• Sprouts Farmers Market average return on tangible equity for 2023 was 51.88, a 8.89% increase from 2022.
• Sprouts Farmers Market average return on tangible equity for 2022 was 56.94, a 24.97% decline from 2021.
• Sprouts Farmers Market average return on tangible equity for 2021 was 75.89, a 73.12% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.