← Keurig Dr Pepper Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $6.4b $6.7b $7.4b $11.1b $11.6b $12.7b $14.1b $14.8b $15.4b $16.6b
Cost of Revenue $2.6b $2.7b $3.6b $4.8b $5.1b $5.7b $6.7b $6.7b $6.8b $7.6b
Gross Profit $3.9b $4.0b $3.9b $6.3b $6.5b $7.0b $7.3b $8.1b $8.5b $9.0b
Operating Income (Loss) $1.4b $1.4b $1.2b $2.4b $2.5b $2.9b $2.6b $3.2b $2.6b $3.6b
Additional Financial Items
Amortization of Intangible Assets $3.0m $7.0m $121.0m $126.0m $133.0m $134.0m $138.0m $137.0m $133.0m $138.0m
Gain (Loss) Related to Litigation Settlement — — — — — — $299.0m $0 $0 —
Goodwill, Impairment Loss $0 $0 — — — — — — $306.0m $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $1.2b $1.1b $635.0m $1.4b $1.4b $2.4b $789.0m $1.7b $696.0m $1.3b
Income (Loss) from Equity Method Investments ($2.0m) ($2.0m) — ($51.0m) ($20.0m) ($5.0m) ($5.0m) $33.0m $42.0m $81.0m
Investment Income, Interest $3.0m $3.0m — — — — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — $791.0m $1.7b $1.8b $2.8b $1.7b $2.8b $1.9b $2.7b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $849.0m $1.1b — — — — — — — —
Net Income (Loss) Attributable to Parent $847.0m $1.1b $586.0m $1.3b $1.3b $2.1b $1.4b $2.2b $1.4b $2.1b
Net Income (Loss) Attributable to Noncontrolling Interest — — $3.0m $0 $0 ($1.0m) ($1.0m) $0 $0 —
Earnings Per Share, Basic $4.57 $5.91 $0.54 $0.89 $0.94 $1.52 $1.01 $1.56 $1.06 $1.53
Earnings Per Share, Diluted $4.54 $5.89 $0.53 $0.88 $0.93 $1.50 $1.01 $1.55 $1.05 $1.53
Common Stock, Dividends, Per Share, Declared $2.12 $2.32 $0.54 $0.89 $0.60 $0.71 $0.78 $0.83 $0.89 $0.92
Weighted Average Number of Shares Outstanding, Basic 185.4m 182.0m 1.1b 1.4b 1.4b 1.4b 1.4b 1.4b 1.4b 1.4b
Weighted Average Number of Shares Outstanding, Diluted 186.6m 182.8m 1.1b 1.4b 1.4b 1.4b 1.4b 1.4b 1.4b 1.4b
Selling, General and Administrative Expense $2.3b $2.6b $2.6b $4.0b $4.0b $4.2b $4.6b $4.9b $5.0b $5.4b
Other Nonoperating Income (Expense) $25.0m $8.0m $19.0m ($19.0m) ($17.0m) $2.0m ($14.0m) $61.0m $60.0m ($134.0m)
Interest Expense $147.0m $164.0m $401.0m $654.0m $604.0m $500.0m $693.0m $496.0m $735.0m $754.0m
Business Combination, Acquisition Related Costs — — $162.0m $25.0m $0 — — — — —
Current Income Tax Expense (Benefit) $405.0m $296.0m $283.0m $463.0m $479.0m $622.0m $573.0m $580.0m $727.0m $563.0m
Interest Expense, Debt — — — — $604.0m $500.0m — — — —
Marketing and Advertising Expense $477.0m $547.0m $411.0m $670.0m $489.0m $540.0m $537.0m $640.0m $657.0m $629.0m
Research and Development Expense $20.0m $20.0m $64.0m $81.0m $69.0m $66.0m $65.0m $66.0m $70.0m $70.0m
Restructuring and Related Cost, Incurred Cost — — $64.0m $31.0m $31.0m — — — — —
Income Tax Expense (Benefit) $434.0m $95.0m $202.0m $440.0m $428.0m $653.0m $284.0m $576.0m $473.0m $608.0m
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement $2.0m ($1.0m) — — — — — — — —
Interest Income (Expense), Net ($144.0m) ($161.0m) ($401.0m) ($654.0m) — — — — — —
Interest Income (Expense), Nonoperating, Net — — — — — — — — ($735.0m) ($754.0m)
Other Operating Income (Expense), Net $3.0m $51.0m ($10.0m) ($2.0m) $39.0m $70.0m $105.0m $26.0m ($207.0m) $5.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.