Last 48 quarters of trend data · Consumer Defensive · Beverages - Non-Alcoholic
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Keurig Dr Pepper Inc.'s quarterly P/E stands at 32.9x, up 46.2% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 44.2% YoY to 23.8x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 20.10 | 32.91 | 26.93 | 13.02 | 20.66 | 22.51 | — | 20.82 | 21.97 | 23.23 | 17.00 | 21.33 | 21.72 |
| — | +46.2% | — | -37.5% | -6.0% | -3.1% | — | -2.4% | +1.2% | -13.1% | -39.0% | -69.0% | -63.2% | |
| P/S Ratio | 2.52 | 2.26 | 2.12 | 2.02 | 2.71 | 3.21 | 2.70 | 3.28 | 2.90 | 3.07 | 3.02 | 2.92 | 2.91 |
| — | -29.6% | -21.4% | -38.5% | -6.6% | +4.5% | -10.6% | +12.4% | -0.3% | -17.7% | -9.8% | -17.3% | -18.3% | |
| P/B Ratio | 1.64 | 1.23 | 1.50 | 1.37 | 1.80 | 1.91 | 1.81 | 2.04 | 1.84 | 1.73 | 1.82 | 1.75 | 1.74 |
| — | -35.5% | -17.5% | -32.8% | -2.0% | +10.4% | -0.3% | +16.8% | +5.5% | -13.3% | -10.2% | -14.1% | -12.4% | |
| P/FCF | 27.77 | 54.40 | 16.86 | 16.49 | 34.87 | 130.94 | 16.30 | 25.37 | 21.69 | — | 82.20 | 24.23 | 37.98 |
| — | -58.5% | +3.4% | -35.0% | +60.8% | — | -80.2% | +4.7% | -42.9% | — | +312.8% | +28.2% | +80.0% | |
| EV / EBITDA | 12.93 | 23.79 | 13.34 | 10.78 | 14.35 | 16.49 | 61.70 | 15.56 | 14.41 | 15.69 | 13.61 | 13.63 | 15.35 |
| — | +44.2% | -78.4% | -30.7% | -0.4% | +5.1% | +353.3% | +14.2% | -6.1% | -24.1% | -27.5% | -51.3% | -27.3% | |
| EV / EBIT | 15.60 | 23.79 | 19.17 | 12.45 | 17.30 | 19.68 | 163.21 | 18.45 | 17.53 | 19.01 | 15.90 | 16.23 | 18.46 |
| — | +20.9% | -88.3% | -32.5% | -1.3% | +3.5% | +926.4% | +13.7% | -5.0% | -27.9% | -32.3% | -60.0% | -54.6% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Keurig Dr Pepper Inc.'s operating margin was 19.0% in Q1 2026, down 2.3 pp QoQ and down 3.0 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 21.3% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 3.4% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 52.4% | 52.8% | 53.8% | 54.3% | 54.2% | 54.6% | 55.9% | 55.0% | 55.4% | 55.9% | 56.5% | 55.5% | 53.9% |
| — | -3.4% | -3.9% | -1.2% | -2.2% | -2.4% | -0.9% | -0.9% | +2.8% | +7.5% | +7.6% | +5.7% | +7.8% | |
| Operating Margin | 22.0% | 19.0% | 21.3% | 23.1% | 21.6% | 22.0% | 1.5% | 23.2% | 22.0% | 22.1% | 24.4% | 23.5% | 20.3% |
| — | -13.7% | +1278.5% | -0.3% | -1.7% | -0.1% | -93.7% | -1.6% | +8.2% | +26.6% | +37.8% | +116.5% | +26.1% | |
| Net Margin | 12.5% | 6.8% | 7.8% | 15.4% | 13.1% | 14.2% | -3.5% | 15.8% | 13.1% | 13.1% | 17.9% | 13.6% | 13.3% |
| — | -52.3% | +321.8% | -2.9% | +0.1% | +8.6% | -119.7% | +16.3% | -1.1% | -6.0% | +50.4% | +173.9% | +116.4% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.4% | 1.0% | 1.4% | 2.6% | 2.2% | 2.1% | -0.6% | 2.5% | 2.1% | 1.8% | 2.7% | 2.0% | 2.0% |
| — | -53.5% | +337.3% | +6.1% | +6.1% | +17.7% | -121.6% | +21.2% | +4.5% | -3.0% | +50.5% | +187.0% | +133.2% | |
| ROA | 3.8% | 0.4% | 0.6% | 1.2% | 1.0% | 1.0% | -0.3% | 1.2% | 1.0% | 0.9% | 1.3% | 1.0% | 1.0% |
| — | -56.5% | +336.4% | +3.6% | +2.8% | +11.0% | -120.3% | +17.2% | +1.2% | -3.6% | +52.1% | +185.8% | +128.9% | |
| ROIC | 6.7% | 1.2% | 1.7% | 1.8% | 1.6% | 1.5% | 0.1% | 1.7% | 1.6% | 1.4% | 1.8% | 1.7% | 1.5% |
| — | -17.8% | +1404.9% | +6.7% | +1.8% | +2.9% | -93.5% | -3.1% | +7.1% | +24.4% | +32.7% | +117.7% | +31.1% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Keurig Dr Pepper Inc.'s Debt/EBITDA ratio is 40.3x, up from 16.2x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 386.9% YoY to 2.31x, strengthening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.63 | 0.88 | 0.63 | 0.69 | 0.70 | 0.72 | 0.71 | 0.66 | 0.66 | 0.67 | 0.58 | 0.57 | 0.56 |
| — | +22.1% | -11.2% | +4.7% | +6.1% | +8.1% | +23.4% | +17.0% | +18.5% | +20.8% | +6.8% | +8.2% | +8.5% | |
| Debt / EBITDA | 3.67 | 40.29 | 16.16 | 14.61 | 16.26 | 18.30 | 70.22 | 15.35 | 15.40 | 17.59 | 13.18 | 13.38 | 15.01 |
| — | +120.2% | -77.0% | -4.8% | +5.6% | +4.0% | +432.9% | +14.7% | +2.6% | -2.3% | -17.3% | -42.3% | -14.5% | |
| Current Ratio | 0.64 | 2.31 | 0.64 | 0.62 | 0.64 | 0.47 | 0.49 | 0.53 | 0.51 | 0.51 | 0.38 | 0.39 | 0.39 |
| — | +386.9% | +28.5% | +17.2% | +25.4% | -7.0% | +30.6% | +37.9% | +29.0% | +29.6% | -19.6% | -35.4% | -29.3% | |
| Quick Ratio | 0.43 | 2.12 | 0.43 | 0.38 | 0.40 | 0.31 | 0.33 | 0.36 | 0.34 | 0.34 | 0.25 | 0.23 | 0.24 |
| — | +594.3% | +27.7% | +6.4% | +16.1% | -9.3% | +33.2% | +53.0% | +41.6% | +40.3% | -18.8% | -41.5% | -35.5% | |
| Interest Coverage | 4.56 | 2.27 | 2.92 | 5.53 | 4.93 | 6.79 | 0.54 | 5.19 | 4.81 | 5.08 | 6.83 | 6.67 | 5.90 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying KDP stock.
Keurig Dr Pepper Inc.'s current P/E is 20.1x. The average P/E over the last 4 quarters is 23.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
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.
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.