Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $70,372 | $79,474 | $86,392 | $91,471 | $91,854 |
| Gross Profit | $38,575 | $42,399 | $45,816 | $49,590 | $50,110 |
| Operating Income | $10,080 | $11,162 | $11,512 | $11,986 | $12,887 |
| Net Income | $7,120 | $7,618 | $8,910 | $9,074 | $9,578 |
Over the past five years, PepsiCo's income statement shows steady growth across key metrics despite a deceleration in revenue increases later in the period. In 2020, revenue was USD 70.4 billion, rising to approximately USD 91.9 billion in 2024, reflecting overall growth but with a notable slowdown from 2023 to 2024 where growth was under 0.5%. Gross profit increased from USD 38.6 billion in 2020 to USD 50.1 billion in 2024, following a similar trend to revenue. Operating income climbed from USD 10.1 billion to USD 12.9 billion, while net income grew from USD 7.1 billion to USD 9.6 billion; both metrics suggest that although revenue expanded, profit margins remained relatively stable. There were no dramatic year-over-year swings exceeding 20%, which indicates a consistent performance rather than volatile pulses. The operating and net margins, in the range of about 13%–14% and roughly 10%, respectively, underscore the company's disciplined cost management and pricing power within a mature consumer packaged goods industry. This consistent performance can be attributed to PepsiCo’s resilient product portfolio and efficient operations that have allowed it to manage both input costs and competitive pressures effectively. Although revenue growth appears to have tapered in the most recent fiscal year, the sustained profitability and stable margins suggest that the company remains in good financial health. Overall, the performance metrics indicate a solid financial foundation and sustainability, making PepsiCo well-positioned to navigate an evolving market environment with ongoing challenges such as inflation and shifting consumer preferences.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.