Bottled Water Analysis
Companies
6 companies in the Nasdaq 100 + S&P 100 sell Bottled Water: Coca-Cola (KO), Coca-Cola Europacific Partners (CCEP), Keurig Dr Pepper (KDP), Monster Beverage (MNST), PepsiCo (PEP) and Starbucks (SBUX).
Where it fits within their business
Cleanest reporting: no company reports Bottled Water in a segment of its own. Every segment shares it with other mapped products.
Most blended: PEP reports Bottled Water in its “PepsiCo Beverages North America”, “International Beverage Franchise” and “Europe, Middle East & Africa” revenue segments, shared with 9 other mapped products, including “Breakfast Cereals and Oats” and “Carbonated Soft Drinks”.
Highest company exposure: CCEP has 100.0% of its revenue in its “Europe” and “APS” revenue segments, its only reported revenue segments, both of which contain Bottled Water. KO has 100.0% of its revenue in its “Concentrate Operations” and “Finished Product Operations” revenue segments, its only reported revenue segments, both of which contain Bottled Water.
How that part of the business performs
A segment often holds other products too, so this is the revenue of the segments, not of Bottled Water alone. 2 companies did not disclose a revenue segment for Bottled Water.
Cross-Company Taxonomy for Bottled Water — 6 Companies
| Company | Product | Revenue Segment | |||
|---|---|---|---|---|---|
CCEP | Europe | €4.36B? | 76.2% | ↑ 3.4% | |
CCEP | APS | €1.36B? | 23.8% | ↓ 0.4% | |
KDP | U.S. Refreshment Beverages › Liquid Refreshment Beverages | $2.87B? | 39.2% | ↑ 10.7% | |
KDP | KDP International › Liquid Refreshment Beverages Products also in this segment: Carbonated Soft Drinks, Juices and Mixers | $471M? | 6.4% | ↑ 25.9% | |
Concentrate Operations | $8.15B? | 60.9% | ↑ 6.9% | ||
Finished Product Operations | $5.23B? | 39.1% | ↑ 6.4% | ||
MNST | Not disclosed by MNST | ||||
PEP | PepsiCo Beverages North America | $7.71B? | 30.5% | ↑ 5.2% | |
PEP | International Beverage Franchise | $1.40B? | 5.5% | ↑ 8.5% | |
PEP | Europe, Middle East & Africa | $5.41B? | 21.4% | ↑ 7.8% | |
SBUX | Not disclosed by SBUX |
Product: Key Product · Revenue Segment: Key Earnings Driver Key Operating Metric
Combined Segment Metrics: Bottled Water vs Related Products?
Bottled Water+7.2%
| Company | Revenue Segment | Quarter | Segment Revenue | Share | % of Company | Growth |
|---|---|---|---|---|---|---|
| PEPPepsiCo Beverages North America International Beverage Franchise Europe, Middle East & Africa | PepsiCo Beverages North America International Beverage Franchise Europe, Middle East & Africa | Q3 FY2026 | $14.52B | 46.5% | 57.5% | +6.5% |
| KOConcentrate Operations Finished Product Operations | Concentrate Operations Finished Product Operations | Q2 FY2026 | $13.38B | 42.8% | 100.0% | +6.7% |
| KDPU.S. Refreshment Beverages › Liquid Refreshment Beverages KDP International › Liquid Refreshment Beverages | U.S. Refreshment Beverages › Liquid Refreshment Beverages KDP International › Liquid Refreshment Beverages | Q2 FY2026 | $3.34B | 10.7% | 45.7% | +12.7% |
| CCEPEurope APS | Europe APS | Q2 FY2026 | €5.72B | — | 100.0% | +2.5% |
Juices and Mixers+ Add to results+12.7%
| Company | Revenue Segment | Quarter | Segment Revenue | Share | % of Company | Growth |
|---|---|---|---|---|---|---|
| KDPU.S. Refreshment Beverages › Liquid Refreshment Beverages KDP International › Liquid Refreshment Beverages | U.S. Refreshment Beverages › Liquid Refreshment Beverages KDP International › Liquid Refreshment Beverages | Q2 FY2026 | $3.34B | 100.0% | 45.7% | +12.7% |
| CCEPEurope APS | Europe APS | Q2 FY2026 | €5.72B | — | 100.0% | +2.5% |
Energy Drinks+ Add to results+9.0%
| Company | Revenue Segment | Quarter | Segment Revenue | Share | % of Company | Growth |
|---|---|---|---|---|---|---|
| PEPPepsiCo Beverages North America International Beverage Franchise | PepsiCo Beverages North America International Beverage Franchise | Q3 FY2026 | $9.11B | 62.9% | 36.0% | +5.7% |
| KDPU.S. Refreshment Beverages › Liquid Refreshment Beverages | U.S. Refreshment Beverages › Liquid Refreshment Beverages | Q2 FY2026 | $2.87B | 19.8% | 39.2% | +10.7% |
| MNSTMonster Energy Drinks Strategic Brands | Monster Energy Drinks Strategic Brands | Q2 FY2026 | $2.50B | 17.3% | 98.5% | +20.9% |
| CCEPEurope APS | Europe APS | Q2 FY2026 | €5.72B | — | 100.0% | +2.5% |