PepsiCo, Inc. Financial Ratios — PEP Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	30.92	28.86	28.99	31.28	37.23	55.18	44.35	98.68	49.92	50.42	51.65	53.69	50.9	52.42	42.86
Return on Assets (%)	9.14	8.38	8.86	8.8	7.78	8.84	6.34	15.9	9.37	8.3	8.22	9.66	9.42	9.58	7.97
Return on Capital (%)	14.99	13.85	14.1	14.23	13.34	15.58	10.96	- -	17	15.08	15.66	16.93	16.07	16.25	13.62
Return on Invested Capital (%)	14.99	13.8	14.09	14.28	13.46	15.65	10.68	- -	17.23	15.11	15.17	16.97	16	16.43	13.94
Gross Margin (%)	52.49	52.22	52.96	53.15	54.44	55.06	54.67	54.56	55.13	54.82	53.35	53.03	54.21	54.55	54.15
EBITDA Margin (%)	18.6	18.02	18.62	18.3	17.08	19.38	19.91	19.35	19.56	18.62	18.09	17.12	16.95	18.18	16.69
Operating Margin (%)	14.48	13.91	14.61	14.37	15.4	15.61	16.18	15.64	15.32	14.38	14.04	13.15	14.12	14.07	14.36
Incremental Operating Margin (%)	15.01	51.48	64.25	- -	- -	- -	65.01	- -	7.24	- -	11.43	2.82	30.64	1.83	27.57
Pretax Margin (%)	13.28	12.68	13.39	13.13	11.8	13.62	15.12	14.21	13.87	12.89	12.36	12.39	12.48	13.01	10.91
Profit Margin (%)	9.69	9.43	10.15	9.77	8.65	10.08	7.65	19.35	10.89	10.12	9.59	10.31	9.92	10.43	8.77
Net Income to Common Margin (%)	9.69	9.43	10.15	9.77	8.64	10.08	7.65	19.35	10.89	10.12	9.59	10.31	9.92	10.43	8.77
Effective Tax Rate (%)	26.85	25.17	23.66	25.11	26.08	25.42	48.89	- -	21.04	20.88	21.81	16.13	19.81	19.42	19.03
Dvd Payout Ratio (%)	48.7	52.87	50.24	56.48	72.79	65.74	90.18	39.12	71.75	76.2	75.13	68.23	72.35	74.73	91.47
Sustainable Growth Rate (%)	15.86	13.6	14.43	13.61	10.13	18.9	4.36	60.08	14.1	12	12.85	17.06	14.08	13.25	3.66

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	26,773	28,359	29,639	28,897	33,284	36,945	39,281	32,321	32,510	44,610	40,780	39,554	44,661	44,948	49,901
ST Debt	6,205	4,815	5,306	5,076	4,071	6,892	5,485	4,026	3,362	4,240	4,754	3,897	7,066	7,724	7,580
LT Debt	20,568	23,544	24,333	23,821	29,213	30,053	33,796	28,295	29,148	40,370	36,026	35,657	37,595	37,224	42,321
Total Debt/EBITDA	2.16	2.4	2.4	2.37	3.09	3.04	3.11	2.58	2.48	3.4	2.84	2.67	2.88	2.69	3.18
Net Debt/EBITDA	1.84	1.87	1.64	1.86	2.25	2.28	2.27	1.89	2.02	2.74	2.42	2.31	2.22	2.14	2.55
Total Debt/EBIT	2.78	3.11	3.05	3.02	3.98	3.77	3.82	3.2	3.16	4.43	3.65	3.44	3.73	3.49	4.34
Net Debt/EBIT	2.36	2.42	2.09	2.38	2.9	2.83	2.79	2.33	2.58	3.57	3.11	2.96	2.87	2.78	3.48
EBITDA to Interest Expense	14.45	13.13	13.58	13.43	11.1	9.07	10.99	10.26	14.05	11.62	7.72	15.75	18.93	18.17	13.98
EBITDA-CapEx/Interest Expense	14.45	13.13	13.58	13.43	11.1	9.07	10.99	10.26	14.05	11.62	7.72	15.75	18.93	18.17	13.98
EBIT to Interest Expense	11.25	10.14	10.65	10.54	10.01	7.31	8.93	8.29	11.01	8.97	5.99	12.09	15.77	14.06	12.03
Interest Expense	856	899	911	909	970	1,342	1,151	1,219	935	1,128	1,863	939	819	919	1,121
Common Equity/Total Assets	28.19	29.81	31.28	24.67	17.06	15.04	13.59	18.7	18.82	14.48	17.37	18.6	18.41	18.14	19
Long-Term Debt/Equity (%)	98.42	105.11	99.77	135.75	242.83	268.35	307.77	193.77	196.05	297.89	223.06	206.43	201.72	204.85	205.97
Long-Term Debt/Capital (%)	43.14	46.38	45.04	51.29	64.47	62.42	67.24	60.3	61.52	69.41	63.28	62.75	59.39	58.97	60.07
Long-Term Debt/Total Assets (%)	28.22	31.54	31.41	33.78	41.93	40.89	42.35	36.44	37.11	43.45	39	38.68	37.41	37.42	39.41
Total Debt/Equity (%)	128.11	126.61	121.53	164.67	276.67	329.9	357.72	221.35	218.66	329.18	252.49	228.99	239.64	247.36	242.86
Total Debt/Capital (%)	56.16	55.87	54.86	62.22	73.45	76.74	78.15	68.88	68.62	76.7	71.63	69.6	70.56	71.21	70.83
Total Debt/Total Assets (%)	36.73	38	38.25	40.98	47.78	50.27	49.22	41.63	41.39	48.01	44.15	42.91	44.44	45.19	46.46
Net Debt to Equity	108.65	98.5	83.09	129.72	201.06	248.12	261.1	161.62	178.63	265.39	215.08	197.52	184.55	197.02	194.79
Net Debt/Capital (%)	52.07	49.62	45.38	56.47	66.78	71.27	72.31	61.78	63.43	71.96	67.67	65.77	64.18	65.55	65.3
EBITDA	12,370	11,801	12,368	12,206	10,769	12,172	12,645	12,509	13,135	13,106	14,377	14,792	15,504	16,702	15,676
EBITDA-CapEx	12,370	11,801	12,368	12,206	10,769	12,172	12,645	12,509	13,135	13,106	14,377	14,792	15,504	16,702	15,676
Operating Income (Loss)	9,633	9,112	9,705	9,581	9,712	9,804	10,276	10,110	10,291	10,122	11,162	11,357	12,913	12,920	13,491

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.24	0.39	0.54	0.48	0.68	0.76	0.95	0.41	0.28	0.41	0.23	0.2	0.32	0.29	0.29
Current Ratio	0.96	1.1	1.24	1.14	1.31	1.25	1.51	0.99	0.86	0.98	0.83	0.8	0.85	0.82	0.85
Quick Ratio	0.62	0.8	0.93	0.85	1.05	1.08	1.29	0.73	0.66	0.77	0.56	0.58	0.66	0.62	0.64
CFO/Avg Current Liab	0.53	0.48	0.55	0.58	0.61	0.55	0.48	0.44	0.45	0.48	0.47	0.41	0.46	0.4	0.38
Common Equity/Total Assets	28.19	29.81	31.28	24.67	17.06	15.04	13.59	18.7	18.82	14.48	17.37	18.6	18.41	18.14	19
Long-Term Debt/Equity (%)	98.42	105.11	99.77	135.75	242.83	268.35	307.77	193.77	196.05	297.89	223.06	206.43	201.72	204.85	205.97
Long-Term Debt/Capital (%)	43.14	46.38	45.04	51.29	64.47	62.42	67.24	60.3	61.52	69.41	63.28	62.75	59.39	58.97	60.07
Long-Term Debt/Total Assets (%)	28.22	31.54	31.41	33.78	41.93	40.89	42.35	36.44	37.11	43.45	39	38.68	37.41	37.42	39.41
Total Debt/Equity (%)	128.11	126.61	121.53	164.67	276.67	329.9	357.72	221.35	218.66	329.18	252.49	228.99	239.64	247.36	242.86
Total Debt/Capital (%)	56.16	55.87	54.86	62.22	73.45	76.74	78.15	68.88	68.62	76.7	71.63	69.6	70.56	71.21	70.83
Total Debt/Total Assets (%)	36.73	38	38.25	40.98	47.78	50.27	49.22	41.63	41.39	48.01	44.15	42.91	44.44	45.19	46.46
CFO/Total Liabilities	17.21	16.23	18.25	19.84	18.85	17.12	14.57	14.93	15.15	13.37	15.24	14.43	16.42	15.38	13.92
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	5.08	5.06	5.2	5.73	5.59	5.28	5.08	5.34	5.73	5.05	5.54	5.65	5.04	4.95	4.56

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	11.52	10.69	10.72	11.12	11.15	11.21	10.89	10.75	10.72	10.55	11.3	11.25	10.85	10.7	10.58
Days Sales Outstanding	31.7	34.14	34.05	32.83	32.75	32.57	33.51	33.97	34.04	34.59	32.3	32.46	33.65	34.1	34.49
Inventory Turnover	8.78	8.45	8.94	9.54	9.8	10.37	10.16	9.67	9.32	8.47	8.7	8.48	7.94	7.85	7.72
Days Inventory Outstanding	41.59	43.21	40.83	38.28	37.24	35.2	35.93	37.73	39.16	43.1	41.93	43.04	46	46.52	47.25
Accounts Payable Turnover	8.06	7.28	6.66	6.19	5.3	4.82	4.5	4.24	3.99	3.87	3.99	4.03	3.75	3.69	3.84
Accounts Payable Turnover Days	45.26	50.17	54.77	58.93	68.81	75.68	81.03	86.06	91.58	94.33	91.55	90.55	97.21	99.01	95.01
Cash Conversion Cycle	28.02	27.18	20.11	12.18	1.18	-7.91	-11.58	-14.36	-18.38	-16.63	-17.32	-15.05	-17.55	-18.4	-13.26
Inventory to Cash Days	-9.89	-9.07	-6.78	-5.45	-4.5	-2.63	-2.42	-3.77	-5.12	-8.51	-9.64	-10.58	-12.35	-12.42	-12.76
Inventories	3,827	3,581	3,409	3,143	2,720	2,723	2,947	3,128	3,338	4,172	4,347	5,222	5,334	5,306	5,845
Raw Materials	1,883	1,875	1,732	1,593	1,312	1,315	1,344	1,312	1,395	1,720	1,898	2,366	2,388	2,440	2,581
Work In Process	207	173	168	173	161	150	167	178	200	205	151	114	104	104	143
Finished Goods	1,737	1,533	1,509	1,377	1,247	1,258	1,436	1,638	1,743	2,247	2,298	2,742	2,842	2,762	3,121
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	104,042	105,947	127,082	143,964	147,052	150,160	170,340	154,737	191,783	204,589	239,875	250,659	231,725	209,041	197,092
- Cash & Cash Equivalents	4,067	6,297	9,375	6,134	9,096	9,158	10,610	8,721	5,509	8,185	5,596	4,954	9,711	8,505	9,159
+ Preferred Equity and Hybrid Capital	41	41	41	41	41	41	41	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	311	105	110	110	107	104	92	84	82	98	108	124	134	130	141
+ Total Debt	26,773	28,359	29,639	28,897	33,284	36,945	39,281	32,321	32,510	44,610	40,780	39,554	44,661	44,948	49,901
Enterprise Value	126,742	127,833	147,194	164,286	168,475	171,125	190,244	178,149	218,637	239,746	274,775	284,989	266,517	244,853	237,604
Total Capital	47,672	50,758	54,028	46,445	45,314	48,144	50,262	46,923	47,378	58,162	56,931	56,827	63,298	63,119	70,448
Total Debt/Capital (%)	56.16	55.87	54.86	62.22	73.45	76.74	78.15	68.88	68.62	76.7	71.63	69.6	70.56	71.21	70.83
Total Debt / EV	0.21	0.22	0.2	0.18	0.2	0.22	0.21	0.18	0.15	0.19	0.15	0.14	0.17	0.18	0.21
EV/Sales	1.91	1.95	2.22	2.46	2.67	2.72	2.99	2.76	3.26	3.41	3.46	3.3	2.91	2.67	2.53
EV/EBITDA	10.25	10.83	11.9	13.46	15.64	14.06	15.05	14.24	16.65	18.29	19.11	19.27	17.19	14.66	15.16
EV/EBIT	13.16	14.03	15.17	17.15	20.17	17.45	18.51	17.62	21.25	23.78	24.62	24.76	22.24	19	20.66
EV/Cash Flow to Firm	13.24	13.97	14.18	14.69	14.55	14.67	17.92	- -	21.05	20.84	21.02	24.57	18.9	18.48	18.28
EV/Free Cash Flow to Firm	13.24	13.97	14.18	14.69	14.55	14.67	17.92	- -	21.05	20.84	21.02	24.57	18.9	18.48	18.28
Diluted Market Cap	106,238	108,074	129,659	147,737	150,809	152,683	172,500	156,494	193,989	206,368	240,915	252,479	233,243	209,956	197,908
Diluted Enterprise Value	128,938	129,960	149,771	168,059	172,232	173,648	192,404	179,906	220,843	241,525	275,815	286,809	268,035	245,768	238,420
EV per Share	81.04	82.79	96.27	110.41	116.35	119.84	133.97	126.44	157.18	173.73	198.68	206.96	193.97	178.47	173.77
TTM Sales	66,504	65,492	66,415	66,683	63,056	62,799	63,525	64,661	67,161	70,372	79,474	86,392	91,471	91,854	93,925
TTM EBITDA	12,370	11,801	12,368	12,206	10,769	12,172	12,645	12,509	13,135	13,106	14,377	14,792	15,504	16,702	15,676
TTM Operating Income	9,633	9,112	9,705	9,581	9,712	9,804	10,276	10,110	10,291	10,122	11,162	11,357	12,913	12,920	13,491
TTM Cash Flow to Firm	9,570	9,152	10,383	11,187	11,581	11,664	10,618	- -	10,387	11,505	13,073	11,599	14,099	13,248	12,995
TTM Free Cash Flow to Firm	9,570	9,152	10,383	11,187	11,581	11,664	10,618	- -	10,387	11,505	13,073	11,599	14,099	13,248	12,995

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	11.88	12.75	13.38	14.06	13.88	14.32	17.2	16.62	20.1	19.44	20.74	23.35	17.35	16.79	16.37
EV/EBIT	13.16	14.03	15.17	17.15	20.17	17.45	18.51	17.62	21.25	23.78	24.62	24.76	22.24	19	20.66
Enterprise Value	126,742	127,833	147,194	164,286	168,475	171,125	190,244	178,149	218,637	239,746	274,775	284,989	266,517	244,853	237,604
Low Price	59.18	61.94	67.72	76.49	90.08	93.13	101.15	96.08	106.88	103.51	126.96	152.89	156.98	149.62	127.43
EV/Sales	1.91	1.95	2.22	2.46	2.67	2.72	2.99	2.76	3.26	3.41	3.46	3.3	2.91	2.67	2.53
EV/EBITDA	10.25	10.83	11.9	13.46	15.64	14.06	15.05	14.24	16.65	18.29	19.11	19.27	17.19	14.66	15.16
Price/Earnings	16.15	17.15	18.86	22.11	26.98	23.73	35.07	12.42	26.22	28.73	31.49	28.13	25.54	21.83	23.92
Price/Earnings Average	15.85	17.09	18.23	20.28	25.73	23.39	33.02	12.55	24.3	26.42	27.31	26.55	26.85	24.26	23.8
Price/Earnings High	17.35	18.46	19.85	22.94	27.41	24.98	35.07	13.99	26.69	28.85	31.58	29.07	29.81	26.37	26.92
Price/Earnings Low	14.37	15.48	15.37	17.48	23.93	21.02	29.57	10.86	20.33	20.06	23.05	23.63	23.77	21.43	21.15
Price/Book Value	5.06	4.76	5.24	8.28	12.38	13.58	15.7	10.66	12.97	15.21	14.95	14.62	12.52	11.59	9.66
Price/Book Value Average	4.97	4.75	5.07	7.59	11.8	13.39	14.78	10.77	12.02	13.98	12.97	13.79	13.17	12.88	9.61
Price/Book Value High	5.44	5.12	5.52	8.59	12.57	14.3	15.7	12.01	13.2	15.27	15	15.11	14.62	14	10.87
Price/Book Value Low	4.5	4.3	4.27	6.54	10.98	12.03	13.24	9.32	10.06	10.62	10.94	12.28	11.66	11.38	8.54
Price/Tangible Book Value	-8.19	-9.42	-15.1	-12.35	-9.56	-8.93	-9.61	-9.6	-11.44	-8.31	-11.42	-15.06	-16.37	-14.62	-14.52
Price/Tangible Book Value Average	-8.04	-9.39	-14.6	-11.33	-9.12	-8.8	-9.04	-9.71	-10.61	-7.64	-9.91	-14.22	-17.21	-16.25	-14.44
Price/Tangible Book Value High	-8.8	-10.14	-15.9	-12.82	-9.72	-9.41	-9.61	-10.82	-11.65	-8.34	-11.46	-15.57	-19.11	-17.67	-16.34
Price/Tangible Book Value Low	-7.29	-8.51	-12.31	-9.76	-8.48	-7.91	-8.1	-8.4	-8.87	-5.8	-8.36	-12.65	-15.24	-14.36	-12.83
Price/Sales	1.56	1.62	1.91	2.16	2.33	2.39	2.68	2.4	2.86	2.91	3.02	2.9	2.53	2.28	2.1
Price/Sales Average	1.53	1.61	1.85	1.98	2.22	2.36	2.52	2.43	2.65	2.67	2.62	2.74	2.66	2.53	2.09
Price/Sales High	1.68	1.74	2.01	2.24	2.37	2.52	2.68	2.71	2.91	2.92	3.03	3	2.96	2.75	2.36
Price/Sales Low	1.39	1.46	1.56	1.71	2.07	2.12	2.26	2.1	2.21	2.03	2.21	2.44	2.36	2.23	1.86
Price/Cash Flow	11.63	12.5	13.12	13.7	13.54	14.08	16.98	16.51	19.88	19.28	20.65	23.19	17.24	16.71	16.31
Price/Cash Flow Average	11.41	12.45	12.68	12.57	12.91	13.88	15.99	16.68	18.42	17.73	17.91	21.88	18.12	18.58	16.22
Price/Cash Flow High	12.5	13.45	13.81	14.22	13.75	14.83	16.98	18.59	20.23	19.35	20.71	23.96	20.13	20.19	18.35
Price/Cash Flow Low	10.35	11.28	10.69	10.83	12.01	12.47	14.32	14.44	15.41	13.46	15.12	19.47	16.05	16.41	14.42
Price/Free Cash Flow Average	11.65	12.7	12.94	12.9	13.24	14.11	16.19	16.8	18.63	17.88	17.99	22.04	18.24	18.66	16.29
Price/Free Cash Flow High	12.76	13.72	14.08	14.59	14.1	15.08	17.2	18.73	20.46	19.52	20.8	24.14	20.26	20.28	18.43
Price/Free Cash Flow Low	10.57	11.5	10.91	11.12	12.31	12.68	14.5	14.54	15.59	13.58	15.18	19.61	16.15	16.48	14.47
EV/Sales Average	1.88	1.95	2.15	2.28	2.56	2.69	2.84	2.78	3.05	3.17	3.06	3.14	3.04	2.92	2.52
EV/Sales High	2.02	2.07	2.32	2.55	2.71	2.85	3	3.06	3.31	3.42	3.47	3.4	3.34	3.14	2.79
EV/Sales Low	1.73	1.79	1.86	2.01	2.41	2.45	2.57	2.46	2.61	2.53	2.65	2.83	2.74	2.62	2.29
EV/EBITDA Average	10.09	10.8	11.56	12.48	15.01	13.88	14.26	14.37	15.58	17.04	16.9	18.31	17.96	16.06	15.09
EV/EBITDA High	10.87	11.51	12.44	13.91	15.86	14.71	15.05	15.81	16.9	18.36	19.16	19.83	19.69	17.27	16.73
EV/EBITDA Low	9.32	9.96	10	10.99	14.1	12.65	12.93	12.69	13.36	13.58	14.64	16.55	16.16	14.43	13.7
EV/EBIT Average	12.95	13.99	14.73	15.9	19.35	17.23	17.54	17.79	19.88	22.15	21.77	23.53	23.23	20.81	20.58
EV/EBIT High	13.96	14.91	15.85	17.72	20.45	18.26	18.52	19.56	21.58	23.87	24.68	25.48	25.47	22.38	22.81
EV/EBIT Low	11.96	12.9	12.74	14	18.18	15.7	15.91	15.71	17.06	17.66	18.86	21.27	20.9	18.71	18.68
Last Price	66.52	68.62	83.11	96.75	101.55	105.15	119.96	109.82	137.87	148.25	173.45	182.03	168.65	152.36	144.14
High Price	71.46	73.83	87.47	100.41	103.17	110.71	119.97	123.72	140.32	148.84	173.98	188.13	196.89	184.08	162.2
Enterprise Value Average	124,776	127,478	142,936	152,355	161,650	168,962	180,259	179,809	204,581	223,297	242,964	270,862	278,385	268,154	236,599
Enterprise Value High	134,459	135,887	153,855	169,738	170,808	179,066	190,263	197,729	222,040	240,561	275,510	293,380	305,317	288,373	262,298
Enterprise Value Low	115,251	117,515	123,663	134,139	151,859	153,962	163,536	158,789	175,528	177,998	210,487	244,856	250,486	241,089	214,749

Shares Outstanding	1,564	1,544	1,529	1,488	1,448	1,428	1,420	1,409	1,391	1,380	1,383	1,377	1,374	1,372	1,367
Diluted Weighted Avg Shares	1,597	1,575	1,560	1,527	1,485	1,452	1,438	1,425	1,407	1,392	1,389	1,387	1,383	1,378	1,373
Basic Weighted Avg Shares	1,564	1,544	1,529	1,488	1,448	1,428	1,420	1,415	1,391	1,380	1,383	1,377	1,374	1,372	1,367
Revenue per Share	42.52	42.42	43.44	44.81	43.55	43.98	44.74	45.7	48.28	50.99	57.46	62.74	66.57	66.95	68.69
EBITDA per Share	7.91	7.64	8.09	8.2	7.44	8.52	8.9	8.84	9.44	9.5	10.4	10.74	11.28	12.17	11.46
Operating Income per Share	6.16	5.9	6.35	6.44	6.71	6.87	7.24	7.14	7.4	7.33	8.07	8.25	9.4	9.42	9.87
Basic EPS, GAAP	4.12	4	4.41	4.38	3.76	4.43	3.42	8.84	5.26	5.16	5.51	6.47	6.6	6.98	6.03
Basic EPS from Cont Ops	4.13	4.02	4.44	4.41	3.8	4.47	3.46	8.88	5.29	5.2	5.55	6.52	6.66	7.02	6.07
Diluted EPS, GAAP	4.03	3.92	4.32	4.26	3.67	4.36	3.38	8.78	5.2	5.11	5.48	6.42	6.56	6.95	6
Diluted EPS from Cont Ops	4.05	3.95	4.35	4.29	3.7	4.39	3.41	8.81	5.23	5.15	5.53	6.47	6.62	6.99	6.04
Dividend per Share	2.02	2.14	2.25	2.51	2.79	2.96	3.15	3.48	3.81	3.99	4.2	4.48	4.86	5.27	5.59
Cash Flow per Share	5.72	5.49	6.34	7.06	7.5	7.47	7.06	6.65	6.94	7.69	8.4	7.85	9.78	9.12	8.84
Free Cash Flow per Basic Share	5.72	5.49	6.34	7.06	7.5	7.47	7.06	6.65	6.94	7.69	8.4	7.85	9.78	9.12	8.84
Cash & Equivalents per Share	2.83	4.29	6.33	5.86	8.29	11.29	13.74	6.38	4.13	6.92	4.33	3.88	7.28	6.75	6.97
Book Value per Share	13.14	14.41	15.85	11.69	8.21	7.74	7.64	10.3	10.63	9.75	11.6	12.45	13.47	13.15	14.92
Tangible Book Value per Share	-8.12	-7.28	-5.5	-7.83	-10.62	-11.77	-12.49	-11.44	-12.05	-17.84	-15.19	-12.08	-10.3	-10.42	-9.93

PepsiCo, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)