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PepsiCo stock: growth
PEPPepsiCo reported $93.93B in revenue for fiscal 2025, up 2.3% on the prior year, up 5.9% a year on average over up to five years.
Daily figure as of 12 Nov 2026
Revenue (Annual rate)
5.3%
per year from 2006 to 2025, per share 6.4%
Earnings (Annual rate)
2%
per year from 2006 to 2025, per share 3%
Free cash flow (Annual rate)
3.5%
per year from 2006 to 2025, per share 4.5%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 5.9% | 4.1% | 5.3% |
| Revenue per share | 6.2% | 4.7% | 6.4% |
| Earnings | 3.0% | 4.2% | 2.0% |
| Earnings per share | 3.2% | 5.0% | 3.0% |
| Free cash flow | 3.8% | −0.2% | 3.5% |
| Free cash flow per share | 4.0% | 0.4% | 4.5% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $35.14B | $5.64B | $4.02B |
| 2007 | $39.47B | $5.66B | $4.5B |
| 2008 | $43.25B | $5.14B | $4.55B |
| 2009 | $43.23B | $5.95B | $4.67B |
| 2010 | $57.84B | $6.32B | $5.2B |
| 2011 | $66.5B | $6.44B | $5.61B |
| 2012 | $65.49B | $6.18B | $5.77B |
| 2013 | $66.42B | $6.74B | $6.89B |
| 2014 | $66.68B | $6.51B | $7.65B |
| 2015 | $63.06B | $5.45B | $7.82B |
| 2016 | $62.8B | $6.33B | $7.36B |
| 2017 | $63.53B | $4.86B | $7.03B |
| 2018 | $64.66B | $12.52B | $6.13B |
| 2019 | $67.16B | $7.31B | $5.42B |
| 2020 | $70.37B | $7.12B | $6.37B |
| 2021 | $79.47B | $7.62B | $6.99B |
| 2022 | $86.39B | $8.91B | $5.6B |
| 2023 | $91.47B | $9.07B | $7.92B |
| 2024 | $91.85B | $9.58B | $7.19B |
| 2025 | $93.93B | $8.24B | $7.67B |
Revenue by segment
How PepsiCo, Inc. makes its money and how that has shifted. Names are as the company reports them.
- PepsiCo Beverages North America$28.2B30%
- PepsiCo Foods North America$27.5B29%
- Africa, Middle East and South Asia$18.0B19%
- Latin America (Segment)$10.5B11%
- International Beverage Franchise$5.0B5%
- Asia Pacific, Australia and New Zealand, and China Region$4.6B5%
The company split earlier years differently. A history would not be comparable, so only 2025 is shown.
Figures as a table
| 2025 | Share 2025 | |
|---|---|---|
| PepsiCo Beverages North America | $28.2B | 30% |
| PepsiCo Foods North America | $27.53B | 29.3% |
| Africa, Middle East and South Asia | $18.03B | 19.2% |
| Latin America (Segment) | $10.55B | 11.2% |
| International Beverage Franchise | $5B | 5.3% |
| Asia Pacific, Australia and New Zealand, and China Region | $4.63B | 4.9% |
| Total revenue | $93.93B | 100% |
Revenue by region
Where PepsiCo, Inc. generates its revenue.
- United States56%
- Mexico7%
- Russia5%
- Canada4%
- China3%
- United Kingdom2%
- Other23%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $36.73B | $36.55B | $37.15B | $38.64B | $40.8B | $44.55B | $49.39B | $52.17B | $51.67B | $52.23B | 55.6% |
| Mexico | $3.43B | $3.65B | $3.88B | $4.19B | $3.92B | $4.58B | $5.47B | $7.01B | $7.12B | $6.95B | 7.4% |
| Russia | $2.65B | $3.23B | $3.19B | $3.26B | $3.01B | $3.43B | $4.12B | $3.57B | $3.88B | $4.77B | 5.1% |
| Canada | $2.69B | $2.69B | $2.74B | $2.83B | $2.99B | $3.41B | $3.54B | $3.72B | $3.76B | $3.73B | 4% |
| China | no data | no data | no data | $1.3B | $1.73B | $2.68B | $2.75B | $2.7B | $2.71B | $2.62B | 2.8% |
| United Kingdom | $1.74B | $1.65B | $1.74B | $1.72B | $1.88B | $2.1B | $1.84B | $1.95B | $2.06B | $2.14B | 2.3% |
| Other | $15.56B | $15.76B | $15.97B | $15.21B | $16.04B | $18.74B | $19.28B | $20.36B | $20.65B | $21.49B | 22.9% |
| Total revenue | $62.8B | $63.53B | $64.66B | $67.16B | $70.37B | $79.47B | $86.39B | $91.47B | $91.85B | $93.93B | 100% |
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 27 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 31 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.