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Keurig Dr Pepper vs Monster Beverage

Keurig Dr Pepper is the larger business, with $16.60bn of revenue in fiscal 2025 against $8.29bn for Monster Beverage (2.0 times as much). Monster Beverage grew faster (10.7% against 8.2%). Monster Beverage kept more of each dollar of sales as profit: a net margin of 23.0% against 12.5%.

Latest fiscal yearKeurig Dr PepperKDP, 2025Monster BeverageMNST, 2025
Revenue $16.60bn $8.29bn
Revenue growth 8.2% 10.7%
Net income $2.08bn $1.91bn
Operating margin — 29.2%
Net margin 12.5% 23.0%
Return on equity 8.4% 26.8%
Free cash flow $1.50bn $1.97bn
Cash $1.03bn $2.09bn
Total debt $16.14bn $0
Debt to equity — 0.0%
Dividend per share $0.92 —
Dividend yield 2.5% —
Share buybacks $9.0m $104m
Employees 30,600 6,891
Market value $48.29bn $46.52bn
Price vs our value range Above our value range Below our value range
Moat score 76 (Strong) 97 (Strong)
Insider trades, 12 months 1 buys, 4 sales 0 buys, 11 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.