— Know what they know.
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Not Investment Advice

KHC

NYSE · USD
The Kraft Heinz Company
Consumer Defensive · Packaged Foods
CEO Steven A. Cahillane Employees 35,000 R&D / revenue 0.0%
Last price
$23.68+1.72%last session
Market cap
$28.1B
P/E (TTM)
n/m
From 52w high
−15.7%
From 52w low
+12.6%
1-year return
−4.3%
RSI 14 · vs SMA200
55.1 · −0.5%
IS score
35.6/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

KHC   SPY   XLP (sector ETF) · weekly closes
90100110Jan 26Apr 26Jul 26Oct 26SPY 116XLP 111KHC 96

Score DNA

Each bar is a 0-100 score within the scored universe
10
Profitability
66
Growth
49
Value
64
Momentum
15
Risk (safety)
45
Quality
37
Balance sheet
53
Earnings quality

Flags

Strengths
✓ FCF yield 5%+✓ Insider buying✓ Congress buying
Warnings
▲ Altman distress zone
Observations
Moat model: Weak, Efficient ScalePiotroski 5 / 9Altman Z 0.5Beta 0.084 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
1
$5.00M bought
Form 144 notices (12m): 9, $36.4M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
2
Last disclosed purchase 2026-05-21
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+23
148 new holders, 111 closed
1,120 filers hold 90.6% · 484 added, 316 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+205
1,026 funds adding shares
821 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
44.5%
20-day avg 51.0%, 50-day avg 59.9%
Latest 6.5 pp under its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$24.9B
Revenue growth YoY−3.5%
Gross margin33.3%
Operating income−$4.7B
Operating margin-18.7%
Net income−$5.8B
Net margin-23.4%
EPS (diluted)$-4.93
Cash flow
Operating cash flow$4.5B
Capital expenditure$801.0M
Free cash flow$3.7B
FCF conversion (FCF / OCF)82.0%
Stock-based compensation$95.0M
FCF less SBC$3.6B
Buybacks$436.0M
Dividends$1.9B
Balance sheet & returns
Cash & short-term investments$3.7B
Total debt$21.2B
Net debt$17.5B
Shareholders' equity$41.8B
Goodwill & intangibles$59.7B
Debt / equity0.53
ROE (TTM)-8.4%
ROIC (TTM)-4.5%
Operating margin by fiscal year
3.8%FY202113.7%FY202217.2%FY20236.5%FY202418.4%FY2025
Revenue $26.0B (FY2021) to $24.9B (FY2025), a -1.1% CAGR.

Valuation

P/E (TTM)n/m
EV / EBITDAn/m
Price / sales1.13x
Price / FCF7.4x
FCF yield13.59%
Buyback yield1.55%
SBC / revenue0.4%
Price / book0.78x
Forward P/E FY202611.5x
Forward P/E FY20269.6x
Forward P/E FY202711.4x
Forward multiples divide today's price by Street EPS estimates. Street mean target $25.20 across 5 analysts last quarter is theirs, not ours.

KHC vs industry median

245 companies in Packaged Foods
Gross margin 33.4% 27.9% Operating margin -12.8% 4.6% Net margin -13.6% 2.4% ROIC -4.5% 8.8%
KHC (TTM)Industry median Asset turnover 0.34 vs industry 0.94 · financial leverage 2.03

Earnings delivery

Next report 2026-11-04 · consensus EPS $0.43
92%
beat rate, 11 of 12 quarters
+5.4%
median EPS surprise
9
longest beat streak
+9+1+0+6+1+8+3+8+5+10+16+4
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-11-01 to 2026-08-05. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
KHC The Kraft Heinz Company $28.1Bn/m-8.4%-13.6%−3.5% −4.3%
GIS General Mills, Inc. $17.7Bn/m-10.6%9.0%−4.5% −30.6%
SJM The J. M. Smucker Company $13.6B59.3x3.9%14.6%+5.1% +23.9%
MKC McCormick & Company, Incorpo $12.5B8.4x23.4%4.8%+13.2% −27.9%
HRL Hormel Foods Corporation $11.2B32.4x4.3%2.0%+0.7% −9.3%
DAR Darling Ingredients Inc. $9.7B16.3x12.1%22.5%+15.0% —
LW Lamb Weston Holdings, Inc. $7.4B29.0x11.8%1.7%+0.9% —
SFD Smithfield Foods, Inc. $7.3B6.9x15.9%6.5%+104.3% —
12-month window: SPY +15.9%, sector ETF XLP +11.4%. Past returns describe history only.

Recent 8-K filings

2026-10-07Other Events; Exhibits
2026-10-06Officer/Director Change
2026-08-26Delisting Notice; Regulation FD; Exhibits
2026-08-05Earnings Release; Exhibits
2026-07-27Bylaws Amendment; Exhibits
2026-06-18Officer/Director Change

Context

Shares outstanding1,185,823,758
Free float99.6%
Institutional ownership90.6%
Beta0.08
Dividend yield6.76%
Last dividend$0.40 on 2026-09-04
50 / 200-day average$24.26 / $23.86
Large-cap Consumer Defensive median P/E23.3x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Weak).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where KHC sits among 31 scored companies in Packaged Foods (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureKHCIndustry medianIndustry percentileSector median
P/E (TTM) —
PEG (P/E ÷ 3-yr EPS CAGR) —
Price / sales 1.1x 0.8x
73rd		 1.1x
Price / book 0.8x 1.7x
4th		 2.5x
Price / tangible book —
Price / free cash flow 7.4x 9.3x
30th		 14.7x
Price / operating cash flow 6.1x 6.9x
38th		 9.4x
Enterprise value $44.4B $3.3B
100th		 $5.1B
EV / sales 1.8x 1.0x
83rd		 1.3x
EV / EBITDA —
EV / EBIT —
EV / free cash flow 11.6x 15.9x
37th		 18.2x
Earnings yield -12.1% 6.2%
10th		 3.9%
FCF yield 13.6% 9.1%
73rd		 6.5%
Operating cash flow yield 16.5% 14.0%
63rd		 10.4%
Graham number (per share) —

Profitability (TTM)

MeasureKHCIndustry medianIndustry percentileSector median
Gross margin 33.4% 26.9%
77th		 34.4%
EBITDA margin -7.7% 10.7%
7th		 10.7%
Operating margin -13.0% 7.7%
3rd		 7.6%
EBIT margin -11.8% 7.8%
7th		 6.9%
Net margin -13.6% 3.5%
10th		 3.3%
NOPAT margin -10.3% 4.9%
3rd		 4.8%
FCF margin 15.3% 8.2%
97th		 7.6%
Operating cash flow margin 18.6% 10.9%
93rd		 11.1%
R&D / revenue 0.7% 0.0%
93rd		 0.0%
SG&A / revenue 15.4% 16.1%
43rd		 21.1%
Stock comp / revenue 0.4% 0.5%
34th		 0.5%
Effective tax rate 21.0% 23.2%
13th		 23.2%

Returns on capital

MeasureKHCIndustry medianIndustry percentileSector median
ROE (on average equity) -8.8% 10.0%
21st		 10.4%
ROA -4.4% 4.5%
13th		 4.9%
ROIC -4.9% 7.1%
7th		 8.2%
ROCE -4.5% 8.3%
10th		 9.1%
Return on tangible assets -3.8% 7.2%
10th		 7.2%
Cash ROIC (OCF / invested capital) 8.8% 14.6%
13th		 15.0%
Gross profitability (GP / assets) 11.2% 21.2%
3rd		 32.4%
ROIC, 3-yr average -3.2% 6.1%
11th		 6.4%
ROIC, 5-yr average -0.9% 7.3%
11th		 7.8%
ROE, 5-yr average -1.8% 9.7%
8th		 11.4%
Incremental ROIC -21.2% 34.8%
31st		 12.8%

Growth

MeasureKHCIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) -1.6% 5.1%
17th		 3.8%
Revenue growth (QoQ) 3.6% 2.1%
77th		 4.3%
Revenue CAGR, 3 yr -2.8% 2.6%
10th		 3.8%
Revenue CAGR, 5 yr -1.2% 5.1%
4th		 5.1%
Gross profit CAGR, 3 yr -1.6% 2.4%
21st		 4.0%
Operating income CAGR, 3 yr —
Net income growth (TTM YoY) —
Net income CAGR, 3 yr —
EPS growth (TTM YoY) —
EPS CAGR, 3 yr —
EPS CAGR, 5 yr —
FCF growth (TTM YoY) 9.2% 10.7%
43rd		 23.4%
FCF CAGR, 3 yr 18.8% 16.5%
62nd		 14.6%
Operating cash flow CAGR, 3 yr 12.3% 12.1%
62nd		 6.4%
Book value CAGR, 3 yr -9.0% 1.3%
8th		 5.3%
Dividend CAGR, 3 yr 1.1% 1.4%
44th		 1.7%
Sustainable growth rate —

Margin history & stability

MeasureKHCIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 33.9% 29.4%
72nd		 34.7%
Operating margin, 3-yr average 3.5% 7.3%
17th		 6.7%
Net margin, 3-yr average -9.1% 4.7%
3rd		 4.2%
FCF margin, 3-yr average 13.4% 6.7%
100th		 6.5%
Revenue stability (0-1) 0.57 0.75
24th		 0.81
Earnings stability (0-1) 0.58 0.36
76th		 0.34
Margin stability (0-1) 0.96 0.94
83rd		 0.95

Liquidity (latest quarter)

MeasureKHCIndustry medianIndustry percentileSector median
Cash & short-term investments $2.7B $161.5M
100th		 $279.3M
Net cash (− = net debt) −$16.3B −$971.9M
0th		 −$1.0B
Working capital $535.0M $294.4M
63rd		 $285.9M
Current ratio 1.06 1.85
23rd		 1.43
Quick ratio 0.68 0.88
33rd		 0.86
Cash ratio (cash + ST investments / current liabilities) 0.31 0.25
53rd		 0.28
Defensive interval (days) 159 days 251 days
20th		 251 days

Leverage & solvency (latest quarter)

MeasureKHCIndustry medianIndustry percentileSector median
Total debt $19.0B $1.4B
100th		 $1.8B
Debt / equity 0.53 0.70
44th		 0.75
Net debt / equity 0.45 0.37
52nd		 0.55
Debt / assets 26.0% 30.4%
40th		 31.6%
Debt / capital 34.5% 41.0%
44th		 43.0%
Debt / EBITDA —
Net debt / EBITDA —
Interest coverage (EBIT / interest) −4.0x 4.7x
3rd		 4.7x
Cash interest coverage 6.3x 6.8x
47th		 8.2x
Debt payback (years of OCF) 4.1 yrs 3.6 yrs
62nd		 2.8 yrs
Liabilities / assets 50.6% 53.9%
40th		 56.2%
IS credit model rating B — —
Implied credit spread (bps) 750 225
77th		 225

Efficiency

MeasureKHCIndustry medianIndustry percentileSector median
Asset turnover 0.32 0.91
0th		 0.94
Fixed asset turnover 3.46 3.90
41st		 4.44
Inventory turnover 4.9 5.8
33rd		 6.0
Receivables turnover 10.8 13.8
40th		 12.1
Days sales outstanding 34 days 27 days
60th		 30 days
Days inventory outstanding 75 days 63 days
67th		 61 days
Days payables outstanding 96 days 32 days
93rd		 38 days
Cash conversion cycle (days) 13 days 48 days
10th		 37 days
Capex / revenue 3.2% 2.8%
57th		 3.1%
Capex / depreciation 0.80 0.80
50th		 0.92
Operating expense ratio 135.1% 19.4%
100th		 24.8%

Cash flow & earnings quality

MeasureKHCIndustry medianIndustry percentileSector median
Operating cash flow / net income —
FCF / net income —
FCF / operating cash flow 82.6% 74.0%
79th		 71.9%
Capex / operating cash flow 17.4% 26.0%
21st		 29.5%
Accruals ratio -10.4% -7.2%
20th		 -6.1%
Sloan accruals ratio -1.4% -2.7%
77th		 -3.9%
Earnings quality score (0-1) —

Dividends & buybacks

MeasureKHCIndustry medianIndustry percentileSector median
Dividend yield 6.8% 0.0%
87th		 1.8%
Dividend per share (TTM) $1.60 $0.00
77th		 $0.64
Payout ratio (dividends / net income) —
Dividends / FCF 49.7% 37.4%
59th		 27.4%
Dividend growth (YoY) -0.6% 1.6%
18th		 1.8%
Buyback yield -1.4% 0.4%
0th		 0.9%
Shareholder yield (dividends + buybacks) 5.3% 4.3%
57th		 3.6%
Share count change (YoY) -0.3% 0.0%
43rd		 -0.2%
Buybacks, last 5 years $729.0M $53.4M
83rd		 $184.1M

Scores & forensic checks

MeasureKHCIndustry medianIndustry percentileSector median
IS score 36 49
27th		 53
IS profitability 10 27
7th		 32
IS growth 66 51
67th		 50
IS value 49 59
37th		 49
IS momentum 64 71
47th		 73
IS risk (safety) 15 65
3rd		 80
IS quality 45 61
17th		 65
IS balance sheet 37 43
47th		 53
IS earnings quality 53 73
10th		 76
IS cash flow 52 52
47th		 57
Piotroski F-score (0-9) 5 5
20th		 6
Altman Z-score 0.5 2.6
3rd		 3.2
Beneish M-score −3.08 −2.77
17th		 −2.71
Ohlson O-score −8.34 −7.98
37th		 −7.61
IS credit score 29 61
17th		 64

Per share

MeasureKHCIndustry medianIndustry percentileSector median
EPS, diluted (TTM) −$2.86 $1.57
7th		 $2.03
Book value per share $30.36 $15.77
70th		 $16.28
Tangible book per share −$13.45 $3.64
17th		 $3.52
Revenue per share $20.99 $36.47
20th		 $41.08
FCF per share $3.22 $3.02
57th		 $3.18
Operating cash flow per share $3.90 $3.90
50th		 $4.93
Cash per share $2.26 $1.42
60th		 $2.81

Size (TTM)

MeasureKHCIndustry medianIndustry percentileSector median
Market cap $28.1B $2.3B
100th		 $4.0B
Revenue $24.9B $3.1B
100th		 $5.2B
EBITDA −$1.9B $324.9M
0th		 $426.9M
Net income −$3.4B $164.2M
0th		 $167.0M
Free cash flow $3.8B $315.9M
100th		 $345.6M
Total assets $73.1B $3.8B
100th		 $4.8B
Shareholders' equity $36.0B $1.4B
100th		 $1.6B
Employees 35,000 7,010
97th		 9,700

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-06-18Frost Diana
Glbl Chief Growth Officer
 Open-market sale 18,502$23.05$426,532102,667
2026-05-14Kelley Mary Lou
Director
 Award / grant 793$23.31$18,4858,730
2026-05-14Kelley Mary Lou
Director
 Award / grant 7,937$23.31$185,0117,937
2026-05-14Palmer Anthony J.
Director
 Award / grant 793$23.31$18,4858,730
2026-05-14Palmer Anthony J.
Director
 Award / grant 7,937$23.31$185,0117,937
2026-05-14Alfonso Humberto P
Director
 Award / grant 3,218$23.31$75,01234,048
2026-05-14Alfonso Humberto P
Director
 Award / grant 7,937$23.31$185,01129,384
2026-05-14Cahill John T
Director
 Award / grant 13,085$23.31$305,011175,133
2026-05-14Fouche Lori Dickerson
Director
 Award / grant 7,937$23.31$185,01133,399
2026-05-14Gherson Diane J
Director
 Award / grant 7,937$23.31$185,01124,113
2026-05-14Sceti Elio Leoni
Director
 Award / grant 3,218$23.31$75,01256,625
2026-05-14Sceti Elio Leoni
Director
 Award / grant 7,937$23.31$185,01151,201

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarMayJun

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired1384,603$2.0M
Open-market buyAcquired1213,106$5.0M
Open-market saleDisposed118,502$426,532
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 9 notices · 1,547,197 shares · $36.4M
FiledFilerShares proposedEst. proceeds
2026-07-06Miguel N D M Patricio Rev Tr Agrt103,354$2.5M
2026-06-18Frost Diana18,502$426,532
2026-05-19Miguel Patricio 2024 Grat #1240,488$5.6M
2026-05-19Miguel N D M Patricio Rev Tr Agrt319,662$7.5M
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 4 trades (0 purchases) · Senate 2 (2 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-05-21Gary PetersSenatePurchase$1,001 - $15,0002026-06-11
2026-05-21Gary C. PetersSenatePurchase$1,001 - $15,0002026-06-11
2026-04-13Gilbert Ray CisnerosHouseSale (Full)$1,001 - $15,0002026-05-11
2026-01-29Ro KhannaHouseSale$1,001 - $15,0002026-02-10
2026-01-09Gilbert CisnerosHouseSale (Partial)$1,001 - $15,0002026-02-13
2026-01-08Gilbert Ray CisnerosHouseSale (Partial)$1,001 - $15,0002026-02-13
2022-12-23Roy BluntSenateSale$1,001 - $15,0002023-01-18
2022-06-17Richard BlumenthalSenateSale$250,001 - $500,0002022-07-27
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.76,372,193$1.8B6.44%
VANGUARD CAPITAL MANAGEMENT LLC54,937,263$1.3B4.63%
Invesco Ltd.48,696,186$1.2B4.11%
STATE STREET CORP46,379,119$1.1B3.91%
VANGUARD PORTFOLIO MANAGEMENT LLC40,753,804$962.6M3.44%
GEODE CAPITAL MANAGEMENT, LLC30,979,133$731.3M2.61%
UBS Group AG18,922,436$446.9M1.60%
NORDEA INVESTMENT MANAGEMENT AB16,565,504$399.2M1.40%
GOLDMAN SACHS GROUP INC15,611,412$368.7M1.32%
FAIRFAX FINANCIAL HOLDINGS LTD/ CAN14,306,500$337.6M1.21%
MORGAN STANLEY10,134,698$239.4M0.85%
Pacer Advisors, Inc.10,012,033$236.5M0.84%
DIMENSIONAL FUND ADVISORS LP8,067,715$190.6M0.68%
LSV ASSET MANAGEMENT7,814,107$184.6M0.66%
Capital International Investors7,649,360$180.7M0.65%

Institutional ownership by quarter

2023-092026-0690.6%
% of shares held by 13F filers
2023-092026-061,120
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-301,12090.6%148484316111
2026-03-311,09785.2%146424340141
2025-12-311,12086.4%167345444141
2025-09-301,11982.6%136405381108
2025-06-301,10883.0%106420427155
2025-03-311,17183.0%122437424127
2024-12-311,19483.3%166406461142
2024-09-301,19383.3%127470414110
2024-06-301,18981.6%153447398114
2024-03-311,17280.5%105437449100
2023-12-311,18580.3%15942343887
2023-09-301,13179.6%119462372137

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-04-30SCHEDULE 13GVanguard Capital Management5.3%63,268,818
2026-04-03SCHEDULE 13DLink Co10.0%1
2025-04-30SCHEDULE 13G/AThe Vanguard Group8.5%101,970,445
2025-04-24SCHEDULE 13G/ABlackRock, Inc.5.8%69,611,521
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.03%$596.2M
VTSAX0.03%$596.2M
VSMPX0.03%$596.2M
VTI0.03%$596.2M
VFFSX0.03%$516.6M
VOO0.03%$516.6M

Share structure

Shares outstanding1,185,823,758
Float1,180,946,280
Free float99.6%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$26.0B$26.5B$26.6B$25.8B$24.9B
Cost of revenue$17.4B$18.4B$17.7B$16.9B$16.6B
Gross profit$8.7B$8.1B$8.9B$9.0B$8.3B
R&D$0$0$147.0M$0$0
SG&A$3.4B$3.4B$3.6B$3.5B$3.7B
Operating income$3.5B$3.6B$4.6B$1.7B−$4.7B
EBITDA$4.7B$4.8B$5.5B$2.7B−$3.5B
Pretax income$1.7B$3.0B$3.6B$856.0M−$5.4B
Income tax$684.0M$598.0M$787.0M−$1.9B$403.0M
Net income$1.0B$2.4B$2.9B$2.7B−$5.8B
EPS, diluted$0.82$1.91$2.31$2.26$-4.93
Diluted shares1.2B1.2B1.2B1.2B1.2B

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$3.4B$1.0B$1.4B$1.3B$3.7B
Receivables$2.0B$2.1B$2.1B$2.1B$2.3B
Inventory$2.7B$3.7B$3.6B$3.4B$3.2B
Total current assets$9.0B$7.9B$7.9B$7.7B$10.1B
PP&E, net$6.8B$6.7B$7.1B$7.2B$7.3B
Goodwill & intangibles$74.8B$73.5B$72.9B$68.8B$59.7B
Total assets$93.4B$90.5B$90.3B$88.3B$81.8B
Accounts payable$4.8B$4.8B$4.6B$4.2B$4.3B
Total current liabilities$9.1B$9.0B$8.0B$7.3B$8.8B
Long-term debt$21.1B$19.2B$19.4B$19.2B$19.3B
Total liabilities$43.9B$41.6B$40.6B$39.0B$40.0B
Shareholders' equity$49.5B$48.9B$49.7B$49.3B$41.8B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$1.0B$2.4B$2.9B$2.7B−$5.8B
Depreciation & amortization$910.0M$933.0M$961.0M$948.0M$968.0M
Stock-based compensation$197.0M$148.0M$141.0M$109.0M$95.0M
Change in working capital$406.0M−$1.5B−$806.0M−$589.0M$230.0M
Operating cash flow$5.4B$2.5B$4.0B$4.2B$4.5B
Capital expenditure−$905.0M−$916.0M−$1.0B−$1.0B−$801.0M
Free cash flow$4.5B$1.6B$3.0B$3.2B$3.7B
Investing cash flow$4.0B−$1.1B−$916.0M−$1.0B−$1.8B
Net debt issued / repaid−$7.1B−$1.5B−$191.0M−$24.0M$0
Buybacks−$271.0M−$280.0M−$455.0M−$988.0M−$436.0M
Dividends paid−$2.0B−$2.0B−$2.0B−$1.9B−$1.9B

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin33.3%30.7%33.5%34.7%33.3%
Operating margin3.8%13.7%17.2%6.5%18.4%
Net margin3.9%8.9%10.7%10.6%-23.4%
FCF margin17.1%5.9%11.1%11.7%14.7%
ROE2.0%4.8%5.8%5.6%-12.9%
ROIC0.9%4.3%5.3%8.0%6.1%
ROA1.0%2.6%3.2%3.1%-6.9%
Debt / equity0.440.410.400.400.51
Interest coverage1.8x4.2x5.0x1.9xn/m
Current ratio0.990.870.991.061.15
Revenue growth−0.5%+1.7%+0.6%−3.0%−3.5%
EPS growth+185.4%+132.0%+20.9%−1.9%−316.6%
P/E at year end35.9x18.3x14.4x12.7xn/m
EV / EBITDA at year end11.7x12.9x10.8x19.7xn/m
FCF yield at year end12.26%3.59%7.22%8.64%12.78%
Dividend payout193.6%82.9%68.8%70.4%—

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Taste Elevation———$11.4B$11.3B
Condiments and Sauces$7.3B$8.2B$8.9B——
Cheese and dairy$4.9B$4.0B$3.9B$1.7B$1.7B
Easy Ready Meals———$4.7B$4.1B
Ambient meals$2.9B$3.0B$3.0B——
Frozen and chilled meals$2.7B$2.9B$2.9B——
Meats and seafood$2.6B$2.7B$2.5B——
Meats———$2.1B$1.9B
Hydration———$2.1B$2.1B
Refreshment beverages$1.8B$2.0B$1.9B——
Substantial Snacking———$1.2B$1.5B
Desserts, toppings and baking$1.2B$1.2B$1.2B$1.2B$1.1B
Other products$916.0M$1.1B$1.1B$499.0M$395.0M
Coffee$847.0M$903.0M$899.0M$835.0M$867.0M
Nuts and salted snacks$464.0M————
Infant and nutrition$441.0M$411.0M$360.0M——

Revenue by region · FY2025

United States Segment$16.8B · 67%
Rest of World Segment$5.1B · 20%
Canada Segment$1.8B · 7%
UNITED KINGDOM$1.3B · 5%

Street estimates by fiscal year

Next report 2026-11-04 · consensus EPS $0.43 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$24.7B$24.3B – $24.8B$2.05$2.03 – $2.061111.5x
2026$24.9B$24.5B – $25.2B$2.47$2.34 – $2.71129.6x
2027$24.7B$24.3B – $25.1B$2.07$1.94 – $2.351111.4x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-08-05$0.54$0.56+3.5%$6.2B$6.3B+1.4%
2026-05-06$0.50$0.58+15.8%$5.9B$6.0B+2.7%
2026-02-11$0.61$0.67+9.8%$6.4B$6.4B−0.3%
2025-10-29$0.58$0.61+4.6%$6.3B$6.2B−0.3%
2025-07-30$0.64$0.69+8.3%$6.3B$6.4B+1.3%
2025-04-29$0.60$0.62+3.2%$6.0B$6.0B−0.3%
2025-02-12$0.78$0.84+7.7%$6.7B$6.6B−1.3%
2024-10-30$0.74$0.75+0.9%$6.4B$6.4B−0.5%
2024-07-31$0.73$0.78+6.3%$6.5B$6.5B−1.1%
2024-05-01$0.69$0.690.0%$6.4B$6.4B−0.3%
2024-02-14$0.77$0.78+1.3%$7.0B$6.9B−1.8%
2023-11-01$0.66$0.72+9.1%$6.3B$6.6B+3.7%
2023-08-02$0.76$0.79+3.9%$6.8B$6.7B−1.3%
2023-05-03$0.60$0.68+13.3%$6.4B$6.5B+1.4%
2023-02-15$0.78$0.85+9.0%$7.3B$7.4B+1.7%
2022-10-26$0.55$0.63+14.5%$6.3B$6.5B+3.8%
2022-07-27$0.67$0.70+4.5%$6.4B$6.6B+2.6%
2022-04-27$0.53$0.60+13.2%$5.8B$6.0B+3.8%
2022-02-16$0.62$0.79+27.4%$6.6B$6.7B+1.6%
2021-10-27$0.58$0.65+12.1%$6.0B$6.3B+4.7%
2021-08-04$0.73$0.78+6.8%$6.6B$6.6B+1.0%
2021-04-29$0.60$0.72+20.0%$6.2B$6.4B+2.4%
2021-02-11$0.74$0.80+8.1%$6.8B$6.9B+2.4%
2020-10-29$0.63$0.70+11.1%$17.0B$6.4B−62.2%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.206-150.306-220.306-290.307-060.307-130.307-200.407-270.508-030.308-100.308-170.408-240.508-31
Week ofNotionalSharesTrades
2026-08-31$520.5M20,353,651165,896
2026-08-24$409.8M16,307,063141,974
2026-08-17$272.7M10,767,644118,813
2026-08-10$332.0M13,365,378140,470
2026-08-03$490.9M19,161,463166,915
2026-07-27$427.7M15,905,944150,963

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1544.5%
DateShort shareShort volumeTotal volume
2026-10-1544.5%2,892,1436,504,722
2026-10-1453.4%2,879,5735,394,583
2026-10-1353.2%3,350,1386,292,490
2026-10-1258.8%2,790,0124,746,172
2026-10-0955.4%4,686,5418,454,673
2026-10-0850.5%8,387,87316,625,971
2026-10-0765.2%4,931,0807,557,658
2026-10-0638.4%3,414,2738,900,061
2026-10-0549.9%4,365,5068,754,116
2026-10-0249.0%2,893,0995,902,986
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+0.2Jan-3.7Feb+0.5Mar+3.3Apr-1.2May-0.0Jun+2.4Jul-3.3Aug-1.7Sep+2.1Oct-0.4Nov+0.4Dec
MonthAvg returnUp yearsYears
Jan+0.2%36%11
Feb−3.7%55%11
Mar+0.5%55%11
Apr+3.3%60%10
May−1.2%50%10
Jun−0.0%50%10
Jul+2.4%64%11
Aug−3.3%45%11
Sep−1.7%55%11
Oct+2.1%36%11
Nov−0.4%45%11
Dec+0.4%55%11
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1455.1
MFI53.4
ADX33.6
Stochastic %K / %D71.8 / 51.7
Williams %R-3.0
CCI54
TSI / signal-21.6 / -29.0
Chaikin money flow-0.08
ATR$0.58
Bollinger width13.2%
Volume vs 20-day avg0.72x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$22.96 (+3.1%)
SMA 50$24.17 (−2.0%)
SMA 200$23.80 (−0.5%)
EMA 21$23.12 (+2.4%)
EMA 50$23.79 (−0.5%)
EMA 200$24.27 (−2.4%)
Bollinger upper$24.48 (−3.3%)
Bollinger lower$21.44 (+10.4%)
Parabolic SAR$22.05 (+7.4%)
Open the live chart, 110+ indicators

About The Kraft Heinz Company

The Kraft Heinz Company, along with its subsidiaries, operates as a global entity focused on the manufacturing and marketing of a broad spectrum of food and beverage products. Its reach extends across key markets such as the United States, Canada, and the United Kingdom, as well as numerous other international territories. The company's diverse product offerings include popular condiments and sauces, a variety of cheese and dairy items, prepared meals, meat products, and refreshing beverages. Additionally, its portfolio features coffee, an assortment of healthy snacks, salad dressings, various spices and seasonings, and a range of other general grocery staples. Kraft Heinz employs a multi-faceted distribution strategy. It utilizes its internal sales organizations alongside independent brokers, agents, and third-party distributors to reach a wide array of customers. These include large grocery chains, wholesale providers, cooperative and independent grocers, convenience stores, pharmacies, value stores, bakeries, mass merchandisers, and club stores. Furthermore, the company supplies products to the foodservice sector and institutional clients, such as hotels, restaurants, hospitals, healthcare facilities, and government agencies. A significant portion of its sales also occurs online through various e-commerce platforms and digital retailers. Tracing its origins back to its founding in 1869, the company initially operated as H.J. Heinz Holding Corporation before officially changing its name to The Kraft Heinz Company in July 2015. Its corporate headquarters are located in Pittsburgh, Pennsylvania.

https://www.kraftheinzcompany.com

Key executives

NameTitlePayBorn
Steven A. CahillaneChief Executive Officer & Director$2.5M1965
Eduardo Machado de Carvalho PelleissoneExecutive Vice President of Operations$2.0M1974
Angel Shelton WillisExecutive Vice President, Global General Counsel & Corporate Affairs Officer$1.5M1971
Andre MacielExecutive Vice President & Global Chief Financial Officer$1.5M1975
Flavio Barros TorresExecutive VP & Global Supply Chain Officer$1.4M1969
Cory OnellAdvisor$857,6581974
Chris AsherVice President, Principal Accounting Officer & Global Controller—1981
Jan KruiseUK & Ireland Managing Director——

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Carlos Abrams-Rivera Chief Executive Officer2025$1.1M$8.1M$1.5M$10.7M
Andre Maciel EVP and Global Chief Financial Officer2025$725,000$5.6M$725,000$7.1M
Pedro Navio EVP and President, North America2025$650,000$4.5M$583,538$5.9M
Angel Willis EVP, Global General Counsel and Corporate Affairs Officer2025$620,000$2.3M$483,600$3.8M
Cory Onell EVP and Chief Omnichannel Sales and Asian Emerging Markets Officer2025$575,000$2.5M$257,370$3.3M

Employees

38k201837k201938k202036k202137k202236k202336k202435k2025

Dividends

Ex-dateAmountPaid
2026-09-04$0.42026-09-25
2026-06-05$0.42026-06-26
2026-03-06$0.42026-03-27
2025-11-28$0.42025-12-26
2025-08-29$0.42025-09-26
2025-05-30$0.42025-06-27
2025-03-07$0.42025-03-28
2024-11-29$0.42024-12-27

Moat model

Weak · Efficient Scale · 2026-06-27
Cost advantage44
Intangibles64
Switching costs44
Network effect45
Efficient scale75
Our component scores (0-100) and overall 53.8; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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