PEP
PepsiCo Inc
Q3 2024 Report
PepsiCo Inc (PEP) QQ3 2024 Financial Results Analysis: Navigating through Market Challenges...
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Executive Summary
In Q4 2024, PepsiCo Inc (PEP) reported total revenue of $27.78 billion, reflecting a 0.24% decline year-over-year but a remarkable 19.15% increase quarter-over-quarter, indicating a strong recovery following a challenging year. The company’s net income saw a notable 16.97% increase year-over-year to $1.52 billion, demonstrating enhanced profitability despite competitive market pressures. Management emphasized a strategic reinvestment into key segments, notably from non-operating gains, aimed at revitalizing volume growth, particularly in the Frito-Lay division. The commitment to innovation and addressing evolving consumer preferences positions PepsiCo favorably for continued growth into 2025 and beyond.
Key Performance Indicators
Revenue
27.78B
QoQ: 19.15% | YoY:-0.24%
Gross Profit
14.60B
52.56% margin
QoQ: 13.00% | YoY:-1.02%
Operating Income
2.25B
QoQ: -41.89% | YoY:33.69%
Net Income
1.52B
QoQ: -48.02% | YoY:16.97%
EPS
1.11
QoQ: -47.89% | YoY:16.84%
Revenue Trend
Margin Analysis
Key Insights
- **Total Revenue:** $27.78 billion (YoY Change: -0.24%, QoQ Change: +19.15%);
- **Gross Profit:** $14.60 billion with a gross profit margin of 52.56% (YoY Change: -1.02%, QoQ Change: +13.0%);
- **Operating Income:** Increased by 33.69% YoY to $2.25 billion, with an operating margin of 8.10%. **Profitability Ratios:**
- **Net Income:** $1.52 billion (YoY Change: +16.97%, QoQ Change: -48.02%);
- **Earnings Per Share (EPS):** $1.11, reflecting a 16.84% growth YoY but a decline of 47.89% QoQ, showcasing quarterly volatility in earnings.