Kohl's Corporation (KSS) 10-Year Financial Performance & Capital Metrics

KSS • • Industrial / General

Consumer CyclicalDepartment StoresSpecialty Department StoresValue-Focused Department Stores

AboutKohl's Corporation operates as a retail company in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Apt. 9, Croft & Barrow, Jumping Beans, SO, and Sonoma Goods for Life, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang. As of March 21, 2022, it operated approximately 1,100 Kohl's stores and a website www.Kohls.com. Kohl's Corporation was founded in 1988 and is headquartered in Menomonee Falls, Wisconsin.Show more

Revenue $16.22B -7.2%
EBITDA $1.25B -14.6%
Net Income $109M -65.6%
EPS (Diluted) 0.97 -66.1%
Gross Margin 35.86% +0.6%
EBITDA Margin 7.72% -8.0%
Operating Margin 3.14% -23.5%
Net Margin 0.67% -63.0%
ROE 2.83% -65.8%
ROIC 3.48% -27.9%
Debt/Equity 1.88 -0.6%
Interest Coverage 1.60 -23.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 92 (top 8%)
✓High quality earnings: Operating CF exceeds net income
✓Trading at only 0.6x book value
✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

✗Weak 3Y average ROE of 3.6%
✗Profits declining 30.9% over 5 years
✗Dividend payout exceeds 100% of earnings
✗Thin 5Y average net margin of 1.2%

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-1.58%

5Y-4.08%

3Y-5.84%

TTM-6.13%

Profit (Net Income) CAGR

10Y-18.73%

5Y-30.88%

3Y-51.2%

TTM-21.46%

EPS CAGR

10Y-13.71%

5Y-26%

3Y-46.52%

TTM-22.89%

ROCE

10Y Avg9.28%

5Y Avg5.44%

3Y Avg4.38%

Latest4.66%

Peer Comparison

Value-Focused Department Stores

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
KSSKohl's Corporation	2.16B	19.26	19.86	-7.18%	1.23%	4.94%	8.42%	1.88

Profit & Loss

	Jan 2016	Jan 2017	Feb 2018	Feb 2019	Feb 2020	Jan 2021	Jan 2022	Jan 2023	Feb 2024	Feb 2025
Sales/Revenue+	19.2B	18.69B	19.09B	20.23B	19.97B	15.96B	19.43B	18.1B	17.48B	16.22B
Revenue Growth %	0.01%	-0.03%	0.02%	0.06%	-0.01%	-0.2%	0.22%	-0.07%	-0.03%	-0.07%
Cost of Goods Sold+	13.2B	12.88B	13.17B	13.16B	13.06B	11.05B	12.28B	12.27B	11.25B	10.4B
COGS % of Revenue	0.69%	0.69%	0.69%	0.65%	0.65%	0.69%	0.63%	0.68%	0.64%	0.64%
Gross Profit+	6B	5.8B	6.92B	7.07B	6.92B	4.91B	7.16B	5.83B	6.23B	5.82B
Gross Margin %	0.31%	0.31%	0.36%	0.35%	0.35%	0.31%	0.37%	0.32%	0.36%	0.36%
Gross Profit Growth %	-0.01%	-0.03%	0.19%	0.02%	-0.02%	-0.29%	0.46%	-0.19%	0.07%	-0.07%
Operating Expenses+	4.45B	4.43B	5.5B	5.6B	5.71B	4.89B	5.48B	5.59B	5.51B	5.31B
OpEx % of Revenue	0.23%	0.24%	0.29%	0.28%	0.29%	0.31%	0.28%	0.31%	0.32%	0.33%
Selling, General & Admin	4.45B	4.43B	5.5B	5.6B	5.71B	4.89B	5.48B	5.59B	5.51B	5.31B
SG&A % of Revenue	0.23%	0.24%	0.29%	0.28%	0.29%	0.31%	0.28%	0.31%	0.32%	0.33%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	1.55B	1.37B	1.42B	1.47B	1.21B	15M	1.68B	246M	717M	509M
Operating Margin %	0.08%	0.07%	0.07%	0.07%	0.06%	0%	0.09%	0.01%	0.04%	0.03%
Operating Income Growth %	-0.08%	-0.12%	0.03%	0.03%	-0.17%	-0.99%	111%	-0.85%	1.91%	-0.29%
EBITDA+	2.49B	2.31B	2.41B	2.43B	2.13B	889M	2.52B	1.05B	1.47B	1.25B
EBITDA Margin %	0.13%	0.12%	0.13%	0.12%	0.11%	0.06%	0.13%	0.06%	0.08%	0.08%
EBITDA Growth %	-0.03%	-0.07%	0.04%	0.01%	-0.12%	-0.58%	1.83%	-0.58%	0.39%	-0.15%
D&A (Non-Cash Add-back)	934M	938M	991M	964M	917M	874M	838M	808M	749M	743M
EBIT	1.38B	1.18B	1.42B	1.3B	1.11B	-262M	1.48B	246M	717M	433M
Net Interest Income+	-327M	-308M	-299M	-256M	-207M	-284M	-260M	-304M	-344M	-319M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	327M	308M	299M	256M	207M	284M	260M	304M	344M	319M
Other Income/Expense	-496M	-494M	-299M	-423M	-311M	-561M	-461M	-304M	-344M	-395M
Pretax Income+	1.06B	875M	1.12B	1.04B	901M	-546M	1.22B	-58M	373M	114M
Pretax Margin %	0.06%	0.05%	0.06%	0.05%	0.05%	-0.03%	0.06%	-0%	0.02%	0.01%
Income Tax+	384M	319M	258M	241M	210M	-383M	281M	-39M	56M	5M
Effective Tax Rate %	0.64%	0.64%	0.77%	0.77%	0.77%	0.3%	0.77%	0.33%	0.85%	0.96%
Net Income+	673M	556M	859M	801M	691M	-163M	938M	-19M	317M	109M
Net Margin %	0.04%	0.03%	0.04%	0.04%	0.03%	-0.01%	0.05%	-0%	0.02%	0.01%
Net Income Growth %	-0.22%	-0.17%	0.54%	-0.07%	-0.14%	-1.24%	6.75%	-1.02%	17.68%	-0.66%
Net Income (Continuing)	673M	556M	859M	801M	691M	-163M	938M	-19M	317M	109M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	3.46	3.11	5.12	4.85	4.37	-1.06	6.34	-0.16	2.86	0.97
EPS Growth %	-0.18%	-0.1%	0.65%	-0.05%	-0.1%	-1.24%	6.98%	-1.03%	18.88%	-0.66%
EPS (Basic)	3.48	3.12	5.14	4.88	4.40	-1.06	6.42	-0.16	2.88	0.98
Diluted Shares Outstanding	195M	179M	168M	165M	158M	154M	148M	120M	111M	112M
Basic Shares Outstanding	193M	178M	167M	164M	157M	154M	146M	120M	110M	111M
Dividend Payout Ratio	0.52%	0.64%	0.43%	0.5%	0.61%	-	0.16%	-	0.69%	2.04%

Balance Sheet

	Jan 2016	Jan 2017	Feb 2018	Feb 2019	Feb 2020	Jan 2021	Jan 2022	Jan 2023	Feb 2024	Feb 2025
Total Current Assets+	5.08B	5.25B	5.38B	4.83B	4.65B	5.83B	5.02B	3.74B	3.41B	3.39B
Cash & Short-Term Investments	707M	1.07B	1.31B	934M	723M	2.27B	1.59B	153M	183M	134M
Cash Only	707M	1.07B	1.31B	934M	723M	2.27B	1.59B	153M	183M	134M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	26M	27M	62M	29M	15M	789M	190M	210M	167M	159M
Days Sales Outstanding	0.49	0.53	1.19	0.52	0.27	18.05	3.57	4.24	3.49	3.58
Inventory	4.04B	3.79B	3.54B	3.48B	3.54B	2.59B	3.07B	3.19B	2.88B	2.94B
Days Inventory Outstanding	111.67	107.53	98.19	96.36	98.87	85.58	91.2	94.9	93.46	103.32
Other Current Assets	305M	351M	468M	397M	374M	13M	15M	14M	14M	11M
Total Non-Current Assets+	8.53B	8.33B	8.01B	7.63B	9.91B	9.5B	10.03B	10.61B	10.6B	10.17B
Property, Plant & Equipment	8.31B	8.1B	7.77B	7.43B	9.74B	9.09B	9.55B	10.23B	10.22B	9.69B
Fixed Asset Turnover	2.31x	2.31x	2.46x	2.72x	2.05x	1.76x	2.03x	1.77x	1.71x	1.67x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	1.32B	1.35B	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	222M	224M	236M	206M	145M	373M	-878.67M	-1.01B	348M	442M
Total Assets+	13.61B	13.57B	13.39B	12.47B	14.55B	15.34B	15.05B	14.35B	14.01B	13.56B
Asset Turnover	1.41x	1.38x	1.43x	1.62x	1.37x	1.04x	1.29x	1.26x	1.25x	1.20x
Asset Growth %	-0.05%	-0%	-0.01%	-0.07%	0.17%	0.05%	-0.02%	-0.05%	-0.02%	-0.03%
Total Current Liabilities+	2.71B	2.97B	2.71B	2.73B	2.77B	3.02B	3.29B	3.12B	2.61B	3.13B
Accounts Payable	1.25B	1.51B	1.27B	1.19B	1.21B	1.48B	1.68B	1.33B	1.13B	1.04B
Days Payables Outstanding	34.59	42.7	35.23	32.91	33.71	48.77	50.04	39.58	36.8	36.56
Short-Term Debt	0	0	0	0	0	0	0	360M	92M	643M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	0	0	0	0	0	0	0	0	0	0
Current Ratio	1.87x	1.76x	1.99x	1.77x	1.68x	1.93x	1.53x	1.20x	1.31x	1.08x
Quick Ratio	0.38x	0.49x	0.68x	0.50x	0.40x	1.07x	0.60x	0.18x	0.20x	0.14x
Cash Conversion Cycle	77.56	65.36	64.14	63.97	65.44	54.86	44.72	59.56	60.15	70.34
Total Non-Current Liabilities+	5.4B	5.42B	5.26B	4.21B	6.34B	7.12B	7.11B	7.47B	7.5B	6.63B
Long-Term Debt	2.79B	2.79B	2.8B	1.86B	1.86B	2.45B	1.91B	1.64B	1.64B	1.17B
Capital Lease Obligations	1.79B	1.69B	1.59B	1.52B	3.99B	4.01B	4.61B	5.36B	5.46B	5.16B
Deferred Tax Liabilities	257M	272M	211M	184M	260M	302M	206M	129M	107M	28M
Other Non-Current Liabilities	563M	671M	662M	644M	234M	354M	379M	337M	298M	265M
Total Liabilities	8.12B	8.4B	7.97B	6.94B	9.11B	10.14B	10.39B	10.58B	10.12B	9.76B
Total Debt+	4.71B	4.61B	4.51B	3.5B	6.12B	6.74B	6.79B	7.57B	7.38B	7.16B
Net Debt	4B	3.54B	3.21B	2.56B	5.4B	4.47B	5.2B	7.41B	7.19B	7.03B
Debt / Equity	0.86x	0.89x	0.83x	0.63x	1.12x	1.30x	1.46x	2.01x	1.89x	1.88x
Debt / EBITDA	1.89x	2.00x	1.88x	1.44x	2.88x	7.58x	2.69x	7.18x	5.03x	5.72x
Net Debt / EBITDA	1.61x	1.53x	1.33x	1.06x	2.54x	5.03x	2.06x	7.03x	4.91x	5.61x
Interest Coverage	4.75x	4.44x	4.74x	5.72x	5.86x	0.05x	6.46x	0.81x	2.08x	1.60x
Total Equity+	5.49B	5.18B	5.42B	5.53B	5.45B	5.2B	4.66B	3.76B	3.89B	3.8B
Equity Growth %	-0.08%	-0.06%	0.05%	0.02%	-0.01%	-0.05%	-0.1%	-0.19%	0.03%	-0.02%
Book Value per Share	28.16	28.92	32.26	33.50	34.49	33.74	31.49	31.36	35.07	33.95
Total Shareholders' Equity	5.49B	5.18B	5.42B	5.53B	5.45B	5.2B	4.66B	3.76B	3.89B	3.8B
Common Stock	4M	4M	4M	4M	4M	4M	4M	4M	2M	1M
Retained Earnings	12.33B	12.52B	13B	13.39B	13.74B	13.47B	14.26B	13.99B	2.93B	1.01B
Treasury Stock	-9.77B	-10.34B	-10.65B	-11.08B	-11.57B	-11.6B	-12.97B	-13.71B	-2.57B	-767M
Accumulated OCI	-17M	-14M	-11M	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Jan 2016	Jan 2017	Feb 2018	Feb 2019	Feb 2020	Jan 2021	Jan 2022	Jan 2023	Feb 2024	Feb 2025
Cash from Operations+	1.47B	2.15B	1.69B	2.11B	1.66B	1.34B	2.27B	282M	1.17B	648M
Operating CF Margin %	0.08%	0.11%	0.09%	0.1%	0.08%	0.08%	0.12%	0.02%	0.07%	0.04%
Operating CF Growth %	-0.27%	0.46%	-0.21%	0.25%	-0.21%	-0.19%	0.7%	-0.88%	3.14%	-0.45%
Net Income	673M	556M	859M	801M	691M	-163M	938M	-19M	317M	109M
Depreciation & Amortization	934M	938M	991M	964M	917M	874M	838M	808M	749M	743M
Stock-Based Compensation	48M	41M	55M	87M	56M	40M	48M	30M	42M	30M
Deferred Taxes	-38M	13M	-61M	-31M	51M	18M	-92M	-84M	-8M	-85M
Other Non-Cash Items	183M	82M	2M	153M	216M	295M	352M	136M	98M	126M
Working Capital Changes	-326M	518M	-155M	133M	-274M	274M	187M	-589M	-30M	-275M
Change in Receivables	96M	36M	-133M	139M	-249M	0	0	0	0	0
Change in Inventory	-215M	249M	264M	79M	-51M	768M	-467M	-116M	315M	-60M
Change in Payables	-260M	256M	-236M	-84M	19M	270M	206M	-353M	-196M	-92M
Cash from Investing+	-681M	-756M	-649M	-572M	-837M	-137M	-570M	-783M	-562M	-467M
Capital Expenditures	-690M	-768M	-672M	-578M	-855M	-334M	-605M	-826M	-577M	-466M
CapEx % of Revenue	0.04%	0.04%	0.04%	0.03%	0.04%	0.02%	0.03%	0.05%	0.03%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	9M	12M	23M	6M	18M	0	0	0	15M	-1M
Cash from Financing+	-1.49B	-1.02B	-808M	-1.91B	-1.03B	347M	-2.38B	-933M	-576M	-230M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-349M	-358M	-368M	-400M	-423M	-108M	-147M	-239M	-220M	-222M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	18M	18M	-46M	1M	-19M	-2M	-5M	0	-5M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	784M	1.38B	1.02B	1.53B	802M	1B	1.67B	-544M	591M	182M
FCF Margin %	0.04%	0.07%	0.05%	0.08%	0.04%	0.06%	0.09%	-0.03%	0.03%	0.01%
FCF Growth %	-0.42%	0.76%	-0.26%	0.5%	-0.48%	0.25%	0.66%	-1.33%	2.09%	-0.69%
FCF per Share	4.02	7.71	6.07	9.27	5.08	6.52	11.26	-4.53	5.32	1.63
FCF Conversion (FCF/Net Income)	2.19x	3.86x	1.97x	2.63x	2.40x	-8.21x	2.42x	-14.84x	3.68x	5.94x
Interest Paid	318M	299M	297M	282M	193M	254M	246M	284M	331M	312M
Taxes Paid	372M	314M	272M	308M	172M	419M	370M	111M	69M	78M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	11.72%	10.42%	16.21%	14.64%	12.59%	-3.06%	19.03%	-0.45%	8.28%	2.83%
Return on Invested Capital (ROIC)	12.38%	11.28%	12.25%	13.15%	9.6%	0.11%	12.91%	1.75%	4.83%	3.48%
Gross Margin	31.27%	31.06%	36.22%	34.93%	34.63%	30.76%	36.83%	32.23%	35.64%	35.86%
Net Margin	3.5%	2.98%	4.5%	3.96%	3.46%	-1.02%	4.83%	-0.1%	1.81%	0.67%
Debt / Equity	0.86x	0.89x	0.83x	0.63x	1.12x	1.30x	1.46x	2.01x	1.89x	1.88x
Interest Coverage	4.75x	4.44x	4.74x	5.72x	5.86x	0.05x	6.46x	0.81x	2.08x	1.60x
FCF Conversion	2.19x	3.86x	1.97x	2.63x	2.40x	-8.21x	2.42x	-14.84x	3.68x	5.94x
Revenue Growth	0.95%	-2.7%	2.19%	5.94%	-1.26%	-20.12%	21.8%	-6.87%	-3.44%	-7.18%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Product	-	189M	-	18.47B	-	16.59B	15.38B
Product Growth	-	-	-	-	-	-	-7.24%
Gift Card	-	-	-	-	-	149M	127M
Gift Card Growth	-	-	-	-	-	-	-14.77%
Product and Service, Other	-	-	-	962M	937M	-	-
Product and Service, Other Growth	-	-	-	-	-2.60%	-	-
Product And Service Other	1.06B	-	924M	-	-	-	-
Product And Service Other Growth	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Kohl's Corporation (KSS) has a price-to-earnings (P/E) ratio of 19.9x. This is roughly in line with market averages.

Growth & Financials

Kohl's Corporation (KSS) reported $15.75B in revenue for fiscal year 2024. This represents a 16% decrease from $18.80B in 2011.

Kohl's Corporation (KSS) saw revenue decline by 7.2% over the past year.

Yes, Kohl's Corporation (KSS) is profitable, generating $194.0M in net income for fiscal year 2024 (0.7% net margin).

Dividend & Returns

Yes, Kohl's Corporation (KSS) pays a dividend with a yield of 10.29%. This makes it attractive for income-focused investors.

Kohl's Corporation (KSS) has a return on equity (ROE) of 2.8%. This is below average, suggesting room for improvement.

Kohl's Corporation (KSS) generated $1.02B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...