KDP
Keurig Dr PepperPrevious close
35.84
Change
+0.54 / +1.53%
P/E (TTM) ?
33.7
Market Cap
$48.8B
1M
+18.13%
S&P 500 −0.91% over same period
Volume / Avg Volume
32.6M / 14.5M
2.24× average
Latest earnings analysisFY2026 Q2Reported 2026-08-06
Keurig Dr Pepper Q2 2026: adjusted EPS $0.57 as JDE Peet's doubles sales
Keurig Dr Pepper's second quarter was two quarters in one: net sales rose 75.6% to $7.31 billion because JDE Peet's closed on April 1, while GAAP earnings fell 89.0% on deal costs. Judge the business on adjusted EPS of $0.57, which beat the $0.5426 consensus, not on GAAP EPS of $0.04. Our view is Neutral.
Read the full analysis →Revenue$7.31BYoY +75.60%
EPS (non-GAAP)$0.57Beatest. $0.54
Next-quarter revenue guidance$26.15B ±1%YoY +257.80%
Next-day move−1.19%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-08-06 | $7.3B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-23 | $4.0B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-24 | $16.6B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-27 | $4.3B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-24 | $4.2B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-24 | $3.6B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 98 of its 5-year rangeExpensive
5-year range 18.6 – 32.6 · Median 23.5
Last 4 quarters: $0 in buybacks + $1.2B in dividends, 2.56% of market cap combined
P/E (TTM)
33.7
P/B
1.6
P/S
2.4
Dividend Yield
2.64%
Earnings Reaction
Over the last 6 reports, the stock moved ±1.5% on average on the first trading day after, rising 1 times
Most recent −1.19%
Volatility & Correlation
1-year beta -0.13 · Correlation with S&P 500 -0.06Low beta
Annualized volatility 26% vs. 12% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 1 · $0.25MSell 3 · $1.1MNet selling $0.84M
- 09-09DeNooyer Mary BethChief Human Resources OfficerSell$0.39M12,000 shares · Avg price 32.30
- 09-08DeNooyer Mary BethChief Human Resources OfficerSell$0.39M12,000 shares · Avg price 32.55
- 09-03Stephens Angela A.Senior VP & ControllerSell$0.31M9,500 shares · Avg price 32.70
- 08-25Alt Aaron EDirectorBuy$0.25M7,862 shares · Avg price 31.83
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q2 | 7.31 | +75.6% | 41.9% | 0.14 | 0.04 |
| FY2026 Q1 | 3.98 | +9.4% | 52.8% | 0.27 | 0.20 |
| FY2025 Q4 | 4.50 | +10.5% | 53.8% | 0.35 | 0.26 |
| FY2025 Q3 | 4.31 | +10.7% | 54.3% | 0.66 | 0.49 |
| FY2025 Q2 | 4.16 | +6.1% | 54.2% | 0.55 | 0.40 |
| FY2025 Q1 | 3.64 | +4.8% | 54.6% | 0.52 | 0.38 |
| FY2024 Q4 | 4.07 | +5.2% | 55.9% | -0.14 | -0.11 |
| FY2024 Q3 | 3.89 | +2.3% | 55.0% | 0.62 | 0.45 |
| FY2024 Q2 | 3.92 | +3.5% | 55.4% | 0.52 | 0.38 |
| FY2024 Q1 | 3.47 | +3.4% | 55.9% | 0.45 | 0.33 |
| FY2023 Q4 | 3.87 | +1.7% | 56.5% | 0.69 | 0.49 |
| FY2023 Q3 | 3.81 | +5.1% | 55.5% | 0.52 | 0.37 |