KHC Q3 2022 Earnings — The Kraft Heinz Company Revenue & Financial Results | Market Cap Arena

KHCThe Kraft Heinz Company

$29B

Q3 2022 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$6.5B+2.9% YoY

Gross Profit

$1.8B28.3% margin

Operating Income

$751M11.5% margin

Net Income

$432M6.6% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

-0.7%

Cash Flow

Operating Cash Flow

$729M

Free Cash Flow

$532M

Stock-Based Comp.

$28M

Balance Sheet

Total Assets

$90.0B

Total Liabilities

$41.6B

Stockholders' Equity

$48.1B

Cash & Equivalents

$997M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.5B	$6.3B	+2.9%
Gross Profit	$1.8B	$2.0B	-9.1%
Operating Income	$751M	$1.2B	-35.0%
Net Income	$432M	$733M	-41.1%

Revenue Segments

Condiments and Sauces

$2.0B31%

Cheese and dairy

$932M14%

Frozen and chilled meals

$731M11%

Ambient meals

$730M11%

Meats and seafood

$704M11%

Refreshment beverages

$516M8%

Desserts, toppings and baking

$276M4%

Other products

$261M4%

Coffee

$213M3%

Infant and nutrition

$94M1%

Geographic Segments

United States Segment

$5.0B77%

Rest of World Segment

$1.5B23%