PepsiCo, Inc.

PEP ·Consumer Defensive, Beverages - Non-Alcoholic, United States
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $63.53B $62.80B $63.06B $66.68B $66.42B $65.49B $66.50B $57.84B
Cost of Revenue $28.80B $28.22B $28.73B $31.24B $31.24B $31.29B $31.59B $26.58B
Gross Profit $34.73B $34.58B $34.33B $35.45B $35.17B $34.20B $34.91B $31.26B
Gross Margin 54.7% 55.1% 54.4% 53.2% 53.0% 52.2% 52.5% 54.1%
Operating Expenses
Research & Development $737.0M $760.0M $754.0M $718.0M $665.0M $552.0M $525.0M $488.0M
SG&A Expense $24.45B $24.77B $24.61B $25.77B $25.36B $24.97B $25.15B $22.81B
Operating Income $10.28B $9.80B $8.35B $9.58B $9.71B $9.11B $9.63B $8.33B
Operating Margin 16.2% 15.6% 13.2% 14.4% 14.6% 13.9% 14.5% 14.4%
Interest Expense $1.15B $1.34B $970.0M $909.0M $911.0M $899.0M $856.0M $903.0M
Pretax Income $9.60B $8.55B $7.44B $8.76B $8.89B $8.30B $8.83B $8.23B
Income Tax Expense $4.69B $2.17B $1.94B $2.20B $2.10B $2.09B $2.37B $1.89B
Net Income $4.86B $6.33B $5.45B $6.51B $6.74B $6.18B $6.44B $6.32B
Net Margin 7.6% 10.1% 8.6% 9.8% 10.1% 9.4% 9.7% 10.9%
EPS (Basic) $3.40 $4.39 $3.71 $4.31 $4.37 $3.96 $4.08 $3.97
EPS (Diluted) $3.38 $4.36 $3.67 $4.27 $4.32 $3.92 $4.03 $3.91
Shares Outstanding (Basic) 1.43B 1.44B 1.47B 1.51B 1.54B 1.56B 1.58B 1.59B
Shares Outstanding (Diluted) 1.44B 1.45B 1.49B 1.53B 1.56B 1.58B 1.60B 1.61B
Dividends Per Share $3.17 $2.96 $2.76 $2.53 $2.24 $2.13 $2.03 $1.89
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