The Kroger Co. Ratios | P/E, ROE & Valuation

On the Key Ratios page for The Kroger Co. (KR), the latest P/E of 34.4 frames valuation, while ROE 17.17% and ROIC 5.04% indicates profitability and capital efficiency. Together with the current ratio of 0.70 and debt-to-equity 4.14, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

KR Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$246.41$205.77$208.97$206.49$185.33$171.41$153.05$149.58$137.05$122.44
Net Income per Share$1.79$3.73$3.01$3.13$2.22$3.34$2.08$3.84$2.13$2.10
Operating Cash Flow per Share$10.88$8.10$9.45$6.00$8.32$8.82$5.84$5.14$3.81$4.54
Free Cash Flow per Share$3.75$2.49$4.02$1.72$4.81$5.11$1.92$1.48$0.67$0.61
Cash per Share$2.77$7.37$4.31$2.98$3.90$3.60$1.97$1.99$1.68$1.31
Book Value per Share$9.65$11.58$16.16$13.95$12.67$12.35$10.73$9.67$7.72$7.12
Tangible Book Value per Share$3.92$6.68$10.84$8.63$7.27$7.09$5.55$4.31$3.22$2.68
Interest Debt per Share$40.95$35.72$27.43$29.19$28.25$27.34$27.26$19.56$18.09$15.50
CAPEX per Share$7.14$5.62$5.44$4.29$3.51$3.71$3.91$3.66$3.14$3.93

KR Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)34.3916.5415.3114.2819.610.0812.947.3814.2516.2
Price to Book (P/B)6.65.322.853.193.432.722.492.913.924.78
Price to Sales (P/S)0.250.30.220.220.240.20.180.190.220.28
Enterprise Value to EBITDA11.18.527.187.328.426.177.25.359.397.92
EV to Sales0.410.440.340.350.370.340.350.310.350.4
EV to Operating Cash Flow9.3311.257.4411.938.256.69.069.0712.4310.71
EV to Free Cash Flow27.0836.6917.5141.7214.2811.3827.531.5370.2279.83
Enterprise Value$61.54B$65.20B$50.49B$51.44B$51.05B$44.95B$42.24B$37.75B$42.41B$45.75B

KR Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)17.17%32.17%18.63%22.35%17.51%26.99%19.29%39.44%27.51%29.49%
Return on Invested Capital (ROIC)5.04%9.87%10.73%10.22%8.95%6.69%6.09%7.75%14.27%8.91%
Return on Tangible Assets2.36%5.43%4.63%4.91%3.67%5.80%4.04%9.21%5.74%6.11%
Earnings Yield2.81%6.05%6.53%7.00%5.10%9.92%7.73%13.55%7.02%6.17%
Free Cash Flow Yield6.05%4.03%8.71%3.85%11.03%15.16%7.16%5.22%2.22%1.79%
Dividend Yield2.26%2.00%2.40%2.13%1.82%2.05%2.26%1.90%1.63%1.34%

KR Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio0.70.960.810.740.750.810.760.760.780.8
Interest Coverage3.1610.111.048.336.445.554.464.394.986.61
Income Quality6.082.173.161.923.722.633.081.351.812.18
Debt to Equity4.143.031.662.032.162.152.461.932.252.1
Debt to Assets48.81%47.67%38.11%41.21%41.64%42.33%46.89%39.95%41.87%38.56%
Net Debt to EBITDA4.322.762.472.763.072.593.542.13.372.38

KR Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover68.2867.0370.2466.3675.4374.471.6876.2574.9369.94
Payables Turnover10.6611.5511.5411.7315.5115.6215.4316.0716.7515.79
Inventory Turnover15.7716.6216.8615.816.2714.7713.8314.2215.0214
Days Sales Outstanding5.355.455.25.54.844.915.094.794.875.22
Days Payables Outstanding34.2531.5931.6331.123.5423.3623.6622.7221.823.12
Days of Inventory on Hand23.1521.9621.6523.122.4324.7126.425.6724.3126.07

KR Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA11.18.527.187.328.426.177.25.359.397.92
Market Cap$37.58B$44.07B$33.13B$32.04B$32.43B$26.05B$21.46B$22.95B$27.17B$31.99B
Enterprise Value$61.54B$65.20B$50.49B$51.44B$51.05B$44.95B$42.24B$37.75B$42.41B$45.75B
Dividend Yield2.26%2.00%2.40%2.13%1.82%2.05%2.26%1.90%1.63%1.34%
Payout Ratio82.40%33.13%36.78%30.39%35.59%20.66%29.29%14.05%23.23%21.72%

Frequently Asked Questions

How does The Kroger Co.’s P/E ratio compare with its history?

On this page, KR's current P/E is 34.4, compared with a multi-year average around 16.1. A higher P/E versus its own history is a calculated premium versus that average—not a conclusion that the stock is expensive. Cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so the multiple is read with those published figures.

What is The Kroger Co. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $37.58B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does The Kroger Co.’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with The Kroger Co.'s own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does The Kroger Co. compare to its competitors in key financial ratios?

The fastest way to compare The Kroger Co. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see The Kroger Co. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do The Kroger Co.'s liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that The Kroger Co. is financially strong. Current ratio is about 0.70, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 3.16, implying a stronger ability to cover interest expenses. Debt-to-equity is about 4.14, suggesting higher leverage than a low-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do The Kroger Co.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If The Kroger Co. is sustaining strong returns (for example ROE at 17.17% and ROIC at 5.04%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.