Kraft Heinz Co. (NASDAQ:KHC)

The financial data reveals significant fluctuations in profitability and asset base over the five-year period.

Net Income (Loss) Attributable to Kraft Heinz (US$ in millions)

Net income exhibited a notable increase from 634 million in 2015 to a peak of 10,999 million in 2017, indicating strong profitability growth over those years. However, this positive trend reversed sharply in 2018, with the company reporting a substantial net loss of -10,192 million. In 2019, profitability recovered partially, returning to a positive net income of 1,935 million.

Total Assets (US$ in millions)

Total assets showed a gradual decline throughout the period. Starting at 122,973 million in 2015, assets decreased slightly to 120,480 million in 2016 and remained relatively stable in 2017 at 120,232 million. In 2018 and 2019, total assets declined more noticeably to 103,461 million and 101,450 million, respectively, reflecting a reduction in the asset base over time.

Return on Assets (ROA, %)

The ROA mirrored the pattern in net income, with a low but positive rate of 0.52% in 2015, increasing sharply to 3.01% in 2016 and peaking at 9.15% in 2017. The ratio turned negative in 2018, reaching -9.85%, consistent with the net loss reported that year. In 2019, ROA rebounded to 1.91%, signaling a partial recovery in asset profitability.

Overall, the company experienced strong earnings growth up to 2017, followed by a significant downturn in 2018 associated with asset impairment or other charges, which severely impacted profitability and returns. The following year showed some financial stabilization, though neither net income nor ROA returned to the previous peak levels. The gradual decrease in total assets may reflect divestitures or write-downs during this turbulent period.