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U.S. Beverage Industry Analysis

UpdatedDec 09, 2025
DataAggregated Company Financials
Companies68
  • 7D-1.1%
  • 3M3.8%
  • 1Y-0.06%
  • YTD6.0%

Over the last 7 days, the Beverage industry has dropped 1.9%, driven by Coca-Cola declining 2.4%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the U.S. Beverage Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 09 Dec 2025US$816.6bUS$225.2bUS$25.8b23.1x31.6x3.6x
Thu, 06 Nov 2025US$697.8bUS$223.7bUS$25.6b22.9x27.3x3.1x
Sat, 04 Oct 2025US$687.7bUS$222.7bUS$26.4b23.5x26x3.1x
Mon, 01 Sep 2025US$716.9bUS$222.4bUS$26.4b25.7x27.1x3.2x
Wed, 30 Jul 2025US$705.6bUS$221.5bUS$26.4b27.3x26.7x3.2x
Fri, 27 Jun 2025US$692.0bUS$220.7bUS$27.2b28.2x25.5x3.1x
Sun, 25 May 2025US$713.7bUS$220.4bUS$27.2b29.2x26.2x3.2x
Tue, 22 Apr 2025US$740.4bUS$220.2bUS$27.3b25.7x27.2x3.4x
Thu, 20 Mar 2025US$723.5bUS$219.9bUS$28.0b28x25.8x3.3x
Sat, 15 Feb 2025US$690.8bUS$213.7bUS$28.9b23.3x23.9x3.2x
Mon, 13 Jan 2025US$653.5bUS$212.8bUS$28.3b21.6x23.1x3.1x
Wed, 11 Dec 2024US$715.9bUS$213.6bUS$28.3b25x25.3x3.4x
Fri, 08 Nov 2024US$719.3bUS$214.1bUS$28.6b25.6x25.2x3.4x
Sun, 06 Oct 2024US$760.2bUS$214.3bUS$28.9b23.7x26.3x3.5x
Tue, 03 Sep 2024US$772.8bUS$213.9bUS$30.8b23.6x25.1x3.6x
Thu, 01 Aug 2024US$754.8bUS$214.6bUS$30.7b23.5x24.6x3.5x
Sat, 29 Jun 2024US$735.1bUS$213.6bUS$29.8b25.1x24.7x3.4x
Mon, 27 May 2024US$755.2bUS$215.0bUS$29.8b25x25.3x3.5x
Wed, 24 Apr 2024US$738.5bUS$213.4bUS$29.4b24.5x25.1x3.5x
Fri, 22 Mar 2024US$752.8bUS$213.1bUS$29.1b25.7x25.9x3.5x
Sun, 18 Feb 2024US$728.2bUS$212.1bUS$28.6b26.7x25.5x3.4x
Tue, 16 Jan 2024US$745.6bUS$211.6bUS$27.2b29.4x27.5x3.5x
Thu, 14 Dec 2023US$733.8bUS$211.3bUS$27.1b29.5x27.1x3.5x
Sat, 11 Nov 2023US$714.4bUS$211.0bUS$27.0b29x26.4x3.4x
Mon, 09 Oct 2023US$678.1bUS$206.8bUS$25.4b27.9x26.7x3.3x
Wed, 06 Sep 2023US$746.8bUS$207.2bUS$23.6b30.4x31.7x3.6x
Fri, 04 Aug 2023US$781.7bUS$207.0bUS$23.4b34x33.4x3.8x
Sun, 02 Jul 2023US$762.4bUS$203.4bUS$20.8b33.3x36.6x3.7x
Tue, 30 May 2023US$753.5bUS$202.8bUS$21.0b33.5x35.9x3.7x
Thu, 27 Apr 2023US$774.2bUS$201.2bUS$21.1b34.8x36.7x3.8x
Sat, 25 Mar 2023US$738.1bUS$199.0bUS$23.2b34.4x31.8x3.7x
Mon, 20 Feb 2023US$734.0bUS$197.8bUS$24.3b29.2x30.2x3.7x
Wed, 18 Jan 2023US$744.0bUS$194.1bUS$25.4b30.8x29.2x3.8x
Fri, 16 Dec 2022US$756.5bUS$193.3bUS$25.4b32.6x29.8x3.9x
Price to Earnings Ratio

29.8x


Total Market Cap: US$756.5bTotal Earnings: US$25.4bTotal Revenue: US$193.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Beverage Industry Price to Earnings3Y Average 27.7x202320242025
Current Industry PE
  • Investors are optimistic on the American Beverage industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 31.6x which is higher than its 3-year average PE of 27.7x.
  • The industry is trading close to its 3-year average PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Beverage industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 5.2% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the U.S. Consumer Staples industry?

US Market0.49%
Consumer Staples-1.13%
Beverage-1.11%
Distillers and Wine Makers0.69%
Brewers0.22%
Soft Drinks-1.48%
Industry PE
  • Investors are most optimistic about the Distillers and Wine Makers industry, which is trading close to its 3-year average PE ratio of 66.6x.
    • Analysts are expecting annual earnings growth of 10.4%, which is lower than the prior year's growth of 64.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Brewers industry, expecting annual earnings growth of 63% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Distillers and Wine Makers industry is expected to see its earnings grow by 10% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
KDP Keurig Dr PepperUS$29.002.9%
+US$1.1b		-13.7%PE24.9x
KOF Coca-Cola FEMSA. deUS$91.794.8%
+US$880.2m		11.4%PE14.9x
STZ Constellation BrandsUS$141.993.0%
+US$718.8m		-41.5%PE20.2x
CELH Celsius HoldingsUS$44.303.9%
+US$433.1m		45.0%PE366.6x
COKE Coca-Cola ConsolidatedUS$164.511.5%
+US$202.5m		28.8%PE23x

Latest News

PEP
US$145.63
PepsiCo
7D
-2.0%
1Y
-8.9%
COKE
US$164.51
Coca-Cola Consolidated
7D
1.5%
1Y
28.8%

These 4 Measures Indicate That Coca-Cola Consolidated (NASDAQ:COKE) Is Using Debt Reasonably Well

Dec 07
These 4 Measures Indicate That Coca-Cola Consolidated (NASDAQ:COKE) Is Using Debt Reasonably Well
REED
US$3.23
Reed's
7D
-48.9%
1Y
-8.8%
MGPI
US$24.02
MGP Ingredients
7D
3.0%
1Y
-48.0%

MGP Ingredients, Inc.'s (NASDAQ:MGPI) Price Is Right But Growth Is Lacking

Dec 06
MGP Ingredients, Inc.'s (NASDAQ:MGPI) Price Is Right But Growth Is Lacking
MNST
US$73.94
Monster Beverage
7D
-1.0%
1Y
39.5%

MNST: Shares Will Likely Remain Rangebound As Category Growth Normalizes

The analyst price target for Monster Beverage has been raised by approximately $2.45 to reflect analysts' view that resilient revenue growth, incremental innovation, and strong recent quarters support modestly higher valuation multiples, even as the energy drink category normalizes. Analyst Commentary Bullish analysts point to Monster Beverage's consistent outperformance versus expectations, with recent quarters showing upside across sales, EPS, and adjusted EBITDA.
FIZZ
US$33.93
National Beverage
7D
-3.5%
1Y
-29.7%
BF.B
US$30.15
Brown-Forman
7D
1.4%
1Y
-33.3%
STZ
US$141.99
Constellation Brands
7D
3.0%
1Y
-41.5%
COCO
US$53.57
Vita Coco Company
7D
-1.1%
1Y
47.7%
TAP
US$46.62
Molson Coors Beverage
7D
0.3%
1Y
-24.3%

TAP: Future Returns Will Depend On Consumer Strength And Category Trend Stabilization

Analysts have modestly lowered their price target on Molson Coors Beverage to approximately $51 per share from roughly $51 previously, citing a weak Q3 print, tempered FY25 guidance, ongoing category softness and share losses, and a lack of near term catalysts despite stable margins and only slight adjustments to growth and valuation assumptions. Analyst Commentary Recent Street research reflects a mixed but generally cautious stance on Molson Coors, with modest price target cuts clustered in the high $40s to low $50s and a tilt toward Neutral or Hold ratings.
KO
US$70.25
Coca-Cola
7D
-2.4%
1Y
12.2%
SAM
US$195.02
Boston Beer Company
7D
0.05%
1Y
-38.4%
CELH
US$44.30
Celsius Holdings
7D
3.9%
1Y
45.0%

CELH: Expanded Distribution Agreements With Major Beverage Leader Will Drive Market Share Gains

The analyst average price target for Celsius Holdings was recently lowered to $66 from $73. Analysts cite robust category growth and brand performance, but acknowledge short-term volatility and the recent market sell-off as factors prompting a more conservative valuation.
KDP
US$29.00
Keurig Dr Pepper
7D
2.9%
1Y
-13.7%

KDP: Merger Execution And Tariff Exemption Will Drive Long-Term Value

Analysts have lowered their average price target for Keurig Dr Pepper from approximately $35.44 to $34.73 per share. They cite concerns over the recent merger reception, near-term uncertainty, and ongoing revisions to earnings expectations.
KOF
US$91.79
Coca-Cola FEMSA. de
7D
4.8%
1Y
11.4%
PRMB
US$15.47
Primo Brands
7D
-5.7%
1Y
-50.3%