Pepsico (PEP) Net Margin (2009 - 2026)
Pepsico's Net Margin came in at 12.06% for Q3 2026, up 1.19 percentage points from 10.87% a year earlier but down 0.27 percentage points from the prior quarter.
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Analysis
Pepsico (PEP) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 5, 2026, Pepsico reported Net Margin of 11.09%, up 3.27 percentage points year-over-year; for FY2025, it was 8.77%, down 1.65 percentage points from FY2024.
- Net Margin carries a five-year change of -1.34 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 10.43% in FY2024 (+0.51 pp), 9.92% in FY2023 (-0.39 pp), 10.31% in FY2022 (+0.73 pp) and 9.59% in FY2021 (-0.53 pp).
- The five-year range for quarterly Net Margin is 1.85% (Q4 2022) to 26.30% (Q1 2022).
- Year-over-year, Net Margin has increased for four consecutive quarters, with an average year-over-year change of +0.36 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q1 2022 (a gain of 14.74 percentage points), and the weakest in Q1 2023 (a drop of 15.48 percentage points).
- Business Quant data shows PEP's Net Margin at 12.33% (Q2 2026), 11.97% (Q1 2026) and 8.66% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 415.05 Bn | 401.36 Bn | 8.45 Bn | 29.96% |
| 2 | Coca Cola Femsa Sab De Cv | 195.63 Bn | 195.63 Bn | 2.15 Bn | 7.81% |
| 3 | Pepsico | 194.97 Bn | 152.73 Bn | 13.75 Bn | 12.06% |
| 4 | Monster Beverage | 95.69 Bn | 83.94 Bn | 1.42 Bn | 23.04% |
| 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 | 1.94% |
| 8 | Ambev | 43.18 Bn | 27.99 Bn | 2.14 Bn | 20.22% |
| 9 | Constellation Brands | 25.00 Bn | 24.55 Bn | 1.39 Bn | 20.09% |
| 10 | Brown Forman | 14.15 Bn | 12.83 Bn | 549.00 Mn | 14.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 5, 2026 | 12.06% |
| Jun 13, 2026 | 12.33% |
| Mar 21, 2026 | 11.97% |
| Dec 27, 2025 | 8.66% |
| Sep 6, 2025 | 10.87% |
| Jun 14, 2025 | 5.56% |
| Mar 22, 2025 | 10.23% |
| Dec 28, 2024 | 5.48% |
| Sep 7, 2024 | 12.56% |
| Jun 15, 2024 | 13.70% |
| Mar 23, 2024 | 11.19% |
| Dec 30, 2023 | 4.68% |
| Sep 9, 2023 | 13.18% |
| Jun 17, 2023 | 12.31% |
| Mar 25, 2023 | 10.83% |
| Dec 31, 2022 | 1.85% |
| Sep 3, 2022 | 12.30% |
| Jun 11, 2022 | 7.07% |
| Mar 19, 2022 | 26.30% |
| Dec 25, 2021 | 5.24% |
API Access
Pepsico Net 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=net-margin&ticker=PEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=PEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();