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INDICATIVE · SAMPLE DATA
PEP$154.4360

PepsiCo Inc

Non-Alcoholic BeveragesVerified

PepsiCo maintains a capital structure with a debt-to-equity ratio of 2.41, indicating a significant reliance on debt financing. The company's liquidity position is characterized as medium, with free cash flow at -462 million USD and negative net cash after subtracting total debt. The price-to-book ratio of 10.34 suggests that the market values the company at a premium to its book value. In terms of profitability, PepsiCo's return on equity of 40.38% and return on assets of 7.67% indicate strong returns relative to its equity and asset base. The company's operating margin of 11.92% (calculated from operating income of 11.2 billion USD on revenue of 93.925 billion USD) is a key performance indicator that reflects its efficiency in converting revenue into profit. PepsiCo's revenue is distributed across several segments, with a notable presence in North America, Europe, the Middle East, and Asia Pacific. The company's geographic exposure is broad, with no single region accounting for a majority of its revenue. The company's international operations, including its SodaStream business, contribute to its diversified revenue base. The company's growth trajectory is supported by its current fiscal year outlook, which anticipates a continuation of its revenue performance. Analysts have set a mean price target of 171.25 USD, suggesting a positive outlook for the stock. The company's capital expenditure of -4.415 billion USD indicates ongoing investment in its operations. PepsiCo faces a medium level of liquidity risk, as indicated by its negative net cash position after subtracting total debt. The company's dilution risk is assessed as low, with no significant dilution potential in the near term. The company's risk assessment highlights the importance of monitoring its liquidity position and capital structure. Recent events, including analyst estimates and price targets, suggest a generally positive sentiment towards PepsiCo. The mean recommendation of 2.56 from analysts indicates a slight bias towards a buy rating. The company's recent financial performance and strategic initiatives are likely to influence its future direction.

30-day price · PEP(missing data)
No daily-bar history available from current data sources. Alternate source pending.
Profile
CompanyPepsiCo Inc
TickerPEP.O
SectorConsumer Non-Cyclicals
BusinessFood & Beverages
Industry groupFood & Beverages
IndustryNon-Alcoholic Beverages
AI analysis

Business. PepsiCo, Inc. is a global beverage and convenient food company that generates revenue through its segments including PepsiCo Foods North America, PepsiCo Beverages North America, and international operations.

Classification. PepsiCo is classified under the Non-Alcoholic Beverages industry within the Consumer Non-Cyclicals economic sector, with a confidence level of 0.92.

PepsiCo maintains a capital structure with a debt-to-equity ratio of 2.41, indicating a significant reliance on debt financing. The company's liquidity position is characterized as medium, with free cash flow at -462 million USD and negative net cash after subtracting total debt. The price-to-book ratio of 10.34 suggests that the market values the company at a premium to its book value. In terms of profitability, PepsiCo's return on equity of 40.38% and return on assets of 7.67% indicate strong returns relative to its equity and asset base. The company's operating margin of 11.92% (calculated from operating income of 11.2 billion USD on revenue of 93.925 billion USD) is a key performance indicator that reflects its efficiency in converting revenue into profit. PepsiCo's revenue is distributed across several segments, with a notable presence in North America, Europe, the Middle East, and Asia Pacific. The company's geographic exposure is broad, with no single region accounting for a majority of its revenue. The company's international operations, including its SodaStream business, contribute to its diversified revenue base. The company's growth trajectory is supported by its current fiscal year outlook, which anticipates a continuation of its revenue performance. Analysts have set a mean price target of 171.25 USD, suggesting a positive outlook for the stock. The company's capital expenditure of -4.415 billion USD indicates ongoing investment in its operations. PepsiCo faces a medium level of liquidity risk, as indicated by its negative net cash position after subtracting total debt. The company's dilution risk is assessed as low, with no significant dilution potential in the near term. The company's risk assessment highlights the importance of monitoring its liquidity position and capital structure. Recent events, including analyst estimates and price targets, suggest a generally positive sentiment towards PepsiCo. The mean recommendation of 2.56 from analysts indicates a slight bias towards a buy rating. The company's recent financial performance and strategic initiatives are likely to influence its future direction.
Key takeaways
  • PepsiCo's strong return on equity and operating margin highlight its profitability and operational efficiency.
  • The company's capital structure is heavily leveraged, with a debt-to-equity ratio of 2.41.
  • Analysts have a generally positive outlook, with a mean price target of 171.25 USD.
  • PepsiCo's liquidity position is medium, with a negative net cash position after subtracting total debt.
  • The company's geographic diversification reduces its exposure to any single market.
  • PepsiCo's capital expenditure indicates ongoing investment in its operations.
  • --
  • ## RATIONALES
Financial snapshot
PeriodHA-latest
CurrencyUSD
Revenue$93.92B
Gross profit$51.15B
Operating income$11.20B
Net income$8.24B
R&D
SG&A
D&A
SBC
Operating cash flow$12.09B
CapEx-$4.42B
Free cash flow-$462.0M
Total assets$107.40B
Total liabilities$86.99B
Total equity$20.41B
Cash & equivalents$9.16B
Long-term debt$49.18B
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY0$93.92B$11.20B$8.24B-$462.0M
FY-1$91.85B$12.58B$9.58B$239.0M
FY-2$91.47B$11.97B$9.07B-$97.0M
FY-3$86.39B$11.17B$8.91B$448.0M
FY-4$79.47B$11.14B$7.62B$139.0M
PeriodGross %Op %Net %FCF %
FY0
FY-1
FY-2
FY-3
FY-4
PeriodAssetsEquityCashDebt
FY0$107.40B$20.41B$9.16B
FY-1$99.47B$18.04B$8.51B
FY-2$100.50B$18.50B$9.71B
FY-3$92.19B$17.15B$4.95B
FY-4$92.38B$16.04B$5.60B
PeriodOCFCapExFCFSBC
FY0$12.09B-$4.42B-$462.0M
FY-1$12.51B-$5.32B$239.0M
FY-2$13.44B-$5.52B-$97.0M
FY-3$10.81B-$5.21B$448.0M
FY-4$11.62B-$4.62B$139.0M
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ0$19.44B$3.21B$2.33B$667.0M
FQ-1$29.34B$3.27B$2.54B-$326.0M
FQ-2$23.94B$3.57B$2.60B$501.0M
FQ-3$22.73B$1.79B$1.26B-$679.0M
FQ-4$17.92B$2.57B$1.83B$42.0M
FQ-5$27.78B$1.98B$1.52B-$2.19B
FQ-6$23.32B$3.85B$2.93B$832.0M
FQ-7$22.50B$4.04B$3.08B$1.16B
PeriodGross %Op %Net %FCF %
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodAssetsEquityCashDebt
FQ0$110.65B$21.38B$10.47B
FQ-1$107.40B$20.41B$9.16B
FQ-2$106.56B$19.39B$8.13B
FQ-3$105.34B$18.42B$7.63B
FQ-4$101.74B$18.39B$8.27B
FQ-5$99.47B$18.04B$8.51B
FQ-6$100.51B$19.45B$7.31B
FQ-7$99.53B$19.45B$6.35B
PeriodOCFCapExFCFSBC
FQ0$41.0M-$447.0M$667.0M
FQ-1$12.09B-$4.42B-$326.0M
FQ-2$5.47B-$2.50B$501.0M
FQ-3$996.0M-$1.51B-$679.0M
FQ-4-$973.0M-$603.0M$42.0M
FQ-5$12.51B-$5.32B-$2.19B
FQ-6$6.22B-$2.85B$832.0M
FQ-7$1.31B-$1.70B$1.16B
Valuation
Market price$154.43
Market cap$211.07B
Enterprise value$251.09B
P/E25.6
Reported non-GAAP P/E
EV/Revenue2.7
EV/Op income22.4
EV/OCF20.8
P/B10.3
P/Tangible book10.3
Tangible book$20.41B
Net cash-$40.02B
Current ratio
Debt/Equity2.4
ROA7.7%
ROE40.4%
Cash conversion1.5%
CapEx/Revenue-4.7%
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskMedium
  • Net cash is negative after subtracting total debt.
Industry benchmarks
Activity: Food & Beverages · cohort 1 companies
MetricPEPActivity
Op margin11.9%-17.9% medp25 -17.9% · p75 -17.9%top quartile
Net margin8.8%-16.4% medp25 -16.4% · p75 -16.4%top quartile
Gross margin54.5%32.8% medp25 32.8% · p75 32.8%top quartile
CapEx / revenue-4.7%9.6% medp25 9.6% · p75 9.6%bottom quartile
Debt / equity241.0%37.8% medp25 37.8% · p75 37.8%top quartile
Observations
IR observations
Mean price target171.25 USD
Median price target173.00 USD
High price target195.00 USD
Low price target130.00 USD
Mean recommendation2.56 (1=strong buy, 5=strong sell)
Strong-buy count2.00
Buy count8.00
Hold count14.00
Sell count1.00
Strong-sell count0.00
Mean EPS estimate8.66 USD
Last actual EPS8.14 USD
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-05-01 02:44 UTC#a3957ef3
Market quoteclose USD 154.43 · shares 1.37B diluted
no public URL
2026-05-01 02:44 UTC#db1a7d5f
Source: analysis-pipeline (hybrid)Generated: 2026-05-01 02:45 UTCJob: 4da35c45