Analysis of Reportable Segments
PepsiCo Inc. operates in 7 segments: Frito-Lay North America (FLNA); Quaker Foods North America (QFNA); PepsiCo Beverages North America (PBNA); Latin America (LatAm); Europe; Africa, Middle East and South Asia (AMESA); and Asia Pacific, Australia and New Zealand and China Region (APAC).
Segment Profit Margin
PepsiCo Inc., profit margin by reportable segment
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Frito-Lay North America (FLNA) | 27.11% | 26.34% | 28.73% | 29.36% | 30.79% |
| Quaker Foods North America (QFNA) | 15.87% | 19.11% | 21.01% | 24.40% | 21.92% |
| PepsiCo Beverages North America (PBNA) | 9.35% | 20.70% | 9.66% | 8.59% | 10.03% |
| Latin America (LatAm) | 19.32% | 16.64% | 16.88% | 14.88% | 15.07% |
| Europe | 5.80% | -10.85% | 9.91% | 11.35% | 11.31% |
| Africa, Middle East and South Asia (AMESA) | 13.15% | 10.34% | 14.12% | 13.12% | 18.38% |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | 14.84% | 11.22% | 14.58% | 17.13% | 16.34% |
Based on: 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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Frito-Lay North America (FLNA) | Frito-Lay North America (FLNA) segment profit margin ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
| Quaker Foods North America (QFNA) | Quaker Foods North America (QFNA) segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023. | |
| PepsiCo Beverages North America (PBNA) | PepsiCo Beverages North America (PBNA) segment profit margin ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. | |
| Latin America (LatAm) | Latin America (LatAm) segment profit margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. | |
| Europe | Europe segment profit margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level. | |
| Africa, Middle East and South Asia (AMESA) | Africa, Middle East and South Asia (AMESA) segment profit margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level. | |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | Asia Pacific, Australia and New Zealand and China Region (APAC) segment profit margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Segment Profit Margin: Frito-Lay North America (FLNA)
PepsiCo Inc.; Frito-Lay North America (FLNA); segment profit margin calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 6,755) | 6,135) | 5,633) | 5,340) | 5,258) |
| Net revenue | 24,914) | 23,291) | 19,608) | 18,189) | 17,078) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 27.11% | 26.34% | 28.73% | 29.36% | 30.79% |
Based on: 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).
1 2023 Calculation
Segment profit margin = 100 × Operating profit (loss) ÷ Net revenue
= 100 × 6,755 ÷ 24,914 = 27.11%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Frito-Lay North America (FLNA) | Frito-Lay North America (FLNA) segment profit margin ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
Segment Profit Margin: Quaker Foods North America (QFNA)
PepsiCo Inc.; Quaker Foods North America (QFNA); segment profit margin calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 492) | 604) | 578) | 669) | 544) |
| Net revenue | 3,101) | 3,160) | 2,751) | 2,742) | 2,482) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 15.87% | 19.11% | 21.01% | 24.40% | 21.92% |
Based on: 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).
1 2023 Calculation
Segment profit margin = 100 × Operating profit (loss) ÷ Net revenue
= 100 × 492 ÷ 3,101 = 15.87%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Quaker Foods North America (QFNA) | Quaker Foods North America (QFNA) segment profit margin ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Profit Margin: PepsiCo Beverages North America (PBNA)
PepsiCo Inc.; PepsiCo Beverages North America (PBNA); segment profit margin calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 2,584) | 5,426) | 2,442) | 1,937) | 2,179) |
| Net revenue | 27,626) | 26,213) | 25,276) | 22,559) | 21,730) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 9.35% | 20.70% | 9.66% | 8.59% | 10.03% |
Based on: 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).
1 2023 Calculation
Segment profit margin = 100 × Operating profit (loss) ÷ Net revenue
= 100 × 2,584 ÷ 27,626 = 9.35%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | PepsiCo Beverages North America (PBNA) | PepsiCo Beverages North America (PBNA) segment profit margin ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Segment Profit Margin: Latin America (LatAm)
PepsiCo Inc.; Latin America (LatAm); segment profit margin calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 2,252) | 1,627) | 1,369) | 1,033) | 1,141) |
| Net revenue | 11,654) | 9,779) | 8,108) | 6,942) | 7,573) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 19.32% | 16.64% | 16.88% | 14.88% | 15.07% |
Based on: 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).
1 2023 Calculation
Segment profit margin = 100 × Operating profit (loss) ÷ Net revenue
= 100 × 2,252 ÷ 11,654 = 19.32%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Latin America (LatAm) | Latin America (LatAm) segment profit margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Segment Profit Margin: Europe
PepsiCo Inc.; Europe; segment profit margin calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 767) | (1,380) | 1,292) | 1,353) | 1,327) |
| Net revenue | 13,234) | 12,724) | 13,038) | 11,922) | 11,728) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 5.80% | -10.85% | 9.91% | 11.35% | 11.31% |
Based on: 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).
1 2023 Calculation
Segment profit margin = 100 × Operating profit (loss) ÷ Net revenue
= 100 × 767 ÷ 13,234 = 5.80%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Europe | Europe segment profit margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level. |
Segment Profit Margin: Africa, Middle East and South Asia (AMESA)
PepsiCo Inc.; Africa, Middle East and South Asia (AMESA); segment profit margin calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 807) | 666) | 858) | 600) | 671) |
| Net revenue | 6,139) | 6,438) | 6,078) | 4,573) | 3,651) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 13.15% | 10.34% | 14.12% | 13.12% | 18.38% |
Based on: 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).
1 2023 Calculation
Segment profit margin = 100 × Operating profit (loss) ÷ Net revenue
= 100 × 807 ÷ 6,139 = 13.15%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Africa, Middle East and South Asia (AMESA) | Africa, Middle East and South Asia (AMESA) segment profit margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level. |
Segment Profit Margin: Asia Pacific, Australia and New Zealand and China Region (APAC)
PepsiCo Inc.; Asia Pacific, Australia and New Zealand and China Region (APAC); segment profit margin calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 713) | 537) | 673) | 590) | 477) |
| Net revenue | 4,803) | 4,787) | 4,615) | 3,445) | 2,919) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 14.84% | 11.22% | 14.58% | 17.13% | 16.34% |
Based on: 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).
1 2023 Calculation
Segment profit margin = 100 × Operating profit (loss) ÷ Net revenue
= 100 × 713 ÷ 4,803 = 14.84%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Asia Pacific, Australia and New Zealand and China Region (APAC) | Asia Pacific, Australia and New Zealand and China Region (APAC) segment profit margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Segment Return on Assets (Segment ROA)
PepsiCo Inc., ROA by reportable segment
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Frito-Lay North America (FLNA) | 55.48% | 55.56% | 57.70% | 61.17% | 69.93% |
| Quaker Foods North America (QFNA) | 41.03% | 48.51% | 52.50% | 65.52% | 57.81% |
| PepsiCo Beverages North America (PBNA) | 6.25% | 13.47% | 6.46% | 5.22% | 6.93% |
| Latin America (LatAm) | 24.26% | 20.63% | 18.83% | 14.81% | 16.28% |
| Europe | 4.91% | -8.50% | 6.99% | 7.55% | 7.45% |
| Africa, Middle East and South Asia (AMESA) | 12.63% | 10.84% | 14.01% | 10.10% | 18.27% |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | 12.66% | 9.85% | 11.90% | 10.23% | 11.60% |
Based on: 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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Frito-Lay North America (FLNA) | Frito-Lay North America (FLNA) segment ROA deteriorated from 2021 to 2022 and from 2022 to 2023. |
| Quaker Foods North America (QFNA) | Quaker Foods North America (QFNA) segment ROA deteriorated from 2021 to 2022 and from 2022 to 2023. | |
| PepsiCo Beverages North America (PBNA) | PepsiCo Beverages North America (PBNA) segment ROA improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. | |
| Latin America (LatAm) | Latin America (LatAm) segment ROA improved from 2021 to 2022 and from 2022 to 2023. | |
| Europe | Europe segment ROA deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level. | |
| Africa, Middle East and South Asia (AMESA) | Africa, Middle East and South Asia (AMESA) segment ROA deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level. | |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | Asia Pacific, Australia and New Zealand and China Region (APAC) segment ROA deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Segment ROA: Frito-Lay North America (FLNA)
PepsiCo Inc.; Frito-Lay North America (FLNA); segment ROA calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 6,755) | 6,135) | 5,633) | 5,340) | 5,258) |
| Total assets | 12,176) | 11,042) | 9,763) | 8,730) | 7,519) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 55.48% | 55.56% | 57.70% | 61.17% | 69.93% |
Based on: 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).
1 2023 Calculation
Segment ROA = 100 × Operating profit (loss) ÷ Total assets
= 100 × 6,755 ÷ 12,176 = 55.48%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Frito-Lay North America (FLNA) | Frito-Lay North America (FLNA) segment ROA deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment ROA: Quaker Foods North America (QFNA)
PepsiCo Inc.; Quaker Foods North America (QFNA); segment ROA calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 492) | 604) | 578) | 669) | 544) |
| Total assets | 1,199) | 1,245) | 1,101) | 1,021) | 941) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 41.03% | 48.51% | 52.50% | 65.52% | 57.81% |
Based on: 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).
1 2023 Calculation
Segment ROA = 100 × Operating profit (loss) ÷ Total assets
= 100 × 492 ÷ 1,199 = 41.03%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Quaker Foods North America (QFNA) | Quaker Foods North America (QFNA) segment ROA deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment ROA: PepsiCo Beverages North America (PBNA)
PepsiCo Inc.; PepsiCo Beverages North America (PBNA); segment ROA calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 2,584) | 5,426) | 2,442) | 1,937) | 2,179) |
| Total assets | 41,355) | 40,286) | 37,801) | 37,079) | 31,449) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 6.25% | 13.47% | 6.46% | 5.22% | 6.93% |
Based on: 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).
1 2023 Calculation
Segment ROA = 100 × Operating profit (loss) ÷ Total assets
= 100 × 2,584 ÷ 41,355 = 6.25%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | PepsiCo Beverages North America (PBNA) | PepsiCo Beverages North America (PBNA) segment ROA improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Segment ROA: Latin America (LatAm)
PepsiCo Inc.; Latin America (LatAm); segment ROA calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 2,252) | 1,627) | 1,369) | 1,033) | 1,141) |
| Total assets | 9,281) | 7,886) | 7,272) | 6,977) | 7,007) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 24.26% | 20.63% | 18.83% | 14.81% | 16.28% |
Based on: 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).
1 2023 Calculation
Segment ROA = 100 × Operating profit (loss) ÷ Total assets
= 100 × 2,252 ÷ 9,281 = 24.26%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Latin America (LatAm) | Latin America (LatAm) segment ROA improved from 2021 to 2022 and from 2022 to 2023. |
Segment ROA: Europe
PepsiCo Inc.; Europe; segment ROA calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 767) | (1,380) | 1,292) | 1,353) | 1,327) |
| Total assets | 15,615) | 16,230) | 18,472) | 17,917) | 17,814) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 4.91% | -8.50% | 6.99% | 7.55% | 7.45% |
Based on: 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).
1 2023 Calculation
Segment ROA = 100 × Operating profit (loss) ÷ Total assets
= 100 × 767 ÷ 15,615 = 4.91%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Europe | Europe segment ROA deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level. |
Segment ROA: Africa, Middle East and South Asia (AMESA)
PepsiCo Inc.; Africa, Middle East and South Asia (AMESA); segment ROA calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 807) | 666) | 858) | 600) | 671) |
| Total assets | 6,389) | 6,143) | 6,125) | 5,942) | 3,672) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 12.63% | 10.84% | 14.01% | 10.10% | 18.27% |
Based on: 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).
1 2023 Calculation
Segment ROA = 100 × Operating profit (loss) ÷ Total assets
= 100 × 807 ÷ 6,389 = 12.63%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Africa, Middle East and South Asia (AMESA) | Africa, Middle East and South Asia (AMESA) segment ROA deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level. |
Segment ROA: Asia Pacific, Australia and New Zealand and China Region (APAC)
PepsiCo Inc.; Asia Pacific, Australia and New Zealand and China Region (APAC); segment ROA calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 713) | 537) | 673) | 590) | 477) |
| Total assets | 5,630) | 5,452) | 5,654) | 5,770) | 4,113) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 12.66% | 9.85% | 11.90% | 10.23% | 11.60% |
Based on: 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).
1 2023 Calculation
Segment ROA = 100 × Operating profit (loss) ÷ Total assets
= 100 × 713 ÷ 5,630 = 12.66%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Asia Pacific, Australia and New Zealand and China Region (APAC) | Asia Pacific, Australia and New Zealand and China Region (APAC) segment ROA deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Segment Asset Turnover
PepsiCo Inc., asset turnover by reportable segment
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Frito-Lay North America (FLNA) | 2.05 | 2.11 | 2.01 | 2.08 | 2.27 |
| Quaker Foods North America (QFNA) | 2.59 | 2.54 | 2.50 | 2.69 | 2.64 |
| PepsiCo Beverages North America (PBNA) | 0.67 | 0.65 | 0.67 | 0.61 | 0.69 |
| Latin America (LatAm) | 1.26 | 1.24 | 1.11 | 0.99 | 1.08 |
| Europe | 0.85 | 0.78 | 0.71 | 0.67 | 0.66 |
| Africa, Middle East and South Asia (AMESA) | 0.96 | 1.05 | 0.99 | 0.77 | 0.99 |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | 0.85 | 0.88 | 0.82 | 0.60 | 0.71 |
Based on: 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).
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Frito-Lay North America (FLNA) | Frito-Lay North America (FLNA) segment asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
| Quaker Foods North America (QFNA) | Quaker Foods North America (QFNA) segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. | |
| PepsiCo Beverages North America (PBNA) | PepsiCo Beverages North America (PBNA) segment asset turnover ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level. | |
| Latin America (LatAm) | Latin America (LatAm) segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. | |
| Europe | Europe segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. | |
| Africa, Middle East and South Asia (AMESA) | Africa, Middle East and South Asia (AMESA) segment asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. | |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | Asia Pacific, Australia and New Zealand and China Region (APAC) segment asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
Segment Asset Turnover: Frito-Lay North America (FLNA)
PepsiCo Inc.; Frito-Lay North America (FLNA); segment asset turnover calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenue | 24,914) | 23,291) | 19,608) | 18,189) | 17,078) |
| Total assets | 12,176) | 11,042) | 9,763) | 8,730) | 7,519) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 2.05 | 2.11 | 2.01 | 2.08 | 2.27 |
Based on: 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).
1 2023 Calculation
Segment asset turnover = Net revenue ÷ Total assets
= 24,914 ÷ 12,176 = 2.05
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Frito-Lay North America (FLNA) | Frito-Lay North America (FLNA) segment asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
Segment Asset Turnover: Quaker Foods North America (QFNA)
PepsiCo Inc.; Quaker Foods North America (QFNA); segment asset turnover calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenue | 3,101) | 3,160) | 2,751) | 2,742) | 2,482) |
| Total assets | 1,199) | 1,245) | 1,101) | 1,021) | 941) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 2.59 | 2.54 | 2.50 | 2.69 | 2.64 |
Based on: 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).
1 2023 Calculation
Segment asset turnover = Net revenue ÷ Total assets
= 3,101 ÷ 1,199 = 2.59
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Quaker Foods North America (QFNA) | Quaker Foods North America (QFNA) segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover: PepsiCo Beverages North America (PBNA)
PepsiCo Inc.; PepsiCo Beverages North America (PBNA); segment asset turnover calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenue | 27,626) | 26,213) | 25,276) | 22,559) | 21,730) |
| Total assets | 41,355) | 40,286) | 37,801) | 37,079) | 31,449) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.67 | 0.65 | 0.67 | 0.61 | 0.69 |
Based on: 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).
1 2023 Calculation
Segment asset turnover = Net revenue ÷ Total assets
= 27,626 ÷ 41,355 = 0.67
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | PepsiCo Beverages North America (PBNA) | PepsiCo Beverages North America (PBNA) segment asset turnover ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 not reaching 2021 level. |
Segment Asset Turnover: Latin America (LatAm)
PepsiCo Inc.; Latin America (LatAm); segment asset turnover calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenue | 11,654) | 9,779) | 8,108) | 6,942) | 7,573) |
| Total assets | 9,281) | 7,886) | 7,272) | 6,977) | 7,007) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 1.26 | 1.24 | 1.11 | 0.99 | 1.08 |
Based on: 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).
1 2023 Calculation
Segment asset turnover = Net revenue ÷ Total assets
= 11,654 ÷ 9,281 = 1.26
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Latin America (LatAm) | Latin America (LatAm) segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover: Europe
PepsiCo Inc.; Europe; segment asset turnover calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenue | 13,234) | 12,724) | 13,038) | 11,922) | 11,728) |
| Total assets | 15,615) | 16,230) | 18,472) | 17,917) | 17,814) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.85 | 0.78 | 0.71 | 0.67 | 0.66 |
Based on: 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).
1 2023 Calculation
Segment asset turnover = Net revenue ÷ Total assets
= 13,234 ÷ 15,615 = 0.85
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Europe | Europe segment asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Asset Turnover: Africa, Middle East and South Asia (AMESA)
PepsiCo Inc.; Africa, Middle East and South Asia (AMESA); segment asset turnover calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenue | 6,139) | 6,438) | 6,078) | 4,573) | 3,651) |
| Total assets | 6,389) | 6,143) | 6,125) | 5,942) | 3,672) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.96 | 1.05 | 0.99 | 0.77 | 0.99 |
Based on: 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).
1 2023 Calculation
Segment asset turnover = Net revenue ÷ Total assets
= 6,139 ÷ 6,389 = 0.96
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Africa, Middle East and South Asia (AMESA) | Africa, Middle East and South Asia (AMESA) segment asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Segment Asset Turnover: Asia Pacific, Australia and New Zealand and China Region (APAC)
PepsiCo Inc.; Asia Pacific, Australia and New Zealand and China Region (APAC); segment asset turnover calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenue | 4,803) | 4,787) | 4,615) | 3,445) | 2,919) |
| Total assets | 5,630) | 5,452) | 5,654) | 5,770) | 4,113) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.85 | 0.88 | 0.82 | 0.60 | 0.71 |
Based on: 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).
1 2023 Calculation
Segment asset turnover = Net revenue ÷ Total assets
= 4,803 ÷ 5,630 = 0.85
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Asia Pacific, Australia and New Zealand and China Region (APAC) | Asia Pacific, Australia and New Zealand and China Region (APAC) segment asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
Segment Capital Expenditures to Depreciation
PepsiCo Inc., capital expenditures to depreciation by reportable segment
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Frito-Lay North America (FLNA) | 1.82 | 2.24 | 2.38 | 2.16 | 2.49 |
| Quaker Foods North America (QFNA) | 2.02 | 1.98 | 2.00 | 2.07 | 2.36 |
| PepsiCo Beverages North America (PBNA) | 1.72 | 1.84 | 1.38 | 1.38 | 1.23 |
| Latin America (LatAm) | 2.26 | 1.90 | 1.63 | 1.55 | 2.06 |
| Europe | 1.59 | 1.87 | 2.07 | 2.09 | 1.80 |
| Africa, Middle East and South Asia (AMESA) | 2.34 | 1.72 | 1.80 | 1.69 | 2.30 |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | 2.87 | 2.62 | 1.99 | 2.53 | 2.57 |
Based on: 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).
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Frito-Lay North America (FLNA) | Frito-Lay North America (FLNA) segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
| Quaker Foods North America (QFNA) | Quaker Foods North America (QFNA) segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. | |
| PepsiCo Beverages North America (PBNA) | PepsiCo Beverages North America (PBNA) segment capital expenditures to depreciation ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. | |
| Latin America (LatAm) | Latin America (LatAm) segment capital expenditures to depreciation ratio improved from 2021 to 2022 and from 2022 to 2023. | |
| Europe | Europe segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 and from 2022 to 2023. | |
| Africa, Middle East and South Asia (AMESA) | Africa, Middle East and South Asia (AMESA) segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. | |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | Asia Pacific, Australia and New Zealand and China Region (APAC) segment capital expenditures to depreciation ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Capital Expenditures to Depreciation: Frito-Lay North America (FLNA)
PepsiCo Inc.; Frito-Lay North America (FLNA); segment capital expenditures to depreciation calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 1,341) | 1,464) | 1,411) | 1,189) | 1,227) |
| Depreciation and other amortization | 736) | 653) | 594) | 550) | 492) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.82 | 2.24 | 2.38 | 2.16 | 2.49 |
Based on: 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).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and other amortization
= 1,341 ÷ 736 = 1.82
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Frito-Lay North America (FLNA) | Frito-Lay North America (FLNA) segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Capital Expenditures to Depreciation: Quaker Foods North America (QFNA)
PepsiCo Inc.; Quaker Foods North America (QFNA); segment capital expenditures to depreciation calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 103) | 93) | 92) | 85) | 104) |
| Depreciation and other amortization | 51) | 47) | 46) | 41) | 44) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 2.02 | 1.98 | 2.00 | 2.07 | 2.36 |
Based on: 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).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and other amortization
= 103 ÷ 51 = 2.02
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Quaker Foods North America (QFNA) | Quaker Foods North America (QFNA) segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Segment Capital Expenditures to Depreciation: PepsiCo Beverages North America (PBNA)
PepsiCo Inc.; PepsiCo Beverages North America (PBNA); segment capital expenditures to depreciation calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 1,723) | 1,714) | 1,275) | 1,245) | 1,053) |
| Depreciation and other amortization | 1,003) | 930) | 926) | 899) | 857) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.72 | 1.84 | 1.38 | 1.38 | 1.23 |
Based on: 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).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and other amortization
= 1,723 ÷ 1,003 = 1.72
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | PepsiCo Beverages North America (PBNA) | PepsiCo Beverages North America (PBNA) segment capital expenditures to depreciation ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
Segment Capital Expenditures to Depreciation: Latin America (LatAm)
PepsiCo Inc.; Latin America (LatAm); segment capital expenditures to depreciation calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 841) | 581) | 461) | 390) | 557) |
| Depreciation and other amortization | 372) | 306) | 283) | 251) | 270) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 2.26 | 1.90 | 1.63 | 1.55 | 2.06 |
Based on: 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).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and other amortization
= 841 ÷ 372 = 2.26
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Latin America (LatAm) | Latin America (LatAm) segment capital expenditures to depreciation ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Capital Expenditures to Depreciation: Europe
PepsiCo Inc.; Europe; segment capital expenditures to depreciation calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 551) | 668) | 752) | 730) | 613) |
| Depreciation and other amortization | 347) | 357) | 364) | 350) | 341) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.59 | 1.87 | 2.07 | 2.09 | 1.80 |
Based on: 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).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and other amortization
= 551 ÷ 347 = 1.59
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Europe | Europe segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Segment Capital Expenditures to Depreciation: Africa, Middle East and South Asia (AMESA)
PepsiCo Inc.; Africa, Middle East and South Asia (AMESA); segment capital expenditures to depreciation calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 391) | 307) | 325) | 252) | 267) |
| Depreciation and other amortization | 167) | 179) | 181) | 149) | 116) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 2.34 | 1.72 | 1.80 | 1.69 | 2.30 |
Based on: 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).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and other amortization
= 391 ÷ 167 = 2.34
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Africa, Middle East and South Asia (AMESA) | Africa, Middle East and South Asia (AMESA) segment capital expenditures to depreciation ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Segment Capital Expenditures to Depreciation: Asia Pacific, Australia and New Zealand and China Region (APAC)
PepsiCo Inc.; Asia Pacific, Australia and New Zealand and China Region (APAC); segment capital expenditures to depreciation calculation
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 284) | 241) | 203) | 230) | 195) |
| Depreciation and other amortization | 99) | 92) | 102) | 91) | 76) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 2.87 | 2.62 | 1.99 | 2.53 | 2.57 |
Based on: 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).
1 2023 Calculation
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and other amortization
= 284 ÷ 99 = 2.87
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Asia Pacific, Australia and New Zealand and China Region (APAC) | Asia Pacific, Australia and New Zealand and China Region (APAC) segment capital expenditures to depreciation ratio improved from 2021 to 2022 and from 2022 to 2023. |
Net revenue
PepsiCo Inc., net revenue by reportable segment
US$ in millions
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Frito-Lay North America (FLNA) | 24,914) | 23,291) | 19,608) | 18,189) | 17,078) |
| Quaker Foods North America (QFNA) | 3,101) | 3,160) | 2,751) | 2,742) | 2,482) |
| PepsiCo Beverages North America (PBNA) | 27,626) | 26,213) | 25,276) | 22,559) | 21,730) |
| Latin America (LatAm) | 11,654) | 9,779) | 8,108) | 6,942) | 7,573) |
| Europe | 13,234) | 12,724) | 13,038) | 11,922) | 11,728) |
| Africa, Middle East and South Asia (AMESA) | 6,139) | 6,438) | 6,078) | 4,573) | 3,651) |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | 4,803) | 4,787) | 4,615) | 3,445) | 2,919) |
| Total division | 91,471) | 86,392) | 79,474) | 70,372) | 67,161) |
| Total | 91,471) | 86,392) | 79,474) | 70,372) | 67,161) |
Based on: 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).
Operating profit (loss)
PepsiCo Inc., operating profit (loss) by reportable segment
US$ in millions
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Frito-Lay North America (FLNA) | 6,755) | 6,135) | 5,633) | 5,340) | 5,258) |
| Quaker Foods North America (QFNA) | 492) | 604) | 578) | 669) | 544) |
| PepsiCo Beverages North America (PBNA) | 2,584) | 5,426) | 2,442) | 1,937) | 2,179) |
| Latin America (LatAm) | 2,252) | 1,627) | 1,369) | 1,033) | 1,141) |
| Europe | 767) | (1,380) | 1,292) | 1,353) | 1,327) |
| Africa, Middle East and South Asia (AMESA) | 807) | 666) | 858) | 600) | 671) |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | 713) | 537) | 673) | 590) | 477) |
| Total division | 14,370) | 13,615) | 12,845) | 11,522) | 11,597) |
| Corporate | (2,384) | (2,103) | (1,683) | (1,442) | (1,306) |
| Total | 11,986) | 11,512) | 11,162) | 10,080) | 10,291) |
Based on: 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).
Total assets
PepsiCo Inc., total assets by reportable segment
US$ in millions
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Frito-Lay North America (FLNA) | 12,176) | 11,042) | 9,763) | 8,730) | 7,519) |
| Quaker Foods North America (QFNA) | 1,199) | 1,245) | 1,101) | 1,021) | 941) |
| PepsiCo Beverages North America (PBNA) | 41,355) | 40,286) | 37,801) | 37,079) | 31,449) |
| Latin America (LatAm) | 9,281) | 7,886) | 7,272) | 6,977) | 7,007) |
| Europe | 15,615) | 16,230) | 18,472) | 17,917) | 17,814) |
| Africa, Middle East and South Asia (AMESA) | 6,389) | 6,143) | 6,125) | 5,942) | 3,672) |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | 5,630) | 5,452) | 5,654) | 5,770) | 4,113) |
| Total division | 91,645) | 88,284) | 86,188) | 83,436) | 72,515) |
| Corporate | 8,850) | 3,903) | 6,189) | 9,482) | 6,032) |
| Total | 100,495) | 92,187) | 92,377) | 92,918) | 78,547) |
Based on: 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).
Capital spending
PepsiCo Inc., capital spending by reportable segment
US$ in millions
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Frito-Lay North America (FLNA) | 1,341) | 1,464) | 1,411) | 1,189) | 1,227) |
| Quaker Foods North America (QFNA) | 103) | 93) | 92) | 85) | 104) |
| PepsiCo Beverages North America (PBNA) | 1,723) | 1,714) | 1,275) | 1,245) | 1,053) |
| Latin America (LatAm) | 841) | 581) | 461) | 390) | 557) |
| Europe | 551) | 668) | 752) | 730) | 613) |
| Africa, Middle East and South Asia (AMESA) | 391) | 307) | 325) | 252) | 267) |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | 284) | 241) | 203) | 230) | 195) |
| Total division | 5,234) | 5,068) | 4,519) | 4,121) | 4,016) |
| Corporate | 284) | 139) | 106) | 119) | 216) |
| Total | 5,518) | 5,207) | 4,625) | 4,240) | 4,232) |
Based on: 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).
Depreciation and other amortization
PepsiCo Inc., depreciation and other amortization by reportable segment
US$ in millions
| Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | Dec 28, 2019 | |
|---|---|---|---|---|---|
| Frito-Lay North America (FLNA) | 736) | 653) | 594) | 550) | 492) |
| Quaker Foods North America (QFNA) | 51) | 47) | 46) | 41) | 44) |
| PepsiCo Beverages North America (PBNA) | 1,003) | 930) | 926) | 899) | 857) |
| Latin America (LatAm) | 372) | 306) | 283) | 251) | 270) |
| Europe | 347) | 357) | 364) | 350) | 341) |
| Africa, Middle East and South Asia (AMESA) | 167) | 179) | 181) | 149) | 116) |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | 99) | 92) | 102) | 91) | 76) |
| Total division | 2,775) | 2,564) | 2,496) | 2,331) | 2,196) |
| Corporate | 98) | 121) | 123) | 127) | 155) |
| Total | 2,873) | 2,685) | 2,619) | 2,458) | 2,351) |
Based on: 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).