PEP PepsiCo

XNGS Sideways Alert

Consumer Staples

· How we analyze

About the company

PepsiCo is a global beverage and snack maker from the US. Its well-known brands include Pepsi, Lay’s, Doritos, Gatorade and Quaker. The products are sold in a great many countries; a large share of revenue comes from North America. As of Oct 11, 2026

Fact sheet (from the annual report) Beverage makers · Purchase, USA

PepsiCo makes beverages and snacks and sells them in a great many countries and territories. Its brands include Doritos, Cheetos, Gatorade, Mountain Dew and Quaker. The business is divided into snacks and beverages for North America, an international beverages business and regions such as Europe with the Middle East and Africa, Latin America and Asia. Beverage concentrates go to authorized and independent bottlers, which pass finished beverages on to retailers. The goods reach stores through direct store delivery, customer warehouses and distributor networks and are also sold online directly to consumers. Customers are wholesalers, food service, supermarkets, drugstores and discounters, with Walmart accounting for a high share of revenue.

Automatically summarized from SEC annual report (10-K, filed Feb 3, 2026) (website of the US Securities and Exchange Commission) · reviewed Oct 14, 2026

Price performance at a glance

Last 30 trading days
  • Today −1.5%
  • 7 days −0.4%
  • 30 days +3.8%
  • 1 year −12.5%
Day range (last trading day)
−0.7%Price at 45% of the range+0.9%
52-week range
−7.5%Price at 21% of the range+28.4%
Distance from the all-time high
−32.2%

Our own calculation from the exchange’s daily candles, as of Oct 27, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.

Gap with volume · Analysis method

This method currently detects no pattern for PEP. The check runs daily after the close.

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What is this? After strong news, usually earnings, the price opened above the previous day’s high and closed much higher on heavy volume. Such moves often continue for a few more days.

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Symbol on TradingView: NASDAQ:PEP

Fundamental analysis

PepsiCo · Sector Consumer Staples · amounts in USD

Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Feb 3, 2026.

Quality checks

Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.

Fiscal year to Dec 27, 2025

Quality Profitability, consistency, balance sheet 4 of 8 criteria met Growth Revenue and earnings per share 3 of 7 criteria met Dividend Level, consistency, coverage 6 of 7 criteria met Financial strength Piotroski, debt, liquidity 3 of 6 criteria met

Quality 4 of 8 met

  • met: Gross margin above 40% 54.1%
  • not met: Operating margin above 15% 12.2%
  • not met: Net margin above 10% 8.8%
  • met: Return on equity above 15% 40.4%
  • not met: Free cash flow margin above 10% 8.2%
  • met: Profit in each of the last 5 fiscal years 5 of 5
  • met: Free cash flow positive in each of the last 3 fiscal years 3 of 3
  • not met: Equity ratio above 30% 19.0%
Gross margin

54.1% Fiscal year 2025

Rank 57 of 100: higher than 57% of 153 peers (All). medium.

Rank 55 of 100: higher than 55% of 10 peers (Sector). medium.

Median Consumer Staples: 52.2%

Share of revenue left after the direct cost of the products sold.

Operating margin

12.2% Fiscal year 2025

Rank 45 of 100: higher than 45% of 192 peers (All). medium.

Rank 45 of 100: higher than 45% of 10 peers (Sector). medium.

Median Consumer Staples: 14.2%

Operating income divided by revenue: what the core business earns before interest and taxes.

Net margin

8.8% Fiscal year 2025

Rank 36 of 100: higher than 36% of 237 peers (All). medium.

Rank 45 of 100: higher than 45% of 10 peers (Sector). medium.

Median Consumer Staples: 9.6%

Profit after all costs, interest and taxes divided by revenue.

Return on equity

40.4% Fiscal year 2025

Rank 83 of 100: higher than 83% of 218 peers (All). strong.

Rank 79 of 100: higher than 79% of 7 peers (Sector). strong.

Median Consumer Staples: 25.8%

Net income divided by equity at fiscal year end.

Return on assets

7.7% Fiscal year 2025 (total assets at year end)

Rank 61 of 100: higher than 61% of 238 peers (All). medium.

Rank 25 of 100: higher than 25% of 10 peers (Sector). weak.

Median Consumer Staples: 11.4%

Net income divided by total assets at fiscal year end.

Equity ratio

19.0% Fiscal year 2025

Rank 24 of 100: higher than 24% of 239 peers (All). weak.

Rank 35 of 100: higher than 35% of 10 peers (Sector). medium.

Median Consumer Staples: 28.9%

Equity as a share of total assets. Usually low for banks.

Free cash flow margin

8.2% Fiscal year 2025

Rank 36 of 100: higher than 36% of 213 peers (All). medium.

Rank 35 of 100: higher than 35% of 10 peers (Sector). medium.

Median Consumer Staples: 9.7%

Free cash flow divided by revenue.

Free cash flow

7.7B USD Fiscal year 2025

Operating cash flow minus capital expenditure on property and equipment.

Growth 3 of 7 met

  • not met: Over 3 years, revenue grew by more than 5% per year +2.8%
  • met: Over 5 years, revenue grew by more than 5% per year +5.9%
  • not met: Over 10 years, revenue grew by more than 5% per year +4.1%
  • not met: Over 3 years, EPS grew by more than 5% per year −2.2%
  • not met: Over 5 years, EPS grew by more than 5% per year +3.2%
  • met: Revenue rose in at least 4 of the last 5 fiscal years 5 of 5
  • met: Revenue rose in the last fiscal year +2.3%
Revenue growth 3 years

+2.8% per year

Rank 25 of 100: higher than 25% of 230 peers (All). weak.

Rank 35 of 100: higher than 35% of 10 peers (Sector). medium.

Median Consumer Staples: +4.0%

Average growth per year over 3 fiscal years.

Revenue growth 5 years

+5.9% per year

Rank 24 of 100: higher than 24% of 217 peers (All). weak.

Rank 55 of 100: higher than 55% of 10 peers (Sector). medium.

Median Consumer Staples: +5.5%

Average growth per year over 5 fiscal years.

Revenue growth 10 years

+4.1% per year

Rank 31 of 100: higher than 31% of 157 peers (All). weak.

Rank 83 of 100: higher than 83% of 9 peers (Sector). strong.

Median Consumer Staples: +2.9%

Average growth per year over 10 fiscal years.

EPS growth 3 years

−2.2% per year

Rank 21 of 100: higher than 21% of 157 peers (All). weak.

Rank 5 of 100: higher than 5% of 10 peers (Sector). weak.

Median Consumer Staples: +8.3%

Growth of earnings per share per year, adjusted for stock splits.

EPS growth 5 years

+3.2% per year

Rank 17 of 100: higher than 17% of 146 peers (All). weak.

Rank 35 of 100: higher than 35% of 10 peers (Sector). medium.

Median Consumer Staples: +5.4%

Growth of earnings per share per year, adjusted for stock splits.

EPS growth 10 years

+5.0% per year

Rank 28 of 100: higher than 28% of 140 peers (All). weak.

Rank 28 of 100: higher than 28% of 9 peers (Sector). weak.

Median Consumer Staples: +5.6%

Growth of earnings per share per year, adjusted for stock splits.

Dividend 6 of 7 met

  • met: Pays a dividend 5.62 USD
  • not met: Payout ratio at most 60% of earnings 94%
  • met: Dividend paid in each of the last 5 fiscal years 5 of 5
  • met: Dividend per share never lowered in the last 5 fiscal years Dividend per share as filed with the SEC, including special dividends; a one-off higher prior year does not count as a cut. never
  • met: Dividend per share higher than 5 years ago +6.9%
  • met: Free cash flow per share covers the dividend 1.0x
  • met: Dividends paid over the last 5 years covered by free cash flow 95% of free cash flow
Payout ratio

94% Fiscal year 2025

Dividend per share divided by earnings per share.

Dividend growth 5 years

+6.9% per year

Rank 34 of 100: higher than 34% of 118 peers (All). medium.

Rank 72 of 100: higher than 72% of 9 peers (Sector). strong.

Median Consumer Staples: +5.5%

Growth of the dividend per share per year.

Free cash flow coverage

1.0x Fiscal year 2025

Free cash flow per share divided by dividend per share. From 1x the dividend is covered.

Financial strength 3 of 6 met

  • not met: Piotroski F-Score at least 7 of 9 6 of 9
  • not met: Long-term debt no higher than equity 2.27
  • not met: Current assets cover current liabilities 0.85
  • met: Positive equity 20.4B USD
  • met: In 5 years, share count up by at most 5% −1.4%
  • met: Free cash flow positive in the last fiscal year 7.7B USD
Piotroski F-Score

6 of 9 Fiscal year 2025

Rank 45 of 100: higher than 45% of 134 peers (All). medium.

Rank 35 of 100: higher than 35% of 10 peers (Sector). medium.

Median Consumer Staples: 6.5 of 9

Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.

Debt / equity

2.27 at fiscal year end

Rank 9 of 100: lower than 9% of 199 peers (All). weak.

Rank 19 of 100: lower than 19% of 8 peers (Sector). weak.

Median Consumer Staples: 0.80

Long-term financial debt divided by equity.

Liquidity (current ratio)

0.85 at fiscal year end

Rank 13 of 100: higher than 13% of 215 peers (All). weak.

Rank 55 of 100: higher than 55% of 10 peers (Sector). medium.

Median Consumer Staples: 0.84

Current assets divided by current liabilities.

Change in share count

−1.4% in 5 years

Rank 48 of 100: lower than 48% of 199 peers (All). medium.

Rank 35 of 100: lower than 35% of 10 peers (Sector). medium.

Median Consumer Staples: −5.8%

Change in diluted share count. Negative = share buybacks, positive = new shares.

The 9 criteria of the Piotroski F-Score
  • met: Profit in the last fiscal year (positive return on assets)
  • met: Positive operating cash flow
  • not met: Return on assets higher than the prior year
  • met: Operating cash flow higher than net income
  • not met: Long-term debt relative to total assets fell
  • met: Liquidity (current assets / current liabilities) rose
  • met: No additional shares (diluted share count did not rise)
  • not met: Gross margin higher than the prior year
  • met: Revenue relative to total assets higher than the prior year

Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.

Price-based criteria (P/E, dividend yield) are shown to signed-in users.

Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.

In short

  • Light green: Revenue grew over 5 years (+5.9% per year), at least as fast as the sector median.
  • Light green: Net income (total) grew over 5 years (+3.0% per year), at least as fast as the sector median; per share +3.2% per year.
  • Light green: Net margin 8.8%, above the sector median (6.6%).
  • Light red: Debt much higher than usual in the sector.
  • Light green: Profit in each of the last 10 fiscal years.
  • Light yellow: High payout ratio (94% of earnings).

Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.

RevenueNet income Net margin (below) in USD
  1. Fiscal year 2016 (Dec 27, 2015 – Dec 31, 2016): Revenue 62.8B USD · Net income 6.3B USD · Net margin 10.1%
  2. Fiscal year 2017 (Jan 1, 2017 – Dec 30, 2017): Revenue 63.5B USD · Net income 4.9B USD · Net margin 7.6%
  3. Fiscal year 2018 (Dec 31, 2017 – Dec 29, 2018): Revenue 64.7B USD · Net income 12.5B USD · Net margin 19.4%
  4. Fiscal year 2019 (Dec 30, 2018 – Dec 28, 2019): Revenue 67.2B USD · Net income 7.3B USD · Net margin 10.9%
  5. Fiscal year 2020 (Dec 29, 2019 – Dec 26, 2020): Revenue 70.4B USD · Net income 7.1B USD · Net margin 10.1%
  6. Fiscal year 2021 (Dec 27, 2020 – Dec 25, 2021): Revenue 79.5B USD · Net income 7.6B USD · Net margin 9.6%
  7. Fiscal year 2022 (Dec 26, 2021 – Dec 31, 2022): Revenue 86.4B USD · Net income 8.9B USD · Net margin 10.3%
  8. Fiscal year 2023 (Jan 1, 2023 – Dec 30, 2023): Revenue 91.5B USD · Net income 9.1B USD · Net margin 9.9%
  9. Fiscal year 2024 (Dec 31, 2023 – Dec 28, 2024): Revenue 91.9B USD · Net income 9.6B USD · Net margin 10.4%
  10. Fiscal year 2025 (Dec 29, 2024 – Dec 27, 2025): Revenue 93.9B USD · Net income 8.2B USD · Net margin 8.8%

Fiscal year 2025 (Dec 29, 2024 – Dec 27, 2025): Revenue 93.9B USD · Net income 8.2B USD · Net margin 8.8%

Figures over time

Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.

Money flow in fiscal year 2025

Of 100 USD of revenue, 54.1 USD gross profit, 12.2 USD operating income and 8.8 USD net income remained.

Money flow as a table
Fiscal year 2025, amounts in USD, share of revenue
ItemAmountof revenue
Revenue93.9B USD100.0%
Gross profit50.9B USD54.1%
Cost of revenue43.1B USD45.9%
Operating income11.5B USD12.2%
Research & development839.0M USD0.9%
Other operating expenses38.5B USD41.0%
Net income8.2B USD8.8%
Interest expense1.1B USD1.2%
Taxes1.9B USD2.1%
Other188.0M USD0.2%

Taxes, interest and other items are not available separately in the SEC data; they are combined as the difference.

Margins

The operating margin fell in 5 years from 14.3% to 12.2%.

Gross marginOperating marginNet margin
  1. Fiscal year 2016: Gross margin 55.1% · Operating margin 15.6% · Net margin 10.1%
  2. Fiscal year 2017: Gross margin 54.7% · Operating margin 16.5% · Net margin 7.6%
  3. Fiscal year 2018: Gross margin 54.6% · Operating margin 15.6% · Net margin 19.4%
  4. Fiscal year 2019: Gross margin 55.1% · Operating margin 15.3% · Net margin 10.9%
  5. Fiscal year 2020: Gross margin 54.8% · Operating margin 14.3% · Net margin 10.1%
  6. Fiscal year 2021: Gross margin 53.3% · Operating margin 14.0% · Net margin 9.6%
  7. Fiscal year 2022: Gross margin 53.0% · Operating margin 13.3% · Net margin 10.3%
  8. Fiscal year 2023: Gross margin 54.2% · Operating margin 13.1% · Net margin 9.9%
  9. Fiscal year 2024: Gross margin 54.6% · Operating margin 14.0% · Net margin 10.4%
  10. Fiscal year 2025: Gross margin 54.1% · Operating margin 12.2% · Net margin 8.8%

Returns

Return on equity fell in 5 years from 52.9% to 40.4%.

Return on equityReturn on assets
  1. Fiscal year 2016: Return on equity 56.3% · Return on assets 8.5%
  2. Fiscal year 2017: Return on equity 44.0% · Return on assets 6.1%
  3. Fiscal year 2018: Return on equity 86.2% · Return on assets 16.1%
  4. Fiscal year 2019: Return on equity 49.5% · Return on assets 9.3%
  5. Fiscal year 2020: Return on equity 52.9% · Return on assets 7.7%
  6. Fiscal year 2021: Return on equity 47.5% · Return on assets 8.2%
  7. Fiscal year 2022: Return on equity 52.0% · Return on assets 9.7%
  8. Fiscal year 2023: Return on equity 49.0% · Return on assets 9.0%
  9. Fiscal year 2024: Return on equity 53.1% · Return on assets 9.6%
  10. Fiscal year 2025: Return on equity 40.4% · Return on assets 7.7%

Equity and long-term debt

The equity ratio rose in 5 years from 14.5% to 19.0%.

EquityLong-term debt in USD Long-term debt, depending on the filing, includes the current portion or leases.
  1. Fiscal year 2016: Equity 11.2B USD · Long-term debt 34.5B USD
  2. Fiscal year 2017: Equity 11.0B USD · Long-term debt 37.8B USD
  3. Fiscal year 2018: Equity 14.5B USD · Long-term debt 32.2B USD
  4. Fiscal year 2019: Equity 14.8B USD · Long-term debt 32.0B USD
  5. Fiscal year 2020: Equity 13.5B USD · Long-term debt 43.7B USD
  6. Fiscal year 2021: Equity 16.0B USD · Long-term debt 39.9B USD
  7. Fiscal year 2022: Equity 17.1B USD · Long-term debt 38.8B USD
  8. Fiscal year 2023: Equity 18.5B USD · Long-term debt 41.5B USD
  9. Fiscal year 2024: Equity 18.0B USD · Long-term debt 41.2B USD
  10. Fiscal year 2025: Equity 20.4B USD · Long-term debt 46.4B USD

Liquidity (current ratio)

The current ratio fell in 5 years from 0.98 to 0.85.

Current ratio
  1. Fiscal year 2016: Current ratio 1.28
  2. Fiscal year 2017: Current ratio 1.51
  3. Fiscal year 2018: Current ratio 0.99
  4. Fiscal year 2019: Current ratio 0.86
  5. Fiscal year 2020: Current ratio 0.98
  6. Fiscal year 2021: Current ratio 0.83
  7. Fiscal year 2022: Current ratio 0.80
  8. Fiscal year 2023: Current ratio 0.85
  9. Fiscal year 2024: Current ratio 0.82
  10. Fiscal year 2025: Current ratio 0.85

Cash flow

Free cash flow rose in 5 years from 6.4B USD to 7.7B USD.

Operating cash flowCapital expenditureFree cash flow in USD
  1. Fiscal year 2016: Operating cash flow 10.4B USD · Capital expenditure 3.0B USD · Free cash flow 7.4B USD
  2. Fiscal year 2017: Operating cash flow 10.0B USD · Capital expenditure 3.0B USD · Free cash flow 7.0B USD
  3. Fiscal year 2018: Operating cash flow 9.4B USD · Capital expenditure 3.3B USD · Free cash flow 6.1B USD
  4. Fiscal year 2019: Operating cash flow 9.6B USD · Capital expenditure 4.2B USD · Free cash flow 5.4B USD
  5. Fiscal year 2020: Operating cash flow 10.6B USD · Capital expenditure 4.2B USD · Free cash flow 6.4B USD
  6. Fiscal year 2021: Operating cash flow 11.6B USD · Capital expenditure 4.6B USD · Free cash flow 7.0B USD
  7. Fiscal year 2022: Operating cash flow 10.8B USD · Capital expenditure 5.2B USD · Free cash flow 5.6B USD
  8. Fiscal year 2023: Operating cash flow 13.4B USD · Capital expenditure 5.5B USD · Free cash flow 7.9B USD
  9. Fiscal year 2024: Operating cash flow 12.5B USD · Capital expenditure 5.3B USD · Free cash flow 7.2B USD
  10. Fiscal year 2025: Operating cash flow 12.1B USD · Capital expenditure 4.4B USD · Free cash flow 7.7B USD

Share count

The share count fell in 5 years by 1.4% (mostly through share repurchases).

Diluted share count
  1. Fiscal year 2016: Diluted share count 1.5B
  2. Fiscal year 2017: Diluted share count 1.4B
  3. Fiscal year 2018: Diluted share count 1.4B
  4. Fiscal year 2019: Diluted share count 1.4B
  5. Fiscal year 2020: Diluted share count 1.4B
  6. Fiscal year 2021: Diluted share count 1.4B
  7. Fiscal year 2022: Diluted share count 1.4B
  8. Fiscal year 2023: Diluted share count 1.4B
  9. Fiscal year 2024: Diluted share count 1.4B
  10. Fiscal year 2025: Diluted share count 1.4B

From annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.

Dividends and share repurchases

How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.

Dividend per share
5.62 USD · Fiscal year 2025
Dividend growth per year
3 y +7.5%5 y +6.9%10 y +7.4%
Years without a cut
at least 10 as far as the data goes
Payout ratio
of earnings 94% of free cash flow 100%
To shareholders (5 years)
38.1B USD 12% through repurchases
Share count over 5 years
−1.4% fewer shares – each share is a larger stake

Dividend per share

The dividend per share rose in 5 years from 4.02 USD to 5.62 USD.

Dividend per share USD per share Per share as filed with the SEC, including special dividends; obvious filing errors are hidden.
  1. Fiscal year 2016: Dividend per share 2.96 USD
  2. Fiscal year 2017: Dividend per share 3.17 USD
  3. Fiscal year 2018: Dividend per share 3.59 USD
  4. Fiscal year 2019: Dividend per share 3.79 USD
  5. Fiscal year 2020: Dividend per share 4.02 USD
  6. Fiscal year 2021: Dividend per share 4.25 USD
  7. Fiscal year 2022: Dividend per share 4.53 USD
  8. Fiscal year 2023: Dividend per share 4.95 USD
  9. Fiscal year 2024: Dividend per share 5.33 USD
  10. Fiscal year 2025: Dividend per share 5.62 USD

Payout ratios

The payout ratio rose in 5 years from 78.6% to 93.7%.

Payout ratio (earnings)Payout ratio (free cash flow)
  1. Fiscal year 2016: Payout ratio (earnings) 67.9% · Payout ratio (free cash flow) 57.4%
  2. Fiscal year 2017: Payout ratio (earnings) 93.7% · Payout ratio (free cash flow) 63.7%
  3. Fiscal year 2018: Payout ratio (earnings) 40.9% · Payout ratio (free cash flow) 80.4%
  4. Fiscal year 2019: Payout ratio (earnings) 72.9% · Payout ratio (free cash flow) 97.9%
  5. Fiscal year 2020: Payout ratio (earnings) 78.6% · Payout ratio (free cash flow) 86.4%
  6. Fiscal year 2021: Payout ratio (earnings) 77.4% · Payout ratio (free cash flow) 83.2%
  7. Fiscal year 2022: Payout ratio (earnings) 70.5% · Payout ratio (free cash flow) 110.1%
  8. Fiscal year 2023: Payout ratio (earnings) 75.4% · Payout ratio (free cash flow) 84.3%
  9. Fiscal year 2024: Payout ratio (earnings) 76.7% · Payout ratio (free cash flow) 100.6%
  10. Fiscal year 2025: Payout ratio (earnings) 93.7% · Payout ratio (free cash flow) 99.6%

What goes back to shareholders

Over 5 years, 38.1B USD went back to shareholders, 12% of it through share repurchases. That is 108% of the free cash flow of those years.

Dividends paidShare repurchasesNew shares issued (including employee plans)Free cash flow in USD
  1. Fiscal year 2016: Dividends paid 4.2B USD · Share repurchases 3.0B USD · New shares issued (including employee plans) not available · Free cash flow 7.4B USD
  2. Fiscal year 2017: Dividends paid 4.5B USD · Share repurchases 2.0B USD · New shares issued (including employee plans) not available · Free cash flow 7.0B USD
  3. Fiscal year 2018: Dividends paid 4.9B USD · Share repurchases 2.0B USD · New shares issued (including employee plans) not available · Free cash flow 6.1B USD
  4. Fiscal year 2019: Dividends paid 5.3B USD · Share repurchases 3.0B USD · New shares issued (including employee plans) not available · Free cash flow 5.4B USD
  5. Fiscal year 2020: Dividends paid 5.5B USD · Share repurchases 2.0B USD · New shares issued (including employee plans) not available · Free cash flow 6.4B USD
  6. Fiscal year 2021: Dividends paid 5.8B USD · Share repurchases 106.0M USD · New shares issued (including employee plans) not available · Free cash flow 7.0B USD
  7. Fiscal year 2022: Dividends paid 6.2B USD · Share repurchases 1.5B USD · New shares issued (including employee plans) not available · Free cash flow 5.6B USD
  8. Fiscal year 2023: Dividends paid 6.7B USD · Share repurchases 1.0B USD · New shares issued (including employee plans) not available · Free cash flow 7.9B USD
  9. Fiscal year 2024: Dividends paid 7.2B USD · Share repurchases 1.0B USD · New shares issued (including employee plans) not available · Free cash flow 7.2B USD
  10. Fiscal year 2025: Dividends paid 7.6B USD · Share repurchases 1.0B USD · New shares issued (including employee plans) not available · Free cash flow 7.7B USD

Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.

Valuation over time

Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users.

Sector comparison

PepsiCo next to 8 stocks of the sector Consumer Staples we cover that are closest in revenue. Click a column header to sort the table.

Sector comparison PEP, sector Consumer Staples; last row: sector median
Symbol Revenue (FY) Growth 5 yrsGross marginOp. marginNet marginROEEquity ratioFCF marginPiotroski
COST Costco 303.2B USD +9.1%12.8%3.9%3.0%25.8%40.2%3.1%7/9
TGT Target Corporation 104.8B USD +2.3%27.9%4.9%3.5%22.9%27.2%2.7%5/9
PEP PepsiCo this stock 93.9B USD +5.9%54.1%12.2%8.8%40.4%19.0%8.2%6/9
PG Procter & Gamble 87.0B USD +2.7%50.2%22.7%18.4%29.5%42.9%17.4%6/9
KO Coca-Cola Company (The) 47.9B USD +7.7%61.6%28.7%27.3%40.7%30.7%11.0%7/9
PM Philip Morris International 40.6B USD +7.2%67.1%36.6%27.9%–−14.4%26.2%8/9
MDLZ Mondelez International 38.5B USD +7.7%28.4%9.2%6.4%9.5%36.1%8.4%5/9
MO Altria 23.3B USD −2.3%62.5%42.5%29.8%–−10.0%39.0%7/9
CL Colgate-Palmolive 20.4B USD +4.4%60.1%16.2%10.5%–0.3%17.8%6/9
Median of the sector 10 symbols 67.5B USD +5.5%52.2%14.2%9.6%25.8%28.9%9.7%6.5/9

Growth 5 yrs = revenue growth per year over 5 fiscal years · Op. margin = operating margin · ROE = return on equity · FCF = free cash flow · Piotroski = F-Score (only with all 9 criteria).

Figures of the last fiscal year from SEC annual reports (peers as of Oct 28, 2026). Median across all companies of the sector we cover (from 5 stocks; several share classes of one company count once). Signed-in users also see P/E, P/S and dividend yield in the comparison. Describes the reported figures – not investment advice.

Key figures with traffic lights

Each light follows a simple, disclosed rule. The comparison is with the sector median of all 34 symbols in the Consumer Staples sector on our list (current members of the S&P 500 and other lists).

Revenue growth

Light green: above sector

+5.9% per year, last 5 years

Sector Consumer Staples: median +4.7% (31 symbols)

What does this mean? Revenue: over 5 years it grew by 5.9% per year on average – at least as fast as the median company in the sector (+4.7%).

Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.

Net income (total)

Light green: above sector

+3.0% per year, last 5 years

Sector Consumer Staples: median −2.1% (28 symbols)

per share: +3.2% per year (5 years, split-adjusted)

What does this mean? Total net income: over 5 years it grew by 3.0% per year on average – at least as fast as the median company in the sector (−2.1%).

Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.

Net margin

Light green: above sector

8.8% last fiscal year

Sector Consumer Staples: median 6.6% (33 symbols)

What does this mean? Of every 100 USD in revenue, 8.77 USD remained as profit – at least as much as the median company in the sector (6.6%). Five years ago the margin was 10.1%.

Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.

Debt / equity

Light red: much higher

1.91 latest balance sheet

Sector Consumer Staples: median 0.70 (29 symbols)

What does this mean? For every 1 USD of equity there is 1.91 USD of financial debt – more than twice as much as the median company in the sector (0.70). More debt amplifies good and bad years alike.

Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.

Payout ratio

Light yellow: high

94% Dividend / earnings per share

Sector Consumer Staples: median 71% (24 symbols)

What does this mean? Of every 1 USD of earnings per share, 0.94 USD went to shareholders as a dividend. Little buffer remains for weaker years. Median company in the sector: 71%.

Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.

Profitable years

Light green: profit every year

10 of 10 fiscal years with a profit

What does this mean? In 10 of the last 10 fiscal years the bottom line showed a profit. There were no losses in this period.

Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).

Last fiscal year and 13F

Information, not a trading signal · Source: SEC EDGAR
Revenue (FY)
93.9B USD
Revenue vs. prior year
+2.3%
Net income (FY)
8.2B USD
Net income vs. prior year
−14.0%
EPS (FY)
6.00 USD
13F funds with a position
0 of 9
Funds vs. prior quarter
±0
Shares held vs. prior quarter
–
Fiscal year to Dec 27, 2025 · 10-K filed Feb 3, 2026 · Balance sheet Sep 5, 2026 (filed Oct 8, 2026) · Price-based figures (P/E, P/S, dividend yield, market cap) only when logged in. · Values as first reported; debt = reported financial debt (US GAAP: long-term). 13F: reporting date Jun 30, 2026, 9 tracked funds have filed (latest Aug 14, 2026), filed with up to 45 days of delay. Stock positions only; comparison with Mar 31, 2026 only across funds that filed for both quarters.
All figures as a table
Fiscal years (amounts in USD, per share in USD)
YearEndRevenueNet income MarginEarnings per shareDividend per sharePayout
2025Dec 27, 2025 93.9B8.2B 8.8% 6.00 5.62 94%
2024Dec 28, 2024 91.9B9.6B 10.4% 6.95 5.33 77%
2023Dec 30, 2023 91.5B9.1B 9.9% 6.56 4.95 75%
2022Dec 31, 2022 86.4B8.9B 10.3% 6.42 4.53 70%
2021Dec 25, 2021 79.5B7.6B 9.6% 5.49 4.25 77%
2020Dec 26, 2020 70.4B7.1B 10.1% 5.12 4.02 79%
2019Dec 28, 2019 67.2B7.3B 10.9% 5.20 3.79 73%
2018Dec 29, 2018 64.7B12.5B 19.4% 8.78 3.59 41%
2017Dec 30, 2017 63.5B4.9B 7.6% 3.38 3.17 94%
2016Dec 31, 2016 62.8B6.3B 10.1% 4.36 2.96 68%
Quarters (amounts in USD, per share in USD)
QuarterEndRevenueNet income MarginEarnings per shareDividend per sharePayout
Q3/26Sep 5, 2026 25.3B3.0B 12.1% 2.23 1.48 66%
Q2/26Jun 13, 2026 24.2B3.0B 12.3% 2.18 1.48 68%
Q1/26Mar 21, 2026 19.4B2.3B 12.0% 1.70 1.42 84%
Q3/25Sep 6, 2025 23.9B2.6B 10.9% 1.90 1.42 75%
Q2/25Jun 14, 2025 22.7B1.3B 5.6% 0.92 1.42 155%
Q1/25Mar 22, 2025 17.9B1.8B 10.2% 1.33 1.36 102%
Q3/24Sep 7, 2024 23.3B2.9B 12.6% 2.13 1.36 64%
Q2/24Jun 15, 2024 22.5B3.1B 13.7% 2.23 1.36 61%
Q1/24Mar 23, 2024 18.3B2.0B 11.2% 1.48 1.27 85%
Q3/23Sep 9, 2023 23.5B3.1B 13.2% 2.24 1.27 56%
Q2/23Jun 17, 2023 22.3B2.7B 12.3% 1.99 1.27 64%
Q1/23Mar 25, 2023 17.8B1.9B 10.8% 1.40 1.15 82%

* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.

How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.

Insiders

All insider transactions
Insider purchases and sales on the market over 3, 6 and 12 months
PeriodPurchasesSalesNet
3 months $23.7M1 person $4.1M1 person +$19.6M
6 months $23.7M1 person $4.5M2 people +$19.2M
12 months $23.7M1 person $10.2M3 people +$13.5M

Latest transactions

  • Oct 21, 2026 Laguarta Ramon Chief executive (CEO), Director Open-market sale 30,000 shares · $4.1M · SEC
  • Oct 14, 2026 Pohlad Robert C Director Open-market purchase 9,989 shares · $1.3M · SEC
  • Oct 14, 2026 Pohlad Robert C Director Open-market purchase 45,075 shares · $5.8M · SEC
  • Oct 14, 2026 Pohlad Robert C Director Open-market purchase 45,075 shares · $5.8M · SEC
  • Oct 14, 2026 Pohlad Robert C Director Open-market purchase 84,507 shares · $10.8M · SEC
  • Jul 27, 2026 Flavell David Officer Open-market sale 2,900 shares · $404.7K · SEC

Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.

Trend score -30

Price vs. EMA 50+15
Price vs. EMA 200-15
EMA 50 vs. EMA 200-20
ADX (trend strength)+15
Highs and lows-10
Relative strength-15

Volatility and trend strength

ADX 14 (trend strength)32.4
Rel. strength 60 d−5.4%

ATR and moving averages as price values only when logged in.

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