Pepsico (PEP) Operating Margin (2009 - 2026)

Pepsico (PEP) has 18 years of Operating Margin data on file, last reported at 16.53% in Q1 2026.

• Operating Margin for Q1 2026 came in at 16.53%, up 211.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.71% (down 123.0% YoY), and the FY2025 annual result was 12.24%, down 179.0% from the prior year.
• Operating Margin grew to 16.53% in Q1 2026 per PEP's latest filing, from 12.12% in the prior quarter.
• Over five years, Operating Margin peaked at 32.51% in Q1 2022 and troughed at 2.91% in Q4 2022.
• A 5-year average of 14.04% and a median of 14.89% in 2024 frame the typical range for Operating Margin.
• The sharpest annual moves came in 2022 and 2023: Operating Margin jumped 1691 bps in 2022, then plunged 1778 bps in 2023.
• A 5-year view of Operating Margin shows it stood at 2.91% in 2022, then surged by 108 bps to 6.04% in 2023, then jumped by 34 bps to 8.1% in 2024, then surged by 50 bps to 12.12% in 2025, then soared by 36 bps to 16.53% in 2026.
• Business Quant data shows PEP's Operating Margin at 16.53% in Q1 2026, 12.12% in Q4 2025, and 14.91% in Q3 2025.