PepsiCo, Inc. PEP

128.63 0.48 0.37% as of 25 Sep
Market cap
$174.5B
P/E
16.9×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

PepsiCo, Inc. (PEP) Gross margin

PepsiCo, Inc.'s gross margin over the twelve months to 30 June 2026 was 54.0%, down 0.2 percentage points from fiscal 2025 (54.2%). Over the past ten years it has ranged from 53.0% (fiscal 2022) to 55.1% (fiscal 2019); the current reading is higher than 27% of that period. That is above the Beverages Non Alcoholic industry median of 41.1% and above the Consumer Defensive sector median of 34.8%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 54.2% (0.40)
FY2024 54.6% 0.34
FY2023 54.2% 1.18
FY2022 53.0% (0.32)
FY2021 53.4% (1.47)
FY2020 54.8% (0.31)
FY2019 55.1% 0.57
FY2018 54.6% (0.11)
FY2017 54.7% (0.39)
FY2016 55.1% 0.62

Quarterly

Period Gross margin Change (points)
Jun 2026 54.2% (0.97)
Mar 2026 55.2% 1.96
Dec 2025 53.2% (0.34)
Sep 2025 53.6% (1.09)
46 more quarters

Against its own ten years

Low 53.0% High 55.1%
Ten-year median 54.6%
Current reading's percentile 27

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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