PepsiCo (PEP)
Pairs Lay’s and Doritos snacks with Pepsi-Cola, Gatorade and other global beverages.
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Sells branded convenient foods and beverages, pairing Lay’s, Doritos, Cheetos and Quaker with Pepsi-Cola, Mountain Dew and Gatorade. Revenue comes from owned food and bottling operations, beverage concentrate sales to franchise bottlers, and a distribution network spanning direct-store delivery, warehouses and distributors.
Makes, markets, distributes and sells convenient foods and beverages under Lay’s, Doritos, Cheetos, Quaker, Pepsi-Cola, Mountain Dew, Gatorade and SodaStream. PepsiCo Foods North America and PepsiCo Beverages North America cover the United States and Canada; International Beverages Franchise, Europe, Middle East and Africa, Latin America Foods and Asia Pacific Foods extend the portfolio worldwide.
Combines brand ownership with manufacturing, bottling, merchandising and frequent direct-store delivery. Performance depends on product innovation and reformulation, packaging and pricing, reliable access to agricultural commodities, sweeteners, water and packaging materials, and compliance with food safety, labeling, marketing, recycling and ingredient rules. Products reach stores through company operations, authorized bottlers, contract manufacturers, customer warehouses, distributors and retailers.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 7, 2026 | Citigroup | Upgrade | ||
| Aug 7, 2026 | Raymond James | Downgrade | Rating: — | |
| Jul 21, 2026 | Barclays | Reiterate | Rating: —Target: $138 | Target: $142 |
| Jul 10, 2026 | Deutsche Bank | Target | Target: $168 | Target: $155 |
| Jul 10, 2026 | Jefferies | Reiterate | Rating: —Target: $162 | Target: $152 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 13, 2026Cash & short-term investments $10.72B · Total debt $53.21B · Total assets $112.19B · Shareholders' equity $22.10B
- Revenue
- $24.18B
- Operating income
- $4.02B
- Net income
- $3.00B
HistoryDividendAnnual yield
| Institutions | 81.79% | 1.12B shares | |
|---|---|---|---|
| 3,514 holders · as of Jun 30, 2026 | |||
| Insiders | 0.15% | 2.04M shares | |
| 29 holders · as of Aug 7, 2026 | |||
| Other | 18.06% | 246.50M shares | |
| remainder | |||
1.36B company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 8.67% | 118.28M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 6.54% | 89.26M | as of Jun 30, 2026 |
State Street CorpInstitution | 4.43% | 60.41M | as of Jun 30, 2026 |
Invesco Ltd.Institution | 3.16% | 43.11M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 2.72% | 37.16M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 27, 2026 | David Flavell | officer: EVP, Gen Counsel & Corp Sec | −2,900 | $139.54 |
| Mar 4, 2026 | Eugene Willemsen | officer: CEO, International Beverages | −6,500 | $164.45 |
| Mar 2, 2026 | Ramon Laguarta | director, officer: Chairman and CEO | −27,945 | $167.39 |
- Coca-Cola
The defining global beverage rival, head-to-head across every drink category.
- Mondelez International
Global snack giant — biscuits and crackers contesting the Frito-Lay aisle.
- Keurig Dr Pepper
North America's #3 beverage company — CSDs, coffee systems, and flavored drinks.
- Monster Beverage
#2 global energy drink brand, distributed by Coca-Cola vs Rockstar and Celsius.
- Kraft Heinz
Packaged food rival — condiments and pantry staples vs Quaker and Frito-Lay.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| PepsiCo | $130.33 | +0.57% | $177.02B | 17.0 | 14.9 | 1.8 | +6.4% |
| Coca-Cola | $87.62 | +0.57% | $374.84B | 26.2 | 25.8 | 7.5 | +6.7% |
| Mondelez International | $60.76 | +0.98% | $76.80B | 22.2 | 18.9 | 1.9 | +4.1% |
| Keurig Dr Pepper | $31.44 | +2.66% | $41.66B | 30.8 | 12.8 | 2.1 | +75.6% |
| Monster Beverage | $44.42 | +0.95% | $86.06B | 40.6 | 36.3 | 9.3 | +20.2% |
| Kraft Heinz | $24.39 | +0.09% | $28.90B | — | 12.2 | 1.2 | −1.4% |
| Median | 28.5 | 18.9 | 2.1 | +6.7% |