PEP
PepsiCo Inc
NASDAQ: PEP · CONSUMER DEFENSIVE · BEVERAGES - NON-ALCOHOLIC
$158.49
+2.06% today
Updated 2026-04-29
Market cap
$212.48B
P/E ratio
24.40
P/S ratio
2.23x
EPS (TTM)
$6.37
Dividend yield
3.65%
52W range
$123 – $170
Volume
6.3M
PepsiCo Inc (PEP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $35.14B | $39.47B | $43.25B | $43.23B | $57.84B | $66.50B | $65.49B | $66.42B | $66.68B | $63.06B | $62.80B | $63.52B | $64.66B | $67.16B | $70.37B | $79.47B | $86.39B | $91.47B | $91.85B | $93.92B |
| Revenue growth (YoY) | — | +12.3% | +9.6% | -0.0% | +33.8% | +15.0% | -1.5% | +1.4% | +0.4% | -5.4% | -0.4% | +1.2% | +1.8% | +3.9% | +4.8% | +12.9% | +8.7% | +5.9% | +0.4% | +2.3% |
| Cost of revenue | $15.76B | $18.04B | $20.35B | $20.10B | $26.57B | $31.59B | $31.29B | $31.24B | $31.24B | $28.73B | $28.22B | $28.80B | $29.38B | $30.13B | $31.80B | $37.08B | $40.58B | $41.88B | $41.74B | $43.07B |
| Gross profit | $19.38B | $21.44B | $22.90B | $23.13B | $31.26B | $34.91B | $34.20B | $35.17B | $35.45B | $34.33B | $34.58B | $34.73B | $35.28B | $37.03B | $38.58B | $42.40B | $45.82B | $49.59B | $50.11B | $50.86B |
| Gross margin | 55.1% | 54.3% | 52.9% | 53.5% | 54.1% | 52.5% | 52.2% | 53.0% | 53.2% | 54.4% | 55.1% | 54.7% | 54.6% | 55.1% | 54.8% | 53.3% | 53.0% | 54.2% | 54.6% | 54.1% |
| R&D | $344.00M | $364.00M | $388.00M | $414.00M | $488.00M | $525.00M | $552.00M | $665.00M | $718.00M | $754.00M | $760.00M | $737.00M | $680.00M | $711.00M | $719.00M | $752.00M | $771.00M | $804.00M | $813.00M | — |
| SG&A | $12.77B | $14.21B | $15.54B | $14.61B | $22.33B | $25.14B | $24.68B | $21.28B | $21.39B | $10.26B | $9.68B | $9.37B | $9.53B | $10.15B | $10.49B | $11.01B | $14.26B | $36.68B | $37.19B | $37.37B |
| Operating income | $6.50B | $7.17B | $6.96B | $8.04B | $8.33B | $9.63B | $9.11B | $9.71B | $9.58B | $8.35B | $9.80B | $10.28B | $10.11B | $10.29B | $10.08B | $11.16B | $11.51B | $11.99B | $12.89B | $13.49B |
| Operating margin | 18.5% | 18.2% | 16.1% | 18.6% | 14.4% | 14.5% | 13.9% | 14.6% | 14.4% | 13.2% | 15.6% | 16.2% | 15.6% | 15.3% | 14.3% | 14.0% | 13.3% | 13.1% | 14.0% | 14.4% |
| EBITDA | $8.63B | $9.28B | $8.92B | $10.11B | $11.46B | $12.43B | $11.89B | $12.46B | $12.29B | $10.83B | $12.26B | $13.12B | $12.81B | $13.09B | $13.22B | $14.90B | $14.92B | $15.75B | $16.68B | $15.54B |
| EBITDA margin | 24.6% | 23.5% | 20.6% | 23.4% | 19.8% | 18.7% | 18.2% | 18.8% | 18.4% | 17.2% | 19.5% | 20.7% | 19.8% | 19.5% | 18.8% | 18.7% | 17.3% | 17.2% | 18.2% | 16.5% |
| EBIT | $7.23B | $7.86B | $7.37B | $8.48B | $9.13B | $9.69B | $9.20B | $9.80B | $9.67B | $8.41B | $9.89B | $10.75B | $10.41B | $10.25B | $10.20B | $11.68B | $11.64B | $12.24B | $12.87B | $11.37B |
| Interest expense | $239.00M | $224.00M | $329.00M | $397.00M | $903.00M | $856.00M | $899.00M | $911.00M | $909.00M | $970.00M | $1.34B | $1.15B | $1.22B | $935.00M | $1.13B | $1.86B | $939.00M | $819.00M | $919.00M | $1.12B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $5.64B | $5.66B | $5.14B | $5.95B | $6.32B | $6.44B | $6.18B | $6.74B | $6.51B | $5.45B | $6.33B | $4.86B | $12.52B | $7.31B | $7.12B | $7.62B | $8.91B | $9.07B | $9.58B | $8.24B |
| Net income growth (YoY) | — | +0.3% | -9.1% | +15.6% | +6.3% | +1.9% | -4.1% | +9.1% | -3.4% | -16.3% | +16.1% | -23.3% | +157.7% | -41.6% | -2.7% | +7.0% | +17.0% | +1.8% | +5.6% | -14.0% |
| Profit margin | 16.1% | 14.3% | 11.9% | 13.8% | 10.9% | 9.7% | 9.4% | 10.1% | 9.8% | 8.6% | 10.1% | 7.6% | 19.4% | 10.9% | 10.1% | 9.6% | 10.3% | 9.9% | 10.4% | 8.8% |