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KHC Company Profile and Key Details

NASDAQ : KHC

Kraft Heinz

$24.60
0.21+0.86%
At Close 4:00 PM
$24.69
+0.09+0.35%
After-Market 08:30 PM
62.34
BESG ScoreESG Rating

Price Chart

Stock Price Today

The Kraft Heinz Company (KHC) stock surged +0.86%, trading at $24.60 on NASDAQ, up from the previous close of $24.39. The stock opened at $24.56, fluctuating between $24.15 and $24.77 in the recent session.

Stock Snapshot

24.39
Prev. Close
29.17B
Market Cap
24.15
Day Low
10.17
P/E Ratio
2.42
EPS (TTM)
2.42
Cash Flow per Share
24.56
Open
1.19B
Number of Shares
24.77
Day High
99.6%
Free Float in %
40.43
Book Value
123.78M
Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing DateAccepted Date

Annual Report (10-k)

Filing DateAccepted Date

Stock Price History Chart

DateOpenHighLowCloseVolume
Sep 11, 202624.5624.7724.1524.60123.59M
Sep 10, 202624.9024.9024.2424.3923.61M
Sep 09, 202624.7924.9824.5724.6118.1M
Sep 08, 202624.7825.0724.3224.9020.72M
Sep 04, 202625.0025.1424.7424.8520.36M
Sep 03, 202626.0926.1025.3025.4223.54M
Sep 02, 202626.1026.4425.8426.2616.19M
Sep 01, 202625.7526.2525.6225.8713.93M
Aug 31, 202625.7726.0625.6325.6718.09M
Aug 28, 202625.2925.7525.1125.7020.65M
Aug 27, 202624.6125.3924.6125.1318.08M
Aug 26, 202624.4025.2624.2524.7926.46M
Aug 25, 202625.5525.6225.1825.3210.55M
Aug 24, 202625.7826.0125.5825.6711.1M
Aug 21, 202625.7125.7825.4525.588.34M
Aug 20, 202625.4725.8025.3125.5711.76M
Aug 19, 202625.0125.9124.9925.6811.25M
Aug 18, 202625.1525.1524.6924.8210.21M
Aug 17, 202625.2525.3524.6824.7511.43M
Aug 14, 202625.3625.5225.1825.518.44M

Contact Details

Pittsburgh, PA 15222

United States

https://www.kraftheinzcompany.com412 456 5700

About Company

The Kraft Heinz Company, along with its subsidiaries, operates as a global entity focused on the manufacturing and marketing of a broad spectrum of food and beverage products. Its reach extends across key markets such as the United States, Canada, and the United Kingdom, as well as numerous other international territories. The company's diverse product offerings include popular condiments and sauces, a variety of cheese and dairy items, prepared meals, meat products, and refreshing beverages. Additionally, its portfolio features coffee, an assortment of healthy snacks, salad dressings, various spices and seasonings, and a range of other general grocery staples. Kraft Heinz employs a multi-faceted distribution strategy. It utilizes its internal sales organizations alongside independent brokers, agents, and third-party distributors to reach a wide array of customers. These include large grocery chains, wholesale providers, cooperative and independent grocers, convenience stores, pharmacies, value stores, bakeries, mass merchandisers, and club stores. Furthermore, the company supplies products to the foodservice sector and institutional clients, such as hotels, restaurants, hospitals, healthcare facilities, and government agencies. A significant portion of its sales also occurs online through various e-commerce platforms and digital retailers. Tracing its origins back to its founding in 1869, the company initially operated as H.J. Heinz Holding Corporation before officially changing its name to The Kraft Heinz Company in July 2015. Its corporate headquarters are located in Pittsburgh, Pennsylvania.

Company Information

Employees35000
Beta0.08
Sales or Revenue$26.64B
5Y Sales Change%0.008%
Fiscal Year EndsDecember
SectorConsumer Defensive
IndustryPackaged Foods

Financial & Profitability Overview

Over the trailing twelve months, Kraft Heinz generated $26.64B in revenue, or $21.57 per share. Gross margin was 34.03%, operating margin 20.18%, and net profit margin 10.72%. Returns are modest, with ROA at 3.16% and ROE at 5.76%.
On valuation metrics, Kraft Heinz trades at a P/E of -8.60, P/S of 1.17 and P/B of 0.81. The current ratio is 1.06 and quick ratio is 0.68. Operationally, the company’s inventory turnover is 5.06 and cash conversion cycle is 7.98 days. Debt-to-equity is 0.53, supported by a cash flow-to-debt ratio of 0.24.

Quarterly Financial Highlights

For the quarter ended Dec 30, 2023, Kraft Heinz posted revenue of $26.64B, down slightly from $26.49B in the prior quarter. Gross profit was $9.07B (margin 34.03%). Operating income was $5.38B (margin 20.2%). Net income was$2.86B (EPS $2.33).
The company ended the quarter with $1.40B in cash and short-term investments, a total debt of $20.65B, and net debt of $19.25B. Total assets were $90.34B, with equity of $49.72B. Financials further reflected stability, with operating cash flow of $3.98B, free cash flow of $2.96B, and capital expenditures of - $1.01B.

Frequently Asked Questions

What is the current The Kraft Heinz Company (KHC) stock price?
The Kraft Heinz Company (NASDAQ: KHC) stock price is $24.60 in the last trading session. During the trading session, KHC stock reached the peak price of $24.77 while $24.15 was the lowest point it dropped to. The percentage change in KHC stock occurred in the recent session was 0.86% while the dollar amount for the price change in KHC stock was $0.21.
KHC's industry and sector of operation?
The NASDAQ listed KHC is part of Packaged Foods industry that operates in the broader Consumer Defensive sector. The Kraft Heinz Company designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Who are the executives of KHC?
Mr. Rafael de Oliveira
Executive Vice President & Zone Pres of International Markets
Ms. Yang Xu
Senior Vice President & Global Head of Corporation Devel.
Mr. Carlos A. Abrams-Rivera
Executive Vice President & Pres of North America
Mr. Miguel Patricio
Chair & Chief Executive Officer
Ms. Kathy Krenger
Senior Vice President & Chief Communications Officer
Mr. Peter Hall
Vice President of Sales
Mr. Andre Maciel
Executive Vice President & Global Chief Financial Officer
Ms. Rashida K. La Lande
Executive Vice President, Global Gen. Counsel and Chief Sustainability & Corporation Affairs Officer
Mr. Vince Garlati
Vice President, Principal Accounting Officer & Global Controller
Ms. Anne-Marie Megela
Vice President & Global Head of Investor Relations
How KHC did perform over past 52-week?
KHC's closing price is 16.95% higher than its 52-week low of $21.04 where as its distance from 52-week high of $28.09 is -12.42%.
How many employees does KHC have?
Number of KHC employees currently stands at 35,000.
Link for KHC official website?
Official Website of KHC is: https://www.kraftheinzcompany.com
How do I contact KHC?
KHC could be contacted at phone 412 456 5700 and can also be accessed through its website. KHC operates from One PPG Place, Pittsburgh, PA 15222, United States.
How many shares of KHC are traded daily?
KHC stock volume for the day was 123.78M shares. The average number of KHC shares traded daily for last 3 months was 16.73M.
What is the market cap of KHC currently?
The market value of KHC currently stands at $29.17B with its latest stock price at $24.60 and 1.19B of its shares outstanding.
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