Keurig Dr Pepper (KDP) Net Margin (2009 - 2026)
Keurig Dr Pepper (KDP) posted quarterly Net Margin of 6.79% for Q1 2026, down 743.0% year-over-year from 1.06% in Q1 2025, and down 13.45% quarter-over-quarter from 7.85% in Q4 2025.
Keurig Dr Pepper (KDP) Net Margin (2009 - 2026) Analysis & Trends
Keurig Dr Pepper (KDP) has reported Net Margin for 18 consecutive years, with 6.79% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 743.0% year-over-year to 6.79%; the TTM figure through Mar 2026 stood at 10.81% (up 112.0% YoY), while the FY2025 annual figure was 12.52%, up 313.0% from the prior year.
- Net Margin slipped to 6.79% in Q1 2026 per KDP's latest filing, from 7.85% in the prior quarter.
- Across five years, Net Margin topped out at 19.01% in Q1 2022 and bottomed at 3.54% in Q4 2024.
- Historically, Net Margin has averaged 11.57% across 5 years, with a median of 13.14% in 2025.
- Annual changes were most pronounced in 2024 — Net Margin plunged 2146 bps — and 2025, when it jumped 1138 bps.
- Keurig Dr Pepper's Net Margin stood at 11.91% in 2022, then soared by 50 bps to 17.92% in 2023, then plunged by 120 bps to 3.54% in 2024, then surged by 322 bps to 7.85% in 2025, then dropped by 13 bps to 6.79% in 2026.
- Business Quant data shows KDP's Net Margin at 6.79% in Q1 2026, 7.85% in Q4 2025, and 15.37% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola Femsa Sab De Cv | 1,820.28 Bn | 1,820.28 Bn | 2.06 Bn | 8.14% |
| 2 | Coca Cola | 373.67 Bn | 359.51 Bn | 8.42 Bn | 33.17% |
| 3 | Pepsico | 188.19 Bn | 177.48 Bn | 13.11 Bn | 12.42% |
| 4 | Coca-Cola Europacific Partners | 48.33 Bn | 47.16 Bn | - | - |
| 5 | Monster Beverage | 44.91 Bn | 41.49 Bn | 1.42 Bn | 23.04% |
| 6 | Keurig Dr Pepper | 39.64 Bn | 38.74 Bn | 2.10 Bn | 6.79% |
| 7 | Andina Bottling | 21.78 Bn | 21.78 Bn | 319.18 Bn | 4.54% |
| 8 | Coca-Cola Consolidated | 10.31 Bn | 10.14 Bn | 778.41 Mn | 7.74% |
| 9 | Primo Brands | 8.54 Bn | 8.17 Bn | 548.70 Mn | - |
| 10 | Celsius Holdings | 6.94 Bn | 6.31 Bn | 393.69 Mn | 4.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.79% |
| Dec 31, 2025 | 7.85% |
| Sep 30, 2025 | 15.37% |
| Jun 30, 2025 | 13.14% |
| Mar 31, 2025 | 14.22% |
| Dec 31, 2024 | -3.54% |
| Sep 30, 2024 | 15.83% |
| Jun 30, 2024 | 13.13% |
| Mar 31, 2024 | 13.09% |
| Dec 31, 2023 | 17.92% |
| Sep 30, 2023 | 13.61% |
| Jun 30, 2023 | 13.28% |
| Mar 31, 2023 | 13.93% |
| Dec 31, 2022 | 11.91% |
| Sep 30, 2022 | 4.94% |
| Jun 30, 2022 | 6.13% |
| Mar 31, 2022 | 19.01% |
| Dec 31, 2021 | 24.86% |
| Sep 30, 2021 | 16.28% |
| Jun 30, 2021 | 14.27% |