PepsiCo has been working and producing products for its customers since 1965 when the two companies Pepsi and Cola merged and started to provide a wide range of products in the food and beverage category. This company has acquired a large portion of the food and beverage market in terms of capturing market. Pepsico has served its products in more than 200 countries worldwide, making it possible for the company to make more than $70 billion of revenue annually. The company has grown a lot since its merger. Also check Facebook Net Worth, Apple Net Worth.
Pepsico Net Worth
Pepsico has made a massive growth in revenue over the last couple of years. The company has reported a net worth of $232 billion in 2023. In the year 2017, the company made a total revenue of $62.525 billion; in the year 2020, the company made a total revenue of $70.372 billion. That is a massive growth in revenue in 3 years. In 2018, the company also came under the Fortune 500 list because of its total revenue. Pepsico has also made massive growth in the share price. It is currently traded at $168 per share, but it was only $100 in 2018. Pepsico’s total market capitalization is $233.12 billion.
PepsiCo Revenue 2022
PepsiCo revenue for the quarter ending September 30, 2022 was $21.971 Billion PepsiCo revenue for the twelve months ending September 30, 2022 was $83.644 Billion PepsiCo annual revenue for 2021 was $79.474 Billion PepsiCo annual revenue for 2020 was $70.372 Billion PepsiCo annual revenue for 2019 was $67.161 Billion
Pepsico Inception
Pepsi-Cola was founded in the years of 1902 by Caleb Bradham and also registered its recipe for the drink in the years of 1903. It gained popularity from its corporation till 1923. Still, after these years, the company started to face financial problems, and also the company owner declared bankruptcy because of financial issues the company reformed in the years 1923 when it was acquired by the Craven Holding Corporation. In 1923, it was purchased by the Craven Holding Corporation. In 1965, the company merged with the other company called Frito-Lay, Incorporation and finally became PepsiCo, Inc in the state of Delaware and headquartered in Manhattan. Then the location shifted to Purchase, New York, in 1970. The founder of the company has decided again to relocate the location of the company to North Carolina. Also check Microsoft Net Worth.
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PepsiCo Net Income 2022
PepsiCo net income for the quarter ending September 30, 2022 was $2.702 Billion PepsiCo net income for the twelve months ending September 30, 2022 was $9.714 Billion PepsiCo annual net income for 2021 was $7.618 Billion PepsiCo annual net income for 2020 was $7.12 Billion PepsiCo annual net income for 2019 was $7.314 Billion
Pepsico Evolution
In the initial years of its incorporation, the company only focused on producing soft drinks, but as the company gained recognition all around the world, It has started to expect its business in other products also to score more in the market. To grow more, the company has acquired other companies in the other field of food and beverages. In 1998, the company first acquired the other beverages company selling orange juice called Tropicana Products, and it was merged with the h Quaker Oats Company. In 2009, the company decided to expand by acquiring the two big names Pepsi Bottling Group and PepsiAmericas in North America for $7 billion. It was one of the big chances that the company made and fayre that it became PepsiCo’s wholly owned subsidiary, Pepsi Beverages Company. In the years of 2011, another one of the most significant acquisitions that the company made was by acquiring the company Wimm-Bill-Dann Foods, which was a Russian food company. Also, check Google Net Worth.
PepsiCo Assets 2022
PepsiCo total assets for the quarter ending September 30, 2022 were $94.461 Billion PepsiCo total assets for 2021 were $92.377 Billion PepsiCo total assets for 2020 were $92.918 Billion PepsiCo total assets for 2019 were $78.547 Billion
Pepsico: Awards and Achievements
It has also ranked number seven in the Gartner Supply Chain Top 25. The company won the Organizational Leadership Award in the year of 2019. There are so many other awards and recognition that the company has received from its corporation. It has also recently been among America’s Most Just Companies in 2022. It also got its World’s Best Employers in the FY 2020-2021. There are so many other awards that the company has achieved since its formation. Also check
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