Analysis of Geographic Areas
PepsiCo Inc. operates in 9 regions: United States; Mexico; Russia; Canada; China; United Kingdom; South Africa; Brazil; and All other countries.
Area Asset Turnover
PepsiCo Inc., asset turnover by geographic area
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| United States | 1.24 | 1.27 | 1.29 | 1.23 | 1.11 |
| Mexico | 2.98 | 2.79 | 2.83 | 2.66 | 2.30 |
| Russia | 2.33 | 1.80 | 1.62 | 0.91 | 0.83 |
| Canada | 1.40 | 1.32 | 1.32 | 1.20 | 1.07 |
| China | 1.76 | 1.79 | 1.81 | 1.54 | 1.05 |
| United Kingdom | 2.37 | 2.24 | 2.18 | 2.32 | 2.15 |
| South Africa | 1.43 | 1.31 | 1.38 | 1.45 | 0.86 |
| Brazil | 3.55 | 3.10 | 3.63 | — | — |
| All other countries | 1.52 | 1.50 | 1.27 | 1.25 | 1.10 |
Based on: 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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
| Mexico | Mexico area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. | |
| Russia | Russia area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| Canada | Canada area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| China | China area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| United Kingdom | United Kingdom area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| South Africa | South Africa area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. | |
| Brazil | Brazil area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. | |
| All other countries | All other countries area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: United States
PepsiCo Inc.; United States; area asset turnover calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenue | 51,668) | 52,165) | 49,390) | 44,545) | 40,800) |
| Long-lived assets | 41,547) | 41,234) | 38,240) | 36,324) | 36,657) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 1.24 | 1.27 | 1.29 | 1.23 | 1.11 |
Based on: 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).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 51,668 ÷ 41,547 = 1.24
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Mexico
PepsiCo Inc.; Mexico; area asset turnover calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenue | 7,123) | 7,011) | 5,472) | 4,580) | 3,924) |
| Long-lived assets | 2,392) | 2,509) | 1,933) | 1,720) | 1,708) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 2.98 | 2.79 | 2.83 | 2.66 | 2.30 |
Based on: 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).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 7,123 ÷ 2,392 = 2.98
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Mexico | Mexico area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Area Asset Turnover: Russia
PepsiCo Inc.; Russia; area asset turnover calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenue | 3,880) | 3,566) | 4,118) | 3,426) | 3,009) |
| Long-lived assets | 1,667) | 1,986) | 2,538) | 3,751) | 3,644) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 2.33 | 1.80 | 1.62 | 0.91 | 0.83 |
Based on: 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).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 3,880 ÷ 1,667 = 2.33
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Russia | Russia area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Canada
PepsiCo Inc.; Canada; area asset turnover calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenue | 3,764) | 3,722) | 3,536) | 3,405) | 2,989) |
| Long-lived assets | 2,681) | 2,815) | 2,678) | 2,846) | 2,794) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 1.40 | 1.32 | 1.32 | 1.20 | 1.07 |
Based on: 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).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 3,764 ÷ 2,681 = 1.40
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Canada | Canada area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: China
PepsiCo Inc.; China; area asset turnover calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenue | 2,709) | 2,703) | 2,752) | 2,679) | 1,732) |
| Long-lived assets | 1,538) | 1,510) | 1,517) | 1,745) | 1,649) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 1.76 | 1.79 | 1.81 | 1.54 | 1.05 |
Based on: 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).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 2,709 ÷ 1,538 = 1.76
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | China | China area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: United Kingdom
PepsiCo Inc.; United Kingdom; area asset turnover calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenue | 2,063) | 1,946) | 1,844) | 2,102) | 1,882) |
| Long-lived assets | 871) | 868) | 847) | 906) | 874) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 2.37 | 2.24 | 2.18 | 2.32 | 2.15 |
Based on: 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).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 2,063 ÷ 871 = 2.37
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United Kingdom | United Kingdom area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: South Africa
PepsiCo Inc.; South Africa; area asset turnover calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenue | 1,859) | 1,707) | 1,837) | 2,008) | 1,282) |
| Long-lived assets | 1,302) | 1,305) | 1,327) | 1,389) | 1,484) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 1.43 | 1.31 | 1.38 | 1.45 | 0.86 |
Based on: 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).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 1,859 ÷ 1,302 = 1.43
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | South Africa | South Africa area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Area Asset Turnover: Brazil
PepsiCo Inc.; Brazil; area asset turnover calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenue | 1,765) | 1,779) | 1,617) | —) | —) |
| Long-lived assets | 497) | 573) | 446) | —) | —) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 3.55 | 3.10 | 3.63 | — | — |
Based on: 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).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 1,765 ÷ 497 = 3.55
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Brazil | Brazil area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
Area Asset Turnover: All other countries
PepsiCo Inc.; All other countries; area asset turnover calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net revenue | 17,023) | 16,872) | 15,826) | 16,729) | 14,754) |
| Long-lived assets | 11,179) | 11,226) | 12,439) | 13,399) | 13,423) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 1.52 | 1.50 | 1.27 | 1.25 | 1.10 |
Based on: 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).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 17,023 ÷ 11,179 = 1.52
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | All other countries | All other countries area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Net revenue
PepsiCo Inc., net revenue by geographic area
US$ in millions
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| United States | 51,668) | 52,165) | 49,390) | 44,545) | 40,800) |
| Mexico | 7,123) | 7,011) | 5,472) | 4,580) | 3,924) |
| Russia | 3,880) | 3,566) | 4,118) | 3,426) | 3,009) |
| Canada | 3,764) | 3,722) | 3,536) | 3,405) | 2,989) |
| China | 2,709) | 2,703) | 2,752) | 2,679) | 1,732) |
| United Kingdom | 2,063) | 1,946) | 1,844) | 2,102) | 1,882) |
| South Africa | 1,859) | 1,707) | 1,837) | 2,008) | 1,282) |
| Brazil | 1,765) | 1,779) | 1,617) | —) | —) |
| All other countries | 17,023) | 16,872) | 15,826) | 16,729) | 14,754) |
| Total | 91,854) | 91,471) | 86,392) | 79,474) | 70,372) |
Based on: 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).
Long-lived assets
PepsiCo Inc., long-lived assets by geographic area
US$ in millions
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| United States | 41,547) | 41,234) | 38,240) | 36,324) | 36,657) |
| Mexico | 2,392) | 2,509) | 1,933) | 1,720) | 1,708) |
| Russia | 1,667) | 1,986) | 2,538) | 3,751) | 3,644) |
| Canada | 2,681) | 2,815) | 2,678) | 2,846) | 2,794) |
| China | 1,538) | 1,510) | 1,517) | 1,745) | 1,649) |
| United Kingdom | 871) | 868) | 847) | 906) | 874) |
| South Africa | 1,302) | 1,305) | 1,327) | 1,389) | 1,484) |
| Brazil | 497) | 573) | 446) | —) | —) |
| All other countries | 11,179) | 11,226) | 12,439) | 13,399) | 13,423) |
| Total | 63,674) | 64,026) | 61,965) | 62,080) | 62,233) |
Based on: 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).