Kraft Heinz Co (KHC)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	8,968,000	9,040,000	9,089,000	9,056,000	8,926,000	8,973,000	8,581,000	8,304,000	8,122,000	7,920,000	8,105,000	8,412,000	8,682,000	9,043,000	9,359,000	9,520,000	9,177,000	8,761,000	8,364,000	7,994,000
Revenue (ttm)	US$ in thousands	25,793,000	25,128,000	25,349,000	25,547,000	25,670,000	26,151,000	26,178,000	26,150,000	25,729,000	23,928,000	23,469,000	23,040,000	23,202,000	24,866,000	25,001,000	25,170,000	25,036,000	24,643,000	24,255,000	24,180,000
Gross profit margin		34.77%	35.98%	35.86%	35.45%	34.77%	34.31%	32.78%	31.76%	31.57%	33.10%	34.53%	36.51%	37.42%	36.37%	37.43%	37.82%	36.66%	35.55%	34.48%	33.06%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $8,968,000K ÷ $25,793,000K
= 34.77%

The gross profit margin of Kraft Heinz Co has displayed fluctuations over the years based on the provided data. The trend shows an increase from March 31, 2020, to December 31, 2021, reaching its peak at 37.82% in March 31, 2021.

Subsequently, the gross profit margin experienced some variations but generally remained relatively stable until June 30, 2022. After this period, there was a visible decline in the margin, dropping to 31.57% by December 31, 2022.

From there, the gross profit margin started to recover, showing an upward trend until December 31, 2024, where it settled at 34.77%. It is important to note that fluctuations in the gross profit margin can be influenced by various factors such as changes in pricing strategies, cost of goods sold, or efficiency in production processes. Monitoring and understanding these fluctuations are essential for assessing the company's profitability and overall financial health.