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Keurig Dr Pepper Inc. (KDP)

Beverages

Latest Price
$31.57
TTM P/E
23.39
Normalized P/E
23.80
Div Yield
2.91%
Book Value
18.59
P/B Ratio
1.70

Valuation metrics

adjust assumptions →
EPS: $1.53
Book value / share: $18.78
Formula: √(22.5 × EPS × BVPS)
Graham Number
$25.43
19% downside
Norm. op. income: $2.6B (median of 7yr)
Tax rate: 23%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$3.57
89% downside
Base FCF: $1.7B (median of recent 5yr)
Growth: -3%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$0.65
98% downside
EPS: $1.53
Target P/E: 24×
Formula: EPS × P/E
P/E Fair Value
$36.72
+16% upside

Institutional Ownership

90.6% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
FMR LLC145.63M$3.83B10.70%+10.14M2026-03-31
BlackRock, Inc.125.51M$3.30B9.23%+5.88M2026-03-31
Capital World Investors99.03M$2.61B7.28%+576.3K2026-03-31
HARRIS ASSOCIATES L P93.08M$2.45B6.84%+6.81M2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC85.97M$2.26B6.32%--2026-03-31
STATE STREET CORP65.12M$1.73B4.79%+872.3K2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC62.12M$1.64B4.57%--2026-03-31
WELLINGTON MANAGEMENT GROUP LLP61.74M$1.63B4.54%+4.74M2026-03-31
T. Rowe Price Investment Management, Inc.37.30M$982.0M2.74%+18.60M2026-03-31
GEODE CAPITAL MANAGEMENT, LLC32.94M$863.0M2.42%+1.14M2026-03-31
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