PepsiCo Inc (PEP) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.32x

PepsiCo Inc (PEP) has a Cash Flow Reinvestment Rate of 0.32x as of December 2025, reinvesting $2.10 Billion (capex $1.92 Billion plus investments $182.00 Million) from operating cash flow of $6.62 Billion. Explore PEP capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.32x
(Capex + Investments) / Operating CF

Total Reinvested

$2.10 Billion
Capex + Investments

Operating Cash Flow

$6.62 Billion
USD

Capital Expenditures

$1.92 Billion
USD

PepsiCo Inc Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for PepsiCo Inc across 37 annual periods. Also explore PepsiCo Inc assets under control for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for PepsiCo Inc (1989–2025)

Year-by-year capital reinvestment analysis for PepsiCo Inc. For live market cap and broader valuation context, see PepsiCo Inc market capitalisation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.40x $4.88 Billion $12.09 Billion $4.42 Billion ▼ -53.2%
2024 0.86x $10.79 Billion $12.51 Billion $5.32 Billion ▲ +9.0%
2023 0.79x $10.64 Billion $13.44 Billion $5.52 Billion ▲ +60.0%
2022 0.49x $5.35 Billion $10.81 Billion $5.21 Billion ▲ +0.8%
2021 0.49x $5.70 Billion $11.62 Billion $4.62 Billion ▼ -2.6%
2020 0.50x $5.35 Billion $10.61 Billion $4.24 Billion ▲ +12.3%
2019 0.45x $4.33 Billion $9.65 Billion $4.23 Billion ▼ -64.7%
2018 1.27x $11.98 Billion $9.41 Billion $3.28 Billion ▲ +164.0%
2017 0.48x $4.82 Billion $9.99 Billion $2.97 Billion ▼ -29.6%
2016 0.69x $7.13 Billion $10.40 Billion $3.04 Billion ▲ +0.9%
2015 0.68x $7.18 Billion $10.58 Billion $2.76 Billion ▼ -21.2%
2014 0.86x $9.05 Billion $10.51 Billion $2.86 Billion ▲ +192.1%
2013 0.29x $2.86 Billion $9.69 Billion $2.79 Billion ▼ -9.9%
2012 0.33x $2.77 Billion $8.48 Billion $2.71 Billion ▼ -14.0%
2011 0.38x $3.40 Billion $8.94 Billion $3.34 Billion ▼ -7.6%
2010 0.41x $3.48 Billion $8.45 Billion $3.25 Billion ▲ +31.6%
2009 0.31x $2.13 Billion $6.80 Billion $2.13 Billion ▼ -10.4%
2008 0.35x $2.45 Billion $7.00 Billion $2.45 Billion ▼ -0.3%
2007 0.35x $2.43 Billion $6.93 Billion $2.43 Billion ▲ +3.1%
2006 0.34x $2.07 Billion $6.08 Billion $2.07 Billion ▲ +14.6%
2005 0.30x $1.74 Billion $5.85 Billion $1.74 Billion ▲ +8.1%
2004 0.27x $1.39 Billion $5.05 Billion $1.39 Billion ▼ -11.7%
2003 0.31x $1.34 Billion $4.33 Billion $1.34 Billion ▲ +0.1%
2002 0.31x $1.44 Billion $4.63 Billion $1.44 Billion ▼ -1.5%
2001 0.32x $1.32 Billion $4.20 Billion $1.32 Billion ▲ +3.5%
2000 0.30x $1.35 Billion $4.44 Billion $1.35 Billion ▼ -29.1%
1999 0.43x $1.55 Billion $3.60 Billion $1.55 Billion ▼ -76.8%
1998 1.85x $5.94 Billion $3.21 Billion $5.94 Billion ▲ +1086.4%
1997 0.16x $1.51 Billion $9.65 Billion $1.51 Billion ▼ -63.7%
1996 0.43x $1.63 Billion $3.80 Billion $1.63 Billion ▼ -23.7%
1995 0.56x $2.10 Billion $3.74 Billion $2.10 Billion ▼ -7.3%
1994 0.61x $2.25 Billion $3.72 Billion $2.25 Billion ▼ -4.1%
1993 0.63x $1.98 Billion $3.13 Billion $1.98 Billion ▲ +10.6%
1992 0.57x $1.55 Billion $2.71 Billion $1.55 Billion ▼ -4.7%
1991 0.60x $1.46 Billion $2.43 Billion $1.46 Billion ▲ +7.3%
1990 0.56x $1.18 Billion $2.11 Billion $1.18 Billion ▲ +11.8%
1989 0.50x $943.80 Million $1.89 Billion $943.80 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow