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). Read PepsiCo Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
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 how much does PepsiCo Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
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 PEP market cap.
| 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).