Growth Metrics

Pepsico (PEP) Gross Margin (2016 - 2025)

Pepsico (PEP) has disclosed Gross Margin for 17 consecutive years, with 53.23% as the latest value for Q4 2025.

  • On a quarterly basis, Gross Margin rose 67.0% to 53.23% in Q4 2025 year-over-year; TTM through Dec 2025 was 54.15%, a 41.0% decrease, with the full-year FY2025 number at 54.15%, down 41.0% from a year prior.
  • Gross Margin was 53.23% for Q4 2025 at Pepsico, down from 53.57% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 55.92% in Q2 2024 to a low of 51.96% in Q4 2021.
  • A 5-year average of 54.01% and a median of 53.95% in 2021 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: soared 140bps in 2023, then plummeted -184bps in 2025.
  • Pepsico's Gross Margin stood at 51.96% in 2021, then increased by 0bps to 52.06% in 2022, then increased by 2bps to 52.97% in 2023, then dropped by -1bps to 52.56% in 2024, then increased by 1bps to 53.23% in 2025.
  • Per Business Quant, the three most recent readings for PEP's Gross Margin are 53.23% (Q4 2025), 53.57% (Q3 2025), and 54.66% (Q2 2025).