Keurig Dr Pepper annual debt-to-equity ratio
2009
2010
2011
2012
2013
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2015
2016
2017
2017
2018
2019
2020
2021
2022
2023
2024
2025
Keurig Dr Pepper Debt-to-Equity Ratio Growth & History (KDP)
Keurig Dr Pepper's debt-to-equity ratio was 0.70 for fiscal 2025.
View full Keurig Dr Pepper company overviewKeurig Dr Pepper annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.70 | −0.01 | −1.24% |
| 2024 | 2024-12-31 | 0.71 | 0.14 | +23.42% |
| 2023 | 2023-12-31 | 0.58 | 0.04 | +6.80% |
| 2022 | 2022-12-31 | 0.54 | 0.01 | +1.76% |
| 2021 | 2021-12-31 | 0.53 | −0.08 | −12.59% |
| 2020 | 2020-12-31 | 0.61 | −0.05 | −7.17% |
| 2019 | 2019-12-31 | 0.65 | −0.05 | −7.31% |
| 2018 | 2018-12-31 | 0.71 | 0.24 | +50.76% |
| 2017 · Dec 31 | 2017-12-31 | 0.47 | −1.63 | −77.67% |
| 2017 · Sep 30 | 2017-09-30 | 0.59 | — | — |
| 2016 | 2016-12-31 | 2.10 | 0.49 | +30.21% |
| 2015 | 2015-12-31 | 1.61 | 0.45 | +38.51% |
| 2014 | 2014-12-31 | 1.16 | 0.01 | +0.73% |
| 2013 | 2013-12-31 | 1.16 | −0.10 | −7.95% |
| 2012 | 2012-12-31 | 1.25 | 0.06 | +4.71% |
| 2011 | 2011-12-31 | 1.20 | 0.35 | +40.73% |
| 2010 | 2010-12-31 | 0.85 | −0.08 | −8.41% |
| 2009 | 2009-12-31 | 0.93 | — | — |
Keurig Dr Pepper quarterly debt-to-equity ratio
Q4.09
Q1.10
Q2.10
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Q2.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.29 | 0.58 | +82.33% |
| Q1 2026 | 2026-03-31 | 1.09 | 0.37 | +51.41% |
| Q4 2025 | 2025-12-31 | 0.70 | −0.01 | −1.24% |
| Q3 2025 | 2025-09-30 | 0.69 | 0.03 | +4.68% |
| Q2 2025 | 2025-06-30 | 0.70 | 0.04 | +6.12% |
| Q1 2025 | 2025-03-31 | 0.72 | 0.05 | +8.13% |
| Q4 2024 | 2024-12-31 | 0.71 | 0.14 | +23.42% |
| Q3 2024 | 2024-09-30 | 0.66 | 0.10 | +17.00% |
| Q2 2024 | 2024-06-30 | 0.66 | 0.10 | +18.47% |
| Q1 2024 | 2024-03-31 | 0.67 | 0.12 | +20.85% |
| Q4 2023 | 2023-12-31 | 0.58 | 0.04 | +6.80% |
| Q3 2023 | 2023-09-30 | 0.57 | 0.04 | +8.18% |
| Q2 2023 | 2023-06-30 | 0.56 | 0.04 | +8.46% |
| Q1 2023 | 2023-03-31 | 0.55 | 0.04 | +7.46% |
| Q4 2022 | 2022-12-31 | 0.54 | 0.01 | +1.76% |
| Q3 2022 | 2022-09-30 | 0.52 | −0.05 | −8.64% |
| Q2 2022 | 2022-06-30 | 0.52 | −0.07 | −12.41% |
| Q1 2022 | 2022-03-31 | 0.51 | −0.10 | −15.99% |
| Q4 2021 | 2021-12-31 | 0.53 | −0.08 | −12.59% |
| Q3 2021 | 2021-09-30 | 0.57 | −0.06 | −10.19% |
| Q2 2021 | 2021-06-30 | 0.59 | −0.06 | −9.85% |
| Q1 2021 | 2021-03-31 | 0.61 | −0.06 | −9.32% |
| Q4 2020 | 2020-12-31 | 0.61 | −0.05 | −7.17% |
| Q3 2020 | 2020-09-30 | 0.64 | −0.04 | −6.04% |
| Q2 2020 | 2020-06-30 | 0.65 | −0.03 | −4.04% |
| Q1 2020 | 2020-03-31 | 0.67 | −0.03 | −3.81% |
| Q4 2019 | 2019-12-31 | 0.65 | −0.05 | −7.31% |
| Q3 2019 | 2019-09-30 | 0.68 | −0.06 | −7.59% |
| Q2 2019 | 2019-06-30 | 0.68 | 0.10 | +16.30% |
| Q1 2019 | 2019-03-31 | 0.70 | 0.11 | +18.51% |
| Q4 2018 | 2018-12-31 | 0.71 | 0.24 | +50.76% |
| Q3 2018 | 2018-09-30 | 0.73 | 0.14 | +23.77% |
| Q2 2018 · Jun 30 | 2018-06-30 | 0.59 | −1.60 | −73.12% |
| Q1 2018 | 2018-03-31 | 0.59 | −1.45 | −71.02% |
| Q4 2017 · Dec 31 | 2017-12-31 | 0.47 | −1.63 | −77.67% |
| Q4 2017 · Sep 30 | 2017-09-30 | 0.59 | −0.97 | −62.00% |
| Q2 2017 | 2017-06-30 | 2.18 | 0.81 | +59.54% |
| Q1 2017 | 2017-03-31 | 2.04 | 0.65 | +47.21% |
| Q4 2016 | 2016-12-31 | 2.10 | 0.49 | +30.21% |
| Q3 2016 | 2016-09-30 | 1.56 | 0.31 | +24.87% |
| Q2 2016 | 2016-06-30 | 1.37 | 0.17 | +14.39% |
| Q1 2016 | 2016-03-31 | 1.39 | 0.16 | +13.49% |
| Q4 2015 | 2015-12-31 | 1.61 | 0.45 | +38.51% |
| Q3 2015 | 2015-09-30 | 1.25 | 0.15 | +13.64% |
| Q2 2015 | 2015-06-30 | 1.20 | 0.02 | +1.78% |
| Q1 2015 | 2015-03-31 | 1.22 | −0.01 | −0.44% |
| Q4 2014 | 2014-12-31 | 1.16 | 0.01 | +0.73% |
| Q3 2014 | 2014-09-30 | 1.10 | −0.02 | −1.53% |
| Q2 2014 | 2014-06-30 | 1.17 | 0.03 | +2.27% |
| Q1 2014 | 2014-03-31 | 1.23 | −0.02 | −1.79% |
| Q4 2013 | 2013-12-31 | 1.16 | −0.10 | −7.95% |
| Q3 2013 | 2013-09-30 | 1.12 | −0.08 | −6.39% |
| Q2 2013 | 2013-06-30 | 1.15 | −0.04 | −3.24% |
| Q1 2013 | 2013-03-31 | 1.25 | 0.05 | +4.49% |
| Q4 2012 | 2012-12-31 | 1.25 | 0.06 | +4.71% |
| Q3 2012 | 2012-09-30 | 1.19 | 0.04 | +3.02% |
| Q2 2012 | 2012-06-30 | 1.19 | 0.08 | +7.18% |
| Q1 2012 | 2012-03-31 | 1.20 | 0.13 | +12.30% |
| Q4 2011 | 2011-12-31 | 1.20 | 0.35 | +40.73% |
| Q3 2011 | 2011-09-30 | 1.16 | 0.16 | +16.36% |
| Q2 2011 | 2011-06-30 | 1.11 | 0.20 | +21.64% |
| Q1 2011 | 2011-03-31 | 1.07 | 0.23 | +27.09% |
| Q4 2010 | 2010-12-31 | 0.85 | −0.08 | −8.41% |
| Q3 2010 | 2010-09-30 | 1.00 | — | — |
| Q2 2010 | 2010-06-30 | 0.91 | — | — |
| Q1 2010 | 2010-03-31 | 0.84 | — | — |
| Q4 2009 | 2009-12-31 | 0.93 | — | — |
Keurig Dr Pepper debt-to-equity ratio trends
Over the last five fiscal years, Keurig Dr Pepper's debt-to-equity ratio increased from 0.61 to 0.70, a change of 0.10. The latest reported quarter, Q2 2026, shows 1.29.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Keurig Dr Pepper source filings ↗