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Kraft Heinz Company

KHNZ.DE
30
Packaged Foods · Consumer Defensive
Exchange
Frankfurt Stock Exchange
Winston Score
30
Winston is serious
Below-average fundamentals — multiple weak pillars.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Mixed
Growth
Weak
Cash Flow
Mixed
Stability
Strong
Valuation
Data not available
Dividends
Good

Winston Score History

The full picture

Kraft Heinz makes food and drinks that people buy at grocery stores every day. Its most famous brands include Heinz ketchup, Kraft mac and cheese, Oscar Mayer meats, and Philadelphia cream cheese. It is one of the largest packaged food companies in the world, selling products in over 40 countries.

The company earns money by selling its branded products to grocery stores, restaurants, and food service companies, which then sell them to regular consumers. Most of its sales come from North America, though it has a meaningful presence in Europe and emerging markets. Kraft Heinz has strong brand recognition built over decades, but it carries a heavy debt load from its 2015 merger and has struggled with declining sales as shoppers shift toward fresher, private-label, and healthier options — making a successful brand turnaround the central challenge facing the business.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-1.4% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+30.3% YoY

YoY Growth Rate

EPS growth accelerating

Insider Activity

0.4%ownership

Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

€2.7B cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

Kraft Heinz Company's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

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Quality

Profit per sale
Gross Margin
32.4%
Modest — 32.4% gross margin
Profit after running costs
Operating Margin
14.7%
Healthy — 14.7% operating margin
Return on the money invested
ROCE
7.5%
Weak — 7.5% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

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Growth

Sales growth
Sales YoY
-1.7%
Shrinking sales (-1.7% YoY)
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
4/8 quarters
Earnings inconsistent quarter-to-quarter

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Cash Flow

Profit that turns into cash
Cash Conversion
N/A
Data not available
Spare cash per sale
FCF Margin
15.3%
Converts sales into free cash efficiently (15.3%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

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Stability

What it owes vs what it owns
Debt / Equity
0.53
Conservative — low debt load (0.53)
Covers its interest
Interest Cover
5.66x
Adequate interest coverage (5.7x)

Interest coverage between 3 and 8. Profits cover interest several times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
N/M
no trend
Negative earnings — P/E not meaningful
Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

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Dividends

Dividend
Dividend Yield
6.04%
no trend
Healthy income — 6.04% yield

Yield above 6% — often a flag the market is pricing in a cut.

Dividend record
Dividend Growth
-5.7%
no trend
Dividend cut (-5.7% YoY) — warning sign

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