PepsiCo Inc. (NASDAQ:PEP)

Net Revenue

Net revenue demonstrates a consistent upward trend from 40,800 million USD in 2020 to a peak of 52,165 million USD in 2023. However, there is a slight decline in 2024, with net revenue decreasing to 51,668 million USD. This overall increase over the five-year period indicates growth in sales or service delivery within the United States geographic area, despite a minor setback in the most recent year.

Long-lived Assets

Long-lived assets show a generally increasing pattern, starting at 36,657 million USD in 2020 and rising steadily to 41,547 million USD in 2024. There is a minor dip observed in 2021, where the value decreases slightly to 36,324 million USD from the previous year. Following this, the assets grow continuously through subsequent years, which could suggest ongoing investments or capital expenditures on property, plant, and equipment.

Area Asset Turnover

The area asset turnover ratio improves from 1.11 in 2020 to a peak of 1.29 in 2022, indicating increasing efficiency in the use of long-lived assets to generate revenue. After 2022, the ratio slightly declines to 1.27 in 2023 and further to 1.24 in 2024. Despite this moderate decrease, the turnover ratio remains higher than the 2020 baseline, reflecting sustained relative asset productivity.

Overall Insights

The combination of rising net revenue and increasing long-lived assets through most of the period suggests strategic asset investment supporting revenue growth. The peak in asset turnover ratio in 2022 suggests maximum asset utilization efficiency within the reported timeframe, with a slight reduction thereafter possibly indicating either increasing asset base not yet fully optimized or a mild slowdown in revenue growth relative to asset accumulation. The slight decline in net revenue and asset turnover ratio in 2024 points to a potential stabilization or emerging challenge in the geographic market's performance at that time.

Net revenue

The net revenue in the Mexico geographic area demonstrated a consistent upward trend over the five-year period. Starting at $3,924 million in 2020, revenue increased steadily each year, reaching $7,123 million by 2024. The most notable growth occurred between 2022 and 2023, with an increase of approximately 28.1% from $5,472 million to $7,011 million, followed by a more modest increase of about 1.6% in 2024. This pattern indicates robust and sustained market expansion in the region.

Long-lived assets

The value of long-lived assets experienced a gradual increase from $1,708 million in 2020 to a peak of $2,509 million in 2023. However, in 2024, there was a slight decline to $2,392 million. This suggests that investments in long-term assets grew significantly through 2023, potentially supporting expanded operations, with a slight divestment or asset revaluation occurring in the most recent year.

Area asset turnover

The area asset turnover ratio, which measures how efficiently assets generate revenue, showed an overall positive trend. Beginning at 2.3 in 2020, it increased steadily to 2.98 by 2024, indicating improved efficiency. The ratio saw incremental improvements each year except for a slight decrease from 2.83 in 2022 to 2.79 in 2023. Despite this minor dip, the upward trajectory resumed in 2024, suggesting effective asset utilization and operational management in the Mexico segment over time.

Net Revenue

The net revenue in the region displayed an overall upward trend from 2020 to 2024, increasing from 3,009 million US dollars in 2020 to 3,880 million US dollars in 2024. The revenue experienced substantial growth between 2021 and 2022, rising from 3,426 million to 4,118 million US dollars, followed by a decline in 2023 to 3,566 million US dollars. Despite this decrease, revenue rebounded in 2024, nearly reaching the 2022 peak.

Long-Lived Assets

Long-lived assets showed a consistent decline over the five-year period. From 3,644 million US dollars in 2020, the assets decreased steadily each year, reaching 1,667 million US dollars in 2024. This significant reduction suggests a possible divestiture or impairment of fixed assets or a strategic reduction of the asset base in the region.

Area Asset Turnover

The area asset turnover ratio demonstrated a strong increasing trend from 0.83 in 2020 to 2.33 in 2024. This indicates a marked improvement in the efficiency with which the company is utilizing its assets to generate revenue. The sharp increase, particularly noticeable from 2021 onwards, aligns with the consistent decrease in long-lived assets and the generally increasing net revenue, reflecting enhanced asset productivity in the region.

Summary

Overall, the data reveals a strategy of improving asset efficiency amid a declining asset base, supported by generally growing revenue. Despite a temporary dip in net revenue in 2023, the subsequent recovery and the rising asset turnover ratio highlight improved operational effectiveness in the geographic area over the analyzed period.

Net Revenue

The net revenue exhibited a consistent upward trend over the five-year period. Starting at 2,989 million US dollars in 2020, it increased annually to reach 3,764 million US dollars by 2024. This steady revenue growth indicates sustained demand and possibly effective market strategies within the Canada geographic area.

Long-Lived Assets

Long-lived assets showed some fluctuations during the examined period. From 2,794 million US dollars in 2020, the figure slightly rose to 2,846 million in 2021, followed by a decline to 2,678 million in 2022. It then increased again to 2,815 million in 2023 before falling to 2,681 million in 2024. Overall, the asset base remained relatively stable but demonstrated some variability, which may reflect asset disposals, impairments, or capital expenditures occurring unevenly across years.

Area Asset Turnover

The area asset turnover ratio indicates an improving efficiency in utilizing long-lived assets to generate revenue. It increased steadily from 1.07 in 2020 to 1.4 in 2024, representing a significant enhancement in asset productivity over time. The ratio remained stable at 1.32 between 2022 and 2023 before rising to 1.4 in 2024, suggesting improved operational performance or more effective asset management within this region.

Summary of Trends

The data reveals a positive trajectory in net revenue accompanied by consistent improvements in asset turnover, reflecting greater efficiency in asset utilization. The fluctuations in long-lived assets suggest occasional portfolio adjustments or reinvestments, but the overall asset base did not show drastic changes. The combined trends imply that revenue growth was achieved not only through increased sales but also through enhancing the productivity of existing assets in the Canada area over the stated period.

Net Revenue

The net revenue experienced a significant increase from 2020 to 2021, rising from 1,732 million US dollars to 2,679 million US dollars. Subsequently, the revenue showed a modest increase in 2022 to 2,752 million US dollars. However, in 2023, there was a slight decline to 2,703 million US dollars, followed by a minimal rise in 2024 to 2,709 million US dollars. Overall, the trend indicates a strong initial growth in revenue followed by relative stabilization with minor fluctuations in the later years.

Long-Lived Assets

The value of long-lived assets increased from 1,649 million US dollars in 2020 to 1,745 million US dollars in 2021. This was followed by a notable decline over the next two years, dropping to 1,517 million US dollars in 2022 and further to 1,510 million US dollars in 2023. In 2024, the assets marginally recovered to 1,538 million US dollars. The pattern suggests a peak in asset investment or valuation in 2021, followed by a period of reduction or depreciation with slight recovery at the end of the period.

Area Asset Turnover

The area asset turnover ratio, which measures the efficiency in using assets to generate revenue in this geographic area, showed a strong positive trend from 1.05 in 2020 to 1.54 in 2021. The ratio further increased to 1.81 in 2022, indicating enhanced asset utilization. Although there was a small decrease to 1.79 in 2023 and a slightly larger decrease to 1.76 in 2024, the overall level remained significantly higher than the initial value in 2020. This highlights improved operational efficiency and better asset management over the analyzed period.

Net Revenue

The net revenue exhibited fluctuations over the observed period. It increased from 1,882 million US dollars in 2020 to a peak of 2,102 million in 2021. Subsequently, there was a decline in 2022 to 1,844 million, followed by a recovery in 2023 to 1,946 million and a further rise in 2024 reaching 2,063 million. Overall, the revenue shows a general upward trajectory with an interim decrease in 2022.

Long-lived Assets

The value of long-lived assets remained relatively stable throughout the years. Beginning at 874 million in 2020, it slightly increased to 906 million in 2021, then decreased to 847 million in 2022. Afterward, it experienced minor fluctuations, reaching 868 million in 2023 and 871 million in 2024. The variations are minimal, indicating consistent investment or asset retention with no significant expansion or disposal activity.

Area Asset Turnover

The area asset turnover ratio demonstrated an improving trend over the period. Starting at 2.15 in 2020, it rose to 2.32 in 2021, dropped slightly to 2.18 in 2022, and then increased again to 2.24 in 2023 and further to 2.37 in 2024. This suggests enhanced efficiency in generating revenue from the area assets, particularly notable with the steady increases following the dip in 2022.

The analysis of the annual financial data for the South Africa geographic area indicates several notable trends in net revenue, long-lived assets, and area asset turnover over the five-year period.

Net Revenue

Net revenue showed a strong increase from 1,282 million US dollars in 2020 to a peak of 2,008 million US dollars in 2021. However, it declined in the subsequent years, dropping to 1,837 million in 2022 and further to 1,707 million in 2023. In 2024, net revenue rebounded moderately to 1,859 million US dollars. Overall, despite fluctuations, the net revenue in 2024 remained significantly higher than the 2020 level, reflecting a general upward trend with some intermediate volatility.

Long-lived Assets

Long-lived assets demonstrated a consistent downward trend throughout the period. Starting at 1,484 million US dollars in 2020, these assets declined steadily to 1,389 million in 2021, then to 1,327 million in 2022, followed by slight decreases to 1,305 million in 2023 and 1,302 million in 2024. This decrease in long-lived assets may suggest asset disposals, depreciation outpacing investments, or strategic realignment of the asset base in the South African operations.

Area Asset Turnover

The area asset turnover ratio, which measures the efficiency of asset use in generating revenue, increased significantly from 0.86 in 2020 to 1.45 in 2021. It then slightly decreased to 1.38 in 2022 and 1.31 in 2023 but improved again to 1.43 in 2024. The overall trend indicates improved asset utilization efficiency compared to 2020, despite some fluctuations. This improvement aligns with the observed reductions in long-lived assets and the recovery in net revenue.

In summary, the data reveal an initial surge followed by some volatility in net revenue, a gradual decline in long-lived assets, and a generally improved asset turnover ratio. These patterns suggest efforts to generate more revenue from a smaller asset base and indicate a focus on operational efficiency in the South African geographic area over the analyzed period.

Net Revenue

Net revenue demonstrated a rising trend from 2022 to 2023, increasing from 1617 million to 1779 million US dollars. However, there was a slight decline in 2024, with net revenue decreasing to 1765 million US dollars. Overall, the revenue levels remained relatively stable with a peak in 2023.

Long-lived Assets

Long-lived assets exhibited growth from 446 million US dollars in 2022 to 573 million US dollars in 2023. This increase was followed by a reduction to 497 million US dollars in 2024. The fluctuation suggests capital investment or asset revaluation activities peaking in 2023 before leveling off.

Area Asset Turnover

The area asset turnover ratio decreased from 3.63 in 2022 to 3.1 in 2023, indicating a decline in the efficiency of asset utilization in that year. In 2024, the ratio improved to 3.55, approaching the earlier efficiency level observed in 2022. This suggests a temporary dip in operational efficiency that showed signs of recovery by the end of the period.

The data reflects several key trends related to the financial performance and asset utilization in the "All other countries" geographic area over the five-year period from 2020 to 2024.

Net Revenue

The net revenue shows an overall upward trend, starting at 14,754 million US dollars in 2020 and increasing to 17,023 million US dollars by 2024. There was a clear increase in 2021 to 16,729 million, followed by a minor dip in 2022 to 15,826 million. However, revenue rebounded in 2023 to 16,872 million and further increased in 2024. This pattern indicates resilience and growth potential despite some volatility.

Long-lived Assets

Long-lived assets gradually decreased over the same period. Beginning at 13,423 million US dollars in 2020, these assets declined consistently each year, falling to 11,179 million by 2024. This steady reduction might suggest asset sales, depreciation, or reallocation of resources away from long-term holdings in this geographic area.

Area Asset Turnover

The area asset turnover ratio improved continuously, advancing from 1.1 in 2020 to 1.52 in 2024. This ratio increase indicates enhanced efficiency in utilizing assets to generate revenue. The improvement is notable, particularly given the reduction in long-lived assets, reinforcing the conclusion that asset management in this region has become more effective over time.

In summary, the area experienced growth in net revenue alongside a decline in long-lived assets, with increasing efficiency in asset turnover. These dynamics suggest a focus on maximizing revenue generation with fewer assets, pointing to operational improvements and possibly strategic adjustments in asset use within this geographic market.