Publix Super Markets
Financial Performance
Publix Revenue & Financials
Revenue
$59.8B (FY2024)
Market Cap
$49.5B
Employees
255,000
What is Publix's revenue?
Publix had $59.8B in revenue for fiscal year 2024, up 4.7% from 2023.
- Latest revenue
- $59.8B (FY2024)
- Year-over-year
- +4.7%
- Growth rate (CAGR)
- 7.6% over 3 years
- Peak revenue
- $59.8B (FY2024)
- Years of data
- 4
- Employees
- 255,000
- How many employees does Publix have?
- Publix has about 255,000 employees.
Financial Analysis
Publix delivers stellar financial profitability characterized by steady top-line growth, industry-leading operating profit margins, and exceptional balance sheet liquidity. In fiscal 2024, Publix generated retail sales of $59.8 billion, up 5% year-over-year, supported by robust population influx into Florida, North Carolina, and Georgia. Net earnings surpassed $4.3 billion, reflecting strong merchandise margins and investment returns on its extensive liquid investment portfolio. Publix operates with zero funded long-term debt and holds over $15 billion in cash, short-term investments, and real estate equity. Publix rewards its employee shareholders with reliable quarterly cash dividends, paying out over $1.1 billion annually to its associate workforce.
Revenue Trend Analysis
YoY Change
+4.7%
3-Year CAGR
+7.6%
Peak Year
2024
Trend
Consistent Growth
Publix Super Markets has 4 full fiscal year figures on this page, compounding at +7.6% annually over 3 years. The most recent year saw a 4.7% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $59.8B. Of 3 comparable year-over-year steps, 3 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2024 | $59.8B | +4.7% |
| FY2023 | $57.1B | +4.8% |
| FY2022 | $54.5B | +13.5% |
| FY2021 | $48B | — |
Click any row to see year details.
Keep researching Publix
Publix Revenue and Financial FAQ
What was Publix Super Markets's revenue in 2024?
Publix Super Markets achieved $59.80 billion in revenue for fiscal year 2024.
Is Publix Super Markets profitable?
Publix Super Markets's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.
How fast is Publix Super Markets growing?
Publix Super Markets has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.
How does Publix Super Markets fund its capital expenditures?
Publix Super Markets funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.
What is Publix Super Markets's debt profile?
Publix Super Markets maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.
Where does Publix Super Markets reinvest its profits?
Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Publix Revenue & Financials." CorpDigest, https://corpdigest.com/company/publix/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Publix reported $59.8B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/publix/financials" target="_blank" rel="noopener">CorpDigest — Publix financials</a></div>Explore Publix
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