The Kroger Co. (KR) Key Metrics
KR valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $37.58B
- Enterprise value
- $56.01B
- P/E (TTM)
- 35.4 10-yr median 15.0
- Forward P/E
- 11.3
- PEG ratio
- 0.57
- Price / sales
- 0.3 10-yr median 0.2
- Price / book
- 5.9 10-yr median 3.4
- EV / EBITDA
- 9.6 10-yr median 7.5
- Dividend yield
- 2.45% $1.56 a year
- Beta
- 0.35
KR key metrics, FY2017–FY2026
Fiscal year ended January 31, 2026 · U.S. dollarsKR valuation Price multiples at each fiscal year-end price.
KR returns How much profit the business earns on the capital it uses.
KR per-share figures Results divided by the shares outstanding at year-end.
KR financial health Debt, liquidity and how easily interest is covered.
KR efficiency & capital use Working capital cycle and where the cash goes.
KR valuation history
KR returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
KR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
KR cash returned to shareholders
KR price vs earnings per share
KR key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $41.17B | $44.38B | $33.45B | $32.45B | $32.87B | $26.94B | $21.62B | $23.17B | $27.45B | $32.53B |
| Enterprise value | $61.27B | $64.19B | $49.60B | $50.72B | $50.40B | $44.75B | $41.22B | $36.79B | $41.53B | $45.38B |
| P/E ratio | 40.5 | 16.7 | 15.5 | 14.5 | 19.9 | 10.4 | 13.0 | 7.5 | 14.4 | 16.5 |
| Price / sales | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 |
| Price / book | 6.9 | 5.4 | 2.9 | 3.2 | 3.5 | 2.8 | 2.5 | 2.9 | 4.0 | 4.9 |
| Price / free cash flow | 12.3 | 25.0 | 11.6 | 26.3 | 9.2 | 6.8 | 14.1 | 19.4 | 45.4 | 56.8 |
| Price / operating cash flow | 5.7 | 7.7 | 4.9 | 7.5 | 5.3 | 4.0 | 4.6 | 5.6 | 8.0 | 7.6 |
| EV / sales | 0.4 | 0.4 | 0.3 | 0.3 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 |
| EV / EBITDA | 10.6 | 8.4 | 7.1 | 7.2 | 8.3 | 6.1 | 7.0 | 5.2 | 9.2 | 7.9 |
| EV / free cash flow | 18.3 | 36.1 | 17.2 | 41.1 | 14.1 | 11.3 | 26.8 | 30.7 | 68.8 | 79.2 |
| Earnings yield | 2.5% | 6.0% | 6.5% | 6.9% | 5.0% | 9.6% | 7.7% | 13.4% | 6.9% | 6.1% |
| Free cash flow yield | 8.1% | 4.0% | 8.6% | 3.8% | 10.9% | 14.7% | 7.1% | 5.2% | 2.2% | 1.8% |
| Dividend yield | 2.1% | 2.0% | 2.4% | 2.1% | 1.8% | 2.0% | 2.2% | 1.9% | 1.6% | 1.3% |
| Shareholder yield (dividends + buybacks) | 8.7% | 13.6% | 2.6% | 5.2% | 6.8% | 6.9% | 4.4% | 10.6% | 7.6% | 6.7% |
| Share price at fiscal year-end | $62.85 | $61.64 | $46.14 | $44.63 | $43.59 | $34.50 | $26.86 | $28.33 | $30.36 | $33.96 |
| Per share | ||||||||||
| Revenue per share | $225.41 | $204.34 | $206.95 | $203.93 | $182.88 | $169.65 | $151.91 | $148.96 | $136.37 | $120.39 |
| Earnings per share | $1.55 | $3.70 | $2.98 | $3.09 | $2.19 | $3.31 | $2.06 | $3.80 | $2.11 | $2.06 |
| Operating cash flow per share | $11.00 | $8.05 | $9.36 | $5.93 | $8.21 | $8.73 | $5.79 | $5.09 | $3.78 | $4.46 |
| Free cash flow per share | $5.11 | $2.47 | $3.98 | $1.70 | $4.74 | $5.06 | $1.91 | $1.46 | $0.67 | $0.60 |
| Cash per share | $6.99 | $7.32 | $4.27 | $2.95 | $3.85 | $3.56 | $1.96 | $1.97 | $1.67 | $1.29 |
| Book value per share | $9.05 | $11.51 | $16.02 | $13.81 | $12.54 | $12.26 | $10.69 | $9.64 | $7.67 | $6.99 |
| Tangible book value per share | $3.85 | $6.63 | $10.76 | $8.57 | $7.21 | $7.05 | $5.54 | $4.33 | $3.21 | $2.62 |
| Dividends per share | $1.35 | $1.23 | $1.10 | $0.94 | $0.78 | $0.68 | $0.60 | $0.53 | $0.49 | $0.45 |
| Capex per share | $5.89 | $5.58 | $5.38 | $4.23 | $3.47 | $3.67 | $3.89 | $3.63 | $3.11 | $3.86 |
| Debt per share | $37.68 | $34.84 | $26.55 | $28.08 | $27.11 | $26.36 | $26.31 | $18.62 | $17.24 | $14.69 |
| Shares outstanding | 655.0M | 720.0M | 725.0M | 727.0M | 754.0M | 781.0M | 805.0M | 818.0M | 904.0M | 958.0M |
| Change in shares outstanding | −9.0% | −0.7% | −0.3% | −3.6% | −3.5% | −3.0% | −1.6% | −9.5% | −5.6% | −2.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 14.3% | 26.8% | 20.0% | 23.0% | 17.4% | 28.4% | 20.1% | 42.0% | 28.0% | 29.2% |
| Return on invested capital (ROIC) | 6.0% | 11.0% | 8.4% | 11.6% | 10.4% | 7.7% | 6.9% | 9.5% | 12.9% | 12.4% |
| Return on assets (ROA) | 2.0% | 5.2% | 4.3% | 4.5% | 3.4% | 5.5% | 4.0% | 8.3% | 5.2% | 5.6% |
| Return on tangible assets | 2.2% | 5.4% | 4.6% | 4.9% | 3.7% | 5.8% | 4.0% | 9.2% | 5.7% | 6.1% |
| Free cash flow margin | 2.3% | 1.2% | 1.9% | 0.8% | 2.6% | 3.0% | 1.3% | 1.0% | 0.5% | 0.5% |
| Income quality (OCF / net income) | 7.09 | 2.17 | 3.14 | 1.92 | 3.74 | 2.64 | 2.81 | 1.34 | 1.79 | 2.16 |
| Financial health | ||||||||||
| Total debt | $24.68B | $25.08B | $19.25B | $20.41B | $20.44B | $20.59B | $21.18B | $15.23B | $15.59B | $14.08B |
| Cash & short-term investments | $4.58B | $5.27B | $3.10B | $2.14B | $2.90B | $2.78B | $1.58B | $1.61B | $1.51B | $1.23B |
| Net debt | $20.10B | $19.81B | $16.15B | $18.27B | $17.54B | $17.80B | $19.60B | $13.62B | $14.08B | $12.85B |
| Debt / equity | 4.16 | 3.03 | 1.66 | 2.03 | 2.16 | 2.15 | 2.46 | 1.93 | 2.25 | 2.10 |
| Debt / assets | 0.49 | 0.48 | 0.38 | 0.41 | 0.42 | 0.42 | 0.47 | 0.40 | 0.42 | 0.39 |
| Net debt / EBITDA | 3.49 | 2.59 | 2.30 | 2.60 | 2.90 | 2.44 | 3.34 | 1.93 | 3.11 | 2.22 |
| Current ratio | 0.80 | 0.96 | 0.81 | 0.74 | 0.75 | 0.81 | 0.76 | 0.76 | 0.78 | 0.80 |
| Quick ratio | 0.42 | 0.52 | 0.36 | 0.30 | 0.33 | 0.35 | 0.27 | 0.28 | 0.32 | 0.29 |
| Interest coverage | 3.0 | 8.6 | 7.0 | 7.7 | 6.1 | 5.1 | 3.7 | 4.2 | 4.3 | 6.6 |
| Working capital | −$3.58B | −$667.0M | −$3.11B | −$4.57B | −$4.15B | −$2.86B | −$3.35B | −$3.47B | −$3.08B | −$2.52B |
| Invested capital | $26.03B | $28.10B | $27.76B | $28.31B | $26.99B | $27.38B | $28.20B | $21.50B | $21.01B | $19.54B |
| Tangible asset value | $2.53B | $4.77B | $7.79B | $6.20B | $5.41B | $5.48B | $4.43B | $3.49B | $2.88B | $2.53B |
| Net current asset value | −$29.50B | −$29.06B | −$25.96B | −$26.94B | −$27.48B | −$26.61B | −$25.79B | −$19.48B | −$19.18B | −$19.45B |
| Graham number | $17.77 | $30.96 | $32.80 | $30.97 | $24.88 | $30.22 | $22.26 | $28.72 | $19.08 | $18.01 |
| Graham net-net per share | −$52.42 | −$47.08 | −$42.28 | −$44.03 | −$42.43 | −$40.28 | −$37.62 | −$29.41 | −$26.87 | −$25.10 |
| Capital allocation | ||||||||||
| Dividends paid | $885.0M | $883.0M | $796.0M | $682.0M | $589.0M | $534.0M | $486.0M | $437.0M | $443.0M | $429.0M |
| Share buybacks (net) | $2.70B | $5.16B | $62.0M | $993.0M | $1.65B | $1.32B | $465.0M | $2.01B | $1.63B | $1.77B |
| Dividend payout ratio | 87.1% | 33.1% | 36.8% | 30.4% | 35.6% | 20.7% | 29.3% | 14.1% | 23.2% | 21.7% |
| Dividends + buybacks / free cash flow | 107.0% | 339.8% | 29.8% | 135.8% | 62.5% | 47.0% | 61.9% | 204.4% | 343.7% | 383.1% |
| Capex / revenue | 2.6% | 2.7% | 2.6% | 2.1% | 1.9% | 2.2% | 2.6% | 2.4% | 2.3% | 3.2% |
| Capex / operating cash flow | 53.5% | 69.3% | 57.5% | 71.4% | 42.2% | 42.0% | 67.1% | 71.3% | 82.3% | 86.6% |
| Capex / depreciation | 0.98 | 1.04 | 1.04 | 0.86 | 0.76 | 0.85 | 0.95 | 1.20 | 1.15 | 1.58 |
| Stock-based compensation / revenue | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| SG&A / revenue | 0.6% | 0.6% | 0.6% | 0.6% | 1.3% | 0.8% | 1.4% | 1.3% | 1.3% | 0.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 5.4 | 5.4 | 5.3 | 5.0 | 4.8 | 4.8 | 4.9 | 4.8 | 4.9 | 5.4 |
| Days of inventory on hand | 22.4 | 22.7 | 22.9 | 22.5 | 23.5 | 25.4 | 26.7 | 25.7 | 24.9 | 26.0 |
| Days payables outstanding | 33.2 | 32.9 | 32.2 | 27.1 | 23.4 | 23.4 | 23.8 | 22.9 | 22.2 | 23.5 |
| Cash conversion cycle (days) | -5.3 | -4.8 | -3.9 | 0.4 | 4.9 | 6.8 | 7.8 | 7.6 | 7.6 | 7.8 |
| Receivables turnover | 67.31 | 67.94 | 68.67 | 73.00 | 76.41 | 76.00 | 74.23 | 75.54 | 75.03 | 68.19 |
| Payables turnover | 10.99 | 11.09 | 11.35 | 13.47 | 15.59 | 15.60 | 15.36 | 15.96 | 16.41 | 15.50 |
| Inventory turnover | 16.26 | 16.08 | 15.91 | 16.24 | 15.53 | 14.36 | 13.68 | 14.22 | 14.63 | 14.06 |
| Asset turnover | 2.88 | 2.85 | 3.00 | 3.00 | 2.82 | 2.82 | 2.93 | 3.24 | 3.35 | 3.28 |
| Average receivables | $2.19B | $2.17B | $2.19B | $2.03B | $1.80B | $1.74B | $1.65B | $1.61B | $1.64B | $1.69B |
| Average payables | $10.31B | $10.25B | $10.28B | $8.65B | $6.90B | $6.51B | $6.20B | $5.96B | $5.84B | $5.77B |
| Average inventory | $6.96B | $7.07B | $7.33B | $7.17B | $6.92B | $7.07B | $6.96B | $6.69B | $6.55B | $6.36B |
| Intangibles / total assets | 6.8% | 6.7% | 7.6% | 7.7% | 8.2% | 8.4% | 9.2% | 11.4% | 10.8% | 11.5% |
Computed from KR's annual financial statements (latest annual report filed March 31, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
KR valuation and financial ratios
At the end of fiscal 2026 (January 31, 2026), Kroger traded at 40.5 times earnings, against a 10-year median of 15.0. Based on the latest twelve months, the trailing P/E is 35.4 and the forward P/E is 11.3. Kroger earned a return on equity of 14.3% and a return on invested capital of 6.0% in fiscal 2026. It ended the year with $24.7 billion of debt and $4.6 billion in cash and short-term investments, net debt of $20.1 billion. It returned $3.6 billion to shareholders: $885.0 million in dividends and $2.7 billion in share buybacks, 107% of free cash flow. The share count fell 31.6% from 958.0M to 655.0M over 9 years.
See the KR income statement, the KR chart for price history, or the KR stock overview for the latest quote and news.
KR key metrics FAQ
What is Kroger's P/E ratio?
Kroger's trailing P/E ratio is 35.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 11.3. At the end of fiscal 2026 it was 40.5, compared with a 10-year median of 15.0.
What is Kroger's EV/EBITDA?
Kroger's enterprise value was 10.6 times EBITDA at the end of fiscal 2026 (enterprise value $61.3 billion, EBITDA $5.8 billion); the current EV/EBITDA is 9.6.
What is Kroger's return on equity?
Kroger's return on equity (ROE) was 14.3% in fiscal 2026: net income of $1.0 billion on average shareholders' equity of $7.1 billion.
What is Kroger's ROIC?
Kroger's return on invested capital was 6.0% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Kroger have?
Kroger had total debt of $24.7 billion at the end of fiscal 2026, a debt-to-equity ratio of 4.16 and $20.1 billion of net debt (3.49 times EBITDA).
What is Kroger's dividend yield?
Kroger's forward dividend yield is 2.45%. Kroger paid $885.0 million in dividends in fiscal 2026 ($1.35 per share), a payout ratio of 87.1%.
Does Kroger buy back its shares?
Yes. Kroger spent $2.7 billion on net share repurchases in fiscal 2026 Shares outstanding changed −9.0% over the year, to 655.0M..
What is Kroger's free cash flow yield?
Kroger generated $3.4 billion of free cash flow in fiscal 2026, a free cash flow yield of 8.1% on its market value at year-end ($41.2 billion).
What is Kroger's current ratio?
Kroger's current ratio was 0.80 at the end of fiscal 2026: current assets were 0.80 times current liabilities.