PepsiCo price to free cash flow PEP

Market value divided by free cash flow over the last twelve months, since 2010.

Today, Oct 23, 2026: 17.7×
10-year median: 30.2×
Against its 10-year history: 0th; percentile: 0 is its lowest day, 100 its highest
10-year range: 16.4× to 50.7×
Peer median: 27.9×

PepsiCo's price to free cash flow is 17.7× as of Oct 23, 2026.

That is below its ten-year median of 30.2×, lower than on 100% of days in the last ten years.

Over that time it ranged from 16.4× in Oct 2026 to 50.7× in May 2023.

The median for 3 non-alcoholic beverage stocks of a similar size is 27.9×.

Price to free cash flow over time

median 30.2×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	17.7×	16.4×	30.9×
2025	29.0×	24.3×	33.3×
2024	33.8×	28.3×	38.7×
2023	33.6×	31.6×	50.7×
2022	39.0×	29.0×	40.1×
2021	35.9×	28.0×	35.9×
2020	32.2×	26.7×	37.9×
2019	31.5×	25.3×	32.2×
2018	27.9×	20.7×	30.8×
2017	24.6×	19.3×	24.9×
2016	19.9×	17.5×	20.7×
2015	18.6×	17.1×	21.4×
2014	21.1×	16.6×	21.8×
2013	17.6×	16.2×	22.2×
2012	19.3×	17.5×	23.8×
2011	21.0×	18.2×	21.8×
2010	18.8×	18.4×	19.8×

Against its peers

Companies in Beverages - Non-Alcoholic nearest PepsiCo's size, closest first, today.

Company	Price to free cash flow
PEPPepsiCo	17.7×
MNSTMonster Beverage	43.1×
KOCoca-Cola	27.9×
KDPKeurig Dr Pepper	24.0×
Peer median	27.9×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on PepsiCo

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.