Keurig Dr Pepper Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $16.6B | $15.4B | $14.8B | $14.1B | $12.7B |
| Cost of revenue | $7.6B | $6.8B | $6.7B | $6.7B | $5.7B |
| Gross profit | $9.0B | $8.5B | $8.1B | $7.3B | $7.0B |
| Selling, general & administrative | $5.4B | $5.0B | $4.9B | $4.6B | $4.2B |
| Research and development | $70.0M | $70.0M | $66.0M | $65.0M | $66.0M |
| Operating income | $3.6B | $2.6B | $3.2B | $2.6B | $2.9B |
| Interest expense | — | — | $496.0M | $693.0M | $500.0M |
| Pretax income | $2.7B | $1.9B | $2.8B | $1.7B | $2.8B |
| Income tax expense | $608.0M | $473.0M | $576.0M | $284.0M | $653.0M |
| Net income | $2.1B | $1.4B | $2.2B | $1.4B | $2.1B |
| Balance Sheet | |||||
| Cash and equivalents | $1.0B | $510.0M | $267.0M | $535.0M | $567.0M |
| Current assets | $5.3B | $4.0B | $3.4B | $3.8B | $3.1B |
| Total assets | $55.5B | $53.4B | $52.1B | $51.8B | $50.6B |
| Current liabilities | $8.3B | $8.1B | $8.9B | $8.1B | $6.5B |
| Total liabilities | $29.9B | $29.2B | $26.5B | $26.7B | $25.6B |
| Stockholders' equity | $25.5B | $24.2B | $25.7B | $25.1B | $25.0B |
| Cash Flow Statement | |||||
| Cash from operations | $2.0B | $2.2B | $1.3B | $2.8B | $2.9B |
| Depreciation and amortization | $455.0M | $422.0M | $402.0M | $399.0M | $410.0M |
| Stock-based compensation | $97.0M | $98.0M | $116.0M | $52.0M | $88.0M |
| Capital expenditure | $486.0M | $563.0M | $425.0M | $353.0M | $423.0M |
| Free cash flow | $1.5B | $1.7B | $904.0M | $2.5B | $2.5B |
| Dividends paid | $1.2B | $1.2B | $1.1B | $1.1B | $955.0M |
| Share repurchases | $9.0M | $1.1B | $706.0M | $379.0M | $0 |
| Impairments | $0 | $306.0M | $0 | $0 | $0 |
Shares outstanding 1.4B · Free float 72.1%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.