Kraft Heinz Co (KHC)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,855,000 | 2,988,000 | 3,158,000 | 2,423,000 | 2,363,000 | 1,216,000 | 1,517,000 | 1,225,000 | 1,012,000 | 2,301,000 | 2,165,000 | 541,000 | 356,000 | -494,000 | -192,000 | 1,908,000 | 1,935,000 | -10,815,000 | -11,095,000 | -10,790,000 |
| Revenue (ttm) | US$ in thousands | 25,904,000 | 26,385,000 | 26,412,000 | 26,384,000 | 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 | 24,202,000 | 24,222,000 | 24,591,000 | 24,854,000 |
| Net profit margin | 11.02% | 11.32% | 11.96% | 9.18% | 9.18% | 5.08% | 6.46% | 5.32% | 4.36% | 9.25% | 8.66% | 2.15% | 1.42% | -2.00% | -0.79% | 7.89% | 8.00% | -44.65% | -45.12% | -43.41% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,855,000K ÷ $25,904,000K
= 11.02%
The net profit margin of Kraft Heinz Co has exhibited fluctuations over the periods indicated. The net profit margin indicates the company's profitability after all expenses have been deducted from revenues. In the most recent quarter, ending December 31, 2023, Kraft Heinz Co reported a net profit margin of 11.02%, a slight decrease from the previous quarter's 11.32%.
The company experienced significant variations in net profit margins in earlier periods, ranging from negative figures to positive single digits. These fluctuations may be attributed to various factors such as changes in costs, revenues, operating efficiency, and one-time charges impacting profitability.
It is essential for investors and stakeholders to monitor the trend in net profit margins over time to assess the company's financial performance and sustainability. Consistent improvement in net profit margins may signal efficiency and better profitability, while declining margins could indicate challenges that the company may be facing.
Peer comparison
Dec 31, 2023