Keurig Dr Pepper, Inc KDP

31.95 1.07 3.47% as of 25 Sep
Market cap
$42.0B
P/E
32.3×
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Keurig Dr Pepper, Inc (KDP) Operating margin

Keurig Dr Pepper, Inc's operating margin over the twelve months to 30 June 2026 was 16.2%, down 5.3 percentage points from fiscal 2025 (21.5%). Over the past ten years it has ranged from 16.6% (fiscal 2018) to 22.8% (fiscal 2021); the current reading is higher than 75% of that period. That is above the Beverages Non Alcoholic industry median of 13.4% and above the Consumer Defensive sector median of 1.81%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 21.5% 4.65
FY2024 16.9% (4.67)
FY2023 21.6% 3.02
FY2022 18.5% (4.29)
FY2021 22.8% 1.47
FY2020 21.4% (0.03)
FY2019 21.4% 4.76
FY2018 16.6% (4.13)
FY2017 20.8% (0.26)
FY2017 21.0% (1.24)

Quarterly

Period Operating margin Change (points)
Jun 2026 8.59% (10.42)
Mar 2026 19.0% (0.57)
Dec 2025 19.6% (3.53)
Sep 2025 23.1% 1.54
42 more quarters

Against its own ten years

Low 16.6% High 22.8%
Ten-year median 21.2%
Current reading's percentile 75

Operating margin against peers

Company Operating margin
KO CocaCola Company (The) compare 29.6%
MNST Monster Beverage Corporation compare 29.2%
COCO Vita Coco Company, Inc. compare 19.1%
KDP Keurig Dr Pepper, Inc 16.2%
PEP PepsiCo, Inc. compare 14.8%
KOF Coca Cola Femsa S.A.B. de C.V. compare 14.4%
COKE Coca-Cola Consolidated, Inc. compare 13.0%
CELH Celsius Holdings Inc. compare 5.26%
CCEP Coca-Cola Europacific Partners compare 0.00%
Beverages Non Alcoholic industry median 13.4%
Consumer Defensive sector median 1.81%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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