Keurig Dr Pepper Inc. financials

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KDP CIK 0001418135

Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T10:08:07Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow 1.50B 1.66B 904.00M 2.48B 2.45B 2.00B
EBITDA 4.03B 3.01B 3.59B 3.00B 3.30B 2.84B
Working Capital -3.02B -4.09B -5.54B -4.27B -3.43B -5.31B
Net Debt 14.72B 15.15B 12.46B 12.65B 12.55B 14.24B
Gross Margin 54.20% 55.56% 54.54% 52.09% 55.01% 55.83%
Operating Margin 21.53% 16.88% 21.55% 18.53% 22.82% 21.35%
Net Margin 12.52% 9.39% 14.72% 10.22% 16.92% 11.40%
Return on Equity (ROE) 8.15% 5.94% 8.49% 5.72% 8.59% 5.56%
Return on Assets (ROA) 3.75% 2.70% 4.18% 2.77% 4.24% 2.66%
Current Ratio 0.6352 0.4943 0.3785 0.471 0.4714 0.3104
Debt-to-Equity 0.6171 0.6459 0.4957 0.5247 0.5253 0.6077
Effective Tax Rate 22.63% 24.71% 20.89% 16.52% 23.34% 24.42%
Cash Conversion Ratio 0.9577 1.5399 0.6094 1.9756 1.3392 1.8536
Accruals Ratio 0.0016 -0.0146 0.0163 -0.027 -0.0144 -0.0227
SBC % of Revenue 0.58% 0.64% 0.78% 0.37% 0.69% 0.73%
CapEx Coverage 4.0967 3.9414 3.1271 8.0368 6.7943 5.3275
Free Cash Flow Per Share $1.10 $1.21 $0.64 $1.74 $1.72 $1.40

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 18.3072 30.5905 21.4968 35.3069 24.5733 34.4086
P/FCF 25.3645 26.5389 51.9084 20.5072 21.4739 22.8099
FCF Yield 3.94% 3.77% 1.93% 4.88% 4.66% 4.38%
EV / EBITDA 13.0958 19.4902 16.358 20.9295 19.6192 20.8566
P/S 2.2921 2.8386 3.1274 3.5728 4.1214 3.8761
P/B 1.4915 1.7975 1.8044 1.9989 2.0932 1.8898

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue from Contract with Customer, Excluding Assessed Tax 16.60B 15.35B 14.81B 14.06B 12.68B 11.62B
Cost of Goods and Services Sold 7.60B 6.82B 6.73B 6.73B 5.71B 5.13B
Gross Profit 9.00B 8.53B 8.08B 7.32B 6.98B 6.49B
Research and Development Expense 70.00M 70.00M 66.00M 65.00M 66.00M 69.00M
Selling, General and Administrative Expense 5.35B 5.01B 4.91B 4.64B 4.15B 3.98B
Operating Income (Loss) 3.58B 2.59B 3.19B 2.60B 2.89B 2.48B
Income Tax Expense (Benefit) 608.00M 473.00M 576.00M 284.00M 653.00M 428.00M
Net Income (Loss) Attributable to Parent 2.08B 1.44B 2.18B 1.44B 2.15B 1.32B
Earnings Per Share, Basic $1.53 $1.06 $1.56 $1.01 $1.52 $0.94
Weighted Average Number of Shares Outstanding, Basic 1.36B 1.36B 1.40B 1.42B 1.42B 1.41B
Earnings Per Share, Diluted $1.53 $1.05 $1.55 $1.01 $1.50 $0.93
Weighted Average Number of Shares Outstanding, Diluted 1.36B 1.37B 1.41B 1.43B 1.43B 1.42B

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 1.03B 510.00M 267.00M 535.00M 567.00M 240.00M
Assets, Current 5.27B 4.00B 3.38B 3.80B 3.06B 2.39B
Assets 55.46B 53.43B 52.13B 51.84B 50.60B 49.78B
Long-term Debt — — — 11.57B 11.73B 13.49B
Liabilities, Current 8.29B 8.09B 8.92B 8.08B 6.49B 7.69B
Long-term Debt, Excluding Current Maturities 13.04B 12.91B 9.95B 11.07B 11.58B 11.14B
Liabilities 29.94B 29.19B 26.45B 26.71B 25.63B 25.95B
Stockholders' Equity Attributable to Parent 25.52B 24.24B 25.68B 25.13B 24.97B 23.83B
Common Stock, Shares, Outstanding 1.36B 1.36B 1.39B 1.41B 1.42B 1.41B

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 1.99B 2.22B 1.33B 2.84B 2.87B 2.46B
Payments to Acquire Property, Plant, and Equipment 486.00M 563.00M 425.00M 353.00M 423.00M 461.00M
Net Cash Provided by (Used in) Investing Activities -573.00M -1.61B -784.00M -1.14B 210.00M -316.00M
Payments for Repurchase of Common Stock 9.00M 1.11B 706.00M 379.00M 0 0
Payments of Dividends 1.25B 1.19B 1.14B 1.08B 955.00M 846.00M
Net Cash Provided by (Used in) Financing Activities -999.00M -223.00M -832.00M -1.73B -2.76B -1.99B

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Income Statement

26 concepts 3 units
Unit US$ · 20 concepts
Label Value Period
Other Operating Income (Expense), Net 0 2026-01-01 → 2026-03-31
Revenue from Contract with Customer, Excluding Assessed Tax 3.98B 2026-01-01 → 2026-03-31
Amortization of Debt Issuance Costs 98.00M 2026-01-01 → 2026-03-31
Interest Income (Expense), Net -281.00M 2026-01-01 → 2026-03-31
Provision for Other Losses 11.00M 2026-01-01 → 2026-03-31
Cost of Goods and Services Sold 1.88B 2026-01-01 → 2026-03-31
Gross Profit 2.10B 2026-01-01 → 2026-03-31
Amortization of Intangible Assets 37.00M 2026-01-01 → 2026-03-31
Finance Lease, Right-of-Use Asset, Amortization 30.00M 2026-01-01 → 2026-03-31
Amortization of Other Deferred Charges 34.00M 2026-01-01 → 2026-03-31
Selling, General and Administrative Expense 1.34B 2026-01-01 → 2026-03-31
Gain (Loss) on Disposition of Property Plant Equipment -10.00M 2026-01-01 → 2026-03-31
Operating Income (Loss) 756.00M 2026-01-01 → 2026-03-31
Other Nonoperating Income (Expense) -118.00M 2026-01-01 → 2026-03-31
Finance Lease, Interest Expense 12.00M 2026-01-01 → 2026-03-31
Income (Loss) from Equity Method Investments 16.00M 2026-01-01 → 2026-03-31
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 357.00M 2026-01-01 → 2026-03-31
Income Tax Expense (Benefit) 87.00M 2026-01-01 → 2026-03-31
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 270.00M 2026-01-01 → 2026-03-31
Net Income (Loss) Attributable to Parent 270.00M 2026-01-01 → 2026-03-31
Unit shares · 3 concepts
Label Value Period
Weighted Average Number of Shares Outstanding, Basic 1.36B 2026-01-01 → 2026-03-31
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 4.70M 2026-01-01 → 2026-03-31
Weighted Average Number of Shares Outstanding, Diluted 1.36B 2026-01-01 → 2026-03-31
Unit US$ / share · 3 concepts
Label Value Period
Earnings Per Share, Basic $0.20 2026-01-01 → 2026-03-31
Earnings Per Share, Diluted $0.20 2026-01-01 → 2026-03-31
Common Stock, Dividends, Per Share, Declared $0.23 2026-01-01 → 2026-03-31

Comprehensive Income

8 concepts 1 unit
Unit US$ · 8 concepts
Label Value Period
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax -242.00M 2026-01-01 → 2026-03-31
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax 3.00M 2026-01-01 → 2026-03-31
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax 27.00M 2026-01-01 → 2026-03-31
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent -218.00M 2026-01-01 → 2026-03-31
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 52.00M 2026-01-01 → 2026-03-31
Other Comprehensive Income (Loss), Net of Tax -218.00M 2026-01-01 → 2026-03-31
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax 0 2026-01-01 → 2026-03-31
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, Tax -21.00M 2026-01-01 → 2026-03-31

Balance Sheet

58 concepts 3 units
Unit US$ · 47 concepts
Label Value Period
Cash and Cash Equivalents, at Carrying Value 898.00M as of 2026-03-31
Restricted Cash and Cash Equivalents, Current 17.82B as of 2026-03-31
Accounts Receivable, after Allowance for Credit Loss, Current 1.54B as of 2026-03-31
Inventory, Net 1.83B as of 2026-03-31
Assets, Current 23.13B as of 2026-03-31
Operating Lease, Right-of-Use Asset 837.00M as of 2026-03-31
Finance Lease, Right-of-Use Asset, after Accumulated Amortization 998.00M as of 2026-03-31
Property, Plant and Equipment, Net 3.25B as of 2026-03-31
Equity Method Investments 1.70B as of 2026-03-31
Goodwill 20.21B as of 2026-03-31
Indefinite-lived Intangible Assets (Excluding Goodwill) 22.55B as of 2026-03-31
Finite-Lived Intangible Assets, Gross 2.36B as of 2026-03-31
Finite-Lived Intangible Assets, Accumulated Amortization 1.27B as of 2026-03-31
Finite-Lived Intangible Assets, Net 1.10B as of 2026-03-31
Intangible Assets, Net (Excluding Goodwill) 23.65B as of 2026-03-31
Other Assets, Noncurrent 1.18B as of 2026-03-31
Dividends Payable 312.00M as of 2026-03-31
Deferred Income Tax Assets, Net 17.00M as of 2026-03-31
Operating Lease, Liability 889.00M as of 2026-03-31
Assets 73.14B as of 2026-03-31
Accounts Payable, Current 2.84B as of 2026-03-31
SupplierFinanceProgramObligationCurrent 1.47B as of 2026-03-31
Accrued Liabilities, Current 1.47B as of 2026-03-31
Finance Lease, Liability 999.00M as of 2026-03-31
Long-term Debt, Current Maturities 2.00B as of 2026-03-31
Finance Lease, Liability, Current 184.00M as of 2026-03-31
Debt, Current 4.82B as of 2026-03-31
Other Liabilities, Current 878.00M as of 2026-03-31
Liabilities, Current 10.03B as of 2026-03-31
Long-term Debt, Excluding Current Maturities 20.89B as of 2026-03-31
Finance Lease, Liability, Noncurrent 815.00M as of 2026-03-31
Deferred Income Tax Liabilities, Net 5.47B as of 2026-03-31
Financial Instruments Subject to Mandatory Redemption, Settlement Terms, Share Value, Amount, Noncurrent 899.00M as of 2026-03-31
Other Liabilities, Noncurrent 3.16B as of 2026-03-31
Operating Lease, Liability, Noncurrent 753.00M as of 2026-03-31
Liabilities 39.54B as of 2026-03-31
Temporary Equity, Carrying Amount, Attributable to Parent 4.42B as of 2026-03-31
Temporary Equity, Liquidation Preference 4.50B as of 2026-03-31
Preferred Stock, Value, Issued 0 as of 2026-03-31
Common Stock, Value, Issued 14.00M as of 2026-03-31
Additional Paid in Capital, Common Stock 19.78B as of 2026-03-31
Accumulated Other Comprehensive Income (Loss), Net of Tax -116.00M as of 2026-03-31
Retained Earnings (Accumulated Deficit) 5.58B as of 2026-03-31
Stockholders' Equity Attributable to Parent 25.26B as of 2026-03-31
Stockholders' Equity Attributable to Noncontrolling Interest 3.92B as of 2026-03-31
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 29.18B as of 2026-03-31
Liabilities and Equity 73.14B as of 2026-03-31
Unit shares · 8 concepts
Label Value Period
Temporary Equity, Shares Authorized 4.50M as of 2026-03-31
Temporary Equity, Shares Issued 4.50M as of 2026-03-31
Temporary Equity, Shares Outstanding 4.50M as of 2026-03-31
Preferred Stock, Shares Authorized 10.50M as of 2026-03-31
Preferred Stock, Shares Issued 0 as of 2026-03-31
Common Stock, Shares Authorized 2.00B as of 2026-03-31
Common Stock, Shares, Issued 1.36B as of 2026-03-31
Common Stock, Shares, Outstanding 1.36B as of 2026-03-31
Unit US$ / share · 3 concepts
Label Value Period
Temporary Equity, Par or Stated Value Per Share $0.01 as of 2026-03-31
Preferred Stock, Par or Stated Value Per Share $0.01 as of 2026-03-31
Common Stock, Par or Stated Value Per Share $0.01 as of 2026-03-31

Cash Flow Statement

38 concepts 1 unit
Unit US$ · 38 concepts
Label Value Period
Unrealized Gain (Loss) on Derivatives and Commodity Contracts 64.00M 2026-01-01 → 2026-03-31
Depreciation 114.00M 2026-01-01 → 2026-03-31
Foreign Currency Transaction Gain (Loss), Unrealized 20.00M 2026-01-01 → 2026-03-31
Share-based Payment Arrangement, Noncash Expense 30.00M 2026-01-01 → 2026-03-31
Finance Lease, Interest Payment on Liability 12.00M 2026-01-01 → 2026-03-31
Operating Lease, Payments 40.00M 2026-01-01 → 2026-03-31
Interest Paid, Excluding Capitalized Interest, Operating Activities 97.00M 2026-01-01 → 2026-03-31
Deferred Income Taxes and Tax Credits 4.00M 2026-01-01 → 2026-03-31
Income Taxes Paid, Net 47.00M 2026-01-01 → 2026-03-31
Other Noncash Income (Expense) 14.00M 2026-01-01 → 2026-03-31
Increase (Decrease) in Accounts Receivable -118.00M 2026-01-01 → 2026-03-31
Capital Expenditures Incurred but Not yet Paid 130.00M 2026-01-01 → 2026-03-31
Increase (Decrease) in Inventories 101.00M 2026-01-01 → 2026-03-31
Increase (Decrease) in Other Operating Assets 216.00M 2026-01-01 → 2026-03-31
Increase (Decrease) in Other Accounts Payable and Accrued Liabilities -129.00M 2026-01-01 → 2026-03-31
Increase (Decrease) in Income Taxes Payable 43.00M 2026-01-01 → 2026-03-31
Increase (Decrease) in Other Operating Liabilities 10.00M 2026-01-01 → 2026-03-31
Increase (Decrease) in Operating Capital 275.00M 2026-01-01 → 2026-03-31
Net Cash Provided by (Used in) Operating Activities 281.00M 2026-01-01 → 2026-03-31
Payments to Acquire Property, Plant, and Equipment 116.00M 2026-01-01 → 2026-03-31
Payments to Acquire Intangible Assets 2.00M 2026-01-01 → 2026-03-31
Proceeds from Sale of Property, Plant, and Equipment 19.00M 2026-01-01 → 2026-03-31
Payments for (Proceeds from) Other Investing Activities -1.00M 2026-01-01 → 2026-03-31
Net Cash Provided by (Used in) Investing Activities -98.00M 2026-01-01 → 2026-03-31
Proceeds from (Repayments of) Commercial Paper -21.00M 2026-01-01 → 2026-03-31
Proceeds from Notes Payable 3.00M 2026-01-01 → 2026-03-31
Repayments of Notes Payable 7.00M 2026-01-01 → 2026-03-31
Proceeds from Issuance of Senior Long-term Debt 6.00B 2026-01-01 → 2026-03-31
Finance Lease, Principal Payments 34.00M 2026-01-01 → 2026-03-31
Payments of Debt Issuance Costs 28.00M 2026-01-01 → 2026-03-31
Proceeds from Issuance of Convertible Preferred Stock 4.49B 2026-01-01 → 2026-03-31
Payments of Dividends 312.00M 2026-01-01 → 2026-03-31
Payment, Tax Withholding, Share-based Payment Arrangement 25.00M 2026-01-01 → 2026-03-31
Proceeds from (Payments for) Other Financing Activities -3.00M 2026-01-01 → 2026-03-31
Net Cash Provided by (Used in) Financing Activities 17.64B 2026-01-01 → 2026-03-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect 17.82B 2026-01-01 → 2026-03-31
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents -150.00M 2026-01-01 → 2026-03-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 18.72B as of 2026-03-31

Stockholders' Equity

1 concepts 1 unit
Unit US$ · 1 concept
Label Value Period
Noncontrolling Interest, Increase from Sale of Parent Equity Interest 4.00B 2026-01-01 → 2026-03-31

Notes

41 concepts 4 units
Unit US$ · 36 concepts
Label Value Period
Finance Lease, Right-of-Use Asset, Accumulated Amortization 453.00M as of 2026-03-31
Operating Lease, Liability, Current 136.00M as of 2026-03-31
Prepaid Expense and Other Assets, Current 1.05B as of 2026-03-31
Share-based Payment Arrangement, Expense 30.00M 2026-01-01 → 2026-03-31
Share-based Payment Arrangement, Expense, after Tax 25.00M 2026-01-01 → 2026-03-31
Share-based Payment Arrangement, Expense, Tax Benefit 5.00M 2026-01-01 → 2026-03-31
Inventory, Finished Goods, Net of Reserves 1.10B as of 2026-03-31
Inventory, Work in Process, Net of Reserves 10.00M as of 2026-03-31
Inventory, Raw Materials, Net of Reserves 722.00M as of 2026-03-31
Interest Income (Expense), Nonoperating, Net -281.00M 2026-01-01 → 2026-03-31
Other Intangible Assets, Net 23.65B as of 2026-03-31
APIC, Share-based Payment Arrangement, Recognition and Exercise 30.00M 2026-01-01 → 2026-03-31
Goodwill, Foreign Currency Translation Gain (Loss) -37.00M 2026-01-01 → 2026-03-31
Operating Lease, Cost 45.00M 2026-01-01 → 2026-03-31
Variable Lease, Cost 10.00M 2026-01-01 → 2026-03-31
Lease, Cost 97.00M 2026-01-01 → 2026-03-31
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability 109.00M 2026-01-01 → 2026-03-31
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 27.00M 2026-01-01 → 2026-03-31
Finance Lease, Liability, to be Paid, Year One 151.00M as of 2026-03-31
Finance Lease, Liability, to be Paid, Year Two 140.00M as of 2026-03-31
Finance Lease, Liability, to be Paid, Year Three 134.00M as of 2026-03-31
Finance Lease, Liability, to be Paid, Year Four 124.00M as of 2026-03-31
Finance Lease, Liability, to be Paid, Year Five 95.00M as of 2026-03-31
Finance Lease, Liability, to be Paid, after Year Five 403.00M as of 2026-03-31
Finance Lease, Liability, Payment, Due 1.24B as of 2026-03-31
Finance Lease, Liability, to be Paid, Remainder of Fiscal Year 189.00M as of 2026-03-31
Finance Lease, Liability, Undiscounted Excess Amount 237.00M as of 2026-03-31
Lessee, Operating Lease, Liability, to be Paid, Year One 160.00M as of 2026-03-31
Lessee, Operating Lease, Liability, to be Paid, Year Two 130.00M as of 2026-03-31
Lessee, Operating Lease, Liability, to be Paid, Year Three 120.00M as of 2026-03-31
Lessee, Operating Lease, Liability, to be Paid, Year Four 111.00M as of 2026-03-31
Lessee, Operating Lease, Liability, to be Paid, Year Five 94.00M as of 2026-03-31
Lessee, Operating Lease, Liability, to be Paid, after Year Five 359.00M as of 2026-03-31
Lessee, Operating Lease, Liability, to be Paid 1.09B as of 2026-03-31
Lessee, Operating Lease, Liability, to be Paid, Remainder of Fiscal Year 120.00M as of 2026-03-31
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 205.00M as of 2026-03-31
Unit shares · 1 concept
Label Value Period
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements 4.50M 2026-01-01 → 2026-03-31
Unit pure · 3 concepts
Label Value Period
Effective Income Tax Rate Reconciliation, Percent 0.244 2026-01-01 → 2026-03-31
Finance Lease, Weighted Average Discount Rate, Percent 0.049 as of 2026-03-31
Operating Lease, Weighted Average Discount Rate, Percent 0.053 as of 2026-03-31
Unit Reportable_segment · 1 concept
Label Value Period
Number of Reportable Segments 3 2026-01-01 → 2026-03-31

Other

1 concepts 1 unit
Unit US$ · 1 concept
Label Value Period
Dividends, Cash 312.00M 2026-01-01 → 2026-03-31

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (KDP CIK 0001418135), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.