Analysis of Geographic Areas
Keurig Dr Pepper Inc. operates in 2 regions: U.S. and International.
Area Asset Turnover
Keurig Dr Pepper Inc., asset turnover by geographic area
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|
| U.S. | 5.41 | 5.45 | 5.56 | 3.19 |
| International | 3.45 | 4.08 | 4.95 | 3.52 |
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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | U.S. | U.S. area asset turnover ratio deteriorated from 2019 to 2020 and from 2020 to 2021. |
| International | International area asset turnover ratio deteriorated from 2019 to 2020 and from 2020 to 2021. |
Area Asset Turnover: U.S.
Keurig Dr Pepper Inc.; U.S.; area asset turnover calculation
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||
| Net sales | 11,267) | 10,318) | 9,843) | 6,608) |
| Property, plant and equipment, net | 2,084) | 1,893) | 1,770) | 2,073) |
| Area Activity Ratio | ||||
| Area asset turnover1 | 5.41 | 5.45 | 5.56 | 3.19 |
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).
1 2021 Calculation
Area asset turnover = Net sales ÷ Property, plant and equipment, net
= 11,267 ÷ 2,084 = 5.41
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | U.S. | U.S. area asset turnover ratio deteriorated from 2019 to 2020 and from 2020 to 2021. |
Area Asset Turnover: International
Keurig Dr Pepper Inc.; International; area asset turnover calculation
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||
| Net sales | 1,416) | 1,300) | 1,277) | 834) |
| Property, plant and equipment, net | 410) | 319) | 258) | 237) |
| Area Activity Ratio | ||||
| Area asset turnover1 | 3.45 | 4.08 | 4.95 | 3.52 |
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).
1 2021 Calculation
Area asset turnover = Net sales ÷ Property, plant and equipment, net
= 1,416 ÷ 410 = 3.45
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | International | International area asset turnover ratio deteriorated from 2019 to 2020 and from 2020 to 2021. |
Net sales
Keurig Dr Pepper Inc., net sales by geographic area
US$ in millions
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|
| U.S. | 11,267) | 10,318) | 9,843) | 6,608) |
| International | 1,416) | 1,300) | 1,277) | 834) |
| Total | 12,683) | 11,618) | 11,120) | 7,442) |
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).
Property, plant and equipment, net
Keurig Dr Pepper Inc., property, plant and equipment, net by geographic area
US$ in millions
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|
| U.S. | 2,084) | 1,893) | 1,770) | 2,073) |
| International | 410) | 319) | 258) | 237) |
| Total | 2,494) | 2,212) | 2,028) | 2,310) |
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).