Keurig Dr Pepper (KDP) Operating Margin (2016 - 2025)
Keurig Dr Pepper (KDP) has disclosed Operating Margin for 17 consecutive years, with 19.58% as the latest value for Q4 2025.
- On a quarterly basis, Operating Margin rose 1803.0% to 19.58% in Q4 2025 year-over-year; TTM through Dec 2025 was 21.53%, a 465.0% increase, with the full-year FY2025 number at 21.53%, up 465.0% from a year prior.
- Operating Margin was 19.58% for Q4 2025 at Keurig Dr Pepper, down from 23.11% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 31.38% in Q1 2022 to a low of 1.55% in Q4 2024.
- A 5-year average of 20.4% and a median of 21.99% in 2024 define the central range for Operating Margin.
- Peak YoY movement for Operating Margin: plummeted -2284bps in 2024, then surged 1803bps in 2025.
- Keurig Dr Pepper's Operating Margin stood at 21.38% in 2021, then decreased by -17bps to 17.7% in 2022, then surged by 38bps to 24.39% in 2023, then plummeted by -94bps to 1.55% in 2024, then soared by 1165bps to 19.58% in 2025.
- Per Business Quant, the three most recent readings for KDP's Operating Margin are 19.58% (Q4 2025), 23.11% (Q3 2025), and 21.57% (Q2 2025).