PepsiCo Inc (PEP)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 50,110,000 | 49,590,000 | 45,816,000 | 42,399,000 | 38,575,000 |
| Revenue | US$ in thousands | 91,854,000 | 91,471,000 | 86,392,000 | 79,474,000 | 70,372,000 |
| Gross profit margin | 54.55% | 54.21% | 53.03% | 53.35% | 54.82% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $50,110,000K ÷ $91,854,000K
= 54.55%
The gross profit margin of PepsiCo Inc has shown fluctuations over the past five years. Starting at 54.82% on December 31, 2020, it decreased to 53.35% by December 31, 2021. However, there was a further slight decrease to 53.03% by December 31, 2022. The trend reversed in the following years, with the gross profit margin increasing to 54.21% on December 31, 2023, and further improving to 54.55% by December 31, 2024. These fluctuations could be attributed to various factors such as changes in pricing strategies, input costs, and sales volumes. Overall, the company's gross profit margin has shown resilience and has been on an upward trajectory in recent years, indicating effective cost management and pricing strategies.
Peer comparison
Dec 31, 2024