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GROCERY OUTLET HOLDING CORP.

CIK: 1771515 SIC: 5411
$4.57B
Revenue
$-4.44M
Net Income
30.24%
Gross Margin
0.54%
Op. Margin
$-16.91M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 6 annual reports available (2019 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
+ Total Revenue $4.57B $4.37B $3.97B $3.58B $3.08B $3.13B
Revenue Growth % 4.6% 10.1% 10.9% 16.2% -1.8% nan%
Cost of Revenue $3.19B $3.05B $2.73B $2.49B $2.13B $2.16B
+ Gross Profit $1.38B $1.32B $1.24B $1.09B $948.79M $973.35M
Gross Margin % 30.2% 30.2% 31.3% 30.5% 30.8% 31.1%
Operating Expenses - - - $997.11M $859.69M $865.97M
Selling General & Admin $1.31B $1.24B $1.12B $889.35M $773.72M $772.41M
+ Operating Income $24.46M $78.33M $125.78M $94.99M $89.09M $107.38M
Operating Margin % 0.5% 1.8% 3.2% 2.7% 2.9% 3.4%
Interest Expense - $26.20M $22.72M $19.14M $14.60M $20.31M
Other Income/Expense - $-22.16M $-21.70M $-19.24M $-11.59M $-20.24M
Income Before Tax $-2.29M $56.17M $104.08M $75.75M $77.50M $87.13M
Income Tax Expense $2.15M $16.71M $24.64M $10.70M $15.19M $-19.58M
+ Net Income $-4.44M $39.47M $79.44M $65.05M $62.31M $106.71M
Net Margin % -0.1% 0.9% 2.0% 1.8% 2.0% 3.4%
Basic EPS -0.04 0.40 0.80 0.67 0.65 1.16
Diluted EPS -0.04 0.40 0.79 0.65 0.63 1.08
Basic Shares Outstanding 98.2M 98.7M 98.7M 96.8M 95.7M 91.8M
Diluted Shares Outstanding 98.7M 99.6M 100.8M 100.2M 99.4M 98.5M
Breakdown FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Cash & Cash Equivalents $62.83M $114.99M $102.73M $140.09M $105.33M
Other Current Assets $26.70M $32.44M $15.14M $16.78M $20.08M
Total Current Assets $503.90M $516.55M $467.36M $442.75M $381.96M
Property Plant & Equipment $750.42M $642.46M $560.75M $499.39M $433.65M
Goodwill $782.73M $747.94M $747.94M $747.94M $747.94M
Intangible Assets $78.78M $78.56M $63.99M $51.92M $48.23M
Other Non-current Assets $6.87M $10.23M $7.67M $8.14M $7.48M
Total Assets $3.17B $2.97B $2.77B $2.67B $2.49B
Accrued Liabilities - - - $49.02M $35.70M
Total Current Liabilities $349.62M $383.96M $280.51M $237.91M $232.65M
Long-term Debt $462.50M $287.11M $379.65M $451.47M $449.23M
Deferred Tax Liabilities $56.18M $38.60M $19.78M $9.42M -
Other Non-current Liabilities $1.91M $2.27M $1.49M - -
Total Liabilities $1.98B $1.75B $1.66B $1.66B $1.56B
Common Stock $97.00K $99.00K $98.00K $96.00K $95.00K
Retained Earnings $381.43M $341.96M $262.53M $197.47M $135.16M
Total Stockholders Equity $1.20B $1.22B $1.11B $1.01B $922.31M
Total Liabilities & Equity $3.17B $2.97B $2.77B $2.67B $2.49B
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Net Income $-4.44M $39.47M $79.44M $65.05M $62.31M $106.71M
Depreciation & Amortization - - - $75.21M $68.36M $55.48M
Stock-based Compensation $13.99M $10.52M $31.09M $32.56M $17.61M $38.08M
Deferred Income Tax $-11.80M $12.12M $18.82M $10.37M $12.94M $-19.58M
Change in Receivables $17.96M $7.51M $11.03M $7.23M $21.00K $4.94M
Change in Inventory $17.04M $29.95M $15.67M $58.82M $30.34M $25.74M
Operating Cash Flow $380.84M $111.96M $303.45M $185.51M $165.59M $181.24M
Capital Expenditure $397.75M $186.61M $168.99M $130.48M $123.38M $124.92M
Acquisitions - $60.53M - - - -
Investing Cash Flow $-455.76M $-274.03M $-194.16M $-149.93M $-136.71M $-133.79M
Stock Repurchased $25.05M $81.36M $5.89M $3.45M - -
Dividends Paid - - $15.00K $105.00K $186.00K $434.00K
Financing Cash Flow $38.84M $109.91M $-97.02M $-72.94M $5.88M $29.77M
Net Change in Cash $-36.08M $-52.16M $12.26M $-37.36M $34.76M $77.22M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $1.17B - $3.47B -
Cost of Revenue $813.02M - $2.42B -
Gross Profit $355.14M - $1.06B -
Selling General & Admin $331.02M - $998.86M -
Operating Income $22.82M - $13.09M -
Income Before Tax $16.12M - $-6.68M -
Income Tax Expense $4.51M - $70.00K -
Net Income $11.61M $14.00M $-6.75M -
Basic EPS 0.12 - -0.07 -
Diluted EPS 0.12 - -0.07 -
Basic Shares Outstanding $98.16M - $97.92M -
Diluted Shares Outstanding $98.70M - $97.92M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $52.12M $62.83M
Other Current Assets $28.34M $26.70M
Total Current Assets $517.46M $503.90M
Property Plant & Equipment $818.13M $750.42M
Goodwill $782.84M $782.73M
Intangible Assets $80.10M $78.78M
Other Non-current Assets $5.12M $6.87M
Total Assets $3.37B $3.17B
Total Current Liabilities $398.69M $349.62M
Long-term Debt $481.55M $462.50M
Deferred Tax Liabilities $56.59M $56.18M
Other Non-current Liabilities $2.56M $1.91M
Total Liabilities $2.17B $1.98B
Common Stock $98.00K $97.00K
Retained Earnings $374.68M $381.43M
Total Stockholders Equity $1.20B $1.20B
Total Liabilities & Equity $3.37B $3.17B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $11.61M $14.00M $-6.75M -
Stock-based Compensation - - $7.41M -
Deferred Income Tax - - $417.00K -
Change in Receivables - - $5.29M -
Change in Inventory - - $23.69M -
Operating Cash Flow - - $149.84M -
Capital Expenditure - - $158.51M -
Acquisitions - - - -
Investing Cash Flow - - $-182.57M -
Stock Repurchased - - - -
Financing Cash Flow - - $22.03M -
Net Change in Cash - - $-10.70M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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