Heineken Holding NV (FRA:4H5) Tax Rate %: 26.24% (As of Jun. 2026)

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FRA:4H5 Heineken Holding NV FRA:4H5
82 GF Score
Price €69.90
GF Value €68.68
Valuation Fairly Valued
! 6 Warning Signs
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What is Heineken Holding NV Tax Rate %?

Heineken Holding NV FRA:4H5 +0.29% 82 Tax Rate % is 26.24% as of Jun. 2026. GuruFocus rates FRA:4H5 with a GF Score™ of 82/100 and a GF Value™ of €68.68 (Fairly Valued). The stock has 6 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Heineken Holding NV's Tax Expense for the six months ended in Jun. 2026 was €450 Mil. Heineken Holding NV's Pre-Tax Income for the six months ended in Jun. 2026 was €1,715 Mil. Therefore, Heineken Holding NV's Tax Rate % for the quarter that ended in Jun. 2026 was 26.24%.

Heineken Holding NV Tax Rate % Related Terms

Heineken Holding NV Tax Rate % Historical Data

* Premium members only.

The historical data trend for Heineken Holding NV's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Heineken Holding NV Tax Rate % Chart

Heineken Holding NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.44 27.12 4.80 42.15 28.61

Heineken Holding NV Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 114.16 27.52 29.88 27.74 26.24
FRA:4H5
82GF Score
Heineken Holding NV FRA:4H5
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Heineken Holding NV Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Heineken Holding NV's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=857/2995
=28.61 %

Heineken Holding NV's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=450/1715
=26.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 26.24% mean?
Heineken Holding NV (FRA:4H5) has a Tax Rate % of 26.24% as of Jun. 2026.
Is Heineken Holding NV's Tax Rate % too high?
Heineken Holding NV's current Tax Rate % is 26.24%. Overall, Heineken Holding NV has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heineken Holding NV's Tax Rate % compare to STZ and TAP?
Heineken Holding NV's Tax Rate % of 26.24% can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Beverages - Alcoholic company?
A good Tax Rate % depends on the Beverages - Alcoholic industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Heineken Holding NV's current Tax Rate % is 26.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heineken Holding NV stock overvalued right now?
Based on GuruFocus' analysis, Heineken Holding NV (FRA:4H5) is currently considered Fairly Valued. The stock's GF Value™ is €68.68, compared to a current price of €69.90 — trading 1.8% above its estimated fair value. The current Tax Rate % is 26.24%. Heineken Holding NV's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Heineken Holding NV (FRA:4H5), the current Tax Rate % is 26.24% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Heineken Holding NV (FRA:4H5) Overvalued in 2026?

Based on GuruFocus' analysis, Heineken Holding NV stock appears to be overvalued. The current stock price of €69.90 is trading 1.8% above its estimated GF Value™ of €68.68. GuruFocus considers Heineken Holding NV to be Fairly Valued.

Key valuation signals for FRA:4H5:

  • Tax Rate %: 26.24%
  • GF Value™: €68.68 vs. price of €69.90 (1.8% above fair value)
  • GF Score™: 82/100 with 6 warning signs

No single metric tells the full story. See the FRA:4H5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Heineken Holding NV Business Description

Address Tweede Weteringplantsoen 5, PO Box 28, Amsterdam, NH, NLD, 1017 ZD
Heineken Holding NV, through its subsidiary, is involved in the brewing and selling of beer and cider. It does not engage in operational activities and generates income almost exclusively by receiving Heineken dividends. The company has five reportable segments: Europe, Americas, Africa & Middle East, Asia Pacific and Heineken N.V. Head Office & Other/Eliminations. The majority of the revenue is generated from the Europe segment.
82GF Score

Get the complete analysis for FRA:4H5

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€69.90
Price
€68.68
GF Value