The Kroger Co. (KR) quarterly cash flow statement — complete operating, investing & financing history
The Kroger Co. (KR) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 1.15B | 1.75B | 2.75B | 949M | 1.54B | 2.15B | 1.4B | 926M | 1.12B | 2.34B | 1.92B | 504M | 1.5B | 2.86B | 1.16B | 911M | 1.32B | 1.1B | 1.4B | 1.67B |
| Operating CF Margin % | 3.31% | 3.81% | 7.91% | 2.8% | 4.53% | 4.76% | 4.09% | 2.75% | 3.31% | 5.17% | 5.18% | 1.48% | 4.44% | 6.33% | 3.33% | 2.66% | 3.83% | 2.47% | 4.23% | 5.24% |
| Operating CF Growth % | -25.6% | -18.33% | 95.66% | 2.48% | 37.17% | -8.24% | -26.88% | 83.73% | -25.4% | -18.11% | 65.52% | -44.68% | 13.51% | 159.53% | -17.08% | -45.38% | 52.83% | -51.15% | 60.8% | 208.89% |
| Net Income | 641M | 903M | 861M | -1.32B | 610M | 868M | 634M | 618M | 465M | 956M | 730M | 647M | -179M | 962M | 451M | 401M | 731M | 666M | 569M | 485M |
| Depreciation & Amortization | 737M | 1.17B | 722M | 916M | 912M | 1.24B | 898M | 896M | 890M | 1.17B | 882M | 864M | 859M | 1.15B | 849M | 827M | 827M | 1.08B | 793M | 796M |
| Stock-Based Compensation | 0 | 0 | 0 | 37M | 45M | 38M | 42M | 44M | 32M | 57M | 48M | 32M | 43M | 49M | 45M | 42M | 46M | 57M | 44M | 51M |
| Deferred Taxes | 43M | 51M | 192M | -491M | -15M | -16M | -111M | 40M | 33M | -64M | 106M | 17M | -273M | -5M | 254M | -53M | -10M | -30M | -65M | 58M |
| Other Non-Cash Items | 225M | 139M | 150M | 2.75B | 14M | 130M | 79M | -67M | 164M | 24M | 146M | 42M | -360M | 207M | 465M | 345M | 58M | 639M | 153M | 244M |
| Working Capital Changes | -501M | -506M | 822M | -946M | -27M | -106M | -138M | -605M | -462M | 204M | 8M | -1.1B | 1.41B | 502M | -904M | -651M | -327M | -1.31B | -95M | 34M |
| Change in Receivables | -88M | -74M | 206M | -81M | -59M | 47M | -50M | 18M | -256M | -102M | -119M | -326M | -207M | -324M | -92M | -222M | -8M | -2M | 222M | -80M |
| Change in Inventory | -42M | -418M | 810M | -988M | 115M | -23M | 518M | -933M | 46M | 225M | 844M | -1.13B | 211M | 419M | 897M | -1.49B | -98M | -676M | 753M | -1.05B |
| Change in Payables | -567M | 563M | -114M | 516M | -302M | 288M | -325M | 402M | -446M | 622M | -485M | 552M | 245M | 233M | -1.1B | 772M | -109M | 439M | -762M | 1.1B |
| Cash from Investing | -1.14B | -1.25B | -899M | -908M | -1.07B | -1.04B | -826M | -497M | -891M | -1.01B | -1B | -950M | -848M | -947M | -823M | -804M | -665M | -723M | -652M | -675M |
| Capital Expenditures | -1.14B | -1.29B | -946M | -941M | -924M | -1.04B | -884M | -954M | -875M | -1.3B | -997M | -953M | -926M | -1.03B | -817M | -831M | -685M | -745M | -606M | -689M |
| CapEx % of Revenue | 3.3% | 2.8% | 2.72% | 2.78% | 2.72% | 2.31% | 2.58% | 2.84% | 2.58% | 2.88% | 2.69% | 2.81% | 2.74% | 2.28% | 2.35% | 2.43% | 1.98% | 1.67% | 1.83% | 2.16% |
| Acquisitions | 0 | 0 | 74M | 18M | 0 | 0 | 0 | 0 | 0 | 304M | 7M | 5M | 3M | 86M | 0 | 34M | 23M | 14M | 14M | 32M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 4M | 38M | -27M | 15M | -144M | 5M | 58M | 457M | -16M | -14M | -15M | -2M | 75M | -5M | -6M | -7M | -3M | 8M | -60M | -18M |
| Cash from Financing | -1.37B | -980M | -2.34B | -989M | -326M | -331M | -9.98B | 10.13B | -294M | -348M | -757M | -249M | -868M | -296M | -238M | -293M | -940M | -818M | -1.21B | -930M |
| Debt Issued (Net) | -45M | -559M | -355M | -20M | -70M | -52M | -4.74B | 10.34B | -45M | -54M | -531M | -47M | -646M | -62M | -26M | -40M | -441M | -45M | -514M | -504M |
| Equity Issued (Net) | -1.05B | -183M | -1.76B | -721M | -4M | -36M | -5.01B | 4M | -5M | -18M | 0 | -1M | -5M | -6M | -1M | -2M | -304M | -552M | -544M | -298M |
| Dividends Paid | -216M | -215M | -226M | -237M | -211M | -211M | -232M | -231M | -210M | -210M | -210M | -210M | -188M | -188M | -188M | -187M | -153M | -154M | -156M | -159M |
| Share Repurchases | -1.06B | -213M | -1.76B | -738M | -22M | -181M | -5.03B | -9M | -13M | -103M | -8M | -7M | -18M | -29M | -8M | -10M | -310M | -665M | -598M | -298M |
| Other Financing | -55M | -23M | -1M | -11M | -41M | -32M | 0 | 19M | -34M | -66M | -16M | 9M | -29M | -40M | -23M | -64M | -42M | -67M | 0 | 31M |
| Net Change in Cash | -1.2B | -461M | -622M | -927M | 145M | 779M | -9.4B | 10.56B | -63M | 980M | 158M | -695M | -212M | 1.62B | 99M | -186M | -280M | -439M | -467M | 63M |
| Free Cash Flow | 1M | 462M | 1.8B | 8M | 615M | 1.1B | 520M | -28M | 247M | 1.05B | 923M | -449M | 578M | 1.83B | 343M | 80M | 640M | 357M | 793M | 979M |
| FCF Margin % | 0% | 1% | 5.19% | 0.02% | 1.81% | 2.45% | 1.52% | -0.08% | 0.73% | 2.32% | 2.49% | -1.32% | 1.71% | 4.06% | 0.98% | 0.23% | 1.85% | 0.8% | 2.4% | 3.07% |
| FCF Growth % | -99.84% | -58.19% | 246.35% | 128.57% | 148.99% | 5.34% | -43.66% | 93.76% | -57.27% | -42.74% | 169.1% | -661.25% | -9.69% | 413.17% | -56.75% | -91.83% | 73.91% | -75.14% | 1083.58% | 646.93% |
| FCF per Share | 0.00 | 0.75 | 2.85 | 0.01 | 0.92 | 1.66 | 0.75 | -0.04 | 0.34 | 1.44 | 1.27 | -0.62 | 0.80 | 2.53 | 0.47 | 0.11 | 0.88 | 0.49 | 1.07 | 1.30 |
| FCF Conversion (FCF/Net Income) | 1.79x | 1.94x | 3.19x | -0.72x | 2.53x | 2.48x | 2.21x | 1.50x | 2.41x | 2.47x | 2.61x | 0.78x | -8.36x | 2.97x | 2.57x | 2.29x | 1.81x | 1.66x | 2.48x | 3.45x |
| Interest Paid | 0 | 0 | 0 | 200M | 101M | 269M | 102M | -42M | 122M | 70M | 108M | 72M | 144M | 164M | 89M | 77M | 181M | 198M | 114M | 128M |
| Taxes Paid | 0 | 0 | 0 | 115M | 212M | 203M | -526M | 329M | 78M | 119M | 172M | 289M | 198M | 92M | 49M | 217M | 188M | 244M | 149M | 63M |