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. In the quarter to June 2026, revenue grew 75.6%, EPS fell 90.0%, free cash flow grew 120.4% and total debt rose 115.4%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for five consecutive years, revenue growth for five; insiders bought in the last twelve months.

34.62 0.44 +1.29%
Market cap
$46.5B
P/E
35.0×
Fwd P/E
15.0×
Dividend yield
2.66%
F-score
7/9
Altman Z
1.35
Beneish M
−2.32
Dividend safety
40/100

Keurig Dr Pepper, Inc (KDP) Gross margin

Alert me on Gross margin

Keurig Dr Pepper, Inc's gross margin over the twelve months to 30 June 2026 was 49.4%, down 4.8 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 41.1% and above the Consumer Defensive sector median of 34.8%.

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)
Jun 2026 42.0% (10.82)
Mar 2026 52.8% (1.00)
Dec 2025 53.8% (0.57)
Sep 2025 54.3% 0.17
42 more quarters

Against its own ten years

Low 47.9% High 59.9%
Ten-year median 55.3%
Current reading's percentile 2

Gross margin against peers

Company Gross margin
KO CocaCola Company (The) compare 61.9%
MNST Monster Beverage Corporation compare 55.6%
PEP PepsiCo, Inc. compare 54.2%
KDP Keurig Dr Pepper, Inc 49.4%
CELH Celsius Holdings Inc. compare 48.8%
KOF Coca Cola Femsa S.A.B. de C.V. compare 46.4%
COCO Vita Coco Company, Inc. compare 41.1%
COKE Coca-Cola Consolidated, Inc. compare 39.1%
CCEP Coca-Cola Europacific Partners compare 36.0%
Beverages Non Alcoholic industry median 41.1%
Consumer Defensive sector median 34.8%
Market median 46.2%

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

The full definition of Gross margin →

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