Financial Analysis
Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data
Filing evidence summary
Mixed evidenceCoverage 5/5 core metricsOperating margin changed -1.3 percentage points from the prior annual period.
Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.
Evidence signals
- Operating margin compressed
Operating margin changed -1.3 percentage points from the prior annual period.
Why this surfaced
Direction threshold: more than +1 percentage point constructive; below -1 point caution. Period end 2026-01-31.
- 3 filing risk checks flagged
Flagged areas: Solvency & liquidity.
Why this surfaced
The full financial analysis shows each value, threshold, and sector limitation.
- Revenue was broadly stable
Latest reported annual revenue changed +0.4% from the prior reported annual observation.
Why this surfaced
Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2026-01-31.
- Free cash flow was positive
Latest reported free cash flow was $3.5B.
Why this surfaced
Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2026-01-31.
Core trend metrics
Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.
Where to look next
Risk checks
- Solvency & liquidity
Financial movement
- Cash→ flat
- Long-term debt→ flat
- Inventory→ flat
- Receivables→ flat
- Current assets→ flat
Source & freshness
- Source
- SEC EDGAR XBRL
- Fetched
- 2026-09-06
- Latest period end
- 2026-01-31
- Filings
- EDGAR ↗
Reported segment mix
figures as filed · share of the filed sum · change vs the prior period in the same filing- Reportable Segment Aggregation Before Other Operating Segment$148B100.0%+0.4% yoy
Members sum to the consolidated $148B for this period.
- Non Perishable$77.6B52.5%+0.6% yoy
- Perishable$37.2B25.2%+2.4% yoy
- Pharmacy$18.2B12.3%+15.8% yoy
- Supermarket Fuel$13.6B9.2%-9.3% yoy
- Other Product$1.13B0.8%-63.1% yoy
Members sum to the consolidated $148B for this period.
- Reportable Segment Aggregation Before Other Operating Segment$46.1B100.0%+2.2% yoy
Change is against the same quarter a year earlier, as reported in the same 10-Q.
Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.
Peer percentiles
latest fiscal year ending 2026-01-31 · among 4,058 US-listed filers · 480 in Consumer| Metric | Value | vs all filers | vs sector |
|---|---|---|---|
Revenue latest fiscal-year revenue as filed | $147.6B | 99thof 3,301 top third | 98thof 465 top third |
Revenue growth latest fiscal-year revenue vs the prior fiscal year | 0.3% | 31stof 3,137 bottom third | 34thof 452 middle third |
Operating margin operating income ÷ revenue | 1.3% | 45thof 2,819 middle third | 34thof 434 middle third |
Net margin net income ÷ revenue | 0.7% | 44thof 3,263 middle third | 38thof 461 middle third |
Free-cash-flow margin (operating cash flow − |capex|) ÷ revenue | 2.3% | 42ndof 2,679 middle third | 41stof 418 middle third |
Return on equity net income ÷ stockholders' equity (positive equity only) | 17.1% | 83rdof 3,577 top third | 73rdof 412 top third |
Stock comp ÷ revenue stock-based compensation ÷ revenue · lower is ranked higher | 0.1% | 98thof 2,895 top third | 94thof 416 top third |
Days sales outstanding receivables ÷ revenue × 365 · lower is ranked higher | 5 days | 94thof 2,398 top third | 82ndof 384 top third |
Net debt ÷ operating cash flow net debt ÷ operating cash flow (OCF > 0) · lower is ranked higher | 1.7× | 54thof 1,547 middle third | 53rdof 242 middle third |
Cash conversion operating cash flow ÷ net income (net income > 0) | 7.2× | 94thof 1,954 top third | 92ndof 275 top third |
Cash-flow accrual ratio (net income − operating cash flow) ÷ average total assets · lower is ranked higher | -12.3% | 84thof 2,770 top third | 90thof 331 top third |
Balance-sheet accrual ratio change in net operating assets ÷ average net operating assets · lower is ranked higher | -9.1% | 80thof 2,345 top third | 81stof 257 top third |
Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.
Earnings quality
latest fiscal year ending 2026-01-31 · accruals and cash conversion as filedPer fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.
Point-in-time ledger
first-reported vs latest filing · periods since 2020-01-01 · 0 changed periodsNo period on file has changed between its first report and the latest filing carrying it.
First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.
Notes by disclosure type
debt, leases, revenue, segments, contingencies, taxes and more · the filer's own wordsCommitments and contingencies · 7,761 characters as filed
5. COMMITMENTS AND CONTINGENCIES The Company continuously evaluates contingencies based upon the best available evidence. The Company believes that allowances for loss have been provided to the extent necessary and that its assessment of contingencies is reasonable. To the extent that resolution of contingencies results in amounts that vary from the Companys estimates, future earnings will be charged or credited. The principal contingencies are described below: Insurance The Companys workers compensation risks are self-insured in most states. In addition, other workers compensation risks and certain levels of insured general liability risks are based on retrospective premium plans, deductible plans and self-insured retention plans. The liability for workers compensation risks is accounted for on a present value basis. Actual claim settlements and expenses incident thereto may differ from the provisions for loss. Property risks have been underwritten by a subsidiary and are all reinsured with unrelated insurance companies. Operating divisions and subsidiaries have paid premiums, and the insurance subsidiary has provided loss allowances, based upon actuarially determined estimates. Litigation Various claims and lawsuits arising in the normal course of business, including personal injury, contract disputes, employment discrimination, wage and hour and other regulatory claims are pending against the Company. Some of these suits purport or have been determined to be class actions …
CommitmentsAndContingenciesDisclosureTextBlock · excerpt; the full note is in the filing
Debt · 1,411 characters as filed
2. DEBT OBLIGATIONS Long-term debt consists of: May 23, January 31, 2026 2026 1.70% to 8.00% Senior Notes due through 2064 $ 14,368 $ 14,864 Other 1,010 1,011 Total debt, excluding obligations under finance leases 15,378 15,875 Less current portion (866) (1,366) Total long-term debt, excluding obligations under finance leases $ 14,512 $ 14,509 The fair value of the Companys long-term debt, including current maturities, was estimated based on Level 2 quoted market prices for the same or similar issues adjusted for illiquidity based on available market evidence. If quoted market prices were not available, the fair value was based upon the net present value of the future cash flow using the forward interest rate yield curve in effect at May 23, 2026 and January 31, 2026. At May 23, 2026, the fair value of total debt was $14,159 compared to a carrying value of $15,378. At January 31, 2026, the fair value of total debt was $14,975 compared to a carrying value of $15,875. In the first quarter of 2026, the Company repaid $500 of senior notes bearing an interest rate of 3.5% using cash on hand. As of May 23, 2026 and January 31, 2026, Other debt consisted primarily of a financial obligation related to a sale transaction for properties that did not qualify for sale-leaseback accounting treatment in 2021. …
DebtDisclosureTextBlock · excerpt; the full note is in the filing
Income taxes · 619 characters as filed
8. INCOME TAXES The effective income tax rate was 23.2% for the first quarter of 2026 and 21.3% for the first quarter of 2025. The effective income tax rate for the first quarter of 2026 differed from the federal statutory rate due to the effect of state income taxes, partially offset by the utilization of tax credits and the benefit from share-based payments. The effective income tax rate for the first quarter of 2025 differed from the federal statutory rate due to the effect of state income taxes, partially offset by the utilization of tax credits and deductions including the benefit from share-based payments.
IncomeTaxDisclosureTextBlock
Pensions and post-retirement benefits · 1,274 characters as filed
3. BENEFIT PLANS The following table provides the components of net periodic benefit cost for the company-sponsored defined benefit pension plans and other postretirement benefit plans for the first quarters of 2026 and 2025: First Quarter Ended Pension Benefits Other Benefits May 23, May 24, May 23, May 24, 2026 2025 2026 2025 Components of net periodic benefit cost: Service cost $ 2 $ 2 $ 2 $ 1 Interest cost 39 40 3 4 Expected return on plan assets (39) (42) Amortization of: Prior service cost (1) (1) Actuarial loss (gain) 6 4 (1) (4) Net periodic benefit cost $ 8 $ 4 $ 3 $ The Company is not required to make any significant contributions to its company-sponsored pension plans in 2026 but may make contributions to the extent such contributions are beneficial to the Company. The Company did not make any significant contributions to its company-sponsored pension plans in the first quarters of 2026 or 2025. The Company contributed $114 and $109 to employee 401(k) retirement savings accounts in the first quarters of 2026 and 2025, respectively. …
PensionAndOtherPostretirementBenefitsDisclosureTextBlock · excerpt; the full note is in the filing
Segment reporting · 4,056 characters as filed
7. SEGMENT REPORTING The Company operates supermarkets, multi-department stores and fulfillment centers throughout the United States. The Companys retail operations, which represent substantially all of the Companys consolidated sales, are its only reportable segment. The retail operations segment revenues are predominately earned as consumer products are sold to customers in our stores, fuel centers and via the Companys eCommerce business. The Company aggregates its operating divisions into one reportable segment due to the operating divisions having similar economic characteristics with similar long-term financial performance. In addition, the Companys operating divisions offer customers similar products, have similar distribution methods, operate in similar regulatory environments, purchase the majority of the merchandise for retail sale from similar (and in many cases identical) vendors on a coordinated basis from a centralized location, serve similar types of customers, and are allocated capital from a centralized location. Operating divisions are organized primarily on a geographical basis so the operating division management team can be responsive to local needs of the operating division and can execute company strategic plans and initiatives throughout the locations in their operating division. This geographical separation is the primary differentiation between these retail operating divisions. The geographical basis of organization reflects how the business is manage …
SegmentReportingDisclosureTextBlock · excerpt; the full note is in the filing
Source: SEC DERA Financial Statement and Notes data sets (txt.tsv), excerpts of the filer's own note text; the full note is in the linked filing. Excerpts are the first part of each note exactly as tagged in the filing; open the filing for the full text and the tables. Descriptive and educational, not advice.
Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.