Pepsico (PEP) FCF Margin (2009 - 2026)
Pepsico (PEP) recorded FCF Margin of 18.47% in Q3 2026, up 3.94 percentage points from 14.54% a year earlier and up 12.25 percentage points from the prior quarter.
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Analysis
Pepsico (PEP) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Pepsico's FCF Margin came in at 10.66% as of Sep 5, 2026, up 3.31 percentage points year-over-year; for FY2025, it was 8.17%, up 0.34 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -0.89 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 7.83% in FY2024 (-0.84 pp), 8.66% in FY2023 (+2.18 pp), 6.49% in FY2022 (-2.31 pp) and 8.80% in FY2021 (-0.26 pp).
- The Q3 2026 figure is the highest quarterly FCF Margin since Q3 2023.
- On a year-over-year basis, FCF Margin has increased for four consecutive quarters, with an average year-over-year change of +1.97 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 6.71 percentage points in Q1 2026, against a drop of 6.25 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 6.22% (Q2 2026), -2.09% (Q1 2026) and 16.03% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 415.05 Bn | 401.36 Bn | 8.45 Bn | 34.00% |
| 2 | Coca Cola Femsa Sab De Cv | 195.63 Bn | 195.63 Bn | 2.15 Bn | -5.28% |
| 3 | Pepsico | 194.97 Bn | 152.73 Bn | 13.75 Bn | 18.47% |
| 4 | Monster Beverage | 95.69 Bn | 83.94 Bn | 1.42 Bn | 18.16% |
| 5 | Diageo | 54.44 Bn | 34.51 Bn | - | - |
| 6 | Coca-Cola Europacific Partners | 53.15 Bn | 45.82 Bn | - | - |
| 7 | Keurig Dr Pepper | 50.27 Bn | 46.32 Bn | 3.07 Bn | 9.77% |
| 8 | Ambev | 43.18 Bn | 27.99 Bn | 2.14 Bn | 40.80% |
| 9 | Constellation Brands | 25.00 Bn | 24.55 Bn | 1.39 Bn | 22.72% |
| 10 | Brown Forman | 14.15 Bn | 12.83 Bn | 549.00 Mn | 13.63% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 5, 2026 | 18.47% |
| Jun 13, 2026 | 6.22% |
| Mar 21, 2026 | -2.09% |
| Dec 27, 2025 | 16.03% |
| Sep 6, 2025 | 14.54% |
| Jun 14, 2025 | 4.69% |
| Mar 22, 2025 | -8.80% |
| Dec 28, 2024 | 13.75% |
| Sep 7, 2024 | 16.11% |
| Jun 15, 2024 | 5.64% |
| Mar 23, 2024 | -9.07% |
| Dec 30, 2023 | 10.17% |
| Sep 9, 2023 | 19.56% |
| Jun 17, 2023 | 6.63% |
| Mar 25, 2023 | -5.45% |
| Dec 31, 2022 | 6.62% |
| Sep 3, 2022 | 15.33% |
| Jun 11, 2022 | 5.33% |
| Mar 19, 2022 | -4.30% |
| Dec 25, 2021 | 10.43% |
API Access
Pepsico FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=PEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "PEP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=PEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();