• Keurig Dr Pepper average return on tangible equity for 2023 was -9.68, a 6.74% decline from 2022.
• Keurig Dr Pepper average return on tangible equity for 2022 was -10.38, a 18.76% decline from 2021.
• Keurig Dr Pepper average return on tangible equity for 2021 was -8.74, a 46.89% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.