Growth Metrics

Pepsico (PEP) Tax Rate (2016 - 2025)

Pepsico (PEP) has disclosed Tax Rate for 17 consecutive years, with 14.83% as the latest value for Q4 2025.

  • On a quarterly basis, Tax Rate fell 37.0% to 14.83% in Q4 2025 year-over-year; TTM through Dec 2025 was 19.03%, a 39.0% decrease, with the full-year FY2025 number at 19.03%, down 39.0% from a year prior.
  • Tax Rate was 14.83% for Q4 2025 at Pepsico, down from 21.4% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 26.34% in Q3 2021 to a low of 5.73% in Q4 2022.
  • A 5-year average of 18.0% and a median of 20.13% in 2024 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: crashed -2129bps in 2022, then surged 1936bps in 2023.
  • Pepsico's Tax Rate stood at 15.55% in 2021, then crashed by -137bps to 5.73% in 2022, then surged by 338bps to 13.63% in 2023, then increased by 12bps to 15.2% in 2024, then fell by -2bps to 14.83% in 2025.
  • Per Business Quant, the three most recent readings for PEP's Tax Rate are 14.83% (Q4 2025), 21.4% (Q3 2025), and 18.59% (Q2 2025).