PepsiCo, Inc. (PEP) Operating margin 2016–2025
PepsiCo, Inc. (PEP) operating margin by fiscal year — reported operating income divided by reported revenue.
12.2%FY2025 · since FY2016: 15.6% → 12.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 12.2% | -1.8 pp |
| FY2024 | 14.0% | +0.9 pp |
| FY2023 | 13.1% | -0.2 pp |
| FY2022 | 13.3% | -0.7 pp |
| FY2021 | 14.0% | -0.3 pp |
| FY2020 | 14.3% | -1.0 pp |
| FY2019 | 15.3% | -0.3 pp |
| FY2018 | 15.6% | -0.5 pp |
| FY2017 | 16.2% | +0.6 pp |
| FY2016 | 15.6% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice