Kraft Heinz Co (KHC)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	8,968,000	8,926,000	8,122,000	8,682,000	9,177,000
Revenue	US$ in thousands	25,795,000	25,669,000	25,743,000	23,232,000	24,638,000
Gross profit margin		34.77%	34.77%	31.55%	37.37%	37.25%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $8,968,000K ÷ $25,795,000K
= 34.77%

The gross profit margin of Kraft Heinz Co has fluctuated over the past five years, with a decrease from 37.25% as of December 31, 2020, to 31.55% as of December 31, 2022. However, there was a rebound in the following year, reaching 34.77% as of December 31, 2023, which was maintained in the most recent period ending on December 31, 2024. Despite the variability, the company has managed to effectively manage its cost of goods sold relative to its revenue, demonstrating a level of stability in its gross profit margin over the analyzed period.