KHCNYSECanned, Frozen & Preservd Fruit, Veg & Food SpecialtiesFiscal year ends December 26
Kraft Heinz Co
Financials through Q2 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Aug 5, 2026
$23.17−0.51 (-2.15%)
Close on Oct 19, 2026
- Market cap
- $27.48B
- P/E (TTM)
- –
- Dividend yield
- 6.91%
Margins
Share of revenue, fiscal years 2013 to 2025
Gross margin
33.3%−1.7 pts over 5 years
Operating margin
-18.7%−26.8 pts over 5 years
Net margin
-23.4%−24.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -3.5% | -2.0% | -1.0% | +3.1% | |
| Gross profit | -7.3% | +0.8% | -2.0% | +3.7% | |
| Free cash flow | +15.9% | +33.1% | -3.3% | +19.4% | |
| Dividend per share | 0.0% | 0.0% | 0.0% | -0.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 6.3% | 0.7% | -12.9% | |
| Return on assets | 3.0% | 0.4% | -6.9% | |
| Current ratio | 0.92 | 1.34 | 1.15 | |
| Debt to equity | 0.56 | 0.56 | 0.51 | |
| Net debt to EBITDA | 4.06× | 8.04× | -5.03× | |
| Interest coverage | 4.9× | 1.5× | -4.9× | |
| Inventory turnover | 6.5× | 6.2× | 5.1× | |
| Capex to revenue | 4.7% | 2.3% | 3.2% | |
| Diluted shares | 1.23B | 1.23B | 1.19B |
Where the cash went
Fiscal 2021 to 2025, five years combined
Kraft Heinz generated $20.46B from operations and spent $16.80B on capital expenditure, dividends and share buybacks. 28% of that went back into the business.
Generated
$20.46B
Used
$16.80B
Capital expenditure$4.66B28%Dividends$9.71B58%Share buybacks$2.43B14%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-23.4%
×Asset turnover0.29×
×Equity multiplier1.87×
=Return on equity, FY2025-12.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -23.4% | 0.29× | 1.87× | -12.9% |
| FY2024 | 10.6% | 0.29× | 1.81× | 5.6% |
| FY2023 | 10.7% | 0.29× | 1.84× | 5.8% |
| FY2022 | 8.9% | 0.29× | 1.88× | 4.8% |
| FY2021 | 3.9% | 0.27× | 1.94× | 2.0% |
| FY2020 | 1.4% | 0.26× | 1.98× | 0.7% |
| FY2019 | 7.7% | 0.24× | 1.98× | 3.7% |
| FY2018 | -38.8% | 0.24× | 1.90× | -17.3% |
| FY2017 | 42.0% | 0.22× | 1.95× | 17.8% |
| FY2016 | 13.7% | 0.22× | 2.12× | 6.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$5.85B
- Cash generatingOperating cash flow above zero$4.46B
- Return on assets improvedROA up on the prior year3.0% → -6.6%
- Earnings backed by cashOperating cash flow above net income$4.46B vs -$5.85B
- Less leverageLong-term debt to assets fell21.8% → 23.6%
- Better liquidityCurrent ratio rose1.06 → 1.15
- No dilutionShare count did not rise1.22B → 1.19B
- Gross margin improvedGross margin up on the prior year34.70% → 33.31%
- More efficientAsset turnover rose0.29 → 0.28