PepsiCo stock: fundamental analysis

Stocks · PEP · Consumer Defensive

PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through six segments: PepsiCo Foods North America; PepsiCo Beverages North America; International Beverages Franchise; Europe, Middle East and Africa; Latin America Foods; and Asia Pacific Foods. Below are its fundamentals, explained in the order worth reading them: business quality, debt, growth and, last, whether the price is reasonable.

Data as of September 18, 2026 · Yahoo Finance

Quick read

Business quality

ROE of 51.5%: it earns a high return on shareholders' money. Out of every 100 in sales, 10.8 end up as profit.

Financial health

Net debt/EBITDA of 2.3x: moderate leverage, manageable for stable businesses such as utilities or infrastructure.

Growth

Revenue is growing 6.4% year on year: modest growth. Earnings are up 137.0%.

Valuation

It trades at a P/E of 17.0, below the 24.3 median of the consumer defensive companies we track. On expected earnings the P/E falls to 14.5: the market expects profits to rise. A low P/E is not automatically a bargain: it can reflect risks or slower growth.

Dividend

Dividend yield of 4.4% (5.92 USD per share per year) with a payout ratio of 75.3%.

Tools

All metrics

PepsiCoSector median
Business quality
ROE51.5%29.7%
ROA8.9%8.8%
Gross margin54.2%52.5%
Operating margin16.8%15.6%
Net margin10.8%11.1%
Financial health
Net debt/EBITDA2.3x1.6x
Debt/equity2.4x0.7x
Current ratio0.9x1.0x
Growth
Revenue growth6.4%6.2%
Earnings growth137.0%16.9%
Valuation
P/E ratio17.0x24.3x
Forward P/E14.5x22.4x
EV/EBITDA11.9x17.9x
Price/book8.0x8.5x
FCF yield4.4%2.8%
Dividend
Dividend yield4.4%2.5%
Payout ratio75.3%51.7%
Beta (volatility)0.4x0.4x

Frequently asked questions

What is PepsiCo's P/E ratio?

PepsiCo's P/E is 17.0 based on trailing 12-month earnings and 14.5 on expected earnings. The median for its sector among the companies we track is 24.3. Data as of September 18, 2026.

What dividend does PepsiCo pay?

Dividend yield of 4.4% (5.92 USD per share per year) with a payout ratio of 75.3%.

Is PepsiCo stock expensive?

It trades at a P/E of 17.0, below the 24.3 median of the consumer defensive companies we track. On expected earnings the P/E falls to 14.5: the market expects profits to rise. A low P/E is not automatically a bargain: it can reflect risks or slower growth. This is an educational reading based on ratios, not a buy or sell recommendation.

Does PepsiCo have a lot of debt?

Net debt/EBITDA of 2.3x: moderate leverage, manageable for stable businesses such as utilities or infrastructure.

What is PepsiCo's market cap?

PepsiCo has a market cap of 177.2B USD and its shares trade at 129.75 USD, with a 52-week range of 129.55 USD to 171.48 USD (data as of September 18, 2026).

Other companies in the sector

Trailing 12-month metrics. Educational content, not investment advice.