Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 52.77% is in line with its 5-year average of 54.22%, around the middle of its 5-year range (49.97%–56.48%).
As of the fiscal period ended Tuesday, March 31, 2026. 2.16% below its 12-month average of 53.93%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
52.77%
GROSS MARGIN AVG TTM
53.93%
GROSS MARGIN AVG 3Y
54.60%
GROSS MARGIN AVG 5Y
54.22%
GROSS MARGIN AVG 10Y
55.51%
GROSS MARGIN AVG 15Y
56.53%
GROSS MARGIN AVG 20Y
56.82%
CURRENT VS TTM AVG
-2.16%
CURRENT VS 3Y AVG
-3.35%
CURRENT VS 5Y AVG
-2.67%
CURRENT VS 10Y AVG
-4.94%
CURRENT VS 15Y AVG
-6.66%
CURRENT VS 20Y AVG
-7.13%
SECTOR MEDIAN · CONSUMER DEFENSIVE
35.73%
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+47.68%
vs the sector median at left
Keurig Dr Pepper Inc.
Market Cap
$42.34B
Gross Margin
52.77%
TTM Avg
53.93%
3Y Avg
54.60%
5Y Avg
54.22%
Market Cap
$38.20B
Gross Margin
5.83%
TTM Avg
6.51%
3Y Avg
7.12%
5Y Avg
7.07%
Market Cap
$36.28B
Gross Margin
35.86%
TTM Avg
35.70%
3Y Avg
34.16%
5Y Avg
33.85%
Market Cap
$48.51B
Gross Margin
35.60%
TTM Avg
35.61%
3Y Avg
36.01%
5Y Avg
36.15%
Market Cap
$35.51B
Gross Margin
38.11%
TTM Avg
40.30%
3Y Avg
42.13%
5Y Avg
43.18%
Market Cap
$30.65B
Gross Margin
33.33%
TTM Avg
34.01%
3Y Avg
33.05%
5Y Avg
33.11%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Keurig Dr Pepper Inc. (KDP) | $42.34B | 52.77% | 53.93% | 54.60% | 54.22% |
| Sysco Corporation (SYY)vs › | $40.76B | 18.54% | 18.46% | 18.29% | 18.28% |
| Archer-Daniels-Midland Company (ADM)vs › | $38.20B | 5.83% | 6.51% | 7.12% | 7.07% |
| Kenvue Inc. (KVUE)vs › | $36.94B | 58.37% | 58.05% | 56.87% | 56.28% |
| Kimberly-Clark Corporation (KMB)vs › | $36.28B | 35.86% | 35.70% | 34.16% | 33.85% |
| Coca-Cola Europacific Partners PLC (CCEP)vs › | $48.51B | 35.60% | 35.61% | 36.01% | 36.15% |
| The Hershey Company (HSY)vs › | $35.51B | 38.11% | 40.30% | 42.13% | 43.18% |
| The Kroger Co. (KR)vs › | $35.37B | 23.18% | 23.00% | 22.75% | 22.34% |
| The Kraft Heinz Company (KHC)vs › | $30.65B | 33.33% | 34.01% | 33.05% | 33.11% |
| The Estée Lauder Companies Inc. (EL)vs › | $30.34B | 73.40% | 72.78% | 73.15% | 74.02% |
Gross Margin
52.8%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 52.77% |
| 2025-12-31 | 53.77% |
| 2025-09-30 | 54.34% |
| 2025-06-30 | 54.17% |
| 2025-03-31 | 54.61% |
| 2024-12-31 | 55.95% |
| 2024-09-30 | 55.00% |
| 2024-06-30 | 55.38% |
| 2024-03-31 | 55.94% |
| 2023-12-31 | 56.48% |
| 2023-09-30 | 55.48% |
| 2023-06-30 | 53.87% |
| 2023-03-31 | 52.01% |
| 2022-12-31 | 52.48% |
| 2022-09-30 | 52.48% |
| 2022-06-30 | 49.97% |
| 2022-03-31 | 53.61% |
| 2021-12-31 | 52.26% |
| 2021-09-30 | 56.46% |
| 2021-06-30 | 56.37% |
| 2021-03-31 | 55.13% |
| 2020-12-31 | 56.65% |
| 2020-09-30 | 56.42% |
| 2020-06-30 | 54.54% |
| 2020-03-31 | 55.57% |
| 2019-12-31 | 57.70% |
| 2019-09-30 | 56.62% |
| 2019-06-30 | 57.82% |
| 2019-03-31 | 55.83% |
| 2018-12-31 | 55.39% |
| 2018-09-30 | 49.96% |
| 2018-06-30 | 51.74% |
| 2018-03-31 | 50.74% |
| 2017-12-31 | 59.65% |
| 2017-09-30 | 59.37% |
| 2017-06-30 | 60.04% |
| 2017-03-31 | 59.80% |
| 2016-12-31 | 60.27% |
| 2016-09-30 | 59.35% |
| 2016-06-30 | 60.47% |
| 2016-03-31 | 59.52% |
| 2015-12-31 | 60.54% |
| 2015-09-30 | 58.71% |
| 2015-06-30 | 59.27% |
| 2015-03-31 | 58.51% |
| 2014-12-31 | 59.31% |
| 2014-09-30 | 58.43% |
| 2014-06-30 | 59.23% |
| 2014-03-31 | 60.37% |
| 2013-12-31 | 60.15% |
| 2013-09-30 | 57.87% |
| 2013-06-30 | 58.04% |
| 2013-03-31 | 57.25% |
| 2012-12-31 | 59.23% |
| 2012-09-30 | 59.03% |
| 2012-06-30 | 57.74% |
| 2012-03-31 | 57.12% |
| 2011-12-31 | 58.66% |
| 2011-09-30 | 56.05% |
| 2011-06-30 | 58.15% |
| 2011-03-31 | 58.90% |
| 2010-12-31 | 60.76% |
| 2010-09-30 | 58.82% |
| 2010-06-30 | 60.96% |
| 2010-03-31 | 60.26% |
| 2009-12-31 | 61.06% |
| 2009-09-30 | 59.62% |
| 2009-06-30 | 59.76% |
| 2009-03-31 | 57.86% |
| 2008-12-31 | 56.23% |
| 2008-09-30 | 52.54% |
| 2008-06-30 | 55.08% |
| 2008-03-31 | 56.37% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
