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PepsiCo (PEP) Cash Flow Waterfall

Trace PepsiCo's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$13.10B

Capex

−$4.26B

Free Cash Flow

$8.84B

FCF Margin

+67.5%

Cash flow waterfall for PepsiCo (PEP) — TTM through Q1 2026

Free cash flow: $8.84B

Cash flow breakdown for PepsiCo (PEP) — TTM through Q1 2026

  • Operating Cash Flow$13.10B
  • Capital Expenditure−$4.26B
  • Free Cash Flow$8.84B
  • Acquisitions−$2.26B
  • Other Investing$395.00M
  • Share Buybacks−$999.00M
  • Dividends Paid−$7.72B
  • Net Debt Change$2.47B
  • Other Financing$1.17B
  • Forex Effect$340.00M
  • Net Cash Increase$2.23B
Want to see what drove the FCF change?Free Cash Flow Bridge

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