Heineken N.V.
Netherlands · NL0000009165 · reports in EUR · Europe
The answers
From the annual report for the year to Dec 31, 2025. Each line says what it is based on.
- Is it growing?Fair
- Revenue −4.7% in the year to Dec 31, 2025, on the year before.
- Is it a good business?Fair
- It earned 10% on its shareholders' equity in the year to Dec 31, 2025.
- Is it safe?Fair
- Equity is 38% of its assets, and operations brought in cash in the year.
- Is the price fair?n/a
- Not answered: no exchange publishes this company's price for free reuse, so there is no P/E here.
The year
Year to Dec 31, 2025, consolidated, in EUR.
revenue
operating margin
net profit
Year by year
As filed; an earlier year can differ from its own report when the company restated it.
| Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|---|
| Revenue | €34.7B | €36.4B | €36.0B | €34.3B |
| Operating profit | €4.3B | €3.2B | €3.5B | €3.4B |
| Net profit to shareholders | €2.7B | €2.3B | €978M | €1.9B |
| Earnings per share | €4.66 | €4.09 | €1.75 | €3.39 |
| Cash from operations | €4.5B | €4.4B | €5.5B | €5.0B |
| Capital spending | €1.8B | €2.4B | €2.2B | €2.1B |
| Cash | €2.8B | €2.4B | €2.4B | €4.8B |
| Total assets | €52.4B | €55.2B | €53.8B | €53.8B |
| Equity | €21.9B | €22.8B | €22.4B | €20.6B |
What they do
In the company's own words, from the annual report.
HEINEKEN is primarily involv ed in the brewing and selling of beer and cider. Led by the Heineken ® brand, HEINEKEN has a range of more than 340 international, regional, local and speciality beers and ciders
Source: the company’s annual financial report in ESEF, via filings.xbrl.org (XBRL International). Listed shares from ESMA’s FIRDS register; ESMA does not endorse this site. Ryufin computed the answers and ratios from the filed figures.