Kraft Heinz Co (KHC)
Return on equity (ROE)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 2,744,000 | 1,370,000 | 1,922,000 | 2,820,000 | 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 |
Total stockholders’ equity | US$ in thousands | 49,185,000 | 48,328,000 | 48,895,000 | 49,522,000 | 49,526,000 | 49,276,000 | 49,814,000 | 49,153,000 | 48,678,000 | 48,148,000 | 48,796,000 | 49,644,000 | 49,298,000 | 50,089,000 | 49,997,000 | 50,288,000 | 50,103,000 | 49,218,000 | 49,040,000 | 51,009,000 |
ROE | 5.58% | 2.83% | 3.93% | 5.69% | 5.76% | 6.06% | 6.34% | 4.93% | 4.85% | 2.53% | 3.11% | 2.47% | 2.05% | 4.59% | 4.33% | 1.08% | 0.71% | -1.00% | -0.39% | 3.74% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,744,000K ÷ $49,185,000K
= 5.58%
The return on equity (ROE) for Kraft Heinz Co has shown fluctuations over the analyzed period, ranging from negative values to positive values. From March 31, 2020, where the ROE was 3.74%, the ROE turned negative in the subsequent quarters, reaching a low of -1.00% on September 30, 2020. However, there has been a gradual improvement in ROE since then, with positive trends observed in subsequent periods.
The ROE increased to 6.34% on June 30, 2023, representing a significant improvement compared to previous periods. This continued to be above 5% in the subsequent quarters, indicating a positive trend in the company's profitability relative to shareholders' equity.
Although there were fluctuations in the ROE values, the general trend appears to indicate a recovery and improvement in profitability measured against shareholders' equity. It is important for investors and stakeholders to monitor these ratios over time to assess the company's financial performance and management efficiency in utilizing equity to generate profits.
Peer comparison
Dec 31, 2024