Kroger Asset Turnover 2010-2024 | KR
Current and historical asset turnover for Kroger (KR) from 2010 to 2024. Asset turnover can be defined as the amount of sales or revenues generated per dollar of assets. The asset turnover ratio is an indicator of the efficiency with which a company is deploying its assets. Kroger asset turnover for the three months ending January 31, 2024 was 0.73.
| Kroger Asset Turnover Historical Data |
| Date |
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| Sector |
Industry |
Market Cap |
Revenue |
| Retail/Wholesale |
Retail - Supermarket Chains |
$39.837B |
$150.039B |
|
The Kroger Co. is one of the world's largest food retailers. The Kroger Co. formats include supermarkets, price-impact warehouse stores, and multi-department stores, which are similar to supercenters, but offer an expanded variety of national brand appeal and general merchandise. Kroger also operates convenience stores, C-stores provide valuable synergies for the rapid expansion of supermarket fuel centers. Kroger fine jewelry stores under names like Fred Meyer Jewelers and Littman Jewelers. This is a high-margin business with good cash flow. Kroger is the only major U.S. supermarket company to operate an economical three-tier distribution system. Kroger also operates food production or manufacturing facilities producing high quality private-label products that provide value for customers and enhanced margins for Kroger. Kroger operates supermarket fuel centers, which are a natural addition to one-stop-shopping strategy.
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