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About the company

Heineken NV is a Netherlands-based company primarily engaged in brewing and selling of beer and other beverages. The product range of HEINEKEN mainly consists of beer, soft drinks and cider. The Company operates through five reportable segments: Africa, Middle East & Eastern Europe; Americas; Asia Pacific, Europe, and Head Office and Other/eliminations. The Africa, Middle East and Eastern Europe segment includes brands, such as Heineken, Primus, Amstel, Walia and Goldberg. The Americas segment includes brands, such as Heineken, Tecate, Amstel, Sol and Dos Equis. The Asia Pacific segment includes brands, such as Heineken, Anchor, Larue, Tiger and Bintang. The Europe segment includes brands, such as Heineken, Cruzcampo, Birra Moretti, Zywiec and Strongbow Apple Ciders. The Company owns, markets and sells in more than 190 countries.

  • Revenue in EUR (TTM)28.75bn
  • Net income in EUR1.89bn
  • Incorporated1873
  • Employees87.87k
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
HEIA:AEX since
announced
Transaction
value
Florida Ice & Farm Co SA-Beyond Beer BusinessDeal completed22 Sep 202522 Sep 2025Deal completed18.88%--
Distribuidora La Florida SADeal completed22 Sep 202522 Sep 2025Deal completed18.88%3.20bn
Heineken Panama SADeal completed22 Sep 202522 Sep 2025Deal completed18.88%--
Nicaragua Brewing HoldingDeal completed22 Sep 202522 Sep 2025Deal completed18.88%--
Data delayed at least 15 minutes, as of Feb 16 2026 16:35 GMT.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Carlsberg A/S11.93bn797.18m18.19bn36.96k22.264.7610.861.5344.9644.96672.21210.360.66677.4814.092,410,318.005.226.548.3610.8645.1645.677.8310.710.4567.920.697254.5418.788.76-13.17-0.254.935.68
Heineken Holding NV28.75bn952.00m20.44bn87.87k20.932.294.680.71093.393.39102.2631.050.53765.406.33327,142.404.004.777.849.3335.7664.637.448.800.694315.860.486742.56-3.327.8391.16--7.9322.10
Pernod Ricard SA10.96bn1.63bn21.43bn18.22k13.151.4010.371.966.466.4643.5360.460.28740.5337.15601,349.904.404.935.536.0459.4659.9515.3016.300.60146.480.436962.98-5.515.3410.1637.4012.8112.06
Heineken NV28.75bn1.89bn44.89bn87.87k23.012.4310.441.563.393.3951.6232.070.53486.716.34327,222.003.984.755.796.8720.2147.487.448.780.691215.980.483342.74-3.897.8392.74--7.9322.10
Diageo plc17.09bn1.99bn46.22bn29.63k23.284.9316.052.700.77540.77546.673.660.42710.79225.79501,438.205.358.647.2411.7460.1360.3512.5419.630.638414.340.643161.84-0.11846.47-39.175.8212.83-6.47
Anheuser-Busch Inbev SA50.06bn5.77bn120.77bn136.81k23.781.7810.422.412.832.8324.5637.760.27895.1614.73365,920.903.993.385.034.2755.9355.3714.2912.560.57036.220.427729.72-0.74964.8216.77---0.6701--
Data as of Feb 16 2026. Currency figures normalised to Heineken's reporting currency: Euro EUR

Institutional shareholders

10.05%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 31 Dec 202510.32m1.79%
GQG Partners LLCas of 31 Oct 20258.97m1.56%
MFS International (UK) Ltd.as of 31 Dec 20256.95m1.21%
BlackRock Fund Advisorsas of 06 Feb 20265.91m1.03%
Causeway Capital Management LLCas of 31 Dec 20255.54m0.96%
Norges Bank Investment Managementas of 30 Jun 20255.51m0.96%
Schroder Investment Management Ltd.as of 31 Dec 20254.84m0.84%
Artisan Partners LPas of 31 Dec 20253.40m0.59%
Geode Capital Management LLCas of 12 Feb 20263.23m0.56%
BlackRock Advisors (UK) Ltd.as of 06 Feb 20263.23m0.56%
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Data from 30 Sep 2025 - 31 Dec 2025Source: FactSet Research Systems Inc.
Data Provided by LSEG
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