Keurig Dr Pepper Inc (KDP)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 8,080,000 | 7,892,000 | 7,682,000 | 7,417,000 | 7,323,000 | 7,099,000 | 7,033,000 | 7,027,000 | 6,977,000 | 6,973,000 | 6,842,000 | 6,634,000 | 6,486,000 | 6,411,000 | 6,332,000 | 6,396,000 | 6,342,000 | 6,194,000 | 5,934,000 | 4,799,000 |
| Revenue (ttm) | US$ in thousands | 14,303,000 | 14,206,000 | 14,054,000 | 13,647,000 | 13,249,000 | 13,493,000 | 13,211,000 | 13,017,000 | 12,737,000 | 11,774,000 | 11,512,000 | 11,201,000 | 11,024,000 | 10,824,000 | 10,664,000 | 10,601,000 | 10,457,000 | 10,315,000 | 10,308,000 | 9,509,000 |
| Gross profit margin | 56.49% | 55.55% | 54.66% | 54.35% | 55.27% | 52.61% | 53.24% | 53.98% | 54.78% | 59.22% | 59.43% | 59.23% | 58.84% | 59.23% | 59.38% | 60.33% | 60.65% | 60.05% | 57.57% | 50.47% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $8,080,000K ÷ $14,303,000K
= 56.49%
Keurig Dr Pepper Inc's gross profit margin has shown a consistent trend over the past eight quarters. The margin has ranged from 51.75% to 54.65%, indicating healthy profitability in the company's operations. The highest gross profit margin was recorded in Q1 2022 at 54.65%, while the lowest was in Q1 2023 at 51.75%. Overall, the average gross profit margin over the period appears to be stable, with minor fluctuations within a relatively narrow range. This suggests that Keurig Dr Pepper Inc has been effectively managing its costs and pricing strategies to maintain a healthy level of profitability in its business operations.
Peer comparison
Dec 31, 2023