The Kraft Heinz Company
KHCFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/28/2024
Revenue
25,846
Cost of Revenue
16,878
Gross Profit
8,968
Gross Margin
34.7%
Operating Income
1,683
Operating Margin
6.5%
Net Income
2,744
Net Margin
10.6%
EPS (Basic)
$2.27
EPS (Diluted)
$2.26
EBITDA
2,716
EBITDA Margin
10.5%
2023
12/31/2023
Revenue
26,640
Cost of Revenue
17,714
Gross Profit
8,926
Gross Margin
33.5%
Operating Income
4,572
Operating Margin
17.2%
Net Income
2,855
Net Margin
10.7%
EPS (Basic)
$2.33
EPS (Diluted)
$2.31
EBITDA
5,506
EBITDA Margin
20.7%
2022
12/31/2022
Revenue
26,485
Cost of Revenue
18,363
Gross Profit
8,122
Gross Margin
30.7%
Operating Income
3,634
Operating Margin
13.7%
Net Income
2,363
Net Margin
8.9%
EPS (Basic)
$1.93
EPS (Diluted)
$1.91
EBITDA
4,820
EBITDA Margin
18.2%
2021
12/31/2021
Revenue
26,042
Cost of Revenue
17,360
Gross Profit
8,682
Gross Margin
33.3%
Operating Income
3,460
Operating Margin
13.3%
Net Income
1,012
Net Margin
3.9%
EPS (Basic)
$0.83
EPS (Diluted)
$0.82
EBITDA
4,665
EBITDA Margin
17.9%
2020
12/31/2020
Revenue
26,185
Cost of Revenue
17,008
Gross Profit
9,177
Gross Margin
35.0%
Operating Income
2,128
Operating Margin
8.1%
Net Income
356
Net Margin
1.4%
EPS (Basic)
$0.29
EPS (Diluted)
$0.29
EBITDA
3,393
EBITDA Margin
13.0%