Kroger (KR) FY2021 results: revenue $137.9 billion, up 4.1% on the year
Kroger Co. (KR) reported revenue of $137.9 billion for fiscal 2021, the year ended 29 January 2022, up 4.1% on the year before. Net income was $1.7 billion, down 36.0%, and diluted earnings per share $2.17. The figures are the company's own, from the 10-K it filed with the SEC on 29 March 2022.
Revenue
$137.9 billion
+4.1% on the year
FY2014FY2021
Operating margin
2.5%
2.1% a year earlier
FY2014FY2021
Net income
$1.7 billion
-36.0% on the year
FY2014FY2021
Diluted EPS
$2.17
-33.6% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
6,190
6,815
4,664
-9.2%
Capital expenditure
2,614
2,865
3,128
-8.8%
Free cash flow
3,576
3,950
1,536
-9.5%
Free cash flow margin
2.6%
3.0%
1.3%
Cash from investing
-2,611
-2,814
-2,611
Cash from financing
-3,445
-2,713
-2,083
Depreciation and amortisation
2,824
2,747
2,649
+2.8%
Share-based compensation
203
185
155
+9.7%
Buybacks
1,647
1,324
465
+24.4%
Dividends paid
589
534
486
+10.3%
Dividend per share
$0.81
$0.70
$0.62
+15.7%
Diluted shares, weighted
754m
781m
805m
-3.5%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
9,452
9,576
8,602
-1.3%
Non-controlling interest
-23.0
-26.0
-29.0
Debt
11,745
12,410
13,256
-5.4%
Operating lease liabilities
6,426
6,507
6,505
-1.2%
Finance lease liabilities
1,515
936
781
+61.9%
Other liabilities
19,971
19,259
16,141
+3.7%
Total liabilities and equity
49,086
48,662
45,256
+0.9%
Fixed assets
n/a
n/a
21,871
Goodwill
3,076
3,076
3,076
0.0%
Intangible assets
942
997
1,066
-5.5%
Cash and equivalents
1,821
1,687
399
+7.9%
Receivables
1,828
1,781
1,706
+2.6%
Other assets
41,419
41,121
17,138
+0.7%
Total assets
49,086
48,662
45,256
+0.9%
10-K for the year ended 29 January 2022, filed 29 March 2022: the filing.