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Kroger Co (KR)

Fair Value
Consumer DefensiveGrocery StoresUnited States

Fundamental

39

Price

$66.77

Market Cap

$37.87B

Part 1 · What the company is worth

Overview

The Kroger Co. operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and its multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys. The company's marketplace stores offer full-service grocery, pharmacy, health and beauty care, and perishable goods, as well as general merchandise, including apparel, home goods, and toys; and its price impact warehouse stores provide grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. It also manufactures and processes food products for sale in its supermarkets and online; and sells fuel through its fuel centers. The company sells its products through its stores, fuel centers, and online platforms. The Kroger Co. was founded in 1883 and is based in Cincinnati, Ohio.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated with artificial intelligence on September 19, 2026, shared with all users

P/E: 33.4Score: 49Market cap: $6.29B

The closest like-for-like rival: a national chain of full-service supermarkets (Safeway, Vons, Jewel-Osco) selling the same weekly grocery basket, with private-label and loyalty programs, to the same US households Kroger serves.

P/E: 43.4Score: 61Market cap: $942.61B

The largest seller of groceries in the United States, competing store by store with Kroger on food prices, on pickup and delivery, and for the same weekly shopping trip.

P/E: 48.3Score: 68Market cap: $438.30B

A club-store chain that now takes a share of US grocery spending close to Kroger's own, drawing the same families with bulk food, fresh departments and fuel stations.

Publix Super Markets, Inc.Not tracked

An employee-owned supermarket chain that competes head-on with Kroger for the conventional grocery shopper in the Southeast, the region where Kroger's own banners are strongest.

Koninklijke Ahold Delhaize N.V.AD

Through its US banners (Food Lion, Stop & Shop, Giant, Hannaford) it runs the same conventional supermarket format for the same East Coast and Southeastern shoppers.

Aldi Einkauf SE & Co. oHG (Aldi Süd / Aldi Nord)Not tracked

A privately held discounter expanding fast across the US, taking price-sensitive food shoppers from Kroger with a small private-label assortment sold below supermarket prices.

Balance Sheet & Liquidity

Revenue

$147.64B

Fiscal year ended 1/31/2026

Net Income

$1.02B

Fiscal year ended 1/31/2026

Free Cash Flow

$3.46B

Total Equity

$5.93B

Total Liabilities

$44.02B

Current Ratio

0.70

Interest Coverage

-

Debt/EBITDA

4.31

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

General caseFairly Valued

Fair Value

$62.05

Current Price

$66.77

Margin of Safety

-7.6%

Fair Value Range

$40.33 - $83.77

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$68.91
Discounted cash flow (DCF):$121.06
Earnings multiple (P/E):$19.54
Graham growth formula:$13.46
Earnings power value (EPV):$33.71
Justified P/B:$3.86
Dividend discount (Gordon):$18.46
P/FFO, funds from operations:$117.79
Mid-cycle earnings:$118.99
Revenue multiple:$330.48
Last Earnings Surprise:-0.12%

Valuation Metrics

P/E Ratio

41.64

ROE

17.1%

P/B Ratio

6.75

P/FCF

16.54

Gross Margin

-

ROIC

4.7%

Profitability Radar

Value Creation (Economic Moat)

ROIC

4.7%

WACC

5.0%

ROIC − WACC

-0.3 pp

ROIC is roughly in line with the cost of capital — the company is barely covering its capital cost.

Fundamental Analysis Criteria

Passed (8)

  • Price CAGR 6.22%
  • P/FCF 16.54
  • Positive free cash flow
  • Debt/EBITDA
  • Low reliance on intangibles
  • Earnings quality (operating cash flow / net income) 6.18
  • Share dilution -9.1%
  • Piotroski F-Score 5/9

Failed (14)

  • EPS shows upward trend
  • EPS CAGR -0.64%
  • ROIC 4.7%
  • P/B ratio 6.75
  • Debt/equity ratio
  • Operating margin 1.3%
  • CapEx intensity
  • Current ratio
  • Return on tangible assets
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • ROE 3.5%
  • Revenue growth 5Y 2.2%
  • Earnings surprise, average -1.9%

Unavailable (5)

  • Gross margin –
  • Dividend payout –
  • Interest coverage
  • PEG ratio (needs P/E > 0 and growth > 0)
  • Net margin trend (invalid data)

Piotroski F-Score

5/9

Mixed signals: some areas need attention

ROA > 0
Operating cash flow > 0
ΔROA > 0
Cash flow > net income
Leverage ↓
Current ratio ↑
No dilution
Gross margin ↑
Asset turnover ↑

Earnings Quality

6.18

High quality: earnings backed by cash

Share Dilution

-9.1%

Buying back shares. Shareholder friendly

Institutional Holdings

Governance

Executive Team

NameTitleAge
Mr. David John Christopher KennerleyExecutive VP & CFO51
Ms. Mary Ellen AdcockExecutive VP and Chief Merchant & Marketing Officer49
Mr. Yael CossetExecutive VP & Chief Digital Officer51
Mr. Gregory S. ForanCEO & Director64
Mr. Robinson C. Quast CPAVice President of Investor Relations-
Mr. George H. Vincent Esq., J.D.EVP, Secretary & General Counsel-
Ms. Emilee F. DemartinoExecutive VP & Chief People Officer-
Mr. Keith G. DaileyGroup VP of Corporate Affairs,44
Mr. Michael MarxSenior Vice President of Retail Divisions-
Mr. Matthew PerinHead of Government Relations & Regulatory Affairs-

Audit Risk

4

Board Risk

7

Compensation Risk

7

Shareholder Rights Risk

7

Documents

  • Annual Report (10-K)

    A yearly overview of the business, its financial results, and the risks it faces.

    Filed on 2026-03-31

    View document
  • Quarterly Report (10-Q)

    A snapshot of financial performance for the most recent three-month period.

    Filed on 2026-09-18

    View document
  • Current Report (8-K)

    An announcement of a major event, such as a leadership change or big news.

    Filed on 2026-10-20

    View document

via SEC EDGAR

Income History

via SEC EDGAR

Part 2 · The price and its context

This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Market Reaction Profile

How much KR moves, measured on its daily prices.

VolatilityMedium

More volatile than 43% of the tracked stocks (90-day volatility).

Volatility 30d
34.4%
Volatility 90d
33.6%
Beta vs S&P 500 (1y)
-0.70Correlation -0.30
Max drawdown (12m)
-26.5%
ATR (14d, % of price)
2.80%

Earnings reactions

How KR moved around its past quarterly results.

Next earnings release

Dec 3, 2026 · In 40 days · Before the open

EPS estimate: 1.16Revenue estimate: $34.6B

What usually happens

  • Over the last 12 releases the stock moved a median of 3.9% the next day, up or down.
  • Next-day moves: up 9, down 3 (out of 12).

Release history

DateWhen EPS est.EPS actualSurprise Gap 1 day5 days
Sep 11, 2026During the session1.641.58-3.6% -1.6% +2.7% +6.7%
Jun 18, 2026During the sessionn/an/an/a-3.9% -8.4% -6.6%
Mar 5, 2026During the session1.061.05-1.3% -1.1% +5.3% +6.2%
Dec 4, 2025During the sessionn/an/an/a-4.0% -4.6% -7.5%
Sep 11, 2025During the sessionn/an/an/a+2.9% +0.3% -0.1%
Jun 20, 2025During the sessionn/an/an/a+4.1% +9.8% +8.8%
Mar 6, 2025During the sessionn/an/an/a+0.1% +2.0% +3.9%
Dec 5, 2024During the sessionn/an/an/a-2.0% +1.3% +2.4%
Sep 12, 2024During the sessionn/an/an/a+1.7% +7.2% +6.1%
Jun 20, 2024During the sessionn/an/an/a+2.1% -3.3% -5.0%
Mar 7, 2024During the sessionn/an/an/a+3.5% +9.9% +11.1%
Nov 30, 2023During the sessionn/an/an/a-0.2% +1.4% +2.1%

Release dates from SEC 8-K filings.

Updated 10/24/2026

Historical statistics for educational purposes only. They are not forecasts and not investment advice.

Price reaction to the news

Latest news on KR and what the price did next.

Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.

Latest News

Recent headlines for KR.

  • 2d agoPOSITIVE
    Kroger CFO: We Are an Agent for the Consumer

    Kroger's CFO, David Kennerley, outlined a significant $5 billion investment strategy focused on enhancing consumer value through more affordable groceries and streamlined promotions. This initiative is to be financed by $4 billion in projected structural cost savings. Kennerley noted a modest rise in inflation, within earlier forecasts, and indicated the company will scrutinize supplier price hikes. For investors, this strategy suggests a proactive approach to customer retention and market share defense, potentially leading to increased sales volume and improved brand loyalty despite inflationary pressures.

  • 4d agoNEGATIVE
    Kroger’s Ex-CEO Defends Effort to Close Failed Albertsons Deal

    Kroger's former CEO defended the company's efforts to close the $24.6 billion merger with Albertsons, which was ultimately blocked due to antitrust concerns. Albertsons is now seeking damages. This ongoing legal battle and the failed acquisition highlight significant regulatory hurdles and potential financial liabilities for Kroger. Investors will be monitoring the court proceedings closely, as any adverse rulings could impact Kroger's financial stability and future strategic growth plans, potentially leading to write-downs or settlement costs.

  • 4d agoNEUTRAL
    Kroger and Albertsons: the food fight every dealmaker should be watching

    Kroger is reportedly preparing its defense for the proposed acquisition of Albertsons, emphasizing its efforts to satisfy regulatory concerns. The company's strategy will likely focus on demonstrating its commitment to divestitures and maintaining competitive pricing post-merger. Investors are closely monitoring the regulatory review process, as the deal's outcome hinges on antitrust approval. The ongoing legal and regulatory scrutiny introduces uncertainty, making the immediate market impact neutral until a definitive ruling is made.

  • 10d agoNEGATIVE
    ‘The way work gets done is changing across every industry’: Kroger cites AI efficiency push as it cuts 3,000 corporate jobs

    Kroger announced a significant workforce reduction, cutting 3,000 corporate jobs as part of an efficiency drive fueled by AI adoption. The company states these measures are intended to fund lower consumer prices, a move that could bolster its competitive position in the grocery sector. However, an analyst expressed caution, noting that the ultimate financial benefit hinges on the strategic allocation of the generated savings. Investors will be watching to see if the cost-cutting translates into improved margins or market share gains, or if it signals underlying operational pressures.

  • 9/11/2026NEGATIVE
    Kroger Cuts Sales Forecast, Oracle Gains | Stock Movers

    Kroger has lowered its annual sales forecast, citing intense competition for consumer grocery spending. This downward revision signals potential market share challenges and weaker-than-anticipated revenue generation for the supermarket giant. Investors should monitor Kroger's ability to adapt its pricing and promotional strategies to counter competitive pressures and regain sales momentum in the coming quarters.

  • 6/19/2026NEGATIVE
    Kroger's new CEO reveals the chain's biggest problems

    Kroger's new CEO has identified significant pricing disadvantages compared to rivals like Walmart, Target, and Costco. These competitors leverage broader product assortments beyond groceries to offer lower markups on household basics, directly impacting consumer price sensitivity. This competitive pressure suggests Kroger may face ongoing challenges in maintaining market share and margins if it cannot effectively address its pricing structure. Investors should monitor Kroger's strategic responses to this fundamental competitive hurdle.

  • 6/18/2026NEGATIVE
    Kroger Falls on Downbeat Forecast; Intel Surges on Apple Deal | Stock Movers

    Kroger shares experienced their largest intraday decline since October 2022 following a subdued earnings forecast. The company's CFO indicated that adjusted Earnings Per Share (EPS) for the second quarter is anticipated to remain flat compared to the previous year. This lack of expected growth signals potential headwinds or increased competition, prompting investors to re-evaluate their positions and contributing to the significant sell-off observed in the stock.

  • 6/15/2026NEUTRAL
    Kroger Likely To Report Higher Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

    Kroger is slated to report its first-quarter earnings on June 18, with analysts projecting earnings per share of $1.59 and revenue of $45.49 billion. While the consensus estimates provide a benchmark, the stock's performance on Friday, a slight 0.6% dip to $51.26, suggests market anticipation is mixed. Recent analyst ratings from March 2022 show a range of opinions, from 'Hold' to 'Outperform,' indicating no strong consensus direction ahead of the earnings call. Investors will be closely watching for any surprises relative to these expectations.

  • 6/12/2026POSITIVE
    How To Earn $500 A Month From Kroger Stock Ahead Of Q1 Earnings

    Kroger's stock offers an annual dividend yield of 2.18%, translating to $1.40 per share annually. To achieve a monthly income of $500, an investor would need to accumulate $6,000 annually from dividends. This implies a significant investment in Kroger stock, as the current yield suggests a substantial capital outlay is required to generate such income. The article highlights the potential for dividend income from Kroger ahead of its Q1 earnings report, which could influence investor sentiment and stock price.

  • 3/31/2026POSITIVE
    If You Invested $1000 In Kroger Stock 15 Years Ago, You Would Have This Much Today

    An investment of $1,000 in Kroger Co. stock 15 years ago would have grown to approximately $4,500 today, representing a significant return on investment. This performance, which outpaces many market benchmarks over the same period, highlights the company's consistent operational execution and ability to navigate the competitive grocery landscape. The growth trajectory suggests strong shareholder value creation through a combination of stock appreciation and reinvested dividends, making Kroger an attractive option for long-term income and growth-focused investors.