Kraft Tax Provision from 2010 to 2024

KHC Stock  USD 31.81  0.72  2.32%   
Kraft Heinz's Tax Provision is increasing over the years with very volatile fluctuation. Overall, Tax Provision is expected to go to about 826.4 M this year. Tax Provision is the amount set aside by Kraft Heinz Co to cover any estimated taxes for the current period. It reflects Kraft Heinz's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
248 M
Current Value
M
Quarterly Volatility
161.9 M
 
Covid
Check Kraft Heinz financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kraft Heinz's main balance sheet or income statement drivers, such as Interest Expense of 565.9 M, Selling General Administrative of 2.6 B or Total Revenue of 18.5 B, as well as many indicators such as Price To Sales Ratio of 2.6, Dividend Yield of 0.0307 or PTB Ratio of 1.12. Kraft financial statements analysis is a perfect complement when working with Kraft Heinz Valuation or Volatility modules.
  
Check out the analysis of Kraft Heinz Correlation against competitors.

Latest Kraft Heinz's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Kraft Heinz Co over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Kraft Heinz's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kraft Heinz's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Very volatile
   Tax Provision   
       Timeline  

Kraft Tax Provision Regression Statistics

Arithmetic Mean89,490,000
Geometric Mean670,799,484
Coefficient Of Variation1,808
Mean Deviation894,130,667
Median366,000,000
Standard Deviation1,617,892,973
Sample Variance2617577.7T
Range6.8B
R-Value0.07
Mean Square Error2804026T
R-Squared0.01
Significance0.80
Slope26,305,179
Total Sum of Squares36646087.4T

Kraft Tax Provision History

2024826.4 M
2023787 M
2022598 M
2021684 M
2020669 M
2019728 M
2018-1.1 B

About Kraft Heinz Financial Statements

Kraft Heinz stakeholders use historical fundamental indicators, such as Kraft Heinz's Tax Provision, to determine how well the company is positioned to perform in the future. Although Kraft Heinz investors may analyze each financial statement separately, they are all interrelated. For example, changes in Kraft Heinz's assets and liabilities are reflected in the revenues and expenses on Kraft Heinz's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Kraft Heinz Co. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision787 M826.4 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Kraft Heinz offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kraft Heinz's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kraft Heinz Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kraft Heinz Co Stock:
Check out the analysis of Kraft Heinz Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kraft Heinz. If investors know Kraft will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kraft Heinz listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.90)
Dividend Share
1.6
Earnings Share
1.11
Revenue Per Share
21.506
Quarterly Revenue Growth
(0.03)
The market value of Kraft Heinz is measured differently than its book value, which is the value of Kraft that is recorded on the company's balance sheet. Investors also form their own opinion of Kraft Heinz's value that differs from its market value or its book value, called intrinsic value, which is Kraft Heinz's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kraft Heinz's market value can be influenced by many factors that don't directly affect Kraft Heinz's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kraft Heinz's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kraft Heinz is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kraft Heinz's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.