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

Company name
Symbol
Pretax margin
Kroger Company
KR
1.89%
Grocery Outlet Holding Corp
GO
2.63%
Sprouts Farmers Market LLC
SFM
5.03%