Burlington, Massachusetts-based Keurig Dr Pepper Inc. (KDP) is a non-alcoholic beverage company. It owns, manufactures, and distributes beverages and single-serve brewing systems in the U.S. and internationally. With a market cap of $47.5 billion, Keurig Dr Pepper operates through the U.S. Refreshment Beverages, U.S. Coffee, and International segments.
The beverage giant has significantly underperformed during the past year. KDP stock is up 2.1% over the past 52 weeks, lagging behind the S&P 500 Index’s ($SPX) 15.8% gains over the same time frame. In 2024, KDP gained 2.9% compared to SPX’s 8.7% return on a YTD basis.
