Keurig Dr Pepper Inc (KDP)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,914,000 | 2,757,000 | 1,720,000 | 2,799,000 | 1,753,000 |
| Revenue | US$ in thousands | 15,233,000 | 14,271,000 | 13,190,000 | 12,701,000 | 11,130,000 |
| Pretax margin | 12.56% | 19.32% | 13.04% | 22.04% | 15.75% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,914,000K ÷ $15,233,000K
= 12.56%
As an analyst, the pretax margin is a crucial indicator of Keurig Dr Pepper Inc's profitability before accounting for taxes. From the data provided, we observe fluctuations in the pretax margin over the years:
- In December 31, 2020, the pretax margin was at 15.75%, reflecting a decent level of profitability.
- By December 31, 2021, the pretax margin improved significantly to 22.04%, indicating better operational efficiency in generating earnings before taxes.
- However, there was a decrease in the pretax margin by December 31, 2022, down to 13.04%. This decline may raise concerns about potential challenges impacting profitability.
- The trend reversed by December 31, 2023, with a pretax margin of 19.32%, suggesting a recovery in profitability.
- Most recently, as of December 31, 2024, the pretax margin dropped to 12.56%, indicating a decrease in profitability compared to the previous year.
Overall, while there have been fluctuations in the pretax margin of Keurig Dr Pepper Inc over the analyzed period, it is essential for investors and stakeholders to monitor these changes closely to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024