Analysis of Profitability Ratios
Quarterly Data
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Keurig Dr Pepper Inc., profitability ratios (quarterly data)
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
| 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 Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Keurig Dr Pepper Inc. operating profit margin ratio improved from Q4 2021 to Q1 2022 but then slightly deteriorated from Q1 2022 to Q2 2022 not reaching Q4 2021 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 Q4 2021 to Q1 2022 but then deteriorated significantly from Q1 2022 to Q2 2022. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Keurig Dr Pepper Inc. ROE improved from Q4 2021 to Q1 2022 but then deteriorated significantly from Q1 2022 to Q2 2022. |
| ROA | A profitability ratio calculated as net income divided by total assets. | Keurig Dr Pepper Inc. ROA improved from Q4 2021 to Q1 2022 but then deteriorated significantly from Q1 2022 to Q2 2022. |
Gross Profit Margin
Keurig Dr Pepper Inc., gross profit margin calculation (quarterly data)
| Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||
| Gross profit | 1,776) | 1,650) | 1,772) | 1,835) | 1,770) | 1,600) | 1,768) | 1,704) | 1,562) | 1,452) | 1,693) | 1,625) | 1,626) | 1,398) | |||||
| Net sales | 3,554) | 3,078) | 3,391) | 3,250) | 3,140) | 2,902) | 3,121) | 3,020) | 2,864) | 2,613) | 2,934) | 2,870) | 2,812) | 2,504) | |||||
| Profitability Ratio | |||||||||||||||||||
| Gross profit margin1 | 52.99% | 54.65% | 55.01% | 56.17% | 56.16% | 55.72% | 55.83% | 56.08% | 56.13% | 56.96% | 57.03% | — | — | — | |||||
| Benchmarks | |||||||||||||||||||
| Gross Profit Margin, Competitors2 | |||||||||||||||||||
| Altria Group Inc. | 55.06% | 54.48% | 53.79% | 53.04% | 52.53% | 51.96% | 49.80% | 50.13% | 49.79% | 49.43% | 50.62% | — | — | — | |||||
| Coca-Cola Co. | 58.89% | 60.27% | 60.27% | 60.72% | 60.61% | 59.42% | 59.31% | 59.90% | 60.04% | 60.66% | 60.77% | — | — | — | |||||
| PepsiCo Inc. | 53.13% | 53.20% | 53.35% | 53.87% | 54.23% | 54.65% | 54.82% | 55.19% | 55.28% | 55.15% | 55.13% | — | — | — | |||||
| Philip Morris International Inc. | 66.49% | 67.17% | 68.06% | 68.14% | 68.02% | 67.59% | 66.65% | 66.25% | 65.83% | 65.41% | 64.73% | — | — | — | |||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q2 2022 Calculation
Gross profit margin = 100
× (Gross profitQ2 2022
+ Gross profitQ1 2022
+ Gross profitQ4 2021
+ Gross profitQ3 2021)
÷ (Net salesQ2 2022
+ Net salesQ1 2022
+ Net salesQ4 2021
+ Net salesQ3 2021)
= 100 × (1,776 + 1,650 + 1,772 + 1,835)
÷ (3,554 + 3,078 + 3,391 + 3,250)
= 52.99%
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 Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Operating Profit Margin
Keurig Dr Pepper Inc., operating profit margin calculation (quarterly data)
| Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||
| Income from operations | 572) | 966) | 725) | 795) | 734) | 640) | 700) | 753) | 561) | 466) | 713) | 580) | 587) | 498) | |||||
| Net sales | 3,554) | 3,078) | 3,391) | 3,250) | 3,140) | 2,902) | 3,121) | 3,020) | 2,864) | 2,613) | 2,934) | 2,870) | 2,812) | 2,504) | |||||
| Profitability Ratio | |||||||||||||||||||
| Operating profit margin1 | 23.04% | 25.04% | 22.82% | 23.11% | 23.20% | 22.29% | 21.35% | 21.81% | 20.57% | 20.89% | 21.38% | — | — | — | |||||
| Benchmarks | |||||||||||||||||||
| Operating Profit Margin, Competitors2 | |||||||||||||||||||
| Altria Group Inc. | 45.82% | 45.44% | 44.44% | 43.77% | 44.01% | 43.46% | 41.57% | 41.46% | 41.04% | 40.34% | 41.12% | — | — | — | |||||
| Coca-Cola Co. | 24.96% | 27.39% | 26.67% | 29.03% | 28.49% | 27.93% | 27.25% | 26.36% | 26.29% | 26.98% | 27.06% | — | — | — | |||||
| PepsiCo Inc. | 15.96% | 17.46% | 14.04% | 14.90% | 15.12% | 14.68% | 14.32% | 14.52% | 14.48% | 14.98% | 15.32% | — | — | — | |||||
| Philip Morris International Inc. | 40.11% | 40.64% | 41.32% | 42.07% | 42.31% | 42.31% | 40.66% | 38.91% | 37.09% | 37.31% | 35.33% | — | — | — | |||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q2 2022 Calculation
Operating profit margin = 100
× (Income from operationsQ2 2022
+ Income from operationsQ1 2022
+ Income from operationsQ4 2021
+ Income from operationsQ3 2021)
÷ (Net salesQ2 2022
+ Net salesQ1 2022
+ Net salesQ4 2021
+ Net salesQ3 2021)
= 100 × (572 + 966 + 725 + 795)
÷ (3,554 + 3,078 + 3,391 + 3,250)
= 23.04%
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 improved from Q4 2021 to Q1 2022 but then slightly deteriorated from Q1 2022 to Q2 2022 not reaching Q4 2021 level. |
Net Profit Margin
Keurig Dr Pepper Inc., net profit margin calculation (quarterly data)
| Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||
| Net income attributable to KDP | 218) | 585) | 843) | 530) | 448) | 325) | 428) | 443) | 298) | 156) | 406) | 304) | 314) | 230) | |||||
| Net sales | 3,554) | 3,078) | 3,391) | 3,250) | 3,140) | 2,902) | 3,121) | 3,020) | 2,864) | 2,613) | 2,934) | 2,870) | 2,812) | 2,504) | |||||
| Profitability Ratio | |||||||||||||||||||
| Net profit margin1 | 16.39% | 18.71% | 16.92% | 13.95% | 13.49% | 12.55% | 11.40% | 11.40% | 10.32% | 10.51% | 11.28% | — | — | — | |||||
| Benchmarks | |||||||||||||||||||
| Net Profit Margin, Competitors2 | |||||||||||||||||||
| Altria Group Inc. | 6.88% | 11.64% | 9.51% | 10.65% | 17.22% | 16.80% | 17.08% | 2.84% | -3.57% | -3.33% | -5.15% | — | — | — | |||||
| Coca-Cola Co. | 23.16% | 25.69% | 25.28% | 23.31% | 22.19% | 21.59% | 23.47% | 24.90% | 26.77% | 26.95% | 23.94% | — | — | — | |||||
| PepsiCo Inc. | 11.28% | 12.57% | 9.59% | 10.62% | 11.01% | 10.51% | 10.12% | 10.27% | 10.13% | 10.62% | 10.89% | — | — | — | |||||
| Philip Morris International Inc. | 28.56% | 28.58% | 29.00% | 29.25% | 29.51% | 29.69% | 28.08% | 26.57% | 24.98% | 25.35% | 24.11% | — | — | — | |||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q2 2022 Calculation
Net profit margin = 100
× (Net income attributable to KDPQ2 2022
+ Net income attributable to KDPQ1 2022
+ Net income attributable to KDPQ4 2021
+ Net income attributable to KDPQ3 2021)
÷ (Net salesQ2 2022
+ Net salesQ1 2022
+ Net salesQ4 2021
+ Net salesQ3 2021)
= 100 × (218 + 585 + 843 + 530)
÷ (3,554 + 3,078 + 3,391 + 3,250)
= 16.39%
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 Q4 2021 to Q1 2022 but then deteriorated significantly from Q1 2022 to Q2 2022. |
Return on Equity (ROE)
Keurig Dr Pepper Inc., ROE calculation (quarterly data)
| Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||
| Net income attributable to KDP | 218) | 585) | 843) | 530) | 448) | 325) | 428) | 443) | 298) | 156) | 406) | 304) | 314) | 230) | |||||
| Stockholders’ equity | 25,391) | 25,511) | 24,972) | 24,405) | 24,242) | 24,070) | 23,829) | 23,296) | 22,923) | 22,640) | 23,257) | 22,914) | 22,883) | 22,674) | |||||
| Profitability Ratio | |||||||||||||||||||
| ROE1 | 8.57% | 9.43% | 8.59% | 7.09% | 6.78% | 6.21% | 5.56% | 5.59% | 5.08% | 5.21% | 5.39% | — | — | — | |||||
| Benchmarks | |||||||||||||||||||
| ROE, Competitors2 | |||||||||||||||||||
| Altria Group Inc. | — | — | — | — | 139.55% | 148.95% | 157.34% | 23.38% | -16.07% | -13.16% | -20.78% | — | — | — | |||||
| Coca-Cola Co. | 41.60% | 41.49% | 42.48% | 39.74% | 36.31% | 35.46% | 40.14% | 44.78% | 52.56% | 55.17% | 46.99% | — | — | — | |||||
| PepsiCo Inc. | 49.78% | 55.85% | 47.48% | 51.29% | 53.65% | 53.75% | 52.92% | 52.22% | 54.84% | 53.76% | 49.47% | — | — | — | |||||
| Philip Morris International Inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q2 2022 Calculation
ROE = 100
× (Net income attributable to KDPQ2 2022
+ Net income attributable to KDPQ1 2022
+ Net income attributable to KDPQ4 2021
+ Net income attributable to KDPQ3 2021)
÷ Stockholders’ equity
= 100 × (218 + 585 + 843 + 530)
÷ 25,391 = 8.57%
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 Q4 2021 to Q1 2022 but then deteriorated significantly from Q1 2022 to Q2 2022. |
Return on Assets (ROA)
Keurig Dr Pepper Inc., ROA calculation (quarterly data)
| Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||
| Net income attributable to KDP | 218) | 585) | 843) | 530) | 448) | 325) | 428) | 443) | 298) | 156) | 406) | 304) | 314) | 230) | |||||
| Total assets | 51,428) | 51,244) | 50,598) | 50,330) | 50,344) | 50,403) | 49,779) | 49,381) | 49,026) | 48,843) | 49,518) | 49,400) | 49,547) | 49,291) | |||||
| Profitability Ratio | |||||||||||||||||||
| ROA1 | 4.23% | 4.70% | 4.24% | 3.44% | 3.27% | 2.96% | 2.66% | 2.64% | 2.37% | 2.42% | 2.53% | — | — | — | |||||
| Benchmarks | |||||||||||||||||||
| ROA, Competitors2 | |||||||||||||||||||
| Altria Group Inc. | 4.77% | 7.48% | 6.26% | 7.01% | 10.24% | 8.90% | 9.42% | 1.57% | -1.82% | -1.64% | -2.62% | — | — | — | |||||
| Coca-Cola Co. | 10.27% | 10.96% | 10.36% | 9.73% | 8.96% | 8.02% | 8.87% | 8.57% | 9.70% | 10.65% | 10.33% | — | — | — | |||||
| PepsiCo Inc. | 9.92% | 10.93% | 8.25% | 8.73% | 8.88% | 8.22% | 7.66% | 7.65% | 7.65% | 8.51% | 9.31% | — | — | — | |||||
| Philip Morris International Inc. | 22.18% | 21.62% | 22.06% | 21.62% | 21.81% | 21.73% | 17.98% | 19.67% | 18.60% | 20.42% | 16.76% | — | — | — | |||||
Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q2 2022 Calculation
ROA = 100
× (Net income attributable to KDPQ2 2022
+ Net income attributable to KDPQ1 2022
+ Net income attributable to KDPQ4 2021
+ Net income attributable to KDPQ3 2021)
÷ Total assets
= 100 × (218 + 585 + 843 + 530)
÷ 51,428 = 4.23%
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 Q4 2021 to Q1 2022 but then deteriorated significantly from Q1 2022 to Q2 2022. |