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Stocks/Consumer Staples/Soft Drinks & Non-alcoholic Beverages

Keurig Dr PepperKDP

Soft Drinks & Non-alcoholic Beverages · Burlington, Massachusetts · In the S&P 500
High qualityCheaper than peers
$35.84+1.53%After hours: $35.84 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 32.0% over 1 year
Keurig Dr Pepper over 1 yearDaily close, $, to 30 Oct 2026
$25$30$35Nov2026MarMayJulSep$35.84$25$30NovMarJul$35.84
Source: Nasdaq daily closes
Market value$48.77B
Price to earnings36.3x
Forward P/E14.7x
Dividend yield2.57%
Year to date+28.0%
One year+32.0%
Next earningsTue 3 Nov, before the open
52-week range (closes)
$25.31$35.84

Quality and valuation

How Keurig Dr Pepper compares with other consumer staples stocks. A description, not a recommendation.

Keurig Dr Pepper and 4 soft drinks & non-alcoholic beverages peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: cheaper than most

A stronger business than most consumer staples companies, priced below most of them.

Keurig Dr Pepper trades at 14.7 times the next 12 months of expected earnings, against a median of 16.6x for the 35 consumer staples stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +27.5% vs +4.9%
  • Keeps more of each sale (gross margin): 49.4% vs 40.5%
  • More profitable (operating margin): 16.2% vs 13.6%
  • Turns less of its sales into cash: 9.8% vs 10.3%
KDP trades at 14.7x forward earnings, below the sector medianForward p/e, Soft Drinks & Non-alcoholic Beverages peers
KDP14.7xPEP16.4xCELH19.1xKO27.7xMNST38.5xSector median 16.6xKDP14.7xPEP16.4xCELH19.1xKO27.7xMNST38.5xSector median 16.6x
Source: CNBC quotes; Mostly Markets
At 36.2x earnings, KDP is pricier than its average since Jul 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
20x30xAverage 25.1x2025202636.2x20x30xAverage 25.1x2025202636.2x
Source: Nasdaq prices; SEC filings

Financials

From Keurig Dr Pepper's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue grew 75.6% from a year earlierQuarterly revenue, $bn, latest Q2 ’26
$0bn$2bn$4bn$6bnQ3 ’24Q1 ’25Q3 ’25$7.3bnQ2 ’26$0bn$2bn$5bnQ3 ’24Q1 ’25Q3 ’25$7.3bnQ2 ’26
Source: SEC filings
Growth sped up to +75.6% last quarterRevenue growth, year on year, %
0%20%40%60%Q3 ’24Q1 ’25Q3 ’2575.6%Q2 ’260%50%Q3 ’24Q1 ’25Q3 ’2575.6%Q2 ’26
Source: SEC filings
Operating margin was 8.6% last quarterOperating income as a share of revenue, %
0%10%20%Q3 ’24Q1 ’25Q3 ’258.6%Q2 ’260%10%20%Q3 ’24Q1 ’25Q3 ’258.6%Q2 ’26
Source: SEC filings
Free cash flow was $2.0 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$200m$400m$600mQ3 ’24Q1 ’25Q3 ’25$714mQ2 ’26$0m$250m$500mQ3 ’24Q1 ’25Q3 ’25$714mQ2 ’26
Source: SEC filings
Last 12 monthsKDPSector median
Revenue growth+27.5%+4.9%
Gross margin49.4%40.5%
Operating margin16.2%13.6%
Free cash flow margin9.8%10.3%
Price to earnings36.3x24.5x

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Similar companies

Soft Drinks & Non-alcoholic Beverages, by market value.

CompanyPriceTodayYTDValue
KOCoca-Cola$94.08+1.36%+34.6%$405B
PEPPepsiCo$137.34+2.65%−4.3%$187B
MNSTMonster Beverage$47.34+2.14%+23.5%$92.60B
CELHCelsius Holdings$29.12+3.41%−36.3%$7.37B