Heineken Ratios and Metrics

Market cap in millions CZK. Fiscal year is January - December.

Millions CZK. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 17, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	1,058,668	932,372	969,790	1,287,000	1,221,956	1,416,248
Market Cap Growth	-3.42%	-3.86%	-24.65%	5.32%	-13.72%	2.77%
Enterprise Value	1,473,886	1,368,219	1,445,882	1,789,715	1,611,009	1,814,093
Last Close Price	1300.00	1975.00	2332.78	1913.21	2005.04	2301.05
PE Ratio	23.25	20.48	39.35	22.61	18.86	17.12
PS Ratio	1.52	1.34	1.29	1.72	1.76	2.59
PB Ratio	2.13	1.87	1.72	2.29	2.31	2.89
P/FCF Ratio	15.22	13.41	11.60	26.10	18.70	19.92
P/OCF Ratio	8.74	7.70	6.99	11.76	11.25	13.61
EV/Sales Ratio	2.12	1.97	1.92	2.39	2.32	3.32
EV/EBITDA Ratio	9.96	10.26	10.16	13.19	11.72	16.05
EV/EBIT Ratio	15.35	15.27	15.13	19.02	16.49	23.89
EV/FCF Ratio	21.19	19.67	17.29	36.30	24.65	25.52
Debt / Equity Ratio	0.94	0.94	0.76	0.80	0.75	0.86
Debt / EBITDA Ratio	3.29	3.29	2.86	3.15	2.75	3.50
Debt / FCF Ratio	6.70	6.70	5.14	9.14	6.05	5.91
Net Debt / Equity Ratio	0.70	0.70	0.66	0.70	0.62	0.69
Net Debt / EBITDA Ratio	2.63	2.63	2.60	2.89	2.39	3.00
Net Debt / FCF Ratio	5.04	5.04	4.43	7.95	5.03	4.77
Asset Turnover	0.54	0.54	0.55	0.56	0.57	0.48
Inventory Turnover	5.30	5.30	5.22	5.64	6.44	6.06
Quick Ratio	0.64	0.64	0.46	0.48	0.49	0.55
Current Ratio	0.93	0.93	0.77	0.77	0.78	0.79
Return on Equity (ROE)	9.94%	9.94%	5.14%	10.74%	14.60%	20.74%
Return on Assets (ROA)	4.31%	4.31%	4.35%	4.43%	4.99%	4.17%
Return on Invested Capital (ROIC)	7.54%	7.33%	5.79%	9.78%	8.56%	8.04%
Return on Capital Employed (ROCE)	9.30%	9.30%	9.60%	9.40%	10.60%	8.30%
Earnings Yield	4.30%	4.88%	2.54%	4.42%	5.30%	5.84%
FCF Yield	6.57%	7.46%	8.62%	3.83%	5.35%	5.02%
Dividend Yield	3.66%	2.32%	2.01%	2.23%	2.08%	1.34%
Payout Ratio	67.69%	67.69%	122.60%	57.94%	40.98%	23.95%
Buyback Yield / Dilution	0.65%	0.65%	0.59%	2.09%	-0.01%	-0.06%
Total Shareholder Return	4.30%	2.97%	2.60%	4.32%	2.07%	1.28%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.