The Kraft Heinz
KHC
21.98
-0.05
-0.23%
The Kraft Heinz
US · KHC
#732 by market cap
Listed 2015
21.98
-0.05
-0.23%
Live - 5344 symbols - heartbeat 265s ago
· 2026-10-08 07:00
Pre-market
22.05
+0.32%
After-hours
22.09
+0.51%
Overnight
22.00
+0.09%
- Market cap
- 26.06B
- P/E (TTM)i
- -7.63
- P/Bi
- 0.72
- EPSi
- -4.93
- Div yieldi
- 7.28%
- 52W posi
- 22%
Reader sentiment
Are you bullish or bearish on KHC?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 0.82, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year -3.50% YoY
Margins
- Gross margin
- 33.31%
- Operating margin
- 18.59%
- Net margin
- -23.44%
Key ratios & quality
- Enterprise valuei
- 43.61B
- Altman Z-Scorei
- 0.82
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 26.27B | 24.98B | 26.19B | 26.04B | 26.49B | 26.64B | 25.85B | 24.94B |
| Gross profit | 8.92B | 8.15B | 9.18B | 8.68B | 8.12B | 8.93B | 8.97B | 8.31B |
| Selling & admin expenses | 3.19B | 3.18B | 3.65B | 3.59B | 3.58B | 3.69B | 3.62B | 3.67B |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 5.73B | 4.97B | 5.53B | 5.09B | 4.55B | 5.23B | 5.35B | 4.64B |
| Pretax profit | -11.32B | 2.66B | 1.03B | 1.71B | 2.97B | 3.63B | 856.00M | -5.45B |
| Tax | -1.07B | 728.00M | 669.00M | 684.00M | 598.00M | 787.00M | -1.89B | 403.00M |
| Net profit | -10.25B | 1.93B | 361.00M | 1.02B | 2.37B | 2.85B | 2.75B | -5.85B |
| Basic EPS | -8 | 2 | 0 | 1 | 2 | 2 | 2 | -5 |
| Diluted EPS | -8.36 | 1.58 | 0.29 | 0.82 | 1.91 | 2.31 | 2.26 | -4.93 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 6.00B | 6.35B | 6.24B | 6.35B | 6.05B | 6.26B |
| Gross profit | 2.06B | 2.18B | 1.99B | 2.07B | 2.22B | 2.03B |
| Selling & admin expenses | 868.00M | 891.00M | 930.00M | 983.00M | 1.06B | 1.11B |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 1.20B | 1.29B | 1.06B | 1.09B | 1.16B | 921.00M |
| Pretax profit | 1.02B | -8.17B | 807.00M | 897.00M | 1.01B | -6.38B |
| Tax | 304.00M | -344.00M | 194.00M | 249.00M | 211.00M | -916.00M |
| Net profit | 714.00M | -7.82B | 613.00M | 648.00M | 799.00M | -5.46B |
| Basic EPS | 1 | -7 | 1 | 1 | 1 | -5 |
| Diluted EPS | 0.59 | -6.60 | 0.52 | 0.55 | 0.67 | -4.60 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 9.08B | 8.10B | 10.82B | 8.99B | 7.90B | 7.93B | 7.66B | 10.13B |
| Cash & ST investments | 1.13B | 2.28B | 3.42B | 3.45B | 1.04B | 1.40B | 1.33B | 3.68B |
| Inventory | 2.67B | 2.72B | 2.77B | 2.73B | 3.65B | 3.61B | 3.38B | 3.17B |
| Total assets | 103.46B | 101.45B | 99.83B | 93.39B | 90.51B | 90.34B | 88.29B | 81.79B |
| Total current liabilities | 7.50B | 7.88B | 8.06B | 9.06B | 9.03B | 8.04B | 7.25B | 8.78B |
| Short-term debt | 398.00M | 1.03B | 236.00M | 754.00M | 837.00M | 638.00M | 654.00M | 1.91B |
| Long-term debt | 30.77B | 28.22B | 28.07B | 21.06B | 19.23B | 19.39B | 19.22B | 19.31B |
| Total liabilities | 51,683,000,000.00 | 49,701,000,000.00 | 49,587,000,000.00 | 43,942,000,000.00 | 41,643,000,000.00 | 40,617,000,000.00 | 38,962,000,000.00 | 39,997,000,000.00 |
| Total equity | 51.78B | 51.75B | 50.24B | 49.45B | 48.87B | 49.72B | 49.33B | 41.79B |
| Retained earnings | -4.85B | -3.06B | -2.69B | -1.68B | 489.00M | 1.37B | 2.17B | -4.63B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 9.46B | 9.24B | 9.99B | 10.13B | 10.68B | 9.25B |
| Cash & ST investments | 2.79B | 2.56B | 3.13B | 3.68B | 4.09B | 2.68B |
| Inventory | 3.59B | 3.57B | 3.53B | 3.17B | 3.31B | 3.31B |
| Total assets | 90.27B | 81.58B | 81.70B | 81.79B | 82.05B | 73.07B |
| Total current liabilities | 7.24B | 8.62B | 8.86B | 8.78B | 8.94B | 8.72B |
| Short-term debt | 678.00M | 1.90B | 1.91B | 1.91B | 1.91B | 1.38B |
| Long-term debt | 20.93B | 19.31B | 19.29B | 19.31B | 19.22B | 17.62B |
| Total liabilities | 40,669,000,000.00 | 40,089,000,000.00 | 40,116,000,000.00 | 39,997,000,000.00 | 39,997,000,000.00 | 36,935,000,000.00 |
| Total equity | 49.61B | 41.49B | 41.58B | 41.79B | 42.05B | 36.13B |
| Retained earnings | 2.40B | -5.90B | -5.28B | -4.63B | -3.83B | -9.29B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2.57B | 3.55B | 4.93B | 5.36B | 2.47B | 3.98B | 4.18B | 4.46B |
| Depreciation & amortization | 983.00M | 994.00M | 969.00M | 910.00M | 933.00M | 961.00M | 948.00M | 968.00M |
| Free cash flow | 1.75B | 2.78B | 4.33B | 4.46B | 1.55B | 2.96B | 3.02B | 3.66B |
| Dividends paid | -3.18B | -1.95B | -1.96B | -1.96B | -1.96B | -1.97B | -1.93B | -1.90B |
| Stock buybacks / issuance | -- | -- | -- | -271.00M | -280.00M | -455.00M | -988.00M | -436.00M |
| Ending cash balance | 1.14B | 2.28B | 3.42B | 3.45B | 1.04B | 1.40B | 1.49B | 2.94B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 720.00M | 1.21B | 1.16B | 1.38B | 1.01B | 1.08B |
| Depreciation & amortization | 231.00M | 241.00M | 245.00M | 251.00M | 245.00M | 261.00M |
| Free cash flow | 482.00M | 1.02B | 986.00M | 1.17B | 766.00M | 893.00M |
| Dividends paid | -477.00M | -474.00M | -473.00M | -474.00M | -474.00M | -475.00M |
| Stock buybacks / issuance | -225.00M | -210.00M | 0 | -1.00M | -23.00M | -4.00M |
| Ending cash balance | 2.26B | 1.71B | 2.25B | 2.94B | 3.62B | 2.69B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -17.32 | 3.75 | 0.70 | 2.04 | 4.82 | 5.81 | 5.56 | -12.87 |
| ROA %i | -9.11 | 1.89 | 0.35 | 1.05 | 2.57 | 3.16 | 3.07 | -6.87 |
| ROIC %i | -10.01 | 3.57 | 1.70 | 2.98 | 4.40 | 5.12 | 4.86 | -7.87 |
| 5-year avg ROE %i | 5.45 | 1.85 | 2.16 | 1.38 | -1.21 | 3.42 | 3.79 | 1.07 |
| EBIT margin %i | -38.21 | 16.10 | 9.26 | 14.42 | 14.68 | 17.06 | 6.84 | -18.03 |
| FCF / sales %i | 6.65 | 11.15 | 16.55 | 17.12 | 5.86 | 11.12 | 11.68 | 14.68 |
| Current ratioi | 1.21 | 1.03 | 1.34 | 0.99 | 0.87 | 0.99 | 1.06 | 1.15 |
| Quick ratioi | 0.45 | 0.54 | 0.68 | 0.60 | 0.35 | 0.44 | 0.48 | 0.68 |
| Debt / assetsi | 30.13 | 28.83 | 28.35 | 23.36 | 22.17 | 22.17 | 22.51 | 25.94 |
| LT debt / equityi | 59.57 | 54.66 | 56.02 | 42.72 | 39.51 | 39.16 | 39.07 | 46.35 |
| Interest coveragei | -7.82 | 2.96 | 1.74 | 1.83 | 4.22 | 4.98 | 1.94 | -4.75 |
| Revenue CAGR (3Y) %i | 12.73 | -1.71 | 0.14 | -0.29 | 1.97 | 0.58 | -0.25 | -1.98 |
| Net income CAGR (3Y) %i | -- | -18.66 | -68.08 | -- | 6.89 | 100.16 | 39.44 | -- |
| FCF CAGR (3Y) %i | 40.97 | 25.72 | -- | 36.64 | -17.68 | -11.90 | -12.18 | 33.09 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 5.36 | -11.68 | -9.73 | -12.87 | -12.61 | -8.78 |
| ROA %i | 2.94 | -6.19 | -5.13 | -6.87 | -6.69 | -4.39 |
| ROIC %i | 4.65 | -7.15 | -5.82 | -7.87 | -7.86 | -4.94 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 6.92 | -26.65 | -22.43 | -18.03 | -18.00 | -11.96 |
| FCF / sales %i | 11.89 | 13.80 | 14.43 | 14.68 | 15.79 | 15.33 |
| Current ratioi | 1.31 | 1.07 | 1.13 | 1.15 | 1.20 | 1.06 |
| Quick ratioi | 0.70 | 0.57 | 0.61 | 0.68 | 0.72 | 0.57 |
| Debt / assetsi | 23.93 | 26.00 | 25.94 | 25.94 | 25.76 | 26.01 |
| LT debt / equityi | 42.31 | 46.68 | 46.53 | 46.35 | 45.85 | 48.93 |
| Interest coveragei | 1.92 | -7.28 | -6.03 | -4.75 | -4.72 | -4.36 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Condiments, Sauces, and Spreads is the largest reported line at 46.26% of revenue, across 10 reported segments.
- Ambient Meals and Sides follows at 10.84%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Condiments, Sauces, and Spreads46.26%
Ambient Meals and Sides10.84%
Refreshment beverages9.33%
Meats7.68%
Cheese6.32%
Frozen Meals and Sides5.80%
Refrigerated Snacks4.76%
Desserts4.49%
Coffee3.59%
Other0.93%
Quote time 2026-10-08 07:00:17 · For reference only, not investment advice and not tailored to your situation.