What is PepsiCo's capex?

PepsiCo (PEP) reported capex of $447M in Q1 2026.

How has PepsiCo's capex changed year-over-year?

PepsiCo's capex decreased by 25.9% year-over-year, from $603M to $447M.

What is the long-term trend for PepsiCo's capex?

Over 4 years (2021 to 2025), PepsiCo's capex has grown at a -0.1% compound annual growth rate (CAGR), from $4.63B to $4.61B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

PepsiCo PEP CapEx

CapEx at other companies

Campbell SoupCPB

$70M-17.6%

Coca-ColaKO

$266M-13.9%

Conagra BrandsCAG

$95.6M+7.7%

General MillsGIS

$184.4M-16.3%

HersheyHSY

$114.6M-21.3%

National BeverageFIZZ

$9.94M-35.7%

Segments

By segment

See full

PepsiCo Beverages North America$183M-26.2%

PepsiCo Foods North America$110M-43.6%

Europe, Middle East & Africa (Segment)$66M+32.0%

Latin America Foods (Segment)$41M-10.9%

Asia Pacific Foods (Segment)$16M-33.3%

International Beverage Franchise$9M-43.8%

Other financials

Income statement

See full

Revenue$19.4B+8.5%

Gross profit$10.7B+7.4%

Operating income$3.2B+24.4%

Net income$2.3B+26.9%

EPS (diluted)$1.70+27.8%

Balance sheet

See full

Cash & equivalents$10.6B+26.8%

Total debt$52.7B+8.7%

Total equity$21.4B+16.3%

Total assets$110.65B+8.8%

Cash flow

See full

Operating cash flow$41.0M+104%

Free cash flow-$406.0M+74.2%

Valuation

See full

Market cap$185.06B+12.1%

Enterprise value$227.24B+9.0%

P/E21.2×-0.7×

P/S1.9×+0.1×

Profitability

See full

Gross margin54.1%-0.7pp

Operating margin12.7%-1.2pp

Net margin9.1%-1.1pp

FCF margin9.3%+1.3pp

Returns & leverage

See full

Return on equity43.9%-6.1pp

Debt / equity2.5×-0.2×

Current ratio0.9×+0.1×

Where this comes from

Reported directly by PepsiCo in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: PepsiCo’s 10-Q, filed April 16, 2026, on SEC EDGAR. View the filing →

Ask your AI about PepsiCo's capex.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is PepsiCo's capex?: PepsiCo (PEP) reported capex of $447M in Q1 2026.
How has PepsiCo's capex changed year-over-year?: PepsiCo's capex decreased by 25.9% year-over-year, from $603M to $447M.
What is the long-term trend for PepsiCo's capex?: Over 4 years (2021 to 2025), PepsiCo's capex has grown at a -0.1% compound annual growth rate (CAGR), from $4.63B to $4.61B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.