Keurig Dr Pepper Inc (KDP)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 25,676,000 | 25,126,000 | 24,972,000 | 23,829,000 | 23,257,000 |
| ROE | 8.49% | 5.72% | 8.59% | 5.56% | 5.39% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $2,181,000K ÷ $25,676,000K
= 8.49%
Keurig Dr Pepper Inc's return on equity (ROE) has shown variability over the past five years. In 2023, the ROE increased to 8.49% from 5.72% in 2022. This improvement indicates a more effective utilization of shareholders' equity to generate profits. Compared to the ROE in 2021 (8.59%), the ROE in 2023 slightly decreased. However, it remained higher than the ROE in 2020 (5.56%) and 2019 (5.39%).
Overall, Keurig Dr Pepper Inc's ROE has demonstrated an upward trend over the last two years, suggesting stronger profitability and efficiency in generating returns for shareholders. It would be essential to continue monitoring this metric to assess the company's performance and financial health going forward.
Peer comparison
Dec 31, 2023