Keurig Dr Pepper (KDP) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Keurig Dr Pepper

NasdaqGS•Consumer Defensive•Beverages - Non-Alcoholic

$31.80+0.31(0.01%)After hours

Market Cap

$42.76B

P/E

30.0x

P/S

2.1x

P/B

1.7x

Keurig Dr Pepper Inc. owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. The company operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International. It manufactures and distributes branded concentrates, syrup, and finished beverages, as well as sales of owned brands and third-party brands; tea, cocoa, and other products; and offers finished goods relating to K-Cup pods, single serve brewers, specialty coffee, and ready to drink coffee products. The company offers its products under the Dr Pepper, Canada Dry, Mott's, A&W, Peñafiel, GHOST, Snapple, 7UP, Green Mountain Coffee Roasters, Clamato, Core Hydration, The Original Donut Shop, Sunkist soda, Squirt, C4 Energy, Hawaiian Punch, Electrolit, Bloom, Bai, Evian, Yoo-Hoo, Vita Coco, Big Red, RC Cola, Crush, McCafé, Tim Hortons, Van Houtte, Celestial Seasonings, Bigelow, Starbucks, Dunkin', Folgers, Peet's, and Swiss Miss brands, as well as other partner and private label brands. It markets and sells its products to supermarkets, mass merchandisers, club stores, e-commerce retailers, office superstores, vending machines, fountains, grocery and drug stores, convenience stores, and other small outlets; and directly to consumers through Keurig.com website. Keurig Dr Pepper Inc. was founded in 1981 and is headquartered in Frisco, Texas.

How this company scores

GoodMetricSide Score: 64/100

Strongest: Cash & Earnings Quality (23/25); weakest: Balance Sheet & Red Flags (11/25).

Profitability12/25

Growth18/25

Balance Sheet & Red Flags11/25

Cash & Earnings Quality23/25

Strengths

Growing revenueRising free cash flowStrong marginsConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 30.0x5y range 18.4x – 37.5x

Currently above its 20-quarter median.

P/S · 2.1x5y range 2.1x – 4.2x

Currently below its 20-quarter median.

P/B · 1.7x5y range 1.4x – 2.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Leverage Risk

Watch

Debt-to-equity has risen 54.8% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $42.76B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $20.09B
Q. Revenue: $7.31B
TTM EBITDA: $3.26B
TTM Op. Income: $3.26B
Q. Op. Income: $628.00M
TTM Net Income: $1.43B
Q. Net Income: $142.00M
EPS: $0.04
Shares Out.: $1.36B

$20.09B in TTM revenue grew 27.5% YoY, reaching $7.31B last quarter. TTM EBITDA of $3.26B and TTM operating income of $3.26B show growth is flowing through to the bottom line. TTM net income of $1.43B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 41.9%
EBITDA Margin: 8.6%
Op. Margin: 8.6%
Net Margin: 1.9%

Op. margin of 8.6% is down 13.0% YoY — costs are rising relative to revenue. Net margin at 1.9% and gross margin of 41.9% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 3 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 30.0x
P/S Ratio: 2.1x
P/B Ratio: 1.7x

At 30.0x P/E, the stock trades within typical market levels. P/S of 2.1x and P/B of 1.7x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $87.62B
Cash: $1.52B
Long-Term Debt: $21.59B
Book Value: $25.03B
D/E Ratio: 0.9
Debt/EBITDA: 34.4

With $87.62B in assets and $21.59B in long-term debt, D/E is 0.9and book value is $25.03B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $895.00M
TTM Free Cash Flow: $1.97B
FCF Margin: 9.8%
FCF / Net Income: 1.4

TTM FCF of $1.97B on $895.00M in operating cash flow. The FCF / Net Income ratio of 1.4x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.