Pepsico (PEP) Net Margin (2009 - 2026)
Pepsico's Net Margin came in at 12.33% for Q2 2026, up 6.77 percentage points from 5.56% a year earlier and up 0.36 percentage points from the prior quarter.
Pepsico (PEP) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 13, 2026, Pepsico reported Net Margin of 10.78%, up 2.56 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 Q2 2026 figure represents the highest quarterly Net Margin since Q3 2024.
- Year-over-year, Net Margin has increased for three consecutive quarters, with an average year-over-year change of +0.13 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).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 33.07% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | 8.14% |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 12.06% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | 23.04% |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 17.25% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 1.94% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 20.09% |
| 10 | Coca-Cola Consolidated | 13.60 Bn | 11.23 Bn | 778.41 Mn | 7.74% |
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% |
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_KEY
import 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();