Debt to Equity
since 2005
Calculation
PepsiCo Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Total debt obligations1 | ÷ | Total PepsiCo shareholders’ equity1 | |
|---|---|---|---|---|---|
| Dec 30, 2023 | 2.38 | = | 44,105) | ÷ | 18,503) |
| Dec 31, 2022 | 2.28 | = | 39,071) | ÷ | 17,149) |
| Dec 25, 2021 | 2.51 | = | 40,334) | ÷ | 16,043) |
| Dec 26, 2020 | 3.28 | = | 44,150) | ÷ | 13,454) |
| Dec 28, 2019 | 2.17 | = | 32,068) | ÷ | 14,786) |
| Dec 29, 2018 | 2.23 | = | 32,321) | ÷ | 14,518) |
| Dec 30, 2017 | 3.61 | = | 39,281) | ÷ | 10,889) |
| Dec 31, 2016 | 3.33 | = | 36,945) | ÷ | 11,095) |
| Dec 26, 2015 | 2.79 | = | 33,284) | ÷ | 11,923) |
| Dec 27, 2014 | 1.66 | = | 28,897) | ÷ | 17,438) |
| Dec 28, 2013 | 1.22 | = | 29,639) | ÷ | 24,279) |
| Dec 29, 2012 | 1.27 | = | 28,359) | ÷ | 22,294) |
| Dec 31, 2011 | 1.30 | = | 26,773) | ÷ | 20,588) |
| Dec 25, 2010 | 1.18 | = | 24,897) | ÷ | 21,164) |
| Dec 26, 2009 | 0.47 | = | 7,864) | ÷ | 16,804) |
| Dec 27, 2008 | 0.68 | = | 8,227) | ÷ | 12,106) |
| Dec 29, 2007 | 0.24 | = | 4,203) | ÷ | 17,234) |
| Dec 30, 2006 | 0.18 | = | 2,824) | ÷ | 15,368) |
| Dec 31, 2005 | 0.37 | = | 5,202) | ÷ | 14,251) |
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), 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
Comparison to Competitors
PepsiCo Inc., debt to equity, long-term trends, comparison to competitors
| PepsiCo Inc. | Altria Group Inc. | Coca-Cola Co. | Philip Morris International Inc. | |
|---|---|---|---|---|
| Dec 30, 2023 | 2.38 | — | 1.62 | — |
| Dec 31, 2022 | 2.28 | — | 1.62 | — |
| Dec 25, 2021 | 2.51 | — | 1.86 | — |
| Dec 26, 2020 | 3.28 | 10.38 | 2.22 | — |
| Dec 28, 2019 | 2.17 | 4.51 | 2.25 | — |
| Dec 29, 2018 | 2.23 | 1.74 | 2.56 | — |
| Dec 30, 2017 | 3.61 | 0.90 | 2.79 | — |
| Dec 31, 2016 | 3.33 | 1.09 | 1.98 | — |
| Dec 26, 2015 | 2.79 | 4.49 | 1.73 | — |
| Dec 27, 2014 | 1.66 | 4.87 | 1.38 | — |
| Dec 28, 2013 | 1.22 | 3.52 | 1.12 | — |
| Dec 29, 2012 | 1.27 | 4.38 | 0.99 | — |
| Dec 31, 2011 | 1.30 | 3.72 | 0.90 | 80.98 |
| Dec 25, 2010 | 1.18 | 2.35 | 0.76 | 4.71 |
| Dec 26, 2009 | 0.47 | 2.94 | 0.48 | 2.70 |
| Dec 27, 2008 | 0.68 | 2.64 | 0.45 | 1.59 |
| Dec 29, 2007 | 0.24 | 0.60 | 0.43 | — |
| Dec 30, 2006 | 0.18 | 0.47 | 0.27 | — |
| Dec 31, 2005 | 0.37 | 0.67 | 0.35 | — |
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), 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)
PepsiCo Inc., debt to equity, long-term trends, comparison to sector (food, beverage & tobacco)
| PepsiCo Inc. | Food, Beverage & Tobacco | |
|---|---|---|
| Dec 30, 2023 | 2.38 | 5.40 |
| Dec 31, 2022 | 2.28 | 5.23 |
| Dec 25, 2021 | 2.51 | 5.08 |
| Dec 26, 2020 | 3.28 | 6.43 |
| Dec 28, 2019 | 2.17 | 4.71 |
| Dec 29, 2018 | 2.23 | 3.94 |
| Dec 30, 2017 | 3.61 | 4.33 |
| Dec 31, 2016 | 3.33 | 3.67 |
| Dec 26, 2015 | 2.79 | 4.39 |
| Dec 27, 2014 | 1.66 | 3.01 |
| Dec 28, 2013 | 1.22 | 2.02 |
| Dec 29, 2012 | 1.27 | 1.78 |
| Dec 31, 2011 | 1.30 | 1.56 |
| Dec 25, 2010 | 1.18 | 1.27 |
| Dec 26, 2009 | 0.47 | 0.92 |
| Dec 27, 2008 | 0.68 | 0.86 |
| Dec 29, 2007 | 0.24 | 0.43 |
| Dec 30, 2006 | 0.18 | 0.36 |
| Dec 31, 2005 | 0.37 | 0.53 |
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), 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 Industry (Consumer Staples)
PepsiCo Inc., debt to equity, long-term trends, comparison to industry (consumer staples)
| PepsiCo Inc. | Consumer Staples | |
|---|---|---|
| Dec 30, 2023 | 2.38 | 1.38 |
| Dec 31, 2022 | 2.28 | 1.25 |
| Dec 25, 2021 | 2.51 | 1.26 |
| Dec 26, 2020 | 3.28 | 1.43 |
| Dec 28, 2019 | 2.17 | 1.34 |
| Dec 29, 2018 | 2.23 | 1.19 |
| Dec 30, 2017 | 3.61 | 1.23 |
| Dec 31, 2016 | 3.33 | 1.12 |
| Dec 26, 2015 | 2.79 | 1.10 |
| Dec 27, 2014 | 1.66 | 1.05 |
| Dec 28, 2013 | 1.22 | 0.95 |
| Dec 29, 2012 | 1.27 | 0.91 |
| Dec 31, 2011 | 1.30 | 0.85 |
| Dec 25, 2010 | 1.18 | 0.77 |
| Dec 26, 2009 | 0.47 | 0.72 |
| Dec 27, 2008 | 0.68 | 0.68 |
| Dec 29, 2007 | 0.24 | 0.53 |
| Dec 30, 2006 | 0.18 | 0.54 |
| Dec 31, 2005 | 0.37 | 0.65 |
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), 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).