Keurig Dr Pepper Inc. KDP

Competitive advantage analysis · consumer-defensive

Corporate Default
Overall moat score
57/100
Moderate

Ranked against 17 peers in Beverages - Non-Alcoholic

About Keurig Dr Pepper Inc.

Keurig Dr Pepper Inc. owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. The company operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International. It manufactures and distributes branded concentrates, syrup, and finished beverages, as well as sales of owned brands and third-party brands; tea, cocoa, and other products; and offers … Full KDP analysis →

Key strengths

  • Margins Consistently Above Peers Gross margin at 54.2% (top 13%) and operating margin at 21.5% (top 13%) indicate strong pricing power.
  • Revenue Growth Consistent Revenue growth volatility is low (stability score 0.93), suggesting sticky customer base.

Key risks

  • Elevated Debt Risk Debt serviceability is weak (score 0.24), raising refinancing risk.
  • Liquidity Concerns Liquidity is concerning (score 0.19), raising questions about short-term obligations.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Moderate
64
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Signals, strengths and risks for Pricing Power

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Signals, strengths and risks for Cost Advantage

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Signals, strengths and risks for Customer Stickiness

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Signals, strengths and risks for Capital Efficiency

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Signals, strengths and risks for Resilience

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Signals, strengths and risks for Scale & Market Position

Where KDP ranks in Beverages - Non-Alcoholic

Keurig Dr Pepper Inc. ranks #10 of 18 scored companies in Beverages - Non-Alcoholic by moat score — the top 56%. The widest moat in the group is National Beverage Corp. (FIZZ) at 76/100.

# Company Moat score Rating
6 Coca Cola Femsa S.A.B. de C.V. KOF 59/100 Moderate
7 Coca-Cola Consolidated, Inc. COKE 59/100 Moderate
8 The Vita Coco Company, Inc. COCO 58/100 Moderate
9 Coca-Cola Europacific Partners CCEP 58/100 Moderate
10 Keurig Dr Pepper Inc. KDP 57/100 Moderate
11 Pepsico, Inc. PEP 54/100 Moderate
12 Celsius Holdings, Inc. CELH 40/100 Developing
13 SunOpta, Inc. STKL 34/100 Developing
14 Zevia PBC ZVIA 28/100 Developing

See every General Corporate company ranked by moat score →

How KDP scores on the Corporate Default defenses

Pricing Power

Score 64 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 59 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 79 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 59 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 30 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 45 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding KDP's moat

What is Keurig Dr Pepper Inc.'s moat score?

Keurig Dr Pepper Inc. (KDP) scores 57 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #10 of 18 scored companies in Beverages - Non-Alcoholic, the top 56%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 17 companies in Beverages - Non-Alcoholic. Its strongest defense is Customer Stickiness (79/100) and its weakest is Resilience (30/100).

How does Keurig Dr Pepper Inc. compare with other Beverages - Non-Alcoholic companies?

Keurig Dr Pepper Inc. ranks #10 of 18 scored companies in Beverages - Non-Alcoholic by moat score. The widest moat in Beverages - Non-Alcoholic is National Beverage Corp. (FIZZ) at 76/100. The companies ranked closest are Coca-Cola Europacific Partners (CCEP) at 58 just above it and Pepsico, Inc. (PEP) at 54 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 17 companies in Beverages - Non-Alcoholic. The defenses are then weighted to produce the overall score out of 100.

Why is Keurig Dr Pepper Inc. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Keurig Dr Pepper Inc.?

The Corporate Default template measures 6 defenses, and KDP scores: Pricing Power (64), Cost Advantage (59), Customer Stickiness (79), Capital Efficiency (59), Resilience (30), Scale & Market Position (45). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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