vs

Side-by-side financial comparison of CANADIAN IMPERIAL BANK OF COMMERCE (CM) and Keurig Dr Pepper (KDP). Click either name above to swap in a different company.

CANADIAN IMPERIAL BANK OF COMMERCE is the larger business by last-quarter revenue ($6.1B vs $4.0B, roughly 1.5× Keurig Dr Pepper). CANADIAN IMPERIAL BANK OF COMMERCE runs the higher net margin — 36.9% vs 6.8%, a 30.1% gap on every dollar of revenue.

The Imperial Bank of Canada was a Canadian bank that operated from 1873 to 1961. In 1961, Imperial merged with the Canadian Bank of Commerce to become the Canadian Imperial Bank of Commerce.

Keurig Dr Pepper Inc. is a publicly traded American beverage and coffeemaker conglomerate with headquarters located in Burlington, Massachusetts, and Frisco, Texas. Formed in July 2018, with the merger of Keurig Green Mountain and Dr Pepper Snapple Group, Keurig Dr Pepper produces and distributes more than 125 hot and cold beverages. The company's Canadian business unit subsidiary operates as Keurig Dr Pepper Canada.

CM vs KDP — Head-to-Head

Bigger by revenue
CM
CM
1.5× larger
CM
$6.1B
$4.0B
KDP
Higher net margin
CM
CM
30.1% more per $
CM
36.9%
6.8%
KDP

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CM
CM
KDP
KDP
Revenue
$6.1B
$4.0B
Net Profit
$2.3B
$270.0M
Gross Margin
52.8%
Operating Margin
19.0%
Net Margin
36.9%
6.8%
Revenue YoY
9.4%
Net Profit YoY
-47.8%
EPS (diluted)
$0.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CM
CM
KDP
KDP
Q1 26
$6.1B
$4.0B
Q4 25
$4.5B
Q3 25
$5.3B
$4.3B
Q2 25
$5.1B
$4.2B
Q1 25
$3.6B
Q4 24
$4.1B
Q3 24
$3.9B
Q2 24
$3.9B
Net Profit
CM
CM
KDP
KDP
Q1 26
$2.3B
$270.0M
Q4 25
$353.0M
Q3 25
$1.5B
$662.0M
Q2 25
$1.5B
$547.0M
Q1 25
$517.0M
Q4 24
$-144.0M
Q3 24
$616.0M
Q2 24
$515.0M
Gross Margin
CM
CM
KDP
KDP
Q1 26
52.8%
Q4 25
53.8%
Q3 25
54.3%
Q2 25
54.2%
Q1 25
54.6%
Q4 24
55.9%
Q3 24
55.0%
Q2 24
55.4%
Operating Margin
CM
CM
KDP
KDP
Q1 26
19.0%
Q4 25
19.6%
Q3 25
23.1%
Q2 25
21.6%
Q1 25
22.0%
Q4 24
1.5%
Q3 24
23.2%
Q2 24
22.0%
Net Margin
CM
CM
KDP
KDP
Q1 26
36.9%
6.8%
Q4 25
7.8%
Q3 25
28.9%
15.4%
Q2 25
28.6%
13.1%
Q1 25
14.2%
Q4 24
-3.5%
Q3 24
15.8%
Q2 24
13.1%
EPS (diluted)
CM
CM
KDP
KDP
Q1 26
$0.20
Q4 25
$0.26
Q3 25
$0.49
Q2 25
$0.40
Q1 25
$0.38
Q4 24
$-0.11
Q3 24
$0.45
Q2 24
$0.38

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CM
CM
KDP
KDP
Cash + ST InvestmentsLiquidity on hand
$8.0B
$898.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$47.9B
$25.3B
Total Assets
$826.8B
$73.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CM
CM
KDP
KDP
Q1 26
$8.0B
$898.0M
Q4 25
$1.0B
Q3 25
$13.9B
$516.0M
Q2 25
$10.2B
$509.0M
Q1 25
$653.0M
Q4 24
$510.0M
Q3 24
$552.0M
Q2 24
$438.0M
Stockholders' Equity
CM
CM
KDP
KDP
Q1 26
$47.9B
$25.3B
Q4 25
$25.5B
Q3 25
$45.9B
$25.3B
Q2 25
$45.2B
$25.0B
Q1 25
$24.4B
Q4 24
$24.2B
Q3 24
$25.0B
Q2 24
$24.7B
Total Assets
CM
CM
KDP
KDP
Q1 26
$826.8B
$73.1B
Q4 25
$55.5B
Q3 25
$804.6B
$54.6B
Q2 25
$795.8B
$54.4B
Q1 25
$53.7B
Q4 24
$53.4B
Q3 24
$52.7B
Q2 24
$52.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CM
CM
KDP
KDP
Operating Cash FlowLast quarter
$-1.6B
$281.0M
Free Cash FlowOCF − Capex
$184.0M
FCF MarginFCF / Revenue
4.6%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.69×
1.04×
TTM Free Cash FlowTrailing 4 quarters
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CM
CM
KDP
KDP
Q1 26
$-1.6B
$281.0M
Q4 25
$712.0M
Q3 25
$4.3B
$639.0M
Q2 25
$667.2M
$431.0M
Q1 25
$209.0M
Q4 24
$849.0M
Q3 24
$628.0M
Q2 24
$657.0M
Free Cash Flow
CM
CM
KDP
KDP
Q1 26
$184.0M
Q4 25
$564.0M
Q3 25
$527.0M
Q2 25
$325.0M
Q1 25
$89.0M
Q4 24
$684.0M
Q3 24
$503.0M
Q2 24
$542.0M
FCF Margin
CM
CM
KDP
KDP
Q1 26
4.6%
Q4 25
12.5%
Q3 25
12.2%
Q2 25
7.8%
Q1 25
2.4%
Q4 24
16.8%
Q3 24
12.9%
Q2 24
13.8%
Capex Intensity
CM
CM
KDP
KDP
Q1 26
Q4 25
3.3%
Q3 25
2.6%
Q2 25
2.5%
Q1 25
3.3%
Q4 24
4.1%
Q3 24
3.2%
Q2 24
2.9%
Cash Conversion
CM
CM
KDP
KDP
Q1 26
-0.69×
1.04×
Q4 25
2.02×
Q3 25
2.80×
0.97×
Q2 25
0.46×
0.79×
Q1 25
0.40×
Q4 24
Q3 24
1.02×
Q2 24
1.28×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CM
CM

Segment breakdown not available.

KDP
KDP

U.S. Refreshment Beverages$2.6B65%
U.S. Coffee$857.0M22%
International$520.0M13%

Related Comparisons