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Keurig Dr Pepper KDP Interest coverage

Interest coverage at other companies

Coca-Cola logo
Coca-ColaKO
8.8×+1.9×
PepsiCo logo
PepsiCoPEP
10.5×-2.5×
Starbucks logo
StarbucksSBUX
5.2×-3.3×
Constellation Brands logo
Constellation BrandsSTZ
7.5×+6.9×
Church & Dwight logo
Church & DwightCHD
11.2×+2.6×
General Mills logo
General MillsGIS
6.6×-0.4×

Other financials

Income statement

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Revenue$4.0B+9.4%
Gross profit$2.1B+5.7%
Operating income$756.0M-5.6%
Net income$270.0M-47.8%
EPS (diluted)$0.20-47.4%

Balance sheet

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Cash & equivalents$18.7B+2,392%
Total debt$24.8B+68.9%
Total equity$25.3B+3.3%
Total assets$73.1B+36.2%

Cash flow

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Operating cash flow$281.0M+34.4%
CapEx$116.0M-3.3%
Free cash flow$165.0M+85.4%

Valuation

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Market cap$41.85B-22.9%
Enterprise value$47.91B-30.7%
P/E22.8×-10.1×
P/S2.5×-1.0×

Profitability

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Gross margin53.8%-1.5pp
Operating margin20.8%+3.9pp
Net margin10.8%+0.2pp

Returns & leverage

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Return on equity7.4%+0.7pp
Debt / equity+0.4×
Current ratio2.3×+1.8×

Where this comes from

Calculated from Keurig Dr Pepper’s reported figures.

Based on trailing twelve months.

The official record: Keurig Dr Pepper’s 10-Q, filed October 28, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Keurig Dr Pepper's interest coverage?
Keurig Dr Pepper (KDP) reported interest coverage of 6.4× in Q4 2023.
How has Keurig Dr Pepper's interest coverage changed year-over-year?
Keurig Dr Pepper's interest coverage increased by 71.2% year-over-year, from 3.8× to 6.4×.
What is the long-term trend for Keurig Dr Pepper's interest coverage?
Over 2 years (2021 to 2023), Keurig Dr Pepper's interest coverage has grown at a -4.0% compound annual growth rate (CAGR), from 21× to 19.3×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.