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

Company name
Symbol
Operating profit margin
Kroger Company
KR
2.07%
Grocery Outlet Holding Corp
GO
3.18%
Sprouts Farmers Market LLC
SFM
5.13%