Financial Snapshot

Revenue
$4.263B
TTM
Gross Margin
30.39%
TTM
Net Earnings
$51.26M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
145.9%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.226B
Q3 2024
Cash
Q3 2024
P/E
37.31
Nov 29, 2024 EST
Free Cash Flow
-$83.88M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $3.969B $3.080B $3.135B $3.135B $2.560B $2.288B $2.075B $1.832B
YoY Change 28.9% -1.76% 0.0% 22.46% 11.89% 10.22% 13.32%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $3.969B $3.080B $3.135B $3.135B $2.560B $2.288B $2.075B $1.832B
Cost Of Revenue $2.728B $2.131B $2.161B $2.161B $1.773B $1.592B $1.444B $1.270B
Gross Profit $1.242B $948.8M $973.3M $973.3M $787.1M $695.4M $631.9M $561.2M
Gross Profit Margin 31.28% 30.81% 31.05% 31.05% 30.75% 30.4% 30.45% 30.64%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $1.116B $773.7M $772.4M $810.5M $639.4M $557.1M $510.1M $460.0M
YoY Change 44.23% 0.17% -4.7% 26.75% 14.78% 9.21% 10.9%
% of Gross Profit 89.87% 81.55% 79.36% 83.27% 81.24% 80.11% 80.73% 81.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $76.60M $63.44M $50.75M $58.00M $42.91M $37.05M $31.81M $37.20M
YoY Change 20.74% 25.01% -12.5% 35.18% 15.8% 16.47% -14.48%
% of Gross Profit 6.17% 6.69% 5.21% 5.96% 5.45% 5.33% 5.03% 6.63%
Operating Expenses $1.116B $859.7M $866.0M $866.0M $718.8M $612.9M $554.9M $497.1M
YoY Change 29.8% -0.73% 0.0% 20.49% 17.27% 10.45% 11.64%
Operating Profit $125.8M $89.10M $107.4M $107.3M $68.34M $82.47M $76.94M $64.10M
YoY Change 41.18% -17.02% 0.07% 57.0% -17.13% 7.19% 20.02%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense -$16.36M -$15.56M -$20.04M -$20.00M -$45.93M -$55.36M -$49.70M -$47.10M
YoY Change 5.12% -22.35% 0.22% -56.45% -17.04% 11.4% 5.52%
% of Operating Profit -13.01% -17.47% -18.67% -18.64% -67.2% -67.13% -64.6% -73.48%
Other Income/Expense, Net -$21.70M -$11.59M -$20.24M -$51.56M -$60.62M -$51.16M
YoY Change 87.17% -42.72% -14.94% 18.47%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income $104.1M $77.50M $87.10M $87.10M $16.80M $21.90M $25.80M $16.90M
YoY Change 34.32% -11.02% 0.0% 418.45% -23.29% -15.12% 52.66%
Income Tax $24.64M $15.19M -$19.58M -$19.60M $1.363M $5.984M $5.171M $6.700M
% Of Pretax Income 23.67% 19.6% -22.48% -22.5% 8.11% 27.32% 20.04% 39.64%
Net Earnings $79.44M $62.31M $106.7M $106.7M $15.42M $15.87M $20.60M $10.20M
YoY Change 27.49% -41.61% 0.01% 592.0% -2.83% -22.97% 101.97%
Net Earnings / Revenue 2.0% 2.02% 3.4% 3.4% 0.6% 0.69% 0.99% 0.56%
Basic Earnings Per Share $0.80 $0.65 $1.16 $0.20 $0.24 $0.30
Diluted Earnings Per Share $0.79 $0.63 $1.08 $1.08 $0.19 $0.23 $0.30 $119.0K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $115.0M $140.1M $105.3M $105.3M $28.10M $21.10M $5.800M
YoY Change -17.92% 33.03% 0.0% 274.73% 33.18% 263.79%
Cash & Equivalents $115.0M $140.1M $105.3M $105.3M $28.10M $21.10M $5.800M
Short-Term Investments
Other Short-Term Assets $32.44M $16.78M $20.10M $20.10M $13.50M $13.90M $12.10M
YoY Change 93.34% -16.52% 0.0% 48.89% -2.88% 14.88%
Inventory $350.0M $275.5M $245.2M $245.2M $219.4M $198.3M $183.0M
Prepaid Expenses
Receivables $14.94M $7.219M $5.400M $5.400M $7.000M $5.100M $4.500M
Other Receivables $4.185M $3.159M $6.000M $6.000M $2.900M $2.000M $2.200M
Total Short-Term Assets $516.6M $442.7M $382.0M $382.0M $270.8M $240.4M $207.6M
YoY Change 16.67% 15.9% 0.0% 41.06% 12.65% 15.8%
Property, Plant & Equipment $1.595B $1.404B $1.275B $1.275B $1.097B $304.0M $277.7M
YoY Change 13.54% 10.15% 0.0% 16.25% 260.79% 9.47%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.797M $1.248M $5.000M $5.000M $1.800M $2.000M $1.500M
YoY Change 204.25% -75.04% 0.0% 177.78% -10.0% 33.33%
Total Long-Term Assets $2.453B $2.227B $2.104B $2.104B $1.915B $1.137B $1.110B
YoY Change 10.15% 5.87% 0.0% 9.87% 68.47% 2.36%
Total Assets $2.970B $2.670B $2.486B $2.486B $2.186B $1.377B $1.318B
YoY Change
Accounts Payable $209.4M $122.1M $114.3M $114.3M $119.2M $98.10M $95.60M
YoY Change 71.45% 6.83% 0.0% -4.11% 21.51% 2.62%
Accrued Expenses $153.7M $107.3M $109.9M $109.9M $84.20M $42.00M $27.40M
YoY Change 43.17% -2.33% 0.0% 30.52% 100.48% 53.28%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.126M $1.275M $900.0K $900.0K $600.0K $7.300M $5.400M
YoY Change 458.9% 41.67% 0.0% 50.0% -91.78% 35.19%
Total Short-Term Liabilities $384.0M $237.9M $232.6M $232.6M $208.6M $150.9M $131.3M
YoY Change 61.39% 2.28% 0.0% 11.51% 38.24% 14.93%
Long-Term Debt $291.8M $457.1M $454.3M $454.3M $453.4M $850.0M $705.5M
YoY Change -36.16% 0.62% 0.0% 0.2% -46.66% 20.48%
Other Long-Term Liabilities $1.036B $956.1M $876.3M $876.3M $762.1M $60.80M $44.60M
YoY Change 8.34% 9.11% 0.0% 14.98% 1153.45% 36.32%
Total Long-Term Liabilities $1.328B $1.413B $1.331B $1.331B $1.216B $910.8M $750.1M
YoY Change -6.05% 6.21% 0.0% 9.47% 33.45% 21.42%
Total Liabilities $1.750B $1.661B $1.563B $1.563B $1.440B $1.077B $890.7M
YoY Change 5.4% 6.22% 0.0% 8.55% 33.73% 20.9%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding 98.71M shares 95.73M shares 91.82M shares 79.04M shares 68.47M shares 68.23M shares
Diluted Shares Outstanding 100.8M shares 99.42M shares 98.45M shares 81.86M shares 68.55M shares 68.33M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.9126 Billion

About Grocery Outlet Holding Corp.

Grocery Outlet Holding Corp. engages in the operation of retail stores in the United States. The company is headquartered in Emeryville, California and currently employs 901 full-time employees. The company went IPO on 2019-06-20. The firm operates over 470 stores in California, Washington, Oregon, Pennsylvania, Idaho, Nevada, Maryland, New Jersey and Ohio. Its product offering includes staples, across grocery, refrigerated and frozen foods, beer and wine, fresh meat and seafood, and health and beauty care, others. The company distributes inventory through eight primary distribution centers, three of which it operates and five of which are operated by third parties. The company has an in-house transportation fleet, as well as transportation partner relationships. The company also owns United Grocery Outlet, a closeout grocery retailer with over 40 stores in Tennessee, North Carolina, Georgia, Alabama, Kentucky, and Virginia. The company is focused on centralized marketing efforts primarily on digital ads, emailed WOW! Alerts, social media and radio commercials, and in-store and outdoor signage.

Industry: Retail-Grocery Stores Peers: Albertsons Companies, Inc. Blue Apron Holdings, Inc. CASEYS GENERAL STORES INC INGLES MARKETS INC KROGER CO Natural Grocers by Vitamin Cottage, Inc. Sprouts Farmers Market, Inc. VILLAGE SUPER MARKET INC WEIS MARKETS INC