The Kroger Co.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.02B | $2.67B | $2.16B | $2.24B | $1.66B | $2.59B | $1.66B | $3.11B |
| Depreciation & Amortization | $3.33B | $3.25B | $3.13B | $2.97B | $2.82B | $2.75B | $2.65B | $2.47B |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $30.0M | $30.0M | $42.0M | $52.0M | $59.0M | $67.0M | $85.0M | $80.0M |
| Stock-Based Compensation | $157.0M | $175.0M | $172.0M | $190.0M | $203.0M | $185.0M | $155.0M | $154.0M |
| Net Cash from Operating Activities | $7.31B | $5.79B | $6.79B | $4.50B | $6.19B | $6.82B | $4.66B | $4.16B |
| Investing Activities | ||||||||
| Capital Expenditures | $3.86B | $4.02B | $3.90B | $3.08B | $2.61B | $2.87B | $3.13B | $2.97B |
| Business Acquisitions | — | — | — | — | — | — | — | $197.0M |
| Net Cash from Investing Activities | $-3.91B | $-3.23B | $-3.75B | $-3.02B | $-2.61B | $-2.81B | $-2.61B | $-1.19B |
| Financing Activities | ||||||||
| Dividends Paid | $885.0M | $883.0M | $796.0M | $682.0M | $589.0M | $534.0M | $486.0M | $437.0M |
| Stock Repurchases | $2.70B | $4.16B | $62.0M | $993.0M | $1.65B | $1.32B | $465.0M | $2.01B |
| Net Cash from Financing Activities | $-4.02B | $-490.0M | $-2.17B | $-2.29B | $-3.45B | $-2.71B | $-2.08B | $-2.90B |
| Net Change in Cash | $-625.0M | $2.08B | $868.0M | $-806.0M | $134.0M | $1.29B | $-30.0M | $82.0M |
| Free Cash Flow | $3.46B | $1.78B | $2.88B | $1.42B | $3.58B | $3.95B | $1.54B | $1.20B |