Kraft Heinz (KHC) Gross Margin (2014 - 2026)
Kraft Heinz's (KHC) quarterly Gross Margin came in at 32.39% in Q2 2026, down 198.0% on a YoY basis from 33.05% in Q2 2025, and down 11.75% quarter-over-quarter from 36.7% in Q1 2026.
Analysis
Kraft Heinz (KHC) Gross Margin (2014 - 2026) Analysis & Trends
Kraft Heinz (KHC) has reported Gross Margin for 13 consecutive years, with 32.39% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 198.0% year-over-year to 32.39%; the trailing twelve-month figure through Jun 2026 stood at 33.37% (down 92.0% YoY), and the FY2025 full-year result was 33.31%, down 138.0% from the prior year.
- Gross Margin declined to 32.39% in Q2 2026 per KHC's latest filing, from 36.7% in the prior quarter.
- Across five years, Gross Margin topped out at 36.7% in Q1 2026 and bottomed at 28.33% in Q3 2022.
- Historically, Gross Margin has averaged 33.21% across 5 years, with a median of 33.71% in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 436 bps in 2022, then soared 569 bps in 2023.
- Over 5 years, Gross Margin stood at 32.03% in 2022, then rose by 5 bps to 33.78% in 2023, then rose by 1 bps to 34.14% in 2024, then slipped by 4 bps to 32.61% in 2025, then dropped by 1 bps to 32.39% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 32.39%, 36.7%, and 32.61% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.47 Bn | 26.90 Bn | 2.03 Bn | 32.39% |
| 2 | General Mills | 20.43 Bn | 19.99 Bn | 1.60 Bn | 34.79% |
| 3 | Mccormick | 14.02 Bn | 14.26 Bn | 778.20 Mn | 40.18% |
| 4 | J M Smucker | 13.47 Bn | 13.43 Bn | 979.60 Mn | 44.14% |
| 5 | Hormel Foods | 11.85 Bn | 11.00 Bn | 471.52 Mn | 15.92% |
| 6 | Chewy | 9.70 Bn | 9.18 Bn | 1.01 Bn | 30.13% |
| 7 | Conagra Brands | 7.41 Bn | 7.19 Bn | 704.10 Mn | 24.43% |
| 8 | Lamb Weston Holdings | 6.86 Bn | 6.79 Bn | 361.40 Mn | 20.42% |
| 9 | Campbell'S | 6.38 Bn | 5.98 Bn | 650.00 Mn | 27.47% |
| 10 | Post Holdings | 3.72 Bn | 3.47 Bn | 566.30 Mn | 29.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 32.39% |
| Mar 28, 2026 | 36.70% |
| Dec 27, 2025 | 32.61% |
| Sep 27, 2025 | 31.91% |
| Jun 28, 2025 | 34.37% |
| Mar 29, 2025 | 34.41% |
| Dec 28, 2024 | 34.14% |
| Sep 28, 2024 | 34.25% |
| Jun 29, 2024 | 35.42% |
| Mar 30, 2024 | 34.99% |
| Dec 30, 2023 | 33.78% |
| Sep 30, 2023 | 34.02% |
| Jul 1, 2023 | 33.64% |
| Apr 1, 2023 | 32.56% |
| Dec 31, 2022 | 32.03% |
| Sep 24, 2022 | 28.33% |
| Jun 25, 2022 | 30.27% |
| Mar 26, 2022 | 31.94% |
| Dec 25, 2021 | 32.23% |
| Sep 25, 2021 | 32.07% |