Keurig Dr Pepper Inc. logo KDP - Keurig Dr Pepper Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 15
HOLD 13
SELL 0
STRONG
SELL 0
| PRICE TARGET: $32.33 DETAILS
HIGH: $38.00
LOW: $28.00
MEDIAN: $32.00
CONSENSUS: $32.33
UPSIDE: 11.02%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Revenue
Revenue 16,603 15,351 14,814 14,057 12,683 11,618 11,120 7,442 6,690 6,440 6,282 6,121 5,997 5,995 5,903 5,636 5,531 5,710 5,748 4,735 3,205 3,065
Cost of Revenue 7,902 6,822 6,734 6,734 5,706 5,132 4,778 3,560 2,695 2,582 2,559 2,491 2,499 2,500 2,485 2,243 2,234 2,590 2,617 1,994 1,120 1,051
Gross Profit 8,701 8,529 8,080 7,323 6,977 6,486 6,342 3,882 3,995 3,858 3,723 3,630 3,498 3,495 3,418 3,393 3,297 3,120 3,131 2,741 2,085 2,014
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 5,053 5,013 4,912 4,645 4,153 3,978 3,962 2,635 2,556 2,329 2,313 2,334 2,328 2,268 2,257 2,233 2,135 2,075 2,018 1,659 1,179 1,135
Other Expenses 0 925 (24) 73 (70) 28 2 10 51 96 112 116 124 135 137 135 77 1,213 109 64 0 45
Operating Expenses 5,053 5,938 4,888 4,718 4,083 4,006 3,964 2,645 2,607 2,425 2,425 2,450 2,452 2,403 2,394 2,368 2,212 3,288 2,127 1,723 1,179 1,180
Operating Income
Operating Income 3,648 2,591 3,192 2,605 2,894 2,480 2,378 1,237 1,388 1,433 1,298 1,180 1,046 1,092 1,024 1,025 1,085 (168) 1,004 1,018 906 834
Interest Expense 754 684 596 468 525 597 647 446 168 140 126 117 125 132 125 141 197 257 253 257 210 177
Interest Income 0 0 0 0 0 0 0 0 3 3 2 2 2 2 3 3 4 32 64 46 40 0
Profitability
EBITDA 4,194 3,382 3,973 3,121 4,006 3,010 3,006 1,677 1,566 1,654 1,528 1,417 899 1,343 1,271 1,177 1,318 77 1,173 1,184 995 870
EBIT 3,441 2,649 3,253 2,412 3,298 2,357 2,348 1,243 1,337 1,430 1,301 1,182 665 1,103 1,039 949 1,111 (118) 1,004 1,045 916 870
Income Before Tax 2,687 1,914 2,757 1,719 2,798 1,753 1,694 791 1,171 1,281 1,184 1,074 543 978 926 822 870 (373) 819 808 808 716
Income Tax Expense 608 473 576 284 653 428 440 202 95 434 420 371 (81) 349 320 294 315 (61) 322 298 321 270
Net Income 2,079 1,441 2,181 1,436 2,146 1,325 1,254 586 1,076 847 764 703 624 629 606 528 555 (312) 497 510 477 446
Per Share Data
EPS (Basic) 1.53 1.06 1.56 1.01 1.52 0.94 0.89 0.54 5.91 4.57 4.00 3.59 3.08 2.99 2.77 2.19 2.18 -1.23 1.79 2.01 1.88 1.76
EPS (Diluted) 1.53 1.05 1.55 1.01 1.50 0.93 0.88 0.53 5.89 4.54 3.97 3.56 3.05 2.96 2.74 2.17 2.17 -1.23 1.79 2.01 1.88 1.76
Shares Outstanding 1,358.1 1,362.2 1,399.3 1,416.8 1,415.7 1,407.2 1,406.7 1,086.3 182 185.4 190.9 193.0 202.9 205.3 218.7 240.4 254.2 254 253.5 253.5 253.7 253.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004
Current Assets
Cash & Cash Equivalents 1,026 510 267 535 567 240 75 83 61 1,787 280 214 19
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 1,671 1,723 1,519 1,668 1,274 1,144 1,184 1,223 710 646 572 532 0
Inventory 1,733 1,299 1,142 1,314 894 762 654 626 229 202 262 263 0
Other Current Assets 836 403 231 219 305 227 343 198 110 83 53 144 (19)
Total Current Assets 5,266 3,997 3,375 3,804 3,057 2,388 2,273 2,159 1,117 2,736 1,279 1,237 19
Non-Current Assets
Property, Plant & Equipment 3,230 3,844 3,575 3,372 3,167 2,857 2,525 2,310 1,198 1,138 1,109 990 0
Goodwill 20,247 20,053 20,202 20,072 20,182 20,184 20,172 20,011 3,561 2,993 2,983 2,983 0
Intangible Assets 23,725 23,634 23,287 23,183 23,856 23,968 24,117 23,967 3,781 2,656 2,702 2,712 0
Long-Term Investments 1,660 1,632 1,456 1,049 89 130 192 231 73 74 9 12 0
Other Non-Current Assets 1,295 231 204 322 205 207 210 214 230 132 543 564 0
Total Non-Current Assets 50,193 49,433 48,755 48,033 47,541 47,391 47,245 46,759 8,905 7,055 7,497 7,401 0
Total Assets 55,459 53,430 52,130 51,837 50,598 49,779 49,518 48,918 10,022 9,791 8,776 8,638 7,625
Current Liabilities
Account Payables 2,996 2,985 3,597 5,206 4,316 3,740 3,176 2,300 365 303 850 234 0
Short-Term Debt 3,105 2,642 3,246 895 304 2,345 1,593 1,458 66 0 0 5 0
Deferred Revenue 0 0 0 0 0 0 0 0 64 64 0 0 0
Other Current Liabilities 2,189 495 424 421 309 299 270 362 596 549 (150) 413 0
Total Current Liabilities 8,290 8,087 8,916 8,076 6,485 7,694 6,474 5,702 1,238 1,051 854 801 0
Non-Current Liabilities
Long-Term Debt 13,036 12,912 9,945 11,072 11,578 11,143 12,827 14,201 4,230 4,325 2,960 3,522 3,468
Deferred Tax Liabilities 5,526 5,435 5,760 5,739 5,986 5,993 6,030 5,923 614 812 1,038 981 0
Other Non-Current Liabilities 3,091 1,286 420 404 348 241 234 254 264 209 737 727 (3,468)
Total Non-Current Liabilities 21,653 21,100 17,538 18,636 19,141 18,255 19,787 20,683 6,333 6,606 4,735 5,230 0
Total Liabilities 29,943 29,187 26,454 26,712 25,626 25,949 26,261 26,385 7,571 7,657 5,589 6,031 5,519
Stockholders' Equity
Common Stock 14 14 14 14 14 14 14 14 2 2 3 3 0
Retained Earnings 5,622 4,793 4,559 3,539 3,199 2,061 1,582 1,178 2,651 2,266 87 (430) 0
Accumulated Other Comprehensive Income 102 (276) 315 129 (26) 77 104 (130) (202) (229) (59) (106) 0
Total Stockholders' Equity 25,516 24,243 25,676 25,126 24,972 23,829 23,257 22,533 2,451 2,134 3,187 2,607 2,106
Total Liabilities & Equity 55,459 53,430 52,130 51,837 50,598 49,779 49,518 48,918 10,022 9,791 8,776 8,638 7,625
Debt Metrics
Total Debt 16,141 17,274 14,824 13,583 13,266 14,482 15,226 15,990 4,479 4,478 2,960 3,527 3,468
Net Debt 15,115 16,764 14,557 13,048 12,699 14,242 15,151 15,907 4,418 2,691 2,680 3,313 3,449
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004
Operating Activities
Net Income 2,079 1,441 2,181 1,436 2,146 1,325 1,254 589 1,076 847 477 446
Depreciation & Amortization 753 733 720 709 708 653 698 462 229 224 79 0
Stock-Based Compensation 97 98 116 52 88 85 64 35 36 45 0 0
Change in Working Capital (1,003) (591) (1,747) (275) 351 166 366 457 (45) (98) (10) 0
Other Non-Cash Items 20 792 63 1,204 (450) 278 115 151 (57) (108) (19) 164
Operating Cash Flow 1,991 2,219 1,329 2,837 2,874 2,456 2,474 1,613 1,038 939 583 610
Investing Activities
Capital Expenditure (486) (563) (481) (379) (455) (517) (365) (180) (208) (182) (44) (71)
Acquisitions (149) (1,000) (316) (912) 578 (5) (24) (18,984) (1,555) (4) 0 0
Purchases of Investments 0 0 0 (962) (578) (5) (16) (39) (3) (1) 0 0
Sales/Maturities of Investments 0 0 0 50 578 5 16 35 0 4 36 0
Other Investing Activities 62 (51) 13 1,068 87 206 239 33 (3) (6) 291 255
Investing Cash Flow (573) (1,614) (784) (1,135) 210 (316) (150) (19,131) (1,763) (189) 283 184
Financing Activities
Net Debt Issuance 575 2,245 1,084 (205) (1,775) (1,173) (1,525) 8,316 (84) 1,031 (155) 0
Stock Repurchased (9) (1,110) (706) (379) 0 0 0 0 (399) (519) 0 0
Dividends Paid (1,250) (1,194) (1,142) (1,080) (955) (846) (844) (232) (414) (386) 0 0
Other Financing Activities (315) (164) (68) (49) (172) 0 5 493 (30) (10) (660) (799)
Financing Cash Flow (999) (223) (832) (1,728) (2,762) (1,990) (2,364) 17,577 (907) 130 (815) (799)
Cash Position
Net Change in Cash 454 341 (268) (33) 313 144 (28) 44 (1,629) 876 9 (5)
Cash at Beginning 590 267 535 568 255 111 139 95 1,787 911 19 0
Cash at End 1,044 608 267 535 568 255 111 139 158 1,787 28 (5)
Free Cash Flow 1,505 1,656 848 2,458 2,419 1,939 2,109 1,433 830 757 539 539
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Income Statement
Revenue 16,603 15,351 14,814 14,057 12,683 11,618 11,120 7,442 6,690 6,440 6,282 6,121 5,997 5,995 5,903 5,636 5,531 5,710 5,748 4,735 3,205 3,065
Gross Profit 8,701 8,529 8,080 7,323 6,977 6,486 6,342 3,882 3,995 3,858 3,723 3,630 3,498 3,495 3,418 3,393 3,297 3,120 3,131 2,741 2,085 2,014
Operating Income 3,648 2,591 3,192 2,605 2,894 2,480 2,378 1,237 1,388 1,433 1,298 1,180 1,046 1,092 1,024 1,025 1,085 (168) 1,004 1,018 906 834
Net Income 2,079 1,441 2,181 1,436 2,146 1,325 1,254 586 1,076 847 764 703 624 629 606 528 555 (312) 497 510 477 446
EPS (Diluted) 1.53 1.05 1.55 1.01 1.50 0.93 0.88 0.53 5.89 4.54 3.97 3.56 3.05 2.96 2.74 2.17 2.17 -1.23 1.79 2.01 1.88 1.76
Balance Sheet
Cash & Equivalents 1,026 510 267 535 567 240 75 83 61 1,787 280 214 19
Total Assets 55,459 53,430 52,130 51,837 50,598 49,779 49,518 48,918 10,022 9,791 8,776 8,638 7,625
Total Debt 16,141 17,274 14,824 13,583 13,266 14,482 15,226 15,990 4,479 4,478 2,960 3,527 3,468
Stockholders' Equity 25,516 24,243 25,676 25,126 24,972 23,829 23,257 22,533 2,451 2,134 3,187 2,607 2,106
Cash Flow
Operating Cash Flow 1,991 2,219 1,329 2,837 2,874 2,456 2,474 1,613 1,038 939 583 610
Capital Expenditure (486) (563) (481) (379) (455) (517) (365) (180) (208) (182) (44) (71)
Free Cash Flow 1,505 1,656 848 2,458 2,419 1,939 2,109 1,433 830 757 539 539