Tearsheet

Keurig Dr Pepper (KDP)

Market Price (9/15/2025): $27.34 | Market Cap: $37.1 Bil
Sector: Consumer Staples | Industry: Soft Drinks & Non-alcoholic Beverages

Keurig Dr Pepper (KDP)

Market Price (9/15/2025): $27.34
Market Cap: $37.1 Bil
Sector: Consumer Staples
Industry: Soft Drinks & Non-alcoholic Beverages

Investment Highlights

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.8%	Weak multi-year price returns 2Y Excs Rtn is -62%, 3Y Excs Rtn is -89%
1	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 21%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, CFO LTM is 2.1 Bil
3	Low stock price volatility Vol 12M is 24%

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.8%
1	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 21%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, CFO LTM is 2.1 Bil
3	Low stock price volatility Vol 12M is 24%
4	Weak multi-year price returns 2Y Excs Rtn is -62%, 3Y Excs Rtn is -89%

Market Valuation

	9/15/25	2024	2023	2022	2021
Share Price CYE	$27.34	$31.45	$31.79	$33.19	$33.61
Market Cap CYE ($ Bil)	37.1	42.7	44.3	47.0	47.7
Total Debt ($ Bil)	17.6	17.3	14.8	13.6	13.3
Total Cash ($ Bil)	0.5	0.5	0.3	0.5	0.6
Enterprise Value ($ Bil)	54.2	60.0	59.1	60.6	61.0
Valuation Ratios
P/S TTM	2.4	2.9	3.1	3.6	4.1
P/EBIT TTM	13.7	16.5	14.3	20.9	15.8
P/E TTM	24.2	30.4	21.4	35.2	24.3
Sector Ratios
P/S TTM (Sector)	0.9	0.9	0.9	0.9	1.6
P/EBIT TTM (Sector)	8.5	8.9	10.0	9.4	11.6
P/E TTM (Sector)	12.7	12.1	14.0	12.0	16.2

	9/15/25	2024	2023
Share Price CYE	$27.34	$31.45	$31.79
Market Cap CYE ($ Bil)	37.1	42.7	44.3
Total Debt ($ Bil)	17.6	17.3	14.8
Total Cash ($ Bil)	0.5	0.5	0.3
Enterprise Value ($ Bil)	54.2	60.0	59.1
Valuation Ratios
P/S TTM	2.4	2.9	3.1
P/EBIT TTM	13.7	16.5	14.3
P/E TTM	24.2	30.4	21.4
Sector Ratios
P/S TTM (Sector)	0.9	0.9	0.9
P/EBIT TTM (Sector)	8.5	8.9	10.0
P/E TTM (Sector)	12.7	12.1	14.0

Stock Price
Market Cap

Stock Price Chart

Return (1Y):

Market Cap Chart

Business Description

Keurig 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. Show more

Price Returns Compared

Expand for Detailed View

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
KDP Return	13%	17%	-1%	-4%	-1%	-13%	8%
Peers Return	11%	14%	6%	1%	-7%	-7%	18%
S&P 500 Return	16%	27%	-19%	24%	23%	12%	104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: KO, PEP, MDLZ, KHC, STZ. See KDP Returns vs. Peers.
[3] 2025 data is for the year up to 9/12/2025 (YTD)

Interactive Breakdown

Keurig Dr Pepper Interactive Breakdown Analysis

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Keurig Dr Pepper Earnings Notes
2	Is The 21.5% Decline In Keurig Dr Pepper (KDP) Stock A Dip Buying Opportunity?	Actionable
3	KDP Down 22% In A Month. How Confident Are You In The Stock?	Return
4	KDP Slides 22% In A Single Month, Time To Buy The Stock?	Buy or Fear
5	KDP Pulls Back to Support. Smart Time to Enter?	Actionable
6	Keurig Dr Pepper vs Duke Energy: Which Is A Better Investment?	Counter-Intuitive Comparisons
7	Keurig Dr Pepper vs Cal-Maine Foods: Which Is A Better Investment?	Counter-Intuitive Comparisons
8	KDP Slides 22% In A Single Month: Where Does It Rank Among Competitors?	Peer Comparison
9	Better Bet Than KDP Stock: Pay Less Than Keurig Dr Pepper To Get More From UNH, DUK
10	Better Bet Than KDP Stock: Pay Less Than Keurig Dr Pepper To Get More From BRBR, CALM
11	ARTICLES
12	S&P 500 Stocks Trading At 52-Week Low		September 13th, 2025
13	S&P 500 Stocks Trading At 52-Week Low		September 11th, 2025
14	Down 22%, Is KDP Stock A Buy Now?		September 9th, 2025
15	KDP Lost 18% In A Month. Do You Buy Or Wait?		September 9th, 2025
16	S&P 500 Stocks Trading At 52-Week Low		September 9th, 2025

	Title
0	DASHBOARDS
1	S&P 500 Stocks Trading At 52-Week Low
2	S&P 500 Stocks Trading At 52-Week Low
3	Down 22%, Is KDP Stock A Buy Now?
4	KDP Lost 18% In A Month. Do You Buy Or Wait?
5	S&P 500 Stocks Trading At 52-Week Low
6	ARTICLES
7	Keurig Dr Pepper Earnings Notes
8	Is The 21.5% Decline In Keurig Dr Pepper (KDP) Stock A Dip Buying Opportunity?
9	KDP Down 22% In A Month. How Confident Are You In The Stock?
10	KDP Slides 22% In A Single Month, Time To Buy The Stock?
11	KDP Pulls Back to Support. Smart Time to Enter?
12	Keurig Dr Pepper vs Duke Energy: Which Is A Better Investment?
13	Keurig Dr Pepper vs Cal-Maine Foods: Which Is A Better Investment?
14	KDP Slides 22% In A Single Month: Where Does It Rank Among Competitors?
15	Better Bet Than KDP Stock: Pay Less Than Keurig Dr Pepper To Get More From UNH, DUK
16	Better Bet Than KDP Stock: Pay Less Than Keurig Dr Pepper To Get More From BRBR, CALM

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	GCTK	GlucoTrack	117.5%	-97.6%
2	OPI	Office Properties Income Trust	78.6%	-42.6%
3	HCWB	HCW Biologics	68.4%	-68.7%
4	AGAE	Allied Gaming & Entertainment	62.4%	86.8%
5	ATCH	AtlasClear	53.4%	-95.9%
6	SONN	Sonnet BioTherapeutics	49.0%	304.1%
7	EVTV	Envirotech Vehicles	48.4%	-66.3%
8	ISPC	iSpecimen	47.7%	-26.6%
9	ENTO	Entero Therapeutics	37.0%	68.8%
10	IBEX	IBEX	36.5%	93.5%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	NXTT	Next Technology	-57.4%	-93.8%
2	VCIG	VCI Global	-42.8%	-98.7%
3	RENT	Rent the Runway	-36.4%	-40.9%
4	NUAI	New Era Energy & Digital	-30.5%
5	AEI	Alset	-29.6%	156.9%
6	NAKA	Kindly MD	-29.5%
7	XTIA	XTI Aerospace	-24.6%	-85.8%
8	FARM	Farmer Bros	-21.5%	1.7%
9	FEIM	Frequency Electronics	-21.0%	46.5%
10	MSS	Maison Solutions	-20.4%	-27.6%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	OCTO	Eightco	900.0%	562.1%
2	QMMM	QMMM	875.3%	5698.4%
3	WLDS	Wearable Devices	780.4%	8.0%
4	CWD	CaliberCos	268.8%	-45.1%
5	AIRE	ReAlpha Tech	257.5%	-49.8%
6	PTNM	Pitanium	154.0%
7	OPI	Office Properties Income Trust	144.0%	-42.6%
8	HYPD	Hyperion DeFi	144.0%
9	ISPC	iSpecimen	128.4%	-26.6%
10	EDHL	Everbright Digital	127.6%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	DGNX	Diginex	-85.6%
2	LGCL	Lucas GC	-69.1%	-76.6%
3	YYGH	YY	-68.7%	-76.6%
4	BINI	Bollinger Innovations	-61.6%	-100.0%
5	IPDN	Professional Diversity Network	-54.5%	-41.4%
6	INHD	Inno	-53.4%	-4.4%
7	CDT	CDT Equity	-49.2%	-99.4%
8	NFE	New Fortress Energy	-46.5%	-91.3%
9	TGHL	Growhub	-44.8%
10	SLXN	Silexion Therapeutics	-43.1%	-86.5%

1 Month Top Gainers

#	Ticker	Company	1M Rtn	YTD Rtn
1	PMI	Picard Medical	11249.2%	11249.2%
2	GIBO	GIBO	7400.0%
3	LNZA	LanzaTech Global	4710.5%	-85.8%
4	CHSN	Chanson International	3717.0%	-99.3%
5	QMMM	QMMM	2669.4%	5698.4%
6	VTAK	Catheter Precision	1332.7%	-71.4%
7	CURX	Curanex Pharmaceuticals	1309.0%	1309.0%
8	OCTO	Eightco	811.9%	562.1%
9	WLDS	Wearable Devices	708.6%	8.0%
10	PTNM	Pitanium	423.7%

1 Month Top Losers

#	Ticker	Company	1M Rtn	YTD Rtn
1	BINI	Bollinger Innovations	-93.4%	-100.0%
2	ETS	Elite Express	-92.8%	-92.8%
3	CJET	Chijet Motor	-92.7%	-94.6%
4	ELPW	Elong Power	-91.7%	-75.8%
5	STFS	Star Fashion Culture	-91.4%	-97.8%
6	JEM	707 Cayman	-90.4%	-98.0%
7	FLYE	Fly-E	-90.4%	-82.8%
8	NXTT	Next Technology	-89.3%	-93.8%
9	NUTR	NusaTrip	-87.2%	-87.2%
10	CUPR	Cuprina	-84.3%

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	GCTK	GlucoTrack	117.5%	-97.6%
2	OPI	Office Properties Income Trust	78.6%	-42.6%
3	HCWB	HCW Biologics	68.4%	-68.7%
4	AGAE	Allied Gaming & Entertainment	62.4%	86.8%
5	ATCH	AtlasClear	53.4%	-95.9%
6	SONN	Sonnet BioTherapeutics	49.0%	304.1%
7	EVTV	Envirotech Vehicles	48.4%	-66.3%
8	ISPC	iSpecimen	47.7%	-26.6%
9	ENTO	Entero Therapeutics	37.0%	68.8%
10	IBEX	IBEX	36.5%	93.5%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	NXTT	Next Technology	-57.4%	-93.8%
2	VCIG	VCI Global	-42.8%	-98.7%
3	RENT	Rent the Runway	-36.4%	-40.9%
4	NUAI	New Era Energy & Digital	-30.5%
5	AEI	Alset	-29.6%	156.9%
6	NAKA	Kindly MD	-29.5%
7	XTIA	XTI Aerospace	-24.6%	-85.8%
8	FARM	Farmer Bros	-21.5%	1.7%
9	FEIM	Frequency Electronics	-21.0%	46.5%
10	MSS	Maison Solutions	-20.4%	-27.6%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	OCTO	Eightco	900.0%	562.1%
2	QMMM	QMMM	875.3%	5698.4%
3	WLDS	Wearable Devices	780.4%	8.0%
4	CWD	CaliberCos	268.8%	-45.1%
5	AIRE	ReAlpha Tech	257.5%	-49.8%
6	PTNM	Pitanium	154.0%
7	OPI	Office Properties Income Trust	144.0%	-42.6%
8	HYPD	Hyperion DeFi	144.0%
9	ISPC	iSpecimen	128.4%	-26.6%
10	EDHL	Everbright Digital	127.6%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	DGNX	Diginex	-85.6%
2	LGCL	Lucas GC	-69.1%	-76.6%
3	YYGH	YY	-68.7%	-76.6%
4	BINI	Bollinger Innovations	-61.6%	-100.0%
5	IPDN	Professional Diversity Network	-54.5%	-41.4%
6	INHD	Inno	-53.4%	-4.4%
7	CDT	CDT Equity	-49.2%	-99.4%
8	NFE	New Fortress Energy	-46.5%	-91.3%
9	TGHL	Growhub	-44.8%
10	SLXN	Silexion Therapeutics	-43.1%	-86.5%

Peer Comparisons for Keurig Dr Pepper

Financials

	KDP	KO	PEP	MDLZ	KHC	STZ	Median
Name	Keurig D.	Coca-Cola	PepsiCo	Mondelez.	Kraft He.	Constell.
Mkt Price	27.23	67.01	143.53	61.98	26.13	139.49	64.50
Mkt Cap	37.0	288.4	196.8	80.3	31.0	24.8	58.6
Rev LTM	15,759	47,062	91,748	37,105	25,310	10,062	31,208
Op Inc LTM	3,382	14,418	12,387	4,878	5,162	3,189	5,020
FCF LTM	1,575	-722	7,064	2,861	3,494	2,067	2,464
FCF 3Y Avg	1,386	5,940	6,608	3,121	2,896	1,684	3,008
CFO LTM	2,117	1,301	12,188	4,164	4,400	3,099	3,631
CFO 3Y Avg	1,895	7,828	11,958	4,322	3,923	2,856	4,122

Growth & Margins

	KDP	KO	PEP	MDLZ	KHC	STZ	Median
Name	Keurig D.	Coca-Cola	PepsiCo	Mondelez.	Kraft He.	Constell.
Rev Chg LTM	4.6%	1.3%	-0.3%	3.1%	-3.8%	-0.5%	0.5%
Rev Chg 3Y Avg	5.9%	4.5%	4.0%	7.6%	-0.3%	3.2%	4.2%
Rev Chg Q	6.1%	1.4%	1.0%	7.7%	-1.9%	-5.5%	1.2%
QoQ Delta Rev Chg LTM	1.6%	0.4%	0.2%	1.8%	-0.5%	-1.4%	0.3%
Op Mgn LTM	21.5%	30.6%	13.5%	13.1%	20.4%	31.7%	20.9%
Op Mgn 3Y Avg	21.5%	29.4%	13.8%	14.7%	19.5%	31.3%	20.5%
QoQ Delta Op Mgn LTM	-0.1%	0.6%	-0.5%	0.6%	-0.2%	-1.3%	-0.2%
CFO/Rev LTM	13.4%	2.8%	13.3%	11.2%	17.4%	30.8%	13.4%
CFO/Rev 3Y Avg	12.5%	17.3%	13.1%	12.1%	15.0%	28.8%	14.1%
FCF/Rev LTM	10.0%	-1.5%	7.7%	7.7%	13.8%	20.5%	8.9%
FCF/Rev 3Y Avg	9.2%	13.1%	7.2%	8.7%	11.1%	17.0%	10.1%

Valuation

	KDP	KO	PEP	MDLZ	KHC	STZ	Median
Name	Keurig D.	Coca-Cola	PepsiCo	Mondelez.	Kraft He.	Constell.
Mkt Cap	37.0	288.4	196.8	80.3	31.0	24.8	58.6
P/S	2.3	6.1	2.1	2.2	1.2	2.5	2.3
P/EBIT	13.7	17.2	18.9	17.2	-4.6	1,458.9	17.2
P/E	24.1	23.7	26.1	22.0	-5.9	-56.1	22.9
P/CFO	17.5	221.7	16.1	19.3	7.0	8.0	16.8
Total Yield	5.8%	7.2%	7.6%	7.6%	-10.8%	-0.3%	6.5%
Dividend Yield	1.7%	2.9%	3.8%	3.0%	6.2%	1.5%	3.0%
FCF Yield 3Y Avg	3.1%	2.2%	3.1%	3.4%	8.0%	4.5%	3.3%
D/E	0.5	0.2	0.3	0.3	0.7	0.5	0.4
Net D/E	0.5	0.1	0.2	0.2	0.6	0.5	0.4

Returns

	KDP	KO	PEP	MDLZ	KHC	STZ	Median
Name	Keurig D.	Coca-Cola	PepsiCo	Mondelez.	Kraft He.	Constell.
1M Rtn	-21.7%	-4.2%	-3.6%	-0.2%	-4.2%	-17.1%	-4.2%
3M Rtn	-17.0%	-5.6%	10.8%	-6.7%	1.7%	-14.9%	-6.2%
6M Rtn	-17.8%	-2.4%	-1.4%	-2.3%	-11.0%	-22.2%	-6.7%
12M Rtn	-25.6%	-4.1%	-15.9%	-15.3%	-22.4%	-43.6%	-19.2%
3Y Rtn	-21.0%	22.3%	-4.8%	12.2%	-12.8%	-39.0%	-8.8%
1M Excs Rtn	-23.6%	-6.7%	-4.8%	-2.2%	-7.2%	-19.9%	-7.0%
3M Excs Rtn	-26.2%	-16.2%	0.6%	-17.3%	-8.7%	-26.3%	-16.7%
6M Excs Rtn	-35.9%	-21.6%	-20.5%	-22.1%	-30.1%	-41.6%	-26.1%
12M Excs Rtn	-44.6%	-23.4%	-36.0%	-35.0%	-42.1%	-62.7%	-39.0%
3Y Excs Rtn	-88.7%	-47.8%	-74.3%	-56.6%	-84.6%	-106.3%	-79.4%

Comparison Analyses

	Title
0	KDP Slides 22% In A Single Month: Where Does It Rank Among Competitors?
1	MNST or KDP - With 25% Return Forecast, KDP Probably Deserves Your Money
2	Keurig Dr Pepper vs. Zoetis: With Return Forecast Of 116%, Keurig Dr Pepper Is A Better Bet
3	With 47% Gains On The Table, INTU May Outshine KDP
4	KDP Could Deliver 25% Returns And Outperform KO
5	With 25% Gains On The Table, KDP May Outshine KHC
6	Keurig Dr Pepper vs. Mondelez: Neither Seems Like A Good Bet
7	KDP Looks Stronger Than PEP With 25% Return Potential
8	Keurig Dr Pepper vs. Intuit: With Return Forecast Of 78%, Keurig Dr Pepper Is A Better Bet
9	Keurig Dr Pepper vs. Booking Holdings: With Return Forecast Of 78%, Keurig Dr Pepper Is A Better Bet

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End		12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date		2/25/2025	2/22/2024	2/23/2023	2/24/2022	2/25/2021	2/27/2020
Key Financials
Total Revenue	15,759	15,351	14,814	14,057	12,683	11,618	11,120
Ebitda	3,413	3,382	3,973	3,121	4,006	3,010	3,006
Operating Income	3,382	3,309	3,194	2,783	2,894	2,547	2,378
Net Income	1,536	1,441	2,181	1,436	2,146	1,325	1,254
EPS	1.12	1.06	1.56	1.01	1.52	0.94	0.89
Growth Rates
Total Revenue Growth	4.6%	3.6%	5.4%	10.8%	9.2%	4.5%	49.4%
EBITDA Growth	-19.6%	-14.9%	27.3%	-22.1%	33.1%	0.1%	79.2%
Operating Income Growth	-2.5%	3.6%	14.8%	-3.8%	13.6%	7.1%	92.2%
Net Income Growth	-29.5%	-33.9%	51.9%	-33.1%	62.0%	5.7%	114.0%
Margins
EBITDA Margin	21.7%	22.0%	26.8%	22.2%	31.6%	25.9%	27.0%
Operating Income Margin	21.5%	21.6%	21.6%	19.8%	22.8%	21.9%	21.4%
Net Income Margin	9.7%	9.4%	14.7%	10.2%	16.9%	11.4%	11.3%
Cash & Debt
Total Cash	509	510	267	535	567	240	75
Total Debt	17,609	17,274	14,824	13,583	13,266	14,482	15,226
Net Debt / (Cash)	17,100	16,764	14,557	13,048	12,699	14,242	15,151
Cash Flows
Net Cash from Operations	2,117	2,219	1,329	2,837	2,874	2,456	2,474
Free Cash from Operations	1,575	1,597	848	2,458	2,419	1,939	2,109
Returns to Shareholders
Dividends	1,228	1,194	1,142	1,080	955	846	844
Share Repurchases	14	1,110	706	379	-0	-0	-0

$ Mil \| FY: 12/31	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3
Period End	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Filing Date	7/24/2025	4/24/2025	2/25/2025	10/24/2024	7/25/2024	4/25/2024	2/22/2024	10/26/2023	7/27/2023	4/27/2023	2/23/2023	10/27/2022
Key Financials Quarterly
Total Revenue	4,163	3,635	4,070	3,891	3,922	3,468	3,867	3,805	3,789	3,353	3,803	3,622
Ebitda	1,083	971	276	1,083	1,081	942	1,145	1,078	960	790	860	562
Operating Income	898	801	781	902	861	765	943	898	769	584	839	705
Net Income	547	517	-144	616	515	454	693	518	503	467	453	180
EPS	0.40	0.38	-0.11	0.45	0.38	0.33	0.50	0.37	0.36	0.33	0.32	0.13
Key Financials TTM
Total Revenue TTM	15,759	15,518	15,351	15,148	15,062	14,929	14,814	14,750	14,567	14,332	14,057	13,645
Ebitda TTM	3,413	3,411	3,382	4,251	4,246	4,125	3,973	3,688	3,172	2,776	3,121	3,674
Operating Income TTM	3,382	3,345	3,309	3,471	3,467	3,375	3,194	3,090	2,897	2,700	2,783	2,669
Net Income TTM	1,536	1,504	1,441	2,278	2,180	2,168	2,181	1,941	1,603	1,318	1,436	1,826
Growth Rates Quarterly
Total Revenue Growth	6.1%	4.8%	5.2%	2.3%	3.5%	3.4%	1.7%	5.1%	6.6%	8.9%	12.1%	11.4%
EBITDA Growth	0.2%	3.1%	-75.9%	0.5%	12.6%	19.2%	33.1%	91.8%	70.2%	-30.4%	-39.1%	-41.7%
Operating Income Growth	4.3%	4.7%	-17.2%	0.4%	12.0%	31.0%	12.4%	27.4%	34.4%	-12.4%	15.7%	-11.3%
Net Income Growth	6.2%	13.9%	-120.8%	18.9%	2.4%	-2.8%	53.0%	187.8%	130.7%	-20.2%	-46.3%	-66.0%
Margins Quarterly
EBITDA Margin	26.0%	26.7%	6.8%	27.8%	27.6%	27.2%	29.6%	28.3%	25.3%	23.6%	22.6%	15.5%
Operating Income Margin	21.6%	22.0%	19.2%	23.2%	22.0%	22.1%	24.4%	23.6%	20.3%	17.4%	22.1%	19.5%
Net Income Margin	13.1%	14.2%	-3.5%	15.8%	13.1%	13.1%	17.9%	13.6%	13.3%	13.9%	11.9%	5.0%
Cash & Debt
Total Cash	509	653	510	552	438	317	267	260	278	204	535	925
Total Debt	17,609	17,638	17,274	16,531	16,416	16,450	14,824	14,353	14,165	13,860	13,583	13,131
Net Debt / (Cash)	17,100	16,985	16,764	15,979	15,978	16,133	14,557	14,093	13,887	13,656	13,048	12,206
Cash Flows Quarterly
FCF from Operations	431	209	849	628	657	85	297	580	381	71	739	759
Cash Flows TTM
FCF from Operations TTM	2,117	2,343	2,219	1,667	1,619	1,343	1,329	1,771	1,950	2,245	2,837	3,039
Returns to Shareholders Quarterly
Dividends	313	312	311	292	292	299	300	279	282	281	284	265
Share Repurchases	9	-0	5	-0	-0	1,105	249	-0	226	231	291	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	7.4%	6.9%	8.1%	7.8%	7.4%	6.5%	8.2%	7.9%	7.2%	5.4%	7.9%	8.1%
Return on Invested Capital (ROIC) TTM
ROIC TTM	7.0%	7.0%	6.9%	7.5%	7.5%	7.3%	7.1%	7.0%	6.8%	6.6%	6.7%	6.3%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
US Refreshment Beverages	8,821	8,083	7,120
US Coffee	4,071	4,302	4,089
International	1,922	1,672	1,474
Beverage Concentrates				1,325	1,414
Coffee Systems				4,433	4,233
Latin America Beverages				497	528
Packaged Beverages				5,363	4,945
Total	14,814	14,057	12,683	11,618	11,120

Operating Income by Segment

$ Mil	2024	2023	2022	2021	2020
US Refreshment Beverages	2,483	1,961	1,961
US Coffee	1,158	1,215	1,306
International	475	373	382
Unallocated corporate costs	-924	-944	-755	-647	-638
Beverage Concentrates				932	955
Coffee Systems				1,268	1,219
Latin America Beverages				105	85
Packaged Beverages				822	757
Total	3,192	2,605	2,894	2,480	2,378

Price Behavior

Behavior Stats
Betas Matrix

Price Behavior

Market Price	$27.23
Market Cap ($ Bil)	37.0
First Trading Date	05/07/2008
Distance from 52W High	-26.4%
	50 Days	200 Days
DMA Price	$32.44	$32.64
DMA Trend	indeterminate	down
Distance from DMA	-16.1%	-16.6%
	3M	1YR
Volatility	33.7%	24.4%
Downside Capture	127.08	26.68
Upside Capture	-36.82	-7.57
Correlation (SPY)	5.5%	16.9%

KDP Betas & Captures as of 8/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.05	0.19	0.15	0.24	0.20	0.30
Up Beta	0.65	0.04	0.21	0.28	0.27	0.35
Down Beta	-1.03	-0.54	-0.07	0.22	0.24	0.36
Up Capture	-61%	-26%	-23%	6%	-2%	4%
Bmk +ve Days	10	22	35	71	142	415
Stock +ve Days	12	19	29	60	114	373
Down Capture	141%	166%	91%	40%	28%	57%
Bmk -ve Days	11	19	27	54	106	334
Stock -ve Days	8	20	31	63	130	366

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date	8292025
Short Interest: Shares Quantity	31,803,866
Short Interest: % Change Since 8152025	-8.6%
Average Daily Volume	22,121,758
Days-to-Cover Short Interest	1.44
Basic Shares Quantity	1,358,300,000
Short % of Basic Shares	2.3%

Returns Analyses

	Title
0	KDP Down 22% In A Month. How Confident Are You In The Stock?
1	KDP YTD Stock Return Of -5.2% Outperforms KHC by 7.4% and Underperforms STZ by -21%
2	Keurig Dr Pepper Stock Return Comparison
3	Keurig Dr Pepper Total Shareholder Return (TSR): -1.2% in 2022 and 9.3% 3-yr returns (below peer average)
4	Keurig Dr Pepper (KDP) Stock Return: AI Predicts KDP Average and Excess Return After a Fall or Rise

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
7/24/2025	0.2%	1.0%	5.1%
2/25/2025	2.4%	0.0%	-0.8%
10/24/2024	-4.8%	-10.1%	-12.2%
7/25/2024	1.3%	4.6%	8.8%
2/22/2024	-3.9%	-5.0%	-6.4%
10/26/2023	1.4%	4.7%	12.1%
7/27/2023	3.7%	5.9%	2.7%
2/23/2023	0.9%	-4.4%	-4.7%
...
SUMMARY STATS
# Positive	10	10	9
# Negative	9	9	10
Median Positive	3.1%	4.6%	7.0%
Median Negative	-1.9%	-4.3%	-3.5%
Max Positive	5.9%	5.9%	12.1%
Max Negative	-4.8%	-10.1%	-13.7%

	Forward Returns
7/24/2025	0.2%	1.0%	5.1%
2/25/2025	2.4%	0.0%	-0.8%
10/24/2024	-4.8%	-10.1%	-12.2%
7/25/2024	1.3%	4.6%	8.8%
2/22/2024	-3.9%	-5.0%	-6.4%
10/26/2023	1.4%	4.7%	12.1%
7/27/2023	3.7%	5.9%	2.7%
2/23/2023	0.9%	-4.4%	-4.7%
10/27/2022	-1.7%	-4.6%	-1.3%
7/28/2022	3.7%	5.4%	7.0%
2/24/2022	-3.7%	1.4%	-2.1%
10/28/2021	3.8%	5.5%	2.3%
7/29/2021	-1.1%	-2.7%	-1.0%
2/25/2021	-1.9%	-2.7%	9.8%
10/29/2020	-1.9%	1.8%	10.9%
7/30/2020	-1.6%	-4.3%	-4.3%
2/27/2020	-1.7%	-3.3%	-13.7%
11/7/2019	5.9%	4.7%	4.0%
8/8/2019	5.1%	-0.7%	-2.7%
SUMMARY STATS
# Positive	10	10	9
# Negative	9	9	10
Median Positive	3.1%	4.6%	7.0%
Median Negative	-1.9%	-4.3%	-3.5%
Max Positive	5.9%	5.9%	12.1%
Max Negative	-4.8%	-10.1%	-13.7%

SEC Filings

Expand for More

Report Date	Filing
6302025	10-Q 6/30/2025
3312025	10-Q 3/31/2025
12312024	10-K 12/31/2024
9302024	10-Q 9/30/2024
6302024	10-Q 6/30/2024
3312024	10-Q 3/31/2024
12312023	10-K 12/31/2023
9302023	10-Q 9/30/2023
6302023	10-Q 6/30/2023
3312023	10-Q 3/31/2023
12312022	10-K 12/31/2022
9302022	10-Q 9/30/2022
6302022	10-Q 6/30/2022
3312022	10-Q 3/31/2022
12312021	10-K 12/31/2021
9302021	10-Q 9/30/2021

Insider Activity

Expand for More

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Gamgort Robert James		8222025	Sell	35.91	7,601	272,952	82,038,837	Form
1	Gamgort Robert James		8052025	Sell	32.90	208,000	6,843,200	75,412,360	Form
2	DeNooyer Mary Beth	Chief Human Resources Officer	7182025	Sell	33.66	12,000	403,920	2,777,320	Form
3	DeNooyer Mary Beth	Chief Human Resources Officer	7022025	Sell	33.64	11,889	399,946	3,183,084	Form
4	Van de Ven Michael G		6062025	Buy	33.20	15,000	498,000	498,000	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

Prefer one of these to Trefis? Tell us why.

Keurig Dr Pepper (KDP)

Market Price (9/15/2025): $27.34 | Market Cap: $37.1 BilSector: Consumer Staples | Industry: Soft Drinks & Non-alcoholic Beverages

Keurig Dr Pepper (KDP)

Market Price (9/15/2025): $27.34Market Cap: $37.1 BilSector: Consumer StaplesIndustry: Soft Drinks & Non-alcoholic Beverages

Investment Highlights

Market Valuation

Stock Price Chart

Market Cap Chart

Business Description

Price Returns Compared

Interactive Breakdown

Better Bets than Keurig Dr Pepper (KDP)

Latest Trefis Analyses

Recent Active Movers

1 Day Top Gainers

1 Day Top Losers

1 Week Top Gainers

1 Week Top Losers

1 Month Top Gainers

1 Month Top Losers

Recent Active Movers

1 Day Top Gainers

1 Day Top Losers

1 Week Top Gainers

1 Week Top Losers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Keurig Dr Pepper

Financials

Growth & Margins

Valuation

Returns

Comparison Analyses

FDIC Bank Data

Bank Capital

Bank Deposits

Bank Assets

Bank Loans

Financials

Segment Financials

Price Behavior

Short Interest

Returns Analyses

Earnings Returns History

SEC Filings

Insider Activity

Industry Resources

External Quote Links

Market Price (9/15/2025): $27.34 | Market Cap: $37.1 Bil
Sector: Consumer Staples | Industry: Soft Drinks & Non-alcoholic Beverages

Market Price (9/15/2025): $27.34
Market Cap: $37.1 Bil
Sector: Consumer Staples
Industry: Soft Drinks & Non-alcoholic Beverages