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Side-by-side financial comparison of Keurig Dr Pepper (KDP) and NextEra Energy (NEE). Click either name above to swap in a different company.

NextEra Energy is the larger business by last-quarter revenue ($6.0B vs $4.0B, roughly 1.5× Keurig Dr Pepper). NextEra Energy runs the higher net margin — 25.6% vs 6.8%, a 18.8% gap on every dollar of revenue. On growth, NextEra Energy posted the faster year-over-year revenue change (11.1% vs 9.4%). Over the past eight quarters, NextEra Energy's revenue compounded faster (5.4% CAGR vs 0.7%).

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.

NextEra Energy, Inc. is an American energy company that is the world's largest electric utility holding company by market capitalization, with a valuation of over $170 billion as of Oct 2024. NextEra Energy had revenues of $24.8 billion and 16,700 employees throughout the US and Canada in 2024. It has a current generating capacity of 73 gigawatts. Its subsidiaries include Florida Power & Light (FPL), NextEra Energy Resources (NEER), XPLR Energy Partners, and NextEra Energy Services.

KDP vs NEE — Head-to-Head

Bigger by revenue
NEE
NEE
1.5× larger
NEE
$6.0B
$4.0B
KDP
Growing faster (revenue YoY)
NEE
NEE
+1.7% gap
NEE
11.1%
9.4%
KDP
Higher net margin
NEE
NEE
18.8% more per $
NEE
25.6%
6.8%
KDP
Faster 2-yr revenue CAGR
NEE
NEE
Annualised
NEE
5.4%
0.7%
KDP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
KDP
KDP
NEE
NEE
Revenue
$4.0B
$6.0B
Net Profit
$270.0M
$1.5B
Gross Margin
52.8%
Operating Margin
19.0%
26.4%
Net Margin
6.8%
25.6%
Revenue YoY
9.4%
11.1%
Net Profit YoY
-47.8%
27.6%
EPS (diluted)
$0.20
$0.74

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
KDP
KDP
NEE
NEE
Q1 26
$4.0B
Q4 25
$4.5B
$6.0B
Q3 25
$4.3B
$7.4B
Q2 25
$4.2B
$6.4B
Q1 25
$3.6B
$6.0B
Q4 24
$4.1B
$5.4B
Q3 24
$3.9B
$6.7B
Q2 24
$3.9B
$6.0B
Net Profit
KDP
KDP
NEE
NEE
Q1 26
$270.0M
Q4 25
$353.0M
$1.5B
Q3 25
$662.0M
$2.4B
Q2 25
$547.0M
$2.0B
Q1 25
$517.0M
$833.0M
Q4 24
$-144.0M
$1.2B
Q3 24
$616.0M
$1.9B
Q2 24
$515.0M
$1.6B
Gross Margin
KDP
KDP
NEE
NEE
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
KDP
KDP
NEE
NEE
Q1 26
19.0%
Q4 25
19.6%
26.4%
Q3 25
23.1%
34.1%
Q2 25
21.6%
29.9%
Q1 25
22.0%
37.6%
Q4 24
1.5%
17.4%
Q3 24
23.2%
42.6%
Q2 24
22.0%
27.8%
Net Margin
KDP
KDP
NEE
NEE
Q1 26
6.8%
Q4 25
7.8%
25.6%
Q3 25
15.4%
32.9%
Q2 25
13.1%
31.7%
Q1 25
14.2%
13.9%
Q4 24
-3.5%
22.3%
Q3 24
15.8%
27.6%
Q2 24
13.1%
27.0%
EPS (diluted)
KDP
KDP
NEE
NEE
Q1 26
$0.20
Q4 25
$0.26
$0.74
Q3 25
$0.49
$1.18
Q2 25
$0.40
$0.98
Q1 25
$0.38
$0.40
Q4 24
$-0.11
$0.58
Q3 24
$0.45
$0.90
Q2 24
$0.38
$0.79

Balance Sheet & Financial Strength

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

Metric
KDP
KDP
NEE
NEE
Cash + ST InvestmentsLiquidity on hand
$898.0M
$2.8B
Total DebtLower is stronger
Stockholders' EquityBook value
$25.3B
$54.6B
Total Assets
$73.1B
$212.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KDP
KDP
NEE
NEE
Q1 26
$898.0M
Q4 25
$1.0B
$2.8B
Q3 25
$516.0M
$2.4B
Q2 25
$509.0M
$1.7B
Q1 25
$653.0M
$2.4B
Q4 24
$510.0M
$1.5B
Q3 24
$552.0M
$2.3B
Q2 24
$438.0M
$1.6B
Stockholders' Equity
KDP
KDP
NEE
NEE
Q1 26
$25.3B
Q4 25
$25.5B
$54.6B
Q3 25
$25.3B
$54.2B
Q2 25
$25.0B
$50.8B
Q1 25
$24.4B
$49.8B
Q4 24
$24.2B
$50.1B
Q3 24
$25.0B
$50.1B
Q2 24
$24.7B
$49.1B
Total Assets
KDP
KDP
NEE
NEE
Q1 26
$73.1B
Q4 25
$55.5B
$212.7B
Q3 25
$54.6B
$204.4B
Q2 25
$54.4B
$198.8B
Q1 25
$53.7B
$194.3B
Q4 24
$53.4B
$190.1B
Q3 24
$52.7B
$186.0B
Q2 24
$52.3B
$184.7B

Cash Flow & Capital Efficiency

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

Metric
KDP
KDP
NEE
NEE
Operating Cash FlowLast quarter
$281.0M
$2.5B
Free Cash FlowOCF − Capex
$184.0M
FCF MarginFCF / Revenue
4.6%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.04×
1.63×
TTM Free Cash FlowTrailing 4 quarters
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KDP
KDP
NEE
NEE
Q1 26
$281.0M
Q4 25
$712.0M
$2.5B
Q3 25
$639.0M
$4.0B
Q2 25
$431.0M
$3.2B
Q1 25
$209.0M
$2.8B
Q4 24
$849.0M
$2.0B
Q3 24
$628.0M
$4.3B
Q2 24
$657.0M
$3.9B
Free Cash Flow
KDP
KDP
NEE
NEE
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
KDP
KDP
NEE
NEE
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
KDP
KDP
NEE
NEE
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
KDP
KDP
NEE
NEE
Q1 26
1.04×
Q4 25
2.02×
1.63×
Q3 25
0.97×
1.65×
Q2 25
0.79×
1.57×
Q1 25
0.40×
3.32×
Q4 24
1.65×
Q3 24
1.02×
2.31×
Q2 24
1.28×
2.42×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KDP
KDP

U.S. Refreshment Beverages$2.6B65%
U.S. Coffee$877.0M22%
International$435.0M11%

NEE
NEE

Florida Power Light Company$4.3B71%
Other$1.7B29%

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