Keurig Dr Pepper financials
$30.34−2.22%
Close Sep 30, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.60B | $15.35B | $14.81B | $14.06B | $12.68B | $11.62B | $11.12B | $7.44B |
| Gross profit | $9.00B | $8.53B | $8.08B | $7.32B | $6.98B | $6.49B | $6.34B | $3.88B |
| Gross margin | 54.2% | 55.6% | 54.5% | 52.1% | 55.0% | 55.8% | 57.0% | 52.2% |
| Operating income | $3.58B | $2.59B | $3.19B | $2.60B | $2.89B | $2.48B | $2.38B | $1.24B |
| Net income | $2.08B | $1.44B | $2.18B | $1.44B | $2.15B | $1.32B | $1.25B | $586.0M |
| Net margin | 12.5% | 9.4% | 14.7% | 10.2% | 16.9% | 11.4% | 11.3% | 7.9% |
| Diluted EPS | $1.53 | $1.05 | $1.55 | $1.01 | $1.50 | $0.93 | $0.88 | $0.53 |
| EBITDA | $4.41B | $4.04B | $3.91B | $3.49B | $3.60B | $3.20B | $3.04B | $1.67B |
| Operating cash flow | $1.99B | $2.22B | $1.33B | $2.84B | $2.87B | $2.46B | $2.47B | $1.61B |
| Free cash flow | $1.50B | $1.66B | $904.0M | $2.48B | $2.45B | $2.00B | $2.14B | $1.43B |
| Diluted shares | 1,362.8M | 1,368.3M | 1,408.4M | 1,428.5M | 1,427.9M | 1,422.1M | 1,419.1M | 1,097.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.03B | $510.0M | $267.0M | $535.0M | $567.0M | $240.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $16.14B | $15.55B | $13.19B | $11.97B | $11.88B | $13.49B |
| Total assets | $55.46B | $53.43B | $52.13B | $51.84B | $50.60B | $49.78B |
| Total liabilities | $29.94B | $29.19B | $26.45B | $26.71B | $25.63B | $25.95B |
| Shareholders' equity | $25.52B | $24.24B | $25.68B | $25.13B | $24.97B | $23.83B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology