PEP · Pepsico Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.44B | - | $23.94B | $22.73B | $17.92B | - | $23.32B | $22.50B | $18.25B | - |
| Cost of Revenue | $8.71B | - | $11.11B | $10.30B | $7.93B | - | $10.40B | $9.92B | $8.25B | - |
| Gross Profit | $10.73B | - | $12.82B | $12.42B | $9.99B | - | $12.92B | $12.58B | $10.00B | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $7.52B | - | $9.12B | $8.77B | $7.41B | - | $9.05B | $8.53B | $7.29B | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $742.00M | - | $722.00M | $787.00M | $684.00M | - | - | - | $641.00M | - |
| Operating Income | $3.21B | - | $3.57B | $1.79B | $2.58B | - | $3.87B | $4.05B | $2.72B | - |
| Interest Expense | $301.00M | - | $264.00M | $260.00M | $264.00M | - | $219.00M | $234.00M | $202.00M | - |
| Income Tax | $632.00M | - | $713.00M | $292.00M | $499.00M | - | $749.00M | $776.00M | $520.00M | - |
| Net Income | $2.33B | - | $2.60B | $1.26B | $1.83B | - | $2.93B | $3.08B | $2.04B | - |
| EPS - Basic | $1.70 | - | $1.90 | $0.92 | $1.34 | - | $2.13 | $2.24 | $1.49 | - |
| EPS - Diluted | $1.70 | - | $1.90 | $0.92 | $1.33 | - | $2.13 | $2.23 | $1.48 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $10.47B | $9.16B | $8.13B | $7.63B | $8.27B | $8.51B | $7.31B | $6.35B | $8.05B | $9.71B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $6.21B | $5.84B | $6.09B | $6.49B | $5.66B | $5.31B | $5.64B | $5.89B | $5.57B | $5.33B |
| Accounts Payable | - | $11.70B | - | - | - | $11.00B | - | - | - | $11.63B |
| Current Assets | $30.92B | $27.95B | $28.72B | $28.21B | $26.29B | $25.83B | $26.85B | $25.70B | $26.00B | $26.95B |
| Total Assets | $110.65B | $107.40B | $106.56B | $105.34B | $101.74B | $99.47B | $100.51B | $99.53B | $100.04B | $100.50B |
| Current Liabilities | $34.48B | $32.76B | $31.50B | $36.40B | $31.51B | $31.54B | $30.32B | $31.15B | $30.23B | $31.65B |
| Long-term Debt | - | $42.32B | - | - | - | $37.22B | - | - | - | $37.59B |
| Total Liabilities | $89.11B | $86.85B | $87.02B | $86.79B | $83.21B | $81.30B | $80.91B | $79.95B | $80.85B | $81.86B |
| Stockholders' Equity | $21.38B | $20.41B | $19.39B | $18.42B | $18.39B | $18.04B | $19.45B | $19.45B | $19.05B | $18.50B |
| Retained Earnings | $73.17B | $72.79B | $72.20B | $71.55B | $72.24B | $72.27B | $72.61B | $71.55B | $70.33B | $70.03B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $41.00M | - | - | - | ($973.00M) | - | - | - | ($1.04B) | - |
| Investing Cash Flow | ($477.00M) | - | - | - | ($1.23B) | - | - | - | ($562.00M) | - |
| Financing Cash Flow | $1.66B | - | - | - | $1.77B | - | - | - | $10.00M | - |
| CapEx | $447.00M | - | $1.15B | $904.00M | $603.00M | - | - | - | $614.00M | - |
| Free Cash Flow | ($406.00M) | - | - | - | ($1.58B) | - | - | - | ($1.66B) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 55.2% | - | 53.6% | 54.7% | 55.8% | - | 55.4% | 55.9% | 54.8% | - |
| Operating margin | 16.5% | - | 14.9% | 7.9% | 14.4% | - | 16.6% | 18.0% | 14.9% | - |
| EBITDA margin | 20.3% | - | 17.9% | 11.3% | 18.2% | - | - | - | 18.4% | - |
| Net margin | 12.0% | - | 10.9% | 5.6% | 10.2% | - | 12.6% | 13.7% | 11.2% | - |
| Free cash flow margin | -2.1% | - | - | - | -8.8% | - | - | - | -9.1% | - |
| FCF / Net income | -0.17 | - | - | - | -0.86 | - | - | - | -0.81 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 38.7% | - | 38.1% | 38.6% | 41.4% | - | 38.8% | 37.9% | 39.9% | - |
| Effective tax rate | 21.4% | - | 21.5% | 18.8% | 21.4% | - | 20.4% | 20.1% | 20.3% | - |
| Return on assets | 2.1% | - | 2.4% | 1.2% | 1.8% | - | 2.9% | 3.1% | 2.0% | - |
| Return on equity | 10.9% | - | 13.4% | 6.9% | 10.0% | - | 15.1% | 15.9% | 10.7% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.90 | 0.85 | 0.91 | 0.78 | 0.83 | 0.82 | 0.89 | 0.83 | 0.86 | 0.85 |
| Quick ratio | 0.72 | 0.67 | 0.72 | 0.60 | 0.65 | 0.65 | 0.70 | 0.64 | 0.68 | 0.68 |
| Cash ratio | 0.30 | 0.28 | 0.26 | 0.21 | 0.26 | 0.27 | 0.24 | 0.20 | 0.27 | 0.31 |
| Leverage | ||||||||||
| Debt / Equity | - | 2.07 | - | - | - | 2.06 | - | - | - | 2.03 |
| Debt / Assets | - | 0.39 | - | - | - | 0.37 | - | - | - | 0.37 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 10.7x | - | 13.5x | 6.9x | 9.8x | - | 17.7x | 17.3x | 13.5x | - |
| Equity multiplier | 5.17 | 5.26 | 5.50 | 5.72 | 5.53 | 5.51 | 5.17 | 5.12 | 5.25 | 5.43 |
| Liabilities / Assets | 0.81 | 0.81 | 0.82 | 0.82 | 0.82 | 0.82 | 0.80 | 0.80 | 0.81 | 0.81 |
| Efficiency | ||||||||||
| Asset turnover | 0.18 | - | 0.22 | 0.22 | 0.18 | - | 0.23 | 0.23 | 0.18 | - |
| Inventory turnover | 1.40 | - | 1.82 | 1.59 | 1.40 | - | 1.84 | 1.68 | 1.48 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 260d | - | 200d | 230d | 261d | - | 198d | 217d | 246d | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 88.3x | - | 77.0x | 142.2x | 109.4x | - | 83.3x | 73.5x | 116.2x | - |
| P / B | 9.6x | - | 10.4x | 9.8x | 10.9x | - | 12.6x | 11.6x | 12.5x | - |
| P / S | 10.6x | - | 8.4x | 7.9x | 11.2x | - | 10.5x | 10.0x | 13.0x | - |
| EV / EBITDA | 49.4x | - | 44.9x | 66.8x | 58.7x | - | - | - | 68.3x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 8.5% | - | 2.7% | 1.0% | -1.8% | - | -0.6% | 0.8% | 2.3% | - |
| Revenue CAGR (3y) | 2.9% | - | 2.9% | 4.0% | 3.4% | - | 4.9% | 5.4% | 7.2% | - |
| Revenue CAGR (5y) | 5.6% | - | 5.8% | 7.3% | 5.2% | - | 6.3% | 6.5% | 7.8% | - |
| Gross profit growth (YoY) | 7.4% | - | -0.8% | -1.3% | -0.1% | - | 1.1% | 3.1% | 1.5% | - |
| Operating income growth (YoY) | 24.4% | - | -7.8% | -55.8% | -4.9% | - | -3.6% | 10.6% | 3.3% | - |
| Net income growth (YoY) | 26.9% | - | -11.2% | -59.0% | -10.2% | - | -5.2% | 12.2% | 5.7% | - |
| EPS growth (YoY) | 27.8% | - | -10.8% | -58.7% | -10.1% | - | -4.9% | 12.1% | 5.7% | - |
| EPS CAGR (3y) | 6.7% | - | -0.9% | -3.7% | -24.3% | - | 10.0% | 9.5% | 6.1% | - |
| EPS CAGR (5y) | 6.5% | - | 2.9% | -4.9% | 6.7% | - | 7.4% | 9.1% | 8.2% | - |
| FCF growth (YoY) | 74.2% | - | - | - | 4.8% | - | - | - | -70.1% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 16.3% | 13.1% | -0.3% | -5.3% | -3.5% | -2.5% | 3.4% | 10.0% | 11.8% | 7.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-27.
Business segments
$93.92B totalPepsi Co Beverages North America$28.20B · 30.0%
Pepsi Co Foods North America$27.53B · 29.3%
Europe Middle East Africa Segment$18.02B · 19.2%
Latin America Foods Segment$10.55B · 11.2%
International Beverage Franchise$5.00B · 5.3%
Asia Pacific Foods Segment$4.63B · 4.9%
Geographic
$93.92B totalUS$52.23B · 55.6%
All Other Countries$17.94B · 19.1%
MX$6.95B · 7.4%
RU$4.77B · 5.1%
CA$3.73B · 4.0%
CN$2.62B · 2.8%
GB$2.14B · 2.3%
BR$1.78B · 1.9%
ZA$1.77B · 1.9%
Peer comparison
Same SIC group: Beverages
Comparing PEPSICO INC against the 5 most active filers in the same SIC group.
Dividends
$5.69/share trailing 12 months · +5.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 6, 2026 | $1.4230 |
| Dec 5, 2025 | $1.4230 |
| Sep 5, 2025 | $1.4230 |
| Jun 6, 2025 | $1.4230 |
| Mar 7, 2025 | $1.3550 |
| Dec 6, 2024 | $1.3550 |
| Sep 6, 2024 | $1.3550 |
| Jun 7, 2024 | $1.3550 |
| Feb 29, 2024 | $1.2650 |
| Nov 30, 2023 | $1.2650 |
| Aug 31, 2023 | $1.2650 |
| Jun 1, 2023 | $1.2650 |
| Mar 2, 2023 | $1.1500 |
| Dec 1, 2022 | $1.1500 |
| Sep 1, 2022 | $1.1500 |
| Jun 2, 2022 | $1.1500 |
| Mar 3, 2022 | $1.0750 |
| Dec 2, 2021 | $1.0750 |
| Sep 2, 2021 | $1.0750 |
| Jun 3, 2021 | $1.0750 |
| Mar 4, 2021 | $1.0230 |
| Dec 3, 2020 | $1.0230 |
| Sep 3, 2020 | $1.0230 |
| Jun 4, 2020 | $1.0230 |