IMKTAINGLES MARKETS INC
Retail-Grocery Stores
- Revenue
- $5.3B
- 5.4% YoY
- Operating margin
- 2.2%
- 16% YoY
- EBITDA
- $240M
- 11% YoY
- Market cap
- —
- Employees
- 25,551
- $209K revenue each
- Net debt / EBITDA
- 2.1×
- $506M net debt
- AI in 10-K
- 0.0
- mentions per 10K words
Takeover score 1 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo184% of net incomeCash flow under 80% of net income
- Dilutive SBCNo—Over 10% of revenue
- Payouts exceed cash flowNo60% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo—Over 40% of assets
- Shareholder dissentNo81% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$209K per employeeBottom quartile of its SIC industry
- Quiet on AIYes0.0 per 10K words · 0th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo2.1× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedNo—Market cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$44K netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $5.0B | $5.7B | $5.9B | $5.6B | $5.3B | 5.4% |
| Operating income | $350M | $377M | $292M | $147M | $118M | 20% |
| Net income | $250M | $273M | $211M | $106M | $84M | 21% |
| Operating cash flow | $306M | $339M | $266M | $263M | $154M | 41% |
| Capex | $141M | $120M | $174M | $211M | $115M | 46% |
| Buybacks | $80M | — | — | — | — | |
| Dividends | $13M | $12M | $12M | $12M | $12M | 0.0% |
Deal filings
None.
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|---|---|---|---|
| Aug 24, 2022 | GAMCO INVESTORS, INC. ET AL | SC 13D/A | 6.8% | Passive |
| Jul 11, 2022 | GAMCO INVESTORS, INC. ET AL | SC 13D/A | 7.9% | Passive |
| Apr 5, 2022 | GAMCO INVESTORS, INC. ET AL | SC 13D/A | 8.9% | Passive |
| Jan 6, 2022 | GAMCO INVESTORS, INC. ET AL | SC 13D/A | 9.9% | Passive |
| Aug 18, 2021 | GAMCO INVESTORS, INC. ET AL | SC 13D/A | 10.9% | Passive |
| Mar 19, 2021 | GAMCO INVESTORS, INC. ET AL | SC 13D/A | 11.9% | Passive |
| Feb 8, 2021 | GAMCO INVESTORS, INC. ET AL | SC 13D/A | 13.0% | Active |
| Apr 6, 2020 | GAMCO INVESTORS, INC. ET AL | SC 13D/A | 5.9% | Passive |
| May 17, 2019 | GAMCO INVESTORS, INC. ET AL | SC 13D/A | 15.0% | Passive |
Insider trading
- Open-market buys, 12 mo
- $44K · 1
- Open-market sells, 12 mo
- $0 · 0
- Net
- $44K
Pay vs performance
No pay-versus-performance disclosure yet.