US · USD

PEP

PepsiCo Inc

$126.24-1.90% (-$2.45)Updated 10/1/26, 1:20 PM

Day's range: $126.70 – $129.98
Day's volume: $1.2B
52-week range: $126.24 – $165.45

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PEP in numbers

Market cap: $173B

P/B: 7.80

Dividend yield (12m): 4.60%

The 12-month dividend yield of PEP is 4.60%, above its 5-year average of 3.01%.

PEP price history

10/01/202510/01/2026

Compare with

PEP risk and return

Monthly closes adjusted for splits and distributions.

Metric	12 months	36 months	60 months
Return	-9.74%	-13.51%	-7.78%
Volatility (annualized)	21.03%	16.29%	16.08%
Largest drawdown	-23.07%	-23.07%	-26.74%
Positive months	6/12	17/36	29/60

How much did investing in PEP return?

Amount invested

$1,000.00 invested on 10/01/2021 would be worth $918.69 today.

Value today in PEP: $918.69

Return over the period: -8.13%

Return per year: -1.68%

In the S&P 500: $1,658.51

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

PEP fundamentals

Valuation

P/E
—
P/B
7.80
EV/EBITDA
—
EV/EBIT
—
EV/Revenue
—
P/EBIT
—
P/S
—
P/OCF
—
P/FCF
—
Earnings yield
—
PEG ratio
—
Earnings per share
—
Book value per share
$16.19

Debt

Net debt
$7.6B
Net debt/EBITDA
—
Net debt/Equity
0.34
Debt/Equity
0.83
Current ratio
0.93
Quick ratio
0.74
Cash ratio
0.31

What is PEP's fair price?

Two classic value formulas, with today's numbers. The current price is $126.24.

Graham's fair price: —; PEP's earnings per share and book value per share are not available, so the formula cannot be computed.

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price: $80.91; 35.91% below the price

$4.85 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

PEP's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator	2025	2024	2023	2022	2021	2020	2019	2018
P/E	23.80	21.77	25.73	27.93	31.55	28.74	25.97	12.40
P/B	9.61	11.56	12.62	14.51	14.98	15.21	12.84	10.69
EV/EBITDA	15.77	15.18	17.91	19.79	19.80	18.94	17.00	14.27
Dividend yield	3.87%	3.45%	2.84%	2.46%	2.42%	2.67%	2.76%	3.14%
Earnings per share	$6.03	$6.98	$6.60	$6.47	$5.51	$5.16	$5.26	$8.91
Book value per share	$14.93	$13.15	$13.46	$12.45	$11.60	$9.75	$10.64	$10.34
ROE	40.38%	53.09%	49.04%	51.96%	47.48%	52.92%	49.47%	86.20%
ROIC	15.50%	19.56%	18.27%	18.98%	17.32%	16.60%	19.76%	26.71%
Gross margin	54.15%	54.55%	54.21%	53.03%	53.35%	54.82%	55.13%	54.56%
EBITDA margin	15.92%	17.47%	16.33%	16.52%	17.45%	17.94%	18.94%	19.35%
Net margin	8.77%	10.43%	9.92%	10.31%	9.59%	10.12%	10.89%	19.35%
Net debt/EBITDA	2.65	2.18	2.28	2.36	2.48	2.74	2.07	1.86

PEP's financial statements

Line	2025	2024	2023	2022	2021	2020
Net revenue	$93.9B	$91.9B	$91.5B	$86.4B	$79.5B	$70.4B
Cost of revenue	-$43.1B	-$41.7B	-$41.9B	-$40.6B	-$37.1B	-$31.8B
Gross profit	$50.9B	$50.1B	$49.6B	$45.8B	$42.4B	$38.6B
EBITDA	$14.9B	$16B	$14.9B	$14.3B	$13.9B	$12.6B
EBIT	$11.5B	$12.9B	$12B	$11.5B	$11.2B	$10.1B
Financial result	—	—	—	—	—	—
Income before tax	$10.2B	$11.9B	$11.4B	$10.7B	$9.8B	$9.1B
Income tax	-$1.9B	-$2.3B	-$2.3B	-$1.7B	-$2.1B	-$1.9B
Net income	$8.2B	$9.6B	$9.1B	$8.9B	$7.6B	$7.1B

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does PEP pay dividends?

Dividend yield per year

2.60%2017
3.14%2018
2.76%2019
2.67%2020
2.42%2021
2.46%2022
2.84%2023
3.45%2024
3.87%2025
4.58%2026

Payment history
Type	Last day to own	Payment	Per share
Dividend	09/03/2026	09/30/2026	$1.48
Dividend	06/04/2026	06/30/2026	$1.48
Dividend	03/05/2026	03/31/2026	$1.42
Dividend	12/04/2025	01/06/2026	$1.42
Dividend	09/04/2025	09/30/2025	$1.42
Dividend	06/05/2025	06/30/2025	$1.42
Dividend	03/06/2025	03/31/2025	$1.36
Dividend	12/05/2024	01/06/2025	$1.36
Dividend	09/05/2024	09/30/2024	$1.36
Dividend	06/06/2024	06/28/2024	$1.36
Dividend	02/28/2024	04/01/2024	$1.27
Dividend	11/29/2023	01/05/2024	$1.27

See all 40 distributions

Earlier distributions
Type	Last day to own	Payment	Per share
Dividend	08/30/2023	09/29/2023	$1.27
Dividend	05/31/2023	06/30/2023	$1.27
Dividend	03/01/2023	03/31/2023	$1.15
Dividend	11/30/2022	01/06/2023	$1.15
Dividend	08/31/2022	09/30/2022	$1.15
Dividend	06/01/2022	06/30/2022	$1.15
Dividend	03/02/2022	03/31/2022	$1.08
Dividend	12/01/2021	01/07/2022	$1.08
Dividend	09/01/2021	09/30/2021	$1.08
Dividend	06/02/2021	06/30/2021	$1.08
Dividend	03/03/2021	03/31/2021	$1.02
Dividend	12/02/2020	01/07/2021	$1.02
Dividend	09/02/2020	09/30/2020	$1.02
Dividend	06/03/2020	06/30/2020	$1.02
Dividend	03/04/2020	03/31/2020	$0.96
Dividend	12/04/2019	01/07/2020	$0.96
Dividend	09/04/2019	09/30/2019	$0.96
Dividend	06/05/2019	06/28/2019	$0.96
Dividend	02/27/2019	03/29/2019	$0.93
Dividend	12/05/2018	01/07/2019	$0.93
Dividend	09/05/2018	09/28/2018	$0.93
Dividend	05/30/2018	06/29/2018	$0.93
Dividend	02/28/2018	03/30/2018	$0.81
Dividend	11/29/2017	01/08/2018	$0.81
Dividend	08/29/2017	09/29/2017	$0.81
Dividend	05/30/2017	06/30/2017	$0.81
Dividend	02/28/2017	03/31/2017	$0.75
Dividend	11/29/2016	01/06/2017	$0.75

About Pepsico

Sector: Manufacturing

Questions about PEP

How much is PEP today?

PEP is at $126.24 (-1.90% on the day), last traded on 10/01/2026.

How much did PEP pay in dividends in 2025?

PEP paid $5.56 per share in 2025, a dividend yield of 3.87%.

How much did PEP return in 12 months?

PEP returned -9.74% in 12 months, with annualized volatility of 21.03% and a largest drawdown of -23.07%.