This is the standing evidence sheet for Pepsico (PEP): the yardsticks BullScope computes from official SEC filings and market prices. It refreshes whenever a new edition of our research is published, and it is impersonal by design, every reader sees the same page. Nothing here is investment advice; it is the evidence, organized.
The price tag: what buyers pay per dollar of profit
Today the market pays about $20.8 for each $1 of Pepsico’s annual profit (a price-to-earnings ratio of 20.8). Across its own past decade the typical price tag was 26.2, which puts today at roughly the 12th percentile of the company’s own history.
The tape: what the stock itself has done
- Last price: $127.30 (end-of-day market data as of the edition date · methodology) · 25% below its 52-week high
- Past 6 months: -18.3% · past 12 months: -15.2%
- Day-to-day temperament: normal (annualized volatility 21%)
The filed record: straight from the annual reports
| Fiscal year | Revenue | Growth | Operating margin | EPS |
|---|---|---|---|---|
| FY2021 | $79.5B | +12.9% | 14.0% | $5.49 |
| FY2022 | $86.4B | +8.7% | 13.3% | $6.42 |
| FY2023 | $91.5B | +5.9% | 13.1% | $6.56 |
| FY2024 | $91.9B | +0.4% | 14.0% | $6.95 |
| FY2025 | $93.9B | +2.3% | 12.2% | $6 |
The road ahead: filed results vs published expectations
| FY2023A | FY2024A | FY2025A | FY2026E | FY2027E | |
|---|---|---|---|---|---|
| Net sales ($B) | 91.5 | 91.9 | 93.9 | 96.0 to 100.0 | 98.0 to 105.0 |
| Net sales growth (%) | +2.8 | +0.4 | +2.2 | 2.0 to 2.8 | 2.1 to 3.1 |
| Operating margin (%) | 13.1 | 14.0 | 12.2 | 11.8 to 13.0 | 12.0 to 13.5 |
| Diluted EPS ($) | 6.56 | 6.95 | 6.00 | 6.15 to 7.20 | 6.15 to 7.65 |
| R&D ($B) | 0.8 | 0.8 | 0.8 | 0.8 to 0.9 | 0.8 to 0.9 |
Columns marked A are actual filed results; E columns are the published consensus ranges the current price is being weighed against.
The four gauges: from the latest edition
BullScope coverage of Pepsico
- PepsiCo’s organic growth accelerates to 3.1% as international volume offsets North America pricing pressure
- PepsiCo: The Stock Is Priced for Doubt. The Filing Tells a Different Story.
Read the full report on Pepsico in the BullScope Terminal → It opens with this company loaded.
Edition date: 2026-10-13. This page updates when a new edition is published. Sources: SEC EDGAR filings, Nasdaq prices; computed by BullScope’s published methodology.









