The Kraft Heinz Company (KHC) FCF Payout Ratio: 48.14%
Is The Kraft Heinz Company’s FCF payout ratio high or low?
The Kraft Heinz Company's FCF payout ratio of 48.14% is 31% below its 4-year average of 69.88%, near the low end of its 4-year range (43.93%–126.21%).
14.76% below its 12-month average of 56.48%.
KHC FCF Payout Ratio Chart
KHC Average FCF Payout Ratio Chart
KHC Current vs Average FCF Payout Ratio Chart
KHC FCF Payout Ratio Metrics
FCF PAYOUT RATIO
48.14%
FCF PAYOUT RATIO AVG TTM
56.48%
FCF PAYOUT RATIO AVG 3Y
76.37%
FCF PAYOUT RATIO AVG 5Y
69.88%
FCF PAYOUT RATIO AVG 10Y
86.22%
FCF PAYOUT RATIO AVG 15Y
72.83%
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-14.76%
CURRENT VS 3Y AVG
-36.96%
CURRENT VS 5Y AVG
-31.11%
CURRENT VS 10Y AVG
-44.17%
CURRENT VS 15Y AVG
-33.90%
CURRENT VS 20Y AVG
N/A
Payout Ratio Comparison
FCF Payout Ratio
48.1%
Earnings Payout Ratio
N/A
Dividend Yield
6.56%
FCF Yield
13.62%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $3.66B | $1.90B | 51.8% |
| 2024 | $3.16B | $1.93B | 61.1% |
| 2023 | $2.96B | $1.97B | 66.3% |
| 2022 | $1.55B | $1.96B | 126.2% |
| 2021 | $4.46B | $1.96B | 43.9% |
| 2020 | $4.33B | $1.96B | 45.2% |
| 2019 | $2.78B | $1.95B | 70.2% |
| 2018 | $1.75B | $3.18B | 182.1% |
| 2017 | ($690.00M) | $2.89B | N/A (Loss) |
| 2016 | $3.99B | $3.76B | 94.3% |
| 2015 | $1.82B | $2.20B | 121.1% |
| 2014 | $1.49B | $1.27B | 85.3% |
| 2013 | $1.49B | $1.21B | 81.2% |
| 2012 | $2.60B | $0 | 0.0% |
| 2011 | $2.26B | $619.00M | 27.4% |
| 2010 | $380.00M | $0 | 0.0% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
The Kraft Heinz Company FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The Kraft Heinz Company FCF Payout Ratio FAQ
- What is the FCF payout ratio for The Kraft Heinz Company (KHC)?
- The FCF payout ratio for KHC stock is 48.14%.
- Is The Kraft Heinz Company's FCF payout ratio high or low?
- The Kraft Heinz Company's FCF payout ratio of 48.14% is 31% below its 4-year average of 69.88%, near the low end of its 4-year range (43.93%–126.21%).
- What is the TTM average FCF payout ratio for The Kraft Heinz Company (KHC)?
- The TTM average FCF payout ratio for KHC stock is 56.48%.
- What is the 3Y average FCF payout ratio for The Kraft Heinz Company (KHC)?
- The 3Y average FCF payout ratio for KHC stock is 76.37%.
- What is the 5Y average FCF payout ratio for The Kraft Heinz Company (KHC)?
- The 5Y average FCF payout ratio for KHC stock is 69.88%.
- What is the 10Y average FCF payout ratio for The Kraft Heinz Company (KHC)?
- The 10Y average FCF payout ratio for KHC stock is 86.22%.
- What is the 15Y average FCF payout ratio for The Kraft Heinz Company (KHC)?
- The 15Y average FCF payout ratio for KHC stock is 72.83%.
The Kraft Heinz Company FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-27 | 51.84% |
| 2024-12-28 | 61.11% |
| 2023-12-30 | 66.32% |
| 2022-12-31 | 126.21% |
| 2021-12-25 | 43.93% |
| 2020-12-26 | 45.19% |
| 2019-12-31 | 70.15% |
| 2018-12-31 | 182.09% |
| 2016-12-31 | 94.31% |
| 2015-12-31 | 121.06% |
| 2014-12-31 | 85.25% |
| 2013-12-31 | 81.22% |
| 2011-12-31 | 27.35% |
About The Kraft Heinz Company
The Kraft Heinz Company, along with its subsidiaries, operates as a global entity focused on the manufacturing and marketing of a broad spectrum of food and beverage products. Its reach extends across key markets such as the United States, Canada, and the United Kingdom, as well as numerous other international territories. The company's diverse product offerings include popular condiments and sauces, a variety of cheese and dairy items, prepared meals, meat products, and refreshing beverages. Additionally, its portfolio features coffee, an assortment of healthy snacks, salad dressings, various spices and seasonings, and a range of other general grocery staples. Kraft Heinz employs a multi-faceted distribution strategy. It utilizes its internal sales organizations alongside independent brokers, agents, and third-party distributors to reach a wide array of customers. These include large grocery chains, wholesale providers, cooperative and independent grocers, convenience stores, pharmacies, value stores, bakeries, mass merchandisers, and club stores. Furthermore, the company supplies products to the foodservice sector and institutional clients, such as hotels, restaurants, hospitals, healthcare facilities, and government agencies. A significant portion of its sales also occurs online through various e-commerce platforms and digital retailers. Tracing its origins back to its founding in 1869, the company initially operated as H.J. Heinz Holding Corporation before officially changing its name to The Kraft Heinz Company in July 2015. Its corporate headquarters are located in Pittsburgh, Pennsylvania.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- CEO
- Steven A. Cahillane