Market Capitalization (Millions $) |
41,523 |
Shares
Outstanding (Millions) |
1,407 |
Employees |
27,500 |
Revenues (TTM) (Millions $) |
14,814 |
Net Income (TTM) (Millions $) |
2,181 |
Cash Flow (TTM) (Millions $) |
-287 |
Capital Exp. (TTM) (Millions $) |
369 |
Keurig Dr Pepper Inc
Keurig Dr Pepper Inc. (KDP) is a beverage company headquartered in Burlington, Massachusetts. The company was formed in July 2018 when Keurig Green Mountain merged with Dr Pepper Snapple Group. KDP is a leading producer and distributor of various non-alcoholic beverages in the United States and Canada. The company has a diverse portfolio of brands and products ranging from coffee and tea to soda and juice.
KDP primarily operates through two segments, Beverage Concentrates and Packaged Beverages. The Beverage Concentrates segment sells flavored concentrates and syrups, as well as beverage-related ingredients, to third-party bottlers, distributors, and retailers. The Packaged Beverages segment sells a portfolio of carbonated soft drinks, juices, teas, bottled water, and energy drinks to consumers through a network of retailers and distributors.
KDP has a significant presence in the coffee market through its Keurig brand. Keurig produces and sells single-serve coffee pods, brewers, and accessories. KDPes coffee portfolio also includes Green Mountain Coffee Roasters, Caribou Coffee, and Tully's Coffee. KDPes tea portfolio includes Snapple, Mistic, and Canada Dry. In the soda segment, KDP produces and sells Dr Pepper, 7UP, A&W Root Beer, Sunkist, and Crush. In addition, KDP has entered the energy drink market with its Venom and NOS brands.
KDP has a strong distribution network and reaches customers through multiple channels, including supermarkets, convenience stores, vending machines, and e-commerce platforms. The company operates several manufacturing facilities spread across North America, including bottling plants, roasting facilities, and distribution centers.
KDP is committed to sustainability and has implemented several measures to reduce its environmental footprint. The company has set targets to achieve 100% recyclable or compostable packaging by 2025 and aims to reduce its greenhouse gas emissions by 20% by 2025. KDP has also set a target of sourcing 100% sustainable coffee by 2020.
KDP is led by a highly experienced management team comprising industry veterans who are driving the companyes growth and expansion. The company reported net revenues of $11.06 billion in 2020 and employs over 25,000 people. KDP has been recognized for its business excellence and is listed on the Fortune 500 list of Americaes largest corporations.
Company Address: 53 South Avenue Burlington 1803 MA
Company Phone Number: 418-7000 Stock Exchange / Ticker: NASDAQ KDP
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