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.

• Quarterly Tax Rate fell 3.0% year-over-year to 21.28% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.15% (down 47.0% YoY) and the FY2025 annual result came in at 19.03%, down 39.0% from the prior year.
• Tax Rate advanced to 21.28% in Q1 2026 per PEP's latest filing, from 14.83% in the prior quarter.
• Across five years, Tax Rate topped out at 21.93% in Q1 2023 and bottomed at 5.73% in Q4 2022.
• The 5-year median for Tax Rate is 20.05% (2024), against an average of 17.49%.
• The widest annual swing landed in 2022, when Tax Rate slumped 2129 bps; it then soared 1936 bps in 2023.
• Tracing PEP's Tax Rate over 5 years: stood at 5.73% in 2022, then surged by 338 bps to 13.63% in 2023, then advanced by 12 bps to 15.2% in 2024, then fell by 2 bps to 14.83% in 2025, then jumped by 43 bps to 21.28% in 2026.
• Per Business Quant, the three latest PEP Tax Rate figures stand at 21.28% (Q1 2026), 14.83% (Q4 2025), and 21.4% (Q3 2025).

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