The Kraft Heinz Company

KHCNASDAQConsumer Defensive● Active

$23.35

+$0.77(+3.40%)

Market Cap$27.7B

P/E Ratio—

52W High$29.19

52W Low$21.035

Avg Volume15.3M

Open$22.48

Beta0.08

Free Cash Flow Financials Revenue

The Kraft Heinz Company (KHC) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

KHC · free cash flow · updated Jun 8, 2026

Core FCF metrics

KHC · FCF · TTM · margin & CAGR

Free cash flow was $3.66B for FY2025 (fiscal year ending 2025-12-27), up 15.9% year-over-year The FCF margin was 14.7%. Five-year CAGR stands at -3.3%.

FY2025 Free Cash Flow$3.66B▲ +15.9% YoY

Trailing 12M (TTM)$3.94Btrailing 4 quarters sum

FCF Margin14.7%$3.66B ÷ revenue

3-Year CAGR+33.1%FY2022 → FY2025

5-Year CAGR-3.3%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

KHC · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$4.46B(801M)$3.66B▲ +15.9%14.7%

FY2024$4.18B(1.02B)$3.16B▲ +6.6%12.2%

FY2023$3.98B(1.01B)$2.96B▲ +90.8%11.1%

FY2022$2.47B(916M)$1.55B▼ 65.2%5.9%

FY2021$5.36B(905M)$4.46B▲ +2.9%17.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

KHC · P/FCF · FCF yield · FCF per share

The Kraft Heinz Company (KHC) trades at a FCF yield of 14.29% and a price-to-free-cash-flow ratio of 7.0x. FCF per share stands at $3.32, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

14.29%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$3.32

TTM FCF ÷ Shares Outstanding

Price / FCF

x7.0

Share Price ÷ FCF per Share

EV / FCF (TTM)

x11.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-27

Cash flow statement summary

KHC · cash flow statement · operating / investing / financing

For FY2025, The Kraft Heinz Company generated $4.46B in operating cash flow and spent 801M in capital expenditures, yielding $3.66B in free cash flow.

Operating Activities

+$4.46B

Cash from core business operations

2025-12-27

Investing Activities

−$1.83B

CapEx, acquisitions & investments

2025-12-27

Financing Activities

−$1.25B

Buybacks, dividends & debt

2025-12-27

FCF FormulaOperating CF ($4.46B) − |CapEx| (801M) = FCF ($3.66B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

KHC vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

The Kraft Heinz CompanyYOU

KHC

$3.66B+15.9%14.7%

25%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

The Kraft Heinz Company (KHC) reported free cash flow of $3.66B for FY2025 (fiscal year ending 2025-12-27), up 15.9% year-over-year. The FCF margin was 14.7%.

Based on available data, The Kraft Heinz Company has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $4.46B in FY2021. The 5-year CAGR stands at -3.3%.

The Kraft Heinz Company's FCF yield is 14.29% and price-to-FCF ratio is 7.0x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

KHC free cash flow · 8 questions

The Kraft Heinz Company free cash flow was $3.66B for FY2025, up 15.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $3.94B.

KHC free cash flowKHC FCFKHC FCF 2025KHC free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · The Kraft Heinz Company · The Kraft Heinz Company SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026