Keurig Dr Pepper Inc (KDP)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 3,192,000 | 2,605,000 | 2,894,000 | 2,480,000 | 2,378,000 |
| Revenue | US$ in thousands | 14,271,000 | 13,190,000 | 12,701,000 | 11,130,000 | 10,500,000 |
| Operating profit margin | 22.37% | 19.75% | 22.79% | 22.28% | 22.65% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $3,192,000K ÷ $14,271,000K
= 22.37%
Keurig Dr Pepper Inc's operating profit margin has shown fluctuations over the past five years. In 2023, the operating profit margin increased to 21.39% from 19.05% in the previous year, indicating improved profitability. However, it is lower compared to the operating profit margin in 2021, which stood at 22.27%. Throughout this period, the company has maintained relatively consistent levels of operating profit margin, ranging between 19% and 22.27%. This suggests that Keurig Dr Pepper Inc has been able to effectively control costs and manage its operational efficiency, leading to stable profitability levels over the years.
Peer comparison
Dec 31, 2023