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PepsiCo PEP International Beverage Franchise — Segment selling, general and administrative expenses

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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 pep:SegmentSellingGeneralAndAdministrativeExpenses.

The source filing: PepsiCo’s 10-K, filed February 3, 2026.

Filed
Feb 2, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0000077476-26-000007
Line item2025 / PFNA2025 / PBNA2025 / IB Franchise2025 / EMEA2025 / Lat Am Foods2025 / Asia Pacific Foods2025 / Total
Net revenue$27,528$28,197$4,997$18,025$10,549$4,629$93,925
Segment cost of sales (a)10,56412,9101,52910,4374,4802,850
Segment selling, general and administrative expenses (a)10,41912,0021,6125,0173,9251,315
Restructuring and impairment charges (b)344281141955212
Acquisition and divestiture-related charges (c)284223
Impairment and other charges (d)1,5237327080
Indirect tax impact (e)82
Pension and retiree medical-related impact (f)(30)

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

FAQ

What is PepsiCo's international beverage franchise — segment selling, general and administrative expenses?
PepsiCo (PEP) reported international beverage franchise — segment selling, general and administrative expenses of $403M in Q4 2025.
How has PepsiCo's international beverage franchise — segment selling, general and administrative expenses changed year-over-year?
PepsiCo's international beverage franchise — segment selling, general and administrative expenses decreased by 4.6% year-over-year, from $422.25M to $403M.
What is the long-term trend for PepsiCo's international beverage franchise — segment selling, general and administrative expenses?
Over 2 years (2023 to 2025), PepsiCo's international beverage franchise — segment selling, general and administrative expenses has grown at a -0.9% compound annual growth rate (CAGR), from $1.64B to $1.61B.
What does international beverage franchise — segment selling, general and administrative expenses mean?
This metric represents the total operating costs, excluding cost of goods sold, specifically allocated to the international beverage franchise segment. It encompasses marketing, advertising, administrative salaries, and general overhead required to support global beverage operations outside of the domestic market. Monitoring these expenses helps assess the operational efficiency and cost discipline of the international beverage business unit.

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