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.

  • Quarterly Tax Rate fell 37.0% to 14.83% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 19.03% through Dec 2025, down 39.0% year-over-year, with the annual reading at 19.03% for FY2025, 39.0% down from the prior year.
  • Tax Rate for Q4 2025 was 14.83% at Pepsico, down from 21.4% in the prior quarter.
  • The five-year high for Tax Rate was 26.34% in Q3 2021, with the low at 5.73% in Q4 2022.
  • Average Tax Rate over 5 years is 18.0%, with a median of 20.13% recorded in 2024.
  • The sharpest move saw Tax Rate plummeted -2129bps in 2022, then soared 1936bps in 2023.
  • Over 5 years, Tax Rate stood at 15.55% in 2021, then plummeted by -137bps to 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.
  • According to Business Quant data, Tax Rate over the past three periods came in at 14.83%, 21.4%, and 18.59% for Q4 2025, Q3 2025, and Q2 2025 respectively.