Free Cash Flow for Keurig Dr Pepper (KDP)
Free Cash Flow for Keurig Dr Pepper (KDP): headline value $1.58B · YoY -9.1%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingFree Cash FlowSwitch metric
Latest period
$1.58B
YoY change
-9.1%
5Y CAGR
-4.9%
Peak year (2022)
$2.46B
Latest annual
$1.50B
Free Cash Flow history chart for Keurig Dr Pepper (KDP) from 2004 to 2025
Free Cash Flow history table for Keurig Dr Pepper (KDP) from 2004 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $1.50B | -9.1% | ||
| 2024 | $1.66B | +95.3% | ||
| 2023 | $848.00M | -65.5% | ||
| 2022 | $2.46B | +1.6% | ||
| 2021 | $2.42B | +24.8% | ||
| 2020 | $1.94B | -8.1% | ||
| 2019 | $2.11B | +47.2% | ||
| 2018 | $1.43B | +72.7% | ||
| 2017 | $830.00M | +9.6% | ||
| 2016 | $757.00M | -6.7% | ||
| 2015 | $811.00M | -4.7% | ||
| 2014 | $851.00M | +24.8% | ||
| 2013 | $682.00M | +164.3% | ||
| 2012 | $258.00M | -52.4% | ||
| 2011 | $542.00M | -76.3% | ||
| 2010 | $2.29B | +317.7% | ||
| 2009 | $548.00M | +35.3% | ||
| 2008 | $405.00M | +8.6% | ||
| 2007 | $373.00M | -11.8% | ||
| 2006 | $423.00M | -21.5% | ||
| 2005 | $539.00M | 0.0% | ||
| 2004 | $539.00M | — |
Free Cash Flow values are taken from Keurig Dr Pepper's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Keurig Dr Pepper (KDP) reported free cash flow of $1.50B – declined 9.1% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Keurig Dr Pepper free cash flow compounded at -4.9% per year, with a net decline across the window.
Between 2022 and 2025, Keurig Dr Pepper free cash flow plunged 38.8%, falling from $2.46B to $1.50B.
$2.46B stands as the all-time-high annual free cash flow, posted in 2022, against a low of $258.00M during 2012.
Keurig Dr Pepper (KDP) sits 9th of 8 Consumer Defensive peers we track on this metric, against a peer median of $8.46B.
Keurig Dr Pepper Free Cash Flow by Year
Keurig Dr Pepper Free Cash Flow 2025: $1.50B
Keurig Dr Pepper free cash flow in 2025 was $1.50B, declined 9.1% below 2024.
Keurig Dr Pepper Free Cash Flow 2024: $1.66B
Keurig Dr Pepper free cash flow in 2024 was $1.66B, surged 95.3% from 2023.
Keurig Dr Pepper Free Cash Flow 2023: $848.00M
Keurig Dr Pepper free cash flow in 2023 was $848.00M, plunged 65.5% below 2022.
Keurig Dr Pepper Free Cash Flow 2022: $2.46B
Keurig Dr Pepper free cash flow in 2022 was $2.46B, edged up 1.6% from 2021. This figure represents the highest annual value in the available history.
Keurig Dr Pepper Free Cash Flow 2021: $2.42B
Keurig Dr Pepper free cash flow in 2021 was $2.42B.
See more financial history for Keurig Dr Pepper (KDP).
Sector peers — Free Cash Flow
Companies in the same sector as Keurig Dr Pepper, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $14.92B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $14.04B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $10.66B | Consumer Defensive |
| Altria Group, Inc. (MO) | $9.07B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $7.84B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $7.67B | Consumer Defensive |
| The Coca-Cola Company (KO) | $5.30B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $1.97B | Consumer Defensive |
Frequently asked questions
What is Keurig Dr Pepper's free cash flow?
Latest reported free cash flow for Keurig Dr Pepper (KDP) is $1.58B (period ending March 31, 2026).
How has Keurig Dr Pepper free cash flow changed year-over-year?
Keurig Dr Pepper (KDP) free cash flow changed -9.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Keurig Dr Pepper free cash flow?
Keurig Dr Pepper (KDP) free cash flow compound annual growth rate is -4.9% over the most recent 5 years available.
When did Keurig Dr Pepper free cash flow hit its highest annual value?
Keurig Dr Pepper free cash flow reached its highest annual value of $2.46B in 2022.
What was Keurig Dr Pepper free cash flow in 2024?
Keurig Dr Pepper (KDP) free cash flow in 2024 was $1.66B.
What was Keurig Dr Pepper free cash flow in 2025?
Keurig Dr Pepper (KDP) free cash flow in 2025 was $1.50B.
Metrics overview
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