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U.S. Beverage Industry Analysis

UpdatedFeb 21, 2026
DataAggregated Company Financials
Companies61
  • 7D0.9%
  • 3M11.8%
  • 1Y10.1%
  • YTD14.1%

The Beverage industry has stayed flat over the last week. The past year has been better, since the industry has gained 10% in that time. As for the next few years, earnings are expected to grow by 10% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Feb 2026US$785.2bUS$220.7bUS$26.2b26.2x29.9x3.6x
Mon, 19 Jan 2026US$732.2bUS$225.5bUS$25.8b23.5x28.4x3.2x
Wed, 17 Dec 2025US$831.8bUS$225.5bUS$25.8b23x32.2x3.7x
Fri, 14 Nov 2025US$713.5bUS$225.2bUS$25.7b23.2x27.8x3.2x
Sun, 12 Oct 2025US$704.4bUS$222.1bUS$28.1b23.3x25.1x3.2x
Tue, 09 Sep 2025US$697.7bUS$222.4bUS$26.4b24.4x26.4x3.1x
Thu, 07 Aug 2025US$702.9bUS$221.5bUS$26.4b25.5x26.6x3.2x
Sat, 05 Jul 2025US$718.0bUS$220.7bUS$26.8b29.5x26.8x3.3x
Mon, 02 Jun 2025US$719.0bUS$220.3bUS$27.2b29.6x26.4x3.3x
Wed, 30 Apr 2025US$719.3bUS$220.1bUS$27.4b25.5x26.2x3.3x
Fri, 28 Mar 2025US$730.3bUS$219.8bUS$28.0b28.6x26.1x3.3x
Sun, 23 Feb 2025US$735.5bUS$219.4bUS$29.1b22x25.3x3.4x
Tue, 21 Jan 2025US$672.6bUS$212.8bUS$28.3b22.9x23.8x3.2x
Thu, 19 Dec 2024US$707.9bUS$213.5bUS$28.2b24.6x25.1x3.3x
Sat, 16 Nov 2024US$727.4bUS$213.5bUS$28.2b25x25.8x3.4x
Mon, 14 Oct 2024US$767.0bUS$214.2bUS$28.8b26.9x26.7x3.6x
Wed, 11 Sep 2024US$783.3bUS$213.7bUS$30.8b22.9x25.5x3.7x
Fri, 09 Aug 2024US$753.4bUS$214.5bUS$30.9b23.3x24.4x3.5x
Sun, 07 Jul 2024US$727.9bUS$213.9bUS$30.5b22.7x23.9x3.4x
Tue, 04 Jun 2024US$749.0bUS$214.1bUS$29.7b25.4x25.2x3.5x
Thu, 02 May 2024US$748.2bUS$214.4bUS$29.7b24.8x25.2x3.5x
Sat, 30 Mar 2024US$757.7bUS$213.2bUS$29.1b25.7x26x3.6x
Mon, 26 Feb 2024US$739.4bUS$212.2bUS$28.8b27.3x25.7x3.5x
Wed, 24 Jan 2024US$730.1bUS$211.2bUS$27.1b28.9x26.9x3.5x
Fri, 22 Dec 2023US$721.1bUS$211.4bUS$27.1b28.4x26.6x3.4x
Sun, 19 Nov 2023US$718.3bUS$211.3bUS$27.1b28.6x26.5x3.4x
Tue, 17 Oct 2023US$672.8bUS$208.5bUS$25.8b27.5x26.1x3.2x
Thu, 14 Sep 2023US$753.6bUS$207.4bUS$23.6b30.1x31.9x3.6x
Sat, 12 Aug 2023US$778.5bUS$207.6bUS$23.6b33.9x33x3.8x
Mon, 10 Jul 2023US$757.1bUS$203.4bUS$20.8b33.8x36.4x3.7x
Wed, 07 Jun 2023US$756.0bUS$203.0bUS$21.0b33.1x36x3.7x
Fri, 05 May 2023US$780.7bUS$202.3bUS$21.0b35.6x37.2x3.9x
Sun, 02 Apr 2023US$753.2bUS$199.3bUS$23.2b34.8x32.4x3.8x
Tue, 28 Feb 2023US$730.4bUS$198.8bUS$23.4b32x31.2x3.7x
Price to Earnings Ratio

31.2x


Total Market Cap: US$730.4bTotal Earnings: US$23.4bTotal Revenue: US$198.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Beverage Industry Price to Earnings3Y Average 27.8x202420252026
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 27.8x.
  • 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 3.9% per year over the last three years.
  • Revenues for these companies have grown 3.5% 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 Market0.99%
Consumer Staples-2.90%
Beverage0.89%
Distillers and Wine Makers3.15%
Soft Drinks0.88%
Brewers-6.06%
Industry PE
  • Investors are most optimistic about the Soft Drinks industry, which is trading close to its 3-year average PE ratio of 26.7x.
    • Analysts are expecting annual earnings growth of 9.6%, which is higher than its past year's earnings growth of 4.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Brewers industry, expecting annual earnings growth of 50% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Soft Drinks industry is expected to see its earnings grow by 9.6% 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$79.841.5%
+US$5.0b		11.9%PE26.2x
MNST Monster BeverageUS$83.762.8%
+US$2.2b		58.0%PE47.4x
STZ Constellation BrandsUS$156.414.8%
+US$1.2b		-11.1%PE24.4x
CELH Celsius HoldingsUS$48.328.1%
+US$938.3m		48.1%PE399.9x
KOF Coca-Cola FEMSA. deUS$113.070.3%
+US$69.3m		27.9%PE17.2x

Latest News

KOF
US$113.07
Coca-Cola FEMSA. de
7D
0.3%
1Y
27.9%

KOF: Mixed Ratings And Margin Execution Will Shape Future Return Profile

The analyst price target for Coca-Cola FEMSA has edged higher from $104.71 to $108.19. Analysts point to updated assumptions around slightly lower revenue growth, modestly stronger profit margins, and a steady forward P/E in light of recent mixed rating and target changes from major research houses.
KDP
US$29.54
Keurig Dr Pepper
7D
-0.5%
1Y
-13.2%

KDP: New Beverage Expansion And Premium Coffee Line Will Support Margins

Analysts have kept their average price target for Keurig Dr Pepper broadly steady around $34, reflecting higher modeled revenue growth of about 12% and a lower profit margin assumption of roughly 15%, which together feed into a slightly adjusted future P/E outlook near 16x. Analyst Commentary Recent research around the broader market has focused more on recalibrating expectations than on Keurig Dr Pepper specifically, but the themes still help frame how analysts are thinking about valuation, execution, and growth risk for consumer names like KDP.
PRMB
US$18.73
Primo Brands
7D
-0.2%
1Y
-45.0%
TAP
US$49.86
Molson Coors Beverage
7D
-6.3%
1Y
-17.4%
CELH
US$48.32
Celsius Holdings
7D
8.1%
1Y
48.1%

From $5M to $2B: Why the 2024 Crash Was the Best Buying Opportunity in Consumer Stocks

A 17-Year Story That Most Investors Only Discovered in the Last Three In 2010, Celsius Holdings (CELH) was generating roughly US$5 million in annual revenue, a forgotten energy drink with niche distribution in Scandinavian gyms and a handful of US health food stores. By the end of 2025, the company had crossed US$2 billion in trailing twelve-month revenue and acquired two major energy drink brands.
MNST
US$83.76
Monster Beverage
7D
2.8%
1Y
58.0%

MNST: Refreshed Long Term Assumptions Suggest Steady Returns Within Current Range

Analysts have nudged their average price target for Monster Beverage slightly higher to $80.77, citing a series of recent target increases and an upgrade that reflect updated views on long term growth assumptions, profit margins, and Monster's future P/E profile. Analyst Commentary Recent research activity around Monster Beverage has centered on refreshed long term assumptions for growth, margins, and what multiple the stock might reasonably support, with several firms adjusting price targets and one issuing an upgrade.
KO
US$79.84
Coca-Cola
7D
1.5%
1Y
11.9%
COKE
US$182.22
Coca-Cola Consolidated
7D
12.5%
1Y
31.8%
COCO
US$53.96
Vita Coco Company
7D
-4.6%
1Y
43.6%
MGPI
US$25.93
MGP Ingredients
7D
0.7%
1Y
-19.4%

MGPI: Branded Spirits Focus And Margin Resilience Will Support Future Re Rating

Analysts have inched their fair value estimate for MGP Ingredients up by $0.05 to $34.80, reflecting updated views on a tougher revenue outlook, a slightly higher discount rate, improved profit margin expectations, and recent Street research that includes both a lower $24 price target from TD Cowen and fresh Buy initiations highlighting the company’s response to current challenges. Analyst Commentary Street research on MGP Ingredients currently reflects a mix of optimism about the company’s response to its challenges and caution around the broader consumer staples setup through 2026.
BF.B
US$29.99
Brown-Forman
7D
0.1%
1Y
-6.5%

BF.B: Trimmed Expectations And Buybacks Will Support Future Share Upside

Analysts have trimmed their Brown-Forman price targets by a few dollars to around the fair value of $37.50, citing slightly adjusted assumptions for revenue growth, margins, discount rate, and future P/E, while still viewing the overall valuation framework as broadly intact. Analyst Commentary Even with slightly lower price targets, recent research still frames Brown-Forman as broadly aligned with its fair value near US$37.50, with the key debate centered on how the company executes on its growth and margin assumptions over time.
SAM
US$235.00
Boston Beer Company
7D
-5.1%
1Y
3.4%
PEP
US$164.94
PepsiCo
7D
-0.6%
1Y
7.5%
STZ
US$156.41
Constellation Brands
7D
4.8%
1Y
-11.1%

STZ: Stabilizing Beer Depletions And Cautious Guidance Will Support Recovery Into 2026

Analysts have nudged their price targets for Constellation Brands higher into a roughly $148 to $197 range, citing Q3 results that were ahead of expectations, more stable beer depletions, and management's cautious optimism as key supports for the updated view. Analyst Commentary Recent research updates cluster in a relatively tight price target range but reflect a mix of optimism on execution and caution on how much of the recent Q3 performance flows through to future results.
REED
US$2.07
Reed's
7D
-5.9%
1Y
-74.4%

REED: Recent IPO Structure And Lockup Timeline Will Support Future Rerating

Analysts have kept their price target for Reed's steady at about $4.75, citing largely unchanged fair value estimates along with fine-tuning of assumptions around discount rate, profit margin, and future P/E that slightly adjusts their risk and profitability expectations without shifting the overall valuation view. What's in the News Reed's, Inc.
FIZZ
US$37.01
National Beverage
7D
1.8%
1Y
-9.0%