NYSE · KR
The Kroger Co.
Consumer Defensive · Grocery Stores
$66.77▼ 1.62% ($1.10)at close
Pre-market$66.58▼ 0.28%4:36 AM ET
Valuation
Cash-flow DCF
Verdict: fairly priced. Price between Base and Bull.
The price needs 20.1% free cash flow growth a year for 5 years. Our scenarios assume −14.5–15.5%.
That's 38.7× its past 10-year pace.
Value per share
Base case
$14.14
Price used $66.77 is 4.7× this
USD · TTM ending Aug 15, 2026 · Price Oct 23, 8:00 PM UTC
FCFF base normalized by replacing latest capex with the company's trailing median capex-to-revenue ratio.
3 more notes
Historical FCFF CAGR and the default growth rates are taken from the raw historical series. The valuation base is normalized for the current-period DCF.
Market beta (0.41) is below the minimum default of 0.5 — short lookback windows can understate systematic risk. Beta floored at 0.5 for default assumptions; adjust manually if needed.
Reported total debt includes capitalised leases (~30% of the total). They are excluded from net debt and from the WACC weights because rent is already charged inside operating income. The Net Debt shown here is therefore lower than the balance-sheet figure elsewhere on this page.
Free cash flow each value needs
Free cash flow today $748M. The price needs $2.2B by 2036. Base case: $912M. At its recent pace: $788M. Bear to Bull: $406M to $2.3B.
Free cash flow today $748M. The price needs $2.2B by 2036. Base case: $912M. At its recent pace: $788M. Bear to Bull: $406M to $2.3B.
Free cash flow in 2036
today $748M
+$1.3Bmore than the Base case · 2.4×
Value per share · Base case
$14.14
Price $66.77
4.7× this
- Stage 1 growth, yrs 1–5
- 0.5%
- Stage 2 growth, yrs 6–10
- 3.5%
- Discount rate
- 5.9%
FCFF base normalized by replacing latest capex with the company's trailing median capex-to-revenue ratio.
3 more notes
Historical FCFF CAGR and the default growth rates are taken from the raw historical series. The valuation base is normalized for the current-period DCF.
Market beta (0.41) is below the minimum default of 0.5 — short lookback windows can understate systematic risk. Beta floored at 0.5 for default assumptions; adjust manually if needed.
Reported total debt includes capitalised leases (~30% of the total). They are excluded from net debt and from the WACC weights because rent is already charged inside operating income. The Net Debt shown here is therefore lower than the balance-sheet figure elsewhere on this page.
USD · TTM ending Aug 15, 2026 · Price Oct 23, 8:00 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 2.75% over the last year. Revenue grew 1.58% over the trailing twelve months. Operating margin moved from 2.67% to 1.39%. Free cash flow grew 2.71% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 1.39%. A decisive move in revenue — currently up 1.58% — would be the clearest signal to resolve the ambiguity.
Return analysis
Company profile
The Kroger Co. functions as a significant retail entity throughout the United States, encompassing a varied collection of store formats.
Market multiples
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Analyst consensus
21
Buy
17
Hold
6
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Actuals vs estimates by quarter, or any quarter against the same one a year earlier.
Next report
Dec 3, 2026
Q3 FY26 · EPS est $1.16 · Revenue est $34.6B
Same quarter, year over year
FY26 YTD +5.5%Each cell vs the same quarter a year earlier (the cell below) · Q1–Q2 combined $2.67 vs $2.53 · all 2 quarters up
Q1
Q2
Q3
Q4
FY total
FY26
—
—
FY25
FY24
FY23
—
—
—
Fiscal year totals
- FY25
- $4.86
- +8.5%
- FY24
- $4.48
- —
Q2 FY26
Reported Sep 11, 2026 · Latest
HoverTap a cell to inspect
Actual
$1.09
Estimate
$1.06
Year over year
+4.8%
Vs prior quarter
-31.0%
Institutional Sentiment
The Kroger Co. · KR
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.