Kroger Company (KR)
Pretax margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,831,000 | 2,897,000 | 2,040,000 | 3,367,000 | 2,128,000 |
| Revenue | US$ in thousands | 149,598,000 | 147,723,000 | 137,317,000 | 131,954,000 | 121,683,000 |
| Pretax margin | 1.89% | 1.96% | 1.49% | 2.55% | 1.75% |
February 3, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,831,000K ÷ $149,598,000K
= 1.89%
The pretax margin of Kroger Company has experienced fluctuations over the past five years. In the most recent fiscal year ending on February 3, 2024, the pretax margin was 1.89%, showing a slight decrease compared to the previous fiscal year where it stood at 1.96%. Looking back further, there was a notable increase in the pretax margin in the fiscal year ending January 30, 2021, reaching 2.55%. However, the fiscal year ending on January 29, 2022, saw a decline in the pretax margin to 1.49%. In the fiscal year ending on February 1, 2020, the pretax margin was 1.75%.
These fluctuations in the pretax margin indicate variations in the company's ability to generate profits before considering taxes. It is essential for Kroger Company to analyze the factors contributing to these changes in order to maintain and improve profitability levels in the future.
Peer comparison
Feb 3, 2024