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KDP logoKeurig Dr Pepper Inc. (KDP) Earnings History

Annual and quarterly earnings data from 2004 to 2025

TTM Net Income
$1.83B
Profitable
TTM EPS
$1.34
Diluted
YoY EPS Growth
+45.7%
Excellent
Net Margin
12.5%
Profitability
Operating Margin22.0%
Gross Margin52.4%
ROE8.4%
ROA3.8%
Highest Annual Net Income$2.18B (2023)
Highest Quarterly EPS$2.82 (Q4 2017)
Consecutive Profitable Years17 years
Q1 2026
Net Income$270M
EPS$0.20
QoQ Growth-23.5%Declining

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KDP EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+45.7%
Excellent
3-Year
+14.8%
Strong
5-Year
+10.5%
Strong
10-Year
-9.1%
Slow

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

KDP Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202552.4%22.0%12.5%
202455.6%16.9%9.4%
202354.5%21.5%14.7%
202252.1%18.5%10.2%
202155.0%22.8%16.9%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Keurig Dr Pepper Inc. (KDP) Earnings Overview

As of May 6, 2026, Keurig Dr Pepper Inc. (KDP) reported trailing twelve-month net income of $1.83B, reflecting +45.7% year-over-year growth. The company earned $1.34 per diluted share over the past four quarters, with a net profit margin of 12.5%.

Looking at the long-term picture, KDP's 5-year EPS compound annual growth rate (CAGR) stands at +10.5%, showing solid earnings momentum. The company achieved its highest annual net income of $2.18B in fiscal 2023.

Keurig Dr Pepper Inc. maintains positive profitability with a gross margin of 52.4%, operating margin of 22.0%, and net margin of 12.5%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including PEP ($8.24B net income, 8.8% margin), KO ($13.70B net income, 27.3% margin), MNST ($1.91B net income, 23.0% margin), KDP has outperformed on profitability metrics. Compare KDP vs PEP →

KDP Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
KDP logoKDPCurrent
$1.8B$1.3412.5%8.4%+45.7%—
PEP logoPEP
$8.2B$6.018.8%42.6%-13.7%
KO logoKO
$13.7B$3.1827.3%43.2%+23.6%
MNST logoMNST
$1.9B$1.9323.0%26.8%+30.2%
CELH logoCELH
$108M$0.464.3%5.2%-44.4%
FIZZ logoFIZZ
$187M$1.9915.6%37.2%+5.3%
Best in group
Lowest in group

KDP Historical Earnings Data (2004–2025)

22 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$2.08B+44.3%$3.65B$1.5312.5%22.0%
2024$1.44B-33.9%$2.59B$1.059.4%16.9%
2023$2.18B+51.9%$3.19B$1.5514.7%21.5%
2022$1.44B-33.1%$2.60B$1.0110.2%18.5%
2021$2.15B+62.0%$2.89B$1.5016.9%22.8%
2020$1.32B+5.7%$2.48B$0.9311.4%21.3%
2019$1.25B+114.0%$2.38B$0.8811.3%21.4%
2018$586M-45.5%$1.24B$0.537.9%16.6%
2017$1.08B+27.0%$1.39B$5.8916.1%20.7%
2016$847M+10.9%$1.43B$4.5413.2%22.3%

Full KDP Stock Analysis

Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.

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Is KDP Undervalued?

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Compare KDP vs WMT

Side-by-side business, growth, and profitability comparison vs Walmart Inc..

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KDP — Frequently Asked Questions

Quick answers to the most common questions about buying KDP stock.

Is KDP growing earnings?

KDP EPS is $1.34, with earnings growth accelerating to +45.7%. This exceeds the 5-year CAGR of +10.5%. TTM net income reached $1.8B.

What are KDP's profit margins?

Keurig Dr Pepper Inc. net margin is +12.5%, with operating margin at +22.0%. Margins sit within typical range for the sector.

How consistent are KDP's earnings?

KDP earnings data spans 2004-2025. The accelerating earnings trend is +45.7% YoY. Historical data enables comparison across business cycles.

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KDP Earnings Over Time (2014–2025)

Net income and EPS trends