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44 - PepsiCo

An example of PepsiCo’s line of healthy products. Joe Vericker/PhotoBureau Inc.

PepsiCo been remaking itself under CEO Indra Nooyi. The company is moving in the direction of consumers who claim to want healthier choices free from artificial ingredients. Case in point: Soda sales declined in 2016 for the 12th consecutive year. PepsiCo has increased its investment in R&D by 45% since 2011 in order to develop products like Tropicana with probiotics and gluten-free organic Tostitos. The funds also have gone toward manufacturing developments like a frying technique that has helped reduce the amount of fat in a potato chip by 20%. PepsiCo with 22 brands with $1 billion or more in sales now says the company’s Pepsi-Cola trademarked products make up just 12% of sales. Overall sales were essentially flat last year, but profits jumped 16%.

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Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$62799
Revenue Percent Change-0.4%
Profits ($M)$6,329.0
Profits Percent Change16.1%
Assets ($M)$74129
Market Value — as of March 31, 2017 ($M)$159,763
Employees264,000
Previous Rank44

Company Facts

Employees264,000
SectorFood, Beverages & Tobacco
IndustryFood Consumer Products
HQ LocationPurchase, NY
CEOIndra K. Nooyi
CEO Title-
Websitewww.pepsico.com
Years on Fortune 500 List23

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