The Kraft Heinz Company (KHC) Stock

About The Kraft Heinz 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.

The Kraft Heinz Company is led by CEO Steven A. Cahillane, employs 36,000 people, headquartered in Pittsburgh, US, publicly traded since 2015.

The Kraft Heinz Company (KHC) stock trades at $26.20 with a market capitalization of $31.07B. The stock is valued at a price-to-earnings (P/E) ratio of 11.09, price-to-book of 0.66, price-to-sales of 1.09. Over the past 52 weeks the stock has ranged between $21.04 and $29.19, and currently trades 10.2% below its 52-week high. It pays a dividend yielding 6.98%.

On profitability, The Kraft Heinz Company generates a return on equity (ROE) of -12.58%, return on capital employed of -11.17%, an operating margin of -19.16%, a net profit margin of -23.05%.

In its most recent fiscal year, The Kraft Heinz Company reported annual revenue of $24.9B, net profit of $-5.8B, revenue has compounded at -1.0% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 0.50, a current ratio of 1.15, total assets of $81.8B, $2.6B in cash and equivalents.

KHC has an average daily trading volume of 13,852,896 shares, a beta of 0.08 (less volatile than the overall market).

Official website: www.kraftheinzcompany.com