PepsiCo Inc (PEP)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 100,495,000 | 99,953,000 | 95,906,000 | 93,042,000 | 92,187,000 | 94,461,000 | 93,103,000 | 92,962,000 | 92,377,000 | 93,254,000 | 92,385,000 | 91,224,000 | 92,918,000 | 92,041,000 | 89,525,000 | 85,062,000 | 78,547,000 | 77,444,000 | 75,466,000 | 77,648,000 |
| ROA | 9.03% | 8.29% | 8.24% | 7.07% | 9.67% | 10.28% | 9.92% | 10.93% | 8.25% | 8.73% | 8.88% | 8.22% | 7.66% | 7.65% | 7.65% | 7.78% | 15.45% | 16.61% | 16.68% | 16.12% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $9,074,000K ÷ $100,495,000K
= 9.03%
The return on assets (ROA) for PepsiCo Inc has shown fluctuations over the past several periods. The trend indicates that the company has been able to generate a satisfactory return on its assets, although there have been periods of both increase and decrease in ROA.
The ROA ranged from a low of 7.07% in March 2023 to a high of 16.68% in March 2019, with the most recent ROA standing at 9.03% as of December 2023. This suggests that the company has been able to effectively utilize its assets to generate profits, albeit with some variability in performance.
Overall, PepsiCo Inc's ROA performance appears to be within a reasonable range compared to historical data, indicating that the company has been able to effectively generate profits relative to its asset base over the analyzed periods. Further analysis and comparison with industry benchmarks may provide additional insights into the company's asset utilization efficiency.
Peer comparison
Dec 31, 2023