The Kraft Heinz Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	26,640	26,485	26,042	26,185	24,977	26,268	26,076	26,300	18,338	10,922
Revenue Growth (YoY)	0.59%	1.70%	-0.55%	4.84%	-4.91%	0.74%	-0.85%	43.42%	67.90%	-
Cost of Revenue	17,714	18,363	17,360	17,008	16,830	17,347	17,043	17,154	12,577	7,645
Gross Profit	8,926	8,122	8,682	9,177	8,147	8,921	9,033	9,146	5,761	3,277
Selling, General & Admin	4,354	4,488	5,222	7,049	5,077	19,126	2,976	3,545	3,122	1,709
Operating Expenses	4,354	4,488	5,222	7,049	5,077	19,126	2,976	3,545	3,122	1,709
Operating Income	4,572	3,634	3,460	2,128	3,070	-10,205	6,057	5,601	2,639	1,568
Interest Expense / Income	912	921	2,047	1,394	1,361	1,284	1,234	1,134	1,321	686
Other Expense / Income	18	-248	-283	-291	-954	-230	-636	-462	318	94
Pretax Income	3,642	2,961	1,696	1,025	2,663	-11,259	5,459	4,929	1,000	788
Income Tax	787	598	684	669	728	-1,067	-5,482	1,333	366	131
Net Income	2,855	2,363	1,012	356	1,935	-10,192	10,941	3,596	634	657
Preferred Dividends	0	0	0	0	0	0	0	180	900	720
Net Income Common	2,855	2,363	1,012	356	1,935	-10,192	10,941	3,416	-266	-63
Net Income Growth	20.82%	133.50%	184.27%	-81.60%	-	-	220.29%	-	-	-
Shares Outstanding (Basic)	1,227	1,225	1,225	1,223	1,221	1,219	1,218	1,217	1,213	-
Shares Change	0.13%	-0.03%	0.22%	0.12%	0.14%	0.08%	0.10%	0.31%	-	-
EPS (Basic)	2.33	1.93	0.83	0.29	1.59	-8.36	8.98	2.81	-0.34	-0.17
EPS (Diluted)	2.31	1.91	0.82	0.29	1.58	-8.36	8.91	2.78	-0.34	-0.17
EPS Growth	20.94%	132.93%	182.76%	-81.65%	-	-	220.50%	-	-	-
Free Cash Flow	2,963	1,553	4,459	4,333	2,784	1,748	-693	1,401	624	1,741
Free Cash Flow Per Share	2.42	1.27	3.64	3.54	2.28	1.43	-0.57	1.15	0.51	-
Dividend Per Share	1.600	1.600	1.600	1.600	1.600	2.500	2.450	2.350	1.700	-
Dividend Growth	0%	0%	0%	0%	-36.00%	2.04%	4.26%	38.24%	-	-
Gross Margin	33.51%	30.67%	33.34%	35.05%	32.62%	33.96%	34.64%	34.78%	31.42%	30.00%
Operating Margin	17.16%	13.72%	13.29%	8.13%	12.29%	-38.85%	23.23%	21.30%	14.39%	14.36%
Profit Margin	10.72%	8.92%	3.89%	1.36%	7.75%	-38.80%	41.96%	12.99%	-1.45%	-0.58%
Free Cash Flow Margin	11.12%	5.86%	17.12%	16.55%	11.15%	6.65%	-2.66%	5.33%	3.40%	15.94%
Effective Tax Rate	21.61%	20.20%	40.33%	65.27%	27.34%	-	-100.42%	27.04%	36.60%	16.62%
EBITDA	5,515	4,815	4,653	3,388	5,018	-8,992	7,724	7,400	3,061	2,004
EBITDA Margin	20.70%	18.18%	17.87%	12.94%	20.09%	-34.23%	29.62%	28.14%	16.69%	18.35%
Depreciation & Amortization	961	933	910	969	994	983	1,031	1,337	740	530
EBIT	4,554	3,882	3,743	2,419	4,024	-9,975	6,693	6,063	2,321	1,474
EBIT Margin	17.09%	14.66%	14.37%	9.24%	16.11%	-37.97%	25.67%	23.05%	12.66%	13.50%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).