Keurig Dr Pepper (KDP) is trading down at $30.58 (-1.78%) on NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Consumer Staples sector.
One firm's current price target on Keurig Dr Pepper: $38 — 24% above the current $30.6. Each is tracked to its date and scored the same way a member's call is.
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
| FY2015Dec 2015 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $6.28B | $6.69B | $7.44B | $11.1B | $11.6B | $12.7B | $14.1B | $14.8B | $15.4B | $16.6B |
| Growth (year over year) | +2.6% | — | +11.2% | +49.4% | +4.5% | +9.2% | +10.8% | +5.4% | +3.6% | +8.2% |
| Gross profit | $3.72B | $4.00B | $3.88B | $6.34B | $6.49B | $6.98B | $7.32B | $8.08B | $8.53B | $9.00B |
| Gross margin | 59.3% | 59.7% | 52.2% | 57.0% | 55.8% | 55.0% | 52.1% | 54.5% | 55.6% | 54.2% |
| Operating income | $1.30B | $1.39B | $1.24B | $2.38B | $2.48B | $2.89B | $2.60B | $3.19B | $2.59B | $3.58B |
| Operating margin | 20.7% | 20.7% | 16.6% | 21.4% | 21.3% | 22.8% | 18.5% | 21.5% | 16.9% | 21.5% |
| Net income | $764.0M | $1.08B | $586.0M | $1.25B | $1.32B | $2.15B | $1.44B | $2.18B | $1.44B | $2.08B |
| Net margin | 12.2% | 16.1% | 7.9% | 11.3% | 11.4% | 16.9% | 10.2% | 14.7% | 9.4% | 12.5% |
| EPS (diluted) | $0.01 | $0.02 | $0.53 | $0.88 | $0.93 | $1.50 | $1.01 | $1.55 | $1.05 | $1.53 |
| Balance sheet | ||||||||||
| Cash and equivalents | $911.0M | $90.0M | $83.0M | $75.0M | $240.0M | $567.0M | $535.0M | $267.0M | $510.0M | $1.03B |
| Total assets | $8.87B | $15.7B | $48.9B | $49.5B | $49.8B | $50.6B | $51.8B | $52.1B | $53.4B | $55.5B |
| Total liabilities | $6.69B | $8.08B | $26.4B | $26.3B | $25.9B | $25.6B | $26.7B | $26.5B | $29.2B | $29.9B |
| Long-term debt | $2.88B | $4.88B | $14.2B | $12.8B | $11.1B | $11.6B | $11.1B | $9.95B | $12.9B | $13.0B |
| Shareholders' equity | $2.18B | $7.40B | $22.5B | $23.3B | $23.8B | $25.0B | $25.1B | $25.7B | $24.2B | $25.5B |
| Cash flow | ||||||||||
| Operating cash flow | $1.01B | $1.04B | $1.61B | $2.47B | $2.46B | $2.87B | $2.84B | $1.33B | $2.22B | $1.99B |
| Capital expenditure | $179.0M | $202.0M | $180.0M | $330.0M | $461.0M | $423.0M | $353.0M | $425.0M | $563.0M | $486.0M |
| Free cash flow | $835.0M | $836.0M | $1.43B | $2.14B | $2.00B | $2.45B | $2.48B | $904.0M | $1.66B | $1.50B |
| Dividends paid | $355.0M | $414.0M | $232.0M | $844.0M | $846.0M | $955.0M | $1.08B | $1.14B | $1.19B | $1.25B |
| Share buybacks | $521.0M | $399.0M | — | — | $0 | $0 | $379.0M | $706.0M | $1.11B | $9.00M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $3.89B | $4.07B | $3.63B | $4.16B | $4.31B | $4.50B | $3.98B | $7.31B |
| Growth (year over year) | +2.3% | +5.2% | +4.8% | +6.1% | +10.7% | +10.5% | +9.4% | +75.6% |
| Gross profit | $2.14B | $2.28B | $1.99B | $2.25B | $2.34B | $2.42B | $2.10B | $3.07B |
| Gross margin | 55.0% | 55.9% | 54.6% | 54.2% | 54.3% | 53.8% | 52.8% | 41.9% |
| Operating income | $902.0M | $63.0M | $801.0M | $898.0M | $995.0M | $881.0M | $756.0M | $628.0M |
| Operating margin | 23.2% | 1.5% | 22.0% | 21.6% | 23.1% | 19.6% | 19.0% | 8.6% |
| Net income | $616.0M | −$144.0M | $517.0M | $547.0M | $662.0M | $353.0M | $270.0M | $142.0M |
| Net margin | 15.8% | −3.5% | 14.2% | 13.1% | 15.4% | 7.8% | 6.8% | 1.9% |
| EPS (diluted) | $0.45 | −$0.11 | $0.38 | $0.40 | $0.49 | $0.26 | $0.20 | $0.04 |
| Balance sheet | ||||||||
| Cash and equivalents | $552.0M | $510.0M | $653.0M | $509.0M | $516.0M | $1.03B | $898.0M | $1.52B |
| Total assets | $52.7B | $53.4B | $53.7B | $54.4B | $54.6B | $55.5B | $73.1B | $87.6B |
| Total liabilities | $27.7B | $29.2B | $29.3B | $29.4B | $29.3B | $29.9B | $39.5B | $54.0B |
| Long-term debt | $12.4B | $12.9B | $11.9B | $13.9B | $13.5B | $13.0B | $20.9B | $21.6B |
| Shareholders' equity | $25.0B | $24.2B | $24.4B | $25.0B | $25.3B | $25.5B | $25.3B | $25.0B |
| Cash flow | ||||||||
| Operating cash flow | $628.0M | $849.0M | $209.0M | $431.0M | $639.0M | $712.0M | $281.0M | $895.0M |
| Capital expenditure | $125.0M | $165.0M | $120.0M | $106.0M | $112.0M | $148.0M | $116.0M | $181.0M |
| Free cash flow | $503.0M | $684.0M | $89.0M | $325.0M | $527.0M | $564.0M | $165.0M | $714.0M |
| Dividends paid | $292.0M | $311.0M | $312.0M | $313.0M | $312.0M | $313.0M | $312.0M | $312.0M |
| Share buybacks | $0 | $5.00M | $0 | $9.00M | $0 | $0 | — | — |
From Keurig Dr Pepper's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Keurig Dr Pepper, Inc. is a publicly traded American beverage company headquartered in Burlington, Massachusetts, and Frisco, Texas. It was formed on July 9, 2018, through the merger of Keurig Green Mountain and Dr Pepper Snapple Group. The company produces and distributes a range of hot and cold beverages, including brands such as Keurig, Dr Pepper, Snapple, Canada Dry, and others. Prior to the merger, Keurig Green Mountain, formerly known as Green Mountain Coffee Roasters, operated as a specialty coffee company and manufacturer of the Keurig single-serve brewing system, while Dr Pepper Snapple Group managed a portfolio of soft drinks and other beverages.
Source: Wikipedia — Keurig Dr Pepper
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