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) Operating margin

PepsiCo, Inc.'s operating margin over the twelve months to 30 June 2026 was 14.8%, up 2.6 percentage points from fiscal 2025 (12.2%). Over the past ten years it has ranged from 12.2% (fiscal 2025) to 16.2% (fiscal 2017) — the current reading is the lowest in ten years. That is above the Beverages Non Alcoholic industry median of 13.4% and above the Consumer Defensive sector median of 1.81%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 12.2% (1.79)
FY2024 14.0% 0.93
FY2023 13.1% (0.23)
FY2022 13.3% (0.71)
FY2021 14.0% (0.28)
FY2020 14.3% (1.00)
FY2019 15.3% (0.32)
FY2018 15.6% (0.54)
FY2017 16.2% 0.57
FY2016 15.6% 2.36

Quarterly

Period Operating margin Change (points)
Jun 2026 16.6% 0.11
Mar 2026 16.5% 4.41
Dec 2025 12.1% (2.79)
Sep 2025 14.9% 7.04
46 more quarters

Against its own ten years

Low 12.2% High 16.2%
Ten-year median 14.0%
Current reading's percentile 9

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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