PEPSICO INC PEP
Last close
137.63
2026-09-04
Market cap
$187.85B
2026-06-13 share count
52-week range
133.73 - 171.48
Valuation FY2025 figures against the last close
P/S2.0x
P/E22.9x
P/FCF24.5x
EV/EBITDA15.2x
Dividend yield4.1%
Diluted EPS6.00
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $93.92B | $91.85B | $91.47B | $86.39B | $79.47B | $70.37B | $67.16B | $64.66B | $63.52B | $62.80B |
| Cost of revenue | $43.07B | $41.74B | $41.88B | $40.58B | $37.08B | $31.80B | $30.13B | $29.38B | $28.80B | $28.22B |
| Gross profit | $50.86B | $50.11B | $49.59B | $45.82B | $42.40B | $38.58B | $37.03B | $35.28B | $34.73B | $34.58B |
| R&D | $839.0M | $813.0M | $804.0M | $771.0M | $752.0M | $719.0M | $711.0M | $680.0M | $737.0M | $760.0M |
| SG&A | $37.37B | $37.19B | $36.68B | $34.46B | $31.24B | $28.45B | $26.74B | $25.17B | $24.45B | $24.77B |
| Operating income | $11.50B | $12.89B | $11.99B | $11.51B | $11.16B | $10.08B | $10.29B | $10.11B | $10.28B | $9.80B |
| Interest expense | $1.12B | $919.0M | $819.0M | $939.0M | $1.86B | $1.13B | $935.0M | $1.22B | $1.15B | $1.34B |
| Pre-tax income | $10.24B | $11.95B | $11.42B | $10.71B | $9.82B | $9.07B | $9.31B | $9.19B | $9.60B | $8.55B |
| Income tax | $1.95B | $2.32B | $2.26B | $1.73B | $2.14B | $1.89B | $1.96B | $3.37B | $4.69B | $2.17B |
| Net income | $8.24B | $9.58B | $9.07B | $8.91B | $7.62B | $7.12B | $7.31B | $12.52B | $4.86B | $6.33B |
| EPS, basic | 6.02 | 6.97 | 6.59 | 6.45 | 5.51 | 5.14 | 5.23 | 8.84 | 3.40 | 4.39 |
| EPS, diluted | 6.00 | 6.95 | 6.56 | 6.42 | 5.49 | 5.12 | 5.20 | 8.78 | 3.38 | 4.36 |
| Shares, diluted (wtd. avg.) | $1.37B | $1.38B | $1.38B | $1.39B | $1.39B | $1.39B | $1.41B | $1.43B | $1.44B | $1.45B |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $9.16B | $8.51B | $9.76B | $5.10B | $5.71B | $8.25B | $5.57B | $10.77B | $10.66B | $9.17B |
| Short-term investments | $371.0M | $761.0M | $292.0M | $394.0M | $392.0M | $1.37B | $229.0M | $272.0M | $8.90B | $6.97B |
| Inventory | $5.84B | $5.31B | $5.33B | $5.22B | $4.35B | $4.17B | $3.34B | $3.13B | $2.95B | $2.72B |
| Total current assets | $27.95B | $25.83B | $26.95B | $21.54B | $21.78B | $23.00B | $17.64B | $21.89B | $31.03B | $26.45B |
| Property, plant and equipment | $29.91B | $28.01B | $27.04B | $24.29B | $22.41B | $21.37B | $19.30B | $17.59B | $17.24B | $16.59B |
| Goodwill | $18.92B | $17.53B | $17.73B | $18.20B | $18.38B | $18.76B | $15.50B | $14.81B | $14.74B | $14.43B |
| Other intangibles | $500.0M | $1.10B | $1.20B | $1.28B | $1.54B | $1.70B | $1.43B | $1.64B | $1.27B | $1.24B |
| Total assets | $107.40B | $99.47B | $100.50B | $92.19B | $92.38B | $92.92B | $78.55B | $77.65B | $79.80B | $73.49B |
| Accounts payable | $11.70B | $11.00B | $11.63B | $10.73B | $9.83B | $8.85B | $8.01B | $7.21B | $6.73B | $6.16B |
| Short-term debt | $6.86B | $7.08B | $6.51B | $3.41B | $4.31B | $3.78B | $2.92B | $4.03B | $5.49B | $6.89B |
| Total current liabilities | $32.76B | $31.54B | $31.65B | $26.79B | $26.22B | $23.37B | $20.46B | $22.14B | $20.50B | $21.14B |
| Long-term debt | $42.32B | $37.22B | $37.59B | $35.66B | $36.03B | $40.37B | $29.15B | $28.30B | $33.80B | $30.05B |
| Total liabilities | $86.85B | $81.30B | $81.86B | $74.91B | $76.23B | $79.37B | $63.68B | $63.05B | $68.82B | $62.29B |
| Retained earnings | $72.79B | $72.27B | $70.03B | $67.80B | $65.17B | $63.44B | $61.95B | $59.95B | $52.84B | $52.52B |
| Total equity | $20.41B | $18.04B | $18.64B | $17.27B | $16.15B | $13.55B | $14.87B | $14.60B | $10.98B | $11.20B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $12.09B | $12.51B | $13.44B | $10.81B | $11.62B | $10.61B | $9.65B | $9.41B | $10.03B | $10.66B |
| Depreciation and amortisation | $3.45B | $3.16B | $2.95B | $2.76B | $2.71B | $2.55B | $2.43B | $2.40B | $2.37B | $2.37B |
| Stock-based compensation | $288.0M | $362.0M | $380.0M | $343.0M | $301.0M | $264.0M | $237.0M | $256.0M | $292.0M | $284.0M |
| Capital expenditure | $4.42B | $5.32B | $5.52B | $5.21B | $4.62B | $4.24B | $4.23B | $3.28B | $2.97B | $3.04B |
| Investing cash flow | -$6.88B | -$5.47B | -$5.50B | -$2.43B | -$3.27B | -$11.62B | -$6.44B | $4.56B | -$4.40B | -$7.15B |
| Financing cash flow | -$4.98B | -$7.56B | -$3.01B | -$8.52B | -$10.78B | $3.82B | -$8.49B | -$13.77B | -$4.19B | -$3.21B |
| Dividends paid | $7.64B | $7.23B | $6.68B | $6.17B | $5.82B | $5.51B | $5.30B | $4.93B | $4.47B | $4.23B |
| Buybacks | $1.00B | $1.00B | $1.00B | $1.50B | $106.0M | $2.00B | $3.00B | $2.00B | $2.00B | $3.00B |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000077476-26-000007.
Others in SIC 2080
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| KO | COCA COLA CO | $378.92B | 29.0x | 1.9% |
| KDP | Keurig Dr Pepper Inc. | $44.35B | 21.3x | 8.2% |
| BF-B | BROWN FORMAN CORP | $12.26B | 17.5x | -1.2% |
| PRMB | Primo Brands Corp | $7.97B | 137.5x | 29.3% |
| COCO | Vita Coco Company, Inc. | $3.16B | 46.3x | 18.2% |
| BRCC | BRC Inc. | $1.03B | — | 1.7% |
| WEST | Westrock Coffee Co | $756.6M | — | 39.8% |
| BUDA | BUDA JUICE, INC. | $99.3M | 39.5x | 11.8% |