PepsiCo Inc (PEP) — Free Cash Flow Generation Index
Latest as of June 2026:
0.65x
PepsiCo Inc (PEP) has a Free Cash Flow Generation Index of 0.65x as of June 2026. Free cash flow of $1.50 Billion represents 1% of operating cash flow ($2.32 Billion). Explore PEP capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
0.65x
Free Cash Flow / Operating CF
Free Cash Flow
$1.50 Billion
USD
Operating Cash Flow
$2.32 Billion
USD
Capital Expenditures
$819.00 Million
USD
PepsiCo Inc Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for PepsiCo Inc across 37 annual periods. For the full cash flow conversion analysis, see PEP cash generation efficiency.
Annual Free Cash Flow Generation for PepsiCo Inc (1989–2025)
Year-by-year Free Cash Flow Generation Index for PepsiCo Inc. Check PepsiCo Inc cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.63x | $7.67 Billion | $12.09 Billion | $4.42 Billion | ▲ +10.4% |
| 2024 | 0.57x | $7.19 Billion | $12.51 Billion | $5.32 Billion | ▼ -2.5% |
| 2023 | 0.59x | $7.92 Billion | $13.44 Billion | $5.52 Billion | ▲ +13.7% |
| 2022 | 0.52x | $5.60 Billion | $10.81 Billion | $5.21 Billion | ▼ -13.9% |
| 2021 | 0.60x | $6.99 Billion | $11.62 Billion | $4.62 Billion | ▲ +0.2% |
| 2020 | 0.60x | $6.37 Billion | $10.61 Billion | $4.24 Billion | ▲ +7.0% |
| 2019 | 0.56x | $5.42 Billion | $9.65 Billion | $4.23 Billion | ▼ -13.8% |
| 2018 | 0.65x | $6.13 Billion | $9.41 Billion | $3.28 Billion | ▼ -7.3% |
| 2017 | 0.70x | $7.03 Billion | $9.99 Billion | $2.97 Billion | ▼ -0.7% |
| 2016 | 0.71x | $7.36 Billion | $10.40 Billion | $3.04 Billion | ▼ -4.3% |
| 2015 | 0.74x | $7.82 Billion | $10.58 Billion | $2.76 Billion | ▲ +1.6% |
| 2014 | 0.73x | $7.65 Billion | $10.51 Billion | $2.86 Billion | ▲ +2.3% |
| 2013 | 0.71x | $6.89 Billion | $9.69 Billion | $2.79 Billion | ▲ +4.6% |
| 2012 | 0.68x | $5.76 Billion | $8.48 Billion | $2.71 Billion | ▲ +8.5% |
| 2011 | 0.63x | $5.61 Billion | $8.94 Billion | $3.34 Billion | ▲ +1.9% |
| 2010 | 0.61x | $5.20 Billion | $8.45 Billion | $3.25 Billion | ▼ -10.5% |
| 2009 | 0.69x | $4.67 Billion | $6.80 Billion | $2.13 Billion | ▲ +5.6% |
| 2008 | 0.65x | $4.55 Billion | $7.00 Billion | $2.45 Billion | ▲ +0.1% |
| 2007 | 0.65x | $4.50 Billion | $6.93 Billion | $2.43 Billion | ▼ -1.6% |
| 2006 | 0.66x | $4.02 Billion | $6.08 Billion | $2.07 Billion | ▼ -6.2% |
| 2005 | 0.70x | $4.12 Billion | $5.85 Billion | $1.74 Billion | ▼ -3.1% |
| 2004 | 0.73x | $3.67 Billion | $5.05 Billion | $1.39 Billion | ▲ +5.3% |
| 2003 | 0.69x | $2.98 Billion | $4.33 Billion | $1.34 Billion | ▼ 0.0% |
| 2002 | 0.69x | $3.19 Billion | $4.63 Billion | $1.44 Billion | ▲ +0.7% |
| 2001 | 0.68x | $2.88 Billion | $4.20 Billion | $1.32 Billion | ▼ -1.5% |
| 2000 | 0.70x | $3.09 Billion | $4.44 Billion | $1.35 Billion | ▲ +69.5% |
| 1999 | 0.41x | $1.48 Billion | $3.60 Billion | $1.55 Billion | ▲ +148.2% |
| 1998 | -0.85x | $-2.73 Billion | $3.21 Billion | $5.94 Billion | ▼ -200.8% |
| 1997 | 0.84x | $8.15 Billion | $9.65 Billion | $1.51 Billion | ▲ +47.9% |
| 1996 | 0.57x | $2.17 Billion | $3.80 Billion | $1.63 Billion | ▲ +30.4% |
| 1995 | 0.44x | $1.64 Billion | $3.74 Billion | $2.10 Billion | ▲ +11.2% |
| 1994 | 0.39x | $1.46 Billion | $3.72 Billion | $2.25 Billion | ▲ +7.0% |
| 1993 | 0.37x | $1.15 Billion | $3.13 Billion | $1.98 Billion | ▼ -14.2% |
| 1992 | 0.43x | $1.16 Billion | $2.71 Billion | $1.55 Billion | ▲ +7.1% |
| 1991 | 0.40x | $972.50 Million | $2.43 Billion | $1.46 Billion | ▼ -9.2% |
| 1990 | 0.44x | $929.90 Million | $2.11 Billion | $1.18 Billion | ▼ -11.8% |
| 1989 | 0.50x | $942.10 Million | $1.89 Billion | $943.80 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).