PepsiCo, Inc. (PEP)
NASDAQ: PEP · Real-Time Price · USD
134.95
-0.70 (-0.52%)
At close: Jul 23, 2026, 4:00 PM EDT
135.30
+0.35 (0.26%)
Pre-market: Jul 24, 2026, 4:58 AM EDT
PepsiCo Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 13, 2026 | Dec '25 Dec 27, 2025 | Dec '24 Dec 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 25, 2021 |
Net Income | 10,515 | 8,295 | 9,626 | 9,155 | 8,978 | 7,679 |
Depreciation & Amortization | 4,358 | 4,178 | 3,815 | 3,518 | 3,280 | 3,215 |
Stock-Based Compensation | 319 | 288 | 362 | 380 | 343 | 301 |
Other Adjustments | 1,003 | 971 | 182 | 726 | -902 | -297 |
Change in Receivables | -855 | -580 | -138 | -793 | -1,763 | -651 |
Changes in Inventories | -152 | -150 | -314 | -261 | -1,142 | -582 |
Changes in Accounts Payable | 206 | -677 | -943 | 420 | 1,842 | 1,762 |
Changes in Income Taxes Payable | -535 | -433 | -123 | 310 | 57 | 30 |
Changes in Other Operating Activities | -20 | 195 | 40 | -13 | 118 | 159 |
Operating Cash Flow | 13,456 | 12,087 | 12,507 | 13,442 | 10,811 | 11,616 |
Operating Cash Flow Growth | 10.40% | -3.36% | -6.96% | 24.34% | -6.93% | 9.45% |
Capital Expenditures | -4,174 | -4,415 | -5,318 | -5,518 | -5,207 | -4,625 |
Sale of Property, Plant & Equipment | 430 | 528 | 342 | 198 | 251 | 166 |
Purchases of Investments | -190 | -190 | -425 | -555 | -291 | - |
Proceeds from Sale of Investments | 202 | 605 | - | 568 | 150 | 1,135 |
Payments for Business Acquisitions | -409 | -3,391 | -256 | -314 | -873 | -61 |
Proceeds from Business Divestments | - | 39 | 166 | 75 | 3,505 | 169 |
Other Investing Activities | 43 | -55 | 19 | 51 | 35 | -53 |
Investing Cash Flow | -4,144 | -6,879 | -5,472 | -5,495 | -2,430 | -3,269 |
Short-Term Debt Issued | 5,127 | 6,391 | 5,786 | 5,428 | 1,969 | 8 |
Short-Term Debt Repaid | -7,178 | -7,920 | -5,639 | -3,106 | -1,951 | -397 |
Net Short-Term Debt Issued (Repaid) | -2,051 | -1,529 | 147 | 2,322 | 18 | -389 |
Long-Term Debt Issued | 7,642 | 8,189 | 4,042 | 5,482 | 3,377 | 4,122 |
Long-Term Debt Repaid | -3,760 | -4,082 | -3,886 | -3,005 | -4,174 | -8,299 |
Net Long-Term Debt Issued (Repaid) | 3,882 | 4,107 | 156 | 2,477 | -797 | -4,177 |
Issuance of Common Stock | 138 | 97 | 166 | 116 | 138 | 185 |
Repurchase of Common Stock | -985 | -1,000 | -1,000 | -1,000 | -1,500 | -106 |
Net Common Stock Issued (Repurchased) | -847 | -903 | -834 | -884 | -1,362 | 79 |
Common Dividends Paid | -7,809 | -7,638 | -7,229 | -6,682 | -6,172 | -5,815 |
Other Financing Activities | -152 | 984 | 204 | -242 | -210 | -478 |
Financing Cash Flow | -6,977 | -4,979 | -7,556 | -3,009 | -8,523 | -10,780 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | 256 | 422 | -687 | -277 | -465 | -114 |
Net Cash Flow | 2,591 | 651 | -1,208 | 4,661 | -607 | -2,547 |
Free Cash Flow | 9,282 | 7,672 | 7,189 | 7,924 | 5,604 | 6,991 |
Free Cash Flow Growth | 20.98% | 6.72% | -9.28% | 41.40% | -19.84% | 9.70% |
FCF Margin | 9.58% | 8.17% | 7.83% | 8.66% | 6.49% | 8.80% |
Free Cash Flow Per Share | 6.77 | 5.59 | 5.22 | 5.73 | 4.04 | 5.03 |
Levered Free Cash Flow | 11,965 | 9,516 | 7,038 | 12,329 | 7,079 | 3,011 |
Unlevered Free Cash Flow | 11,165 | 8,008 | 7,541 | 8,067 | 8,603 | 8,687 |