Net Profit Margin
since 2008
Calculation
Keurig Dr Pepper Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss) attributable to KDP1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 16.92% | = | 100 | × | 2,146) | ÷ | 12,683) |
| Dec 31, 2020 | 11.40% | = | 100 | × | 1,325) | ÷ | 11,618) |
| Dec 31, 2019 | 11.28% | = | 100 | × | 1,254) | ÷ | 11,120) |
| Dec 31, 2018 | 7.87% | = | 100 | × | 586) | ÷ | 7,442) |
| Dec 31, 2017 | 16.08% | = | 100 | × | 1,076) | ÷ | 6,690) |
| Dec 31, 2016 | 13.15% | = | 100 | × | 847) | ÷ | 6,440) |
| Dec 31, 2015 | 12.16% | = | 100 | × | 764) | ÷ | 6,282) |
| Dec 31, 2014 | 11.49% | = | 100 | × | 703) | ÷ | 6,121) |
| Dec 31, 2013 | 10.41% | = | 100 | × | 624) | ÷ | 5,997) |
| Dec 31, 2012 | 10.49% | = | 100 | × | 629) | ÷ | 5,995) |
| Dec 31, 2011 | 10.27% | = | 100 | × | 606) | ÷ | 5,903) |
| Dec 31, 2010 | 9.37% | = | 100 | × | 528) | ÷ | 5,636) |
| Dec 31, 2009 | 10.03% | = | 100 | × | 555) | ÷ | 5,531) |
| Dec 31, 2008 | -5.46% | = | 100 | × | (312) | ÷ | 5,710) |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31).
1 US$ in millions
- Net Income (Loss) Trend
- The net income attributable to the company demonstrated a significant recovery and growth over the analyzed period. Initially, there was a net loss of 312 million US dollars in 2008, followed by positive figures in subsequent years. From 2009 onward, net income consistently increased, peaking at 2,146 million US dollars in 2021 with some fluctuations. Notably, there was a substantial rise between 2017 and 2018, diminishing in 2018, then rising again to the highest level observed in 2021.
- Net Sales Development
- Net sales displayed steady growth throughout the period. Starting at 5,710 million US dollars in 2008, the sales showed slight variability but generally rose each year. The most significant increase occurred between 2018 and 2019, where sales jumped from 7,442 million to 11,120 million US dollars, and a continued rise thereafter, reaching 12,683 million US dollars in 2021. This growth trend reflects expansion and possibly increased market penetration or diversification.
- Net Profit Margin Analysis
- The net profit margin experienced notable fluctuations over the years, beginning with a negative margin of -5.46% in 2008. From 2009, margins improved substantially, maintaining a range roughly between 9% and 16% for most of the period. A high point was reached in 2017 at 16.08%, followed by a marked decline in 2018 to 7.87%. Thereafter, margins improved once more, achieving 16.92% in 2021, the highest margin recorded, indicating effective cost control or pricing strategies resulting in higher profitability relative to sales.
- Overall Financial Performance Insights
- The company exhibited an overall positive trajectory in financial performance from 2008 to 2021. The transition from a net loss to robust profit indicates successful turnaround efforts. Steady increases in net sales alongside improving profit margins suggest enhanced operational efficiency and favorable market conditions. The fluctuations in profit margins and net income around 2017-2019 may reflect one-time impacts or strategic investments but the recovery by 2021 confirms resumed profitability growth.
Comparison to Competitors
Keurig Dr Pepper Inc., net profit margin, long-term trends, comparison to competitors
| Keurig Dr Pepper Inc. | Coca-Cola Co. | Mondelēz International Inc. | PepsiCo Inc. | Philip Morris International Inc. | |
|---|---|---|---|---|---|
| Dec 31, 2021 | 16.92% | 25.28% | 14.97% | 9.59% | 29.00% |
| Dec 31, 2020 | 11.40% | 23.47% | 13.37% | 10.12% | 28.08% |
| Dec 31, 2019 | 11.28% | 23.94% | 14.96% | 10.89% | 24.11% |
| Dec 31, 2018 | 7.87% | 20.20% | 13.03% | 19.35% | 26.70% |
| Dec 31, 2017 | 16.08% | 3.52% | 11.28% | 7.65% | 20.99% |
| Dec 31, 2016 | 13.15% | 15.59% | 6.40% | 10.08% | 26.11% |
| Dec 31, 2015 | 12.16% | 16.60% | 24.52% | 8.65% | 25.65% |
| Dec 31, 2014 | 11.49% | 15.43% | 6.38% | 9.77% | 25.17% |
| Dec 31, 2013 | 10.41% | 18.32% | 11.09% | 10.15% | 27.47% |
| Dec 31, 2012 | 10.49% | 18.78% | 8.65% | 9.43% | 28.05% |
| Dec 31, 2011 | 10.27% | 18.42% | 6.49% | 9.69% | 27.63% |
| Dec 31, 2010 | 9.37% | 33.63% | 8.36% | 10.93% | 26.68% |
| Dec 31, 2009 | 10.03% | 22.02% | 7.48% | 13.75% | 25.33% |
| Dec 31, 2008 | -5.46% | 18.18% | 6.87% | 11.89% | 26.80% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31).
Comparison to Sector (Food, Beverage & Tobacco)
Keurig Dr Pepper Inc., net profit margin, long-term trends, comparison to sector (food, beverage & tobacco)
| Keurig Dr Pepper Inc. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 31, 2021 | 16.92% | 17.28% |
| Dec 31, 2020 | 11.40% | 16.69% |
| Dec 31, 2019 | 11.28% | 17.04% |
| Dec 31, 2018 | 7.87% | 19.88% |
| Dec 31, 2017 | 16.08% | 9.81% |
| Dec 31, 2016 | 13.15% | 13.66% |
| Dec 31, 2015 | 12.16% | 16.45% |
| Dec 31, 2014 | 11.49% | 13.18% |
| Dec 31, 2013 | 10.41% | 15.47% |
| Dec 31, 2012 | 10.49% | 15.02% |
| Dec 31, 2011 | 10.27% | 13.67% |
| Dec 31, 2010 | 9.37% | 17.42% |
| Dec 31, 2009 | 10.03% | 15.85% |
| Dec 31, 2008 | -5.46% | 14.49% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31).
Comparison to Industry (Consumer Staples)
Keurig Dr Pepper Inc., net profit margin, long-term trends, comparison to industry (consumer staples)
| Keurig Dr Pepper Inc. | Consumer Staples | |
|---|---|---|
| Dec 31, 2021 | 16.92% | 6.21% |
| Dec 31, 2020 | 11.40% | 6.22% |
| Dec 31, 2019 | 11.28% | 4.62% |
| Dec 31, 2018 | 7.87% | 6.05% |
| Dec 31, 2017 | 16.08% | 5.52% |
| Dec 31, 2016 | 13.15% | 5.88% |
| Dec 31, 2015 | 12.16% | 5.62% |
| Dec 31, 2014 | 11.49% | 6.00% |
| Dec 31, 2013 | 10.41% | 6.75% |
| Dec 31, 2012 | 10.49% | 6.65% |
| Dec 31, 2011 | 10.27% | 6.99% |
| Dec 31, 2010 | 9.37% | 7.59% |
| Dec 31, 2009 | 10.03% | 6.93% |
| Dec 31, 2008 | -5.46% | 6.75% |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31).