Dollar Amounts
USD (Millions)
Showing latest financials
Data in millions of USD
Doing some research...
Over the past five years, Keurig Dr Pepper’s revenue has shown a steady upward trend, increasing from US$11.62 billion in 2020 to US$15.35 billion in 2024. Gross profit has maintained a similar upward trajectory, rising steadily from US$6.49 billion to US$8.53 billion over the same period, suggesting stable cost management in relation to revenue growth. However, operating income and net income have experienced notable fluctuations. While operating income grew from US$2.48 billion in 2020 to a peak of US$3.19 billion in 2023, it then declined to US$2.59 billion in 2024. Similarly, net income increased sharply from US$1.33 billion in 2020, peaked at US$2.18 billion in 2023, but then receded to US$1.44 billion in 2024. The significant year-over-year swings are particularly evident between 2021 and 2022, where net income dropped from US$2.15 billion to US$1.44 billion (a decline of over 33%), and again between 2023 and 2024, where net income declined by approximately 34%. The rebound in operating and net income in 2023 following the 2022 dip suggests a possible recovery, though the subsequent decline in 2024 raises concerns about consistency. While the continuous revenue and gross profit growth indicate a healthy scaling and resilient market demand—especially in the beverages industry characterized by evolving consumer preferences—these fluctuations in profitability metrics may point to operational challenges, rising costs, or competitive pressures. Overall, the company appears to be fundamentally sound with strong top-line growth, but sustaining its operating and net margins will be critical for long-term financial health and sustainability.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.