SpartanNash Gross Profit from 2010 to 2024

SPTN Stock  USD 19.09  0.33  1.76%   
SpartanNash Gross Profit yearly trend continues to be very stable with very little volatility. Gross Profit is likely to drop to about 803.9 M. Gross Profit is the profit SpartanNash Co makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1996-09-30
Previous Quarter
353 M
Current Value
354.6 M
Quarterly Volatility
111.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SpartanNash financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SpartanNash's main balance sheet or income statement drivers, such as Depreciation And Amortization of 159.5 K, Interest Expense of 19 M or Selling General Administrative of 718.3 M, as well as many indicators such as Price To Sales Ratio of 0.08, Dividend Yield of 0.0158 or PTB Ratio of 1.0. SpartanNash financial statements analysis is a perfect complement when working with SpartanNash Valuation or Volatility modules.
  
Check out the analysis of SpartanNash Correlation against competitors.

Latest SpartanNash's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of SpartanNash Co over the last few years. Gross profit is a required income statement account that reflects total revenue of SpartanNash Co minus its cost of goods sold. It is profit before SpartanNash operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. SpartanNash's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SpartanNash's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.5 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

SpartanNash Gross Profit Regression Statistics

Arithmetic Mean998,957,022
Geometric Mean903,654,778
Coefficient Of Variation38.25
Mean Deviation315,430,771
Median1,115,682,000
Standard Deviation382,057,313
Sample Variance145967.8T
Range1.3B
R-Value0.71
Mean Square Error77766.2T
R-Squared0.51
Significance0
Slope60,727,375
Total Sum of Squares2043549.1T

SpartanNash Gross Profit History

2024803.9 M
20231.1 B
20221.5 B
20211.4 B
20201.4 B
20191.2 B
20181.1 B

Other Fundumenentals of SpartanNash

SpartanNash Gross Profit component correlations

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-0.090.06-0.240.04-0.19-0.24-0.17-0.13-0.580.080.7-0.12-0.45-0.03-0.06-0.250.50.270.590.410.430.12
0.90.76-0.240.470.870.820.940.890.370.80.00.84-0.050.80.710.91-0.55-0.82-0.7-0.33-0.420.16
0.770.870.040.470.780.620.690.720.090.790.550.37-0.140.750.760.60.08-0.67-0.34-0.11-0.230.15
0.980.92-0.190.870.780.880.980.960.410.910.210.73-0.180.910.90.92-0.29-0.86-0.66-0.33-0.470.12
0.880.81-0.240.820.620.880.880.890.540.810.140.74-0.190.810.920.93-0.38-0.92-0.69-0.56-0.56-0.3
0.990.89-0.170.940.690.980.880.970.40.910.180.8-0.130.90.870.95-0.39-0.84-0.68-0.31-0.440.12
0.980.94-0.130.890.720.960.890.970.290.960.230.86-0.210.910.920.94-0.27-0.88-0.54-0.2-0.30.13
0.310.11-0.580.370.090.410.540.40.290.11-0.460.110.040.290.370.45-0.45-0.36-0.76-0.8-0.85-0.45
0.960.990.080.80.790.910.810.910.960.110.490.79-0.260.910.920.84-0.07-0.83-0.38-0.08-0.170.18
0.30.520.70.00.550.210.140.180.23-0.460.490.06-0.30.30.380.040.57-0.20.310.250.250.04
0.790.71-0.120.840.370.730.740.80.860.110.790.06-0.170.690.70.86-0.41-0.72-0.370.010.00.1
-0.18-0.25-0.45-0.05-0.14-0.18-0.19-0.13-0.210.04-0.26-0.3-0.17-0.22-0.34-0.1-0.360.17-0.16-0.05-0.060.08
0.930.91-0.030.80.750.910.810.90.910.290.910.30.69-0.220.890.87-0.2-0.79-0.52-0.27-0.40.16
0.910.92-0.060.710.760.90.920.870.920.370.920.380.7-0.340.890.85-0.06-0.86-0.48-0.34-0.39-0.14
0.930.81-0.250.910.60.920.930.950.940.450.840.040.86-0.10.870.85-0.54-0.85-0.7-0.4-0.46-0.06
-0.28-0.030.5-0.550.08-0.29-0.38-0.39-0.27-0.45-0.070.57-0.41-0.36-0.2-0.06-0.540.270.70.480.480.15
-0.87-0.850.27-0.82-0.67-0.86-0.92-0.84-0.88-0.36-0.83-0.2-0.720.17-0.79-0.86-0.850.270.620.420.430.08
-0.6-0.390.59-0.7-0.34-0.66-0.69-0.68-0.54-0.76-0.380.31-0.37-0.16-0.52-0.48-0.70.70.620.730.840.2
-0.25-0.120.41-0.33-0.11-0.33-0.56-0.31-0.2-0.8-0.080.250.01-0.05-0.27-0.34-0.40.480.420.730.940.61
-0.37-0.220.43-0.42-0.23-0.47-0.56-0.44-0.3-0.85-0.170.250.0-0.06-0.4-0.39-0.460.480.430.840.940.38
0.140.180.120.160.150.12-0.30.120.13-0.450.180.040.10.080.16-0.14-0.060.150.080.20.610.38
Click cells to compare fundamentals

About SpartanNash Financial Statements

SpartanNash investors utilize fundamental indicators, such as Gross Profit, to predict how SpartanNash Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit1.1 B803.9 M
Gross Profit Margin 0.16  0.14 

Pair Trading with SpartanNash

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SpartanNash position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SpartanNash will appreciate offsetting losses from the drop in the long position's value.

Moving against SpartanNash Stock

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The ability to find closely correlated positions to SpartanNash could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SpartanNash when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SpartanNash - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SpartanNash Co to buy it.
The correlation of SpartanNash is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SpartanNash moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SpartanNash moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SpartanNash can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether SpartanNash offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SpartanNash's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spartannash Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spartannash Co Stock:
Check out the analysis of SpartanNash Correlation against competitors.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SpartanNash. If investors know SpartanNash will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SpartanNash listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.868
Earnings Share
1.33
Revenue Per Share
281.208
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0362
The market value of SpartanNash is measured differently than its book value, which is the value of SpartanNash that is recorded on the company's balance sheet. Investors also form their own opinion of SpartanNash's value that differs from its market value or its book value, called intrinsic value, which is SpartanNash's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SpartanNash's market value can be influenced by many factors that don't directly affect SpartanNash's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SpartanNash's value and its price as these two are different measures arrived at by different means. Investors typically determine if SpartanNash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SpartanNash's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.