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All stocks · Consumer Defensive · Soft Drinks & Non-alcoholic Beverages

Keurig Dr Pepper Inc KDP

Keurig Dr Pepper Inc scores average on business quality (4.9 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$31.76Oct 9, 2026
Business qualityAverage
Next earningsNov 3, 2026, before the open
Insiders, 90 daysBuying

Why it matters

  1. What Keurig Dr Pepper Inc does

    Keurig Dr Pepper manufactures and distributes hot and cold beverages, anchored by its single-serve coffee systems and carbonated soft drink brands, selling to retailers and direct-to-consumer buyers. The company is leaning into its innovation pipeline to reignite growth in its core coffee segment.

  2. What it does best

    Keurig Dr Pepper dominates single-serve at-home coffee delivery, supported by a gross margin of 49.4% that outpaces PEP at 54.2% but lags KO at 61.9%. This ecosystem lock-in relies on proprietary brewer hardware that forces recurring purchases of branded pods.

  3. The main risk

    Heavy debt loads create a vulnerability, with total debt sitting at $17.1B against $1.0B in cash. If interest rates remain elevated, servicing this $16.1B net debt pile will continuously constrain cash deployment.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityWeak

Operating margin stands at 16.2% with an FCF margin of 9.8%, showing stable generation that places gross and operating metrics in the top quartile at the 74th sector percentile.

MoatFair

Proprietary brewer hardware locks in consumers and commercial partners, backed by a gross margin sitting in the top quartile of its sector at 74th percentile.

GrowthSteady

Revenue growth hit 8.2% on trailing figures, showing an acceleration over historical annual summaries where revenue rose from $11.6B in 2020 to $16.6B in 2025.

Financial healthWeak

Total debt of $17.1B heavily outweighs cash of $1.0B, backed by an interest coverage ratio of 3.1x leaving narrow room for error. Free cash flow reached $2.0B, getting softer as capital demands persist.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

1 insider bought $250K on the open market. 2 sold $1.1M outside pre-planned sales.

Our sealed record on KDP

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is KDP a good business?

Keurig Dr Pepper Inc scores average on the Cluenex quality check (4.9 of 10), measured against its own industry. Profitability is weak, moat fair, growth steady and financial health weak.

Are insiders buying KDP?

In the last 90 days of SEC Form 4 filings: 1 insider bought $250K on the open market. 2 sold $1.1M outside pre-planned sales.

When does KDP report earnings?

Nov 3, 2026, before the open.

For members

See KDP today

  • Today's verdict on KDP, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
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Cite this page: Cluenex, “Keurig Dr Pepper Inc (KDP)”, https://cluenex.com/stocks/kdp/, data as of Oct 10, 2026.