PepsiCo, Inc. (PEP) Return on Invested Capital (ROIC): 13.29%
Is PepsiCo, Inc.’s return on invested capital (ROIC) high or low?
PepsiCo, Inc.'s return on invested capital (ROIC) of 13.29% is in line with its 5-year average of 12.79%, near the high end of its 5-year range (10.81%–13.93%).
As of Thursday, June 11, 2026. 1.63% below its 12-month average of 13.51%.
PEP Return on Invested Capital (ROIC) Chart
PEP Average Return on Invested Capital (ROIC) Chart
PEP Current vs Average Return on Invested Capital (ROIC) Chart
PEP Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
13.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
13.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
13.40%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
12.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
12.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
12.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
13.84%
CURRENT VS TTM AVG
-1.63%
CURRENT VS 3Y AVG
-0.84%
CURRENT VS 5Y AVG
+3.92%
CURRENT VS 10Y AVG
+5.65%
CURRENT VS 15Y AVG
+8.51%
CURRENT VS 20Y AVG
-3.96%
PEP Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PepsiCo, Inc. (PEP) | $197.83B | 13.29% | 13.51% | 13.40% | 12.79% |
| Anheuser-Busch InBev SA/NV (BUD) | $157.22B | 6.32% | 6.27% | 6.16% | 5.06% |
| Altria Group, Inc. (MO) | $121.59B | 42.95% | 38.08% | 34.38% | 29.75% |
| Monster Beverage Corporation (MNST) | $89.55B | 21.74% | 21.92% | 19.60% | 20.74% |
| Colgate-Palmolive Company (CL) | $71.98B | 30.34% | 30.45% | 27.00% | 26.68% |
| Target Corporation (TGT) | $59.43B | 9.76% | 10.43% | 10.92% | 12.67% |
| The Procter & Gamble Company (PG) | $345.14B | 16.47% | 15.93% | 15.71% | 15.22% |
| Keurig Dr Pepper Inc. (KDP) | $43.13B | 5.62% | 5.39% | 5.34% | 5.09% |
| The Kroger Co. (KR) | $39.51B | 4.70% | 6.45% | 6.53% | 7.44% |
| Sysco Corporation (SYY) | $37.61B | 13.03% | 14.02% | 14.34% | 13.24% |
Capital Efficiency
ROIC
13.3%
ROE
40.9%
PepsiCo, Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
PepsiCo, Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for PepsiCo, Inc. (PEP)?
- The return on invested capital (ROIC) for PEP stock is 13.29%.
- Is PepsiCo, Inc.'s return on invested capital (ROIC) high or low?
- PepsiCo, Inc.'s return on invested capital (ROIC) of 13.29% is in line with its 5-year average of 12.79%, near the high end of its 5-year range (10.81%–13.93%).
- What is the TTM average return on invested capital (ROIC) for PepsiCo, Inc. (PEP)?
- The TTM average return on invested capital (ROIC) for PEP stock is 13.51%.
- What is the 3Y average return on invested capital (ROIC) for PepsiCo, Inc. (PEP)?
- The 3Y average return on invested capital (ROIC) for PEP stock is 13.40%.
- What is the 5Y average return on invested capital (ROIC) for PepsiCo, Inc. (PEP)?
- The 5Y average return on invested capital (ROIC) for PEP stock is 12.79%.
- What is the 10Y average return on invested capital (ROIC) for PepsiCo, Inc. (PEP)?
- The 10Y average return on invested capital (ROIC) for PEP stock is 12.58%.
- What is the 15Y average return on invested capital (ROIC) for PepsiCo, Inc. (PEP)?
- The 15Y average return on invested capital (ROIC) for PEP stock is 12.25%.
- What is the 20Y average return on invested capital (ROIC) for PepsiCo, Inc. (PEP)?
- The 20Y average return on invested capital (ROIC) for PEP stock is 13.84%.
PepsiCo, Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-27 | 13.29% |
| 2024-12-31 | 13.73% |
| 2023-12-31 | 12.66% |
| 2022-12-31 | 13.93% |
| 2021-12-31 | 12.31% |
| 2020-12-31 | 10.81% |
| 2019-12-31 | 13.22% |
| 2018-12-31 | 16.98% |
| 2017-12-31 | 8.11% |
| 2016-12-31 | 12.34% |
| 2015-12-31 | 10.99% |
| 2014-12-31 | 12.48% |
| 2013-12-31 | 11.41% |
| 2012-12-31 | 10.93% |
| 2011-12-31 | 11.56% |
| 2010-12-31 | 11.22% |
| 2009-12-31 | 18.87% |
| 2008-12-31 | 18.50% |
| 2007-12-31 | 19.78% |
| 2006-12-31 | 22.48% |
| 2005-12-31 | 15.01% |
| 2004-12-31 | 17.76% |
| 2003-12-31 | 17.52% |
| 2002-12-31 | 16.16% |
| 2001-12-31 | 14.04% |
| 2000-12-31 | 15.97% |
| 1999-12-31 | 14.58% |
| 1998-12-31 | 13.55% |
| 1997-12-31 | 12.03% |
| 1996-12-31 | 8.55% |
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