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 | Q2 2026 | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2023 | Q4 2022 | Q2 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 14,841 | 14,573 | 14,180 | 14,997 | 14,824 | 15,838 | 14,524 | 15,234 | 13,485 | 11,931 |
| Cost of revenue | 9,643 | 8,893 | 9,235 | 9,351 | 9,674 | 9,955 | 9,704 | 9,742 | 8,580 | 7,354 |
| Gross profit | 5,198 | 5,680 | 4,945 | 5,646 | 5,150 | 5,883 | 4,820 | 5,492 | 4,905 | 4,577 |
| Selling, general and administrative | 2,449 | 2,284 | 2,210 | 2,260 | 2,267 | 2,282 | 2,110 | 2,205 | 1,934 | 1,949 |
| Operating income | 1,553 | 1,951 | 1,759 | 2,101 | 1,692 | 2,151 | 1,658 | 2,031 | 2,014 | 1,531 |
| EBIT | 1,553 | 1,951 | 1,759 | 2,101 | 1,692 | 2,151 | 1,658 | 2,031 | 2,014 | 1,531 |
| EBITDA | 2,749 | 2,784 | 2,735 | 2,764 | 2,883 | 2,784 | 2,710 | 2,720 | 2,971 | 2,150 |
| Interest expense | 370 | 325 | 295 | 338 | 342 | 345 | 295 | 244 | 214 | 236 |
| Pre-tax income | 1,715 | 1,770 | 1,225 | 1,668 | 339 | 1,246 | 1,276 | 2,168 | 2,002 | 2,725 |
| Income tax | 450 | 491 | 366 | 459 | 387 | 32.0 | 89.0 | 584 | 547 | 359 |
| Net income | 1,125 | 1,141 | 744 | 1,073 | -95.0 | 1,148 | 1,156 | 1,417 | 1,265 | 2,290 |
| Net income to common shareholders | 1,125 | 1,141 | 744 | 1,073 | -95.0 | 1,148 | 1,156 | 1,417 | 1,265 | 2,290 |
| Basic EPS | 2.05 | 2.06 | 1.33 | 1.92 | -0.17 | 2.05 | 2.04 | 2.46 | 2.20 | 3.98 |
| Diluted EPS | 2.05 | 2.05 | 1.33 | 1.91 | -0.17 | 2.05 | 2.04 | 2.45 | 2.20 | 3.97 |
| Average shares (basic) | 548 | 554 | 559 | 560 | 560 | 560 | 567 | 576 | 576 | 576 |
| Average shares (diluted) | 549 | 555 | 559 | 561 | 560 | 561 | 567 | 576 | 576 | 576 |
| Dividend per share | 0.76 | 1.16 | 0.74 | 1.17 | 0.69 | 1.04 | 0.69 | 1.23 | 0.50 | 0.96 |
