Pepsico (PEP) Return on Capital Employed [ROCE] (2009 - 2026)
Pepsico (PEP) posted Return on Capital Employed [ROCE] of 18.82% for Q2 2026, up 3.19 percentage points from 15.63% a year earlier and up 2.55 percentage points from the prior quarter.
Pepsico (PEP) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Pepsico's Return on Capital Employed [ROCE] came in at 16.27%, down 2.56 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +0.11 percentage points (FY2020 to FY2025).
- In prior years, Pepsico's Return on Capital Employed [ROCE] was 18.83% in FY2024 (+0.30 pp), 18.53% in FY2023 (+0.95 pp), 17.58% in FY2022 (+0.77 pp) and 16.80% in FY2021 (+0.64 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Capital Employed [ROCE] since Q4 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in four of the last eight quarters, with an average year-over-year change of -0.70 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q1 2022, with a gain of 6.03 percentage points; the weakest was Q1 2023, with a drop of 7.83 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 18.37% |
| 2 | Coca Cola Femsa Sab De Cv | 193.90 Bn | 193.90 Bn | 2.06 Bn | - |
| 3 | Pepsico | 175.24 Bn | 133.00 Bn | 13.75 Bn | 19.41% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | 28.61% |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 23.52% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 5.38% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 14.56% |
| 10 | Coca-Cola Consolidated | 13.60 Bn | 11.23 Bn | 778.41 Mn | 31.65% |
Historic Data
| Date | Value |
|---|---|
| Sep 5, 2026 | 19.41% |
| Jun 13, 2026 | 18.82% |
| Mar 21, 2026 | 16.27% |
| Dec 27, 2025 | 15.49% |
| Sep 6, 2025 | 13.69% |
| Jun 14, 2025 | 15.63% |
| Mar 22, 2025 | 18.46% |
| Dec 28, 2024 | 18.83% |
| Sep 7, 2024 | 17.67% |
| Jun 15, 2024 | 18.16% |
| Mar 23, 2024 | 17.24% |
| Dec 30, 2023 | 17.48% |
| Sep 9, 2023 | 17.03% |
| Jun 17, 2023 | 16.12% |
| Mar 25, 2023 | 13.29% |
| Dec 31, 2022 | 17.30% |
| Sep 3, 2022 | 19.46% |
| Jun 11, 2022 | 19.85% |
| Mar 19, 2022 | 21.12% |
| Dec 25, 2021 | 16.76% |
Pepsico Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=PEP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=PEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();