63/100B144.550
USD
1.94
(1.36%)
Market Open
Last updated: · Delayed 15 min
Fair value205.24Plus-30%126Price 144.55328
Q4 FY2026 · Earnings report
EPS estimate 2.24Revenue estimate 30.42B
Q4 FY2026 · Earnings report
EPS estimate 2.24Revenue estimate 30.42B
PepsiCo debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
PepsiCo's debt to equity ratio is 2.33: total debt of 51.88B USD against shareholders' equity of 22.29B USD.
- Today
- 2.33
- Average, 5 years
- 2.41
- Low, 5 years
- 2.07
- High, 5 years
- 2.79
Debt to equity = total debt ÷ shareholders' equity = 51.88B ÷ 22.29B = 2.33
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 2.33 | 51.88B | 22.29B | |
| FY2025 | 27 Dec 2025 | 2.45 | 49.90B | 20.41B |
| FY2024 | 31 Dec 2024 | 2.49 | 44.95B | 18.04B |
| FY2023 | 31 Dec 2023 | 2.41 | 44.66B | 18.50B |
| FY2022 | 31 Dec 2022 | 2.31 | 39.55B | 17.15B |
| FY2021 | 31 Dec 2021 | 2.54 | 40.78B | 16.04B |
| FY2020 | 31 Dec 2020 | 3.32 | 44.61B | 13.45B |
| FY2019 | 31 Dec 2019 | 2.20 | 32.51B | 14.79B |
| FY2018 | 31 Dec 2018 | 2.23 | 32.32B | 14.52B |
| FY2017 | 31 Dec 2017 | 3.61 | 39.28B | 10.89B |
| FY2016 | 31 Dec 2016 | 3.33 | 36.95B | 11.10B |
| FY2015 | 31 Dec 2015 | 2.79 | 33.28B | 11.92B |
| FY2014 | 31 Dec 2014 | 1.66 | 28.90B | 17.44B |
| FY2013 | 31 Dec 2013 | 1.22 | 29.64B | 24.28B |
| FY2012 | 31 Dec 2012 | 1.27 | 28.36B | 22.29B |
| FY2011 | 31 Dec 2011 | 1.30 | 26.77B | 20.59B |
| FY2010 | 31 Dec 2010 | 1.18 | 24.90B | 21.16B |
| FY2009 | 31 Dec 2009 | 0.47 | 7.86B | 16.80B |
| FY2008 | 31 Dec 2008 | 0.68 | 8.23B | 12.11B |
| FY2007 | 31 Dec 2007 | 0.24 | 4.20B | 17.23B |
| FY2006 | 31 Dec 2006 | 0.18 | 2.82B | 15.45B |
| FY2005 | 31 Dec 2005 | 0.36 | 5.20B | 14.32B |
| FY2004 | 31 Dec 2004 | 0.25 | 3.45B | 13.57B |
| FY2003 | 31 Dec 2003 | 0.19 | 2.29B | 11.90B |
| FY2002 | 31 Dec 2002 | 0.30 | 2.75B | 9.30B |
| FY2001 | 31 Dec 2001 | 0.35 | 3.01B | 8.65B |
| FY2000 | 31 Dec 2000 | 0.42 | 3.21B | 7.60B |
| FY1999 | 31 Dec 1999 | 0.44 | 3.05B | 6.88B |
| FY1998 | 31 Dec 1998 | 1.24 | 7.95B | 6.40B |
| FY1997 | 31 Dec 1997 | 0.71 | 4.95B | 6.94B |
| FY1996 | 31 Dec 1996 | 1.24 | 8.20B | 6.62B |
| FY1995 | 31 Dec 1995 | 1.26 | 9.22B | 7.31B |
| FY1994 | 31 Dec 1994 | 1.39 | 9.52B | 6.86B |
| FY1993 | 31 Dec 1993 | 1.52 | 9.63B | 6.34B |
| FY1992 | 31 Dec 1992 | 1.62 | 8.67B | 5.36B |
| FY1991 | 31 Dec 1991 | 1.45 | 8.03B | 5.55B |
| FY1990 | 31 Dec 1990 | 1.47 | 7.23B | 4.90B |
| FY1989 | 31 Dec 1989 | 1.71 | 6.64B | 3.89B |
| FY1988 | 31 Dec 1988 | 1.30 | 4.11B | 3.16B |
| FY1987 | 31 Dec 1987 | 1.17 | 2.93B | 2.51B |
| FY1986 | 31 Dec 1986 | 1.39 | 2.87B | 2.06B |
| FY1985 | 31 Dec 1985 | 0.82 | 1.51B | 1.84B |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 5 Sept 2026 | 2.33 | 51.88B | 22.29B |
| Q2 FY2026 | 13 Jun 2026 | 2.41 | 53.21B | 22.10B |
| Q1 FY2026 | 21 Mar 2026 | 2.47 | 52.73B | 21.38B |
| Q4 FY2025 | 27 Dec 2025 | 2.45 | 49.90B | 20.41B |
| Q3 FY2025 | 6 Sept 2025 | 2.62 | 50.85B | 19.39B |
| Q2 FY2025 | 14 Jun 2025 | 2.79 | 51.38B | 18.42B |
| Q1 FY2025 | 22 Mar 2025 | 2.64 | 48.52B | 18.39B |
| Q4 FY2024 | 31 Dec 2024 | 2.49 | 44.95B | 18.04B |
| Q3 FY2024 | 7 Sept 2024 | 2.31 | 45.01B | 19.45B |
| Q2 FY2024 | 15 Jun 2024 | 2.31 | 44.93B | 19.45B |
| Q1 FY2024 | 23 Mar 2024 | 2.41 | 45.87B | 19.05B |
| Q4 FY2023 | 31 Dec 2023 | 2.41 | 44.66B | 18.50B |
| Q3 FY2023 | 9 Sept 2023 | 2.38 | 44.77B | 18.81B |
| Q2 FY2023 | 17 Jun 2023 | 2.47 | 43.62B | 17.69B |
| Q1 FY2023 | 25 Mar 2023 | 2.45 | 41.77B | 17.04B |
| Q4 FY2022 | 31 Dec 2022 | 2.31 | 39.55B | 17.15B |
| Q3 FY2022 | 3 Sept 2022 | 2.07 | 39.25B | 18.98B |
| Q2 FY2022 | 11 Jun 2022 | 2.12 | 39.28B | 18.55B |
| Q1 FY2022 | 19 Mar 2022 | 2.20 | 40.05B | 18.20B |
| Q4 FY2021 | 31 Dec 2021 | 2.54 | 40.78B | 16.04B |
| Q3 FY2021 | 4 Sept 2021 | 2.60 | 41.26B | 15.87B |
| Q2 FY2021 | 12 Jun 2021 | 2.76 | 42.30B | 15.30B |
| Q1 FY2021 | 20 Mar 2021 | 3.13 | 43.67B | 13.95B |
| Q4 FY2020 | 31 Dec 2020 | 3.32 | 44.61B | 13.45B |
| Q3 FY2020 | 5 Sept 2020 | 3.31 | 44.57B | 13.48B |
| Q2 FY2020 | 13 Jun 2020 | 3.60 | 44.98B | 12.49B |
| Q1 FY2020 | 21 Mar 2020 | 3.06 | 41.24B | 13.47B |
| Q4 FY2019 | 31 Dec 2019 | 2.20 | 32.51B | 14.79B |
| Q3 FY2019 | 7 Sept 2019 | 2.30 | 32.55B | 14.13B |
| Q2 FY2019 | 15 Jun 2019 | 2.24 | 31.19B | 13.95B |
| Q1 FY2019 | 23 Mar 2019 | 2.24 | 31.75B | 14.20B |
| Q4 FY2018 | 31 Dec 2018 | 2.23 | 32.32B | 14.52B |
| Q3 FY2018 | 8 Sept 2018 | 3.41 | 35.12B | 10.29B |
| Q2 FY2018 | 16 Jun 2018 | 4.01 | 40.59B | 10.11B |
| Q1 FY2018 | 24 Mar 2018 | 4.00 | 43.53B | 10.88B |
| Q4 FY2017 | 31 Dec 2017 | 3.61 | 39.28B | 10.89B |
| Q3 FY2017 | 9 Sept 2017 | 2.95 | 39.17B | 13.30B |
| Q2 FY2017 | 17 Jun 2017 | 3.18 | 39.48B | 12.40B |
| Q1 FY2017 | 25 Mar 2017 | 3.34 | 38.66B | 11.57B |
| Q4 FY2016 | 31 Dec 2016 | 3.33 | 36.95B | 11.10B |
| Q3 FY2016 | 3 Sept 2016 | 2.83 | 35.61B | 12.60B |
| Q2 FY2016 | 11 Jun 2016 | 2.91 | 35.62B | 12.25B |
| Q1 FY2016 | 19 Mar 2016 | 3.16 | 35.09B | 11.11B |
| Q4 FY2015 | 31 Dec 2015 | 2.79 | 33.28B | 11.92B |
| Q3 FY2015 | 5 Sept 2015 | 2.37 | 31.84B | 13.46B |
| Q2 FY2015 | 13 Jun 2015 | 1.93 | 31.46B | 16.33B |
| Q1 FY2015 | 21 Mar 2015 | 1.91 | 30.37B | 15.87B |
| Q4 FY2014 | 31 Dec 2014 | 1.66 | 28.90B | 17.44B |
| Q3 FY2014 | 6 Sept 2014 | 1.42 | 32.74B | 23.07B |
| Q2 FY2014 | 14 Jun 2014 | 1.40 | 32.85B | 23.47B |
| Q1 FY2014 | 22 Mar 2014 | 1.41 | 32.07B | 22.77B |
| Q4 FY2013 | 31 Dec 2013 | 1.22 | 29.64B | 24.28B |
| Q3 FY2013 | 7 Sept 2013 | 1.33 | 29.55B | 22.29B |
| Q2 FY2013 | 15 Jun 2013 | 1.30 | 29.51B | 22.66B |
| Q1 FY2013 | 23 Mar 2013 | 1.32 | 29.40B | 22.35B |
| Q4 FY2012 | 31 Dec 2012 | 1.27 | 28.36B | 22.29B |
| Q3 FY2012 | 8 Sept 2012 | 1.30 | 27.94B | 21.44B |
| Q2 FY2012 | 16 Jun 2012 | 1.38 | 28.33B | 20.46B |
| Q1 FY2012 | 24 Mar 2012 | 1.22 | 27.71B | 22.64B |
| Q4 FY2011 | 31 Dec 2011 | 1.30 | 26.77B | 20.59B |
| Q3 FY2011 | 3 Sept 2011 | 1.14 | 26.85B | 23.58B |
| Q2 FY2011 | 11 Jun 2011 | 1.14 | 27.32B | 23.95B |
| Q1 FY2011 | 19 Mar 2011 | 1.24 | 27.20B | 21.99B |
| Q4 FY2010 | 31 Dec 2010 | 1.18 | 24.90B | 21.16B |
| Q3 FY2010 | 4 Sept 2010 | 1.21 | 24.20B | 19.94B |
| Q2 FY2010 | 12 Jun 2010 | 1.23 | 24.08B | 19.63B |
| Q1 FY2010 | 20 Mar 2010 | 1.01 | 21.86B | 21.58B |
| Q4 FY2009 | 31 Dec 2009 | 0.47 | 7.86B | 16.80B |
| Q3 FY2009 | 5 Sept 2009 | 0.52 | 7.95B | 15.29B |
| Q2 FY2009 | 13 Jun 2009 | 0.62 | 8.62B | 13.98B |
| Q1 FY2009 | 21 Mar 2009 | 0.81 | 9.50B | 11.68B |
| Q4 FY2008 | 31 Dec 2008 | 0.68 | 8.23B | 12.11B |
| Q3 FY2008 | 6 Sept 2008 | 0.48 | 7.74B | 16.15B |
| Q2 FY2008 | 14 Jun 2008 | 0.36 | 6.05B | 16.75B |
| Q1 FY2008 | 22 Mar 2008 | 0.36 | 5.99B | 16.81B |
| Q4 FY2007 | 31 Dec 2007 | 0.24 | 4.20B | 17.23B |
| Q3 FY2007 | 8 Sept 2007 | 0.18 | 2.98B | 16.33B |
| Q2 FY2007 | 16 Jun 2007 | 0.23 | 3.63B | 15.96B |
| Q1 FY2007 | 24 Mar 2007 | 0.18 | 2.81B | 15.43B |
| Q4 FY2006 | 31 Dec 2006 | 0.18 | 2.82B | 15.45B |
| Q3 FY2006 | 9 Sept 2006 | 0.19 | 3.10B | 16.08B |
| Q2 FY2006 | 17 Jun 2006 | 0.24 | 3.70B | 15.31B |
| Q1 FY2006 | 25 Mar 2006 | 0.30 | 4.50B | 14.81B |
| Q4 FY2005 | 31 Dec 2005 | 0.36 | 5.20B | 14.32B |
| Q3 FY2005 | 3 Sept 2005 | 0.32 | 4.57B | 14.16B |
| Q2 FY2005 | 11 Jun 2005 | 0.30 | 4.33B | 14.25B |
| Q1 FY2005 | 19 Mar 2005 | 0.30 | 4.19B | 13.97B |
| Q4 FY2004 | 31 Dec 2004 | 0.25 | 3.45B | 13.57B |
| Q3 FY2004 | 4 Sept 2004 | 0.21 | 2.66B | 12.83B |
| Q2 FY2004 | 12 Jun 2004 | 0.23 | 2.87B | 12.36B |
| Q1 FY2004 | 20 Mar 2004 | 0.17 | 2.11B | 12.52B |
| Q4 FY2003 | 31 Dec 2003 | 0.19 | 2.29B | 11.90B |
| Q3 FY2003 | 30 Sept 2003 | 0.21 | 2.28B | 10.92B |
| Q2 FY2003 | 14 Jun 2003 | 0.22 | 2.31B | 10.64B |
| Q1 FY2003 | 22 Mar 2003 | 0.26 | 2.44B | 9.54B |
| Q4 FY2002 | 31 Dec 2002 | 0.30 | 2.75B | 9.30B |
| Q3 FY2002 | 7 Sept 2002 | 0.32 | 3.03B | 9.52B |
| Q2 FY2002 | 15 Jun 2002 | 0.31 | 3.10B | 10.03B |
| Q1 FY2002 | 23 Mar 2002 | 0.33 | 3.06B | 9.22B |
| Q4 FY2001 | 31 Dec 2001 | 0.35 | 3.01B | 8.65B |
| Q3 FY2001 | 8 Sept 2001 | 0.29 | 2.81B | 9.74B |
| Q2 FY2001 | 16 Jun 2001 | 0.25 | 2.13B | 8.64B |
| Q1 FY2001 | 24 Mar 2001 | 0.35 | 2.62B | 7.56B |
| Q4 FY2000 | 31 Dec 2000 | 0.42 | 3.21B | 7.60B |
| Q3 FY2000 | 2 Sept 2000 | 0.41 | 2.85B | 6.89B |
| Q2 FY2000 | 10 Jun 2000 | 0.44 | 2.98B | 6.75B |
| Q1 FY2000 | 18 Mar 2000 | 0.49 | 3.18B | 6.51B |
| Q4 FY1999 | 31 Dec 1999 | 0.44 | 3.05B | 6.88B |
| Q3 FY1999 | 4 Sept 1999 | 0.40 | 2.74B | 6.88B |
| Q2 FY1999 | 12 Jun 1999 | 0.80 | 5.56B | 6.94B |
| Q1 FY1999 | 20 Mar 1999 | 1.90 | 12.46B | 6.55B |
| Q4 FY1998 | 31 Dec 1998 | 1.24 | 7.95B | 6.40B |
| Q3 FY1998 | 5 Sept 1998 | 0.68 | 4.23B | 6.22B |
| Q2 FY1998 | 13 Jun 1998 | 0.80 | 4.88B | 6.08B |
| Q1 FY1998 | 21 Mar 1998 | 0.72 | 4.72B | 6.52B |
| Q4 FY1997 | 31 Dec 1997 | 0.71 | 4.95B | 6.94B |
| Q3 FY1997 | 6 Sept 1997 | 1.41 | 8.93B | 6.35B |
| Q2 FY1997 | 14 Jun 1997 | 1.29 | 8.52B | 6.62B |
| Q1 FY1997 | 22 Mar 1997 | 1.30 | 8.44B | 6.49B |
| Q4 FY1996 | 31 Dec 1996 | 1.24 | 8.20B | 6.62B |
| Q3 FY1996 | 7 Sept 1996 | 1.33 | 9.56B | 7.21B |
| Q2 FY1996 | 15 Jun 1996 | 1.32 | 9.81B | 7.45B |
| Q1 FY1996 | 23 Mar 1996 | 1.28 | 9.46B | 7.36B |
| Q4 FY1995 | 31 Dec 1995 | 1.26 | 9.22B | 7.31B |
| Q3 FY1995 | 9 Sept 1995 | 1.27 | 9.52B | 7.49B |
| Q2 FY1995 | 17 Jun 1995 | 1.40 | 10.15B | 7.23B |
| Q1 FY1995 | 25 Mar 1995 | 1.47 | 9.99B | 6.78B |
| Q4 FY1994 | 31 Dec 1994 | 1.39 | 9.52B | 6.86B |
| Q3 FY1994 | 30 Sept 1994 | 1.42 | 9.74B | 6.87B |
| Q2 FY1994 | 30 Jun 1994 | 1.64 | 10.44B | 6.38B |
| Q1 FY1994 | 31 Mar 1994 | 1.68 | 10.45B | 6.20B |
| Q4 FY1993 | 31 Dec 1993 | 1.52 | 9.63B | 6.34B |
| Q3 FY1993 | 30 Sept 1993 | 1.52 | 8.98B | 5.90B |
| Q2 FY1993 | 30 Jun 1993 | 1.65 | 9.08B | 5.50B |
| Q1 FY1993 | 31 Mar 1993 | 1.65 | 9.17B | 5.54B |
| Q4 FY1992 | 31 Dec 1992 | 1.62 | 8.67B | 5.36B |
| Q3 FY1992 | 30 Sept 1992 | 1.37 | 8.89B | 6.50B |
| Q2 FY1992 | 30 Jun 1992 | 1.49 | 8.89B | 5.98B |
| Q1 FY1992 | 31 Mar 1992 | 1.62 | 8.88B | 5.49B |
| Q4 FY1991 | 31 Dec 1991 | 1.45 | 8.03B | 5.55B |
| Q3 FY1991 | 30 Sept 1991 | 1.62 | 8.41B | 5.20B |
| Q2 FY1991 | 30 Jun 1991 | 1.65 | 8.19B | 4.96B |
| Q1 FY1991 | 31 Mar 1991 | 1.59 | 8.03B | 5.04B |
| Q4 FY1990 | 31 Dec 1990 | 1.47 | 7.23B | 4.90B |
| Q3 FY1990 | 30 Sept 1990 | 1.51 | 6.99B | 4.63B |
| Q2 FY1990 | 30 Jun 1990 | 1.68 | 7.21B | 4.29B |
| Q1 FY1990 | 31 Mar 1990 | 1.77 | 7.05B | 3.97B |
| Q4 FY1989 | 31 Dec 1989 | 1.71 | 6.64B | 3.89B |
| Q3 FY1989 | 30 Sept 1989 | 1.84 | 6.72B | 3.66B |
| Q2 FY1989 | 30 Jun 1989 | 1.69 | 5.83B | 3.45B |
| Q1 FY1989 | 31 Mar 1989 | — | — | — |
| Q4 FY1988 | 31 Dec 1988 | 1.30 | 4.11B | 3.16B |
| Q3 FY1988 | 30 Sept 1988 | — | — | — |
| Q2 FY1988 | 30 Jun 1988 | — | — | — |
| Q1 FY1988 | 31 Mar 1988 | — | — | — |
| Q4 FY1987 | 31 Dec 1987 | 1.17 | 2.93B | 2.51B |
| Q3 FY1987 | 30 Sept 1987 | — | — | — |
| Q2 FY1987 | 30 Jun 1987 | — | — | — |
| Q1 FY1987 | 31 Mar 1987 | — | — | — |
| Q4 FY1986 | 31 Dec 1986 | 1.39 | 2.87B | 2.06B |
| Q3 FY1986 | 30 Sept 1986 | — | — | — |
| Q2 FY1986 | 30 Jun 1986 | — | — | — |
| Q1 FY1986 | 31 Mar 1986 | — | — | — |
| Q4 FY1985 | 31 Dec 1985 | 0.82 | 1.51B | 1.84B |
| Q3 FY1985 | 30 Sept 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Current ratio,All ratios
Common questions about PepsiCo's debt to equity
Source: Financial Modeling PrepVerified against SEC filings