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PepsiCo PEP Return on equity

Return on equity at other companies

Coca-Cola logo
Coca-ColaKO
45.8%+4.8pp
General Mills logo
General MillsGIS
23.8%-3.6pp
Hershey logo
HersheyHSY
18.9%-31.5pp
Monster Beverage logo
Monster BeverageMNST
26.7%+6.7pp
Mondelez International logo
Mondelez InternationalMDLZ
10.1%-3.1pp
Keurig Dr Pepper logo
Keurig Dr PepperKDP
7.4%+0.7pp

Other financials

Income statement

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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

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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

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Operating cash flow$41.0M+104%
CapEx$447.0M-25.9%
Free cash flow-$406.0M+74.2%

Valuation

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Market cap$193.52B+3.2%
Enterprise value$235.7B+3.5%
P/E22.2×+2.2×
P/S0.0×

Profitability

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Gross margin54.1%-0.7pp
Operating margin12.7%-1.2pp
Net margin9.1%-1.1pp

Returns & leverage

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Debt / equity2.5×-0.2×
Current ratio0.9×+0.1×

Where this comes from

Calculated from PepsiCo’s reported figures.

Based on trailing twelve months.

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

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Questions, answered.

What is PepsiCo's return on equity?
PepsiCo (PEP) reported return on equity of 43.9% in Q1 2026.
How has PepsiCo's return on equity changed year-over-year?
PepsiCo's return on equity decreased by 12.3% year-over-year, from 50.1% to 43.9%.
What is the long-term trend for PepsiCo's return on equity?
Over 4 years (2021 to 2025), PepsiCo's return on equity has grown at a -6.3% compound annual growth rate (CAGR), from 220.9% to 170%.
What does return on equity mean?
How much profit the company earns on the money shareholders have invested.
How do you interpret return on equity?
Higher is better, but very high ROE can be manufactured by leverage — a thin equity base inflates the ratio. Read it next to debt-to-equity and ROIC to tell genuine returns from balance-sheet engineering.
How does return on equity compare across companies?
Comparable across peers, with the leverage caveat. Negative or near-zero equity makes ROE meaningless, so it is suppressed there.