— Know what they know.
/
Not Investment Advice

KR

NYSE · USD
The Kroger Co.
Consumer Defensive · Grocery Stores
CEO Gregory S. Foran Employees 403,000 R&D / revenue 0.0%
Last price
$63.63+1.47%last session
Market cap
$37.6B
P/E (TTM)
34.4x
From 52w high
−16.9%
From 52w low
+17.5%
1-year return
−7.1%
RSI 14 · vs SMA200
63.0 · +0.4%
IS score
39.1/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

KR   SPY   XLP (sector ETF) · weekly closes
8090100110120Jan 26Apr 26Jul 26Oct 26SPY 116XLP 111KR 93

Score DNA

Each bar is a 0-100 score within the scored universe
24
Profitability
23
Growth
43
Value
56
Momentum
100
Risk (safety)
43
Quality
24
Balance sheet
77
Earnings quality

Flags

Strengths
✓ FCF yield 5%+✓ Congress buying
Warnings
None of the computed warning flags fires for KR (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: None, Efficient ScalePiotroski 5 / 9Altman Z 4.3Beta 0.413 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
4 open-market sales, $6.2M
No Form 144 notices in 12 months
CONGSTOCK Act · 180 days
Congressional purchases
9
Last disclosed purchase 2026-09-11
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
−66
132 new holders, 180 closed
1,322 filers hold 87.3% · 538 added, 481 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+265
1,105 funds adding shares
840 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
55.3%
20-day avg 46.0%, 50-day avg 49.9%
Latest 9.3 pp over its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$147.6B
Revenue growth YoY+0.4%
Gross margin21.0%
Operating income$1.9B
Operating margin1.3%
Net income$1.0B
Net margin0.7%
EPS (diluted)$1.54
Cash flow
Operating cash flow$7.2B
Capital expenditure$3.9B
Free cash flow$3.4B
FCF conversion (FCF / OCF)46.5%
Stock-based compensation$0
FCF less SBC$3.4B
Buybacks$2.7B
Dividends$885.0M
Balance sheet & returns
Cash & short-term investments$4.6B
Total debt$18.2B
Net debt$13.6B
Shareholders' equity$5.9B
Goodwill & intangibles$3.4B
Debt / equity4.14
ROE (TTM)17.2%
ROIC (TTM)5.0%
Operating margin by fiscal year
2.0%FY20212.8%FY20222.1%FY20232.6%FY20241.3%FY2025
Revenue $137.9B (FY2021) to $147.6B (FY2025), a 1.7% CAGR.

Valuation

P/E (TTM)34.4x
EV / EBITDA11.1x
Price / sales0.25x
Price / FCF16.5x
FCF yield6.05%
Buyback yield7.18%
SBC / revenue0.0%
Price / book6.60x
Forward P/E FY202712.3x
Forward multiples divide today's price by Street EPS estimates. Street mean target $72.00 across 7 analysts last quarter is theirs, not ours.

KR vs industry median

56 companies in Grocery Stores
Gross margin 23.1% 23.6% Operating margin 1.4% 3.8% Net margin 0.7% 2.3% ROIC 5.0% 8.0%
KR (TTM)Industry median Asset turnover 3.02 vs industry 1.77 · financial leverage 8.47

Earnings delivery

Next report 2026-12-03 · consensus EPS $1.16
92%
beat rate, 11 of 12 quarters
+3.6%
median EPS surprise
6
longest beat streak
+4+4+19+6+2+0+3+3+5+2+7+3
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-09-08 to 2026-09-11. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
KR The Kroger Co. $37.6B34.4x17.2%0.7%+0.4% −7.1%
ACI Albertsons Companies, Inc. $6.4Bn/m-2.3%0.3%+2.6% −31.3%
SFM Sprouts Farmers Market, Inc. $6.1B12.4x35.2%5.6%+7.2% −49.4%
EL The Estée Lauder Companies $37.9B205.0x4.7%-3.2%+5.1% +8.4%
KVUE Kenvue Inc. $36.3B21.7x15.6%11.5%+1.8% +35.7%
ADM Archer-Daniels-Midland Compa $39.8B22.6x7.7%4.0%−0.8% —
KMB Kimberly-Clark Corporation $35.1B18.0x129.4%8.2%−12.3% —
SYY Sysco Corporation $40.4B22.4x78.2%2.5%+3.9% —
12-month window: SPY +15.9%, sector ETF XLP +11.4%. Past returns describe history only.

Recent 8-K filings

2026-10-05Other Events; Exhibits
2026-09-11Earnings Release; Exhibits
2026-09-11Earnings Release; Exhibits
2026-09-02Officer/Director Change; Regulation FD; Exhibits
2026-07-01Other Events
2026-06-26Officer/Director Change; Shareholder Vote; Exhibits

Context

Shares outstanding590,589,000
Free float99.7%
Institutional ownership87.3%
Beta0.41
Dividend yield2.26%
Last dividend$0.39 on 2026-11-16
50 / 200-day average$58.70 / $63.43
Large-cap Consumer Defensive median P/E23.3x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (None).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where KR sits among 9 scored companies in Grocery Stores (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureKRIndustry medianIndustry percentileSector median
P/E (TTM) 34.6x 15.3x
100th		 20.0x
PEG (P/E ÷ 3-yr EPS CAGR) —
Price / sales 0.3x 0.3x
12th		 1.1x
Price / book 6.4x 1.6x
100th		 2.5x
Price / tangible book 14.6x 3.2x
100th		 4.0x
Price / free cash flow 16.5x 13.2x
71st		 14.7x
Price / operating cash flow 5.7x 5.9x
25th		 9.4x
Enterprise value $60.1B $1.8B
100th		 $5.1B
EV / sales 0.4x 0.4x
50th		 1.3x
EV / EBITDA 11.2x 7.9x
100th		 12.3x
EV / EBIT 30.0x 15.5x
83rd		 16.5x
EV / free cash flow 26.4x 20.0x
86th		 18.2x
Earnings yield 2.9% 5.2%
38th		 3.9%
FCF yield 6.0% 7.1%
38th		 6.5%
Operating cash flow yield 17.6% 16.8%
75th		 10.4%
Graham number (per share) $19.64 $49.20
0th		 $35.68

Profitability (TTM)

MeasureKRIndustry medianIndustry percentileSector median
Gross margin 23.1% 27.1%
0th		 34.4%
EBITDA margin 3.6% 4.8%
25th		 10.7%
Operating margin 1.4% 2.6%
25th		 7.6%
EBIT margin 1.3% 2.3%
38th		 6.9%
Net margin 0.7% 1.9%
38th		 3.3%
NOPAT margin 1.1% 1.9%
25th		 4.8%
FCF margin 1.5% 2.5%
25th		 7.6%
Operating cash flow margin 4.4% 4.6%
0th		 11.1%
R&D / revenue 0.0% 0.0%
0th		 0.0%
SG&A / revenue 15.1% 17.9%
25th		 21.1%
Stock comp / revenue 0.0% 0.1%
25th		 0.5%
Effective tax rate 18.7% 21.3%
0th		 23.2%

Returns on capital

MeasureKRIndustry medianIndustry percentileSector median
ROE (on average equity) 14.3% 7.2%
75th		 10.4%
ROA 2.1% 4.0%
38th		 4.9%
ROIC 6.0% 6.2%
38th		 8.2%
ROCE 6.4% 6.7%
38th		 9.1%
Return on tangible assets 3.9% 5.8%
38th		 7.2%
Cash ROIC (OCF / invested capital) 23.3% 17.3%
88th		 15.0%
Gross profitability (GP / assets) 68.2% 57.6%
75th		 32.4%
ROIC, 3-yr average 6.6% 5.7%
75th		 6.4%
ROIC, 5-yr average 7.4% 6.6%
62nd		 7.8%
ROE, 5-yr average 22.2% 11.9%
75th		 11.4%
Incremental ROIC 11.7% 28.3%
25th		 12.8%

Growth

MeasureKRIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 1.6% 2.6%
25th		 3.8%
Revenue growth (QoQ) -24.9% -0.1%
0th		 4.3%
Revenue CAGR, 3 yr 0.3% 3.6%
25th		 3.8%
Revenue CAGR, 5 yr 4.0% 4.8%
29th		 5.1%
Gross profit CAGR, 3 yr 1.4% 1.5%
38th		 4.0%
Operating income CAGR, 3 yr -7.8% -4.2%
43rd		 4.3%
Net income growth (TTM YoY) -60.2% -1.6%
0th		 5.6%
Net income CAGR, 3 yr -12.7% -2.1%
20th		 5.4%
EPS growth (TTM YoY) -56.5% 2.3%
0th		 4.7%
EPS CAGR, 3 yr -7.7% -2.1%
20th		 6.8%
EPS CAGR, 5 yr -6.0% 8.8%
20th		 4.1%
FCF growth (TTM YoY) 2.7% 36.8%
20th		 23.4%
FCF CAGR, 3 yr -7.1% 9.4%
14th		 14.6%
Operating cash flow CAGR, 3 yr 0.8% 1.3%
38th		 6.4%
Book value CAGR, 3 yr -13.4% 3.7%
25th		 5.3%
Dividend CAGR, 3 yr 6.1% 3.0%
60th		 1.7%
Sustainable growth rate 2.5% 6.6%
0th		 8.3%

Margin history & stability

MeasureKRIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 22.7% 28.1%
0th		 34.7%
Operating margin, 3-yr average 2.3% 2.4%
25th		 6.7%
Net margin, 3-yr average 1.5% 1.9%
38th		 4.2%
FCF margin, 3-yr average 1.4% 1.4%
50th		 6.5%
Revenue stability (0-1) 0.66 0.88
25th		 0.81
Earnings stability (0-1) 0.02 0.57
0th		 0.34
Margin stability (0-1) 0.98 0.97
88th		 0.95

Liquidity (latest quarter)

MeasureKRIndustry medianIndustry percentileSector median
Cash & short-term investments $1.7B $208.1M
100th		 $279.3M
Net cash (− = net debt) −$22.5B −$447.2M
0th		 −$1.0B
Working capital −$5.5B $15.9M
0th		 $285.9M
Current ratio 0.70 1.10
12th		 1.43
Quick ratio 0.31 0.31
50th		 0.86
Cash ratio (cash + ST investments / current liabilities) 0.09 0.19
25th		 0.28
Defensive interval (days) 45 days 45 days
50th		 251 days

Leverage & solvency (latest quarter)

MeasureKRIndustry medianIndustry percentileSector median
Total debt $24.2B $526.6M
100th		 $1.8B
Debt / equity 4.14 1.34
88th		 0.75
Net debt / equity 3.85 1.25
88th		 0.55
Debt / assets 48.8% 46.7%
75th		 31.6%
Debt / capital 80.5% 57.3%
88th		 43.0%
Debt / EBITDA 4.50 3.10
71st		 2.69
Net debt / EBITDA 4.19 2.56
71st		 2.14
Interest coverage (EBIT / interest) 3.0x 5.7x
43rd		 4.7x
Cash interest coverage 10.0x 11.7x
43rd		 8.2x
Debt payback (years of OCF) 3.7 yrs 3.1 yrs
62nd		 2.8 yrs
Liabilities / assets 88.2% 65.4%
88th		 56.2%
IS credit model rating BBB- — —
Implied credit spread (bps) 350 175
62nd		 225

Efficiency

MeasureKRIndustry medianIndustry percentileSector median
Asset turnover 2.90 2.22
88th		 0.94
Fixed asset turnover 4.66 3.56
88th		 4.44
Inventory turnover 13.9 12.7
62nd		 6.0
Receivables turnover 67.9 81.6
38th		 12.1
Days sales outstanding 5 days 4 days
62nd		 30 days
Days inventory outstanding 26 days 29 days
38th		 61 days
Days payables outstanding 33 days 24 days
88th		 38 days
Cash conversion cycle (days) −1 days 11 days
25th		 37 days
Capex / revenue 2.9% 3.5%
38th		 3.1%
Capex / depreciation 1.28 1.28
50th		 0.92
Operating expense ratio 19.9% 25.4%
0th		 24.8%

Cash flow & earnings quality

MeasureKRIndustry medianIndustry percentileSector median
Operating cash flow / net income 6.08 2.26
100th		 1.87
FCF / net income 2.09 1.12
100th		 1.28
FCF / operating cash flow 34.4% 50.6%
25th		 71.9%
Capex / operating cash flow 65.6% 49.4%
75th		 29.5%
Accruals ratio -10.7% -7.7%
25th		 -6.1%
Sloan accruals ratio -15.4% -4.9%
0th		 -3.9%
Earnings quality score (0-1) 0.75 0.75
0th		 0.75

Dividends & buybacks

MeasureKRIndustry medianIndustry percentileSector median
Dividend yield 2.3% 1.8%
75th		 1.8%
Dividend per share (TTM) $1.44 $0.64
100th		 $0.64
Payout ratio (dividends / net income) 82.4% 26.5%
100th		 32.1%
Dividends / FCF 39.3% 18.6%
86th		 27.4%
Dividend growth (YoY) 10.5% -0.3%
67th		 1.8%
Buyback yield 10.0% 0.2%
88th		 0.9%
Shareholder yield (dividends + buybacks) 12.4% 1.7%
88th		 3.6%
Share count change (YoY) -8.6% -2.4%
12th		 -0.2%
Buybacks, last 5 years $10.5B $16.3M
100th		 $184.1M

Scores & forensic checks

MeasureKRIndustry medianIndustry percentileSector median
IS score 39 51
38th		 53
IS profitability 24 21
62nd		 32
IS growth 23 37
0th		 50
IS value 43 47
38th		 49
IS momentum 56 67
25th		 73
IS risk (safety) 100 90
62nd		 80
IS quality 43 66
25th		 65
IS balance sheet 24 53
38th		 53
IS earnings quality 77 82
38th		 76
IS cash flow 43 43
50th		 57
Piotroski F-score (0-9) 5 6
12th		 6
Altman Z-score 4.3 4.0
62nd		 3.2
Beneish M-score −7.84 −3.00
0th		 −2.71
Ohlson O-score −5.86 −6.25
62nd		 −7.61
IS credit score 53 70
38th		 64

Per share

MeasureKRIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $1.78 $2.05
38th		 $2.03
Book value per share $9.61 $10.29
38th		 $16.28
Tangible book per share $3.92 $9.69
38th		 $3.52
Revenue per share $245.60 $166.98
88th		 $41.08
FCF per share $3.74 $3.74
50th		 $3.18
Operating cash flow per share $10.85 $7.55
88th		 $4.93
Cash per share $2.76 $2.37
62nd		 $2.81

Size (TTM)

MeasureKRIndustry medianIndustry percentileSector median
Market cap $37.6B $1.6B
100th		 $4.0B
Revenue $149.3B $5.1B
100th		 $5.2B
EBITDA $5.4B $243.5M
100th		 $426.9M
Net income $1.1B $52.5M
100th		 $167.0M
Free cash flow $2.3B $57.1M
100th		 $345.6M
Total assets $49.5B $2.6B
100th		 $4.8B
Shareholders' equity $5.8B $1.4B
100th		 $1.6B
Employees 403,000 22,000
100th		 9,700

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-09-25Demartino Emilee F.
Executive Vice President
 Award / grant 12,769——12,769
2026-09-25Shaffer Megan N.
Group Vice President
 Tax withholding 269$58.74$15,80131,938
2026-09-25Vincent George H.
Executive Vice President
 Tax withholding 1,677$58.74$98,50717,982
2026-09-18Adcock Mary Ellen
Executive Vice President
 Option exercise 37,960$34.94$1.3M237,288
2026-09-18Adcock Mary Ellen
Executive Vice President
 Option exercise 10,846$38.32$415,619248,134
2026-09-18Adcock Mary Ellen
Executive Vice President
 Open-market sale 37,960$60.73$2.3M210,174
2026-09-18Adcock Mary Ellen
Executive Vice President
 Open-market sale 10,846$60.64$657,723199,328
2026-09-18Adcock Mary Ellen
Executive Vice President
 Open-market sale 24,095$60.68$1.5M175,233
2026-09-18Adcock Mary Ellen
Executive Vice President
 Option exercise 37,960$34.94$1.3M0
2026-09-18Adcock Mary Ellen
Executive Vice President
 Option exercise 10,846$38.32$415,6190
2026-09-01Aufreiter Nora A
Director
 Award / grant 73——10,859
2026-09-01Sutton Mark S
Director
 Award / grant 50——7,475

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarJunJulSep

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired2051,744—
Open-market saleDisposed4102,901$6.2M
Option exerciseAcquired248,806$1.7M
Option exerciseDisposed248,806$1.7M
Tax withholdingDisposed52,564$150,808
—Disposed50—
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

FiledFilerShares proposedEst. proceeds
2025-07-16Moore Clyde R3,810$272,834
2025-07-11Moore Clyde R26,814$1.9M
2025-04-03Mcmullen W Rodney283,461$19.9M
2025-04-02Mcmullen W Rodney91,400$6.2M
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 20 trades (13 purchases) · Senate 1 (1 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-11Ro KhannaHousePurchase$1,001 - $15,0002026-10-09
2026-09-04Ro KhannaHousePurchase$1,001 - $15,0002026-10-09
2026-07-24David TaylorHousePurchase$1,001 - $15,0002026-08-07
2026-07-24David TaylorHousePurchase$1,001 - $15,0002026-08-07
2026-02-26John BoozmanSenatePurchase$1,001 - $15,0002026-03-06
2023-12-14Jerry MoranSenateSale (Full)$1,001 - $15,0002024-01-17
2023-12-14Jerry MoranSenateSale (Full)$1,001 - $15,0002024-01-17
2023-12-14Jerry MoranSenateSale (Full)$1,001 - $15,0002024-01-16
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.54,330,207$3.0B9.20%
VANGUARD CAPITAL MANAGEMENT LLC35,522,344$2.0B6.01%
VANGUARD PORTFOLIO MANAGEMENT LLC30,961,732$1.7B5.24%
STATE STREET CORP29,233,695$1.6B4.95%
WELLINGTON MANAGEMENT GROUP LLP16,920,677$939.6M2.87%
FMR LLC16,603,705$922.0M2.81%
GEODE CAPITAL MANAGEMENT, LLC15,753,578$871.5M2.67%
FRANKLIN RESOURCES INC15,015,828$833.8M2.54%
DIMENSIONAL FUND ADVISORS LP12,526,239$695.6M2.12%
GOLDMAN SACHS GROUP INC8,432,635$468.3M1.43%
NORDEA INVESTMENT MANAGEMENT AB7,495,314$413.8M1.27%
NORGES BANK6,647,904$369.2M1.13%
Invesco Ltd.6,599,888$366.5M1.12%
LSV ASSET MANAGEMENT6,596,548$366.3M1.12%
AMERIPRISE FINANCIAL INC5,910,667$325.7M1.00%

Institutional ownership by quarter

2023-092026-0687.3%
% of shares held by 13F filers
2023-092026-061,322
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-301,32287.3%132538481180
2026-03-311,38886.5%181466562132
2025-12-311,36188.5%172516483132
2025-09-301,35189.9%112536500140
2025-06-301,40292.3%165516518103
2025-03-311,36594.5%175498500108
2024-12-311,31596.8%21448243081
2024-09-301,20795.5%13547441690
2024-06-301,17695.5%117496388118
2024-03-311,18895.9%15342145280
2023-12-311,13296.0%14636145672
2023-09-301,07896.3%9838941390

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-05-12SCHEDULE 13GSTATE STREET CORPORATION5.0%30,472,064
2026-04-30SCHEDULE 13GVanguard Capital Management6.9%42,391,980
2026-04-29SCHEDULE 13GVanguard Portfolio Management5.2%31,862,077
2026-03-27SCHEDULE 13G/AThe Vanguard Group0.0%0
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.05%$1.1B
VTSAX0.05%$1.1B
VTI0.05%$1.1B
VSMPX0.05%$1.1B
VOO0.05%$818.5M
VFINX0.05%$818.5M

Share structure

Shares outstanding590,589,000
Float588,558,555
Free float99.7%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$137.9B$148.3B$150.0B$147.1B$147.6B
Cost of revenue$107.5B$116.5B$116.7B$113.7B$116.6B
Gross profit$30.3B$31.8B$33.4B$33.4B$31.1B
R&D$0$0$0$0$0
SG&A$845.0M$839.0M$891.0M$877.0M$29.2B
Operating income$3.5B$4.1B$3.1B$3.8B$1.9B
EBITDA$6.1B$7.0B$7.0B$7.6B$5.8B
Pretax income$2.1B$2.9B$2.8B$3.3B$1.2B
Income tax$385.0M$653.0M$667.0M$670.0M$176.0M
Net income$1.7B$2.2B$2.2B$2.7B$1.0B
EPS, diluted$2.17$3.06$2.96$3.67$1.54
Diluted shares754.0M727.0M725.0M720.0M655.0M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$2.9B$2.1B$3.1B$5.3B$4.6B
Receivables$1.8B$2.2B$2.1B$2.2B$2.2B
Inventory$6.8B$7.6B$7.1B$7.0B$6.9B
Total current assets$12.2B$12.7B$12.9B$15.3B$14.5B
PP&E, net$30.5B$31.4B$31.9B$32.5B$30.9B
Goodwill & intangibles$4.0B$3.8B$3.8B$3.5B$3.4B
Total assets$49.1B$49.5B$50.5B$52.6B$49.9B
Accounts payable$7.1B$10.2B$10.4B$10.1B$10.5B
Total current liabilities$16.3B$17.2B$16.1B$15.9B$18.1B
Long-term debt$11.3B$10.1B$10.2B$15.8B$15.8B
Total liabilities$39.7B$39.5B$38.9B$44.3B$44.0B
Shareholders' equity$9.4B$10.0B$11.6B$8.3B$5.9B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$1.7B$2.2B$2.1B$2.7B$1.0B
Depreciation & amortization$3.4B$3.6B$3.8B$3.8B$3.9B
Stock-based compensation$203.0M$190.0M$172.0M$175.0M$0
Change in working capital−$229.0M−$3.4B$808.0M−$1.0B−$436.0M
Operating cash flow$6.2B$4.3B$6.8B$5.8B$7.2B
Capital expenditure−$2.6B−$3.1B−$3.9B−$4.0B−$3.9B
Free cash flow$3.6B$1.2B$2.9B$1.8B$3.4B
Investing cash flow−$2.6B−$3.0B−$3.8B−$3.2B−$3.9B
Net debt issued / repaid−$1.4B−$552.0M−$1.3B$5.6B−$497.0M
Buybacks−$1.6B−$993.0M−$62.0M−$5.2B−$2.7B
Dividends paid−$589.0M−$682.0M−$796.0M−$883.0M−$885.0M

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin22.0%21.4%22.2%22.7%22.8%
Operating margin2.0%2.8%2.1%2.6%1.3%
Net margin1.1%1.5%1.4%1.8%0.7%
FCF margin1.7%1.0%1.9%1.2%2.4%
ROE14.7%23.0%20.0%26.8%14.3%
ROIC7.6%11.3%8.5%10.9%6.2%
ROA3.0%4.5%4.3%5.2%2.0%
Debt / equity2.162.031.663.034.16
Interest coverage4.4x6.3x7.3x8.3x2.6x
Current ratio0.750.740.810.960.80
Revenue growth−2.5%+16.4%+1.2%−1.9%+0.4%
EPS growth−49.5%+59.5%−3.4%+28.3%−57.9%
P/E at year end20.6x13.6x14.8x15.8x38.8x
EV / EBITDA at year end8.6x7.0x6.9x8.1x10.6x
FCF yield at year end7.45%4.66%9.00%4.25%8.94%
Dividend payout41.0%30.5%36.8%33.1%87.1%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Non Perishable$69.6B$74.1B$76.9B——
Perishable$34.0B$35.4B$35.7B$36.3B$37.2B
Fuel$14.7B$18.6B$16.6B——
Pharmacy$12.4B$13.4B$14.3B$15.7B$18.2B
Other Product$7.2B$6.7B$6.6B——

Street estimates by fiscal year

Next report 2026-12-03 · consensus EPS $1.16 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$148.0B$147.4B – $148.9B$4.80$4.76 – $4.851613.3x
2026$148.0B$147.4B – $148.9B$4.80$4.76 – $4.851313.3x
2027$150.8B$149.5B – $152.0B$5.19$5.15 – $5.251312.3x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-09-11$1.06$1.09+2.8%$34.6B$34.6B−0.1%
2026-03-05$1.20$1.28+6.7%$35.0B$34.7B−0.7%
2025-12-04$1.03$1.05+1.9%$34.2B$33.9B−1.0%
2025-09-11$0.99$1.04+4.6%$34.1B$33.9B−0.5%
2025-06-20$1.45$1.49+2.8%$45.2B$45.1B−0.1%
2025-03-06$1.11$1.14+2.7%$34.6B$34.3B−0.8%
2024-12-05$0.98$0.980.0%$34.2B$33.6B−1.6%
2024-09-12$0.91$0.93+1.9%$34.1B$33.9B−0.5%
2024-06-20$1.35$1.43+5.9%$44.9B$45.3B+0.9%
2024-03-07$1.13$1.34+18.6%$37.1B$37.1B−0.0%
2023-11-30$0.91$0.95+4.4%$33.9B$34.0B+0.1%
2023-09-08$0.92$0.96+4.3%$34.1B$33.9B−0.8%
2023-06-15$1.46$1.51+3.4%$45.2B$45.2B−0.2%
2023-03-02$0.90$0.99+10.0%$45.2B$34.8B−22.9%
2022-12-01$0.82$0.88+7.3%$34.0B$34.2B+0.6%
2022-09-09$0.83$0.90+8.4%—$34.6B—
2022-06-16$1.28$1.45+13.3%$43.7B$44.6B+2.1%
2022-03-03$0.74$0.91+23.0%$32.7B$33.0B+1.1%
2021-12-02$0.66$0.78+18.2%$31.2B$31.9B+2.1%
2021-09-10$0.64$0.80+25.0%$23.1B$31.7B+37.0%
2021-06-17$0.99$1.19+20.2%$39.7B$41.3B+4.1%
2021-03-04$0.69$0.81+17.4%$30.8B$30.7B−0.3%
2020-12-03$0.67$0.71+6.0%$30.0B$29.7B−0.8%
2020-09-11$0.55$0.73+32.7%$23.0B$30.5B+32.7%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.706-150.606-220.306-290.607-060.507-130.407-200.507-270.408-030.308-100.408-170.308-240.408-31
Week ofNotionalSharesTrades
2026-08-31$356.2M6,115,570110,473
2026-08-24$335.1M5,755,204107,699
2026-08-17$405.1M7,148,292128,896
2026-08-10$315.7M5,591,339108,132
2026-08-03$424.0M7,392,081133,450
2026-07-27$475.5M8,098,948125,250

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1555.3%
DateShort shareShort volumeTotal volume
2026-10-1555.3%1,541,1892,784,580
2026-10-1439.9%1,350,4943,385,910
2026-10-1349.6%1,358,4282,737,291
2026-10-1250.0%889,4041,778,457
2026-10-0948.5%758,7521,563,500
2026-10-0838.8%1,298,1153,345,585
2026-10-0750.5%1,807,5263,575,902
2026-10-0640.8%832,3942,040,887
2026-10-0561.2%1,102,1381,799,463
2026-10-0256.8%824,9511,452,557
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+0.1Jan+1.8Feb+3.8Mar+0.8Apr-1.1May+0.3Jun+1.1Jul-0.5Aug-0.9Sep+2.6Oct+4.3Nov-0.1Dec
MonthAvg returnUp yearsYears
Jan+0.1%45%20
Feb+1.8%60%20
Mar+3.8%67%21
Apr+0.8%65%20
May−1.1%40%20
Jun+0.3%60%20
Jul+1.1%50%20
Aug−0.5%45%20
Sep−0.9%40%20
Oct+2.6%70%20
Nov+4.3%75%20
Dec−0.1%50%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1463.0
MFI60.6
ADX18.4
Stochastic %K / %D81.0 / 76.6
Williams %R-16.3
CCI151
TSI / signal16.5 / 10.2
Chaikin money flow0.01
ATR$1.64
Bollinger width11.5%
Volume vs 20-day avg0.64x
SupertrendUp

Moving averages and bands

level (price vs level)
SMA 20$60.17 (+5.8%)
SMA 50$58.79 (+8.2%)
SMA 200$63.35 (+0.4%)
EMA 21$60.64 (+4.9%)
EMA 50$59.72 (+6.5%)
EMA 200$61.99 (+2.6%)
Bollinger upper$63.64 (−0.0%)
Bollinger lower$56.70 (+12.2%)
Parabolic SAR$58.70 (+8.4%)
Open the live chart, 110+ indicators

About The Kroger Co.

The Kroger Co. functions as a significant retail entity throughout the United States, encompassing a varied collection of store formats. Its operations include integrated food and drug stores, which stock a broad range of products from natural and organic sections to pharmacies, general merchandise, pet centers, fresh seafood, and organic produce. The company also runs multi-department stores that broaden their offerings to include apparel, home fashion and furnishings, outdoor living goods, electronics, automotive products, and toys. Furthermore, Kroger's marketplace stores blend comprehensive grocery services, pharmacies, health and beauty care, and perishable items with general merchandise such as clothing and household goods. Its price impact warehouse stores, on the other hand, concentrate on providing groceries, health and beauty essentials, meat, dairy, baked goods, and fresh produce at competitive prices. Beyond its retail presence, Kroger is involved in manufacturing and processing food products, which it then sells through its own supermarkets and online platforms. The company also operates 1,613 fuel centers, selling fuel to customers. As of January 29, 2022, The Kroger Co. managed 2,726 supermarkets, operating under numerous brand names across 35 states and the District of Columbia. Established in 1883, the company is headquartered in Cincinnati, Ohio.

https://www.thekrogerco.com

Key executives

NameTitlePayBorn
Ronald L. SargentNon-Executive Chairman$4.1M1956
David John Christopher KennerleyExecutive Vice President & Chief Financial Officer$2.7M1974
Timothy A. MassaExecutive VP & Chief Associate Experience Officer$2.3M1967
Yael CossetExecutive Vice President & Chief Digital Officer$2.1M1974
Emilee F. DemartinoExecutive Vice President & Chief People Officer$2.1M—
Mary Ellen AdcockExecutive Vice President and Chief Merchant & Marketing Officer$1.8M1976
George H. VincentExecutive Vice President, Secretary & General Counsel——
Ken DeLucaPresident of Fry's Food & Drug Division——

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Ronald L. Sargent Interim Chief Executive Officer and Chairman2025$4.0M$10.0M$0$14.0M
David J.C. Kennerley Executive Vice President and Chief Financial Officer2025$647,312$7.1M$750,688$10.4M
Yael Cosset Executive Vice President and Chief Digital Officer2025$988,839$4.1M$930,884$7.2M
Timothy A. Massa Executive Vice President and Associate Experience Officer2025$978,051$3.4M$915,520$6.6M
Mary Ellen Adcock Executive Vice President and Chief Merchant & Marketing Officer2025$897,321$3.4M$714,546$6.0M
Todd A. Foley Former Senior Vice President and Interim Chief Financial Officer2025$248,214$749,971$268,876$1.3M

Employees

453k2019435k2020465k2021420k2022430k2023414k2024409k2025403k2026

Dividends

Ex-dateAmountPaid
2026-11-16$0.392026-12-01
2026-08-14$0.392026-09-01
2026-05-15$0.352026-06-01
2026-02-13$0.352026-03-01
2025-11-14$0.352025-12-01
2025-08-15$0.352025-09-01
2025-05-15$0.322025-06-01
2025-02-14$0.322025-03-01

Moat model

None · Efficient Scale · 2026-08-15
Cost advantage30
Intangibles26
Switching costs12
Network effect50
Efficient scale85
Our component scores (0-100) and overall 35.8; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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