← Kraft Heinz Co
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $26.5b |
$26.2b
-0.96%
|
$26.3b
+0.14%
|
$25.0b
-4.91%
|
$26.2b
+4.84%
|
$26.0b
-0.55%
|
$26.5b
+1.70%
|
$26.6b
+0.59%
|
$25.8b
-2.98%
|
$24.9b
-3.50%
|
$24.9b
-0.17%
|
|
| Cost of Revenue | $16.9b |
$16.5b
-2.20%
|
$17.3b
+4.95%
|
$16.8b
-2.98%
|
$17.0b
+1.06%
|
$17.4b
+2.07%
|
$18.4b
+5.78%
|
$17.7b
-3.53%
|
$16.9b
-4.72%
|
$16.6b
-1.45%
|
$16.6b
-0.25%
|
|
| Cost of products sold | $12.6b |
$16.5b
+31.42%
|
$17.3b
+4.95%
|
$16.8b
-2.98%
|
$17.0b
+1.06%
|
$17.4b
+2.07%
|
$18.4b
+5.78%
|
$17.7b
-3.53%
|
$16.9b
-4.72%
|
$16.6b
-1.45%
|
— | |
| Gross Profit | $9.6b |
$9.7b
+1.22%
|
$8.9b
-8.06%
|
$8.1b
-8.68%
|
$9.2b
+12.64%
|
$8.7b
-5.39%
|
$8.1b
-6.45%
|
$8.9b
+9.90%
|
$9.0b
+0.47%
|
$8.3b
-7.35%
|
$8.3b
0.00%
|
|
| Research and Development Expense | $120.0m | $93.0m | $109.0m | $112.0m | $119.0m | $140.0m | $127.0m | $147.0m | $150.0m | $167.0m | — | |
| Marketing and Advertising Expense | — | — | $1.1b | $1.1b | $1.2b | — | — | — | — | — | — | |
| Selling, General and Administrative Expense | $3.4b | $2.9b | $19.1b | $5.1b | $7.0b | $5.2b | $4.5b | $4.4b | $7.3b | $13.0b | $4.1b | |
| Selling, general and administrative expenses, excluding impairment losses | $3.5b | $2.9b | $3.2b | $3.2b | $3.6b | $3.6b | $3.6b | $3.7b | $3.6b | $3.7b | $4.1b | |
| Amortization of Intangible Assets | $268.0m | $279.0m | $290.0m | $286.0m | $264.0m | $239.0m | $261.0m | $251.0m | $252.0m | $246.0m | — | |
| Restructuring and Related Cost, Incurred Cost | $1.0b | $457.0m | $460.0m | $108.0m | ($2.0m) | $84.0m | $74.0m | $225.0m | $20.0m | $21.0m | — | |
| Operating Income (Loss) | $6.1b |
$6.8b
+10.27%
|
($10.2b)
-250.89%
|
$3.1b
+130.04%
|
$2.1b
-30.68%
|
$3.5b
+62.59%
|
$3.6b
+5.03%
|
$4.6b
+25.81%
|
$1.7b
-63.19%
|
($4.7b)
-377.42%
|
$4.2b
+190.55%
|
|
| Interest Expense | $1.1b | $1.2b | $1.3b | $1.4b | $1.4b | $2.0b | $921.0m | $912.0m | $912.0m | $947.0m | $683.0m | |
| Interest Income, Other | — | — | — | — | — | — | — | — | — | $53.0m | $153.0m | |
| Investment Income, Interest | — | — | — | $36.0m | $27.0m | $15.0m | $27.0m | $40.0m | $69.0m | $122.0m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | ($10.0m) | ($162.0m) | $101.0m | $106.0m | ($73.0m) | $21.0m | ($234.0m) | — | |
| Other Nonoperating Income (Expense) | $15.0m | ($9.0m) | $183.0m | $952.0m | $296.0m | $295.0m | $253.0m | ($27.0m) | $85.0m | $171.0m | — | |
| Other expense/(income) | $305.0m | $9.0m | ($183.0m) | ($952.0m) | ($296.0m) | ($295.0m) | ($253.0m) | $27.0m | ($85.0m) | ($171.0m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $3.4b | $3.9b | ($10.3b) | $796.0m | $363.0m | ($215.0m) | $1.6b | $2.3b | ($165.0m) | ($5.8b) | ($3.7b) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $5.0b | $5.5b | ($11.3b) | $2.7b | $1.0b | $1.7b | $3.0b | $3.6b | $856.0m | ($5.4b) | ($3.7b) | |
| Current Income Tax Expense (Benefit) | $1.4b | $1.0b | $900.0m | $1.0b | $1.0b | $1.7b | $876.0m | $770.0m | $967.0m | $898.0m | ($262.0m) | |
| Income Tax Expense (Benefit) | $1.4b | ($5.5b) | ($1.1b) | $728.0m | $669.0m | $684.0m | $598.0m | $787.0m | ($1.9b) | $403.0m | ($262.0m) | |
| Net Income (Loss) Attributable to Parent | $3.6b |
$11.0b
+202.84%
|
($10.2b)
-192.66%
|
$1.9b
+118.99%
|
$356.0m
-81.60%
|
$1.0b
+184.27%
|
$2.4b
+133.50%
|
$2.9b
+20.82%
|
$2.7b
-3.89%
|
($5.8b)
-313.05%
|
($3.4b)
+41.91%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $10.0m | ($9.0m) | ($62.0m) | ($2.0m) | $5.0m | $12.0m | $5.0m | ($9.0m) | $2.0m | ($2.0m) | ($3.4b) | |
| Preferred Stock Dividends, Income Statement Impact | $180.0m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | $2.84 | $9.03 | ($8.36) | $1.59 | $0.29 | $0.83 | $1.93 | $2.33 | $2.27 | ($4.93) | ($2.88) | |
| Earnings Per Share, Diluted | $2.81 | $8.95 | ($8.36) | $1.58 | $0.29 | $0.82 | $1.91 | $2.31 | $2.26 | ($4.93) | ($2.88) | |
| Common Stock, Dividends, Per Share, Declared | $2.35 | $2.45 | $2.50 | $1.60 | $1.60 | $1.60 | $1.60 | $1.60 | $1.60 | $1.60 | — | |
| Preferred Stock, Dividends Per Share, Declared | $1.70 | $2.45 | $0.00 | $1.59 | $0.29 | $0.83 | $1.93 | $2.33 | $2.27 | ($4.93) | — | |
| Weighted Average Number of Shares Outstanding, Basic | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | |
| Weighted Average Number of Shares Outstanding, Diluted | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | 1.2b | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | $23.0m | $19.0m | $8.0m | $11.0m | $9.0m | $0 | — | — | — | |
| Goodwill impairment losses | $0 | $0 | $7.0b | $1.2b | $2.3b | $318.0m | $444.0m | $510.0m | $1.6b | $6.7b | $7.4b | |
| Goodwill, Impairment Loss | — | — | $6.9b | $1.2b | $2.3b | $318.0m | $444.0m | $510.0m | $1.6b | $6.7b | $7.4b | |
| Intangible asset impairment losses | $18.0m | $49.0m | $8.9b | $702.0m | $1.1b | $1.3b | $469.0m | $152.0m | $2.0b | $2.6b | — | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | — | ($172.0m) | ($201.0m) | ($214.0m) | ($135.0m) | $67.0m | ($130.0m) | ($102.0m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.