CompanyGraph
Heineken Holding N.V.
HEIO · Euronext Brussels · Netherlands
heinekenholding.comFinancials as of FY2025
At a glance
- Depends onMidstream position: 6 outgoing, 4 incoming connections
- ScaleRevenue is $33.59B, higher than 95% of all stocks globally
- FinancialsAltman Z-Score 1.34: grey zone
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
2.24%Below 5Y avg (2.36%)
Annual Rate
EUR 1.52Paid semi-annual
Payout Ratio
46.3%Sustainable
Payback Period
32.6 yr
Last Ex-Dividend
Aug 7, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
18.68BEUR21.82B · vs all stocks (USD)
Trailing P/E
16.49xRevenue (TTM)
28.75BEUR33.59B · vs all stocks (USD)
Profit Margin
3.31%Beta
0.6330xvs all stocks
52-Week Change
9.94%vs all stocks
Forward Annual Dividend Yield
2.24%vs all stocks
Market Capitalization
18.68BEUR21.82B · vs all stocks (USD)
Enterprise Value
45.07BEUR52.65B · vs all stocks (USD)
Trailing P/E
16.49xForward P/E
10.66xPrice to Sales (TTM)
0.6458xPrice to Book (MRQ)
2.18xEnterprise to Revenue
1.57xEnterprise to EBITDA
8.03xProfit Margin
3.31%Operating Margin
14.02%Return on Assets (TTM)
4.44%Return on Equity (TTM)
10.08%Revenue (TTM)
28.75BEUR33.59B · vs all stocks (USD)
Revenue per Share (TTM)
102.28EURUpdated Aug 21, 2026Quarterly Revenue Growth
-2.80%Gross Profit (TTM)
10.63BEUR12.41B · vs all stocks (USD)
EBITDA (TTM)
6.28BEUR7.34B · vs all stocks (USD)
Net Income (TTM)
952.00MEUR1.11B · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
4.80%Operating Cash Flow (TTM)
5.01BEUR5.86B · vs all stocks (USD)
Levered Free Cash Flow (TTM)
2.20BEUR2.57B · vs all stocks (USD)
Forward Annual Dividend Rate
1.52EURUpdated Aug 21, 2026Forward Annual Dividend Yield
2.24%vs all stocks
Trailing Annual Dividend Rate
2.09EURUpdated Aug 21, 2026Trailing Annual Dividend Yield
3.07%vs all stocks
5-Year Average Dividend Yield
2.36%vs all stocks
Payout Ratio
46.34%Minority Interest (Equity)
11.71BEURFY2025 · Dec 31, 2025Revenue
28.75BEURFY2025 · Dec 31, 2025Cost of Goods Sold
18.46BEURFY2025 · Dec 31, 2025Gross Profit
10.29BEURFY2025 · Dec 31, 2025Operating Income
3.24BEUR3.78B · vs all stocks (USD)
Pre-tax Income
3.00BEURFY2025 · Dec 31, 2025Income Tax Expense
857.00MEURFY2025 · Dec 31, 2025Net Income
2.14BEURFY2025 · Dec 31, 2025EBIT
3.64BEURFY2025 · Dec 31, 2025EBITDA (Income Statement)
6.28BEURFY2025 · Dec 31, 2025Non-operating Interest Income
108.00MEURFY2025 · Dec 31, 2025Non-operating Interest Expense
644.00MEURFY2025 · Dec 31, 2025EPS (Basic)
3.39EURFY2025 · Dec 31, 2025EPS (Diluted)
3.39EURFY2025 · Dec 31, 2025Basic Shares Outstanding
281.11MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
281.11MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
2.14BEURFY2025 · Dec 31, 2025Minority Interests (P&L)
-1.19BEURFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00EURFY2025 · Dec 31, 2025Operating Cash Flow
2.88BEURFY2025 · Dec 31, 2025Free Cash Flow
912.00MEURFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
4.36BEURFY2025 · Dec 31, 2025Starting Profit (CF Statement)
2.14BEURFY2025 · Dec 31, 2025Other Non-cash Items
685.00MEURFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
54.00MEURFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
2.00MEURFY2025 · Dec 31, 2025Capital Expenditures
-1.97BEURFY2025 · Dec 31, 2025Net Intangibles (CF)
-269.00MEURFY2025 · Dec 31, 2025Net Acquisitions
-45.00MEURFY2025 · Dec 31, 2025Net Investing Cash Flow
-2.01BEURFY2025 · Dec 31, 2025Long-term Debt Issuance
6.58BEURFY2025 · Dec 31, 2025Long-term Debt Payments
-4.05BEURFY2025 · Dec 31, 2025Common Stock Repurchase
-658.00MEURFY2025 · Dec 31, 2025Common Dividends Paid
-1.28BEURFY2025 · Dec 31, 2025Other Financing Charges
-22.00MEURFY2025 · Dec 31, 2025Net Financing Cash Flow
575.00MEURFY2025 · Dec 31, 2025Shares Outstanding
275.33MSharesUpdated Aug 21, 2026Float Shares
120.82MSharesUpdated Aug 21, 2026% Held by Insiders
56.55%vs all stocks
% Held by Institutions
22.70%vs all stocks
Total Cash (MRQ)
4.82BEUR5.63B · vs all stocks (USD)
Total Cash per Share (MRQ)
17.33EURUpdated Aug 21, 2026Total Debt (MRQ)
19.28BEUR22.52B · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.9481xCurrent Ratio (MRQ)
0.9290xBook Value per Share (MRQ)
31.05EURUpdated Aug 21, 2026Total Assets
53.47BEUR62.47B · vs all stocks (USD)
Total Current Assets
12.94BEURFY2025 · Dec 31, 2025Total Liabilities
33.14BEURFY2025 · Dec 31, 2025Total Non-current Assets
40.54BEURFY2025 · Dec 31, 2025Total Non-current Liabilities
19.21BEURFY2025 · Dec 31, 2025Total Current Liabilities
13.93BEURFY2025 · Dec 31, 2025Cash & Cash Equivalents
4.82BEURFY2025 · Dec 31, 2025Accounts Receivable
3.07BEURFY2025 · Dec 31, 2025Inventory
3.26BEURFY2025 · Dec 31, 2025Accounts Payable
5.83BEURFY2025 · Dec 31, 2025Short-term Debt
3.09BEURFY2025 · Dec 31, 2025Other Current Liabilities
543.00MEURFY2025 · Dec 31, 2025Long-term Debt
16.19BEURFY2025 · Dec 31, 2025Other Non-current Liabilities
108.00MEURFY2025 · Dec 31, 2025Common Stock (Book)
461.00MEURFY2025 · Dec 31, 2025Retained Earnings
9.64BEURFY2025 · Dec 31, 2025Total Shareholders' Equity
20.34BEUR23.76B · vs all stocks (USD)
Treasury Stock
696.00MEURFY2025 · Dec 31, 202552-Week Low
57.10EURUpdated Aug 21, 202652-Week High
75.55EURUpdated Aug 21, 202652-Week Change
9.94%vs all stocks
Beta
0.6330xvs all stocks
50-Day MA
68.99EURUpdated Aug 21, 2026200-Day MA
64.57EURUpdated Aug 21, 2026Avg 10-Day Volume
159.64KSharesUpdated Aug 21, 2026Avg 30-Day Volume
147.68KSharesUpdated Aug 21, 2026Diluted EPS (TTM)
4.10EURUpdated Aug 21, 2026Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Structural Tensions
Prioritizing buybacks over growth reinvestmentNotable
Buyback Intensity: 0.04Revenue Growth YoY: -0.03
Financial Health
Altman Z-Score 1.34: grey zoneSignificant
Altman Z-Score: 1.34
High earnings qualityNotable
Earnings Quality Score: 0.53
Supply Chain
Midstream position: 6 outgoing, 4 incoming connectionsNotable
Outgoing: 6.00Incoming: 4.00
High connectivity hub: 10 industry connectionsNotable
Total Connections: 10.00
Scale
Revenue is $33.59B, higher than 95% of all stocks globallySignificant
Revenue (USD): 33,590,980,303.38Global P95: 14,667,937,174.886
Levered free cash flow is $2.57B, higher than 95% of all stocks globallySignificant
Levered free cash flow (USD): 2,565,206,764.155Global P95: 1,123,592,359.78
Market cap is $21.82B, above the global median of $1.15BNotable
Market cap (USD): 21,821,391,556.301Global Median: 1,146,734,693.424
Companies that share the same coordination system — how they create, deliver, or capture value.
Carlsberg A/S
Tier 1ProductionBrand-Compounding ConsumerFlowAttention
Shanxi Xinghuacun Fen Wine Co. Ltd.
Tier 1ProductionBrand-Compounding ConsumerFlowAttention
Coca-Cola HBC AG
Tier 1ProductionBrand-Compounding ConsumerFlowAttention
Constellation Brands, Inc.
Tier 1ProductionBrand-Compounding ConsumerFlowAttention
Yihai Kerry Arawana Holdings Co., Ltd.
Tier 1ProductionBrand-Compounding ConsumerFlowRule
Church & Dwight Co., Inc.
Tier 1ProductionBrand-Compounding ConsumerAttentionFlow
General Mills, Inc.
Tier 1ProductionBrand-Compounding ConsumerFlowAttention
Pernod Ricard SA
Tier 1ProductionBrand-Compounding ConsumerAttentionFlow
Beiersdorf AG
Tier 1ProductionBrand-Compounding ConsumerAttentionFlow
Inner Mongolia Yili Industrial Group Co. Ltd.
Tier 1ProductionBrand-Compounding ConsumerFlowAttention