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

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.