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The Kroger CoLTS:0JS2 -3.12%63 Earnings Yield (Joel Greenblatt) % is 3.10% as of Apr. 2026, which is 54% below its 10-year median of 6.78. GuruFocus rates LTS:0JS2 with a GF Score™ of 63/100 and a GF Value™ of $67.07 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 317 Retail - Defensive companies, The Kroger Co ranks worse than 66.25% on this metric.
The Kroger Co's Enterprise Value for the quarter that ended in Apr. 2026 was $62,100 Mil.
The Kroger Co's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $1,923 Mil. The Kroger Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 3.10%.
The historical rank and industry rank for The Kroger Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
LTS:0JS2'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.28 Med: 6.78 Max: 14
Current: 3.51
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of The Kroger Co was 14.00%. The lowest was 2.28%. And the median was 6.78%.
LTS:0JS2's Earnings Yield (Joel Greenblatt) % is ranked worse than 66.25% of 317
companies
in the Retail - Defensive industry
Industry Median: 6.25
vs LTS:0JS2: 3.51
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. The Kroger Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2026 was 10.65%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
The Kroger Co (LTS:0JS2) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
The Kroger Co Earnings Yield (Joel Greenblatt) % Related Terms
The Kroger Co Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for The Kroger Co's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The Kroger Co Earnings Yield (Joel Greenblatt) % Chart
For the Grocery Stores subindustry, The Kroger Co's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The Kroger Co Earnings Yield (Joel Greenblatt) % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, The Kroger Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where The Kroger Co's Earnings Yield (Joel Greenblatt) % falls into.
The Kroger Co Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
The Kroger Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jan. 2026 is calculated as
The Kroger Co's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,923 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.10% mean?
The Kroger Co (LTS:0JS2) has a Earnings Yield (Joel Greenblatt) % of 3.10% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on The Kroger Co and its competitors. This is 54% below median its historical median of 6.78. Over the past decade, The Kroger Co's Earnings Yield (Joel Greenblatt) % has ranged from 2.28 to 14.00. According to the industry distribution chart, The Kroger Co ranks #210 out of 317 companies in the Retail - Defensive industry, placing it in the top 66.2%.
Is The Kroger Co's Earnings Yield (Joel Greenblatt) % too high?
The Kroger Co's current Earnings Yield (Joel Greenblatt) % of 3.10% is 54% below median its 10-year median of 6.78. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 14.00. The Retail - Defensive industry median Earnings Yield (Joel Greenblatt) % is 6.25. The Kroger Co's value of 3.10% is 50.4% below this industry median. Based on the distribution chart, The Kroger Co ranks #210 out of 317 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, The Kroger Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Kroger Co's Earnings Yield (Joel Greenblatt) % compare to SFM and ACI?
According to the Retail - Defensive industry distribution chart, The Kroger Co ranks #210 out of 317 companies for Earnings Yield (Joel Greenblatt) %. This places The Kroger Co in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.25. The Kroger Co's value of 3.10% is 50.4% below this benchmark. Historically, The Kroger Co's own Earnings Yield (Joel Greenblatt) % has ranged from 2.28 to 14.00 over the past decade. While the company's 10-year median is 6.78 vs. the industry median of 6.25, The Kroger Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Retail - Defensive company?
The median Earnings Yield (Joel Greenblatt) % among Retail - Defensive companies is 6.25, based on 317 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Kroger Co's current Earnings Yield (Joel Greenblatt) % of 3.10% is 50.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on The Kroger Co and its competitors. For the Retail - Defensive industry, the median Earnings Yield (Joel Greenblatt) % is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Kroger Co's current Earnings Yield (Joel Greenblatt) % is 3.10%, which is 54% below median its own 10-year median of 6.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Kroger Co stock overvalued right now?
Based on GuruFocus' analysis, The Kroger Co (LTS:0JS2) is currently considered Modestly Undervalued. The stock's GF Value™ is $67.07, compared to a current price of $57.03 — trading 15% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.10%, which is 54% below median its 10-year median of 6.78 and 50.4% below the Retail - Defensive industry median of 6.25. The Kroger Co's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For The Kroger Co (LTS:0JS2), the current Earnings Yield (Joel Greenblatt) % is 3.10% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is The Kroger Co (LTS:0JS2) Overvalued in 2026?
Based on GuruFocus' analysis, The Kroger Co stock appears to be undervalued.
The current stock price of $57.03 is trading 15% below its estimated GF Value™ of $67.07.
GuruFocus considers The Kroger Co to be Modestly Undervalued.
Key valuation signals for LTS:0JS2:
Earnings Yield (Joel Greenblatt) %: 3.10% (54% below median its 10-year median of 6.78)
GF Value™: $67.07 vs. price of $57.03 (15% below fair value)
Industry Position: 50.4% below the Retail - Defensive median (#210 of 317)
No single metric tells the full story. See the LTS:0JS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1883, Kroger is the largest pure-play supermarket operator in the United States, operating roughly 2,700 stores across more than 30 banners. Kroger's business is primarily grocery-led (roughly 78% of sales), spanning fresh food and private-label offerings, complemented by fuel centers (9%) and pharmacies (12%). The firm also generates income from advertising, data analytics, and manufacturing.
63GF Score
Get the complete analysis for LTS:0JS2
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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