Private company

Ahold Delhaize

Logo: Ahold Delhaize N.V., Public domain, via Wikimedia Commons3

Dutch multinational retail and wholesaling company

Koninklijke Ahold Delhaize N.V. (lit. 'Royal Ahold Delhaize'), commonly known as Ahold Delhaize, is a Dutch multinational retail and wholesale holding company. Its name comes from the 2016 merger of two companies: Ahold (Dutch) and Delhaize Group (Belgian), which both have origins in the 1800s.2 From Wikipedia, CC BY-SA 4.0

Last updated Oct 16, 2026.

Overview

$163.0MRevenue, fiscal 20254
$48.8MNet income, fiscal 20254
Jul 25, 2016Founded1
  • Tickeron Amsterdam Stock Exchange1
  • Industryretail1
  • HeadquartersZaandam1
  • Websitewww.aholddelhaize.com
  • Legal formnaamloze vennootschap1
  • Listed onAmsterdam Stock Exchange (AD)1

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Albert Heijn Headquarters by Niels Kim
Photo: Niels Kim, CC BY-SA 3.0, via Wikimedia Commons6

Koninklijke Ahold Delhaize N.V. (lit. 'Royal Ahold Delhaize'), commonly known as Ahold Delhaize, is a Dutch multinational retail and wholesale holding company. Its name comes from the 2016 merger of two companies: Ahold (Dutch) and Delhaize Group (Belgian), which both have origins in the 1800s. Its business format includes supermarkets, convenience stores, hypermarkets, online grocery, online non-food, pharmacies, and liquor stores. Its 16 local brands employ 402,000 people at 7,716 stores across nine countries. The United States is where two-thirds of the holding company's revenue is generated.2

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-56.8%Operating margin4
29.9%Net margin4
-95.6%Revenue growth, 20254
1.9%Return on equity4
$173.6MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Product brought in 95% of the revenue Ahold Delhaize broke down this way in fiscal 2025.

  1. Product$154.7M495%up 51% from 2024
  2. Service$8.3M45%up 2472% from 2024
Products and services by year
Products and services202320242025
Product$100.4M$102.6M$154.7M
Service$87.0K$323.0K$8.3M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue29¢$79.5M
  • Selling, general and admin31¢$84.4M
  • Interest10¢$28.2M
  • Income tax11¢$31.1M
  • Profit18¢$48.8M

Out of $163.0M in revenue.4

Where each dollar of operating cash went, fiscal 2025

  • Capital spending14¢$27.2M
  • Share buybacks11¢$21.4M
  • Kept or used elsewhere76¢$152.3M

Out of $200.8M of cash from operations.4

Financial statements

Revenue78910114$163.0M in 2025−96% since 2018
0$2.0B$4.0B$6.0B2018: $3.9B$3.9B20182019: $3.9B$3.9B2019+1%2020: $4.0B$4.0B2020+0%2021: $4.0B$4.0B2021+2%2022: $4.1B$4.1B2022+1%2023: $3.8B$3.8B2023−7%2024: $3.7B$3.7B2024−4%2025: $163.0M$163.0M2025−96%
Operating income78910114-$92.5M in 2025
-$400.0M-$200.0M0$200.0M2018: $158.0M$158.0M20182019: $112.0M$112.0M2019−29%2020: $173.0M$173.0M2020+54%2021: $170.0M$170.0M2021−2%2022: $69.0M$69.0M2022−59%2023: -$112.2M-$112.2M20232024: -$260.3M-$260.3M2024+132%2025: -$92.5M-$92.5M2025−64%
Net income78910114$48.8M in 2025−67% since 2018
-$100.0M0$100.0M$200.0M$300.0M2018: $150.0M$150.0M20182019: $127.0M$127.0M2019−15%2020: $229.0M$229.0M2020+80%2021: $155.0M$155.0M2021−32%2022: $30.0M$30.0M2022−81%2023: $54.5M$54.5M2023+82%2024: -$39.4M-$39.4M20242025: $48.8M$48.8M2025

Every line of the income statement in the latest annual report, as filed.4

Period ending2025-12-312024-12-312023-12-31
Total operating revenues$163.0M$102.9M$100.5M
Cost of goods and services sold$79.5M$73.0M$67.9M
Selling, general and administrative$84.4M$102.6M$101.4M
Depreciation, amortization and accretion$48.3M$47.2M$50.0M
Loss on impairment of licenses$47.7M$136.2M$0
(Gain) loss on asset disposals, net$1.7M$809.0K-$4.4M
(Gain) loss on license sales and exchanges, net-$6.1M$3.5M-$2.2M
Total operating expenses$255.5M$363.3M$212.7M
Operating income (loss)-$92.5M-$260.3M-$112.2M
Equity in earnings of unconsolidated entities$173.8M$161.4M$158.3M
Interest and dividend income$18.9M$11.7M$9.8M
Interest expense-$28.2M-$12.4M-$14.6M
Short-term imputed spectrum lease income$69.0M$0$0
Other, net$169.0K$0-$7.0K
Total other income$233.7M$160.6M$153.5M
Income (loss) before income taxes$141.1M-$99.7M$41.2M
Income tax expense (benefit)-$31.1M-$19.3M$32.9M
Net income (loss) from continuing operations$172.3M-$80.5M$8.4M
Less: Net income from continuing operations attributable to noncontrolling interests, net of tax$2.6M$5.4M$1.3M
Net income (loss) from continuing operations attributable to Array shareholders$169.7M-$85.9M$7.1M
Net income (loss) from discontinued operations-$103.1M$48.9M$49.5M
Less: Net income from discontinued operations attributable to noncontrolling interests, net of tax$17.8M$2.4M$2.2M
Net income (loss) from discontinued operations attributable to Array shareholders-$120.9M$46.5M$47.4M
Net income (loss)$69.2M-$31.6M$57.9M
Less: Net income attributable to noncontrolling interests, net of tax$20.4M$7.8M$3.5M
Net income (loss) attributable to Array shareholders$48.8M-$39.4M$54.5M
Basic weighted average shares outstanding (in shares)85.9M shares85.6M shares85.2M shares
Basic earnings (loss) per share from continuing operations attributable to Array shareholders$2-$1$0
Basic earnings (loss) per share from discontinued operations attributable to Array shareholders-$1$1$1
Basic earnings (loss) per share attributable to Array shareholders$0.57-$0.46$0.64
Diluted weighted average shares outstanding (in shares)87.3M shares85.6M shares86.7M shares
Diluted earnings (loss) per share from continuing operations attributable to Array shareholders$2-$1$0
Diluted earnings (loss) per share from discontinued operations attributable to Array shareholders-$1$1$1
Diluted earnings (loss) per share attributable to Array shareholders$0.56-$0.46$0.63

Compare Ahold Delhaize with another company

The story

Founded by Ahold and Delhaize Le Lion on Jul 25, 2016.1

Ahold Delhaize was formed in July 2016 from the merger of Ahold and Delhaize Group. Delhaize Group dates back to 1867, when the Delhaize brothers opened a shop in Charleroi, Belgium. Ahold, originally named Albert Heijn N.V., started in 1887 when Albert Heijn bought the general store of his father in the Dutch town of Oostzaan, bordering the cities of Zaandam (Ahold Delhaize's current HQ) to the west and Amsterdam to the south. He gave the store his name and transformed it into a modern specialized grocery together with his wife, Neeltje Heijn. After a few years, he owned a chain of Dutch stores.

In 2018, the company experienced significant growth in the United States (Food Lion), the Netherlands, and online. Growth in Belgium has been minimal.

With around 380,000 employees in almost 7,000 stores, the company achieved a turnover of €66 billion in 2019.

From 2019 to 2022, the company funded a research project at Delft University of Technology exploring the use of robotics and artificial intelligence in retail, including the potential ability to stock groceries on shelves.

Beginning in June 2020, Ahold Delhaize implemented a partnership with Instacart to provide home delivery from more than 750 stores operated under the Hannaford, Food Lion, Giant Food, and Stop & Shop brands. The company further expanded in the United States with the acquisition of a majority stake in FreshDirect, an online grocer. As of 2021, Ahold Delhaize has plans to establish Ship2Me, an online marketplace featuring food and merchandise items, in the second half of the year.

In November 2023, Ahold Delhaize sold FreshDirect to Turkish company Getir. Part of the reason for the sale was so that Ahold Delhaize, specifically Ahold Delhaize USA, could focus more on the "omnichannel experience" and to strengthen its presence in supermarkets and online.

As of 2023, Ahold Delhaize announced the acquisition of Romanian retailer Profi for approximately €1.3 billion from Mid Europa Partners.

In 2025, Ahold Delhaize disclosed that it had been the target of a 2024 cyberattack, which resulted in the exfiltration of personal data for upwards of 2.2 million current and former employees (as well as their dependents and beneficiaries).

Read the full text

In June 2026, Claire Peters was appointed as the new CEO of Ahold Delhaize USA replacing Jerry W Fleeman.

From Wikipedia’s article on Ahold Delhaize, shared under CC BY-SA 4.0.5

Leadership

Who has led Ahold Delhaize, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Frans Muller2018–now
20202025

Subsidiaries and ownership

Owners

  • Stichting Administratiekantoor Preferente Financieringsaandelen Ahold 15.9%
  • DeltaFort Beleggingen I 10.8%
  • BlackRock 5%
  • NN Group 4.9%

Subsidiaries

  • Ahold Tsjechië
  • Albert Heijn
  • Albert Česká republika
  • Alfa-Beta Vassilopoulos
  • Delhaize
  • Delhaize Le Lion
  • Etos
  • Food Lion
  • Gall & Gall
  • Giant Food
  • Giant Food Stores
  • Hannaford Bros. Co.
  • Maxi
  • Mega Image
  • Peapod
  • Stop & Shop
  • bol
  • Profi since 2023

From Wikidata.1

Acquisitions

  1. 2023Acquired Profi1
  2. 1998Acquired Giant Food1
  3. 1989Acquired Gall & Gall1
  4. Succeeded Delhaize Le Lion1

Employees over time

  • 2018372,0001

Timeline

  1. Jul 2018New chief executive Frans Muller becomes CEO1
  2. Jul 25, 2016Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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