earnings
confidence high
sentiment positive
materiality 0.75
KDP Q4 adj EPS $0.58, FY adj EPS $1.92; guides 2025 high-single-digit adj EPS growth
Keurig Dr Pepper Inc.
2024-FY EPS reported
$1.05
revenue$15,351,000,000
- Full-year net sales $15.35B (+3.6% GAAP, +3.9% constant currency); Q4 net sales $4.07B (+5.2%, +6.2% constant currency).
- Q4 GAAP EPS loss of $(0.11) due to $718M intangible impairments and $225M GHOST distribution termination accrual.
- Adjusted operating income up 9.0% to $4.0B; free cash flow up 82% to $1.7B.
- U.S. Coffee net sales -2.6% for FY; K-Cup pod shipments flat, brewer shipments +7.3%.
- 2025 outlook: mid-single-digit net sales growth and high-single-digit adj EPS growth in constant currency; FX headwind ~1-2 ppts.