Question 1

What is Kraft Heinz's EV/EBITDA ratio?

Accepted Answer

Kraft Heinz (KHC) EV/EBITDA ratio is 19.5× as of July 29, 2025. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Kraft Heinz?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Kraft Heinz specifically, the relevant sector benchmark is the current sector median of 13.0×.

Question 5

Is Kraft Heinz's EV/EBITDA ratio high or low?

Accepted Answer

Kraft Heinz's EV/EBITDA ratio of 19.5× is above its own 5-year average of 14.0× and above the sector median of 13.0×. That places the current reading at the 90th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Kraft Heinz's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Kraft Heinz (KHC) EV/EBITDA ratio has ranged from a low of 10.0× in 2021 to a high of 53.9× in 2015. The 5-year average is 14.0× and the 5-year median is 13.5×.

Question 7

What was Kraft Heinz's EV/EBITDA ratio in 2024?

Accepted Answer

Kraft Heinz (KHC) EV/EBITDA ratio at the end of 2024 was 20.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Kraft Heinz's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$28.64B	−$3.53B	—	—	Dec 27, 2025
2024	$37.03B	$2.72B	20.5×	+8.8×	Dec 28, 2024
2023	$45.30B	$5.51B	11.6×	-2.7×	Dec 31, 2023
2022	$49.91B	$4.82B	14.3×	+1.0×	Dec 31, 2022
2021	$43.72B	$4.67B	13.3×	-6.5×	Dec 31, 2021
2020	$42.39B	$3.39B	19.8×	+6.6×	Dec 31, 2020
2019	$39.23B	$5.02B	13.2×	—	Dec 31, 2019
2018	$52.50B	−$9.04B	—	—	Dec 31, 2018
2017	$94.72B	$7.80B	16.0×	-2.0×	Dec 31, 2017
2016	$106.27B	$7.49B	17.9×	-9.3×	Dec 31, 2016
2015	$88.33B	$3.99B	27.3×	+4.6×	Dec 31, 2015
2014	$42.90B	$2.27B	22.7×	+12.3×	Dec 31, 2014
2013	$43.41B	$4.96B	10.4×	-6.2×	Dec 31, 2013
2012	$43.34B	$3.14B	16.6×	+3.7×	Dec 31, 2012
2011	$42.90B	$3.34B	12.9×	—	Dec 31, 2011


Keurig Dr Pepper (KDP)	15.0×
Bunge Global S.A. (BG)	14.2×
Hormel Foods (HRL)	13.4×
Sysco (SYY)	13.4×
Archer-Daniels-Midland (ADM)	13.0×
Dollar General (DG)	13.0×
Performance Food Group (PFGC)	12.6×
Kimberly-Clark (KMB)	12.6×
Kenvue (KVUE)	12.5×
General Mills (GIS)	12.4×
Marzetti (MZTI)	12.2×
Clorox (CLX)	12.1×
Constellation Brands (STZ)	12.0×
Tyson Foods (TSN)	11.9×
Lamb Weston (LW)	11.7×
Brown-Forman (BF-B)	11.6×
Altria Group (MO)	11.2×
Dollar Tree (DLTR)	11.0×
Kroger (KR)	10.4×
Campbell Soup (CPB)	10.1×
Andersons (ANDE)	9.8×
Universal Corporation (UVV)	8.7×
Target (TGT)	7.4×
Coca-Cola Europacific Partners (CCEP)	7.1×
Albertsons Companies (ACI)	7.1×

EV/EBITDA for Kraft Heinz (KHC)

EV/EBITDA daily chart for Kraft Heinz (KHC)

Historical EV/EBITDA for Kraft Heinz (KHC) from 2011 to 2025

About EV/EBITDA at Kraft Heinz (KHC)

Kraft Heinz EV/EBITDA by Year

Kraft Heinz EV/EBITDA 2024: 20.5×

Kraft Heinz EV/EBITDA 2023: 11.6×

Kraft Heinz EV/EBITDA 2022: 14.3×

Kraft Heinz EV/EBITDA 2021: 13.3×

Kraft Heinz EV/EBITDA 2020: 19.8×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Kraft Heinz (KHC) Key Financials

EV/EBITDA daily chart for Kraft Heinz (KHC)

Historical EV/EBITDA for Kraft Heinz (KHC) from 2011 to 2025

About EV/EBITDA at Kraft Heinz (KHC)

Kraft Heinz EV/EBITDA by Year

Kraft Heinz EV/EBITDA 2024: 20.5×

Kraft Heinz EV/EBITDA 2023: 11.6×

Kraft Heinz EV/EBITDA 2022: 14.3×

Kraft Heinz EV/EBITDA 2021: 13.3×

Kraft Heinz EV/EBITDA 2020: 19.8×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is Kraft Heinz's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for Kraft Heinz?

+Is Kraft Heinz's EV/EBITDA ratio high or low?

+What is Kraft Heinz's historical EV/EBITDA ratio range?

+What was Kraft Heinz's EV/EBITDA ratio in 2024?

+Why does Kraft Heinz's EV/EBITDA ratio change over time?

Kraft Heinz (KHC) Key Financials