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PepsiCo, Inc.(PEP)Earnings, Financials & Key Ratios
PEP•NASDAQ
$155.04
$211.89B mkt cap·25.8× P/E·Price updated May 6, 2026
AboutPepsiCo, Inc. manufactures, markets, distributes, and sells various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region. It provides dips, cheese-flavored snacks, and spreads, as well as corn, potato, and tortilla chips; cereals, rice, pasta, mixes and syrups, granola bars, grits, oatmeal, rice cakes, simply granola, and side dishes; beverage concentrates, fountain syrups, and finished goods; ready-to-drink tea, coffee, and juices; dairy products; and sparkling water makers and related products. It serves wholesale and other distributors, foodservice customers, grocery stores, drug stores, convenience stores, discount/dollar stores, mass merchandisers, membership stores, hard discounters, e-commerce retailers and authorized independent bottlers, and others through a network of direct-store-delivery, customer warehouse, and distributor networks, as well as directly to consumers through e-commerce platforms and retailers. The company was founded in 1898 and is headquartered in Purchase, New York.Show more
- Revenue$93.92B+2.3%
- EBITDA$14.3B-14.4%
- Net Income$8.24B-14.0%
- EPS (Diluted)6.00-13.7%
- Gross Margin54.15%-0.7%
- EBITDA Margin15.23%-16.3%
- Operating Margin12.24%-12.7%
- Net Margin8.77%-15.9%
- ROE42.56%-18.2%
- ROIC14.88%-16.7%
- Debt/Equity2.43-1.8%
- Interest Coverage10.26-26.9%
PEP Key Insights
PepsiCo, Inc. (PEP) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Dividend Aristocrat: 25 years of consecutive increases
- ✓Excellent 3Y average ROE of 48.4%
- ✓High quality earnings: Operating CF exceeds net income
- ✓Healthy dividend yield of 3.6%
✗Weaknesses
- ✗High debt to equity ratio of 2.4x
- ✗Expensive at 10.3x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
PEP Price & Volume
PepsiCo, Inc. (PEP) stock price & volume — 10-year historical chart
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PEP Growth Metrics
PepsiCo, Inc. (PEP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years4.07%
5 Years5.94%
3 Years2.83%
TTM2.25%
Profit CAGR
10 Years4.22%
5 Years2.96%
3 Years-2.57%
TTM-13.97%
EPS CAGR
10 Years5.04%
5 Years3.26%
3 Years-2.23%
TTM-13.67%
Return on Capital
10 Years17.55%
5 Years17.36%
3 Years17.61%
Last Year16.13%
PEP Recent Earnings
PepsiCo, Inc. (PEP) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
Apr 16, 2026EPS
$1.61
Est $1.54
+4.5%
Revenue
$19.4B
Est $18.9B
+2.6%
Q1 2026
Feb 3, 2026EPS
$2.26
Est $2.24
+0.9%
Revenue
$29.3B
Est $29.0B
+1.3%
Q4 2025
Oct 9, 2025EPS
$2.29
Est $2.26
+1.3%
Revenue
$23.9B
Est $23.8B
+0.4%
Q3 2025
Jul 17, 2025EPS
$2.12
Est $2.03
+4.4%
Revenue
$22.7B
Est $22.3B
+2.0%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 16, 2026 | $1.61vs $1.54+4.5% | $19.4Bvs $18.9B+2.6% |
| Q1 2026 | Feb 3, 2026 | $2.26vs $2.24+0.9% | $29.3Bvs $29.0B+1.3% |
| Q4 2025 | Oct 9, 2025 | $2.29vs $2.26+1.3% | $23.9Bvs $23.8B+0.4% |
| Q3 2025 | Jul 17, 2025 | $2.12vs $2.03+4.4% | $22.7Bvs $22.3B+2.0% |
Based on last 12 quarters of dataView full earnings history →
PEP Peer Comparison
PepsiCo, Inc. (PEP) competitors in Global Soft Drink Brand Owners — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 KO | 337.79B | 78.48 | 25.82 | 1.87% | 27.8% | 41.06% | 1.57% | 1.33 |
 MDLZ | 78.76B | 61.36 | 32.47 | 5.75% | 6.65% | 10.03% | 4.11% | 0.87 |
 GIS | 18.44B | 34.55 | 8.43 | -1.87% | 12.05% | 23.67% | 12.44% | 1.66 |
 CPB | 6.23B | 20.91 | 10.40 | 6.4% | 5.48% | 13.98% | 11.31% | 1.85 |
 CAG | 6.7B | 14.00 | 5.81 | 0.12% | 0.16% | 19.45% | 0.93 | |
 HRL | 11.51B | 20.93 | 24.06 | 1.55% | 4.03% | 4.3% | 4.64% | 0.36 |
 SJM | 10.29B | 96.69 | -8.36 | 6.69% | -14.07% | -23.98% | 7.94% | 1.28 |
 KDP | 39.29B | 28.92 | 18.90 | 8.16% | 10.81% | 6.98% | 3.83% | 0.63 |
Compare PEP vs Peers
PepsiCo, Inc. (PEP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PEP Income Statement
PepsiCo, Inc. (PEP) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 63.52B | 64.66B | 67.16B | 70.37B | 79.47B | 86.39B | 91.47B | 91.85B | 93.92B |
| Revenue Growth % | 1.16% | 1.79% | 3.87% | 4.78% | 12.93% | 8.7% | 5.88% | 0.42% | 2.25% |
| Cost of Goods Sold | 28.8B | 29.38B | 30.13B | 31.8B | 37.08B | 40.58B | 41.88B | 41.74B | 43.07B |
| COGS % of Revenue | 45.33% | 45.44% | 44.87% | 45.18% | 46.65% | 46.97% | 45.79% | 45.45% | 45.85% |
| Gross Profit | 34.73B▲ 0% | 35.28B▲ 1.6% | 37.03B▲ 5.0% | 38.58B▲ 4.2% | 42.4B▲ 9.9% | 45.82B▲ 8.1% | 49.59B▲ 8.2% | 50.11B▲ 1.0% | 50.86B▲ 1.5% |
| Gross Margin % | 54.67% | 54.56% | 55.13% | 54.82% | 53.35% | 53.03% | 54.21% | 54.55% | 54.15% |
| Gross Profit Growth % | 0.44% | 1.59% | 4.96% | 4.18% | 9.91% | 8.06% | 8.24% | 1.05% | 1.49% |
| Operating Expenses | 24.45B | 25.17B | 26.74B | 28.5B | 31.24B | 34.3B | 37.6B | 37.22B | 39.36B |
| OpEx % of Revenue | 38.49% | 38.93% | 39.81% | 40.49% | 39.3% | 39.71% | 41.11% | 40.52% | 41.91% |
| Selling, General & Admin | 24.45B | 25.17B | 26.74B | 28.45B | 31.24B | 34.46B | 36.68B | 37.19B | 37.37B |
| SG&A % of Revenue | 38.49% | 38.93% | 39.81% | 40.43% | 39.3% | 39.89% | 40.1% | 40.49% | 39.78% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 42M | 0 | -155M | 927M | 33M | 1.99B |
| Operating Income | 10.28B▲ 0% | 10.11B▼ 1.6% | 10.29B▲ 1.8% | 10.08B▼ 2.1% | 11.16B▲ 10.7% | 11.51B▲ 3.1% | 11.99B▲ 4.1% | 12.89B▲ 7.5% | 11.5B▼ 10.8% |
| Operating Margin % | 16.18% | 15.64% | 15.32% | 14.32% | 14.04% | 13.33% | 13.1% | 14.03% | 12.24% |
| Operating Income Growth % | 4.81% | -1.62% | 1.79% | -2.05% | 10.73% | 3.14% | 4.12% | 7.52% | -10.78% |
| EBITDA | 12.64B | 12.51B | 13.13B | 13.11B | 14.38B | 14.79B | 15.5B | 16.7B | 14.3B |
| EBITDA Margin % | 19.91% | 19.35% | 19.56% | 18.62% | 18.09% | 17.12% | 16.95% | 18.18% | 15.23% |
| EBITDA Growth % | 3.89% | -1.08% | 5% | -0.22% | 9.7% | 2.89% | 4.81% | 7.73% | -14.37% |
| D&A (Non-Cash Add-back) | 2.37B | 2.4B | 2.84B | 3.03B | 3.21B | 3.28B | 3.52B | 3.81B | 2.8B |
| EBIT | 10.75B | 10.41B | 10.25B | 10.2B | 11.68B | 11.64B | 12.24B | 12.87B | 11.59B |
| Net Interest Income | -907M | -1.22B | -935M | -1.13B | -1.86B | -939M | -819M | -919M | -1.12B |
| Interest Income | 244M | 306M | 200M | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 1.15B | 1.22B | 935M | 1.13B | 1.86B | 939M | 819M | 919M | 1.12B |
| Other Income/Expense | -674M | -921M | -979M | -1.01B | -1.34B | -807M | -569M | -941M | -1.25B |
| Pretax Income | 9.6B▲ 0% | 9.19B▼ 4.3% | 9.31B▲ 1.3% | 9.07B▼ 2.6% | 9.82B▲ 8.3% | 10.71B▲ 9.0% | 11.42B▲ 6.7% | 11.95B▲ 4.6% | 10.24B▼ 14.2% |
| Pretax Margin % | 15.12% | 14.21% | 13.87% | 12.89% | 12.36% | 12.39% | 12.48% | 13.01% | 10.91% |
| Income Tax | 4.69B | -3.37B | 1.96B | 1.89B | 2.14B | 1.73B | 2.26B | 2.32B | 1.96B |
| Effective Tax Rate % | 48.89% | -36.67% | 21.04% | 20.88% | 21.81% | 16.13% | 19.81% | 19.42% | 19.17% |
| Net Income | 4.86B▲ 0% | 12.52B▲ 157.7% | 7.31B▼ 41.6% | 7.12B▼ 2.7% | 7.62B▲ 7.0% | 8.91B▲ 17.0% | 9.07B▲ 1.8% | 9.58B▲ 5.6% | 8.24B▼ 14.0% |
| Net Margin % | 7.65% | 19.35% | 10.89% | 10.12% | 9.59% | 10.31% | 9.92% | 10.43% | 8.77% |
| Net Income Growth % | -23.26% | 157.67% | -41.56% | -2.65% | 6.99% | 16.96% | 1.84% | 5.55% | -13.97% |
| Net Income (Continuing) | 4.91B | 12.56B | 7.35B | 7.17B | 7.68B | 8.98B | 9.15B | 9.63B | 8.28B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 92M | 84M | 82M | 98M | 108M | 124M | 134M | 130M | 141M |
| EPS (Diluted) | 3.38▲ 0% | 8.78▲ 159.8% | 5.20▼ 40.8% | 5.11▼ 1.7% | 5.48▲ 7.2% | 6.42▲ 17.2% | 6.56▲ 2.2% | 6.95▲ 5.9% | 6.00▼ 13.7% |
| EPS Growth % | -22.48% | 159.76% | -40.77% | -1.73% | 7.24% | 17.15% | 2.18% | 5.95% | -13.67% |
| EPS (Basic) | 3.42 | 8.84 | 5.23 | 5.14 | 5.51 | 6.46 | 6.59 | 6.98 | 6.01 |
| Diluted Shares Outstanding | 1.44B | 1.43B | 1.41B | 1.39B | 1.39B | 1.39B | 1.38B | 1.38B | 1.37B |
| Basic Shares Outstanding | 1.42B | 1.42B | 1.4B | 1.39B | 1.38B | 1.38B | 1.38B | 1.37B | 1.37B |
| Dividend Payout Ratio | 92.07% | 39.39% | 72.52% | 77.37% | 76.33% | 69.27% | 73.64% | 75.48% | 92.69% |
PEP Balance Sheet
PepsiCo, Inc. (PEP) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 31.03B | 21.89B | 17.64B | 23B | 21.78B | 21.54B | 26.95B | 25.83B | 27.95B |
| Cash & Short-Term Investments | 19.51B | 8.99B | 5.74B | 9.55B | 5.99B | 5.35B | 10B | 9.27B | 9.53B |
| Cash Only | 10.61B | 8.72B | 5.51B | 8.19B | 5.6B | 4.95B | 9.71B | 8.51B | 9.16B |
| Short-Term Investments | 8.9B | 272M | 229M | 1.37B | 392M | 394M | 292M | 761M | 371M |
| Accounts Receivable | 7.02B | 7.14B | 7.82B | 8.4B | 8.68B | 10.16B | 10.81B | 10.33B | 11.51B |
| Days Sales Outstanding | 40.36 | 40.32 | 42.51 | 43.59 | 39.86 | 42.94 | 43.16 | 41.06 | 44.71 |
| Inventory | 2.95B | 3.13B | 3.34B | 4.17B | 4.35B | 5.22B | 5.33B | 5.31B | 5.84B |
| Days Inventory Outstanding | 37.35 | 38.86 | 40.43 | 47.89 | 42.8 | 46.97 | 46.49 | 46.39 | 49.54 |
| Other Current Assets | 0 | 2B | 0 | 0 | 1.79B | 0 | 798M | 921M | 1.07B |
| Total Non-Current Assets | 48.78B | 55.76B | 60.9B | 69.92B | 70.59B | 70.65B | 73.55B | 73.64B | 79.45B |
| Property, Plant & Equipment | 17.24B | 17.59B | 20.85B | 23.04B | 24.43B | 26.66B | 29.94B | 31.39B | 33.65B |
| Fixed Asset Turnover | 3.68x | 3.68x | 3.22x | 3.05x | 3.25x | 3.24x | 3.05x | 2.93x | 2.79x |
| Goodwill | 14.74B | 14.81B | 15.5B | 18.76B | 18.38B | 18.2B | 17.73B | 17.53B | 18.92B |
| Intangible Assets | 13.84B | 15.82B | 16.04B | 19.32B | 18.66B | 15.59B | 14.93B | 14.8B | 1.22B |
| Long-Term Investments | 2.04B | 2.41B | 2.68B | 2.79B | 2.63B | 3.89B | 4.33B | 3.33B | 4.57B |
| Other Non-Current Assets | 913M | 760M | 1.46B | 1.64B | 2.18B | 2.11B | 2.14B | 2.22B | 16.55B |
| Total Assets | 79.8B▲ 0% | 77.65B▼ 2.7% | 78.55B▲ 1.2% | 92.92B▲ 18.3% | 92.38B▼ 0.6% | 92.19B▼ 0.2% | 100.5B▲ 9.0% | 99.47B▼ 1.0% | 107.4B▲ 8.0% |
| Asset Turnover | 0.80x | 0.83x | 0.86x | 0.76x | 0.86x | 0.94x | 0.91x | 0.92x | 0.87x |
| Asset Growth % | 8.59% | -2.7% | 1.16% | 18.3% | -0.58% | -0.21% | 9.01% | -1.02% | 7.97% |
| Total Current Liabilities | 20.5B | 22.14B | 20.46B | 23.37B | 26.22B | 26.79B | 31.65B | 31.54B | 32.76B |
| Accounts Payable | 6.73B | 7.21B | 8.01B | 8.85B | 9.83B | 10.73B | 11.63B | 11B | 11.7B |
| Days Payables Outstanding | 85.27 | 89.61 | 97.06 | 101.62 | 96.81 | 96.54 | 101.4 | 96.16 | 99.2 |
| Short-Term Debt | 5.49B | 4.03B | 2.92B | 3.78B | 4.31B | 3.41B | 6.51B | 7.08B | 6.86B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 4.74B | 5.03B | 4.97B | 5.91B | 7.04B | 6.91B | 7.66B | 7.47B | 8B |
| Current Ratio | 1.51x | 0.99x | 0.86x | 0.98x | 0.83x | 0.80x | 0.85x | 0.82x | 0.85x |
| Quick Ratio | 1.37x | 0.85x | 0.70x | 0.81x | 0.66x | 0.61x | 0.68x | 0.65x | 0.67x |
| Cash Conversion Cycle | -7.55 | -10.43 | -14.12 | -10.14 | -14.15 | -6.63 | -11.76 | -8.7 | -4.94 |
| Total Non-Current Liabilities | 48.32B | 40.91B | 43.22B | 55.99B | 50.01B | 48.13B | 50.21B | 49.76B | 54.09B |
| Long-Term Debt | 33.8B | 28.3B | 29.15B | 40.37B | 36.03B | 35.66B | 37.59B | 37.22B | 42.32B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 3.24B | 3.5B | 4.09B | 4.28B | 4.83B | 4.13B | 3.9B | 3.48B | 3.8B |
| Other Non-Current Liabilities | 11.28B | 9.11B | 9.98B | 11.34B | 9.15B | 8.34B | 8.72B | 9.05B | 7.96B |
| Total Liabilities | 68.82B | 63.05B | 63.68B | 79.37B | 76.23B | 74.91B | 81.86B | 81.3B | 86.85B |
| Total Debt | 39.28B | 32.32B | 32.51B | 44.61B | 40.78B | 39.55B | 44.66B | 44.95B | 49.9B |
| Net Debt | 28.67B | 23.6B | 27B | 36.42B | 35.18B | 34.6B | 34.95B | 36.44B | 40.74B |
| Debt / Equity | 3.58x | 2.21x | 2.19x | 3.29x | 2.52x | 2.29x | 2.40x | 2.47x | 2.43x |
| Debt / EBITDA | 3.11x | 2.58x | 2.48x | 3.40x | 2.84x | 2.67x | 2.88x | 2.69x | 3.49x |
| Net Debt / EBITDA | 2.27x | 1.89x | 2.06x | 2.78x | 2.45x | 2.34x | 2.25x | 2.18x | 2.85x |
| Interest Coverage | 8.93x | 8.29x | 11.01x | 8.94x | 5.99x | 12.26x | 14.63x | 14.02x | 10.26x |
| Total Equity | 10.98B▲ 0% | 14.6B▲ 33.0% | 14.87B▲ 1.8% | 13.55B▼ 8.9% | 16.15B▲ 19.2% | 17.27B▲ 6.9% | 18.64B▲ 7.9% | 18.17B▼ 2.5% | 20.55B▲ 13.1% |
| Equity Growth % | -1.95% | 32.98% | 1.82% | -8.85% | 19.18% | 6.95% | 7.9% | -2.5% | 13.08% |
| Book Value per Share | 7.64 | 10.25 | 10.57 | 9.74 | 11.63 | 12.45 | 13.48 | 13.19 | 14.99 |
| Total Shareholders' Equity | 10.89B | 14.52B | 14.79B | 13.45B | 16.04B | 17.15B | 18.5B | 18.04B | 20.41B |
| Common Stock | 24M | 23M | 23M | 23M | 23M | 23M | 23M | 23M | 23M |
| Retained Earnings | 52.84B | 59.95B | 61.95B | 63.44B | 65.17B | 67.8B | 70.03B | 72.27B | 72.79B |
| Treasury Stock | -32.76B | -34.29B | -36.77B | -38.45B | -38.25B | -39.51B | -40.28B | -41.02B | -41.83B |
| Accumulated OCI | -13.06B | -15.12B | -14.3B | -15.48B | -14.9B | -15.3B | -15.53B | -17.61B | -15.02B |
| Minority Interest | 92M | 84M | 82M | 98M | 108M | 124M | 134M | 130M | 141M |
PEP Cash Flow Statement
PepsiCo, Inc. (PEP) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 9.99B | 9.41B | 9.65B | 10.61B | 11.62B | 10.81B | 13.44B | 12.51B | 12.09B |
| Operating CF Margin % | 15.73% | 14.56% | 14.37% | 15.08% | 14.62% | 12.51% | 14.7% | 13.62% | 12.87% |
| Operating CF Growth % | -3.94% | -5.79% | 2.49% | 9.99% | 9.45% | -6.93% | 24.34% | -6.96% | -3.36% |
| Net Income | 4.91B | 12.56B | 7.35B | 7.17B | 7.68B | 8.98B | 9.15B | 9.63B | 8.29B |
| Depreciation & Amortization | 2.37B | 2.4B | 2.84B | 3.03B | 3.21B | 3.28B | 3.52B | 3.81B | 4.18B |
| Stock-Based Compensation | 292M | 256M | 237M | 264M | 301M | 343M | 380M | 362M | 288M |
| Deferred Taxes | 3.07B | -4.91B | 445M | 361M | 488M | -787M | -271M | 176M | 71M |
| Other Non-Cash Items | -158M | -1.8B | -751M | 90M | -785M | -115M | 997M | 224M | 900M |
| Working Capital Changes | -487M | 912M | -479M | -303M | 718M | -888M | -337M | -1.7B | -1.65B |
| Change in Receivables | -202M | -253M | -650M | -420M | -651M | -1.76B | -793M | -138M | -580M |
| Change in Inventory | -168M | -174M | -190M | -516M | -582M | -1.14B | -261M | -314M | -150M |
| Change in Payables | 201M | 882M | 735M | 766M | 1.76B | 1.84B | 420M | -1.16B | -677M |
| Cash from Investing | -4.4B | 4.56B | -6.44B | -11.62B | -3.27B | -2.43B | -5.5B | -5.47B | -6.88B |
| Capital Expenditures | -2.97B | -3.28B | -4.23B | -4.24B | -4.63B | -5.21B | -5.52B | -5.32B | -4.42B |
| CapEx % of Revenue | 4.67% | 5.08% | 6.3% | 6.03% | 5.82% | 6.03% | 6.03% | 5.79% | 4.7% |
| Acquisitions | 206M | -991M | -2.46B | -6.37B | 108M | 2.63B | -239M | -90M | -3.39B |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 209M | 136M | -4.07B | 97M | 171M | 262M | 246M | 356M | 428M |
| Cash from Financing | -4.19B | -13.77B | -8.49B | 3.82B | -10.78B | -8.52B | -3.01B | -7.56B | -4.98B |
| Debt Issued (Net) | 2.05B | -6.96B | -355M | 11.29B | -4.13B | -810M | 4.77B | 695M | 3.75B |
| Equity Issued (Net) | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K |
| Dividends Paid | -4.47B | -4.93B | -5.3B | -5.51B | -5.82B | -6.17B | -6.68B | -7.23B | -7.64B |
| Share Repurchases | -2B | -2B | -3B | -2B | -106M | -1.5B | -1B | -1B | -1B |
| Other Financing | 241M | 125M | 170M | 35M | -912M | 66M | 43M | -22M | -186M |
| Net Change in Cash | 1.45B▲ 0% | 112M▼ 92.3% | -5.2B▼ 4742.0% | 2.68B▲ 151.6% | -2.55B▼ 194.9% | -607M▲ 76.2% | 4.66B▲ 867.9% | -1.21B▼ 125.9% | 651M▲ 153.9% |
| Free Cash Flow | 7.03B▲ 0% | 6.13B▼ 12.7% | 5.42B▼ 11.7% | 6.37B▲ 17.6% | 6.99B▲ 9.7% | 5.6B▼ 19.8% | 7.92B▲ 41.4% | 7.19B▼ 9.3% | 7.67B▲ 6.7% |
| FCF Margin % | 11.06% | 9.48% | 8.07% | 9.06% | 8.8% | 6.49% | 8.66% | 7.83% | 8.17% |
| FCF Growth % | -4.6% | -12.7% | -11.67% | 17.65% | 9.7% | -19.84% | 41.4% | -9.28% | 6.72% |
| FCF per Share | 4.89 | 4.30 | 3.85 | 4.58 | 5.03 | 4.04 | 5.73 | 5.22 | 5.60 |
| FCF Conversion (FCF/Net Income) | 2.06x | 0.75x | 1.32x | 1.49x | 1.52x | 1.21x | 1.48x | 1.31x | 1.47x |
| Interest Paid | 1.12B | 1.39B | 1.08B | 1.16B | 1.18B | 1.04B | 1.4B | 1.58B | 1.75B |
| Taxes Paid | 1.96B | 1.2B | 2.23B | 1.77B | 1.93B | 2.77B | 2.53B | 3.06B | 3.09B |
PEP Key Ratios
PepsiCo, Inc. (PEP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 54.49% | 43.8% | 97.84% | 49.64% | 50.11% | 51.29% | 53.31% | 50.54% | 52.04% | 42.56% |
| Return on Invested Capital (ROIC) | 19.55% | 19.6% | 19.48% | 19.28% | 16.46% | 16.53% | 16.73% | 17.05% | 17.87% | 14.88% |
| Gross Margin | 55.06% | 54.67% | 54.56% | 55.13% | 54.82% | 53.35% | 53.03% | 54.21% | 54.55% | 54.15% |
| Net Margin | 10.08% | 7.65% | 19.35% | 10.89% | 10.12% | 9.59% | 10.31% | 9.92% | 10.43% | 8.77% |
| Debt / Equity | 3.30x | 3.58x | 2.21x | 2.19x | 3.29x | 2.52x | 2.29x | 2.40x | 2.47x | 2.43x |
| Interest Coverage | 7.31x | 8.93x | 8.29x | 11.01x | 8.94x | 5.99x | 12.26x | 14.63x | 14.02x | 10.26x |
| FCF Conversion | 1.64x | 2.06x | 0.75x | 1.32x | 1.49x | 1.52x | 1.21x | 1.48x | 1.31x | 1.47x |
| Revenue Growth | -0.41% | 1.16% | 1.79% | 3.87% | 4.78% | 12.93% | 8.7% | 5.88% | 0.42% | 2.25% |
PEP SEC Filings & Documents
PepsiCo, Inc. (PEP) SEC filings — annual & quarterly reports (10-K, 10-Q)
PEP Frequently Asked Questions
PepsiCo, Inc. (PEP) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
PepsiCo, Inc. (PEP) reported $93.92B in revenue for fiscal year 2025. This represents a 362% increase from $20.34B in 1996.
PepsiCo, Inc. (PEP) grew revenue by 2.3% over the past year. Growth has been modest.
Yes, PepsiCo, Inc. (PEP) is profitable, generating $8.24B in net income for fiscal year 2025 (8.8% net margin).
Dividend & Returns
Yes, PepsiCo, Inc. (PEP) pays a dividend with a yield of 3.59%. This makes it attractive for income-focused investors.
PepsiCo, Inc. (PEP) has a return on equity (ROE) of 42.6%. This is excellent, indicating efficient use of shareholder capital.
PepsiCo, Inc. (PEP) generated $7.67B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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