PepsiCo Inc (PEP) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.38x

PepsiCo Inc (PEP) has a Cash Flow Reinvestment Rate of 0.38x as of June 2026, reinvesting $892.00 Million (capex $819.00 Million plus investments $-73.00 Million) from operating cash flow of $2.32 Billion. See PepsiCo Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.38x
(Capex + Investments) / Operating CF

Total Reinvested

$892.00 Million
Capex + Investments

Operating Cash Flow

$2.32 Billion
USD

Capital Expenditures

$819.00 Million
USD

PepsiCo Inc Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for PepsiCo Inc across 37 annual periods. For the full cash flow conversion analysis, see PEP cash generation efficiency.

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

Year-by-year capital reinvestment analysis for PepsiCo Inc. See financial agility of PepsiCo Inc to measure the company's free cash flow as a share of total liabilities.

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