Pepsico (PEP) Tax Rate (2009 - 2026)

Pepsico (PEP) has 18 years of Tax Rate data on file, last reported at 21.28% in Q1 2026.

• Tax Rate for Q1 2026 came in at 21.28%, down 3.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.15% (down 47.0% YoY), and the FY2025 annual result was 19.03%, down 39.0% from the prior year.
• Tax Rate grew to 21.28% in Q1 2026 per PEP's latest filing, from 14.83% in the prior quarter.
• Over five years, Tax Rate peaked at 21.93% in Q1 2023 and troughed at 5.73% in Q4 2022.
• A 5-year average of 17.49% and a median of 20.05% in 2024 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 2129 bps in 2022, then surged 1936 bps in 2023.
• A 5-year view of Tax Rate shows it stood at 5.73% in 2022, then jumped by 338 bps to 13.63% in 2023, then grew by 12 bps to 15.2% in 2024, then decreased by 2 bps to 14.83% in 2025, then soared by 43 bps to 21.28% in 2026.
• Business Quant data shows PEP's Tax Rate at 21.28% in Q1 2026, 14.83% in Q4 2025, and 21.4% in Q3 2025.