Pepsico (PEP) Tax Rate (2009 - 2026)
Pepsico's (PEP) quarterly Tax Rate came in at 22.01% in Q2 2026, up 343.0% year-over-year from 4.97% in Q2 2025, and down 75.34% quarter-over-quarter from 89.27% in Q1 2026.
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Analysis
Pepsico (PEP) Tax Rate (2009 - 2026) Analysis & Trends
Pepsico (PEP) has reported Tax Rate for 18 consecutive years, with 22.01% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 343.0% year-over-year to 22.01% in Q2 2026; TTM through Jun 2026 was 24.22%, a 37.0% increase from a year earlier, with the FY2025 full-year figure at 19.03%, down 39.0% from the prior year.
- Tax Rate was 22.01% for Q2 2026 at Pepsico, down from 89.27% in the prior quarter.
- Over five years, Tax Rate peaked at 97.38% in Q1 2024 and troughed at 105.01% in Q2 2024.
- A 5-year average of 22.83% and a median of 19.94% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 12624 bps in 2024 and soared 12359 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 5.73% in 2022, then soared by 338 bps to 13.63% in 2023, then climbed by 12 bps to 15.2% in 2024, then retreated by 2 bps to 14.83% in 2025, then jumped by 48 bps to 22.01% in 2026.
- The last three Tax Rate figures came in at 22.01% (Q2 2026), 89.27% (Q1 2026), and 14.83% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coca Cola | 379.05 Bn | 367.07 Bn | 8.42 Bn | 18.94% |
| 2 | Diageo | 209.58 Bn | 209.63 Bn | - | - |
| 3 | Coca Cola Femsa Sab De Cv | 185.97 Bn | 185.19 Bn | 2.06 Bn | 29.65% |
| 4 | Pepsico | 177.68 Bn | 167.14 Bn | 13.11 Bn | 22.01% |
| 5 | Monster Beverage | 86.02 Bn | 82.60 Bn | 1.42 Bn | 23.91% |
| 6 | Ambev | 46.18 Bn | 42.67 Bn | 2.06 Bn | -19.92% |
| 7 | Coca-Cola Europacific Partners | 44.77 Bn | 44.20 Bn | - | - |
| 8 | Keurig Dr Pepper | 43.22 Bn | 45.90 Bn | 3.07 Bn | 31.15% |
| 9 | Andina Bottling | 28.97 Bn | -301.93 Bn | 698.26 Mn | -32.50% |
| 10 | Constellation Brands | 19.91 Bn | 19.81 Bn | 1.32 Bn | 11.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 13, 2026 | 22.01% |
| Mar 21, 2026 | 89.27% |
| Dec 27, 2025 | 14.83% |
| Sep 6, 2025 | 21.40% |
| Jun 14, 2025 | 18.59% |
| Mar 22, 2025 | 92.92% |
| Dec 28, 2024 | 15.20% |
| Sep 7, 2024 | 20.28% |
| Jun 15, 2024 | -105.01% |
| Mar 23, 2024 | 97.38% |
| Dec 30, 2023 | 13.63% |
| Sep 9, 2023 | 19.61% |
| Jun 17, 2023 | 21.23% |
| Mar 25, 2023 | 21.93% |
| Dec 31, 2022 | -5.73% |
| Sep 3, 2022 | 14.85% |
| Jun 11, 2022 | 21.37% |
| Mar 19, 2022 | 17.21% |
| Dec 25, 2021 | 15.55% |
| Sep 4, 2021 | 26.34% |
API Access
Pepsico Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=PEP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "PEP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=PEP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();