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