KHC Q1 2022 Earnings — The Kraft Heinz Company Revenue & Financial Results | Market Cap Arena

KHCThe Kraft Heinz Company

$29B

Q1 2022 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$6.0B-5.5% YoY

Gross Profit

$1.9B31.9% margin

Operating Income

$1.1B18.4% margin

Net Income

$776M12.8% margin

EPS (Diluted)

$0.63

QoQ Revenue Growth

-9.9%

Cash Flow

Operating Cash Flow

$486M

Free Cash Flow

$272M

Stock-Based Comp.

$34M

Balance Sheet

Total Assets

$93.9B

Total Liabilities

$44.0B

Stockholders' Equity

$49.6B

Cash & Equivalents

$3.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.0B	$6.4B	-5.5%
Gross Profit	$1.9B	$2.2B	-12.3%
Operating Income	$1.1B	$1.1B	+2.4%
Net Income	$776M	$563M	+37.8%

Revenue Segments

Condiments and Sauces

$1.8B30%

Cheese and dairy

$885M15%

Ambient meals

$722M12%

Frozen and chilled meals

$674M11%

Meats and seafood

$628M10%

Refreshment beverages

$456M8%

Other products

$289M5%

Desserts, toppings and baking

$246M4%

Coffee

$214M4%

Infant and nutrition

$104M2%

Geographic Segments

United States Segment

$4.2B70%

Rest of World Segment

$1.4B24%

Canada Segment

$387M6%