Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

Keurig Dr Pepper

KDP stock analysis · Consumer Staples · Soft Drinks & Non-alcoholic Beverages

FY 2025-12-31ANNUAL FILINGS
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These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$32.73HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$44.5B

Price × SEC outstanding shares. Shares measured 2026-06-30. Approximate; share and price dates can differ.

View share-count filing ↗
Valuation

DCF value

$16.80

Equity cash-flow scenario · SEC outstanding shares at 2026-06-30 · -48.7% versus input cap

How this is calculated ↗
Valuation

Reverse DCF

21.8%

Annual basis · read assumptions below

How this is calculated ↗
Valuation

Relative valuation

16.4%

26 sector peers · median 24.9×

How this is calculated ↗
Valuation

Historical multiples

23.4×

5 annual observations · snapshot P/E 21.4× · -8.5% versus history

How this is calculated ↗
Valuation

Free cash flow yield

3.4%

Annual basis · read assumptions below

How this is calculated ↗
Quality

ROIC / quality

7.4%

Normalized tax · financing-capital proxy · short-term borrowing coverage incomplete

How this is calculated ↗
Valuation

Value composite

58/100

Annual basis · read assumptions below

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

3.8%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

Requires reported dividends, repurchases and issuance; missing values are not zero.

Requires reported dividends, repurchases and issuance; missing values are not zero.

How this is calculated ↗
Quality

Accrual quality

0.2%

Parent-earnings fallback versus consolidated cash flow · scope limitation

How this is calculated ↗
Momentum

Fundamental momentum

3.4%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 2.9B2020-12-31: cfo $2,456,000,000.002020-12-31: capex $461,000,000.0020202021-12-31: cfo $2,874,000,000.002021-12-31: capex $423,000,000.0020212022-12-31: cfo $2,837,000,000.002022-12-31: capex $353,000,000.0020222023-12-31: cfo $1,329,000,000.002023-12-31: capex $425,000,000.0020232024-12-31: cfo $2,219,000,000.002024-12-31: capex $563,000,000.0020242025-12-31: cfo $1,991,000,000.002025-12-31: capex $486,000,000.002025
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%$21.07$22.99$25.05
10.0%$15.44$16.80$18.26
12.0%$12.18$13.22$14.33

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2025-12-3116.6B2.1B2B486M55.5B
2024-12-3115.4B1.4B2.2B563M53.4B
2023-12-3114.8B2.2B1.3B425M52.1B
2022-12-3114.1B1.4B2.8B353M51.8B
2021-12-3112.7B2.1B2.9B423M50.6B
2020-12-3111.6B1.3B2.5B461M49.8B
2019-12-3111.1B1.3B2.5B330M49.5B
2018-12-317.4B589M1.6B180M48.9B

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue16.6BRevenueFromContractWithCustomerExcludingAssessedTax2026-02-24
netIncome2.1BNetIncomeLoss
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-02-24
Parent/common earnings proxy2.1BNetIncomeLoss2026-02-24
cfo2BNetCashProvidedByUsedInOperatingActivities2026-02-24
capex486MPaymentsToAcquirePropertyPlantAndEquipment2026-02-24
operatingIncome3.6BOperatingIncomeLoss2026-02-24
assets55.5BAssets2026-02-24
equity25.5BStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-02-24
Parent book equity proxy25.5BStockholdersEquity2026-02-24
debt13.9BLongTermDebtCurrent + LongTermDebtNoncurrent2026-02-24
shortDebtNot reported under a supported tag
cash1BCashAndCashEquivalentsAtCarryingValue2026-02-24
shares1.4BWeightedAverageNumberOfDilutedSharesOutstanding2026-02-24
dividends1.3BPaymentsOfDividends2026-02-24
buybacks9MPaymentsForRepurchaseOfCommonStock2026-02-24
issuanceNot reported under a supported tag