Kroger Company (KR)
Return on assets (ROA)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,665,000 | 2,164,000 | 2,164,000 | 2,244,000 | 2,244,000 |
| Total assets | US$ in thousands | 52,616,000 | 50,505,000 | 50,505,000 | 49,537,000 | 49,623,000 |
| ROA | 5.06% | 4.28% | 4.28% | 4.53% | 4.52% |
January 31, 2025 calculation
ROA = Net income ÷ Total assets
= $2,665,000K ÷ $52,616,000K
= 5.06%
Based on the provided data, Kroger Company's Return on Assets (ROA) has shown some fluctuation over the past few years. In January 2023, the ROA was 4.52%, and by the end of that year (January 31, 2023), it slightly increased to 4.53%. However, in the following year (January 31, 2024), the ROA decreased to 4.28%, maintaining the same level in February 3, 2024.
The most notable improvement occurred by January 31, 2025, where the ROA increased to 5.06%. This indicates that Kroger Company became more efficient in generating profits from its assets during that period. Overall, while there have been fluctuations in Kroger Company's ROA, the trend seems to be positive in recent years, suggesting effective management of assets to maximize profitability.
Peer comparison
Jan 31, 2025