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    P

    PepsiCo Inc (PEP)

    Official site

    CONSUMER DEFENSIVE • BEVERAGES - NON-ALCOHOLIC • NASDAQ

    $128.38
    -0.89 (-0.69%)

    Market Cap: $176.16B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    98%(39/40)
    Avg Surprise
    +3.77%
    Streak
    6 Q

    Upcoming Estimates

    Period ending Dec 31, 2026
    EPS Consensus$2.50
    Range$2.38 - $2.62
    23 analysts
    Revenue Consensus
    $31.0B
    Range$30.1B - $31.9B
    21 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$2.50---
    Sep 26
    Reported Oct 8
    		$2.34$2.29+2.18%Beat+2.2%
    Jun 26
    Reported Jul 9
    		$2.20$2.19+0.46%Beat+3.8%
    Mar 26
    Reported Apr 16
    		$1.61$1.55+3.87%Beat+8.8%
    Dec 25
    Reported Feb 3
    		$2.26$2.24+0.89%Beat+15.3%
    Sep 25
    Reported Oct 9
    		$2.29$2.26+1.33%Beat-0.9%
    Jun 25
    Reported Jul 17
    		$2.12$2.03+4.43%Beat-7.0%
    Mar 25
    Reported Apr 24
    		$1.48$1.49-0.67%Miss-8.1%
    Dec 24
    Reported Feb 4
    		$1.96$1.95+0.51%Beat+10.1%
    Sep 24
    Reported Oct 8
    		$2.31$2.29+0.87%Beat+2.7%
    Jun 24
    Reported Jul 11
    		$2.28$2.16+5.56%Beat+9.1%
    Mar 24
    Reported Apr 23
    		$1.61$1.52+5.92%Beat+7.3%
    Dec 23
    Reported Feb 9
    		$1.78$1.72+3.49%Beat+6.6%
    Sep 23
    Reported Oct 10
    		$2.25$2.15+4.65%Beat+14.2%
    Jun 23
    Reported Jul 13
    		$2.09$1.96+6.63%Beat+12.4%
    Mar 23
    Reported Apr 25
    		$1.50$1.39+7.91%Beat+16.3%
    Dec 22
    Reported Feb 9
    		$1.67$1.65+1.21%Beat+9.2%
    Sep 22
    Reported Oct 12
    		$1.97$1.85+6.49%Beat+10.1%
    Jun 22
    Reported Jul 12
    		$1.86$1.74+6.90%Beat+8.1%
    Mar 22
    Reported Apr 26
    		$1.29$1.23+4.88%Beat+6.6%
    Dec 21
    Reported Feb 10
    		$1.53$1.52+0.66%Beat+4.1%
    Sep 21
    Reported Oct 5
    		$1.79$1.73+3.47%Beat+7.8%
    Jun 21
    Reported Jul 13
    		$1.72$1.53+12.42%Beat+30.3%
    Mar 21
    Reported Apr 15
    		$1.21$1.12+8.04%Beat+13.1%
    Dec 20
    Reported Feb 11
    		$1.47$1.46+0.68%Beat+1.4%
    Sep 20
    Reported Oct 1
    		$1.66$1.49+11.41%Beat+6.4%
    Jun 20
    Reported Jul 13
    		$1.32$1.25+5.60%Beat-14.3%
    Mar 20
    Reported Apr 28
    		$1.07$1.03+3.88%Beat+10.3%
    Dec 19
    Reported Feb 13
    		$1.45$1.44+0.69%Beat-2.7%
    Sep 19
    Reported Oct 3
    		$1.56$1.51+3.31%Beat-1.9%
    Jun 19
    Reported Jul 9
    		$1.54$1.51+1.99%Beat-4.3%
    Mar 19
    Reported Apr 17
    		$0.97$0.93+4.30%Beat+1.0%
    Dec 18
    Reported Feb 15
    		$1.49$1.49+0.00%Beat+13.7%
    Sep 18
    Reported Oct 2
    		$1.59$1.57+1.27%Beat+7.4%
    Jun 18
    Reported Jul 10
    		$1.61$1.53+5.23%Beat+7.3%
    Mar 18
    Reported Apr 26
    		$0.96$0.93+3.23%Beat+2.1%
    Dec 17
    Reported Feb 13
    		$1.31$1.30+0.77%Beat+9.2%
    Sep 17
    Reported Oct 4
    		$1.48$1.43+3.50%Beat-
    Jun 17
    Reported Jul 11
    		$1.50$1.40+7.14%Beat-
    Mar 17
    Reported Apr 26
    		$0.94$0.92+2.17%Beat-
    Dec 16
    Reported Feb 15
    		$1.20$1.16+3.45%Beat-

    Dividends

    Dividend Metrics

    Forward Yield4.61%
    Forward Annual Dividend$5.92
    Payout Ratio72.20%
    FrequencyQuarterly
    Pay MonthsJan, Mar, Jun, Sep

    Growth

    3Y CAGR+7.51%
    5Y CAGR+6.93%
    PEP dividend history and ex-dividend datesRun PEP in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio15.27EV/EBITDA11.07x
    Price/FCF16.72xFCF Yield5.98%
    Profitability
    Profit Margin11.10%Operating Margin16.90%
    ROE52.20%ROIC16.28%
    Financial Health
    Debt/Equity2.33xInterest Coverage13.66x
    Current Ratio0.94xQuick Ratio0.76x
    Trading Statistics
    Beta0.36Avg Volume10.57M
    52-Week High$166.4152-Week Low$123.47

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$126.69
    SMA 20$127.70
    SMA 50$133.98
    SMA 200$144.50
    EMA 10$127.55
    EMA 20$128.69
    EMA 50$132.44
    EMA 200$140.22

    MACD

    Line: -1.89Signal: -2.46Hist: 0.57

    ADX

    ADX: 25.8+DI: 27.4-DI: 16.7

    Aroon & PSAR

    Aroon Up8.0
    Aroon Down76.0
    PSAR$124.05

    Bollinger Bands

    Upper Band$131.50
    Lower Band$123.89
    %B Position596%(Upper)
    Band Width0.59

    RSI (14-Day)

    Neutral
    45.9

    Momentum Oscillators

    Stoch %K63.2
    Stoch %D54.5
    Williams %R-49.2
    ROC (10d)2.2%
    Momentum2.78
    CCI (20d)82.4
    MFI (14d)56.8

    Volatility Measures

    ATR (14d)$2.74(2.1%)
    StdDev (20d)1.90
    Hist Vol22.7%(Moderate)

    Volume Flow

    VWAP$129.59
    OBV-165.2M
    AD Line-5.9B
    CMF (20d)-0.032

    Volume Metrics

    Avg Vol (20d)10.8M
    Vol Ratio1.1x
    VWMA (20d)$127.80

    Pivot Points

    R3$132.18
    R2$130.77
    R1$130.02
    Pivot Point$128.61
    S1$127.86
    S2$126.45
    S3$125.70

    Advanced Oscillators

    TSI-23.40
    Ultimate Osc46.4
    KST-67.85

    Financial Data

    QuarterAug 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
    Total Revenue$25.27B$24.18B$19.44B$29.34B$23.94B$22.73B$17.92B$27.78B$23.32B$22.50B$18.25B$27.85B
    Cost of Revenue$11.52B$11.07B$8.71B$13.72B$11.11B$10.30B$7.93B$13.18B$10.40B$9.92B$8.25B$13.10B
    Gross Profit$13.75B$13.11B$10.73B$15.62B$12.82B$12.42B$9.99B$14.60B$12.92B$12.58B$10.00B$14.75B
    Operating Expenses$9.49B$9.09B$7.52B$12.06B$9.26B$10.63B$7.41B$12.35B$9.05B$8.53B$7.29B$13.07B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$9.49B$9.09B$7.52B$12.06B$9.12B$8.77B$7.41B$12.34B$9.03B$8.53B$7.29B$12.14B
    Operating Income$4.26B$4.02B$3.21B$3.56B$3.57B$1.79B$2.58B$2.25B$3.87B$4.05B$2.72B$1.68B
    Interest Income$-114,000,000$59.00M$0$0$26.00M$42.00M$23.00M$0$41.00M$0$0$0
    Interest Expense$242.00M$230.00M$301.00M$333.00M$264.00M$260.00M$264.00M$264.00M$219.00M$234.00M$202.00M$217.00M
    Income Before Tax$3.90B$3.85B$2.97B$3.00B$3.33B$1.57B$2.34B$1.81B$3.69B$3.87B$2.57B$1.53B
    Income Tax Expense$834.00M$848.00M$632.00M$445.00M$713.00M$292.00M$499.00M$275.00M$749.00M$776.00M$520.00M$209.00M
    Net Income$3.07B$3.00B$2.34B$2.56B$2.62B$1.28B$1.84B$1.53B$2.94B$3.09B$2.05B$1.32B
    EBITDA$5.34B$5.11B$4.17B$4.93B$4.57B$2.77B$3.41B$3.51B$4.77B$4.99B$3.54B$2.91B
    EBIT$4.26B$4.02B$3.27B$3.56B$3.57B$1.79B$2.58B$2.25B$3.87B$4.10B$2.77B$1.75B
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $39368
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    1
    New Awards (TTM)
    0
    Avg Remaining Term
    N/A

    Top agency: Department of Defense at 100.0% of trailing twelve month obligations across 1 agencies

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    KFC is replacing Pepsi with Coca-Cola at US restaurants

    KFC is ending its nearly four-decade partnership with PepsiCo in the U.S. and will begin serving Coca-Cola products at its approximately 3,700 U.S. restaurants starting in January 2027. This strategic shift aims...

    Yahoo Finance•10/16/26•Bearish

    Coca-Cola FEMSA stock trades at a 18.56 price-to-earnings ratio

    Coca-Cola FEMSA (KOF) stock trades at a price-to-earnings ratio of 18.56, serving 276 million consumers through 2.2 million points of sale...

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    Leftovers: Ghirardelli bites into Dubai chocolate | PepsiCo’s Flamin’ Hot spices up Pilgrim’s chicken

    Ghirardelli has launched new Dubai-style chocolate squares featuring pistachio filling and crispy kataifi pastry...

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    KFC Signs Deal With New Soda Supplier in a Blow for PepsiCo

    KFC has announced a new partnership with Coca-Cola to be its exclusive soda supplier in U.S. stores, starting in January 2027. This move ends KFC's long-standing relationship of approximately four decades with PepsiCo....

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    PEP Valuation and Fair Value

    P/E
    15.3x
    Forward P/E
    14.9x
    EV/EBITDA
    11.1x
    P/FCF
    16.7x
    PEG
    1.4x
    P/B
    7.9x
    See GNG's fair value

    PEP Profitability: Margins, ROIC and FCF

    Gross margin
    54.2%
    Operating margin
    16.9%
    Net margin
    11.1%
    ROIC
    16.3%
    ROE
    52.2%
    FCF margin
    10.7%
    FCF yield
    6.0%

    PEP Competitors

    CompanyTicker
    Philip Morris International IncPM
    Anheuser Busch Inbev NV ADRBUD
    Procter & Gamble CompanyPG
    Unilever PLC ADRUL
    The Coca-Cola CompanyKO
    Altria GroupMO
    Costco Wholesale CorpCOST
    British American Tobacco p.l.c.BTI

    Sector: Consumer Defensive

    PEP Analyst Ratings

    Consensus
    Hold
    Analysts
    24
    Strong Buy
    2
    Buy
    3
    Hold
    18
    Sell
    1
    Strong Sell
    0

    PEP Bull Case vs Bear Case

    Bull case

    • PEP earns a 16.3% return on invested capital.
    • PEP beat EPS estimates in 87.5% of its last 8 reported quarters.

    Bear case

    • PEP has a debt-to-equity ratio of 2.3x.

    PEP Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    1.6%
    EPS estimate (fiscal period ending Dec 31, 2026)
    $2.50

    PEP Dividend

    Forward yield
    4.6%
    Payout ratio
    72.2%
    3Y DPS growth
    7.5%
    5Y DPS growth
    6.9%
    Pay months
    Jan, Mar, Jun, Sep
    PEP dividend history

    Frequently Asked Questions About PEP

    What is PEP's current dividend yield?

    PepsiCo Inc (PEP) has a forward dividend yield of 4.61%.

    Does PEP pay dividends?

    Yes, PepsiCo Inc pays dividends with a forward dividend yield of 4.61%.

    What is PEP's P/E ratio?

    PepsiCo Inc has a price-to-earnings (P/E) ratio of 15.27.

    What is PEP's market cap?

    PepsiCo Inc (PEP) has a market capitalization of $176.16B with a current stock price of $128.38.

    Related stocks

    Sector: Consumer Defensive

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