KHCThe Kraft Heinz Company

$29B

Q4 2020 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$6.9B+6.2% YoY

Gross Profit

$2.5B36.4% margin

Operating Income

$1.6B22.3% margin

Net Income

$1.0B14.9% margin

EPS (Diluted)

$0.84

QoQ Revenue Growth

+7.7%

Cash Flow

Operating Cash Flow

$1.6B

Free Cash Flow

$1.4B

Stock-Based Comp.

$42M

Balance Sheet

Total Assets

$99.8B

Total Liabilities

$49.6B

Stockholders' Equity

$50.1B

Cash & Equivalents

$3.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.9B	$6.5B	+6.2%
Gross Profit	$2.5B	$2.1B	+19.7%
Operating Income	$1.6B	$594M	+160.9%
Net Income	$1.0B	$182M	+467.0%

Revenue Segments

Condiments and Sauces

$1.8B26%

Cheese and dairy

$1.5B22%

Ambient meals

$826M12%

Frozen and chilled meals

$670M10%

Meats and seafood

$644M9%

Refreshment beverages

$374M5%

Desserts, toppings and baking

$341M5%

Nuts and salted snacks

$293M4%

Coffee

$254M4%

Other products

$164M2%

Infant and nutrition

$95M1%

Geographic Segments

United States Segment

$5.1B87%

Canada Segment

$447M8%

Rest of World Segment

$307M5%