Pepsico (PEP) Shares Outstanding (Diluted) (2009 - 2026)
Pepsico (PEP) reported Shares Outstanding (Diluted) of 1.37 billion for Q3 2026, down 0.4% from 1.37 billion a year earlier and down 0.1% from the prior quarter.
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Analysis
Pepsico (PEP) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
Dating back to Q1 2009, Pepsico's Shares Outstanding (Diluted) record includes 71 quarters.
- Shares Outstanding (Diluted) has declined for 15 consecutive years, with a five-year compound annual growth rate of -0.3% (FY2020 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 1.38 billion in FY2024 (-0.4%), 1.38 billion in FY2023 (-0.3%), 1.39 billion in FY2022 (-0.1%) and 1.39 billion in FY2021 (-0.2%).
- The Q3 2026 figure ranks as the lowest quarterly Shares Outstanding (Diluted) in data going back to Q1 2009.
- Year over year, Shares Outstanding (Diluted) has now declined in each of the last 17 quarters, with an average decline of 0.4% over the last eight quarters.
- Per Business Quant data, the three quarters before Q3 2026 came in at 1.37 billion (Q2 2026), 1.37 billion (Q1 2026) and 1.37 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 413.50 Bn | 399.81 Bn | 8.45 Bn | 4.31 Bn |
| 2 | Pepsico | 195.42 Bn | 153.18 Bn | 13.75 Bn | 1.37 Bn |
| 3 | Coca Cola Femsa Sab De Cv | 193.84 Bn | 193.84 Bn | 2.15 Bn | 142.00 Bn |
| 4 | Monster Beverage | 94.66 Bn | 82.91 Bn | 1.42 Bn | 1.98 Bn |
| 5 | Diageo | 55.62 Bn | 35.69 Bn | - | 557.75 Mn |
| 6 | Coca-Cola Europacific Partners | 53.45 Bn | 46.12 Bn | - | 456.00 Mn |
| 7 | Keurig Dr Pepper | 50.63 Bn | 46.68 Bn | 3.07 Bn | 1.36 Bn |
| 8 | Ambev | 43.65 Bn | 28.46 Bn | 2.14 Bn | 15.68 Bn |
| 9 | Constellation Brands | 24.55 Bn | 24.10 Bn | 1.39 Bn | 170.60 Mn |
| 10 | Brown Forman | 13.99 Bn | 12.68 Bn | 549.00 Mn | 459.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 5, 2026 | 1.37 Bn |
| Jun 13, 2026 | 1.37 Bn |
| Mar 21, 2026 | 1.37 Bn |
| Dec 27, 2025 | 1.37 Bn |
| Sep 6, 2025 | 1.37 Bn |
| Jun 14, 2025 | 1.37 Bn |
| Mar 22, 2025 | 1.38 Bn |
| Dec 28, 2024 | 1.38 Bn |
| Sep 7, 2024 | 1.38 Bn |
| Jun 15, 2024 | 1.38 Bn |
| Mar 23, 2024 | 1.38 Bn |
| Dec 30, 2023 | 1.38 Bn |
| Sep 9, 2023 | 1.38 Bn |
| Jun 17, 2023 | 1.38 Bn |
| Mar 25, 2023 | 1.38 Bn |
| Dec 31, 2022 | 1.39 Bn |
| Sep 3, 2022 | 1.39 Bn |
| Jun 11, 2022 | 1.39 Bn |
| Mar 19, 2022 | 1.39 Bn |
| Dec 25, 2021 | 1.39 Bn |
API Access
Pepsico Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=PEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=PEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();