ROA - Kroger Co (NYSE:KR) - Alpha Spread

Kroger Co
NYSE:KR

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Kroger Co
NYSE:KR
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Price: 55.36 USD 0.27% Market Closed
Market Cap: 40.1B USD
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ROA
Return on Assets

5.5%
Current
4%
Average
1.8%
Industry

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
5.5%
=
Net Income
2.8B
/
Total Assets
50.8B

ROA Across Competitors

Country US
Market Cap 40.1B USD
ROA
5%
Country JP
Market Cap 1T JPY
ROA
2%
Country ZA
Market Cap 159.5B Zac
ROA
6%
Country CA
Market Cap 69.1B CAD
ROA
8%
Country CA
Market Cap 54.9B CAD
ROA
5%
Country JP
Market Cap 5.9T JPY
ROA
2%
Country IN
Market Cap 3T INR
ROA
14%
Country NL
Market Cap 29.5B EUR
ROA
4%
Country UK
Market Cap 24.5B GBP
ROA
3%
Country AU
Market Cap 40.4B AUD
ROA
0%
Country CA
Market Cap 29.9B CAD
ROA
2%

Profitability Report

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

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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
5.5%
=
Net Income
2.8B
/
Total Assets
50.8B
What is the ROA of Kroger Co?

Based on Kroger Co's most recent financial statements, the company has ROA of 5.5%.