Kroger Company (KR)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 2,831,000 | 2,523,000 | 2,197,000 | 3,335,000 | 2,897,000 | 2,985,000 | 3,021,000 | 2,674,000 | 2,040,000 | 1,218,000 | 1,491,000 | 2,483,000 | 2,705,000 | 3,158,000 | 2,715,000 | 2,128,000 | 2,055,000 | 2,121,000 | 2,366,000 | 4,010,000 |
| 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 |
| Pretax margin | 1.89% | 1.71% | 1.49% | 2.25% | 1.96% | 2.05% | 2.10% | 1.90% | 1.49% | 0.90% | 1.12% | 1.74% | 2.08% | 2.48% | 2.15% | 1.75% | 1.70% | 1.76% | 1.96% | 3.32% |
February 3, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,831,000K ÷ $149,599,000K
= 1.89%
The pretax margin of Kroger Company has fluctuated over the last few reporting periods. The trend shows some variability, with the pretax margins ranging from 0.90% to 3.32%. Specifically, the highest pretax margin was observed on February 2, 2019, at 3.32%, indicating that the company generated a strong level of profitability before taxes during this period. However, the pretax margin on November 6, 2021, was particularly low at 0.90%, reflecting a decrease in profitability compared to other periods.
Overall, the pretax margin for Kroger Company has shown some inconsistency, suggesting potential changes in the company's cost structure or revenue generation strategies over the analyzed periods. It is essential for stakeholders to monitor these fluctuations in pretax margin to assess the company's financial performance and its ability to generate profit before taxes effectively.
Peer comparison
Feb 3, 2024