Keurig Dr Pepper Inc. (KDP)
As-reported financials and recent SEC filings for Keurig Dr Pepper Inc., latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.
About Keurig Dr Pepper Inc.
Keurig Dr Pepper Inc. is a North American beverage company that manufactures, markets, distributes, and sells a wide range of hot and cold beverages along with single serve brewing systems. Its product portfolio includes well-known brands such as Dr Pepper, Canada Dry, Snapple, and Keurig brewing systems, serving consumers, retailers, and food service channels in the U.S., Canada, Mexico, and other international markets. The company operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International, offering products like beverage concentrates, syrups, finished beverages, single serve coffee pods, and brewers.
Snapshot
Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).
What changed at Keurig Dr Pepper
- Revenue grew 8.2% to $16.6B in FY2025, faster than the 3.6% the year before.
- Operating margin is 21.5% in FY2025, -1.3 pp against 22.8% in FY2021.
- Most recent quarter Q1 FY2026: revenue $4.0B, up 9.4% from Q1 FY2025.
- Free cash flow was $1.5B in FY2025, 9.1% of revenue.
- Net income rose 44.3% to $2.1B in FY2025.
Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.
Peer comparison
Where Keurig Dr Pepper’s fundamentals sit among the 113 Consumer Staples companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).
Keurig Dr Pepper’s operating margin of 21.5% ranks in the 92nd percentile of the 100 Consumer Staples companies reporting it. Keurig Dr Pepper’s gross margin of 54.2% ranks in the 88th percentile of the 97 Consumer Staples companies reporting it. Keurig Dr Pepper’s net margin of 12.5% ranks in the 86th percentile of the 105 Consumer Staples companies reporting it.
No open-market insider transactions recorded in the last 90 days. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →
Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.
Institutional ownership
Held by 4 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).
| Investor | As of | Position value | Shares | Change |
|---|---|---|---|---|
| Harris Associates (Oakmark) | Q1 2026 | $2.45B | 93.1M | Added |
| AQR Capital Managementquant | Q1 2026 | $124.7M | 4.7M | Reduced |
| Citadel Advisorsquant | Q1 2026 | $47.3M | 1.8M | Added |
| Gotham Asset Management | Q1 2026 | $26.0M | 989.2K | Reduced |
| Point72 Asset Managementquant | Q1 2026 | $25.9M | 982.8K | Reduced |
| Millennium Managementquant | Q1 2026 | $10.1M | 384.9K | Reduced |
| Two Sigma Investmentsquant | Q1 2026 | $2.2M | 83.1K | Added |
| Bridgewater Associates | Q1 2026 | $2.0M | 75.4K | Reduced |
| D. E. Shawquant | Q1 2026 | $1.6M | 59.7K | Added |
| Maverick Capital | Q1 2026 | $1.5M | 55.8K | Added |
From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.
Short interest
Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 2026-07-15 | 63.0M | -14.2% | 4.31 |
| 2026-06-30 | 73.4M | +9.6% | 3.70 |
| 2026-06-15 | 67.0M | +2.6% | 5.18 |
| 2026-05-29 | 65.3M | +8.2% | 5.78 |
| 2026-05-15 | 60.4M | +4.9% | 6.93 |
| 2026-04-30 | 57.5M | -7.5% | 4.07 |
| 2026-04-15 | 62.2M | +16.1% | 5.98 |
| 2026-03-31 | 53.6M | +31.5% | 5.09 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.
Income statement (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $16.60B | $15.35B | $14.81B | $14.06B | $12.68B |
| Gross profit | $9.00B | $8.53B | $8.08B | $7.32B | $6.98B |
| Operating income | $3.58B | $2.59B | $3.19B | $2.60B | $2.89B |
| Net income | $2.08B | $1.44B | $2.18B | $1.44B | $2.15B |
| Diluted EPS | $1.53 | $1.05 | $1.55 | $1.01 | $1.50 |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.
Balance sheet (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | $1.03B | $510.0M | $267.0M | $535.0M | $567.0M |
| Current assets | $5.27B | $4.00B | $3.38B | $3.80B | $3.06B |
| Total assets | $55.46B | $53.43B | $52.13B | $51.84B | $50.60B |
| Current liabilities | $8.29B | $8.09B | $8.92B | $8.08B | $6.49B |
| Long-term debt | $13.04B | $12.91B | $9.95B | $11.07B | $11.58B |
| Total liabilities | $29.94B | $29.19B | $26.45B | $26.71B | $25.63B |
| Total equity | $25.52B | $24.24B | $25.68B | $25.13B | $24.97B |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.
Cash flow (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Operating cash flow | $1.99B | $2.22B | $1.33B | $2.84B | $2.87B |
| Capital expenditure | $486.0M | $563.0M | $425.0M | $353.0M | $423.0M |
| Free cash flow | $1.50B | $1.66B | $904.0M | $2.48B | $2.45B |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.
Quarterly trend (as reported)
| Quarter | Revenue | Revenue YoY | Net income | Diluted EPS |
|---|---|---|---|---|
| Q1 FY2026 | $3.98B | 9.4% | $270.0M | $0.20 |
| Q4 FY2025 | $4.50B | 10.5% | $353.0M | $0.26 |
| Q3 FY2025 | $4.31B | 10.7% | $662.0M | $0.49 |
| Q2 FY2025 | $4.16B | 6.1% | $547.0M | $0.40 |
| Q1 FY2025 | $3.63B | 4.8% | $517.0M | $0.38 |
| Q4 FY2024 | $4.07B | 5.2% | $-144.0M | $-0.11 |
| Q3 FY2024 | $3.89B | 2.3% | $616.0M | $0.45 |
| Q2 FY2024 | $3.92B | 3.5% | $515.0M | $0.38 |
Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.
Company facts
Recent SEC filings
Largest Consumer Staples peers
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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.