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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Keurig Dr Pepper Inc. (KDP) Quarterly Financial Ratios

Last 48 quarters of trend data · Consumer Defensive · Beverages - Non-Alcoholic

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Keurig Dr Pepper Inc.'s quarterly P/E stands at 26.9x. EV/EBITDA has compressed 78.4% YoY to 13.3x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →19.7926.9313.0220.6622.51—20.8221.9723.2317.0021.3321.7226.73
——-37.5%-6.0%-3.1%—-2.4%+1.2%-13.1%-39.0%-69.0%-63.2%+15.7%
P/S Ratio2.482.122.022.713.212.703.282.903.073.022.922.913.73
—-21.4%-38.5%-6.6%+4.5%-10.6%+12.4%-0.3%-17.7%-9.8%-17.3%-18.3%-15.3%
P/B Ratio1.621.501.371.801.911.812.041.841.731.821.751.741.99
—-17.5%-32.8%-2.0%+10.4%-0.3%+16.8%+5.5%-13.3%-10.2%-14.1%-12.4%-6.2%
P/FCF27.3416.8616.4934.87130.9416.3025.3721.69—82.2024.2337.98—
—+3.4%-35.0%+60.8%—-80.2%+4.7%-42.9%—+312.8%+28.2%+80.0%—
EV / EBITDA12.7813.3410.7814.3516.4961.7015.5614.4115.6913.6113.6315.3520.66
—-78.4%-30.7%-0.4%+5.1%+353.3%+14.2%-6.1%-24.1%-27.5%-51.3%-27.3%+42.3%
EV / EBIT15.4219.1712.4517.3019.68163.2118.4517.5319.0115.9016.2318.4626.34
—-88.3%-32.5%-1.3%+3.5%+926.4%+13.7%-5.0%-27.9%-32.3%-60.0%-54.6%+50.6%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Keurig Dr Pepper Inc.'s operating margin was 21.3% in Q4 2025, down 1.8 pp QoQ and up 19.8 pp YoY. Gross margin contracted 3.9% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin52.4%53.8%54.3%54.2%54.6%55.9%55.0%55.4%55.9%56.5%55.5%53.9%52.0%
—-3.9%-1.2%-2.2%-2.4%-0.9%-0.9%+2.8%+7.5%+7.6%+5.7%+7.8%-3.0%
Operating Margin22.0%21.3%23.1%21.6%22.0%1.5%23.2%22.0%22.1%24.4%23.5%20.3%17.4%
—+1278.5%-0.3%-1.7%-0.1%-93.7%-1.6%+8.2%+26.6%+37.8%+116.5%+26.1%-44.5%
Net Margin12.5%7.8%15.4%13.1%14.2%-3.5%15.8%13.1%13.1%17.9%13.6%13.3%13.9%
—+321.8%-2.9%+0.1%+8.6%-119.7%+16.3%-1.1%-6.0%+50.4%+173.9%+116.4%-26.7%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE8.4%1.4%2.6%2.2%2.1%-0.6%2.5%2.1%1.8%2.7%2.0%2.0%1.9%
—+337.3%+6.1%+6.1%+17.7%-121.6%+21.2%+4.5%-3.0%+50.5%+187.0%+133.2%-19.8%
ROA3.8%0.6%1.2%1.0%1.0%-0.3%1.2%1.0%0.9%1.3%1.0%1.0%0.9%
—+336.4%+3.6%+2.8%+11.0%-120.3%+17.2%+1.2%-3.6%+52.1%+185.8%+128.9%-21.4%
ROIC6.7%1.7%1.8%1.6%1.5%0.1%1.7%1.6%1.4%1.8%1.7%1.5%1.1%
—+1404.9%+6.7%+1.8%+2.9%-93.5%-3.1%+7.1%+24.4%+32.7%+117.7%+31.1%-40.5%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Keurig Dr Pepper Inc.'s Debt/EBITDA ratio is 16.2x, up from 14.6x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 28.5% YoY to 0.64x, strengthening the short-term liquidity position. Debt/Equity has declined for 4 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity0.630.630.690.700.720.710.660.660.670.580.570.560.55
—-11.2%+4.7%+6.1%+8.1%+23.4%+17.0%+18.5%+20.8%+6.8%+8.2%+8.5%+7.5%
Debt / EBITDA3.6716.1614.6116.2618.3070.2215.3515.4017.5913.1813.3815.0118.00
—-77.0%-4.8%+5.6%+4.0%+432.9%+14.7%+2.6%-2.3%-17.3%-42.3%-14.5%+57.6%
Current Ratio0.640.640.620.640.470.490.530.510.510.380.390.390.39
—+28.5%+17.2%+25.4%-7.0%+30.6%+37.9%+29.0%+29.6%-19.6%-35.4%-29.3%-27.4%
Quick Ratio0.430.430.380.400.310.330.360.340.340.250.230.240.24
—+27.7%+6.4%+16.1%-9.3%+33.2%+53.0%+41.6%+40.3%-18.8%-41.5%-35.5%-36.6%
Interest Coverage4.844.035.294.936.730.365.154.735.036.696.645.783.12
—————————————

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Includes 30+ ratios · 48 years · Updated daily

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Frequently Asked Questions

What is Keurig Dr Pepper Inc.'s quarterly P/E ratio trend?

Keurig Dr Pepper Inc.'s current P/E is 19.8x. The average P/E over the last 4 quarters is 20.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Keurig Dr Pepper Inc.'s margins change by quarter?

Keurig Dr Pepper Inc.'s current operating margin is 22.0%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at KDP quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Keurig Dr Pepper Inc.'s business trajectory between earnings reports.

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