Stock Analysis on Net

PepsiCo Inc. (NASDAQ:PEP)

$24.99

Total Asset Turnover
since 2005

Microsoft Excel

Calculation

PepsiCo Inc., total asset turnover, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2025-12-27), 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).

1 US$ in millions


The total asset turnover ratio for the period examined demonstrates fluctuations over the eighteen-year span, generally indicating a moderate level of efficiency in asset utilization. Initial values show an increase followed by a period of relative stability and then a decline, with some recovery in later years.

Initial Trend (2005-2008)
From 2005 to 2008, the ratio experienced an upward trend, increasing from 1.03 to 1.20. This suggests improving efficiency in generating net revenue from its asset base during this period. The company was able to generate more sales revenue for each dollar of assets it held.
Period of Decline and Stabilization (2009-2016)
Following 2008, the ratio decreased to 0.85 in 2010, likely influenced by a significant increase in total assets. It then fluctuated between approximately 0.85 and 0.95 for the next six years, indicating a period of relative stabilization, but at a lower level of asset utilization compared to the 2005-2008 timeframe. The ratio remained below the initial value of 1.03 throughout this period.
Recent Fluctuations (2017-2025)
From 2017 onwards, the ratio exhibited further fluctuations. It decreased to a low of 0.76 in 2020, potentially due to the impact of economic conditions and a substantial increase in total assets. A subsequent increase to 0.94 in 2022 was observed, followed by a slight decrease to 0.91 in 2023 and 0.92 in 2024. The most recent value for 2025 is 0.87, representing a slight decline from the previous year. These recent fluctuations suggest a degree of volatility in the company’s ability to efficiently utilize its assets.

Overall, the total asset turnover ratio suggests that the company’s efficiency in converting its assets into revenue has varied over the analyzed period. While there were periods of improvement, a general trend towards lower asset turnover is observable, particularly in the latter half of the period. The fluctuations in the ratio warrant further investigation to understand the underlying drivers, such as changes in industry dynamics, asset management strategies, and overall economic conditions.


Comparison to Competitors

PepsiCo Inc., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2025-12-27), 10-K (reporting date: 2024-12-28), 10-K (reporting date: 2023-12-30), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-25), 10-K (reporting date: 2020-12-26), 10-K (reporting date: 2019-12-28), 10-K (reporting date: 2018-12-29), 10-K (reporting date: 2017-12-30), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-25), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).


Comparison to Sector (Food, Beverage & Tobacco)


Comparison to Industry (Consumer Staples)