PepsiCo Inc (PEP) - Cash Flow Conversion Efficiency
Based on the latest financial reports, PepsiCo Inc (PEP) has a cash flow conversion efficiency ratio of 0.322x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($6.62 Billion) by net assets ($20.55 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See PepsiCo Inc (PEP) net asset quality to measure how much of total assets are equity-financed.
PepsiCo Inc - Cash Flow Conversion Efficiency Trend (1989–2025)
This chart illustrates how PepsiCo Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check PepsiCo Inc (PEP) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
PepsiCo Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of PepsiCo Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mitsubishi UFJ Financial Group Inc ADR
NYSE:MUFG
|
0.023x |
|
Verizon Communications Inc
SA:VERZ34
|
0.076x |
|
Shopify Inc
NYSE:SHOP
|
0.041x |
|
Amgen Inc
NASDAQ:AMGN
|
0.185x |
|
Verizon Communications Inc
NYSE:VZ
|
0.076x |
|
McDonald’s Corporation
NYSE:MCD
|
-1.876x |
|
SHELL PLC WI ADR/2
F:L3H
|
0.054x |
|
Reliance Industries Limited
NSE:RELIANCE
|
0.094x |
Annual Cash Flow Conversion Efficiency for PepsiCo Inc (1989–2025)
The table below shows the annual cash flow conversion efficiency of PepsiCo Inc from 1989 to 2025. For the full company profile with market capitalisation and key ratios, see PepsiCo Inc market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $20.55 Billion | $12.09 Billion | 0.588x | -14.53% |
| 2024-12-31 | $18.17 Billion | $12.51 Billion | 0.688x | -4.57% |
| 2023-12-31 | $18.64 Billion | $13.44 Billion | 0.721x | +15.24% |
| 2022-12-31 | $17.27 Billion | $10.81 Billion | 0.626x | -12.98% |
| 2021-12-31 | $16.15 Billion | $11.62 Billion | 0.719x | -8.16% |
| 2020-12-31 | $13.55 Billion | $10.61 Billion | 0.783x | +20.67% |
| 2019-12-31 | $14.87 Billion | $9.65 Billion | 0.649x | +0.65% |
| 2018-12-31 | $14.60 Billion | $9.41 Billion | 0.645x | -29.15% |
| 2017-12-31 | $10.98 Billion | $9.99 Billion | 0.910x | -2.03% |
| 2016-12-31 | $11.20 Billion | $10.40 Billion | 0.929x | +5.63% |
| 2015-12-31 | $12.03 Billion | $10.58 Billion | 0.879x | +46.90% |
| 2014-12-31 | $17.55 Billion | $10.51 Billion | 0.599x | +50.72% |
| 2013-12-31 | $24.39 Billion | $9.69 Billion | 0.397x | +4.94% |
| 2012-12-31 | $22.40 Billion | $8.48 Billion | 0.379x | -11.55% |
| 2011-12-31 | $20.90 Billion | $8.94 Billion | 0.428x | +8.79% |
| 2010-12-31 | $21.48 Billion | $8.45 Billion | 0.393x | +0.96% |
| 2009-12-31 | $17.44 Billion | $6.80 Billion | 0.390x | -29.96% |
| 2008-12-31 | $12.58 Billion | $7.00 Billion | 0.556x | +38.26% |
| 2007-12-31 | $17.23 Billion | $6.93 Billion | 0.402x | +2.15% |
| 2006-12-31 | $15.45 Billion | $6.08 Billion | 0.394x | -3.62% |
| 2005-12-31 | $14.32 Billion | $5.85 Billion | 0.409x | +9.74% |
| 2004-12-31 | $13.57 Billion | $5.05 Billion | 0.372x | +2.35% |
| 2003-12-31 | $11.90 Billion | $4.33 Billion | 0.364x | -26.89% |
| 2002-12-31 | $9.30 Billion | $4.63 Billion | 0.498x | +2.44% |
| 2001-12-31 | $8.65 Billion | $4.20 Billion | 0.486x | -16.81% |
| 2000-12-31 | $7.60 Billion | $4.44 Billion | 0.584x | +11.45% |
| 1999-12-31 | $6.88 Billion | $3.60 Billion | 0.524x | +4.44% |
| 1998-12-31 | $6.40 Billion | $3.21 Billion | 0.502x | -63.96% |
| 1997-12-31 | $6.94 Billion | $9.65 Billion | 1.392x | +142.80% |
| 1996-12-31 | $6.62 Billion | $3.80 Billion | 0.573x | +12.04% |
| 1995-12-31 | $7.31 Billion | $3.74 Billion | 0.512x | -5.59% |
| 1994-12-31 | $6.86 Billion | $3.72 Billion | 0.542x | +9.61% |
| 1993-12-31 | $6.34 Billion | $3.13 Billion | 0.494x | -2.33% |
| 1992-12-31 | $5.36 Billion | $2.71 Billion | 0.506x | +15.53% |
| 1991-12-31 | $5.55 Billion | $2.43 Billion | 0.438x | +1.86% |
| 1990-12-31 | $4.90 Billion | $2.11 Billion | 0.430x | -11.23% |
| 1989-12-31 | $3.89 Billion | $1.89 Billion | 0.485x | -- |
About PepsiCo Inc
PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through six segments: PepsiCo Foods North America; PepsiCo Beverages North America; International Beverages Franchise; Europe, Middle East and Africa; Latin America Foods; and Asia Pacific Foods. It offers cereals, chips, dips, granola bars, oatmeal… Read more