PepsiCo

PEP · NASDAQ · USD

$125.89+0.23%+$0.29

Close · October 2, 2026

At a glance

Revenue growth: +2.25%; 2025 vs 2024
Net income growth: −13.97%; 2025 vs 2024
Net margin: 8.8%; 2024: 10.4%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total assets	107,399	99,467	100,495	92,187	92,377	92,918	78,547	77,648	79,804	73,490
Current assets	27,949	25,826	26,950	21,539	21,783	23,001	17,645	21,893	31,027	26,450
Cash and equivalents	9,159	8,505	9,711	4,954	5,596	8,185	5,509	8,721	10,610	9,158
Short-term investments	371	761	292	394	392	1,366	229	272	8,900	6,967
Receivables	11,506	10,333	10,815	10,163	8,680	8,404	7,822	7,142	7,024	6,694
Inventory	5,845	5,306	5,334	5,222	4,347	4,172	3,338	3,128	2,947	2,723
Net property, plant and equipment	33,650	31,391	29,944	26,664	24,427	23,039	20,853	17,589	17,240	16,591
Goodwill	18,916	17,534	17,728	18,202	18,381	18,757	15,501	14,808	14,744	14,430
Other intangible assets	15,066	14,801	14,929	15,586	18,665	19,315	16,043	15,825	13,838	13,433
Long-term investments	4,564	3,331	4,330	3,886	2,627	2,792	2,683	2,409	2,042	1,950
Current liabilities	32,764	31,536	31,647	26,785	26,220	23,372	20,461	22,138	20,502	21,135
Accounts payable	11,704	10,997	11,635	10,732	9,834	8,853	8,013	7,213	6,727	6,158
Long-term debt	42,321	37,224	37,595	35,657	36,026	40,370	29,148	28,295	33,796	30,053
Total debt	50,197	44,673	44,475	41,169	41,942	45,421	33,556	32,248	37,816	34,454
Total liabilities	86,852	81,296	81,858	74,914	76,226	79,366	63,679	63,046	68,823	62,291
Total equity (incl. minority)	20,547	18,171	18,637	17,273	16,151	13,552	14,868	14,602	11,178	11,391
Retained earnings	72,788	72,266	70,035	67,800	65,165	63,443	61,946	59,947	52,839	52,518
Minority interest	141	130	134	124	108	98.0	82.0	84.0	92.0	104