Growth Metrics

Keurig Dr Pepper (KDP) Gross Margin (2016 - 2025)

Keurig Dr Pepper (KDP) has disclosed Gross Margin for 17 consecutive years, with 53.77% as the latest value for Q4 2025.

  • Quarterly Gross Margin fell 218.0% to 53.77% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 54.2% through Dec 2025, down 136.0% year-over-year, with the annual reading at 54.2% for FY2025, 136.0% down from the prior year.
  • Gross Margin for Q4 2025 was 53.77% at Keurig Dr Pepper, down from 54.34% in the prior quarter.
  • The five-year high for Gross Margin was 56.48% in Q4 2023, with the low at 49.97% in Q2 2022.
  • Average Gross Margin over 5 years is 54.29%, with a median of 54.48% recorded in 2025.
  • The sharpest move saw Gross Margin tumbled -640bps in 2022, then surged 399bps in 2023.
  • Over 5 years, Gross Margin stood at 52.26% in 2021, then rose by 0bps to 52.48% in 2022, then increased by 8bps to 56.48% in 2023, then fell by -1bps to 55.95% in 2024, then decreased by -4bps to 53.77% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 53.77%, 54.34%, and 54.17% for Q4 2025, Q3 2025, and Q2 2025 respectively.