What is PepsiCo's goodwill?

PepsiCo (PEP) reported goodwill of $19.09B in Q2 2026.

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

PepsiCo's goodwill increased by 0.7% year-over-year, from $18.95B to $19.09B.

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

Over 5 years (2020 to 2025), PepsiCo's goodwill has grown at a 0.2% compound annual growth rate (CAGR), from $18.76B to $18.92B.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

PepsiCo PEP Goodwill

Goodwill at other companies

Campbell SoupCPB

$4.99B0.0%

Coca-ColaKO

$15.41B-15.9%

Conagra BrandsCAG

$8.12B-22.7%

General MillsGIS

$14.12B-9.6%

HersheyHSY

$2.99B+10.6%

National BeverageFIZZ

$13.15M0.0%

Other financials

Income statement

See full

Revenue$24.2B+6.4%

Gross profit$13.1B+5.5%

Operating income$4.0B+125%

Net income$3.0B+136%

EPS (diluted)$2.18+137%

Balance sheet

See full

Cash & equivalents$10.3B+33.6%

Total debt$53.2B+3.6%

Total equity$22.1B+20.0%

Total assets$112.19B+6.5%

Cash flow

See full

Operating cash flow$2.4B+137%

CapEx$1.3B-16.0%

Free cash flow$1.1B+315%

Valuation

See full

Market cap$184.19B-6.9%

Enterprise value$227.1B-6.0%

P/E17.6×-8.6×

P/S1.9×-0.3×

Profitability

See full

Gross margin54%-0.5pp

Operating margin14.8%+3.4pp

Net margin10.8%+2.6pp

FCF margin10.8%+3.0pp

Returns & leverage

See full

Return on equity51.6%+11.7pp

Debt / equity2.4×-0.4×

Current ratio0.9×+0.2×

Where this comes from

Reported directly by PepsiCo in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: PepsiCo’s 10-Q, filed July 8, 2026, on SEC EDGAR. View the filing →

Ask your AI about PepsiCo's goodwill.

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

Connect your AI

Claude

Questions, answered.

What is PepsiCo's goodwill?: PepsiCo (PEP) reported goodwill of $19.09B in Q2 2026.
How has PepsiCo's goodwill changed year-over-year?: PepsiCo's goodwill increased by 0.7% year-over-year, from $18.95B to $19.09B.
What is the long-term trend for PepsiCo's goodwill?: Over 5 years (2020 to 2025), PepsiCo's goodwill has grown at a 0.2% compound annual growth rate (CAGR), from $18.76B to $18.92B.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.