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 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Frito-Lay North America (FLNA) | 25.51% | 27.11% | 26.34% | 28.73% | 29.36% |
| Quaker Foods North America (QFNA) | 11.32% | 15.87% | 19.11% | 21.01% | 24.40% |
| PepsiCo Beverages North America (PBNA) | 8.29% | 9.35% | 20.70% | 9.66% | 8.59% |
| Latin America (LatAm) | 19.16% | 19.32% | 16.64% | 16.88% | 14.88% |
| Europe | 14.55% | 5.80% | -10.85% | 9.91% | 11.35% |
| Africa, Middle East and South Asia (AMESA) | 12.84% | 13.15% | 10.34% | 14.12% | 13.12% |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | 16.74% | 14.84% | 11.22% | 14.58% | 17.13% |
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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Frito-Lay North America (FLNA) | Frito-Lay North America (FLNA) segment profit margin ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
| Quaker Foods North America (QFNA) | Quaker Foods North America (QFNA) segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| PepsiCo Beverages North America (PBNA) | PepsiCo Beverages North America (PBNA) segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Latin America (LatAm) | Latin America (LatAm) segment profit margin ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. | |
| Europe | Europe segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| Africa, Middle East and South Asia (AMESA) | Africa, Middle East and South Asia (AMESA) segment profit margin ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. | |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | Asia Pacific, Australia and New Zealand and China Region (APAC) segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Profit Margin: Frito-Lay North America (FLNA)
PepsiCo Inc.; Frito-Lay North America (FLNA); segment profit margin calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 6,316) | 6,755) | 6,135) | 5,633) | 5,340) |
| Net revenue | 24,755) | 24,914) | 23,291) | 19,608) | 18,189) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 25.51% | 27.11% | 26.34% | 28.73% | 29.36% |
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
Segment profit margin = 100 × Operating profit (loss) ÷ Net revenue
= 100 × 6,316 ÷ 24,755 = 25.51%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Frito-Lay North America (FLNA) | Frito-Lay North America (FLNA) segment profit margin ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Segment Profit Margin: Quaker Foods North America (QFNA)
PepsiCo Inc.; Quaker Foods North America (QFNA); segment profit margin calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 303) | 492) | 604) | 578) | 669) |
| Net revenue | 2,676) | 3,101) | 3,160) | 2,751) | 2,742) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 11.32% | 15.87% | 19.11% | 21.01% | 24.40% |
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
Segment profit margin = 100 × Operating profit (loss) ÷ Net revenue
= 100 × 303 ÷ 2,676 = 11.32%
| 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 2022 to 2023 and from 2023 to 2024. |
Segment Profit Margin: PepsiCo Beverages North America (PBNA)
PepsiCo Inc.; PepsiCo Beverages North America (PBNA); segment profit margin calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 2,302) | 2,584) | 5,426) | 2,442) | 1,937) |
| Net revenue | 27,769) | 27,626) | 26,213) | 25,276) | 22,559) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 8.29% | 9.35% | 20.70% | 9.66% | 8.59% |
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
Segment profit margin = 100 × Operating profit (loss) ÷ Net revenue
= 100 × 2,302 ÷ 27,769 = 8.29%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | PepsiCo Beverages North America (PBNA) | PepsiCo Beverages North America (PBNA) segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment Profit Margin: Latin America (LatAm)
PepsiCo Inc.; Latin America (LatAm); segment profit margin calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 2,245) | 2,252) | 1,627) | 1,369) | 1,033) |
| Net revenue | 11,718) | 11,654) | 9,779) | 8,108) | 6,942) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 19.16% | 19.32% | 16.64% | 16.88% | 14.88% |
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
Segment profit margin = 100 × Operating profit (loss) ÷ Net revenue
= 100 × 2,245 ÷ 11,718 = 19.16%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Latin America (LatAm) | Latin America (LatAm) segment profit margin ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Segment Profit Margin: Europe
PepsiCo Inc.; Europe; segment profit margin calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 2,019) | 767) | (1,380) | 1,292) | 1,353) |
| Net revenue | 13,874) | 13,234) | 12,724) | 13,038) | 11,922) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 14.55% | 5.80% | -10.85% | 9.91% | 11.35% |
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
Segment profit margin = 100 × Operating profit (loss) ÷ Net revenue
= 100 × 2,019 ÷ 13,874 = 14.55%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Europe | Europe segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Profit Margin: Africa, Middle East and South Asia (AMESA)
PepsiCo Inc.; Africa, Middle East and South Asia (AMESA); segment profit margin calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 798) | 807) | 666) | 858) | 600) |
| Net revenue | 6,217) | 6,139) | 6,438) | 6,078) | 4,573) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 12.84% | 13.15% | 10.34% | 14.12% | 13.12% |
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
Segment profit margin = 100 × Operating profit (loss) ÷ Net revenue
= 100 × 798 ÷ 6,217 = 12.84%
| 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 improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
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 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit (loss) | 811) | 713) | 537) | 673) | 590) |
| Net revenue | 4,845) | 4,803) | 4,787) | 4,615) | 3,445) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 16.74% | 14.84% | 11.22% | 14.58% | 17.13% |
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
Segment profit margin = 100 × Operating profit (loss) ÷ Net revenue
= 100 × 811 ÷ 4,845 = 16.74%
| 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 improved from 2022 to 2023 and from 2023 to 2024. |
Segment Capital Expenditures to Depreciation
PepsiCo Inc., capital expenditures to depreciation by reportable segment
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Frito-Lay North America (FLNA) | 1.47 | 1.82 | 2.24 | 2.38 | 2.16 |
| Quaker Foods North America (QFNA) | 2.70 | 2.02 | 1.98 | 2.00 | 2.07 |
| PepsiCo Beverages North America (PBNA) | 1.47 | 1.72 | 1.84 | 1.38 | 1.38 |
| Latin America (LatAm) | 2.12 | 2.26 | 1.90 | 1.63 | 1.55 |
| Europe | 1.51 | 1.59 | 1.87 | 2.07 | 2.09 |
| Africa, Middle East and South Asia (AMESA) | 2.62 | 2.34 | 1.72 | 1.80 | 1.69 |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | 2.53 | 2.87 | 2.62 | 1.99 | 2.53 |
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).
| 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 2022 to 2023 and from 2023 to 2024. |
| Quaker Foods North America (QFNA) | Quaker Foods North America (QFNA) segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| PepsiCo Beverages North America (PBNA) | PepsiCo Beverages North America (PBNA) segment capital expenditures to depreciation ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Latin America (LatAm) | Latin America (LatAm) segment capital expenditures to depreciation ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. | |
| Europe | Europe segment capital expenditures to depreciation ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Africa, Middle East and South Asia (AMESA) | Africa, Middle East and South Asia (AMESA) segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| 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 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Segment Capital Expenditures to Depreciation: Frito-Lay North America (FLNA)
PepsiCo Inc.; Frito-Lay North America (FLNA); segment capital expenditures to depreciation calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 1,182) | 1,341) | 1,464) | 1,411) | 1,189) |
| Depreciation and other amortization | 806) | 736) | 653) | 594) | 550) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.47 | 1.82 | 2.24 | 2.38 | 2.16 |
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
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and other amortization
= 1,182 ÷ 806 = 1.47
| 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 2022 to 2023 and from 2023 to 2024. |
Segment Capital Expenditures to Depreciation: Quaker Foods North America (QFNA)
PepsiCo Inc.; Quaker Foods North America (QFNA); segment capital expenditures to depreciation calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 124) | 103) | 93) | 92) | 85) |
| Depreciation and other amortization | 46) | 51) | 47) | 46) | 41) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 2.70 | 2.02 | 1.98 | 2.00 | 2.07 |
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
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and other amortization
= 124 ÷ 46 = 2.70
| 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 improved from 2022 to 2023 and from 2023 to 2024. |
Segment Capital Expenditures to Depreciation: PepsiCo Beverages North America (PBNA)
PepsiCo Inc.; PepsiCo Beverages North America (PBNA); segment capital expenditures to depreciation calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 1,541) | 1,723) | 1,714) | 1,275) | 1,245) |
| Depreciation and other amortization | 1,047) | 1,003) | 930) | 926) | 899) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.47 | 1.72 | 1.84 | 1.38 | 1.38 |
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
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and other amortization
= 1,541 ÷ 1,047 = 1.47
| 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 deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment Capital Expenditures to Depreciation: Latin America (LatAm)
PepsiCo Inc.; Latin America (LatAm); segment capital expenditures to depreciation calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 837) | 841) | 581) | 461) | 390) |
| Depreciation and other amortization | 394) | 372) | 306) | 283) | 251) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 2.12 | 2.26 | 1.90 | 1.63 | 1.55 |
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
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and other amortization
= 837 ÷ 394 = 2.12
| 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 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Segment Capital Expenditures to Depreciation: Europe
PepsiCo Inc.; Europe; segment capital expenditures to depreciation calculation
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 568) | 551) | 668) | 752) | 730) |
| Depreciation and other amortization | 377) | 347) | 357) | 364) | 350) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.51 | 1.59 | 1.87 | 2.07 | 2.09 |
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
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and other amortization
= 568 ÷ 377 = 1.51
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Europe | Europe segment capital expenditures to depreciation ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
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 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 450) | 391) | 307) | 325) | 252) |
| Depreciation and other amortization | 172) | 167) | 179) | 181) | 149) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 2.62 | 2.34 | 1.72 | 1.80 | 1.69 |
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
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and other amortization
= 450 ÷ 172 = 2.62
| 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 improved from 2022 to 2023 and from 2023 to 2024. |
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 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 294) | 284) | 241) | 203) | 230) |
| Depreciation and other amortization | 116) | 99) | 92) | 102) | 91) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 2.53 | 2.87 | 2.62 | 1.99 | 2.53 |
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
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and other amortization
= 294 ÷ 116 = 2.53
| 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 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Net revenue
PepsiCo Inc., net revenue by reportable segment
US$ in millions
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Frito-Lay North America (FLNA) | 24,755) | 24,914) | 23,291) | 19,608) | 18,189) |
| Quaker Foods North America (QFNA) | 2,676) | 3,101) | 3,160) | 2,751) | 2,742) |
| PepsiCo Beverages North America (PBNA) | 27,769) | 27,626) | 26,213) | 25,276) | 22,559) |
| Latin America (LatAm) | 11,718) | 11,654) | 9,779) | 8,108) | 6,942) |
| Europe | 13,874) | 13,234) | 12,724) | 13,038) | 11,922) |
| Africa, Middle East and South Asia (AMESA) | 6,217) | 6,139) | 6,438) | 6,078) | 4,573) |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | 4,845) | 4,803) | 4,787) | 4,615) | 3,445) |
| Total division | 91,854) | 91,471) | 86,392) | 79,474) | 70,372) |
| 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).
Operating profit (loss)
PepsiCo Inc., operating profit (loss) by reportable segment
US$ in millions
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Frito-Lay North America (FLNA) | 6,316) | 6,755) | 6,135) | 5,633) | 5,340) |
| Quaker Foods North America (QFNA) | 303) | 492) | 604) | 578) | 669) |
| PepsiCo Beverages North America (PBNA) | 2,302) | 2,584) | 5,426) | 2,442) | 1,937) |
| Latin America (LatAm) | 2,245) | 2,252) | 1,627) | 1,369) | 1,033) |
| Europe | 2,019) | 767) | (1,380) | 1,292) | 1,353) |
| Africa, Middle East and South Asia (AMESA) | 798) | 807) | 666) | 858) | 600) |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | 811) | 713) | 537) | 673) | 590) |
| Total division | 14,794) | 14,370) | 13,615) | 12,845) | 11,522) |
| Corporate | (1,907) | (2,384) | (2,103) | (1,683) | (1,442) |
| Total | 12,887) | 11,986) | 11,512) | 11,162) | 10,080) |
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).
Capital spending
PepsiCo Inc., capital spending by reportable segment
US$ in millions
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Frito-Lay North America (FLNA) | 1,182) | 1,341) | 1,464) | 1,411) | 1,189) |
| Quaker Foods North America (QFNA) | 124) | 103) | 93) | 92) | 85) |
| PepsiCo Beverages North America (PBNA) | 1,541) | 1,723) | 1,714) | 1,275) | 1,245) |
| Latin America (LatAm) | 837) | 841) | 581) | 461) | 390) |
| Europe | 568) | 551) | 668) | 752) | 730) |
| Africa, Middle East and South Asia (AMESA) | 450) | 391) | 307) | 325) | 252) |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | 294) | 284) | 241) | 203) | 230) |
| Total division | 4,996) | 5,234) | 5,068) | 4,519) | 4,121) |
| Corporate | 322) | 284) | 139) | 106) | 119) |
| Total | 5,318) | 5,518) | 5,207) | 4,625) | 4,240) |
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).
Depreciation and other amortization
PepsiCo Inc., depreciation and other amortization by reportable segment
US$ in millions
| Dec 28, 2024 | Dec 30, 2023 | Dec 31, 2022 | Dec 25, 2021 | Dec 26, 2020 | |
|---|---|---|---|---|---|
| Frito-Lay North America (FLNA) | 806) | 736) | 653) | 594) | 550) |
| Quaker Foods North America (QFNA) | 46) | 51) | 47) | 46) | 41) |
| PepsiCo Beverages North America (PBNA) | 1,047) | 1,003) | 930) | 926) | 899) |
| Latin America (LatAm) | 394) | 372) | 306) | 283) | 251) |
| Europe | 377) | 347) | 357) | 364) | 350) |
| Africa, Middle East and South Asia (AMESA) | 172) | 167) | 179) | 181) | 149) |
| Asia Pacific, Australia and New Zealand and China Region (APAC) | 116) | 99) | 92) | 102) | 91) |
| Total division | 2,958) | 2,775) | 2,564) | 2,496) | 2,331) |
| Corporate | 128) | 98) | 121) | 123) | 127) |
| Total | 3,086) | 2,873) | 2,685) | 2,619) | 2,458) |
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).