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U.S. Beverage Industry Analysis

UpdatedJul 17, 2026
DataAggregated Company Financials
Companies62
  • 7D2.3%
  • 3M5.1%
  • 1Y11.1%
  • YTD13.1%

Over the last 7 days, the Beverage industry has dropped 1.6%, driven by a pullback from Coca-Cola FEMSA. de of 1.4%. In the past year, the industry has gained 12%. As for the next few years, earnings are expected to grow by 7.8% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 17 Jul 2026US$765.4bUS$227.2bUS$29.6b26.7x25.8x3.4x
Sun, 14 Jun 2026US$782.1bUS$226.0bUS$27.8b25.9x28.1x3.5x
Tue, 12 May 2026US$768.4bUS$226.1bUS$27.9b24.7x27.5x3.4x
Thu, 09 Apr 2026US$734.6bUS$221.8bUS$26.9b25.4x27.3x3.3x
Sat, 07 Mar 2026US$761.4bUS$221.4bUS$26.9b24.1x28.3x3.4x
Mon, 02 Feb 2026US$764.7bUS$225.7bUS$25.8b24.4x29.7x3.4x
Wed, 31 Dec 2025US$816.3bUS$225.4bUS$25.8b22.8x31.6x3.6x
Fri, 28 Nov 2025US$733.4bUS$225.2bUS$25.8b23.3x28.4x3.3x
Sun, 26 Oct 2025US$722.0bUS$223.4bUS$28.6b23.5x25.2x3.2x
Tue, 23 Sep 2025US$684.4bUS$222.7bUS$26.4b23.4x25.9x3.1x
Thu, 21 Aug 2025US$736.7bUS$222.4bUS$26.4b27.3x27.9x3.3x
Sat, 19 Jul 2025US$722.1bUS$220.6bUS$26.8b28.7x26.9x3.3x
Mon, 16 Jun 2025US$704.4bUS$220.6bUS$27.1b29.1x25.9x3.2x
Wed, 14 May 2025US$705.3bUS$220.3bUS$27.2b28.7x25.9x3.2x
Fri, 11 Apr 2025US$729.1bUS$219.7bUS$27.2b25.4x26.8x3.3x
Sun, 09 Mar 2025US$739.2bUS$219.8bUS$28.0b28.9x26.4x3.4x
Tue, 04 Feb 2025US$677.8bUS$213.0bUS$28.3b22.5x24x3.2x
Thu, 02 Jan 2025US$688.4bUS$212.8bUS$28.2b22.6x24.4x3.2x
Sat, 30 Nov 2024US$725.4bUS$213.5bUS$28.2b25.8x25.7x3.4x
Mon, 28 Oct 2024US$749.9bUS$214.1bUS$28.6b26.4x26.2x3.5x
Wed, 25 Sep 2024US$778.6bUS$214.2bUS$30.8b23.4x25.3x3.6x
Fri, 23 Aug 2024US$763.9bUS$214.2bUS$30.8b23.7x24.8x3.6x
Sun, 21 Jul 2024US$740.7bUS$214.1bUS$30.9b22.6x24x3.5x
Tue, 18 Jun 2024US$722.2bUS$213.4bUS$29.7b24.9x24.3x3.4x
Thu, 16 May 2024US$768.4bUS$215.0bUS$29.8b25.7x25.8x3.6x
Sat, 13 Apr 2024US$732.1bUS$213.3bUS$29.3b24.8x25x3.4x
Mon, 11 Mar 2024US$731.0bUS$213.0bUS$29.0b25.7x25.2x3.4x
Wed, 07 Feb 2024US$740.5bUS$211.4bUS$27.2b29x27.3x3.5x
Fri, 05 Jan 2024US$743.6bUS$211.5bUS$27.1b29.6x27.4x3.5x
Sun, 03 Dec 2023US$730.3bUS$211.3bUS$27.1b29x27x3.5x
Tue, 31 Oct 2023US$695.8bUS$209.8bUS$26.4b27.4x26.3x3.3x
Thu, 28 Sep 2023US$713.8bUS$207.0bUS$23.6b28.6x30.3x3.4x
Sat, 26 Aug 2023US$764.9bUS$207.7bUS$23.7b32.6x32.3x3.7x
Mon, 24 Jul 2023US$787.2bUS$205.6bUS$22.1b33.8x35.6x3.8x
Price to Earnings Ratio

35.6x


Total Market Cap: US$787.2bTotal Earnings: US$22.1bTotal Revenue: US$205.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Beverage Industry Price to Earnings3Y Average 26.9x202420252026
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 26.9x.
  • 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 10% 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 Market-0.88%
Consumer Staples2.73%
Beverage2.34%
Brewers7.17%
Distillers and Wine Makers2.69%
Soft Drinks2.27%
Industry PE
  • Investors are most optimistic about the Soft Drinks industry, which is trading close to its 3-year average PE ratio of 26.0x.
    • Analysts are expecting annual earnings growth of 7.4%, which is lower than the prior year's growth of 30.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Brewers industry, expecting annual earnings growth of 52% over the next 5 years.
  • In contrast, the Distillers and Wine Makers industry is expected to see its earnings grow by 4.9% 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$84.922.8%
+US$9.9b		20.3%PE26.7x
MNST Monster BeverageUS$99.943.5%
+US$3.3b		69.1%PE48.1x
PEP PepsiCoUS$139.431.1%
+US$2.1b		-4.1%PE18.2x
KDP Keurig Dr PepperUS$31.382.1%
+US$898.0m		-7.4%PE23.3x
PRMB Primo BrandsUS$25.397.4%
+US$635.0m		-11.4%PE126.2x

Latest News

KO
US$84.92
Coca-Cola
7D
2.8%
1Y
20.3%
COKE
US$182.45
Coca-Cola Consolidated
7D
4.0%
1Y
60.8%
PEP
US$139.43
PepsiCo
7D
1.1%
1Y
-4.1%
Seeking Alpha • 19h

PepsiCo: Dividend King With Double-Digit Total Return Potential

Summary PepsiCo is rated a strong buy after recent weakness, offering a compelling blend of yield, growth, and undervaluation. PEP's forward CAGR is projected at 13.7–18.2%, driven by dividend growth, EPS expansion, and potential multiple re-rating toward historical averages. Guidance for organic revenue growth (2–4%) is conservative; I expect acquisitions and cost tailwinds to lift overall growth to 6%. PEP's superior free cash flow, resilient dividend policy, and sector-leading profitability underpin its long-term defensive appeal. Read the full article on Seeking Alpha
FIZZ
US$32.25
National Beverage
7D
-0.9%
1Y
-31.3%
Seeking Alpha • 23h

National Beverage Is At The Lows For Good Reason

Summary National Beverage faces stalled growth, with LaCroix volumes declining for four consecutive years and little buzz left in the brand. FIZZ trades at 9.5x EV/EBITDA and 14.5x earnings ex-cash, a logical valuation given muted growth prospects and the lack of a clear upside catalyst. Gross margins remain stable, and the balance sheet is cash-rich, yet management shows little sign of pursuing transformative financial engineering or a sale. With no evidence of imminent change, FIZZ appears fairly valued at best, justifying a 'hold' rating amid ongoing strategic inertia. Read the full article on Seeking Alpha
SBEV
US$0.094
Splash Beverage Group
7D
-43.4%
1Y
-96.3%
STZ
US$135.72
Constellation Brands
7D
2.5%
1Y
-20.9%
Narrative Update • Jul 15

STZ: Beer Execution And FY27 Guidance Confidence Will Drive Rerating

Constellation Brands' updated analyst price target of $209.00, down from a prior fair value estimate of $218.97, reflects analysts' more cautious post Q1 models. These models assume slightly slower revenue growth, a higher discount rate, and a lower future P/E, partially offset by a modestly higher profit margin outlook.
TAP
US$41.78
Molson Coors Beverage
7D
7.8%
1Y
-17.0%
Seeking Alpha • Jul 15

Molson Coors: Buying This 15% FCF Yield Underpinned By A Strong Balance Sheet

Summary Molson Coors is currently facing a challenging operating environment created by a double whammy of declining volumes and rising input costs. The company has been able to mitigate most of the volume declines by raising prices and benefiting from a favourable mix shift towards more premium brands. To gain better control of its operating expenses, TAP also announced a large restructuring plan last February, targeting $450 million of cost savings over the next three years. Based on today's share price below $39.00, Molson Coors offers a free cash flow yield of around 15%, one of the highest since at least the late 1990s. To put my money where my mouth is, I acquired my first shares today at an average price of $38.80. I would be more than happy to increase my stake further in case the stock continues to drift lower. Read the full article on Seeking Alpha
CELH
US$29.98
Celsius Holdings
7D
-1.8%
1Y
-32.6%
Narrative Update • Jul 13

CELH: Portfolio Optimization And Legal Overhangs Will Set Up Future Rebound

Analysts have trimmed their fair value estimate for Celsius Holdings from $58.52 to $56.76 as a series of lowered Street price targets, driven by softer scanner trends, moderating category growth, and portfolio rationalization, feed into slightly reduced revenue growth, profit margin, and future P/E assumptions. Analyst Commentary Recent research on Celsius Holdings points to a mixed backdrop, with most firms trimming price targets yet maintaining constructive views on the company and its energy drink portfolio.
PRMB
US$25.39
Primo Brands
7D
7.4%
1Y
-11.4%
Narrative Update • Jul 10

PRMB: Leadership Restructuring And Buybacks Expected To Support Measured Future Upside

Analysts have lifted their price target for Primo Brands from $18.00 to $22.00, citing updated assumptions for revenue growth, profit margins, and future P/E. These updates feed into a higher fair value estimate despite a slightly higher discount rate.
MNST
US$99.94
Monster Beverage
7D
3.5%
1Y
69.1%
Seeking Alpha • Jul 09

Monster Energy Sells Something Far More Valuable Than Just A Beverage

Summary Monster Energy (MNST) positions its beverages as productivity tools, not just thirst-quenchers, appealing to a broad consumer base. MNST leverages the universal desire for increased daily productivity, promising consumers a perceived edge in extracting more from each day. The investment thesis centers on MNST's ability to market its products as essential for productivity, enhancing perceived value beyond taste. Rising worker productivity and compensation trends reinforce the relevance and appeal of MNST's core value proposition. Read the full article on Seeking Alpha
KDP
US$31.38
Keurig Dr Pepper
7D
2.1%
1Y
-7.4%
Narrative Update • Jul 08

KDP: Coffee Spinoff And Beverage Fundamentals Will Shape Measured 2027 Outlook

The analyst price target for Keurig Dr Pepper has been raised from $33.53 to $34.24, with analysts citing solid beverage fundamentals, improving coffee margins, a clearer path around the planned coffee business separation, and supportive sum-of-the-parts valuations as key reasons for the higher fair value estimate. Analyst Commentary Recent research on Keurig Dr Pepper highlights both optimism and caution as analysts reassess the stock around the planned coffee business separation, leverage profile, and execution in beverages and coffee.
KOF
US$102.04
Coca-Cola FEMSA. de
7D
-1.4%
1Y
12.0%
AMSS
US$1.24
AMASS Brands
7D
-21.5%
1Y
n/a
AMZE
US$0.092
Amaze Holdings
7D
-19.4%
1Y
-98.7%
ZVIA
US$1.67
Zevia PBC
7D
-5.6%
1Y
-46.6%
REED
US$0.99
Reed's
7D
-13.2%
1Y
-84.6%