PepsiCo Inc (PEP) — Capital Reinvestment Ratio
PepsiCo Inc (PEP) has a Capital Reinvestment Ratio of 0.35x as of June 2026, meaning it reinvests 0% of its operating cash flow ($2.32 Billion) in capital expenditures ($819.00 Million). Check PEP tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
PepsiCo Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks PepsiCo Inc's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see how efficiently does PepsiCo Inc generate cash.
Annual Capital Reinvestment Ratio for PepsiCo Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for PepsiCo Inc from 1989 to 2025. See how much free cash does PepsiCo Inc generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.37x | $12.09 Billion | $4.42 Billion | ▼ -14.1% |
| 2024 | 0.43x | $12.51 Billion | $5.32 Billion | ▲ +3.6% |
| 2023 | 0.41x | $13.44 Billion | $5.52 Billion | ▼ -14.8% |
| 2022 | 0.48x | $10.81 Billion | $5.21 Billion | ▲ +21.0% |
| 2021 | 0.40x | $11.62 Billion | $4.62 Billion | ▼ -0.3% |
| 2020 | 0.40x | $10.61 Billion | $4.24 Billion | ▼ -8.9% |
| 2019 | 0.44x | $9.65 Billion | $4.23 Billion | ▲ +25.8% |
| 2018 | 0.35x | $9.41 Billion | $3.28 Billion | ▲ +17.3% |
| 2017 | 0.30x | $9.99 Billion | $2.97 Billion | ▲ +1.7% |
| 2016 | 0.29x | $10.40 Billion | $3.04 Billion | ▲ +12.1% |
| 2015 | 0.26x | $10.58 Billion | $2.76 Billion | ▼ -4.2% |
| 2014 | 0.27x | $10.51 Billion | $2.86 Billion | ▼ -5.7% |
| 2013 | 0.29x | $9.69 Billion | $2.79 Billion | ▼ -9.9% |
| 2012 | 0.32x | $8.48 Billion | $2.71 Billion | ▼ -14.3% |
| 2011 | 0.37x | $8.94 Billion | $3.34 Billion | ▼ -3.0% |
| 2010 | 0.39x | $8.45 Billion | $3.25 Billion | ▲ +23.0% |
| 2009 | 0.31x | $6.80 Billion | $2.13 Billion | ▼ -10.4% |
| 2008 | 0.35x | $7.00 Billion | $2.45 Billion | ▼ -0.3% |
| 2007 | 0.35x | $6.93 Billion | $2.43 Billion | ▲ +3.1% |
| 2006 | 0.34x | $6.08 Billion | $2.07 Billion | ▲ +14.6% |
| 2005 | 0.30x | $5.85 Billion | $1.74 Billion | ▲ +8.1% |
| 2004 | 0.27x | $5.05 Billion | $1.39 Billion | ▼ -11.7% |
| 2003 | 0.31x | $4.33 Billion | $1.34 Billion | ▲ +0.1% |
| 2002 | 0.31x | $4.63 Billion | $1.44 Billion | ▼ -1.5% |
| 2001 | 0.32x | $4.20 Billion | $1.32 Billion | ▲ +3.5% |
| 2000 | 0.30x | $4.44 Billion | $1.35 Billion | ▼ -29.1% |
| 1999 | 0.43x | $3.60 Billion | $1.55 Billion | ▼ -76.8% |
| 1998 | 1.85x | $3.21 Billion | $5.94 Billion | ▲ +1086.4% |
| 1997 | 0.16x | $9.65 Billion | $1.51 Billion | ▼ -63.7% |
| 1996 | 0.43x | $3.80 Billion | $1.63 Billion | ▼ -23.7% |
| 1995 | 0.56x | $3.74 Billion | $2.10 Billion | ▼ -7.3% |
| 1994 | 0.61x | $3.72 Billion | $2.25 Billion | ▼ -4.1% |
| 1993 | 0.63x | $3.13 Billion | $1.98 Billion | ▲ +10.6% |
| 1992 | 0.57x | $2.71 Billion | $1.55 Billion | ▼ -4.7% |
| 1991 | 0.60x | $2.43 Billion | $1.46 Billion | ▲ +7.3% |
| 1990 | 0.56x | $2.11 Billion | $1.18 Billion | ▲ +11.8% |
| 1989 | 0.50x | $1.89 Billion | $943.80 Million | — |