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PEP

PepsiCo

Consumer StaplesBeveragesS&P 500
Ticker PEPPURCHASE, NYFiscal year ends DecemberBook value per share $16.28Diluted shares 1.4B

PepsiCo, Inc. (Nasdaq: PEP) is a global beverage and convenient food company that makes, markets, distributes and sells products through its own operations, authorized bottlers, contract manufacturers and other third parties in more than 200 countries and territories. Its portfolio includes Lay’s, Doritos, Cheetos,… From the company’s description.

In fiscal 2025, PepsiCo reported revenue of $93.92B, up 2.3% from fiscal 2024, and net income of $8.29B. Its operating margin was 12.2%, and operations generated $12.09B in cash. Over the twelve months to Sep 5, 2026, revenue was $98.24B.

Fiscal year 2025 · ends 12-26Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-05
Sales & profitability
$93.92BFY2025
+2.3% year over year
Last 12 mo $98.24B
12.24%FY2025
−1.8 percentage points
Last 12 mo 15.32%
$8.29BFY2025
−13.8% year over year
Last 12 mo $10.97B
48.29%FY2025
−4.9 percentage points
Last 12 mo 48.88%
Cash & financing
$12.09BFY2025
−3.4% year over year
Last 12 mo $14.57B
$7.67BFY2025
+6.7% year over year
Last 12 mo $10.47B
2.41FY2025
Was 2.46× a year earlier
Last 12 mo 2.33
1.4BFY2025
−0.4% year over year
Last 12 mo 1.4B

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What PepsiCo does

In the company’s own words

PepsiCo, Inc. (Nasdaq: PEP) is a global beverage and convenient food company that makes, markets, distributes and sells products through its own operations, authorized bottlers, contract manufacturers and other third parties in more than 200 countries and territories. Its portfolio includes Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker and SodaStream. Customers include retailers, foodservice businesses, distributors and independent bottlers; products reach consumers through direct-store-delivery, warehouses, distributors and e-commerce. PepsiCo has six reportable segments: PepsiCo Foods North America; PepsiCo Beverages North America; International Beverages Franchise, including SodaStream; Europe, Middle East and Africa; Latin America Foods; and Asia Pacific Foods. The segments cover food and beverage businesses across North America and international markets, with beverage bottling operations included in certain segments. As of December 27, 2025, the company employs approximately 306,000 people worldwide. Its website is https://www.pepsico.com.

Company details
Sector
Consumer Staples
Industry (SIC)
Beverages
Headquarters
PURCHASE, NY
Fiscal year end
December
CIK
77476
SIC
2080

Financial performance, year by year

Fiscal 2013–2025 · USD
$-9.82B$19.65B$49.12B$78.59B$108.07B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns PepsiCo — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

1.3K
funds hold it
3 of 35
superinvestors hold it
$56.75B
held by funds, at market
29.5%
of shares held by funds
61
bond issues held by funds

Superinvestors in PepsiCo · what they did last quarter

Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
0.1%of 13F portfolio
Tom RussoDECREASED -1.0%
Gardner Russo & Quinn
<0.1%of 13F portfolio
Bill NygrenINCREASED +21.0%
Harris Associates (Oakmark)
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · PepsiCo’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.26%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.29%of fund net assets
0.80%of fund net assets
Schwab U.S. Dividend Equity ETF
SCHD · SCHWAB STRATEGIC TRUST
3.44%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.29%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

PepsiCo’s bonds, as funds hold them

Funds report holding 61 issues of PepsiCo’s debt, $2.86B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.68%, maturing 2026 to 2060.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do PepsiCo and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of PepsiCo's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in PepsiCo's last four quarterly filings that the numbers alone won't show?”
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