KHCThe Kraft Heinz Company

$29B

Q4 2021 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$6.7B-3.3% YoY

Gross Profit

$2.2B32.2% margin

Operating Income

-$20M-0.3% margin

Net Income

-$257M-3.8% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

+6.1%

Cash Flow

Operating Cash Flow

$2.9B

Free Cash Flow

$2.7B

Stock-Based Comp.

$42M

Balance Sheet

Total Assets

$93.4B

Total Liabilities

$43.9B

Stockholders' Equity

$49.3B

Cash & Equivalents

$3.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.7B	$6.9B	-3.3%
Gross Profit	$2.2B	$2.5B	-14.3%
Operating Income	-$20M	$1.6B	-101.3%
Net Income	-$257M	$1.0B	-124.9%

Revenue Segments

Condiments and Sauces

$1.9B28%

Cheese and dairy

$1.3B19%

Ambient meals

$837M12%

Frozen and chilled meals

$701M10%

Meats and seafood

$655M10%

Refreshment beverages

$434M6%

Desserts, toppings and baking

$356M5%

Other products

$240M4%

Coffee

$233M3%

Infant and nutrition

$100M1%

Nuts and salted snacks

$6M0%

Geographic Segments

United States Segment

$4.7B85%

Canada Segment

$471M8%

Rest of World Segment

$354M6%