FirmAtlas
Company handbook · KR · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
KR · CIK 56873 · LATEST FILING: 10-Q AUG '26 · FILED SEP 18, 2026
KROGER CO
$63.63
+0.92 (+1.47%)
Close, Oct 16, 2026 · 52-week $54–77
Last fiscal year
KROGER CO reported revenue of $147.6B for the year ended Jan 31, 2026 (FY25), up 0.4% from FY24. Net income was $1.0B, operating cash flow $7.3B and free cash flow $3.5B. Source: 10-K filed Mar 31, 2026.
Market cap
$41.7B
P/E
41.0
EV/EBITDA
10.6x
P/B
7.0
Div yield
2.26%
ROIC
8.0%
Revenue 1Y
0.4%/yr
EPS 1Y
−58.0%/yr
Shares 1Y
−9%
Loading chart…
Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOGregory S. Foran
HQCincinnati, OH
AuditorPricewaterhouseCoopers LLP
Year endsJanuary
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
7.4%
10.5%
12.8%
−7.6%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$16.5B deployed
Capex
$7.9B
47.7%
Dividends
$1.8B
10.7%
Buybacks
$6.9B
41.6%
Operating cash flow over the period: $13.1B. Total debt changed by +$1.2B.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · FY25 = year ended Jan 31, 2026 · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · the latest quarter ends Nov '23, before the last annual report · change vs same quarter a year earlier
Income
Revenue
147,123
147,642+0.4%
YoY
+0.4%
Operating income
3,849
1,890−50.9%
Operating margin
2.6%
1.3%−1.3 pp
EBITDA
7,095
5,222−26.4%
EBITDA margin
4.8%
3.5%−1.3 pp
Interest expense
252
633+151.2%
Interest coverage
28.15x
8.25x−19.91x
Net income
2,665
1,016−61.9%
YoY
−61.9%
Net margin
1.8%
0.7%−1.1 pp
EPS (diluted, $)
3.67
1.54−58.0%
YoY
−58.0%
Balance sheet
Total assets
52,616
49,953−5.1%
Cash & short-term investments
3,959
3,334−15.8%
Accounts receivable
2,195
2,192−0.1%
Net PP&E
25,703
24,260−5.6%
Other assets
20,759
20,167−2.9%
Total liabilities
44,331
44,026−0.7%
Accounts payable
10,124
10,488+3.6%
Total debt
16,013
17,241+7.7%
Other liabilities
18,194
16,297−10.4%
Shareholders’ equity
8,285
5,927−28.5%
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
5,794
7,311+26.2%
Net income
2,672
1,024−61.7%
Depreciation & amortization
3,246
3,332+2.6%
Stock-based compensation
175
157−10.3%
Working capital & other
(299)
2,798n/m
Cash from investing
(3,228)
(3,914)n/m
Capex
(4,017)
(3,855)n/m
PP&E sold
377
76−79.8%
Other investing
412
(135)−132.8%
Cash from financing
(490)
(4,022)n/m
Debt raised
10,502
43−99.6%
Debt repaid
(4,883)
(540)n/m
Dividends
(883)
(885)n/m
Buybacks
(4,156)
(2,699)n/m
Shares issued
127
182+43.3%
Other financing
(1,197)
(123)n/m
Net change in cash
2,076
(625)−130.1%
Free cash flow (OCF − capex)
1,777
3,456+94.5%
Where the cash went
Operating cash flow
5,794
7,311+26.2%
Reinvested in the business
4,017
3,855−4.0%
% of operating cash flow
69.3%
52.7%
Capex
4,017
3,855−4.0%
Free cash flow
1,777
3,456+94.5%
YoY
+94.5%
Returned to shareholders
5,039
3,584−28.9%
% of free cash flow
283.6%
103.7%
Dividends
883
885+0.2%
Buybacks
4,156
2,699−35.1%
Change in total debt
—
1,228
Cash left over
—
1,100
FCF conversion (FCF ÷ net income)
66.7%
340.2%+273.5 pp
Owner earnings
—
860
Owner earnings margin
—
0.6%
Buyback yield
9.4%
6.6%−2.8 pp
Returns & ratios
ROIC (all capital)
15.1%
8.0%−7.1 pp
ROIC (operating)
17.3%
9.6%−7.8 pp
Net debt / EBITDA
1.70x
2.66x+0.96x
Debt / equity
1.93x
2.91x+0.98x
Cash conversion cycle (days)
−20
−21−1 d
ROE
32.2%
17.1%−15.0 pp
ROA
5.1%
2.0%−3.0 pp
ROCE
10.5%
5.9%−4.6 pp
NOPAT
3,077
1,613−47.6%
Invested capital (operating)
17,774
15,964−10.2%
Invested capital (all)
20,339
19,834−2.5%
Reinvestment rate
—
−112.2%
Debtor days
5
5−0 d
Days payable
25
26+1 d
Income
Nov '20
Nov '21
Nov '22
Nov '23
Revenue
29,723
31,860+7.2%
34,198+7.3%
33,957−0.7%
vs year-ago quarter
+7.2%
+7.3%
−0.7%
Operating income
792
868+9.6%
841−3.1%
912+8.4%
Net income
631
483−23.5%
398−17.6%
646+62.3%
vs year-ago quarter
−23.5%
−17.6%
+62.3%
Net margin
2.1%
1.5%−0.6 pp
1.2%−0.4 pp
1.9%+0.7 pp
EPS (diluted, $)
0.80
0.64−20.0%
0.55−14.1%
0.88+60.0%
vs year-ago quarter
−20.0%
−14.1%
+60.0%
Balance sheet
Nov '20
Nov '21
Nov '22
Nov '23
Total assets
48,465
49,829+2.8%
49,987+0.3%
51,021+2.1%
Cash & equivalents
2,180
2,288+5.0%
916−60.0%
1,725+88.3%
Total debt
14,174
13,184−7.0%
11,964−9.3%
11,247−6.0%
Shareholders’ equity
10,070
9,519−5.5%
9,955+4.6%
11,209+12.6%