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Keurig Dr Pepper KDP U.S. Coffee — Goodwill

Other segment segments

U.S. Refreshment Beverages
$8.87B+0.2%
International
$2.72B+5.1%

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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$45.44B-0.3%
Enterprise value$51.5B-15.8%
P/E24.8×-2.3×
P/S2.7×-0.2×

Profitability

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Gross margin53.8%-1.5pp
Operating margin20.8%+3.9pp
Net margin10.8%+0.2pp
FCF margin9.3%-2.4pp

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

Reported directly by Keurig Dr Pepper in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Keurig Dr Pepper’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Keurig Dr Pepper's U.S. coffee — goodwill?
Keurig Dr Pepper (KDP) reported U.S. coffee — goodwill of $8.62B in Q1 2026.
How has Keurig Dr Pepper's U.S. coffee — goodwill changed year-over-year?
Keurig Dr Pepper's U.S. coffee — goodwill decreased by 0.0% year-over-year, from $8.62B to $8.62B.
What is the long-term trend for Keurig Dr Pepper's U.S. coffee — goodwill?
Over 2 years (2023 to 2025), Keurig Dr Pepper's U.S. coffee — goodwill has grown at a -0.1% compound annual growth rate (CAGR), from $34.58B to $34.49B.
What does U.S. coffee — goodwill mean?
Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations specifically allocated to the U.S. Coffee business segment. This asset reflects the premium paid for brand equity, customer relationships, and synergies within the coffee division. It is subject to periodic impairment testing to ensure the carrying value does not exceed its recoverable amount.