GO · Grocery Outlet Holding Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $4.69B | $4.37B | $3.97B | $3.58B | $3.08B | $3.13B |
| Cost of Revenue | $3.27B | $3.05B | $2.73B | $2.49B | $2.13B | $2.16B |
| Gross Profit | $1.42B | $1.32B | $1.24B | $1.09B | $948.79M | $973.35M |
| R&D | - | - | - | - | - | - |
| SG&A | $1.33B | $1.24B | $1.12B | $889.35M | $773.72M | $772.41M |
| Total Operating Expenses | - | - | - | $997.11M | $859.69M | $865.97M |
| D&A | $107.61M | $87.98M | $76.60M | $75.21M | $68.36M | $55.48M |
| Operating Income | ($221.71M) | $78.33M | $125.78M | $94.99M | $89.09M | $107.38M |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | ($24.27M) | $16.71M | $24.64M | $10.70M | $15.19M | ($19.58M) |
| Net Income | ($224.91M) | $39.47M | $79.44M | $65.05M | $62.31M | $106.71M |
| EPS - Basic | ($2.30) | $0.40 | $0.80 | $0.67 | $0.65 | $1.16 |
| EPS - Diluted | ($2.30) | $0.40 | $0.79 | $0.65 | $0.63 | $1.08 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $69.60M | $62.83M | $114.99M | $102.73M | $140.09M | $105.33M |
| Accounts Receivable | $14.68M | - | - | $9.03M | $5.83M | $3.28M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $177.46M | $175.87M | $209.35M | $137.63M | $122.11M | $114.28M |
| Current Assets | $497.64M | $503.90M | $516.55M | $467.36M | $442.75M | $381.96M |
| Total Assets | $3.09B | $3.17B | $2.97B | $2.77B | $2.67B | $2.49B |
| Current Liabilities | $364.00M | $349.62M | $383.96M | $280.51M | $237.91M | $232.65M |
| Long-term Debt | $477.90M | $462.50M | $287.11M | $385.00M | $460.00M | $460.00M |
| Total Liabilities | $2.11B | $1.98B | $1.75B | $1.66B | $1.66B | $1.56B |
| Stockholders' Equity | $983.66M | $1.20B | $1.22B | $1.11B | $1.01B | $922.31M |
| Retained Earnings | $156.52M | $381.43M | $341.96M | $262.53M | $197.47M | $135.16M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $222.13M | $111.96M | $303.45M | $185.51M | $165.59M | $181.24M |
| Investing Cash Flow | ($229.68M) | ($274.03M) | ($194.16M) | ($149.93M) | ($136.71M) | ($133.79M) |
| Financing Cash Flow | $14.32M | $109.91M | ($97.02M) | ($72.94M) | $5.88M | $29.77M |
| CapEx | $198.33M | $186.61M | $168.99M | $130.48M | $123.38M | $124.92M |
| Free Cash Flow | $23.80M | ($74.65M) | $134.46M | $55.03M | $42.20M | $56.32M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 30.3% | 30.2% | 31.3% | 30.5% | 30.8% | 31.1% |
| Operating margin | -4.7% | 1.8% | 3.2% | 2.7% | 2.9% | 3.4% |
| EBITDA margin | -2.4% | 3.8% | 5.1% | 4.8% | 5.1% | 5.2% |
| Net margin | -4.8% | 0.9% | 2.0% | 1.8% | 2.0% | 3.4% |
| Free cash flow margin | 0.5% | -1.7% | 3.4% | 1.5% | 1.4% | 1.8% |
| FCF / Net income | -0.11 | -1.89 | 1.69 | 0.85 | 0.68 | 0.53 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 28.4% | 28.4% | 28.1% | 24.9% | 25.1% | 24.6% |
| Effective tax rate | - | 29.7% | 23.7% | 14.1% | 19.6% | -22.5% |
| Return on assets | -7.3% | 1.2% | 2.7% | 2.3% | 2.3% | 4.3% |
| Return on equity | -22.9% | 3.3% | 6.5% | 5.9% | 6.2% | 11.6% |
| Return on invested capital | -12.0% | 3.3% | 6.4% | 5.5% | 4.9% | 7.8% |
| Liquidity | ||||||
| Current ratio | 1.37 | 1.44 | 1.35 | 1.67 | 1.86 | 1.64 |
| Quick ratio | 1.37 | 1.44 | 1.35 | 1.67 | 1.86 | 1.64 |
| Cash ratio | 0.19 | 0.18 | 0.30 | 0.37 | 0.59 | 0.45 |
| Leverage | ||||||
| Debt / Equity | 0.49 | 0.39 | 0.24 | 0.35 | 0.46 | 0.50 |
| Debt / Assets | 0.15 | 0.15 | 0.10 | 0.14 | 0.17 | 0.19 |
| Debt / EBITDA | - | 2.78 | 1.42 | 2.26 | 2.92 | 2.82 |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 3.14 | 2.65 | 2.44 | 2.50 | 2.65 | 2.70 |
| Liabilities / Assets | 0.68 | 0.62 | 0.59 | 0.60 | 0.62 | 0.63 |
| Efficiency | ||||||
| Asset turnover | 1.52 | 1.38 | 1.34 | 1.29 | 1.15 | 1.26 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 1d | - | - | 1d | 1d | 0d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | 20d | 21d | 28d | 20d | 21d | 19d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | 39.0x | 34.1x | 44.9x | 44.9x | 36.3x |
| P / B | 1.0x | 1.3x | 2.2x | 2.6x | 2.8x | 4.2x |
| P / S | 0.2x | 0.4x | 0.7x | 0.8x | 0.9x | 1.2x |
| EV / EBITDA | - | 11.8x | 14.3x | 18.8x | 19.9x | 25.9x |
| Growth | ||||||
| Revenue growth (YoY) | 7.3% | 10.1% | 10.9% | 16.2% | -1.8% | 22.5% |
| Revenue CAGR (3y) | 9.4% | 12.4% | 8.2% | 11.8% | - | - |
| Revenue CAGR (5y) | 8.4% | 11.3% | - | - | - | - |
| Gross profit growth (YoY) | 7.4% | 6.5% | 13.7% | 15.1% | -2.5% | 23.7% |
| Operating income growth (YoY) | - | -37.7% | 32.4% | 6.6% | -17.0% | 39.6% |
| Net income growth (YoY) | - | -50.3% | 22.1% | 4.4% | -41.6% | 418.0% |
| EPS growth (YoY) | - | -49.4% | 21.5% | 3.2% | -41.7% | 468.4% |
| EPS CAGR (3y) | - | -14.1% | -9.9% | 50.7% | - | - |
| EPS CAGR (5y) | - | 16.1% | - | - | - | - |
| FCF growth (YoY) | - | - | 144.3% | 30.4% | -25.1% | 37.2% |
| FCF CAGR (5y) | -15.8% | - | - | - | - | - |
| Book value growth (YoY) | -17.8% | -1.8% | 9.8% | 10.0% | 9.4% | 127.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-03.
Business segments
$4.69B totalReportable Segment$4.69B · 100.0%
Product / service
$4.69B totalNon Perishable$2.92B · 62.3%
Perishable$1.77B · 37.7%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.56
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Retail-Grocery Stores
Comparing Grocery Outlet Holding Corp. against the 5 most active filers in the same SIC group.