Keurig Dr Pepper Inc (KDP)

Return on equity (ROE)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	2,181,000	1,941,000	1,603,000	1,318,000	1,436,000	1,826,000	2,176,000	2,406,000	2,146,000	1,731,000	1,644,000	1,494,000	1,325,000	1,303,000	1,164,000	1,180,000	1,254,000	1,114,000	959,000	728,000
Total stockholders’ equity	US$ in thousands	25,676,000	25,364,000	25,268,000	25,103,000	25,126,000	25,102,000	25,391,000	25,511,000	24,972,000	24,405,000	24,242,000	24,070,000	23,829,000	23,296,000	22,923,000	22,640,000	23,257,000	22,914,000	22,883,000	22,674,000
ROE		8.49%	7.65%	6.34%	5.25%	5.72%	7.27%	8.57%	9.43%	8.59%	7.09%	6.78%	6.21%	5.56%	5.59%	5.08%	5.21%	5.39%	4.86%	4.19%	3.21%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,181,000K ÷ $25,676,000K
= 8.49%

Keurig Dr Pepper Inc's return on equity (ROE) has fluctuated over the past eight quarters. In Q4 2023, the ROE was 8.49%, which was an improvement compared to the previous quarters. However, the ROE was higher in Q2 and Q3 2022, at 8.57% and 7.27% respectively. The ROE decreased in Q1 2023 to 5.25%, which was the lowest in the dataset.

Overall, the company's ROE has shown some variability, indicating fluctuations in its profitability relative to shareholders' equity over the examined period. It is important for stakeholders to monitor the trend of ROE to assess the company's efficiency in generating profits from the equity invested by shareholders.