Event-Driven Stocks

Keurig Dr Pepper Inc.

KDPNasdaqCompleted

Formerly Dr Pepper Snapple Group, Inc.

Spin-offSpun off from Cadbury Schweppes

The two companies

Parent
Cadbury Schweppes
↓ spun off ↓

Open either company's hub for its full SEC financials, ratios, ownership, filings, and every other event it's been part of.

Sector
Consumer Staples
Industry
Beverages
Exchange
Nasdaq
State of incorporation
DE
Record date
Distribution date
May 7, 2008
Ratio
Parent sector
Form
10-12B/A
Filed
April 22, 2008

Financials — parent vs spin-off

SEC XBRL · latest year
Cadbury Schweppes

No XBRL financials available.

Keurig Dr Pepper Inc.FY25
Revenue
$16.60B
Operating income
$3.58B
Net income
$2.08B
Total assets
$55.46B
Equity
$25.52B

Latest reported figures from each company's own SEC filings — the parent after the separation and the spin-off as a standalone. Full multi-year history on each company hub.

Spin-off signals

score 2/6 favorable · factors, not advice
  • Leverage (liabilities/assets)54%

    A heavy debt load loaded onto the spin-off is a known risk; a clean balance sheet is favorable.

  • Return on capital employed7.6%

    EBIT ÷ capital employed — the quality metric the spin-off scorecard research weighs most.

  • Operating margin22%

    Profitability of the standalone business, from its own SEC filings.

  • Tax-basis reportNone found

    A Form 8937 (basis allocation) accompanies tax-free §355 spin-offs — favorable for taxable holders.

  • Insider buying (post-spin)1 open-market buy

    Officers/directors buying their own newly independent shares (Form 4) has historically preceded outperformance.

  • Time since spin-off18.1 years

    Studies find the spin-off return premium concentrates in roughly the first one to three years.

Factors the spin-off research literature (Greenblatt; Cusatis-Miles-Woolridge; Desai-Jain) associates with outcomes — computed from this company's own SEC filings, shown as factors, not a recommendation. The premium is debated and not guaranteed. How we compute these ↗

Filings & documents

Every entry traces to SEC EDGAR. The Information Statement is the primary source; the links below open the full filing and each company's complete filing history.