Kraft Heinz Co (KHC)
Consumer Staples · Packaged Foods & Meats · US stock · S&P 500 component
$25.09
▲ +1.59 (6.77%)
Fair valueFair
$23 −7.3% to fair value
$12fair band $20–$28$35
Day's range
$23.68 – $25.12
52-week range
$21.04 – $28.09
About Kraft Heinz Co
Kraft Heinz makes and markets packaged foods and beverages under household brands, covering condiments, sauces, cheese, processed meats, coffee and ready-to-eat meals. Heinz ketchup, Philadelphia cream cheese, Kraft macaroni and cheese and Oscar Mayer meats are among its well-known products. Customers are mainly grocery retailers, wholesalers and food-service operators. The company is run on a regional basis, with North America as its core market and further operations in international markets.
Revenue came to $24.9 billion over the last twelve months, earned by supplying branded grocery products to retailers and food-service customers. Revenue has changed at -2.0% a year across the last three years, which is a decline. The operating margin is -12.8%, and the business earns -5% on the capital invested in it, so it is currently loss-making. The dividend yield is 6.4%. On the site's X-Ray Score it receives 29 out of 100.
Price chart
52-wk range $21.04 – $28.09Volume 19,548,928Daily, split-adjusted
Vitals
Market cap$29.8B
52-week range$21.04 – $28.09
Volume (last day)19,548,928
P/E (TTM)–
EBIT / EV yield-6.9%
Free-cash-flow yield12.8%
Dividend yield6.4%
Revenue (TTM)$24.9B
Net income (TTM)−$3.4B
Operating margin-12.8%
Return on capital-4.8%
Debt incl. leases$19.0B
Cash & securities$2.7B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$23middle half of models $23 – $28
Fair
−7.3% to fair value
Average of the 4 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $25
Undervalued < $20Fair $20 – $28Overvalued > $28
P/B multiple
$27
P/S multiple
$28
EV/revenue multiple
$28
5-year DCF, revenue exit
$10
Dividend discount, stable · not used
$63
Dividend discount, multi-stage · not used
$81
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Consumer Staples peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Weak
38/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield-6.9%
Free-cash-flow yield12.8%
Fair value vs price0.9×
Growth
Weak
29/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-2.0%
Growth consistency10%
Profitability
Weak
21/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital-4.8%
Operating margin-12.8%
Gross profitability11.4%
Financial health
Weak
17/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score5 / 9
Interest cover-4.7×
Dividends
Weak
48/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield6.4%
Dividends vs free cash flow50%
Dividend growth-1.1%
Quarterly results: last 6 quarters
-6.4%
Mar '25
-1.9%
Jun '25
-2.3%
Sep '25
-3.4%
Dec '25
+0.8%
Mar '26
-1.4%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $6.3B, diluted EPS $-4.60.
Compare with peers
MKC Mccormick & Co Inc54 TSN Tyson Foods, Inc.43 HRL Hormel Foods Corp42 MDLZ Mondelez International...36Other Packaged Foods & Meats companies by X-Ray Score.
SWOT analysis: Kraft Heinz Co
Strengthsinside the company
- Free cash flow equals 12.8% of the market value, which funds dividends, buybacks or debt paydown.
Weaknessesinside the company
- Return on invested capital is only -4.8% (median 4.1% for industry peers), so the business earns little above its cost of capital.
- Operating margin of -12.8% is thin against 4.7% for industry peers.
- Revenue has fallen 2.0% a year over three years while industry peers grew 0.7%.
- Altman Z-score of 0.4 is in the zone linked with financial distress in past studies.
Opportunitiesvaluation and setting
- Price momentum is strong on the weekly and monthly signals (trends can reverse).
Threatsvaluation and setting
- No specific threat is flagged by our checks; general market and interest-rate risk still applies.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare KHC with peers and sector
Medians of 5 Packaged Foods & Meats peers and of 28 Consumer Staples stocks in our universe.
Largest peers (X-Ray Score): MDLZ 36, TSN 43, GIS 28, MKC 54, HRL 42.
| Metric | KHC | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 29 | 42 | 51 |
| Valuation | 38 | 53 | 53 |
| Growth | 29 | 42 | 49 |
| Profitability | 21 | 29 | 53 |
| Financial health | 17 | 28 | 54 |
| Dividends | 48 | 54 | 51 |
Sector leaders: highest X-Ray Score in Consumer Staples
KHC ranks #27 of 29 in Consumer Staples and #5 of 6 in Packaged Foods & Meats by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for KHC
Each factor is rated by where KHC stands among the 29 Consumer Staples stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 6 Good · 4 Average · 8 Bad of 18
Growth: 0 · 0 · 2
Profitability: 0 · 1 · 4
Financial strength: 0 · 1 · 2
Valuation: 3 · 0 · 0
Cash flow: 3 · 0 · 0
Efficiency: 0 · 2 · 0
| Factor | KHC | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | −2.0% | Bad beats 16% | +2.3% | – | – |
| Revenue growth, last year | −3.5% | Bad beats 9% | +2.2% | −0.5% | ▼ Worse |
| Profitability | |||||
| Gross margin | 33.4% | Average beats 39% | 38.7% | 33.3% | ≈ In line |
| Operating margin | -12.8% | Bad beats 2% | 11.0% | 13.3% | ▼ Worse |
| Net margin | -13.6% | Bad beats 2% | 6.9% | 8.9% | ▼ Worse |
| Return on invested capital | -4.8% | Bad beats 2% | 15.2% | – | – |
| Return on equity | -9.4% | Bad beats 6% | 18.6% | 4.9% | ▼ Worse |
| Financial strength | |||||
| Interest cover | -4.7x | Bad beats 2% | 11.8x | 1.8x | ▼ Worse |
| Current ratio | 1.06 | Average beats 55% | 1.04 | 0.99 | ≈ In line |
| Piotroski F-score | 5 / 9 | Bad beats 21% | 6 / 9 | – | – |
| Valuation | |||||
| Price / book | 0.8x | Good beats 98% | 4.5x | 0.9x | ≈ In line |
| Price / sales | 1.2x | Good beats 70% | 1.8x | 1.7x | ▲ Better |
| Free cash flow yield | 12.8% | Good beats 98% | 4.8% | 8.5% | ▲ Better |
| Cash flow | |||||
| Free cash flow margin | 15.3% | Good beats 71% | 9.3% | 12.2% | ▲ Better |
| Free cash flow growth, 3 years a year | +33.1% | Good beats 90% | +11.0% | – | – |
| Accruals (lower is better) | −11.0% | Good beats 94% | −4.2% | – | – |
| Efficiency | |||||
| Inventory turnover | 5.0x | Average beats 44% | 5.3x | 5.0x | ≈ In line |
| Days sales outstanding | 34 days | Average beats 60% | 35 days | 29 days | ▼ Worse |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 3 Good · ● 1 Average · ● 10 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldGood
Risk models
Altman Z''Bad
Piotroski F-ScoreBad
Growth
Free-cash-flow growth (3y)Good
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Current ratioAverage
Interest coverBad
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalBad
Operating marginBad
Gross profitabilityBad
Each check is graded against the company's sector, not a fixed number. Checklist score 34/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $26.0B | $26.5B | $26.6B | $25.8B | $24.9B |
| Operating income | $3.5B | $3.6B | $4.6B | $1.7B | −$4.7B |
| Net income | $1.0B | $2.4B | $2.9B | $2.7B | −$5.8B |
| Operating cash flow | $5.4B | $2.5B | $4.0B | $4.2B | $4.5B |
| Operating margin | 13.3% | 13.7% | 17.2% | 6.5% | -18.7% |
| Free cash flow | $4.5B | $1.6B | $3.0B | $3.2B | $3.7B |
| Diluted EPS | $0.82 | $1.91 | $2.31 | $2.26 | $-4.93 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
11 bullish · 1 neutral · 4 bearish
Weekly
Strongly bullish
9 bullish · 1 neutral · 2 bearish
Monthly
Bullish
5 bullish · 1 neutral · 2 bearish
Moving averages (daily)
| SMA 10 | 23.24 | Bullish |
| EMA 10 | 23.51 | Bullish |
| SMA 20 | 22.94 | Bullish |
| EMA 20 | 23.37 | Bullish |
| SMA 50 | 24.03 | Bullish |
| EMA 50 | 23.73 | Bullish |
| SMA 100 | 24.16 | Bullish |
| EMA 100 | 23.81 | Bullish |
| SMA 200 | 23.25 | Bullish |
| EMA 200 | 23.78 | Bullish |
Oscillators (daily)
| RSI (14) | 65.21 | Neutral |
| MACD (12, 26) | -0.01 | Bearish |
| Momentum (12) | 13.89 | Bullish |
| Stochastic %K (14) | 99.25 | Bearish |
| Williams %R (14) | -0.75 | Bearish |
| CCI (20) | 173.6 | Bearish |
Pivot points (classic, last session)
S3 22.71 | S2 23.19 | S1 24.14 | Pivot 24.63 | R1 25.58 | R2 26.06 | R3 27.01 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
1.60 USD
Yield on today's price
6.38%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.4000 | |
| 0.4000 | |
| 0.4000 | |
| 0.4000 | |
| 0.4000 | |
| 0.4000 | |
| 0.4000 | |
| 0.4000 | |
| 0.4000 | |
| 0.4000 | |
| 0.4000 | |
| 0.4000 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold KHC
| ETF | Share of the fund |
|---|---|
| OMAH VistaShares Target 15 Berkshire Select... | 4.59% |
| RSPS Invesco S&P 500 Equal Weight Consumer... | 3.24% |
| SPHD Invesco S&P 500 High Dividend Low Vola... | 3.01% |
| FDVV Fidelity High Dividend | 1.39% |
| COWZ Pacer US Cash Cows 100 | 1.35% |
| XLP Consumer Staples Select Sector SPDR | 1.31% |
| SPYD SPDR Portfolio S&P 500 High Dividend | 1.26% |
| WTV WisdomTree U.S. Quality Shareholder Yi... | 1.14% |
The eight funds with the largest weight in KHC among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
KHC SEC filings
8-KSEC EDGAR
Other events
8-KSEC EDGAR
Director or officer change
8-KSEC EDGAR
Regulation FD disclosure
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Current report
8-KSEC EDGAR
Director or officer change
8-KSEC EDGAR
Regulation FD disclosure
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.