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Keurig Dr Pepper Inc.'s published Strong Buy conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $41.3B | |
|---|---|---|
| Revenue (ttm) | 20.1B | |
| Net income (ttm) | 1.3B | |
| EPS (ttm) | $0.99 | |
| Shares out | 1.4B | |
| P/E (trailing) | 35.3x | |
| P/E (forward) | 12.4x | |
| Dividend | $0.92 (2.63%) | |
| Volume | 9,640,201 | |
| Beta | 0.41 |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Trend |
| Revenue | $12.68B | $14.06B | $14.81B | $15.35B | $16.60B | +7.0% |
| Gross profit | $6.98B | $7.32B | $8.08B | $8.53B | $9.00B | +6.6% |
| Operating income | $2.89B | $2.61B | $3.19B | $2.59B | $3.58B | +5.4% |
| Net income | $2.15B | $1.44B | $2.18B | $1.44B | $2.08B | -0.8% |
| EPS (diluted) | $1.50 | $1.01 | $1.55 | $1.05 | $1.53 | +0.5% |
| EBITDA | $4.01B | $3.12B | $3.97B | $3.38B | $4.19B | +1.2% |
| R&D | $66.0M | $65.0M | $66.0M | $70.0M | $70.0M | +1.5% |
| SG&A | $4.15B | $4.65B | $4.91B | $5.01B | $5.35B | +6.5% |
Recent company headlines from major financial publishers.
The base scenario reflects the modal trajectory of a mature consumer packaged goods compounder. Solid mid-single-digit growth in U.S. Refreshment Beverages and International counterbalances mature single-serve coffee dynamics. Consolidated operating margins recover steadily as integration synergies offset initial gross margin dilution, supporting dependable cash flow conversion dedicated to steady deleveraging and dividend payments.
In the bull scenario, integration of the combined coffee business accelerates, capturing procurement and logistical synergies ahead of timetable. Core refreshment brands gain further market share across cold-vault channels, propelled by strong execution in zero-sugar line extensions and expanding distribution partnerships. Operating margins expand past pre-acquisition levels, and robust free cash flow generation enables rapid debt amortization, prompting the market to re-rate KDP toward premium peer multiples.
| Ke ↓ / g → | 2.0% | 2.3% | 2.5% | 2.8% | 3.0% |
|---|---|---|---|---|---|
| 5.2% | $65.8 | $69.9 | $74.7 | $80.3 | $87.2 |
| 5.7% | $58.2 | $61.2 | $64.6 | $68.6 | $73.3 |
| 6.2% | $52.2 | $54.5 | $59.1 | $60.0 | $63.4 |
| 6.7% | $47.4 | $49.2 | $51.3 | $53.5 | $56.1 |
| 7.2% | $43.5 | $45.0 | $46.6 | $48.4 | $50.3 |
Upcoming earnings date and setup when available.
The rating each month's published research edition carried. A rating compares the price at analysis with the Fair value; it is not a record of whether the call was right.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |
