Company: PepsiCo, Inc.
Ticker: PEP
Form: 10-K
Filed: 2026-02-03
Fiscal Period: {"fp": "FY", "fy": 2025}

Question: What was PepsiCo, Inc.'s operating cash flow margin in fiscal year 2025?
Question Type: derived_ratio

Concept: NetCashProvidedByUsedInOperatingActivities
Revenues
Answer (Numeric): 12.87
Answer (Display): 12.87%
Unit: percent

Evidence:
[{"chunk_id": "141", "equivalent_chunk_ids": ["141"], "section": "Consolidated Statement of Cash Flows", "supports": ["numerator", "denominator"], "text": "PepsiCo, Inc. and Subsidiaries\nFiscal years ended December 27, 2025, December 28, 2024 and December 30, 2023\n(in millions)\nOperating Activities\nNet income\n8,295\n9,626\n9,155\nDepreciation and amortization\n3,451\n3,160\n2,948\nImpairment and other charges\n1,946\n1,230\nProduct recall-related impact\nCash payments for product recall-related impact\nOperating lease right-of-use asset amortization\nShare-based compensation expense\nRestructuring and impairment charges\nCash payments for restructuring charges\nAcquisition and divestiture-related charges\nCash payments for acquisition and divestiture-related charges\nPension and retiree medical plan expenses\nPension and retiree medical plan contributions\nDeferred income taxes and other tax charges and credits\nTax payments related to the TCJ Act\nChange in assets and liabilities:\nAccounts and notes receivable\nInventories\nPrepaid expenses and other current assets\nAccounts payable and other current liabilities\nIncome taxes payable\nOther, net\nNet Cash Provided by Operating Activities\n12,087\n12,507\n13,442\nInvesting Activities\nCapital spending\n4,415\n5,318\n5,518\nSales of property, plant and equipment\nAcquisitions, net of cash acquired, investments in noncontrolled affiliates and purchases of intangible and other assets\n3,391\nDivestitures, sales of investments in noncontrolled affiliates and other assets\nShort-term investments, by original maturity:\nMore than three months - purchases\nMore than three months - maturities\nMore than three months - sales\nThree months or less, net\nOther investing, net\nNet Cash Used for Investing Activities\n6,879\n5,472\n5,495\n(Continued on following page)"}]

Derivation: {"denominator": "revenue", "denominator_value": 93925.0, "format": "percentage", "numerator": "operating_cash_flow", "numerator_value": 12087.0, "op": "divide"}