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Kraft Calculated Tax Rate Trend from 2010 to 2020

<div class='circular--portrait' style='background:#FF9E01;color: white;font-size:3em;padding-top: 40px;;'>KHC</div>
KHC -- USA Stock  

Sell-off Trend

Kraft Heinz Calculated Tax Rate is decreasing over the years with slightly volatile fluctuation. Ongoing Calculated Tax Rate is expected to grow to 34.12 this year. From 2010 to 2020 Kraft Heinz Calculated Tax Rate quarterly data regression line had arithmetic mean of 33.18 and r-squared of  0.38. Kraft Heinz Consolidated Income is expected to significantly increase based on the last few years of reporting. The last year's Consolidated Income was at 3.25 Billion. The current year Earning Before Interest and Taxes EBIT is expected to grow to about 5.9 B, whereas Direct Expenses is expected to decline to about 13.3 B. Check Kraft Heinz fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 13.3 B, Consolidated Income of 3.5 B or Cost of Revenue of 18.7 B, as well as many exotic indicators such as Interest Coverage of 4.16, Long Term Debt to Equity of 0.6365 or Calculated Tax Rate of 34.12. This can be a perfect complement to check Kraft Heinz Valuation or Volatility. It can also complement various Kraft Heinz Technical models. Please see the analysis of Kraft Heinz Correlation with competitors.

Kraft Calculated Tax Rate Marginal Breakdown

Showing smoothed Calculated Tax Rate of The Kraft Heinz Company with missing and latest data points interpolated.
Calculated Tax Rate10 Years Trend
Decreasing
Slightly volatile
 Calculated Tax Rate 
    
  Timeline 

Kraft Regression Statistics

Arithmetic Mean 33.18
Geometric Mean 32.96
Coefficient Of Variation 11.77
Mean Deviation 3.39
Median 36.13
Standard Deviation 3.91
Sample Variance 15.25
Range 8.64
R-Value(0.62)
Mean Square Error 10.50
R-Squared 0.38
Significance 0.043123
Slope(0.73)
Total Sum of Squares 152.54

Kraft Calculated Tax Rate Over Time

2016  27.49 
2019  31.62 
2020  34.12