PepsiCo Inc (PEP)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 12,887,000 | 12,320,000 | 12,463,000 | 12,074,000 | 11,986,000 | 11,118,000 | 10,456,000 | 8,874,000 | 11,512,000 | 13,259,000 | 13,065,000 | 14,117,000 | 11,162,000 | 11,426,000 | 11,278,000 | 10,468,000 | 10,080,000 | 9,953,000 | 9,797,000 | 9,486,000 |
| 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 |
| Operating profit margin | 14.03% | 13.40% | 13.54% | 13.14% | 13.10% | 12.14% | 11.60% | 10.08% | 13.33% | 15.85% | 15.96% | 17.46% | 14.04% | 14.90% | 15.12% | 14.68% | 14.32% | 14.52% | 14.48% | 14.69% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $12,887,000K ÷ $91,854,000K
= 14.03%
PepsiCo Inc's operating profit margin has shown some fluctuations over the period from March 2021 to December 2024. The operating profit margin was relatively stable around the range of 14% to 15% in 2021 and the first half of 2022. However, there was a notable increase in the operating profit margin in the first quarter of 2022, reaching 17.46%.
Subsequently, there was a slight decrease in the operating profit margin in the following quarters, hovering around 15% in the second half of 2022. However, in the first quarter of 2023, there was a significant drop in the operating profit margin to 10.08%, indicating a decrease in profitability.
In the second half of 2023 and throughout 2024, there was a gradual recovery in the operating profit margin, with the figure ranging from 11.60% to 14.03%. Overall, PepsiCo Inc's operating profit margin has shown some variability in recent years, with periods of both improvement and decline in profitability.
Peer comparison
Dec 31, 2024