Kroger Co
Kroger Co returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2027 Q2 | Aug 15, 2026 | 8.49% | 6.13% | — | 14.15% | 2.11% | 0.8 pp |
| FY 2027 Q1 | May 23, 2026 | 8.4% | 5.73% | — | 13.49% | 2.03% | 0.7 pp |
| FY 2026 Q4 | Jan 31, 2026 | 8.33% | 5.52% | — | 14.2% | 1.98% | 0.6 pp |
| FY 2026 Q3 | Nov 8, 2025 | 7.72% | 3.92% | — | 7.75% | 1.39% | 0 pp |
| FY 2026 Q2 | Aug 16, 2025 | 15.59% | 10.87% | -36.38% | 24.83% | 5.19% | 7.9 pp |
| FY 2026 Q1 | May 24, 2025 | 15.44% | 10.8% | 226.28% | 24.06% | 4.93% | 7.7 pp |
| FY 2025 Q4 | Feb 1, 2025 | 15.33% | 10.82% | 217.64% | 26.58% | 5.17% | 7.6 pp |
| FY 2025 Q3 | Nov 9, 2024 | 16.08% | 10.28% | — | 22.78% | 4.88% | 8.4 pp |
| FY 2025 Q2 | Aug 17, 2024 | 17.01% | 12.22% | 128.64% | 23.97% | 5.51% | 9.3 pp |
| FY 2025 Q1 | May 25, 2024 | 11.57% | 8.56% | -389.67% | 18.28% | 4.23% | 3.9 pp |
| FY 2024 Q4 | Feb 3, 2024 | 11.78% | 9.27% | — | 19.82% | 4.32% | 4.1 pp |
| FY 2024 Q3 | Nov 4, 2023 | 10.04% | 8.21% | — | 17.61% | 3.72% | 2.3 pp |
| FY 2024 Q2 | Aug 12, 2023 | 10.19% | 8.07% | — | 15.94% | 3.3% | 2.5 pp |
| FY 2024 Q1 | May 20, 2023 | 15.88% | 12.41% | — | 24.81% | 5.12% | 8.2 pp |
| FY 2023 Q4 | Jan 28, 2023 | 16.13% | 12.67% | 39.79% | 22.82% | 4.55% | 8.4 pp |
| FY 2023 Q3 | Nov 5, 2022 | 16.96% | 13.07% | 159.3% | 23.99% | 4.73% | 9.3 pp |
| FY 2023 Q2 | Aug 13, 2022 | 17.54% | 13.2% | 1,528.91% | 25.55% | 5.03% | 9.8 pp |
| FY 2023 Q1 | May 21, 2022 | 17.3% | 12.57% | 1,676.25% | 23.12% | 4.46% | 9.6 pp |
| FY 2022 Q4 | Jan 29, 2022 | 14.25% | 10.53% | — | 17.23% | 3.39% | 6.6 pp |
| FY 2022 Q3 | Nov 6, 2021 | 9.82% | 7.14% | — | 10.23% | 2.06% | 2.1 pp |
| FY 2022 Q2 | Aug 14, 2021 | 9.03% | 6.92% | -281.01% | 12.03% | 2.42% | 1.3 pp |
| FY 2022 Q1 | May 22, 2021 | 8.99% | 6.86% | -66.02% | 16.08% | 3.16% | 1.3 pp |
| FY 2021 Q4 | Jan 30, 2021 | 10.24% | 8.65% | — | 28.12% | 5.5% | 2.5 pp |
| FY 2021 Q3 | Nov 7, 2020 | 12.95% | 10.82% | — | 31.16% | 6.37% | 5.3 pp |
| FY 2021 Q2 | Aug 15, 2020 | 11.18% | 9.17% | — | 27.99% | 5.7% | 3.5 pp |
| FY 2021 Q1 | May 23, 2020 | 10.18% | 8.49% | — | 23.17% | 4.6% | 2.5 pp |
| FY 2020 Q4 | Feb 1, 2020 | 7.8% | 8.21% | — | 19.89% | 3.98% | 0.1 pp |
| FY 2020 Q3 | Nov 9, 2019 | 7.4% | 7.71% | — | 19.04% | 3.81% | -0.3 pp |
| FY 2020 Q2 | Aug 17, 2019 | 9.15% | 9.13% | — | 20.27% | 4.04% | 1.4 pp |
| FY 2020 Q1 | May 25, 2019 | — | — | — | — | — | — |
| FY 2019 Q4 | Feb 2, 2019 | 9.03% | 11.16% | — | 41.52% | 8.26% | 1.3 pp |
| FY 2019 Q3 | Nov 10, 2018 | — | 9.56% | — | 52.8% | 9.86% | — |
| FY 2019 Q2 | Aug 18, 2018 | 11.55% | 9.72% | 21.22% | — | 10.29% | 3.9 pp |
| FY 2018 Q4 | Feb 3, 2018 | — | 8.94% | — | 27.73% | 5.17% | — |
| FY 2018 Q3 | Nov 4, 2017 | 9.42% | 12.46% | -71.86% | — | 4.24% | 1.7 pp |
| FY 2018 Q2 | Aug 12, 2017 | 10.02% | 12.45% | -72.53% | 24.37% | 4.36% | 2.3 pp |
| FY 2017 Q4 | Jan 28, 2017 | 11.81% | 15.42% | -3.25% | 29.22% | 5.61% | 4.1 pp |
| FY 2017 Q3 | Nov 5, 2016 | 12.66% | 16.96% | 1.41% | 31.48% | 5.93% | 5 pp |
| FY 2017 Q2 | Aug 13, 2016 | 13.46% | 17.58% | — | 33.11% | 6.31% | 5.8 pp |
| FY 2016 Q4 | Jan 30, 2016 | 13.37% | 17.84% | 16.92% | 33.34% | 6.33% | 5.7 pp |
| FY 2016 Q3 | Nov 7, 2015 | 13.72% | 18.99% | 57.01% | 34.48% | 6.43% | 6 pp |
| FY 2016 Q2 | Aug 15, 2015 | — | — | — | — | — | — |
| FY 2015 Q4 | Jan 31, 2015 | 12.49% | 16.63% | 45.83% | 32.01% | 5.78% | 4.8 pp |
| FY 2015 Q3 | Nov 8, 2014 | 13.36% | 17.4% | 2.8% | 31.68% | 5.86% | 5.7 pp |
| FY 2015 Q2 | May 24, 2014 | — | — | — | — | — | — |
| FY 2014 Q4 | Feb 1, 2014 | 12.54% | 16.94% | 0.51% | 31.68% | 5.63% | 4.8 pp |
| FY 2014 Q3 | Nov 9, 2013 | 14.9% | 19.23% | 111.98% | 35.65% | 6.22% | 7.2 pp |
| FY 2014 Q2 | May 25, 2013 | — | — | — | — | — | — |
| FY 2013 Q4 | Feb 2, 2013 | 14.62% | 19.77% | 97.33% | 36.57% | 6.22% | 6.9 pp |
| FY 2013 Q3 | Nov 3, 2012 | 8.52% | 10.63% | — | — | — | 0.8 pp |
| FY 2013 Q2 | Aug 11, 2012 | 7.85% | 9.28% | — | — | — | 0.2 pp |
| FY 2012 Q4 | Jan 28, 2012 | 7.46% | 8.58% | — | 12.98% | 2.54% | -0.2 pp |
| FY 2012 Q3 | Nov 5, 2011 | 11.99% | 15.14% | 72.88% | — | — | 4.3 pp |
| FY 2012 Q2 | Aug 13, 2011 | 12.54% | 15.23% | — | 22.98% | 5.11% | 4.8 pp |
| FY 2011 Q4 | Jan 29, 2011 | 11.5% | 14.16% | — | 22.04% | 4.79% | 3.8 pp |
| FY 2011 Q3 | Nov 6, 2010 | 11.4% | 14.04% | — | 21.76% | 4.67% | 3.7 pp |
| FY 2011 Q2 | Aug 14, 2010 | 0.28% | 6.27% | — | 0.29% | 0.07% | -7.4 pp |
| FY 2010 Q4 | Jan 30, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Nov 7, 2009 | — | — | — | — | — | — |
| FY 2010 Q2 | Aug 15, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · KR, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.