Keurig Dr Pepper Inc. (KDP)

Keurig Dr Pepper Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	14,929	14,814	14,057	12,683	11,618	11,120
Revenue Growth (YoY)	4.17%	5.39%	10.83%	9.17%	4.48%	49.42%
Cost of Revenue	6,653	6,734	6,734	5,706	5,132	4,778
Gross Profit	8,276	8,080	7,323	6,977	6,486	6,342
Selling, General & Admin	4,923	4,912	4,645	4,153	3,978	3,962
Other Operating Expenses	-20	-24	73	-70	28	2
Operating Expenses	4,903	4,888	4,718	4,083	4,006	3,964
Operating Income	3,373	3,192	2,605	2,894	2,480	2,378
Interest Expense / Income	651	496	693	500	604	654
Other Expense / Income	-48	-61	192	-405	123	30
Pretax Income	2,770	2,757	1,720	2,799	1,753	1,694
Income Tax	602	576	284	653	428	440
Net Income	2,168	2,181	1,436	2,146	1,325	1,254
Net Income Growth	64.49%	51.88%	-33.08%	61.96%	5.66%	113.99%
Shares Outstanding (Basic)	1,381	1,399	1,417	1,416	1,407	1,407
Shares Outstanding (Diluted)	1,388	1,408	1,429	1,428	1,422	1,419
Shares Change	-2.07%	-1.41%	0.04%	0.41%	0.21%	29.29%
EPS (Basic)	1.56	1.56	1.01	1.52	0.94	0.89
EPS (Diluted)	1.56	1.55	1.01	1.50	0.93	0.88
EPS Growth	67.74%	53.47%	-32.67%	61.29%	5.68%	66.04%
Free Cash Flow	788	857	2,626	2,541	2,142	2,356
Free Cash Flow Per Share	0.57	0.61	1.85	1.79	1.52	1.68
Dividend Per Share	0.415	0.815	0.763	0.675	0.600	0.600
Dividend Growth	-47.34%	6.82%	13.04%	12.50%	0%	-99.43%
Gross Margin	55.44%	54.54%	52.10%	55.01%	55.83%	57.03%
Operating Margin	22.59%	21.55%	18.53%	22.82%	21.35%	21.38%
Profit Margin	14.52%	14.72%	10.22%	16.92%	11.40%	11.28%
Free Cash Flow Margin	5.28%	5.79%	18.68%	20.03%	18.44%	21.19%
Effective Tax Rate	21.73%	20.89%	16.51%	23.33%	24.42%	25.97%
EBITDA	3,953	3,792	2,950	3,843	2,852	2,832
EBITDA Margin	26.48%	25.60%	20.99%	30.30%	24.55%	25.47%
Depreciation & Amortization	532	539	537	544	495	484
EBIT	3,421	3,253	2,413	3,299	2,357	2,348
EBIT Margin	22.92%	21.96%	17.17%	26.01%	20.29%	21.12%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).