Keurig Dr Pepper ( (KDP) ) has released its Q4 earnings. Here is a breakdown of the information Keurig Dr Pepper presented to its investors.
Keurig Dr Pepper Inc. is a leading beverage company in North America, known for its diverse portfolio of over 125 brands, including carbonated soft drinks and the top single-serve coffee brewing system in the U.S. and Canada.
The company reported its financial results for the fourth quarter and full year of 2024, showing performance in line with its long-term goals. Keurig Dr Pepper highlighted strong momentum in U.S. refreshment beverages and international markets, with plans for continued growth in 2025.
Key financial metrics for 2024 included a 3.6% increase in net sales to $15.4 billion and an 8% growth in adjusted diluted EPS. The company also reported a significant increase in operating cash flow by 67% to $2.2 billion and free cash flow by 82% to $1.7 billion. Despite challenges, the U.S. Refreshment Beverages segment saw a 5.8% sales increase, while the U.S. Coffee segment experienced a 2.6% decline. International sales grew by 6.8%, driven by volume and favorable pricing.
Looking ahead, Keurig Dr Pepper aims for mid-single-digit net sales growth and high-single-digit adjusted EPS growth in 2025, supported by strategic acquisitions and market expansions. The company remains optimistic about maintaining its growth trajectory despite a challenging operating environment.