Keurig Dr Pepper Inc. is a North American consumer staples company operating in the beverages industry.
Formed through the merger of Keurig Green Mountain and Dr Pepper Snapple Group, it is one of the largest producers and distributors of beverages in the region, offering a wide portfolio that includes coffee, soft drinks, teas, water, and energy drinks.
The company was created with the objective of combining single-serve beverage technology with the traditional ready-to-drink beverage model. This integration brings together Keurig’s expertise in coffee brewing systems and Dr Pepper Snapple’s strong presence in non-alcoholic beverages.
Its portfolio includes well-known brands such as Dr Pepper, 7UP, Snapple, Canada Dry, Mott’s, Bai, as well as Keurig's K-Cup coffee pods compatible with Keurig brewing systems. The company also partners with global coffee brands by offering licensed K-Cup pods.
Keurig Dr Pepper operates primarily in the United States, Canada, and Mexico, supported by an integrated network of production facilities, bottling agreements, logistics centers, and retail partnerships that strengthen its market presence.
Key market factors include growing demand for functional beverages and low-sugar alternatives, the expansion of at-home beverage preparation systems, and competition from major players such as Coca-Cola and PepsiCo.
Its operational structure includes manufacturing plants, distribution centers, logistics operations, and specialized teams in innovation, marketing, and product development. The company’s business model combines ready-to-drink beverage sales with recurring revenue from coffee pod consumption.
Keurig Dr Pepper Inc. shares are traded on the Nasdaq under the ticker KDP.
History and when Keurig Dr Pepper Inc. was founded
Keurig Dr Pepper Inc. was established in 2018 following the merger between Keurig Green Mountain and Dr Pepper Snapple Group, creating one of the largest beverage companies in North America. However, the origins of both companies date back much further.
Dr Pepper Snapple Group traces its history to the late 19th century with the launch of the Dr Pepper beverage in 1885, later expanding into various soft drink brands. Keurig Green Mountain, founded in 1981, became known for transforming the coffee market through its K-Cup pods and single-serve brewing systems.
In 2018, after Dr Pepper Snapple Group was acquired by JAB Holding—the European parent company of Keurig—the two organizations merged to form Keurig Dr Pepper Inc. The merger combined decades-old expertise in soft drinks with Keurig’s innovation in hot beverages and coffee systems.
Between 2020 and 2024, the company invested heavily in sustainability initiatives, including recycling programs for K-Cup pods, emission reduction efforts, and improved packaging efficiency. It also expanded its presence in functional beverages and grew its direct-to-consumer digital channels.
Keurig Dr Pepper continues to strengthen its market position through diversified products, technological innovation, and strategic expansion.
Additional Information
The Company Keurig Dr Pepper Inc. (United States), is listed on Nasdaq with a market value of $ 37.69 Billions, having an equity of $ 25.32 Billions.
With a total of 27.000 employees, the company is listed in the sector of Consumer/Non-Cyclical and categorized in industry of Beverages (Nonalcoholic).
In the last 12 months the Company had a revenue of $ 16.17 Billions, which generated a profit in the amount of $ 1.58 Billion.
As for its main indicators, the Company has a P/E ratio of 23.82, a P/BV ratio of 1.49 and in the last 12 months the dividend yield of KDP was at 3.32%.
The Company is traded internationally through the ticker KDP.