PepsiCo Inc (PEP)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 91,854,000 | 91,471,000 | 86,392,000 | 79,474,000 | 70,372,000 |
| Property, plant and equipment | US$ in thousands | 28,008,000 | 27,039,000 | 24,291,000 | 22,407,000 | 21,369,000 |
| Fixed asset turnover | 3.28 | 3.38 | 3.56 | 3.55 | 3.29 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $91,854,000K ÷ $28,008,000K
= 3.28
PepsiCo Inc's fixed asset turnover has shown a consistent trend over the past five years. The ratio increased from 3.29 in December 31, 2020, to 3.55 in December 31, 2021, and continued to improve to 3.56 in December 31, 2022. However, in December 31, 2023, there was a slight dip to 3.38, followed by a further decrease to 3.28 in December 31, 2024. This indicates that PepsiCo is generating $3.28 in revenue for every dollar invested in fixed assets at the end of 2024. Overall, the company has been efficiently utilizing its fixed assets to generate revenue, although there was a small decline in the most recent year.
Peer comparison
Dec 31, 2024