Kroger Company (KR)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,164,000 | 1,879,000 | 1,631,000 | 2,542,000 | 2,244,000 | 2,358,000 | 2,443,000 | 2,179,000 | 1,655,000 | 1,013,000 | 1,161,000 | 1,906,000 | 2,093,000 | 2,433,000 | 2,099,000 | 1,659,000 | 1,591,000 | 1,645,000 | 1,856,000 | 3,110,000 |
| Total stockholders’ equity | US$ in thousands | 11,615,000 | 11,209,000 | 10,626,000 | 10,905,000 | 10,042,000 | 9,955,000 | 9,657,000 | 9,411,000 | 9,452,000 | 9,519,000 | 9,278,000 | 9,249,000 | 9,576,000 | 10,070,000 | 9,356,000 | 8,602,000 | 8,915,000 | 8,711,000 | 8,581,000 | 7,886,000 |
| ROE | 18.63% | 16.76% | 15.35% | 23.31% | 22.35% | 23.69% | 25.30% | 23.15% | 17.51% | 10.64% | 12.51% | 20.61% | 21.86% | 24.16% | 22.43% | 19.29% | 17.85% | 18.88% | 21.63% | 39.44% |
February 3, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,164,000K ÷ $11,615,000K
= 18.63%
The return on equity (ROE) of Kroger Company has shown fluctuations over the past several quarters. In the most recent quarter ended February 3, 2024, the ROE stood at 18.63%, indicating that for every dollar of shareholders' equity, the company generated a profit of 18.63 cents. This represented a slight improvement from the previous quarter's ROE of 16.76% as of November 4, 2023.
Looking back further, the ROE figures have varied, with some quarters showing stronger performance than others. For example, in August 13, 2022, Kroger's ROE reached its peak in the provided data at 25.30%, reflecting a higher return on the shareholders' investment during that period. Conversely, in November 6, 2021, the ROE dipped to 10.64%, which was one of the lowest levels in the period covered.
Overall, the trend in Kroger's ROE appears to have been fairly stable, with some volatility in certain quarters. Investors and analysts may want to delve deeper into the company's financial performance, profitability drivers, and management strategies to understand the factors influencing these fluctuations and assess the sustainability of the returns generated on the shareholders' equity.
Peer comparison
Feb 3, 2024