Keurig Dr Pepper (KDP) Net Margin (2009 - 2026)
Keurig Dr Pepper's Net Margin came in at 1.94% for Q2 2026, down 11.20 percentage points from 13.14% a year earlier and down 4.85 percentage points from the prior quarter.
Keurig Dr Pepper (KDP) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Keurig Dr Pepper reported Net Margin of 7.10%, down 2.64 percentage points year-over-year; for FY2025, it was 12.52%, up 3.13 percentage points from FY2024.
- Net Margin carries a five-year change of +1.12 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 9.39% in FY2024 (-5.34 pp), 14.72% in FY2023 (+4.51 pp), 10.22% in FY2022 (-6.70 pp) and 16.92% in FY2021 (+5.52 pp).
- The Q2 2026 figure represents the lowest quarterly Net Margin since Q4 2024.
- Year-over-year, Net Margin increased in four of the last eight quarters, with an average year-over-year change of -3.23 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q4 2025 (a gain of 11.38 percentage points), and the weakest in Q4 2024 (a drop of 21.46 percentage points).
- Business Quant data shows KDP's Net Margin at 6.79% (Q1 2026), 7.85% (Q4 2025) and 15.37% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 33.07% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | 8.14% |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 12.06% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | 23.04% |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 17.25% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 1.94% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 20.09% |
| 10 | Coca-Cola Consolidated | 13.60 Bn | 11.23 Bn | 778.41 Mn | 7.74% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.94% |
| 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 | 4.97% |
| Jun 30, 2022 | 6.13% |
| Mar 31, 2022 | 19.01% |
| Dec 31, 2021 | 24.86% |
| Sep 30, 2021 | 16.31% |
Keurig Dr Pepper Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=KDP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "KDP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=KDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();