PepsiCo Inc (PEP)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 9,074,000 | 8,910,000 | 7,618,000 | 7,120,000 | 7,314,000 |
| Revenue | US$ in thousands | 91,471,000 | 86,392,000 | 79,474,000 | 70,372,000 | 67,161,000 |
| Net profit margin | 9.92% | 10.31% | 9.59% | 10.12% | 10.89% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $9,074,000K ÷ $91,471,000K
= 9.92%
PepsiCo Inc's net profit margin has exhibited fluctuations over the past five years. In 2023, the net profit margin was 9.92%, slightly lower than the previous year's margin of 10.31% in 2022. This downward trend continued from 2021 when the net profit margin was 9.59%. However, it is worth noting that the margin in 2023 remained relatively stable compared to the 2021 level.
Looking further back, PepsiCo Inc experienced a higher net profit margin of 10.12% in 2020 and 10.89% in 2019. This indicates that the company was more profitable in those years compared to the more recent ones. The fluctuations in the net profit margin suggest that PepsiCo Inc's profitability has not been consistent, and it is important for stakeholders to closely monitor the company's financial performance and profitability ratios.
Peer comparison
Dec 31, 2023