PepsiCo, Inc. Financial Ratios — PEP.SW 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	4.67	4.67	4.75	5.3	5.25	4.94	4.75	5.05	5.46	4.87	5.34	5.57	5.02	4.95	4.59

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	68,443	72,781	87,783	105,686	114,271	114,689	132,818	125,011	162,903	180,561	214,592	240,681	229,649	209,359	202,123
- 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	91,143	94,667	107,895	126,008	135,694	135,654	152,722	148,423	189,757	215,718	249,492	275,011	264,441	245,171	242,635
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	0.29	0.3	0.27	0.23	0.25	0.27	0.26	0.22	0.17	0.21	0.16	0.14	0.17	0.18	0.21
EV/Sales	1.37	1.45	1.62	1.89	2.15	2.16	2.4	2.3	2.83	3.07	3.14	3.18	2.89	2.67	2.58
EV/EBITDA	7.37	8.02	8.72	10.32	11.19	11.14	12.08	11.87	14.45	16.41	17.35	18.79	16.09	14.65	13.73
EV/EBIT	9.46	10.39	11.12	13.15	13.97	13.84	14.86	14.68	18.44	21.31	22.35	24.22	20.48	18.98	17.98
EV/Cash Flow to Firm	9.52	10.34	10.39	11.26	11.72	11.63	14.38	13.39	18.27	18.75	19.09	23.71	18.76	18.51	18.67
EV/Free Cash Flow to Firm	9.52	10.34	10.39	11.26	11.72	11.63	14.38	13.39	18.27	18.75	19.09	23.71	18.76	18.51	18.67
Diluted Market Cap	69,887	74,243	89,562	108,456	117,191	116,617	134,501	125,895	164,777	182,131	215,523	242,429	231,153	210,276	202,959
Diluted Enterprise Value	92,945	96,451	109,977	131,370	141,527	144,549	163,305	149,579	191,860	218,654	250,815	277,153	266,237	246,849	243,842
EV per Share	58.28	61.31	70.57	84.68	93.71	95	107.55	104.89	136.42	156.32	180.4	199.72	192.46	178.7	177.45
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	7.81	8.76	9.24	10.32	10.79	10.94	13.41	13.37	17.08	17.16	18.55	22.42	17.2	16.81	16.79
EV/EBIT	9.46	10.39	11.12	13.15	13.97	13.84	14.86	14.68	18.44	21.31	22.35	24.22	20.48	18.98	17.98
Enterprise Value	91,143	94,667	107,895	126,008	135,694	135,654	152,722	148,423	189,757	215,718	249,492	275,011	264,441	245,171	242,635
Low Price	57.71	60.52	65.27	78.53	83.07	92.4	102.18	99.44	105.23	109.25	121.55	153.43	164.71	152.59	125.01
EV/Sales	1.37	1.45	1.62	1.89	2.15	2.16	2.4	2.3	2.83	3.07	3.14	3.18	2.89	2.67	2.58
EV/EBITDA	7.37	8.02	8.72	10.32	11.19	11.14	12.08	11.87	14.45	16.41	17.35	18.79	16.09	14.65	13.73
Price/Earnings	10.62	11.78	13.03	16.23	20.96	18.12	27.35	9.99	22.27	25.36	28.17	27.01	25.31	21.86	24.53
Price/Earnings Average	10.41	11.65	12.74	14.65	19.3	18.13	25.8	10.3	20.46	23.07	23.51	24.4	25.53	23.37	23.7
Price/Earnings High	17.98	18.5	19.79	23.02	30.82	26.22	35.01	14.03	26.48	29.18	31.75	29.25	29.47	25.9	25.64
Price/Earnings Low	14.01	15.13	14.81	17.94	22.07	20.85	29.87	11.24	20.01	21.18	22.07	23.71	24.94	21.86	20.74
Price/Book Value	1.7	1.69	1.89	2.15	2.26	2.18	2.51	2.08	2.63	2.84	3.29	3.55	3.28	2.9	2.78
Price/Book Value Average	1.66	1.67	1.85	1.94	2.08	2.18	2.37	2.15	2.41	2.59	2.75	3.21	3.31	3.1	2.68
Price/Book Value High	2.87	2.65	2.87	3.05	3.33	3.16	3.22	2.93	3.13	3.27	3.71	3.84	3.82	3.43	2.9
Price/Book Value Low	2.24	2.16	2.15	2.38	2.38	2.51	2.74	2.35	2.36	2.38	2.58	3.12	3.23	2.9	2.35
Price/Tangible Book Value	-5.53	-6.53	-10.57	-9.15	-7.48	-6.87	-7.53	-7.8	-9.77	-7.36	-10.27	-14.57	-16.38	-14.78	-15.04
Price/Tangible Book Value Average	-5.41	-6.46	-10.34	-8.26	-6.89	-6.87	-7.1	-8.04	-8.97	-6.7	-8.57	-13.16	-16.52	-15.81	-14.54
Price/Tangible Book Value High	-9.35	-10.26	-16.06	-12.99	-11	-9.93	-9.64	-10.96	-11.62	-8.47	-11.58	-15.78	-19.07	-17.51	-15.72
Price/Tangible Book Value Low	-7.29	-8.39	-12.02	-10.12	-7.88	-7.9	-8.22	-8.78	-8.78	-6.15	-8.05	-12.79	-16.14	-14.78	-12.72
Price/Sales	1.03	1.11	1.32	1.58	1.81	1.83	2.09	1.93	2.43	2.57	2.7	2.79	2.51	2.28	2.15
Price/Sales Average	1.01	1.1	1.29	1.43	1.67	1.83	1.97	1.99	2.23	2.33	2.25	2.52	2.53	2.44	2.08
Price/Sales High	1.74	1.74	2.01	2.25	2.66	2.64	2.68	2.72	2.88	2.95	3.04	3.02	2.92	2.7	2.25
Price/Sales Low	1.36	1.43	1.5	1.75	1.91	2.1	2.28	2.18	2.18	2.14	2.12	2.45	2.47	2.28	1.82
Price/Cash Flow	7.65	8.58	9.06	10.06	10.52	10.76	13.24	13.28	16.88	17.01	18.47	22.26	17.08	16.74	16.72
Price/Cash Flow Average	7.5	8.49	8.86	9.08	9.69	10.76	12.49	13.7	15.51	15.48	15.42	20.11	17.23	17.9	16.16
Price/Cash Flow High	12.95	13.47	13.76	14.27	15.46	15.56	16.95	18.65	20.07	19.58	20.82	24.11	19.89	19.83	17.48
Price/Cash Flow Low	10.09	11.02	10.3	11.12	11.07	12.37	14.47	14.95	15.17	14.21	14.47	19.54	16.84	16.74	14.14
Price/Free Cash Flow Average	7.66	8.66	9.04	9.32	9.93	10.94	12.65	13.79	15.69	15.61	15.49	20.25	17.35	17.98	16.22
Price/Free Cash Flow High	13.22	13.75	14.04	14.65	15.86	15.82	17.17	18.79	20.3	19.75	20.91	24.28	20.02	19.92	17.55
Price/Free Cash Flow Low	10.3	11.24	10.51	11.41	11.35	12.58	14.65	15.05	15.34	14.33	14.53	19.68	16.95	16.81	14.2
EV/Sales Average	1.36	1.44	1.6	1.77	2.05	2.27	2.43	2.36	2.63	2.85	2.7	2.92	2.92	2.84	2.51
EV/Sales High	2.09	2.08	2.32	2.59	3.05	3.09	3.13	3.08	3.29	3.47	3.49	3.42	3.31	3.1	2.68
EV/Sales Low	1.7	1.77	1.81	2.1	2.29	2.55	2.74	2.54	2.58	2.66	2.56	2.85	2.86	2.68	2.26
EV/EBITDA Average	7.29	7.98	8.59	9.69	10.68	11.72	12.19	12.2	13.45	15.27	14.91	17.22	16.23	15.56	13.37
EV/EBITDA High	11.23	11.56	12.43	14.16	15.86	15.92	15.72	15.93	16.81	18.58	19.28	20.18	18.41	17.01	14.27
EV/EBITDA Low	9.16	9.8	9.72	11.45	11.92	13.14	13.75	13.14	13.21	14.24	14.15	16.81	15.91	14.7	11.99
EV/EBIT Average	9.36	10.34	10.95	12.35	13.34	14.55	15	15.1	17.17	19.84	19.21	22.2	20.66	20.16	17.51
EV/EBIT High	14.41	14.98	15.84	18.04	19.8	19.77	19.35	19.71	21.45	24.14	24.83	26.01	23.42	22.03	18.69
EV/EBIT Low	11.76	12.69	12.39	14.59	14.89	16.31	16.92	16.26	16.86	18.5	18.22	21.66	20.24	19.03	15.7
Last Price	43.76	47.14	57.41	71.03	78.92	80.31	93.53	88.35	117.11	130.84	155.16	174.79	167.14	152.59	147.82
High Price	74.04	74	87.21	100.76	116.01	116.18	119.73	124.12	139.25	150.56	174.89	189.29	194.61	180.79	154.49
Enterprise Value Average	90,120	94,176	106,250	118,307	129,560	142,650	154,124	152,646	176,714	200,788	214,417	252,107	266,744	260,444	236,172
Enterprise Value High	138,859	136,458	153,762	172,845	192,312	193,834	198,827	199,313	220,775	244,302	277,171	295,370	302,471	284,613	252,121
Enterprise Value Low	113,309	115,653	120,213	139,768	144,622	159,882	173,893	164,392	173,459	187,292	203,396	245,998	261,390	245,932	211,817

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)