PepsiCo, Inc. (PEP) Debt to Equity Ratio: 2.45
Is PepsiCo, Inc.’s debt to equity ratio high or low?
PepsiCo, Inc.'s debt to equity ratio of 2.45 is in line with its 5-year average of 2.59, near the low end of its 5-year range (2.31–3.32).
As of Friday, June 12, 2026. 0.81% below its 12-month average of 2.47.
PEP Debt to Equity Ratio Chart
PEP Average Debt to Equity Ratio Chart
PEP Current vs Average Debt to Equity Ratio Chart
PEP Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
2.45
DEBT TO EQUITY RATIO AVG TTM
2.47
DEBT TO EQUITY RATIO AVG 3Y
2.42
DEBT TO EQUITY RATIO AVG 5Y
2.59
DEBT TO EQUITY RATIO AVG 10Y
2.70
DEBT TO EQUITY RATIO AVG 15Y
2.27
DEBT TO EQUITY RATIO AVG 20Y
1.82
CURRENT VS TTM AVG
-0.81%
CURRENT VS 3Y AVG
+1.45%
CURRENT VS 5Y AVG
-5.28%
CURRENT VS 10Y AVG
-9.20%
CURRENT VS 15Y AVG
+7.96%
CURRENT VS 20Y AVG
+34.54%
PEP Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PepsiCo, Inc. (PEP) | $196.74B | 2.45 | 2.47 | 2.42 | 2.59 |
| Anheuser-Busch InBev SA/NV (BUD) | $159.17B | 0.84 | 0.88 | 0.95 | 1.09 |
| Altria Group, Inc. (MO) | $119.25B | -7.34 | 7.45 | 4.38 | 3.85 |
| Monster Beverage Corporation (MNST) | $90.01B | 0.00 | 0.03 | 0.01 | 0.01 |
| Colgate-Palmolive Company (CL) | $71.53B | 147.93 | 94.04 | 56.52 | 41.67 |
| Target Corporation (TGT) | $61.25B | 1.26 | 1.31 | 1.36 | 1.41 |
| The Procter & Gamble Company (PG) | $349.06B | 0.68 | 0.67 | 0.70 | 0.71 |
| Keurig Dr Pepper Inc. (KDP) | $42.49B | 0.63 | 0.67 | 0.61 | 0.60 |
| The Kroger Co. (KR) | $39.53B | 4.16 | 3.59 | 2.95 | 2.61 |
| The Coca-Cola Company (KO) | $355.08B | 1.41 | 1.63 | 1.65 | 1.80 |
Financial Health
Debt/Equity
2.45
Current Ratio
0.85
PepsiCo, Inc. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
PepsiCo, Inc. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for PepsiCo, Inc. (PEP)?
- The debt to equity ratio for PEP stock is 2.45.
- Is PepsiCo, Inc.'s debt to equity ratio high or low?
- PepsiCo, Inc.'s debt to equity ratio of 2.45 is in line with its 5-year average of 2.59, near the low end of its 5-year range (2.31–3.32).
- What is the TTM average debt to equity ratio for PepsiCo, Inc. (PEP)?
- The TTM average debt to equity ratio for PEP stock is 2.47.
- What is the 3Y average debt to equity ratio for PepsiCo, Inc. (PEP)?
- The 3Y average debt to equity ratio for PEP stock is 2.42.
- What is the 5Y average debt to equity ratio for PepsiCo, Inc. (PEP)?
- The 5Y average debt to equity ratio for PEP stock is 2.59.
- What is the 10Y average debt to equity ratio for PepsiCo, Inc. (PEP)?
- The 10Y average debt to equity ratio for PEP stock is 2.70.
- What is the 15Y average debt to equity ratio for PepsiCo, Inc. (PEP)?
- The 15Y average debt to equity ratio for PEP stock is 2.27.
- What is the 20Y average debt to equity ratio for PepsiCo, Inc. (PEP)?
- The 20Y average debt to equity ratio for PEP stock is 1.82.
PepsiCo, Inc. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-27 | 2.45 |
| 2024-12-31 | 2.49 |
| 2023-12-31 | 2.41 |
| 2022-12-31 | 2.31 |
| 2021-12-31 | 2.54 |
| 2020-12-31 | 3.32 |
| 2019-12-31 | 2.20 |
| 2018-12-31 | 2.23 |
| 2017-12-31 | 3.61 |
| 2016-12-31 | 3.33 |
| 2015-12-31 | 2.79 |
| 2014-12-31 | 1.66 |
| 2013-12-31 | 1.22 |
| 2012-12-31 | 1.27 |
| 2011-12-31 | 1.30 |
| 2010-12-31 | 1.18 |
| 2009-12-31 | 0.47 |
| 2008-12-31 | 0.68 |
| 2007-12-31 | 0.24 |
| 2006-12-31 | 0.18 |
| 2005-12-31 | 0.36 |
| 2004-12-31 | 0.25 |
| 2003-12-31 | 0.19 |
| 2002-12-31 | 0.30 |
| 2001-12-31 | 0.35 |
| 2000-12-31 | 0.42 |
| 1999-12-31 | 0.44 |
| 1998-12-31 | 1.24 |
| 1997-12-31 | 0.71 |
| 1996-12-31 | 1.24 |
Related Metrics
About PepsiCo, Inc.
PepsiCo, Inc. is a global enterprise that creates, promotes, and supplies a diverse array of drinks and easy-to-prepare food items across the globe. Its operations are structured into seven primary divisions: Frito-Lay North America, Quaker Foods North America, PepsiCo Beverages North America, Latin America, Europe, Africa/Middle East/South Asia, and the Asia Pacific, Australia, New Zealand, and China Region. The company's extensive product catalog encompasses popular snack foods like various dips, cheese snacks, spreads, and a range of chips (including corn, potato, and tortilla varieties). Its pantry staples feature cereals, rice, pasta, baking mixes, beverage syrups, granola bars, grits, oatmeal, rice cakes, and ready-made side dishes. In the beverage sector, PepsiCo offers concentrated syrups, fountain beverages, pre-packaged drinks, ready-to-consume teas, coffees, fruit juices, dairy-based items, and home carbonation systems with associated goods. PepsiCo reaches its broad clientele, which includes wholesale partners, food service providers, various retail outlets like supermarkets, pharmacies, convenience shops, discount stores, large-format retailers, membership-based stores, hard discount retailers, online merchants, and approved independent bottlers. This widespread distribution is achieved via direct store delivery, customer warehouse systems, and comprehensive distributor networks, along with direct sales to consumers through digital commerce channels and retail partners. Established in 1898, the corporation maintains its principal office in Purchase, New York.
- Sector
- Consumer Defensive
- Industry
- Beverages - Non-Alcoholic
- CEO
- Ramon Luis Laguarta