Pepsico (PEP) Return on Invested Capital [ROIC] (2009 - 2026)
Pepsico (PEP) recorded Return on Invested Capital [ROIC] of 16.05% in Q3 2026, up 4.38 percentage points from 11.67% a year earlier and up 0.72 percentage points from the prior quarter.
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Analysis
Pepsico (PEP) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Pepsico reported Return on Invested Capital [ROIC] of 12.74%, down 2.22 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of -1.58 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 14.96% in FY2024 (+0.06 pp), 14.90% in FY2023 (-1.12 pp), 16.02% in FY2022 (+1.74 pp) and 14.28% in FY2021 (-0.05 pp).
- The Q3 2026 figure is the highest quarterly Return on Invested Capital [ROIC] since Q4 2022.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in four of the last eight quarters, with an average year-over-year change of -0.35 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 5.02 percentage points in Q1 2022, against a drop of 6.55 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 15.33% (Q2 2026), 13.00% (Q1 2026) and 12.67% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 411.73 Bn | 398.05 Bn | 8.45 Bn | 15.56% |
| 2 | Diageo | 221.87 Bn | 201.94 Bn | - | - |
| 3 | Pepsico | 192.76 Bn | 150.52 Bn | 13.75 Bn | 16.05% |
| 4 | Coca Cola Femsa Sab De Cv | 192.22 Bn | 192.22 Bn | 2.15 Bn | - |
| 5 | Monster Beverage | 89.55 Bn | 77.80 Bn | 1.42 Bn | - |
| 6 | Coca-Cola Europacific Partners | 53.01 Bn | 45.68 Bn | - | - |
| 7 | Keurig Dr Pepper | 49.85 Bn | 45.89 Bn | 3.07 Bn | 4.33% |
| 8 | Ambev | 43.57 Bn | 28.38 Bn | 2.14 Bn | 24.68% |
| 9 | Constellation Brands | 24.18 Bn | 23.73 Bn | 1.39 Bn | 11.77% |
| 10 | Brown Forman | 14.04 Bn | 12.73 Bn | 549.00 Mn | 12.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 5, 2026 | 16.05% |
| Jun 13, 2026 | 15.33% |
| Mar 21, 2026 | 13.62% |
| Dec 27, 2025 | 13.29% |
| Sep 6, 2025 | 11.67% |
| Jun 14, 2025 | 12.37% |
| Mar 22, 2025 | 15.83% |
| Dec 28, 2024 | 16.34% |
| Sep 7, 2024 | 15.40% |
| Jun 15, 2024 | 15.56% |
| Mar 23, 2024 | 15.22% |
| Dec 30, 2023 | 15.20% |
| Sep 9, 2023 | 14.30% |
| Jun 17, 2023 | 14.26% |
| Mar 25, 2023 | 12.74% |
| Dec 31, 2022 | 16.83% |
| Sep 3, 2022 | 18.92% |
| Jun 11, 2022 | 17.96% |
| Mar 19, 2022 | 19.63% |
| Dec 25, 2021 | 15.35% |
API Access
Pepsico Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=PEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=PEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();