Kroger Company (KR)
Operating profit margin
| Feb 3, 2024 | Nov 4, 2023 | Aug 12, 2023 | May 20, 2023 | Jan 28, 2023 | Nov 5, 2022 | Aug 13, 2022 | May 21, 2022 | Jan 29, 2022 | Nov 6, 2021 | Aug 14, 2021 | May 22, 2021 | Jan 30, 2021 | Nov 7, 2020 | May 23, 2020 | Feb 1, 2020 | Nov 9, 2019 | Aug 17, 2019 | May 25, 2019 | Feb 2, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 3,097,000 | 2,729,000 | 2,658,000 | 4,091,000 | 4,126,000 | 4,265,000 | 4,292,000 | 4,177,000 | 3,477,000 | 2,354,000 | 2,278,000 | 2,765,000 | 2,497,000 | 2,909,000 | 2,676,000 | 2,251,000 | 2,105,000 | 2,498,000 | 2,488,000 | 2,616,000 |
| Revenue (ttm) | US$ in thousands | 149,599,000 | 147,344,000 | 147,560,000 | 148,311,000 | 147,722,000 | 145,928,000 | 143,574,000 | 140,608,000 | 137,318,000 | 135,034,000 | 132,903,000 | 142,733,000 | 130,353,000 | 127,559,000 | 126,003,000 | 121,682,000 | 121,073,000 | 120,766,000 | 120,453,000 | 120,737,000 |
| Operating profit margin | 2.07% | 1.85% | 1.80% | 2.76% | 2.79% | 2.92% | 2.99% | 2.97% | 2.53% | 1.74% | 1.71% | 1.94% | 1.92% | 2.28% | 2.12% | 1.85% | 1.74% | 2.07% | 2.07% | 2.17% |
February 3, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $3,097,000K ÷ $149,599,000K
= 2.07%
To analyze Kroger Company's operating profit margin based on the provided data, we observe that the operating profit margin fluctuated over the dates mentioned. The operating profit margin represents the percentage of revenue that remains as profit after accounting for operating expenses.
Kroger's operating profit margin ranged from a low of 1.71% on August 14, 2021, to a high of 2.99% on August 13, 2022. The average operating profit margin over this period was approximately 2.16%.
The company experienced variability in its operating profit margin, potentially indicating fluctuations in operating efficiency and cost management during the period under review. It is important for Kroger to maintain or improve its operating profit margin to ensure sustainable profitability and operational effectiveness.
Furthermore, the trend in operating profit margin should be analyzed in conjunction with other financial ratios and metrics to gain a comprehensive understanding of Kroger's financial performance and competitive position within the industry.
Peer comparison
Feb 3, 2024