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Kroger Co (KR) Fundamental Analysis & AI Grade 2026

KR NYSE Retail-Grocery Stores OH CIK: 0000056873
Recently Updated • Analysis: Jul 28, 2026 • SEC Data: 2026-05-23
Combined AI Grade
B
76% Confidence
STRONG AGREEMENT
B
68% Conf
B
84% Conf

📊 KR Key Takeaways

Revenue: $46.1B
Net Margin: 2.0%
Free Cash Flow: $481.0M
Current Ratio: 0.79x
Debt/Equity: 2.38x
EPS: $1.46
AI Grade: B with 68% confidence
Kroger Co (KR) receives a B fundamental grade with 76% confidence from our AI analysis based on SEC 10-K filings. With revenue of $46.1B, net profit margin of 2.0%, and return on equity (ROE) of 14.0%, Kroger Co demonstrates mixed fundamentals in the Consumer sector. Below is our complete KR stock analysis for 2026.

Is Kroger Co (KR) a Good Investment?

Claude

Kroger faces deteriorating fundamentals with nearly flat revenue growth (+0.4% YoY) and declining net income (-1.5% YoY), while carrying excessive leverage (2.38x debt/equity) and concerning liquidity ratios (0.79x current ratio). Although the company generates positive operating cash flow ($1.8B) with adequate interest coverage (6.8x), the combination of stagnant growth, declining profitability, and high financial risk creates an asymmetric risk profile.

ChatGPT

Kroger remains profitable and generates positive free cash flow, but nearly flat revenue, declining net income, and sharply lower diluted EPS indicate weakening earnings quality. Adequate interest coverage and resilient operating cash flow are offset by thin margins, high leverage, weak liquidity, and limited free-cash-flow headroom.

Kroger Co Key Strengths (KR)

Claude
  • + Large stable revenue base of $46.1B provides consistent cash generation in defensive grocery sector
  • + Operating cash flow of $1.8B demonstrates sustainable underlying business economics
  • + Interest coverage of 6.8x indicates sufficient debt service capacity despite high leverage
ChatGPT
  • + Positive operating income and net income despite the low-margin grocery environment
  • + Operating cash flow of $1.77B supports capital investment and debt service
  • + Interest coverage of 6.8x provides a reasonable near-term debt-service cushion

KR Stock Risks: Kroger Co Investment Risks

Claude
  • ! Critically low liquidity metrics (current ratio 0.79x, quick ratio 0.50x) indicate potential working capital stress and limited financial flexibility
  • ! Excessive leverage (2.38x debt/equity, $15.4B long-term debt) with declining profitability reduces deleveraging capability
  • ! Revenue stagnation (+0.4% YoY) and declining net profitability (-1.5% YoY) signal eroding competitive position in mature grocery market
ChatGPT
  • ! High leverage, with $15.38B of long-term debt and debt-to-equity of 2.38x
  • ! Current and quick ratios below 1.0x indicate limited balance-sheet liquidity
  • ! Free cash flow margin of only 1.0% leaves little protection against cost pressure or operational disruption

Key Metrics to Watch

Claude
  • * Free cash flow sustainability (currently 1.0% margin) and debt paydown trajectory
  • * Operating margin stability and competitive pricing pressure in grocery retail
  • * Current and quick ratio improvement or deterioration indicating liquidity condition changes
ChatGPT
  • * Free cash flow margin and operating cash flow conversion
  • * Net debt reduction and interest coverage

Kroger Co (KR) Financial Metrics & Key Ratios

Revenue
$46.1B
Net Income
$903.0M
EPS (Diluted)
$1.46
Free Cash Flow
$481.0M
Total Assets
$50.3B
Cash Position
$2.9B

💡 AI Analyst Insight

The relatively thin 1.0% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.

KR Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 3.1%
Net Margin 2.0%
ROE 14.0%
ROA 1.8%
FCF Margin 1.0%

KR vs Consumer Sector: How Kroger Co Compares

How Kroger Co compares to Consumer sector averages

Net Margin
KR 2.0%
vs
Sector Avg 8.0%
KR Sector
ROE
KR 14.0%
vs
Sector Avg 18.0%
KR Sector
Current Ratio
KR 0.8x
vs
Sector Avg 1.5x
KR Sector
Debt/Equity
KR 2.4x
vs
Sector Avg 0.8x
KR Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Kroger Co Stock Overvalued? KR Valuation Analysis 2026

Based on fundamental analysis, Kroger Co shows some fundamental concerns relative to the Consumer sector in 2026.

Return on Equity
14.0%
Sector avg: 18%
Net Profit Margin
2.0%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
2.38x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Kroger Co Balance Sheet: KR Debt, Cash & Liquidity

Current Ratio
0.79x
Quick Ratio
0.50x
Debt/Equity
2.38x
Debt/Assets
87.1%
Interest Coverage
6.80x
Long-term Debt
$15.4B

KR Revenue & Earnings Growth: 5-Year Financial Trend

KR 5-year financial data: Year 2020: Revenue $132.5B, Net Income $3.1B, EPS $3.76. Year 2021: Revenue $137.9B, Net Income $1.7B, EPS $2.04. Year 2022: Revenue $148.3B, Net Income $2.6B, EPS $3.27. Year 2024: Revenue $150.0B, Net Income $1.7B, EPS $2.17. Year 2025: Revenue $150.0B, Net Income $2.2B, EPS $3.06.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Kroger Co's revenue has grown significantly by 13% over the 5-year period, indicating strong business expansion. The most recent EPS of $3.06 reflects profitable operations.

KR Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
1.0%
Free cash flow / Revenue

KR Quarterly Earnings & Performance

Quarterly financial performance data for Kroger Co including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $45.1B $866.0M $1.29
Q3 2025 $33.6B $155.0M $0.23
Q2 2025 $33.9B $466.0M $0.64
Q1 2025 $45.1B $866.0M $1.29
Q3 2024 $33.6B $618.0M $0.84
Q2 2024 $33.9B -$180.0M $-0.25
Q1 2024 $45.2B $947.0M $1.29
Q3 2023 $34.0B $398.0M $0.55

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Kroger Co Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$1.8B
Cash generated from operations
Stock Buybacks
$213.0M
Shares repurchased (TTM)
Capital Expenditures
$1.3B
Investment in assets
Dividends Paid
$215.0M
Returned to shareholders

KR SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Kroger Co (CIK: 0000056873)

📋 Recent SEC Filings

Date Form Document Action
Jul 16, 2026 4 xslF345X06/ownership.xml View →
Jul 16, 2026 4 xslF345X06/ownership.xml View →
Jul 16, 2026 4 xslF345X06/ownership.xml View →
Jul 16, 2026 4 xslF345X06/ownership.xml View →
Jul 16, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about KR

What is the AI rating for KR?

Kroger Co (KR) has a Combined AI Grade of B from Claude (B) and ChatGPT (B) with 76% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are KR's key strengths?

Claude: Large stable revenue base of $46.1B provides consistent cash generation in defensive grocery sector. Operating cash flow of $1.8B demonstrates sustainable underlying business economics. ChatGPT: Positive operating income and net income despite the low-margin grocery environment. Operating cash flow of $1.77B supports capital investment and debt service.

What are the risks of investing in KR?

Claude: Critically low liquidity metrics (current ratio 0.79x, quick ratio 0.50x) indicate potential working capital stress and limited financial flexibility. Excessive leverage (2.38x debt/equity, $15.4B long-term debt) with declining profitability reduces deleveraging capability. ChatGPT: High leverage, with $15.38B of long-term debt and debt-to-equity of 2.38x. Current and quick ratios below 1.0x indicate limited balance-sheet liquidity.

What is KR's revenue and growth?

Kroger Co reported revenue of $46.1B.

Does KR pay dividends?

Kroger Co pays dividends, with $215.0M distributed to shareholders in the trailing twelve months.

Where can I find KR SEC filings?

Official SEC filings for Kroger Co (CIK: 0000056873) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is KR's EPS?

Kroger Co has a diluted EPS of $1.46.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is KR's fundamental grade?

Based on our AI fundamental analysis in July 2026, Kroger Co has a B grade with 76% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is KR stock overvalued or undervalued?

Valuation metrics for KR: ROE of 14.0% (sector avg: 18%), net margin of 2.0% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.

What is KR's AI grade for 2026?

Our dual AI analysis gives Kroger Co a combined B grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is KR's free cash flow?

Kroger Co's operating cash flow is $1.8B, with capital expenditures of $1.3B. FCF margin is 1.0%.

How does KR compare to other Consumer stocks?

Vs Consumer sector averages: Net margin 2.0% (avg: 8%), ROE 14.0% (avg: 18%), current ratio 0.79 (avg: 1.5).

Is Kroger Co carrying too much debt?

KR has a debt-to-equity ratio of 2.38x, which is above the Consumer sector average of 0.8x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Jul 28, 2026 | Data as of: 2026-05-23 | Powered by Claude AI