Stocktoria

PEPSICO INC PEP

Nasdaq · stock · Beverages · website · IPO 1919-12-18 · LEI

PEPSICO INC statistics & valuation

Market cap$193.2B
P / E23.5×
P / S2.1×
P / B9.4×
Dividend yield3.95%
Net margin8.8%
Return on equity40.1%
Net debt$37.2B
Net debt / EBITDA2.5×
Enterprise value USD$230.4B
EV / EBITDA15.4×
Earnings yield EBIT/EV5%
Return on capital15.4%
Graham number -67.6%$44.95

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($44.95); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
10.10% 7.60% 19.40% 10.90% 10.10% 9.60% 10.30% 9.90% 10.40% 8.80% 2016201720182019202020212022202320242025
Gross margin (%)
55.10% 54.70% 54.60% 55.10% 54.80% 53.30% 53.00% 54.20% 54.60% 54.10% 2016201720182019202020212022202320242025
Operating margin (%)
15.60% 16.20% 15.60% 15.30% 14.30% 14.00% 13.30% 13.10% 14.00% 12.20% 2016201720182019202020212022202320242025
Return on equity (%)
56.30% 44.00% 85.70% 49.20% 52.50% 47.20% 51.60% 48.70% 52.70% 40.10% 2016201720182019202020212022202320242025
Shares outstanding
1.45B 1.44B 1.43B 1.41B 1.39B 1.39B 1.39B 1.38B 1.38B 1.37B 2016201720182019202020212022202320242025
Net debt ($)
$25.30B $27.21B $23.53B $26.49B $35.54B $34.30B $33.80B $31.81B $32.72B $37.19B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
8.60% 6.10% 16.10% 9.30% 7.70% 8.20% 9.70% 9.00% 9.60% 7.70% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
3.06× 3.42× 2.21× 2.15× 3.23× 2.47× 2.24× 2.23× 2.27× 2.26× 2016201720182019202020212022202320242025
EPS ($)
$4.36 $3.38 $8.78 $5.20 $5.12 $5.49 $6.42 $6.56 $6.95 $6.00 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

PEPSICO INC trades at about 23.1× earnings — below its 10-year norm (10-year range 12.8×–35.6×, median 26.6×).

12.8× 35.6×

Shaded band = 10-year range (12.8×–35.6×); dot = today's 23.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin54.1%54.6%54.2%53.0%53.3%54.8%55.1%54.6%54.7%55.1%
Operating margin12.2%14.0%13.1%13.3%14.0%14.3%15.3%15.6%16.2%15.6%
Net margin8.8%10.4%9.9%10.3%9.6%10.1%10.9%19.4%7.6%10.1%
Return on assets7.7%9.6%9.0%9.7%8.2%7.7%9.3%16.1%6.1%8.6%
Return on equity40.1%52.7%48.7%51.6%47.2%52.5%49.2%85.7%44.0%56.3%
Debt / equity2.26×2.27×2.23×2.24×2.47×3.23×2.15×2.21×3.42×3.06×
Current ratio0.850.820.850.800.830.980.860.991.511.25

Computed from company filings · US · as of 2025-12-27. Facts plus Stocktoria's own computed scores — not investment advice.