PepsiCo Past Earnings Performance
Past criteria checks 1/6
PepsiCo has been growing earnings at an average annual rate of 4.2%, while the Beverage industry saw earnings growing at 7.6% annually. Revenues have been growing at an average rate of 6.5% per year. PepsiCo's return on equity is 41%, and it has net margins of 8.2%.
Key information
4.18%
Earnings growth rate
4.41%
EPS growth rate
| Beverage Industry Growth | 4.39% |
| Revenue growth rate | 6.49% |
| Return on equity | 40.96% |
| Net Margin | 8.23% |
| Last Earnings Update | 14 Jun 2025 |
Recent past performance updates
Recent updates
A 6% Pop Can't Fix PepsiCo's Bigger Problems
Jul 17Unpleasant Surprises Could Be In Store For PepsiCo, Inc.'s (NASDAQ:PEP) Shares
Jun 30
PepsiCo's (NASDAQ:PEP) Dividend Will Be Increased To $1.42
May 20Here's Why Shareholders Should Examine PepsiCo, Inc.'s (NASDAQ:PEP) CEO Compensation Package More Closely
Apr 30PepsiCo: I'm Not Interested In This Falling Knife (Sell Reiterated)
Apr 26PepsiCo, Inc. (NASDAQ:PEP) Shares Could Be 37% Below Their Intrinsic Value Estimate
Mar 20PepsiCo: Staples Back In Favor, This Is My Pick (Rating Upgrade)
Mar 12PepsiCo's Recent Selloff Is A Huge Gift For Long-Term Investors
Feb 21Why PepsiCo's (NASDAQ:PEP) Earnings Are Better Than They Seem
Feb 17Pepsi: The Market Can't Keep Ignoring It
Feb 04There's Reason For Concern Over PepsiCo, Inc.'s (NASDAQ:PEP) Price
Jan 29PepsiCo Vs. Coca-Cola: How Valuation And Diversification Favor PepsiCo
Jan 26PepsiCo: A Blue-Chip Stalwart Capable Of Funding And Growing Its Dividend
Jan 20Capital Investments At PepsiCo (NASDAQ:PEP) Point To A Promising Future
Dec 30PepsiCo: Example Of What's Wrong With Dividend Stocks
Dec 20PepsiCo: Appeal Improves Despite Concerns
Dec 07
Fair - Optimistic
Automation of the supply chain.PepsiCo: Loading Up 3.4% Dividend
Nov 20PepsiCo (NASDAQ:PEP) Has A Pretty Healthy Balance Sheet
Nov 18PepsiCo, Inc. (NASDAQ:PEP) Shares Could Be 43% Below Their Intrinsic Value Estimate
Nov 04PepsiCo: Likely To Trade Rangebound Until Growth Is Apparent
Oct 27PepsiCo: Where Will Growth Come From?
Oct 19
Expanding Global Flavors And Automation Propel Snack Innovator Into New Growth Horizons
Expansion into diverse product lines and healthier snacks targets growth by appealing to new and shifting consumer preferences.PepsiCo Q3 Results Preview: Company's EPS Streak Potentially Under Threat
Oct 03Here's Why We Think PepsiCo (NASDAQ:PEP) Might Deserve Your Attention Today
Sep 24Sip, Snack, And Stack Dividends With PepsiCo
Sep 17PepsiCo, Inc.'s (NASDAQ:PEP) Business Is Yet to Catch Up With Its Share Price
Sep 12Many Would Be Envious Of PepsiCo's (NASDAQ:PEP) Excellent Returns On Capital
Aug 31PepsiCo Occupies Sweet Spot With Dividend Growth
Aug 26PepsiCo (NASDAQ:PEP) Has A Pretty Healthy Balance Sheet
Aug 19PepsiCo: Growth Reacceleration Should Drive Stock Price Higher
Aug 16Is PepsiCo, Inc. (NASDAQ:PEP) Trading At A 36% Discount?
Aug 05Pepsi: Not The Greatest Execution
Jul 24PepsiCo: A Blue-Chip, Defensive Business With An Attractive Yield
Jul 15PepsiCo: Still Looking For The Fizz, But Results Are Falling Flat
Jul 02PepsiCo: Undervalued, It Is Time To Add Shares
Jun 25PepsiCo: This Dividend King Just Triggered A Strong Buy Signal
Jun 17PepsiCo: Doubling Down On This Dividend Growth Stock
May 16PepsiCo: Reliable Earnings And Shareholder Accretive Moves, Reiterate Buy
Apr 15PepsiCo: Looking For The Fizz
Mar 27Revenue & Expenses Breakdown
How PepsiCo makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 14 Jun 25 | 91,748 | 7,550 | 35,421 | 813 |
| 22 Mar 25 | 91,523 | 9,370 | 35,279 | 813 |
| 28 Dec 24 | 91,854 | 9,578 | 35,235 | 813 |
| 07 Sep 24 | 91,920 | 9,357 | 35,398 | 804 |
| 15 Jun 24 | 92,054 | 9,519 | 35,309 | 804 |
| 23 Mar 24 | 91,875 | 9,184 | 35,168 | 804 |
| 30 Dec 23 | 91,471 | 9,074 | 34,951 | 804 |
| 09 Sep 23 | 91,617 | 8,290 | 35,453 | 771 |
| 17 Jun 23 | 90,135 | 7,900 | 34,927 | 771 |
| 25 Mar 23 | 88,038 | 6,581 | 34,075 | 771 |
| 31 Dec 22 | 86,392 | 8,910 | 32,954 | 771 |
| 03 Sep 22 | 83,644 | 9,714 | 31,234 | 752 |
| 11 Jun 22 | 81,862 | 9,236 | 30,636 | 752 |
| 19 Mar 22 | 80,854 | 10,165 | 30,234 | 752 |
| 25 Dec 21 | 79,474 | 7,618 | 29,814 | 752 |
| 04 Sep 21 | 76,681 | 8,141 | 28,653 | 719 |
| 12 Jun 21 | 74,583 | 8,208 | 27,913 | 719 |
| 20 Mar 21 | 71,311 | 7,496 | 27,107 | 719 |
| 26 Dec 20 | 70,372 | 7,120 | 26,993 | 719 |
| 05 Sep 20 | 68,557 | 7,041 | 26,597 | 711 |
| 13 Jun 20 | 67,654 | 6,850 | 26,317 | 711 |
| 21 Mar 20 | 68,158 | 7,239 | 26,232 | 711 |
| 28 Dec 19 | 67,161 | 7,314 | 25,749 | 711 |
| 07 Sep 19 | 66,045 | 12,402 | 24,989 | 680 |
| 15 Jun 19 | 65,342 | 12,800 | 24,626 | 680 |
| 23 Mar 19 | 64,983 | 12,585 | 24,167 | 680 |
| 29 Dec 18 | 64,661 | 12,513 | 24,227 | 680 |
| 08 Sep 18 | 64,663 | 4,948 | 23,892 | 737 |
| 16 Jun 18 | 64,418 | 4,593 | 23,760 | 737 |
| 24 Mar 18 | 64,038 | 4,878 | 23,637 | 737 |
| 30 Dec 17 | 63,525 | 4,853 | 23,366 | 737 |
| 09 Sep 17 | 63,514 | 6,962 | 23,279 | 760 |
| 17 Jun 17 | 63,301 | 6,810 | 23,133 | 760 |
| 25 Mar 17 | 62,986 | 6,709 | 23,103 | 760 |
| 31 Dec 16 | 62,799 | 6,323 | 23,584 | 760 |
| 03 Sep 16 | 61,869 | 6,641 | 24,143 | 0 |
| 11 Jun 16 | 62,173 | 5,181 | 24,208 | 0 |
| 19 Mar 16 | 62,701 | 5,156 | 24,401 | 0 |
| 26 Dec 15 | 63,056 | 5,446 | 23,562 | 754 |
| 05 Sep 15 | 64,419 | 5,037 | 24,834 | 0 |
| 13 Jun 15 | 65,306 | 6,511 | 25,178 | 0 |
| 21 Mar 15 | 66,277 | 6,508 | 25,556 | 0 |
| 27 Dec 14 | 66,683 | 6,503 | 25,287 | 0 |
| 06 Sep 14 | 66,853 | 6,935 | 25,335 | 0 |
Quality Earnings: PEP has a large one-off loss of $3.6B impacting its last 12 months of financial results to 14th June, 2025.
Growing Profit Margin: PEP's current net profit margins (8.2%) are lower than last year (10.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PEP's earnings have grown by 4.2% per year over the past 5 years.
Accelerating Growth: PEP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PEP had negative earnings growth (-20.7%) over the past year, making it difficult to compare to the Beverage industry average (-7.2%).
Return on Equity
High ROE: Whilst PEP's Return on Equity (40.96%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/21 09:02 |
| End of Day Share Price | 2025/07/18 00:00 |
| Earnings | 2025/06/14 |
| Annual Earnings | 2024/12/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
PepsiCo, Inc. is covered by 60 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Michael Branca | Barclays |