Kroger (KR) FY2024 results: revenue $147.1 billion, down 1.9% on the year
Kroger Co. (KR) reported revenue of $147.1 billion for fiscal 2024, the year ended 1 February 2025, down 1.9% on the year before. Net income was $2.7 billion, up 23.2%, and diluted earnings per share $3.67. The figures are the company's own, from the 10-K it filed with the SEC on 1 April 2025.
Revenue
$147.1 billion
-1.9% on the year
FY2017FY2024
Operating margin
2.6%
2.1% a year earlier
FY2017FY2024
Net income
$2.7 billion
+23.2% on the year
FY2017FY2024
Diluted EPS
$3.67
+24.0% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
5,794
6,788
4,498
-14.6%
Capital expenditure
4,017
3,904
3,078
+2.9%
Free cash flow
1,777
2,884
1,420
-38.4%
Free cash flow margin
1.2%
1.9%
1.0%
Cash from investing
-3,228
-3,750
-3,015
Cash from financing
-490
-2,170
-2,289
Depreciation and amortisation
3,246
3,125
2,965
+3.9%
Share-based compensation
175
172
190
+1.7%
Buybacks
4,156
62.0
993
+6,603.2%
Dividends paid
883
796
682
+10.9%
Dividend per share
$1.25
$1.13
$0.99
+10.6%
Diluted shares, weighted
720m
725m
727m
-0.7%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
8,285
11,615
10,042
-28.7%
Non-controlling interest
-4.0
-14.0
-28.0
Debt
15,909
10,187
11,292
+56.2%
Operating lease liabilities
6,578
6,351
6,372
+3.6%
Finance lease liabilities
1,828
1,866
1,929
-2.0%
Other liabilities
20,020
20,500
20,016
-2.3%
Total liabilities and equity
52,616
50,505
49,623
+4.2%
Goodwill
2,674
2,916
2,916
-8.3%
Intangible assets
834
899
899
-7.2%
Cash and equivalents
3,959
1,883
1,015
+110.2%
Receivables
2,195
2,136
2,234
+2.8%
Other assets
42,954
42,671
42,559
+0.7%
Total assets
52,616
50,505
49,623
+4.2%
10-K for the year ended 1 February 2025, filed 1 April 2025: the filing.