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% quarter-over-quarter from $2.39 in Q4 2025.
Pepsico (PEP) Debt to Equity (2009 - 2026) Analysis & Trends
Pepsico (PEP) has 18 years of Debt to Equity data on file, last reported at $2.45 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $2.45, down 6.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.45 (down 6.5% YoY), and the FY2025 annual result was $2.39, up 290.42% from the prior year.
- Debt to Equity improved to $2.45 in Q1 2026 per PEP's latest filing, from $2.39 in the prior quarter.
- Over five years, Debt to Equity peaked at $311.58 in Q2 2023 and troughed at -$3.19 in Q2 2025.
- A 5-year average of $19.82 and a median of $2.05 in 2022 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2022 and 2023: Debt to Equity plunged 142.13% in 2022, then soared 53652.64% in 2023.
- A 5-year view of Debt to Equity shows it stood at -$2.55 in 2022, then jumped by 124.66% to $0.63 in 2023, then slipped by 2.65% to $0.61 in 2024, then jumped by 290.42% to $2.39 in 2025, then advanced by 2.29% to $2.45 in 2026.
- Business Quant data shows PEP's Debt to Equity at $2.45 in Q1 2026, $2.39 in Q4 2025, and $2.6 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 341.39 Bn | 332.40 Bn | 7.85 Bn | 1.22 |
| 2 | Pepsico | 194.25 Bn | 183.58 Bn | 10.73 Bn | 2.45 |
| 3 | Monster Beverage | 89.38 Bn | 86.39 Bn | 1.29 Bn | - |
| 4 | Coca Cola Femsa Sab De Cv | 87.89 Bn | 86.38 Bn | 1.89 Bn | - |
| 5 | Keurig Dr Pepper | 41.86 Bn | 27.96 Bn | 2.10 Bn | 1.02 |
| 6 | Coca-Cola Consolidated | 10.27 Bn | 10.04 Bn | 727.08 Mn | -4.10 |
| 7 | Primo Brands | 8.82 Bn | 8.54 Bn | 464.90 Mn | 1.74 |
| 8 | Celsius Holdings | 7.92 Bn | 7.37 Bn | 378.07 Mn | 0.53 |
| 9 | Vita Coco Company | 4.80 Bn | 4.59 Bn | 71.81 Mn | 0.00 |
| 10 | National Beverage | 3.40 Bn | 3.09 Bn | 99.60 Mn | 0.02 |
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 |