Revenue vs Net income
Reported dollars from 10-Q / 10-K filings. Q4 bars are derived (annual less nine months) where the 10-K does not tag Q4 separately.
Margin trend
Gross, operating and net margin. Margins are derived from reported dollars.
Revenue YoY growth
Year-over-year change vs the same quarter (or fiscal year) a year earlier. Shown where the prior-year period is in the 8-quarter snapshot (latest four quarters).
Income statement
From 10-Q / 10-K XBRL. Values in reported dollars; EPS in $/share; share counts in shares.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $79.5B | $86.4B | $91.5B | $91.9B | $93.9B |
| YoY | — | +8.7% | +5.9% | +0.4% | +2.3% |
| Cost of goods sold | $37.1B | $40.6B | $41.9B | $41.7B | $43.1B |
| YoY | — | +9.4% | +3.2% | -0.3% | +3.2% |
| Gross profit | $42.4B | $45.8B | $49.6B | $50.1B | $50.9B |
| YoY | — | +8.1% | +8.2% | +1.0% | +1.5% |
| Research & development | $752.0M | $771.0M | $804.0M | $813.0M | $839.0M |
| YoY | — | +2.5% | +4.3% | +1.1% | +3.2% |
| Selling, general & administrative | $31.2B | $34.5B | $36.7B | $37.2B | $37.4B |
| YoY | — | +10.3% | +6.4% | +1.4% | +0.5% |
| Operating income | $11.2B | $11.5B | $12.0B | $12.9B | $11.5B |
| YoY | — | +3.1% | +4.1% | +7.5% | -10.8% |
| Pretax income | $9.8B | $10.7B | $11.4B | $11.9B | $10.2B |
| YoY | — | +9.0% | +6.7% | +4.6% | -14.2% |
| Income tax | $2.1B | $1.7B | $2.3B | $2.3B | $1.9B |
| YoY | — | -19.4% | +31.0% | +2.6% | -16.0% |
| Net income | $7.6B | $8.9B | $9.1B | $9.6B | $8.2B |
| YoY | — | +17.0% | +1.8% | +5.6% | -14.0% |
| EPS — basic | $5.51 | $6.45 | $6.59 | $6.97 | $6.02 |
| YoY | — | +17.1% | +2.2% | +5.8% | -13.6% |
| EPS — diluted | $5.49 | $6.42 | $6.56 | $6.95 | $6.00 |
| YoY | — | +16.9% | +2.2% | +5.9% | -13.7% |
| Weighted shares — basic | 1.38B | 1.38B | 1.38B | 1.37B | 1.37B |
| Weighted shares — diluted | 1.39B | 1.39B | 1.38B | 1.38B | 1.37B |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $5.6B | $5.0B | $9.7B | $8.5B | $9.2B |
| YoY | — | -11.5% | +96.0% | -12.4% | +7.7% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Inventory | $4.3B | $5.2B | $5.3B | $5.3B | $5.8B |
| YoY | — | +20.1% | +2.1% | -0.5% | +10.2% |
| Total current assets | $21.8B | $21.5B | $26.9B | $25.8B | $27.9B |
| YoY | — | -1.1% | +25.1% | -4.2% | +8.2% |
| Total assets | $92.4B | $92.2B | $100.5B | $99.5B | $107.4B |
| YoY | — | -0.2% | +9.0% | -1.0% | +8.0% |
| Total current liabilities | $26.2B | $26.8B | $31.6B | $31.5B | $32.8B |
| YoY | — | +2.2% | +18.2% | -0.4% | +3.9% |
| Total liabilities | $76.2B | $74.9B | $81.9B | $81.3B | $86.9B |
| YoY | — | -1.7% | +9.3% | -0.7% | +6.8% |
| Total equity | $16.0B | $17.1B | $18.5B | $18.0B | $20.4B |
| YoY | — | +6.9% | +7.9% | -2.5% | +13.1% |
| Shares outstanding | — | — | — | — | — |
| YoY | — | — | — | — | — |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Operating cash flow | $11.6B | $10.8B | $13.4B | $12.5B | $12.1B |
| YoY | — | -6.9% | +24.3% | -7.0% | -3.4% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | $5.8B | $6.2B | $6.7B | $7.2B | $7.6B |
| YoY | — | +6.1% | +8.3% | +8.2% | +5.7% |
| Share repurchases | $106.0M | $1.5B | $1.0B | $1.0B | $1.0B |
| YoY | — | +1315.1% | -33.3% | +0.0% | +0.0% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | 53.3% | 53.0% | 54.2% | 54.6% | 54.1% |
| Operating margin | 14.0% | 13.3% | 13.1% | 14.0% | 12.2% |
| Net margin | 9.6% | 10.3% | 9.9% | 10.4% | 8.8% |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | 21.8% | 16.1% | 19.8% | 19.4% | 19.0% |
| Current ratio | 0.83x | 0.80x | 0.85x | 0.82x | 0.85x |
| Total liabilities / equity | 4.75x | 4.37x | 4.42x | 4.51x | 4.26x |
Peer comparison — latest full year
Same sector (Consumer Staples), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| PEP FY25 · this stock | $93.9B | +2.3% | 54.1% | 12.2% | 8.8% | — |
| WMT FY26 | $713.2B | +4.7% | — | 4.2% | 3.1% | 2.1% |
| COST FY26 | $303.2B | +10.1% | — | 3.9% | 3.0% | 3.1% |
| KR FY26 | $147.6B | +0.4% | — | 1.3% | 0.7% | — |
| PG FY26 | $87.0B | +3.3% | — | 22.7% | 18.4% | 17.4% |
| SYY FY26 | $84.6B | +3.9% | 18.5% | 3.7% | 2.1% | — |
| ADM FY25 | $80.3B | -6.2% | 6.3% | — | 1.3% | 5.2% |
| TSN FY25 | $54.4B | +2.1% | 6.5% | 2.0% | 0.9% | 2.2% |
| KO FY25 | $47.9B | +1.9% | 61.6% | 28.7% | 27.3% | 11.0% |
| PM FY25 | $40.6B | +7.3% | 67.1% | 36.6% | 27.9% | 26.2% |
| MDLZ FY25 | $38.5B | +5.8% | 28.4% | 9.2% | 6.4% | 8.4% |
Source: SEC EDGAR XBRL company facts (10-Q / 10-K), snapshot generated 2026-11-03 for 218 tickers. Q4 values are derived as the 10-K annual less the first nine months, since Q4 is not separately tagged in company facts; cash-flow quarterly values are derived from year-to-date filings the same way. Free cash flow = operating cash flow − capital expenditures. Blank cells mean the filing does not report that line item under a standard US-GAAP tag — nothing is estimated or filled in. Descriptive research, not investment advice. How EarnIQ builds fundamentals.