Keurig Dr Pepper

Almost $20 trillion in revenue—and a record-breaking $1.87 trillion in profits. Introducing the 2025 Fortune 500, the definitive list of the biggest companies in America.

Fortune 500

The 300 companies on this year’s list brought in over $12.6 trillion in revenue for the latest 12 months, with the median revenue figure at $22 billion.

America's Most Innovative Companies

Leaders in all industries rely more than ever on Big Tech—and appreciate the giants that deliver, at scale, without drama.

World's Most Admired Companies

Industries included in the sector are beverages, food consumer products, and food production.

Fortune Sector Leaders: Food, Beverages, and Tobacco

The Fortune 500, in its 70th year in 2024, ranks the biggest U.S. companies by revenue.

The 26th edition of the list shows how much esteem Big Tech giants command among other business leaders.

The Fortune 500, in its 69th year in 2023, ranks the biggest U.S. companies by revenue.

This year’s Fortune 500 marks the 68th running of the list.

This year’s Fortune 500 marks the 67th running of the list.

F500-2021-267-Keurig Dr Pepper

The beverage conglomerate acquired Dr Pepper Snapple in 2018, and now sells coffee, soda, and juices in addition to Keurig brewers. The company saw a strong 2020 as consumers stocked up to shelter in place during the pandemic, but first quarter 2021 data show an even bigger year-over-year sales jump at more than 10%.

For an astounding 13th straight year, Apple claims the top spot in Fortune’s annual ranking of corporate reputation, based on a survey of almost 3,800 executives, directors, and analysts.

This year's Fortune 500 marks the 66th running of the list.

F500-2020-288-Keurig-Dr.-pepper

Keurig Dr Pepper was 2019's fastest-growing F500 beverage company, rocketing 121 positions up the list after forming in a 2018 merger of Keurig Green Mountain and Dr Pepper Snapple Group.

Here are the World's Most Admired Companies for 2019 as ranked in their industries. See who made the list.

This year's Fortune 500 marks the 65th running of the list.

Here are the World's Most Admired Companies for 2018 as ranked in their industries. See who made the list.

This year's Fortune 500 marks the 64th running of the list.

Here are the World's Most Admired Companies for 2017 as ranked in their industries. See who made the list.

This year's Fortune 500 marks the 63rd running of the list.

Here are the World's Most Admired Companies for 2016 as ranked in their industries. See who made the list.

This year's Fortune 500 marks the 62nd running of the list.

Business insiders have spoken: Asked which companies they most admire, more than 4,100 executives, directors, and analysts chose these top 50 All-Stars.

This year's Fortune 500 marks the 61st running of the list. Wal-Mart claims the top spot again. See who made the list.

Wal-Mart stayed on top as its sales crept closer to half-a-trillion dollars. Apple moved into the top five. And UnitedHealth Group continued its steady climb. 

Sector

Industry

Current All-Star Rank

Previous All-Star Rank

Industry Rank

Previous Industry Rank

Overall Score

Innovation

People Management

Use of Corporate Assets

Social Responsibility

Quality of Management

Financial Soundness

Long-Term Investment Value

Quality of Products/Services

Global Competitiveness

Culture rank

Process rank

Product rank

Years on list

Previous rank

Key Financials (last Fiscal Year)

Revenues ($M)

Profits ($M)

Assets ($M)

Total Stockholder Equity ($M)

Profit Ratios

Profit as % of Revenues

Profits as % of Assets

Profits as % of Stockholder Equity

Earnings Per Share (last Fiscal Year)

Earnings Per Share ($)

EPS % Change (from prior fiscal year)

EPS % Change (5 year annual rate)

EPS % Change (10 year annual rate)

Total Return

Total Return to Investors (last year)

Total Return to Investors (5 year, annualized)

Total Return to Investors (10 year, annualized)

Q2 2025

Q1 2025

Q4 2024

Q3 2024

Keurig Dr Pepper (KDP): Company Profile, Stock Price, News, Rankings

legacy

keurig dr pepper

Keurig Dr Pepper (KDP): Company Profile, Stock Price, News, Rankings | Fortune

Shawn Tully

Why KDP’s CEO decided to forge a coffee colossus with the $18 billion acquisition of Peet’s—then spin it off and separate the soda business

/2025/08/26/keurig-peets-dr-pepper-coffee-stock-outlook/

The Associated Press

Keurig Dr Pepper, parent of Peet’s Coffee in $18 billion merger that essentially unwinds the marriage of hot and cold beverages from 2018

/2025/08/25/keurig-dr-pepper-peets-coffee-18-billion/

Azure Gilman

Irina Ivanova

Here’s what Fortune 500 companies including Walmart and beverage giant Constellation have been saying about how immigration crackdowns could affect their business

/2025/06/13/immigration-policy-shifts-affecting-business-fortune-500-companies-statements-walmart-constellation-keurig-dr-pepper-builders-firstsource/

How Keurig Dr Pepper CEO Tim Cofer secured one of the biggest coups of his career, a $1.65 billion deal for an energy drink giant

/2025/06/11/keurig-dr-pepper-ceo-tim-cofer-ghost-energy-acquisition-brands/

Ani Freedman

Keurig Dr Pepper’s CEO drinks at least 300 milligrams of caffeine per day. Is that safe?

/well/2025/06/06/keurig-dr-pepper-ceo-caffeine-safety/

https://fortune.com/2025/08/26/keurig-peets-dr-pepper-coffee-stock-outlook/?itm_source=parsely-api

The CEO giving Keurig Dr Pepper a massive energy jolt

https://fortune.com/article/tim-cofer-keurig-dr-pepper-ghost-stock-outlook/?itm_source=parsely-api

https://fortune.com/2025/06/11/keurig-dr-pepper-ceo-tim-cofer-ghost-energy-acquisition-brands/?itm_source=parsely-api

Keurig Dr Pepper, parent of Peet's Coffee in $18 billion merger that essentially unwinds the marriage of hot and cold beverages from 2018

https://fortune.com/2025/08/25/keurig-dr-pepper-peets-coffee-18-billion/?itm_source=parsely-api

https://fortune.com/well/2025/06/06/keurig-dr-pepper-ceo-caffeine-safety/?itm_source=parsely-api

Sheryl Estrada

How Keurig Dr Pepper’s CEO is shaking up the status quo to outpace competition

https://fortune.com/2025/06/03/how-keurig-dr-pepper-ceo-shaking-up-status-quo-outpace-competition/?itm_source=parsely-api

Chris Morris

Move over, Pepsi: Dr Pepper is now America’s second-favorite soda

https://fortune.com/2024/06/04/pepsi-dr-pepper-americas-second-favorite-soda/?itm_source=parsely-api

Marco Quiroz-Gutierrez

PepsiCo CEO was grilled about GLP-1s by a 13-year-old on his Q1 conference call

https://fortune.com/article/pepsi-ceo-glp-1s-13-year-old-earnings-call/?itm_source=parsely-api

Fortune sits down with Keurig Dr Pepper CEO Tim Cofer to explore how the $15B beverage giant is outpacing rivals like Pepsi. Cofer breaks down the company’s bold strategy—expanding in energy drinks, innovating in coffee with plastic-free K-Rounds, and navigating inflation and tariffs. Here's how KDP is rewriting the rules of the beverage business under its new leadership.

How Keurig Dr Pepper's $15B Empire Beat Out Pepsi

Features

Fortune sits down with Keurig Dr Pepper CEO Tim Cofer to explore how the $15B beverage giant is outpacing rivals like Pepsi. 

You may not know it, but all the drinks here are owned by just one company, Keurig Dr. Pepper. We have a dawn to dusk portfolio that literally covers every demand space and every need that a consumer has in terms of beverages. KDP generated $15 billion in revenue last year. We put the consumer at the center of everything we do here at Keurig Dr Pepper with both legacy brands. Like Green Mountain and newer brands like Ghost Energy, they've invested a lot to keep up. What up y'all? I got my hands on the new Dr. Pepper BlackBerry. Let's try this. Having that relationship with the consumer, understanding what's important in their lives, understanding the cultural moments that really define that younger generation, Gen Z. and then tapping into it in a very authentic one of a kind way. Smash or pass. Classic Dr. Peppermash. And though Dr. Pepper just overtook Pepsi as the 2nd best selling soft drink in North America, their coffee business is cooling off. Can Keurig Dr. Pepper re up another wave of growth. Yeah, this is one that I really like, although I always get the bottles. The big news is that Dr. Pepper has just gone to #2 among all soft drinks. The milestone that you just referenced is one that's been really years in the making. I think it's a combination of many factors. I point to innovation. I'd point to marketing and sales excellence. This is a brand unique, one of a kind, oldest soda brand in America since 1885, but a really unique personality. In 1885, 1 year before the birth of Coca-Cola, a pharmacist in Waco, Texas famously mixed 23 soda fountain syrups in an experiment to recreate the drugstore's aroma. The blend became Dr. Pepper. Fast forward 140 years, the soda is one of the most popular in North America, and in 2018, Keurig Green Mountain and Dr. Pepper Snapple Group merged in a nearly $19 billion deal to form Keurig Dr. Pepper. All right, here's some cold beverage. Let's look at some of these. Today the Beverage Powerhouse has over 125 hot and cold drink brands, and in recent years, Dr. Pepper has seen a surge in popularity. Y'all, we can make us a dirty soda. Let's make a dirty soda just like the Mormons do. Dirty soda. It's been a thing in Utah for years where people started spiking soda with everything from cream to flavored syrup. Delish. All right, that's it. Goodbye. You have appealed to a much younger audience here. Was that an intentional strategy? How did that happen? We put the consumer at the center of everything we do here at Keurig Dr. Pepper, having that relationship with the consumer, understanding what's important in their lives. Understanding the cultural moment really defining that younger generation Gen Zennials, that was kind of the impetus of us picking up on this dirty soda trend and that allowed us to drive that great new innovation really winning marketing across the patch. Here's our ghost lineup C4, that performance brand, fitness brand, Bloom, a more female forward brand started by a young lady and then Black Rifle veteran focused. The energy drink market has exploded in recent years, fueled by a younger demographic, wellness trends, and a demand for functional beverages once dominated by. Red Bull and Monster, the category is seeing new players. Cur Dr. Pepper, historically absent from the core energy segment, is now making strategic moves to catch up. What we saw a few years ago is an opportunity to continue to shape our portfolio in a way that would be more growth accretive. We love our position in carbonated soft drinks. We knew there were other verticals like energy, like sports hydration, where we had an opportunity to participate more meaningfully. And so energy is our is our latest big bet. 3 years ago we were nonexistent in energy. Today we have over a 6 market share, and I have an ambition to be a double digit market share player here in a couple of years. One of Keurig Dr. Pepper's competitive advantages is DSD, its direct store delivery network. While many beverage companies rely on third party distributors, KDP owns and operates a vast logistics system that delivers products directly to retail shelves. In the beverage industry, DSD direct store delivery, is a scarce asset and it's a critical asset because the consumer is looking for that beverage wherever she shops and needs it right then and ideally needs it cold, right? So DSD direct store delivery is a big source of competitive advantage and it's one of the reasons why we attract so many partners, partners who might not have that critical distribution. One of the highly unusual things about the company was the combination of hot and cold. What power did you see in that combination? You know, I'd start once again at a consumer level. We have a dawn to dusk portfolio that literally covers every demand space and every need that a consumer has in terms of beverages. This is one of our newest brewers in terms of the intersection of hot and cold. This is called the K Brew and Chill. This is the first brewer that actually makes cold coffee to the touch. As COVID began, KDP used data from home coffee makers to foresee a spike in demand after a sudden shift to the stay at home economy. The then CEO ramped production and secured big shipments of cans well before rivals saw the way of building, but as more Americans returned to offices and cafes, demand for at-home coffee began to soften. We love our coffee business. We have over a $4 billion coffee business, and coffee remains today a ubiquitous category. In fact, coffee is second only to water as the most consumed beverage today. Indeed, to your point, however, of late, you've seen coffee under pressure, and so we're really playing the long game on coffee. Coffee will come back and when it does, we're going to be really well positioned to capitalize it, including a revolutionary new system that we'll be launching here in the next year or so. So this is KA Sean, the new system. This is obviously a prototype we're actually just went into beta testing in consumer homes. No plastic, no aluminum, 100% coffee you can. I mean, smell that. That's just nothing but coffee. With a plant-based coating. We're disrupting ourselves with a sustainable option that is plastic-free, aluminum free K rounds. As the beverage landscape evolves, Keurig Dr. Pepper is betting that a diversified portfolio and a powerful distribution engine will keep it competitive even as consumer tastes continue to shift. Give that a try. So it's your favorite ginger ale with a real splash of cherry juice. It's terrific.

Keurig Dr Pepper

Keurig Dr Pepper in Fortune Rankings

Keurig Dr Pepper stock chart

Videos