KDP: Keurig Dr Pepper Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Keurig Dr Pepper Inc (KDP).
$43.57B Market Cap.
KDP Market Cap. (MRY)
KDP Shares Outstanding (MRY)
KDP Assets (MRY)
Total Assets
$53.43B
Total Liabilities
$29.19B
Total Investments
$1.54B
KDP Income (MRY)
Revenue
$15.35B
Net Income
$1.44B
Operating Expense
$5.94B
KDP Cash Flow (MRY)
CF Operations
$2.22B
CF Investing
-$1.61B
CF Financing
-$223.00M
KDP Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $53,430,000,000 (2.49%) | $52,130,000,000 (0.57%) | $51,837,000,000 (2.45%) | $50,598,000,000 (1.65%) |
Assets Current | $3,997,000,000 (18.43%) | $3,375,000,000 (-11.28%) | $3,804,000,000 (24.44%) | $3,057,000,000 (28.02%) |
Assets Non-Current | $49,433,000,000 (1.39%) | $48,755,000,000 (1.50%) | $48,033,000,000 (1.03%) | $47,541,000,000 (0.32%) |
Goodwill & Intangible Assets | $43,687,000,000 (0.46%) | $43,489,000,000 (0.54%) | $43,255,000,000 (-1.78%) | $44,038,000,000 (-0.26%) |
Shareholders Equity | $24,243,000,000 (-5.58%) | $25,676,000,000 (2.19%) | $25,126,000,000 (0.62%) | $24,972,000,000 (4.80%) |
Property Plant & Equipment Net | $2,964,000,000 (9.82%) | $2,699,000,000 (8.35%) | $2,491,000,000 (-0.12%) | $2,494,000,000 (12.75%) |
Cash & Equivalents | $590,000,000 (120.97%) | $267,000,000 (-50.09%) | $535,000,000 (-5.81%) | $568,000,000 (122.75%) |
Accumulated Other Comprehensive Income | -$276,000,000 (-187.62%) | $315,000,000 (144.19%) | $129,000,000 (596.15%) | -$26,000,000 (-133.77%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $1,543,000,000 (11.25%) | $1,387,000,000 (38.70%) | $1,000,000,000 (3233.33%) | $30,000,000 (-65.91%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $1,543,000,000 (11.25%) | $1,387,000,000 (38.70%) | $1,000,000,000 (3233.33%) | $30,000,000 (-65.91%) |
Inventory | $1,299,000,000 (13.75%) | $1,142,000,000 (-13.09%) | $1,314,000,000 (46.98%) | $894,000,000 (17.32%) |
Trade & Non-Trade Receivables | $1,502,000,000 (9.80%) | $1,368,000,000 (-7.82%) | $1,484,000,000 (29.27%) | $1,148,000,000 (9.54%) |
Trade & Non-Trade Payables | $2,985,000,000 (-17.01%) | $3,597,000,000 (-30.91%) | $5,206,000,000 (20.62%) | $4,316,000,000 (15.40%) |
Accumulated Retained Earnings (Deficit) | $4,793,000,000 (5.13%) | $4,559,000,000 (28.82%) | $3,539,000,000 (10.63%) | $3,199,000,000 (55.22%) |
Tax Assets | $39,000,000 (25.81%) | $31,000,000 (-11.43%) | $35,000,000 (-16.67%) | $42,000,000 (-6.67%) |
Tax Liabilities | $5,435,000,000 (-5.64%) | $5,760,000,000 (0.37%) | $5,739,000,000 (-4.13%) | $5,986,000,000 (-0.12%) |
Total Debt | $15,595,000,000 (17.19%) | $13,308,000,000 (9.95%) | $12,104,000,000 (0.67%) | $12,024,000,000 (-11.85%) |
Debt Current | $2,683,000,000 (-20.22%) | $3,363,000,000 (225.87%) | $1,032,000,000 (131.39%) | $446,000,000 (-82.15%) |
Debt Non-Current | $12,912,000,000 (29.83%) | $9,945,000,000 (-10.18%) | $11,072,000,000 (-4.37%) | $11,578,000,000 (3.90%) |
Total Liabilities | $29,187,000,000 (10.33%) | $26,454,000,000 (-0.97%) | $26,712,000,000 (4.24%) | $25,626,000,000 (-1.24%) |
Liabilities Current | $8,087,000,000 (-9.30%) | $8,916,000,000 (10.40%) | $8,076,000,000 (24.53%) | $6,485,000,000 (-15.71%) |
Liabilities Non-Current | $21,100,000,000 (20.31%) | $17,538,000,000 (-5.89%) | $18,636,000,000 (-2.64%) | $19,141,000,000 (4.85%) |
KDP Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $15,351,000,000 (3.62%) | $14,814,000,000 (5.39%) | $14,057,000,000 (10.83%) | $12,683,000,000 (9.17%) |
Cost of Revenue | $6,822,000,000 (1.31%) | $6,734,000,000 (0.00%) | $6,734,000,000 (18.02%) | $5,706,000,000 (11.18%) |
Selling General & Administrative Expense | $5,013,000,000 (2.06%) | $4,912,000,000 (5.75%) | $4,645,000,000 (11.85%) | $4,153,000,000 (4.40%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $5,938,000,000 (21.48%) | $4,888,000,000 (3.60%) | $4,718,000,000 (15.55%) | $4,083,000,000 (1.92%) |
Interest Expense | $735,000,000 (48.19%) | $496,000,000 (-28.43%) | $693,000,000 (38.60%) | $500,000,000 (-17.22%) |
Income Tax Expense | $473,000,000 (-17.88%) | $576,000,000 (102.82%) | $284,000,000 (-56.51%) | $653,000,000 (52.57%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $1,441,000,000 (-33.93%) | $2,181,000,000 (51.99%) | $1,435,000,000 (-33.10%) | $2,145,000,000 (61.89%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | -$1,000,000 (0.00%) | -$1,000,000 (0%) |
Net Income | $1,441,000,000 (-33.93%) | $2,181,000,000 (51.88%) | $1,436,000,000 (-33.08%) | $2,146,000,000 (61.96%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $1,441,000,000 (-33.93%) | $2,181,000,000 (51.88%) | $1,436,000,000 (-33.08%) | $2,146,000,000 (61.96%) |
Weighted Average Shares | $1,362,200,000 (-2.65%) | $1,399,300,000 (-1.24%) | $1,416,800,000 (0.08%) | $1,415,700,000 (0.60%) |
Weighted Average Shares Diluted | $1,368,300,000 (-2.85%) | $1,408,400,000 (-1.41%) | $1,428,500,000 (0.04%) | $1,427,900,000 (0.41%) |
Earning Before Interest & Taxes (EBIT) | $2,649,000,000 (-18.57%) | $3,253,000,000 (34.81%) | $2,413,000,000 (-26.86%) | $3,299,000,000 (39.97%) |
Gross Profit | $8,529,000,000 (5.56%) | $8,080,000,000 (10.34%) | $7,323,000,000 (4.96%) | $6,977,000,000 (7.57%) |
Operating Income | $2,591,000,000 (-18.83%) | $3,192,000,000 (22.53%) | $2,605,000,000 (-9.99%) | $2,894,000,000 (16.69%) |
KDP Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$1,614,000,000 (-105.87%) | -$784,000,000 (30.93%) | -$1,135,000,000 (-640.48%) | $210,000,000 (166.46%) |
Net Cash Flow from Financing | -$223,000,000 (73.20%) | -$832,000,000 (51.85%) | -$1,728,000,000 (37.44%) | -$2,762,000,000 (-38.79%) |
Net Cash Flow from Operations | $2,219,000,000 (66.97%) | $1,329,000,000 (-53.15%) | $2,837,000,000 (-1.29%) | $2,874,000,000 (17.02%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $341,000,000 (227.24%) | -$268,000,000 (-712.12%) | -$33,000,000 (-110.54%) | $313,000,000 (117.36%) |
Net Cash Flow - Business Acquisitions and Disposals | -$1,007,000,000 (-218.67%) | -$316,000,000 (66.02%) | -$930,000,000 (-266.37%) | $559,000,000 (5181.82%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$618,000,000 (-30.93%) | -$472,000,000 (-123.70%) | -$211,000,000 (36.64%) | -$333,000,000 (-6.05%) |
Issuance (Repayment) of Debt Securities | $2,165,000,000 (99.72%) | $1,084,000,000 (621.15%) | -$208,000,000 (88.35%) | -$1,786,000,000 (-52.26%) |
Issuance (Purchase) of Equity Shares | -$1,110,000,000 (-57.22%) | -$706,000,000 (-86.28%) | -$379,000,000 (-370.71%) | $140,000,000 (382.76%) |
Payment of Dividends & Other Cash Distributions | -$1,194,000,000 (-4.55%) | -$1,142,000,000 (-5.74%) | -$1,080,000,000 (-13.09%) | -$955,000,000 (-12.88%) |
Effect of Exchange Rate Changes on Cash | -$41,000,000 (-315.79%) | $19,000,000 (371.43%) | -$7,000,000 (22.22%) | -$9,000,000 (-50.00%) |
Share Based Compensation | $98,000,000 (-15.52%) | $116,000,000 (123.08%) | $52,000,000 (-40.91%) | $88,000,000 (3.53%) |
Depreciation Amortization & Accretion | $555,000,000 (2.97%) | $539,000,000 (0.37%) | $537,000,000 (-1.29%) | $544,000,000 (9.90%) |
KDP Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 55.60% (2.02%) | 54.50% (4.61%) | 52.10% (-5.27%) | 55.00% (-1.43%) |
Profit Margin | 9.40% (-36.05%) | 14.70% (44.12%) | 10.20% (-39.64%) | 16.90% (48.25%) |
EBITDA Margin | 20.90% (-18.36%) | 25.60% (21.90%) | 21.00% (-30.69%) | 30.30% (23.67%) |
Return on Average Equity (ROAE) | 5.80% (-32.56%) | 8.60% (50.88%) | 5.70% (-35.23%) | 8.80% (54.39%) |
Return on Average Assets (ROAA) | 2.70% (-35.71%) | 4.20% (50.00%) | 2.80% (-34.88%) | 4.30% (59.26%) |
Return on Sales (ROS) | 17.30% (-21.36%) | 22.00% (27.91%) | 17.20% (-33.85%) | 26.00% (28.08%) |
Return on Invested Capital (ROIC) | 16.20% (-40.44%) | 27.20% (33.33%) | 20.40% (-25.55%) | 27.40% (40.51%) |
Dividend Yield | 2.80% (16.67%) | 2.40% (14.29%) | 2.10% (16.67%) | 1.80% (-5.26%) |
Price to Earnings Ratio (P/E) | 30.3 (41.87%) | 21.36 (-39.50%) | 35.31 (45.60%) | 24.25 (-28.77%) |
Price to Sales Ratio (P/S) | 2.85 (-9.44%) | 3.15 (-12.44%) | 3.59 (-12.64%) | 4.11 (6.14%) |
Price to Book Ratio (P/B) | 1.8 (-0.99%) | 1.81 (-9.70%) | 2.01 (-3.97%) | 2.09 (10.74%) |
Debt to Equity Ratio (D/E) | 1.2 (16.89%) | 1.03 (-3.10%) | 1.06 (3.61%) | 1.03 (-5.79%) |
Earnings Per Share (EPS) | 1.06 (-32.05%) | 1.56 (54.46%) | 1.01 (-33.55%) | 1.52 (61.70%) |
Sales Per Share (SPS) | 11.27 (6.44%) | 10.59 (6.70%) | 9.92 (10.75%) | 8.96 (8.52%) |
Free Cash Flow Per Share (FCFPS) | 1.18 (91.99%) | 0.61 (-66.97%) | 1.85 (3.23%) | 1.79 (17.94%) |
Book Value Per Share (BVPS) | 17.8 (-3.01%) | 18.35 (3.47%) | 17.73 (0.54%) | 17.64 (4.16%) |
Tangible Assets Book Value Per Share (TABVPS) | 7.15 (15.82%) | 6.17 (1.95%) | 6.06 (30.71%) | 4.63 (15.88%) |
Enterprise Value Over EBIT (EV/EBIT) | 22 (22.22%) | 18 (-28.00%) | 25 (25.00%) | 20 (-20.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 18.09 (15.89%) | 15.61 (-24.85%) | 20.77 (22.95%) | 16.9 (-18.14%) |
Asset Turnover | 0.29 (1.75%) | 0.29 (4.76%) | 0.27 (8.33%) | 0.25 (6.78%) |
Current Ratio | 0.49 (30.34%) | 0.38 (-19.53%) | 0.47 (0.00%) | 0.47 (51.94%) |
Dividends | $0.89 (9.20%) | $0.81 (6.82%) | $0.76 (13.04%) | $0.68 (12.50%) |
Free Cash Flow (FCF) | $1,601,000,000 (86.81%) | $857,000,000 (-67.36%) | $2,626,000,000 (3.35%) | $2,541,000,000 (18.63%) |
Enterprise Value (EV) | $57,964,291,206 (-2.08%) | $59,192,558,952 (-3.41%) | $61,281,521,608 (-5.62%) | $64,930,064,355 (10.31%) |
Earnings Before Tax (EBT) | $1,914,000,000 (-30.58%) | $2,757,000,000 (60.29%) | $1,720,000,000 (-38.55%) | $2,799,000,000 (59.67%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $3,204,000,000 (-15.51%) | $3,792,000,000 (28.54%) | $2,950,000,000 (-23.24%) | $3,843,000,000 (34.75%) |
Invested Capital | $16,661,000,000 (30.51%) | $12,766,000,000 (5.72%) | $12,075,000,000 (4.72%) | $11,531,000,000 (1.87%) |
Working Capital | -$4,090,000,000 (26.19%) | -$5,541,000,000 (-29.71%) | -$4,272,000,000 (-24.62%) | -$3,428,000,000 (35.39%) |
Tangible Asset Value | $9,743,000,000 (12.75%) | $8,641,000,000 (0.69%) | $8,582,000,000 (30.82%) | $6,560,000,000 (16.58%) |
Market Capitalization | $43,569,291,206 (-6.49%) | $46,592,558,952 (-7.74%) | $50,503,521,608 (-3.37%) | $52,266,064,355 (16.06%) |
Average Equity | $24,645,750,000 (-2.79%) | $25,352,750,000 (0.28%) | $25,282,500,000 (3.52%) | $24,422,250,000 (5.40%) |
Average Assets | $52,694,500,000 (1.65%) | $51,838,500,000 (0.68%) | $51,487,250,000 (2.12%) | $50,418,750,000 (2.36%) |
Invested Capital Average | $16,382,000,000 (36.78%) | $11,977,250,000 (1.05%) | $11,852,500,000 (-1.49%) | $12,032,000,000 (-0.21%) |
Shares | 1,356,453,649 (-3.00%) | 1,398,336,103 (-1.26%) | 1,416,251,307 (-0.12%) | 1,417,961,594 (0.76%) |
