Kraft Heinz Co (KHC)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 854,000 | 2,043,000 | 2,794,000 | 3,618,000 | 3,642,000 | 3,746,000 | 3,820,000 | 3,045,000 | 2,961,000 | 1,385,000 | 1,719,000 | 1,963,000 | 1,696,000 | 3,502,000 | 3,531,000 | 1,186,000 | 1,025,000 | 67,000 | 325,000 | 2,579,000 |
| 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 |
| Pretax margin | 3.31% | 8.13% | 11.02% | 14.16% | 14.19% | 14.32% | 14.59% | 11.64% | 11.51% | 5.79% | 7.32% | 8.52% | 7.31% | 14.08% | 14.12% | 4.71% | 4.09% | 0.27% | 1.34% | 10.67% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $854,000K ÷ $25,793,000K
= 3.31%
The pretax margin of Kraft Heinz Co has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The pretax margin started at 10.67% in March 2020, declined to 1.34% in June 2020, and continued to decrease to 0.27% in September 2020. However, there was a recovery in the pretax margin to 4.09% by December 2020.
Subsequently, there was further improvement in the pretax margin, reaching a peak of 14.59% in June 2023. The company maintained strong pretax margins throughout the following quarters, with levels above 11% until September 2024.
However, there was a notable decline in the pretax margin to 3.31% by December 2024. Overall, despite some fluctuations, Kraft Heinz Co has demonstrated a varying pattern of pretax margins over the analyzed period, with periods of both growth and decline in profitability before ending with a decrease in December 2024.
Peer comparison
Dec 31, 2024