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Kohls Corp (KSS) stock

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NYSE: KSS NYSE Broadline Retail Next results ~November 24, 2026

C Fundamentals grade

Kohls Corp is a US-listed company in the broadline retail industry. Its financial year ends in January.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: our cash-flow value ($89.37) was left out of our combined valuation (it is more than 3x away from the median of our other models), so it can't be the basis of a rating.

Price vs value

Under review: our cash-flow value ($89.37) was left out of our combined valuation (it is more than 3x away from the median of our other models), so it can't be the basis of a rating. We'll show the comparison once resolved.

Kohls Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 4 selling0 purchases and 15 sales by directors and officers, last 12 monthsInsider trades
  • Funds164 adding, 184 cuttingOf 58 active managers that changed their stake, 28 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Kohls files

Where Kohls stands after its latest 10-Q

Revenue for the twelve months to August 2026 was $15.4bn, down 2.9% on a year earlier, a smaller fall than the 3.8% decline a quarter earlier. That puts it 8 of 8 for growth among the broadline retail companies we cover. Free-cash-flow margin rose to 6.7% from 3.0% a year earlier. The diluted share count is up 2.4% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 4 of our 5 financial-health checks.

Our model value for Kohls is under review, so past values are not shown until it is resolved.

Source: 10-Q filed September 3, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 24, 2026 (estimated)

Kohls Corp's trailing-twelve-month revenue fell 2.9% year on year, with a free-cash-flow margin of 6.7%. Where it lags: change in share count of 2.4% ranks 19 of 22 broadline retail companies we cover.

Our discounted-cash-flow model values the business at ~$89 per share in the base case (~$66–$120 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 115.4% while net income grew 29.8%: a 86pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 5.5% over 90 days.

Things to watch

  • Revenue shrinking. Revenue fell 2.9% over the last 12 months.
  • Share dilution. Diluted shares rose 2.4% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 74% and a beta of 1.6 against the S&P 500.
  • Heavily shorted. 32.4% of the shares available to trade are sold short (7.8 days of average volume to cover).
  • Earnings expected to fall. The consensus expects earnings per share to fall 27% next year.

Latest results: FY2027 Q2

Filed September 3, 2026
Earnings per share
$1.28 against an average estimate of $0.57: beat by 124.1%
Revenue
$3.52bn, down 0.9% on a year earlier
Share reaction
+2.7% in the first session after the results on August 26, 2026, against +0.7% for the S&P 500
Guidance given
adjusted Operating margin 3.5% to 4% (full year 2026); adjusted Diluted EPS $1.8 to $2.4 (full year 2026)
Next report
November 24, 2026; average EPS estimate -$0.00

Kohls' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.7%
  • 1 week+2.1%
  • 1 month+28.4%
  • This year+21.3%
  • 1 year+52.9%
  • 5 years-41.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$15.4B
Operating margin
3.8%
Net margin
1.7%
EPS (TTM, diluted)
$2.34

Growth

Revenue growth
−2.9%
Change in growth rate
+0.9 pts
Share count change
+2.4%

Cash

Free cash flow (TTM)
$1B
FCF margin
6.7%
Stock pay % of revenue
0.2%

Earnings

Last results
August 26, 2026
Next results (est.)
November 24, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Leadership
  3. Results
  4. Guidance
  5. Leadership
  6. Announcement
  7. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Kohls Corp valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: our cash-flow value ($89.37) was left out of our combined valuation (it is more than 3x away from the median of our other models), so it can't be the basis of a rating.

Our value per share comes from a discounted-cash-flow model of Kohls Corp's free cash flow after stock-based pay ( $675M, FY2027 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Kohls Corp as an operating company, with every model that fits that kind of business. Cost of equity 10.1%: the 10-year Treasury yield (4.9%) plus a beta of 1.15 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$89 ~$66–$120 Left out: far from the other models (more than 3x away from their median)
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$30 ~$28–$34 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$24 ~$18–$32 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$18 ~$16–$20 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Kohls Corp with Broadline Retail in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026Now
Share price$28.87$23.66$40.58$44.14$29.76$31.81$44.22$24.46$22.35$12.37$17.05$24.15
Market value$5.6bn$4.2bn$6.8bn$7.3bn$4.7bn$4.9bn$6.5bn$2.9bn$2.5bn$1.4bn$1.9bn$2.8bn
+ Net debt (− = net cash)−$707m−$1.1bn−$1.3bn−$934m−$723m−$2.3bn−$1.6bn−$153m−$183m−$134m−$674m$504m
Enterprise value$4.9bn$3.2bn$5.5bn$6.3bn$4.0bn$2.6bn$5.0bn$2.8bn$2.3bn$1.3bn$1.3bn$3.3bn
Multiples
Price / sales 0.3x0.2x0.3x0.4x0.2x0.3x0.3x0.2x0.1x0.1x0.1x0.2x
Price / earnings 8.4x7.6x7.9x9.1x6.8x—7.0x—7.8x12.7x7.1x10.3x
Price / free cash flow 7.1x3.1x6.7x4.8x5.9x4.9x3.9x—4.2x7.6x1.9x2.7x
EV / EBITDA 2.0x1.5x2.3x2.7x2.0x4.3x2.0x2.6x1.6x1.1x1.0x2.6x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

43 /100

Weak moat

How hard Kohls's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 2 / 20

    Net income has been a median 3.2% of total assets over 10 years.

  • Pricing power 14 / 20

    Gross margin has been a median 39.8%, moving by 2.0 percentage points (standard deviation) across 10 years.

  • Durability 0 / 20

    Operating margin has been a median 4.9%; its worst year was 0.0%.

  • Cash conversion 11 / 20

    Free cash flow was positive in 9 of 10 years, at a median 4.3% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 25.6% over five years; stock-based pay has been a median 0.2% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (48 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 24, 2026, before the open. Analysts expect revenue of $3.4bn and EPS of −$0.00 (range −$0.12 to $0.10) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $2.14 +32% $14.9bn +1%
Next $1.56 −27% $14.9bn +0%

Next year's EPS estimate has moved +5.5% in 90 days, across 13 analysts.

Earnings against estimates

Quarter toEstimateActualSurprise
Jul 2026 $0.57 $1.28 +124.1%
Apr 2026 −$0.19 −$0.13 +31.5%
Jan 2026 $0.84 $1.07 +26.7%
Oct 2025 −$0.16 $0.10 +160.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 26, 2026
  • Adjusted Diluted EPS full year 2026 $1.80 to $2.40 Non-GAAP Raised
    “Adjusted Diluted EPS: In the range of $1.80 to $2.40 (b)” source
  • Adjusted Operating margin full year 2026 3.5% to 4% Non-GAAP Raised
    “Adjusted Operating margin: In the range of 3.5% to 4.0% (b)” source
  • Capital Expenditures full year 2026 $350m to $400m Raised
    “Capital Expenditures: In the range of $350 million to $400 million” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Kohls Corp's revenue by +1.8% next year and +1.3% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+1.8%, weight 68%) and the company's own record (+2.0%, weight 32%) . How the weights are set.

Analyst recommendations

13 analysts, Oct 2026
Buy215%
Hold646%
Sell538%

Monthly trend

  1. Oct 2026263213
  2. Sep 2026273214
  3. Aug 2026273214
  4. Jul 2026273214

Counts of recommendations published by analysts covering Kohls Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
32.4%
of tradable shares
Days to cover
7.75
at average volume
Short interest, 1 month
+1%
to September 30, 2026
Held by institutions
—
of shares
Held by insiders
4.2%
of shares
Employees
84,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +52.9%

$15.79 on October 31, 2025 to $24.15

ThenNowEffect
Revenue (last 12 months) $15.9bn $15.4bn −2.9%
Net margin 1.3% 1.7% +33.6%
P/E multiple 8.5x 10.3x +20.7%
Share count 113m 115m −2.4%

Biggest factor: net margin.

Last 3 years +18.7%

$20.34 on November 3, 2023 to $24.15

ThenNowEffect
Revenue (last 12 months) $17.8bn $15.4bn −13.1%
P/S multiple 0.1x 0.2x +41.6%
Share count 111m 115m −3.5%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
KSS+24%−46%+24%−46%+52%+21%
Industry peers (median)+28%−45%−3%+25%+5%−13%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
KSS50%33%50%33%58%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
KSS−30%−60%−47%−49%−56%−47%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 89% from November 9, 2018 to April 16, 2025. Getting back needed a 822% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$11.55 – $24.78
From 52-week high
−2.5%
vs 50-day average
+23.0%
vs 200-day average
+43.6%
Volatility (1 year)
74%
Beta vs S&P 500
1.60

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±14.8%
After a week
7 up, 5 down
typical move ±16.9%
After a month
7 up, 5 down
typical move ±19.6%
Results releasedNext dayS&P 500 next day5 days21 days
August 26, 2026 +2.7% +0.7% +8.7% +1.9%
May 28, 2026 +11.1% +0.8% +23.4% +43.8%
March 10, 2026 −6.8% −0.3% −14.3% −6.5%
November 25, 2025 +53.2% +1.6% +46.0% +37.9%
August 27, 2025 +17.9% +0.6% +25.9% +25.4%
May 29, 2025 +0.4% +0.3% +5.8% +6.1%
May 1, 2025 +11.9% +2.2% +5.4% +21.8%
March 11, 2025 −28.5% −0.3% −30.9% −34.6%
November 26, 2024 −19.6% +0.2% −16.6% −19.0%
August 28, 2024 +0.9% −0.6% +4.5% +9.4%
May 30, 2024 −17.8% +0.2% −17.6% −17.9%
March 12, 2024 −7.0% +0.9% −4.3% −11.1%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Kohls Corp in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Kohls Corp
$15B $16B $17B $18B FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue (TTM), FY24 Q3: $17.5B Revenue (TTM), FY24 Q4: $17.5B Revenue (TTM), FY25 Q1: $17.3B Revenue (TTM), FY25 Q2: $17.1B Revenue (TTM), FY25 Q3: $16.8B Revenue (TTM), FY25 Q4: $16.2B Revenue (TTM), FY26 Q1: $16.1B Revenue (TTM), FY26 Q2: $15.9B Revenue (TTM), FY26 Q3: $15.8B Revenue (TTM), FY26 Q4: $15.5B Revenue (TTM), FY27 Q1: $15.5B Revenue (TTM), FY27 Q2: $15.4B $15.4B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY24 Q3 $17.5B
FY24 Q4 $17.5B
FY25 Q1 $17.3B
FY25 Q2 $17.1B
FY25 Q3 $16.8B
FY25 Q4 $16.2B
FY26 Q1 $16.1B
FY26 Q2 $15.9B
FY26 Q3 $15.8B
FY26 Q4 $15.5B
FY27 Q1 $15.5B
FY27 Q2 $15.4B
Revenue growth, TTM YoY Kohls Corp
-8% -6% -4% -2% 0% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Revenue growth, TTM YoY, FY24 Q3: -5.6% Revenue growth, TTM YoY, FY24 Q4: -3.4% Revenue growth, TTM YoY, FY25 Q1: -3.7% Revenue growth, TTM YoY, FY25 Q2: -3.6% Revenue growth, TTM YoY, FY25 Q3: -4.3% Revenue growth, TTM YoY, FY25 Q4: -7.2% Revenue growth, TTM YoY, FY26 Q1: -7.0% Revenue growth, TTM YoY, FY26 Q2: -7.2% Revenue growth, TTM YoY, FY26 Q3: -6.1% Revenue growth, TTM YoY, FY26 Q4: -4.3% Revenue growth, TTM YoY, FY27 Q1: -3.8% Revenue growth, TTM YoY, FY27 Q2: -2.9% -2.9%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q3 -5.6%
FY24 Q4 -3.4%
FY25 Q1 -3.7%
FY25 Q2 -3.6%
FY25 Q3 -4.3%
FY25 Q4 -7.2%
FY26 Q1 -7.0%
FY26 Q2 -7.2%
FY26 Q3 -6.1%
FY26 Q4 -4.3%
FY27 Q1 -3.8%
FY27 Q2 -2.9%
Operating margin (TTM) Kohls Corp
0% 2% 4% 6% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 Operating margin (TTM), FY24 Q3: 0.7% Operating margin (TTM), FY24 Q4: 4.1% Operating margin (TTM), FY25 Q1: 3.8% Operating margin (TTM), FY25 Q2: 3.9% Operating margin (TTM), FY25 Q3: 3.6% Operating margin (TTM), FY25 Q4: 2.7% Operating margin (TTM), FY26 Q1: 2.8% Operating margin (TTM), FY26 Q2: 3.5% Operating margin (TTM), FY26 Q3: 3.4% Operating margin (TTM), FY26 Q4: 4.0% Operating margin (TTM), FY27 Q1: 3.9% Operating margin (TTM), FY27 Q2: 3.8% 3.8%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q3 0.7%
FY24 Q4 4.1%
FY25 Q1 3.8%
FY25 Q2 3.9%
FY25 Q3 3.6%
FY25 Q4 2.7%
FY26 Q1 2.8%
FY26 Q2 3.5%
FY26 Q3 3.4%
FY26 Q4 4.0%
FY27 Q1 3.9%
FY27 Q2 3.8%
FCF margin (TTM) Kohls Corp
0% 2% 4% 6% 8% FY24 Q3 FY25 Q2 FY26 Q1 FY27 Q2 FCF margin (TTM), FY24 Q3: 2.8% FCF margin (TTM), FY24 Q4: 3.4% FCF margin (TTM), FY25 Q1: 4.4% FCF margin (TTM), FY25 Q2: 4.1% FCF margin (TTM), FY25 Q3: 2.3% FCF margin (TTM), FY25 Q4: 1.1% FCF margin (TTM), FY26 Q1: 0.7% FCF margin (TTM), FY26 Q2: 3.0% FCF margin (TTM), FY26 Q3: 5.2% FCF margin (TTM), FY26 Q4: 6.5% FCF margin (TTM), FY27 Q1: 6.8% FCF margin (TTM), FY27 Q2: 6.7% 6.7%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q3 2.8%
FY24 Q4 3.4%
FY25 Q1 4.4%
FY25 Q2 4.1%
FY25 Q3 2.3%
FY25 Q4 1.1%
FY26 Q1 0.7%
FY26 Q2 3.0%
FY26 Q3 5.2%
FY26 Q4 6.5%
FY27 Q1 6.8%
FY27 Q2 6.7%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar Kohls took in during FY2026, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $15.5B
  2. Cost of revenue $9.2B · 59.4%
  3. Gross profit $6.3B · 40.6%
  4. Selling, general and admin $5.1B · 32.8%
  5. Other operating costs $586M · 3.8%
  6. Operating income $624M · 4.0%
  7. Interest and other $288M · 1.9%
  8. Net income $272M · 1.8%

Shares of revenue. Source: Kohls's 10-K for FY2026, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Jan 2010 2011 Jan 2011 2012 Jan 2012 2013 Feb 2013 2014 Feb 2014 2015 Jan 2015 2016 Jan 2016 2017 Jan 2017 2018 Feb 2018 2019 Feb 2019 2020 Feb 2020 2021 Jan 2021 2022 Jan 2022 2023 Jan 2023 2024 Feb 2024 2025 Feb 2025 2026 Jan 2026 LTM Aug 2026
Income
Revenue 17.2 18.4 18.8 19.3 19.0 19.0 19.2 19.7 20.1 20.2 20.0 16.0 19.4 18.1 17.5 16.2 15.5 15.4
Gross profit 6.5 7.0 7.2 7.0 6.9 6.9 6.9 6.7 6.9 8.0 7.8 5.6 8.0 6.6 7.0 6.6 6.3 6.4
EBITDA 2.5 2.8 2.9 2.7 2.6 2.6 2.5 2.1 2.4 2.3 2.0 0.6 2.5 1.1 1.5 1.2 1.3 1.3
Operating income 1.9 2.1 2.2 1.9 1.7 1.7 1.6 1.2 1.4 1.4 1.1 −0.3 1.7 0.2 0.7 0.4 0.6 0.6
Net income 1.0 1.1 1.2 1.0 0.9 0.9 0.7 0.6 0.9 0.8 0.7 −0.2 0.9 −0.0 0.3 0.1 0.3 0.3
Diluted EPS $3.17 $3.66 $4.30 $4.17 $4.05 $4.24 $3.46 $3.11 $5.12 $4.84 $4.37 −$1.06 $6.32 −$0.15 $2.85 $0.98 $2.38 $2.34
Growth (year on year)
Revenue +4.8% +7.1% +2.2% +2.5% −1.3% −0.0% +1.0% +2.5% +2.0% +0.7% −1.3% −20.1% +21.8% −6.9% −3.4% −7.2% −4.3% −2.9%
EBITDA +11.4% +11.6% +3.3% −7.3% −3.4% −2.1% −3.4% −14.7% +13.5% −3.4% −13.3% −69.6% +311.4% −58.1% +39.1% −19.8% +12.6% +0.7%
Operating income +12.4% +12.5% +3.2% −12.4% −7.8% −3.0% −8.1% −23.8% +19.7% −3.9% −19.3% −123.8% — −85.4% — −39.6% +44.1% +5.2%
Net income +13.5% +15.1% +4.2% −15.5% −9.8% −2.5% −22.4% −17.4% +54.5% −6.8% −13.7% −123.6% — −102.0% — — — —
Diluted EPS +13.2% +15.5% +17.5% −3.0% −2.9% +4.7% −18.4% −10.1% +64.6% −5.5% −9.7% −124.3% — −102.4% — — — —
Margins
Gross margin 37.8% 38.2% 38.2% 36.3% 36.5% 36.4% 36.1% 34.3% 34.5% 39.7% 39.2% 35.1% 41.1% 36.7% 39.9% 40.4% 40.6% 41.2%
EBITDA margin 14.8% 15.5% 15.6% 14.1% 13.8% 13.5% 13.0% 10.8% 12.0% 11.5% 10.1% 3.8% 13.0% 5.8% 8.4% 7.2% 8.5% 8.4%
Operating margin 10.8% 11.4% 11.5% 9.8% 9.2% 8.9% 8.1% 6.0% 7.1% 6.7% 5.5% −1.6% 8.6% 1.4% 4.1% 2.7% 4.0% 3.8%
Net margin 5.7% 6.1% 6.2% 5.1% 4.7% 4.6% 3.5% 2.8% 4.3% 4.0% 3.5% −1.0% 4.8% −0.1% 1.8% 0.7% 1.8% 1.7%
Free-cash-flow margin 9.4% 5.2% 6.4% 2.5% 6.5% 7.1% 4.1% 7.0% 5.1% 7.6% 4.0% 6.3% 8.6% −3.0% 3.4% 1.1% 6.5% 6.7%
Cash flow
Cash from operations 2.3 1.8 2.1 1.3 1.9 2.0 1.5 2.2 1.7 2.1 1.7 1.3 2.3 0.3 1.2 0.6 1.4 1.4
Capital spending 0.7 0.8 0.9 0.8 0.6 0.7 0.7 0.8 0.7 0.6 0.9 0.3 0.6 0.8 0.6 0.5 0.4 0.3
Free cash flow 1.6 0.9 1.2 0.5 1.2 1.3 0.8 1.4 1.0 1.5 0.8 1.0 1.7 −0.5 0.6 0.2 1.0 1.0
Stock-based pay 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Free cash flow after stock pay 1.5 0.9 1.2 0.4 1.2 1.3 0.7 1.3 1.0 1.4 0.7 1.0 1.6 −0.6 0.5 0.2 1.0 1.0
Balance sheet
Cash 2.3 1.2 0.5 0.5 1.0 1.4 0.7 1.1 1.3 0.9 0.7 2.3 1.6 0.2 0.2 0.1 0.7 0.8
Total debt — — — — — — — — — — — — — — — — — 1.3
Net debt (negative = net cash) −2.3 −1.2 −0.5 −0.5 −1.0 −1.4 −0.7 −1.1 −1.3 −0.9 −0.7 −2.3 −1.6 −0.2 −0.2 −0.1 −0.7 0.5
Diluted shares 306m 306m 271m 237m 220m 204m 195m 179m 168m 165m 158m 154m 148m 120m 111m 112m 114m 115m
Returned to shareholders
Dividends — 0.0 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.1 0.1 0.2 0.2 0.2 0.1 0.1
Buybacks 0.0 1.0 2.3 1.3 0.8 0.7 1.0 0.6 0.3 0.4 0.5 0.0 1.4 0.7 — 0.0 — —
Total returned 0.0 1.0 2.6 1.6 1.1 1.0 1.4 0.9 0.7 0.8 0.9 0.1 1.5 0.9 0.2 0.2 0.1 0.1

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

4 of 5 checks passed · August 1, 2026
What it owns · $13.4bn
Short-term assets $4.0bnLonger-term assets $9.4bn
What it owes, and who funded it · $6.9bn
Short-term liabilities $2.7bnShareholders' equity $4.2bn
  • Short-term assets cover short-term liabilities $4.0bn of assets due within a year against $2.7bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $821m of cash against $1.3bn of debt.
  • Debt below 40% of shareholders' equity Debt is 32% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 41% to 32% over five years.
  • A year's operating cash flow covers at least 20% of debt $1.4bn of operating cash flow against $1.3bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Kohls Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$56M
Diluted share count
+2.4%
year over year
Total shareholder yield
2.0%
dividends 2.0% + buybacks 0.0% of market value
Dividend payout ratio
21%
of net income paid out
Sales & admin spending
32.8%
of revenue

Competitors: side by side with peers

Closest by revenue in broadline retail
Last 12 months unless stated KSS VIPS EBAY M CPNG DDS Median
Revenue, last 12 months $15.4bn $14.7bn $12.4bn $22.8bn $35.5bn $6.6bn $2.8bn
Revenue growth, last 12 months −2.9% −2.2% 15.7% 0.3% 9.9% 0.2% 4.4%
Revenue growth, 3-year average −4.6% 105.6% 7.2% −2.4% 17.1% −1.7% 9.1%
Revenue growth, latest quarter −0.9% — 13.7% 1.2% 3.9% −0.4% 9.1%
Gross margin 41.2% 23.1% 72.2% 40.7% 28.4% 39.8% 44.4%
Operating margin 3.8% 7.7% 20.3% 5.0% −1.8% — 2.5%
Operating margin, 3-year average 3.8% 5.4% 20.7% 3.3% 0.4% — 2.8%
Net margin 1.7% 6.8% 16.9% 3.3% −2.2% 10.3% 1.7%
Cash from operations / revenue 8.8% 7.0% 24.6% 7.7% 4.0% 11.0% 4.0%
Free-cash-flow margin 6.7% 5.2% 19.5% 6.2% 0.3% 9.6% 2.1%
Free-cash-flow margin, 3-year average 4.6% 2.3% 15.8% 4.4% 2.7% 9.7% 3.0%
Stock pay / revenue 0.2% 1.6% 5.4% 0.3% 1.5% — 0.7%
Change in share count 2.4% −5.1% −3.7% −2.4% −0.6% −9.5% −0.4%

Median of all 23 companies we cover in broadline retail. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

23 broadline retail companies
Measure Company Peer median Rank
Revenue growth Growth -2.9% 4.4% 18 of 23
Change in growth rate Growth +0.9pp +0.9pp 12 of 23
Gross margin Profitability 41.2% 44.4% 13 of 22
Operating margin Profitability 3.8% 3.6% 10 of 22
Net margin Profitability 1.7% 1.7% 12 of 23
Free-cash-flow margin Cash generation 6.7% 2.1% 6 of 23
Stock pay as % of revenue Cash generation 0.2% 0.8% 6 of 22
Long-term debt as % of assets Balance sheet 9.9% 6.2% 8 of 12
Change in share count Balance sheet 2.4% 0.1% 19 of 22

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to January 31, 2026
Products and services
Line of business Revenue Share YoY
Products $14.8B 94.4% ▼ 4.0%
Other $752M 4.8% ▼ 10.0%
Gift Card $117M 0.7% ▼ 7.9%

From Kohls Corp's 10-K filed March 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$2.1B
Institutions reporting
366
Shares held vs prior quarter
▼ 1.8%
Positions opened / closed
51 / 57

Top buyers and sellers, Q2 2026: 164 institutions bought and 184 sold ; the biggest buyer was Citadel Advisors LLC (+1.8M shares) and the biggest seller Qube Research & Technologies Ltd (−1.9M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $371M 20.9M 17.5% ▲ 8.9%
Vanguard Portfolio Management LLC $130M 7.3M 6.1% ▲ 3.7%
American Century Companies Inc $110M 6.2M 5.2% ▲ 7.0%
Dimensional Fund Advisors LP $98.8M 5.6M 4.7% ▼ 12.1%
State Street Corp $90M 5.1M 4.3% ▲ 4.2%
Goldman Sachs Group Inc $85.9M 4.8M 4.1% ▲ 5.8%
Vanguard Capital Management LLC $84.7M 4.8M 4.0% ▲ 0.8%
Allianz Asset Management Gmbh $69.8M 4.2M 3.3% ▲ 18.0%
Morgan Stanley $61.9M 3.5M 2.9% ▼ 5.2%
Geode Capital Management, LLC $53.1M 3.0M 2.5% ▼ 4.2%
Jane Street Group, LLC $47.7M 2.7M 2.3% ▲ 30.4%
Invesco Ltd. $46.5M 2.6M 2.2% ▲ 11.8%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Kohls Corp's complete shareholder register. Values are as reported by the filers ; 4 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $2.7M 15 trades by 4 insiders · 100% under pre-set plans
Net ▼ $2.7M net selling
Insider Date Trade Shares Price Value
Kent Jennifer J. Chief Legal & Corp Affairs Off October 22, 2026 Sell pre-set plan 22,940 $24.00 $550,560
Kent Jennifer J. Chief Legal & Corp Affairs Off October 15, 2026 Sell pre-set plan 18,352 $22.00 $403,744
Kent Jennifer J. Chief Legal & Corp Affairs Off October 13, 2026 Sell pre-set plan 4,588 $22.00 $100,936
Kent Jennifer J. Sr. EVP, CLO & Corp. Sec. August 3, 2026 Sell pre-set plan 22,942 $20.00 $458,840
Raymond Christie Sr. EVP, Chief Marketing Off. August 3, 2026 Sell pre-set plan 15,000 $20.00 $300,000
Steinmetz Mari Sr. EVP, Chief People Officer July 16, 2026 Sell pre-set plan 53 $17.17 $910
Steinmetz Mari Sr. EVP, Chief People Officer April 15, 2026 Sell pre-set plan 351 $13.51 $4,742
Steinmetz Mari Sr. EVP, Chief People Officer April 6, 2026 Sell pre-set plan 112 $12.98 $1,454
Steinmetz Mari Sr. EVP, Chief People Officer April 1, 2026 Sell pre-set plan 1,847 $13.01 $24,029
Steinmetz Mari Sr. EVP, Chief People Officer March 31, 2026 Sell pre-set plan 107 $12.65 $1,354
Steinmetz Mari Sr. EVP, Chief People Officer March 30, 2026 Sell pre-set plan 606 $12.33 $7,472
Steinmetz Mari Sr. EVP, Chief People Officer March 26, 2026 Sell pre-set plan 457 $12.50 $5,712

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 11 trades and filings

No trades in Kohls Corp disclosed in the last 12 months; 11 earlier trades on record.

  • Dean Phillips(D-MN 3):Sale (full), $1,001 - $15,000, traded April 2, 2020, filed May 7, 2020
  • Dean Phillips(D-MN 3):Purchase, $1,001 - $15,000, traded February 28, 2020, filed March 12, 2020
  • Gilbert Ray Cisneros, Jr.(D-CA 39):Sale (full), $1,001 - $15,000, traded December 6, 2019, filed January 10, 2020

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 24, 2026 estimated from the company's past filing pattern, not announced

  • August 26, 2026
  • May 28, 2026
  • March 10, 2026
  • November 25, 2025
  • August 27, 2025
  • May 29, 2025

Recent SEC filings

Data status

When each part of this page on Kohls Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Kohls Corp in brief

What does Kohls Corp do?
Kohls Corp is a US-listed company in the broadline retail industry. Its financial year ends in January.
What is Kohls Corp's stock ticker?
Kohls Corp trades under the ticker KSS on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Kohls Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Kohls Corp reported revenue of $15.4B, 2.9% lower than a year earlier, according to its SEC filings.
What is Kohls Corp's free cash flow?
Kohls Corp's free-cash-flow margin is 6.7% of revenue over the trailing twelve months, ranking 6 of the 23 broadline retail companies we cover.
Who are Kohls Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and American Century Companies Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Kohls Corp's market cap?
On November 2, 2026, Kohls Corp's market capitalisation was about $2.8B, with a price-to-earnings ratio of 10.3 and net debt of $504M. Market figures come from third-party market data and may be delayed.
Does Kohls Corp pay a dividend?
Yes: Kohls Corp paid $56M in dividends over the trailing twelve months, a dividend yield of 1.97% and a payout ratio of 20.7%.
How much debt does Kohls Corp have?
Kohls Corp's debt-to-equity ratio is 31.8%, from its latest balance sheet (41.0% five years earlier). The financial health section below sets out its other solvency checks.
Who are Kohls Corp's competitors?
In our Broadline Retail peer group, the companies closest to Kohls Corp are Vipshop Holdings Ltd, eBay Inc., Macy's, Inc., Coupang, Inc. and Dillard's, Inc. The side-by-side comparison below sets their revenue, margins and growth against Kohls Corp's.
Are insiders buying or selling Kohls Corp stock?
Over the last 12 months, Kohls Corp's directors and officers reported 0 open-market purchases and 15 sales on Form 4. The insider trading page charts every trade.
When is Kohls Corp's next earnings date?
Around November 24, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Kohls Corp announces its own schedule.