Stock Analysis on Net

Keurig Dr Pepper Inc. (NASDAQ:KDP)

This company has been moved to the archive! The financial data has not been updated since July 28, 2022.

Analysis of Profitability Ratios 

Microsoft Excel

Profitability Ratios (Summary)

Keurig Dr Pepper Inc., profitability ratios

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Return on Sales
Gross profit margin 55.01% 55.83% 57.03% 52.16%
Operating profit margin 22.82% 21.35% 21.38% 16.62%
Net profit margin 16.92% 11.40% 11.28% 7.87%
Return on Investment
Return on equity (ROE) 8.59% 5.56% 5.39% 2.60%
Return on assets (ROA) 4.24% 2.66% 2.53% 1.20%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Keurig Dr Pepper Inc. gross profit margin ratio deteriorated from 2019 to 2020 and from 2020 to 2021.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Keurig Dr Pepper Inc. operating profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Keurig Dr Pepper Inc. net profit margin ratio improved from 2019 to 2020 and from 2020 to 2021.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Keurig Dr Pepper Inc. ROE improved from 2019 to 2020 and from 2020 to 2021.
ROA A profitability ratio calculated as net income divided by total assets. Keurig Dr Pepper Inc. ROA improved from 2019 to 2020 and from 2020 to 2021.

Gross Profit Margin

Keurig Dr Pepper Inc., gross profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Gross profit 6,977 6,486 6,342 3,882
Net sales 12,683 11,618 11,120 7,442
Profitability Ratio
Gross profit margin1 55.01% 55.83% 57.03% 52.16%
Benchmarks
Gross Profit Margin, Competitors2
Altria Group Inc. 53.79% 49.80% 50.62%
Coca-Cola Co. 60.27% 59.31% 60.77%
PepsiCo Inc. 53.35% 54.82% 55.13%
Philip Morris International Inc. 68.06% 66.65% 64.73%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2021 Calculation
Gross profit margin = 100 × Gross profit ÷ Net sales
= 100 × 6,977 ÷ 12,683 = 55.01%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Keurig Dr Pepper Inc. gross profit margin ratio deteriorated from 2019 to 2020 and from 2020 to 2021.

Operating Profit Margin

Keurig Dr Pepper Inc., operating profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Income from operations 2,894 2,480 2,378 1,237
Net sales 12,683 11,618 11,120 7,442
Profitability Ratio
Operating profit margin1 22.82% 21.35% 21.38% 16.62%
Benchmarks
Operating Profit Margin, Competitors2
Altria Group Inc. 44.44% 41.57% 41.12%
Coca-Cola Co. 26.67% 27.25% 27.06%
PepsiCo Inc. 14.04% 14.32% 15.32%
Philip Morris International Inc. 41.32% 40.66% 35.33%
Operating Profit Margin, Sector
Food, Beverage & Tobacco 26.21% 26.30% 25.88%
Operating Profit Margin, Industry
Consumer Staples 9.19% 8.88% 8.07%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2021 Calculation
Operating profit margin = 100 × Income from operations ÷ Net sales
= 100 × 2,894 ÷ 12,683 = 22.82%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Keurig Dr Pepper Inc. operating profit margin ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level.

Net Profit Margin

Keurig Dr Pepper Inc., net profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net income attributable to KDP 2,146 1,325 1,254 586
Net sales 12,683 11,618 11,120 7,442
Profitability Ratio
Net profit margin1 16.92% 11.40% 11.28% 7.87%
Benchmarks
Net Profit Margin, Competitors2
Altria Group Inc. 9.51% 17.08% -5.15%
Coca-Cola Co. 25.28% 23.47% 23.94%
PepsiCo Inc. 9.59% 10.12% 10.89%
Philip Morris International Inc. 29.00% 28.08% 24.11%
Net Profit Margin, Sector
Food, Beverage & Tobacco 16.50% 17.31% 13.89%
Net Profit Margin, Industry
Consumer Staples 6.12% 6.32% 4.14%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2021 Calculation
Net profit margin = 100 × Net income attributable to KDP ÷ Net sales
= 100 × 2,146 ÷ 12,683 = 16.92%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Keurig Dr Pepper Inc. net profit margin ratio improved from 2019 to 2020 and from 2020 to 2021.

Return on Equity (ROE)

Keurig Dr Pepper Inc., ROE calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net income attributable to KDP 2,146 1,325 1,254 586
Stockholders’ equity 24,972 23,829 23,257 22,533
Profitability Ratio
ROE1 8.59% 5.56% 5.39% 2.60%
Benchmarks
ROE, Competitors2
Altria Group Inc. 157.34% -20.78%
Coca-Cola Co. 42.48% 40.14% 46.99%
PepsiCo Inc. 47.48% 52.92% 49.47%
Philip Morris International Inc.
ROE, Sector
Food, Beverage & Tobacco 106.01% 118.96% 77.88%
ROE, Industry
Consumer Staples 35.60% 35.51% 22.58%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2021 Calculation
ROE = 100 × Net income attributable to KDP ÷ Stockholders’ equity
= 100 × 2,146 ÷ 24,972 = 8.59%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Keurig Dr Pepper Inc. ROE improved from 2019 to 2020 and from 2020 to 2021.

Return on Assets (ROA)

Keurig Dr Pepper Inc., ROA calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net income attributable to KDP 2,146 1,325 1,254 586
Total assets 50,598 49,779 49,518 48,918
Profitability Ratio
ROA1 4.24% 2.66% 2.53% 1.20%
Benchmarks
ROA, Competitors2
Altria Group Inc. 6.26% 9.42% -2.62%
Coca-Cola Co. 10.36% 8.87% 10.33%
PepsiCo Inc. 8.25% 7.66% 9.31%
Philip Morris International Inc. 22.06% 17.98% 16.76%
ROA, Sector
Food, Beverage & Tobacco 10.83% 10.05% 8.61%
ROA, Industry
Consumer Staples 8.87% 8.56% 5.91%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2021 Calculation
ROA = 100 × Net income attributable to KDP ÷ Total assets
= 100 × 2,146 ÷ 50,598 = 4.24%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Keurig Dr Pepper Inc. ROA improved from 2019 to 2020 and from 2020 to 2021.