Kroger Company (KR)
Return on equity (ROE)
Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Nov 4, 2023 | Oct 31, 2023 | Aug 12, 2023 | Jul 31, 2023 | May 20, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 28, 2023 | Nov 5, 2022 | Oct 31, 2022 | Aug 13, 2022 | Jul 31, 2022 | May 21, 2022 | Apr 30, 2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 2,665,000 | 2,767,000 | 2,885,000 | 3,065,000 | 2,764,000 | 1,848,000 | 932,000 | 1,248,000 | 1,564,000 | 2,195,000 | 2,826,000 | 2,262,000 | 1,698,000 | 1,978,000 | 2,251,000 | 2,517,000 | 2,783,000 | 2,618,000 | 2,459,000 | 2,278,000 |
Total stockholders’ equity | US$ in thousands | 8,281,000 | 12,900,000 | 12,518,000 | 12,418,000 | 11,615,000 | 11,615,000 | 11,209,000 | 11,191,000 | 10,626,000 | 10,604,000 | 10,905,000 | 10,880,000 | 10,042,000 | 10,042,000 | 9,955,000 | 9,929,000 | 9,657,000 | 9,657,000 | 9,411,000 | 9,411,000 |
ROE | 32.18% | 21.45% | 23.05% | 24.68% | 23.80% | 15.91% | 8.31% | 11.15% | 14.72% | 20.70% | 25.91% | 20.79% | 16.91% | 19.70% | 22.61% | 25.35% | 28.82% | 27.11% | 26.13% | 24.21% |
January 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,665,000K ÷ $8,281,000K
= 32.18%
The return on equity (ROE) of Kroger Company has shown fluctuations over the period analyzed. From April 30, 2022, to January 31, 2023, the ROE declined consistently from 24.21% to 16.91%. This indicates a decrease in the company's ability to generate profits from shareholders' equity during this time frame.
There was a slight increase in ROE by April 30, 2023, reaching 20.79%, but it dropped again by August 12, 2023, to 14.72%. This downward trend continued with ROE hitting a low of 8.31% by November 4, 2023.
However, there was a significant improvement in ROE by February 3, 2024, at 23.80%, continuing to rise to 32.18% by January 31, 2025. This positive trend indicates a strengthening in the company's ability to generate profit relative to the shareholders' equity during this period.
Overall, the fluctuating trend in ROE observed in the data suggests varying levels of profitability and efficiency in utilizing shareholders' equity by Kroger Company over the analyzed period.
Peer comparison
Jan 31, 2025