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Kohls

KSS on NYSE. Kohl's sells clothing, home products, and accessories to shoppers in stores and online. Market value $2.2bn.

Watch this stockFree. We tell you when something changes.

Price checks use the past 12 months to July 2026. Quality checks use five annual reports, the latest for the year to January 2026.

Should I look at this?

Not a fit for our list right now

Why it could be worth it

What to watch out for

See Retail & consumer stocks that passed both tests

This is not advice. Check the numbers below.

Compare with another stock

Cash yield
past 12 months to July 2026
46.5%very high

For every $100 of what the whole company costs, it produced $46.46 of spare cash in the past 12 months. A savings account pays about $4.

Price to profit
past 12 months to July 2026
7.9×cheap

You pay 7.9 years of operating profit for the business. The average large US company costs around 18.

Return on capital
five annual reports to January 2026
n/a

The filings do not give us enough to work this out.

Quality score: 51 of 100. Price score: 100 of 100. Our list needs 70 on quality and 60 on price.

$19.63 a share, 72% above its 1-year low

Over the past year the price has ranged from $11.38 to $25.22.

Dividend: 2.5% a year

Paid every year for at least 5 years

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

1.7
-0.5
0.6
0.2
1.0
1.0
2022202320242025202612 monthsto Jul '26
Revenue
$19.4bn$18.1bn$17.5bn$16.2bn$15.5bn
Operating margin
8.6%1.4%4.1%2.7%4.0%
Debt to equity
0.791.151.020.950.85
Shares outstanding
0.11bn0.11bn0.11bn0.11bn0.11bn

Health checks

  • Free cash flow positive4 of 5 years
  • Accounting looks honest (Beneish)Not enough data
  • Financial strength (Piotroski)7 of 8 checks we could run
  • Profit backed by cash (accruals)Yes
  • Debt0.85× equity
  • Revenue growth, five yearsShrinking, 0.5% a year
  • Buying back its own sharesRoughly flat

The quarter to July 2026

How the business did, compared with the same quarter a year earlier.

  • Sales: $3.5 billion last quarter, about the same as a year ago.
  • Profit: $151 million, down 1% on a year ago.
  • It keeps 4 cents of each $1 of sales as operating profit, about the same as a year earlier.
  • Spare cash over the past 12 months: $1 billion, up from $480 million.
  • 4% more shares than a year ago. Each share owns a bit less of the company.
  • Debt is $2.4 billion more than cash, down from $3.4 billion a year ago.
  • Sales did not grow on a year ago in any of the last 4 quarters.
Sales by quarter
Sales by quarter
Quarter toAmount
October 2024$3.7bn
January 2025$5.4bn
April 2025$3.2bn
July 2025$3.5bn
October 2025$3.6bn
January 2026$5.2bn
April 2026$3.2bn
July 2026$3.5bn
Profit by quarter
Profit by quarter
Quarter toAmount
October 2024$22m
January 2025$48m
April 2025-$15m
July 2025$153m
October 2025$8m
January 2026$125m
April 2026-$14m
July 2026$151m

From the company's quarterly reports to the SEC.

Dates

Next results (estimated)
n/a
Last annual report (10-K)
19 March 2026
Next quarterly (estimated, 10-Q)
3 December 2026

Who owns it

4 long-term investors we follow own it, down from 5 last quarter. 369 funds in all.

Jun '25
Dec '25
Jun '26

Sold out this quarter

Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

4 investors own more than 5%.

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

No insider bought shares on the open market in the last 12 months. 4 sold $2m, $2m of it under preset trading plans.

  • Raymond Christie
    Sr. EVP, Chief Marketing Off.
    Sold
    under a preset trading plan
    Date
    3 August 2026
    Shares
    15,000
    Price
    $20.00
    Value
    $300,000
  • Kent Jennifer J.
    Sr. EVP, CLO & Corp. Sec.
    Sold
    under a preset trading plan
    Date
    3 August 2026
    Shares
    22,942
    Price
    $20.00
    Value
    $458,840
  • Steinmetz Mari
    Sr. EVP, Chief People Officer
    Sold
    under a preset trading plan
    Date
    16 July 2026
    Shares
    53
    Price
    $17.17
    Value
    $910
  • Steinmetz Mari
    Sr. EVP, Chief People Officer
    Sold
    under a preset trading plan
    Date
    15 April 2026
    Shares
    351
    Price
    $13.51
    Value
    $4,742
  • Steinmetz Mari
    Sr. EVP, Chief People Officer
    Sold
    under a preset trading plan
    Date
    6 April 2026
    Shares
    112
    Price
    $12.98
    Value
    $1,454
  • Steinmetz Mari
    Sr. EVP, Chief People Officer
    Sold
    under a preset trading plan
    Date
    1 April 2026
    Shares
    1,847
    Price
    $13.01
    Value
    $24,029
  • Steinmetz Mari
    Sr. EVP, Chief People Officer
    Sold
    under a preset trading plan
    Date
    31 March 2026
    Shares
    107
    Price
    $12.65
    Value
    $1,354
  • Steinmetz Mari
    Sr. EVP, Chief People Officer
    Sold
    under a preset trading plan
    Date
    30 March 2026
    Shares
    606
    Price
    $12.33
    Value
    $7,472
  • Steinmetz Mari
    Sr. EVP, Chief People Officer
    Sold
    under a preset trading plan
    Date
    26 March 2026
    Shares
    457
    Price
    $12.50
    Value
    $5,713
  • Steinmetz Mari
    Sr. EVP, Chief People Officer
    Sold
    under a preset trading plan
    Date
    20 March 2026
    Shares
    1,583
    Price
    $12.81
    Value
    $20,278

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

None of the warning signs we check for were found.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 19 Mar 2026, plus the 10-Q filed 3 Sep 2026 and 10 later 8-Ks.

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

What could go wrong

  • Sales have shrunk: 0.5% a year.

Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.