Cash flow SpartanNash

Stocks

SPTN

US8472151005

Delayed NYSE Other stock markets 16:00:00 2025-09-19 EDT			5-day change	1st Jan Change
26.90 ^USD	+1.66%		-.--%	-

12-08	SpartanNash Celebrates Expansion of Supermercado Nuestra Familia Banner, Company Footprint with Topeka Grand Opening	CI
11-17	SpartanNash Rolls Out New Line of Fresh & Finest Flavored Butters	CI

0b4a368254832b495311.c7igLKBoUS8UBjgp6ZAwoVa7A-vchaepzdpNwWCRMJ4.I87KeZleC39WRH5-iNtv9DXcYoyfsuvFhqMspFjOY-4n_Jd20QYmGWFZbQ

Published financial data: SPARTANNASH

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	9.35B	8.93B	9.64B	9.73B	9.55B
Total Revenues	9.35B	8.93B	9.64B	9.73B	9.55B
Cost of Goods Sold, Total	7.92B	7.53B	8.15B	8.24B	8.04B
Gross Profit	1.42B	1.4B	1.5B	1.49B	1.51B
Selling General & Admin Expenses, Total	1.3B	1.31B	1.43B	1.36B	1.38B
Other Operating Expenses	-	-21.37M	-	-	-
Other Operating Expenses, Total	1.3B	1.29B	1.43B	1.36B	1.38B
Operating Income	128M	115M	69.69M	125M	131M
Interest Expense, Total	-18.42M	-13.85M	-22.79M	-39.89M	-44.83M
Net Interest Expenses	-18.42M	-13.85M	-22.79M	-39.89M	-44.83M
Other Non Operating Income (Expenses)	691K	788K	1.16M	3.3M	1.89M
EBT, Excl. Unusual Items	110M	102M	48.06M	87.97M	88.24M
Restructuring Charges	-24.4M	-2.89M	-805K	-14.43M	-28.39M
Merger & Related Restructuring Charges	-421K	-708K	-343K	-3.42M	-3.11M
Impairment of Goodwill	-	-	-	-	-45.72M
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	85.36M	98.66M	46.92M	70.12M	11.02M
Income Tax Expense	9.45M	24.91M	12.4M	17.89M	10.73M
Earnings From Continuing Operations	75.91M	73.75M	34.52M	52.24M	299K
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	75.91M	73.75M	34.52M	52.24M	299K
Net Income - (IS)	75.91M	73.75M	34.52M	52.24M	299K
Net Income to Common Incl Extra Items	75.91M	73.75M	34.52M	52.24M	299K
Net Income to Common Excl. Extra Items	75.91M	73.75M	34.52M	52.24M	299K
Per Share Items
Net EPS - Basic	2.12	2.07	0.98	1.53	0.01
Basic EPS - Continuing Operations	2.12	2.07	0.98	1.53	0.01
Basic Weighted Average Shares Outstanding	35.86M	35.64M	35.28M	34.21M	33.79M
Net EPS - Diluted	2.12	2.05	0.95	1.5	0.01
Diluted EPS - Continuing Operations	2.12	2.05	0.95	1.5	0.01
Diluted Weighted Average Shares Outstanding	35.86M	35.94M	36.31M	34.9M	34.2M
Normalized Basic EPS	1.92	1.79	0.85	1.61	1.63
Normalized Diluted EPS	1.92	1.78	0.83	1.58	1.61
Dividend Per Share	0.77	0.8	0.84	0.86	0.87
Payout Ratio	45.46	38.41	86.07	56.78	10K
Supplemental Items
EBITDA	218M	208M	164M	223M	235M
EBITA	134M	121M	74.69M	129M	136M
EBIT	128M	115M	69.69M	125M	131M
EBITDAR	279M	271M	226M	284M	297M
Effective Tax Rate - (Ratio)	11.07	25.24	26.42	25.51	97.29
Current Domestic Taxes	6.99M	7.3M	10.98M	9.66M	5.76M
Total Current Taxes	6.99M	7.3M	10.98M	9.66M	5.76M
Deferred Domestic Taxes	2.46M	17.6M	1.42M	8.23M	4.97M
Total Deferred Taxes	2.46M	17.6M	1.42M	8.23M	4.97M
Normalized Net Income	68.86M	63.91M	30.04M	54.98M	55.15M
Interest on Long-Term Debt	18.42M	13.85M	22.79M	4.45M	5.42M
Non-Cash Pension Expense	-1.19M	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	36.6M	37.7M	37.6M	33.7M	31.7M
Selling and Marketing Expenses	36.6M	37.7M	37.6M	33.7M	31.7M
Net Rental Expense, Total	60.99M	62.68M	61.78M	60.68M	62.46M
Imputed Operating Lease Interest Expense	9.93M	9.07M	14.94M	23.39M	22.67M
Imputed Operating Lease Depreciation	51.06M	53.61M	46.85M	37.29M	39.79M
Stock-Based Comp., SG&A Exp. (Total)	6.3M	6.87M	8.31M	12.27M	10.66M
Stock-Based Comp., Other (Total)	-	2.06M	2.44M	1.83M	868K
Total Stock-Based Compensation	6.3M	8.93M	10.75M	14.1M	11.52M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	19.9M	10.67M	29.09M	17.96M	21.57M
Trading Asset Securities, Total	-	-	-	1.72M	808K
Total Cash And Short Term Investments	19.9M	10.67M	29.09M	19.68M	22.38M
Accounts Receivable, Total	334M	326M	371M	377M	387M
Other Receivables	23.96M	36.09M	32.94M	44.65M	62.07M
Total Receivables	358M	362M	404M	422M	449M
Inventory	542M	522M	571M	575M	546M
Prepaid Expenses	69.54M	62.52M	62.24M	60.72M	74.23M
Other Current Assets, Total	25.95M	-	-	-	-
Total Current Assets	1.01B	957M	1.07B	1.08B	1.09B
Gross Property Plant And Equipment	1.6B	1.67B	1.74B	1.84B	2.12B
Accumulated Depreciation	-738M	-810M	-872M	-948M	-1.02B
Net Property Plant And Equipment	866M	860M	867M	891M	1.11B
Goodwill	181M	181M	182M	182M	181M
Other Intangibles, Total	116M	111M	106M	102M	118M
Other Long-Term Assets, Total	99.24M	97.2M	84.38M	103M	104M
Total Assets	2.28B	2.21B	2.31B	2.36B	2.6B
Liabilities
Accounts Payable, Total	465M	447M	487M	473M	485M
Accrued Expenses, Total	174M	154M	166M	136M	148M
Current Portion of Long-Term Debt	1.1M	975K	998K	1.07M	697K
Current Portion of Leases	49.82M	53.2M	51.24M	49.72M	61.7M
Total Current Liabilities	690M	656M	705M	660M	695M
Long-Term Debt	442M	362M	445M	524M	627M
Long-Term Leases	318M	304M	291M	293M	419M
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non Current	45.73M	63.69M	66.29M	73.9M	91.01M
Other Non Current Liabilities	46.89M	38.29M	33.38M	26.89M	26.54M
Total Liabilities	1.54B	1.42B	1.54B	1.58B	1.86B
Common Stock, Total	492M	494M	468M	460M	455M
Retained Earnings	246M	291M	295M	317M	287M
Comprehensive Income and Other	-2.28M	-1.46M	2.98M	796K	1.34M
Total Common Equity	735M	783M	766M	778M	743M
Total Equity	735M	783M	766M	778M	743M
Total Liabilities And Equity	2.28B	2.21B	2.31B	2.36B	2.6B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	36.14M	35.92M	35.06M	34.62M	33.76M
ECS Total Common Shares Outstanding	35.85M	35.95M	35.08M	34.61M	33.75M
Book Value / Share	20.5	21.78	21.84	22.48	22.03
Tangible Book Value	438M	491M	478M	494M	445M
Tangible Book Value Per Share	12.21	13.66	13.61	14.29	13.17
Total Debt	811M	720M	788M	867M	1.11B
Net Debt	791M	710M	759M	848M	1.09B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-2.69M	-	-	-	-
Debt Equivalent Oper. Leases	488M	501M	494M	485M	500M
Account Code - Inventory Valuation	4	4	4	4	4
LIFO Reserve, Total	-63.1M	-81.8M	-139M	-	-
Land - (BS)	82.73M	83.74M	84.7M	83.88M	85.42M
Buildings, Total	529M	539M	590M	619M	714M
Machinery, Total	669M	715M	773M	800M	921M
Full Time Employees	10.8K	10.1K	10.5K	10K	11K
Part Time Employees	7.2K	6.4K	7K	7K	8K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Assets on Operating Lease - Gross	35M	49.58M	33.78M	34.37M	33.03M
Assets on Operating Lease - Accumulated Depreciation	-11.19M	-15.94M	-11.47M	-12.37M	-12.82M
Accumulated Allowance for Doubtful Accounts (Supple)	6.23M	4.41M	6.1M	4.61M	2.92M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	75.91M	73.75M	34.52M	52.24M	299K
Depreciation & Amortization - CF	84.18M	87.51M	89.18M	93.74M	98.71M
Amortization of Goodwill and Intangible Assets - (CF)	5.7M	5.2M	5M	4.9M	4.7M
Depreciation & Amortization, Total	89.88M	92.71M	94.18M	98.64M	103M
(Gain) Loss From Sale Of Asset	3.33M	-106K	1.07M	259K	-284K
Asset Writedown & Restructuring Costs	22.42M	2.97M	553K	9.09M	71.75M
Stock-Based Compensation (CF)	6.3M	6.87M	8.35M	12.27M	10.66M
Tax Benefit from Stock Options	-	-	-	-	-
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	8.82M	36.23M	57.35M	21.92M	8.81M
Change In Accounts Receivable	-12.94M	-4M	-38.17M	-17.23M	-25.62M
Change In Inventories	-7.03M	320K	-92.35M	-21.92M	59.84M
Change In Accounts Payable	65.2M	-18.29M	28.07M	-17.48M	4.97M
Change In Income Taxes	-	17.48M	4.66M	-424K	-7.43M
Change in Other Net Operating Assets	54.82M	-46.78M	12.11M	-48.03M	-20.53M
Cash from Operations	307M	161M	110M	89.33M	206M
Capital Expenditure	-67.3M	-79.43M	-97.28M	-120M	-132M
Sale of Property, Plant, and Equipment	9.2M	29.38M	36.82M	4.33M	7.92M
Cash Acquisitions	-	-	-41.43M	-780K	-118M
Net (Increase) Decrease in Loans Originated / Sold - Investing	892K	2.14M	1.36M	548K	-3.26M
Other Investing Activities, Total	-16K	-63K	-422K	-288K	-1.35M
Cash from Investing	-57.22M	-47.98M	-101M	-117M	-247M
Long-Term Debt Issued, Total	1.38B	1.37B	1.47B	1.36B	1.39B
Total Debt Issued	1.38B	1.37B	1.47B	1.36B	1.39B
Long-Term Debt Repaid, Total	-1.59B	-1.46B	-1.39B	-1.29B	-1.29B
Total Debt Repaid	-1.59B	-1.46B	-1.39B	-1.29B	-1.29B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-10M	-5.32M	-32.49M	-18.53M	-15M
Common Dividends Paid	-34.51M	-28.33M	-29.71M	-29.66M	-29.91M
Common & Preferred Stock Dividends Paid	-34.51M	-28.33M	-29.71M	-29.66M	-29.91M
Other Financing Activities, Total	-2.09M	-2.51M	-8.17M	-5.2M	-4.59M
Cash from Financing	-254M	-122M	9.02M	16.07M	44.75M
Net Change in Cash	-4.27M	-9.24M	18.42M	-11.12M	3.61M
Supplemental Items
Cash Interest Paid	18.45M	12.24M	18.43M	37.94M	43.28M
Cash Income Tax Paid (Refund)	18.72M	-10.11M	6.51M	11.17M	13.37M
Levered Free Cash Flow	197M	96.97M	-2.77M	-18.78M	48.62M
Unlevered Free Cash Flow	209M	106M	11.48M	6.15M	76.64M
Change In Net Working Capital	-99.96M	-11.34M	39.73M	64.1M	-12.11M
Net Debt Issued / Repaid	-207M	-86.25M	79.39M	69.46M	94.25M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.51	3.21	1.93	3.34	3.31
Return on Total Capital	4.95	4.73	2.85	4.87	4.69
Return On Equity %	10.67	9.72	4.46	6.77	0.04
Return on Common Equity	10.67	9.72	4.46	6.77	0.04
Margin Analysis
Gross Profit Margin %	15.24	15.72	15.53	15.27	15.84
SG&A Margin	13.87	14.67	14.81	13.99	14.46
EBITDA Margin %	2.33	2.33	1.7	2.29	2.46
EBITA Margin %	1.43	1.35	0.77	1.33	1.42
EBIT Margin %	1.37	1.29	0.72	1.28	1.37
Income From Continuing Operations Margin %	0.81	0.83	0.36	0.54	0
Net Income Margin %	0.81	0.83	0.36	0.54	0
Net Avail. For Common Margin %	0.81	0.83	0.36	0.54	0
Normalized Net Income Margin	0.74	0.72	0.31	0.57	0.58
Levered Free Cash Flow Margin	2.11	1.09	-0.03	-0.19	0.51
Unlevered Free Cash Flow Margin	2.23	1.18	0.12	0.06	0.8
Asset Turnover
Asset Turnover	4.11	3.98	4.27	4.17	3.85
Fixed Assets Turnover	10.68	10.35	11.16	11.07	9.56
Receivables Turnover (Average Receivables)	28.54	27.1	27.68	26	25
Inventory Turnover (Average Inventory)	14.69	14.15	14.9	14.38	14.33
Short Term Liquidity
Current Ratio	1.47	1.46	1.51	1.63	1.57
Quick Ratio	0.55	0.57	0.61	0.67	0.68
Operating Cash Flow to Current Liabilities	0.44	0.25	0.16	0.14	0.3
Days Sales Outstanding (Average Receivables)	13	13.43	13.15	14	14.56
Days Outstanding Inventory (Average Inventory)	25.26	25.73	24.43	25.31	25.4
Average Days Payable Outstanding	20.36	22.11	20.76	21.2	21.78
Cash Conversion Cycle (Average Days)	17.9	17.05	16.82	18.11	18.18
Long Term Solvency
Total Debt/Equity	110.34	92	102.88	111.48	149.08
Total Debt / Total Capital	52.46	47.92	50.71	52.71	59.85
LT Debt/Equity	103.42	85.08	96.06	104.95	140.69
Long-Term Debt / Total Capital	49.17	44.31	47.35	49.63	56.48
Total Liabilities / Total Assets	67.72	64.52	66.79	66.96	71.43
EBIT / Interest Expense	6.94	8.33	3.06	3.12	2.93
EBITDA / Interest Expense	15.14	19.54	9.9	7.12	6.63
(EBITDA - Capex) / Interest Expense	11.48	13.81	5.63	4.1	3.67
Total Debt / EBITDA	2.91	2.66	3.49	3.06	3.73
Net Debt / EBITDA	2.84	2.62	3.36	2.99	3.66
Total Debt / (EBITDA - Capex)	3.84	3.77	6.14	5.3	6.73
Net Debt / (EBITDA - Capex)	3.74	3.71	5.91	5.18	6.6
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	9.52	-4.47	7.97	0.89	-1.85
Gross Profit, 1 Yr. Growth %	14.56	-1.48	6.67	-0.8	1.81
EBITDA, 1 Yr. Growth %	55.53	-4.48	-21.41	34.67	7.63
EBITA, 1 Yr. Growth %	132.66	-9.8	-38.27	69.11	9.39
EBIT, 1 Yr. Growth %	147.76	-9.85	-39.81	74.08	9.94
Earnings From Cont. Operations, 1 Yr. Growth %	1.18K	-2.85	-53.2	51.33	-99.43
Net Income, 1 Yr. Growth %	1.22K	-2.85	-53.2	51.33	-99.43
Normalized Net Income, 1 Yr. Growth %	499.11	-7.2	-53	76.21	6.66
Diluted EPS Before Extra, 1 Yr. Growth %	1.22K	-3.16	-53.66	57.89	-99.41
Accounts Receivable, 1 Yr. Growth %	3.74	-2.4	13.97	1.65	2.55
Inventory, 1 Yr. Growth %	0.85	-3.59	9.33	0.73	-5.03
Net Property, Plant and Equip., 1 Yr. Growth %	-2.1	-0.67	0.8	2.76	24.23
Total Assets, 1 Yr. Growth %	0.08	-3.1	4.52	2.12	10.47
Tangible Book Value, 1 Yr. Growth %	16.43	12.1	-2.71	3.54	-10.08
Common Equity, 1 Yr. Growth %	6.91	6.51	-2.15	1.58	-4.46
Cash From Operations, 1 Yr. Growth %	70.42	-47.46	-31.53	-19.05	130.48
Capital Expenditures, 1 Yr. Growth %	-10.05	18.02	22.48	23.69	10.03
Levered Free Cash Flow, 1 Yr. Growth %	97.8	-52.42	-102.85	1.07K	-320.44
Unlevered Free Cash Flow, 1 Yr. Growth %	72.09	-50.95	-89.17	-51.34	2.57K
Dividend Per Share, 1 Yr. Growth %	1.32	3.9	5	2.38	1.16
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7.67	2.29	1.56	4.37	-0.49
Gross Profit, 2 Yr. CAGR %	13.28	6.24	2.51	2.87	0.5
EBITDA, 2 Yr. CAGR %	5.49	21.89	-13.12	3.46	19.65
EBITA, 2 Yr. CAGR %	6.12	44.87	-25.04	3.44	34.88
EBIT, 2 Yr. CAGR %	6.47	49.45	-25.99	3.71	37.2
Earnings From Cont. Operations, 2 Yr. CAGR %	49.89	253.05	-32.57	-15.84	-90.69
Net Income, 2 Yr. CAGR %	50.37	258.39	-32.57	-15.84	-90.69
Normalized Net Income, 2 Yr. CAGR %	15.09	135.79	-33.95	-7.25	35.5
Diluted EPS Before Extra, 2 Yr. CAGR %	50.2	257.95	-33.01	-14.46	-90.35
Accounts Receivable, 2 Yr. CAGR %	3.12	0.62	5.47	7.63	2.1
Inventory, 2 Yr. CAGR %	-1.09	-1.4	2.67	4.94	-2.19
Net Property, Plant and Equip., 2 Yr. CAGR %	22.31	-1.39	0.06	1.78	12.99
Total Assets, 2 Yr. CAGR %	7.47	-1.52	0.64	3.32	6.22
Tangible Book Value, 2 Yr. CAGR %	3.55	14.25	4.43	0.37	-3.51
Common Equity, 2 Yr. CAGR %	1.33	6.71	2.09	-0.3	-1.48
Cash From Operations, 2 Yr. CAGR %	33.78	-5.37	-40.02	-25.55	36.59
Capital Expenditures, 2 Yr. CAGR %	-2.98	3.04	20.23	23.08	16.66
Levered Free Cash Flow, 2 Yr. CAGR %	99.86	-1.4	-88.33	-56.06	319.03
Unlevered Free Cash Flow, 2 Yr. CAGR %	74.66	-6.69	-76.89	-75.91	158.42
Dividend Per Share, 2 Yr. CAGR %	3.41	2.6	4.45	3.68	1.77
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	5.49	3.46	4.15	1.34	2.26
Gross Profit, 3 Yr. CAGR %	7.57	8.13	6.38	1.4	2.52
EBITDA, 3 Yr. CAGR %	0.49	2.06	5.38	0.93	4.01
EBITA, 3 Yr. CAGR %	-0.53	0.52	9.16	-0.88	3.94
EBIT, 3 Yr. CAGR %	-0.6	0.73	10.52	-0.7	4.25
Earnings From Cont. Operations, 3 Yr. CAGR %	13	29.71	80.02	-11.72	-84.05
Net Income, 3 Yr. CAGR %	12.83	30	81.83	-11.72	-84.05
Normalized Net Income, 3 Yr. CAGR %	1.51	7.12	37.74	-7.23	-4.79
Diluted EPS Before Extra, 3 Yr. CAGR %	14.51	29.76	81.08	-10.85	-83.72
Accounts Receivable, 3 Yr. CAGR %	2.16	1.24	4.89	4.18	5.91
Inventory, 3 Yr. CAGR %	-3.19	-1.93	2.06	2.02	1.51
Net Property, Plant and Equip., 3 Yr. CAGR %	13.01	14.11	-0.66	0.95	8.77
Total Assets, 3 Yr. CAGR %	3.47	3.82	0.45	1.13	5.65
Tangible Book Value, 3 Yr. CAGR %	2.31	6.33	8.29	4.14	-3.24
Common Equity, 3 Yr. CAGR %	0.6	3.02	3.67	1.92	-1.71
Cash From Operations, 3 Yr. CAGR %	79.87	-2.03	-15.05	-33.72	8.51
Capital Expenditures, 3 Yr. CAGR %	-1.73	3.57	9.15	21.37	18.57
Levered Free Cash Flow, 3 Yr. CAGR %	79.7	25.22	-69.72	-54.8	-20.64
Unlevered Free Cash Flow, 3 Yr. CAGR %	125.71	15.56	-54.44	-69.41	-10.23
Dividend Per Share, 3 Yr. CAGR %	5.27	3.57	3.39	3.75	2.84
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	4.09	3.39	3.9	3.82	2.27
Gross Profit, 5 Yr. CAGR %	5.02	4.78	5.52	5.99	3.99
EBITDA, 5 Yr. CAGR %	-0.65	-1.74	-5.25	2.67	10.87
EBITA, 5 Yr. CAGR %	-1.41	-4.4	-11.26	1.76	18.8
EBIT, 5 Yr. CAGR %	-1.81	-4.86	-11.76	2	20.5
Earnings From Cont. Operations, 5 Yr. CAGR %	3.75	5.27	-8.09	9.1	-44.96
Net Income, 5 Yr. CAGR %	3.9	5.35	-8.16	9.24	-44.62
Normalized Net Income, 5 Yr. CAGR %	-1.47	-4.58	-14.52	1.13	36.84
Diluted EPS Before Extra, 5 Yr. CAGR %	4.86	6.17	-7.59	9.84	-43.96
Accounts Receivable, 5 Yr. CAGR %	3.61	5.47	3.47	3.75	3.76
Inventory, 5 Yr. CAGR %	0.78	-0.66	-0.89	0.76	0.34
Net Property, Plant and Equip., 5 Yr. CAGR %	8.22	8.98	7.64	9.01	4.59
Total Assets, 5 Yr. CAGR %	3.5	2.71	2.33	3.62	2.72
Tangible Book Value, 5 Yr. CAGR %	-0.09	2.1	3.15	3.9	3.41
Common Equity, 5 Yr. CAGR %	-1.45	-1.05	1.19	1.68	1.58
Cash From Operations, 5 Yr. CAGR %	6.6	0.59	15.93	-12.22	2.73
Capital Expenditures, 5 Yr. CAGR %	-3.25	1.58	6.53	10.97	12.09
Levered Free Cash Flow, 5 Yr. CAGR %	3.87	-1.8	-39.44	-17.58	-13.38
Unlevered Free Cash Flow, 5 Yr. CAGR %	3.38	-2.21	-8.77	-38.24	-8.78
Dividend Per Share, 5 Yr. CAGR %	7.35	5.92	4.94	3.62	2.74