3 months Premium FREE
No credit card. No commitment.
Kraft Heinz Co
🇺🇸 KHC · NYSE/NASDAQ · US5007541064
Consumer
USD 25.19 price at analysis
Scores
Key Metrics
Powered by EODHDP/E (TTM)
N/A
P/E (Price-to-Earnings)Shows how much investors pay for each $1 of profit. We display the TTM P/E (Trailing Twelve Months) which uses actual earnings from the last 4 quarters. This is more reliable than Forward P/E which uses analyst estimates.
TTM period through: 2026-03-31
Why N/A?
EPS (TTM) = -4.84 (negative or zero)
Cannot calculate P/E with negative earnings.
Forward P/E (estimated): 12.3
Based on analyst estimates
Reference: Provider P/E (Forward): 12.3
Net Debt/EBITDA (TTM)
11.2x
Latest quarter: 11.2x
Net Debt / EBITDAA leverage ratio showing how many years of EBITDA (earnings before interest, taxes, depreciation, and amortization) it would take to repay net debt. EBITDA approximates operating cash generation. Lower ratios (e.g., <3x) are generally safer; higher (e.g., >5x) may indicate more financial risk.
TTM through: 2026-03-31
Latest quarter (2026-03-31): 11.2x
The quarterly value can spike when quarterly EBITDA is very low (e.g., one-time charges).
Quick guide: <2x manageable, >4x can be risky (sector-dependent).
ROE
-12.6%
ROE (Return on Equity)A profitability measure: how much profit is generated from shareholders’ equity. Higher isn’t always better if it comes from high debt.
EV/EBITDA
13.1x
EV/EBITDAA valuation ratio that compares total business value (including debt) to EBITDA. Lower can mean cheaper, but context matters.
Dividend Summary
Powered by EODHDDividend Yield (Fwd)
6.35%
TTM: 6.40%
Dividend YieldThe Forward yield (Fwd) shows the next announced annual dividend / current price — what you'd earn going forward. The Trailing yield (TTM) in the tooltip shows dividends actually paid in the last 12 months. Forward is shown as primary because it reflects the company's current commitment to shareholders.
Forward Yield (estimated): 6.35%
Trailing Yield (TTM, last 12 months): 6.40%
Payout Ratio (Fwd)
62.7% TTM
Payout RatioDividends as a percentage of earnings. The Forward payout (Fwd) uses the announced dividend divided by actual past earnings (TTM) — it tells you if the company can afford what it promised. Very high payouts can be risky, especially if profits fall.
Announced dividend / actual earnings (TTM)
Cash Flow Payout (TTM): 39.9%
FCF Coverage (TTM): 2.08x
Div. Growth (5Y)
0.0%
Dividend History
EODHD Dividends API| Status | Type | Decl. Date | Ex-Div Date | Pay Date | Currency | Amount |
|---|---|---|---|---|---|---|
| Forecast* | Quarterly | — | 30 May 2027 | — | USD | 0.4 |
| Forecast* | Quarterly | — | 06 Mar 2027 | — | USD | 0.4 |
| Forecast* | Quarterly | — | 28 Nov 2026 | — | USD | 0.4 |
| Forecast* | Quarterly | — | 29 Aug 2026 | — | USD | 0.4 |
| Paid | Quarterly | 06 May 2026 | 05 Jun 2026 | 26 Jun 2026 | USD | 0.4 |
| Paid | Quarterly | 11 Feb 2026 | 06 Mar 2026 | 27 Mar 2026 | USD | 0.4 |
| Paid | Quarterly | 29 Oct 2025 | 28 Nov 2025 | 26 Dec 2025 | USD | 0.4 |
| Paid | Quarterly | 30 Jul 2025 | 29 Aug 2025 | 26 Sep 2025 | USD | 0.4 |
* Extrapolated from past dividend history. Not an official announcement — treat as an estimate, not a confirmed date or amount.
Summary
Kraft Heinz operates as a global packaged food giant generating robust free cash flow that securely covers its attractive 6.4% yield despite negative GAAP earnings. However, a chronic pattern of multi-billion dollar brand impairment charges, stagnant long-term revenues, and emerging litigation over ultra-processed foods signal structural deterioration. Not recommended for new positions given the significant long-term structural risks; better opportunities exist in more stable consumer staples businesses.
Sector Context
Kraft Heinz is a major global consumer packaged goods company, manufacturing and marketing food and beverage products across iconic brands like Kraft, Heinz, Oscar Mayer, and Philadelphia. In dividend investing, packaged food companies are traditionally viewed as defensive, cash-generative essential services; however, evolving consumer health preferences, regulatory shifts, and legacy brand obsolescence can turn stable dividend payers into value traps.
Temporary Opportunity Identified
Massive non-cash impairment charges (including $9.3 billion in Q2 2025) have temporarily driven GAAP EPS deeply negative, masking the company's underlying operational cash generation.
📊 Strategy Analysis
- • Operates in the essential packaged foods sector, providing historically defensive, non-cyclical cash flows.
- • Robust free cash flow generation comfortably covers the attractive 6.4% dividend yield, evidenced by a low cash flow payout ratio of 39.9%.
- • Recent massive GAAP net losses are primarily driven by non-cash impairment charges, allowing the company to maintain positive adjusted earnings and strong operating cash flow.
⚠ What to Watch
- • Chronic history of massive non-cash impairment charges ($9.3B in 2025, $1.4B in 2024, and $15.4B in 2019) strongly indicates structural brand value deterioration.
- • Long-term fundamentals demonstrate secular stagnation, featuring a 10-year revenue CAGR of -0.5% and an 8-year adjusted earnings CAGR of -3.3%.
- • Faces severe structural headwinds from emerging ultra-processed food (UPF) 'addiction' litigation, upcoming PFAS packaging bans in the EU, and a restrictive legacy debt load exceeding $19 billion.
📊 Historical Trends (10 Years)
Powered by EODHDThese charts show how key metrics have evolved over the past decade, helping you identify if the company is improving or deteriorating.
Debt Evolution (Net Debt / EBITDA)
Lower values are better. A declining trend indicates the company is reducing its debt (deleveraging).
Revenue & Earnings Growth
Consistent growth in revenueRevenue
The money a company brings in from selling its products or services. It’s the top line before costs. (blue) and earningsEarnings (Profit)
What’s left after expenses. Positive earnings mean the business made a profit; negative means a loss. (green) indicates a healthy business. Look for upward trends and recoveries after temporary dips.
Dividend Sustainability (FCF vs Dividends Paid)
Free cash flowFree Cash Flow
Cash left after the company pays for running the business and maintaining it. Often used to fund dividends, pay debt, or buy back shares. (FCFFCF (Free Cash Flow)
Short for Free Cash Flow: cash left after operating needs and maintenance spending., blue) should cover dividends paidDividends Paid
Cash the company paid out to shareholders. It’s not guaranteed and can change over time. (green). If dividends consistently exceed FCFFCF (Free Cash Flow)
Short for Free Cash Flow: cash left after operating needs and maintenance spending., the dividend may be at risk.
Analysis date: 2026-07-04
Disclaimer: This information is for educational purposes only. Not financial advice.