Keurig Dr Pepper (KDP) Tax Rate (2009 - 2026)
Keurig Dr Pepper (KDP) posted Tax Rate of 31.15% for Q2 2026, up 7.33 percentage points from 23.82% a year earlier and up 6.78 percentage points from the prior quarter.
Keurig Dr Pepper (KDP) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Keurig Dr Pepper was 24.15%, down 0.04 percentage points year-over-year; for FY2025, it was 22.63%, down 2.09 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -1.79 percentage points (FY2020 to FY2025).
- In prior years, Keurig Dr Pepper's Tax Rate was 24.71% in FY2024 (+3.82 pp), 20.89% in FY2023 (+4.37 pp), 16.52% in FY2022 (-6.82 pp) and 23.34% in FY2021 (-1.08 pp).
- The Q2 2026 figure stands as the highest quarterly Tax Rate since Q1 2018.
- On a year-over-year basis, Tax Rate has increased in each of the last three quarters, with an average year-over-year change of +1.09 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q2 2023, with a gain of 20.29 percentage points; the weakest was Q2 2022, with a drop of 29.26 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 24.37% (Q1 2026), 22.76% (Q4 2025) and 22.30% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 395.88 Bn | 382.35 Bn | 8.42 Bn | 18.94% |
| 2 | Coca Cola Femsa Sab De Cv | 193.50 Bn | 193.50 Bn | 2.06 Bn | 29.65% |
| 3 | Pepsico | 175.26 Bn | 133.02 Bn | 13.75 Bn | 21.36% |
| 4 | Monster Beverage | 88.72 Bn | 76.97 Bn | 1.42 Bn | 23.91% |
| 5 | Diageo | 52.28 Bn | 32.35 Bn | - | - |
| 6 | Ambev | 50.60 Bn | 35.89 Bn | 2.06 Bn | - |
| 7 | Coca-Cola Europacific Partners | 50.03 Bn | 42.70 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.25 Bn | 42.30 Bn | 3.07 Bn | 31.15% |
| 9 | Constellation Brands | 22.09 Bn | 21.64 Bn | 1.39 Bn | 20.17% |
| 10 | Coca-Cola Consolidated | 13.61 Bn | 11.24 Bn | 778.41 Mn | 26.17% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.15% |
| Mar 31, 2026 | 24.37% |
| Dec 31, 2025 | 22.76% |
| Sep 30, 2025 | 22.30% |
| Jun 30, 2025 | 23.82% |
| Mar 31, 2025 | 21.67% |
| Sep 30, 2024 | 23.19% |
| Jun 30, 2024 | 23.36% |
| Mar 31, 2024 | 23.57% |
| Dec 31, 2023 | 22.91% |
| Sep 30, 2023 | 21.99% |
| Jun 30, 2023 | 17.94% |
| Mar 31, 2023 | 19.62% |
| Dec 31, 2022 | 18.82% |
| Sep 30, 2022 | 2.19% |
| Mar 31, 2022 | 23.53% |
| Dec 31, 2021 | 23.99% |
| Sep 30, 2021 | 21.98% |
| Jun 30, 2021 | 26.92% |
| Mar 31, 2021 | 18.34% |
Keurig Dr Pepper Tax Rate 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=tax-rate&ticker=KDP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=KDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();