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OverviewAnalysisPriceRevenueEarningsP/ERatiosDividendTargets

The Kraft Heinz Company (KHC) Quarterly Financial Ratios

Last 48 quarters of trend data · Consumer Defensive · Packaged Foods

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

The Kraft Heinz Company's quarterly P/E stands at 8.2x, down 34.7% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 5.6% YoY to 9.2x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →-4.808.2210.9712.52—12.604.36—96.0113.9815.1640.0510.96
—-34.7%+151.7%——-9.9%-71.2%—+776.2%-1.7%+7.2%+65.3%-76.0%
P/S Ratio1.121.081.131.241.201.501.411.681.511.761.661.581.63
—-28.1%-20.0%-26.1%-20.7%-14.5%-15.2%+6.0%-7.3%-4.3%-2.3%-1.8%-9.8%
P/B Ratio0.670.620.690.740.730.730.750.880.800.910.920.840.88
—-14.4%-8.7%-15.8%-8.1%-19.9%-18.1%+5.1%-8.8%-6.1%-10.8%-3.1%-9.4%
P/FCF7.668.556.117.837.4518.738.1112.6017.7123.6510.1513.5812.80
—-54.4%-24.6%-37.8%-57.9%-20.8%-20.1%-7.2%+38.3%-56.4%-46.0%-31.0%-91.3%
EV / EBITDA—9.198.859.83—9.7471.61106.9519.1210.4510.3516.289.88
—-5.6%-87.6%-90.8%—-6.8%+592.1%+556.9%+93.6%-8.7%-11.9%+4.7%-54.0%
EV / EBIT——10.4111.92—11.15——25.2212.7613.6121.9411.23
—————-12.6%——+124.6%-2.7%-0.3%+11.3%-57.4%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

The Kraft Heinz Company's operating margin was 18.9% in Q1 2026, up 1.9 pp QoQ and down 1.0 pp YoY. This marks the 4th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of -18.3% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 6.7% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin33.3%36.7%32.6%31.9%34.4%34.4%34.1%34.2%35.4%35.0%33.8%34.0%33.6%
—+6.7%-4.5%-6.8%-3.0%-1.7%+1.1%+0.7%+5.3%+7.4%+5.5%+20.1%+11.1%
Operating Margin-18.7%18.9%17.1%16.4%-125.5%19.9%-0.6%-1.6%8.1%20.3%19.0%9.9%20.5%
—-5.0%+2904.6%+1138.6%-1657.4%-1.8%-103.2%-115.9%-60.6%+6.0%+14.1%-13.9%+147.6%
Net Margin-23.4%13.2%10.2%9.9%-123.2%11.9%32.4%-4.5%1.6%12.5%11.0%4.0%14.9%
—+11.2%-68.4%+317.0%-7920.6%-5.0%+193.7%-213.9%-89.4%-3.0%-8.5%-40.0%+268.0%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE-12.8%1.9%1.6%1.5%-17.2%1.4%4.4%-0.6%0.2%1.6%1.5%0.5%2.0%
—+32.3%-64.2%+348.9%-8414.3%-10.7%+185.5%-212.9%-89.7%-5.3%-16.6%-40.6%+275.4%
ROA-6.9%1.0%0.8%0.8%-9.1%0.8%2.4%-0.3%0.1%0.9%0.8%0.3%1.1%
—+22.2%-67.0%+330.4%-8094.2%-10.1%+186.5%-212.7%-89.6%-3.8%-14.7%-39.0%+284.8%
ROIC-5.5%1.5%1.3%1.3%-9.2%1.3%-0.0%-0.1%0.6%1.4%1.4%0.7%1.5%
—+10.8%+3125.2%+1228.2%-1703.1%-8.1%-103.1%-115.7%-61.8%+4.4%+5.0%-14.0%+152.6%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

The Kraft Heinz Company's Debt/EBITDA ratio is 16.8x, up from 15.9x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 8.6% YoY to 1.20x, tightening the short-term liquidity position. Debt/Equity has declined for 4 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.510.460.510.510.510.440.400.410.410.410.400.400.40
—+5.0%+26.1%+23.0%+25.7%+5.3%-0.0%+3.1%+1.7%+1.5%-1.9%-3.2%-6.3%
Debt / EBITDA—16.7915.8916.69—15.14102.42139.5226.1913.4112.9221.4412.56
—+10.9%-84.5%-88.0%—+12.9%+693.0%+550.6%+108.5%-2.4%-5.1%+4.7%-53.3%
Current Ratio1.151.201.151.131.071.311.061.061.011.090.991.000.95
—-8.6%+9.3%+6.2%+6.5%+20.2%+7.0%+5.7%+5.5%+18.5%+12.8%+11.0%+6.8%
Quick Ratio0.790.820.790.730.660.810.590.560.530.610.540.520.50
—+1.7%+34.4%+30.0%+24.5%+31.9%+9.9%+7.7%+6.2%+31.1%+14.2%+4.5%-3.5%
Interest Coverage-4.754.854.774.36-33.035.45-0.05-0.232.525.555.153.026.14
—————————————

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Includes 30+ ratios · 48 years · Updated daily

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KHC — Frequently Asked Questions

Quick answers to the most common questions about buying KHC stock.

What is The Kraft Heinz Company's quarterly P/E ratio trend?

The Kraft Heinz Company's current P/E is -4.8x. The average P/E over the last 3 quarters is 10.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do The Kraft Heinz Company's margins change by quarter?

The Kraft Heinz Company's current operating margin is -18.7%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at KHC quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking The Kraft Heinz Company's business trajectory between earnings reports.

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