The Kraft Heinz Company (KHC)

NASDAQ: KHC · USD

$23.8

-0.24 (-1.0%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-10-05

Our latest published analysis: KHC rated Sell

The Kraft Heinz Company's published Sell conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$14.8 / share

Potential value

$21.1 / share

Upside to FV

-32.5%

from $23.8

Moat

6/10

Narrow

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$26.0B
Revenue (ttm)	24.9B
Net income (ttm)	-3.4B
EPS (ttm)	-$2.87
Shares out	1.2B
P/E (forward)	11.2x
Dividend	$1.60 (6.71%)
Volume	6,275,243
Beta	0.11

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 24.9B
Net income (ttm): -3.4B
EPS (ttm): -$2.87
P/E (forward): 11.2x
Market cap: $26.0B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-25	2022-12-31	2023-12-30	2024-12-28	2025-12-27	Trend
Revenue	$26.04B	$26.49B	$26.64B	$25.85B	$24.94B	-1.1%
Gross profit	$8.68B	$8.12B	$8.93B	$8.97B	$8.31B	-1.1%
Operating income	$3.46B	$3.63B	$4.57B	$1.68B	$-4.67B	—
Net income	$1.01B	$2.36B	$2.86B	$2.74B	$-5.85B	—
EPS (diluted)	$0.82	$1.91	$2.31	$2.26	$-4.93	—
EBITDA	$4.67B	$4.82B	$5.51B	$2.72B	$-3.53B	—
R&D	$140.0M	$127.0M	$147.0M	$150.0M	$167.0M	+4.5%
SG&A	$5.22B	$4.49B	$4.35B	$7.29B	$12.98B	+25.6%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AI	C3.ai, Inc.	2B	—	8.4x	-35.6%	+3.6%	-33.6%	매도
BAX	Baxter International Inc.	13.1B	—	1.2x	6.8%	-1.2%	+9.9%	매수
CNC	Centene Corporation	33.2B	22.7x	0.2x	6.9%	+9.6%	+101.2%	비중 축소
ADM	Archer-Daniels-Midland Company	37.3B	21.2x	0.5x	5.0%	+1.8%	+28.5%	비중 축소
BF.B	Brown-Forman Corporation Class B	12.7B	17.9x	3.3x	14.3%	+1.6%	+0.4%	매수
CAG	Conagra Brands, Inc.	6.6B	—	0.6x	9.2%	+0.2%	-18.9%	적극 매수

Base and Bull scenarios

Base50%

Price target

$14.80

-32.5% from spot

The modal base scenario carries a probability of 50.0%, establishing a target of $14.80 which represents an implied return of -32.5% relative to $21.91. This path assumes operational stabilization across core North American grocery brands, with sequential improvement in consumption trends and disciplined gross productivity initiatives offsetting upcoming input cost inflation. Operating margins normalize gradually as marketing investments reinforce brand equity, while enterprise cash flows are directed toward debt reduction.

Sequential volume recovery across core condiments and packaged meals toward flat organic sales growth.
Operating margins normalize gradually toward peer medians as productivity offsets cost inflation.
Underlying free cash flow remains stable and is prioritized toward scheduled debt reduction.

Bull25%

Price target

$21.05

-3.9% from spot

The optimistic scenario carries a probability of 25.0%, establishing a target of $21.05 and Potential value of $21.05, representing an implied return of -3.9% from $21.91. In this path, stepped-up brand reinvestment drives a sustained turnaround in retail consumption, while emerging market distribution channels deliver double-digit growth. Operating leverage expands as gross productivity programs outpace input cost inflation, enabling operating margins to expand toward peer-leading levels and accelerating debt paydown.

Taste Elevation marketing and Disney brand partnerships accelerate positive volume consumption.
Emerging markets sustain rapid double-digit distribution expansion across retail and foodservice.
Productivity savings fully absorb upcoming cost inflation, lifting operating margins beyond historical norms toward peer highs.

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($14.80). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	1.5%	1.8%	2.0%	2.3%	2.5%
9.2%	$16.1	$16.4	$16.7	$17.1	$17.4
9.7%	$15.2	$15.4	$15.7	$16.0	$16.3
10.2%	$14.3	$14.6	$14.8	$15.0	$15.3
10.7%	$13.6	$13.8	$14.0	$14.2	$14.4
11.2%	$12.9	$13.0	$13.2	$13.4	$13.6

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E11.2

P25 n/aP50 n/aP75 n/a

Trailing P/E0

P25 n/aP50 n/aP75 n/a

ROE-8.8

P25 n/aP50 n/aP75 n/a

ROIC8.1

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All KHC indicators

Market & fundamental data

Available fields

261

Groups with data

Currency

USD

Showing 261 of 261 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001637459
Company name	The Kraft Heinz Company
Country	United States
Country code	US
CUSIP number	500754106
Earnings date	2026-11-04
Earnings time	bmo
Employees	35,000
Employees change	-1,000
Employees growth	-2.78%
Enterprise value	$44.6B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-06-27
First seen	2026-05-09
Fiscal year end	December
Founded	1869
In index	SP500
Industry	Packaged Foods
Is primary listing	Yes
Is SPAC	No
ISIN number	US5007541064
Last 10-K release date	2026-02-12
Last earnings date	2026-08-05
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$28.3B
Market cap category	Large-Cap
Next earnings date	2026-11-04
Options	Yes
Price	$23.83
Price currency	USD
Sector	Consumer Staples
SIC code	2030
Stock price date	2026-10-28
Symbol	KHC
U.S. state	Pennsylvania
Website	https://www.kraftheinzcompany.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	9.85x
Average P/E ratio (10Y)	27.48x
Average P/E ratio (5Y)	23.02x
Earnings yield	-12.03%
EV/EBIT	9.93x
EV/EBITDA	8.12x
EV/FCF	11.69x
EV/Sales	1.79x
FCF / EV yield	8.55%
FCF yield	13.49%
Forward EV/Sales	1.81x
Forward P/E	11.98x
Forward P/S	1.15x
Industry forward P/E	12.41x
Industry P/E	68.48x
P/(FCF - SBC) ratio	7.6x
P/(OCF - SBC) ratio	6.25x
P/B ratio	0.79x
P/FCF ratio	7.41x
P/OCF ratio	6.12x
P/S ratio	1.14x
Price/EBITDA ratio	5.15x
Sector forward P/E	21.33x
Sector P/E	28.29x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	18.04%
EBITDA margin	22.06%
FCF margin	15.33%
Gross margin	33.5%
Operating margin	18.04%
Pretax margin	-14.71%
Profit margin	-13.64%
Profit per employee	$-97,029
Revenue per employee	$711,429
ROA	3.63%
ROA (5Y)	3.59%
ROCE	6.98%
ROE	-8.76%
ROE (5Y)	1.07%
ROIC	8.05%
ROIC (5Y)	6.37%
SBC / revenue	0.38%
Tax / revenue	-1.05%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth quarters	2
EPS growth years	0
FCF growth	9.22%
FCF growth (Q)	-12.62%
FCF growth (QoQ)	16.58%
FCF growth 3Y	18.8%
FCF growth 5Y	-0.8%
Gross profit growth	-3.94%
Gross profit growth (Q)	-6.82%
Gross profit growth 3Y	-1.08%
Gross profit growth 5Y	-2.27%
Net income growth quarters	2
Net income growth years	0
OCF growth	5.02%
OCF growth (Q)	-10.51%
OCF growth (QoQ)	7.55%
OCF growth 10Y	4.57%
OCF growth 3Y	12.28%
OCF growth 5Y	-0.52%
Operating income growth	-15.61%
Operating income growth (Q)	-26.24%
Operating income growth 3Y	-5%
Operating income growth 5Y	-5.71%
Revenue growth	-1.62%
Revenue growth (Q)	-1.42%
Revenue growth (QoQ)	3.56%
Revenue growth 10Y	-0.66%
Revenue growth 3Y	-2.78%
Revenue growth 5Y	-1.15%
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-805M
Depreciation and amortization	$1B
EBIT	$4.5B
EBITDA	$5.5B
EPS	$-2.87
FCF per share	$3.22
Financing cash flow	$-3.7B
Free cash flow	$3.8B
Free cash flow minus SBC	$3.7B
Gross profit	$8.3B
Income taxes	$-262M
Investing cash flow	$66M
Net borrowing	$-1.8B
Net cash flow	$977M
Net income	$-3.4B
Operating cash flow minus SBC	$4.5B
Operating income	$4.5B
Revenue	$24.9B
Stock-based compensation	$95M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	0.85
Book value per share	$30.36
Debt / EBITDA	3.15
Debt / equity	0.53
Debt / FCF	4.98
Goodwill	$19.7B
Interest coverage	4.93
Long-term assets	$63.8B
Long-term liabilities	$28.2B
Net cash (debt)	$-16.3B
Net cash / market cap	-57.68%
Net debt / EBITDA	2.97
Net debt / equity	0.45
Net debt / FCF	4.28
Piotroski F-Score	5
Property, plant and equipment	$7.2B
Shareholders' equity	$36.1B
Tangible book value	$-16.1B
Tangible book value per share	$-13.56
Total assets	$73.1B
Total cash	$2.7B
Total debt	$19B
Total liabilities	$36.9B
WACC	4.43%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.32
Current assets	$9.3B
Current liabilities	$8.7B
Current ratio	1.06
Inventory turnover	4.82
Net working capital	$-764M
Quick ratio	0.57
Working capital	$535M
Working capital turnover	43.23

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	1.13%
Dividend growth	0%
Dividend growth (10Y)	-5.77%
Dividend growth (3Y)	0%
Dividend growth (5Y)	0%
Dividend growth years	0
Dividend payment date	2026-09-25
Dividend payment years	12
Dividend payout frequency	Quarterly
Dividend per share	$1.60
Dividend yield	6.71%
Ex-dividend date	2026-09-04
FCF payout ratio	49.72%
Last dividend	$0.40
Shareholder yield	7.82%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-72.98%
10Y return CAGR	-8.06%
10Y total return	-56.84%
150-day SMA	$23.95
1D price change	-0.98%
1M price change	0.28%
1M total return	0.28%
1W price change	-0.57%
1W total return	-0.57%
1Y price change	-7.41%
1Y return CAGR	-1.07%
1Y total return	-1.07%
20-day SMA	$23.13
200-day SMA	$23.87
3M price change	-9.63%
3M total return	-8.19%
3Y price change	-24.63%
3Y return CAGR	-3.78%
3Y total return	-10.93%
50-day SMA	$24.10
50-day SMA vs 200-day SMA	50over200
52-week high	$28.09
52-week high date	2026-07-29
52-week low	$21.04
52-week low date	2026-03-24
5Y price change	-34.9%
5Y return CAGR	-3.48%
5Y total return	-16.21%
6M price change	8.1%
6M total return	11.82%
All-time high	$97.77
All-time high date	2017-02-17
All-time low	$19.99
All-time low date	2020-03-16
Average true range (ATR)	$0.62
Average volume	13.9M
Beta (1Y)	0.13
Beta (2Y)	0.19
Beta (5Y)	0.11
Change from 52-week high	-15.18%
Change from 52-week low	13.26%
Change from all-time high	-75.76%
Change from all-time low	18.53%
Change from open	0.11%
Day's gap	-1.08%
Dollar volume	$149.5M
High price	$24.00
Low price	$23.67
Monthly RSI	40.32
Open price	$23.80
Position in 52-week range	46.97%
Premarket change	-0.91%
Premarket close	$24.06
Premarket price	$23.84
Premarket volume	38.7K
Previous close	$24.06
Price vs 150-day SMA	-1.07%
Price vs 20-day SMA	2.43%
Price vs 200-day SMA	-0.74%
Price vs 50-day SMA	-1.68%
Relative volume	0.45
RSI	50.04
Sharpe ratio	-0.04
Sharpe ratio (3Y)	-0.19
Sharpe ratio (5Y)	-0.21
Sortino ratio	0.14
Sortino ratio (3Y)	-0.03
Sortino ratio (5Y)	-0.06
Volume	6.3M
Weekly RSI	47.4
YTD price change	-2.29%
YTD total return	2.77%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	856M
Float percentage	72.18%
Shares change (QoQ)	-0.17%
Shares change (YoY)	-1.13%
Shares held by insiders	0.3%
Shares held by institutions	63.98%
Shares outstanding	1.2B
Short % of float	11.52%
Short % of shares	8.32%
Short ratio	4.3 days

Other indicators

Additional ticker metrics that do not fit the primary research groupings.

Metric	Value
Page views	134

Deeper analysis on KHC

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this KHC report

What is the latest published KHC stock rating?

The Kraft Heinz Company is shown with Sell in the latest published report, analyzed 2026-10-05. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full KHC analysis?

The full latest published report, analyzed 2026-10-05, lives at /stocks/KHC/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for KHC?

The latest published report analyzed 2026-10-05 gives KHC a fair value of USD 15 and a potential value of USD 21. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the KHC page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-10-05). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

SellKHC · Fair value $14.8-32.5%

Read full analysis →

The Kraft Heinz Company (KHC)

Our latest published analysis: KHC rated Sell

Price

Financial snapshot

Fair-value bridge

Latest news · KHC

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All KHC indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on KHC

Frequently asked questions

등급 이력

Category	Score	Reading
Valuation	1.5
Management	7.5
Balance Sheet	6.0
Profitability	1.5
Revenue Growth	2.5
Risk Assessment	7.5
Competitive Moat	6.0
Earnings Quality	3.5
Capital Efficiency	3.5