PepsiCo Inc (PEP)
Debt-to-equity ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 37,224,000 | — | — | — | 37,595,000 | — | — | — | 35,657,000 | — | — | — | 36,026,000 | — | — | — | 40,370,000 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 18,041,000 | 19,453,000 | 19,446,000 | 19,047,000 | 18,503,000 | 18,806,000 | 17,685,000 | 17,042,000 | 17,149,000 | 18,977,000 | 18,553,000 | 18,202,000 | 16,043,000 | 15,872,000 | 15,299,000 | 13,947,000 | 13,454,000 | 13,483,000 | 12,491,000 | 13,465,000 |
| Debt-to-equity ratio | 2.06 | 0.00 | 0.00 | 0.00 | 2.03 | 0.00 | 0.00 | 0.00 | 2.08 | 0.00 | 0.00 | 0.00 | 2.25 | 0.00 | 0.00 | 0.00 | 3.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $37,224,000K ÷ $18,041,000K
= 2.06
The debt-to-equity ratio of PepsiCo Inc has fluctuated over the periods indicated. In December 2020, the ratio was 3.00, indicating that the company had a higher level of debt compared to equity. However, this ratio decreased significantly to 2.25 by December 2021 and continued to decline to 2.03 by December 2023. This decline suggests that PepsiCo has been reducing its reliance on debt financing in relation to equity.
Overall, the trend in the debt-to-equity ratio for PepsiCo Inc shows a reduction in the level of debt relative to equity over the analyzed periods. It is essential to monitor this ratio to assess the company's financial leverage and risk management strategies.
Peer comparison
Dec 31, 2024