PepsiCo Inc (PEP)

Gross profit margin

		Dec 31, 2024	Sep 7, 2024	Jun 15, 2024	Mar 23, 2024	Dec 31, 2023	Sep 9, 2023	Jun 17, 2023	Mar 31, 2023	Dec 31, 2022	Sep 3, 2022	Jun 11, 2022	Mar 19, 2022	Dec 31, 2021	Sep 4, 2021	Jun 12, 2021	Mar 20, 2021	Dec 31, 2020	Sep 5, 2020	Jun 13, 2020	Mar 21, 2020
Gross profit (ttm)	US$ in thousands	50,110,000	50,260,000	50,115,000	49,734,000	49,590,000	49,413,000	48,298,000	46,907,000	45,816,000	44,358,000	43,490,000	43,017,000	42,399,000	41,310,000	40,450,000	38,970,000	38,575,000	37,840,000	37,399,000	35,738,000
Revenue (ttm)	US$ in thousands	91,854,000	91,920,000	92,054,000	91,875,000	91,471,000	91,617,000	90,135,000	88,038,000	86,392,000	83,644,000	81,862,000	80,854,000	79,474,000	76,681,000	74,583,000	71,311,000	70,372,000	68,557,000	67,654,000	64,593,000
Gross profit margin		54.55%	54.68%	54.44%	54.13%	54.21%	53.93%	53.58%	53.28%	53.03%	53.03%	53.13%	53.20%	53.35%	53.87%	54.23%	54.65%	54.82%	55.19%	55.28%	55.33%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $50,110,000K ÷ $91,854,000K
= 54.55%

PepsiCo Inc's gross profit margin has shown a gradual decline over the analyzed period, starting at 55.33% in March 2020 and dropping to 54.55% by December 2024. The company experienced fluctuations in its gross profit margin, with the lowest point recorded in September 2022 at 53.03%. However, there was a slight recovery in the subsequent periods, with an upward trend observed from March 2023 onwards. This trend indicates that PepsiCo Inc's ability to generate profit from its sales has shown some volatility but has generally remained relatively stable over the analyzed period. Further analysis of the factors influencing this trend would be necessary to understand the drivers behind these fluctuations in the gross profit margin.