Heineken

Research Heineken (HEIA) on Bullrun: market cap EUR 40.16B, P/E 18.0, dividend yield 1.6%. Explore financials, valuation history, model signals, and stock context.

Key Metrics

TickerHEIA
ExchangeAS
CountryNetherlands
SectorConsumer Defensive
IndustryBeverages - Brewers
CurrencyEUR
Market capEUR 40.16B
P/E18.0
Dividend yield1.6%
Financial periodFY2025
RevenueEUR 28.75B
Revenue growth-3.6%
Net incomeEUR 1.89B
Free cash flowEUR 2.61B
Gross margin35.8%

Valuation Snapshot

latest market cap is EUR 40.16B; P/E is 18.0; dividend yield is 1.6%.

Peer valuation comparison

Latest P/E is 17.96x versus a Consumer Defensive sector median of 17.24x (4.2% above).

Latest dividend yield is 1.6% versus a Consumer Defensive sector median of 3.01% (46.8% below).

Five-year financial history

Year	Revenue	Net income	Free cash flow	Gross margin	Diluted EPS	Cash	Total debt	Equity
FY2025	EUR 28.75B	EUR 1.89B	EUR 2.61B	35.8%	3.38	EUR 4.77B	EUR 19.28B	EUR 17.98B
FY2024	EUR 29.82B	EUR 978.00M	EUR 3.04B	35.2%	1.74	EUR 2.35B	EUR 17.05B	EUR 19.58B
FY2023	EUR 30.36B	EUR 2.30B	EUR 1.75B	33.9%	4.09	EUR 2.38B	EUR 18.24B	EUR 20.06B
FY2022	EUR 28.72B	EUR 2.68B	EUR 2.49B	35.2%	4.65	EUR 2.77B	EUR 16.38B	EUR 19.55B
FY2021	EUR 26.58B	EUR 3.54B	EUR 2.86B	n/a	5.77	EUR 3.25B	EUR 16.87B	EUR 19.70B

Valuation history

Year	Snapshot date	Market cap	P/E	Dividend yield	Annual dividend/share
2026	2026-10-14	EUR 40.16B	18.0	2.7%	1.92

Dividend history

Latest trailing dividend snapshot: annual dividend/share 1.92 EUR, yield 1.6%.

Year	Dividends/share
FY2025	1.91 EUR
FY2024	1.73 EUR
FY2023	1.92 EUR
FY2022	1.46 EUR
FY2021	0.98 EUR

About Heineken

Heineken N.V. brews and sells beer and cider in Europe, the Americas, Africa, the Middle East, and the Asia Pacific. The company also provides soft drinks.

ETFs that hold Heineken

Heineken is one of the ten largest holdings of one ETF that investors in Europe can buy:

ETF	Weight	TER
iShares STOXX Europe 600 Food & Beverage UCITS ETF (DE)	4.51%	0.46%

Related stock research

Netherlands stocks Netherlands Consumer Defensive stocks A-Z stock index

Other Consumer Defensive stocks

Heineken Holding NV (HEIO) Amsterdam Commodities NV (ACOMO) Koninklijke Ahold Delhaize NV (AD.AS) ForFarmers NV (FFARM) JBS N.V. - Class A (JBS) Kingfish Company Nv (KING) The Magnum Ice Cream Company N.V. (MICC) B.V. Delftsch Aardewerkfabriek "De Porceleyne Fles Anno 1653" (PORF) Sligro Food Group NV (SLIGR) AKTIENBRAU.KAUFBEUR (ABK) Alefarm Brewing AS (ALEFRM) BHB Brauholding Bayern-Mitte AG (B9B)

Frequently asked questions

What is Heineken's market cap?

Heineken's market capitalization is EUR 40.16B.

What is Heineken's P/E ratio?

Heineken's price-to-earnings (P/E) ratio is 18.0.

Does Heineken pay a dividend?

Heineken has a dividend yield of 1.6%.

What does Heineken do?

Heineken N.V. brews and sells beer and cider in Europe, the Americas, Africa, the Middle East, and the Asia Pacific. The company also provides soft drinks.