Keurig Dr Pepper (KDP) Tax Rate (2009 - 2026)

Keurig Dr Pepper (KDP) reported 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 18 years of Tax Rate data on file, last reported at 24.37% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 24.37%, up 270.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.15% (down 89.0% YoY), and the FY2025 annual result was 22.63%, down 209.0% from the prior year.
  • Tax Rate grew to 24.37% in Q1 2026 per KDP's latest filing, from 22.76% in the prior quarter.
  • Over five years, Tax Rate peaked at 24.37% in Q1 2026 and troughed at 2.35% in Q2 2022.
  • A 5-year average of 18.6% and a median of 22.3% in 2025 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 2926 bps in 2022, then jumped 2029 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 18.82% in 2022, then gained by 22 bps to 22.91% in 2023, then plunged by 72 bps to 6.49% in 2024, then soared by 250 bps to 22.76% in 2025, then advanced 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Coca Cola 341.39 Bn 332.40 Bn 7.85 Bn 13.99
2 Pepsico 194.25 Bn 183.58 Bn 10.73 Bn 21.28
3 Monster Beverage 89.38 Bn 86.39 Bn 1.29 Bn 24.08
4 Coca Cola Femsa Sab De Cv 87.89 Bn 86.38 Bn 1.89 Bn 36.22
5 Keurig Dr Pepper 41.86 Bn 27.96 Bn 2.10 Bn 24.37
6 Coca-Cola Consolidated 10.27 Bn 10.04 Bn 727.08 Mn 26.23
7 Primo Brands 8.82 Bn 8.54 Bn 464.90 Mn 33.09
8 Celsius Holdings 7.92 Bn 7.37 Bn 378.07 Mn 19.95
9 Vita Coco Company 4.80 Bn 4.59 Bn 71.81 Mn 18.61
10 National Beverage 3.40 Bn 3.09 Bn 99.60 Mn 23.60

Historic Data

Download Data
DateValue
Mar 31, 2026 24.37%
Mar 31, 2026 24.37%
Dec 31, 2025 22.76%
Dec 31, 2025 22.76%
Sep 30, 2025 22.30%
Sep 30, 2025 22.30%
Jun 30, 2025 23.82%
Jun 30, 2025 23.82%
Mar 31, 2025 21.67%
Mar 31, 2025 21.67%
Dec 31, 2024 6.49%
Dec 31, 2024 6.49%
Sep 30, 2024 23.19%
Sep 30, 2024 23.19%
Jun 30, 2024 23.36%
Jun 30, 2024 23.36%
Mar 31, 2024 23.57%
Mar 31, 2024 23.57%
Dec 31, 2023 22.91%
Dec 31, 2023 22.91%