PepsiCo Inc (PEP)

Net profit margin

		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	Dec 31, 2019	Sep 7, 2019	Mar 23, 2019	Dec 31, 2018
Net income (ttm)	US$ in thousands	9,074,000	8,290,000	7,900,000	6,581,000	8,910,000	9,714,000	9,236,000	10,165,000	7,618,000	8,141,000	8,208,000	7,496,000	7,120,000	7,041,000	6,850,000	6,617,000	12,133,000	12,865,000	12,585,000	12,515,000
Revenue (ttm)	US$ in thousands	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	70,236,000	66,081,000	64,983,000	64,661,000
Net profit margin		9.92%	9.05%	8.76%	7.48%	10.31%	11.61%	11.28%	12.57%	9.59%	10.62%	11.01%	10.51%	10.12%	10.27%	10.13%	10.24%	17.27%	19.47%	19.37%	19.35%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $9,074,000K ÷ $91,471,000K
= 9.92%

Over the period from Dec 31, 2018, to Dec 31, 2023, PepsiCo Inc's net profit margin has shown fluctuations. The net profit margin indicates the percentage of revenue that translates into profit after deducting all expenses.

PepsiCo's net profit margin ranged from 7.48% to 12.57% over this period. The lowest net profit margin was recorded on Mar 21, 2020, at 7.48%, while the highest was on Mar 19, 2022, at 12.57%.

The trend in the net profit margin shows some variability, with periods of both increase and decrease. Generally, the net profit margin has been above 10%, indicating that the company has been able to maintain healthy levels of profitability over the years.

It is important for investors and analysts to closely monitor the net profit margin as it is a key indicator of a company's efficiency in managing its expenses relative to its revenue. PepsiCo's performance in this area suggests a reasonable level of profitability during the period under review.