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PepsiCo, Inc.

PEP Consumer Defensive Beverages Non Alcoholic

PepsiCo, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $93.9 billion, up 2.25% from fiscal 2024. In the quarter to September 2026, revenue grew 5.59%, EPS grew 18.5%, free cash flow grew 1,051.6% and total debt fell 3.30%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for twenty-five consecutive years, revenue growth for five.

131.49 3.11 +2.42%
Market cap
$175.0B
P/E
16.5×
Fwd P/E
17.5×
Dividend yield
4.41%
F-score
5/9
Altman Z
3.48
Beneish M
−2.54
Dividend safety
43/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

PepsiCo, Inc. (PEP) Net margin

Alert me on Net margin

PepsiCo, Inc.'s net margin over the twelve months to 30 September 2026 was 11.1%, up 2.3 percentage points from fiscal 2025 (8.77%). Over the past ten years it has ranged from 7.65% (fiscal 2017) to 19.4% (fiscal 2018); the current reading is higher than 27% of that period. That is above the Beverages Non Alcoholic industry median of 8.35% and above the Consumer Defensive sector median of 1.41%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 8.77% (1.66)
FY2024 10.4% 0.51
FY2023 9.92% (0.39)
FY2022 10.3% 0.72
FY2021 9.59% (0.53)
FY2020 10.1% (0.77)
FY2019 10.9% (8.46)
FY2018 19.4% 11.70
FY2017 7.65% (2.43)
FY2016 10.1% 1.43

Quarterly newest first

Period Net margin Change (points)
Sep 2026 12.1% (0.27)
Jun 2026 12.3% 0.36
Mar 2026 12.0% 3.31
Dec 2025 8.66% (2.21)
47 more quarters

Against its own ten years

Low 7.65% High 19.4%
Ten-year median 10.1%
Current reading's percentile 77

Net margin against peers

Company Net margin
KO CocaCola Company (The) compare 28.6%
MNST Monster Beverage Corporation compare 23.1%
COCO Vita Coco Company, Inc. compare 15.5%
PEP PepsiCo, Inc. 11.1%
CCEP Coca-Cola Europacific Partners compare 9.08%
KOF Coca Cola Femsa S.A.B. de C.V. compare 8.05%
COKE Coca-Cola Consolidated, Inc. compare 7.15%
KDP Keurig Dr Pepper, Inc compare 6.69%
CELH Celsius Holdings Inc. compare 2.14%
Beverages Non Alcoholic industry median 8.35%
Consumer Defensive sector median 1.41%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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