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Keurig Dr Pepper Inc.(KDP)Earnings, Financials & Key Ratios
KDP•NASDAQ
$28.56
$38.8B mkt cap·18.7× P/E·Price updated May 6, 2026
SectorConsumer DefensiveIndustryNon-Alcoholic BeveragesSub-IndustryAt-Home Beverage Systems and Concentrates
AboutKeurig Dr Pepper Inc. operates as a beverage company in the United States and internationally. It operates through Coffee Systems, Packaged Beverages, Beverage Concentrates, and Latin America Beverages segments. The Coffee Systems segment manufactures and distributes various finished goods related to its coffee systems, K-Cup pods, and brewers, as well as specialty coffee. This segment sells its brewers through third-party distributors and retail partners, as well as through its website at keurig.com. The Packaged Beverages segment engages in the manufacture and distribution of packaged beverages of its brands; contract manufacturing of various private label and emerging brand beverages; and distribution of packaged beverages for its partner brands. The Beverage Concentrates segment manufactures and sells beverage concentrates primarily under the Dr Pepper, Canada Dry, A&W, 7UP, Sunkist, Squirt, Big Red, RC Cola, Vernors, Snapple, Mott's, Bai, Hawaiian Punch, Clamato, Yoo-Hoo, Core, ReaLemon, evian, Vita Coco, and Mr and Mrs T mixers brands. This segment also manufactures beverage concentrates into syrup. The Latin America Beverages segment manufactures and distributes carbonated mineral water, flavored carbonated soft drinks, bottled water, and vegetable juice products under the Peñafiel, Clamato, Squirt, Dr Pepper, Crush, and Aguafiel brands. The company serves retailers, bottlers and distributors, restaurants, hotel chains, office coffee distributors, and end-use consumers. Keurig Dr Pepper Inc. was founded in 1981 and is headquartered in Burlington, Massachusetts.Show more
- Revenue$16.6B+8.2%
- EBITDA$4.4B+32.4%
- Net Income$2.08B+44.3%
- EPS (Diluted)1.53+45.7%
- Gross Margin52.41%-5.7%
- EBITDA Margin26.51%+22.4%
- Operating Margin21.97%+30.2%
- Net Margin12.52%+33.4%
- ROE8.36%+44.7%
- ROIC6.7%+40.1%
- Debt/Equity0.63-11.2%
- Interest Coverage4.56+17.8%
KDP Key Insights
Keurig Dr Pepper Inc. (KDP) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 7/9
- ✓Healthy dividend yield of 3.2%
- ✓Healthy 5Y average net margin of 12.8%
✗Weaknesses
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
KDP Price & Volume
Keurig Dr Pepper Inc. (KDP) stock price & volume — 10-year historical chart
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KDP Growth Metrics
Keurig Dr Pepper Inc. (KDP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years10.21%
5 Years7.4%
3 Years5.71%
TTM9.19%
Profit CAGR
10 Years10.53%
5 Years9.43%
3 Years13.13%
TTM21.81%
EPS CAGR
10 Years-9.09%
5 Years10.47%
3 Years14.85%
TTM22.73%
Return on Capital
10 Years8.35%
5 Years6.74%
3 Years7.03%
Last Year7.89%
KDP Recent Earnings
Keurig Dr Pepper Inc. (KDP) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Apr 23, 2026EPS
$0.39
Est $0.37
+4.7%
Revenue
$4.0B
Est $3.8B
+3.7%
Q1 2026
Feb 24, 2026EPS
$0.60
Est $0.59
+1.9%
Revenue
$4.5B
Est $4.4B
+3.2%
Q4 2025
Oct 27, 2025EPS
$0.54
Est $0.54
+0.6%
Revenue
$4.3B
Est $4.2B
+3.7%
Q3 2025
Jul 24, 2025EPS
$0.49
Est $0.49
+1.0%
Revenue
$4.2B
Est $4.1B
+0.6%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 23, 2026 | $0.39vs $0.37+4.7% | $4.0Bvs $3.8B+3.7% |
| Q1 2026 | Feb 24, 2026 | $0.60vs $0.59+1.9% | $4.5Bvs $4.4B+3.2% |
| Q4 2025 | Oct 27, 2025 | $0.54vs $0.54+0.6% | $4.3Bvs $4.2B+3.7% |
| Q3 2025 | Jul 24, 2025 | $0.49vs $0.49+1.0% | $4.2Bvs $4.1B+0.6% |
Based on last 12 quarters of dataView full earnings history →
KDP Peer Comparison
Keurig Dr Pepper Inc. (KDP) competitors in At-Home Beverage Systems and Concentrates — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 PEP | 213.14B | 155.96 | 25.99 | 2.25% | 8.77% | 40.1% | 2.43 | |
 KO | 340.74B | 79.17 | 26.04 | 1.87% | 27.8% | 41.06% | 1.33 | |
 MNST | 75.51B | 77.20 | 39.79 | 10.7% | 22.97% | 23.08% | ||
 CELH | 8.43B | 32.80 | 131.20 | 85.54% | 4.29% | 4.66% | 0.23 | |
 FIZZ | 3.27B | 34.96 | 17.57 | 0.81% | 15.55% | 39.28% | 0.16 | |
 SBUX | 121.31B | 106.44 | 65.30 | 2.79% | 3.63% | |||
 FARM | 27.8M | 1.28 | -1.88 | 0.35% | -5.51% | -52.2% | 1.23 | |
 COKE | 17.62B | 210.52 | 30.91 | 4.76% | 7.72% | 122.9% |
Compare KDP vs Peers
Keurig Dr Pepper Inc. (KDP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
KDP Income Statement
Keurig Dr Pepper Inc. (KDP) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 6.69B | 7.44B | 11.12B | 11.62B | 12.68B | 14.06B | 14.81B | 15.35B | 16.6B | 16.94B |
| Revenue Growth % | 3.88% | 11.24% | 49.42% | 4.48% | 9.17% | 10.83% | 5.39% | 3.62% | 8.16% | 9.19% |
| Cost of Goods Sold | 2.69B | 3.56B | 4.78B | 5.13B | 5.71B | 6.73B | 6.73B | 6.82B | 7.9B | 7.83B |
| COGS % of Revenue | 40.28% | 47.84% | 42.97% | 44.17% | 44.99% | 47.91% | 45.46% | 44.44% | 47.59% | - |
| Gross Profit | 4B▲ 0% | 3.88B▼ 2.8% | 6.34B▲ 63.4% | 6.49B▲ 2.3% | 6.98B▲ 7.6% | 7.32B▲ 5.0% | 8.08B▲ 10.3% | 8.53B▲ 5.6% | 8.7B▲ 2.0% | 9.11B▲ 0% |
| Gross Margin % | 59.72% | 52.16% | 57.03% | 55.83% | 55.01% | 52.09% | 54.54% | 55.56% | 52.41% | 53.78% |
| Gross Profit Growth % | 3.55% | -2.83% | 63.37% | 2.27% | 7.57% | 4.96% | 10.34% | 5.56% | 2.02% | - |
| Operating Expenses | 2.61B | 2.65B | 3.96B | 4.01B | 4.08B | 4.72B | 4.89B | 5.94B | 5.05B | 5.5B |
| OpEx % of Revenue | 38.97% | 35.54% | 35.65% | 34.48% | 32.19% | 33.56% | 33% | 38.68% | 30.43% | - |
| Selling, General & Admin | 2.56B | 2.63B | 3.96B | 3.98B | 4.15B | 4.64B | 4.91B | 5.01B | 5.05B | 5.46B |
| SG&A % of Revenue | 38.21% | 35.41% | 35.63% | 34.24% | 32.74% | 33.04% | 33.16% | 32.66% | 30.43% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 51M | 10M | 2M | 28M | -70M | 73M | -24M | 925M | 0 | 2M |
| Operating Income | 1.39B▲ 0% | 1.24B▼ 10.9% | 2.38B▲ 92.2% | 2.48B▲ 4.3% | 2.89B▲ 16.7% | 2.6B▼ 10.0% | 3.19B▲ 22.5% | 2.59B▼ 18.8% | 3.65B▲ 40.8% | 3.61B▲ 0% |
| Operating Margin % | 20.75% | 16.62% | 21.38% | 21.35% | 22.82% | 18.53% | 21.55% | 16.88% | 21.97% | 21.3% |
| Operating Income Growth % | -3.14% | -10.88% | 92.24% | 4.29% | 16.69% | -9.99% | 22.53% | -18.83% | 40.8% | - |
| EBITDA | 1.62B | 1.67B | 3.04B | 3.13B | 3.6B | 3.31B | 3.91B | 3.32B | 4.4B | 3.92B |
| EBITDA Margin % | 24.17% | 22.45% | 27.3% | 26.97% | 28.4% | 23.58% | 26.41% | 21.65% | 26.51% | 23.14% |
| EBITDA Growth % | -2.41% | 3.34% | 81.69% | 3.19% | 14.97% | -8% | 18.04% | -15.03% | 32.4% | 16.94% |
| D&A (Non-Cash Add-back) | 229M | 434M | 658M | 653M | 708M | 709M | 720M | 733M | 753M | 430M |
| EBIT | 1.34B | 1.24B | 2.35B | 2.36B | 3.3B | 2.41B | 3.25B | 2.65B | 3.44B | 3.27B |
| Net Interest Income | -165M | -446M | -647M | -597M | -525M | -468M | -596M | -684M | -754M | -889M |
| Interest Income | 3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 168M | 446M | 647M | 597M | 525M | 468M | 596M | 684M | 754M | 889M |
| Other Income/Expense | -217M | -446M | -684M | -727M | -96M | -886M | -435M | -677M | -961M | -1.23B |
| Pretax Income | 1.17B▲ 0% | 791M▼ 32.5% | 1.69B▲ 114.2% | 1.75B▲ 3.5% | 2.8B▲ 59.6% | 1.72B▼ 38.6% | 2.76B▲ 60.4% | 1.91B▼ 30.6% | 2.69B▲ 40.4% | 2.38B▲ 0% |
| Pretax Margin % | 17.5% | 10.63% | 15.23% | 15.09% | 22.06% | 12.23% | 18.61% | 12.47% | 16.18% | 14.07% |
| Income Tax | 95M | 202M | 440M | 428M | 653M | 284M | 576M | 473M | 608M | 552M |
| Effective Tax Rate % | 8.11% | 25.54% | 25.97% | 24.42% | 23.34% | 16.52% | 20.89% | 24.71% | 22.63% | 23.15% |
| Net Income | 1.08B▲ 0% | 586M▼ 45.5% | 1.25B▲ 114.0% | 1.32B▲ 5.7% | 2.15B▲ 62.0% | 1.44B▼ 33.1% | 2.18B▲ 51.9% | 1.44B▼ 33.9% | 2.08B▲ 44.3% | 1.83B▲ 0% |
| Net Margin % | 16.08% | 7.87% | 11.28% | 11.4% | 16.92% | 10.22% | 14.72% | 9.39% | 12.52% | 10.81% |
| Net Income Growth % | 27.04% | -45.54% | 113.99% | 5.66% | 61.96% | -33.08% | 51.88% | -33.93% | 44.27% | 21.81% |
| Net Income (Continuing) | 1.08B | 589M | 1.25B | 1.32B | 2.15B | 1.44B | 2.18B | 1.44B | 2.08B | 1.83B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 1M | 0 | -1M | 0 | 0 | 0 | 3.92B |
| EPS (Diluted) | 5.89▲ 0% | 0.53▼ 91.0% | 0.88▲ 66.0% | 0.93▲ 5.7% | 1.50▲ 61.3% | 1.01▼ 32.7% | 1.55▲ 53.5% | 1.05▼ 32.3% | 1.53▲ 45.7% | 1.34▲ 0% |
| EPS Growth % | 29.74% | -91% | 66.04% | 5.68% | 61.29% | -32.67% | 53.47% | -32.26% | 45.71% | 22.73% |
| EPS (Basic) | 5.91 | 0.54 | 0.89 | 0.94 | 1.52 | 1.01 | 1.56 | 1.06 | 1.53 | - |
| Diluted Shares Outstanding | 182.8M | 1.1B | 1.42B | 1.42B | 1.43B | 1.43B | 1.41B | 1.37B | 1.36B | 1.36B |
| Basic Shares Outstanding | 182M | 1.09B | 1.41B | 1.41B | 1.42B | 1.42B | 1.4B | 1.36B | 1.36B | 1.36B |
| Dividend Payout Ratio | 38.48% | 39.59% | 67.3% | 63.85% | 44.5% | 75.21% | 52.36% | 82.86% | 60.13% | - |
KDP Balance Sheet
Keurig Dr Pepper Inc. (KDP) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.12B | 2.16B | 2.27B | 2.39B | 3.06B | 3.8B | 3.38B | 4B | 5.27B | 23.13B |
| Cash & Short-Term Investments | 61M | 83M | 75M | 240M | 567M | 535M | 267M | 510M | 1.03B | 898M |
| Cash Only | 61M | 83M | 75M | 240M | 567M | 535M | 267M | 510M | 1.03B | 898M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 710M | 1.22B | 1.18B | 1.14B | 1.27B | 1.67B | 1.52B | 1.72B | 1.67B | 1.54B |
| Days Sales Outstanding | 38.74 | 59.98 | 38.86 | 35.94 | 36.66 | 43.31 | 37.43 | 40.97 | 36.74 | 35.89 |
| Inventory | 229M | 626M | 654M | 762M | 894M | 1.31B | 1.14B | 1.3B | 1.73B | 1.83B |
| Days Inventory Outstanding | 31.01 | 64.18 | 49.96 | 54.2 | 57.19 | 71.22 | 61.9 | 69.5 | 80.05 | 83.22 |
| Other Current Assets | 110M | 198M | 343M | 227M | 305M | 219M | 231M | 403M | 836M | 18.87B |
| Total Non-Current Assets | 8.9B | 46.76B | 47.24B | 47.39B | 47.54B | 48.03B | 48.76B | 49.43B | 50.19B | 50.01B |
| Property, Plant & Equipment | 1.2B | 2.31B | 2.52B | 2.86B | 3.17B | 3.37B | 3.58B | 3.84B | 3.23B | 3.25B |
| Fixed Asset Turnover | 5.58x | 3.22x | 4.40x | 4.07x | 4.00x | 4.17x | 4.14x | 3.99x | 5.14x | 4.78x |
| Goodwill | 3.56B | 20.01B | 20.17B | 20.18B | 20.18B | 20.07B | 20.2B | 20.05B | 20.25B | 20.21B |
| Intangible Assets | 3.78B | 23.97B | 24.12B | 23.97B | 23.86B | 23.18B | 23.29B | 23.63B | 23.73B | 23.65B |
| Long-Term Investments | 73M | 231M | 192M | 130M | 89M | 1.05B | 1.46B | 1.63B | 1.66B | 6.62B |
| Other Non-Current Assets | 230M | 214M | 210M | 207M | 205M | 322M | 204M | 231M | 1.29B | 3.04B |
| Total Assets | 10.02B▲ 0% | 48.92B▲ 388.1% | 49.52B▲ 1.2% | 49.78B▲ 0.5% | 50.6B▲ 1.6% | 51.84B▲ 2.4% | 52.13B▲ 0.6% | 53.43B▲ 2.5% | 55.46B▲ 3.8% | 73.14B▲ 0% |
| Asset Turnover | 0.67x | 0.15x | 0.22x | 0.23x | 0.25x | 0.27x | 0.28x | 0.29x | 0.30x | 0.29x |
| Asset Growth % | 2.36% | 388.11% | 1.23% | 0.53% | 1.65% | 2.45% | 0.57% | 2.49% | 3.8% | 47.45% |
| Total Current Liabilities | 1.24B | 5.7B | 6.47B | 7.69B | 6.49B | 8.08B | 8.92B | 8.09B | 8.29B | 10.03B |
| Accounts Payable | 365M | 2.3B | 3.18B | 3.74B | 4.32B | 5.21B | 3.6B | 2.98B | 3B | 2.84B |
| Days Payables Outstanding | 49.43 | 235.81 | 242.62 | 266 | 276.08 | 282.18 | 194.97 | 159.71 | 138.39 | 139.17 |
| Short-Term Debt | 66M | 1.46B | 1.59B | 2.35B | 304M | 895M | 3.25B | 2.64B | 3.1B | 4.82B |
| Deferred Revenue (Current) | 64M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 596M | 362M | 270M | 299M | 309M | 421M | 424M | 495M | 2.19B | 2.37B |
| Current Ratio | 0.90x | 0.38x | 0.35x | 0.31x | 0.47x | 0.47x | 0.38x | 0.49x | 0.64x | 0.64x |
| Quick Ratio | 0.72x | 0.27x | 0.25x | 0.21x | 0.33x | 0.31x | 0.25x | 0.33x | 0.43x | 0.43x |
| Cash Conversion Cycle | 20.32 | -111.65 | -153.8 | -175.86 | -182.23 | -167.65 | -95.64 | -49.24 | -21.6 | -20.05 |
| Total Non-Current Liabilities | 6.33B | 20.68B | 19.79B | 18.25B | 19.14B | 18.64B | 17.54B | 21.1B | 21.65B | 29.52B |
| Long-Term Debt | 4.23B | 14.2B | 12.83B | 11.14B | 11.58B | 11.07B | 9.95B | 12.91B | 13.04B | 20.89B |
| Capital Lease Obligations | 170M | 305M | 696M | 878M | 1.23B | 1.42B | 1.41B | 1.47B | 0 | 2.88B |
| Deferred Tax Liabilities | 614M | 5.92B | 6.03B | 5.99B | 5.99B | 5.74B | 5.76B | 5.43B | 5.53B | 21.91B |
| Other Non-Current Liabilities | 264M | 254M | 234M | 241M | 348M | 404M | 420M | 1.29B | 3.09B | 8.91B |
| Total Liabilities | 7.57B | 26.39B | 26.26B | 25.95B | 25.63B | 26.71B | 26.45B | 29.19B | 29.94B | 43.96B |
| Total Debt | 4.48B | 15.99B | 15.23B | 14.48B | 13.27B | 13.58B | 14.82B | 17.27B | 16.14B | 25.71B |
| Net Debt | 4.42B | 15.91B | 15.15B | 14.24B | 12.7B | 13.05B | 14.56B | 16.76B | 15.12B | 24.81B |
| Debt / Equity | 1.83x | 0.71x | 0.65x | 0.61x | 0.53x | 0.54x | 0.58x | 0.71x | 0.63x | 0.63x |
| Debt / EBITDA | 2.77x | 9.57x | 5.02x | 4.62x | 3.68x | 4.10x | 3.79x | 5.20x | 3.67x | 6.56x |
| Net Debt / EBITDA | 2.73x | 9.52x | 4.99x | 4.55x | 3.53x | 3.94x | 3.72x | 5.04x | 3.43x | 3.43x |
| Interest Coverage | 7.96x | 2.79x | 3.63x | 3.95x | 6.28x | 5.15x | 5.46x | 3.87x | 4.56x | 3.68x |
| Total Equity | 2.45B▲ 0% | 22.53B▲ 819.3% | 23.26B▲ 3.2% | 23.83B▲ 2.5% | 24.97B▲ 4.8% | 25.13B▲ 0.6% | 25.68B▲ 2.2% | 24.24B▼ 5.6% | 25.52B▲ 5.3% | 29.18B▲ 0% |
| Equity Growth % | 14.85% | 819.34% | 3.21% | 2.46% | 4.79% | 0.61% | 2.19% | -5.58% | 5.25% | 27.12% |
| Book Value per Share | 13.41 | 20.53 | 16.39 | 16.76 | 17.49 | 17.59 | 18.23 | 17.72 | 18.72 | 21.40 |
| Total Shareholders' Equity | 2.45B | 22.53B | 23.26B | 23.83B | 24.97B | 25.13B | 25.68B | 24.24B | 25.52B | 25.26B |
| Common Stock | 2M | 14M | 14M | 14M | 14M | 14M | 14M | 14M | 14M | 14M |
| Retained Earnings | 2.65B | 1.18B | 1.58B | 2.06B | 3.2B | 3.54B | 4.56B | 4.79B | 5.62B | 5.58B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -202M | -130M | 104M | 77M | -26M | 129M | 315M | -276M | 102M | -116M |
| Minority Interest | 0 | 0 | 0 | 1M | 0 | -1M | 0 | 0 | 0 | 3.92B |
KDP Cash Flow Statement
Keurig Dr Pepper Inc. (KDP) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 1.04B | 1.61B | 2.47B | 2.46B | 2.87B | 2.84B | 1.33B | 2.22B | 1.99B | 1.99B |
| Operating CF Margin % | 15.52% | 21.67% | 22.25% | 21.14% | 22.66% | 20.18% | 8.97% | 14.46% | 11.99% | - |
| Operating CF Growth % | 10.54% | 55.4% | 53.38% | -0.73% | 17.02% | -1.29% | -53.15% | 66.97% | -10.27% | -14.33% |
| Net Income | 1.08B | 589M | 1.25B | 1.32B | 2.15B | 1.44B | 2.18B | 1.44B | 2.08B | 1.83B |
| Depreciation & Amortization | 229M | 462M | 698M | 653M | 708M | 709M | 720M | 733M | 753M | 581M |
| Stock-Based Compensation | 36M | 35M | 64M | 85M | 88M | 52M | 116M | 98M | 97M | 105M |
| Deferred Taxes | -201M | -81M | -23M | -51M | 31M | -289M | -4M | -254M | 45M | 55M |
| Other Non-Cash Items | -57M | 151M | 115M | 278M | -450M | 1.2B | 63M | 792M | 20M | 360M |
| Working Capital Changes | -45M | 457M | 366M | 166M | 351M | -275M | -1.75B | -591M | -1B | -870M |
| Change in Receivables | -47M | 82M | -7M | -5M | -152M | -398M | 70M | -209M | -202M | -248M |
| Change in Inventory | -3M | 185M | -24M | -107M | -133M | -426M | 182M | -92M | -405M | -267M |
| Change in Payables | 24M | 119M | 361M | 369M | 522M | 213M | -1.62B | -196M | -212M | -168M |
| Cash from Investing | -1.76B | -19.13B | -150M | -316M | 210M | -1.14B | -784M | -1.61B | -573M | 3.33B |
| Capital Expenditures | -208M | -180M | -365M | -517M | -455M | -379M | -481M | -563M | -486M | -482M |
| CapEx % of Revenue | 3.11% | 2.42% | 3.28% | 4.45% | 3.59% | 2.7% | 3.25% | 3.67% | 2.93% | - |
| Acquisitions | -1.55B | -18.98B | -24M | -5M | 578M | -912M | -316M | -1B | -149M | -149M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -3M | 33M | 239M | 206M | 87M | 1.07B | 13M | -51M | 62M | 3.96B |
| Cash from Financing | -907M | 17.58B | -2.36B | -1.99B | -2.76B | -1.73B | -832M | -223M | -999M | 12.7B |
| Debt Issued (Net) | -84M | 8.32B | -1.52B | -1.17B | -1.77B | -205M | 1.08B | 2.25B | 575M | 14.36B |
| Equity Issued (Net) | -379M | 9B | 0 | 29M | 140M | -394M | -706M | -1.11B | -9M | -9M |
| Dividends Paid | -414M | -232M | -844M | -846M | -955M | -1.08B | -1.14B | -1.19B | -1.25B | -938M |
| Share Repurchases | -399M | 0 | 0 | 0 | 0 | -379M | -706M | -1.11B | -9M | -9M |
| Other Financing | -30M | 493M | 5M | 0 | -172M | -49M | -68M | -164M | -315M | -717M |
| Net Change in Cash | -1.63B▲ 0% | 44M▲ 102.7% | -28M▼ 163.6% | 144M▲ 614.3% | 313M▲ 117.4% | -33M▼ 110.5% | -268M▼ 712.1% | 341M▲ 227.2% | 454M▲ 33.1% | 17.96B▲ 0% |
| Free Cash Flow | 830M▲ 0% | 1.43B▲ 72.7% | 2.11B▲ 47.2% | 1.94B▼ 8.1% | 2.42B▲ 24.8% | 2.46B▲ 1.6% | 848M▼ 65.5% | 1.66B▲ 95.3% | 1.5B▼ 9.1% | 1.58B▲ 0% |
| FCF Margin % | 12.41% | 19.26% | 18.97% | 16.69% | 19.07% | 17.49% | 5.72% | 10.79% | 9.06% | 9.33% |
| FCF Growth % | 9.64% | 72.65% | 47.17% | -8.06% | 24.75% | 1.61% | -65.5% | 95.28% | -9.12% | -11.68% |
| FCF per Share | 4.54 | 1.31 | 1.49 | 1.36 | 1.69 | 1.72 | 0.60 | 1.21 | 1.10 | 1.10 |
| FCF Conversion (FCF/Net Income) | 0.96x | 2.75x | 1.97x | 1.85x | 1.34x | 1.98x | 0.61x | 1.54x | 0.96x | 0.86x |
| Interest Paid | 143M | 231M | 521M | 515M | 477M | 363M | 443M | 494M | 0 | -93M |
| Taxes Paid | 291M | 210M | 433M | 582M | 506M | 686M | 507M | 331M | 0 | -60M |
KDP Key Ratios
Keurig Dr Pepper Inc. (KDP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 46.94% | 4.69% | 5.48% | 5.63% | 8.79% | 5.73% | 8.59% | 5.77% | 8.36% | 6.98% |
| Return on Invested Capital (ROIC) | 17.8% | 4.1% | 4.64% | 4.86% | 5.73% | 5.15% | 6.11% | 4.78% | 6.7% | 6.7% |
| Gross Margin | 59.72% | 52.16% | 57.03% | 55.83% | 55.01% | 52.09% | 54.54% | 55.56% | 52.41% | 53.78% |
| Net Margin | 16.08% | 7.87% | 11.28% | 11.4% | 16.92% | 10.22% | 14.72% | 9.39% | 12.52% | 10.81% |
| Debt / Equity | 1.83x | 0.71x | 0.65x | 0.61x | 0.53x | 0.54x | 0.58x | 0.71x | 0.63x | 0.63x |
| Interest Coverage | 7.96x | 2.79x | 3.63x | 3.95x | 6.28x | 5.15x | 5.46x | 3.87x | 4.56x | 3.68x |
| FCF Conversion | 0.96x | 2.75x | 1.97x | 1.85x | 1.34x | 1.98x | 0.61x | 1.54x | 0.96x | 0.86x |
| Revenue Growth | 3.88% | 11.24% | 49.42% | 4.48% | 9.17% | 10.83% | 5.39% | 3.62% | 8.16% | 9.19% |
KDP SEC Filings & Documents
Keurig Dr Pepper Inc. (KDP) SEC filings — annual & quarterly reports (10-K, 10-Q)
KDP Frequently Asked Questions
Keurig Dr Pepper Inc. (KDP) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Keurig Dr Pepper Inc. (KDP) reported $16.94B in revenue for fiscal year 2025. This represents a 453% increase from $3.06B in 2004.
Keurig Dr Pepper Inc. (KDP) grew revenue by 8.2% over the past year. This is steady growth.
Yes, Keurig Dr Pepper Inc. (KDP) is profitable, generating $1.83B in net income for fiscal year 2025 (12.5% net margin).
Dividend & Returns
Yes, Keurig Dr Pepper Inc. (KDP) pays a dividend with a yield of 3.21%. This makes it attractive for income-focused investors.
Keurig Dr Pepper Inc. (KDP) has a return on equity (ROE) of 8.4%. This is below average, suggesting room for improvement.
Keurig Dr Pepper Inc. (KDP) generated $1.58B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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