PepsiCo, Inc. (PEP) quarterly balance sheet — complete assets, liabilities & equity history
PepsiCo, Inc. (PEP) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 32.56B | 32.77B | 30.92B | 27.95B | 28.72B | 28.21B | 26.29B | 25.83B | 26.85B | 25.7B | 26B | 26.95B | 28.65B | 24.95B | 22.43B | 21.54B | 23.54B | 22.63B | 22.34B | 21.78B |
| Cash & Short-Term Investments | 11.16B | 10.72B | 10.83B | 9.53B | 8.66B | 7.97B | 8.58B | 9.27B | 8.05B | 6.67B | 8.35B | 10B | 10.28B | 6.45B | 5.2B | 5.35B | 6.74B | 5.69B | 6.9B | 5.99B |
| Cash Only | 10.68B | 10.25B | 10.47B | 9.16B | 8.13B | 7.63B | 8.27B | 8.51B | 7.31B | 6.35B | 8.05B | 9.71B | 10.02B | 6.12B | 4.77B | 4.95B | 6.42B | 5.41B | 6.56B | 5.6B |
| Short-Term Investments | 488M | 465M | 353M | 371M | 535M | 342M | 314M | 761M | 743M | 315M | 303M | 292M | 266M | 338M | 434M | 394M | 327M | 287M | 343M | 392M |
| Accounts Receivable | 13.62B | 13.5B | 12.17B | 11.51B | 12.63B | 12.39B | 10.8B | 10.33B | 12.09B | 11.94B | 10.94B | 10.81B | 11.78B | 11.46B | 10.47B | 10.16B | 10.74B | 10.5B | 9.42B | 8.68B |
| Days Sales Outstanding | 45.07 | 44.58 | 51.15 | 46.07 | 43.91 | 42.86 | 47.76 | 46.4 | 43.28 | 42.71 | 49.47 | 45.84 | 41.62 | 41.25 | 48.56 | 44.42 | 40.6 | 41.37 | 43.58 | 42.59 |
| Inventory | 6.43B | 6.73B | 6.21B | 5.84B | 6.09B | 6.49B | 5.66B | 5.31B | 5.64B | 5.89B | 5.57B | 5.33B | 5.56B | 5.97B | 5.7B | 5.22B | 5.02B | 5.29B | 4.76B | 4.35B |
| Days Inventory Outstanding | 48.01 | 49.11 | 58.12 | 48.72 | 47.54 | 49.51 | 56.03 | 47.77 | 46.59 | 48.51 | 54.86 | 46.99 | 45.35 | 48.41 | 57.41 | 45.41 | 41.99 | 44.83 | 47.79 | 42.37 |
| Other Current Assets | 1.34B | 0 | 1.71B | 1.07B | 1.33B | 1.36B | 1.25B | 921M | 1.07B | 1.21B | 1.15B | 798M | 1.03B | 1.07B | 1.06B | 0 | 0 | 0 | 0 | 1.79B |
| Total Non-Current Assets | 79.42B | 79.42B | 79.73B | 79.45B | 77.84B | 77.14B | 75.45B | 73.64B | 73.66B | 73.83B | 74.03B | 73.55B | 71.3B | 70.95B | 70.61B | 70.65B | 70.92B | 70.47B | 70.62B | 70.59B |
| Property, Plant & Equipment | 29.73B | 29.77B | 61.48B | 33.65B | 29.05B | 28.8B | 28.21B | 31.39B | 27.19B | 27.04B | 26.79B | 29.94B | 24.85B | 24.5B | 24.23B | 26.66B | 22.8B | 22.69B | 22.02B | 24.43B |
| Fixed Asset Turnover | 0.85x | 0.53x | 0.41x | 0.94x | 0.83x | 0.80x | 0.60x | 0.95x | 0.86x | 0.84x | 0.64x | 1.02x | 0.95x | 0.92x | 0.70x | 1.13x | 0.97x | 0.90x | 0.70x | 1.11x |
| Goodwill | 18.88B | 19.09B | 19.02B | 18.92B | 18.84B | 18.95B | 18.36B | 17.53B | 17.71B | 17.65B | 17.65B | 17.73B | 17.89B | 18B | 18.09B | 18.2B | 18.39B | 18.55B | 18.11B | 18.38B |
| Intangible Assets | 15.14B | 1.19B | 1.21B | 15.07B | 14.85B | 15.52B | 15.36B | 14.8B | 14.86B | 14.83B | 14.85B | 14.93B | 15.5B | 15.56B | 15.52B | 15.59B | 17.15B | 17.09B | 18.1B | 18.66B |
| Long-Term Investments | 2.21B | 2.18B | 2.13B | 4.56B | 2.08B | 2.06B | 2B | 3.33B | 2.65B | 2.67B | 2.73B | 4.33B | 2.96B | 3.04B | 3.12B | 3.89B | 3.22B | 3.52B | 3.6B | 2.63B |
| Other Non-Current Assets | 9.12B | 22.73B | -8.67B | 2.71B | 8.66B | 7.51B | 7.16B | 2.22B | 6.94B | 7.17B | 7.57B | 2.14B | 5.94B | 5.67B | 5.44B | 2.11B | 5.03B | 4.27B | 4.5B | 2.18B |
| Total Assets | 111.98B | 112.19B | 110.65B | 107.4B | 106.56B | 105.34B | 101.74B | 99.47B | 100.51B | 99.53B | 100.04B | 100.5B | 99.95B | 95.91B | 93.04B | 92.19B | 94.46B | 93.1B | 92.96B | 92.38B |
| Asset Turnover | 0.23x | 0.22x | 0.18x | 0.27x | 0.23x | 0.22x | 0.18x | 0.28x | 0.23x | 0.23x | 0.18x | 0.28x | 0.24x | 0.24x | 0.19x | 0.30x | 0.23x | 0.22x | 0.17x | 0.27x |
| Asset Growth % | 5.08% | 6.5% | 8.76% | 7.97% | 6.01% | 5.84% | 1.7% | -1.02% | 0.56% | 3.78% | 7.52% | 9.01% | 5.81% | 3.01% | 0.09% | -0.21% | 1.29% | 0.78% | 1.91% | -0.58% |
| Total Current Liabilities | 34.53B | 35.11B | 34.48B | 32.76B | 31.5B | 36.4B | 31.51B | 31.54B | 30.32B | 31.15B | 30.23B | 31.65B | 32.66B | 29.62B | 25.84B | 26.79B | 25.65B | 27.22B | 25.82B | 26.22B |
| Accounts Payable | 25.31B | 24.5B | 24.33B | 11.7B | 24.76B | 24.34B | 22.41B | 11B | 23.79B | 22.86B | 22.07B | 11.63B | 23.72B | 22B | 21.56B | 10.73B | 22.54B | 21.19B | 20.36B | 9.83B |
| Days Payables Outstanding | 181.6 | 185.26 | 173.7 | 148.81 | 185.58 | 190.57 | 170.71 | 151.76 | 188.47 | 190.26 | 169.6 | 152.53 | 179.91 | 180.77 | 169.77 | 147.54 | 178.2 | 185.38 | 158.45 | 145.4 |
| Short-Term Debt | 9.22B | 10.6B | 10.15B | 6.86B | 6.74B | 12.06B | 9.1B | 7.08B | 6.52B | 8.29B | 8.16B | 6.51B | 8.94B | 7.61B | 4.28B | 3.41B | 3.11B | 6.03B | 5.46B | 4.31B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 8B | 0 | 0 | 0 | 7.47B | 0 | 0 | 0 | 7.66B | 0 | 0 | 0 | 6.91B | 0 | 0 | 0 | 7.04B |
| Current Ratio | 0.94x | 0.93x | 0.90x | 0.85x | 0.91x | 0.78x | 0.83x | 0.82x | 0.89x | 0.83x | 0.86x | 0.85x | 0.88x | 0.84x | 0.87x | 0.80x | 0.92x | 0.83x | 0.87x | 0.83x |
| Quick Ratio | 0.76x | 0.74x | 0.72x | 0.67x | 0.72x | 0.60x | 0.65x | 0.65x | 0.70x | 0.64x | 0.68x | 0.68x | 0.71x | 0.64x | 0.65x | 0.61x | 0.72x | 0.64x | 0.68x | 0.66x |
| Cash Conversion Cycle | -88.52 | -91.57 | -64.43 | -54.03 | -94.13 | -98.2 | -66.91 | -57.59 | -98.6 | -99.04 | -65.28 | -59.7 | -92.95 | -91.1 | -63.8 | -57.71 | -95.61 | -99.18 | -67.07 | -60.45 |
| Total Non-Current Liabilities | 54.96B | 54.81B | 54.63B | 54.09B | 55.52B | 50.39B | 51.7B | 49.76B | 50.59B | 48.8B | 50.62B | 50.21B | 48.32B | 48.46B | 50.03B | 48.13B | 49.67B | 47.21B | 48.82B | 50.01B |
| Long-Term Debt | 42.66B | 42.61B | 42.58B | 42.32B | 44.11B | 39.33B | 39.42B | 37.22B | 38.49B | 36.64B | 37.71B | 37.59B | 35.84B | 36.01B | 37.49B | 35.66B | 36.14B | 33.25B | 34.59B | 36.03B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 4.11B | 4.05B | 4.05B | 3.8B | 3.47B | 3.1B | 3.54B | 3.48B | 3.68B | 3.91B | 4.09B | 3.9B | 4.05B | 4.11B | 4.04B | 4.13B | 4.72B | 4.84B | 5.07B | 4.83B |
| Other Non-Current Liabilities | 8.2B | 8.15B | 8.01B | 7.96B | 7.93B | 7.96B | 8.74B | 9.05B | 8.42B | 8.26B | 8.82B | 8.72B | 8.44B | 8.34B | 8.51B | 8.34B | 8.81B | 9.12B | 9.16B | 9.15B |
| Total Liabilities | 89.49B | 89.92B | 89.11B | 86.85B | 87.02B | 86.79B | 83.21B | 81.3B | 80.91B | 79.95B | 80.85B | 81.86B | 80.98B | 78.08B | 75.87B | 74.91B | 75.33B | 74.43B | 74.64B | 76.23B |
| Total Debt | 51.88B | 53.21B | 52.73B | 49.9B | 50.85B | 51.38B | 48.52B | 44.95B | 45.01B | 44.93B | 45.87B | 44.66B | 44.77B | 43.62B | 41.77B | 39.55B | 39.24B | 39.28B | 40.05B | 40.78B |
| Net Debt | 41.21B | 42.96B | 42.25B | 40.74B | 42.72B | 43.75B | 40.25B | 36.44B | 37.71B | 38.57B | 37.82B | 34.95B | 34.76B | 37.51B | 37B | 34.6B | 32.83B | 33.87B | 33.49B | 35.18B |
| Debt / Equity | 2.31x | 2.39x | 2.45x | 2.43x | 2.60x | 2.77x | 2.62x | 2.47x | 2.30x | 2.29x | 2.39x | 2.40x | 2.36x | 2.45x | 2.43x | 2.29x | 2.05x | 2.10x | 2.19x | 2.52x |
| Debt / EBITDA | 9.72x | 10.42x | 12.81x | 10.12x | 10.82x | 11.11x | 14.22x | 12.81x | 9.43x | 9.10x | 13.16x | 15.70x | 9.22x | 9.76x | 12.52x | 20.87x | 9.49x | 13.85x | 6.76x | 10.42x |
| Net Debt / EBITDA | 7.72x | 8.42x | 10.26x | 8.26x | 9.09x | 9.46x | 11.80x | 10.39x | 7.90x | 7.81x | 10.85x | 12.29x | 7.16x | 8.39x | 11.09x | 18.26x | 7.94x | 11.94x | 5.65x | 8.99x |
| Interest Coverage | 17.35x | 1.77x | 10.87x | 10.01x | 13.62x | 7.04x | 9.87x | 7.85x | 17.87x | 17.54x | 13.74x | 8.06x | 20.28x | 18.50x | 13.45x | 2.85x | 17.84x | 8.79x | 22.50x | 2.40x |
| Total Equity | 22.49B | 22.27B | 21.54B | 20.55B | 19.54B | 18.56B | 18.53B | 18.17B | 19.61B | 19.58B | 19.19B | 18.64B | 18.97B | 17.82B | 17.18B | 17.27B | 19.14B | 18.67B | 18.32B | 16.15B |
| Equity Growth % | 15.06% | 20% | 16.23% | 13.08% | -0.32% | -5.21% | -3.44% | -2.5% | 3.35% | 9.85% | 11.73% | 7.9% | -0.86% | -4.55% | -6.25% | 6.95% | 19.67% | 21.28% | 30.36% | 19.18% |
| Book Value per Share | 16.45 | 16.27 | 15.71 | 14.99 | 14.24 | 13.51 | 13.47 | 13.19 | 14.23 | 14.20 | 13.91 | 13.50 | 13.72 | 12.88 | 12.41 | 12.47 | 13.80 | 13.44 | 13.17 | 11.62 |
| Total Shareholders' Equity | 22.29B | 22.1B | 21.38B | 20.41B | 19.39B | 18.42B | 18.39B | 18.04B | 19.45B | 19.45B | 19.05B | 18.5B | 18.81B | 17.68B | 17.04B | 17.15B | 18.98B | 18.55B | 18.2B | 16.04B |
| Common Stock | 23M | 23M | 23M | 23M | 23M | 23M | 23M | 23M | 23M | 23M | 23M | 23M | 23M | 23M | 23M | 23M | 23M | 23M | 23M | 23M |
| Retained Earnings | 75.14B | 74.12B | 73.17B | 72.79B | 72.2B | 71.55B | 72.24B | 72.27B | 72.61B | 71.55B | 70.33B | 70.03B | 70.48B | 69.14B | 68.14B | 67.8B | 68.87B | 67.76B | 67.93B | 65.17B |
| Treasury Stock | -42.41B | -42.15B | -41.86B | -41.83B | -41.61B | -41.36B | -41.07B | -41.02B | -40.81B | -40.54B | -40.26B | -40.28B | -40.06B | -39.77B | -39.52B | -39.51B | -39.21B | -38.79B | -38.3B | -38.25B |
| Accumulated OCI | -14.99B | -14.34B | -14.34B | -15.02B | -15.6B | -16.09B | -17.08B | -17.61B | -16.65B | -15.79B | -15.18B | -15.53B | -15.79B | -15.78B | -15.6B | -15.3B | -14.74B | -14.42B | -15.34B | -14.9B |
| Minority Interest | 195M | 172M | 153M | 141M | 155M | 141M | 140M | 130M | 152M | 134M | 143M | 134M | 164M | 140M | 133M | 124M | 158M | 121M | 118M | 108M |