keurig dr pepper (kdp) is a leading beverage company in north america, with annual revenue in excess of $11 billion and nearly 26,000 employees. kdp holds leadership positions in soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the u.s. and canada. the company’s portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes keurig®, dr pepper®, green mountain coffee roasters®, canada dry®, snapple®, bai®, mott's®, core® and the original donut shop®. through its powerful sales and distribution network, kdp can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers. the company is committed to sourcing, producing and distributing its beverages responsibly through its drink well. do good. corporate responsibility platform, including efforts around circular packaging, efficient natural re
Company profile
Ticker
KDP
Exchange
Website
CEO
Robert Gamgort
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CSAB Inc., Dr Pepper Snapple Group, Inc.
SEC CIK
Corporate docs
Subsidiaries
234DP Aviation, LLC • A&W Concentrate Company • All Sport, LLC • All Sport Distributing, Inc. • Altitude Beverages LLC • Bai Brands LLC • Beverages Delaware Inc. • Big Red, LLC • BR HyDrive LLC • Core Nutrition, LLC ...
IRS number
753258232
KDP stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
25 Apr 24
8-K
Keurig Dr Pepper Reports Q1 2024 Results and Reaffirms Fiscal 2024 Guidance
25 Apr 24
8-K
Entry into a Material Definitive Agreement
7 Mar 24
424B2
Prospectus for primary offering
6 Mar 24
8-K
Other Events
5 Mar 24
FWP
Free writing prospectus
4 Mar 24
424B7
Prospectus with selling stockholder info
4 Mar 24
424B3
Prospectus supplement
4 Mar 24
FWP
Free writing prospectus
29 Feb 24
424B7
Prospectus with selling stockholder info
29 Feb 24
Transcripts
KDP
Earnings call transcript
2024 Q1
25 Apr 24
KDP
Earnings call transcript
2023 Q4
22 Feb 24
KDP
Earnings call transcript
2023 Q3
26 Oct 23
KDP
Earnings call transcript
2023 Q2
27 Jul 23
KDP
Earnings call transcript
2023 Q1
27 Apr 23
KDP
Earnings call transcript
2022 Q4
23 Feb 23
KDP
Earnings call transcript
2022 Q3
27 Oct 22
KDP
Earnings call transcript
2022 Q2
28 Jul 22
KDP
Earnings call transcript
2022 Q1
28 Apr 22
KDP
Earnings call transcript
2021 Q4
24 Feb 22
Latest ownership filings
144
Notice of proposed sale of securities
26 Apr 24
3/A
Roger Frederick Johnson
12 Apr 24
4
SE Lucresca
18 Mar 24
4
Change in insider ownership
18 Mar 24
SC 13D/A
JAB BevCo B.V.
18 Mar 24
4
Patrick Minogue
14 Mar 24
4
Angela A. Stephens
14 Mar 24
4
Monique Oxender
14 Mar 24
4
Roger Frederick Johnson
14 Mar 24
4
Mary Beth DeNooyer
14 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 260.00 mm | 260.00 mm | 260.00 mm | 260.00 mm | 260.00 mm | 260.00 mm |
Cash burn (monthly) | 6.00 mm | 55.67 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 41.39 mm | 384.05 mm | n/a | n/a | n/a | n/a |
Cash remaining | 218.61 mm | -124.05 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 36.4 | -2.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 661 |
Opened positions | 98 |
Closed positions | 72 |
Increased positions | 328 |
Reduced positions | 165 |
13F shares | Current |
---|---|
Total value | 27.20 tn |
Total shares | 1.40 bn |
Total puts | 6.62 mm |
Total calls | 4.02 mm |
Total put/call ratio | 1.6 |
Largest owners | Shares | Value |
---|---|---|
Maple Holdings B.V. | 383.44 mm | $0.00 |
BDT Oak Acquisition, B.V. | 114.42 mm | $3.30 bn |
Capital World Investors | 94.29 mm | $2.98 tn |
Vanguard | 82.20 mm | $2.59 tn |
BLK Blackrock | 76.18 mm | $2.41 tn |
FMR | 60.68 mm | $1.92 tn |
Capital International Investors | 55.33 mm | $1.75 tn |
MDLZ Mondelez International Inc. - Ordinary Shares | 45.54 mm | $1.61 bn |
Wellington Management | 42.46 mm | $1.34 tn |
STT State Street | 41.86 mm | $1.33 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Maple Holdings B.V. | Common Stock, par value $0.01 per share | Sell | Dispose S | No | No | 28.9 | 13,043,478 | 376.96 mm | 283,443,879 |
12 Mar 24 | Gamgort Robert James | Common Stock | Payment of exercise | Dispose F | No | No | 29.19 | 16,020 | 467.62 k | 3,032,964 |
12 Mar 24 | Gamgort Robert James | Common Stock | Option exercise | Acquire M | No | No | 0 | 40,888 | 0.00 | 3,048,984 |
12 Mar 24 | Gamgort Robert James | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 40,888 | 0.00 | 40,887 |
12 Mar 24 | DeNooyer Mary Beth | Common Stock | Payment of exercise | Dispose F | No | No | 29.19 | 2,152 | 62.82 k | 131,409 |
12 Mar 24 | DeNooyer Mary Beth | Common Stock | Option exercise | Acquire M | No | No | 0 | 6,090 | 0.00 | 133,561 |
12 Mar 24 | DeNooyer Mary Beth | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 6,090 | 0.00 | 6,090 |
12 Mar 24 | Matthew Andrew Archambault | Common Stock | Payment of exercise | Dispose F | No | No | 29.19 | 1,578 | 46.06 k | 24,189 |
12 Mar 24 | Matthew Andrew Archambault | Common Stock | Option exercise | Acquire M | No | No | 0 | 3,698 | 0.00 | 25,767 |
12 Mar 24 | Matthew Andrew Archambault | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 3,698 | 0.00 | 3,697 |
News
Why Beverage Company Keurig Dr Pepper's Shares Are Surging Today
25 Apr 24
Keurig Dr Pepper Q1 2024 Adj EPS $0.38 Beats $0.35 Estimate, Sales $3.470B Beat $3.407B Estimate
25 Apr 24
Barclays Maintains Overweight on Keurig Dr Pepper, Raises Price Target to $36
12 Apr 24
Jefferies Maintains Buy on Keurig Dr Pepper, Lowers Price Target to $35
27 Mar 24
Here's How Much $1000 Invested In Keurig Dr Pepper 10 Years Ago Would Be Worth Today
26 Mar 24
Press releases
Keurig Dr Pepper Reports Q1 2024 Results and Reaffirms Fiscal 2024 Guidance
25 Apr 24
Keurig® Reimagines Single Serve Coffee with the Unveil of its Next-Generation Coffee and Brewer Innovation
13 Mar 24
Introducing the Next Chapter of the Keurig® K-Cup® Pod System Product Portfolio
13 Mar 24
Keurig Dr Pepper to Webcast 2024 Strategy Review and Investor Update on March 19
12 Mar 24
Keurig Dr Pepper Announces Pricing of up to 100 million Shares of Common Stock by JAB and Repurchase of 35 million Shares by KDP
29 Feb 24