Pepsico (PEP) Debt to Equity (2009 - 2026)
Pepsico (PEP) reported Debt to Equity of $2.45 for Q1 2026, down 6.5% year-over-year from $2.62 in Q1 2025, and up 2.29% on a QoQ basis from $2.39 in Q4 2025.
Pepsico (PEP) has 18 years of Debt to Equity data on file, last reported at $2.45 in Q1 2026.
- Quarterly Debt to Equity fell 6.5% year-over-year to $2.45 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.45 (down 6.5% YoY) and the FY2025 annual result came in at $2.39, up 290.42% from the prior year.
- Debt to Equity rose to $2.45 in Q1 2026 per PEP's latest filing, from $2.39 in the prior quarter.
- Across five years, Debt to Equity topped out at $311.58 in Q2 2023 and bottomed at -$3.19 in Q2 2025.
- The 5-year median for Debt to Equity is $2.05 (2022), against an average of $19.82.
- The widest annual swing landed in 2022, when Debt to Equity slumped 142.13%; it then jumped 53652.64% in 2023.
- Tracing PEP's Debt to Equity over 5 years: stood at -$2.55 in 2022, then surged by 124.66% to $0.63 in 2023, then retreated by 2.65% to $0.61 in 2024, then surged by 290.42% to $2.39 in 2025, then rose by 2.29% to $2.45 in 2026.
- Per Business Quant, the three latest PEP Debt to Equity figures stand at $2.45 (Q1 2026), $2.39 (Q4 2025), and $2.6 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 338.61 Bn | 329.63 Bn | 7.85 Bn | 1.22 |
| 2 | Pepsico | 193.55 Bn | 182.88 Bn | 10.73 Bn | 2.45 |
| 3 | Monster Beverage | 87.17 Bn | 84.18 Bn | 1.29 Bn | - |
| 4 | Coca-Cola Europacific Partners | 47.66 Bn | 47.03 Bn | - | 1.36 |
| 5 | Keurig Dr Pepper | 41.05 Bn | 27.15 Bn | 2.10 Bn | 1.02 |
| 6 | Coca Cola Femsa Sab De Cv | 10.77 Bn | 9.26 Bn | 1.89 Bn | - |
| 7 | Coca-Cola Consolidated | 9.73 Bn | 9.50 Bn | 727.08 Mn | -4.10 |
| 8 | Primo Brands | 8.93 Bn | 8.64 Bn | 464.90 Mn | 1.74 |
| 9 | Celsius Holdings | 7.93 Bn | 7.38 Bn | 378.07 Mn | 0.53 |
| 10 | Vita Coco Company | 4.29 Bn | 4.08 Bn | 71.81 Mn | 0.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 21, 2026 | 2.45 |
| Dec 27, 2025 | 2.39 |
| Sep 6, 2025 | 2.60 |
| Jun 14, 2025 | -3.19 |
| Mar 22, 2025 | 2.62 |
| Dec 28, 2024 | 0.61 |
| Sep 7, 2024 | 2.30 |
| Jun 15, 2024 | 10.69 |
| Mar 23, 2024 | 0.65 |
| Dec 30, 2023 | 0.63 |
| Sep 9, 2023 | 2.36 |
| Jun 17, 2023 | 311.58 |
| Mar 25, 2023 | 0.61 |
| Dec 31, 2022 | -2.55 |
| Sep 3, 2022 | 2.05 |
| Jun 11, 2022 | 0.58 |
| Mar 19, 2022 | 0.59 |
| Dec 25, 2021 | -1.05 |
| Sep 4, 2021 | 2.58 |
| Jun 12, 2021 | -2.85 |
| Mar 20, 2021 | -2.86 |
| Dec 26, 2020 | -2.85 |
| Sep 5, 2020 | 3.28 |
| Jun 13, 2020 | -2.85 |
| Mar 21, 2020 | 0.67 |
| Dec 28, 2019 | 0.52 |
| Sep 7, 2019 | 2.29 |
| Jun 15, 2019 | 0.51 |
| Mar 23, 2019 | -0.91 |
| Dec 29, 2018 | 0.54 |
| Sep 8, 2018 | 3.38 |
| Jun 16, 2018 | 0.76 |
| Mar 24, 2018 | 11.26 |
| Dec 30, 2017 | 0.74 |
| Sep 9, 2017 | 2.91 |
| Jun 17, 2017 | 3.15 |
| Mar 25, 2017 | -1.23 |
| Dec 31, 2016 | -1.17 |
| Sep 3, 2016 | 2.80 |
| Jun 11, 2016 | 2.88 |
| Mar 19, 2016 | 3.12 |
| Dec 26, 2015 | 2.77 |
| Sep 5, 2015 | 2.35 |
| Jun 13, 2015 | 1.91 |
| Mar 21, 2015 | 1.90 |
| Dec 27, 2014 | 1.16 |
| Sep 6, 2014 | 1.41 |
| Jun 14, 2014 | 1.39 |
| Mar 22, 2014 | 1.40 |
| Dec 28, 2013 | 0.64 |
| Sep 7, 2013 | 1.32 |
| Jun 15, 2013 | 1.30 |
| Mar 23, 2013 | 1.31 |
| Dec 29, 2012 | 1,090.73 |
| Sep 8, 2012 | 1.29 |
| Jun 16, 2012 | 1.38 |
| Mar 24, 2012 | 1.21 |
| Dec 31, 2011 | -170.53 |
| Sep 3, 2011 | 1.12 |
| Jun 11, 2011 | 1.12 |
| Mar 19, 2011 | 1.15 |
| Dec 25, 2010 | 165.98 |
| Sep 4, 2010 | 1.20 |
| Jun 12, 2010 | 1.21 |
| Mar 20, 2010 | 1.00 |
| Dec 26, 2009 | 54.23 |
| Sep 5, 2009 | 0.50 |