Keurig Dr Pepper, Inc
KDP Consumer Defensive Beverages Non Alcoholic
Keurig Dr Pepper, Inc’s revenue for fiscal 2025 (year ended December 2025) was $16.6 billion, up 8.16% from fiscal 2024.
- Revenue
- +70.6%
- EPS
- +42.8%
- Free cash flow
- +91.3%
- Total debt
- +59.6%
Quarter to September 2026, against a year earlier
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Keurig Dr Pepper, Inc (KDP) Gross margin
Keurig Dr Pepper, Inc's gross margin over the twelve months to 30 September 2026 was 48.0%, down 6.2 percentage points from fiscal 2025 (54.2%). Over the past ten years it has ranged from 47.9% (fiscal 2017) to 59.9% (fiscal 2016); the current reading is higher than 33% of that period. That is above the Beverages Non Alcoholic industry median of 41.5% and above the Consumer Defensive sector median of 34.6%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 54.2% | (1.36) |
| FY2024 | 55.6% | 1.02 |
| FY2023 | 54.5% | 2.44 |
| FY2022 | 52.1% | (2.91) |
| FY2021 | 55.0% | (0.82) |
| FY2020 | 55.8% | (1.20) |
| FY2019 | 57.0% | 4.87 |
| FY2018 | 52.2% | (7.56) |
| FY2017 | 59.7% | 11.84 |
| FY2017 | 47.9% | (12.03) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 48.0% | 6.05 |
| Jun 2026 | 42.0% | (10.82) |
| Mar 2026 | 52.8% | (1.00) |
| Dec 2025 | 53.8% | (0.57) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| KO CocaCola Company (The) compare | 62.3% |
| MNST Monster Beverage Corporation compare | 55.6% |
| PEP PepsiCo, Inc. compare | 54.2% |
| KDP Keurig Dr Pepper, Inc | 48.0% |
| CELH Celsius Holdings Inc. compare | 47.6% |
| KOF Coca Cola Femsa S.A.B. de C.V. compare | 46.7% |
| COCO Vita Coco Company, Inc. compare | 41.0% |
| COKE Coca-Cola Consolidated, Inc. compare | 38.9% |
| CCEP Coca-Cola Europacific Partners compare | 36.0% |
| Beverages Non Alcoholic industry median | 41.5% |
| Consumer Defensive sector median | 34.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on KDP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement