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.

Revenue
+5.59%
EPS
+17.4%
Free cash flow
+1,051.6%
Total debt
−3.30%

Quarter to September 2026, against a year earlier

141.58 1.13 −0.79%
Market cap
$194.5B
P/E
17.9×
Fwd P/E
16.5×
Dividend yield
4.07%
F-score
5/9
Altman Z
3.48
Beneish M
−2.54
Dividend safety
43/100

PepsiCo, Inc. (PEP) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, PepsiCo, Inc. (PEP) trades at a price to free cash flow of 30.7×. Over the past ten years it has ranged from 15.1× (March 2021) to 76.9× (October 2025); the current reading is higher than 69% of that period. That is above the Beverages Non Alcoholic industry median of 24.1× and above the Consumer Defensive sector median of 15.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 53.0× 91.03%
FY2024 27.7× 64.58%
FY2023 16.8× (28.88%)
FY2022 23.7× 20.06%
FY2021 19.7× 13.69%
FY2020 17.4× (49.30%)
FY2019 34.2× 37.19%
FY2018 24.9× 7.36%
FY2017 23.2× 19.14%
FY2016 19.5× 8.84%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 27.3× (22.82%)
Jun 2026 35.3× (20.54%)
Mar 2026 44.4× (16.09%)
Dec 2025 53.0× (24.66%)
47 more quarters

Against its own ten years

Low 15.1× High 76.9×
Ten-year median 26.2×
Current reading's percentile 69

Price to free cash flow against peers

Company Price to free cash flow
KDP Keurig Dr Pepper, Inc compare 20.4×
CCEP Coca-Cola Europacific Partners compare 22.5×
COCO Vita Coco Company, Inc. compare 25.3×
COKE Coca-Cola Consolidated, Inc. compare 25.5×
CELH Celsius Holdings Inc. compare 28.5×
KO CocaCola Company (The) compare 28.8×
KOF Coca Cola Femsa S.A.B. de C.V. compare 30.4×
PEP PepsiCo, Inc. 30.7×
MNST Monster Beverage Corporation compare 44.9×
Beverages Non Alcoholic industry median 24.1×
Consumer Defensive sector median 15.1×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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