Keurig Dr Pepper Inc (KDP)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Gross profit (ttm)	US$ in thousands	8,529,000	8,436,000	8,407,000	8,276,000	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
Revenue (ttm)	US$ in thousands	15,293,000	14,562,000	14,344,000	14,243,000	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
Gross profit margin		55.77%	57.93%	58.61%	58.11%	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%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $8,529,000K ÷ $15,293,000K
= 55.77%

Keurig Dr Pepper Inc's gross profit margin has exhibited some fluctuations over the period from March 31, 2020, to December 31, 2024. The company's gross profit margin started at a relatively high level of 60.33% in March 2020 but experienced a gradual decline in subsequent quarters, reaching a low of 52.61% by September 30, 2022.

However, there was a slight recovery in the following quarters, with the gross profit margin improving to 58.61% by June 30, 2024. Despite this uptick, the margin decreased again to 55.77% by December 31, 2024.

The fluctuation in the gross profit margin indicates changes in the company's ability to manage its production costs efficiently and maintain profitability from its sales. Keurig Dr Pepper Inc may need to monitor its cost structure closely and implement strategies to improve efficiency in order to sustain or enhance its gross profit margin in the future.