Heineken

HEIA · Euronext Amsterdam · EUR

€69.02Change from previous close: −1.15%Absolute change: −€0.80

Close · October 1, 2026

Valuation

Data as of October 1, 2026

Valuation multiples

Market cap
€38.23B
Enterprise value
€58.25B
P/E (trailing 12 months)
16.8
Forward P/E
12.1
PEG
1.19
Price/book
1.98
Price/sales
1.30
EV/EBITDA
10.5
EV/revenue
1.98

Profitability and growth

Gross margin
37.0%
Operating margin
10.5%
Net margin
7.7%
ROE
12.1%
ROA
4.0%
Revenue growth (year over year)
4.7%
Earnings growth (year over year)
54.1%

Financial health

Total cash
€2.83B
Total debt
€20.64B
Debt/equity
0.95
Current ratio
0.75
Quick ratio
0.51

Dividends

Annual dividend per share
€1.92
Dividend yield
2.8%
Payout ratio
46.3%
Ex-dividend date
August 7, 2026

Analysts and estimates

Average price target
€89.14
Median price target
€89.00
High price target
€126.00
Low price target
€70.00
Analysts with a price target
23
Consensus
Buy
Forward EPS
€5.72
EPS estimate, current year
€5.28

Shares and trading

Beta
0.56
Average volume
746.33K
Shares outstanding
553.85M
Float
259.17M
Institutional ownership
26.1%
Insider ownership
51.0%