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 | $22.47B | $21.89B | $20.79B |
| Revenue Growth? | -3.6% | -1.8% | +5.7% | +30.9% | +11.3% | -17.7% | +6.7% | +2.7% | +5.3% | 0.0% |
| Cost of Revenue? | $18.46B | $19.31B | $19.66B | $18.62B | $13.54B | $12.45B | $14.59B | $13.97B | $13.54B | $13.00B |
| Gross Profit? | $10.29B | $10.51B | $10.70B | $10.10B | $8.41B | $7.26B | $9.38B | $8.50B | $8.35B | $7.79B |
| Gross Margin? | +35.8% | +35.2% | +35.3% | +35.2% | +38.3% | +36.9% | +39.1% | +37.8% | +38.1% | +37.5% |
| Operating Expenses? | $6.88B | $6.99B | $7.47B | $6.11B | $4.13B | $6.50B | $5.84B | $5.44B | $5.07B | $5.08B |
| Operating Income? | $3.41B | $3.52B | $3.23B | $4.28B | $4.48B | $778.00M | $3.63B | $3.14B | $3.35B | $2.75B |
| EBITDA? | $6.25B | $5.29B | $6.07B | $5.69B | $4.54B | $3.51B | $5.75B | $4.94B | $5.01B | $4.69B |
| Income Before Tax | $3.00B | $2.01B | $2.52B | $4.17B | $4.33B | $157.00M | $3.28B | $2.85B | $2.91B | $2.41B |
| Income Tax Expense | $857.00M | $846.00M | $121.00M | $1.13B | $799.00M | $245.00M | $910.00M | $757.00M | $755.00M | $673.00M |
| Net Income? | $1.89B | $978.00M | $2.30B | $2.68B | $3.32B | -$204.00M | $2.17B | $1.91B | $1.94B | $1.54B |
| EPS? | $3.39 | $1.75 | $4.09 | $4.66 | $5.77 | $-0.35 | $3.78 | $3.36 | $3.39 | $2.70 |
| Diluted EPS? | $3.38 | $1.74 | $4.09 | $4.66 | $5.77 | $-0.35 | $3.77 | $3.35 | $3.39 | $2.70 |
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