Pepsico (PEP) Return on Invested Capital [ROIC] (2009 - 2026)
Pepsico (PEP) recorded Return on Invested Capital [ROIC] of 15.33% in Q2 2026, up 2.97 percentage points from 12.37% a year earlier and up 2.33 percentage points from the prior quarter.
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 Q2 2026 figure is the highest quarterly Return on Invested Capital [ROIC] since Q4 2024.
- 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 -0.77 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 394.76 Bn | 381.23 Bn | 8.42 Bn | 15.41% |
| 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 | 16.05% |
| 4 | Monster Beverage | 88.77 Bn | 77.03 Bn | 1.42 Bn | - |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | - |
| 6 | Ambev | 50.68 Bn | 35.97 Bn | 2.06 Bn | 25.34% |
| 7 | Coca-Cola Europacific Partners | 50.06 Bn | 42.72 Bn | - | - |
| 8 | Keurig Dr Pepper | 46.50 Bn | 42.54 Bn | 3.07 Bn | 4.33% |
| 9 | Constellation Brands | 22.07 Bn | 21.62 Bn | 1.39 Bn | 11.77% |
| 10 | Coca-Cola Consolidated | 13.60 Bn | 11.23 Bn | 778.41 Mn | 36.67% |
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% |
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_KEY
import 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();