WinstonWınston
Back
Koninklijke Ahold Delhaize N.V. logo

Koninklijke Ahold Delhaize N.V.

AHOG.DE
51
Grocery Stores · Consumer Defensive
Exchange
Frankfurt Stock Exchange
Winston Score
51
Winston is curious
Mixed quality — meaningful strengths and weaknesses.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Mixed
Growth
Good
Cash Flow
Strong
Stability
Good
Valuation
Strong
Dividends
Strong

Winston Score History

The full picture

Ahold Delhaize is a large grocery and food retail company based in the Netherlands. It owns well-known supermarket chains across the United States and Europe, including Stop & Shop, Food Lion, Giant, and Albert Heijn. The company serves everyday shoppers looking for groceries, household goods, and fresh food, making it one of the largest food retailers in the world by sales.

The company earns money primarily by selling products in its physical stores and through its growing online grocery platforms, like Peapod Digital Labs in the US. It operates roughly 7,000 stores across the US, the Netherlands, Belgium, and several other European countries, generating annual revenues above €85 billion. Its main competitive advantages are its scale, established store networks, and private-label brands, which tend to carry higher margins than national brands. The key growth driver is expanding online grocery delivery, though rising competition from discounters like Aldi and Lidl, along with thin operating margins, remain ongoing pressures on profitability.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
26.4%
Modest — 26.4% gross margin
Profit after running costs
Operating Margin
3.4%
Thin — 3.4% operating margin
Return on the money invested
ROCE
16.1%
Strong — 16.1% return on capital

ROIC between 15% and 25%. Every dollar invested in the business earns 15 to 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
-0.2%
Shrinking sales (-0.2% YoY)
Profit growth
EPS YoY
+25.2%
Earnings growing fast (+25.2% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is
EPS Consistency
5/8 quarters
Mixed — about half the quarters showed growth

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
293%
Turns 293% of profit into real cash
Spare cash per sale
FCF Margin
4.4%
Thin free cash flow (4.4%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.34
Conservative — low debt load (0.34)
Covers its interest
Interest Cover
3.82x
Tight — interest eats into profit (3.8x)

Interest coverage between 3 and 8. Profits cover interest several times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
12.4x
no trend
Attractive valuation — P/E 12.4

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year
P/E vs Forward
+1.8
GROWING
Earnings expected to grow — slightly cheaper on forward P/E

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend
Dividend Yield
3.72%
no trend
Moderate income — 3.72% yield

Standard yield zone for stable dividend payers. A meaningful piece of total return.

Dividend record
Dividend Growth
+12.1%
no trend
Dividend growing fast (12.1% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial