Kraft Heinz Co.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jul 2023 | Apr 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.48B | $6.41B | $6.86B | $6.57B | $6.72B | $6.49B | $7.38B | $6.51B |
| Cost of Revenue | $4.18B | $4.17B | $4.54B | $4.34B | $4.46B | $4.38B | $5.02B | $4.66B |
| Gross Profit | $2.29B | $2.24B | $2.32B | $2.24B | $2.26B | $2.11B | $2.36B | $1.84B |
| Gross Margin | 35.4% | 35.0% | 33.8% | 34.0% | 33.6% | 32.6% | 32.0% | 28.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.77B | $941.0M | $1.02B | $1.58B | $885.0M | $870.0M | $1.14B | $1.09B |
| Operating Income | $522.0M | $1.30B | $1.30B | $653.0M | $1.38B | $1.24B | $1.23B | $751.0M |
| Operating Margin | 8.1% | 20.3% | 19.0% | 9.9% | 20.5% | 19.2% | 16.6% | 11.5% |
| Interest Expense | $229.0M | $226.0M | $229.0M | $228.0M | $228.0M | $227.0M | $217.0M | $228.0M |
| Pretax Income | $348.0M | $1.03B | $950.0M | $460.0M | $1.17B | $1.05B | $1.05B | $545.0M |
| Income Tax Expense | $248.0M | $225.0M | $193.0M | $206.0M | $174.0M | $214.0M | $164.0M | $110.0M |
| Net Income | $102.0M | $801.0M | $757.0M | $262.0M | $1.00B | $836.0M | $890.0M | $432.0M |
| Net Margin | 1.6% | 12.5% | 11.0% | 4.0% | 14.9% | 12.9% | 12.1% | 6.6% |
| EPS (Basic) | $0.08 | $0.66 | $0.63 | $0.21 | $0.81 | $0.68 | $0.73 | $0.35 |
| EPS (Diluted) | $0.08 | $0.66 | $0.61 | $0.21 | $0.81 | $0.68 | $0.72 | $0.35 |
| Shares Outstanding (Basic) | 1.21B | 1.21B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B |
| Shares Outstanding (Diluted) | 1.22B | 1.22B | 1.24B | 1.24B | 1.24B | 1.23B | 1.24B | 1.24B |
| Dividends Per Share | $0.40 | $0.40 | $0.40 | $0.40 | $0.40 | $0.40 | $0.40 | $0.40 |