Kroger Company (KR)
Net profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,164,000 | 2,244,000 | 1,655,000 | 2,585,000 | 1,659,000 |
| Revenue | US$ in thousands | 149,598,000 | 147,723,000 | 137,317,000 | 131,954,000 | 121,683,000 |
| Net profit margin | 1.45% | 1.52% | 1.21% | 1.96% | 1.36% |
February 3, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,164,000K ÷ $149,598,000K
= 1.45%
The net profit margin of Kroger Company has fluctuated over the past five years. In the most recent fiscal year ending on February 3, 2024, the net profit margin stood at 1.45%, slightly lower than the previous year's figure of 1.52%. This indicates a slight decrease in profitability compared to the prior year.
Looking back further, we observe that the net profit margin was 1.21% in January 29, 2022, representing a lower profitability level than in recent years. On the other hand, in the fiscal year ending on January 30, 2021, the net profit margin was relatively higher at 1.96%, suggesting an increase in profitability compared to the surrounding years.
Finally, in February 1, 2020, the net profit margin was 1.36%, indicating a moderate level of profitability compared to the other years under review. Overall, the net profit margin of Kroger Company has shown variability over the past five years, with fluctuations reflecting changes in the company's ability to generate profits relative to its revenue. It is essential for investors and stakeholders to consider these trends when assessing the company's financial performance and future prospects.
Peer comparison
Feb 3, 2024