Kraft Heinz (KHC) stock
Consumer Staples · Packaged Foods & Meats
Kraft Heinz (KHC) is a Packaged Foods & Meats company in the Consumer Staples sector, headquartered in Chicago, Illinois; Pittsburgh, Pennsylvania. As of October 23, 2026, KHC closed at $24.80, a market capitalization of $29.41 billion, the 322nd largest company in the S&P 500. Over the last twelve months it generated $24.90 billion in revenue (-1% year over year) and $3.82 billion in free cash flow.
- 1-year total return: +4.3% (dividends reinvested)
- 5-year return: -2.6% a year
- 52-week range: $21.04 – $28.09
- Gross margin 33.5%, operating margin 15.5%
- Dividend yield: 6.45%
- FI Handbook report card: C+ across 10 metrics
- 21st largest of 34 Consumer Staples stocks in the S&P 500
KHC price chart
1Y price change: -2.4% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| KHC | +4.2% | +7.6% | +4.3% | -2.0% | -2.6% | -7.7% | -4.9% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2015.
KHC key statistics
- Market cap
- $29.4B
- #322 in S&P 500
- P/E (TTM)
- —
- Forward P/E
- 11.9x
- EPS (TTM)
- $-2.87
- Revenue (TTM)
- $24.9B
- -1%
- Free cash flow
- $3.8B
- Gross margin
- 33.5%
- Operating margin
- 15.5%
- Return on equity
- -8.8%
- Dividend yield
- 6.45%
- 52-week range
- $21.04 – $28.09
- Beta
- 0.11
- Price / sales
- 1.2x
- EV / EBITDA
- 8.3x
- Debt / equity
- 0.53x
- Employees
- 35,000
KHC report card
C+Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth-1.4%F
- Gross margin33.5%C
- Operating margin15.5%C
- FCF margin15.3%B
- Return on equity-8.8%F
- Net debt / EBITDA3.0xD
- Forward P/E11.9xA
- PEG ratio1.0xA
- Shareholder yield7.9%A
- Share count change / yr-0.7%B
Kraft Heinz financials
Revenue went from $26.3B in fiscal 2016 to $24.9B in fiscal 2025, shrinking 0.6% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.3B | $26.1B | $26.3B | $25.0B | $26.2B | $26.0B | $26.5B | $26.6B | $25.8B | $24.9B |
| Gross profit | $9.1B | $9.0B | $8.9B | $8.1B | $9.2B | $8.7B | $8.1B | $8.9B | $9.0B | $8.3B |
| Operating income | $5.6B | $6.1B | -$10.2B | $3.1B | $2.1B | $3.5B | $3.6B | $4.6B | $1.7B | -$4.7B |
| Net income | $3.6B | $10.9B | -$10.2B | $1.9B | $356.0M | $1.0B | $2.4B | $2.9B | $2.7B | -$5.8B |
| EPS (diluted) | $2.78 | $8.91 | $-8.36 | $1.58 | $0.29 | $0.82 | $1.91 | $2.31 | $2.26 | $-4.93 |
| Free cash flow | $1.4B | -$693.0M | $1.7B | $2.8B | $4.3B | $4.5B | $1.6B | $3.0B | $3.2B | $3.7B |
| Buybacks | — | — | — | — | — | $271.0M | $280.0M | $455.0M | $988.0M | $436.0M |
| Dividends paid | $3.6B | $2.9B | $3.2B | $2.0B | $2.0B | $2.0B | $2.0B | $2.0B | $1.9B | $1.9B |
| Diluted shares | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into KHC?
A reverse DCF asks what growth the current price requires. With an enterprise value of $45.7B and $3.8B of trailing free cash flow, Kraft Heinz needs to grow free cash flow about -1.9% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew -3.3% a year over the last five years.
P/E ratio history
Current 11.0x vs. median 19.3x (10th–90th percentile 6.9x–123.6x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
KHC dividend
- Dividend yield
- 6.45%
- Annual dividend
- $1.60
- Years of increases
- —
- 5-yr dividend growth
- 0.0%
- per year
- Payout ratio
- 73%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
KHC analyst price targets
18 analysts' average 12-month target is $24.69 (-0% vs. $24.80). Targets range from $19.00 to $41.00. 10% rate it a buy.
KHC earnings
Next report: November 4, 2026. Kraft Heinz has beaten EPS estimates 8 quarters in a row. Last quarter's revenue was $6.3B (-1% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 5, 2026 | $0.53 | $0.56 | +5.6% |
| May 6, 2026 | $0.50 | $0.58 | +15.4% |
| Feb 11, 2026 | $0.61 | $0.67 | +9.1% |
| Oct 29, 2025 | $0.58 | $0.61 | +5.8% |
| Jul 30, 2025 | $0.64 | $0.69 | +8.4% |
| Apr 29, 2025 | $0.60 | $0.62 | +3.1% |
| Feb 12, 2025 | $0.78 | $0.84 | +7.8% |
| Oct 30, 2024 | $0.74 | $0.75 | +1.2% |
Stocks like KHC
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 MDLZ Mondelez International | -2.13% | +8% | $81.4B | 23.5x | Compare |
 HSY Hershey | -3.42% | -4% | $34.1B | 23.2x | Compare |
 TSN Tyson Foods | -0.65% | +13% | $19.9B | 35.0x | Compare |
 GIS General Mills | -2.25% | -23% | $18.4B | — | Compare |
 SJM J.M. Smucker | -2.56% | +32% | $13.9B | 60.7x | Compare |
 MKC McCormick & Company, Incorporat | -1.21% | -26% | $12.9B | 8.7x | Compare |
 HRL Hormel Foods | -1.40% | -6% | $11.6B | 34.0x | Compare |
 WMT Walmart | -1.02% | +13% | $954.1B | 43.4x | Compare |
KHC news
- Conagra Has Already Cut Its Dividend. Can Kraft Heinz Avoid the Same Fate? · Oct 24, 2026
- Kraft Heinz (KHC): buy, sell, or hold post Q2 earnings? · Oct 24, 2026
- How Soup Launch In Canada At Kraft Heinz (KHC) Has Changed Its Investment Story · Oct 24, 2026
- Kraft Heinz (KHC) Declines More Than Market: Some Information for Investors · Oct 23, 2026
- Kraft Heinz (KHC) vs. GIS and CAG: Can Strong Cash Generation and Debt Paydown Revive a Forgotten Consumer Staples Stock? · Oct 22, 2026
KHC stock FAQ
What is KHC's market cap?
Kraft Heinz's market capitalization is $29.41 billion as of October 23, 2026, ranking 322nd in the S&P 500.
Does KHC pay a dividend?
Yes. Kraft Heinz pays $1.60 per share a year, a 6.45% yield. Dividends grew 0.0% a year over the last five years.
How much has KHC stock returned?
Including reinvested dividends, KHC returned +4.3% over one year, -2.6% a year over five years, -7.7% a year over ten years through October 23, 2026.
Is KHC stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Kraft Heinz must grow free cash flow about -2% a year for the next decade. Its free cash flow fell 3% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the KHC price target?
18 analysts cover KHC with an average 12-month price target of $24.69, -0% from the current price. 10% of them rate it a buy.
When does KHC report earnings?
Kraft Heinz is expected to report earnings on November 4, 2026. It has beaten EPS estimates 8 quarters in a row.
How many employees does Kraft Heinz have?
Kraft Heinz has about 35,000 full-time employees, or $711,429 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology