Heineken
€69.66Change from previous close: +0.93%Absolute change: +€0.64
At a glance
- Revenue growth
- −3.58%
- 2025 vs 2024
- Net income growth
- +92.74%
- 2025 vs 2024
- Net margin
- 6.6%
- 2024: 3.3%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 28,753 | 29,821 | 30,362 | 28,719 | 21,941 |
| Cost of revenue | 18,128 | 19,025 | 19,659 | 18,322 | 13,326 |
| Gross profit | 10,625 | 10,796 | 10,703 | 10,397 | 8,615 |
| Selling, general and administrative | 4,494 | 4,527 | 4,392 | 4,139 | 3,594 |
| Operating income | 3,710 | 3,793 | 3,809 | 4,045 | 3,052 |
| EBIT | 3,710 | 3,793 | 3,809 | 4,045 | 3,052 |
| EBITDA | 5,519 | 5,647 | 5,494 | 5,691 | 4,543 |
| Interest expense | 620 | 680 | 640 | 458 | 462 |
| Pre-tax income | 2,995 | 2,007 | 2,522 | 4,170 | 4,334 |
| Income tax | 857 | 846 | 121 | 1,131 | 799 |
| Net income | 1,885 | 978 | 2,304 | 2,682 | 3,324 |
| Net income to common shareholders | 1,885 | 978 | 2,304 | 2,682 | 3,324 |
| Basic EPS | 3.39 | 1.75 | 4.09 | 4.66 | 5.77 |
| Diluted EPS | 3.38 | 1.74 | 4.09 | 4.65 | 5.77 |
| Average shares (basic) | 557 | 560 | 563 | 576 | 576 |
| Average shares (diluted) | 557 | 561 | 564 | 576 | 576 |
| Dividend per share | 1.90 | 1.86 | 1.73 | 1.73 | 1.24 |