Financials in USD. Standardized financial statements.
A compact view of how Heineken N.V. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $28.75B | $29.82B | $30.36B | $28.72B | $21.94B | $19.71B | $23.97B | $22.49B | $21.61B | $20.79B |
| Revenue Growth? | -3.6% | -1.8% | +5.7% | +30.9% | +11.3% | -17.7% | +6.6% | +4.1% | +3.9% | 0.0% |
| Cost of Revenue? | $18.46B | $19.31B | $19.66B | $17.36B | $13.57B | $12.57B | $14.14B | $13.57B | $12.92B | $12.61B |
| Gross Profit? | $10.29B | $10.51B | $10.70B | $11.36B | $8.57B | $7.15B | $9.83B | $8.92B | $8.69B | $8.19B |
| Gross Margin? | +35.8% | +35.2% | +35.3% | +39.6% | +39.1% | +36.3% | +41.0% | +39.7% | +40.2% | +39.4% |
| Operating Expenses? | $6.88B | $6.99B | $7.47B | $7.28B | $4.13B | $6.49B | $6.13B | $5.67B | $5.39B | $5.43B |
| Operating Income? | $3.41B | $3.52B | $3.23B | $4.28B | $4.48B | $778.00M | $3.70B | $3.28B | $3.23B | $2.99B |
| EBITDA? | $5.80B | $5.29B | $5.15B | $6.41B | $6.39B | $2.59B | $5.54B | $4.75B | $4.72B | $4.47B |
| Income Before Tax | $3.00B | $2.01B | $2.52B | $4.17B | $4.33B | $157.00M | $3.12B | $2.85B | $2.91B | $2.41B |
| Income Tax Expense | $857.00M | $846.00M | $121.00M | $1.13B | $799.00M | $245.00M | $910.00M | $741.00M | $755.00M | $673.00M |
| Net Income? | $1.89B | $978.00M | $2.30B | $2.68B | $3.32B | -$204.00M | $2.17B | $1.90B | $1.94B | $1.54B |
| EPS? | $1.63 | $0.88 | $2.05 | $2.33 | $2.89 | $-0.17 | $1.89 | $1.67 | $1.70 | $1.35 |
| Diluted EPS? | $1.63 | $0.87 | $2.05 | $2.33 | $2.89 | $-0.17 | $1.89 | $1.67 | $1.70 | $1.35 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality