TTM
53.8%
YoY change
−1.36pp
Trough year (2022)
52.1%
Peak year (2004)
65.7%
Latest annual
54.2%
Gross Margin history chart for Keurig Dr Pepper (KDP) from 2004 to 2025
Latest: 54.2%
Gross Margin change chart for Keurig Dr Pepper (KDP) from 2004 to 2025
Latest: −1.36pp
Gross Margin history table for Keurig Dr Pepper (KDP) from 2004 to 2025
| 2025 | 54.2% | -1.36pp | ||
| 2024 | 55.6% | +1.02pp | ||
| 2023 | 54.5% | +2.45pp | ||
| 2022 | 52.1% | -2.92pp | ||
| 2021 | 55.0% | -0.82pp | ||
| 2020 | 55.8% | -1.21pp | ||
| 2019 | 57.0% | +4.87pp | ||
| 2018 | 52.2% | -7.55pp | ||
| 2017 | 59.7% | -0.19pp | ||
| 2016 | 59.9% | +0.64pp | ||
| 2015 | 59.3% | -0.04pp | ||
| 2014 | 59.3% | +0.97pp | ||
| 2013 | 58.3% | +0.03pp | ||
| 2012 | 58.3% | +0.40pp | ||
| 2011 | 57.9% | -2.30pp | ||
| 2010 | 60.2% | +0.59pp | ||
| 2009 | 59.6% | +4.97pp | ||
| 2008 | 54.6% | +0.17pp | ||
| 2007 | 54.5% | -3.42pp | ||
| 2006 | 57.9% | -7.17pp | ||
| 2005 | 65.1% | -0.66pp | ||
| 2004 | 65.7% | — |
- 202554.2%-1.36pp
- 202455.6%+1.02pp
- 202354.5%+2.45pp
- 202252.1%-2.92pp
- 202155.0%-0.82pp
- 202055.8%-1.21pp
- 201957.0%+4.87pp
- 201852.2%-7.55pp
- 201759.7%-0.19pp
- 201659.9%+0.64pp
- 201559.3%-0.04pp
- 201459.3%+0.97pp
- 201358.3%+0.03pp
- 201258.3%+0.40pp
- 201157.9%-2.30pp
- 201060.2%+0.59pp
- 200959.6%+4.97pp
- 200854.6%+0.17pp
- 200754.5%-3.42pp
- 200657.9%-7.17pp
- 200565.1%-0.66pp
- 200465.7%—
Gross Margin values are taken from Keurig Dr Pepper's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Keurig Dr Pepper (KDP)
According to Keurig Dr Pepper's latest reported financial statements, the company's latest reported gross margin is 53.8%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual gross margin for Keurig Dr Pepper (KDP) came in at 54.20% – contracted 1.4 percentage points year-over-year.
Across the available history, gross margin reached its high of 65.71% in 2004 and its low of 52.10% in 2022.
Keurig Dr Pepper Gross Margin by Year
Keurig Dr Pepper Gross Margin 2025: 54.2%
In 2025, Keurig Dr Pepper reported gross margin of 54.20%, contracted 1.4 percentage points from 2024.
Keurig Dr Pepper Gross Margin 2024: 55.6%
Keurig Dr Pepper gross margin in 2024 was 55.56%, expanded 1.0 percentage points from 2023.
Keurig Dr Pepper Gross Margin 2023: 54.5%
2023's gross margin for Keurig Dr Pepper came in at 54.54%, expanded 2.4 percentage points from 2022.
Keurig Dr Pepper Gross Margin 2022: 52.1%
Keurig Dr Pepper posted gross margin of 52.10% in 2022, contracted 2.9 percentage points from 2021. This figure represents the lowest annual value in the available history.
Keurig Dr Pepper Gross Margin 2021: 55.0%
Keurig Dr Pepper gross margin in 2021 was 55.01%.
See more financial history for Keurig Dr Pepper (KDP).
Sector peers by Gross Margin
Consumer Defensive peers of Keurig Dr Pepper (KDP), ranked by their latest gross margin
| 67.8% | |
| 67.3% | |
| 61.7% | |
| 55.5% | |
| 54.1% | |
| 50.3% | |
| 25.0% | |
| 12.9% |
- 67.8%
- 61.7%
- 54.1%
- 25.0%
- 12.9%
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