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U.S. Beverage Industry Analysis

UpdatedAug 10, 2026
DataAggregated Company Financials
Companies61
  • 7D-0.3%
  • 3M2.3%
  • 1Y10.1%
  • YTD13.0%

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 8.0% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 11 Aug 2026US$784.3bUS$232.2bUS$29.7b29.6x26.4x3.4x
Thu, 09 Jul 2026US$784.7bUS$225.6bUS$27.9b26.2x28.1x3.5x
Sat, 06 Jun 2026US$742.8bUS$225.8bUS$27.8b25x26.7x3.3x
Mon, 04 May 2026US$761.6bUS$224.9bUS$27.7b24.7x27.5x3.4x
Wed, 01 Apr 2026US$739.7bUS$221.4bUS$26.9b25x27.5x3.3x
Fri, 27 Feb 2026US$803.9bUS$221.5bUS$26.7b24.3x30.1x3.6x
Sun, 25 Jan 2026US$747.6bUS$225.8bUS$25.8b24.4x29x3.3x
Tue, 23 Dec 2025US$821.0bUS$225.4bUS$25.8b23.1x31.8x3.6x
Thu, 20 Nov 2025US$720.6bUS$225.2bUS$25.8b23x27.9x3.2x
Sat, 18 Oct 2025US$716.5bUS$222.2bUS$28.1b24.5x25.5x3.2x
Mon, 15 Sep 2025US$694.3bUS$222.6bUS$26.4b24.1x26.3x3.1x
Wed, 13 Aug 2025US$726.7bUS$222.5bUS$26.5b26.6x27.4x3.3x
Fri, 11 Jul 2025US$704.3bUS$220.7bUS$26.8b29.1x26.3x3.2x
Sun, 08 Jun 2025US$708.0bUS$220.5bUS$27.1b29x26.1x3.2x
Tue, 06 May 2025US$717.7bUS$220.0bUS$27.3b29.9x26.2x3.3x
Thu, 03 Apr 2025US$744.3bUS$219.7bUS$28.0b28.9x26.6x3.4x
Sat, 01 Mar 2025US$730.0bUS$219.6bUS$28.0b28.8x26.1x3.3x
Mon, 27 Jan 2025US$667.1bUS$213.1bUS$28.3b22.1x23.6x3.1x
Wed, 25 Dec 2024US$694.2bUS$213.2bUS$28.2b22.7x24.6x3.3x
Fri, 22 Nov 2024US$706.7bUS$213.4bUS$28.2b25.3x25x3.3x
Sun, 20 Oct 2024US$775.5bUS$213.8bUS$28.7b27.1x27x3.6x
Tue, 17 Sep 2024US$781.1bUS$214.3bUS$30.8b22.9x25.3x3.6x
Thu, 15 Aug 2024US$751.9bUS$214.6bUS$30.9b23x24.3x3.5x
Sat, 13 Jul 2024US$726.4bUS$214.4bUS$30.9b22.4x23.5x3.4x
Mon, 10 Jun 2024US$748.0bUS$213.5bUS$29.8b25.6x25.1x3.5x
Wed, 08 May 2024US$760.4bUS$214.8bUS$29.8b25.6x25.5x3.5x
Fri, 05 Apr 2024US$738.6bUS$213.2bUS$29.1b25.4x25.3x3.5x
Sun, 03 Mar 2024US$734.9bUS$212.8bUS$28.9b27.1x25.5x3.5x
Tue, 30 Jan 2024US$733.7bUS$211.3bUS$27.1b28.8x27x3.5x
Thu, 28 Dec 2023US$737.8bUS$211.5bUS$27.1b28.8x27.2x3.5x
Sat, 25 Nov 2023US$730.8bUS$211.4bUS$27.1b29x27x3.5x
Mon, 23 Oct 2023US$678.8bUS$208.2bUS$25.8b26.5x26.3x3.3x
Wed, 20 Sep 2023US$749.6bUS$207.5bUS$23.6b30.1x31.7x3.6x
Fri, 18 Aug 2023US$769.5bUS$207.5bUS$23.6b33.3x32.6x3.7x
Price to Earnings Ratio

32.6x


Total Market Cap: US$769.5bTotal Earnings: US$23.6bTotal Revenue: US$207.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Beverage Industry Price to Earnings3Y Average 26.7x202420252026
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 26.7x.
  • 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 8.0% per year over the last three years.
  • Revenues for these companies have grown 3.8% 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 Market2.74%
Consumer Staples0.26%
Beverage-0.26%
Brewers3.15%
Distillers and Wine Makers3.01%
Soft Drinks-0.47%
Industry PE
  • Investors are most optimistic about the Soft Drinks industry, which is trading close to its 3-year average PE ratio of 25.8x.
    • Analysts are expecting annual earnings growth of 7.5%, which is lower than the prior year's growth of 9.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Brewers industry, expecting annual earnings growth of 54% over the next 5 years.
  • In contrast, the Distillers and Wine Makers industry is expected to see its earnings grow by 5.6% 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
KOF Coca-Cola FEMSA. deUS$109.021.9%
+US$422.3m		27.7%PE16.4x
PRMB Primo BrandsUS$23.515.3%
+US$416.1m		-2.4%PE76.3x
STZ Constellation BrandsUS$133.391.5%
+US$346.6m		-20.9%PE12.5x
COKE Coca-Cola ConsolidatedUS$185.552.6%
+US$318.8m		61.9%PE22.5x
BF.B Brown-FormanUS$28.191.4%
+US$174.4m		-8.3%PE18.1x

Latest News

FIZZ
US$31.04
National Beverage
7D
-1.6%
1Y
-32.7%
CELH
US$27.21
Celsius Holdings
7D
-3.6%
1Y
-49.6%
Analysis Article • Aug 09

Celsius Holdings, Inc. Just Missed EPS By 64%: Here's What Analysts Think Will Happen Next

As you might know, Celsius Holdings, Inc. ( NASDAQ:CELH ) last week released its latest second-quarter, and things did...
ZVIA
US$1.39
Zevia PBC
7D
-17.3%
1Y
-55.4%
Seeking Alpha • Aug 09

Zevia: The Fanbase Nobody Can Find

Summary I rate Zevia PBC a Strong Buy with a $3.00 price target. ZVIA's stagnant household penetration masks robust 20% buy rate growth and strong loyalty, indicating a distribution—not demand—problem. With 49% gross margins, 26.7% contribution margins, no debt, and inelastic demand, ZVIA trades at just 0.49x sales—deeply discounted for its fundamentals. Execution risk and dilution remain, but the setup is primed for long-term operating leverage if distribution initiatives succeed. Read the full article on Seeking Alpha
KO
US$86.87
Coca-Cola
7D
0.01%
1Y
22.8%
SAM
US$180.99
Boston Beer Company
7D
-3.0%
1Y
-15.4%
Narrative Update • Aug 08

SAM: Cost Controls And Brand Concentration Will Shape Future Risk Reward

Analysts have trimmed the fair value estimate for Boston Beer Company to $199.85 from $230.39 as they lower price targets across the board, reflecting softer volumes, a large Q2 EPS miss, guidance that leans toward the low end of the full year range, and ongoing questions around growth beyond key brands. Analyst Commentary Recent Street research on Boston Beer Company points to a mixed setup.
KDP
US$29.30
Keurig Dr Pepper
7D
-5.2%
1Y
-15.4%
Narrative Update • Aug 08

KDP: Coffee Separation And JDE Peet’s Integration Will Drive Upside Into 2027

Analysts have lifted the consolidated price target for Keurig Dr Pepper toward the mid $30s, reflecting a slightly higher fair value estimate of about $35.65 and referencing recent research that points to constructive views on the planned coffee separation, company fundamentals, and valuation. Analyst Commentary Recent research on Keurig Dr Pepper points to a mix of optimism around the planned coffee separation and ongoing questions about execution and leadership continuity.
TAP
US$42.52
Molson Coors Beverage
7D
1.4%
1Y
-15.5%
MNST
US$91.43
Monster Beverage
7D
-2.3%
1Y
43.6%
PRMB
US$23.51
Primo Brands
7D
5.3%
1Y
-2.4%
Narrative Update • Aug 07

PRMB: Q2 Beat And Buyback Activity Are Expected To Support Repricing

Primo Brands sees its analyst price target move from $28.09 to $30.36, with analysts pointing to updated expectations for revenue growth, profit margins, and valuation multiples following recent Q2 results and research updates. Analyst Commentary Recent Street research on Primo Brands clusters around higher price targets following the Q2 update, but there are still clear areas that analysts want to see the company execute on.
COKE
US$185.55
Coca-Cola Consolidated
7D
2.6%
1Y
61.9%
PEP
US$137.73
PepsiCo
7D
-1.0%
1Y
-6.2%
BF.B
US$28.19
Brown-Forman
7D
1.4%
1Y
-8.3%
COCO
US$62.78
Vita Coco Company
7D
-1.0%
1Y
92.6%
Seeking Alpha • Aug 04

Vita Coco: Growth Outlook Remains Healthy

Summary I reiterate my buy rating on The Vita Coco Company as recurring demand, distribution gains, and the Copra acquisition drive growth. Q2 net sales grew 28.1% year-over-year, with volume up 24.3% and gross margin expanding to 48.7%, aided by tariff refunds. Household penetration and repeat purchases underpin sustainable growth, while Private Label and Copra provide additional revenue and margin expansion opportunities. With revenue scaling above 20% and margin upside, COCO is positioned to achieve FY2029 adj. EPS targets, supporting further upside. Read the full article on Seeking Alpha
MGPI
US$17.79
MGP Ingredients
7D
2.8%
1Y
-34.6%
KOF
US$109.02
Coca-Cola FEMSA. de
7D
1.9%
1Y
27.7%
Narrative Update • Jul 30

KOF: Margin Resilience And 2026 Dividend Payout Will Support Further Upside

Coca-Cola FEMSA's updated fair value estimate of $133.00 edges higher as analysts lift price targets into a softer consumer backdrop, citing stabilizing trends and resilient margins despite slightly adjusted growth and margin assumptions and a modestly higher future P/E expectation. Analyst Commentary Recent research on Coca-Cola FEMSA points to a mixed but generally constructive stance, with several bullish analysts lifting price targets as they factor in resilient margins and a steadier earnings backdrop.
STZ
US$133.39
Constellation Brands
7D
1.5%
1Y
-20.9%
Narrative Update • Jul 29

STZ: World Cup Marketing And Mixed Depletions Will Guide Balanced Expectations

Constellation Brands' updated analyst price target has moved lower by about $10 to reflect a mix of more cautious revenue growth expectations, higher projected profit margins, and a reduced future P/E assumption as analysts digest the latest fiscal Q1 results and guidance commentary. Analyst Commentary Recent research on Constellation Brands shows a clear divide between cautious and more constructive views following the fiscal Q1 update.