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. Check PEP operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

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. Explore long-term investment intensity of PepsiCo Inc to see how much of total assets are deployed in long-term investments.

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 market cap of PepsiCo Inc.

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