Keurig Dr Pepper (KDP) DCF: History & Chart

Keurig Dr Pepper Inc.(KDP)

Beverages - Non-Alcoholic · Frisco, TX

$32.62+0.07 (+0.20%)

Delayed quote: Sep 9, 2026, 10:05 AM EDT

About Keurig Dr Pepper Inc.

Keurig Dr Pepper Inc. is a prominent beverage firm with operations spanning both the United States and global markets. The company structures its business across four primary divisions: Coffee Systems, Packaged Beverages, Beverage Concentrates, and Latin America Beverages. Its Coffee Systems division is responsible for the production and distribution of an array of finished products linked to its coffee brewing systems, including K-Cup single-serve pods, brewing machines, and specialized coffee blends. Brewers are offered for sale via external distributors, various retail outlets, and directly through its official website, keurig.com. The Packaged Beverages segment focuses on manufacturing and distributing its proprietary packaged drink labels. It also undertakes contract manufacturing for a diverse range of private label and up-and-coming beverage brands, in addition to handling distribution for its partner brands' packaged offerings. The Beverage Concentrates division produces and markets liquid concentrates for a wide portfolio of well-known brands such as Dr Pepper, Canada Dry, A&W, 7UP, Sunkist, Squirt, Big Red, RC Cola, Vernors, Snapple, Mott's, Bai, Hawaiian Punch, Clamato, Yoo-Hoo, Core, ReaLemon, evian, Vita Coco, and Mr and Mrs T mixers; this segment also processes these concentrates into syrup form. In Latin America, the Beverages segment handles the production and distribution of sparkling mineral water, flavored carbonated soft drinks, purified bottled water, and vegetable juice products, marketed under brand names like Peñafiel, Clamato, Squirt, Dr Pepper, Crush, and Aguafiel. Its extensive client base includes retailers, bottling and distribution networks, restaurants, hotel groups, office coffee service providers, and individual consumers. Established in 1981, Keurig Dr Pepper Inc. maintains its corporate headquarters in Burlington, Massachusetts.

Frisco, TX

30,600 employees

www.keurigdrpepper.com

Consumer Defensive / Beverages - Non-Alcoholic

Sector: Consumer Defensive
Industry: Beverages - Non-Alcoholic
CEO: Timothy Cofer

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Keurig Dr Pepper Inc. (KDP) DCF Valuation

Price is INSIDE the estimated range

$13.35

$36.70

Model scenario range

$32.62

Today's price

TGM's two-stage DCF values Keurig Dr Pepper Inc. (KDP) between $13.35 and $36.70 depending on assumptions, with a base case of $22.33. Growth is taken from the company's own record (5-year revenue CAGR (FCF growth too volatile to use)), fading to 2.5% long-run; the discount rate (7.5%) reflects its beta.

What would today's price require?

Growth the price assumes+17.0%/yr

Actual FCF growth, last 5 years-1.2%/yr

$32.62 is justified only if free cash flow grows about +17.0% a year (fading to 2.5% long-run) at a 7.5% required return — faster than the company has actually grown.

Scenario	FCF growth (fading to 2.5%)	Discount	Value / share
Conservative	7.5%/yr	8.5%	$13.35
Base case	10.5%/yr	7.5%	$22.33
Optimistic	13.5%/yr	6.5%	$36.70
Third-party model estimate (FMP)	independent reference · retrieved Sep 9, 2026 · assumptions not provided		$51.19

The FMP figure is a third-party point estimate. Its cash-flow forecast, discount rate, terminal growth, and valuation date are not included in the stored response, so TGMCharts presents it only as a reference—not as an intrinsic-value conclusion or price target.

Price|PE Ratio|FCF Yield|All Metrics

Current Price

$32.62

Market-Implied Growth

+17.0%/yr

vs -1.2% 5Y actual

Model Scenario Range

$13.35 – $36.70

model output — not a price target

KDP DCF Fair Value Calculator

Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for KDP (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.

FCF Growth Rate10.5%/yr

Historical FCF CAGR: 3Y 8.1% · 5Y -1.2% · 10Y 8.9%

Discount Rate (WACC)7.5%

Terminal Growth2.5%

Projection Years10yr

Base inputs: FCF $1.6B · 1.36B shares · net debt $15.1B

Estimated Fair Value

$22.33

-31.5% vs $32.62

Current price$32.62

Third-party model estimate (FMP)$51.19

Sensitivity — fair value by discount rate × terminal growth

How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 10.5%/yr FCF growth and 10-year horizon fixed. Green = above today's $32.62; red = below. Your current case is outlined.

WACC ↓ / Terminal →	1.50%	2.00%	2.50%	3.00%	3.50%
5.5%	$32.55	$38.09	$45.48	$55.81	$71.30
6.5%	$23.53	$26.85	$31.00	$36.34	$43.44
7.5%	$17.53	$19.71	$22.33	$25.54	$29.53
8.5%	$13.25	$14.78	$16.56	$18.67	$21.20
9.5%	$10.05	$11.17	$12.45	$13.93	$15.65