Coca-Cola Consolidated, Inc. (COKE) vs Keurig Dr Pepper, Inc (KDP)

Coca-Cola Consolidated, Inc. and Keurig Dr Pepper, Inc are both Beverages Non Alcoholic companies. Keurig Dr Pepper, Inc is the larger, with a market value of $42.0B against $12.7B — 3.3× the size. Coca-Cola Consolidated, Inc. trades at the lower P/E: 25.2× against 32.3×. Keurig Dr Pepper, Inc grew revenue faster over the last twelve months: 27.5% against 10.7%. Coca-Cola Consolidated, Inc. has the higher net margin (7.15% vs 6.69%) and the higher return on invested capital (33.8% vs 3.53%). Both pay a dividend; Keurig Dr Pepper, Inc yields more (2.61% vs 0.23%). Across the 22 metrics below, Coca-Cola Consolidated, Inc. leads on 16 and Keurig Dr Pepper, Inc on 6.

Valuation

Metric COKE KDP Beverages Non Alcoholic median
P/E 25.19 32.27 21.29
P/S 1.65 2.16 1.65
P/B n/m 1.49 4.58
Price to free cash flow 19.65 21.90 20.78
EV/EBITDA 12.22 15.52 11.71
EV/Sales 1.95 3.58 2.05
Earnings yield 3.97% 3.10% 3.53%
Free cash flow yield 5.09% 4.57% 4.40%

Profitability

Metric COKE KDP Beverages Non Alcoholic median
Gross margin 39.11% 49.39% 41.13%
Operating margin 12.97% 16.23% 13.39%
Net margin 7.15% 6.69% 8.35%
Free cash flow margin 8.38% 9.88% 8.38%
Return on equity 97.33% 4.96% 23.98%
Return on assets 11.03% 1.89% 8.96%
Return on invested capital 33.84% 3.53% 14.10%

Growth

Metric COKE KDP Beverages Non Alcoholic median
Revenue growth (TTM) 10.71% 27.48% 10.11%
EPS growth (last fiscal year) (2.01%) 45.71% —
Revenue growth, 5-year CAGR 7.62% 7.40% 10.75%
Net income growth, 5-year CAGR 27.03% 9.43% 10.26%

Health

Metric COKE KDP Beverages Non Alcoholic median
Debt to equity (5.03) 1.03 0.00
Current ratio 1.21 0.48 1.30
Net debt to EBITDA 2.14 2.77 0.08

Dividend

Metric COKE KDP Beverages Non Alcoholic median
Dividend yield 0.23% 2.61% 3.00%
Payout ratio 0.03 0.71 0.03

Size

Metric COKE KDP Beverages Non Alcoholic median
Market cap 12.65b 41.95b 3.40b

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