PepsiCo Inc (PEP) — Free Cash Flow Generation Index
Latest as of December 2025:
0.71x
PepsiCo Inc (PEP) has a Free Cash Flow Generation Index of 0.71x as of December 2025. Free cash flow of $4.70 Billion represents 1% of operating cash flow ($6.62 Billion). See PEP working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
0.71x
Free Cash Flow / Operating CF
Free Cash Flow
$4.70 Billion
USD
Operating Cash Flow
$6.62 Billion
USD
Capital Expenditures
$1.92 Billion
USD
PepsiCo Inc Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for PepsiCo Inc across 37 annual periods. Explore PepsiCo Inc (PEP) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for PepsiCo Inc (1989–2025)
Year-by-year Free Cash Flow Generation Index for PepsiCo Inc. For the full company profile including market capitalisation, see PepsiCo Inc stock valuation.
| 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).