Albertsons Companies, Inc. (NYSE: ACI) Earnings Report Highlights

• Albertsons Companies, Inc. (NYSE:ACI) reported Q3 2024 earnings with revenue of approximately $18.77 billion, missing estimates.
• The company's price-to-earnings (P/E) ratio stands at 11.07, indicating market valuation of its earnings.
• ACI's debt-to-equity ratio is high at 4.22, pointing to a significant level of debt.

Albertsons Companies, Inc. (NYSE:ACI) is a major player in the grocery industry, operating numerous supermarket chains across the United States. The company competes with other large retailers like Kroger and Walmart. On January 8, 2025, ACI reported its earnings for the third quarter of 2024, revealing a revenue of approximately $18.77 billion, which was slightly below the estimated $18.93 billion.

The earnings call, held on the same day, featured key figures such as CEO Vivek Sankaran and CFO Sharon McCollam. Analysts from major financial institutions like JPMorgan and Wells Fargo participated, highlighting the significance of ACI's financial performance. Despite the revenue shortfall, the company's earnings exceeded expectations, leading to a rise in ACI's stock price.

ACI's financial metrics provide further insight into its market position. The company has a price-to-earnings (P/E) ratio of 11.07, indicating how the market values its earnings. Its price-to-sales ratio of 0.14 suggests a relatively low market valuation compared to its revenue, while the enterprise value to sales ratio of 0.32 reflects a modest enterprise value in relation to sales.

The company's financial health is also evident in its earnings yield of 9.03%, offering a glimpse into the return on investment for shareholders. However, ACI's debt-to-equity ratio is high at 4.22, indicating a significant level of debt compared to equity. The current ratio of 0.93 suggests that ACI has slightly less than enough current assets to cover its current liabilities, which could be a point of concern for investors.