Kroger Company (KR)

Operating return on assets (Operating ROA)

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 3, 2024 Jan 31, 2024 Nov 4, 2023 Oct 31, 2023 Aug 12, 2023 Jul 31, 2023 May 20, 2023 Apr 30, 2023 Jan 31, 2023 Jan 28, 2023 Nov 5, 2022 Oct 31, 2022 Aug 13, 2022 Jul 31, 2022 May 21, 2022 Apr 30, 2022
Operating income (ttm) US$ in thousands 4,024,000 4,306,000 4,879,000 4,976,000 4,419,000 2,746,000 866,000 1,424,000 1,982,000 3,287,000 4,592,000 3,963,000 3,334,000 3,462,000 3,600,000 4,264,000 4,935,000 4,946,000 4,947,000 4,310,000
Total assets US$ in thousands 52,616,000 62,418,000 51,443,000 51,579,000 50,505,000 50,505,000 51,021,000 51,021,000 50,202,000 50,202,000 50,193,000 50,193,000 49,623,000 49,623,000 49,987,000 49,987,000 48,741,000 48,741,000 49,091,000 49,091,000
Operating ROA 7.65% 6.90% 9.48% 9.65% 8.75% 5.44% 1.70% 2.79% 3.95% 6.55% 9.15% 7.90% 6.72% 6.98% 7.20% 8.53% 10.12% 10.15% 10.08% 8.78%

January 31, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $4,024,000K ÷ $52,616,000K
= 7.65%

Kroger Company's operating return on assets (operating ROA) has shown fluctuations over the analyzed period. The ratio ranged from a high of 10.15% in July 2022 to a low of 1.70% in November 2023. From January 2023 to February 2024, there was a downward trend in operating ROA, reaching a low of 1.70% in November 2023. However, there was an improvement in the ratio from this low point to reach 9.65% in April 2024. Overall, Kroger Company's operating ROA appears to have stabilized around the range of 6.90% to 9.65% from October 2024 to April 2024, indicating a moderate level of profitability generated from its assets during this period.


Peer comparison

Jan 31, 2025

Company name
Symbol
Operating ROA
Kroger Company
KR
7.65%
Grocery Outlet Holding Corp
GO
2.47%
Sprouts Farmers Market LLC
SFM
14.00%