Kraft Heinz Co (KHC)

Operating 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
Operating income (ttm)	US$ in thousands	4,572,000	4,498,000	4,596,000	3,762,000	3,634,000	2,388,000	2,793,000	3,486,000	3,460,000	5,030,000	5,021,000	2,447,000	2,128,000	1,172,000	1,205,000	3,278,000	3,070,000	-11,660,000	-11,766,000	-11,143,000
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
Operating profit margin		17.65%	17.05%	17.40%	14.26%	14.12%	9.98%	11.90%	15.13%	14.91%	20.23%	20.08%	9.72%	8.50%	4.76%	4.97%	13.56%	12.68%	-48.14%	-47.85%	-44.83%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $4,572,000K ÷ $25,904,000K
= 17.65%

The operating profit margin of Kraft Heinz Co has shown fluctuating trends over the past five years. In the most recent quarter, the operating profit margin stood at 17.65%, representing a slight improvement compared to the previous quarter at 17.05%. The company has demonstrated the ability to maintain relatively consistent margins above 10%, with occasional spikes above 20% in certain quarters. However, there have been periods of lower margins, notably in the first quarter of 2020 and 2019, where the operating profit margin was significantly negative.

Overall, the operating profit margin of Kraft Heinz Co reflects a mix of profitability levels, with a general trend of improvement in recent quarters. It is important for investors and stakeholders to monitor the company's operational efficiency and cost management strategies to ensure sustained profitability in the future.