Growth Metrics

Pepsico (PEP) Tax Rate (2016 - 2026)

Pepsico filings provide 18 years of Tax Rate readings, the most recent being 21.28% for Q1 2026.

  • On a quarterly basis, Tax Rate fell 3.0% to 21.28% in Q1 2026 year-over-year; TTM through Mar 2026 was 19.15%, a 47.0% decrease, with the full-year FY2025 number at 19.03%, down 39.0% from a year prior.
  • Tax Rate reached 21.28% in Q1 2026 per PEP's latest filing, up from 14.83% in the prior quarter.
  • The five-year high for Tax Rate was 21.93% in Q1 2023, with the low at 5.73% in Q4 2022.
  • A 5-year average of 17.49% and a median of 20.05% in 2024 define the central range for Tax Rate.
  • Year-over-year, Tax Rate tumbled -2129bps in 2022 and then skyrocketed 1936bps in 2023.
  • Year by year, Tax Rate stood at 5.73% in 2022, then soared by 338bps to 13.63% in 2023, then rose by 12bps to 15.2% in 2024, then dropped by -2bps to 14.83% in 2025, then surged by 43bps to 21.28% in 2026.
  • Per Business Quant, the three most recent readings for PEP's Tax Rate are 21.28% (Q1 2026), 14.83% (Q4 2025), and 21.4% (Q3 2025).