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PepsiCo PEP Non-Controlling Interests

Non-Controlling Interests at other companies

Campbell Soup logo
Campbell SoupCPB
$2M0.0%
Coca-Cola logo
Coca-ColaKO
$2.17B+35.6%
General Mills logo
General MillsGIS
$12.2M+1.7%
Mondelez International logo
Mondelez InternationalMDLZ
$53M
Keurig Dr Pepper logo
Keurig Dr PepperKDP
$4.2B
POS
Post HoldingsPOST
$11.2M+4.7%

Other financials

Income statement

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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

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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

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Operating cash flow$2.4B+137%
CapEx$1.3B-16.0%
Free cash flow$1.1B+315%

Valuation

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Market cap$189.75B-4.3%
Enterprise value$232.66B-3.9%
P/E18.2×-8.1×
P/S-0.2×

Profitability

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Gross margin54%-0.5pp
Operating margin14.8%+3.4pp
Net margin10.8%+2.6pp
FCF margin10.8%+3.0pp

Returns & leverage

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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:MinorityInterest.

The source filing: PepsiCo’s 10-Q, filed July 8, 2026.

Filed
Jul 8, 2026, 1:52 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000077476-26-000035
Line item(Unaudited) / 6/13/202612/27/2025
Capital in excess of par value4,4474,451
Retained earnings74,11672,788
Accumulated other comprehensive loss(14,343)(15,024)
Repurchased common stock, in excess of par value (501 and 500 shares, respectively)(42,145)(41,832)
Total PepsiCo Common Shareholders’ Equity22,09820,406
Noncontrolling interests172141
Total Equity22,27020,547
Total Liabilities and Equity$112,189$107,399

ITEM 1. Condensed Consolidated Financial Statements.

FAQ

What is PepsiCo's non-controlling interests?
PepsiCo (PEP) reported non-controlling interests of $172M in Q2 2026.
How has PepsiCo's non-controlling interests changed year-over-year?
PepsiCo's non-controlling interests increased by 22.0% year-over-year, from $141M to $172M.
What is the long-term trend for PepsiCo's non-controlling interests?
Over 5 years (2020 to 2025), PepsiCo's non-controlling interests has grown at a 7.5% compound annual growth rate (CAGR), from $98M to $141M.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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