Keurig Dr Pepper (KDP) Tax Rate (2009 - 2026)
Keurig Dr Pepper (KDP) posted quarterly Tax Rate of 24.37% for Q1 2026, up 270.0% year-over-year from 6.59% in Q1 2025, and up 7.09% quarter-over-quarter from 22.76% in Q4 2025.
Keurig Dr Pepper (KDP) Tax Rate (2009 - 2026) Analysis & Trends
Keurig Dr Pepper (KDP) has reported Tax Rate for 18 consecutive years, with 24.37% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 270.0% year-over-year to 24.37%; the TTM figure through Mar 2026 stood at 23.15% (down 89.0% YoY), while the FY2025 annual figure was 22.63%, down 209.0% from the prior year.
- Tax Rate improved to 24.37% in Q1 2026 per KDP's latest filing, from 22.76% in the prior quarter.
- Across five years, Tax Rate topped out at 24.37% in Q1 2026 and bottomed at 2.35% in Q2 2022.
- Historically, Tax Rate has averaged 18.6% across 5 years, with a median of 22.3% in 2025.
- Annual changes were most pronounced in 2022 — Tax Rate slumped 2926 bps — and 2023, when it jumped 2029 bps.
- Keurig Dr Pepper's Tax Rate stood at 18.82% in 2022, then advanced by 22 bps to 22.91% in 2023, then sank by 72 bps to 6.49% in 2024, then jumped by 250 bps to 22.76% in 2025, then climbed by 7 bps to 24.37% in 2026.
- Business Quant data shows KDP's Tax Rate at 24.37% in Q1 2026, 22.76% in Q4 2025, and 22.3% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola Femsa Sab De Cv | 1,824.06 Bn | 1,824.06 Bn | 2.06 Bn | 29.65% |
| 2 | Coca Cola | 372.04 Bn | 357.89 Bn | 8.42 Bn | 18.94% |
| 3 | Pepsico | 187.60 Bn | 176.88 Bn | 13.11 Bn | 22.01% |
| 4 | Coca-Cola Europacific Partners | 47.94 Bn | 46.77 Bn | - | - |
| 5 | Monster Beverage | 44.41 Bn | 40.99 Bn | 1.42 Bn | 23.91% |
| 6 | Keurig Dr Pepper | 39.32 Bn | 38.42 Bn | 2.10 Bn | 24.37% |
| 7 | Andina Bottling | 21.78 Bn | 21.78 Bn | 319.18 Bn | -41.70% |
| 8 | Coca-Cola Consolidated | 10.49 Bn | 10.32 Bn | 778.41 Mn | 26.17% |
| 9 | Primo Brands | 8.43 Bn | 8.07 Bn | 548.70 Mn | 28.73% |
| 10 | Celsius Holdings | 6.91 Bn | 6.28 Bn | 393.69 Mn | 20.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.37% |
| Mar 31, 2026 | 24.37% |
| Mar 31, 2026 | 24.37% |
| Dec 31, 2025 | 22.76% |
| Dec 31, 2025 | 22.76% |
| Dec 31, 2025 | 22.76% |
| Sep 30, 2025 | 22.30% |
| Sep 30, 2025 | 22.30% |
| Sep 30, 2025 | 22.30% |
| Jun 30, 2025 | 23.82% |
| Jun 30, 2025 | 23.82% |
| Jun 30, 2025 | 23.82% |
| Mar 31, 2025 | 21.67% |
| Mar 31, 2025 | 21.67% |
| Mar 31, 2025 | 21.67% |
| Dec 31, 2024 | 6.49% |
| Dec 31, 2024 | 6.49% |
| Dec 31, 2024 | 6.49% |
| Sep 30, 2024 | 23.19% |
| Sep 30, 2024 | 23.19% |