PerpEquities

Equity

The Kraft Heinz Company (KHC) perpetual futures

KHC perpetual futures on 1 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade KHCUSDT.

The Kraft Heinz Company tracked across crypto venues with normalized contract specifications.

$23.78-1.1%NYSE closed
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venue perp mark · MEXC (KHC/USDT)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

1/1 live markets
Venues
1
Live markets
1/1
24h volume
$81.3K
Open interest
$515.1K
Best liquidity
$5.9K
MEXC
Tightest spread
+130.4 bps
MEXC
Highest volume
$81.3K
MEXC
Settlement mix
USDT · 1/1
Perp/spot vol.
0.00x
Spot volume $352.1M
OI / float
0.00%
Float $28.1B
Spot performance
1D-0.88%
5D-3.41%
1M-7.00%
6M+12.16%
YTD-1.90%
1Y-10.43%

Venue matrix

1 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
MEXCTradeKHC/USDTTrading$23.78+11.2% APR
+0.010% every 8h
+130.4 bps$5.9K$81.3K$515.1KUSDT20x

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

No sufficient depth · 0 of 1 venues absorb $10k

No fresh book data: MEXC

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

KHC

Tightest spread

KHC

Highest volume

KHC

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 1h ago
Market cap
$28.2B
Updated 1h ago
Revenue
$24.9B
Trailing 12 months
Revenue growth
-1%
Next fiscal year
Profit margin
-13.6%
P/E
-8.3
Peer P/E 15.9
Free cash flow
$3.8B
Trailing 12 months
More metrics
Net income
-$3.4B
Trailing 12 months
P/S
1.1
Peer P/E
15.9
Similar listed perps
Revenue estimate
$24.7B
Next fiscal year
Earnings
2026-11-04
Revenue est. $6.1B · Updated 1h ago
Dividend
$0.4
2026-09-04

Fundamental detail

Annual + quarterly
Latest revenue$24.9B
Net margin-23.4%
Free cash flow$3.7B
Net debt$18.6B
2020$26.2B
2021$26B
2022$26.5B
2023$26.6B
2024$25.8B
2025$24.9B
PeriodRevenueGrowthNet incomeFCF
2020$26.2B+5%$356M$4.3B
2021$26B-1%$1B$4.5B
2022$26.5B+2%$2.4B$1.6B
2023$26.6B+1%$2.9B$3B
2024$25.8B-3%$2.7B$3.2B
2025$24.9B-3%-$5.8B$3.7B
PeriodGross marginOperating marginNet marginROEROA
2020+35.0%+8.1%+1.4%+0.7%+0.4%
2021+33.3%+13.3%+3.9%+2.1%+1.1%
2022+30.7%+13.7%+8.9%+4.9%+2.6%
2023+33.5%+17.2%+10.7%+5.8%+3.2%
2024+34.7%+6.5%+10.6%+5.6%+3.1%
2025+33.3%-18.7%-23.4%-14.0%-7.1%
PeriodCashDebtNet debtCurrent ratio
2020$3.4B$28.3B$24.9B1.34
2021$3.4B$21.8B$18.4B0.99
2022$1B$20.1B$19B0.87
2023$1.4B$20B$18.6B0.99
2024$1.3B$19.9B$18.5B1.06
2025$2.6B$21.2B$18.6B1.15
PeriodMarket capEnterprise valueP/SP/E
2020$42.8B$67.7B1.6120.6
2021$43.1B$61.5B1.742.5
2022$49.9B$68.9B1.921.1
2023$45.4B$64B1.715.9
2024$37.1B$55.7B1.413.5
2025$28.6B$47.2B1.1-4.9
Q3 2024$6.4B
Q4 2024$6.6B
Q1 2025$6B
Q2 2025$6.4B
Q3 2025$6.2B
Q4 2025$6.4B
Q1 2026$6B
Q2 2026$6.3B
PeriodRevenueGrowthNet incomeFCF
Q3 2024$6.4B-3%-$290M$849M
Q4 2024$6.6B-4%$2.1B$1.1B
Q1 2025$6B-6%$712M$482M
Q2 2025$6.4B-2%-$7.8B$1B
Q3 2025$6.2B-2%$615M$986M
Q4 2025$6.4B-3%$651M$1.2B
Q1 2026$6B+1%$798M$766M
Q2 2026$6.3B-1%-$5.5B$893M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+34.2%-1.6%-4.5%-0.6%-0.3%
Q4 2024+34.1%-0.6%+32.4%+4.3%+2.4%
Q1 2025+34.4%+19.9%+11.9%+1.4%+0.8%
Q2 2025+34.4%-125.5%-123.2%-18.9%-9.6%
Q3 2025+31.9%+16.4%+9.9%+1.5%+0.8%
Q4 2025+32.6%+17.1%+10.2%+1.6%+0.8%
Q1 2026+34.4%+17.8%+13.2%+1.9%+1.0%
Q2 2026+32.4%-102.7%-87.2%-15.2%-7.5%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$1.3B$20.1B$18.8B1.06
Q4 2024$1.3B$19.9B$18.5B1.06
Q1 2025$2.1B$21.6B$19.5B1.31
Q2 2025$1.6B$21.2B$19.6B1.07
Q3 2025$2.1B$21.2B$19B1.13
Q4 2025$2.6B$21.2B$18.6B1.15
Q1 2026$3.5B$21.1B$17.7B1.20
Q2 2026$2.4B$19B$16.6B1.06
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$42.8B$61.6B6.7-36.8
Q4 2024$37B$55.6B5.64.3
Q1 2025$36.1B$55.6B6.012.6
Q2 2025$30.5B$50.1B4.8-1.0
Q3 2025$30.8B$49.9B4.912.5
Q4 2025$28.6B$47.2B4.511.0
Q1 2026$26.2B$43.8B4.38.2
Q2 2026$28.1B$44.7B4.5-1.3

Refreshed 1h ago

Charts: revenue, profit, cash flow & valuation
Revenue$6.3BQ2 2026
$1.7B$3.4B$5.1B$6.9BQ3 2023: $6.6BQ4 2023: $6.9BQ1 2024: $6.4BQ2 2024: $6.5BQ3 2024: $6.4BQ4 2024: $6.6BQ1 2025: $6BQ2 2025: $6.4BQ3 2025: $6.2BQ4 2025: $6.4BQ1 2026: $6BQ2 2026: $6.3BQ3 2023Q2 2026
Net income-$5.5BQ2 2026
-$5.3B-$2.8B-$357.8M$2.1BQ3 2023: $262MQ4 2023: $757MQ1 2024: $801MQ2 2024: $102MQ3 2024: -$290MQ4 2024: $2.1BQ1 2025: $712MQ2 2025: -$7.8BQ3 2025: $615MQ4 2025: $651MQ1 2026: $798MQ2 2026: -$5.5BQ3 2023Q2 2026
EBITDA-$6BQ2 2026
-$5.4B-$3.1B-$794.3M$1.5BQ3 2023: $962MQ4 2023: $1.4BQ1 2024: $1.5BQ2 2024: $816MQ3 2024: $192MQ4 2024: $223MQ1 2025: $1.5BQ2 2025: -$7.7BQ3 2025: $1.3BQ4 2025: $1.4BQ1 2026: $1.5BQ2 2026: -$6BQ3 2023Q2 2026
Free cash flow$893MQ2 2026
$292.8M$585.5M$878.3M$1.2BQ3 2023: $765MQ4 2023: $1.1BQ1 2024: $477MQ2 2024: $553MQ3 2024: $849MQ4 2024: $1.1BQ1 2025: $482MQ2 2025: $1BQ3 2025: $986MQ4 2025: $1.2BQ1 2026: $766MQ2 2026: $893MQ3 2023Q2 2026
EPS-$4.6Q2 2026
-$4.49-$2.41-$0.32$1.76Q3 2023: $0.21Q4 2023: $0.61Q1 2024: $0.66Q2 2024: $0.08Q3 2024: -$0.24Q4 2024: $1.76Q1 2025: $0.6Q2 2025: -$6.57Q3 2025: $0.52Q4 2025: $0.55Q1 2026: $0.67Q2 2026: -$4.6Q3 2023Q2 2026
Cash / Debt$2.4BQ2 2026
$5.4B$10.8B$16.2B$21.6BQ3 2023 · Cash: $1.1BQ3 2023 · Debt: $19.9BQ4 2023 · Cash: $1.4BQ4 2023 · Debt: $20BQ1 2024 · Cash: $1.6BQ1 2024 · Debt: $20.5BQ2 2024 · Cash: $900MQ2 2024 · Debt: $19.9BQ3 2024 · Cash: $1.3BQ3 2024 · Debt: $20.1BQ4 2024 · Cash: $1.3BQ4 2024 · Debt: $19.9BQ1 2025 · Cash: $2.1BQ1 2025 · Debt: $21.6BQ2 2025 · Cash: $1.6BQ2 2025 · Debt: $21.2BQ3 2025 · Cash: $2.1BQ3 2025 · Debt: $21.2BQ4 2025 · Cash: $2.6BQ4 2025 · Debt: $21.2BQ1 2026 · Cash: $3.5BQ1 2026 · Debt: $21.1BQ2 2026 · Cash: $2.4BQ2 2026 · Debt: $19BQ3 2023Q2 2026
CashDebt
Profitability+32.4%Q2 2026
-85.3%-45.1%-4.8%+35.4%Q3 2023 · Gross margin: +34.0%Q4 2023 · Gross margin: +33.8%Q1 2024 · Gross margin: +35.0%Q2 2024 · Gross margin: +35.4%Q3 2024 · Gross margin: +34.2%Q4 2024 · Gross margin: +34.1%Q1 2025 · Gross margin: +34.4%Q2 2025 · Gross margin: +34.4%Q3 2025 · Gross margin: +31.9%Q4 2025 · Gross margin: +32.6%Q1 2026 · Gross margin: +34.4%Q2 2026 · Gross margin: +32.4%Q3 2023 · Operating margin: +9.9%Q4 2023 · Operating margin: +19.0%Q1 2024 · Operating margin: +20.3%Q2 2024 · Operating margin: +8.1%Q3 2024 · Operating margin: -1.6%Q4 2024 · Operating margin: -0.6%Q1 2025 · Operating margin: +19.9%Q2 2025 · Operating margin: -125.5%Q3 2025 · Operating margin: +16.4%Q4 2025 · Operating margin: +17.1%Q1 2026 · Operating margin: +17.8%Q2 2026 · Operating margin: -102.7%Q3 2023 · Net margin: +4.0%Q4 2023 · Net margin: +11.0%Q1 2024 · Net margin: +12.5%Q2 2024 · Net margin: +1.6%Q3 2024 · Net margin: -4.5%Q4 2024 · Net margin: +32.4%Q1 2025 · Net margin: +11.9%Q2 2025 · Net margin: -123.2%Q3 2025 · Net margin: +9.9%Q4 2025 · Net margin: +10.2%Q1 2026 · Net margin: +13.2%Q2 2026 · Net margin: -87.2%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth-1.4%Q2 2026
-4.6%-2.8%-1.0%+0.8%Q3 2024: -2.8%Q4 2024: -4.1%Q1 2025: -6.4%Q2 2025: -1.9%Q3 2025: -2.3%Q4 2025: -3.4%Q1 2026: +0.8%Q2 2026: -1.4%Q3 2023Q2 2026
Shares outstanding1.2BQ2 2026
308.8M617.5M926.3M1.2BQ3 2023: 1.2BQ4 2023: 1.2BQ1 2024: 1.2BQ2 2024: 1.2BQ3 2024: 1.2BQ4 2024: 1.2BQ1 2025: 1.2BQ2 2025: 1.2BQ3 2025: 1.2BQ4 2025: 1.2BQ1 2026: 1.2BQ2 2026: 1.2BQ3 2023Q2 2026
Valuation-1.3Q2 2026
-3.729.462.595.7Q3 2023 · P/E: 40.0Q4 2023 · P/E: 14.9Q1 2024 · P/E: 14.0Q2 2024 · P/E: 95.7Q3 2024 · P/E: -36.8Q4 2024 · P/E: 4.3Q1 2025 · P/E: 12.6Q2 2025 · P/E: -1.0Q3 2025 · P/E: 12.5Q4 2025 · P/E: 11.0Q1 2026 · P/E: 8.2Q2 2026 · P/E: -1.3Q3 2023 · P/S: 6.3Q4 2023 · P/S: 6.6Q1 2024 · P/S: 7.0Q2 2024 · P/S: 6.0Q3 2024 · P/S: 6.7Q4 2024 · P/S: 5.6Q1 2025 · P/S: 6.0Q2 2025 · P/S: 4.8Q3 2025 · P/S: 4.9Q4 2025 · P/S: 4.5Q1 2026 · P/S: 4.3Q2 2026 · P/S: 4.5Q3 2023Q2 2026
P/EP/S
Revenue$24.9B2025
$6.7B$13.3B$20B$26.6B2018: $26.3B2019: $25B2020: $26.2B2021: $26B2022: $26.5B2023: $26.6B2024: $25.8B2025: $24.9B20182025
Net income-$5.8B2025
-$6.9B-$3.7B-$406.8M$2.9B2018: -$10.2B2019: $1.9B2020: $356M2021: $1B2022: $2.4B2023: $2.9B2024: $2.7B2025: -$5.8B20182025
EBITDA-$3.5B2025
-$5.4B-$1.8B$1.9B$5.5B2018: -$9.1B2019: $5B2020: $3.4B2021: $4.7B2022: $4.8B2023: $5.5B2024: $2.7B2025: -$3.5B20182025
Free cash flow$3.7B2025
$1.1B$2.2B$3.3B$4.5B2018: $1.7B2019: $2.8B2020: $4.3B2021: $4.5B2022: $1.6B2023: $3B2024: $3.2B2025: $3.7B20182025
EPS-$4.932025
-$5.75-$3.06-$0.38$2.312018: -$8.442019: $1.582020: $0.292021: $0.822022: $1.912023: $2.312024: $2.262025: -$4.9320182025
Cash / Debt$2.6B2025
$7.8B$15.6B$23.4B$31.2B2018 · Cash: $1.1B2018 · Debt: $31.2B2019 · Cash: $2.3B2019 · Debt: $29.2B2020 · Cash: $3.4B2020 · Debt: $28.3B2021 · Cash: $3.4B2021 · Debt: $21.8B2022 · Cash: $1B2022 · Debt: $20.1B2023 · Cash: $1.4B2023 · Debt: $20B2024 · Cash: $1.3B2024 · Debt: $19.9B2025 · Cash: $2.6B2025 · Debt: $21.2B20182025
CashDebt
Profitability+33.3%2025
-20.4%-1.9%+16.6%+35.0%2018 · Gross margin: +34.0%2019 · Gross margin: +32.6%2020 · Gross margin: +35.0%2021 · Gross margin: +33.3%2022 · Gross margin: +30.7%2023 · Gross margin: +33.5%2024 · Gross margin: +34.7%2025 · Gross margin: +33.3%2018 · Operating margin: -38.8%2019 · Operating margin: +12.3%2020 · Operating margin: +8.1%2021 · Operating margin: +13.3%2022 · Operating margin: +13.7%2023 · Operating margin: +17.2%2024 · Operating margin: +6.5%2025 · Operating margin: -18.7%2018 · Net margin: -38.8%2019 · Net margin: +7.7%2020 · Net margin: +1.4%2021 · Net margin: +3.9%2022 · Net margin: +8.9%2023 · Net margin: +10.7%2024 · Net margin: +10.6%2025 · Net margin: -23.4%20182025
Gross marginOperating marginNet margin
Revenue growth-3.5%2025
-2.5%0.0%+2.4%+4.8%2019: -4.9%2020: +4.8%2021: -0.5%2022: +1.7%2023: +0.6%2024: -3.0%2025: -3.5%20182025
Shares outstanding1.2B2025
309M618M927M1.2B2018: 1.2B2019: 1.2B2020: 1.2B2021: 1.2B2022: 1.2B2023: 1.2B2024: 1.2B2025: 1.2B20182025
Valuation-4.92025
26.357.889.2120.62018 · P/E: -5.12019 · P/E: 20.32020 · P/E: 120.62021 · P/E: 42.52022 · P/E: 21.12023 · P/E: 15.92024 · P/E: 13.52025 · P/E: -4.92018 · P/S: 2.02019 · P/S: 1.62020 · P/S: 1.62021 · P/S: 1.72022 · P/S: 1.92023 · P/S: 1.72024 · P/S: 1.42025 · P/S: 1.120182025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-11-04
Revenue est. $6.1B · Updated 1h ago
Dividend
$0.4
2026-09-04

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20262.05$24.7B-1%11
FY 20272.07$24.7B-1%11
FY 20282.13$25B0%4
FY 20292.20$25.1B+1%1
FY 20302.25$25.2B+1%1
Q1 20270.52$6B-1%9

Company events

6
2026-11-04EarningsActual - / Estimate 0.43-
2026-09-04Dividend$0.4-
2026-08-05EarningsActual 0.56 / Estimate 0.54Beat
2026-06-05Dividend$0.4-
2026-05-06EarningsActual 0.58 / Estimate 0.5Beat
2026-03-06Dividend$0.4-

Peer comparison

Similar listed perps

Analyst track record

How the analysts covering KHC have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings104323
Analysts2030
Buy / hold / sell1 / 83 / 2051 / 235 / 37
Upgrades / downgrades / initiations0 / 3 / 24 / 11 / 6
Price targets hit / missed37 / 60 (38%)37 / 270 (12%)
Avg. return after a rating (TipRanks)-0.5%-19.6%
Best / worst call+31.9% / -25.8%+31.9% / -49.5%

After buy calls on this stock: not enough measured cases yet

Latest ratings

DateAnalystCallTarget
Sep 22, 2026Robert MoskowTD CowenHoldMaintained$22.00
Sep 17, 2026Michael LaveryPiper SandlerHoldMaintained$25.00
Sep 17, 2026Nik ModiRBC CapitalBuyInitiated$32.00
Sep 14, 2026David PalmerEvercore ISIHoldMaintained$23.00
Sep 10, 2026Andrew LazarBarclaysHoldMaintained$26.00

TipRanks data via FMP · computed Sep 23, 2026 · 104 ratings

Frequently asked questions

Where can I trade KHC perpetual futures?

The Kraft Heinz Company (KHC) perpetual futures trade on 1 crypto venues, including MEXC. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade KHC around the clock?

Yes. Unlike the underlying stock, KHC perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on KHC perpetuals?

Right now the KHC perp funding rate is +11.2% annualized (venue median), ranging from +11.2% to +11.2% across 1 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the KHC perp price compare to the The Kraft Heinz Company stock?

The venue-median KHC perp mark is $23.8 versus a reference stock price of $23.8, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a KHC perpetual future?

A KHC perpetual is a derivative that tracks the price of The Kraft Heinz Company with no expiry date. It lets you take long or short exposure to The Kraft Heinz Company on crypto venues, around the clock.

What is KHCUSDT perpetual?

KHCUSDT is the symbol most crypto exchanges use for the The Kraft Heinz Company perpetual settled in USDT (Tether). It tracks the KHC share price through an index, trades 24/7 with leverage and never expires.

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