Growth Metrics

Pepsico (PEP) Operating Margin (2016 - 2025)

Pepsico (PEP) has disclosed Operating Margin for 17 consecutive years, with 12.12% as the latest value for Q4 2025.

  • Quarterly Operating Margin rose 402.0% to 12.12% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 12.24% through Dec 2025, down 179.0% year-over-year, with the annual reading at 12.24% for FY2025, 179.0% down from the prior year.
  • Operating Margin for Q4 2025 was 12.12% at Pepsico, down from 14.91% in the prior quarter.
  • The five-year high for Operating Margin was 32.51% in Q1 2022, with the low at 2.91% in Q4 2022.
  • Average Operating Margin over 5 years is 13.99%, with a median of 14.9% recorded in 2024.
  • The sharpest move saw Operating Margin surged 1691bps in 2022, then plummeted -1778bps in 2023.
  • Over 5 years, Operating Margin stood at 10.15% in 2021, then crashed by -71bps to 2.91% in 2022, then skyrocketed by 108bps to 6.04% in 2023, then soared by 34bps to 8.1% in 2024, then skyrocketed by 50bps to 12.12% in 2025.
  • According to Business Quant data, Operating Margin over the past three periods came in at 12.12%, 14.91%, and 7.87% for Q4 2025, Q3 2025, and Q2 2025 respectively.