PepsiCo, Inc. Financial Ratios — PEP.DE 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 (%)	16.63	14.79	15.04	13.63	10.94	12.28	9.22	22.18	12	11.35	11.84	13.4	13.16	13.46	11.36
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 (%)	10.86	9.79	9.99	9.26	7.55	8.39	5.93	- -	8.57	7.85	8.41	9.02	8.68	8.85	7.57
Return on Invested Capital (%)	14.99	13.8	14.09	14.28	15.65	15.65	10.68	- -	17.23	15.18	15.17	16.75	17.24	16.47	16.36
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	19.23	19.38	19.91	19.35	19.56	18.68	18.09	16.94	17.96	18.22	18.81
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	-46.27	-3.61	-35.8	65.01	-14.61	7.24	-5.26	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 (%)	8.53	6.97	7.48	5.93	2.98	4.21	0.91	13.51	3.39	2.7	2.95	4.26	3.64	3.4	0.97

Credit (USD)

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	2.74	3.04	3.11	2.58	2.48	3.39	2.84	2.7	2.72	2.69	2.82
Net Debt/EBITDA	1.84	1.87	1.64	1.86	1.99	2.28	2.27	1.89	2.02	2.74	2.42	2.33	2.09	2.14	2.27
Total Debt/EBIT	2.78	3.11	3.05	3.02	3.43	3.77	3.82	3.2	3.16	4.41	3.65	3.48	3.46	3.48	3.7
Net Debt/EBIT	2.36	2.42	2.09	2.38	2.49	2.83	2.79	2.33	2.58	3.55	3.11	3	2.66	2.77	2.97
EBITDA to Interest Expense	14.45	13.13	13.58	13.43	12.5	9.07	10.99	10.26	14.05	11.66	7.72	15.59	20.06	18.21	15.76
EBITDA-CapEx/Interest Expense	14.45	13.13	13.58	13.43	12.5	9.07	10.99	10.26	14.05	11.66	7.72	15.59	20.06	18.21	15.76
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	55.35	57.86	59.95	69.66	72.48	71.5	66.24	77.23	78.89	68.3	70.57	73.57	69.71	72.68	67.79
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 (%)	30.49	32.84	31.92	30.48	34.81	33.53	36.62	30.63	30.82	37.32	33.96	33.17	32.73	31.72	34.45
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 (%)	39.68	39.56	38.88	36.97	39.66	41.22	42.57	34.99	34.38	41.24	38.44	36.79	38.89	38.3	40.62
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 (%)	35.81	33.74	30.31	31.6	32.32	34.53	35.11	28.21	29.82	35.97	34.57	33.27	32.71	32.89	35.2
EBITDA	12,370	11,801	12,368	12,206	12,128	12,172	12,645	12,509	13,135	13,148	14,377	14,637	16,431	16,735	17,669
EBITDA-CapEx	12,370	11,801	12,368	12,206	12,128	12,172	12,645	12,509	13,135	13,148	14,377	14,637	16,431	16,735	17,669
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)

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	55.35	57.86	59.95	69.66	72.48	71.5	66.24	77.23	78.89	68.3	70.57	73.57	69.71	72.68	67.79
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 (%)	30.49	32.84	31.92	30.48	34.81	33.53	36.62	30.63	30.82	37.32	33.96	33.17	32.73	31.72	34.45
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 (%)	39.68	39.56	38.88	36.97	39.66	41.22	42.57	34.99	34.38	41.24	38.44	36.79	38.89	38.3	40.62
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	5.06	5.05	5.21	5.72	5.59	5.27	5.07	5.34	5.73	5.04	5.54	5.64	5.04	4.95	4.55

Working Capital (USD)

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)

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	102,152	105,796	127,938	143,034	147,094	149,287	169,582	154,983	191,193	203,228	240,034	250,462	232,487	209,277	196,810
- 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	124,852	127,682	148,050	163,356	168,517	170,252	189,486	178,395	218,047	238,385	274,934	284,792	267,279	245,089	237,322
Total Capital	67,467	71,689	76,235	78,165	83,928	89,632	92,277	92,375	94,561	108,174	106,076	107,501	114,853	117,367	122,853
Total Debt/Capital (%)	39.68	39.56	38.88	36.97	39.66	41.22	42.57	34.99	34.38	41.24	38.44	36.79	38.89	38.3	40.62
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	1.88	1.95	2.23	2.45	2.67	2.71	2.98	2.76	3.25	3.39	3.46	3.3	2.92	2.67	2.53
EV/EBITDA	10.09	10.82	11.97	13.38	13.89	13.99	14.99	14.26	16.6	18.13	19.12	19.46	16.27	14.65	13.43
EV/EBIT	12.96	14.01	15.25	17.05	17.35	17.37	18.44	17.65	21.19	23.55	24.63	25.08	20.7	18.97	17.59
EV/Cash Flow to Firm	13.05	13.95	14.26	14.6	14.55	14.6	17.85	16.1	20.99	20.72	21.03	24.55	18.96	18.5	18.26
EV/Free Cash Flow to Firm	13.05	13.95	14.26	14.6	14.55	14.6	17.85	16.1	20.99	20.72	21.03	24.55	18.96	18.5	18.26
Diluted Market Cap	104,307	107,920	130,532	146,783	150,853	151,796	171,731	156,078	193,393	204,995	241,076	252,281	234,010	210,194	197,625
Diluted Enterprise Value	127,365	130,128	150,947	169,697	175,189	179,728	200,535	179,762	220,476	241,518	276,368	287,005	269,094	246,767	238,508
EV per Share	79.83	82.7	96.83	109.78	116.38	119.22	133.44	126.07	156.76	172.74	198.8	206.82	194.53	178.64	173.56
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	12,128	12,172	12,645	12,509	13,135	13,148	14,377	14,637	16,431	16,735	17,669
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	11,081	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	11,081	10,387	11,505	13,073	11,599	14,099	13,248	12,995

Multiples (USD)

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	11.66	12.73	13.47	13.97	13.89	14.24	17.12	16.58	20.04	19.32	20.75	23.34	17.41	16.81	16.35
EV/EBIT	12.96	14.01	15.25	17.05	17.35	17.37	18.44	17.65	21.19	23.55	24.63	25.08	20.7	18.97	17.59
Enterprise Value	124,852	127,682	148,050	163,356	168,517	170,252	189,486	178,395	218,047	238,385	274,934	284,792	267,279	245,089	237,322
Low Price	61.17	60.78	68.28	77.01	87.15	92.29	99.75	95.65	106	101.27	126.65	152.95	156.92	150.53	127.53
EV/Sales	1.88	1.95	2.23	2.45	2.67	2.71	2.98	2.76	3.25	3.39	3.46	3.3	2.92	2.67	2.53
EV/EBITDA	10.09	10.82	11.97	13.38	13.89	13.99	14.99	14.26	16.6	18.13	19.12	19.46	16.27	14.65	13.43
Price/Earnings	15.86	17.13	18.98	21.96	26.98	23.59	34.91	12.38	26.14	28.54	31.51	28.11	25.62	21.85	23.88
Price/Earnings Average	16.72	17.12	18.23	20.28	25.74	23.38	33.01	12.54	24.28	26.43	27.29	26.53	26.83	24.24	23.78
Price/Earnings High	18.41	18.51	20	23.02	27.53	24.98	35.12	13.88	26.68	28.97	31.77	29.14	29.8	26.36	26.81
Price/Earnings Low	14.85	15.19	15.49	17.6	23.15	20.83	29.16	10.81	20.16	19.63	22.99	23.64	23.76	21.56	21.16
Price/Book Value	2.53	2.45	2.75	2.91	2.91	2.84	3.21	2.58	3.09	3.2	3.68	3.69	3.32	2.9	2.7
Price/Book Value Average	2.67	2.45	2.65	2.69	2.78	2.82	3.03	2.62	2.87	2.97	3.19	3.49	3.48	3.21	2.69
Price/Book Value High	2.94	2.65	2.9	3.05	2.97	3.01	3.23	2.9	3.15	3.25	3.71	3.83	3.86	3.49	3.03
Price/Book Value Low	2.37	2.17	2.25	2.33	2.5	2.51	2.68	2.26	2.38	2.2	2.69	3.11	3.08	2.86	2.39
Price/Tangible Book Value	-8.25	-9.5	-15.41	-12.39	-9.63	-8.94	-9.61	-9.67	-11.47	-8.29	-11.49	-15.17	-16.58	-14.78	-14.65
Price/Tangible Book Value Average	-8.7	-9.5	-14.8	-11.44	-9.19	-8.86	-9.09	-9.79	-10.65	-7.68	-9.95	-14.32	-17.37	-16.39	-14.59
Price/Tangible Book Value High	-9.58	-10.27	-16.23	-12.98	-9.83	-9.46	-9.67	-10.83	-11.7	-8.41	-11.58	-15.72	-19.29	-17.82	-16.44
Price/Tangible Book Value Low	-7.72	-8.43	-12.57	-9.93	-8.26	-7.89	-8.03	-8.44	-8.84	-5.7	-8.38	-12.75	-15.38	-14.58	-12.98
Price/Sales	1.54	1.62	1.93	2.14	2.33	2.38	2.67	2.4	2.85	2.89	3.02	2.9	2.54	2.28	2.1
Price/Sales Average	1.62	1.61	1.85	1.98	2.23	2.36	2.52	2.43	2.64	2.67	2.62	2.74	2.66	2.53	2.09
Price/Sales High	1.78	1.75	2.03	2.25	2.38	2.52	2.69	2.69	2.91	2.93	3.05	3.01	2.96	2.75	2.35
Price/Sales Low	1.44	1.43	1.57	1.72	2	2.1	2.23	2.09	2.2	1.99	2.2	2.44	2.36	2.25	1.86
Price/Cash Flow	11.42	12.48	13.21	13.61	13.54	14	16.91	16.46	19.81	19.15	20.66	23.17	17.3	16.73	16.28
Price/Cash Flow Average	12.04	12.47	12.68	12.57	12.91	13.88	15.98	16.66	18.41	17.73	17.9	21.87	18.11	18.57	16.21
Price/Cash Flow High	13.26	13.49	13.91	14.27	13.81	14.82	17.01	18.45	20.23	19.43	20.84	24.02	20.12	20.18	18.28
Price/Cash Flow Low	10.7	11.07	10.78	10.91	11.62	12.36	14.12	14.37	15.28	13.17	15.08	19.48	16.04	16.51	14.43
Price/Free Cash Flow Average	12.3	12.72	12.94	12.9	13.24	14.11	16.19	16.78	18.62	17.89	17.98	22.03	18.23	18.65	16.28
Price/Free Cash Flow High	13.54	13.76	14.19	14.64	14.17	15.07	17.22	18.58	20.46	19.6	20.93	24.19	20.25	20.27	18.35
Price/Free Cash Flow Low	10.92	11.29	10.99	11.19	11.91	12.57	14.3	14.48	15.46	13.28	15.14	19.62	16.15	16.59	14.49
EV/Sales Average	1.97	1.95	2.16	2.32	2.61	2.8	2.98	2.79	3.05	3.19	3.06	3.14	3.05	2.93	2.52
EV/Sales High	2.13	2.08	2.34	2.59	2.77	2.96	3.14	3.05	3.31	3.45	3.49	3.41	3.34	3.15	2.79
EV/Sales Low	1.79	1.77	1.88	2.06	2.39	2.54	2.68	2.46	2.6	2.5	2.65	2.84	2.74	2.65	2.29
EV/EBITDA Average	10.57	10.84	11.59	12.69	13.58	14.45	14.96	14.44	15.58	17.09	16.92	18.52	16.95	16.06	13.4
EV/EBITDA High	11.45	11.57	12.55	14.16	14.38	15.28	15.77	15.78	16.92	18.47	19.29	20.11	18.59	17.27	14.82
EV/EBITDA Low	9.6	9.83	10.09	11.27	12.41	13.12	13.48	12.71	13.29	13.41	14.64	16.76	15.26	14.53	12.18
EV/EBIT Average	13.58	14.04	14.77	16.17	16.95	17.94	18.4	17.86	19.89	22.2	21.79	23.87	21.57	20.8	17.56
EV/EBIT High	14.71	14.99	15.99	18.04	17.96	18.97	19.4	19.52	21.6	23.99	24.85	25.92	23.66	22.37	19.4
EV/EBIT Low	12.33	12.74	12.86	14.35	15.5	16.29	16.59	15.73	16.96	17.41	18.85	21.6	19.41	18.82	15.96
Last Price	65.31	68.52	83.67	96.13	101.58	104.54	119.42	109.53	137.45	147.27	173.56	181.89	169.2	152.54	143.94
High Price	75.84	74.05	88.15	100.75	103.65	110.68	120.13	122.74	140.31	149.46	175.02	188.56	196.8	184	161.56
Enterprise Value Average	130,781	127,969	143,301	154,952	164,643	175,908	189,125	180,569	204,681	224,736	243,209	271,145	278,577	268,791	236,852
Enterprise Value High	141,676	136,547	155,202	172,832	174,422	185,981	199,383	197,355	222,254	242,778	277,343	294,372	305,486	289,019	261,791
Enterprise Value Low	118,727	116,057	124,815	137,512	150,530	159,716	170,445	159,023	174,534	176,274	210,444	245,331	250,698	243,102	215,258

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	8.38	8.52	8.9	8.84	9.44	9.53	10.4	10.63	11.96	12.2	12.92
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	6.36	4.13	6.92	4.33	3.88	7.28	6.75	6.97
Book Value per Share	25.79	27.97	30.38	33.01	34.87	36.79	37.23	42.38	44.55	45.99	47.14	49.25	50.99	52.69	53.25
Tangible Book Value per Share	-7.92	-7.21	-5.43	-7.76	-10.54	-11.7	-12.42	-11.33	-11.99	-17.77	-15.11	-11.99	-10.2	-10.32	-9.83

PepsiCo, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)