Kohls Corp Financials
This page shows Kohls Corp (KSS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Kohl's is offsetting a smaller sales base with leaner inventories, lower overhead, and lighter reinvestment that rebuilds cash flow.
Between FY2025 and FY2026, free cash flow jumped from$182M to$1.0B even though sales kept shrinking, which means the cash engine improved while the demand engine did not. The hidden driver was cash release: inventory fell to$2.7B while capital spending stayed restrained at$372M , so less money was trapped in stock and store upkeep.
Gross margin held near
The short-term balance sheet got less tight, with the current ratio improving to 1.5x from 1.1x. A much lower cash dividend helped, with payouts dropping to
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Kohls Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Kohls Corp has an operating margin of 4.0%, meaning the company retains $4 of operating profit per $100 of revenue. This results in a moderate score of 48/100, indicating healthy but not exceptional operating efficiency. This is up from 2.7% the prior year.
Kohls Corp's revenue declined 4.3% year-over-year, from $16.2B to $15.5B. This contraction results in a growth score of 16/100.
Kohls Corp has a moderate D/E ratio of 0.34. This balance of debt and equity financing earns a leverage score of 53/100.
Kohls Corp's current ratio of 1.48 indicates adequate short-term liquidity, earning a score of 40/100. The company can meet its near-term obligations, though with limited headroom.
Kohls Corp has a free cash flow margin of 6.5%, earning a moderate score of 45/100. The company generates positive cash flow after capital investments, but with room for improvement.
Kohls Corp's ROE of 6.8% shows moderate profitability relative to equity, earning a score of 51/100. This is up from 2.9% the prior year.
Kohls Corp scores 1.69, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Kohls Corp passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Kohls Corp generates $5.07 in operating cash flow ($1.4B OCF vs $272.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Kohls Corp earns $2.2 in operating income for every $1 of interest expense ($624.0M vs $288.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Kohls Corp generated $15.5B in revenue in fiscal year 2026. This represents a decrease of 4.3% from the prior year.
Kohls Corp's EBITDA was $1.3B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 12.6% from the prior year.
Kohls Corp reported $272.0M in net income in fiscal year 2026. This represents an increase of 149.5% from the prior year.
Kohls Corp earned $2.38 per diluted share (EPS) in fiscal year 2026. This represents an increase of 142.9% from the prior year.
Cash & Balance Sheet
Kohls Corp generated $1.0B in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 453.8% from the prior year.
Kohls Corp held $429.0M in cash against $1.4B in long-term debt as of fiscal year 2026.
Kohls Corp paid $0.50 per share in dividends in fiscal year 2026. This represents a decrease of 75.0% from the prior year.
Kohls Corp had 112M shares outstanding in fiscal year 2026. This represents an increase of 0.8% from the prior year.
Margins & Returns
Kohls Corp's gross margin was 40.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 0.1 percentage points from the prior year.
Kohls Corp's operating margin was 4.0% in fiscal year 2026, reflecting core business profitability. This is up 1.3 percentage points from the prior year.
Kohls Corp's net profit margin was 1.8% in fiscal year 2026, showing the share of revenue converted to profit. This is up 1.1 percentage points from the prior year.
Kohls Corp's ROE was 6.8% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 3.9 percentage points from the prior year.
Capital Allocation
Kohls Corp invested $372.0M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 20.2% from the prior year.
KSS Income Statement
| Metric | Q2'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.2B-11.4% | $3.6B+0.8% | $3.5B+9.7% | $3.2B-41.7% | $5.5B+49.5% | $3.7B-0.6% | $3.7B+10.3% | $3.4B |
| Cost of Revenue | $1.8B-12.5% | $2.1B+2.4% | $2.0B+9.7% | $1.8B-48.5% | $3.6B+66.7% | $2.1B+0.4% | $2.1B+10.7% | $1.9B |
| Gross Profit | $1.4B-10.0% | $1.5B-1.2% | $1.5B+9.7% | $1.4B-29.5% | $2.0B+26.1% | $1.6B-1.9% | $1.6B+9.9% | $1.5B |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $1.1B-9.3% | $1.3B+5.3% | $1.2B+3.0% | $1.2B-27.4% | $1.6B+24.2% | $1.3B+3.3% | $1.3B+1.8% | $1.2B |
| Operating Income | $46.0M-37.0% | $73.0M-73.8% | $279.0M+365.0% | $60.0M-45.0% | $109.0M+11.2% | $98.0M-41.0% | $166.0M+286.0% | $43.0M |
| Interest Expense | -$63.0M+16.0% | -$75.0M+3.8% | -$78.0M-2.6% | -$76.0M+6.2% | -$81.0M-6.6% | -$76.0M+11.6% | -$86.0M-3.6% | -$83.0M |
| Income Tax | -$3.0M+70.0% | -$10.0M-120.8% | $48.0M+4900.0% | -$1.0M | N/A | N/A | $14.0M+207.7% | -$13.0M |
| Net Income | -$14.0M-275.0% | $8.0M-94.8% | $153.0M+1120.0% | -$15.0M-141.7% | $36.0M+63.6% | $22.0M-66.7% | $66.0M+344.4% | -$27.0M |
| EPS (Diluted) | $-0.13-285.7% | $0.07-94.8% | $1.35+1138.5% | $-0.13 | N/A | $0.20-66.1% | $0.59+345.8% | $-0.24 |
KSS Balance Sheet
| Metric | Q2'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $13.2B-6.9% | $14.1B+5.6% | $13.4B-1.8% | $13.6B+0.6% | $13.6B-9.9% | $15.1B+6.2% | $14.2B-0.7% | $14.3B |
| Current Assets | $3.7B-15.2% | $4.3B+24.0% | $3.5B-3.0% | $3.6B+5.7% | $3.4B-26.6% | $4.6B+24.3% | $3.7B+1.6% | $3.7B |
| Cash & Equivalents | $429.0M+197.9% | $144.0M-17.2% | $174.0M+13.7% | $153.0M+14.2% | $134.0M-23.0% | $174.0M-24.7% | $231.0M+1.3% | $228.0M |
| Inventory | $2.9B-25.6% | $3.9B+30.1% | $3.0B-4.6% | $3.1B+6.5% | $2.9B-28.2% | $4.1B+30.1% | $3.2B+2.2% | $3.1B |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $9.1B-10.5% | $10.2B+7.9% | $9.5B-4.0% | $9.9B+1.1% | $9.8B-13.3% | $11.3B+8.7% | $10.3B-1.1% | $10.5B |
| Current Liabilities | $2.5B-25.5% | $3.3B+29.8% | $2.5B-22.3% | $3.3B+4.8% | $3.1B-28.7% | $4.4B+27.8% | $3.4B+14.1% | $3.0B |
| Long-Term Debt | $1.4B-8.9% | $1.5B+0.1% | $1.5B+29.5% | $1.2B0.0% | $1.2B0.0% | $1.2B+0.1% | $1.2B-28.4% | $1.6B |
| Total Equity | $4.0B+2.4% | $3.9B+0.1% | $3.9B+3.9% | $3.8B-0.6% | $3.8B-0.1% | $3.8B-0.7% | $3.8B+0.4% | $3.8B |
| Retained Earnings | $1.2B+7.4% | $1.1B-0.5% | $1.1B+14.3% | $979.0M-2.9% | $1.0B-64.4% | $2.8B-1.2% | $2.9B+0.4% | $2.9B |
KSS Cash Flow Statement
| Metric | Q2'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$74.0M-159.7% | $124.0M-79.3% | $598.0M+750.0% | -$92.0M-115.4% | $596.0M+405.6% | -$195.0M-176.8% | $254.0M+3728.6% | -$7.0M |
| Capital Expenditures | $84.0M-22.2% | $108.0M+20.0% | $90.0M-18.2% | $110.0M+11.1% | $99.0M-22.7% | $128.0M+13.3% | $113.0M-10.3% | $126.0M |
| Free Cash Flow | -$158.0M-1087.5% | $16.0M-96.9% | $508.0M+351.5% | -$202.0M-140.6% | $497.0M+253.9% | -$323.0M-329.1% | $141.0M+206.0% | -$133.0M |
| Investing Cash Flow | -$84.0M+6.7% | -$90.0M-26.8% | -$71.0M+34.3% | -$108.0M-3.8% | -$104.0M+17.5% | -$126.0M-13.5% | -$111.0M+11.9% | -$126.0M |
| Financing Cash Flow | -$87.0M-35.9% | -$64.0M+87.4% | -$506.0M-331.1% | $219.0M+141.2% | -$532.0M-301.5% | $264.0M+288.6% | -$140.0M-178.7% | $178.0M |
| Dividends Paid | $14.0M0.0% | $14.0M0.0% | $14.0M0.0% | $14.0M-75.0% | $56.0M+1.8% | $55.0M-1.8% | $56.0M+1.8% | $55.0M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
KSS Financial Ratios
| Metric | Q2'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.1%+0.7pp | 42.4%-0.9pp | 43.3%+0.0pp | 43.3%+7.5pp | 35.8%-6.6pp | 42.4%-0.6pp | 43.0%-0.2pp | 43.1% |
| Operating Margin | 1.5%-0.6pp | 2.0%-5.8pp | 7.9%+6.0pp | 1.9%-0.1pp | 2.0%-0.7pp | 2.6%-1.8pp | 4.5%+3.2pp | 1.3% |
| Net Margin | -0.4%-0.7pp | 0.2%-4.1pp | 4.3%+4.8pp | -0.5%-1.1pp | 0.7%+0.1pp | 0.6%-1.2pp | 1.8%+2.6pp | -0.8% |
| Return on Equity | -0.4%-0.5pp | 0.2%-3.7pp | 3.9%+4.3pp | -0.4%-1.4pp | 0.9%+0.4pp | 0.6%-1.1pp | 1.7%+2.4pp | -0.7% |
| Return on Assets | -0.1%-0.2pp | 0.1%-1.1pp | 1.1%+1.3pp | -0.1%-0.4pp | 0.3%+0.1pp | 0.1%-0.3pp | 0.5%+0.7pp | -0.2% |
| Current Ratio | 1.48+0.2 | 1.30-0.1 | 1.36+0.3 | 1.090.0 | 1.08+0.0 | 1.05-0.0 | 1.08-0.1 | 1.21 |
| Debt-to-Equity | 0.34-0.0 | 0.390.0 | 0.39+0.1 | 0.310.0 | 0.310.0 | 0.310.0 | 0.31-0.1 | 0.43 |
| FCF Margin | -5.0%-5.4pp | 0.4%-13.9pp | 14.3%+20.6pp | -6.3%-15.2pp | 9.0%+17.7pp | -8.7%-12.5pp | 3.8%+7.7pp | -3.9% |
Similar Companies
Frequently Asked Questions
What is Kohls Corp's annual revenue?
Kohls Corp (KSS) reported $15.5B in total revenue for fiscal year 2026. This represents a -4.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Kohls Corp's revenue growing?
Kohls Corp (KSS) revenue declined by 4.3% year-over-year, from $16.2B to $15.5B in fiscal year 2026.
Is Kohls Corp profitable?
Yes, Kohls Corp (KSS) reported a net income of $272.0M in fiscal year 2026, with a net profit margin of 1.8%.
What is Kohls Corp's EBITDA?
Kohls Corp (KSS) had EBITDA of $1.3B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Kohls Corp have?
As of fiscal year 2026, Kohls Corp (KSS) had $429.0M in cash and equivalents against $1.4B in long-term debt.
What is Kohls Corp's gross margin?
Kohls Corp (KSS) had a gross margin of 40.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Kohls Corp's operating margin?
Kohls Corp (KSS) had an operating margin of 4.0% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Kohls Corp's net profit margin?
Kohls Corp (KSS) had a net profit margin of 1.8% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
Does Kohls Corp pay dividends?
Yes, Kohls Corp (KSS) paid $0.50 per share in dividends during fiscal year 2026.
What is Kohls Corp's return on equity (ROE)?
Kohls Corp (KSS) has a return on equity of 6.8% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Kohls Corp's free cash flow?
Kohls Corp (KSS) generated $1.0B in free cash flow during fiscal year 2026. This represents a 453.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Kohls Corp's operating cash flow?
Kohls Corp (KSS) generated $1.4B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Kohls Corp's total assets?
Kohls Corp (KSS) had $13.2B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Kohls Corp's capital expenditures?
Kohls Corp (KSS) invested $372.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Kohls Corp's current ratio?
Kohls Corp (KSS) had a current ratio of 1.48 as of fiscal year 2026, which is considered adequate.
What is Kohls Corp's debt-to-equity ratio?
Kohls Corp (KSS) had a debt-to-equity ratio of 0.34 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Kohls Corp's return on assets (ROA)?
Kohls Corp (KSS) had a return on assets of 2.1% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Kohls Corp's Altman Z-Score?
Kohls Corp (KSS) has an Altman Z-Score of 1.69, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Kohls Corp's Piotroski F-Score?
Kohls Corp (KSS) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Kohls Corp's earnings high quality?
Kohls Corp (KSS) has an earnings quality ratio of 5.07x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Kohls Corp cover its interest payments?
Kohls Corp (KSS) has an interest coverage ratio of 2.2x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Kohls Corp?
Kohls Corp (KSS) scores 42 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.