Keurig Dr Pepper Inc
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 25, 2025
KDP$37.59+1.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income
| Year Ended December 31, | |||
|---|---|---|---|
| (in millions, except per share data) | 2024 | 2023 | 2022 |
| Net sales | $15,351 | $14,814 | $14,057 |
| Cost of sales | 6,822 | 6,734 | 6,734 |
| Gross profit | 8,529 | 8,080 | 7,323 |
| Selling, general, and administrative expenses | 5,013 | 4,912 | 4,645 |
| Impairment of goodwill | 306 | — | — |
| Impairment of other intangible assets | 412 | 2 | 477 |
| Gain on litigation settlement | — | — | (299) |
| Other operating expense (income), net | 207 | (26) | (105) |
| Income from operations | 2,591 | 3,192 | 2,605 |
| Interest expense, net | 735 | 496 | 693 |
| Loss on early extinguishment of debt | — | — | 217 |
| Gain on sale of equity method investment | — | — | (50) |
| Impairment of investments and note receivable | 2 | — | 12 |
| Other (income) expense, net | (60) | (61) | 14 |
| Income before provision for income taxes | 1,914 | 2,757 | 1,719 |
| Provision for income taxes | 473 | 576 | 284 |
| Net income including non-controlling interest | 1,441 | 2,181 | 1,435 |
| Less: Net loss attributable to non-controlling interest | — | — | (1) |
| Net income | $1,441 | $2,181 | $1,436 |
| Earnings per common share: | |||
| Basic | $1.06 | $1.56 | $1.01 |
| Diluted | 1.05 | 1.55 | 1.01 |
| Weighted average common shares outstanding: | |||
| Basic | 1,362.2 | 1,399.3 | 1,416.8 |
| Diluted | 1,368.3 | 1,408.4 | 1,428.5 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.