Keurig Dr Pepper annual debt-to-ebitda ratio
2009
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2025
Keurig Dr Pepper Debt-to-EBITDA Ratio Growth & History (KDP)
Keurig Dr Pepper's debt-to-ebitda ratio was 4.31 for fiscal 2025.
View full Keurig Dr Pepper company overviewKeurig Dr Pepper annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 4.31 | −1.18 | −21.54% |
| 2024 | 2024-12-31 | 5.49 | 1.52 | +38.20% |
| 2023 | 2023-12-31 | 3.97 | −0.35 | −8.09% |
| 2022 | 2022-12-31 | 4.32 | 0.46 | +12.04% |
| 2021 | 2021-12-31 | 3.86 | −1.01 | −20.73% |
| 2020 | 2020-12-31 | 4.87 | −0.45 | −8.50% |
| 2019 | 2019-12-31 | 5.32 | −4.68 | −46.82% |
| 2018 | 2018-12-31 | 10.00 | 7.68 | +330.03% |
| 2017 · Dec 31 | 2017-12-31 | 2.33 | −0.60 | −20.42% |
| 2017 · Sep 30 | 2017-09-30 | 3.57 | — | — |
| 2016 | 2016-12-31 | 2.92 | 0.42 | +16.57% |
| 2015 | 2015-12-31 | 2.51 | 0.45 | +21.66% |
| 2014 | 2014-12-31 | 2.06 | −0.20 | −9.02% |
| 2013 | 2013-12-31 | 2.27 | −0.09 | −3.72% |
| 2012 | 2012-12-31 | 2.35 | −0.01 | −0.23% |
| 2011 | 2011-12-31 | 2.36 | 0.54 | +29.74% |
| 2010 | 2010-12-31 | 1.82 | −0.65 | −26.26% |
| 2009 | 2009-12-31 | 2.47 | — | — |
Keurig Dr Pepper quarterly debt-to-ebitda ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 7.94 | 2.49 | +45.65% |
| Q1 2026 | 2026-03-31 | 6.68 | 1.14 | +20.65% |
| Q4 2025 | 2025-12-31 | 4.31 | −1.18 | −21.54% |
| Q3 2025 | 2025-09-30 | 5.26 | 1.14 | +27.75% |
| Q2 2025 | 2025-06-30 | 5.45 | 1.36 | +33.10% |
| Q1 2025 | 2025-03-31 | 5.53 | 1.32 | +31.34% |
| Q4 2024 | 2024-12-31 | 5.49 | 1.52 | +38.20% |
| Q3 2024 | 2024-09-30 | 4.11 | −0.03 | −0.82% |
| Q2 2024 | 2024-06-30 | 4.10 | −0.70 | −14.56% |
| Q1 2024 | 2024-03-31 | 4.21 | −0.81 | −16.08% |
| Q4 2023 | 2023-12-31 | 3.97 | −0.35 | −8.09% |
| Q3 2023 | 2023-09-30 | 4.15 | 0.04 | +1.00% |
| Q2 2023 | 2023-06-30 | 4.79 | 1.15 | +31.53% |
| Q1 2023 | 2023-03-31 | 5.02 | 1.54 | +44.34% |
| Q4 2022 | 2022-12-31 | 4.32 | 0.46 | +12.04% |
| Q3 2022 | 2022-09-30 | 4.11 | −0.01 | −0.15% |
| Q2 2022 | 2022-06-30 | 3.64 | −0.63 | −14.76% |
| Q1 2022 | 2022-03-31 | 3.48 | −1.19 | −25.51% |
| Q4 2021 | 2021-12-31 | 3.86 | −1.01 | −20.73% |
| Q3 2021 | 2021-09-30 | 4.11 | −0.86 | −17.36% |
| Q2 2021 | 2021-06-30 | 4.28 | −1.05 | −19.71% |
| Q1 2021 | 2021-03-31 | 4.67 | −0.70 | −13.01% |
| Q4 2020 | 2020-12-31 | 4.87 | −0.45 | −8.50% |
| Q3 2020 | 2020-09-30 | 4.98 | −0.65 | −11.61% |
| Q2 2020 | 2020-06-30 | 5.33 | −0.89 | −14.35% |
| Q1 2020 | 2020-03-31 | 5.37 | −2.58 | −32.48% |
| Q4 2019 | 2019-12-31 | 5.32 | −4.68 | −46.82% |
| Q3 2019 | 2019-09-30 | 5.63 | −8.59 | −60.40% |
| Q2 2019 | 2019-06-30 | 6.22 | 1.62 | +35.25% |
| Q1 2019 | 2019-03-31 | 7.95 | 3.36 | +73.14% |
| Q4 2018 | 2018-12-31 | 10.00 | 6.54 | +188.61% |
| Q3 2018 | 2018-09-30 | 14.22 | 10.43 | +275.31% |
| Q2 2018 · Jun 30 | 2018-06-30 | 4.60 | 0.68 | +17.49% |
| Q1 2018 | 2018-03-31 | 4.59 | 1.48 | +47.66% |
| Q4 2017 · Dec 31 | 2017-12-31 | 3.47 | 0.54 | +18.58% |
| Q4 2017 · Sep 30 | 2017-09-30 | 3.79 | 1.60 | +73.29% |
| Q2 2017 | 2017-06-30 | 3.91 | 1.94 | +98.44% |
| Q1 2017 | 2017-03-31 | 3.11 | 1.09 | +54.12% |
| Q4 2016 | 2016-12-31 | 2.92 | 0.42 | +16.57% |
| Q3 2016 | 2016-09-30 | 2.19 | 0.14 | +6.68% |
| Q2 2016 | 2016-06-30 | 1.97 | −0.08 | −3.71% |
| Q1 2016 | 2016-03-31 | 2.02 | −0.07 | −3.15% |
| Q4 2015 | 2015-12-31 | 2.51 | 0.45 | +21.66% |
| Q3 2015 | 2015-09-30 | 2.05 | 0.05 | +2.74% |
| Q2 2015 | 2015-06-30 | 2.05 | −0.02 | −1.15% |
| Q1 2015 | 2015-03-31 | 2.08 | −0.15 | −6.68% |
| Q4 2014 | 2014-12-31 | 2.06 | −0.20 | −9.02% |
| Q3 2014 | 2014-09-30 | 2.00 | −0.17 | −8.01% |
| Q2 2014 | 2014-06-30 | 2.07 | −0.14 | −6.25% |
| Q1 2014 | 2014-03-31 | 2.23 | −0.06 | −2.76% |
| Q4 2013 | 2013-12-31 | 2.27 | −0.09 | −3.72% |
| Q3 2013 | 2013-09-30 | 2.17 | −0.14 | −6.17% |
| Q2 2013 | 2013-06-30 | 2.21 | −0.16 | −6.59% |
| Q1 2013 | 2013-03-31 | 2.30 | −0.08 | −3.36% |
| Q4 2012 | 2012-12-31 | 2.35 | −0.01 | −0.23% |
| Q3 2012 | 2012-09-30 | 2.31 | 0.03 | +1.52% |
| Q2 2012 | 2012-06-30 | 2.37 | 0.11 | +4.89% |
| Q1 2012 | 2012-03-31 | 2.38 | 0.16 | +7.29% |
| Q4 2011 | 2011-12-31 | 2.36 | 0.54 | +29.74% |
| Q3 2011 | 2011-09-30 | 2.28 | 0.01 | +0.49% |
| Q2 2011 | 2011-06-30 | 2.26 | 0.01 | +0.44% |
| Q1 2011 | 2011-03-31 | 2.21 | −0.06 | −2.68% |
| Q4 2010 | 2010-12-31 | 1.82 | −0.65 | −26.26% |
| Q3 2010 | 2010-09-30 | 2.27 | — | — |
| Q2 2010 | 2010-06-30 | 2.25 | — | — |
| Q1 2010 | 2010-03-31 | 2.27 | — | — |
| Q4 2009 | 2009-12-31 | 2.47 | — | — |
Keurig Dr Pepper debt-to-ebitda ratio trends
Over the last five fiscal years, Keurig Dr Pepper's debt-to-ebitda ratio decreased from 4.87 to 4.31, a change of −0.56. The latest reported quarter, Q2 2026, shows 7.94.
About the metric
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
Calculation and source
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Keurig Dr Pepper source filings ↗