SE‑Cluster

Search

Search markets, companies, evidence, and pages

TickerSFM
SectorGrocery Stores
Mkt cap$7.8B
EV / EBITDA9.6×
PostureHigh Velocity
Composite70/100
LensTarget-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 1575515

Sprouts Farmers Market, Inc.

SFMHIGH VELOCITYFILING INTENSITY

Sprouts Farmers Market, Inc. reads as High Velocity (composite 70/100); pressure / disclosure signals dominate the posture this cycle · primary market Consumer Products.

Lens

Disclosed M&A capital (2023–2025)

$31M

new

vs N/A in 2020–2022

Disclosed transactions

1

new

1/3 active fiscal years in window

Buyer archetype

Selective Buyer

Acquisition use is visible but targeted.

Composite score

70

/100

High Velocity dominates · Filing Intensity

Financial snapshot
Revenue$8.9B
EBITDA$996M
Enterprise value$9.6B
EV / Revenue1.1×
EV / EBITDA9.6×
P/EN/A
Cash$252M
Total debt$125M
as of 2026-05-10
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

8/100

Companies actively deploying disclosed capital into M&A

  • $31M disclosed buyer spend

Buyer Cadence

13/100

Buyer-side companies with recent filing activity

  • Filed within 41d
  • 145 8-Ks

Target Probability

16/100

Issuers showing target-side patterns from filings

  • 3 activism filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

  • 3 activism filings

Pressure Watch

15/100

Issuers facing activism, governance, or control pressure

  • 3 activism filings
  • Latest activism 11y ago; heavily discounted

Distress Watch

14/100

Issuers showing financial-distress filing patterns

  • 3 activism filings

Restatement Risk

0/100

Issuers with accounting-integrity flags from filings

Capital Velocity

Dominant
70/100

Issuers with the highest filing-activity intensity

  • 145 8-Ks
  • 5 form types

Quiet Power

0/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $9.6B
  • 10-Q 41d ago
  • 1 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.

16
17
18
19
20
21
22
23
24
25

Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $31M · Peak count: 1

FYDisclosed buysDisclosed spendAvg ticketAudited tier
20251$31M$31MN/A
2024N/AN/AN/AN/A
2023N/AN/AN/AN/A
2022N/AN/AN/AN/A
2021N/AN/AN/AN/A
2020N/AN/AN/AN/A
§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

NB is our primary supplier of dry grocery and frozen food products, accounting for approximately 24% and 23% of our total purchases in each of fiscal 2015 and 2014, respectively.

10-KFY2015

KeHE is our primary supplier of dry grocery and frozen food products, accounting for approximately 40% and 34% of our total purchases in fiscal 2019 and 2018, respectively.

10-KFY2019

Our current primary contractual relationship with KeHE continues through July 18, 2025 and provides that KeHE will be our primary supplier for all of our stores.

10-KFY2019

Another 4% of our total purchases in each of fiscal 2018 and 2017 were made through our secondary supplier, UNFI.

10-KFY2018

Another 4% of our total purchases in each of fiscal 2015 and 2014 were made through our secondary supplier, UNFI.

10-KFY2015
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Consumer Products

Market spend (2023–2025)
$145.2B
Market spend (2020–2022)
$102.1B
Recent vs prior
+42%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

9.6×EV / EBITDA

SFM trades at a -2.5-turn discount to the Consumer Products peer median of 12.2×.

EV / Revenue
1.1×
Net debt / EBITDA
-0.1×
Peer median EV / EBITDA
12.2×

Trading comparables

FMP market data · 2026-05-10

CompanyEV / EBITDAEV / RevNet debt / EBITDARevenueM&A 2023–2025
15.7×2.3×2.0×$164.7B$24.6B
Sprouts Farmers Market, Inc.SFM
9.6×1.1×-0.1×$8.9B$31M
8.7×1.3×-0.1×$10B$5.5B

Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Consumer Products. Bars scaled to the highest EV/EBITDA in the set.

§ VI·SE-Cluster Issuer Brief

Buyer landscape.

Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.

Likely buyers

No public buyers surface as a strong target-side fit on current signal.

Likely sellers / divestiture partners

No reciprocal divestiture / strategic-alternatives matches identified.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)152026-02-19
  • 10-Q (quarterly)402026-04-29
  • 8-K (event)1452026-04-29
  • Proxy / DEF 14A282026-04-07
  • Activism (13D / DFAN / PREC)32015-04-29

Signals on file

  • elevated

    Activism on file

    2015-04-29

    3 activist filings on file (13D, DFAN14A, PREC14A series).

  • info

    Signal

    Serial acquisition history

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.