Keurig Dr Pepper Inc (KDP)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	2,181,000	1,436,000	2,146,000	1,325,000	1,254,000
Revenue	US$ in thousands	14,271,000	13,190,000	12,701,000	11,130,000	10,500,000
Net profit margin		15.28%	10.89%	16.90%	11.90%	11.94%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $2,181,000K ÷ $14,271,000K
= 15.28%

The net profit margin of Keurig Dr Pepper Inc has shown fluctuation over the past five years. In 2023, the net profit margin improved significantly to 14.72% compared to 10.22% in 2022. The company's performance was also strong in 2021 with a net profit margin of 16.92%. However, there was a slight decrease in 2020 to 11.40% from 11.28% in 2019.

Overall, the trend indicates that Keurig Dr Pepper Inc has been able to maintain a healthy level of profitability relative to its net sales, with occasional fluctuations from year to year. The company's ability to generate profits has shown improvement in 2023, which could be a result of effective cost management or revenue growth strategies. Nevertheless, further analysis of the underlying factors contributing to these fluctuations would provide more insight into the company's performance.