PepsiCo Cash Flow Statement
NASDAQ: PEPConsumer StaplesBeverages (Production/Distribution)USD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
PepsiCo free cash flow
In fiscal 2025, PepsiCo generated $12.09 billion of operating cash flow and spent $4.42 billion on capital expenditures. That left free cash flow of $7.67 billion, a free-cash-flow margin of 8.2% of revenue. Free cash flow was up 6.7% from the prior year's $7.19 billion.
PepsiCo returned $8.64 billion to shareholders: $7.64 billion in dividends and $1.00 billion in share repurchases, equal to 113% of free cash flow. Free cash flow covered dividend payments 1.0 times.
Summary generated from market data by MetaCap's automated system. Methodology
PepsiCo cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-27 | FY 20242024-12-28 | FY 20232023-12-30 | FY 20222022-12-31 | FY 20212021-12-25 | FY 20202020-12-26 | FY 20192019-12-28 | FY 20182018-12-29 | FY 20172017-12-30 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 8.29B | 9.63B | 9.15B | 8.98B | 7.68B | 7.17B | 7.35B | 12.56B | 4.91B | 6.38B |
| Net Income growth (YoY) | -13.83% | +5.14% | +1.97% | +16.92% | +7.02% | -2.42% | -41.45% | +155.89% | -23.06% | +15.96% |
| Depreciation & Amortization | 3.45B | 3.16B | 2.95B | 2.76B | 2.71B | 2.55B | 2.43B | 2.40B | 2.37B | 2.37B |
| Stock-Based Compensation | 288.00M | 362.00M | 380.00M | 343.00M | 301.00M | 264.00M | 237.00M | 256.00M | 292.00M | 284.00M |
| Change in Working Capital | -632.00M | -1.22B | 146.00M | 818.00M | 1.34B | 276.00M | 458.00M | 717.00M | 53.00M | 916.00M |
| Operating Cash Flow | 12.09B | 12.51B | 13.44B | 10.81B | 11.62B | 10.61B | 9.65B | 9.41B | 10.03B | 10.66B |
| Capital Expenditures | -4.42B | -5.32B | -5.52B | -5.21B | -4.63B | -4.24B | -4.23B | -3.28B | -2.97B | -3.04B |
| Investing Cash Flow | -6.88B | -5.47B | -5.50B | -2.43B | -3.27B | -11.62B | -6.44B | 4.56B | -4.40B | -7.15B |
| Dividends Paid | -7.64B | -7.23B | -6.68B | -6.17B | -5.82B | -5.51B | -5.30B | -4.93B | -4.47B | -4.23B |
| Share Repurchases | -1.00B | -1.00B | -1.00B | -1.50B | -106.00M | -2.00B | -3.00B | -2.00B | -2.00B | -3.00B |
| Debt Issued | 8.19B | 4.04B | 5.48B | 3.38B | 4.12B | 13.81B | 4.62B | 0 | 7.51B | 7.82B |
| Debt Repaid | -4.08B | -3.89B | -3.00B | -2.46B | -3.46B | -1.83B | -3.97B | -4.01B | -4.41B | -3.10B |
| Financing Cash Flow | -4.98B | -7.56B | -3.01B | -8.52B | -10.78B | 3.82B | -8.49B | -13.77B | -4.19B | -3.21B |
| Net Change in Cash | 651.00M | -1.21B | 4.66B | -607.00M | -2.55B | 2.68B | -5.20B | 112.00M | 1.49B | 50.00M |
| Free Cash Flow | 7.67B | 7.19B | 7.92B | 5.60B | 6.99B | 6.37B | 5.42B | 6.13B | 7.06B | 7.62B |
This table shows 10 annual periods of PepsiCo's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow PEP's reporting calendar. What is a cash flow statement?