Financials Kroger Co. (The)

Equities

KR

US5010441013

Food Retail & Distribution

Market Closed - Nyse Other stock markets 04:00:02 2025-12-15 pm EST			After hours 08:00:00 pm
62.66 ^USD	-0.84%		62.14	-0.84%

Dec. 15	FDA sends warning letters to Walmart, Target, Kroger & Albertsons for selling recalled infant formula	RE
Dec. 15	US FDA sends warning letters to Walmart, Target for selling recalled baby formula	RE

Projected Income Statement: Kroger Co. (The)

Fiscal Period: February	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	132,498	137,888	148,258	150,039	147,123	148,075	151,048	154,768
Change	-	4.07%	7.52%	1.2%	-1.94%	0.65%	2.01%	2.46%
EBITDA ¹	6,803	7,134	8,044	7,924	7,920	8,167	8,410	8,612
Change	-	4.87%	12.76%	-1.49%	-0.05%	3.12%	2.97%	2.4%
EBIT ¹	4,056	4,310	5,079	4,986	4,674	4,755	4,950	5,116
Change	-	6.26%	17.84%	-1.83%	-6.26%	1.74%	4.09%	3.36%
Interest Paid ¹	-544	-571	-535	-441	-450	-646.4	-665.3	-683.3
Earnings before Tax (EBT) ¹	3,370	2,051	2,902	2,836	3,342	3,114	4,276	4,431
Change	-	-39.14%	41.49%	-2.27%	17.84%	-6.83%	37.31%	3.62%
Net income ¹	2,585	1,655	2,244	2,164	2,665	943.5	3,291	3,382
Change	-	-35.98%	35.59%	-3.57%	23.15%	-64.6%	248.79%	2.76%
Announcement Date	3/4/21	3/3/22	3/2/23	3/7/24	3/6/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: February	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1	2028 Q2	2028 Q3
Net sales ¹	30,737	41,298	31,682	31,860	33,048	44,600	34,638	34,198	34,823	45,165	33,853	33,957	37,064	45,269	33,912	33,634	34,308	45,118	33,940	33,859	35,081	45,819	34,510	34,510	35,748	46,936	35,300	35,455
Change	-	34.36%	-23.28%	0.56%	3.73%	34.96%	-22.34%	-1.27%	1.83%	29.7%	-25.05%	0.31%	9.15%	22.14%	-25.09%	-0.82%	2%	31.51%	-24.78%	-0.24%	3.61%	30.61%	-24.68%	0%	3.59%	31.3%	-24.79%	0.44%
EBITDA ¹	1,511	2,236	1,594	1,633	1,671	2,491	1,794	1,779	1,980	2,626	1,705	1,743	1,849	2,313	1,735	1,774	1,934	2,533	1,809	1,834	1,938	2,648	1,865	1,904	2,033	2,716	1,862	2,133
Change	-	47.98%	-28.71%	2.45%	2.33%	49.07%	-27.98%	-0.84%	11.3%	32.63%	-35.07%	2.23%	6.08%	25.09%	-24.99%	2.25%	9.02%	30.97%	-28.58%	1.38%	5.68%	36.6%	-29.54%	2.05%	6.79%	33.61%	-31.44%	14.55%
EBIT ¹	837	1,375	947	974	1,014	1,601	1,110	1,094	1,274	1,669	989	1,022	1,307	1,499	984	1,017	1,174	1,482	1,031	1,052	1,151	1,555	1,055	1,090	1,217	1,664	1,071	1,341
Change	-	64.28%	-31.13%	2.85%	4.11%	57.89%	-30.67%	-1.44%	16.45%	31%	-40.74%	3.34%	27.89%	14.69%	-34.36%	3.35%	15.44%	26.24%	-30.43%	2.04%	9.45%	35.03%	-32.12%	3.25%	11.73%	36.68%	-35.64%	25.21%
Charge d'intérêts ¹	-106	-165	-137	-135	-133	-177	-127	-119	-113	-153	-93	-94	-100	-123	-84	-86	-157	-199	-144	-146	-152.3	-205.7	-152.3	-153.9	-154	-210	-155	-155
Earnings before Tax (EBT) ¹	-110	179	595	562	715	812	941	526	623	1,248	-197	851	934	1,191	613	804	736	1,103	772	-1,790	1,149	1,240	922	915	1,079	-	-	-
Change	-	262.73%	232.4%	-5.55%	27.22%	13.57%	15.89%	-44.1%	18.44%	100.32%	-115.79%	531.98%	9.75%	27.52%	-48.53%	31.16%	-8.46%	49.86%	-30.01%	-331.87%	164.18%	7.94%	-25.65%	-0.76%	17.92%	-	-	-
Net income ¹	-77	140	467	483	566	664	731	398	450	962	-180	646	736	947	466	618	634	866	609	-1,320	784.4	944	685.5	710	757	-	-	-
Change	-	281.82%	233.57%	3.43%	17.18%	17.31%	10.09%	-45.55%	13.07%	113.78%	-118.71%	458.89%	13.93%	28.67%	-50.79%	32.62%	2.59%	36.59%	-29.68%	-316.75%	159.43%	20.34%	-27.38%	3.57%	6.62%	-	-	-
Announcement Date	3/4/21	6/17/21	9/10/21	12/2/21	3/3/22	6/16/22	9/9/22	12/1/22	3/2/23	6/15/23	9/8/23	11/30/23	3/7/24	6/20/24	9/12/24	12/5/24	3/6/25	6/20/25	9/11/25	12/4/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Kroger Co. (The)

Fiscal Period: February	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	11,726	11,543	12,363	11,991	14,162	14,932	14,378	13,864
Change	-	-1.56%	7.1%	-3.01%	18.11%	5.44%	-3.71%	-3.57%
Announcement Date	3/4/21	3/3/22	3/2/23	3/7/24	3/6/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Kroger Co. (The)

Fiscal Period: February	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	2,865	2,614	3,078	3,904	4,017	3,742	3,781	3,880
Change	-	-8.76%	17.75%	26.84%	2.89%	-6.85%	1.06%	2.61%
Free Cash Flow (FCF) ¹	3,950	3,576	1,233	2,884	1,777	2,774	3,009	3,354
Change	-	-9.47%	-65.52%	133.9%	-38.38%	56.13%	8.47%	11.44%
Announcement Date	3/4/21	3/3/22	3/2/23	3/7/24	3/6/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Kroger Co. (The)

Fiscal Period: February	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	5.13%	5.17%	5.43%	5.28%	5.38%	5.52%	5.57%	5.56%
EBIT Margin (%)	3.06%	3.13%	3.43%	3.32%	3.18%	3.21%	3.28%	3.31%
EBT Margin (%)	2.54%	1.49%	1.96%	1.89%	2.27%	2.1%	2.83%	2.86%
Net margin (%)	1.95%	1.2%	1.51%	1.44%	1.81%	0.64%	2.18%	2.18%
FCF margin (%)	2.98%	2.59%	0.83%	1.92%	1.21%	1.87%	1.99%	2.17%
FCF / Net Income (%)	152.8%	216.07%	54.95%	133.27%	66.68%	294.06%	91.45%	99.18%
Profitability
ROA	5.51%	5.73%	6.29%	6.95%	6.3%	4.85%	6.52%	6.52%
ROE	28.53%	29.53%	31.85%	32.19%	32.65%	34.84%	43.76%	38.85%
Financial Health
Leverage (Debt/EBITDA)	1.72x	1.62x	1.54x	1.51x	1.79x	1.83x	1.71x	1.61x
Debt / Free cash flow	2.97x	3.23x	10.03x	4.16x	7.97x	5.38x	4.78x	4.13x
Capital Intensity
CAPEX / Current Assets (%)	2.16%	1.9%	2.08%	2.6%	2.73%	2.53%	2.5%	2.51%
CAPEX / EBITDA (%)	42.11%	36.64%	38.26%	49.27%	50.72%	45.81%	44.96%	45.06%
CAPEX / FCF (%)	72.53%	73.1%	249.64%	135.37%	226.06%	134.86%	125.65%	115.7%
Items per share
Cash flow per share ¹	8.726	8.21	5.93	9.363	8.047	9.028	9.263	10.85
Change	-	-5.92%	-27.77%	57.89%	-14.05%	12.19%	2.6%	17.1%
Dividend per Share ¹	0.7	0.81	0.99	1.13	1.25	1.375	1.476	1.567
Change	-	15.71%	22.22%	14.14%	10.62%	10%	7.34%	6.21%
Book Value Per Share ¹	12.62	12.51	14.03	16.11	12.59	9.284	12	14.59
Change	-	-0.87%	12.15%	14.88%	-21.89%	-26.23%	29.22%	21.61%
EPS ¹	3.27	2.17	3.1	2.96	3.67	1.524	5.182	5.386
Change	-	-33.64%	42.86%	-4.52%	23.99%	-58.47%	239.98%	3.95%
Nbr of stocks (in thousands)	761,347	735,256	715,822	719,423	723,606	632,849	632,849	632,849
Announcement Date	3/4/21	3/3/22	3/2/23	3/7/24	3/6/25	-	-	-