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Keurig Dr Pepper (WBO:KDP) Gross Profit : €7,649 Mil (TTM As of Mar. 2024)


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What is Keurig Dr Pepper Gross Profit?

Keurig Dr Pepper's gross profit for the three months ended in Mar. 2024 was €1,785 Mil. Keurig Dr Pepper's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €7,649 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Keurig Dr Pepper's gross profit for the three months ended in Mar. 2024 was €1,785 Mil. Keurig Dr Pepper's Revenue for the three months ended in Mar. 2024 was €3,191 Mil. Therefore, Keurig Dr Pepper's Gross Margin % for the quarter that ended in Mar. 2024 was 55.94%.

Keurig Dr Pepper had a gross margin of 55.94% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Keurig Dr Pepper was 59.91%. The lowest was 52.10%. And the median was 56.43%.


Keurig Dr Pepper Gross Profit Historical Data

The historical data trend for Keurig Dr Pepper's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Keurig Dr Pepper Gross Profit Chart

Keurig Dr Pepper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,707.80 5,331.49 6,174.65 6,912.91 7,409.36

Keurig Dr Pepper Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,628.90 1,883.84 1,978.01 2,002.73 1,784.80

Competitive Comparison of Keurig Dr Pepper's Gross Profit

For the Beverages - Non-Alcoholic subindustry, Keurig Dr Pepper's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Keurig Dr Pepper's Gross Profit Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Keurig Dr Pepper's Gross Profit distribution charts can be found below:

* The bar in red indicates where Keurig Dr Pepper's Gross Profit falls into.



Keurig Dr Pepper Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Keurig Dr Pepper's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=13584.438 - 6175.078
=7,409

Keurig Dr Pepper's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=3190.56 - 1405.76
=1,785

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €7,649 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Keurig Dr Pepper's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,785 / 3190.56
=55.94 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Keurig Dr Pepper  (WBO:KDP) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Keurig Dr Pepper had a gross margin of 55.94% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Keurig Dr Pepper Gross Profit Related Terms

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Keurig Dr Pepper (WBO:KDP) Business Description

Traded in Other Exchanges
Address
53 South Avenue, Burlington, MA, USA, 01803
Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. The company controls production and route to market for its own brands through in-house manufacturing plants and distribution infrastructure and leverages these facilities to manufacture and distribute for third-party coffee and beverage brands via licensing and partnership agreements. U.S. and Canada make up 95% of revenues, with the rest from Mexico.