Why did PepsiCo (PEP) stock move recently?

On 7/9/2026, PepsiCo moved -3.3% — PepsiCo reported Q2 2026 results (via 10-Q/8-K) showing adjusted EPS of $2.20, missing the $2.21 consensus estimate, despite a revenue beat at $24.18B vs ~$23.95B expected; the miss was driven by weaker North American food sales amid tighter consumer budgets and price cuts. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is PepsiCo (PEP) overvalued or fairly valued?

MarketChacha shows PepsiCo's valuation in context — a trailing P/E of about 19.4, a forward P/E of about 14.5, a price-to-book of about 8.0 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does PepsiCo's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.41×) from reported figures — education, not a rating.

What is PepsiCo's revenue?

PepsiCo reported revenue of $93.9B for FY2025, with net profit of $8.2B, per official filings.

What is the share price of PepsiCo (PEP)?

PepsiCo last traded at $129.75 (-2.9% on the day), as of 9/18/2026 — a delayed quote shown for education, not investment advice.

PepsiCo

PEP · NASDAQ · FMCG/Beverages · United States

Snapshot

TickerPEP

ExchangeNASDAQ

SectorFMCG/Beverages

IndustryBeverages - Non-Alcoholic

CountryUnited States

CEOMr. Silviu Yeugeniu Popovici

Employees306,000

HeadquartersPurchase, United States

Websitewww.pepsico.com

Filings tracked14

About PepsiCo

PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through six segments: PepsiCo Foods North America; PepsiCo Beverages North America; International Beverages Franchise; Europe, Middle East and Africa; Latin America Foods; and Asia Pacific Foods. It offers cereals, chips, dips, granola bars, oatmeal, pasta, rice, and syrups and mixes; refrigerated dips and spreads; beverage concentrates, fountain syrups, and finished goods; and ready-to-drink tea and coffee products. The company also provides SodaStream sparkling water makers and related products, as well as various dairy products under the Agusha, Chudo, and Domik v Derevne brands. It serves wholesale and other distributors, foodservice customers, grocery stores, drug stores, convenience stores, discount/dollar stores, mass merchandisers, membership stores, hard discounters, e-commerce retailers and authorized independent bottlers, and others through a network of direct-store-delivery, customer warehouse, and distributor networks, as well as directly to consumers through e-commerce platforms and retailers. PepsiCo, Inc. was founded in 1898 and is based in Purchase, New York.

Who owns it

Insiders0.2%
Institutions81.5%
Public & other18.3%

4,333 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.8.42%
Vanguard Capital Management LLC6.36%
State Street Corporation4.30%
Invesco Ltd.3.07%
Vanguard Portfolio Management LLC2.65%
Charles Schwab Investment Management, Inc.2.57%
Geode Capital Management, LLC2.49%
JPMORGAN CHASE & CO2.18%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.41×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend9.9% → 8.8%

Margin has held broadly steady over the period — stable profitability.

Return on equity40.4%

Latest ROE of 40.4% — capital is generating a healthy return.

Growth qualityrev 1% · PAT -5%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $30.4B · EPS 2.44

Est. earnings growth +7.8%

Next fiscal year

Rev $101.8B · EPS 8.98

Est. earnings growth +4.9%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$93.9B

Net margin

8.8%

ROE

40.4%

Revenue CAGR (2y)

+1.3%

Profit CAGR (2y)

-4.7%

EPS (FY2025)

6.00

Net profit (FY2025)

$8.2B

Ask MarketChacha about PEP

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Jul 9, 2026
PepsiCo reported Q2 2026 results (via 10-Q/8-K) showing adjusted EPS of $2.20, missing the $2.21 consensus estimate, despite a revenue beat at $24.18B vs ~$23.95B expected; the miss was driven by weaker North American food sales amid tighter consumer budgets and price cuts.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Jul 1, 2026
No clear company-specific catalyst identified; the gain occurred amid recent analyst price target cuts and ahead of Q2 results next week, consistent with broader market or sector movement.
· confidence: low

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about PEP

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$93.9B	$8.2B	6.00	8.8%	40.4%
FY2024	$91.9B	$9.6B	6.95	10.4%	53.1%
FY2023	$91.5B	$9.1B	6.56	9.9%	49.0%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$24.2B	$3.0B	2.18	12.3%
2026Q1	$19.4B	$2.3B	1.70	12.0%
2025Q3	$23.9B	$2.6B	1.90	10.9%
2025Q2	$22.7B	$1.3B	0.92	5.6%
2025Q1	$17.9B	$1.8B	1.33	10.2%
2024Q3	$23.3B	$2.9B	2.13	12.6%
2024Q2	$22.5B	$3.1B	2.23	13.7%
2024Q1	$18.3B	$2.0B	1.48	11.2%
2023Q3	$23.5B	$3.1B	2.24	13.2%
2023Q2	$22.3B	$2.7B	1.99	12.3%
2023Q1	$17.8B	$1.9B	1.40	10.8%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q — FORM 10-Q
SEC7/9/2026
8-K — Results of operations, Exhibits
SEC7/9/2026material
8-K — Other events, Exhibits
SEC5/22/2026material
8-K — Shareholder vote results
SEC5/8/2026material
10-Q — FORM 10-Q
SEC4/16/2026
8-K — Results of operations, Exhibits
SEC4/16/2026material
8-K — Other events, Exhibits
SEC2/11/2026material
10-K — FORM 10-K
SEC2/3/2026
8-K — Results of operations, Exhibits
SEC2/3/2026material

2025

8-K — Executive/director change
SEC12/15/2025material
8-K — Reg FD disclosure, Exhibits
SEC12/8/2025material
10-Q — FORM 10-Q
SEC10/9/2025
8-K — Results of operations, Executive/director change, Exhibits
SEC10/9/2025material
8-K — Other events, Exhibits
SEC7/28/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.