
$643.7M
Q1 25
$180.0M
$477.9M
Q4 24
$79.6M
$771.8M
Q3 24
$91.6M
$546.7M
Q2 24
$95.3M
$569.4M
Gross Margin
SFM
SFM
SPG
SPG
Q1 26
38.0%
Q4 25
38.0%
Q3 25
38.7%
Q2 25
38.8%
Q1 25
39.6%
Q4 24
38.1%
Q3 24
38.1%
Q2 24
37.9%
Operating Margin
SFM
SFM
SPG
SPG
Q1 26
5.7%
Q4 25
5.7%
49.7%
Q3 25
7.2%
50.8%
Q2 25
8.1%
49.7%
Q1 25
10.1%
49.4%
Q4 24
5.3%
52.8%
Q3 24
6.3%
51.9%
Q2 24
6.7%
51.7%
Net Margin
SFM
SFM
SPG
SPG
Q1 26
4.2%
Q4 25
4.2%
197.6%
Q3 25
5.5%
43.9%
Q2 25
6.0%
43.0%
Q1 25
8.0%
32.4%
Q4 24
4.0%
48.8%
Q3 24
4.7%
36.9%
Q2 24
5.0%
39.0%
EPS (diluted)
SFM
SFM
SPG
SPG
Q1 26
$0.92
Q4 25
$0.93
$9.34
Q3 25
$1.22
$1.86
Q2 25
$1.35
$1.70
Q1 25
$1.81
$1.27
Q4 24
$0.78
$2.04
Q3 24
$0.91
$1.46
Q2 24
$0.94
$1.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SFM
SFM
SPG
SPG
Cash + ST InvestmentsLiquidity on hand
$257.3M
$823.1M
Total DebtLower is stronger
$28.4B
Stockholders' EquityBook value
$1.4B
$5.2B
Total Assets
$4.2B
$40.6B
Debt / EquityLower = less leverage
5.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SFM
SFM
SPG
SPG
Q1 26
$257.3M
Q4 25
$257.3M
$823.1M
Q3 25
$322.4M
$1.6B
Q2 25
$261.4M
$1.2B
Q1 25
$285.7M
$1.4B
Q4 24
$265.2M
$1.4B
Q3 24
$309.7M
$2.5B
Q2 24
$177.3M
$2.5B
Total Debt
SFM
SFM
SPG
SPG
Q1 26
Q4 25
$28.4B
Q3 25
$25.8B
Q2 25
$25.4B
Q1 25
$24.8B
Q4 24
$24.3B
Q3 24
$25.4B
Q2 24
$25.3B
Stockholders' Equity
SFM
SFM
SPG
SPG
Q1 26
$1.4B
Q4 25
$1.4B
$5.2B
Q3 25
$1.4B
$2.3B
Q2 25
$1.4B
$2.5B
Q1 25
$1.3B
$2.6B
Q4 24
$1.3B
$2.9B
Q3 24
$1.3B
$2.7B
Q2 24
$1.3B
$2.9B
Total Assets
SFM
SFM
SPG
SPG
Q1 26
$4.2B
Q4 25
$4.2B
$40.6B
Q3 25
$4.0B
$33.6B
Q2 25
$3.8B
$33.3B
Q1 25
$3.7B
$32.5B
Q4 24
$3.6B
$32.4B
Q3 24
$3.6B
$33.3B
Q2 24
$3.4B
$33.4B
Debt / Equity
SFM
SFM
SPG
SPG
Q1 26
Q4 25
5.46×
Q3 25
10.98×
Q2 25
10.36×
Q1 25
9.50×
Q4 24
8.25×
Q3 24
9.37×
Q2 24
8.59×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SFM
SFM
SPG
SPG
Operating Cash FlowLast quarter
$1.2B
Free Cash FlowOCF − Capex
$948.8M
FCF MarginFCF / Revenue
53.0%
Capex IntensityCapex / Revenue
14.2%
Cash ConversionOCF / Net Profit
0.34×
TTM Free Cash FlowTrailing 4 quarters
$3.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SFM
SFM
SPG
SPG
Q1 26
Q4 25
$138.5M
$1.2B
Q3 25
$167.1M
$890.3M
Q2 25
$111.2M
$1.2B
Q1 25
$299.1M
$827.2M
Q4 24
$124.9M
$1.1B
Q3 24
$209.1M
$892.9M
Q2 24
$91.6M
$1.1B
Free Cash Flow
SFM
SFM
SPG
SPG
Q1 26
Q4 25
$66.3M
$948.8M
Q3 25
$111.4M
$685.0M
Q2 25
$50.4M
$971.3M
Q1 25
$239.6M
$597.0M
Q4 24
$56.2M
$867.7M
Q3 24
$156.3M
$706.5M
Q2 24
$33.9M
$874.8M
FCF Margin
SFM
SFM
SPG
SPG
Q1 26
Q4 25
3.1%
53.0%
Q3 25
5.1%
42.8%
Q2 25
2.3%
64.8%
Q1 25
10.7%
40.5%
Q4 24
2.8%
54.8%
Q3 24
8.0%
47.7%
Q2 24
1.8%
60.0%
Capex Intensity
SFM
SFM
SPG
SPG
Q1 26
Q4 25
3.4%
14.2%
Q3 25
2.5%
12.8%
Q2 25
2.7%
16.3%
Q1 25
2.7%
15.6%
Q4 24
3.4%
13.8%
Q3 24
2.7%
12.6%
Q2 24
3.0%
12.9%
Cash Conversion
SFM
SFM
SPG
SPG
Q1 26
Q4 25
1.54×
0.34×
Q3 25
1.39×
1.27×
Q2 25
0.83×
1.89×
Q1 25
1.66×
1.73×
Q4 24
1.57×
1.41×
Q3 24
2.28×
1.63×
Q2 24
0.96×
1.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SFM
SFM

Segment breakdown not available.

SPG
SPG

Real Estate Segment$1.7B95%
Other$86.3M5%

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