Keurig Dr Pepper Inc (KDP)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 8,529,000 | 8,080,000 | 7,323,000 | 6,977,000 | 6,486,000 |
| Revenue | US$ in thousands | 15,233,000 | 14,271,000 | 13,190,000 | 12,701,000 | 11,130,000 |
| Gross profit margin | 55.99% | 56.62% | 55.52% | 54.93% | 58.27% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $8,529,000K ÷ $15,233,000K
= 55.99%
Keurig Dr Pepper Inc's gross profit margin has exhibited variability over the past five years. Starting at 58.27% in December 2020, the margin decreased to 54.93% by the end of 2021. However, there was a slight improvement in 2022 to 55.52%, followed by a further increase to 56.62% in 2023. By December 2024, the gross profit margin stood at 55.99%.
This trend suggests some fluctuations in the company's ability to generate profits from its core business operations relative to its cost of goods sold. While the margins have generally shown resilience and an upward trajectory in recent years, Keurig Dr Pepper Inc may need to continue monitoring and optimizing its pricing strategies, cost controls, and operational efficiencies to sustain or improve its gross profit margins in the future.
Peer comparison
Dec 31, 2024