K

Kraft Heinz Co

KHC · CIK 0001637459

12 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$24.94B3.5%
FY2025
Net income (FY)
−$5.85B313.0%
FY2025
Free cash flow (FY)
$3.66B15.9%
FY2025
Diluted EPS (FY)
$-4.93318.1%
FY2025
The story, charted

The shape of the business

FY2014–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$20BFY2014 · Revenue $10.92B · Net income $657.0M · 0001637459-17-000007 · filed 2017-02-23FY14Revenue $10.92BNet income $657.0M0001637459-17-000007 · filed 2017-02-23FY2015 · Revenue $18.34B · Net income $634.0M · 0001637459-18-000015 · filed 2018-02-16FY15Revenue $18.34BNet income $634.0M0001637459-18-000015 · filed 2018-02-16FY2016 · Revenue $26.49B · Net income $3.60B · 0001637459-18-000015 · filed 2018-02-16 · 0001637459-19-000049 · filed 2019-06-07FY16Revenue $26.49BNet income $3.60B0001637459-18-000015 · filed 2018-02-16 · 0001637459-19-000049 · filed 2019-06-07FY2017 · Revenue $26.23B · Net income $10.94B · 0001637459-18-000015 · filed 2018-02-16 · 0001637459-20-000027 · filed 2020-02-14FY17Revenue $26.23BNet income $10.94B0001637459-18-000015 · filed 2018-02-16 · 0001637459-20-000027 · filed 2020-02-14FY2018 · Revenue $26.27B · Net income −$10.19B · 0001637459-21-000009 · filed 2021-02-17FY18Revenue $26.27BNet income −$10.19B0001637459-21-000009 · filed 2021-02-17FY2019 · Revenue $24.98B · Net income $1.94B · 0001637459-22-000018 · filed 2022-02-17FY19Revenue $24.98BNet income $1.94B0001637459-22-000018 · filed 2022-02-17FY2020 · Revenue $26.18B · Net income $356.0M · 0001637459-23-000009 · filed 2023-02-16FY20Revenue $26.18BNet income $356.0M0001637459-23-000009 · filed 2023-02-16FY2021 · Revenue $26.04B · Net income $1.01B · 0001637459-24-000018 · filed 2024-02-15FY21Revenue $26.04BNet income $1.01B0001637459-24-000018 · filed 2024-02-15FY2022 · Revenue $26.48B · Net income $2.36B · 0001637459-25-000011 · filed 2025-02-13FY22Revenue $26.48BNet income $2.36B0001637459-25-000011 · filed 2025-02-13FY2023 · Revenue $26.64B · Net income $2.85B · 0001637459-26-000009 · filed 2026-02-12FY23Revenue $26.64BNet income $2.85B0001637459-26-000009 · filed 2026-02-12FY2024 · Revenue $25.85B · Net income $2.74B · 0001637459-26-000009 · filed 2026-02-12FY24Revenue $25.85BNet income $2.74B0001637459-26-000009 · filed 2026-02-12FY2025 · Revenue $24.94B · Net income −$5.85B · 0001637459-26-000009 · filed 2026-02-12FY25Revenue $24.94BNet income −$5.85B0001637459-26-000009 · filed 2026-02-12FY25Revenue $24.94BNet income −$5.85B0001637459-26-000009 · filed 2026-02-12FY15FY17FY19FY21FY23FY25

revenue 2.3× since FY2014 · net margin 6.0% → -23.4%

MarginsNet marginFCF margin
0%FY2014 · Net margin 6.0% · FCF margin 15.9%FY14Net margin 6.0%FCF margin 15.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 3.5% · FCF margin 3.4%FY15Net margin 3.5%FCF margin 3.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 13.6% · FCF margin 5.3%FY16Net margin 13.6%FCF margin 5.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 41.7% · FCF margin -2.6%FY17Net margin 41.7%FCF margin -2.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin -38.8% · FCF margin 6.7%FY18Net margin -38.8%FCF margin 6.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 7.7% · FCF margin 11.1%FY19Net margin 7.7%FCF margin 11.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 1.4% · FCF margin 16.5%FY20Net margin 1.4%FCF margin 16.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 3.9% · FCF margin 17.1%FY21Net margin 3.9%FCF margin 17.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 8.9% · FCF margin 5.9%FY22Net margin 8.9%FCF margin 5.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 10.7% · FCF margin 11.1%FY23Net margin 10.7%FCF margin 11.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 10.6% · FCF margin 12.2%FY24Net margin 10.6%FCF margin 12.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin -23.4% · FCF margin 14.7%FY25Net margin -23.4%FCF margin 14.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin -23.4%FCF margin 14.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’16’19’22’25

FY2025: net -23.4% · free cash flow 14.7% of revenue

Cash engineOperating cash flowFree cash flow
$0$2B$4BFY2014 · OCF $2.14B · FCF $1.74B · 0001637459-17-000007 · filed 2017-02-23FY14OCF $2.14BFCF $1.74B0001637459-17-000007 · filed 2017-02-23FY2015 · OCF $1.27B · FCF $624.0M · 0001637459-18-000015 · filed 2018-02-16FY15OCF $1.27BFCF $624.0M0001637459-18-000015 · filed 2018-02-16FY2016 · OCF $2.65B · FCF $1.40B · 0001637459-19-000049 · filed 2019-06-07FY16OCF $2.65BFCF $1.40B0001637459-19-000049 · filed 2019-06-07FY2017 · OCF $501.0M · FCF −$693.0M · 0001637459-20-000027 · filed 2020-02-14FY17OCF $501.0MFCF −$693.0M0001637459-20-000027 · filed 2020-02-14FY2018 · OCF $2.57B · FCF $1.75B · 0001637459-21-000009 · filed 2021-02-17FY18OCF $2.57BFCF $1.75B0001637459-21-000009 · filed 2021-02-17FY2019 · OCF $3.55B · FCF $2.78B · 0001637459-22-000018 · filed 2022-02-17FY19OCF $3.55BFCF $2.78B0001637459-22-000018 · filed 2022-02-17FY2020 · OCF $4.93B · FCF $4.33B · 0001637459-23-000009 · filed 2023-02-16FY20OCF $4.93BFCF $4.33B0001637459-23-000009 · filed 2023-02-16FY2021 · OCF $5.36B · FCF $4.46B · 0001637459-24-000018 · filed 2024-02-15FY21OCF $5.36BFCF $4.46B0001637459-24-000018 · filed 2024-02-15FY2022 · OCF $2.47B · FCF $1.55B · 0001637459-25-000011 · filed 2025-02-13FY22OCF $2.47BFCF $1.55B0001637459-25-000011 · filed 2025-02-13FY2023 · OCF $3.98B · FCF $2.96B · 0001637459-26-000009 · filed 2026-02-12FY23OCF $3.98BFCF $2.96B0001637459-26-000009 · filed 2026-02-12FY2024 · OCF $4.18B · FCF $3.16B · 0001637459-26-000009 · filed 2026-02-12FY24OCF $4.18BFCF $3.16B0001637459-26-000009 · filed 2026-02-12FY2025 · OCF $4.46B · FCF $3.66B · 0001637459-26-000009 · filed 2026-02-12FY25OCF $4.46BFCF $3.66B0001637459-26-000009 · filed 2026-02-12FY25OCF $4.46BFCF $3.66B0001637459-26-000009 · filed 2026-02-12’16’19’22’25

FY2025: $4.46B operating cash − $801.0M capex = $3.66B free cash flow

Returns on capitalReturn on equityReturn on assets
-20%0%FY2014 · ROE 9.2% · ROA 1.8%FY14ROE 9.2%ROA 1.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 1.1% · ROA 0.5%FY15ROE 1.1%ROA 0.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 6.3% · ROA 3.0%FY16ROE 6.3%ROA 3.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 16.6% · ROA 9.1%FY17ROE 16.6%ROA 9.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE -19.7% · ROA -9.9%FY18ROE -19.7%ROA -9.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 3.7% · ROA 1.9%FY19ROE 3.7%ROA 1.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 0.7% · ROA 0.4%FY20ROE 0.7%ROA 0.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 2.1% · ROA 1.1%FY21ROE 2.1%ROA 1.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 4.9% · ROA 2.6%FY22ROE 4.9%ROA 2.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 5.8% · ROA 3.2%FY23ROE 5.8%ROA 3.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 5.6% · ROA 3.1%FY24ROE 5.6%ROA 3.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE -14.0% · ROA -7.1%FY25ROE -14.0%ROA -7.1%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE -14.0%ROA -7.1%derived: net income ÷ equity · derived: net income ÷ assets’16’19’22’25

return on equity 9% (FY2014) → -14% (FY2025) · on assets -7.1%

Balance sheetLiabilitiesEquity
$0$50B$100BFY2014 · Liabilities $20.89B · Equity $7.12BFY14Liabilities $20.89BEquity $7.12B0001637459-16-000100 · filed 2016-03-03FY2015 · Liabilities $56.74B · Equity $57.69BFY15Liabilities $56.74BEquity $57.69B0001637459-17-000007 · filed 2017-02-23FY2016 · Liabilities $62.91B · Equity $57.36BFY16Liabilities $62.91BEquity $57.36B0001637459-18-000015 · filed 2018-02-16FY2017 · Liabilities $54.02B · Equity $65.86BFY17Liabilities $54.02BEquity $65.86B0001637459-19-000049 · filed 2019-06-07FY2018 · Liabilities $51.68B · Equity $51.66BFY18Liabilities $51.68BEquity $51.66B0001637459-20-000027 · filed 2020-02-14FY2019 · Liabilities $49.70B · Equity $51.62BFY19Liabilities $49.70BEquity $51.62B0001637459-21-000009 · filed 2021-02-17FY2020 · Liabilities $49.59B · Equity $50.10BFY20Liabilities $49.59BEquity $50.10B0001637459-22-000018 · filed 2022-02-17FY2021 · Liabilities $43.94B · Equity $49.30BFY21Liabilities $43.94BEquity $49.30B0001637459-23-000009 · filed 2023-02-16FY2022 · Liabilities $41.64B · Equity $48.68BFY22Liabilities $41.64BEquity $48.68B0001637459-24-000018 · filed 2024-02-15FY2023 · Liabilities $40.62B · Equity $49.53BFY23Liabilities $40.62BEquity $49.53B0001637459-25-000011 · filed 2025-02-13FY2024 · Liabilities $38.96B · Equity $49.19BFY24Liabilities $38.96BEquity $49.19B0001637459-26-000009 · filed 2026-02-12FY2025 · Liabilities $40.00B · Equity $41.66BFY25Liabilities $40.00BEquity $41.66B0001637459-26-000009 · filed 2026-02-12FY25Liabilities $40.00BEquity $41.66B0001637459-26-000009 · filed 2026-02-12’16’19’22’25

FY2025: $81.79B assets · $40.00B liabilities · $41.66B equity

The receipts