Pepsico (PEP) Shares Outstanding (Diluted) (2009 - 2026)
Pepsico (PEP) reported Shares Outstanding (Diluted) of 1.37 billion for Q2 2026, down 0.3% from 1.37 billion a year earlier and down 0.1% from the prior quarter.
Pepsico (PEP) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
Dating back to Q1 2009, Pepsico's Shares Outstanding (Diluted) record includes 70 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 Q2 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 16 quarters, with an average decline of 0.4% over the last eight quarters.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 395.88 Bn | 382.35 Bn | 8.42 Bn | 4.31 Bn |
| 2 | Coca Cola Femsa Sab De Cv | 193.23 Bn | 193.23 Bn | 2.06 Bn | 142.00 Bn |
| 3 | Pepsico | 175.01 Bn | 132.78 Bn | 13.75 Bn | 1.37 Bn |
| 4 | Monster Beverage | 88.58 Bn | 76.83 Bn | 1.42 Bn | 1.98 Bn |
| 5 | Diageo | 52.19 Bn | 32.26 Bn | - | 557.75 Mn |
| 6 | Ambev | 50.76 Bn | 36.05 Bn | 2.06 Bn | 15.68 Bn |
| 7 | Coca-Cola Europacific Partners | 50.08 Bn | 42.75 Bn | - | 456.00 Mn |
| 8 | Keurig Dr Pepper | 46.27 Bn | 42.32 Bn | 3.07 Bn | 1.36 Bn |
| 9 | Constellation Brands | 22.06 Bn | 21.61 Bn | 1.39 Bn | 170.60 Mn |
| 10 | Coca-Cola Consolidated | 13.59 Bn | 11.23 Bn | 778.41 Mn | 76.78 Mn |
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 |
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_KEY
import 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();