Analysis of Profitability Ratios
Quarterly Data
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Kraft Heinz Co., profitability ratios (quarterly data)
Based on: 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-K (reporting date: 2018-12-29), 10-Q (reporting date: 2018-09-29), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-30), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-07-01), 10-Q (reporting date: 2017-04-01), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-27), 10-Q (reporting date: 2015-06-28), S-4/A (reporting date: 2015-03-29).
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Kraft Heinz Co. gross profit margin ratio deteriorated from Q4 2019 to Q1 2020 but then improved from Q1 2020 to Q2 2020 exceeding Q4 2019 level. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Kraft Heinz Co. operating profit margin ratio improved from Q4 2019 to Q1 2020 but then deteriorated significantly from Q1 2020 to Q2 2020. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Kraft Heinz Co. net profit margin ratio deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Kraft Heinz Co. ROE deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
| ROA | A profitability ratio calculated as net income divided by total assets. | Kraft Heinz Co. ROA deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
Gross Profit Margin
Kraft Heinz Co., gross profit margin calculation (quarterly data)
| Jun 27, 2020 | Mar 28, 2020 | Dec 28, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | Dec 29, 2018 | Sep 29, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 30, 2017 | Sep 30, 2017 | Jul 1, 2017 | Apr 1, 2017 | Dec 31, 2016 | Oct 2, 2016 | Jul 3, 2016 | Apr 3, 2016 | Dec 31, 2015 | Sep 27, 2015 | Jun 28, 2015 | Mar 29, 2015 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Gross profit | 2,452) | 1,858) | 2,107) | 1,947) | 2,082) | 2,011) | 2,216) | 2,094) | 2,347) | 2,264) | 2,407) | 2,314) | 2,681) | 2,301) | 2,459) | 2,218) | 2,531) | 2,378) | 2,404) | 1,628) | 882) | 847) | |||||||
| Net sales | 6,648) | 6,157) | 6,536) | 6,076) | 6,406) | 5,959) | 6,891) | 6,383) | 6,690) | 6,304) | 6,877) | 6,314) | 6,677) | 6,364) | 6,857) | 6,267) | 6,793) | 6,570) | 7,124) | 6,120) | 2,616) | 2,478) | |||||||
| Profitability Ratio | |||||||||||||||||||||||||||||
| Gross profit margin1 | 32.91% | 31.75% | 32.62% | 32.59% | 32.77% | 33.44% | 33.96% | 34.71% | 35.64% | 36.93% | 36.99% | 37.22% | 36.92% | 36.18% | 36.19% | 35.62% | 33.60% | 32.51% | 31.42% | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Gross Profit Margin, Competitors2 | |||||||||||||||||||||||||||||
| Altria Group Inc. | 49.79% | 49.43% | 50.62% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Coca-Cola Co. | 60.04% | 60.66% | 60.77% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| PepsiCo Inc. | 55.28% | 55.15% | 55.13% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Philip Morris International Inc. | 65.83% | 65.41% | 64.73% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-K (reporting date: 2018-12-29), 10-Q (reporting date: 2018-09-29), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-30), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-07-01), 10-Q (reporting date: 2017-04-01), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-27), 10-Q (reporting date: 2015-06-28), S-4/A (reporting date: 2015-03-29).
1 Q2 2020 Calculation
Gross profit margin = 100
× (Gross profitQ2 2020
+ Gross profitQ1 2020
+ Gross profitQ4 2019
+ Gross profitQ3 2019)
÷ (Net salesQ2 2020
+ Net salesQ1 2020
+ Net salesQ4 2019
+ Net salesQ3 2019)
= 100 × (2,452 + 1,858 + 2,107 + 1,947)
÷ (6,648 + 6,157 + 6,536 + 6,076)
= 32.91%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Kraft Heinz Co. gross profit margin ratio deteriorated from Q4 2019 to Q1 2020 but then improved from Q1 2020 to Q2 2020 exceeding Q4 2019 level. |
Operating Profit Margin
Kraft Heinz Co., operating profit margin calculation (quarterly data)
| Jun 27, 2020 | Mar 28, 2020 | Dec 28, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | Dec 29, 2018 | Sep 29, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 30, 2017 | Sep 30, 2017 | Jul 1, 2017 | Apr 1, 2017 | Dec 31, 2016 | Oct 2, 2016 | Jul 3, 2016 | Apr 3, 2016 | Dec 31, 2015 | Sep 27, 2015 | Jun 28, 2015 | Mar 29, 2015 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Operating income (loss) | (1,339) | 770) | 594) | 1,180) | 734) | 562) | (14,151) | 1,074) | 1,357) | 1,500) | 1,640) | 1,661) | 1,921) | 1,551) | 1,580) | 1,413) | 1,636) | 1,513) | 1,287) | 399) | 444) | 509) | |||||||
| Net sales | 6,648) | 6,157) | 6,536) | 6,076) | 6,406) | 5,959) | 6,891) | 6,383) | 6,690) | 6,304) | 6,877) | 6,314) | 6,677) | 6,364) | 6,857) | 6,267) | 6,793) | 6,570) | 7,124) | 6,120) | 2,616) | 2,478) | |||||||
| Profitability Ratio | |||||||||||||||||||||||||||||
| Operating profit margin1 | 4.74% | 13.02% | 12.29% | -46.09% | -45.95% | -43.04% | -38.91% | 21.22% | 23.52% | 25.68% | 25.82% | 25.61% | 24.71% | 23.52% | 23.19% | 21.86% | 18.17% | 16.24% | 14.39% | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Operating Profit Margin, Competitors2 | |||||||||||||||||||||||||||||
| Altria Group Inc. | 41.04% | 40.34% | 41.12% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Coca-Cola Co. | 26.29% | 26.98% | 27.06% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| PepsiCo Inc. | 14.48% | 14.98% | 15.32% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Philip Morris International Inc. | 37.09% | 37.31% | 35.33% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-K (reporting date: 2018-12-29), 10-Q (reporting date: 2018-09-29), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-30), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-07-01), 10-Q (reporting date: 2017-04-01), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-27), 10-Q (reporting date: 2015-06-28), S-4/A (reporting date: 2015-03-29).
1 Q2 2020 Calculation
Operating profit margin = 100
× (Operating income (loss)Q2 2020
+ Operating income (loss)Q1 2020
+ Operating income (loss)Q4 2019
+ Operating income (loss)Q3 2019)
÷ (Net salesQ2 2020
+ Net salesQ1 2020
+ Net salesQ4 2019
+ Net salesQ3 2019)
= 100 × (-1,339 + 770 + 594 + 1,180)
÷ (6,648 + 6,157 + 6,536 + 6,076)
= 4.74%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Kraft Heinz Co. operating profit margin ratio improved from Q4 2019 to Q1 2020 but then deteriorated significantly from Q1 2020 to Q2 2020. |
Net Profit Margin
Kraft Heinz Co., net profit margin calculation (quarterly data)
| Jun 27, 2020 | Mar 28, 2020 | Dec 28, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | Dec 29, 2018 | Sep 29, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 30, 2017 | Sep 30, 2017 | Jul 1, 2017 | Apr 1, 2017 | Dec 31, 2016 | Oct 2, 2016 | Jul 3, 2016 | Apr 3, 2016 | Dec 31, 2015 | Sep 27, 2015 | Jun 28, 2015 | Mar 29, 2015 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Net income (loss) attributable to Kraft Heinz | (1,651) | 378) | 182) | 899) | 449) | 405) | (12,568) | 619) | 754) | 1,003) | 8,003) | 944) | 1,159) | 893) | 944) | 842) | 950) | 896) | 645) | (123) | (164) | 276) | |||||||
| Net sales | 6,648) | 6,157) | 6,536) | 6,076) | 6,406) | 5,959) | 6,891) | 6,383) | 6,690) | 6,304) | 6,877) | 6,314) | 6,677) | 6,364) | 6,857) | 6,267) | 6,793) | 6,570) | 7,124) | 6,120) | 2,616) | 2,478) | |||||||
| Profitability Ratio | |||||||||||||||||||||||||||||
| Net profit margin1 | -0.76% | 7.58% | 7.75% | -42.69% | -43.27% | -41.62% | -38.80% | 39.53% | 40.88% | 42.45% | 41.93% | 15.03% | 14.67% | 13.81% | 13.71% | 12.46% | 8.90% | 5.59% | 3.46% | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Net Profit Margin, Competitors2 | |||||||||||||||||||||||||||||
| Altria Group Inc. | -3.57% | -3.33% | -5.15% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Coca-Cola Co. | 26.77% | 26.95% | 23.94% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| PepsiCo Inc. | 10.13% | 10.62% | 10.89% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Philip Morris International Inc. | 24.98% | 25.35% | 24.11% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-K (reporting date: 2018-12-29), 10-Q (reporting date: 2018-09-29), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-30), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-07-01), 10-Q (reporting date: 2017-04-01), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-27), 10-Q (reporting date: 2015-06-28), S-4/A (reporting date: 2015-03-29).
1 Q2 2020 Calculation
Net profit margin = 100
× (Net income (loss) attributable to Kraft HeinzQ2 2020
+ Net income (loss) attributable to Kraft HeinzQ1 2020
+ Net income (loss) attributable to Kraft HeinzQ4 2019
+ Net income (loss) attributable to Kraft HeinzQ3 2019)
÷ (Net salesQ2 2020
+ Net salesQ1 2020
+ Net salesQ4 2019
+ Net salesQ3 2019)
= 100 × (-1,651 + 378 + 182 + 899)
÷ (6,648 + 6,157 + 6,536 + 6,076)
= -0.76%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Kraft Heinz Co. net profit margin ratio deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
Return on Equity (ROE)
Kraft Heinz Co., ROE calculation (quarterly data)
| Jun 27, 2020 | Mar 28, 2020 | Dec 28, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | Dec 29, 2018 | Sep 29, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 30, 2017 | Sep 30, 2017 | Jul 1, 2017 | Apr 1, 2017 | Dec 31, 2016 | Oct 2, 2016 | Jul 3, 2016 | Apr 3, 2016 | Dec 31, 2015 | Sep 27, 2015 | Jun 28, 2015 | Mar 29, 2015 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Net income (loss) attributable to Kraft Heinz | (1,651) | 378) | 182) | 899) | 449) | 405) | (12,568) | 619) | 754) | 1,003) | 8,003) | 944) | 1,159) | 893) | 944) | 842) | 950) | 896) | 645) | (123) | (164) | 276) | |||||||
| Shareholders’ equity | 49,040) | 51,009) | 51,623) | 51,673) | 51,543) | 51,703) | 51,657) | 65,385) | 65,677) | 66,248) | 66,034) | 58,759) | 58,333) | 57,732) | 57,358) | 57,642) | 57,826) | 58,043) | 57,685) | 58,811) | 6,739) | 6,810) | |||||||
| Profitability Ratio | |||||||||||||||||||||||||||||
| ROE1 | -0.39% | 3.74% | 3.75% | -20.93% | -21.53% | -20.87% | -19.73% | 15.87% | 16.30% | 16.77% | 16.66% | 6.71% | 6.58% | 6.29% | 6.33% | 5.78% | 4.10% | 2.16% | 1.10% | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| ROE, Competitors2 | |||||||||||||||||||||||||||||
| Altria Group Inc. | -16.07% | -13.16% | -20.78% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Coca-Cola Co. | 52.56% | 55.17% | 46.99% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| PepsiCo Inc. | 54.84% | 53.76% | 49.47% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Philip Morris International Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-K (reporting date: 2018-12-29), 10-Q (reporting date: 2018-09-29), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-30), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-07-01), 10-Q (reporting date: 2017-04-01), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-27), 10-Q (reporting date: 2015-06-28), S-4/A (reporting date: 2015-03-29).
1 Q2 2020 Calculation
ROE = 100
× (Net income (loss) attributable to Kraft HeinzQ2 2020
+ Net income (loss) attributable to Kraft HeinzQ1 2020
+ Net income (loss) attributable to Kraft HeinzQ4 2019
+ Net income (loss) attributable to Kraft HeinzQ3 2019)
÷ Shareholders’ equity
= 100 × (-1,651 + 378 + 182 + 899)
÷ 49,040 = -0.39%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Kraft Heinz Co. ROE deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |
Return on Assets (ROA)
Kraft Heinz Co., ROA calculation (quarterly data)
| Jun 27, 2020 | Mar 28, 2020 | Dec 28, 2019 | Sep 28, 2019 | Jun 29, 2019 | Mar 30, 2019 | Dec 29, 2018 | Sep 29, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 30, 2017 | Sep 30, 2017 | Jul 1, 2017 | Apr 1, 2017 | Dec 31, 2016 | Oct 2, 2016 | Jul 3, 2016 | Apr 3, 2016 | Dec 31, 2015 | Sep 27, 2015 | Jun 28, 2015 | Mar 29, 2015 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Net income (loss) attributable to Kraft Heinz | (1,651) | 378) | 182) | 899) | 449) | 405) | (12,568) | 619) | 754) | 1,003) | 8,003) | 944) | 1,159) | 893) | 944) | 842) | 950) | 896) | 645) | (123) | (164) | 276) | |||||||
| Total assets | 98,306) | 104,073) | 101,450) | 102,822) | 103,201) | 103,562) | 103,461) | 119,730) | 121,896) | 120,787) | 120,232) | 120,051) | 119,416) | 120,802) | 120,480) | 121,080) | 121,684) | 123,273) | 122,973) | 121,792) | 36,062) | 36,293) | |||||||
| Profitability Ratio | |||||||||||||||||||||||||||||
| ROA1 | -0.20% | 1.83% | 1.91% | -10.52% | -10.75% | -10.42% | -9.85% | 8.67% | 8.78% | 9.20% | 9.15% | 3.28% | 3.21% | 3.00% | 3.01% | 2.75% | 1.95% | 1.02% | 0.52% | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| ROA, Competitors2 | |||||||||||||||||||||||||||||
| Altria Group Inc. | -1.82% | -1.64% | -2.62% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Coca-Cola Co. | 9.70% | 10.65% | 10.33% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| PepsiCo Inc. | 7.65% | 8.51% | 9.31% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Philip Morris International Inc. | 18.60% | 20.42% | 16.76% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-K (reporting date: 2018-12-29), 10-Q (reporting date: 2018-09-29), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-30), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-07-01), 10-Q (reporting date: 2017-04-01), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-27), 10-Q (reporting date: 2015-06-28), S-4/A (reporting date: 2015-03-29).
1 Q2 2020 Calculation
ROA = 100
× (Net income (loss) attributable to Kraft HeinzQ2 2020
+ Net income (loss) attributable to Kraft HeinzQ1 2020
+ Net income (loss) attributable to Kraft HeinzQ4 2019
+ Net income (loss) attributable to Kraft HeinzQ3 2019)
÷ Total assets
= 100 × (-1,651 + 378 + 182 + 899)
÷ 98,306 = -0.20%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | Kraft Heinz Co. ROA deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020. |