Revenue vs Net income
Reported dollars from 10-Q / 10-K filings. Q4 bars are derived (annual less nine months) where the 10-K does not tag Q4 separately.
Income statement
From 10-Q / 10-K XBRL. Values in reported dollars; EPS in $/share; share counts in shares.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Cost of goods sold | $17.4B | $18.4B | $17.7B | $16.9B | $16.6B |
| YoY | — | +5.8% | -3.5% | -4.7% | -1.5% |
| Gross profit | $8.7B | $8.1B | $8.9B | $9.0B | $8.3B |
| YoY | — | -6.5% | +9.9% | +0.5% | -7.3% |
| Research & development | $140.0M | $127.0M | $147.0M | $150.0M | $167.0M |
| YoY | — | -9.3% | +15.7% | +2.0% | +11.3% |
| Selling, general & administrative | $5.2B | $4.5B | $4.4B | $7.3B | $13.0B |
| YoY | — | -14.1% | -3.0% | +67.3% | +78.1% |
| Operating income | $3.5B | $3.6B | $4.6B | $1.7B | $-4.7B |
| YoY | — | +5.0% | +25.8% | -63.2% | -377.4% |
| Pretax income | $1.7B | $3.0B | $3.6B | $856.0M | $-5.4B |
| YoY | — | +73.7% | +22.5% | -76.4% | -736.1% |
| Income tax | $684.0M | $598.0M | $787.0M | $-1.9B | $403.0M |
| YoY | — | -12.6% | +31.6% | -340.2% | +121.3% |
| Net income | $1.0B | $2.4B | $2.9B | $2.7B | $-5.8B |
| YoY | — | +133.5% | +20.8% | -3.9% | -313.0% |
| EPS — basic | $0.83 | $1.93 | $2.33 | $2.27 | $-4.93 |
| YoY | — | +132.5% | +20.7% | -2.6% | -317.2% |
| EPS — diluted | $0.82 | $1.91 | $2.31 | $2.26 | $-4.93 |
| YoY | — | +132.9% | +20.9% | -2.2% | -318.1% |
| Weighted shares — basic | 1.22B | 1.23B | 1.23B | 1.21B | 1.19B |
| Weighted shares — diluted | 1.24B | 1.24B | 1.24B | 1.22B | 1.19B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $3.4B | $1.0B | $1.4B | $1.3B | $2.6B |
| YoY | — | -69.8% | +34.6% | -4.7% | +96.0% |
| Marketable securities (current) | — | — | — | $0 | $1.1B |
| YoY | — | — | — | — | — |
| Accounts receivable | $2.0B | $2.1B | $2.1B | $2.1B | $2.3B |
| YoY | — | +8.3% | -0.4% | +1.7% | +5.0% |
| Inventory | $2.7B | $3.7B | $3.6B | $3.4B | $3.2B |
| YoY | — | +33.8% | -1.0% | -6.6% | -6.2% |
| Total current assets | $9.0B | $7.9B | $7.9B | $7.7B | $10.1B |
| YoY | — | -12.2% | +0.4% | -3.5% | +32.3% |
| Total assets | $93.4B | $90.5B | $90.3B | $88.3B | $81.8B |
| YoY | — | -3.1% | -0.2% | -2.3% | -7.4% |
| Total current liabilities | $9.1B | $9.0B | $8.0B | $7.3B | $8.8B |
| YoY | — | -0.4% | -11.0% | -9.8% | +21.0% |
| Total liabilities | $43.9B | $41.6B | $40.6B | $39.0B | $40.0B |
| YoY | — | -5.2% | -2.5% | -4.1% | +2.7% |
| Total equity | $49.3B | $48.7B | $49.5B | $49.2B | $41.7B |
| YoY | — | -1.3% | +1.7% | -0.7% | -15.3% |
| Shares outstanding | 1.22B | 1.23B | 1.22B | 1.20B | 1.18B |
| YoY | — | +0.1% | -0.6% | -1.9% | -0.9% |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Operating cash flow | $5.4B | $2.5B | $4.0B | $4.2B | $4.5B |
| YoY | — | -54.0% | +61.0% | +5.2% | +6.6% |
| Capital expenditures | $905.0M | $916.0M | $1.0B | $1.0B | $801.0M |
| YoY | — | +1.2% | +10.6% | +1.1% | -21.8% |
| Free cash flow | $4.5B | $1.6B | $3.0B | $3.2B | $3.7B |
| YoY | — | -65.2% | +90.8% | +6.6% | +15.9% |
| Dividends paid | $2.0B | $2.0B | $2.0B | $1.9B | $1.9B |
| YoY | — | +0.1% | +0.3% | -1.7% | -1.7% |
| Share repurchases | $271.0M | $280.0M | $455.0M | $988.0M | $436.0M |
| YoY | — | +3.3% | +62.5% | +117.1% | -55.9% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | — | — | — | — | — |
| Net margin | — | — | — | — | — |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | 40.0% | 20.2% | 21.7% | -220.8% | -7.4% |
| Current ratio | 0.99x | 0.87x | 0.99x | 1.06x | 1.15x |
| Total liabilities / equity | 0.89x | 0.86x | 0.82x | 0.79x | 0.96x |
Peer comparison — latest full year
Same sector (Consumer Staples), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| KHC FY25 · this stock | — | — | — | — | — | — |
| WMT FY26 | $713.2B | +4.7% | — | 4.2% | 3.1% | 2.1% |
| COST FY26 | $303.2B | +10.1% | — | 3.9% | 3.0% | 3.1% |
| KR FY26 | $147.6B | +0.4% | — | 1.3% | 0.7% | — |
| PEP FY25 | $93.9B | +2.3% | 54.1% | 12.2% | 8.8% | — |
| PG FY26 | $87.0B | +3.3% | — | 22.7% | 18.4% | 17.4% |
| SYY FY26 | $84.6B | +3.9% | 18.5% | 3.7% | 2.1% | — |
| ADM FY25 | $80.3B | -6.2% | 6.3% | — | 1.3% | 5.2% |
| TSN FY25 | $54.4B | +2.1% | 6.5% | 2.0% | 0.9% | 2.2% |
| KO FY25 | $47.9B | +1.9% | 61.6% | 28.7% | 27.3% | 11.0% |
| PM FY25 | $40.6B | +7.3% | 67.1% | 36.6% | 27.9% | 26.2% |
Source: SEC EDGAR XBRL company facts (10-Q / 10-K), snapshot generated 2026-11-03 for 218 tickers. Q4 values are derived as the 10-K annual less the first nine months, since Q4 is not separately tagged in company facts; cash-flow quarterly values are derived from year-to-date filings the same way. Free cash flow = operating cash flow − capital expenditures. Blank cells mean the filing does not report that line item under a standard US-GAAP tag — nothing is estimated or filled in. Descriptive research, not investment advice. How EarnIQ builds fundamentals.