Keurig Dr Pepper Inc.
Keurig Dr Pepper Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 898 | 1,026 | 516 | 509 | 653 | 510 | 552 | 438 | 317 | 267 | 260 | 278 | |||||
Restricted Cash And Cash Equivalents At Carrying V… | 17,818 | 18 | 53 | 56 | 80 | 80 | 8 | - | - | 0 | - | - | |||||
Accounts Receivable Net Current | 1,539 | 1,671 | 1,497 | 1,498 | 1,329 | 1,502 | 1,448 | 1,390 | 1,311 | 1,368 | 1,279 | 1,311 | |||||
Inventory Net | 1,829 | 1,733 | 1,840 | 1,741 | 1,539 | 1,299 | 1,351 | 1,252 | 1,204 | 1,142 | 1,348 | 1,384 | |||||
Prepaid Expense And Other Assets Current | 1,048 | 818 | 795 | 802 | 745 | 606 | 743 | 739 | 735 | 598 | 519 | 597 | |||||
Assets Current | 23,132 | 5,266 | 4,701 | 4,606 | 4,346 | 3,997 | 4,102 | 3,819 | 3,567 | 3,375 | 3,406 | 3,570 | |||||
Property Plant And Equipment Net | 3,249 | 3,230 | 3,039 | 2,996 | 2,951 | 2,964 | 2,794 | 2,680 | 2,695 | 2,699 | 2,527 | 2,489 | |||||
Equity Method Investments | 1,703 | 1,660 | 1,617 | 1,566 | 1,568 | 1,543 | 1,492 | 1,468 | 1,438 | 1,387 | 1,336 | 1,019 | |||||
Goodwill | 20,210 | 20,247 | 20,198 | 20,228 | 20,062 | 20,053 | 20,078 | 20,081 | 20,163 | 20,202 | 20,122 | 20,194 | |||||
Intangible Assets Net Excluding Goodwill | 23,653 | 23,725 | 23,786 | 23,841 | 23,616 | 23,634 | 23,072 | 23,108 | 23,251 | 23,287 | 23,223 | 23,344 | |||||
Deferred Income Tax Assets Net | 17 | 36 | 36 | 36 | 40 | 39 | 41 | 44 | 44 | 31 | 32 | 32 | |||||
Other Assets Noncurrent | 1,176 | 1,295 | 1,228 | 1,095 | 1,116 | 1,200 | 1,139 | 1,144 | 1,128 | 1,149 | 1,117 | 1,153 | |||||
Assets | 73,140 | 55,459 | 54,605 | 54,368 | 53,699 | 53,430 | 52,718 | 52,344 | 52,286 | 52,130 | 51,763 | 51,801 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 2,843 | 2,996 | 2,993 | 3,113 | 3,154 | 2,985 | 3,133 | 3,099 | 3,187 | 3,597 | 4,090 | 4,601 | |||||
Accrued Liabilities Current | 1,466 | 1,379 | 1,396 | 1,324 | 1,201 | 1,584 | 1,288 | 1,302 | 1,169 | 1,242 | 1,123 | 1,030 | |||||
Debt Current | 4,816 | 3,105 | 2,285 | 1,976 | 3,999 | 2,642 | 2,472 | 2,399 | 1,908 | 3,246 | 2,798 | 2,635 | |||||
Other Liabilities Current | 878 | 785 | 823 | 777 | 786 | 835 | 736 | 618 | 629 | 714 | 681 | 664 | |||||
Liabilities Current | 10,025 | 8,290 | 7,527 | 7,221 | 9,171 | 8,087 | 7,699 | 7,509 | 7,004 | 8,916 | 8,814 | 9,056 | |||||
Long Term Debt Noncurrent | 20,891 | 13,036 | 13,531 | 13,920 | 11,927 | 12,912 | 12,413 | 12,406 | 12,929 | 9,945 | 9,940 | 9,934 | |||||
Deferred Income Tax Liabilities Net | 5,467 | 5,526 | 5,433 | 5,487 | 5,430 | 5,435 | 5,736 | 5,746 | 5,784 | 5,760 | 5,714 | 5,736 | |||||
Other Liabilities Noncurrent | 3,157 | 3,091 | 2,790 | 2,755 | 2,724 | 2,753 | 1,901 | 1,965 | 1,916 | 1,833 | 1,931 | 1,808 | |||||
Liabilities | 39,540 | 29,943 | 29,281 | 29,383 | 29,252 | 29,187 | 27,749 | 27,626 | 27,633 | 26,454 | 26,399 | 26,534 | |||||
Temporary Equity | |||||||||||||||||
Temporary Equity Carrying Amount Attributable To P… | 4,418 | - | - | - | - | - | - | - | - | - | - | - | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | |||||
Additional Paid In Capital Common Stock | 19,783 | 19,778 | 19,753 | 19,729 | 19,711 | 19,712 | 19,692 | 19,683 | 19,661 | 20,788 | 21,014 | 21,009 | |||||
Retained Earnings Accumulated Deficit | 5,580 | 5,622 | 5,581 | 5,232 | 4,997 | 4,793 | 5,249 | 4,944 | 4,721 | 4,559 | 4,165 | 3,948 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -116 | 102 | -24 | 10 | -275 | -276 | 14 | 77 | 257 | 315 | 171 | 297 | |||||
Stockholders Equity | 25,261 | 25,516 | 25,324 | 24,985 | 24,447 | 24,243 | 24,969 | 24,718 | 24,653 | 25,676 | 25,364 | 25,268 | |||||
Minority Interest | 3,921 | 0 | - | - | - | 0 | - | - | - | 0 | 0 | -1 | |||||
Liabilities And Stockholders Equity | 73,140 | 55,459 | 54,605 | 54,368 | 53,699 | 53,430 | 52,718 | 52,344 | 52,286 | 52,130 | 51,763 | 51,801 | |||||
Temporary Equity Shares Authorized | 5 | - | - | - | - | - | - | - | - | - | - | - | |||||
Temporary Equity Shares Issued | 5 | - | - | - | - | - | - | - | - | - | - | - | |||||
Temporary Equity Shares Outstanding | 5 | - | - | - | - | - | - | - | - | - | - | - | |||||
Temporary Equity Liquidation Preference | 4,500 | - | - | - | - | - | - | - | - | - | - | - | |||||
Preferred Stock Shares Authorized | 11 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |||||
Common Stock Shares Issued | 1,360 | 1,359 | 1,359 | 1,358 | 1,358 | 1,357 | 1,356 | 1,356 | 1,356 | 1,390 | 1,398 | 1,397 | |||||
Shares Outstanding | 1,360 | 1,359 | 1,359 | 1,358 | 1,358 | 1,357 | 1,356 | 1,356 | 1,356 | 1,390 | 1,398 | 1,397 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.40% | 11.15% | 11.80% | - | - | - | - | - | - | - | - | - |
| 2025 | -1.86% | -4.18% | -2.13% | 3.60% | -18.89% | -22.39% | -3.85% | -3.33% | -4.20% | -14.31% | -13.75% | -5.94% |
| 2024 | -0.27% | 0.59% | -2.99% | 6.56% | 13.25% | 10.22% | -9.39% | -3.98% | -12.42% | -3.98% | 2.00% | -2.55% |
| 2023 | -5.10% | -4.08% | -4.99% | -0.03% | -1.36% | -16.17% | 7.52% | 8.34% | 8.85% | -4.91% | 0.21% | 12.84% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.31 | 0.64 | 0.62 | 0.64 | 0.47 | 0.49 | 0.53 | 0.51 | 0.51 | 0.38 | 0.39 | 0.39 | |||||
| Quick Ratio | 2.02 | 0.33 | 0.27 | 0.29 | 0.22 | 0.26 | 0.26 | 0.24 | 0.23 | 0.18 | 0.17 | 0.18 | |||||
| Working Capital | 13.11B | -3.02B | -2.83B | -2.62B | -4.83B | -4.09B | -3.60B | -3.69B | -3.44B | -5.54B | -5.41B | -5.49B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.57 | 1.17 | 1.16 | 1.18 | 1.20 | 1.20 | 1.11 | 1.12 | 1.12 | 1.03 | 1.04 | 1.05 | |||||
| Interest Coverage TTM | 5.44 | 6.93 | 5.34 | 6.14 | 5.74 | 5.31 | 7.11 | 5.60 | 5.75 | 7.39 | 6.76 | 6.02 | |||||
| Debt Ratio | 0.54 | 0.54 | 0.54 | 0.54 | 0.54 | 0.55 | 0.53 | 0.53 | 0.53 | 0.51 | 0.51 | 0.51 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.27 | 0.30 | 0.30 | 0.30 | 0.29 | 0.29 | 0.29 | 0.29 | 0.29 | 0.28 | 0.29 | 0.28 | |||||
| Days Sales Outstanding TTM | 30.89 | 34.88 | 33.23 | 33.45 | 31.05 | 34.12 | 32.85 | 32.73 | 33.76 | 35.14 | 34.04 | 33.04 | |||||
| Receivables Turnover TTM | 11.82 | 10.47 | 10.98 | 10.91 | 11.76 | 10.70 | 11.11 | 11.15 | 10.81 | 10.39 | 10.72 | 11.05 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 1.34 | 1.53 | 1.16 | 1.13 | 1.10 | 1.05 | 1.67 | 1.60 | 1.56 | 1.55 | 1.38 | 1.14 | |||||
| Free Cash Flow Per Share TTM | 0.67 | 0.61 | 0.61 | 0.59 | 0.75 | 0.63 | 0.82 | 0.79 | 0.60 | 0.65 | 1.01 | 1.17 | |||||
| Dividend Per Share TTM | 2.30 | 2.30 | 2.22 | 2.20 | 2.19 | 2.17 | 0.87 | 0.86 | 0.84 | 0.82 | 0.81 | 0.79 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 53.78% | 54.20% | 54.76% | 54.93% | 55.25% | 55.56% | 55.69% | 55.82% | 55.44% | 54.54% | 53.51% | 52.74% | |||||
| Operating Profit Margin TTM | 20.83% | 21.53% | 17.05% | 16.90% | 16.93% | 16.88% | 22.91% | 23.00% | 22.59% | 21.55% | 19.81% | 16.61% | |||||
| Net Profit Margin TTM | 10.81% | 12.52% | 9.78% | 9.75% | 9.69% | 9.39% | 15.04% | 14.47% | 14.52% | 14.72% | 13.16% | 11.00% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 9.19% | 8.16% | 6.77% | 4.63% | 3.95% | 3.62% | 2.70% | 3.40% | 4.17% | 5.39% | 8.10% | 9.75% | |||||
| Net Income Growth (1Y) | 21.81% | 44.27% | -30.55% | -29.54% | -30.63% | -33.93% | 17.36% | 36.00% | 64.49% | 51.88% | 6.36% | -26.30% | |||||
| EPS Growth (1Y) | 21.62% | 44.71% | -30.67% | -29.68% | -29.42% | -32.13% | 20.93% | 40.48% | 67.53% | 53.78% | 7.78% | -25.39% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 19.40 | 17.86 | 21.38 | 28.28 | 29.66 | 28.76 | 21.14 | 19.55 | 18.27 | 19.73 | 20.98 | 25.04 | |||||
| P/B TTM | 1.41 | 1.46 | 1.34 | 1.74 | 1.82 | 1.71 | 1.93 | 1.72 | 1.61 | 1.68 | 1.61 | 1.59 | |||||
| P/S TTM | 2.10 | 2.24 | 2.09 | 2.76 | 2.88 | 2.70 | 3.18 | 2.83 | 2.65 | 2.90 | 2.76 | 2.76 | |||||
| Market Cap | 35.53B | 37.13B | 33.83B | 43.44B | 44.61B | 41.45B | 48.15B | 42.63B | 39.62B | 43.03B | 40.72B | 40.14B | |||||
| Enterprise Value | 42.53B | 52.23B | 49.08B | 58.77B | 59.79B | 56.40B | 62.48B | 57.00B | 54.14B | 55.96B | 53.19B | 52.43B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 905.00M | 829.00M | 829.00M | 805.00M | 1.02B | 860.00M | 1.12B | 1.07B | 822.00M | 904.00M | 1.41B | 1.63B | |||||
| Net Debt | 6.99B | 15.10B | 15.25B | 15.33B | 15.18B | 14.95B | 14.33B | 14.37B | 14.52B | 12.92B | 12.48B | 12.29B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Keurig Dr Pepper Inc. (KDP) — SEC Financial Statements & Analysis
Keurig Dr Pepper Inc. (KDP) is a beverages company, incorporated in DE. Keurig Dr Pepper Inc. trades on KDP: Nasdaq as: KDP. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Keurig Dr Pepper Inc. reported a 9.19% year-over-year revenue growth, a Gross Profit Margin of 53.78% (TTM), a Debt-to-Equity ratio of 1.57x, a Price-to-Sales (P/S) ratio of 2.10x (TTM), a Price-to-Book (P/B) ratio of 1.41 (TTM), at a market cap of $35.53B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 9.19%
- Gross Profit Margin TTM
- 53.78%
- Debt To Equity
- 1.57x
- P/S TTM
- 2.10x
- P/B TTM
- 1.41
- Market Cap
- $35.53B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Keurig Dr Pepper Inc. in?
Keurig Dr Pepper Inc. (KDP) operates in the Beverages industry.
What is KDP's market cap?
Keurig Dr Pepper Inc. (KDP) has a market capitalization of $35.53B as of 2026-03-31.
What is KDP's P/E ratio?
Keurig Dr Pepper Inc. (KDP)'s trailing twelve month P/E ratio is 19.40x as of 2026-03-31.
What exchange does KDP trade on?
Keurig Dr Pepper Inc. (KDP) trades on the KDP: Nasdaq.
Where is Keurig Dr Pepper Inc. incorporated?
Keurig Dr Pepper Inc. is incorporated in DE.