Keurig Dr Pepper (KDP)
Consumer Staples · Beverage manufacturing and distribution
A leading North American beverage and coffee company combining iconic brands like Dr Pepper, Snapple, and Keurig with a direct-to-consumer platform, preparing to split into separate beverage and coffee companies.
What Keurig Dr Pepper does
Keurig Dr Pepper is a leading beverage company in North America that manufactures, markets, distributes, and sells hot and cold beverages and single-serve brewing systems. The company operates through three segments: U.S. Refreshment Beverages (soft drinks, juices, water, and other non-coffee drinks), U.S. Coffee (premium and specialty coffee through the Keurig brewing system and Green Mountain Coffee Roasters), and International operations. KDP owns over 125 owned, licensed, and partner brands and operates a direct-to-consumer e-commerce platform on Keurig.com alongside a network of approximately 8,100 vehicles in the U.S. and 2,200 in Mexico for distribution. The company is in the process of acquiring JDE Peet's (a global pure-play coffee company with brands including Jacobs, L'OR, and Peet's) and plans to subsequently separate its beverage and coffee portfolios into two independent, publicly traded companies.
Themes: ["Coffee and single-serve brewing","Beverage portfolio diversification","Direct-to-consumer e-commerce","Distribution network optimization","Coffee acquisition (JDE Peet's)","Corporate separation/spin-off","Premium and specialty coffee","North American beverage market","Brand innovation and renovation","Keurig ecosystem"]
Fundamentals
- Price$30.72 as of 2026-07-09 close
- Market cap$41.8B as of 2026-07-10
- 1-year return-9.0% as of 2026-07-09 close
- P/E22.81 as of 2026-07-10
- Net margin+10.8% as of 2026-07-10
- Gross margin+53.8% as of 2026-07-10
- ROE+7.0% as of 2026-07-10
- Debt / equity0.90 as of 2026-07-10
- Revenue growth (YoY)+9.2% as of 2026-07-10
- Revenue CAGR (3y)+5.7% SEC XBRL
- Beta0.42 as of 2026-07-10
Dividend: yield +3.0%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Execution risk on the proposed JDE Peet's Acquisition and subsequent separation into two independent public companies, which are complex transformational transactions subject to shareholder approval and closing conditions","Significant increase in debt and interest expense related to financing the JDE Peet's Acquisition, with net interest expense rising from $148M to $281M year-over-year in Q1 2026, impacting profitability","Competitive pressure and consumer preference shifts in the beverage market toward healthier options, plus dependence on the success of the Keurig single-serve system in maintaining market share in coffee"]
Competitors & peers
- Coca-Cola (KO)
- PepsiCo (PEP)
- Monster Beverage (MNST)
- Red Bull (privately held)
- Nestlé (NSRGY)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.