PEP
Pepsico Inc Consumer Staples Beverages S&P 500Nasdaq-100Russell 3000
$137.34Close
$187.7BMarket cap
$123.73 – $165.4552-week range
Late-decemberNext report · estimated
Highlights
Strengths
- Earnings growing EPS +137% year on year, faster than the quarter before (+109 pts)
Cautions
- Not in an uptrend 2 of 8 trend conditions
- Lagging the market RS 35 · weaker than 65% of stocks over 12 months
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
17%
1wk
up 1.2%
price change
1mo
up 8.4%
price change
12-month return
down 3%
market up 11% ·
its own down 13%
F-score
6 / 9
Mixed
Altman Z
3.42
Low risk
P/E
22.8×
price / earnings
PEG
—
P/E / EPS growth
P/B
9.2×
price / book
Earnings yield
up 5.2%
EBIT / enterprise value
Cheaper than
48%
of the market · around average
Revenue growth
up 2%
year on year
EPS growth
up 137%
latest quarter · +109 pts
Sales growth
up 6%
latest quarter · -2 pts
ROE
up 43%
return on equity
Free cash margin
up 8%
$7.7B FCF
D/E
2.07
long-term debt / equity
Net debt / EBITDA
2.2×
Interest cover
10.3×EBIT / interest
Piotroski tests
- profitability slipped from last year
- took on more long-term debt
- gross margin narrowed
- profitable on its assets
- generating cash from operations
- profits backed by cash
- short-term liquidity improved
- no new shares issued
- assets working harder
Trade setup
ATR%
2.1%
$2.90 a day · 2×ATR $131.53
RS
35 / 99
vs the universe
Trend
2 / 8
trend template
Relative volume
2.2×
vs 50-day average
Up/down volume
0.84
50 sessions
Implied move
—
no scheduled report
Trend template · 2 of 8
- Price above the 50-day average: passes
- Within 25% of the 52-week high: passes
Screen verdict
Did not qualify for any screen.
Warning signs
- No restatement or impairment
- Equity positive
- Interest covered
- No material dilution
- Profits tracking cash
- Margins and revenue not shrinking
Last reported
Oct 8, 2026
Results reaction
Oct 8, 2026+2% vs market2 sessions after results
Options
$14.4M23.1% IV · activity
Financials
- Gross 54%
- Net 9%
- Free cash 8%
- Cash
- Long-term debt
| FY2020Dec 26, 2020 | FY2021Dec 25, 2021 | FY2022Dec 31, 2022 | FY2023Dec 30, 2023 | FY2024Dec 28, 2024 | FY2025Dec 27, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $70.4B | $79.5B | $86.4B | $91.5B | $91.9B | $93.9B |
| Gross margin | 55% | 53% | 53% | 54% | 55% | 54% |
| Operating income | $10.1B | $11.2B | $11.5B | $12.0B | $12.9B | $11.5B |
| Net income | $7.1B | $7.6B | $8.9B | $9.1B | $9.6B | $8.2B |
| Net margin | 10% | 10% | 10% | 10% | 10% | 9% |
| Earnings per share | $5.11 | $5.48 | $6.42 | $6.56 | $6.95 | $6.00 |
| Free cash flow | $6.4B | $7.0B | $5.6B | $7.9B | $7.2B | $7.7B |
| Free cash margin | 9% | 9% | 6% | 9% | 8% | 8% |
| Cash | $8.2B | $5.6B | $5.0B | $9.7B | $8.5B | $9.2B |
| Long-term debt | $40.4B | $36.0B | $35.7B | $37.6B | $37.2B | $42.3B |
| Shareholders' equity | $13.5B | $16.0B | $17.1B | $18.5B | $18.0B | $20.4B |
| Shares outstanding | 1.38bn | 1.38bn | 1.38bn | 1.37bn | 1.37bn | 1.37bn |
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $130 – $145 ±5.4% by Nov 27, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- Smaller 23.1% priced · 26.2% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- About the same
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: costs more
Positioning
- Premium traded
- $14.4M calls $10.4M · puts $4.0M · latest session
- 0.39× +0.32 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls +4.67k · puts -10.22k past week
For options traders: ATM IV 23.1% (+1.3% 1w) · 1m ÷ 3m IV 1.02 · 25Δ skew 0.7 pts · Net GEX $42.5M
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 8, 2026 | Quarterly ↗ | Sep 5, 2026 | 33d |
| Jul 9, 2026 | Quarterly ↗ | Jun 13, 2026 | 26d |
| Apr 16, 2026 | Quarterly ↗ | Mar 21, 2026 | 26d |
| Feb 3, 2026 | Annual ↗ | Dec 27, 2025 | 38d |
| Oct 9, 2025 | Quarterly ↗ | Sep 6, 2025 | 33d |
| Jul 17, 2025 | Quarterly ↗ | Jun 14, 2025 | 33d |
| Apr 24, 2025 | Quarterly ↗ | Mar 22, 2025 | 33d |
| Feb 4, 2025 | Annual ↗ | Dec 28, 2024 | 38d |
| Oct 8, 2024 | Quarterly ↗ | Sep 7, 2024 | 31d |
| Jul 11, 2024 | Quarterly ↗ | Jun 15, 2024 | 26d |
| Apr 23, 2024 | Quarterly ↗ | Mar 23, 2024 | 31d |
| Feb 9, 2024 | Annual ↗ | Dec 30, 2023 | 41d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 16, 2026 | Other events ↗ |
| Oct 8, 2026 | Results ↗ |
| Sep 17, 2026 | Director or officer change ↗ |
| Jul 9, 2026 | Results ↗ |
| May 22, 2026 | Other events ↗ |
| May 8, 2026 | Shareholder vote ↗ |
| Apr 16, 2026 | Results ↗ |
| Feb 11, 2026 | Other events ↗ |
| Feb 3, 2026 | Results ↗ |
| Dec 15, 2025 | Director or officer change ↗ |
| Dec 8, 2025 | Regulation FD ↗ |
| Oct 9, 2025 | Results · Director or officer change ↗ |