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Primary reporting period: 2025-12-27 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
The Kraft Heinz Company, along with its subsidiaries, operates as a global entity focused on the manufacturing and marketing of a broad spectrum of food and beverage products. Its reach extends across key markets such as the United States, Canada, and the United Kingdom, as well as numerous other international territories. The company's diverse product offerings include popular condiments and sauces, a variety of cheese and dairy items, prepared meals, meat products, and refreshing beverages.
How they make money
The Kraft Heinz Company manufactures and markets food and beverage products, including condiments, sauces, cheese, dairy, meals, meats, refreshment beverages, and coffee. The company sells these products through its own sales organizations and through independent brokers, agents, and distributors to chain, wholesale, cooperative, and independent grocery accounts, convenience stores, drug stores, mass merchants, club stores, and food service distributors.
Products & services
A diverse portfolio of food and beverage products including condiments and sauces, cheese and dairy, ambient meals, frozen and chilled meals, meats, and refreshment beverages.
Brands & revenue mix
Kraft
Flagship brand for cheese, dairy, and various grocery products.
Separate brand revenue is not available in this research.Source
Heinz
Flagship brand for condiments and sauces.
Separate brand revenue is not available in this research.Source
Oscar Mayer
Brand for meat products.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
Customer types
Retailers (grocery, convenience, drug, mass merchants, club stores)Source
For the fiscal year ended December 27, 2025, sales to the company's largest customer, Walmart Inc., represented approximately 21% of consolidated net sales.
Suppliers, materials & equipment
Packaging materials suppliers — The company relies on various suppliers for packaging materials; specific supplier names are unnamed.Source
Agricultural commodities suppliers — The company sources agricultural commodities such as dairy, meat, and produce; specific supplier names are unnamed.Source
Competitors
Nestlé S.A. — Competes in various food and beverage categories including coffee, frozen meals, and prepared dishes.Source
General Mills, Inc. — Competes in packaged food categories including meals and snacks.Source
Unilever PLC — Competes in the condiments and sauces category.Source
Strengths
Strong portfolio of iconic, well-recognized brandsSource
Overall investment score · Quality, value, risk and opportunity
23
Poor
PoorElite
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
29
Poor
Financial Strength
43
Business Quality / Moat
31
Management
13
Growth Quality
20
Risk / Durability
29
Weak Company · Expensive Stock
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
36
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
39/100
Building Historical Record
Model Score 39/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
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WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
What we like
•Insider activity signal is favorable
•Recent buyback activity is present
What to watch
•Debt service risk
•Dividend-change headline · Oct 1, 2026
•Valuation is a weaker part of the current profile
•Revenue fundamentals are weak
Company-specific research
Questions worth answering for KHC
Research inputs 100% complete
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•What is driving KHC's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
•Is KHC's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
•Is KHC's debt load manageable relative to cash generation, interest costs and upcoming maturities?
•What specifically needs to improve for KHC to reach sustainable profitability?
•What future growth or profitability would be needed to justify KHC's current valuation?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for KHC
Detected from reported data — verify before acting.
Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
Debt service risk
Interest coverage is low (~-4.9x). Earnings may be strained to cover interest expense.
Dividend-change headline · Oct 1, 2026
6 High-Yield Stocks Where the Market May Be Warning of a Dividend Cut — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Strong portfolio of iconic, well-recognized brands.
+Global scale and distribution network.
+Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
−Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Packaged Foods industry.
−Intense competition and changing consumer preferences.
−Volatility in commodity costs and supply chain disruptions.
−Risks associated with global operations and currency fluctuations.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
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Scores
Click any score for full breakdown
Wall Street Score
Very Weak23/ 100
Weak (0–50)Fair (51–71)Strong (72+)
Debt
Fair
67
Debt Cost4.5%
Debt Reduction YoY-6.8%
Debt / Equity0.51x
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Revenue
Poor
9
Revenue YoY-0.2%
Revenue CAGR-3.2%
Net Margin-13.6%
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Asset
Fair
55
Asset Growth YoY-7.4%
Liquidation/Share$30.44
Net Assets/MCap2.05x
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Capital
Poor
14
Earnings Yield-12.9%
Buyback Yield2.0%
Debt Cost4.5%
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Management
Poor
13
ROIC-8.9%
ROE-9.4%
ROA-4.6%
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Moat
Poor
31
EPS Growth—
FCF/Share Growth13.1%
Rev/Share Growth-0.7%
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Valuation
Poor
0
Intrinsic Value—
Value Reference—
MOS—
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Buffett
Poor
33
Revenue9
Moat31
Valuation0
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MOS
Poor
0
MOS %—
Value Reference—
Deep Discount Reference—
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Financial
Poor
22
Interest Coverage-4.9x
ROIC-8.9%
FCF Yield13.9%
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Master
Poor
15
Financial22
Valuation0
Debt67
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Resilience
Poor
34
Survival Years0.4 yrs
Current Ratio1.15x
FCF Margin14.7%
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Score Changes
2 historical score records available
Previous Score
23
Jul 24, 2026
Change
-0.4
points
Current Score
23
Oct 1, 2026
Category Changes
Revenue+0.9
Debt0
Assets0
Capital+2.0
Management-6.3
Moat0
Valuation0
Buffett-0.8
KHC decreased 0.4 points because Management declined by 6.3 points.
Positive Contributors
+ Capital improved by 2 points
Negative Contributors
− Management declined by 6.3 points
Projected Score
Projected Score
22
Projected Change
-0.8 points
Preliminary comparable-period financial changes suggest decline of approximately 0.8 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailable
Current Price
$23.86
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Value Reference: —
Deep Discount Reference: —
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Monetary values in USD. Share counts in raw units.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
$24.90B
$24.94B
$25.85B
$26.64B
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····
····
····
····
····
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Cost of Revenue
$16.73B
$16.63B
$16.88B
$17.71B
····
····
····
····
····
····
····
Gross Profit
$8.17B
$8.31B
$8.97B
$8.93B
····
····
····
····
····
····
····
Research & Development
$167.0M
$0.00
$0.00
$147.0M
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····
····
····
····
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SG&A Expenses
$3.84B
$3.67B
$3.49B
$3.59B
····
····
····
····
····
····
····
Operating Expenses
$11.42B
$12.98B
$7.29B
$4.35B
····
····
····
····
····
····
····
EBITDA
-$1.83B
-$3.53B
$2.72B
$5.51B
····
····
····
····
····
····
····
Operating Income
-$3.25B
-$4.67B
$1.68B
$4.57B
····
····
····
····
····
····
····
Interest Expense
$757.0M
$947.0M
$912.0M
$912.0M
····
····
····
····
····
····
····
Income Before Tax
-$3.66B
-$5.45B
$856.0M
$3.63B
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····
····
····
····
····
····
Income Tax Expense
-$262.0M
$403.0M
-$1.89B
$787.0M
····
····
····
····
····
····
····
Net Income
-$3.40B
-$5.85B
$2.74B
$2.85B
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····
····
····
····
····
····
Basic EPS
$-2.86
$-4.93
$2.27
$2.33
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Basic Shares
1.19B
1.19B
1.21B
1.23B
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····
····
····
····
····
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Diluted Shares
1.19B
1.19B
1.22B
1.24B
····
····
····
····
····
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Upgrade to Premium for up to 10 annual periods, where available.
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Margins expanded
Cash position grew
Debt reduced
Potential Score Impact
Positive indicators included cash levels, debt levels, net income margin. Pressure indicators included revenue growth, EPS growth. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue declined 1.4%. EPS declined 30.0%. Cash increased 54.4%. Total debt declined 10.4%. Net income margin improved by 36.0 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Upgrade to Premium to unlock all earnings history.View plans
Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
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Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
$———.——
Premium
5 Years
$———.——
Premium
10 Years
$———.——
Premium
Conservative Projection Rate
——%
Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
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