AllAnalyst Report
logoMorningstarMarch 28, 2024

Keurig Dr Pepper Inc.: Keurig Dr Pepper Holds Ground in Soda, but Coffee Competition Tempers Our Conviction Around Its Edge

Symbols
KDP
Sector(s)
Consumer Defensive
Rating
Current Price
$33.72
Fair Value
Economic Moat
Stewardship
Summary

Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. The company controls production and route to market for its own brands through in-house manufacturing plants and distribution infrastructure and leverages th

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