Keurig Dr Pepper Inc. (KDP) FCF Payout Ratio: 79.03%
Is Keurig Dr Pepper Inc.’s FCF payout ratio high or low?
Keurig Dr Pepper Inc.'s FCF payout ratio of 79.03% is 14% above its 5-year average of 69.48%, around the middle of its 5-year range (39.48%–134.67%).
The FCF payout ratio for Keurig Dr Pepper Inc. (KDP) is 79.03%. It is above its 12-month average by 1.87% (77.58%).
KDP FCF Payout Ratio Chart
KDP Average FCF Payout Ratio Chart
KDP Current vs Average FCF Payout Ratio Chart
KDP FCF Payout Ratio Metrics
FCF PAYOUT RATIO
79.03%
FCF PAYOUT RATIO AVG TTM
77.58%
FCF PAYOUT RATIO AVG 3Y
83.44%
FCF PAYOUT RATIO AVG 5Y
69.48%
FCF PAYOUT RATIO AVG 10Y
56.16%
FCF PAYOUT RATIO AVG 15Y
54.01%
FCF PAYOUT RATIO AVG 20Y
76.32%
CURRENT VS TTM AVG
+1.87%
CURRENT VS 3Y AVG
-5.29%
CURRENT VS 5Y AVG
+13.75%
CURRENT VS 10Y AVG
+40.73%
CURRENT VS 15Y AVG
+46.33%
CURRENT VS 20Y AVG
+3.56%
Payout Ratio Comparison
FCF Payout Ratio
79.0%
Earnings Payout Ratio
60.1%
Dividend Yield
2.86%
FCF Yield
3.61%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.50B | $1.25B | 83.1% |
| 2024 | $1.66B | $1.19B | 72.1% |
| 2023 | $848.00M | $1.14B | 134.7% |
| 2022 | $2.46B | $1.08B | 43.9% |
| 2021 | $2.42B | $955.00M | 39.5% |
| 2020 | $1.94B | $846.00M | 43.6% |
| 2019 | $2.11B | $844.00M | 40.0% |
| 2018 | $1.43B | $232.00M | 16.2% |
| 2017 | $830.00M | $414.00M | 49.9% |
| 2016 | $757.00M | $386.00M | 51.0% |
| 2015 | $811.00M | $355.00M | 43.8% |
| 2014 | $851.00M | $317.00M | 37.3% |
| 2013 | $682.00M | $302.00M | 44.3% |
| 2012 | $258.00M | $284.00M | 110.1% |
| 2011 | $542.00M | $251.00M | 46.3% |
| 2010 | $2.29B | $194.00M | 8.5% |
| 2009 | $548.00M | $0 | 0.0% |
| 2008 | $405.00M | $2.06B | 509.9% |
| 2007 | $373.00M | $213.00M | 57.1% |
| 2006 | $423.00M | $80.00M | 18.9% |
| 2005 | $539.00M | $0 | 0.0% |
| 2004 | $539.00M | $0 | 0.0% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Keurig Dr Pepper Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Keurig Dr Pepper Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Keurig Dr Pepper Inc. (KDP)?
- The FCF payout ratio for KDP stock is 79.03%.
- Is Keurig Dr Pepper Inc.'s FCF payout ratio high or low?
- Keurig Dr Pepper Inc.'s FCF payout ratio of 79.03% is 14% above its 5-year average of 69.48%, around the middle of its 5-year range (39.48%–134.67%).
- What is the TTM average FCF payout ratio for Keurig Dr Pepper Inc. (KDP)?
- The TTM average FCF payout ratio for KDP stock is 77.58%.
- What is the 3Y average FCF payout ratio for Keurig Dr Pepper Inc. (KDP)?
- The 3Y average FCF payout ratio for KDP stock is 83.44%.
- What is the 5Y average FCF payout ratio for Keurig Dr Pepper Inc. (KDP)?
- The 5Y average FCF payout ratio for KDP stock is 69.48%.
- What is the 10Y average FCF payout ratio for Keurig Dr Pepper Inc. (KDP)?
- The 10Y average FCF payout ratio for KDP stock is 56.16%.
- What is the 15Y average FCF payout ratio for Keurig Dr Pepper Inc. (KDP)?
- The 15Y average FCF payout ratio for KDP stock is 54.01%.
- What is the 20Y average FCF payout ratio for Keurig Dr Pepper Inc. (KDP)?
- The 20Y average FCF payout ratio for KDP stock is 76.32%.
Keurig Dr Pepper Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 83.06% |
| 2024-12-31 | 72.10% |
| 2023-12-31 | 134.67% |
| 2022-12-31 | 43.94% |
| 2021-12-31 | 39.48% |
| 2020-12-31 | 43.63% |
| 2019-12-31 | 40.02% |
| 2018-12-31 | 16.19% |
| 2017-12-31 | 49.88% |
| 2016-12-31 | 50.99% |
| 2015-12-31 | 43.77% |
| 2014-12-31 | 37.25% |
| 2013-12-31 | 44.28% |
| 2012-12-31 | 110.08% |
| 2011-12-31 | 46.31% |
| 2010-12-31 | 8.48% |
| 2008-12-31 | 509.88% |
| 2007-12-31 | 57.10% |
| 2006-12-31 | 18.91% |
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.
- Sector
- Consumer Defensive
- Industry
- Beverages - Non-Alcoholic
- CEO
- Timothy Cofer