Kraft Heinz profit margin KHC
Gross, operating and net profit as a share of revenue over the last twelve months, from 2014.
- Net margin, 12 months
- −13.6%
- Operating margin, 12 months
- −12.8%
- Net margin on a year earlier
- +7.2 pts
- Peer median
- 5.5%
Over the twelve months to Jun 27, 2026, Kraft Heinz kept −13.6% of its revenue as net profit, with an operating margin of −12.8% and a gross margin of 33.4%.
Five years earlier its net margin was 8.2%.
The median for 10 packaged Foods stocks of a similar size is 5.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −23.4% | −18.7% | 33.3% |
| FY2024 | 10.6% | 6.5% | 34.7% |
| FY2023 | 10.7% | 17.2% | 33.5% |
| FY2022 | 8.9% | 13.7% | 30.7% |
| FY2021 | 3.9% | 13.3% | 33.3% |
| FY2020 | 1.4% | 8.1% | 35.0% |
| FY2019 | 7.7% | 12.3% | 32.6% |
| FY2018 | −38.8% | −38.8% | 34.0% |
| FY2017 | 42.0% | 23.2% | 34.6% |
| FY2016 | 13.7% | 23.2% | 36.2% |
| FY2015 | 3.5% | 14.4% | 31.4% |
| FY2014 | 6.0% | 14.4% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −13.6% | +7.2 pts | −12.8% | |
| Q1 FY26 | −23.0% | −33.5 pts | −18.9% | |
| Q4 FY25 | −23.4% | −34.1 pts | −18.7% | |
| Q3 FY25 | −17.4% | −22.6 pts | −23.0% | |
| Q2 FY25 | −20.8% | −28.1 pts | −27.3% | |
| Q1 FY25 | 10.4% | −0.2 pts | 6.2% | |
| Q4 FY24 | 10.6% | −0.1 pts | 6.5% | |
| Q3 FY24 | 5.2% | −5.8 pts | 11.6% | |
| Q2 FY24 | 7.3% | −4.4 pts | 14.4% | |
| Q1 FY24 | 10.6% | +1.6 pts | 17.4% | |
| Q4 FY23 | 10.7% | +1.8 pts | 17.2% | |
| Q3 FY23 | 11.0% | +6.3 pts | 16.6% |
Against its peers
Companies in Packaged Foods nearest Kraft Heinz's size, closest first, today.
| Company | Profit margin |
|---|---|
| KHCKraft Heinz | −13.6% |
| SJMJ M SMUCKER | 2.5% |
| MKCMccormick | 19.4% |
| HRLHormel Foods | 2.8% |
| LWLamb Weston | 3.8% |
| SFDSmithfield Foods | 6.8% |
| CPBCAMPBELL'S | 4.1% |
| INGRIngredion | 8.2% |
| POSTPost | 3.5% |
| FRPTFreshpet | 17.3% |
| MZTIMarzetti | 9.9% |
| Peer median | 5.5% |
Where Kraft Heinz ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Kraft Heinz
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.