KHC
The Kraft Heinz Company
KHC lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to decline.
KHC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Healthy | |
| Weak |
KHC's cash flow is currently healthy, and its revenue is stable, but its profitability and balance sheet are under pressure.
KHC PE Valuation
KHC has no meaningful PE right now: it lost money over the past year.
KHC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Decline | |
| Stable | |
| Weakening | |
| Limited | |
| Moderate |
Analysts expect KHC's earnings and profitability to decline, with its revenue holding steady.
KHC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.97 | — |
| Q3 2026 | -$2.91 | +$0.82 |
| Q2 2026 | -$2.85 | +$1.64 |
| Q1 2026 | -$4.85 | -321% |
| Q4 2025 | -$4.93 | -318% |
| Q3 2025 | -$3.73 | -436% |
| Q2 2025 | -$4.49 | -388% |
| Q1 2025 | $2.19 | -4.4% |
| Q4 2024 | $2.26 | -2.2% |
KHC lost $2.91 per share over the past year, a smaller loss than the year before.
KHC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $6.1B | -2% |
| Q2 2026 | $6.3B | -1.4% |
| Q1 2026 | $6B | +0.8% |
| Q4 2025 | $6.4B | -3.4% |
| Q3 2025 | $6.2B | -2.3% |
| Q2 2025 | $6.4B | -1.9% |
| Q1 2025 | $6B | -6.4% |
| Q4 2024 | $6.6B | -4.1% |
KHC's revenue fell from its 2022 peak and has held roughly level since: $6.1B last quarter, down 2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | -2.1 points |
| Q2 2026 | -103% | +23 points |
| Q1 2026 | 19% | -1 points |
| Q4 2025 | 17% | +18 points |
| Q3 2025 | 16% | +18 points |
| Q2 2025 | -126% | -134 points |
| Q1 2025 | 20% | -0.4 points |
| Q4 2024 | -0.6% | -20 points |
KHC's operating margin was 14% last quarter, down 2.1 points from the same quarter a year ago.
KHC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $702M | -29% |
| Q2 2026 | $893M | -13% |
| Q1 2026 | $766M | +59% |
| Q4 2025 | $1.2B | +2.6% |
| Q3 2025 | $986M | +16% |
| Q2 2025 | $1B | +47% |
| Q1 2025 | $482M | +1% |
| Q4 2024 | $1.1B | +1.7% |
KHC's free cash flow has been positive every quarter for seven years: $3.5B over the past year, down 2.7% from the year before.
KHC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +6M shares |
| 1 year | +0.5% | +6M shares |
| 3 years | -3.5% | -43M shares |
| 5 years | -3.6% | -44M shares |
| Available history | -2.6% | -32M shares |
KHC has 1.2B diluted shares, up 0.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $52M |
| Q2 2026 | $4M |
| Q1 2026 | $23M |
| Q4 2025 | $1M |
| Q3 2025 | — |
| Q2 2025 | $210M |
| Q1 2025 | $225M |
| Q4 2024 | $450M |
KHC spent $80M buying back its own shares over the past year, down 91% from the year before.
KHC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2025 | 7.7x | High |
| Q4 2024 | 7.0x | High |
| Q3 2024 | 4.7x | High |
| Q2 2024 | 4.0x | Elevated |
| Q1 2024 | 3.4x | Elevated |
| Q4 2023 | 3.4x | Elevated |
| Q3 2023 | 3.5x | Elevated |
| Q2 2023 | 3.5x | Elevated |
KHC's net debt is about 7.7 years of its operating earnings (EBITDA), up from 3.4 years a year ago.
KHC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.3 | Neutral |
| Stochastic | 50.9 | Neutral |
KHC's weekly RSI is 51 (neutral) and its Stochastic is 51 (neutral).
KHC PE vs Consumer Defensive Sector
| Metric | KHC | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 19x | — |
KHC has no meaningful PE right now: it lost money over the past year.
KHC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $23.8 | 3.1% above |
| 20 week MA | $24.7 | 0.8% below |
| 50 week MA | $24.0 | 2% above |
| 100 week MA | $25.9 | 5.6% below |
| 200 week MA | $30.8 | 20% below |
KHC's trend is mixed: it's above two of its five weekly moving averages, and 20% below its 200-week average.
KHC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $31.6 | $35.0 | +11% |
| 2021 | $35.0 | $35.3 | +0.8% |
| 2022 | $35.3 | $40.5 | +15% |
| 2023 | $40.5 | $37.0 | -8.7% |
| 2024 | $37.0 | $30.7 | -17% |
| 2025 | $30.7 | $24.1 | -21% |
| 2026 YTD | $24.1 | $24.5 | +1.5% |
KHC has finished three years in a row lower, and it's up 1.5% so far in 2026.