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Kroger Co
NYSE:KR

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Kroger Co Logo
Kroger Co
NYSE:KR
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Price: 55.91 USD -0.43% Market Closed
Updated: Apr 26, 2024

ROA
Return on Assets

4.3%
Current
4%
Average
1.8%
Industry
Positive for the last year
4.3%
Positive average
4%
Better than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
4.3%
=
Net Income
2.1B
/
Total Assets
50.1B

ROA Across Competitors

ROA Comparison
Kroger Co Competitors

Country US
Market Cap 40.3B USD
ROA
4%
Country ZA
Market Cap 132.9B Zac
ROA
9%
Country CA
Market Cap 73.9B CAD
ROA
9%
Country IN
Market Cap 3T INR
ROA
13%
Country CA
Market Cap 48.6B CAD
ROA
5%
Country JP
Market Cap 5.4T JPY
ROA
2%
Country NL
Market Cap 26.4B EUR
ROA
4%
Country UK
Market Cap 20.7B GBP
ROA
3%
Country AU
Market Cap 39.2B AUD
ROA
0%
Country CA
Market Cap 24.6B CAD
ROA
3%
Country TH
Market Cap 518.8B THB
ROA
2%

Profitability Report

View the profitability report to see the full profitability analysis for Kroger Co.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
4.3%
=
Net Income
2.1B
/
Total Assets
50.1B
What is the ROA of Kroger Co?

Based on Kroger Co's most recent financial statements, the company has ROA of 4.3%.