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U.S. Beverage Industry Analysis

UpdatedApr 26, 2026
DataAggregated Company Financials
Companies61
  • 7D0.4%
  • 3M2.9%
  • 1Y6.8%
  • YTD8.2%

In the last week, Beverage has been flat. As for the the longer term, the industry is up 6.8% over the past 12 months. Looking forward, earnings are forecast to grow by 8.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 Apr 2026US$753.5bUS$223.5bUS$27.5b24.7x27.4x3.4x
Tue, 24 Mar 2026US$725.7bUS$221.5bUS$26.9b24.2x27x3.3x
Thu, 19 Feb 2026US$800.1bUS$227.8bUS$26.9b25.6x29.8x3.5x
Sat, 17 Jan 2026US$734.2bUS$225.5bUS$25.8b23.5x28.5x3.3x
Mon, 15 Dec 2025US$829.5bUS$225.4bUS$25.8b23.3x32.1x3.7x
Wed, 12 Nov 2025US$704.3bUS$225.2bUS$25.7b23.3x27.4x3.1x
Fri, 10 Oct 2025US$685.4bUS$222.2bUS$28.1b23.2x24.4x3.1x
Sun, 07 Sep 2025US$708.1bUS$222.4bUS$26.4b25.3x26.8x3.2x
Tue, 05 Aug 2025US$701.3bUS$221.3bUS$26.4b25.3x26.6x3.2x
Thu, 03 Jul 2025US$717.0bUS$220.6bUS$26.8b29.4x26.8x3.3x
Sat, 31 May 2025US$716.9bUS$220.3bUS$27.2b29.6x26.3x3.3x
Mon, 28 Apr 2025US$720.8bUS$220.3bUS$27.3b25.5x26.4x3.3x
Wed, 26 Mar 2025US$720.0bUS$219.9bUS$28.0b27.9x25.7x3.3x
Fri, 21 Feb 2025US$712.7bUS$218.8bUS$28.9b23.8x24.6x3.3x
Sun, 19 Jan 2025US$672.6bUS$212.8bUS$28.3b22.9x23.8x3.2x
Tue, 17 Dec 2024US$714.2bUS$213.6bUS$28.3b24.6x25.3x3.3x
Thu, 14 Nov 2024US$724.4bUS$213.4bUS$28.2b25.7x25.7x3.4x
Sat, 12 Oct 2024US$762.6bUS$214.2bUS$28.8b26.9x26.5x3.6x
Mon, 09 Sep 2024US$775.4bUS$213.8bUS$30.8b23x25.2x3.6x
Wed, 07 Aug 2024US$756.9bUS$214.0bUS$30.7b23.3x24.6x3.5x
Fri, 05 Jul 2024US$722.4bUS$213.9bUS$30.5b23.4x23.7x3.4x
Sun, 02 Jun 2024US$748.9bUS$214.7bUS$29.8b25.3x25.1x3.5x
Tue, 30 Apr 2024US$750.5bUS$213.9bUS$29.5b24.6x25.5x3.5x
Thu, 28 Mar 2024US$755.0bUS$213.2bUS$29.1b25.7x25.9x3.5x
Sat, 24 Feb 2024US$739.4bUS$212.2bUS$28.8b27.3x25.7x3.5x
Mon, 22 Jan 2024US$734.3bUS$211.4bUS$27.1b28.8x27.1x3.5x
Wed, 20 Dec 2023US$734.7bUS$211.4bUS$27.1b28.9x27.1x3.5x
Fri, 17 Nov 2023US$718.3bUS$211.3bUS$27.1b28.6x26.5x3.4x
Sun, 15 Oct 2023US$668.7bUS$208.4bUS$25.8b27x25.9x3.2x
Tue, 12 Sep 2023US$756.4bUS$207.3bUS$23.6b30.2x32x3.6x
Thu, 10 Aug 2023US$775.3bUS$207.5bUS$23.6b33.7x32.9x3.7x
Sat, 08 Jul 2023US$757.1bUS$203.4bUS$20.8b33.8x36.4x3.7x
Mon, 05 Jun 2023US$765.6bUS$202.8bUS$21.0b33.5x36.5x3.8x
Wed, 03 May 2023US$780.0bUS$202.0bUS$20.9b34.7x37.2x3.9x
Price to Earnings Ratio

37.2x


Total Market Cap: US$780.0bTotal Earnings: US$20.9bTotal Revenue: US$202.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Beverage Industry Price to Earnings3Y Average 27.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Beverage industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 27.5x.
  • The industry is trading close to its 3-year average PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Beverage industry have grown 9.4% per year over the last three years.
  • Revenues for these companies have grown 3.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

US Market0.39%
Consumer Staples1.00%
Beverage0.45%
Soft Drinks0.77%
Distillers and Wine Makers-3.51%
Brewers-4.55%
Industry PE
  • Investors are most optimistic about the Soft Drinks industry, which is trading close to its 3-year average PE ratio of 26.5x.
    • Analysts are expecting annual earnings growth of 8.2%, which is lower than the prior year's growth of 11.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Brewers industry, expecting annual earnings growth of 43% over the next 5 years.
  • However this is lower than its past earnings growth rate of 81% per year.
  • In contrast, the Distillers and Wine Makers industry is expected to see its earnings grow by 4.3% 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
KO Coca-ColaUS$76.631.2%
+US$3.8b		6.6%PE25.2x
KDP Keurig Dr PepperUS$29.2210.1%
+US$3.7b		-15.1%PE21.7x
MNST Monster BeverageUS$78.232.0%
+US$1.5b		33.3%PE40.1x
COKE Coca-Cola ConsolidatedUS$195.592.8%
+US$360.1m		42.9%PE22.8x
COCO Vita Coco CompanyUS$50.394.3%
+US$118.2m		63.5%PE40.3x

Latest News

KO
US$76.63
Coca-Cola
7D
1.2%
1Y
6.6%

KO: Pricing Power And Bottler Alignment Will Shape Balanced Future Risk Reward

Analysts have raised Coca-Cola's average price target by $3, citing supportive sector views on beverages, repeated target increases from several major firms, and confidence reflected in its Top Pick designation at one broker. Analyst Commentary Recent research points to a cluster of price target increases on Coca-Cola, along with a renewed Top Pick call in beverages, giving investors a clearer view of how the Street is framing the risk and reward setup.
CELH
US$34.59
Celsius Holdings
7D
-1.9%
1Y
-5.9%
KDP
US$29.22
Keurig Dr Pepper
7D
10.1%
1Y
-15.1%
ZVIA
US$1.29
Zevia PBC
7D
4.9%
1Y
-42.9%
PEP
US$155.44
PepsiCo
7D
-1.4%
1Y
16.5%
COCO
US$50.39
Vita Coco Company
7D
4.3%
1Y
63.5%
TAP
US$42.44
Molson Coors Beverage
7D
-4.8%
1Y
-25.3%
COKE
US$195.59
Coca-Cola Consolidated
7D
2.8%
1Y
42.9%
SAM
US$236.40
Boston Beer Company
7D
-3.6%
1Y
-4.6%

SAM: Mixed Margin Progress And Legal Overhang Will Shape Shares From Here

Boston Beer Company's refreshed analyst price target edges higher by about $3 to roughly $236, as analysts weigh mixed target moves from Citi, UBS, Deutsche Bank, and Morgan Stanley, along with updated assumptions for growth, profitability, and future P/E. Analyst Commentary Recent research shows a mix of optimism and caution around Boston Beer, with target prices shifting both higher and lower as analysts update their views on growth, profitability, and valuation assumptions.
MNST
US$78.23
Monster Beverage
7D
2.0%
1Y
33.3%

Monster Beverage: Premium Valuation, But 2027 Upside Remains

Apr 20
MGPI
US$20.22
MGP Ingredients
7D
0.9%
1Y
-30.7%

MGPI: Q4 Beat And Idling Plan Will Support Post 2026 Rebound

Analysts have trimmed their average price target on MGP Ingredients by $2, to reflect 2026 guidance that points to another tough year for the industry and a slower path to year over year improvement, even as recent results topped expectations and some see current valuation as overstating risk. Analyst Commentary Street research on MGP Ingredients reflects a mixed setup, with guidance pointing to another challenging year while some bullish analysts highlight execution on recent results and room for the shares to re-rate as conditions eventually improve.
KOF
US$102.28
Coca-Cola FEMSA. de
7D
-1.6%
1Y
4.7%

KOF: Dividend Visibility And Higher Forward P/E Should Support Future Returns

Analysts have lifted the fair value estimate for Coca-Cola FEMSA to $115.81 from $113.39, reflecting updated assumptions on growth, margins and future P/E that are broadly consistent with recent shifts in Street price targets and mixed rating revisions. Analyst Commentary Street research on Coca-Cola FEMSA has been mixed, with higher price targets sitting alongside rating downgrades.
STZ
US$156.00
Constellation Brands
7D
-3.9%
1Y
-15.8%

STZ: Beer Depletion Stability And Q3 Execution Will Drive Rerating Confidence

The analyst price target for Constellation Brands has shifted slightly to $219, as analysts factor in updated assumptions for modestly higher revenue growth, a lower profit margin, and a somewhat higher future P/E multiple following a series of recent price target increases and upgrades across the Street. Analyst Commentary Recent Street research shows a clear tilt toward a more constructive view on Constellation Brands, with a cluster of price target revisions and rating changes pointing to improved confidence in the company’s execution and long term earnings power.
BF.B
US$28.31
Brown-Forman
7D
-2.9%
1Y
-16.6%

BF.B: M&A Speculation Will Likely Struggle Against Margin And Category Headwinds

Analysts have trimmed the Brown-Forman fair value estimate from about $25.00 to roughly $21.00, reflecting more cautious assumptions on revenue growth, margins, and future P/E, even as recent research includes both reduced price targets and selective upgrades tied to deal speculation and updated earnings models. Analyst Commentary Recent research on Brown-Forman has been mixed, with some upgrades and higher targets sitting alongside a series of target cuts and a high level of deal related debate.
PRMB
US$20.40
Primo Brands
7D
-2.3%
1Y
-37.3%

Primo Brands: The Value Chain At Risk

Apr 08
WVVI
US$2.79
Willamette Valley Vineyards
7D
0.4%
1Y
-53.8%