What is Keurig Dr Pepper's u.s. refreshment beverages — goodwill?

Keurig Dr Pepper (KDP) reported u.s. refreshment beverages — goodwill of $8.87B in Q1 2026.

How has Keurig Dr Pepper's u.s. refreshment beverages — goodwill changed year-over-year?

Keurig Dr Pepper's u.s. refreshment beverages — goodwill decreased by 55.8% year-over-year, from $20.06B to $8.87B.

What is the long-term trend for Keurig Dr Pepper's u.s. refreshment beverages — goodwill?

Over 5 years (2020 to 2025), Keurig Dr Pepper's u.s. refreshment beverages — goodwill has grown at a 0.1% compound annual growth rate (CAGR), from $20.18B to $20.25B.

What does u.s. refreshment beverages — goodwill mean?

The value of intangible assets like brand reputation assigned to the U.S. Refreshment Beverages segment from past acquisitions.

Discontinued — last reported Q3 '20

Business Segments · Goodwill

U.S. Refreshment Beverages — Goodwill

Keurig Dr Pepper U.S. Refreshment Beverages — Goodwill decreased by 56.1% to $8.87B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 55.8%, from $20.06B to $8.87B. Over 5 years (FY 2020 to FY 2025), U.S. Refreshment Beverages — Goodwill shows relatively stable performance with a 0.1% CAGR.

Analysis

StatementSegment

CategoryRisk

SignalContext dependent

VolatilityStable

First reportedQ4 2014

Last reportedQ3 2020

Rolls up toGoodwill

How to read this metric

An increase reflects new acquisitions, while a decrease typically indicates an impairment charge due to reduced expectations for the segment's future earnings.

Detailed definition

This represents the carrying value of goodwill attributed to the U.S. Refreshment Beverages business segment. It arises...

Peer comparison

Common in consumer packaged goods companies that grow through M&A; peers often report segment-level goodwill to show asset allocation.

Metric ID: kdp_segment_u_s_refreshment_beverages_goodwill

Historical Data

34 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q4 '22	Q1 '23	Q1 '23	Q2 '23	Q2 '23	Q3 '23	Q3 '23	Q4 '23	Q4 '23	Q1 '24	Q1 '24	Q2 '24	Q2 '24	Q3 '24	Q3 '24	Q4 '24	Q4 '24	Q1 '25	Q1 '25	Q2 '25	Q2 '25	Q3 '25	Q3 '25	Q4 '25	Q4 '25	Q1 '26	Q1 '26
Value	$20.27B	$20.19B	$20.18B	$20.24B	$20.16B	$20.02B	$20.07B	$8.71B	$20.12B	$2.78B	$20.19B	$8.71B	$20.12B	$8.71B	$20.20B	$8.71B	$20.16B	$8.71B	$20.08B	$8.71B	$20.08B	$8.72B	$20.05B	$8.86B	$20.06B	$8.86B	$20.23B	$8.87B	$20.20B	$8.87B	$20.25B	$8.87B	$20.21B	$8.87B
QoQ Change	—	-0.4%	-0.1%	+0.3%	-0.4%	-0.7%	+0.2%	-56.6%	+130.9%	-86.2%	+626.1%	-56.8%	+130.9%	-56.7%	+131.8%	-56.9%	+131.4%	-56.8%	+130.4%	-56.6%	+130.4%	-56.5%	+129.9%	-55.8%	+126.6%	-55.9%	+128.4%	-56.1%	+127.7%	-56.1%	+128.3%	-56.2%	+127.8%	-56.1%
YoY Change	—	—	—	—	-0.5%	-0.8%	-0.5%	-56.8%	-0.6%	-86.3%	+0.2%	-56.8%	+0.5%	-56.5%	+0.6%	-56.6%	+0.2%	-56.7%	-0.6%	-56.8%	-0.2%	-56.6%	-0.7%	-56.2%	-0.5%	-56.1%	+0.7%	-55.8%	+0.6%	-55.8%	+1.0%	-55.8%	+0.7%	-55.8%

Range$2.78B – $20.27B

CAGR-9.5%

Avg YoY Growth-27.3%

Median YoY Growth-0.8%

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Frequently Asked Questions

What is Keurig Dr Pepper's u.s. refreshment beverages — goodwill?: Keurig Dr Pepper (KDP) reported u.s. refreshment beverages — goodwill of $8.87B in Q1 2026.
How has Keurig Dr Pepper's u.s. refreshment beverages — goodwill changed year-over-year?: Keurig Dr Pepper's u.s. refreshment beverages — goodwill decreased by 55.8% year-over-year, from $20.06B to $8.87B.
What is the long-term trend for Keurig Dr Pepper's u.s. refreshment beverages — goodwill?: Over 5 years (2020 to 2025), Keurig Dr Pepper's u.s. refreshment beverages — goodwill has grown at a 0.1% compound annual growth rate (CAGR), from $20.18B to $20.25B.
What does u.s. refreshment beverages — goodwill mean?: The value of intangible assets like brand reputation assigned to the U.S. Refreshment Beverages segment from past acquisitions.