PEP
PepsiCoPrevious close
137.34
Change
+3.55 / +2.65%
P/E (TTM) ?
16.8
Market Cap
$188B
1M
+8.38%
S&P 500 −0.91% over same period
Volume / Avg Volume
19.5M / 8.1M
2.40× average
Latest earnings analysisFY2026 Q3Reported 2026-10-08
PepsiCo Q3 FY2026: revenue up 5.6%, core EPS up 2%, EPS outlook cut
PepsiCo grew third-quarter revenue 5.6% to $25.27 billion, but core EPS rose only 2% to $2.34, and the company cut its full-year core EPS growth outlook to +2.5%–3.5% from the low end of +5%–7%. Top line up, profit per share down — that mix is why this reads Neutral rather than Bullish. Read it as a pricing, portfolio and currency story more than a volume story.
Read the full analysis →Revenue$25.27BYoY +5.60%
EPS (non-GAAP)$2.34
Next-day move−1.85%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q3 Quarter ended 2026-09 | 2026-10-08 | $25.3B | Read analysis → |
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-09 | $24.2B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-16 | $19.4B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-03 | $93.9B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-09 | $23.9B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-17 | $22.7B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-24 | $17.9B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 1 of its 5-year rangeCheap
5-year range 17.9 – 28.3 · Median 25.2
Last 4 quarters: $739M in buybacks + $5.9B in dividends, 3.54% of market cap combined
P/E (TTM)
16.8
P/B
8.2
P/S
1.9
Dividend Yield
2.99%
Earnings Reaction
Over the last 7 reports, the stock moved ±1.6% on average on the first trading day after, rising 2 times
Most recent −1.85%
Volatility & Correlation
1-year beta -0.21 · Correlation with S&P 500 -0.13Low beta
Annualized volatility 21% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 1 · $23.7MSell 1 · $4.1MNet buying $19.6M
- 10-21Laguarta RamonChairman and CEOSell$4.1M30,000 shares · Avg price 135.13
- 10-14POHLAD ROBERT CDirectorBuy$23.7M184,646 shares · 4 trades · Avg price 128.28
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 25.27 | +5.6% | 54.4% | 3.05 | 2.23 |
| FY2026 Q2 | 24.18 | +6.4% | 54.2% | 2.98 | 2.18 |
| FY2026 Q1 | 19.44 | +8.5% | 55.2% | 2.33 | 1.70 |
| FY2025 Q4 | 29.34 | +5.6% | 53.2% | 2.54 | 1.85 |
| FY2025 Q3 | 23.94 | +2.7% | 53.6% | 2.60 | 1.90 |
| FY2025 Q2 | 22.73 | +1.0% | 54.7% | 1.26 | 0.92 |
| FY2025 Q1 | 17.92 | −1.8% | 55.8% | 1.83 | 1.33 |
| FY2024 Q4 | 27.78 | −0.2% | 52.6% | 1.52 | 1.11 |
| FY2024 Q3 | 23.32 | −0.6% | 55.4% | 2.93 | 2.13 |
| FY2024 Q2 | 22.50 | +0.8% | 55.9% | 3.08 | 2.23 |
| FY2024 Q1 | 18.25 | +2.3% | 54.8% | 2.04 | 1.48 |
| FY2023 Q4 | 27.85 | −0.5% | 53.0% | 1.30 | 0.93 |